BRG is pleased to announce the recent publication of the 2026 Heating market reports for its tiers 1 countries. BRG reports provide an in-depth overview of the most recent developments in the Heating markets in several European countries, including market trends, price developments, sales per sector, supply structure, and distribution patterns. European HVAC Market: 2025 Developments Across European HVAC markets, 2025 was marked by weak construction activity, policy uncertain

Ireland Urges Homeowners to Apply for Energy Upgrade Grants IRELAND: Thousands of Irish homeowners are being encouraged to apply for Sustainable Energy Authority of Ireland (SEAI) grants of up to approximately US$9,250 (€8,000) to improve home energy efficiency and reduce energy costs. The grants support measures such as attic, wall and floor insulation, heat pumps, solar panels, windows, doors and ventilation systems. SEAI said the upgrades can make homes “more comfortable,

Brazil Faces Shortage of Refrigeration Technicians as HVAC-R Market Expands BRAZIL: Brazil is experiencing a growing shortage of qualified refrigeration and air conditioning technicians as demand rises across supermarkets, hospitals, industries, commercial buildings and data centers. According to ABRAVA, the HVAC-R sector generated approximately US$9.1 billion in 2025 and is projected to reach US$10.1 billion in 2026. Installation and maintenance services grew by 20.7% in 202

Cyprus Accelerates Heat Pump Adoption to Cut Household Energy Consumption CYRUS: Heating and cooling account for around 70% of household energy consumption in Cyprus, according to a European Commission Joint Research Centre (JRC) report. The study highlights Cyprus’ cooling-dominated climate, with cooling demand significantly exceeding the EU average. Renewable sources currently provide about 43% of heating and cooling energy, yet nearly 150,000 households (39% of homes) stil

GALVANY Raises US$11.6 Million to Scale Heat Pump Platform Across Germany GERMANY: Berlin-based GALVANY Energy GmbH has secured approximately US$11.6 million in seed funding to accelerate the expansion of its heat pump platform for Germany’s multi-family residential sector. Led by SET Ventures with participation from AENU, the funding will support the rollout of GALVANY’s integrated solution covering heat pump acquisition, installation, operation and optimisation. Founded in

Grant Invests US$9.3 Million to Expand Irish Manufacturing and Heat Pump Solutions IRELAND: Sustainable home heating manufacturer Grant has announced a US$9.3 million investment in its Irish manufacturing operations, expanding production capacity and introducing a new Quick Recovery hot water cylinder range. Manufactured at the company’s headquarters in Birr, Co. Offaly, the cylinders are designed to work with Grant’s Aerona R290 air source heat pump, providing an integrated

LG Electronics Overtakes Japanese Rivals in Taiwan’s Premium Appliance Market TAIWAN: LG Electronics has strengthened its leadership in Taiwan’s premium appliance market, securing top positions in categories including air conditioner, washing machines, TVs, Stylers, dehumidifiers and air purifiers. The company’s success has been driven by innovative, localized products tailored to Taiwan’s humid climate, compact living spaces and rising energy costs. Heat pump-enabled applian

Nordic Climate Group Expands UK Presence with Acquisition of Kool It Services UNITED KINGDOM: Nordic Climate Group has strengthened its position in the UK market through the acquisition of Manchester-based Kool It Services Ltd, a provider of cooling and heating installation, service and maintenance solutions for commercial buildings. Founded in 1972, Kool It has built a strong regional presence through long-standing customer relationships, technical expertise and a reputation

TOTO Ceramics Division: Semiconductors Displace Bathrooms as Profit Source Japan: TOTO, announced that its semiconductor ceramics business has become the company’s largest profit contributor, surpassing its core housing-equipment segment. For the fiscal year ended March 31, 2026, the advanced ceramics division generated USD 182 million in operating profit, accounting for more than half of the company’s record USD 339 million group operating profit, while maintaining an operat

JD MALL Expands Hong Kong Presence with First Wan Chai Store and Multi-Store Growth Plan China: JD announced that its first JD MALL store in Hong Kong will officially open in Wan Chai on June 18. The 30,000-square-foot store will offer large and small home appliances, mobile digital products, and newer categories such as smart bathroom products, massage equipment, and whole-home cleaning appliances, operating under a “local sourcing, local sales” model. As part of its Hong Ko

Moderno Home Depot Expands Philippine Footprint Amid Rising Demand for Smart Home Solutions Philippines: Moderno Home Depot is expanding its presence across the Philippines, with a new showroom in Cebu City scheduled to open in the third quarter, adding to its existing branches in Bulacan, Laguna, Quezon City, and Davao City. The expansion comes as demand for connected living solutions continues to rise, with global household penetration of smart home products projected to ex

Busan Secures AI-Based HVAC Infrastructure Project to Strengthen Global Competitiveness South Korea: Busan has secured the Ministry of Trade, Industry and Energy’s 2026 Regional Strategic Industry Infrastructure Upgrade Project for its “Global Market-Responsive AI-Based HVAC Component Performance Evaluation Infrastructure Upgrade Project,” aimed at enhancing testing, certification, and export competitiveness for the HVAC machinery and parts industry. Running from 2026 to 2028