Heat Pump Market Overview: Heat Pump Market size was valued at USD 64.02 billion in 2023 and is projected to reach USD 147.29 billion by 2032, growing at a CAGR of 9.7% from 2024 to 2032. A heat pump is a tool that transfers warmth from one vicinity to another, generally used for heating and cooling in residential and industrial packages. It works by means of extracting warmth from the air,...