Published: April 18th, 2023,
Last updated: April 18th, 2023
The heat pump market in the EU is growing rapidly. Annual sales could rise to seven million units by 2030, according to estimates by the International Energy Agency (IEA). But European manufacturers are increasingly facing competition from China. Many components already come from the People’s Republic anyway. This brings back memories of the abrupt decline of the German photovoltaic industry. Fifteen years ago, the industry collapsed in the face of low-cost competition from China. Christiane Kühl has written about how large China’s share of the heat pump market already is and what can be done to counter the threat of dependence.