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Heat Pump Laundry Dryer Rotary Compressors Market Analysis

  • Report ID: GMI11480
  • Published Date: Sep 2024
  • Report Format: PDF

Heat Pump Laundry Dryer Rotary Compressors Market Analysis

Single speed segment is anticipated to grow over USD 350 million by 2032. Rising demand for energy-efficient systems along with shifting inclination of consumers and industries prioritizing sustainability and cost savings, will accelerate the product adoption. Growing integration of heat pumps in both residential and commercial laundry dryer systems for reducing energy consumption will accelerate the product deployment. Favorable initiatives by the manufacturers to introduce innovative technologies to boost the efficiency and durability of these systems and regulatory frameworks for energy efficiency are complementing the industry growth.
 

Europe Heat Pump Laundry Dryer Rotary Compressors Market Size, 2022 - 2032 (USD Million)

The R134A refrigerant rotary heat pump compressors industry is set to grow at a CAGR of over 7.5% through 2032. The rising energy costs, growing environmental awareness, and ongoing technological advancements in laundry dryer heat pumps will complement the industry landscape. Paradigm shift towards integration of smart technologies with heat pump systems and focus on decarbonization, will positively influence the business dynamics. Consumers are increasingly favoring energy-efficient solutions, making R134A refrigerant popular for its low environmental impact and the integration of advanced technologies for better performance and user convenience will accelerate the heat pump deployment.
 

Europe Heat Pump Laundry Dryer Rotary Compressors Market Size, 2022 - 2032 (USD Million)

Europe heat pump laundry dryer rotary compressors market is anticipated to grow over USD 350 million by 2032. Rising demand for energy-efficient appliances, promising environmental benefits coupled with cost savings and inclination toward reducing carbon emissions will complement the business landscape. For instance, the EU has revised Energy Performance of Buildings Directive and Energy Efficiency Directive, to achieve a high energy-efficient and decarbonized building stock by 2050, enabling consumers and businesses to make energy-saving decisions. Moreover, ongoing integration of advanced smart technologies along with shifting consumers and businesses preference toward prioritizing eco-friendly solutions, will proliferate the Europe heat pump industry size.

Authors: Ankit Gupta, Divyendu Sharma

Frequently Asked Questions (FAQ) :

Heat pump laundry dryer rotary compressors industry size was valued at USD 231 million in 2023 and is projected to attain a growth rate 8.7% through 2032, driven by the rising adoption of energy-efficient HVAC systems, coupled with a heightened focus on overall energy efficiency.

The R134A refrigerant segment is set to grow at a CAGR of over 7.5% through 2032, due to the rising energy costs, growing environmental awareness, and ongoing technological advancements.

Europe heat pump laundry dryer rotary compressors industry is anticipated to surpass USD 350 million by 2032, due to the rising demand for energy-efficient appliances, promising environmental benefits coupled with cost savings and inclination toward reducing carbon emissions.

Copeland, Danfoss, Frascold, GMCC and Welling, GREE Electric, LG Electronics, Mayekawa, Mitsubishi Electric, Panasonic Industry, and RECHI Precision among others.

Heat Pump Laundry Dryer Rotary Compressors Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 28
  • Countries covered: 19
  • Pages: 75
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