Heat Pumps Market Research Report 2023-2029

A heat pump is an electrically driven device that extracts heat from a low temperature place, and delivers it to a higher temperature place. They have multiple uses in ventilation, heating and air-conditioning devices that are used for space heating, cooling, etc. Some other application trends that are being observed in the heat pump industry involve the use of heat pumps in appliances such as water heaters, dryers, washing machines, etc.

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