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Heat Pumps Racing turned into Formula 1 racing; who is winning the Grand Prix?

Updated: May 19, 2023

By: Ahmed EL-Bakhshawangy


European countries entered a race for heat pump utilization in the last 2 years making the usage of Heat Pumps doubled in the last 4 years. with double digit growth in the last consecutive years; Europe is leading the race for heat pumps, but which countries are winning the race so far; there are a report that Scandinavian countries are leading with Norway Leading followed by Finland then Sweden as ratio of usage. with this surge of Heat Pumps, there is a tendency of more control of energy efficiency by using Smart Controls which create an opportunity to IMI and alike companies to synergize with Heat pump manufacturers and even think of M&A of one.





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