Heat Pumps Global Market Report 2021 by The Business Research Company is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact – both negative and positive – of COVID-19 on the heat pumps industry gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. This includes revised market numbers according to the effects of the coronavirus and the expected heat pumps market growth numbers 2021-2030.
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The Heat Pumps Global
Market Report 2020-30 by The Business Research Company provides an in-depth
analysis of the global heat pumps market and covers both the historic period, 2015
to 2020, and the forecast period, 2020 to 2030. The report evaluates the market
and major economies across the regions Asia-Pacific, Western Europe, Eastern
Europe, North America, South America, Middle East, Africa.
The Heat Pumps
Global Market Report 2021 covers heat pumps market drivers, heat pumps market
trends, heat pumps market growth rate, heat pumps market major players, player-adopted
strategies in the market, and heat pumps market size.
The global heat pumps market is expected to
grow from $111.62 billion in 2020 to $116.55 billion in 2021 at a compound
annual growth rate (CAGR) of 4.4%. The growth is mainly due to the companies
rearranging their operations and recovering from the COVID-19 impact, which had
earlier led to restrictive containment measures involving social distancing,
remote working, and the closure of commercial activities that resulted in
operational challenges. The market is expected to reach $159.43 billion in 2025
at a CAGR of 8.1%.
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The report covers the heat pumps market
segments-
1) By Product Type: Air Source, Air-To-Air,
Air-To-Water, Water Source, Ground Source
2) By Rated Capacity: Up To 10 Kw, 10–20
Kw, 20–30 Kw, Above 30 Kw
3) By End User: Residential, Commercial,
Industrial
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