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Europe Heat Pump Brazed Plate Heat Exchangers Market Size

Report ID: GMI6570
Published Date: Aug 2023
Report Format: PDF

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Europe Heat Pump Brazed Plate Heat Exchangers Market Size

Europe Heat Pump Brazed Plate Heat Exchangers Market was valued at over USD 900 million in 2023 and is set to observe a growth rate of 18.9% during 2024 and 2032, on account of the rising demand for efficient space heating technologies along with the continuous development of residential and commercial establishments. Furthermore, the ongoing replacement of conventional heating systems and their components with more sustainable heat pump units and enhanced technological components to curb carbon emissions will augment the industry outlook.

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Positive outlook towards deployment of sustainable heating & cooling technologies along with the introduction of stringent building energy performance standards for residential, commercial, and industrial building infrastructures will stimulate the Europe heat pump systems installation dynamics, thereby propelling the industry landscape.

Europe Heat Pump Brazed Plate Heat Exchangers Market Report Attributes
Report Attribute	Details
Base Year:	2023
Europe Heat Pump Brazed Plate Heat Exchangers Market Size in 2023:	USD 900 Million
Forecast Period:	2024 to 2032
Forecast Period 2024 to 2032 CAGR:	18.9%
2032 Value Projection:	USD 4.7 Billion
Historical Data for:	2019 to 2023
No. of Pages:	150
Tables, Charts & Figures:	160
Segments covered:	Product and Country
Growth Drivers:	Prevalence of encouraging regulatory framework to support heat pump deployment Growing demand for energy-efficient space heating technologies Positive outlook towards low carbon alternatives Initiatives to boost heat pump manufacturing capabilities
Pitfalls & Challenges:	Availability of other heat pump exchanger technologies

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Authors: Ankit Gupta, Divyendu Sharma

Frequently Asked Questions (FAQ) :

The market size of heat pump brazed plate heat exchangers in Europe was surpassed USD 900 million in 2023 and is set to record 18.9% CAGR from 2024 to 2032, on account of the growing demand for efficient space heating technologies coupled with the ongoing development of residential and commercial establishments.

The evaporators segment of Europe heat pump brazed plate heat exchangers market is expected to record significant growth owing to the increasing preference for reliable, user-friendly, and efficient space heat pump components.

Germany heat pump brazed plate heat exchangers industry recorded USD 106 million in 2022 and is projected to witness considerable growth through 2032. attributed to the advancement of residential and commercial infrastructure alongside favorable economic circumstances.

Danfoss, SWEP International AB, Kelvion Holding GmbH, Paul Muller Company, Sanhua, Xylem, Hexonic LTD, FUNKE WÄRMEAUSTAUSCHER APPARATEBAU GMBH, AIC, Chart Industries, Boyd, UK Exchangers Ltd., HRS Heat Exchangers and BARRIQUAND Group are some of the top companies engaged in the global market.