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Europe Air Source Heat Pump Compressors Market Share

Report ID: GMI10775
Published Date: Aug 2024
Report Format: PDF

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Europe Air Source Heat Pump Compressors Market Share

Key companies operating in the Europe air source heat pump compressors industry are consolidating their market presence through strategic collaborations, partnerships, and mergers & acquisitions, as they actively seek to enhance their competitive position. Danfoss, Carrier, DAIKIN, BITZER, LG Electronics and CAREL collectively holds the significant market share.

Europe Air Source Heat Pump Compressors Market Companies

Key industry players operating across industry include:

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

Authors: Ankit Gupta, Manish Dhiman

Frequently Asked Questions (FAQ) :

The market size for air source heat pump compressors in Europe reached USD 4.3 billion in 2023 and is set to grow at 19.5% CAGR during 2024 to 2032, led by growing demand for energy efficient heating.

The scroll segment is anticipated to exceed USD 11 billion by 2032, on account of growing demand for energy-efficient air source heat pump systems heating & cooling solutions.

Germany market is anticipated to surpass USD 7 billion by 2032, driven by variations in climatic conditions across various geographies.

BITZER Group, Carrier, CAREL INDUSTRIES S.p.A., Copeland LP, Danfoss, Daikin, Embraco LLC, Guangzhou SPRSUN New Energy Technology Development Co., Ltd. among others.