Heat Pump Revolution: The Technology Reshaping Global Heating &...

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2025-11-27 05:29:13 - Translate

Heat Pump Revolution: The Technology Reshaping Global Heating & Cooling Markets

Overview of the Market The global heat pump market is in a multi-year growth phase driven by electrification of heating, energy-efficiency targets, and government subsidies for low-carbon heating. Analysts vary on exact figures: conservative forecasts put the market CAGR in the high single digits, while more bullish studies project low-double-digit growth. For example, recent industry reports...

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