October 10, 2022 06:00 ET | Source: Market Study Report Market Study Report
Pune, India, Oct. 10, 2022 (GLOBE NEWSWIRE) -- MarketStudyReport recently added report on, global condensing units market is anticipated to register a healthy CAGR of 8% during 2022-2028.
The report carefully analyzes the industry categorization in terms of capacity model, type, functional type, compressor technology, refrigerant type, and end-user. Each segment is independently evaluated at the global, regional, and national levels along with a detailed review of the market’s geographic reach for the forecast period. By investigating the financial position, recent developments, and product offerings of significant participants, the study also highlights the intensity of the competition in this market.
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Rising proliferation of supermarkets & retail chains as a result of increasing disposable income, changing lifestyles, and growing economic outlook of the people worldwide are collectively propelling the expansion of global condensing units market.
A summary of market segmentation:
By capacity model, the market is segmented into up to 20 HP, 20-40 HP, 40-60 HP, 60-80 HP, and more than 80 HP. Based on type, this marketplace is divided into water-cooled condensing units, evaporative condensing units, and air-cooled condensing units. Among these, the air-cooled segment is estimated to witness a significant growth rate during the forecast period, due to rising demand for supermarkets & retail chains, increasing disposable income.
On the basis of functional type, the market covers the analysis of refrigeration, air conditioning, and heat pumps. Of these, the air conditioning segment is predicted to dominate the market in terms of revenue in the coming years, owing to changing lifestyles and growing economic outlook worldwide.
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By compressor technology, worldwide condensing units market is segmented into rotary vane AC compressor, centrifugal AC compressor, crew AC compressor, hermetic AC compressor, reciprocating AC compressor, and others. In terms of refrigerant type, this business sphere is segregated into fluorocarbons, inorganics, and hydrocarbons.
Further, the end-user segment is bifurcated into commercial, residential, industrial, and transportation. Of these, the commercial segment is poised to exhibit a considerable compound annual growth rate during the forecast period.
Credible researchers assert that the market spans across regions such as Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Among these, Asia Pacific market is poised to register notable traction during the assessment timeframe, owing to the steady growth in economies like China, Thailand, India, and Malaysia.
Global condensing units industry is characterized by the presence of a significant number of players including Danfoss A/S, Emerson Electric Co., Daikin Industries Ltd., Hussmann Corporation, Tecumseh Products Company, Voltas Limited, Rivacold SRL, Patton Ltd., MTA S.p.A., Howe Corporation, KeepRite Refrigeration, CCC Holdings Inc., and others.
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Global Condensing Units Market, By Capacity Model (Revenue, USD Million, 2019-2028)
Global Condensing Units Market, By Type (Revenue, USD Million, 2019-2028)
Global Condensing Units Market, By Functional Type (Revenue, USD Million, 2019-2028)
Global Condensing Units Market, By Compressor Technology (Revenue, USD Million, 2019-2028)
Global Condensing Units Market, By Refrigerant Type (Revenue, USD Million, 2019-2028)
Global Condensing Units Market, By End-Use (Revenue, USD Million, 2019-2028)
Global Condensing Units Market, Regional Analysis (Revenue, USD Million, 2019-2028)
Global Condensing Units Market, Competitive Analysis (Revenue, USD Million, 2019-2028)
3.3. Growth Opportunities and Key Strategies
5. Analysis of COVID-19 Impact and Road Ahead
Robust assessment of various factors including industrial performance, industry players' expenditures, economic conditions, among others
6.3. Supply Chain & Value Chain Analysis
8. Global and Regional Market Dynamics
9. Global Condensing Units Market: Pricing Analysis
Global Condensing Unit Market Research Report 2022 Professional Edition
The global Condensing Unit market was valued at 2177.02 Million USD in 2021 and will grow with a CAGR of 4.4% from 2021 to 2027. The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market vendors, types, applications/end users and geography (North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America). Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
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