LG Electronics is raising its profile in Europe’s heat pump market with a series of large orders. LG Electronics said on Tuesday it is supplying heat pump solutions to a housing complex of about 1,000 households near Madrid, Spain, and to about 500 households in residential developments in Belgrade, Serbia.

It is installing its LG Multi V i system in the Calle Fuerzas Armadas area near Madrid. The product includes a high-efficiency inverter compressor and an AI-based control system. It uses R32 refrigerant, which has a global warming potential about 30 percent of conventional R410A, meeting Europe’s environmental standards. A compacted one-port shutoff valve unit, smaller than those of competitors, also improved installation convenience in Europe’s limited residential spaces, helping secure orders.

In Belgrade residential developments Kings Circle and The One, LG Electronics is providing tailored solutions centered on Multi V i and Multi V s. One outdoor unit handles heating, cooling and hot water functions simultaneously. The company simplified the system so it can provide ventilation and hot water without a separate heat recovery unit. It cut construction costs and improved installation efficiency.

LG Electronics is also deploying the Therma V R290 Monobloc, an air-source heat pump that uses R290 refrigerant with a global warming potential of just 0.02, as part of its European push. It supplied heat pumps to new housing complexes in Eindhoven and Ridderkerk in the Netherlands. It has completed installations in more than 100,000 households across five southern European countries including France and Spain.

Europe’s heat pump market is growing on the back of electrification policies that mandate low-carbon heating for new buildings and the European Union’s REPowerEU policy to cut reliance on fossil fuels. Heat pump sales in 16 major European countries in 2025 rose more than 11 percent from a year earlier to 2.63 million units, according to the European Heat Pump Association. The European heat pump market is expected to grow to about $46 billion by 2032.

LG Electronics ES business division head Lee Jae-sung (이재성) said, "Residential heat pump customers in Europe consider not only product efficiency but also environmental friendliness and installation convenience." He added, "We will strengthen our push into the European market with differentiated competitiveness based on a diverse portfolio of heating and cooling solutions and engineering capabilities."