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Air Source Heat Pump Compressors Market Share

Report ID: GMI8617
Published Date: Mar 2024
Report Format: PDF

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Air Source Heat Pump Compressors Market Share

The air source heat pump compressors industry has observed the continuous initiatives by various scale local, regional, and global participants. The companies are competing based on a wide range of factors including product quality, reliability, energy efficiency, innovation, and customer service. In addition, market dynamics and technological advancements along with the diversification in the product portfolios continue to shape the industry competition.

Air Source Heat Pump Compressors Market Companies

Some of the leading air source heat pump compressors industry players are:

Atlas Copco
BITZER Group
CAREL INDUSTRIES S.p.A.
Carrier
Daikin
Danfoss
Embraco LLC
Emerson Electric Co
GREE ELECTRIC APPLIANCES, INC
Guangzhou SPRSUN New Energy Technology Development Co., Ltd.
JOHNSON CONTROLS - HITACHI AIR CONDITIONING COMPANY
LG Electronics
Midea Group
Mitsubishi Electric Corporation
Panasonic

Authors: Ankit Gupta, Divyendu Sharma

Frequently Asked Questions (FAQ) :

The market size of air source heat pump compressors was reached USD 12.6 billion in 2023 and is set to experience a CAGR of 14.4% through 2032, driven by the rapidly shifting consumer preference regarding efficient HVAC systems.

Scroll compressors segment held a robust share in air source heat pump compressor industry in 2023 and is set to surpass USD 21 billion by 2032, driven by the growing demand for energy-efficient HVAC systems and continuous technological enhancements.

Asia Pacific air source heat pump compressor industry projected to cross USD 14 billion by 2032, driven by the rapid rate of industrialization coupled with mounting investments to boost the production & application potential of compressor units.

Atlas Copco, BITZER Group, CAREL INDUSTRIES S.p.A., Carrier, Daikin, Danfoss, Embraco LLC, Emerson Electric Co, GREE ELECTRIC APPLIANCES, INC, Guangzhou SPRSUN New Energy Technology Development Co., Ltd. are some of the major industry contenders.