Heat Pump Water Market Size, Industry Share 2029

The Heat Pump Water Market is projected to witness a growth of approximately 6.3% CAGR during the forecast period, 2022-2029. The factors driving growth of the Heat Pump Water Market includes Government regulations regarding retrofitting heating & cooling equipment, rising focus on reducing greenhouse gas emissions, increasing demand for heat pump water solution in residential and commercial areas around the world and improvements in the living standards.
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