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Scroll Heat Pump Compressors Market Size
- Report ID: GMI5804
- Published Date: Aug 2024
- Report Format: PDF
Scroll Heat Pump Compressors Market Size
Scroll Heat Pump Compressors Market was valued at above USD 5.8 billion in 2023 and is anticipated to grow at a CAGR of 16.1% from 2024 to 2032. Rising demand for reliable heating & cooling solutions along with increasing adoption of energy efficient systems across residential and commercial establishments have positively influenced the industry outlook.
Ongoing replacement of traditional heating systems to curb emissions along with favorable initiatives and schemes by the respective authorities toward heat pump deployment will augment the product deployment. For instance, in February 2024, nine states in U.S. signed a MOU to increase sales of heat pumps and set target of 65% of residential heat pump units sales by 2030 to meet heating, cooling & hot water demands.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Scroll Heat Pump Compressors Market Size in 2023: | USD 5.8 Billion |
| Forecast Period: | 2024 to 2032 |
| Forecast Period 2024 to 2032 CAGR: | 16.1% |
| 2032 Value Projection: | USD 22.4 Billion |
| Historical Data for: | 2021 - 2023 |
| No. of Pages: | 75 |
| Tables, Charts & Figures: | 26 |
| Segments covered: | Application and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Scroll Heat Pump Compressors Market Scope
