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Key companies operating in the industry are consolidating their market presence through strategic collaborations, partnerships, and mergers & acquisitions, as they actively seek to enhance their competitive position. Carrier, Danfoss, DAIKIN INDUSTRIES, Ltd., BITZER, and CAREL INDUSTRIES S.p.A. hold the major market share across the Europe scroll heat pump compressors industry.
Key industry players operating across industry include:
The market size of European scroll heat pump compressors was crossed USD 1.9 billion in 2023 and will grow at 21.9% CAGR through 2032, owing to the rising product developments and higher heating & cooling demand.
The air source segment in the Europe scroll heat pump compressors industry is anticipated to surpass USD 11.5 billion in 2032 due to the rising demand for reliable and efficient space heating.
Germany scroll heat pump compressors market is set to exceed USD 4 billion by 2032 driven by the increasing demand for efficient space heating & cooling solutions.
BITZER, Carrier, CAREL INDUSTRIES S.p.A., DAIKIN INDUSTRIES, Ltd., Danfoss, Emerson Electric Co., and InvoTech Scroll Technologies Co., Ltd. among others.