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Europe Reciprocating Heat Pump Compressors Market Share
Major manufacturers are expanding their market presence through strategic agreements, partnerships, collaborations, and mergers & acquisitions, aiming to gain a competitive edge. GEA Group Aktiengesellschaft, Copeland LP, Danfoss, Panasonic Industry, LG Electronics and Johnson Controls hold the major market share across the Europe reciprocating heat pump compressors industry.
Europe Reciprocating Heat Pump Compressors Market Companies
Major players operating across the industry include:
- BITZER
- CAREL INDUSTRIES
- Copeland
- Danfoss
- Dorin
- FRASCOLD
- GEA Group
- Johnson Controls
- LG Electronics
- MAYEKAWA
- Panasonic
- Secop
- SRM Italy
- Tecumseh Products Company LLC
What is the size of Europe reciprocating heat pump compressors industry?
Europe reciprocating heat pump compressors market size was valued at USD 1.5 billion in 2023 and is estimated to grow at 17.6% CAGR from 2024 to 2032 owing to the rising demand for heating and cooling system.
Why is the demand for air source reciprocating heat pump compressors growing in Europe?
The air source segment in the Europe reciprocating heat pump compressors market is set to grow at over USD 6.7 billion by 2032 due to the increasing demand for space heating.
How big is the Germany reciprocating heat pump compressors industry?
Germany reciprocating heat pump compressors market is set to exceed USD 2.3 billion by 2032 backed by the supportive government policies aimed at promoting energy-efficient technologies.
Mention the key players involved in the Europe reciprocating heat pump compressors industry?
BITZER, CAREL INDUSTRIES, Copeland, Danfoss, Dorin, FRASCOLD, GEA Group, Johnson Controls, LG Electronics, MAYEKAWA, Panasonic, Secop, SRM Italy, and Tecumseh Products Company LLC