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TechNavio's analysts forecast the Heat Pump market in China to grow at a CAGR of 27.66 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing demand for air source heat pumps. The Heat Pump market in China has also been witnessing the increase in awareness about the latest technology. However, the need for high initial investment could pose a challenge to the growth of this market.
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