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Europe Commercial Air to Water Heat Pump Market Size

  • Report ID: GMI10461
  • Published Date: Jul 2024
  • Report Format: PDF

Europe Commercial Air to Water Heat Pump Market Size

Europe Commercial Air to Water Heat Pump Market was valued at USD 2.8 billion in 2023 and is projected to attain a CAGR of 21.4% between 2024 and 2032. The growing inclination towards integration of advanced energy systems with less carbon footprint to stimulate the industry growth.

 

Moreover, continuous efforts by key regional administrations to increase the renewable energy share in the heating & cooling operations to unveil new opportunities for the industry landscape. For instance, in March 2024, European Environment Agency (EEA) reported that the renewable energy sources attributed about 23% out of total energy consumption in 2022 across the EU, increasing from about 21.9% in 2021.
 

Authors: Ankit Gupta, Divyendu Sharma

Frequently Asked Questions (FAQ) :

The market size of Europe commercial air to water heat pump was worth about USD 2.8 billion in 2023 and is anticipated to register 21.4% CAGR between 2024 and 2032, owing to growing measures to reduce the dependency on fossil fuels and diminish carbon emissions.

Europe commercial air to water heat pump industry from the education segment will record USD2.5 billion by 2032, owing to the introduction of stern building energy codes, establishment of new infrastructures, and flexible heating and cooling operations.

Germany commercial air to water heat pump industry is projected to reach USD 7 billion by 2032, on account of the growing concerns to reduce the dependency on fossil fuels to power heating and cooling systems.

Bosch Thermotechnology Corp., Carrier Corporation, Clade Engineering Systems Ltd, Clivet S.p.A., Daikin, Fujitsu General, and Guangdong Shunde OSB Environmental Technology Co., Ltd., among others.

Europe Commercial Air to Water Heat Pump Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 14
  • Tables & Figures: 12
  • Countries covered: 17
  • Pages: 95
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