UK Commercial Boiler Market Size By Fuel (Natural Gas, Oil, Coal, Others), By Application (Offices, Healthcare, Institutions, Lodgings, Retail, Others), By Capacity (0.3-2.5 MMBtu/hr, 2.5-10 MMBtu/hr, 10-50 MMBtu/hr, 50-100 MMBtu/hr, 100-250 MMBtu/hr), By Technology (Condensing, Non-Condensing) Industry Analysis Report, Application Potential, Price Trend, Competitive Market Share & Forecast, 2020 – 2026

Published Date: Dec 2019  |  Report ID: GMI4475  |  Authors: Ankit Gupta, Nikhil Paranjape

Report Format: PDF   |   Pages: 110   |   Base Year: 2019




Summary Table of Contents Industry Coverage Methodology

Industry Trends

UK Commercial Boiler Market size was valued at over USD 900 million in 2019 and annual sales is anticipated to exceed 51 thousand units by 2026.
 

UK Commercial Boiler Market

Get more details on this report - Request Free Sample PDF
 

A commercial boiler is a pressurized system comprising of closed metallic vessels that are used to provide steam and hot water for numerous applications. This system transfers heat to water which is then circulated through radiators for space heating purpose. It finds wide applications across offices, healthcare, institutions, lodgings, and retail. There are two type of commercial boiler available in the market including, condensing and non-condensing boilers. The market price of condensing technology is on a greater side as they offer higher efficiencies as compared to their traditional counterparts. The typical lifespan of a such boiler lies in between 20 – 25 years, depending upon their maintenance and application. The study features a detailed industry analysis of trends across the country and is segmented across offices, healthcare, institutions, lodgings, and retail applications. Moreover, the market forecasts & estimates are in line with data represented by authorities including the IEA, EEA, BEIS, UNEP, government regulatory bodies and, company press releases.
 

UK Commercial Boiler Market Report Coverage
Report Coverage Details
Base Year: 2019 Market Size in 2019: 966 Million (USD)
Historical Data for: 2015 to 2019 Forecast Period: 2020 to 2026
Forecast Period 2020 to 2026 CAGR: 5.9% 2026 Value Projection: 51.3 Thousand (Units)
Pages: 110 Tables, Charts & Figures: 74
Segments covered: Fuel, Application, Capacity, Technology
Companies covered (18): Babcock and Wilcox Enterprises, Inc., Viessmann, Fulton Boiler Works, Inc., Clayton Industries, Bosch Thermotechnology, Cochran, A.O. Smith, BDR Thermea Group, Ferroli S.p.A, Vaillant Group, Wolf GmbH, Hoval, Fondital S.p.A, ACV, FONDERIE SIME, Ariston Thermo SPA, Grundfos, Immergas S.p.A
Growth Drivers:
  • Positive outlook toward healthcare sector & service industry
  • Growing demand for energy efficient boilers
Pitfalls & Challenges:
  • High initial investment
  • Rising popularity of available alternatives

Request 15% Free Customization on this Report
 

Positive outlook toward healthcare sector & service industry escalating commercial boiler demand

UK Commercial Boiler Market By Application)

Get more details on this report - Request Free Sample PDF
 

Increasing government and private spending across healthcare industry is anticipated to drive the market demand for boiler across the UK. These systems are also deployed primarily for space heating, autoclaves, equipment sterilization and water heating purposes across hospitals and other healthcare facilities. As per the UK Office for National Statistics, the country’s spending on regional healthcare industry has expanded by over 14% from 2013 to 2017. In the same time span, per capita expenditure on healthcare has witnessed growth of over 11%. Authorities and respective companies are continuously investing toward modernization of existing hospitals and improve their service portfolio. This will significantly accelerate the market demand for such boilers over the forecast period. Moreover, the growing usage of hot water for humidification, heating, and sterilization purposes will further act as primal factors favoring their deployment across the UK market.
 

Condensing commercial boiler contributing to industry bottom line through energy efficiency

GHG emissions from building structures have expanded significantly with the surge in the population over the last decade. This in turn has made the policymakers to work aggressively toward the formulation of various new codes & mandates pertaining to building energy efficiency. As a result, builders and architects are also now proactively focusing toward the development of sustainable commercial structures equipped with several energy efficient solutions. Furthermore, the introduction of building codes, government have also announced various labels and incentive programs to promote the adoption of energy efficient products including condensing commercial boiler across establishments. In accordance with the recent industry trends the market size of energy efficient heating systems will witness significant growth in the coming years.
 

In response to the strengthening of emission norms across the UK commercial boiler industry, market players have introduced new systems with significant improvements in design and control. Many commercial buildings usually install multiple boilers to improve reliability. Modern condensing boilers feature sequence control systems along with remote control features which offer significant energy saving potential. This will extensively raise the penetration of energy efficient water heating technologies, relatively driving the market growth of condensing commercial boiler. Stringent government measures to curb the harmful effects of soaring GHG emissions from the commercial spaces will provide new growth opportunities for the manufacturers of condensing commercial boiler. Further, the need for efficient space and water heating has also resulted in replacement of existing units thereby driving the UK commercial boiler market trends.
 

Expanding gas network enhancing the regional natural gas boiler market growth

UK Commercial Boiler Market By Fuel

Get more details on this report - Request Free Sample PDF
 

The market size of UK commercial boiler is expected to expand at a significant rate as a result of growing demand of cleaner and efficient heating solutions. Rising adoption of natural gas as a primary energy source in the country is propelling the demand for natural gas operated systems creating new growth opportunities for the market. According to the Office of Gas and Electricity Markets (Ofgem) the number of licensed gas shippers in the country reached 158 in 2018 with the addition of 12 shippers as compared to previous year. It further stated that, the market demand of natural gas reached 403 million cubic meters during the winter of 2018/19. The competitive prices of gas, lesser space requirement, and minimum maintenance cost are the key parameters that will propel the market demand for gas fired heating units. Improved safety along with low emission content will further drive the UK market over the forecast timeframe. Additionally, the biomass fired boilers are also gaining market share owing to the growing demand of renewable heating systems in the country, which will further drive the industry growth.
 

Low capacity commercial boiler gaining traction in regional market

In terms of capacity, the market of UK commercial boiler is segmented under 0.3 to 2.5 MMBtu/hr, 2.5 to 10 MMBtu/hr, 10 to 50 MMBtu/hr, 50 to 100 MMBtu/hr and 100 to 250 MMBtu/hr. Among all, the 0.3-2.5 MMBtu/hr commercial boiler is predominantly installed across retail stores, offices and healthcare establishments for heating application. The 10 to 50 MMBtu/hr & 50 to 100 MMBtu/hr are estimated to hold a leading market share in the country. These boilers are majorly deployed in office buildings, hotels, hospitals, restaurants, and other commercial spaces to supply steam and hot water for space heating. The growing commercial infrastructure across the country is estimated to fuel the growth of UK commercial boiler market. However, the market demand of high capacity commercial boiler is also expected to register uptick growth in the upcoming years.
 

Product Innovation and cost control becoming a key strategy for the leading market players

The regional manufacturers are focusing on developing new products with higher efficiency and improved technology. The market leaders are continuously investing in R&D activities to develop new technologies in the UK commercial boiler industry. The players are also introducing new and improved products with higher efficiency and advanced technologies in order distinguish themselves among the highly competitive environment in the market. Furthermore, the local market players are focusing on improving their regional presence by expanding their sales network. Key market players operating across the industry comprise of Babcock and Wilcox Enterprises, Inc., Viessmann, Fulton Boiler Works, Inc., Bosch Thermotechnology, Clayton Industries, and A. O. Smith amongst others.
 

UK commercial boiler market research report includes in-depth coverage of the industry with estimates & forecast in terms of “Units”, “MMBtu/hr” and “USD” from 2015 to 2026, for the following segments:

By Fuel

  • Natural Gas
  • Oil
  • Coal
  • Others

By Application

  • Offices
  • Healthcare
  • Institutions
  • Lodgings
  • Retail
  • Others

By Capacity

  • .3-2.5 MMBtu/hr
  • 2.5-10 MMBtu/hr
  • 10-50 MMBtu/hr
  • 50-100 MMBtu/hr
  • 100-250 MMBtu/hr

By Technology

  • Condensing
  • Non-Condensing

 

Frequently Asked Questions (FAQ) :

The UK industry for commercial boiler is projected to register over 5.9% CAGR from 2020 to 2026, according to a new report published by Global Market Insights, Inc.
Escalating demand of hot water for space heating, sterilization of sheets and medical instruments, along with growing demand for energy efficient boiler are the major factors fueling the industry.
Babcock and Wilcox Enterprises, Inc., Viessmann, Fulton Boiler Works, Inc., Bosch Thermotechnology, Clayton Industries, and A. O. Smith are the major players operating in the UK industry.

Buy Now

Single User: $3,450 Access to only 1 person; cannot be shared; cannot be printed
Multi User: $5,450 Access for 2 to 5 users only within same department of one company
Enterprise User: $7,450 Access to a company wide audience; includes subsidiary companies or other companies within a group of companies

Need a Discount? Get in touch with us for special pricing

Request Discount

Connect with our sales team

Why Global Market Insights, Inc.?

Reliability & accuracy

  • GMI is unparalleled when to comes to the quality of research and information provided to clients. Our unique methodology is designed to ensure a minimum of 90% accuracy to give our clients excellent value on their investment.

Quality & trust


  • BBB Rating - Click to Verify

Customer service

  • Over 200 experts are available across various time-zones, ready to serve clients for their research needs. Our industry experts help clients to design reports customized to their needs.

Security & compliance

GMIPulse Subscription

An interactive business analytics platform; designed to assist clients in accessing and analyzing market data on real-time basis.

Start Your Free Trial
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies. More info X