Austria Heat Pumps Market 2026–2031

Market at a Glance

The Austrian heat pumps market is forecast to reach USD 947.8 million by 2031. The withdrawal of generous subsidies has exposed the sensitivity of replacement demand to upfront costs. At the same time, integration with rooftop solar and household energy management is making smart controls a more important part of the heating proposition.

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Market Outlook

The Austrian heat pumps market is forecast to reach USD 947.8 million by 2031. A sharp contraction following the withdrawal of generous installation subsidies has highlighted how strongly replacement purchases depend on the cost borne by households. The longer-term transition toward lower-emission heating supports demand, but a recovery in retrofits cannot be separated from affordability and the availability of financial support. Heat pumps retain a strong position in new buildings, where the heating system can be incorporated into the original design.

Product differentiation is increasingly tied to the wider household energy system. Rooftop solar adoption has strengthened interest in heat pumps that communicate with solar inverters and energy managers, allowing more locally generated electricity to be used in the home. Controls that adjust heating around variable electricity tariffs add a second source of appeal. Connectivity therefore extends beyond remote convenience to the coordination of electricity generation, consumption and heating costs.

Manufacturers are also developing modular systems and broader operating ranges to accommodate different buildings and heating requirements. Low-global-warming-potential refrigerants and improved energy efficiency feature in this development, alongside controls intended to simplify operation. These changes widen the range of installation options, although the suitability and cost of a system still depend on the property and the work required.

Installation companies remain central to market access. Consultation, system selection, delivery and installation are often handled through the same provider, and even direct or online manufacturer channels rely on installation partners. This makes installer relationships an important commercial asset: equipment specifications must be translated into a workable project before a household can complete its purchase.

Report Coverage

This report examines the Austrian heat pumps market through 2031, combining market size and forecast analysis with product structure, smart technology adoption, distribution channels and company and brand market shares. It explores how installation costs, changes in financial support and integration with household energy systems influence demand and competition.

The report covers:

  • Market size, annual growth and forecast analysis across the 2021–2031 research period.
  • Product-type shares by sales value and sales volume for 2021–2031.
  • Smart and non-smart heat pump shares by sales volume for 2021–2031.
  • Distribution-channel segmentation covering direct selling, home product stores and other channels.
  • Company and brand market share analysis for 2021–2025.

Market Segmentation

Product type — shares by sales value and sales volume, 2021–2031

  • Air-to-water heat pumps
  • Ground-source heat pumps
  • Other heat pumps

Technology — shares by sales volume, 2021–2031

  • Smart
  • Non-smart

Distribution channel

  • Direct selling
  • Home product stores
  • Others

Competitive Landscape

Companies covered include BSH Hausgerate GmbH, Carrier Global Corporation, Daikin Industries, Ltd., OCHSNER Warmepumpen GmbH and STIEBEL ELTRON GmbH & Co. KG. Established supplier reputations and installer relationships remain important to purchasing decisions, while product development is placing greater emphasis on flexible system configurations, energy efficiency and connected controls.

The report provides company and brand market share analysis alongside discussion of the product and installation-channel factors shaping competition.

Table of Contents

Part 1. Key Findings
Part 2. Market Development Trends
Austria heat pumps market size and forecast, 2021–2031
Annual market growth and forecast-period analysis
Part 3. Product Type
Sales value shares by product type, 2021–2031
Sales volume shares by product type, 2021–2031
Part 4. Technology
Smart and non-smart sales volume shares, 2021–2031
Part 5. Distribution Channels
Channel structure and market access
Part 6. Company and Brand Market Shares
Company market shares, 2021–2025
Brand market shares, 2021–2025
Company and brand share charts, 2025
Part 7. Methodology
Part 8. Disclaimer

Companies Covered

  • BSH Hausgerate GmbH
  • Carrier Global Corporation
  • Daikin Industries, Ltd.
  • OCHSNER Warmepumpen GmbH
  • STIEBEL ELTRON GmbH & Co. KG

Delivery: The report will be delivered by email after your order is confirmed.

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Austria Heat Pumps Market 2026–2031