Market overview

Structural undersupply of new homes

Increased urbanisation, stringent planning regulations, slow construction rates and increases in single person households, have all contributed to widespread housing shortages. As Governments react with initiatives to boost housing supply, we will see increases in demand for our products.

Regulation drives adoption of energy efficient, higher unit value solutions

The drive to reduce carbon emissions in buildings is increasing the adoption of heat recovery systems and other energy efficient ventilation solutions. These systems are higher in value than traditional methods of ventilation, increasing the average revenue from each application.

Energy efficiency improvements driven by fuel costs and customer choice

Fuel cost increases drive energy efficiency improvements to existing homes. In addition, actions such as turning down thermostats to save energy increases condensation and mould risk and thus the need for improved ventilation.

Indoor Air Quality awareness and mould prevention clear link to health

Since Covid, there is far greater awareness of the impact that poor air quality has on health. This, along will acute focus on reducing mould in housing will continue to drive demand for ventilation solutions.

Demand for premium solutions and upsell to premium ventilation solutions (silence, aesthetics and controls)

Public housing focus on automation and strong differentiation in private refurbishment through quieter, more discrete designs is leading to increasing sales of our value added ventilation solutions. Heat recovery also represents an increasing premium demand.