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Europe Scroll Heat Pump Compressors Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032

Publisher Global Market Insights
Published Jul 27, 2024
Length 65 Pages
SKU # GMI19127038

Description

Europe Scroll Heat Pump Compressors Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032


Europe scroll heat pump compressors market size is anticipated to witness a 21.9% CAGR between 2024 and 2032 driven by the surging demand for energy-efficient heating and cooling solutions.

As European nations work to adhere to strict environmental regulations and curtail carbon emissions, there is an intensified focus on technologies that bolster energy efficiency. This drive towards greener buildings, alongside retrofitting existing ones with energy-efficient systems, amplifies the demand for these compressors. For example, in July 2024, Danfoss unveiled three new and expanded compressor ranges tailored for comfort and industrial heat pumps, specifically targeting large-capacity industrial applications.

Innovative designs and materials are also boosting the performance of scroll heat pump compressors, making them increasingly appealing for both residential and commercial uses. Additionally, European government incentives and subsidies for renewable energy and energy-efficient technologies will further promote product uptake.

The overall industry is divided into application, and country.

Based on application, the Europe scroll heat pump compressors market size from the ground source segment is slated to witness significant growth during 2024-2032 driven by the rising adoption of geothermal heating and cooling systems. Ground source heat pumps, which utilize the earth's stable temperatures for efficient energy transfer, greatly benefit from the high efficiency and reliability of scroll compressors. Moreover, these compressors excel in the continuous operation and fluctuating load conditions characteristic of ground source applications.

France scroll heat pump compressors industry is anticipated to accrue a notable CAGR through 2032 backed by a strong commitment to energy efficiency and sustainability, supported by government policies and regulations promoting green building practices. The strong focus on reducing carbon emissions and transitioning to renewable energy sources in the country is fueling the demand for advanced heat pump systems, including scroll compressors to offer high efficiency and reliability. The growing renovation and construction of energy-efficient residential and commercial buildings, coupled with incentives and subsidies for renewable energy technologies may further boost regional market growth.

Table of Contents

65 Pages
Chapter 1 Methodology and Scope
1.1 Market definitions
1.2 Base estimates and calculations
1.3 Forecast calculation
1.4 Data sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid
1.4.2.2 Public
Chapter 2 Industry Insights
2.1 Industry ecosystem analysis
2.2 Regulatory landscape
2.3 Industry impact forces
2.3.1 Growth drivers
2.3.2 Industry pitfalls and challenges
2.4 Growth potential analysis
2.5 Porter's analysis
2.5.1 Bargaining power of suppliers
2.5.2 Bargaining power of buyers
2.5.3 Threat of new entrants
2.5.4 Threat of substitutes
2.6 PESTEL analysis
Chapter 3 Competitive Landscape, 2024
3.1 Strategic outlook
3.2 Innovation and sustainability landscape
Chapter 4 Market Size and Forecast, By Application, 2021 – 2032, (USD Million)
4.1 Key trends
4.2 Air source
4.3 Ground source
4.4 Water source
Chapter 5 Market Size and Forecast, By Country, 2021 - 2032, (USD Million)
5.1 Key trends
5.2 Austria
5.3 Norway
5.4 Denmark
5.5 Finland
5.6 France
5.7 Germany
5.8 Italy
5.9 Switzerland
5.10 Spain
5.11 Sweden
5.12 UK
5.13 Netherlands
Chapter 6 Company Profiles
6.1 BITZER
6.2 Carrier
6.3 CAREL INDUSTRIES S.p.A.
6.4 DAIKIN INDUSTRIES, Ltd.
6.5 Danfoss
6.6 Emerson Electric Co.
6.7 InvoTech Scroll Technologies Co., Ltd.
6.8 JOHNSON CONTROLS - HITACHI AIR CONDITIONING COMPANY
6.9 LG Electronics
6.10 Mitsubishi Electric Corporation
6.11 Panasonic Industry Co., Ltd.
6.12 Samsung
6.13 Tecumseh Products Company LLC

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