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The rotary heat pump compressors industry is anticipated to witness significant growth owing to growing need for energy-efficient heating and cooling systems and shifting focus on replacing traditional technologies from energy efficient systems. Rapidly growing construction industry and the increased use of heat pumps across various sectors will augment the industry outlook. Government regulations aimed at reducing carbon emissions and improving building efficiency are also contributing to the industry growth.
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.
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 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.
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.