Heat Pumps Market Growing Production, Demand and Supply 2021 to 2027
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Global heat pumps market size to record 9 5% CAGR during 2020-2027
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Heating and Ventilation News
The unprecedented impact of coronavirus on spending and travel has had a range of impacts on global heat pump sales during 2020, new research has found
Europe continues to undergo a transition towards electric heat, yet the pace of adoption continues to vary across the EU, according to new research from BSRIA.
The trade group said its latest Global Heat Pumps Market report found that demand had remained stable over the course of 2020, despite the negative economic impacts of the Covid-19 pandemic.
Heat pump sales were found to be particularly resilient during last summer. This trend was linked to homeowners spending less on travel and vacations as a result of restrictions introduced to tackle the pandemic.