From: Heating Information, March issue 437 e-book
In total:
According to the company, in 2022, the European wall hanging furnace market sales of about 8.6 million units; By 2022, the European market stock of wall hanging furnaces is about 140 million units. At present, the European HVAC market is still in rapid development, and the market volume has achieved a large growth year after year.
Features:
1. The formation of a “service” market based on replacement.
Relying on the huge market stock, most regions in Europe have formed a “service” market, and the replacement market has become the main growth point. Accordingly, production enterprises are investing in terminal services, and Italy is a typical “service” market. Italy has about 26 million households. In 2022, the sales volume of the Italian wall-mounted furnace market was about 1.18 million units; As of 2022, the stock of wall hanging furnaces in Italy is about 20 million units.
2. Multi-energy complementary system is an important direction for the development of European HVAC enterprises.
At present, the fully premix condensing wall hanging furnace is still the mainstream product in the European HVAC market, at the ISH exhibition in Frankfurt, Germany, the application of multi-energy complementary systems based on wall hanging furnaces has increased, and a variety of system solutions are more mature and perfect. According to some companies, the application of multi-energy complementary systems based on clean energy is one of the main directions for the future development of European HVAC enterprises.
3. Government intervention has a huge impact.
Through the Frankfurt International Bathroom Equipment, Buildings, energy, air conditioning Technology and renewable Energy Exhibition (hereinafter referred to as the ISH exhibition), in addition to the display of gas boiler products, the display of electric heating products has increased significantly. In this regard, some companies said that the development of the European HVAC market largely depends on the guidance of government policies. Before March this year, affected by policy subsidies, electric heating products had a good market performance, and with the cancellation of the subsidy in some regions, market demand should be affected.
4. Good news for HVAC market in Turkey.
Due to the impact of the Russian-Ukrainian war, as well as the increasing demand in the Turkish HVAC market, the sales volume of fully premix condensation products has grown rapidly, and the demand for parts and components products has also grown accordingly.
Secondly, affected by the earthquake in Turkey, post-disaster reconstruction will also create new growth points for the Turkish HVAC market.
According to reports, due to the interoperability between Turkey and Russia, it is expected that the Turkish exhibition held in October will usher in more exhibitors and buyers, including the Russian HVAC industry, which is also good news for the Turkish HVAC market.
5. Increase the layout and investment in domestic HVAC market.
Most enterprises are optimistic about China’s HVAC market, and expressed their intention to continue to increase the layout and investment in the domestic HVAC market. Continue to be optimistic about the domestic economic environment; The comparison between the huge population base and the market volume; Natural gas supply network is mature; China’s efforts to actively implement the “double carbon” goal.
