Heating, Cooling and Hot Water Heat Pumps Market to Grow by 11% CAGR (2014-2020) to Reach $116 billion
Industry Experts has today added the industry's most comprehensive and exclusive research report on Heat Pumps global market . The new report ‘ Heat Pumps (Heating, Cooling and Hot Water) – A Global Market Overview ’ provides an in-depth analysis of heat pumps. The report also exclusively analyzes the Air-Air heat pumps segment, along with the illustration of global and regional markets for Ground Source heat pumps and Air-Water heat pumps. Bolstered by increasing consumer preference for more environmental friendly and energy efficiency, the demand for heat pumps is anticipated to grow at a robust rate. The phenomenon is well backed by energy policies, regulations and incentives by the government. Among various types of heat pump technologies, gas driven, hybrid and Co2 heat pumps are expected to gain the market share in the coming years. Since CO2 heat pumps offer a climate and ozone friendly and energy efficient technology alternative, demand for these heat pumps h...