The Global Heat pump Market is expected to grow by $ 11.04 bn during 2021-2025, progressing at a CAGR of almost 10% during the forecast period

Global Heat Pump Market 2021-2025 The analyst has been monitoring the heat pump market and it is poised to grow by $ 11. 04 bn during 2021-2025, progressing at a CAGR of almost 10% during the forecast period.

New York, Oct. 18, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Heat pump Market 2021-2025" - https://www.reportlinker.com/p02754077/?utm_source=GNW
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 regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by growing construction sector and growing demand for high-temperature heat pumps (HTHPs). In addition, growing construction sector is anticipated to boost the growth of the market as well.
The heat pump market analysis includes the 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 Geography
APAC
Europe
North America
South America
MEA
This study identifies the emergence of building energy management systems (BEMS) as one of the prime reasons driving the heat pump market growth during the next few years.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on 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 Daikin Industries Ltd., Danfoss AS, Ingersoll Rand Inc, Johnson Controls International Plc, Lennox International Inc., Mitsubishi Electric Corp., NIBE Industrier AB, 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 forthcoming 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 by the way of study, synthesis, and summation of data from multiple sources by an analysis of 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 the accurate market growth.
Read the full report: https://www.reportlinker.com/p02754077/?utm_source=GNW

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