Radiator & Boiler Manufacturing in the UK - Industry Market Research Report

Radiator & Boiler Manufacturing in the UK - Industry Market Research Report

Radiator & Boiler Manufacturing in the UK

The Radiator and Boiler Manufacturing industry' revenue is forecast to decline at a compound annual rate of 1.8% over the five years through 2023-24 to £1.6 billion. This includes expected growth of 0.7% in 2023-24. Boiler producers have been insulated from volatility in construction markets by the introduction of government subsidies and schemes encouraging appliance replacement, which bolstered industry sales. Tightening environmental regulations and rising energy prices boosted the appeal of these schemes to consumers, driving up sales. However, import competition is high, with construction companies favouring imported brands.

Companies in this industry manufacture central heating radiators, boilers, control valves, pipework and parts for installation in residential, commercial, industrial and institutional buildings.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.