France Heat Pump Market Research Report, 2029

The entire heat pump industry in France is expanding at an accelerated pace, and is driven by the strongly unwavering approach of the country towards controlling carbon footprints and increasing standards for energy efficiency. The governments that managed to infuse the much-needed boost in terms of incentives- crafted ingeniously to mobilize a sustainable route of progression. The heat pumps are being accepted as part and parcel in all residential establishments, commercial, and industrial businesses, shaping the country in heating and cooling sustainability solutions. The adoption of heat pumps is becoming evident in the residential segment as informed homeowners divert their attention towards the environment-friendly options of their time. French households, from rustic rural to urban apartments, are turning to these systems to tread climate change while enjoying superlative temperature control round the clock. The government support for boosting energy efficiency in commercial spaces also aids in this transition so that heat pumps become imbibed components of truly sustainable business operations. Large manufacturing industries, warehouses, and other industrial setups see the potential for the optimized use of energy and least impact on the outer environment through the technology of heat pumps. Using high-capacity heat pumps, these industries will allow for huge energy savings with concurrent low carbon emission levels. Industrial decarbonization supported by the government is an added feather in promoting the use of heat pumps, urging industries to follow energy-efficient alternatives for their own contributions to France's broader climate objectives. In France, the largest market and manufacturer of heat pumps in Europe, heat represents 45% of final energy consumption and almost two thirds of this heating is generated from fossil fuels. Heat pumps are a key solution to reduce heating-related emissions. Depending on local environments, they typically consume around three times less energy than gas boilers or electric radiators. The technology can heat homes but also industrial processes where water below 200°C is needed. France has had energy efficiency standards for new-build homes for more than a decade that have accelerated heat pump deployment, and energy efficiency has been a political priority across different political parties. In 2019, Emmanuel Macron’s government introduced financial incentives that saw a near-doubling of air-to-water heat pump installations within a year, building on previous incentive schemes. According to the research report "France Heat Pump Market Research Report, 2029," published by Actual Market Research, the France heat pump market is expected to reach a market size of more than USD 5 Billion by 2029. The strong building regulations and energy performance standards in France have huge effects on heat pump market dynamics. With increasing thrust to improve energy efficiency in buildings through stringent building regulations such as RT2012 and BBC certification, heat pumps emerge as a favored solution to meet the required efficiency standards. These measures do not only stimulate the demand for heating systems requiring low energy use but also serve to promote the renewed use of renewable technologies, with heat pumps as an integral part of sustainable building practices anywhere in France. France's commitment to its renewable energy objectives, such as the ambitious goal for renewable sources to supply 33% of their energy by 2030, underscores the importance of heat pumps in its energy transition. An essential part of this will be efficient renewable heating and cooling systems as renewable energy systems will be strongly promoted in the future to reach these targets. The climate and geographical characteristics of France present differences that affect their choice of heat pumps. For instance, air source heat pumps may be more popular in the south of France than in other regions, given the mild climate of the area, as this would meet the inhabitants' heating needs. The significant trend being observed in the heat pump market in France is the integration of systems in such a way that energy efficiency and sustainability are maximized. For example, with the intermittent characteristic of renewable energy sources like solar and wind, heat pumps complement such sources, allowing better performance, even enhancing reliability. For instance, the use of heat pumps in combination with solar photovoltaic panels can result in self-consumption of renewable energy, thereby reducing the dependence on grid electricity even further and lowering carbon emissions.

What's Inside a Actual Market Research`s industry report?

Asia-Pacific dominates the market and is the largest and fastest-growing market in the animal growth promoters industry globally

Download Sample

Companies in this range include such players as Daikin Air to Air Heat Pumps and Mitsubishi Electric. This is beneficial in France since they are advantageous and appear as alternative forms of heating and cooling. For instance, Danikin's Ururu Sarara range from Air to Air Heat Pumps is applicable in heating and cooling while regulating humidity hence a comfortable atmosphere. These are a few examples of air-to-air heat pumps. Air to Water heat pumps are the most applied kind in France, especially for space heating and hot water uses in domestic and commercial setups. Some of the companies known for this kind of product include Viessmann, Stiebel Eltron, and Nibe. Water Source heat pumps are the most applied in larger commercial and industrial setups. Some of the companies supplying this product include Carrier and Trane. Their water source heat pump assists in transferring the constant temperature of the water source for use in heating and cooling. Paris-Charles de Gaulle Airport water source heat pump is used to supply ambient heating and cooling services to the Airport Terminal buildings. Ground Source heat Pumps are rapidly gaining use in France for residential and commercial use. Some companies with this product are Nibe, Daikin, and Saunier DuvalHybrid heat pump systems are available in the market of France. Companies like Viessmann, Atlantic, and Saunier Duval manufacture hybrid heat pump systems. An exemplary product in this category would be Viessmann's Vitocalic hybrid system, which comprises a gas condensing boiler combined with an air-to-water heat pump, guaranteeing efficient heating and the production of hot water while reducing energy consumption and carbon emissions. Tax incentives and financial support measures related to investment in heat pumps and other renewables have been a feature of French government policy over the recent past. Tax Credit for Energy Transition (CITE) and Energy Savings Certificate (CEE) work as a subsidy and incentive of taxation for households and businesses in France when they decide to invest in energy erudite technologies, including heat pumps. The French heat pump market is mature and growing, as the government is committed to reducing greenhouse gas emissions and developing renewable energy sources. The market could be sub-segmented according to capacity, wherein each category caters to distinctive applications and needs. The Below 10kW heat pump is used predominantly in the residential sector. The use of such heat pumps can be seen in single-family houses, small apartment buildings, etc. For example, the leading company from France, Atlantic, offers a range of air-to-water heat pumps in this category. These smaller capacity heat pumps provide space heating and domestic hot water, thus replacing the traditional heating system in use. The French government's financial incentives, such as the MaprimeRénov' grant, motivate homeowners to adopt heat pumps. The 10-20kW and 20-30kW capacity categories serve larger residential houses, small commercial buildings, and district heating schemes. The heat pumps provide advanced, reliable, and efficient heating and hot water, thereby helping one reduce energy bills and lower carbon emissions. The heat pump above 30kW category mainly involved in larger commercial and industrial applications and larger district heating projects. These large-scale heat pumps allow businesses and communities to lower their carbon footprint while ensuring the proper supply of heating and hot water. An example is ENGIE Solutions, which provides tailored, high-capacity heat pump solutions to different industries and districts in France. Residential use of heat pumps in France accounts for a significant market. This is well-supported by the country's commitment to cut down on carbon emissions and enhance energy efficiency at homes. French households are increasingly adopting air-to-air, air-to-water, and ground-source heat pumps to replace the traditional heating systems of oil and gas boilers. Several incentives, including tax credits, rebates, and low-interest loans, are being offered by the French government to provide stimulus for homeowners to switch to more energy-efficient solutions. The growth of heat pumps in the commercial sector of France is augmented by the dire need for energy-efficient and environmentally friendly heating and cooling solutions. Office spaces, retail units, and tourist facilities have increasingly been turning to the competence of heat pumps to meet their HVAC needs while still meeting stringent energy efficiency requirements. The transition of this sector toward heat pumps reflects the vitality of sustainable business practices and the contribution of advanced HVAC technologies toward a low-carbon future. In France, the industrial heat pump market is developing as a new player country in the decarbonization of the most energy-consuming sectors. Growing industrialization and increased spending in manufacturing facilities, warehouses, and industrial processing are using high-capacity heat pumps to satisfy heating and cooling needs. The French government has not turned a blind eye to it but instead, encouraged the transition by supporting key programs like "Industrie du Futur", which relates to industrial process modernization for better energy efficiencies. Industrial heat pumps help provide space heating and cooling while reducing dependence on fossil fuel and operational cost reductions, leading to a reduction in greenhouse gas emissions. Considered in this report • Historic year: 2018 • Base year: 2023 • Estimated year: 2024 • Forecast year: 2029

Make this report your own

We're excited to discuss your needs and our solutions. Let's schedule a

Ask an Expert

Praveen Kumar

developer

Aspects covered in this report • Heat Pump market Outlook with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Type • Air-to-Air Heat Pump • Air-to-Water Heat Pump • Water Source Heat Pump • Ground Source Heat Pump • Hybrid Heat Pump By Capacity • Up to 10 kW • 10–20 kW • 20–30 kW • Above 30 kW

Don’t pay for what you don’t need. Save 30%

Customise your report by selecting specific countries or regions

Specify Scope Now

By End User • Residential • Commercial • Industrial The approach of the report: This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations, and organizations related to the Heat Pump industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.