The consumption of geothermal heat pumps is projected to grow at an impressive CAGR of 13.1% between 2021 and 2031. According to a new market research report by Fact.MR, the geothermal heat pumps market, valued at US$ 115.74 billion in 2020, is expected to reach US$ 505.5 billion by the end of 2031.
Rising energy demands and worsening climatic conditions have accelerated the adoption of...
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