UK Residential Central Heating and Heat Pumps Market Report 2023
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Stay ahead of the curve and secure future growth for your business with Mintel’s UK Residential Central Heating and Heat Pumps Market Report 2023. Our full report is packed with consumer-led market intelligence, the latest trends and consumer behaviours affecting your industry. Get a 360° view of the central heating industry and the heat pump industry including market sizes, share and forecasted growth.
Below, we’ve handpicked the key insights analysed in the full report and summarised the core topics.
The Heat and Buildings Strategy will transform residential central heating in the UK, though we are still at the very early stages of the transition away from fossil fuels. The policy heavily relies on the adoption of heat pumps and the UK is lagging well behind other European countries in installations.
Inevitably, looking to encourage consumers to opt for a higher capital cost alternative (even after government subsidies) at a time of consumer spending pressure is a challenge for the industry. However, energy prices have risen, which increases the impetus for energy efficient solutions in both the short and medium term in the eyes of many consumers.
To learn more about the UK Residential Central Heating market, including analysis of market drivers and industry structure, purchase Mintel’s full market report.
This report provides company profiles of key players in the industry, including Baxi Heating UK, Ideal Heating, Vaillant Group, Viessmann, and Worcester Bosch.
This report, written by Terry Leggett, a leading B2B analyst, delivers in-depth commentary and analysis to highlight current trends in the industry and add expert context to the numbers.
The net zero objective, supported by the Heat and Buildings Strategy, will undoubtedly transform residential central heating in the UK. However, these are the very early stages of the transformation away from fossil fuel reliant systems, and the early adoption of heat pumps has been substantially below government targets for a host of reasons. Moreover, the development of cost-effective hydrogen capacity is yet to be established and is only in early stages of testing.
Mintel provides a range of market information, frequently through the category level, including market size and forecasting, complete with market drivers that illustrate the forces that shape a category or market.
Mintel’s proprietary consumer research provides our analysts with the attitudinal and behavioral data used to provide valuable insight to topical issues.
Mintel provides overviews of the top brands and manufacturers, and uses consumer research to explore attitudes and reactions to brands, as well as insight into what will resonate with consumers.
Market reports provide appendices of data to support the research and insight produced. Our databooks* are easily manipulated and downloadable to support your research needs and covers factors from consumer attitudes to market forecasts.
*databooks not available with UK B2B Industry reports.
Please Note: This is a sample report. All of the figures, graphs, and tables have been redacted. Our reports are available to download in PDF and PPT formats.