Heavy Duty Heat Pump Market to grow at a 2.3% CAGR through 2031
Global heavy duty heat pump sales are set to be valued at US$ 454.9 Mn in 2021, with a stable long-term projection, according to latest insights from Future Market Insights (FMI), an ESOMAR-certified research and consulting firm. The report estimates the global heavy duty heat pump market to grow at nearly 2.9% during 2021-2031. The report offers analysis in 20+ high-growth markets, providing detailed insights on how the heavy duty heat pump market will evolve in the next decade. Demand for heavy duty heat pumps was moderate in 2020 due to COVID scenario. However, considering the possibility of a stimulus in many countries, the long-term outlook on the market remains positive. The commercial sector currently accounts for the leading share of the market. Growth will continue as applications increase in data centers, district heating and cooling, and buildings. Request a free sample to obtain authentic analysis and comprehensive market insights at- https://www.futuremarketinsights.c