The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including Air Source Heat Pump Market.
It was estimated prior to this unanticipated outbreak Air Source Heat Pump Market will reach CAGR of 5% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.
Air Source Heat Pump Market Insights
Air Source Heat Pump market is likely to witness an impressive CAGR of 5% during the forecast period. The major driving factor bolstering the demand for air source heat pump is favorable regulatory framework along with clean cooling & heating programs to encourage the adoption of conventional Heating, Ventilation, and Air Conditioning (HVAC) units.
Market Share Analysis
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