Heat Pump Sales Declined in Most Market in 2023 – Which were the Reason Behind and How to Reverse the Trend?

According to IEA’s Clean Energy Market Monitor published on 1st of March, global heat pump capacity additions in 2023 fell by around 3% compared to 2022. The only market where sales increased was China (+12%) while the market decreased by 15% in United states, by 5% in EU and by 10% in Japan.