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Scroll Heat Pump Compressors Market Share

  • Report ID: GMI5804
  • Published Date: May 2023
  • Report Format: PDF

Scroll Heat Pump Compressors Market Share

Major players operating in the scroll heat pump compressors market are making strategic alliances and partnerships to strengthen their market presence and are focusing on mergers and acquisitions to hold a competitive edge over the others. For instance, in March 2023, Danfoss completed the acquisition of compressor manufacturer BOCK GmbH. With this acquisition, the company aims to expand its portfolio to include diverse range of heat pump compressors while enhancing their market foothold.

Key manufacturers in the industry include

  • Danfoss
  • Emerson Electric Co.
  • Panasonic Industry Co., Ltd.
  • LG Electronics
  • Samsung
  • Mitsubishi Electric Corporation
  • InvoTech Scroll Technologies Co., Ltd.
  • Siam Compressor Industry Co., Ltd.
Authors: Ankit Gupta, Divyendu Sharma

Frequently Asked Questions (FAQ) :

The market size of scroll heat pump compressors exceeded USD 5.3 billion in 2022 and will register 15% CAGR during 2023 to 2032, due to product benefits such as high efficiency, compact size, cost-effective and reliable operation.

Air source applications held more than 91% of the scroll heat pump compressors industry share in 2022, owing to the component’s wide ranging integration in residential and commercial operations with the ability to offer both heating & cooling from the same system.

Europe scroll heat pump compressors sector crossed a valuation of USD 1.4 billion in 2022 and is growing with a surge in demand for space heating and cooling systems due to variations in climatic conditions.

Some of the major players in global scroll heat pump compressors business landscape include Daikin Industries, Ltd., Johnson Controls-Hitachi Air Conditioning Company, Atlas Capco AB, Mitsubishi Electric Corporation and Panasonic Industry Co., Ltd., among others.

Scroll Heat Pump Compressors Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 12
  • Tables & Figures: 321
  • Countries covered: 24
  • Pages: 235
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