Geothermal Heat Pump Market to Cross the Coveted 100-Billion-Dollar Mark by 2024
The tremendous governmental pressure to adopt renewable energy sources will drive Geothermal Heat Pump Market. The rising depletion of fossil fuels and the never-ending requirement of energy across the world has necessitated the adoption of alternative energy sources. Geothermal heat pumps primarily transfer heat to or from the ground, using the heat absorbed by the Earth from the Sun. They are extremely useful for space heating in areas that lack geothermal energy sources. Subject to the rising requirement for efficient...
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