2,9% slide by the GHSP market in the EU between 2009 and 2010
The double whammy dealt by the economic crisis and housing slump has stifled expansion of the ground-source heat pump market in many European countries. The European Union market contracted for the second year running (by 2.9% between 2009 and 2010), and this despite the fact that more than 100 000 units were sold over the twelve-month period, taking the number of installed units past the one million mark.