'All the pieces are in place': IEA tips global heat pump market for rapid growth

James Murray
clock • 5 min read
'All the pieces are in place': IEA tips global heat pump market for rapid growth

New report reveals heat pump sales globally rose 15 per cent in 2021 and are now doubling year on year in some markets

Global sales of heat pumps are set to hit record levels again this year, as demand for the low carbon technology soars in key markets around the world. That is the headline prediction from a new special...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

James Murray
Author spotlight

James Murray

View profile
More from James Murray

EV market revs up as July posts 50 per cent growth rate

Summertime silence

More on Technology

The UK needs more supportive policies for bio-based chemicals, materials and products
Technology

The UK needs more supportive policies for bio-based chemicals, materials and products

A range of everyday, bio-based products can be made from renewable biological resources such as plants, algae, microbes, mycelium as well as food and agricultural wastes, writes Emily Nichols of the Renewable Energy Association

Emily Nichols, Renewable Energy Association
clock 07 August 2026 • 5 min read
'Robot revolution': Government announces £20m funding programme for farming automation
Technology

'Robot revolution': Government announces £20m funding programme for farming automation

Latest funding from Farming Innovation programme takes total funding available this year to £123m for supporting farming research and technology

Amber Rolt
clock 04 August 2026 • 3 min read
Ore Energy raises $43m in boost for iron-air battery technology
Technology

Ore Energy raises $43m in boost for iron-air battery technology

Company's innovative batteries store power for up to 100 hours without the need for critical raw minerals such as lithium or cobalt, enabling multi-day energy storage for grid operators

Amber Rolt
clock 04 August 2026 • 2 min read