Heat pumps are fast becoming a popular choice for home and business owners alike as a means of energy-efficient heating and cooling.

This is because the price of gas has skyrocketed in recent years, making electric-powered heat pumps a much more viable option.

Gas prices are expected to continue to rise in the coming years, so it’s no surprise that heat pump sales have been on the rise as well.

The recent war in the Ukraine has also compounded the problem since Russia supplies the bulk of gas imports to the EU. Many European countries are now trying to wean themselves off gas reliance and supply from Russia.

In the US, gas prices have also been on the rise in recent years. The average price of natural gas was 9.89 per thousand cubic feet in 2014, in 2022 that price is now 12.92 per thousand cubic feet. This trend is expected to continue as demand for natural gas increases and supplies become more constrained (statista.com).

As a result of these trends, heat pump installations are expected to grow significantly in the coming years.

Key Stats

  • The global market for heat pumps is anticipated to reach USD 53 billion by the end of 2020, growing at a CAGR of over 6% between 2021 and 2028.
  • By 2028, the Asia Pacific heat pump market is expected to reach almost $30 billion.
  • at pumps were installed in around 180 million dwellings in 2020, with worldwide consumption growing at an annual rate of 9% over the previous five years.
  • To be in line with the Net Zero Emissions by 2050 Scenario, the number of installed heat pumps must increase from 180 million units today to 600 million in 2030.
  • the greatest proportion of heat pumps in Europe is in Norway (60% of homes), Sweden (43% of homes), Finland (41% of homes), and Estonia (34 percent of households).
  • The United States has extended the 26 percent federal tax credit for new residential ground source heat pumps until the end of 2022.
  • According to a recent study, almost 14 percent of the UK’s carbon emissions are generated in our homes through cooking, heating, and hot water.
  • Every year, 1.7 million gas boilers are being installed in the UK, 45 times more than heat pumps, embedding fossil fuel dependency.
  • A heat pump costs between £9,000 and £11,000 to install for an air source heat pump and up to £19,000 for a ground source heat pump. The amount you may save will be determined by the system and fuel type you are replacing.

The following are some updated statistics on heat pumps:

Heat Pump Statistics

  1. In 2020, the global heat pump market is expected to grow by more than 6% in terms of volume and value. The total number of heat pump units sold will reach nearly 14.8 million throughout 21 countries in 2020. This is a gain of 6% or 1.6 million heat pumps over 2019, which is the first time Germany has topped the European table. The three markets combined figure in 48% of all transactions. The top 10, which includes Spain, Sweden, Finland, Norway, Denmark, Poland, and the Netherlands, account for 87 percent of yearly sales. (ehpa.org).
  1. For a variety of reasons, the use of heat pumps in the sector is currently limited. One of the major causes is that there are few manufacturers of heat pump equipment capable of producing devices that can deliver higher temperatures needed by the industry. There are several heat-generating technologies accessible to manufacturers. Heat up to 90°C is available from a variety of sources. Only a few pioneering manufacturers have achieved sink temperatures in the range of 120°C – 165°C, well beyond the capabilities of most other manufacturers. (sciencedirect.com).
  1. The global market for heat pumps is anticipated to reach USD 53 billion by the end of 2020, growing at a CAGR of over 6% between 2021 and 2028. The market expansion will be boosted by rising concerns about hazardous greenhouse gas (GHG )emissions as a result of increasing sustainable and clean energy demand.
  1. The overall market share is bolstered by several important elements that include low operational cost, high security, and reduced maintenance. These factors have resulted in an increase in product demand particularly among commercial and residential organizations, opening up lucrative market opportunities for worldwide and domestic industry players. (gminsights.com).
  1. By 2028, the Asia Pacific heat pump market is expected to reach almost $30 billion. Construction activities in commercial and residential buildings are propelling the prediction.
By 2028 the Asia Pacific heat pump market is expected to reach almost $30 billion

The market expansion of these goods will be aided by the construction of new commercial areas, including offices, educational institutions, hospitality, and others.

In addition, the introduction of energy efficiency programs combined with increased research & development for technology improvement to reduce environmental concerns is propelling the market growth.

  1. Heat pump technology has been rapidly deployed across the region as a result of significant economic change brought on by industrialization and commercialization. (gminsights.com).
  1. Heat pumps were installed in around 180 million dwellings in 2020, with worldwide consumption growing at an annual rate of 9% over the previous five years. Although some are reversible units that only partially cover rooms and water heating requirements, growth is apparent across all major heating categories – North America, Europe, and Northern Asia. Despite the fact that heat pumps have become the most popular technology in many countries, they only meet 7% of worldwide building heating demand. (iea.org).
  1. The installed heat pump stock reaches 600 million in the Net Zero Emissions by 2050 Scenario by 2030. To decrease upfront purchase and installation expenses, remove market barriers for renovations, improve energy performance, and phase out refrigerants with high global warming potential, further policy support and invention will be required. (iea.org).
  1. Heat pumps are most often utilized in new construction. In many countries, heat pumps have the highest market share of all heating technologies in newly constructed homes. For example, single-family dwellings in the United States have a heat pump share of 40% or higher, and new multi-family structures have a heat pump share of around 50%.
  1. With an estimated 1.8 million households purchasing a heat pump in 2020, the EU market will continue to grow rapidly (12% annual average growth since 2015, and 7.5% growth relative to 2019), replacing Spain as one of the top three markets. Germany surpassed Spain as one of the major markets in 2020, with 38 000 new sales.
  1. It is a major force in the European Union, accounting for nearly half of all sales due to its head start and notable market presence. Sweden, Estonia, Finland, and Norway have the highest market penetration rates; with more than 25 heat pumps sold per 1,000 households each year.
  1. Heat pump water heaters (for sanitary hot water) have seen a tremendous increase in sales since 2010, primarily due to purchases in China. Japan is the second biggest market for heat pump water heaters, but volumes decreased by 10% from 570 000 units in 2010 to 400 000 units in 2015 before rising again to around 500 000 units in 2020.

In some countries, air conditioners that can provide heating and cooling from the same unit are quite popular, but this implies that heat pumps are not always used as a building’s primary heating source.

  1. For example, reversible air-to-air heat pumps (such as mini-splits) are common in urban northern China for summer cooling, but more than 80% of the population there uses district heating during the winter. Reversible heat pumps are commonly used for both heating and cooling in Japan, Korea, Europe, the United States, and Australia (iea.org).
  1. The typical seasonal performance factor of heat pumps, which indicates how well a heat pump performs over the course of a year, has steadily improved since 2010 and now stands at around 4 for most space heating applications. In many circumstances, a typical maximum temperature of 4.5 to 7 is observed, especially in regions with mild climates such as the Mediterranean area and central and southern China. In extremely cold areas like part of Canada, low outside temperatures may reduce the energy performance of existing technologies by 3 on average throughout the winter season. (iea.org).
  1. Efficiency has improved in recent years, owing to the transition from non-inverter to inverter technologies. Inverter technology today eliminates much of the energy waste that comes with non-inverter units’ stops and starts while also reducing the compressor temperature rise. (iea.org).
  1. Subsidies under China’s Air Pollution Prevention and Control Action Plan are assisting in the lowering of installation and equipment expenses. In 2020, the Chinese Ministry of Environmental Protection introduced financial incentives ranging from $1,100 to $4,350 (CNY 7 400 to 29 000) for households buying air-source heat pumps in Beijing, Tianjin, Shanxi, Hebei, and Shandong. Japan has a similar plan in place. (iea.org).
  1. In Beijing, the government will pay 30% of the development costs. To help achieve China’s ground-source heat pump installation goal of 700 million m2, the country has proposed additional subsidies (CNY 35/m2 to CNY 70/m2) for other cities including Jilin, Chongqing, and Nanjing (iea.org).
  1. To be in line with the Net Zero Emissions by 2050 Scenario, the number of installed heat pumps must increase from 180 million units today to 600 million in 2030. Policies must therefore address obstacles to adoption, such as high upfront purchase costs, operational expenses, and the building stock’s tendency toward inefficiency. In many locations, the installed costs for heat pumps compared to potential energy savings (e.g., when switching from a gas boiler to an electric heat pump) are frequently such that heat pumps may be only marginally less expensive over 10 to 12 years, even with their higher energy efficiency (iea.org).
  1. Subsidies have been successful in offsetting the upfront investment of heat pumps and triggering market forces that propel their adoption in new construction. Ireland, which wants to install 600,000 heat pumps by 2030, and the United Kingdom, which has a target of 600,000 new housing units every year until 2028, will be reliant on subsidies and fiscal incentives to promote use. Meanwhile, in British Columbia (Canada), no-interest loans are being offered to people who wish to replace fossil fuel heating systems with heat pumps. (iea.org).
  1. The CCC, in contrast, recommends that 900,000 heat pumps should be installed by 2028 (theccc.org.uk).
The CCC in contrast recommends that 900,000 heat pumps should be installed by 2028
  1. In addition, policies must take into account unfavorable fuel costs. In most countries, high electricity prices and upfront expenses remain major obstacles, in part due to fossil fuel subsidies and electricity taxes. Electricity costs across the world are about twice as expensive as natural gas rates and can be up to three times higher in some areas. (iea.org).

Number of air source heat pump installs in Australia 2012-2021

  1. The number of hot water heat pump installations in Australia has steadily risen since 2020, reaching 31,094 in 2020. In the country, there was a steady increase in the number of annual air source heat pump installations from 2015 through to 2020.
  1. Air-source heat pumps operate in the same way as refrigerators in reverse, extracting heat from the environment. Residential air-source heat pumps can save more than 2 tons of carbon each year, reducing CO2 emissions by up to 70% and generating up to 20% less CO2e than gas boilers. (avieco.com).
  1. According to the IEA’s statistics, just 177 million heat pumps will be in use by 2020. China (33%), North America (23%), and Europe (12%) are the largest markets for these devices. (iea.org).
  1. The coldest climates have the greatest use of heat pumps. The four nations with the greatest proportion of heat pumps in Europe are Norway (60% of homes), Sweden (43% of homes), Finland (41% of homes), and Estonia (34 percent of households). These four countries also face the coldest winters in Europe (iea.org).
The coldest climates have the greatest use of heat pumps
  1. The future of home heating is refrigerant-free heat pumps, also known as electric boilers. They function by concentrating heat energy from the air or ground and transferring it into your home. This process makes them capable of operating in temperatures as low as -15 degrees Celsius. (Greenpeace.org.uk).
  1. According to research commissioned by Greenpeace, installing the 900,000 heat pumps required to meet our climate goals would create 138,600 new jobs and generate a £10 billion boost to the economy by 2030. (Greenpeace.org.uk).
Installing the 900000 heat pumps required to meet our climate goals would create 138600 new jobs

Heat Pump Statistics US

  1. In 2020, the overall annual investment in residential heat pumps was 51 billion dollars in the United States. The Americas was the most lucrative market for heat pumps that year, with its popularity of both heating and cooling being well received in the United States and Canada. (Statista).

Air-to-air Heat Pumps

  1. Air-to-air heat pumps have been increasingly popular in recent years and now account for the majority of global heat pump sales for new construction. Annual shipments in the United States, for example, rose from 2.3 million units in 2015 to 3.4 million in 2020, with no change in growth rate from previous years. (iea.org).
  1. Ground-source heat pumps are less popular all around the world, with yearly sales of about 400,000. The United States is home to more than half of the installations, where shipments and installations have nearly doubled since 2010, in part owing to a 30 percent federal tax credit accessible from 2008 to 2016 and again from 2018 through 2021. (iea.org).
Ground-source heat pumps are less popular all around the world with yearly sales of about 400000
  1. Regulations, standards, and labeling, as well as technology development, have incentivized worldwide improvement. Following two increases in minimum energy performance standards, the average seasonal performance factor of heat pumps sold in the United States rose by 13% in 2006 and 8% in 2015.
  1. Raising standards and labels to keep up with technological development in the key heating sectors may assist drive sales toward existing higher-end goods. By 2030, in the Net Zero Emissions by 2050 Scenario, heat pump energy performance factors range from 4.5 to 5.5. (iea.org).
  1. In 2020, electric heat pumps would still only account for 7% of global heating demands in buildings, yet they may easily fulfill more than 90% of worldwide space and water heating while emitting less CO2 – even taking the electricity’s upstream carbon intensity into account – than condensing gas boiler technology (which has an efficiency of 92-95 percent). (iea.org).
  1. Because of continuing improvements in heat pump energy efficiency and cleaner power generation, this potential coverage is a significant improvement over the 2010 level of 50%. By 2025, 100% of the heat pump stock will have lower emissions than natural gas-fired condensing boilers due to rapid reductions in electricity supply emissions in the NZE. (iea.org).
  1. The United States has extended the 26 percent federal tax credit for new residential ground source heat pumps until the end of 2022 (iea.org).
  1. The California Energy Commission has given final approval to a new building energy code that encourages the use of heat pumps for space and water heating in new buildings (or as an alternative to meet more stringent building energy efficiency standards) while also promoting solar PV installations and battery storage usage. This new building code will designate heat pumps as the baseline heating technology, which will go into force in 2023.
  1. This goal follows the progress of many US states and cities that are attempting to make the heat more electric, or simply ban fossil fuels (as in Seattle, France, and the Netherlands (iea.org).

Best selling heat pumps in the US

  • Goodman
  • Ruud
  • Carrier
  • Trane
  • Rheem
  • Bryant
  • Amana
  • American Standard
  • York
  • Lennox
  • Comfortmaker
  • Coleman
  • Mitsubishi
  • Day & Night

Heat Pump Statistics Europe

  1. Heat pumps and energy-efficient goods would be exempt from VAT, and low-cost loans for installation as having been implemented in Germany, possibly through the National Infrastructure Bank, and other tax advantages as in Italy (greenpeace.org.uk).
  1. The European heat pump market is expected to reach over $11 billion in 2019 and grow at a compound annual growth rate (CAGR) of approximately 8% through 2026. The demand for carbon-neutral heating systems has risen in the region as a result of ongoing government efforts to cut CO2 emissions, combined with growing environmental concerns. (gminsights.com).
  1. According to the report by ASHP, the worldwide heat pump market is anticipated to grow by more than 8% through 2026. The product’s low running cost, increased longevity, decreased upkeep requirements, and simplicity of installation are just a few of the key advantages that will appeal to customers over the forecast period. The ability to provide space heating in tandem with water heating would significantly boost the demand for air source heat pumps in Europe. In addition, the development of specifically designed pumps for severe climatic situations will contribute to the market’s long-term success. (gminsights.com).

Country Units sold per 1000 households

CountryUnits sold per 1000 households
Norway42.0
Finland39.0
Estonia29.0
Denmark28.0
Sweden24.0
Lithuania15.0
France14.0
Switzerland12.0
Italy9.0
Austria8.5
Spain7.0
Portugal6.5
Netherlands6.3
Czech Republic5.2
Ireland4.3
Poland3.9
Belgium3.7
Germany3.5
Slovakia2.2
UK1.3
Hungary1.3
Source – greenpeace.org.uk

Country Installations per 1000 households

CountryInstallations per 1000 households
Norway604.00
Sweden427.00
Finland408.00
Estonia343.00
Denmark192.00
Switzerland121.00
France107.00
Austria92.00
Italy91.00
Lithuania54.00
Spain52.00
Portugal52.00
Czech Republic32.00
Germany31.00
Netherlands28.00
Belgium24.00
Ireland23.00
Poland17.00
Slovakia12.00
UK9.89
Hungary2.77
Source – greenpeace.org.uk

  1. Ground-source heat pumps are popular in Germany and Sweden, the two major European markets. Sweden has 650,000 ground-source heat pump installations by 2020, while Germany has 410,000. In fact, globally, Sweden has the highest installation rate per capita. (IEA.org).
  1. Relative to Germany, only 17 million heat pumps have been installed across Europe, whereas gas boilers number 20 million.“We need a gas reduction strategy, and one that really has an effect,” said German Vice-Chancellor Robert Habeck on 20 March. “That means we should stop installing new gas heating systems in houses,” he added (EHPA.org).

Number of heat pumps in operation in Belgium 2013-2020

  1. From 2013 to 2019, the number of heat pumps in operation in Belgium has increased by around 410,100 units. Aerothermal heat pumps were considerably more prevalent than ground source heat pumps during that whole period. Only a few thousand of the 439,100 heat pumps currently in use are ground source heat pumps.

Number of heat pumps in operation in France 2013-2020

  1. In France, the number of heat pumps in operation has been growing steadily over time. The number of heat pumps increased from 4 million to 8.7 million during the period 2013 through 2020. During that time, aerodynamic heat pumps have been far more prevalent than ground source heat pumps. In operation, the EU’s overall number of heat pumps rose over time.

Number of heat pumps in operation in Germany 2013-2020, by type

  1. The amount of heat pumps in operation in Germany has risen over time, both aerothermal and ground source heat pumps. While there were about 562,000 heat pumps in Germany in 2013, that figure is expected to rise to 1.3 million by 2020. Aerothermal heat pumps were used in far greater numbers during the whole period than ground source heat pumps..

Number of heat pumps in operation in Hungary 2014-2020

  1. Hungary’s heat pump market continued to grow in 2020, with the number of units operating increasing by almost 6,200 over the previous year. In 2020, there were 18,620 operating aerothermal heat pumps in Hungary, as well as 3,090 ground source heat pumps. The number of heat pumps in the EU also increased steadily throughout this time span.

Number of heat pumps in operation in the Netherlands 2013-2020

  1. Between 2013 and 2019, the number of heat pumps in use in the Netherlands increased by almost 778,400 devices, demonstrating a consistent growth trend. Ground-source heat pumps were far more popular during the entire period than aerothermal heat pumps.

Number of heat pumps in operation in Italy 2013-2020

  1. The number of heat pumps in use in Italy has increased over the past five years, growing by 1.1 million from 2013 to 2020; overall, heat pumps have risen by roughly 2.7 million units during this period. In the final year of the forecast, Italy had 18 million heat pumps in operation, with 17.9 million being aerothermal.

Number of heat pumps in operation in Finland 2013-2019

  1. During the same period, the number of heat pumps in operation in Finland increased at a steady rate. In the years 2013 through 2019, total heat pumps rose by roughly 418 thousand units. Aerothermal heat pumps were far more prevalent than ground source heat pumps in all years.
  2. In 2019, Finland had about 965 thousand heat pumps in operation, with 128 thousand ground source heat pumps. In the same year, 28 European Union member countries had around 40 million heat pumps in use.

Number of heat pumps in operation in Sweden 2013-2020

  1. Over the years, the number of heat pumps in operation in Sweden has grown continuously, both ground source and aerothermal heat pumps. In all years except one, aerothermal heating systems have outnumbered ground source heat pumps by a wide margin.
  1. In 2019, there were about 1.9 million heat pumps in use in Sweden, of which 1.3 million were aerothermal heat pumps. In the same year, EU member nations had roughly 40 million heat pumps in operation.

Number of heat pumps in operation in Spain 2013-2019

  1. The number of heat pumps in operation in Spain has been growing progressively over time. Between 2013 and 2019, the number of total heat pumps increased by 3.9 million units. Aerothermal heat pumps were significantly more prevalent than ground source heat pumps in all years.
  2. In 2019, Spain had around 4.2 million heat pumps in use, of which 11,000 were ground source heat pumps. The 28 European Union member nations had about 40 million heat pumps in operation in the same year.

Number of heat pumps in operation in Lithuania 2013-2020

  1. The number of heat pumps in use in Lithuania has gradually increased over the years, climbing by roughly 65,200 units from 2013 to 2020. Lithuania had more ground source heat pumps than aerothermal ones until 2017, but since 2019 the latter have outnumbered the former. In 2020, Lithuania had 68,200 heat pumps operating; about 63,500 were aerothermal.

Number of heat pumps in operation in Luxembourg 2013-2019

  1. During the five-year period, the proportion of heat pumps that are in operation in Luxembourg has been increasing. Between 2013 and 2019, approximately 1.8 thousand additional heat pumps were installed. Aerothermal heat pumps were by far the most popular type throughout all years.
  1. In 2019, there were 2.7 thousand heat pumps in use in Luxembourg, of which 831 were ground source heat pumps. The 28 European Union member countries had around 40 million heat pumps in operation at the end of the year.

Number of heat pumps in operation in Slovakia 2013-2019

  1. Between 2013 and 2019, the number of heat pumps in operation in Slovakia increased at a rapid rate. Total heat pumps increased by around 91 thousand units during that time. Aerothermal heat pumps were by far the most prevalent type throughout all years.
  1. In 2018, Slovakia enjoyed an exceptional development, with statistics increasing by more than 100%. In 2019, Slovakia has 98.6 thousand heat pumps in operation, with about four thousand ground source heat pumps. Between 28 EU member countries in the same year, around 40 million heat pumps were operational.

EUROPEAN HEAT PUMP MARKET

  1. In 2020, heat pump sales in Europe increased by +7.4%. A new sales record was set with 1.62 million units sold throughout Europe, despite a 7% increase over the previous year.
YearSalesStock
2005446 0371.15 million
2006509 7941.66 million
2007589 1182.24 million
2008804 4573.05 million
2009734 2823.77 million
2010800 3884.57 million
2011808 5915.37 million
2012750 4366.11 million
2013769 8796.87 million
2014792 6217.64 million
2015892 8098.52 million
2016999 6829.49 million
20171.12 million10.58 million
20181.27 million11.81 million
20191.51 million13.29 million
20201.62 million14.86 million
Source – rehva.eu – Development of heat pump sales and stock, EU-21

  1. The current European heat pump stock is estimated to be 14.86 million units, assuming a 20-year life expectancy. With a total of more than 244 million residential structures in Europe, the heat pump market share in the building stock is around 6% (ehpa.org).
  1. Today’s heat pump can cover a wider temperature range than previous models. They continue to work at -25 degrees Celsius, and they are increasingly successful in delivering hot water at 65 degrees Celsius in an efficient manner.
  1. In addition, heat pumps may be used in nearly all types of buildings because they are more efficient than conventional HVAC systems. Even during remodeling, heat pumps can be utilized since they are more energy-efficient (ehpa.org)
  1. In Europe, the number of heat pumps in use has grown steadily over time, both aerothermal and ground source heat pumps. The number of operational heat pumps in the EU rose from 25 million in 2013 to 41.9 million by 2020. Aerothermal heat pumps have always been far more popular than ground source heat pumps throughout the whole period. (Statista).
  1. The number of heat pump purchases in Europe has been rising over the last several years, increasing from one million units sold in 2016 to 1.62 million units by 2020. In 2020, there were roughly 18 million running heat pumps in Italy. Hungary, on the other hand, boasted only 21,712 heat pump installations in operation that year (Statista).
  1. In many European countries, a large number of homes rely on fossil fuel sources for their heating. In 2020, natural gas and heating oil accounted for around 75% of household heating sources in Germany. As a result, because of this, residential CO2 emissions are the greatest in some countries owing to the fact that they depend on it as their primary source.
In many European countries a large number of homes rely on fossil fuel sources for their heating
  1. It’s not uncommon for most European families to spend a significant amount of money on heating. In fact, around 12% of the EU’s greenhouse gas emissions in 2019 came from the residential sector. There is a lot of potential for reducing the environmental impact of European buildings by switching to energy-efficient electric heat pumps. (Statista).
  1. Sales in Europe are lower, but they are rising quickly as 185 000 heat pump water heaters were sold in 2020, up from around 30 000 in 2010. (iea.org).
  1. Minimum performance requirements may also include energy efficiency definitions. The European Union, for example, included a seasonal coefficient of performance (SCOP) in its 2009 Ecodesign legislation. In primary energy terms, it measures energy efficiency and, since 2017, only air-to-water pumps and ground-source heat pumps that meet a minimum efficiency standard of 115‑125% (comparable to a SCOP of 2.875 to 3.125) have been allowed to be sold. For air-to-air heat pumps, the EU minimum is a SCOP of 3.8. (iea.org).

  1. The current European heat pump stock is estimated to be 14.86 million units, assuming a 20-year life expectancy. With a total of more than 244 million residential structures in Europe, the heat pump market share in the building stock is around 6% (ehpa.org).

Heat pump market development from 2007 to 2020 in 21 European Countries

 Heat pump market development from 2007 to 2020 in 21 European Countries
Source – ehpa.org

2008 – 804k

2009 – 734k

2010 – 800k

2011 – 809k

2012 – 750k

2013 – 770k

2014 – 793k

2015 – 893k

2016 – 1000k

2017 – 1.1m

2018 – 1.3m

2019 – 1.5m

2020 – 1.6m

Units sold by country in 2020, 21 European Countries

Units sold by country in 2020, 21 European Countries
Source – ehpa.org

France 394k

Italy 233k

Germany 140k

Spain 112k

Finland 102k

Norway 92k

Poland 61k

Denmark 60k

Netherlands 44k

Switzerland 36k

United Kingdon 32k

Austria 32k

Portugal 27k

Czech Republic 23k

Lithuania 22k

Belgium 22k

Estonia 17k

Ireland 8430

Slovakia 3984

Hungary 335

Best selling heat pump brands in Europe

Hoval AG

CTA AG

Swisstherm 

Buderus

Ochsner Wärmepumpen

AerThermie Eureka

Müba Energietechnik AG 

Zehnder Group ComfoBox

Vaillant GmbH 

Swisstherm AG AWX

Regli Energy Systems

Number of aerothermal heat pumps sold in leading selected European Union (EU) member states in 2020*

  1. In 2020, approximately 4.2 million heat pumps were sold in the European Union member countries. Italy had by far the most heat pumps sold, with millions of them being sold each year. Around 990,000 and 400,000 vehicles were sold in France and Spain during the same year.
Number of aerothermal heat pumps sold in leading selected European Union (EU) member states in 2020
Source – Statista.com

European Union – 4,233,507

Italy – 1,574,000

France – 987,626

Spain – 400,373

Netherlands – 230,309

Portugal – 222,837

Germany – 121,770

Sweden – 103,667

Belgium – 98,487

Finland – 93,649

Malta – 70,236

Denmark – 62,571

Poland – 54,125

Slovakia – 42,274

Czeck Republic – 30,182

Heat Pump Statistics UK

  1. According to a recent study, almost 14 percent of the UK’s carbon emissions are generated in our homes through cooking, heating, and hot water. The UK cannot reduce dangerous carbon emissions below zero unless housing is curtailed, and heat pumps are an efficient approach to do it. (greenpeace.org.uk).
Almost 14 percent of the UKs carbon emissions are generated in our homes through cooking heating and hot water
  1. Homes contribute fourteen percent of total UK carbon emissions, with dirty gas boilers accounting for the majority.(greenpeace.org.uk).
  1. Buildings are responsible for around 17% of UK greenhouse gas emissions, accounting for 14% of all emissions from homes alone. Aviation, freight, and heavy industry are among the most difficult sectors to manage because they produce significant quantities of pollutants. (greenpeace.org.uk).
  1. Every year, 1.7 million gas boilers are being installed in the UK, 45 times more than heat pumps, embedding fossil fuel dependency. (greenpeace.org.uk).
  1. At 1.3 heat pumps sold per 1,000 homes last year, there is far too little progress. Even if the government’s proposed goal of 600,000 heat pump sales per year in 2028 was achieved, it would fall short of what other European countries and Estonia are already doing. (greenpeace.org.uk).
  1. The UK has the lowest number of installations in its building stock, which has been growing over many years and is standardized to the country’s total number of households, putting it next to last and 60 times lower than Norway, which leads in Europe. At roughly a tenth of what Italy and France have achieved and less than three times what Germany has accomplished, the UK is lagging behind other highly developed nations. (greenpeace.org.uk).
  1. £12 billion in new public investment is required in the Spending Review, with £4.76 billion for heat pumps and £7 billion in energy efficiency over the next three years as a result of the need for grant funding. This government investment should be compatible with and foster private sector investment from better-off households, lower the cost curve for heat pump installations, and be equitable to poorer households.(greenpeace.org.uk).

Related: Are There Government Grants for Air Source Heat Pumps?

  1. A heat pump costs between £9,000 and £11,000 to install for an air source heat pump and up to £19,000 for a ground source heat pump. The amount you may save will be determined by the system and fuel type you are replacing.
  1. The amount of money you save will be determined by a number of other variables, such as how effectively you utilize the controls and existing fuel costs. Because heat pumps are powered by electricity, you will still have to pay energy bills, but you will save money on the fuel you’re replacing.
  1. If the fuel you’re replacing is pricey, you’ll have a greater chance of saving money. You may be eligible to receive payments under the UK Government’s Renewable Heat Incentive (RHI) once you’ve installed a heat pump. (energysavingtrust.org.uk).
  1. Only a little more than a quarter of all homes in the United Kingdom have heat pumps. In 2019, 27,000 heat pumps were installed — compared to 100,000 additional homes connected to the gas network and 1.7 million replacement boilers. This indicates that heat pumps account for less than 2% of the market in the UK.(energysavingtrust.org.uk).
  1. By 2025, heat pumps will be a compelling alternative to boilers if energy providers can decrease heating costs by at least 25-50 percent and get heat pump technology to parity with boilers by 2030. The Government is offering £5,000 grants through the Boiler Upgrade Scheme, which will provide momentum in the short term. (pwc.co.uk).
The UK Government is offering £5000 grants through the Boiler Upgrade Scheme
  1. With a growing number of old properties being converted to modern construction, the new build housing sector, which currently has 160,000 installations each year, will most likely be where we see the greatest amount of heat pumps (both Air Source (ASHP) and Ground Source (GSHP)) installed. In the short term, builders will seek to secure answers before the anticipated ban on gas boilers under the Future Homes Standard, which is expected in 2025. (pwc.co.uk).
  1. If the government’s 2028 goal is to be met, the household retrofit sector will have to account for more than half of the 600,000 yearly installations. ASHPs are expected to serve as a direct substitute for the current gas boiler market because retrofits will be best served by them. There were approximately 1.7 million gas boilers put in place last year, and with over 20 million residential structures currently still using a gas boiler, there’s no doubt about the size of the addressable market. (pwc.co.uk).
  1. In 2019, there will be only 30-35,000 heat pumps sold in the United Kingdom. As part of the government’s strategy to decarbonize heat and cut building emissions by focusing on 600,000 heat pump installations per year by 2028, this is set to change dramatically over the next several years.
  1. It is critical to phase out natural gas boiler installations by 2035 in order to reduce CO2 from home heating; putting it off until 2040 would result in roughly a fourth of today’s home heat emissions in 2050. (Auroraer.com).
  1. To reach 600,000 heat pumps per year by 2028, policy action will be necessary to lower costs and inform and protect consumers. (Auroraer.com).
  1. In the 2020s, system costs will rise at a rate of more than 5% each year. By 2050, these higher rates of deployment will have resulted in an additional £40 billion in overall costs. (Auroraer.com).
  1. By 2050, electricity demand for heating could potentially quadruple to over 100TWh each year, almost a third of the current total annual electricity demand in Great Britain. (Auroraer.com).
  1. The grants of £5,000 will make heat pumps more attractive for a majority of houses that are going to replace their heating systems in the next few years, and the £60 million Heat Pump Ready innovation initiative will help reduce the costs of low-carbon systems in the future. (Auroraer.com).
  1. It’s critical to keep to the 2035 goal of phasing out gas boiler installations: a delay until 2040 would result in 15MtCO2 emissions from heating in 2050, which is roughly equivalent to running a 2GW coal-fired plant for 24 hours a day throughout the year.(Auroraer.com).
  1. By 2050, widespread electric heating installation might double the electricity demand for heating to about 100TWh, which is around a third of today’s total energy use. Even in the context of an economy rapidly electrifying to combat climate change, heating may account for more than a quarter of future growth in demand by 2050. (Auroraer.com).
  1. The number of heat pumps in operation in the United Kingdom has increased steadily over time, both aerothermal and ground source heat pumps. Between 2013 and 2019, the number of heat pumps grew by about 137 thousand (Statista).
  1. According to consulting firm EY, there are only around 1,200 properly trained heat pump installers in the United Kingdom today, but almost 10,000 will be needed by 2025. This increase in demand is being driven by the implementation of the Future Homes Standard, which takes effect the same year and bans new build construction gas boilers (EY.com).
  1. According to new research, there has been a 28% increase in heat pump installations this year, with demand for the technology “skyrocketing.” Rated People’s findings follow on from its Home Improvement Trends Report this year, which found that 57 percent of homeowners want to be more eco-friendly when it comes to their energy consumption. When compared to direct electric heating, heat pumps are a renewable heating technology that has low operating expenses. (Rated People).
  1. The UK government’s goal is to encourage the installation of 600,000 heat pumps each year by 2028 in order to drastically reduce household use of greenhouse gases and achieve net-zero emissions by 2050. (Gov.uk).
  1. In all years, aerothermal heat pumps have outnumbered ground source heat pumps by a wide margin. The UK has approximately 239 thousand heat pumps in operation at the moment, with around 202 thousand of them being aerothermal heat pumps (Statista).
  1. The government’s current strategy of converting gas boilers to heat pumps only provides enough money for 0.3% of the country’s houses. (greenpeace.org.uk).

The annual amount of heat pumps in operation in the United Kingdom (UK) from 2013 to 2019

(Number of heat pumps in operation)

Aerothermal Heat Pumps

Ground source heat pumps

Total Heat Pumps

2013 

91,491

20,560

102,051

2014

97,781

24,875

122,656

2015

114,794

27,263

142,057

2016

130,852

29,183

160,035

2017

150,112

31,541

181,653

2018

173,727

33,851

207,578

2019

201,946

36,877

238,823

Energy from heat pumps was used for the generation of heat in the United Kingdom (UK) from 2010 to 2020

(in 1,000 metric tons of oil equivalent)

2010 – 31

2011 – 808

2012 – 839

2013 – 871

2014 – 904

2015 – 933

2016 – 964

2017 – 998

2018 – 1034

2019 – 1081

2020 – 1,125

Best selling heat pump brands in the UK

Calorex

LG Air to Water Heat Pumps

Mitsubishi Air to Water Heat Pumps

Dimplex Heat Pumps

CTC Heat Pumps

Nibe Heat Pumps

Valiant Heat Pumps

Daikin Heat Pumps

Samsung Heat Pumps

Danfoss Heat Pumps

Kensa Heat Pumps

Panasonic Heat Pumps

Norwegian heat pumps

About the Author

Passionate about helping households transition to sustainable energy with helpful information and resources.

{"email":"Email address invalid","url":"Website address invalid","required":"Required field missing"}