Global Heat Pump Water Heater Forecast to 2028 with Panasonic, LG, Johnson Controls-Hitachi Air Conditioning, Mitsubishi Electric and Trane Dominating [Yahoo! Finance]
Trane Technologies plc (TT)
Company Research
Source: Yahoo! Finance
Type (Air-to-Air, Air-to-Water, Water Source, Geothermal, Hybrid), Storage Tank (Up to 500 L, 500-1,000 L, Above 1,000 L), Refrigerant Type (R410A, R407C, R744), Rated Capacity, End User Region - Forecast to 2028" report has been added to ResearchAndMarkets.com's offering. The global heat pump water heater market is estimated to grow from USD 5.2 billion in 2023 to USD 10.2 billion by 2028; it is expected to record a CAGR of 14.4% The growing demand for heat pump water heaters can be attributed to an increase in awareness for sustainable development. Consumers are becoming more environmentally conscious and are seeking energy-efficient and sustainable heating solutions. The majority of governments around the globe are implementing various policies and schemes to promote the adoption of energy-efficient technologies, including heat pump water heaters. These supportive regulations have helped to drive the market's growth and increase consumer interest in sustainable and green heatin
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News
- Trane Technologies plc (NYSE: TT) had its price target raised by analysts at JPMorgan Chase & Co. from $247.00 to $300.00. They now have a "neutral" rating on the stock.MarketBeat
- Trane Technologies plc (NYSE: TT) had its price target raised by analysts at Wells Fargo & Company from $281.00 to $295.00. They now have an "underweight" rating on the stock.MarketBeat
- Trane Technologies to Present at the Bank of America Transportation, Airlines, and Industrials ConferenceBusiness Wire
- Trane Technologies plc (NYSE: TT) had its price target raised by analysts at TD Cowen from $325.00 to $360.00. They now have a "buy" rating on the stock.MarketBeat
- Trane Technologies plc (NYSE: TT) had its price target raised by analysts at Citigroup Inc. from $355.00 to $366.00. They now have a "buy" rating on the stock.MarketBeat
TT
Earnings
- 4/30/24 - Beat
TT
Sec Filings
- 4/30/24 - Form S-3ASR
- 4/30/24 - Form 10-Q
- 4/30/24 - Form 8-K
- TT's page on the SEC website