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Scroll Heat Pump Compressors Market Trends

Report ID: GMI5804
Published Date: Aug 2024
Report Format: PDF

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Scroll Heat Pump Compressors Market Trends

The scroll heat pump compressors industry is set to grow owing to rising adoption of heat pump units over traditional heating systems along with shifting focus on energy efficiency and limiting emissions. Favorable initiatives by the authorities toward replacement of traditional heating systems along with growing inclination toward enhancing the building infrastructure will augment the industry landscape.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of scroll heat pump compressors was worth about USD 5.8 billion in 2023 and is anticipated to register 16.1% CAGR between 2024 and 2032, driven by increasing adoption of energy efficient systems across residential and commercial establishments.

The air source segment in the scroll heat pump compressors market is expected to reach USD 21 billion by 2032, due to growing energy efficiency emphasis, technological advancements, and continuous improvements in scroll compressor efficiency.

Europe scroll heat pump compressors market is projected to surpass USD 11 billion by 2032, fueled by the rising demand for reliable and efficient space heating, cooling and hot water systems and growing urbanization.

BITZER Group, CAREL INDUSTRIES S.p.A., Carrier, Copeland LP, Daikin, Danfoss, FRASCOLD SPA, GREE ELECTRIC APPLIANCES, INC, JOHNSON CONTROLS - HITACHI AIR CONDITIONING COMPANY, and LG Electronics, among others.