The global condensing unit market is likely to be valued at US$ 40.607 billion in 2023 and is estimated to garner US$ 76.944 billion. From 2023 to 2033, the market is likely to exhibit a CAGR of 6.6%. The major factor strengthening the market growth for condensing units is its increasing demand for food production and services.
Growing demand for the replacement of industrial refrigeration systems owing to the demand for energy-efficient, low-operating-cost condensing units is a significant factor anticipated to strengthen the market growth for condensing units further.
The rising infrastructure expenditure, increasing demand for condensing units from several sectors like cold storage and food and beverage processing, and refrigerated warehouses are a few other vital factors likely to expand the growth of the global condensing unit market during the forecast period.
Condensing Unit Industry (From 2018 to 2022)
Attribute | Details |
---|---|
CAGR | 5.6% |
Market Size - 2018 | US$ 30.923 billion |
Market Size - 2022 | US$ 38.454 billion |
Condensing Unit Industry (From 2023 to 2033)
Attribute | Details |
---|---|
CAGR | 6.6% |
Market Size - 2023 | US$ 40.607 billion |
Market Size - 2033 | US$ 76.944 billion |
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From 2018 to 2022, the condensing unit market expanded significantly, owing to rising demand for energy-efficient cooling solutions and technical improvements. During this time, the condensing unit business expanded significantly, with increased installations in a variety of sectors including commercial, residential, and industrial. Moreover, the condensing unit manufacturers focus on innovation, producing smart and connected condensing units to meet the changing needs of customers.
The condensing unit industry is predicted to shift from a growth phase to a booming phase between 2023 and 2033. Moreover, stringent energy-efficiency standards, rising environmental concerns, and the adoption of sustainable cooling solutions may surge demand for condensing units. Emerging markets and technological improvements in refrigeration systems may spur market expansion, opening up new potential for condensing unit manufacturers.
Growing Demand for Condensing Units in Business and Industrial Sectors to Boost the Market
The expansion of end-use sectors in developing countries, such as supermarkets and retail chains, owing to the increase in per capita disposable income of consumers and their changing lifestyles is expected to make a significant contribution to the expansion of the market during the forecast period. There are a few key factors anticipated to strengthen the development of the global condensing unit market in the coming time including:
Manufacturers are taking various initiatives to expand the market size. For instance,
Implementation of Stringent Environment Laws on Refrigerants to Hamper the Market Growth
Increasing usage of refrigerants has contributed to global warming and ozone layer depletion. As per a few studies, by 2050, about 25% of global warming may be caused by air conditioning. Thus, to regulate the growing air pollution, various countries have deployed rules to control it.
Under Section 608 of the Clean Air Act, EPA prohibits individuals from knowingly venting refrigerants containing ozone-depleting refrigerants (including HCFC-22) as well as their substitutes (such as HFCs, including R-410A), while maintaining, servicing, repairing, or disposing of AC and refrigeration equipment. Such factors are expected to hamper the market growth in the coming time.
Ongoing Technological Development in Condensing Units to Offer Remunerative Opportunities
Growing demand for condensing units owing to technological development is likely to offer remunerative opportunities to the market during the forecast period. The introduction of advanced models such as the Copeland Scroll XJ Series for outdoor applications is likely to make the market interactive. Also, the advent of efficient condensing units may lead to a reduction in their replacement requirements, thus acting as a key contributor to the growth of the condensing unit market.
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Segment | Product Type |
---|---|
Segment Name | Air-cooled |
Market Share - 2023 | 65.00% |
Segment | Refrigerant Type |
---|---|
Segment Name | R404A |
Market Share - 2023 | 22.90% |
Low Maintenance of Air-Cooled Condensing Units to Increase their Demand
The air-cooled condensing units segment is expected to dominate the global condensing unit industry during the forecast period. This can be attributed to the easy installation and low maintenance features. Additionally, rapid industrialization offers significant opportunities for the use of high-performance air-cooled condensing units in developing regions.
R404A has been the popular refrigerant in the condensing unit industry. Due to its effective cooling capabilities, R404A is widely utilized in refrigeration and air conditioning systems. In response to environmental concerns, there is a significant shift toward green refrigerants.
Green refrigerants such as R134a, R407A/R407C/R407F, and R22 replacements are gaining popularity due to their low global warming potential (GWP) and ozone depletion potential (ODP). As sustainability becomes important, demand for green refrigerants is projected to rise, potentially changing the condensing unit market in the future years.
Industrial end-use applications have emerged as the key demand driver in the condensing unit industry. Further, condensing units are in high demand due to the industrial sector's need for dependable and effective cooling solutions to ensure optimal working conditions in factories, warehouses, and manufacturing facilities.
Large-scale cooling requirements in industrial applications frequently necessitate large-capacity units. Moreover, the need to minimize operating costs, manage energy consumption, and provide constant cooling performance in industrial settings has positioned this sector as a significant growth driver in the condensing unit market.
Country | Market CAGR (From 2023 to 2033) |
---|---|
China | 6.10% |
India | 6.70% |
The United Kingdom | 5.80% |
The Presence of Established Players in the Region benefits the Market
According to the analysis, North America is expected to dominate the global condensing unit market during the forecast period. The United States is likely to make the maximum contribution to strengthening the industry. In 2023, the region is expected to secure 27.4% of global revenue. Domination of the region can be attributed to the presence of established players in the region taking various initiatives.
This product launch has helped the company to widen its product portfolio across the region. Such factors are expected to aid market expansion in the forecast period.
Increasing Demand for Condensing Units in Commercial and Industrial Sectors to Escalate the Market in Europe
According to the analysis, Europe is likely to be the second-largest market during the forecast period. In 2023, the region is anticipated to claim 20.5% of the global revenue. This can be attributed to the growing demand for condensing units in commercial and industrial sectors.
The players in the region are taking various initiatives to expand their reach in the region which is likely to benefit the regional industry in the coming time.
It was expected to offer direct-expansion evaporators as of January 2020. The expansion helped the company meet the rising demand for condensing units in Europe.
Increasing Demand for Ready-to-Cook Food to Spur the Market
As per the analysis, Asia Pacific is anticipated to be a significantly-growing market during the forecast period. This can be attributed to the presence of various developing countries experiencing a rise in disposable income, resulting in enhanced demand for ready-to-cook food.
Developing countries like India, China, Japan, and others, are likely to make the most significant contribution to strengthening the regional market.
Country | Market Share (2023) |
---|---|
The United States | 25.50% |
Germany | 7.80% |
Japan | 9.10% |
Australia | 7.10% |
CleverHeat (Philippines), Alaz Arima (Spain), Fenagy (Denmark), Reftronix (Denmark), and Delta Development Team (USA), among others, are some of the emerging entities in the global condensing unit industry.
New condensing unit manufacturers adopt modern technologies, which are expected to strengthen the industry in the assessment period.
The lack of any moving parts in the system increases its efficiency and removes the effects of friction. Alas, Arima’s technology finds applications in the cooling of electrical equipment such as inverters and charging stations.
The growing demand for air conditioning systems in China is driving the growth of the Condensing Unit Market in the region. The FGD (Fluorinated Greenhouse Gases) phasedown policy in China is also driving the demand for more efficient air conditioning systems, which require condensing units.
The increasing demand for energy-efficient buildings in Germany is driving the demand for condensing units. The HJK (High Efficiency Kilowatt) standard for air conditioning systems in Germany is also driving the demand for more efficient condensing units.
The booming IT sector is necessitating the adoption of condensing units to cool data centers. The increasing demand for energy-efficient buildings is also driving the adoption of condensing units.
The United States held 25% of the global market share in 2022.
The Asia Pacific region is projected to witness a CAGR of 6.6% through 2033.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Analysis 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Analysis 2018 to 2022 and Forecast 2023 to 2033, By Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Type, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Type, 2023 to 2033
5.3.1. Air-Cooled
5.3.2. Water Cooled
5.3.3. Fan Cooled
5.4. Y-o-Y Growth Trend Analysis By Type, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Type, 2023 to 2033
6. Global Analysis 2018 to 2022 and Forecast 2023 to 2033, By Refrigerant Type
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Refrigerant Type, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Refrigerant Type, 2023 to 2033
6.3.1. R404A
6.3.2. R134a
6.3.3. R407A/R407C/R407F
6.3.4. R507A or R22
6.3.5. Green Refrigerants
6.4. Y-o-Y Growth Trend Analysis By Refrigerant Type, 2018 to 2022
6.5. Absolute $ Opportunity Analysis By Refrigerant Type, 2023 to 2033
7. Global Analysis 2018 to 2022 and Forecast 2023 to 2033, By Compressor Technology
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Compressor Technology, 2018 to 2022
7.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Compressor Technology, 2023 to 2033
7.3.1. Reciprocating
7.3.2. Hermetic
7.3.3. Semi-Hermetic
7.3.4. Open
7.3.5. Rotary
7.3.6. Scroll
7.3.7. Rotary Vane
7.3.8. Screw
7.3.9. Centrifugal
7.4. Y-o-Y Growth Trend Analysis By Compressor Technology, 2018 to 2022
7.5. Absolute $ Opportunity Analysis By Compressor Technology, 2023 to 2033
8. Global Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application
8.1. Introduction / Key Findings
8.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Application , 2018 to 2022
8.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Application , 2023 to 2033
8.3.1. High-Temperature
8.3.2. Medium Temperature
8.3.3. Low Temperature
8.4. Y-o-Y Growth Trend Analysis By Application , 2018 to 2022
8.5. Absolute $ Opportunity Analysis By Application , 2023 to 2033
9. Global Analysis 2018 to 2022 and Forecast 2023 to 2033, By End Use
9.1. Introduction / Key Findings
9.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By End Use, 2018 to 2022
9.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By End Use, 2023 to 2033
9.3.1. Residential
9.3.2. Commercial
9.3.3. Industrial
9.4. Y-o-Y Growth Trend Analysis By End Use, 2018 to 2022
9.5. Absolute $ Opportunity Analysis By End Use, 2023 to 2033
10. Global Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
10.1. Introduction
10.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2018 to 2022
10.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2023 to 2033
10.3.1. North America
10.3.2. Latin America
10.3.3. Western Europe
10.3.4. Eastern Europe
10.3.5. South Asia and Pacific
10.3.6. East Asia
10.3.7. Middle East and Africa
10.4. Market Attractiveness Analysis By Region
11. North America Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
11.2.1. By Country
11.2.1.1. U.S.
11.2.1.2. Canada
11.2.2. By Type
11.2.3. By Refrigerant Type
11.2.4. By Compressor Technology
11.2.5. By Application
11.2.6. By End Use
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Type
11.3.3. By Refrigerant Type
11.3.4. By Compressor Technology
11.3.5. By Application
11.3.6. By End Use
11.4. Key Takeaways
12. Latin America Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
12.2.1. By Country
12.2.1.1. Brazil
12.2.1.2. Mexico
12.2.1.3. Rest of Latin America
12.2.2. By Type
12.2.3. By Refrigerant Type
12.2.4. By Compressor Technology
12.2.5. By Application
12.2.6. By End Use
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Type
12.3.3. By Refrigerant Type
12.3.4. By Compressor Technology
12.3.5. By Application
12.3.6. By End Use
12.4. Key Takeaways
13. Western Europe Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
13.2.1. By Country
13.2.1.1. Germany
13.2.1.2. U.K.
13.2.1.3. France
13.2.1.4. Spain
13.2.1.5. Italy
13.2.1.6. Rest of Western Europe
13.2.2. By Type
13.2.3. By Refrigerant Type
13.2.4. By Compressor Technology
13.2.5. By Application
13.2.6. By End Use
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Type
13.3.3. By Refrigerant Type
13.3.4. By Compressor Technology
13.3.5. By Application
13.3.6. By End Use
13.4. Key Takeaways
14. Eastern Europe Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
14.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
14.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
14.2.1. By Country
14.2.1.1. Poland
14.2.1.2. Russia
14.2.1.3. Czech Republic
14.2.1.4. Romania
14.2.1.5. Rest of Eastern Europe
14.2.2. By Type
14.2.3. By Refrigerant Type
14.2.4. By Compressor Technology
14.2.5. By Application
14.2.6. By End Use
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Type
14.3.3. By Refrigerant Type
14.3.4. By Compressor Technology
14.3.5. By Application
14.3.6. By End Use
14.4. Key Takeaways
15. South Asia and Pacific Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
15.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
15.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
15.2.1. By Country
15.2.1.1. India
15.2.1.2. Bangladesh
15.2.1.3. Australia
15.2.1.4. New Zealand
15.2.1.5. Rest of South Asia and Pacific
15.2.2. By Type
15.2.3. By Refrigerant Type
15.2.4. By Compressor Technology
15.2.5. By Application
15.2.6. By End Use
15.3. Market Attractiveness Analysis
15.3.1. By Country
15.3.2. By Type
15.3.3. By Refrigerant Type
15.3.4. By Compressor Technology
15.3.5. By Application
15.3.6. By End Use
15.4. Key Takeaways
16. East Asia Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
16.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
16.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
16.2.1. By Country
16.2.1.1. China
16.2.1.2. Japan
16.2.1.3. South Korea
16.2.2. By Type
16.2.3. By Refrigerant Type
16.2.4. By Compressor Technology
16.2.5. By Application
16.2.6. By End Use
16.3. Market Attractiveness Analysis
16.3.1. By Country
16.3.2. By Type
16.3.3. By Refrigerant Type
16.3.4. By Compressor Technology
16.3.5. By Application
16.3.6. By End Use
16.4. Key Takeaways
17. Middle East and Africa Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
17.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
17.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
17.2.1. By Country
17.2.1.1. GCC Countries
17.2.1.2. South Africa
17.2.1.3. Israel
17.2.1.4. Rest of MEA
17.2.2. By Type
17.2.3. By Refrigerant Type
17.2.4. By Compressor Technology
17.2.5. By Application
17.2.6. By End Use
17.3. Market Attractiveness Analysis
17.3.1. By Country
17.3.2. By Type
17.3.3. By Refrigerant Type
17.3.4. By Compressor Technology
17.3.5. By Application
17.3.6. By End Use
17.4. Key Takeaways
18. Key Countries Analysis
18.1. U.S.
18.1.1. Pricing Analysis
18.1.2. Market Share Analysis, 2022
18.1.2.1. By Type
18.1.2.2. By Refrigerant Type
18.1.2.3. By Compressor Technology
18.1.2.4. By Application
18.1.2.5. By End Use
18.2. Canada
18.2.1. Pricing Analysis
18.2.2. Market Share Analysis, 2022
18.2.2.1. By Type
18.2.2.2. By Refrigerant Type
18.2.2.3. By Compressor Technology
18.2.2.4. By Application
18.2.2.5. By End Use
18.3. Brazil
18.3.1. Pricing Analysis
18.3.2. Market Share Analysis, 2022
18.3.2.1. By Type
18.3.2.2. By Refrigerant Type
18.3.2.3. By Compressor Technology
18.3.2.4. By Application
18.3.2.5. By End Use
18.4. Mexico
18.4.1. Pricing Analysis
18.4.2. Market Share Analysis, 2022
18.4.2.1. By Type
18.4.2.2. By Refrigerant Type
18.4.2.3. By Compressor Technology
18.4.2.4. By Application
18.4.2.5. By End Use
18.5. Germany
18.5.1. Pricing Analysis
18.5.2. Market Share Analysis, 2022
18.5.2.1. By Type
18.5.2.2. By Refrigerant Type
18.5.2.3. By Compressor Technology
18.5.2.4. By Application
18.5.2.5. By End Use
18.6. U.K.
18.6.1. Pricing Analysis
18.6.2. Market Share Analysis, 2022
18.6.2.1. By Type
18.6.2.2. By Refrigerant Type
18.6.2.3. By Compressor Technology
18.6.2.4. By Application
18.6.2.5. By End Use
18.7. France
18.7.1. Pricing Analysis
18.7.2. Market Share Analysis, 2022
18.7.2.1. By Type
18.7.2.2. By Refrigerant Type
18.7.2.3. By Compressor Technology
18.7.2.4. By Application
18.7.2.5. By End Use
18.8. Spain
18.8.1. Pricing Analysis
18.8.2. Market Share Analysis, 2022
18.8.2.1. By Type
18.8.2.2. By Refrigerant Type
18.8.2.3. By Compressor Technology
18.8.2.4. By Application
18.8.2.5. By End Use
18.9. Italy
18.9.1. Pricing Analysis
18.9.2. Market Share Analysis, 2022
18.9.2.1. By Type
18.9.2.2. By Refrigerant Type
18.9.2.3. By Compressor Technology
18.9.2.4. By Application
18.9.2.5. By End Use
18.10. Poland
18.10.1. Pricing Analysis
18.10.2. Market Share Analysis, 2022
18.10.2.1. By Type
18.10.2.2. By Refrigerant Type
18.10.2.3. By Compressor Technology
18.10.2.4. By Application
18.10.2.5. By End Use
18.11. Russia
18.11.1. Pricing Analysis
18.11.2. Market Share Analysis, 2022
18.11.2.1. By Type
18.11.2.2. By Refrigerant Type
18.11.2.3. By Compressor Technology
18.11.2.4. By Application
18.11.2.5. By End Use
18.12. Czech Republic
18.12.1. Pricing Analysis
18.12.2. Market Share Analysis, 2022
18.12.2.1. By Type
18.12.2.2. By Refrigerant Type
18.12.2.3. By Compressor Technology
18.12.2.4. By Application
18.12.2.5. By End Use
18.13. Romania
18.13.1. Pricing Analysis
18.13.2. Market Share Analysis, 2022
18.13.2.1. By Type
18.13.2.2. By Refrigerant Type
18.13.2.3. By Compressor Technology
18.13.2.4. By Application
18.13.2.5. By End Use
18.14. India
18.14.1. Pricing Analysis
18.14.2. Market Share Analysis, 2022
18.14.2.1. By Type
18.14.2.2. By Refrigerant Type
18.14.2.3. By Compressor Technology
18.14.2.4. By Application
18.14.2.5. By End Use
18.15. Bangladesh
18.15.1. Pricing Analysis
18.15.2. Market Share Analysis, 2022
18.15.2.1. By Type
18.15.2.2. By Refrigerant Type
18.15.2.3. By Compressor Technology
18.15.2.4. By Application
18.15.2.5. By End Use
18.16. Australia
18.16.1. Pricing Analysis
18.16.2. Market Share Analysis, 2022
18.16.2.1. By Type
18.16.2.2. By Refrigerant Type
18.16.2.3. By Compressor Technology
18.16.2.4. By Application
18.16.2.5. By End Use
18.17. New Zealand
18.17.1. Pricing Analysis
18.17.2. Market Share Analysis, 2022
18.17.2.1. By Type
18.17.2.2. By Refrigerant Type
18.17.2.3. By Compressor Technology
18.17.2.4. By Application
18.17.2.5. By End Use
18.18. China
18.18.1. Pricing Analysis
18.18.2. Market Share Analysis, 2022
18.18.2.1. By Type
18.18.2.2. By Refrigerant Type
18.18.2.3. By Compressor Technology
18.18.2.4. By Application
18.18.2.5. By End Use
18.19. Japan
18.19.1. Pricing Analysis
18.19.2. Market Share Analysis, 2022
18.19.2.1. By Type
18.19.2.2. By Refrigerant Type
18.19.2.3. By Compressor Technology
18.19.2.4. By Application
18.19.2.5. By End Use
18.20. South Korea
18.20.1. Pricing Analysis
18.20.2. Market Share Analysis, 2022
18.20.2.1. By Type
18.20.2.2. By Refrigerant Type
18.20.2.3. By Compressor Technology
18.20.2.4. By Application
18.20.2.5. By End Use
18.21. GCC Countries
18.21.1. Pricing Analysis
18.21.2. Market Share Analysis, 2022
18.21.2.1. By Type
18.21.2.2. By Refrigerant Type
18.21.2.3. By Compressor Technology
18.21.2.4. By Application
18.21.2.5. By End Use
18.22. South Africa
18.22.1. Pricing Analysis
18.22.2. Market Share Analysis, 2022
18.22.2.1. By Type
18.22.2.2. By Refrigerant Type
18.22.2.3. By Compressor Technology
18.22.2.4. By Application
18.22.2.5. By End Use
18.23. Israel
18.23.1. Pricing Analysis
18.23.2. Market Share Analysis, 2022
18.23.2.1. By Type
18.23.2.2. By Refrigerant Type
18.23.2.3. By Compressor Technology
18.23.2.4. By Application
18.23.2.5. By End Use
19. Market Structure Analysis
19.1. Competition Dashboard
19.2. Competition Benchmarking
19.3. Market Share Analysis of Top Players
19.3.1. By Regional
19.3.2. By Type
19.3.3. By Refrigerant Type
19.3.4. By Compressor Technology
19.3.5. By Application
19.3.6. By End Use
20. Competition Analysis
20.1. Competition Deep Dive
20.1.1. Emerson Electric Co.
20.1.1.1. Overview
20.1.1.2. Product Portfolio
20.1.1.3. Profitability by Market Segments
20.1.1.4. Sales Footprint
20.1.1.5. Strategy Overview
20.1.1.5.1. Marketing Strategy
20.1.1.5.2. Product Strategy
20.1.1.5.3. Channel Strategy
20.1.2. Danfoss
20.1.2.1. Overview
20.1.2.2. Product Portfolio
20.1.2.3. Profitability by Market Segments
20.1.2.4. Sales Footprint
20.1.2.5. Strategy Overview
20.1.2.5.1. Marketing Strategy
20.1.2.5.2. Product Strategy
20.1.2.5.3. Channel Strategy
20.1.3. Daikin Applied
20.1.3.1. Overview
20.1.3.2. Product Portfolio
20.1.3.3. Profitability by Market Segments
20.1.3.4. Sales Footprint
20.1.3.5. Strategy Overview
20.1.3.5.1. Marketing Strategy
20.1.3.5.2. Product Strategy
20.1.3.5.3. Channel Strategy
20.1.4. Tecumseh Products Company
20.1.4.1. Overview
20.1.4.2. Product Portfolio
20.1.4.3. Profitability by Market Segments
20.1.4.4. Sales Footprint
20.1.4.5. Strategy Overview
20.1.4.5.1. Marketing Strategy
20.1.4.5.2. Product Strategy
20.1.4.5.3. Channel Strategy
20.1.5. Hussmann Corporation
20.1.5.1. Overview
20.1.5.2. Product Portfolio
20.1.5.3. Profitability by Market Segments
20.1.5.4. Sales Footprint
20.1.5.5. Strategy Overview
20.1.5.5.1. Marketing Strategy
20.1.5.5.2. Product Strategy
20.1.5.5.3. Channel Strategy
20.1.6. Voltas Limited
20.1.6.1. Overview
20.1.6.2. Product Portfolio
20.1.6.3. Profitability by Market Segments
20.1.6.4. Sales Footprint
20.1.6.5. Strategy Overview
20.1.6.5.1. Marketing Strategy
20.1.6.5.2. Product Strategy
20.1.6.5.3. Channel Strategy
20.1.7. Patton Ltd
20.1.7.1. Overview
20.1.7.2. Product Portfolio
20.1.7.3. Profitability by Market Segments
20.1.7.4. Sales Footprint
20.1.7.5. Strategy Overview
20.1.7.5.1. Marketing Strategy
20.1.7.5.2. Product Strategy
20.1.7.5.3. Channel Strategy
20.1.8. BITZER KÜHLMASCHINENBAU GMBH
20.1.8.1. Overview
20.1.8.2. Product Portfolio
20.1.8.3. Profitability by Market Segments
20.1.8.4. Sales Footprint
20.1.8.5. Strategy Overview
20.1.8.5.1. Marketing Strategy
20.1.8.5.2. Product Strategy
20.1.8.5.3. Channel Strategy
20.1.9. Rivacold Value (US$ Million) & Volume (Units)ed Kingdom Ltd
20.1.9.1. Overview
20.1.9.2. Product Portfolio
20.1.9.3. Profitability by Market Segments
20.1.9.4. Sales Footprint
20.1.9.5. Strategy Overview
20.1.9.5.1. Marketing Strategy
20.1.9.5.2. Product Strategy
20.1.9.5.3. Channel Strategy
20.1.10. JINAN RETEK INDUSTRIES INC.
20.1.10.1. Overview
20.1.10.2. Product Portfolio
20.1.10.3. Profitability by Market Segments
20.1.10.4. Sales Footprint
20.1.10.5. Strategy Overview
20.1.10.5.1. Marketing Strategy
20.1.10.5.2. Product Strategy
20.1.10.5.3. Channel Strategy
20.1.11. GEA Group
20.1.11.1. Overview
20.1.11.2. Product Portfolio
20.1.11.3. Profitability by Market Segments
20.1.11.4. Sales Footprint
20.1.11.5. Strategy Overview
20.1.11.5.1. Marketing Strategy
20.1.11.5.2. Product Strategy
20.1.11.5.3. Channel Strategy
20.1.12. Blue Star Limited
20.1.12.1. Overview
20.1.12.2. Product Portfolio
20.1.12.3. Profitability by Market Segments
20.1.12.4. Sales Footprint
20.1.12.5. Strategy Overview
20.1.12.5.1. Marketing Strategy
20.1.12.5.2. Product Strategy
20.1.12.5.3. Channel Strategy
20.1.13. Heatcraft Worldwide Refrigeration
20.1.13.1. Overview
20.1.13.2. Product Portfolio
20.1.13.3. Profitability by Market Segments
20.1.13.4. Sales Footprint
20.1.13.5. Strategy Overview
20.1.13.5.1. Marketing Strategy
20.1.13.5.2. Product Strategy
20.1.13.5.3. Channel Strategy
20.1.14. Embraco LLC
20.1.14.1. Overview
20.1.14.2. Product Portfolio
20.1.14.3. Profitability by Market Segments
20.1.14.4. Sales Footprint
20.1.14.5. Strategy Overview
20.1.14.5.1. Marketing Strategy
20.1.14.5.2. Product Strategy
20.1.14.5.3. Channel Strategy
21. Assumptions & Acronyms Used
22. Research Methodology
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