The global Heat Pump Market is expected to grow from an estimated USD 90.1 billion in 2024 to USD 157.8 billion by 2029, at a CAGR of 11.8% during the forecast period. The heat pump market in the US is experiencing significant growth driven by increasing awareness about energy efficiency, government incentives for renewable energy adoption, and the need to reduce carbon emissions. Heat pumps offer an efficient alternative for heating and cooling residential, commercial, and industrial spaces, making...