World Heat Pumps and Key Components--1. 2015 ATW Market Overview
As a renewable energy technology, heat pumps are attracting a great deal of attention all over the world.
Despite negative economic indicators in major countries and a declining crude oil price, air-to-water (ATW) heat pumps have maintained stable growth worldwide. According to JARN estimates, the global ATW market reached a scale of 1,779,500 units to post year-on-year growth of 2.0%. Enjoying a wide application scale, ATW heat pumps are now increasingly utilized in industrial applications.
The 2015 European ATW heat pump market scale came to 244,000 units, representing year-on-year growth of 5.2%. France, Germany, and the United Kingdom are the three largest ATW heat pump markets in Europe. Space heating is the main use in each of these markets, but products for water heating also showed growth.