Home > Industrial Machinery > HVAC > Heat Pumps > Hydronic Heat Pump Compressors Market

Hydronic Heat Pump Compressors Market Trends

Report ID: GMI11513
Published Date: Sep 2024
Report Format: PDF

Download Free Sample

Hydronic Heat Pump Compressors Market Trends

The hydronic heat pump compressors industry is set to grow, driven by rising demand for hot water and space heating in building infrastructure and the increasing adoption of energy-efficient technologies in both residential and commercial sectors. Various manufacturers are making investments for the development and expansion of their production facilities to produce advanced technological systems, further augmenting business dynamics. The company is revamping an existing facility specifically to produce twin-rotary variable capacity heat pump compressors. Stringent regulations implemented by respective authorities to curb emissions, and with supportive initiatives promoting heat pump deployment will augment the industry outlook.

Authors: Ankit Gupta, Divyendu Sharma

Frequently Asked Questions (FAQ) :

The market size of hydronic heat pump compressors was worth over USD 8.7 billion in 2023 and is set to grow at 16% CAGR through 2032, due to the rise of sustainable buildings.

The space heating segment in the hydronic heat pump compressors market is set to cross over USD 14.8 billion by 2032, owing to the rising adoption of reliable and efficient space heating solutions.

Europe hydronic heat pump compressors market is anticipated to reach USD 18.9 billion by 2032, backed by the varying climatic conditions.

BITZER, Carrier, Carel Industries, Copeland, Daikin, Danfoss, Frascold, Johnson Controls - Hitachi Air Conditioning Company, LG Electronics, Mayekawa, Midea Group (GMCC & Welling), and Panasonic