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European heat pump market in 2016
According to the 2017 European Heat Pump Association (EHPA) report, the sales of heat pumps grew by 12% in Europe in 2016 for the fourth consecutive year, with 999 682 units sold. Assuming a life expectancy of approx. 20 years, this brings the European heat pump stock to almost 9.5 million units. It is worth noting that 88% of the European market volume was sold in only ten countries. The five countries who lead the market in volume are:
    France (with 220,000 units sold)
    Italy (181,000 units)
    Sweden (101,000 units)
    Spain (89,000 units)
    Germany (80,000 units)
The heat pump sales by product type and country are detailed in the table below.
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