Air to Air Heat Pump Market Trends

Air to Air Heat Pump Market Trends

Significant variation in the climatic conditions across several geographies attributed by the rising carbon footprint along with increasing global warming levels have shifted the focus of regulators and respective authorities to limit emission levels. The respective governments worldwide have introduced various policies to encourage the shift towards renewable energy sources and mitigate the impact of climate change.
 

For instance, in February 2023, the French government introduced a plan to provide a rebate of EUR 5,000 to individuals, irrespective of their income status, who opt for the installation of a new energy-efficient heat pump to replace their outdated heating system. This scheme is effective from March 1^st, to encourage the adoption of energy-efficient heating systems including heat pump systems. In addition, the growing emphasis on energy-efficient HVAC systems together with adoption of enhanced technological systems will further play a pivotal role in shaping the industry dynamics.