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Rotary Heat Pump Compressors Market Share

Report ID: GMI7615
Published Date: Dec 2023
Report Format: PDF

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Rotary Heat Pump Compressors Market Share

Major players in the industry are adjusting their research and development strategies, broadening their product portfolios, and incorporating advanced, sustainable technologies. Key manufacturers in the rotary heat pump compressors industry are contending with intense competition, rapid technological advancements, and strict regulatory compliance. Leading manufacturers such as Midea Group, Danfoss, LG Electronics, Panasonic Industry, Samsung, and Daikin, among others, dominate the market share and are focused to create cost-effective and reliable solutions.

Rotary Heat Pump Compressors Market Companies

Key companies actively participating across the industry consist of:

Carel Industries
Carrier
Daikin
Danfoss
Glen Refrigeration
Johnson Controls
LG Electronics
Midea Group
Mayekawa
Panasonic Industry
Rechi Precision
Samsung
Secop
Siam Compressor Industry
Tecumseh Products

Authors: Ankit Gupta, Manish Dhiman

Frequently Asked Questions (FAQ) :

The global market for rotary heat pump compressors was reached USD 1.7 billion in 2023 and is set to grow at a CAGR of 13.8% from 2024 to 2032, driven by increasing demand for efficient heating and cooling solutions.

The air source segment is projected to exceed USD 5 billion by 2032, fueled by the growing need for reliable and efficient heating, cooling, and hot water systems in residential and commercial sectors.

The U.S. market for rotary heat pump compressors is anticipated to surpass USD 750 million by 2032, led by rising demand for reliable cooling and heating systems and favorable policies promoting energy-efficient technologies.

Key companies actively participating in the industry include Carel Industries, Carrier, Daikin, Danfoss, Glen Refrigeration, Johnson Controls, LG Electronics, Midea Group, Mayekawa, Panasonic Industry, Rechi Precision, Samsung, Secop, Siam Compressor Industry, and Tecumseh Products.