The global heat pump market was valued at USD 94.5 billion in 2025 and is projected to reach USD 200.7 billion by 2033, expanding at a 10.0% CAGR from 2026 to 2033. Revenue is expected to rise from USD 103.0 billion in 2026. Asia Pacific led the global market in 2025 with a 58.0% revenue share, while North America is anticipated to register the fastest growth during the forecast period. The...