AMA Research are pleased to announce the publication of the seventh edition of the report 'Underfloor Heating Market Report - UK 2014-2018 Analysis'. The report incorporates original input and primary research, and represents an up-to-date and perceptive review of the market and its development.
This unique report answers the need for both a quantitative and qualitative analysis of the underfloor heating market focusing on market size and trends, product mix, supply, distribution and future prospects, the report is comprehensive, informative and will facilitate operational and strategic decision-making processes.
With technological advances and increasing availability and popularity, the underfloor heating market continues to be one of the fastest growing markets in the heating industry. In particular, environmental concerns and tighter energy efficiency requirements are seeing a greater influence on demand. In addition, future growth will be supported by the increasing number of applications using renewable energy sources, which are particularly compatible with these types of heating systems.
AHT Advanced Heating Technologies, Allbrite UK, Anders Heating Company (AHS), Begetube UK, C&F Techniks, CM Skye Grantees Ltd, Continental Underfloor Heating, Creda Heating, Danfoss Randall, Devi Electric Heating Systems, Dimplex, Domoteck, Ebeco, Eco Hometec, Elektra UK, Emmeti UK, Evenheat UK, Flexel International, Floor Heating Systems, FloRad, Flowcrete, Gaia Climate Solutions, Giacommi Sales UK, Heat Mat, Heatstore, Hilton Croft, Invisible Heating Systems UK, IPPEC, John Guest Speedfit, Jupiter UK, Kerocs, Kestrin, Levante, LK Systems, Matthewson Underfloor Heating Solutions, Nu-Heat, Pedarson Heating Group, Philex, Pipe 2000, Polypipe, Raychem, Rayotec, Rehau, Rettig UK, Robbens Systems, Thermo-Floor, Thermogroup UK, Timeguard, Tyco Thermal Controls, Underfloor Heating Systems, Uponor Ltd , Vent Axia, Warmfloors Online, Warmup, Watts Industries UK, Wavin UK.
The UK underfloor heating market accounts for around 6% of the total UK heating market, with an estimated value of around £97 million at manufacturers selling prices (MSP) in 2013. This market is broadly classified into two product types; water - based UFH systems and electric UFH systems. Despite the difficult economic climate over the last 5 years, the underfloor heating market has remained remarkably resilient. Growing concerns about energy efficiency and the environment combined with increasing awareness of the benefits of UFH has supported demand to some extent.
Underfloor heating has been popular in mainland Europe for many years and demand for this technology is steadily growing in the UK. Recent technological advances have led to the increasing adoption of UFH in the mainstream market as systems become easier to install, properties better insulated and the benefits of UFH more widely known. In particular, growing environmental and energy efficiency concerns are seeing greater influence in specification of UFH products, as the UK moves towards a low carbon economy. Higher levels of insulation, driven by regulatory requirements and initiatives, are contributing to a reduction in the overall heating load, making UFH a more practical and efficient heating solution.
Growth in the trend towards self build and custom build in the domestic sector is also supporting demand for UFH. This is where householders are very much involved in the specification of their new home and are willing to invest more in initial costs in order to appreciate longer term benefits. The market penetration of renewables is showing steady growth, supported by government grants and initiatives. Renewable solutions such as heat pumps are particularly compatible with UFH and can achieve significant carbon savings, helping to meet renewable energy targets.
Industry sources have indicated that the retrofit UFH sector has grown in 2013 and this growth can be linked in some way to the increasing number of heat pump installations, particularly in properties off the gas grid. In addition, the increasing availability of UFH 'packs' is making DIY installation easier and raising the profile of UFH systems. The wider use of hard flooring allows greater energy savings with UFH as systems are more efficient with hard flooring. However, there is development of systems suitable for use under most floor types with lower screed levels to minimise impact on floor height.
Distribution remains dominated by direct supply with manufacturers and other specialists often offering a 'supply and fit' service. However, there is a shift towards indirect distribution, particularly in the domestic sector, with merchants, DIY multiples, and other retailers becoming more involved in the distribution of UFH systems. Imports continue to account for a significant proportion of UFH products sold in the UK, exposing the market to a high level of price competition. This will affect value growth in the medium to long term.
The outlook for the UK underfloor heating market in 2014 is relatively positive. The housing market is showing signs of recovery and consumer confidence levels are improving. However the non-domestic sector continues to be constrained by the significant reduction in public spending budgets, although the private sector is showing more positive signs.
Penetration levels of UFH remain relatively low, providing excellent opportunities for future market growth in the short to medium term, with wider adoption by the new build sector likely. Tightening legislation is likely to encourage housebuilders to use UFH as a means of meeting the more stringent energy efficiency targets. By 2018 the market value is forecast to be around £120m at MSP, which would represent an increase of around 25% compared to the market size in 2013.