Heat Pump Water Heater Market Set to Reach $3.4 Billion by 2033
The heat pump water heater market is booming and is expected to keep growing at a rate of 7.9% every year until 2033. By that time, it’s predicted to be worth a whopping $3.4 billion, a big jump from the $1.6 billion it was valued at in 2023. This surge in demand is because people […]
Heat Pump Water Heater Market Set to Reach US$ 3.4 Billion by 2033
During the forecast period, the demand for heat pump water heaters is experiencing a significant surge, with an expected CAGR of 7.9%. The market is projected to reach a valuation of US$ 3.4 billion by 2033, which is a substantial increase from the current US$ 1.6 billion in 2023. This growth can be attributed to […]