World News

Industry news and insights from Europe and around the World

UK News

Latest news and developments in the United Kingdom

Products

Keep up-to-date with the latest new products and technology

Features

General articles, applications and industry analysis

Swedish heat pump sales up 20% in Q1

SWEDEN: Sales of heat pumps in Sweden increased by 20% during the first quarter of 2023, according to the Swedish cooling and heat pump association Kyl & Värmepumpföreningen. 

Air-to-water heat pumps sales increased 40%, while ground source heat pumps sales were up 28%.

The major sales driver is still be assumed to be high energy prices and the energy transition from fossil fuels. “The trend is persistent and the demand for technical installations that can reduce energy use is still high,” commented the association’s CEO  Anders Mårtensson. “We also see our manufacturers gearing up and investing in both innovation and expanded production facilities,” he added.

“To meet the increasing demand, the industry needs to hire more skilled refrigeration and heat pump technicians. The supply of expertise will be a key issue for many years to come, not least when large parts of the property stock in Sweden are expected to need energy renovation in order to meet upcoming requirements in EU legislation.”

Latest News

21st December 2024

Hoshizaki takes 51% stake in Vietnamese company

JAPAN,VIETNAM: Hoshizaki, the Japanese manufacturer of commercial food and beverage refrigeration equipment, has acquired a majority shareholding in Vietnamese company Asia Refrigeration Industry (ARICO).
20th December 2024

Giles Pratt set to retire

UK: Giles Pratt, sales specialist at Fujitsu General Air Conditioning UK, is set to retire after a career spanning 40 years in the UK air conditioning industry.
20th December 2024

Vertiv acquires centrifugal chiller technology

UK: Vertiv has invested in centrifugal chiller technology with the acquisition of certain assets of BiXin Energy Technology (Suzhou) Co (BSE).
20th December 2024

Mitsubishi Electric buys Irish agent

NETHERLANDS/IRELAND: Mitsubishi Electric Europe is to acquire all the shares of its Irish agent – air conditioning installation and maintenance company Crystal Air Holdings Ltd.
20th December 2024

Daikin joins green initiatives agreement

UK: Heat pump manufacturer Daikin has signed a memorandum of understanding (MoU) with the West Yorkshire Combined Authority to support jobs, skills training, warmer homes and more sustainable power.
19th December 2024

Foodservice equipment wins F-gas exemption

EUROPE: The foodservice industry has obtained a temporary exemption to a January 1 ban on certain self-contained refrigeration equipment under the new European F-gas regulations.