India Industrial Heat Pump Market Synopsis
Industrial Heat Pump Market In India witnessed moderate growth during the period 2017-2019 as a result of the rising efforts by the industrial sector to reduce the costs of energy and environmental effects due to the emission of large amounts of carbon from industrial processes. Installation of heat pumps in the industrial sector has emerged as a viable option to save energy and reduce carbon footprint. Further, the continued government support in the form of initiatives and policies such as the “Make in India” initiative gave a boost to the manufacturing sector in the country, which in turn, bolstered the demand for industrial heat pumps in India during the recent past.
According to 6Wresearch, India Industrial Heat Pump Market size is projected to grow at a CAGR of 13.6% during 2021-2027. Industries are giving more emphasis on cost efficiency, and energy efficiency and making efforts to reduce their carbon footprints which would propel the demand for industrial heat pumps in the coming years with the rising applications in several industries including pharmaceutical, chemical, and food & beverage.
Key Highlights of the Report
- India Industrial Heat Pump Market Overview
- India Industrial Heat Pump Market Outlook
- India Industrial Heat Pump Market Forecast
- Historical Data and Forecast of India Industrial Heat Pump Market Revenues for the Period 2017-2027.
- Historical Market Data and Forecast of Revenues, by Types for the Period 2017-2027.
- Historical Market Data and Forecast of Revenues, by Rated Capacity for the Period 2017-2027.
- Historical Market Data and Forecasts of Revenues, by Compressor Types, for the Period 2017-2027.
6Wresearch is the premier, one stop market intelligence and advisory center, known for its best in class business research and consulting activity. We provide industry research reports and consulting service across different industries and geographies which provide industry players an in-depth coverage and help them in decision making before investing or enter into a particular geography.
Contact Us: Phone: +911143024305 | Email Id: email@example.com