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Europe Commercial Air to Water Heat Pump Market Trends

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

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Europe Commercial Air to Water Heat Pump Market Trends

The introduction of favorable regulatory policies coupled with the introduction of new financial support & subsidy programs by the respective governments will positively cater to the Europe air to water heat pump industry landscape. Numerous countries across the region experiences substantial temperature variations resulting in sub-zero along with hot climatic conditions round the year. In addition, European nations have undergone steep transition towards deployment of environment friendly heat pump systems functioning over a range of temperatures to effectively suffice the heating & cooling demand propelling the heat pump business dynamics.

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.