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Europe Heat Pump Brazed Plate Heat Exchangers Market Trends

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

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Europe Heat Pump Brazed Plate Heat Exchanger Market Trends

The Europe heat pump brazed plate heat exchangers market is poised for Prominent growth owing to significant technological advancements in several heat pump systems. The varying climatic conditions across different European regions, together with elevating pollution levels and the impacts of global warming, have amplified the need for enhanced innovations in heat pump technologies. Growing demand for energy efficiency, adoption of renewable energy sources and systems, emphasis on sustainable technologies that help to reduce carbon footprints has created new opportunities for manufacturers operating in the brazed plate heat pump heat exchangers market.

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.