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2 WORLD ATW HEAT PUMP MARKET: 2. 1 EUROPE
2017/07/15
JARN estimated that the European ATW heat pump market reached 246,000 units in 2016, growing slightly compared with the previous year.
 
Of this total, France accounted for 141,800 units, Germany 34,000 units, and the United Kingdom 19,500 units. Together, these three countries account for nearly 80% of the entire European ATW heat pump market.
 
Heat pumps currently account for around 5% of heating equipment used in Europe, including hot water heaters for all heat sources, both combustion and electric. ATW heat pumps only make up about half of these heat pumps, accounting for about 2% of heating equipment in Europe. In most European countries, heating equipment are needed to survive severe winters. ATW heat pumps have a large potential market that is not completely affected by economic conditions.
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