Selbyville, Delaware, Dec. 18, 2019 (GLOBE NEWSWIRE) —
According to latest report “UK Commercial Boiler Market by Fuel (Natural Gas, Oil, Coal), Application (Offices, Healthcare, Institutions, Lodgings, Retail), Capacity (0.3-2.5 MMBtu/hr, 2.5-10 MMBtu/hr, 10-50 MMBtu/hr, 50-100 MMBtu/hr, 100-250 MMBtu/hr), Technology (Condensing, Non-Condensing), Price Trends, Competitive Market Share & Forecast 2026”, by Global Market Insights, Inc., the market valuation of UK commercial boiler will reach $1.4 billion by 2026 when the industry annual installations will surpass 51 thousand units. Strong inclination toward reliable & energy efficient products coupled with growing demand for affordable heating solutions will influence the product deployment over the forecast period.
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Some major findings of the UK commercial boiler market report include:
- The demand for UK commercial boiler is surging due to several benefits including, environmental compliance, energy efficient, and cleaner operations etc.
- Regulations pertaining to the reduction of carbon footprint is anticipated to drive the business growth.
- Major players operating across the UK commercial boiler market are Bosch Thermotechnology, Clayton Industries, and A.O. Smith, etc.
- In UK, the traditional boilers are extensively being replaced by high efficiency commercial boilers due to the introduction of several regulatory norms supporting the adoption of energy efficient heating solutions.
High efficiency, cleaner operations and affordable price structure are some of the eminent factors driving the demand for the natural gas commercial boiler in UK. The growing adoption of such gases as a primary source of energy is boosting the UK commercial boiler market growth significantly. In addition, the significant gas supply network in the country act as a potential growth driver which will further augment the industry outlook over the forecast years.
The stringent government regulation pertaining to the installation of efficient heating systems is projected to significantly drive the growth of condensing commercial boiler market across the UK. Rising demand for sustainable and superior performance solutions among commercial heating systems will further propel the installation of such boiler substantially. Lower maintenance and cleaner operations are some of the other prominent features favoring the deployment over other alternatives.
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The growing replacement rate of traditional boilers with new commercial boilers in healthcare and retail sector will provide new avenue to the commercial boiler market demand across the United Kingdom over the forecast period. In addition, the growing private participation towards the development of various new commercial infrastructure is expected to propel the product demand of the forthcoming years.
Growing dependency of building structures on heating systems for supply of heat at low pressure steam will drive the market share. In educational institutions, these units are installed with a centralized plant to meet the heating demand. Growing investments towards the development of new healthcare facilities will further spur the system demand over the forecast period.
Introduction of smart technologies and better user interface will propel the UK commercial boiler market size during the forecast period. The growing adoption of cost-effective advanced technologies will further enhance the installation of sustainable heating solutions across the country. High cost saving potential of these systems along with the ongoing investment toward zero emission buildings will further boost the product demand across the UK.
Browse key industry insights spread across 110 pages with 40 market data tables & 34 figures & charts from the report, “United Kingdom Commercial Boiler Market Size 2020–2026” in detail along with the table of contents:
Table of Contents (ToC) of the report:
Chapter 3 Commercial Boiler Market Insights in UK
3.1 Industry segmentation
3.2 Industry landscape, 2015 – 2026 (USD Million)
3.3 Industry ecosystem analysis
3.3.1 Vendor Matrix
3.4 Innovation and technology landscape
3.4.1 Bosch Thermotechnology
3.4.2 BDR Thermea Group
3.4.4 Fulton Boiler Works, Inc.
3.4.5 A.O. Smith Corporation
3.5 Regulatory landscape
3.6 Industry impact forces
3.6.1 Growth drivers
3.6.2 Industry pitfalls & challenges
3.7 Growth potential analysis
3.8 Price trend analysis
3.8.1 Price trend analysis, by capacity
3.8.2 Price trend analysis, by technology
3.9 Customer requirement
3.9.1 Customer group requirement
3.10 Technical landscape
3.11 Porter’s Analysis
3.12 Competitive landscape, 2018
3.12.1 Strategy dashboard
3.12.2 Fulton Boiler Works, Inc
3.12.3 A.O. Smith
3.12.4 Ariston Thermo
3.12.6 Babcock & Wilcox Company
3.13 PESTEL Analysis
Browse Complete Table of Contents (ToC) @
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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