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Key participants involved in the reversible heat pump market scenario are:
These firms are engaging in product innovation and organic business tactics, such as partnerships and acquisitions, to gain a competitive edge in the industry.
Recently, in March 2023, Viessmann, a manufacturer of heating and refrigeration systems, launched Vitocal 250-A and Vitocal 252-A, a novel series of air-to-water heat pumps designed to modernize oil and gas heating systems projects. These units can be installed in lesser time and are not required to redesign floor heating or the heating system.