Global investment in residential heat pumps 2020, by region

Published by
Fernando de Querol Cumbrera,
Nov 2, 2023
In 2020, the total annual investment in residential heat pumps was 51 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.

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

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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.

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