World ATW Heat Pump Market – 2023 Update –1 OVERVIEW

Application of air-to-water (ATW) heat pumps is expected to expand not only in Europe, but worldwide as it is technology that contributes to the creation of a carbon-neutral society. ATW technology benefits for achieving energy transition and climate targets have been fully acknowledged by policymakers and institutions worldwide.

According to JARN database, the global ATW market in 2022 increased by 21.9% year on year, reaching 4.95 million units.