The European heat pump sector witnessed a challenging market environment in 2010. It was characterized by a multitude of factors, some of which were positive and others negatively influencing heat pump sales. Overall, the market showed a slightly negative trend. The reasons for this range from the global economic and financial crisis to the relative low price of oil and gas price during much of this period. However, a look towards the future of the heat pump market is encouraging. The legislative framework put in place to underpin the drive for energy efficiency throughout the continent and achievement of the 2020 target is beginning to bear fruit. The overall market will remain challenging but an improved economic outlook, increasing awareness of the remarkable and often still untapped potential of heat pump technology, will fuel future recovery and market growth.

EHPA_Outlook_2011_exec-summary.pdf

(6.12 MB)

European Heat Pump Statistics – Outlook 2011: executive summary

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