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C&M: Chinese industry for heat pump to be driven by need for a reduction of greenhouse gases

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Heat Pump Market in China 2014-2018 - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-03-18 08:51:02
The Heat Pump market in China is to grow at a CAGR of 27.86 percent over the period 2013-2018. One of the key factors contributing to this market growth is the need for a reduction of greenhouse gases. The Heat Pump market in China has also been witnessing the increasing awareness of the latest technology. However, the need for high initial investment could pose a challenge to the growth of this market.

Increasing awareness about the latest technological developments is one of the major trends in the Heat Pump market in China. Several organizations in China started creating awareness regarding the latest technological developments and the benefits of implementing heat pumps in various buildings such as industrial buildings, commercial buildings, and residential buildings. Thus, several vendors in the Heat Pump market in China exhibit their products at exhibitions and air their advertisements across the television channels. Further, they also conduct road shows in several cities across the developing provinces in China.

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