Revolution in U.S. Heating Market — Heat Pumps to Be a Game Changer Like EVs

The United States is one of the world’s largest heating markets. Currently, the U.S. heating market is benefitting from a tailwind for heat pumps, thanks to environmental policies implemented by the Biden administration, subsidies from state governments and electric power companies, and soaring gas prices. Across the globe, green recovery from the pandemic is becoming a trend toward carbon neutrality in 2050. Just as the shift from gasoline-powered vehicles to electric vehicles (EVs) is progressing in the automotive industry, it is hoped that a shift from fossil fuel heating to heat pump heating will make gradual but sure progress in the United States as well.