Air Source Heat Pump Market in Europe to Surpass $7 Bn by 2024: Bosch, BDR Thermea Group, NIBE, Danfoss, Viessmann, Glen Dimplex
Europe Air Source Heat Pump Market is exceeded to reach USD 7 billion by 2024. Government efforts toward modernization and renovation of existing infrastructure coupled with rising demand for space heating across polar climate regions will drive the business growth. Furthermore, financial support for the development of sustainable buildings will encourage the product demand. The European Investment Bank (EIB) approved funds of around USD 100 million for the construction of zero emission buildings in 2018.
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