In recent years, with the increasing global focus on renewable energy, traditional heating methods are gradually being phased out, while new, greener, and more efficient heating solutions are emerging. Particularly in Europe, heat pumps, hailed as the new-generation "winter essential," have gained widespread popularity among consumers. Meanwhile, Chinese heat pump companies are also riding the wave of this transformation.

In 2022, Chinese electric blankets and heaters became winter essentials in Europe. This year, Germany's heating industry is undergoing a major transformation. The German parliament voted to pass the "Geb?udeenergiegesetz (GEG)"—commonly known as the "Heating Act." This legislation clearly states that starting from 2024, Germany will gradually ban the use of traditional wall-mounted boilers and heating systems, while vigorously promoting renewable energy heating methods. Every newly installed heating system must achieve at least a 65% contribution from renewable energy sources, such as heat pumps and biomass boilers.

The introduction of this policy is obviously a huge impact on the traditional German heating industry. Data shows that there are approximately 18.9 million residential buildings in Germany, and about 80% of them use fossil fuels to meet their heat energy needs. The main source of fossil - fuel heating is natural gas, accounting for about 50%; oil heating accounts for one - third; while heat - pump heating only accounts for 3.4%. This means that once this act comes into effect, the demand for heat pumps will increase significantly.

In order to encourage the public to replace and update their heating systems, the German government has also introduced a series of policy subsidies. For example, all homeowners who install climate - friendly heating systems can receive a 30% subsidy for the purchase and installation costs. For families with an annual income of less than 40,000 euros, they can receive an additional 30% subsidy. In addition, if the replacement is completed before 2028, an additional 20% subsidy can be obtained, with a subsidy cap of 70%.

For Chinese heat - pump enterprises, this transformation in the German heating industry is undoubtedly a huge opportunity. Statistical data from the General Administration of Customs of China shows that from January to November 2022, the export volume of Chinese air - source heat pumps increased by 21.8% year - on - year, and the export value increased by 56.5% year - on - year. The main export destinations are major European countries such as France, Italy, Germany, the United Kingdom, and Spain.

Data from the European Heat Pump Association also confirms this trend. In 2022, the sales volume of heat pumps in the whole of Europe was nearly 3 million units, an increase of nearly 40% compared with the previous year. Among them, China is the largest import trading partner of heat - pump products in Europe.