BBT Thermotechnik expects the thermotechnology market to grow by approx 3 % to 25.1 billion euros in 2007. Growth will continue to be driven mainly by condensing boilers and systems using renewable energy sources. While growth in condensing boilers will mainly focus on countries with relatively low market penetration in 2007, demand for electric heat pumps and solar collectors should pick up on a global scale.
The growing popularity of heat pumps in North America and Europe makes double-digit growth rates particularly likely in these regions. Sales of solar collectors are expected to receive additional stimulation above all in Spain, Portugal, Italy and Brazil and the dynamically growing Chinese market.

The thermotechnology market offers attractive opportunities also in the medium term. High energy prices, the problem of reliable energy supplies and greatly increased concern about the consequences of climate change mark a turnaround in public and political awareness.
Governments and supranational institutions are likely to demand and promote the use of energy-efficient technologies also in the building sector going forward.

At the same time, consumers throughout the world are attaching increasing importance to individual comfort and a pleasantly heated home. Growing prosperity, especially in the emerging economies in eastern Europe, Asia and Latin America will open up new, untapped markets for space heating and hot water solutions. Even U.S. consumers are gradually discovering the benefits of comfortable and energy-saving thermotechnology solutions.

In Europe, by contrast, heating systems are more and more turning into "lifestyle products". Silent, space-saving and compact devices with attractive designs and remote controlled operation are becoming increasingly widespread in private homes. The trend towards the "intelligent home" with a networked, remote-controlled household will also continue and make new demands on future technological solutions.