+4.4% the increase of the heat pump market in the EU between 2016 and 2017
The European heat pump sector has been able to count on solid heating and cooling application markets for several years. The sales data held by EurObserv’ER shows that more than 3.5 million systems were sold in 2017 in the European Union, which amounts to a 4.4% year-on-year increase. Growth would have been much higher had it not been for the slump in the Italian market, Europe’s main market, whose volume is primarily driven by cooling needs.
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