Rotary Heat Pump Compressors Market Size – By Product, Analysis, Share, Growth Forecast, 2025 - 2034

Rotary Heat Pump Compressors Market Size

The global rotary heat pump compressors market size in 2024 was valued at USD 2 billion and is estimated to grow at a CAGR of 13.3% from 2025 to 2034. Increasing need for energy saving heating and cooling solutions in various sectors alongside encouraging government strategies focused at enhancing the use of clean technologies such as heat pumps is bolstering the industry outlook.
 

The increasing requirement to cut carbon emissions alongside growing energy efficiency requirements of different governments will benefit the industry’s future. For example, new energy efficiency regulations for large commercial air conditioners and heat pumps were issued by the U.S. DoE in May 2024. These new regulations are designed to improve energy efficiency while conforming to the law.

Rotary Heat Pump Compressors Market Trends

Driven by the growing need for energy-efficient heating and cooling systems alongside new goals to substitute current technologies with energy-efficient systems, the rotary heat pump compressors market is expected to grow significantly. With construction activities expanding along with the increasing incorporation of heat pumps across different types of industries, this market will be further propelled. Regulations that primarily seek to lower carbon emissions and improve a building’s effective functioning are positively impacting the market as well.
 

For instance, the EU introduced in April 2024 two pieces of legislation that reduce building emission rates by requiring a new Building Energy Performance directive to be followed. All new buildings constructed after the directive will have to be carbon neutral by 2030. This regulation will apply to existing structures by 2050, but it will first be enforced on public buildings starting in 2028.
 

Rotary Heat Pump Compressors Market Analysis

Air source segment is anticipated to grow over USD 6.4 billion by 2034. The domestic and commercial sectors observed an escalated requirement for dependable and effective heating, cooling, and hot water systems is going to positively impact the product’s marketing strategies. The factors including a focus on saving energy and cutting GHG emissions, along with ongoing innovation and government funding for better heating and cooling technologies will positively support the business environment. The widespread adoption of air source heat pumps across various temperature ranges and applications for indoor comfort is set to boost air source heat pump deployment.
 

Ground source heat pump segment is set to grow driven by increasing adoption of these units across residential, commercial, and industrial applications for efficient heating and cooling along with incorporation of advanced compressor technologies is augmenting the industry outlook. Increasing adoption of these units for their minimal environmental impact, high efficiency, and versatility in heating various building types will positively influence the business dynamics. The heightened emphasis on policies and financial aid, primarily through government support, combined with a reduction of carbon emissions and the need for energy efficient technology, is the primary reason this industry is experiencing growth.
 

U.S. rotary heat pump compressors market is set to grow over USD 840 million by 2034. There is a growing need for dependable and low-emission cooling & heating systems, as well as governmental policies that support energy-efficient technologies is boosting the business environment. The regular expansion of residential and commercial construction, in conjunction with mandated thermic regulation, will serve to further promote product deployment.
 

The building of new residential and non-residential structures and the encouraging policies on the utilization of heat pumps. For example, in August 2024, the U.S. DoE declared funding of USD 85 million for four electric HP manufacturers. This investment will allow for production to be ramped up at five different plants spread across four states. This, in addition to increasing domestic electric heat pump, water heater, and component manufacturing, will also enhance the output of clean energy technologies.
 

Rotary Heat Pump Compressors Market Share

Major players in the rotary heat pump compressor industry are refining their research and development approaches, expanding their product ranges, and integrating advanced, sustainable technologies. Prominent players are in a tough contest, moving toward advanced technology adoption, and dealing with ever increasing regulatory frameworks. There are Danfoss, Midea Group, LG, Panasonic, Samsung, Daikin, among other market leaders who are focused on designing low cost and reliable products.
 

Rotary Heat Pump Compressors Market Companies

Major players operating across the industry include:

• Carel
• Carrier
• Daikin
• Danfoss
• Glen
• Johnson Controls
• LG
• Mayekawa
• Midea
• Panasonic
• Rechi
• Samsung
• Secop
• Siam Compressor
• Tecumseh
   

Rotary Heat Pump Compressors Industry News

• In July 2024, Mitsubishi Electric U.S. planned to invest USD 143.5 million to convert a plant in Maysville, Kentucky into a heat pump compressor production line. The investment is expected to create 122 new jobs during the first phase. This will also be the first site in the country for advanced twin-rotary variable capacity compressors. This expansion is expected to increase the supply of energy-efficient heating and cooling systems in the US and provide relief to American homeowners in terms of comfort and energy costs. This project is part of Mitsubishi’s partnership with Trane Technologies with an aim of increasing local manufacturing of important components of HP systems.
   
• In January 2024, Tecumseh unveiled its latest compressor and system offerings at the AHR Expo 2024, held in Chicago, U.S. The company's new product line focuses on low-GWP refrigerants for commercial refrigeration and heat pump applications. Tecumseh introduced A2L-ready heat pump rotary compressors, eCompressors for mobile cooling and condensing units. Additionally, it has also added support of the Brazilian manufactured rotary compressors to R454B refrigerant and is scheduled to include R32 models as well. The product is available in several orientations that make manufacturers have more flexibility in design. This is Tecumseh's commitment to innovation in creating environmentally friendly and adaptive cooling solutions in diversifying industrial needs.
   

The rotary heat pump compressors market research report includes in-depth coverage of the industry with estimates & forecast in terms of “’000 Units” and “USD Million” from 2021 to 2034, for the following segments:

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Market, By Product

• Air Source
• Ground Source
• Water Source

The above information has been provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Norway
  • France
  • Germany
  • Italy
  • Switzerland
  • Spain
  • Sweden
  • UK
  • Netherlands
• Asia Pacific
  • China
  • Japan
  • Australia
  • South Korea
• Middle East & Africa
  • Saudi Arabia
  • Türkiye
  • South Africa
• Latin America
  • Brazil
  • Mexico
  • Argentina