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The Global Heat pump Market is expected to grow by $35.20 bn during 2022-2026, accelerating at a CAGR of 8.64% during the forecast period


Global Heat Pump Market 2022-2026 The analyst has been monitoring the heat pump market and it is poised to grow by $35. 20 bn during 2022-2026, accelerating at a CAGR of 8. 64% during the forecast period.

New York, Oct. 04, 2022 (GLOBE NEWSWIRE) -- announces the release of the report "Global Heat pump Market 2022-2026" -
Our report on the heat pump market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the growing construction sector, growing demand for high-temperature heat pumps (HTHPs), and the emergence of building energy management systems (BEMS).
The heat pump market analysis includes product segment and geographic landscape.

The heat pump market is segmented as below:
By Product
• Air source heat pumps
• Ground source heat pumps
• Exhaust air heat pumps

By Geographical Landscape
• North America
• Europe
• South America
• Middle East and Africa

This study identifies the increased adoption of solar-powered heat pumps as one of the prime reasons driving the heat pump market growth during the next few years. Also, policies supporting the growth of renewable power and the advent of smart heat pumps will lead to sizable demand in the market.

The analyst presents a detailed picture of the market through study, synthesis, and summation of data from multiple sources by analyzing key parameters. Our report on the heat pump market covers the following areas:
• Heat pump market sizing
• Heat pump market forecast
• Heat pump market industry analysis

This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading heat pump market vendors that include Bard Manufacturing Co. Inc., Daikin Industries Ltd., Danfoss AS, Dantherm AS, Denso Corp., Emerson Electric Co., Fujitsu Ltd., Glen Dimplex Deutschland GmbH, Guangdong Aoxin Heat Pump Air Conditioning Co. Ltd., Hayward Holdings Inc., Ingersoll Rand Inc., Johnson Controls International Plc, Kensa Group, Lennox International Inc., Mitsubishi Electric Corp., NIBE Industrier AB, Nortek Inc., Rheem Manufacturing Co., Robert Bosch GmbH, and STIEBEL ELTRON GmbH and Co. KG. Also, the heat pump market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all future growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The analyst presents a detailed picture of the market through study, synthesis, and summation of data from multiple sources by analyzing key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Read the full report:

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