Global Heat Pump Market Size to Reach USD 136.2 Billion by 2034, Driven by Increased Investments and Energy Efficiency Regulations | Future Market Insights, Inc.

Future Market Insights United States of America United Kingdom

Rising Demand for High Energy Efficiency Products Boosts Sales in the Heat Pump Market. FMI Highlights Key Trends Observed in 35+ Countries.The United States is expected to grow at an 8.9% CAGR over the projected period, reaching USD 19.4 billion in 2034.Heat pumps, integrated with Internet of Things (IoT) technology, offer remote diagnostics, real-time monitoring, and predictive maintenance capabilities. Smart thermostats, interacting with water heating systems, are vital components of IoT-enabled heat pumps. These pumps are gaining traction across various industries.| YouTube

Logo: https://mma.prnewswire.com/media/1197648/3531122/FMI_Logo.jpg

 

View original content:https://www.prnewswire.co.uk/news-releases/global-heat-pump-market-size-to-reach-usd-136-2-billion-by-2034--driven-by-increased-investments-and-energy-efficiency-regulations--future-market-insights-inc-302200680.html

@ prnewswire.co.uk