Global Demand for Heat Pumps to Grow 5.6% Annually Through 2027

CLEVELAND, Oct. 10, 2024 /PRNewswire/ — According to the Freedonia Group study, Global HVAC Equipment, global demand for heat pumps is projected to rise 5.6% per year to $46.1 billion in 2027, with growth primarily being driven by increasing unit sales. Sales increases for these products…

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