North America Will Dominate The Heat Pump Market Projected to Reach $157.8 Billion by 2029
The global Heat Pump Market is expected to reach USD 157.8 billion by 2029 from USD 90.1 billion in 2024 at a CAGR of 11.8% during the 2024-2029 period. The heat pump market in the US witnessed substantial growth owing to the growing adoption of energy-efficient systems, favorable governmental incentives for renewable energy adoption, and the need to reduce carbon emissions. As such, heat pumps are...
Global Energy Perspective 2024: Heat Pump Outlook
The global Heat Pump Market is expected to reach USD 157.8 billion by 2029 from USD 90.1 billion in 2024 at a CAGR of 11.8% during the 2024–2029 period according to a new report by MarketsandMarkets™. Heat Pump is a more reliable way of heating & cooling on a large scale. The versatile nature of heat pump could enable the transition to a cleaner world and a stronger global economy this...
District Cooling Market worth $1177 Million by 2026
The global district cooling market is projected to reach USD 1,177 million by 2026 from an estimated market size of USD 931 million in 2021, at a CAGR of 3.4% during the forecast period. The factors driving the growth for district cooling are the Surging need for efficient cooling in regions with hot climate and Growing investments in infrastructure projects in developing economies.
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Heat Pump Market Redefining Heating Solutions in the US
The global heat pump market is expected to grow from an estimated USD 90.1 billion in 2024 to USD 157.8 billion by 2029, at a CAGR of 11.8% during the forecast period. The heat pump market in the US is experiencing significant growth driven by increasing awareness about energy efficiency, government incentives for renewable energy adoption, and the need to reduce carbon emissions. Heat pumps offer...
Heat Pump Market worth $157.8 Billion by 2029
The global Heat Pump Market is expected to grow from an estimated USD 90.1 billion in 2024 to USD 157.8 billion by 2029, at a CAGR of 11.8% during the forecast period according to a new report by MarketsandMarkets™. Heat Pump is a more reliable way of heating & cooling on a large scale. The versatile nature of heat pump could enable the transition to a cleaner world...
Cryogenic Pump Market Is Booming Worldwide with Atlas Copco AB, EBARA CORPORATION, SHI Cryogenics Group
Due to the rising demand for liquefied natural gas (LNG) and the increased usage of cryogenic technology in the healthcare and food industries, the cryogenic pump industry is expected to experience considerable expansion over the next few years. The rise in demand for cryogenic pumps from the energy & power industry, especially the oil & gas sector, is the primary driver of market growth....
Heat Pump Market worth $83.5 Billion by 2026
The global heat pump market is expected to grow from USD 53.2 billion in 2021 to USD 83.5 billion by 2026, at a CAGR of 9.5% during the forecast period. The factors driving the growth for heat pump market are the Contribution of heat pump technology to reduce carbon footprint and the Government laws and subsidies to enhance energy efficiency.
Heat pumps extract the ambient heat from the...
Heat Pump Market to Observe Huge Growth in Near Future
The global heat
pump market is expected to grow from USD 53.2 billion in 2021 to USD 83.5
billion by 2026, at a CAGR of 9.5% during the forecast period. The factors
driving the growth for heat pump market are the Contribution of heat pump
technology to reduce carbon footprint and the Government laws and subsidies to
enhance energy efficiency.
Heat pumps extract the ambient heat from
the air and...
Heat Pump Market expected to Grow $83.5 Billion by 2026
According to the new market research report
“Heat
Pump Market by Type (Air-to-Air, Air-to-Water, Water Source,
Geothermal, Hybrid) Refrigerant (R410A, R407C, R744) Rated Capacity (Up to 10
kW, 10-20 kW, 20-30 kW, >30 kW) End User (Residential, Commercial,
Industrial) Region – Global Forecast to 2026″, published by MarketsandMarkets™,
The global Heat Pump Market is projected...
Automotive Charge Air Cooler Market is Projected to Grow to USD 3.9 Billion by 2026, at a CAGR of 7.1%
The Automotive charge air cooler market is estimated to be USD 2.8 Billion in 2021 and is projected to grow to USD 3.9 Billion by 2026, at a CAGR of 7.1% during the forecast period. Automotive charge air coolers are used to reduce fuel consumption and CO2 emissions in combination with turbocharging. These components maintain and improve power output and torque in vehicles. As the degree...