Heat Pump Water Heater Market May See a Big Move with Major Giants Panasonic, LG Electronics, Mitsubishi, Trane

The global heat pump water heater market is projected to reach USD 10.2 billion by 2028 from an estimated USD 5.2 billion in 2023, at a CAGR of 14.4% during the forecast period. Technological advancements, environmental concerns, energy efficiency goals, and regulatory policies accelerate the …