The document summarizes trends in the global traditional and renewable heating markets. Some key points:
- Europe dominated the world heating market in 2012 but growth is now slower, while markets like China and Russia are growing faster.
- Boiler markets are growing and shifting to high-efficiency condensing boilers in Europe, but less so outside Europe. Efficiency standards like ErP are also driving greater efficiency.
- Heat pumps are emerging as the main renewable technology and their use is expected to grow substantially in regions like China, Europe and North America by 2020.
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Trends in World Heating Markets and Renewable Growth
1. Trends in the World Traditional & Renewable Heating Markets
Andrew Giles
China Refrigeration Show
April 10th 2014
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Agenda
Heating dominated by Europe but it is now a cold spot
Boiler markets growing and moving into condensing inside Europe, but not outside
Efficiency and Control on the top of the agenda – ErP and its impacts
Sanitary hot water heat pumps set to grow in China and USA & growth expected in Europe
Many new solution enter the market = Heat pump main renewable winner
Top 20 hvac manufacturers remain specialised by tehnology
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World Heating Market Value by region, 2012
North America
Radiators 0%
UFH 7%
WH 74%
CB 5%
DB** 14%
Total: US$ 5,658 million
Radiators 1%
UFH 6%
WH 79%
CB 2%
DB 12%
Japan
Total: US$ 5,214 million
Radiators 23%
UFH 11%
WH 23%
CB 4%
DB 39%
Europe*
Total: US$ 18,897 million
•Europe includes 25 countries: Austria, Belgium , France, Germany , Greece, Italy, Netherlands, Norway , Spain, Sweden, Switzerland , Turkey, United Kingdom, Belarus, Bulgaria, Czech Republic, Hungary, Poland, Romania, Russia, Serbia, Slovakia, Slovenia, Ukraine ** Domestic boilers in NA doe not include furnaces.
Population (million inhabitants)
USA + Canada
Europe
Japan
China
352
778
127
1,360
3
China
Total: US$ 7,100 million
Radiators 20%
UFH 19%
WH 47%
CB 5%
DB 9%
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World Heating hot and cold spots, 2013
Warm spots ≥10-20%
Cold spots <0%
Hot spots ≥20%
Cool spots ≥0-10%
2012/2011 value growth
Belgium
Russia
China
North America
Turkey
Netherlands
Sweden
Spain
Japan
France
Germany
Italy
Norway
South Korea
Products included: Domestic boilers, commercial boilers, traditional water heaters, radiators & wet underfloor heating.
UK
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Poland
Iran
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Domestic boilers - main EU heating markets
Total domestic boiler sales, 2012 - 2017
-
200
400
600
800
1,000
1,200
1,400
1,600
1,800
2012
2013
2017
Sales will pick up in most European markets
‘000 units
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Technology shift
Domestic gas & oil boiler sales, 2012 - 2017
Outside the EU market
12%
15%
88%
85%
0
1000
2000
3000
4000
5000
6000
7000
2012
2017
Inside the EU market
‘000 units
‘000 units
70%
85%
30%
15%
0
1000
2000
3000
4000
5000
6000
2012
2017
non-condensing
condensing
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ErP - Impact on products
Increase in Combined and Hybrid systems
Eco Design
A +++ ≥150%
A ++ ≥125%
A + ≥98%
A ≥90%
B ≥82%
C ≥75%
D ≥36%
E ≥34%
Cogeneration
Gas HP
Condensing boilers
Non- condensing boilers
Ground /Water to water HP
Air to water HP
From 26/9/2015 products with Label D to G are no longer allowed to be sold
Hybrid Heat Pumps
Combined CB + ST system
+ enhanced Controls
Fuel cell
Labels mandatory from Sep. 2015
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Combining systems
Product label
High efficiency
gas boiler
Solar thermal
system (VT)
Temperature
controls
System label example:
89%
6%
4%
+
+
System
efficiency 99%
A + ≥98%
System label
Separate labelling for
Space Heating and SHW.
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World Heat Pump 2020 Outlook
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22%
17%
10%
19%
7%
15%
4%
6%
18%
18%
7%
1%
51%
0%
0%
10%
20%
30%
40%
50%
60%
-
100,000
200,000
300,000
400,000
500,000
600,000
700,000
2012
2020
CAGR 2012-2020
27%
0%
5%
10%
15%
20%
25%
30%
China
-
2,000,000
4,000,000
6,000,000
8,000,000
Sales volume per country with CAGR 2012 - 2020
growth
units
growth
units
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European Heat Pump market 2012 – 2017
CAGR
2012 – 2017
Cylinder- integrated WH: 17%
Split:
14%
Exhaust-air:
1%
Monobloc:
5%
Ground / Water: 1%
2013 Ground/Water sales:
64,200
Split: 84,300
Monobloc: 78,800
Cylinder-integrated WH: 156,300
Exhaust air:
13,800
Based on data for: Austria, Belgium, France, Germany, Italy, Netherlands, Poland, Spain, Switzerland, UK
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Split: 153,700
Monobloc: 73,200
-
20,000
40,000
60,000
80,000
100,000
120,000
140,000
160,000
180,000
Cylinder
integrated HPWH
Split A/W
Monoblock A/W
Exhaust air HP
Ground source HP
2012
2013
2017
units
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Up until 2020
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Products /
technologies
reaching the
market
dfe
2009/10 – 10
2012
2015
2017
2020
2019
Launch FC (Japan)
Resid. Gas HP
Resid.FC
in Europe
Solar cooling
Energy Storage Systems
Smart Grid
+ Energy
Homes
HEMS
CO2 VRF
CO2 HP
Micro-CHP
ICE/ Stirling
Smart Meters
2000 – 2008
Expansion of electric HP and
Solar Thermals
S y s t e m I n t e g r a t i o n
Hybrid HP
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European heating controls
12
‘000 units
Traditional heating controls sales (DE, F, UK), 2012 / 2020
-
10,000
20,000
30,000
40,000
50,000
60,000
2012
2020
TRV
other valves
dampers/actuators
system controls
Room Thermostats
22% growth
72%
94%
81%
28%
6%
19%
-
200
400
600
800
1,000
1,200
1,400
France
UK
Germany
Smart home controls*
Traditional heating
controls
Traditional & smart home controls market, 2012
€ million
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How competitive are renewables in Europe
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0
500
1000
1500
2000
2500
3000
GCB
GCB+Combi ST
HP
HP + Combi ST
Hybrid HP
Fuel cell
Operating cost, € per year, 2013 (existing dwellings)
-
200
400
600
800
1,000
1,200
1,400
GCB
GCB+Combi ST
HP
HP + Combi ST
Hybrid HP
Fuel cell
Germany
UK
Lifetime cost, € per year, 2013 (existing dwellings)
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