Market Research Report - 102225
Belgium Heating Update - Full Report 2009
|Published by||BRG Building Solutions|
|Published||Content info||402 Pages|
This publication has been discontinued on January 30, 2013.
These reports give an in depth insight into the development of the European heating market. In 2009, the coverage of product sectors has been extended not only to cover core heating technologies (boilers & burners, radiators & water heaters), but also selected new heating technologies (heat pumps, solar thermal and /solid fuel/biomass heating). Each report includes:
The heating markets of the studied countries have globally experienced growth over the past decade due to sustained construction activity in most countries and high replacement levels in some of the more developed economies.
In the traditional heating technology sectors, most markets have however experienced some years of slight decrease after the turn of the millennium, due to global economic slowdown. Up until 2006, most markets were enjoying dynamic sales, some of them reaching historically levels. The key factors in the growth of the European heating products market up to 2008 have been:
The past decade has also seen the increasing significance of energy efficient heating technologies, which have had a strong impact on the overall replacement sales. The emergence of condensing boilers and some types of low temperature heating systems underline this trend.
In recent years, New/Renewable Technologies (heat pumps, solar thermal and solid fuel/biomass boilers) have offered a wider range of environmentally friendly heating solutions to the end user and stimulated innovations and product development from manufacturers.
In 2008, the markets continued to face new challenges with the impact of the global financial crisis, including lower construction output and declining consumer confidence. The outcome of the crisis will determine the future evolution of the markets.