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Heat Pump Laundry Dryer Rotary Compressors Market Trends

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

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Heat Pump Laundry Dryer Rotary Compressors Market Trends

Heat pump laundry dryer rotary compressors industry is set to witness significant growth driven by shifting focus on energy efficiency and environmental benefits, optimize temperature and airflow, and rising demand for energy-saving solutions. Stringent environmental regulations are accelerating the adoption of greener technologies and help reducing carbon footprint is boosting the product demand.

For instance, in November 2023, the European Commission introduced new Energy Labelling & Ecodesign rules for residential tumble dryers including heat pump technology-based systems, to decrease energy consumption and improve repairability across all the new units, effective from July 1^st, 2025. Moreover, advancements in compressor technology and smart features to enhance performance along with favorable regulatory frameworks will favor the rotary heat pump compressors industry growth.

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.