Home > Industrial Machinery > HVAC > Heat Pumps > Europe Variable Speed Heat Pump Market

Europe Variable Speed Heat Pump Market Share

Report ID: GMI10774
Published Date: Aug 2024
Report Format: PDF

Download Free Sample

Europe Variable Speed Heat Pump Market Share

The variable speed heat pump industry is characterized by intense competition driven by several factors including technological innovation, product efficiency, and regulatory compliances, among others. The leading manufacturers including Carrier, Daikin, Mitsubishi Electric, Panasonic, and Trane, among others are striving to develop more energy-efficient & cost-effective solutions while engaging in strategic partnerships, mergers, and acquisitions to enhance their competitive edge.

Europe Variable Speed Heat Pump Market Companies

Key industry players operating across industry include:

AERMEC S.P.A.
Advantix S.p.A.
Carrier
Clivet S.p.A.
Daikin
FUJITSU GENERAL
GE Appliances
Guangzhou SPRSUN New Energy Technology Development Co., Ltd.
Johnson Controls
Lennox International Inc.
Mitsubishi Electric
Panasonic Corporation
Rhoss S.p.a.
Rinnai
STIEBEL ELTRON GmbH & Co. KG
Trane

Authors: Ankit Gupta, Divyendu Sharma

Frequently Asked Questions (FAQ) :

The market size for variable speed heat pump in Europe reached USD 12.6 billion in 2023 and is set to register 19.2% CAGR between 2024 to 2032, owing to growing demand for energy-efficient heating and cooling systems and the increasing emphasis on limiting emissions.

Europe variable speed heat pump industry from the residential segment will record USD 44 billion by 2032, due to the accelerating investments for housing infrastructure development and rising living standards.

Germany market size to reach USD 21 billion by 2032, owing to rapid technological advancements and increasing awareness of the long-term cost benefits of heat pumps.

AERMEC S.P.A., Advantix S.p.A., Carrier, Clivet S.p.A., Daikin, FUJITSU GENERAL, GE Appliances, Guangzhou SPRSUN New Energy Technology Development Co., Ltd., Johnson Controls, and Lennox International Inc, among others.