Ventilation and Air Conditioning Market Report - UK Analysis

Transcription

1 Ventilation and Air Conditioning Market Report - UK Analysis Published: 09/05/2017 / Number of Pages: 81 / Price: Introduction and Overview The 4th edition of the 'Ventilation and Air Conditioning Market Report - UK Analysis' incorporates original input and primary research, the report represents an informed and up-to-date and detailed review of the market and offers excellent value for money. This market is substantial, with an estimated total value of over 1 billion at manufacturers' prices. In recent years, the UK ventilation and air conditioning market has benefited from increasing health, safety and energy efficiency legislation, revised Building Regulations and environmental legislation. This has stimulated product innovation and development. Key issues covered in the report: Ventilation:Non-domestic systems - axial, centrifugal, and other fans, commercial system, demand control ventilation, MVE, MVHR etc. Domestic systems - intermittent and continuous extract fans, continuous mechanical ventilation systems - MVE, MVHR etc. Air Conditioning: Packaged systems - split systems, cassettes, VRF systems, portables, self-contained, close control etc. Central station systems - AHUs, chillers, condensers, cooling towers, terminal units - fan coil units, chilled beams/ceilings, VAV units etc. Accessories: ducting, filters, natural ventilators, grilles, diffusers, registers, dampers, other products including chimneys, flues, valves, cowls etc. Areas of particular interest include: Growing awareness about the importance of Indoor Air Quality (IAQ) with revisions to the building regulations resulting in the greater air tightness of buildings. Impact of increasing legislation - ErP Directive LOT 6, Part F, Part L, ODS Regulation, EPBD Directive, Fire and Smoke, F- Gas, etc. Existence of a number of government initiatives providing long term market motivation - roll-out of smart meters, the CRC Energy Efficiency Scheme, Enhanced Capital Allowance, RHI etc. Impact of Brexit on domestic housebuilding and non-domestic construction sectors. Areas of potential future market

2 opportunity for VAC suppliers. Considerable replacement opportunities in existing buildings. Product innovation and technological developments - variable speed drives, multiple scroll compressors, EC motors, free cooling, DCV, VRF systems, smart controls, continuous mechanical ventilation systems etc. Detailed market data and insight on the ventilation and air conditioning market by AMA Research, a leading UK provider of construction market intelligence. Some of the Companies Included: Airedale International Air Conditioning, Airflow Developments, Colt International, EBM-Papst UK, Elta Fans, EnviroVent, Flakt Woods, Daikin, Eaton-Williams Group, Fujitsu General Air Conditioning UK, GEA Group, Hitachi Air Conditioning Europe, Howden UK, Johnson Controls (Cbre GWS), Kelvion, LG Electronics UK, Lindab, Mansfield Pollard, Mitsubishi, Nuaire, Polypipe, Swegon Air Management, Systemair, Titon, Toshiba Air Conditioning, Trane UK, Trox UK, TEV, Vent-Axia, VES Andover, Volution Group plc, Weatherite Air Conditioning, Xpelair, Zehnder Group UK, Ziehl-Abegg UK. Ventilation Overall market size, trends and forecasts - legislative changes (Part F, Part L, New Housing Standards), environmental concerns (Smart Meters, CRC, RHI). ErP Directive (LOT 6) etc. Market mix (non-domestic, domestic). Non-domestic ventilation - product mix - axial fans, centrifugal fans, other fans/systems. Analysis by product group: Axial fans - bifurcated, tunnel, variable pitch, plate mounted propeller, contra rotating, jet thrust etc. Centrifugal fans, crossflow (tangential), roof extract, desk, box and ceiling, Atex compliant, flue dilution etc. Commercial system ventilation including MVHR, MVE systems. Domestic ventilation - product mix - extract fans, continuous mechanical ventilation systems. Analysis by product group: Intermittent and continuous extract fans - market size, developments, influences, application mix etc. Continuous mechanical ventilation systems - (MVE, MVHR, PIV and MIV), product mix, market size, new build trends etc. Major manufacturers - market shares, factors influencing market position, characteristics, turnover etc. Review of distribution non-domestic ventilation, domestic ventilation - key channels and developments. Future prospects in all product sectors. Forecasts through to Air Conditioning Total market size, trends, key market influences. Forecasts through to Market size, mix and structure by product group - packaged and central station systems. Packaged Air Conditioning (PAC) - product mix (split systems, portables, self-contained, close control). Analysis by product group, development of VRF systems, key influences, trends etc. Central Station Air Conditioning Plant (CSACP) - product mix (AHU's, chillers/condensers, terminal units - fan coil units, chilled beams/ceilings, VAV units). Analysis by product group, trends, influences, innovations etc. Leading manufacturers - market shares, characteristics, turnover etc.

3 Review of distribution by product group - key channels and developments. Accessories Accessories market size, key driving factors, future prospects. Ventilation and air conditioning accessories - product mix (ducting, filters, grilles/diffusers/registers, dampers, natural ventilators - trickle, louvers, acoustic, PSV etc. Other accessories - chimneys, flues valves, cowls etc. Key influences and trends, major suppliers etc. Review of distribution - key channels and developments. Market Prospects Market prospects - ventilation, air conditioning and accessories. Forecasts through to Key future influences - trends in housebuilding and non-domestic construction, RMI activity, fuel prices, energy efficiency legislation, renewable technologies plus climatic factors. Report Summary The UK ventilation and air conditioning market is significant, and has seen steady growth since 2013, with the recovery in the UK economy stimulating construction activity, as well as consumer and business confidence levels. Positive influences on the ventilation and air conditioning market include increasing health, safety and energy efficiency legislation, revised Building Regulations and environmental legislation, which has in turn stimulated product innovation and development. In overall terms, the UK ventilation and air conditioning market exhibits the characteristics of an increasingly mature market. Although the market situation in early 2017 is more subdued, the current forecast for the UK ventilation and air conditioning market remains moderately positive, with more steady growth from 2019 onwards. Following the UK Brexit vote in mid-2016, the outlook for this market, like many others will depend on the path taken to exit the EU and the type of trade and legislative deals formulated. By 2021 it is estimated that the UK ventilation and air conditioning market will have increased by 10-11% when compared to the estimated market size in The majority of domestic ventilation products are distributed via merchants, DIY multiples and electrical wholesalers. Other channels include the internet, specialist heating and ventilation retailers, hardware stores, department stores, grocery multiples and catalogues. Non-domestic ventilation products are commonly distributed direct to the contractor or end-user but are also sold via the trade distributors. Packaged air conditioning systems tend to be sold either direct to contractors or via specialist trade distributors. However, portable products are also available from non-specialist retail outlets, the internet and the DIY Multiples. Central station air conditioning systems are generally distributed direct to contractors. The future performance of the UK ventilation and air conditioning market is likely to be influenced by overall trends in housebuilding and non-domestic construction, RMI activity, fuel prices, energy efficiency legislation, renewable technologies, levels of personal disposable income, plus climatic factors and air temperatures. Regulations influencing the market include; the EU Ecodesign Regulation for ventilation units; the European Ozone Depleting Substances (ODS) Regulation; the EU's Energy Performance of Buildings Directive (EPBD); Phase 2 of the CRC Energy Efficiency; and EU Fire Legislation. Enhanced levels of market penetration are also likely to arise from product innovation and technological developments, for example variable speed drives, multiple scroll compressors, EC motors, filter sensors and heat recovery systems. In recent years, there has been good growth in VRF or VRV air conditioning systems, reflecting the fact that they offer more efficient operation and can therefore save operational costs. List of Report Contents

4 Contents Listing 1. INTRODUCTION BACKGROUND SOURCES OF INFORMATION 7 2. SUMMARY AND FUTURE PROSPECTS OVERALL MARKET KEY TRENDS MARKET PROSPECTS CONSTRUCTION AND ECONOMIC INFLUENCES GDP INFLATION & INTEREST RATES UNEMPLOYMENT HOUSEHOLD CONSUMPTION STERLING POPULATION PROFILE HOUSING & CONSTRUCTION Non-domestic Construction House Building Starts and Completions Mix of Housebuilding Completions House Moving Levels House Prices CONCLUSIONS VENTILATION MARKET DEFINITION MARKET OVERVIEW Market Size by Value

5 4.2.2 Market Background Market Prospects Legislative Changes Environmental Initiatives Renewable Energy Technologies The Internet of Things ErP and Ecodesign Directive (LOT 6) PRODUCT TRENDS Product Mix (Commercial & Residential Ventilation) Commercial & Industrial Ventilation (Axial, Centrifugal, Other, MVE, MVHR) Residential Ventilation (Extract Fans, PIV, MIV, MEV, MVHR) COMPANIES AND SHARES Shares Key Companies Other Suppliers DISTRIBUTION Non-Domestic Ventilation Residential Ventilation AIR CONDITIONING DEFINITION MARKET OVERVIEW Market Size by Value Market Background Market Prospects PRODUCT TRENDS Product Mix 57

6 5.3.2 Packaged Air Conditioning Systems (PAC) Central Station Air Conditioning Plant (CSACP) SUPPLIERS Market Shares - Packaged Air Conditioning (PAC) Market Shares - Central Station Air Conditioning Plant (CSACP) Key Companies Other Suppliers DISTRIBUTION Packaged Air Conditioning (PAC) Central Station Air Conditioning Plant (CSACP) VENTILATION AND AIR CONDITIONING ACCESSORIES MARKET OVERVIEW Definition Market Size Market Background Market Prospects PRODUCT TRENDS Product Mix Ducting and Fabricated Parts Filters Natural Ventilators Grilles, Diffusers and Registers Fire, Smoke and Air Control Dampers Other Products (Chimneys, Flues, Valves, Cowls) DISTRIBUTION 81

7 Tables and Charts CHART 1: UK VENTILATION AND AIR CONDITIONING MARKET BY VALUE ( M MSP) TABLE 2: GDP DATA KEY CONSTITUENT ELEMENTS 13 CHART 3: INTEREST RATES AND INFLATION (CPI) FROM CHART 4: PDI & SAVINGS RATIO AT CURRENT PRICES TABLE 5: EXCHANGE RATE FLUCTUATIONS STERLING TO THE DOLLAR, AND THE EURO, SPOT RATES 16 CHART 6: NON-RESIDENTIAL CONSTRUCTION OUTPUT NEW WORK AND RMI BY VALUE ( BILLION AT CURRENT PRICES) GB 17 CHART 7: NON-RESIDENTIAL CONSTRUCTION OUTPUT ANALYSIS BY SECTOR 2015 AND Q1-Q % BY VALUE GB 18 CHART 8: INDUSTRIAL CONSTRUCTION NEW WORK OUTPUT BY VALUE ( BILLION AT CURRENT PRICES) 2012 TO TABLE 9: HOUSE BUILDING STARTS AND COMPLETIONS (UK) 2012 TO BY VOLUME ('000 DWELLINGS) 20 CHART 10: HOUSEBUILDING COMPLETIONS IN ENGLAND - % MIX BY TYPE OF DWELLING (FLATS VERSUS HOUSES) TABLE 11: UK RESIDENTIAL PROPERTY TRANSACTIONS VALUED AT 40K OR ABOVE TABLE 12: UK VENTILATION MARKET ( M MSP) CHART 13: OVERALL MARKET MIX BY PRODUCT TYPE (COMMERCIAL, RESIDENTIAL) BY VALUE CHART 14: NON-DOMESTIC MARKET MIX BY PRODUCT TYPE (AXIAL FANS, CENTRIFUGAL FANS, OTHER) BY VALUE CHART 15: RESIDENTIAL MARKET MIX BY PRODUCT TYPE (EXTRACT FANS, MECHANICAL VENTILATION SYSTEMS) BY VALUE CHART 16: RESIDENTIAL EXTRACT FANS MARKET MIX BY TYPE OF INSTALLATION (RMI, NEW HOUSING) BY VOLUME CHART 17: RESIDENTIAL MECHANICAL VENTILATION SYSTEM MIX BY PRODUCT TYPE (MEV, MVHR, PIV, MIV) BY VOLUME CHART 18: RESIDENTIAL MECHANICAL VENTILATION SYSTEM MARKET MIX BY TYPE OF INSTALLATION (RMI, NEW HOUSING) - BY VOLUME TABLE 19: VENTILATION SUPPLIERS % MARKET SHARE - BY VALUE CHART 20: NON-DOMESTIC MARKET DISTRIBUTION BY CHANNEL (DIRECT, DISTRIBUTOR) BY VALUE TABLE 21: RESIDENTIAL MARKET DISTRIBUTION BY CHANNEL (MERCHANTS, DIY MULTIPLES, ELECTRICAL WHOLESALERS,

8 OTHER) BY VALUE TABLE 22: UK AIR CONDITIONING MARKET ( M MSP) CHART 23: UK AIR CONDITIONING MARKET MIX (PAC, CENTRAL STATION) BY VALUE CHART 24: AIR CONDITIONING MARKET MIX BY VALUE 1994, 2016, TABLE 25: UK PACKAGED AIR CONDITIONING MARKET ( M MSP) CHART 26: PAC MARKET MIX (SPLIT SYSTEMS, PORTABLES, SELF-CONTAINED, CLOSE CONTROL) BY VALUE TABLE 27: UK CENTRAL STATION AIR CONDITIONING MARKET ( M MSP) CHART 28: CENTRAL STATION MARKET MIX (CHILLERS, AIR HANDLING UNITS, TERMINAL UNITS) BY VALUE TABLE 29: PAC SYSTEM SUPPLIERS % MARKET SHARES BY VALUE TABLE 30: CENTRAL STATION SYSTEM SUPPLIERS % MARKET SHARES BY VALUE CHART 31: PAC MARKET DISTRIBUTION BY CHANNEL (DIRECT, DISTRIBUTOR, OTHER) BY VALUE TABLE 32: UK VENTILATION AND AIR CONDITIONING ACCESSORIES MARKET ( M MSP) CHART 33: UK VENTILATION AND AIR CONDITIONING ACCESSORIES MARKET ( M MSP) TABLE 34: VAC ACCESSORIES MARKET MIX BY PRODUCT TYPE BY VALUE The 'Ventilation and Air Conditioning Market Report - UK Analysis' costs 845+VAT (if applicable) for a PDF version. Other formats are available - click here for a information about available report formats. All AMA reports are sold with a single user licence as standard. For more information about AMA licences click here. About AMA Research Established in 1989, AMA Research is widely recognised as the leading specialist provider of market research to the UK building and construction industries. AMA s research and analysis goes beyond the more commonly available range of statistical and company information to provide expert, informed commentary and in-depth market analysis, making the reports a valuable and relevant resource for understanding the UK s construction and associated markets. We offer the following: Consultancy and bespoke research projects Published research reports high quality, detailed research reviews covering a wide range of environmental, building and construction products.

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