Cold Climate Air Source Heat Pump Market Size, Share, Forecast 2033

The Global Cold Climate Air Source Heat Pump Market is expected to reach USD 1.51 Billion by 2032, at a CAGR of 10.8% during the forecast period 2023 to 2032.A cold climate air source heat pump (ASHP) is a highly efficient heating and cooling system designed to operate effectively in cold weather conditions. Unlike traditional heat pumps that struggle in low temperatures, a cold climate ASHP is specifically engineered to extract heat from the outdoor air, even when temperatures drop below freezing.