France Air Source Heat Pump Market By Process (Air to Air (Ducts, Ductless), Air to Water (Split, Integrated)), By End Use (Residential, Hotels & Resorts, Gym & Spas, Education, Food Service, and Others (Healthcare, Offices, etc.)), By Sales Channel (Plumbers, Dealers & Contractors, Retail, Direct Sales, Online, and Others (Distributors, Builders, etc.)), By Region, By Company, Forecast & Opportun
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Consumer Goods and Retail | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationFrance Air Source Heat Pump Market By Process (Air to Air (Ducts, Ductless), Air to Water (Split, Integrated)), By End Use (Residential, Hotels & Resorts, Gym & Spas, Education, Food Service, and Others (Healthcare, Offices, etc.)), By Sales Channel (Plumbers, Dealers & Contractors, Retail, Direct Sales, Online, and Others (Distributors, Builders, etc.)), By Region, By Company, Forecast & Opportun
The France air source heat pump market size is anticipated to register an impressive CAGR during the forecast period. A variety of factors influence the heat pump market in France. Energy costs, laws, perceptions of the public, and heat pump performance compared to other heating or cooling solutions impact it. Technical development is leading to more efficient and attractive products. Due to their various benefits, heat pumps are expected to gain popularity in France during the forecast period.
Heat pumps? Think of them as climate control superheroes for your place, parked right outside. They're not making heat, they're more like heat movers! Like your trusty air conditioner, they shift air from where it's not wanted to where it's needed, keeping you comfy year-round. If it's sweltering inside, they'll pull the heat out; if it's freezing, they'll pump warmth in. They run on electricity and use a special refrigerant to shuttle that heat around, which makes them way more efficient than your old furnace or AC unit. Now, there are a couple of main types of these Air Source Heat Pumps (ASHPs). You've got air-to-water ones – they grab heat from the outside air and use it to warm up the water that runs through your radiators. Then there are air-to-air pumps, which take outside air, work their magic to change the temperature, and then blow it through your house using fan coils. And the cool part? They can flip the script in the summer, turning that hot air into refreshing coolness. Pretty neat, huh?
According to the energy monitor’s analysis of European Heat Pump Association (EHPA) data, France is Europe’s leading market for heat pump sales, with close to 400,000 units sold in 2020. Heat pumps are capable of a wide temperature range in terms of technology. They can perform effectively in temperature levels of down to -25°C and efficiently supply hot water at 65°C.
Things started heating up for the heat pump market in France when new building regulations limited how much energy new homes could use. This pretty much said "no" to traditional electric heating, opening the door wide for heat pumps. Plus, people see them as a cleaner option since they don't release any emissions right where they're used. Heat pumps are now so common – popping up in 40% of new buildings – that you've really got to consider them a mainstream choice. You can find them from loads of manufacturers, and most installers are pros at putting them in. We're also seeing air-to-water heat pumps becoming increasingly popular in the industry.
Government Rebates in France Fuels the Market Growth
Back in 2022, France's environment minister announced some big changesno more government money for installing new gas heaters in homes. Instead, they're boosting support for greener heating options like heat pumps. Why? To wean themselves off Russian fossil fuels. The goal is to stop importing Russian gas and oil by 2027. It's all part of a government "resilience strategy" to help people and businesses deal with the economic fallout from the war in Ukraine. To speed things up, they're tweaking the "MaPrimeRenov" subsidy program to make switching from fossil fuels to renewable heating – think heat pumps, biomass heaters, even hybrid systems – much easier. Plus, the national environment and energy agency, ADEME, is putting up 150 million euros to encourage companies and towns to go green with their heating. So, expect those heat pump rebates to get pretty popular in France, and you'll probably see a lot more air-source heat pumps popping up soon!
More Efficient at Providing Heating Services Drives the Market Growth
When you're thinking about a new heating system, energy efficiency is key! Solar energy is great, but heat pumps are the next best thing for heating your home. Plus, they sip electricity compared to guzzling it. You could save up to 50% on your heating bills by switching to a heat pump instead of relying on older heaters, furnaces, or electric resistance heating. They're also champs at keeping your home comfy in the summer by reducing humidity, using less energy than your standard air conditioner. France is even trying to make it easier for everyone to switch to heat pumps by lowering the upfront costs, simplifying home renovation rules, and offering energy certificates. This will encourage even low-income homes to use air-source heat pump heating and cooling, driving up demand thanks to their energy-saving benefits compared to other heating and cooling solutions in the French market. It's all about being smarter with energy!
Environmental Benefits of Heat Pump Drives the Market Growth
So, how does a heat pump affect our planet and our wallets? Well, whether you're using a heat pump or natural gas, heating and cooling your home will create CO2 emissions. The good news is, heat pumps are much kinder, emitting way less CO2 compared to those old fossil fuel guzzlers. See, heat pumps don't actually convert anything; they just grab thermal energy from the surroundings (depending on the type), squeeze it to make it more potent, and then shuffle it to where it's needed. Because the average heat pump boasts a 300% efficiency rate, energy waste drops dramatically. That's why many believe heat pumps are a better choice for the environment. In fact, studies suggest that switching to heat pumps for space heating could lead to lower greenhouse gas emissions. And with France moving towards renewable energy sources, expect heat pumps – especially the air-source variety – to become super popular in the years to come, boosting demand across the country.
Market Segmentation
France air source heat pump market is segmented into process, end use, and sales channel. Based on process, the market is divided into air to air (ducts, ductless), air to water (split, integrated). Based on end users, the market is segmented into residential, hotels & resorts, gym & spas, education, food service, and others (healthcare, offices, etc.). Based on sales channel, the market is split into plumbers, dealers & contractors, retail, direct sales, online, and others (distributors, builders, etc.).
Market Players
Mitsubishi Electric Europe B.V., Daikin Airconditioning France SAS, STIEBEL ELTRON GmbH & Co. KG (DE), Groupe Atlantic, De Dietrich S.A.S., Auer SAS, Panasonic Marketing Europe GmbH, Saunier Duval Eau Chaude Chauffage SAS, Airwell Residential SAS, Hitachi Europe Limited are
| Attribute | Details |
| Base Year | 2022 |
| Historic Data | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Million, Volume in Thousand Units and CAGR for 2018-2022 and 2023-2028 |
| Report Coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments Covered | · Process · End Use · Sales Channel · Region |
| Regional scope | Northern France, Western France, Southern France, Eastern France, Central France |
| Key companies profiled | Mitsubishi Electric Europe B.V., Daikin Airconditioning France SAS, STIEBEL ELTRON GmbH & Co. KG (DE), Groupe Atlantic, De Dietrich S.A.S., Auer SAS, Panasonic Marketing Europe GmbH, Saunier Duval Eau Chaude Chauffage SAS, Airwell Residential SAS, Hitachi Europe Limited |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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