AMITIME ELECTRIC CO.,LTD.
AMITIME ELECTRIC CO.,LTD.

The Prospects for the European Heat Pump Market are Promising, AMITIME is Making Significant Contributions to the Energy Market.

Recently, AMITIME's Zhongshan headquarters welcomed a group of European partners to discuss business, connect on projects, and explore new opportunities.


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The heat pump market continues to soar

Due to the situation between Russia and Ukraine, the energy crisis in Europe continues to worsen, with energy prices rising steadily. Natural gas prices, for instance, have increased significantly. For years, Europe has been advancing its carbon reduction goals, but relying on non-renewable energy sources like natural gas and oil for daily energy needs is no longer sustainable. Governments worldwide are actively seeking alternative energy solutions to achieve sustainable development, particularly in the field of building heating.


Heat Pump Market


On this basis, heat pump products ushered in a new spring of development at the end of 2021, and experienced explosive growth in 2022 with a very rapid development momentum, becoming the "hot cake" that European governments are competing for to survive the cold winter.


The latest data from the European Heat Pump Association shows that heat pump sales in 21 European countries (including non EU countries such as the UK and Norway) reached 3 million units in 2022, with a record high growth rate. The total number of heat pumps installed in Europe has reached about 20 million, providing heating for approximately 16% of residential and commercial buildings.


European Heat Pump Association


In the long run, it has become a consensus in the industry that heat pump products are the future of Europe, and the market growth rate will be above 20% to 30% every year in the future.


As heat pumps replace traditional energy technologies and become a new trend in future new energy heating, Aimetai is also reducing carbon dioxide emissions in the field of building heating through heat pump technology, reducing the dependence of buildings on fossil fuels, and continuously increasing the clean energy heating market through heat pumps.


Heat Pumps Replace Traditional Energy Technologies


At the same time, in order to better meet the user's pursuit of high-quality home life, in addition to reducing energy consumption, Amitime also combines heat pump products, high-efficiency heating systems with smart home appliances through the development of intelligent control, intelligent noise reduction, intelligent defrosting and other technologies, promoting household energy consumption towards efficiency, energy conservation, intelligence, and stability.

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