Rising Demand Drives Slight Growth in UK Refrigerator Compressor Market

The UK market for refrigerator compressors is expected to see a slight increase in demand over the next decade. Driven by rising need for these compressors, the market is predicted to follow an upward trend.

From 2024 to 2035, the market volume is forecast to grow at a very modest compound annual growth rate (CAGR) of 0.1%. By the end of 2035, the total volume is expected to reach 1.5 million units.

In terms of value, the market is expected to grow at a faster pace, with a CAGR of 1.6% during the same period. By 2035, the market value is projected to reach $226 million, based on nominal wholesale prices.

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