OVERVIEW

1:World ATW Heat Pump Market – 2024 Update – 1 OVERVIEW

World ATW Heat Pump Market – 2024 Update – 1 OVERVIEW

JARN’s database shows that the global air-to-water (ATW) heat pump market in 2023 increased slightly by 0.2% year on year, reaching 4.96 million units. In 2023, the ATW heat pump industry, a sunrise sector, encountered an unprecedented policy vortex in Europe, and that market experienced its first major setback. With the exception of double-digit negative growth in Europe, the global mark

OVERVIEW

1:World ATW Heat Pump Market – 2024 Update – 1 OVERVIEW

JARN’s database shows that the global air-to-water (ATW) heat pump market in 2023 increased slightly by 0.2% year on year, reaching 4.96 million units. In 2023, the ATW heat pump industry, a ...

MARKET ANALYSIS

2:2 MARKET ANALYSIS

Global consensus affirms that the deployment of heat pumps is crucial to the achievement of decarbonization targets. ATW heat pump systems are gaining traction as a sustainable alternative to fossil f...

3.1:3 REGIONAL -3.1 EUROPE

Europe’s ATW heat pump sector has evolved remarkably and quickly with a steep growth trajectory between 2018 and 2022. The push for decarbonization across Europe and the urgent need to find foss...

3.2:3.2 JAPAN

Residential Market Trends Eco Cute Among residential ATW HPWHs, Eco Cute, which plays a central role in Japan, is a high-efficiency water heater that adopts CO2 and uses heat pump technology to pr...

3.3:3.3 CHINA

In China, ATW heat pump systems are gaining recognition in the context of China’s ‘Double Carbon’ policy that targets a carbon peak by 2030 and carbon neutrality by 2060. In 2023, th...

3.4:3.4 UNITED STATES

The United States is one of the world’s predominant heating markets. Although the U.S. heat pump sector is relatively nascent compared with regions such as Japan, China, and Europe, the nation o...

3.5:3.5 AUSTRALIA

With its rich energy resources, Australia is enforcing stricter environmental standards. ATA heat pumps are t rending, while ATW heat pumps are primarily used for water heating, not space heating. Thi...

CONTRIBUTION

4:4 CONTRIBUTION-ITALY

Reported by Jacques Gandini, managing director of Studio Gandini, Italy ITALY In 2023, Italian production of heating, ventilation, air conditioning, and refrigeration (HVAC&R) equipment grew by...

TOP INTERVIEWS

5:Bereva xBall Valves Actuate HVAC Control Revolution

At the beginning of March, JARN visited Bereva located in Mestrino, Padua Province, Italy, and interviewed Davide Elardo, managing director of the company. Mr. Elardo talked about Bereva’s compa...

TOP INTERVIEWS

5:Achieving Carbon Neutrality with Heat Pump Technology and En

The Consortium for the Research Strategy of Next-generation Heat Pump Technology under the umbrella of Sustainable Energy & Environmental Society Open Innovation Research Organization (SEES), Wase...

TOP INTERVIEWS

5:Dorin Contributes to Sustainability as a CO2 Compressor Pion

In March 2024, JARN visited Dorin’s compressor plant located in Florence, Tuscany, Italy, and interviewed the family-owned company’s president, Ing. Mario Dorin, to ask about its successfu...

TECHNICAL REPORT

6:Heat Pumps & Smart Home Energy Solutions

Reported by prof. Jiang Yiqiang, prof. Dong Jiankai, Zheng Wenke, lecturer, and Tian Zhongyun and Huang Shuai, doctoral students, from Harbin Institute of Technology At China Refrigeration Expo 202...

RELATED NEWS

7:PHNIX Heco Series Heat Pump Redefines Year-round Home Comfor

PHNIX, a front-runner in China’s heat pump industry, introduced its energy efficient Heco series with a suite of innovative features: The Heco series embraces the eco-friendly R290 refrigeran...

RELATED NEWS

7:MEHITS Promotes MEHP-iB-G07 Reversible Heat Pump

MEHP-iB-G07 is the new Mitsubishi Electric Hydronics & IT Cooling Systems (MEHITS) air-source reversible heat pump. With variable speed (inverter driven) compressors and R32 refrigerant, it covers...

RELATED NEWS

7:OUTES Offers the Future of Heating with R290 ATW Heat Pumps

OUTES’ new product line features eco-friendly units using R290 refrigerant, renowned for its low GWP and zero ODP. These units achieve a maximum leaving water temperature of 75°C, ensurin...

RELATED NEWS

7:ESTIA R32: Toshiba’s Innovative Eco-friendly Solution for th

Toshiba Air Conditioning is expanding its innovative ESTIA R32 heat pump range in Europe to help meet increasing demand from customers and reduce dependency on conventional fossil fuel/gas-based heati...

RELATED NEWS

7:Hisense Launches ATW Heat Pump Hi-Water

Hisense launched its new ATW heat pump, Hi-Water, which is offered in both 200 and 250 liter capacities and offers many functions. Hi-Water utilizes R290, an ecofriendly refrigerant, reducing carbo...

RELATED NEWS

7:GCHV Highlights Its Monobloc ATW Heat Pump

The GCHV R32 monobloc ATW heat pump is a 4-in-1 system that provides heating and cooling solutions and generates DHW for the home, with a wide capacity range of 4 to 16 kW. It features a wide opera...

RELATED NEWS

7:Samsung Features Its New ATW Heat Pump with P290 Refrigerant

Samsung uses R290 refrigerant in its ATW heat pumps, achieving a much lower GWP than other refrigerants. Since R290 is relatively flammable, Samsung devised a five-step ignition mechanism for safety. ...

RELATED NEWS

7:Haier Highlights R290 Super Aqua ATW Heat Pump GT Series

Haier remains committed to supplying users with green, highly efficient, comfortable HVAC solutions. To meet varied user requests, Haier Intelligent Buildings has launched its new R290 Super Aqua A...

RELATED NEWS

7:Hisense’s New R290 Hi-Therma ATW Products on the Market

Hisense launched its innovative new generation of R290 ATW heat pump products at the 2024 Hisense Hi-Therma Series Heat Pump Launch Conference on June 6, and introduced a smart home energy management ...

RELATED NEWS

7:Gree Promotes Versati V Multi-functional ATW Heat Pump

Gree’s Versati V boasts all DC inverter technology, which can absorb heat from the air and then provide it to the air conditioning and water system, so as to realize heating and cooling for the ...

RELATED NEWS

7:Fujitsu General Expands High-efficiency Split-type Heating-o

In Europe, governments are implementing policies designed to improve the performance of existing buildings in line with the revision of the Energy Performance of Building Directive (EPBD). In addition...

RELATED NEWS

7:TCL Launches Its New R290 Tri-thermal ATW Heat Pump

TCL launched its new TCL R290 Tri-thermal ATW heat pump product in December 2023. The TCL R290 Tri-thermal ATW heat pump not only provides heating, cooling, and DHW for users but also features green, ...

RELATED NEWS

7:MHIAE Q-ton ATW CO2 Heat Pump: High Efficiency, Low Carbon E

Mitsubishi Heavy Industries Air-Conditioning Europe (MHIAE), part of the MHI Group, presents its Q-ton engineered to minimize operating costs and carbon emissions through cutting-edge technology. A tw...

RELATED NEWS

7:LG Therma V R290 Monobloc Offers Sleek Design with Low-GWP R

In response to Europe’s strict refrigerant regulations, LG introduced the Therma V R290 monobloc. A low-environmental-impact, energy-efficient solution, the Therma V employs R290 refrigerant, wh...

RELATED NEWS

7:Saginomiya Expands Its Automatic Controls Lineup for ATW HPs

Saginomiya utilizes its excellent technical capabilities to provide high-quality automatic control equipment to the rapidly growing European and other ATW heat pump markets, contributing to the realiz...

RELATED NEWS

7:Midea’s Efficient R290 Heat Pump Heating Solutions

As a professional heating expert, Midea is always focusing on bringing the customer the best environmentally friendly heating products. Midea has launched a full R290 refrigerant ATW heat pump product...

RELATED NEWS

7:Panasonic Features R290 ATW Aquarea T-CAP M Series

Panasonic’s Aquarea M series ATW heat pumps offer efficient, sustainable solutions for DHW and heating in residential and commercial projects. The new Big Aquarea M series provides a flexible, c...

RELATED NEWS

7:AUX Introduces R290 All in One Split Heat Pump for Enhanced

In response to user and market demand, AUX has launched an R290 All in One Split heat pump to improve users’ quality of life. AUX R290 All in One Split type, using R290 environmentally friendly ...

SPECIAL REPORT

8:Innovation and Sustainability –The Role of Frascold Compress

The heat pump market is growing steadily throughout Europe, thanks to a constantly evolving scenario aimed at ensuring that heat pumps are able to cover an ever-widening range of temperatures and sati...