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Growth in the world heat pump market in 2014

Japan remains the biggest market worldwide, in terms of value, reaching around USD 1.4 billion in 2014.
The latest research from BSRIA shows that the increase was driven by positive growth rates recorded in Europe and in North America. Meanwhile in Asia the market was curbed by the slowdown of the Chines economy and an increase in competition leading to the increased pressure in prices in Japan...

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