Over the past decade, the European market for heat pumps has been growing at a steady pace, with an annual growth rate of 10% from 2011 to 2020, resulting in the expected installation of 1 million heat pumps per year in in the year of 2021, indicating a market growth of 39% from 20201. In the next decade, by 2030, we do not only see a growth, but an actual acceleration of the yearly installation of heat pumps that will go up to 4 million, representing an annual growth rate of 20%. In other words, 1 out of 3 heating systems installed is going to be a heat pump, from 1 out of 10 in 2020. Although this shows a steep growth versus past years, we consider this as a minimum to move to a decarbonised residential heating market in Europe.
The key driver for growth has undoubtedly been the introduction of strengthened legislation governing new builds in many European countries, ranging from general regulations in France such as RT2012, which sets the new minimum standard of thermal insulation of dwellings, to a ban on combustion boilers in the Netherlands.
Alongside this, E-Top has been working on replacement heat pump thermostatsolution. We have released wired digital heat pump thermostat, wireless heat pump thermostat, smart wifi zigbee heat pump thermostat. All are heating andcooling programmable thermostatsuitable for heating in winter and cooling in summer. We also provide ODM services. Any inquiry, welcomed to contact us from [email protected]
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