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The global heat pumps market is estimated to record a substantial CAGR of 7.8% during the forecast period (2020-2026). With the demand for meeting zero energy emissions by 2050, the HVAC industry is witnessing a rapid phase lift where COP and SEER ratings are being increased to meet modern requirements.
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The global heat pumps market is estimated to record a substantial CAGR of 7.8% during the forecast period (2020-2026). With the demand for meeting zero energy emissions by 2050, the HVAC industry is witnessing a rapid phase lift where COP and SEER ratings are being increased to meet modern requirements. The heat pump associations of various regions are working in full swing to develop policies and frameworks that can eventually lead to higher penetration of heat pumps within a decade. As relying on electricity can be more favorable than other sources like coal and gas, cleaner power generation through solar and hydrothermal electricity coupled with heat pumps are considered the next big opportunity in the HVAC industry. To Request a Sample of our Report on Global Heat Pumps Market : https://www.omrglobal.com/request-sample/heat-pumps-market The global heat pumps market suffered a slowdown on account of the COVID-19 crisis as most of the economic activities were halted in 2020, especially during Q1 and Q2 2020. The pandemic has enforced corporates, building owners, and project designers to re-assess the costs associated with operational items including lighting, electricity, waste management, energy efficiency, utility bills, air quality, cooling requirements, and much more. As a result of the assessment, the evolution and transmission of buildings into a sustainable hub for optimized well-being for employees and owners is expected which can lead to better adoption of products like heat pumps in the coming years. The upcoming project designs might be also more flexible, climate-friendly, and efficient. (Get 15% Discount on Buying this Report) Browse for Full Report Description at : https://www.omrglobal.com/industry- reports/heat-pumps-market Market Coverage The market number available for – 2019-2026 Base year- 2019 Forecast period- 2020-2026 Segment Covered- by Product Type, Capacity and End-user Regions Covered- North America, Europe, Asia-Pacific, Rest of the World Competitive Landscape- Carrier Corp., Daikin Industries, Ltd.; Mitsubishi Electric Corp., NIBE Industrier AB, and Danfoss A/S. Global Heat Pumps Market Report Segment By Product Type Air Source Water Source Ground Source
By Capacity <10KW 10KW-20KW >20W By End-user Commercial Industrial Residential Global Heat Pumps Market Report Segment North America United States Canada Europe Germany United Kingdom France Spain Italy Rest of Europe Asia-Pacific China Japan India Rest of Asia-Pacific Rest of the World Reasons to Buying From us – 1. We cover more than 15 major industries, further segmented into more than 90 sectors. 2. More than 120 countries are for analysis. 3. Over 100+ paid data sources mined for investigation. 4. Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/heat-pumps-market About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. Media Contact: Contact Person: Mr. Anurag Tiwari Email: anurag@omrglobal.com Contact no: +91 780-304-0404 Company Name: Orion Market Research