Upcoming Trade Shows in Germany for Heating

Germany’s heating industry makes significant contributions to the German economy, which is now experiencing a turbulent period of transition spurred by rising energy costs and the government’s ambitions to relinquish reliance on fossil fuels. Roughly 60% of Germany’s final energy needs are devoted to heating and cooling, yet only 14% of this heat is sourced from renewable energy. This stark contrast underscores the ongoing challenge of aligning heating practices with the country's pledge towards sustainability. Heat pumps are making notable strides, capturing a 43% market share in new buildings. This surge signifies a shift towards cleaner and more efficient technologies, marking the first time heat pumps have surpassed conventional gas-fired heating systems in new constructions. In existing buildings, however, the adoption rate of heat pumps remains modest, accounting for just 6% of replacement heating systems. Despite their lower penetration, existing buildings present a vast opportunity to make substantial contributions to climate goals. The untapped potential in this domain positions heat pumps as a strategic tool in the broader effort to reduce emissions from heating. Globally, the demand for heat pumps is soaring with a 10% increase in 2018. Analysts predict the market will nearly double from $48 billion in 2017 to $94 billion by 2023. In Germany, growth has been comparatively sluggish, with only 2.3 heat pumps installed per 1,000 households in 2017. A stark contrast to the figures in countries like Norway and Sweden. Heat pumps, if adopted at levels comparable to Sweden (22.7 heat pumps per 1,000 households), offer strategic benefits beyond emissions reduction. They become proof environmental responsibility is not just another talking point, but a tangible path forward. Additionally, they will increase job protection and create value locally. This is particularly relevant for mid-sized companies often located in rural regions, which are the most vulnerable during recessions and economic uncertainties.