The European heat pump market 2015
In 2015, the market grew by 10%, (resulting in a record year with 880 179 units sold) contributing to 24 Mt of CO2 emission savings and the creation of 47 103 full time jobs.
This growth is mainly driven by the strong segment of air-sourced heat pumps, a renewable technology that finds increasing attention in European and national statistics, according to the European Heat Pump Association (EHPA).
Geographically, most of the growth can be attributed to increased sales in the Mediterranean countries Spain (+ 15%), Italy (+ 20%) and France (+ 8%).
Looking at the sales potential identified by EHPA: if European markets would reach the same maturity level as the Swedish one, the European heat pump stock could realistically grow to 60 million units, enough to replace today’s imported Russian gas for heating purposes.