What characterized the European heat pump market in 2024?

Conclusion In conclusion, the European heat pump market in 2024 is characterized by innovation, sustainability, and growth.

How much power does a photovoltaic system have in Europe?

Consolidated photovoltaic installations across Europe now reaches about 165 GW, about half of these PV systems are installed in only two countries: Germany and Italy, where the first has an almost triple power compared to our country considering 59.9 GW compared to ours 22 GW.

Does EHPA publish a report on the heat pump market?

EHPA publishes an in-depth look at the heat pump market in 21 European countries every year in its market report – see the contents page on the right.

How many jobs are there in the European heat pump sector?

Today, the European heat pump sector provides around 170,000 direct jobs and there is huge potential for growth. The heat pumps installed in Europe have avoided the emission of 58.4 Mt of CO2 over the past 20 years, 7.3 Mt last year.

Who makes a heat pump?

Manufacturers such as Vaillant Group, NIBE Group, Stiebel Eltron, Viessmann Group, Thermia Heat Pumps, Alpha Innotec, ELCO and Zealux Heat Pump are driving advancements in HVAC technology, offering energy-efficient and environmentally friendly heating and cooling solutions to meet the evolving needs of customers across Europe.

Will a delayed heat pump action plan help Europe's Energy Independence?

Despite last year’s lower sales, heat pumps are gaining market share on fossil fuel boilers, and this helps Europe’s energy independence and net zero industrial leadership – but this needs to speed up. The delayed Heat Pump Action Plan is a crucial tool for stabilising the sector and tapping the benefits it offers.