Heat Pump Market to Surpass USD 150.3 billion by 2035

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2025-10-17 14:43:37 -

The global heat pump market is projected to grow from USD 56.9 billion in 2025 to approximately USD 150.3 billion by 2035, recording an absolute increase of USD 93.2 billion over the forecast period. This translates into a total growth of 163.8%, with the market forecast to expand at a compound annual growth rate (CAGR) of 10.2% between 2025 and 2035. This expansion underscores the...

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