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Rotary Heat Pump Compressors Market Size

Report ID: GMI7615
Published Date: Nov 2024
Report Format: PDF

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Rotary Heat Pump Compressors Market Size

The global rotary heat pump compressors market was valued at USD 2 billion in 2024 and is estimated to grow at a CAGR of 13.3% from 2025 to 2034. Rising demand for energy-efficient heating & cooling solutions across various applications along with favorable government initiatives, encouraging the adoption of eco-friendly technologies including heat pumps is complementing the industry landscape.

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Growing inclination to reduce carbon emissions across coupled with stringent energy efficiency mandates by respective authorities will positively impact the business dynamics. For instance, in May 2024, the U.S. Department of Energy introduced new energy efficiency standards for large commercial air conditioners and heat pumps. These updated regulations aim to enhance energy conservation in compliance with legal requirements.

Rotary Heat Pump Compressors Market Report Attributes
Report Attribute	Details
Base Year:	2024
Rotary Heat Pump Compressors Market Size in 2024:	USD 2 Billion
Forecast Period:	2025 – 2034
Forecast Period 2025 – 2034 CAGR:	13.3%
2025 – 2034 Value Projection:	USD 7 Billion
Historical Data for:	2021 – 2023
No. of Pages:	100
Tables, Charts & Figures:	28
Segments covered:	Product, and Region
Growth Drivers:	Rising demand for space heating & cooling technologies Favorable regulatory environment for the deployment of energy efficient technologies Introduction of beneficial incentive programmes for heat pump deployment
Pitfalls & Challenges:	High drilling associated cost

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Authors: Ankit Gupta, Divyendu Sharma

Frequently Asked Questions (FAQ) :

The global market for rotary heat pump compressors was reached USD 2 billion in 2024 and is estimated to grow at a 13.3% CAGR from 2025 to 2034, driven by the rising demand for energy-efficient heating and cooling solutions.

The air source segment is projected to reach USD 6.4 billion by 2034, driven by increasing demands for reliable and efficient heating, cooling, and hot water systems in both residential and commercial sectors.

The U.S. rotary heat pump compressors market is forecasted to hit USD 840 million by 2034, fueled by the increasing demand for reliable, low-emission cooling and heating systems and supportive energy-efficient policies.

Major players operating across the industry include Carel, Carrier, Daikin, Danfoss, Glen, Johnson Controls, LG, Mayekawa, Midea, Panasonic, Rechi, Samsung, Secop, Siam Compressor, and Tecumseh.