World ATW Heat Pump Market: 3.2 EUROPE

The European heat pump market continues to grow at a steady pace. The market grew for the sixth consecutive year and the projections for 2019 are similarly positive. During 2018, the market in Europe reached another record with more than 1.3 million heat pumps sold. Every fifth heat generator that was installed in Europe last year was a heat pump. The 10 biggest markets account for 90% of the sales. Energy policies in terms of strict building codes and incentive schemes addressing the renovation sector are the main drivers for market growth.