Heat Pump Market Set for Massive Growth, to Hit USD 67.62 Billion...

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2025-11-05 05:37:34 -

Heat Pump Market Set for Massive Growth, to Hit USD 67.62 Billion by 2032 | DataM Intelligence

The Japan Heat Pump Market is valued at USD 13.38 billion in 2024 and is expected to reach USD 23.17 billion by 2030, with a CAGR of 9.7%. Growth is driven by rising electricity prices, government incentives from the Green Transformation roadmap, and rapid improvements in high-efficiency compressor and heat pump technologies. Air-source systems currently lead the market, while geothermal...

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