May Development of Air Energy Heat Pump Industry

In an era when energy saving and emission reduction has gradually become a social consensus, air-to-air heat pumps can be said to be unique darlings that have attracted the attention of many people. Then what happened to the air-energy heat pump in the past May?

First, from the perspective of the entire economy and society, the central bank lowered its interest rates in May and cut interest rates. The central bank lowered its benchmark from February, cut interest rates in March, and lowered again in April. There may be further possibilities of “cutting interest rates and lowering standards” in the future. For the current air source heat pump industry, the country’s continuous interest rate cuts and spurs directly stimulate the real estate market and changes in the stock market, which may lead to a stronger air source heat pump industry in the second half of this year.

Secondly, real estate in May also has new actions. The central bank, the Ministry of Housing and Urban-Rural Development and the China Banking Regulatory Commission jointly issued notices: For households with a house and the corresponding house purchase loan has not been settled, apply for a commercial personal housing loan to improve the living conditions. For homes, the minimum down payment is adjusted to no less than 40%. With the loosening of real estate policies, there are many people who buy homes, and air energy heaters will usher in good news.

Once again, the "Made in China 2025", which has attracted much attention since the beginning of the two sessions this year, was officially released in May, deploying a strategy to comprehensively promote the implementation of a manufacturing powerhouse, focusing on the three major directions of green manufacturing upgrading, smart manufacturing, and high-end equipment innovation. The official release of "Made in China 2025" will have a profound impact on the industrial manufacturing industry.

Since 2008, air-powered water heaters have been supported by national policies, and air-energy heat pump water heaters have gone through a few years of start-up and have entered a rapid growth period. In May this year, some related policies were also issued, such as the Ministry of Finance issued the "Interim Measures for the Administration of Energy Saving and Emission Reduction Subsidy Funds." The General Administration of Quality Supervision, Inspection and Quarantine of the People's Republic of China and the National Standardization Administration of the People's Republic of China have jointly issued the “Energy Efficient Limits and Energy Efficiency Ratings for Domestic Gas Fast Water Heaters and Gas-fired Heating Water Heaters”. The new standard has more stringently divided the energy efficiency rating of gas water heaters. The method has been adjusted from the previous single thermal efficiency to two thermal efficiencies. The new standard will be formally implemented on June 1, 2016. The release of the new national standard for gas water heaters may be another opportunity for air-to-energy heat pumps.

Finally, the same attention is also paid to the Beijing Municipal Construction Commission to stop the no-safety electric heating film and the energy efficiency secondary gas boiler below. According to industry insiders, under the background of national energy conservation and environmental protection, the ban on secondary and below boilers with energy efficiency means that future applications of air source heat pump products will become increasingly widespread. In the future, air source heat pumps will become a trend.

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