Europe Heat Pump Market Size and YoY Growth (2025-2032)
in USD Billion & percentage
REPowerEU Targets and National Gas Boiler Bans to Strengthen Growth in the Europe Heat Pump Market
Published by MMR Statistics Reserch Team, January 2026
Europe’s heat pump market was valued at USD 26.32 billion in 2025, with a YoY growth of 7.47%, supported by strong regulatory frameworks, energy efficiency mandates, and widespread adoption in residential and commercial buildings. In 2026, the market is estimated to reach USD 28.35 billion, driven by the EU’s focus on decarbonization, incentives for sustainable HVAC systems, and the adoption of advanced heat pump technologies.
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REPowerEU Targets and National Gas Boiler Bans to Strengthen Growth in the Europe Heat Pump Market
Published by MMR Statistics Reserch Team, January 2026
OTHER STATISTICS ON TOPIC
Heat Pump
Rising Environmental Awareness and Renewable Integration to Drive the Global Heat Pump Market Growth
Global Heat Pump Market Size and YoY Growth (2025-2032)
Global
Asia Pacific to Maintain Leadership in the Global Heat Pump Market Through Urbanization and Renewable Integration
Global Heat Pump Market Size, by Region (2025-2032)
Global
Energy-Efficient Heating and Cooling to Drive the North America Heat Pump Market Growth
North America Heat Pump Market Size and YoY Growth (2025-2032)
North America
Asia Pacific Heat Pump Market Outlook: Rapid Adoption Across Residential and Commercial Sectors
Asia Pacific Heat Pump Market Size and YoY Growth (2025-2032)
Asia-Pacific (APAC)
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