UK Commercial Boiler Market 2022 Opportunities, Trends, And Growth Analysis To 2026
Growing inclination towards eco-friendly energy products in line with regulations for the reduction of carbon footprint is likely to drive UK commercial boiler market.
A commercial boiler is a sturdy and reliable equipment for providing heating solution. Commercial boilers offer several advantages including energy efficiency, cleaner operations and environmental compliance. Shifting preference towards reliable and energy efficient systems along with growing consumer demand for affordable heating solutions will bolster product deployment over the coming years. By 2026, UK commercial boiler industry will witness an annual installation of more than 51 thousand units.
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Natural gas commercial boilers are expensively deployed across industrial facilities across the UK due to several benefits offered by the product including affordable price structure, cleaner operations and high efficiency. Growing investments towards the development of new healthcare facilities will also spur product demand.
Natural gas powered boiler designs offer thermal efficiencies up to 96%. Rapid adoption of clean gases as a primary source of energy is estimated to supplement UK commercial boiler market share over 2020-2026. Moreover, strong gas supply network in the region will further strengthen the business landscape over the analysis period.
With the introduction of regulatory norms supporting adoption of energy efficient heating solutions in the U.K, the traditional boilers are extensively being replaced by high efficiency commercial boilers. Rising demand for sustainable and superior performance heating solutions from commercial and industrial settings will substantially boost the installation of commercial boiler sets. Lower maintenance cost of the product is another prominent feature favoring the deployment over other alternatives.
UK commercial boiler industry is estimated to garner considerable proceeds from healthcare and retail sectors. The demand for replacing traditional boilers with new commercial boilers is significantly high in these industries, which is likely to offer lucrative growth scope for industry growth. Moreover, rising spending on commercial infrastructure development may also fuel product demand over the forecast time span.
Most of the building structures such as healthcare facilities and educational institutions in the U.K. are largely dependent on heating systems for supply of heat at low pressure. In these settings, commercial boiler units are installed with a centralized plant to meet the heating demand in extremely cold weather.
Introduction of smart technologies and better user interface in the commercial boilers may propel U.K. commercial boiler industry growth. Availability of cost-effective advanced heating technologies will augment the installation of sustainable heating solutions across the country. In addition, cost saving potential of these heating systems coupled with ongoing investment toward zero emission buildings is likely to change UK commercial boiler industry trends over the coming years.
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Key players contributing towards the U.K. commercial boiler market include Clayton Industries, A.O. Smith and Bosch Thermotechnology, among others. These manufacturers are engaged in product innovation, strategic collaborations, and mergers for expanding their business operations to gain profitable growth.
Partial Chapter of the Table of Content
Chapter 3 UK Commercial Boiler Industry Insights
3.1 Industry segmentation
3.2 Industry landscape, 2015 – 2026 (USD Million)
3.3 Industry ecosystem analysis
3.3.1 Vendor Matrix
3.4 Innovation and technology landscape
3.4.1 Bosch Thermotechnology
3.4.2 BDR Thermea Group
3.4.3 Viessmann
3.4.4 Fulton Boiler Works, Inc.
3.4.5 A.O. Smith Corporation
3.5 Regulatory landscape
3.5.1 Europe
3.5.1.1 Ecodesign Directive 2009/125/EC
3.5.1.2 UK
3.5.1.2.1 Non-Domestic Building Services Compliance
3.6 Industry impact forces
Chapter 4 UK Commercial Boiler Market, By Fuel
4.1 UK commercial boiler market share by fuel, 2019 & 2026
4.2 Natural gas
4.2.1 UK market from natural gas, 2015 – 2026
4.3 Oil
4.3.1 UK market from oil, 2015 – 2026
4.4 Coal
4.4.1 UK market from coal, 2015 – 2026
4.5 Others
4.5.1 UK market from others, 2015 – 2026
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