In 2023, China accounted for almost **** of the global heat pump manufacturing segment and the global trade. With significantly lower production costs, Chinese manufacturers can out price most of their overseas competitors.
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IEA. (February 6, 2025). China's share in the global heat pump manufacturing and trade segment in 2023, by segment [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 30, 2026, from /statistics/1614583/china-share-of-the-global-heat-pump-supply-chain-by-segment/
IEA. "China's share in the global heat pump manufacturing and trade segment in 2023, by segment." Chart. February 6, 2025. ÌÇÐÄÆƽâ°æ. Accessed July 30, 2026. /statistics/1614583/china-share-of-the-global-heat-pump-supply-chain-by-segment/
IEA. (2025). China's share in the global heat pump manufacturing and trade segment in 2023, by segment. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 30, 2026. /statistics/1614583/china-share-of-the-global-heat-pump-supply-chain-by-segment/
IEA. "China's Share in The Global Heat Pump Manufacturing and Trade Segment in 2023, by Segment." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 6 Feb 2025, /statistics/1614583/china-share-of-the-global-heat-pump-supply-chain-by-segment/
IEA, China's share in the global heat pump manufacturing and trade segment in 2023, by segment ÌÇÐÄÆƽâ°æ, /statistics/1614583/china-share-of-the-global-heat-pump-supply-chain-by-segment/ (last visited July 30, 2026)
China's share in the global heat pump manufacturing and trade segment in 2023, by segment [Graph], IEA, February 6, 2025. [Online]. Available: /statistics/1614583/china-share-of-the-global-heat-pump-supply-chain-by-segment/
