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The Global Industrial Heat Pumps Market is expected to grow by $666.06 mn during 2022-2027, accelerating at a CAGR of 5.66% during the forecast period


Global Industrial Heat Pumps Market 2023-2027 The analyst has been monitoring the industrial heat pumps market and it is poised to grow by $666. 06 mn during 2022-2027, accelerating at a CAGR of 5.

New York, Dec. 30, 2022 (GLOBE NEWSWIRE) -- announces the release of the report "Global Industrial Heat Pumps Market 2023-2027" -
66% during the forecast period. Our report on the industrial heat pumps 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, the latest trends and drivers, and the overall market environment. The market is driven by a rising focus on improving energy efficiency by industries, a growing focus on high-temperature heat pumps, and emerging regulations and increasing government initiatives to reduce emissions.

The industrial heat pumps market is segmented as below:
By End-user
• Paper and pulp
• Food and beverage
• Chemical
• Automotive
• Others

By Type
• Air-to-air heat pumps
• Air-to-water heat pumps
• Water source heat pumps
• Ground source heat pumps
• Hybrid heat pumps

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

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

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 the industrial heat pumps market covers the following areas:
• Industrial heat pumps market sizing
• Industrial heat pumps market forecast
• Industrial heat pumps 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 industrial heat pumps market vendors that include Bard HVAC, Carrier Global Corp., Daikin Industries Ltd., Danfoss AS, Emerson Electric Co, Johnson Controls International Plc., Lennox International Inc., LG Electronics Inc., MAYEKAWA MFG. CO. LTD., Meier Tobler AG, Mitsubishi Electric Corp., NIBE Industrier AB, OCHSNER Warmepumpen GmbH, Oilon Group Oy, Rheem Manufacturing Co., Robert Bosch GmbH, Robur Spa, Sirac Air Conditioning Equipments Co. Ltd., Systemair AB, and Toshiba Corp.. Also, the industrial heat pumps 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:

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