electrification

Garrett Motion Delivers Robust 2025 Performance Amid Turbo Strength and Zero-Emission Push, Outlines Steady 2026 Guidance

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Garrett Motion turbocharger technology and zero-emission electric powertrain components on display

Garrett Motion Inc. (Nasdaq: GTX) reported solid full-year 2025 results with net sales reaching $3,584 million, up 3% year-over-year, driven by continued global demand for turbocharging solutions and early momentum in zero-emission technologies. The company posted net income of $310 million, achieved adjusted EBIT of $510 million, and generated $403 million in adjusted free cash … Read more

Global Heat Pump Market to Reach USD 167.4 Billion by 2036 as Electrified Heating Becomes the Global Standard

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Modern heat pump system installed outside a contemporary building, symbolizing global market expansion in electrified heating.

“The global heat pump market stands at USD 61.7 billion in 2026 and is projected to surge to USD 167.4 billion by 2036, achieving a compound annual growth rate of 10.5 percent, fueled by widespread adoption of electrified heating systems, stringent energy efficiency mandates, and the accelerating transition from fossil fuel-based solutions. Dominant segments feature … Read more