- Project plans
- Project activities
- Legislation and standards
- Industry context
Last edited 03 Aug 2018
Global heat pump market
BSRIA's study on global heat pumps published in May 2018 indicates that sales of hydronic heat pumps progressed quickly in 2017. Year-on-year, sales of hydronic heat pumps had a sustained growth of 32% to a global value of EU 5.7 billion.
Chinese heat pump suppliers are 'optimistic' about the future performance of the market and expect it to continue to expand. There is also a positive attitude to heat pumps in Europe even though the volume of sales is considerably lower than in China.
Aline Breslauer, Senior Market Intelligence Analyst, BSRIA, said:
“The global market was pushed by a strong performance in China. Since the implementation of the Coal to Gas and Coal to Electricity Policies in the RPC we have seen a sharp move towards more environment-friendly heat generators such as gas boilers and heat pumps.
"Sales claimed by heat pump suppliers amounted to a value estimated at EU 2.5 billion factory-gate price in 2017 equivalent to a volume of three million units in China. The majority is split types but it is worth noting that, while they have generally been used for domestic hot water, increasingly the Chinese used them for space heating too.
"This is largely motivated by health reasons as end-users prefer hydronic to air-based heating. In Beijing city only, 30,000 heat pumps for space heating were sold in 2017. The surge was related to the generous financial incentives allocated by the central and local governments but also because environmental concern has been growing in the country.”
"In Europe, public awareness towards more environmental-friendly heating system has been on the rise too, but the recovery of the new construction industry and rising oil prices are the major factors to which the 2017 can be attributed. The sales across Europe accelerate by 12% in volume terms in 2017, compared to a 6% increase a year earlier.
"The air-water heat pump segments posted another year of significant rise, particularly monobloc and split system types; the sales volume grew 19% and 14% respectively. Under the EU Climate Policy for Carbon Emissions reduction, both unit types enjoyed sustained expansion, notably as a way to provide heating in new residential buildings."
 Find out more
 Related articles on Designing Buildings Wiki
- BSRIA articles on Designing Buildings Wiki.
- Absorption heat pump.
- Air source heat pumps.
- Coefficient of Performance CoP.
- Domestic heat pumps and the electricity supply system.
- Dynamic thermal modelling of closed loop geothermal heat pump systems.
- Exhaust air heat pump.
- Ground source heat pumps.
- Solar-assisted heat pump.
- Types of domestic boiler.
- Types of heating system.
- Water source heat pumps.
Featured articles and news
Building acoustics is the science of controlling noise in buildings. Read our introductory article here.
ICE President Robert Mair delivers inspiring message to engineers at opening ceremony.
A form of procurement where the contractor provides a single point of contact for a supply chain.
A month after the devastating fire, emergency reconstruction works are underway.
The London Build Expo is hosting a Diversity in Construction panel and networking session on October 24.
Analysis can help develop a specification, but must not lead to inappropriate specifications being accepted.
Dos and don'ts for creating a smart home.
New ICE publication recommends pay-as-you-go tax to fund roads and other financing options.
BSRIA launches a White Paper on wearable technology and wellbeing in buildings.