HEAT PUMP INNOVATIONS:
SUSTAINABLE COMPONENTS FOR
ENHANCED PERFORMANCE
In the realm of sustainable heating and cooling, heat pumps represent a groundbreaking solution, offering exceptional energy
efficiency by harnessing natural heat sources. With advancements in technology, modern heat pumps achieve remarkable energy
savings while minimizing electricity consumption. Multiple trends are driving the global adoption of heat pumps, creating a
significant business opportunity for heating equipment and component manufacturers to collaborate to improve device
performance and sustainability. TE Connectivity (TE) offers a broad portfolio of connector and relay solutions made with eco-
friendly materials that are space-saving and have ingress protection rated sealing capabilities.
According to Mordor Intelligence
1
, the global heating market reached nearly $87 billion in 2023, with heat pump sales accounting for
almost 78% of the total market share. With sales projected to reach $137 billion by 2027, those firms that can innovate fast to meet
emerging requirements stand to reap the lion's share of the spoils.
