# Boilers, furnaces and stoves and Industrial heat pumps and vapour recompression

Their prices have moved together.

Source page: https://www.materialinsights.org/links/boilers-furnaces-and-stoves-and-industrial-heat-pumps-and-vapour-recompression/

[Boilers, furnaces and stoves](https://www.materialinsights.org/energy/e_combustion_heat/) (energy) and [Industrial heat pumps and vapour recompression](https://www.materialinsights.org/energy/e_industrial_hp/) (energy): 1 relationship.

## How they are linked

### 1. Price link: competing equipment

*Cost and price · Moderate · Both ways*

Gas boilers and furnaces are the incumbent technology for process heat. Yearly moves correlate at 0.55 and monthly at 0.07 with the heating equipment index, a moderate yearly common driver from US manufacturing costs.

- **0.07** monthly change correlation
- **0.55** 12-month change correlation
- **0.57** fitted elasticity

Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.