Executive Summary
The domestic central heating market was worth an estimated £791m in
1996, and is expected to grow by 5% in 1997, reflecting the recovery of the
housing market. Approximately 1.2 million central heating systems were
installed in the UK in 1996.
The main segments making up this market include: boilers fuelled by gas, oil,
solid fuel and electricity; radiators; space heaters and control equipment.
Manufacturers predict healthy growth in sales of boilers, particularly in the
combination boiler sector, as well as growth in volume sales of radiators.
The upturn in the economy, the return of consumer confidence and the recent
spate of building society windfalls are all serving to provide a positive
impetus to the market.
Installation of central heating in new-build housing should benefit by
indications that housing completions are proceeding at faster rates. The
replacement sector is finding opportunities in fulfilling more stringent
environmental and energy efficiency criteria.
Continued growth in the gas combi boiler sector, with its share by value
predicted to increase from 36.4% of the total boiler market in 1996, to around
40% in 1997, then rising to 42% in 1998. Radiator sales are expected to
increase by 3% in 1997, with an improvement for 1998. The main growth area for
space heating is in the electric
non-storage type.
Tenth Edition 1997
Edited by Zoe Ratcliff
ISBN 1-85765-724-1
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