MR Releases Heat Pump Market Study-- Estimates year-over-year growth of 10 percent in 2019

According to a recently published report by Fact.MR, the worldwide sales of heat pumps reached 11 million units in 2018, which are estimated to record a year-over-year growth of about 10 percent in 2019. Gains in the heat pump market are prominently underpinned by the continued consumer quest for ecological alternative to conventional heating systems. The report also suggests that the thriving trend of decarbonizing buildings, aiming at the zero-carbon future, will continue to significantly contribute to the robust increase in market revenues.