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8.3 EUROPE
2017/03/30
Reported by the Association of European Refrigeration Component Manufacturers (ASERCOM)
The refrigeration compressor market in 2016 was rather flat overall. The most promising sector was the heat pump sector. It developed better overall, especially concerning the markets in France, Germany, and Sweden. This trend in general might become a stable growth since all the EU targets for energy efficiency, renewable energy, and reduction of CO2 emission are supported by heat pumps as a solution, especially in new built residential housing.
 
Stock keeping was kept at a minimum since the market faced too many uncertainties concerning the future choice of refrigerants -the phase-down prescribed in the F-gas regulation pushes all players to lower global warming potential (GWP) refrigerants, but the choice per market segment is not always very clear.
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