The UK water heater market is expected to grow at a CAGR 5.7% during the forecast period. The market is growing significantly due to well-established industrial sector; UK is growing economically and technologically. Industrial production is coupled with the increasing demand for energy, and product trade. According to government of UK, a total of 125.8 million tons of oil equivalent energy was produced in 2017, which recorded 0.4% higher growth than 2016. Out of 125.8 million oil equivalent of produced energy, 51.0 million oil equivalents was contributed by oil followed by a total of 40.0 million oil equivalent by natural gas, and remaining by primary electricity, bioenergy and waste, and coal.

Some of the major factors attributing to the water heater market in UK includes growing industrial sector, increasing demand for energy production, supportive government regulations. The enforcement of regulations by the government for renewable energy source is augmenting the demand for solar, gas, and hybrid water heaters for the sake of environment concern. In UK, demand for heaters is more as compared to the air conditioners due to cold environmental conditions.

The market is considerably affected due to enforcement of strict regulations by the government. Various harmful gases such as NO2, SO2 and others which is mostly produced by industrial sector are creating harmful environment concerns in the country and across the globe. Therefore, the demand for solar water heaters is propelling in UK. Additionally, industrial sector is one of the major end-users for water heaters due to widespread water heating applications in power plants in the country. Single or multiple water heaters are used in various energy-based industries in order to increase the efficiency of energy generation. The key players of UK water heater include Ariston Thermo UK, Atlantic Boilers, MHG Heating, Stokvis Energy Systems, ACV UK, Andrews Water Heaters and Kingspan Environmental.

Research Methodology

The market study of the UK Water Heater market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report is intended for the electronic industry, ICT (Information and Communication Technology) and other related companies for overall market analysis and competitive analysis. The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. UK   Water Heater Market Research and Analysis by Energy Source

2. UK   Water Heater Market Research and Analysis by Mode of Water Supply 

3. UK   Water Heater Market Research and Analysis by End-User

The Report Covers

• Comprehensive research methodology of the UK Water Heater market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the UK Water Heater market.
• Insights about market determinants which are stimulating the UK Water Heater market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.