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 per cent in volume terms in 2017 compared to a six per cent 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 per cent and 14 per cent 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.
The top three fastest growing monobloc markets were Spain, Czech Republic and UK and Spain, the Netherlands and Poland for split units.
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