National Report: Heat Pumps in the United States – Market Potentials, Challenges and Opportunities

This article discusses the heat pump market in the US, including its growth since 2010, policies and programs, and the challenges and opportunities that exist. The COVID-19 pandemic has affected the global economy, including the heat pump market, but the US heat pump market has experienced steady growth. Heat pumps surpassed gas furnace shipments in 2020, and the trend has continued in 2022. The heat pump market share is expected to grow as policies and financial incentives steer the building sector towards decarbonization. The US has set goals to reduce greenhouse gas emissions, decarbonize the power sector, and achieve a net-zero emissions economy. 

The Biden administration’s response to international climate change agreements confirms a commitment to a global clean energy economy. The US has taken various policy measures and targeted actions to support heat pump technology research, expand deployment, and address supply chain vulnerabilities. Federal investments have been allocated to modernizing and upgrading buildings to be affordable, resilient, accessible, energy-efficient, and electrified. The market outlook article also provides a timeline of policies since 2020 that have supported the development and adoption of heat pump-related technologies. 

The US heat pump market shipments predominantly comprise air-source heat pumps, followed by heat pump water heaters, water loop heat pumps, and ground source heat pumps. Air-source heat pumps have shown a consistent increasing trend since 2001, surpassing gas furnaces for the first time in 2020. Heat pump water heaters have experienced a dramatic increase in sales due to regulations that require higher energy factor ratings on all residential and some light-duty commercial products. Ground source heat pumps shipments have been affected by natural gas prices and federal tax credits. Finally, the article suggests that heat pump technology will continue to receive unprecedented priority to reduce the use of fossil fuels and vulnerability to supply disruptions in response to the global energy crisis. 

Mini Malhotra, Zhenning Li, Xiaobing Liu, Melissa Lapsa, Tony Bouza, Edward Vineyard and Brian Fricke, USA

This text has been shortened by the HPC team 

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