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Bosch is also systematically exploiting growth opportunities in the area of heating technology. Although the heat-pump market stagnated across Europe in 2023, Bosch was able to grow its business by almost 50 percent. In the years ahead, the supplier of technology and services will continue to grow significantly faster than the market in this segment. There’s additional sales potential in hybrid heating systems: a combination of a heat pump for basic operation and a gas-fired boiler for peak loads. Such systems enable the efficient decarbonization of millions of existing buildings.
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