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Europe Scroll Heat Pump Compressors Market Trends

Report ID: GMI10440
Published Date: Jul 2024
Report Format: PDF

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Europe Scroll Heat Pump Compressors Market Trends

Europe scroll heat pump compressors industry is set to grow owing to adoption of advanced technologies, growing environmental concerns and introduction of stringent energy efficiency standards. Favorable regulatory landscape for adoption of clear energy technologies along with growing inclination toward replacement of traditional heating & cooling systems will favor the business dynamics. Introduction of enhanced technologies including variable speed compressors together with accelerating investment in environmentally friendly and low emission heating & cooling solutions will complement the industry landscape.

Authors: Ankit Gupta, Manish Dhiman

Frequently Asked Questions (FAQ) :

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.