Europe Air Source Heat Pump Market 2024 Key Players – Daikin, Johnson Control, A.O. Smith, Viessmann, Mitsubishi Electric Corporation, Panasonic, Vaillant
The UK air source heat pump market is anticipated to exceed an annual installation of 30 thousand units by 2024. The industry will witness robust growth on account of recent extensions in Renewable Heat Incentive tariff coupled with strengthening efforts by utility companies toward nationwide expansion of heat pump business. Additionally, the EU in collaboration with respective government introduced energy efficiency measures which will encourage the replacement of traditional heating systems.
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