According to a Future Market Insights (FMI), the global heat pump market size reached USD 46.8 Billion in 2023. Over the forecast period, the value is anticipated to rise at 10.2% CAGR. The sector is predicted to increase from USD 51.6 Billion in 2024 to USD 136.2 Billion in 2034.
The heat pump market is expected to grow significantly due to...
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