The Electric Heating Market: A Half Trillion Dollars in 2022

Of the 1.1 trillion Bloomberg ENIAF reported being invested in the net zero transition in 2022, electric heating accounted for $64 billion. The sector had a three year compound growth rate of 14%. Maintain that and the sector would hit the half trillion dollar investment mark by 2037. Improving living standards along with need for energy efficiency mean we're likely to see long-term growth across the board.