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Europe Industrial Heat Pump Market worth $300 Million by 2027, Says Global Market Insights Inc. Europe Industrial Heat Pump Industry is set register more than 6% CAGR between 2021 and 2027, owing to soaring energy demand across the industries. Selbyville, Delaware, April 08, 2021 (GLOBE NEWSWIRE) The Europe Industrial Heat Pump Market is expected to surpass USD 300 Million by 2027, as reported in the latest study by Global Market Insights Inc. Ongoing regulatory measures toward energy optimization across industrial premises to reduce the operational costs which will surge the industrial heat pump demand substantially. Closed cycle absorption heat pumps segment is set to witness a substantial growth in the forecast period, owing to its ability to deliver higher temperature lift by utilizing a two-component working fluid. Ability to be customized for combined cooling and heating applications, constant energy performance even at higher temperature lifts are some of the prominen

United statesArun hegdeEmerson electric coGlobal market insights incEurope industrial heat pump industryIndustrial heat pump marketGlobal market insightsThermax limitedClosed cycle mechanical heat pumpOpen cycle thermocompression heat pumpClosed cycle absorption heat pumpDistrict heatingIndustry analysis reportCountry outlookApplication potentialCompetitive market share