Home > Industrial Machinery > HVAC > Heat Pumps > Europe Scroll Heat Pump Compressors Market
Europe Scroll Heat Pump Compressors Market Size
- Report ID: GMI10440
- Published Date: Jul 2024
- Report Format: PDF
Europe Scroll Heat Pump Compressors Market Size
Europe Scroll Heat Pump Compressors Market was valued at USD 1.9 billion in 2023 and is set to grow at CAGR of 21.9% from 2024 to 2032. Growing emphasis on energy-efficient HVAC systems together with adoption of enhanced technological systems, will complement the business landscape.
Stringent regulations toward limiting the emissions, along with the favorable initiatives by the respective authorities for the adoption of clean energy technologies is set to augment the business dynamics. For instance, the UK government upgraded the Boiler Upgrade Scheme, from October 2023 until March 2028, offering grants of USD 9,600 (GBP 7,500) to support the switch from fossil fuel heating to low-carbon systems like heat pumps and biomass boilers.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Europe Scroll Heat Pump Compressors Market Size in 2023: | USD 1.9 Billion |
| Forecast Period: | 2024 - 2032 |
| Forecast Period 2024 - 2032 CAGR: | 21.9% |
| 2032 Value Projection: | USD 11.9 Billion |
| Historical Data for: | 2021 - 2023 |
| No. of Pages: | 65 |
| Tables, Charts & Figures: | 12 |
| Segments covered: | Application and Country |
| Growth Drivers: |
|
| Pitfalls & Challenges: |
|
Frequently Asked Questions (FAQ) :
Europe Scroll Heat Pump Compressors Market Scope
