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Investments in residential heat pumps worldwide in 2020, by region (in billion U.S. dollars)

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Sources

Release date

January 2021

Region

Worldwide

Survey time period

2020

Special properties

investment calculated as sales multiplied by the average cost for equipment and installation for a typical single-family home.

Citation formats

Global investment in residential heat pumps 2020, by region

Published by ÌÇÐÄÆƽâ°æ Research Department, Feb 22, 2021
In 2020, the total annual investment in residential heat pumps was ** billion U.S. dollars. The Americas was the biggest market for heat pumps that year, with its popularity of both heating and cooling well received in the United States and Canada.
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