Headline News Volume 638
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eJARN.com Headline News
Date: July 22, 2022, Volume 638
( http://www.ejarn.com )
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< July Special edition>
1. World ATW Heat Pump Market - 2021
According to JARN’s database, the global ATW market in 2021 increased by 19.3% year on year, reaching 4.10 million units. The good news is that three markets continue to expand: Europe, China, and Japan. Among them, Europe has the most significant growth rate, while the Chinese market, the world’s largest, is back on a rapid growth track, and the Japanese market has maintained steady growth. JARN estimates that among individual markets, Europe, Japan, and the United States increased by 46.1, 11.6, and 8.8% respectively, while China increased by 12.6%.
July Special page 1
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2. EUROPE
The ATW heat pump market in Europe increased by 46.1% year on year in 2021, reaching 1.09 million units. There are many countries in Europe, and the heating culture differs from one country to another. Manufacturers in Asia are carefully cultivating the heat pump market in Europe, providing suitable ATW heat pumps for each European area. As a result, the European ATW heat pump market has experienced unprecedented prosperity.
July Special page 10
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3. JAPAN
According to the Japan Refrigeration and Air Conditioning Industry Association (JRAIA), the annual record was 585,989 units, which was a marked increase of 11.6% compared with 2020. The Eco Cute market has been expanding in recent years. It is estimated that this trend will continue in the future. The latest statistics show that cumulative shipments of Eco Cute HPWHs using CO2 reached 8.017 million units by the end of March 2022.
July Special page 31
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4. CHINA
In 2021, the Chinese ATW heat pump market showed an upswing, with buoyant growth, and increased
by 12.6% year on year to around 2.19 million units in 2021. In the first half of 2021, thanks to the full and rapid resumption of work and production following the first wave of the pandemic, demand for ATW heat pumps in China increased substantially compared with the low demand encountered during the same period of 2020. In the second half of 2021, however, the market shrank as a whole, affected by the recurrence of infections in some regions along with real estate control policies.
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5. Daikin Europe Strengthens Its Heat Pump Business
Earlier this year, Daikin made a series of announcements regarding an increase in its production of heat pump products in Europe. JARN interviewed Takayuki Kamekawa, vice president of Daikin Europe (DENV), and asked about the company’s heat pump business strategy in Europe.
July Special page 44
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