The heat pump water heater (HPWH) market is set to grow from nearly $100 billion in 2024 to $156.59 billion by 2030, fueled by energy efficiency regulations, rising energy costs, urbanization, and a demand for sustainable solutions.
Bosch Home Comfort, a producer of high-quality heating, cooling and hot water systems, has announced the market launch of its Inverter Ducted Split (IDS) Family (R-454B Version) heat pump product line. Equipped with R-454B refrigerant, the newest IDS Family products meet the criteria for a lower global warming potential (low-GWP) A2L refrigerant.
Trane Technologies has announced the new Trane Hydronic Branch Conductor to help retrofit and new buildings achieve higher energy efficiency and zone comfort from decarbonized, electrified heating and cooling without major structural disruptions.
Survey respondents who owned a heat pump shared their top three benefits of owning a heat pump system as greater energy efficiency (55%), better heating (41%), and greater cost savings (39%).