Market Assessment of Heat Pumps in India

The International Institute for Energy Conservation (IIEC), along with Energy Efficiency Services Limited (EESL), commissioned the study “Market Assessment of Heat Pumps in India” Under the GEF-6 project “Creating and Sustaining Markets for Energy Efficiency”, implemented by the United Nations Environment Programme (UNEP).

This report examines the market potential for applications of heat pumps in India's residential, commercial, and industrial sectors for space heating and water heating applications. Heat pumps can provide up to 3-4 times more energy than they consume, making them highly efficient for both heating and cooling applications. Recent technological innovations have enhanced heat pumps' efficiency and economic advantages, making them increasingly attractive across different applications.

Download:  pdf Market Assessment of Heat Pumps in India (5.16 MB)