Morocco ReportMorocco ReportMorocco Report
  • Automotive
  • Business
  • Entertainment
  • Health
  • Lifestyle
  • Luxury
  • News
  • More
    • Sports
    • Technology
    • Travel
Reading: Policy support and green efforts drive 11 percent increase in global heat pump sales in 2022
Share
Font ResizerAa
Font ResizerAa
Morocco ReportMorocco Report
Search
  • Automotive
  • Business
  • Entertainment
  • Health
  • Lifestyle
  • Luxury
  • News
  • More
    • Sports
    • Technology
    • Travel
© 2022 Morocco Report | All Rights Reserved
Home » Policy support and green efforts drive 11 percent increase in global heat pump sales in 2022
Business

Policy support and green efforts drive 11 percent increase in global heat pump sales in 2022

Published: April 2, 2023
Share
SHARE

Global sales of heat pumps grew by 11% in 2022, according to the latest International Energy Agency (IEA) analysis, marking a second year of double-digit growth for the central technology in the world’s transition to secure and sustainable heating. Increased policy support and incentives for heat pumps in light of high natural gas prices and efforts to reduce greenhouse gas emissions were key drivers behind the strong uptake.

Policy support and green efforts drive 11 percent increase in global heat pump sales in 2022In Europe, heat pumps enjoyed a record year, with sales growing by nearly 40%. In particular, sales of air-to-water models, which are compatible with typical radiators and underfloor heating systems, jumped by almost 50% in Europe. In the United States, heat pump purchases exceeded those of gas furnaces.

Globally, heat pumps, when used as a main heating device, cover around 10% of heating needs in buildings today. This corresponds to over 100 million households, meaning that one in ten homes that require substantial heating are served by heat pumps today. However, many more households use heat pumps only part of the winter or as a supplementary source of heating in regions where they are mainly used for cooling buildings.

To align with all existing national energy and climate pledges worldwide, heat pumps will have to meet nearly 20% of global heating needs in buildings by 2030. The world is almost on track to reach this milestone if new installations continue to grow at a similar rate globally as they did the last two years. However, sales need to expand by well over 15% per year this decade if the world is to achieve net zero emissions by 2050. Installations of heat pumps remain concentrated in new buildings and existing single-family homes.

You Might Also Like

UAE to participate in Gujarat investor summit as Partner Country
Inflation cools rapidly, paving the way for economic confidence in 2024
Global clean energy investment set to reach $1.7 trillion, overtaking oil production
Nvidia beats Q1 expectations with $44.1 billion revenue
German economy expected to stagnate through winter, Bundesbank says
Share This Article
Facebook TwitterEmail Print
Previous Article CGTN: China, Singapore upgrade relations for higher-quality cooperation
Next Article Hazzaa Al Mansoori becomes first Arab increment lead for an ISS expedition

Latest News

Algeria wildfires leave 12 dead and 54 injured in north
Algeria wildfires leave 12 dead and 54 injured in north
Gulf nations deport nearly 22,000 Pakistanis in four months
Magnitude 6.1 quake shakes Indonesia near South Nias
Magnitude 6.1 quake shakes Indonesia near South Nias
DRC Ebola outbreak hits record with 2,325 deaths
DRC Ebola outbreak hits record with 2,325 deaths
Magnitude 5.4 quake hits Gilgit-Baltistan near Sost
Magnitude 5.4 quake hits Gilgit-Baltistan near Sost
Total eclipse tracks across Russia, Iceland and Spain
© 2026 Morocco Report | All Rights Reserved
  • Home
  • Contact Us
Welcome Back!

Sign in to your account