Global Condensing Unit Market is Growing with a CAGR of 8.7% in the Forecast Period of 2022 to 2029

Global Condensing Unit Market is growing with factors such as growing demand of condensing units in commercial and industrial sectors in the developing economies, rising demand for improved quality condensing units for various applications and increasing growth of the retail sector.

However, stringent environmental regulations on refrigerants used will limit the market growth.

Global Condensing Unit Market Scenario                              

According to Data Bridge Market Research, the market for global condensing unit in Asia-Pacific has the highest market share. Market leader is Carrier which accounts an estimated market share of approximately 10.00% in the global market. The company has gained outstanding sale by providing novel condensing unit.

  • In December 2021, Carrier received recognition from AHR Expo Innovation Awards. This award has helped the company to attract more

Condensing Unit MarketTrends Impacting the Market

Now the question is which other regions Carrier, Emerson Electric Co. and Danfoss are targeting? Data Bridge Market Research has forecasted a large growth in Asia-Pacific condensing unit market and the market leaders targeting China and Japan to be their next pocket revenue for 2021.

The condensing unit market is becoming more competitive with companies such as Carrier, Emerson Electric Co. and Danfoss as they are the market leaders for condensing unit market. The Data Bridge Market Research new reports highlight the major growth factors and opportunities in the condensing unit market.

For more analysis on the global condensing unit market request for a briefing with our analysts

Condensing Unit Market Developments

  • In August 2021, Danfoss completed US$3.3 billion acquisition of Eaton’s hydraulics business. This acquisition has helped the company in regional expansion
  • In March 2021, BITZER Kühlmaschinenbau GmbH has collaborated with The Beijer Ref Group. This has helped the company to extend the global distribution of BITZER products in local markets

Scope of the Condensing Unit Market

Global condensing unit market is segmented on the basis of countries into the U.S., Canada, Mexico, Germany, France, Italy, U.K., Spain, Switzerland, Russia, Netherlands, Belgium, Ireland, Turkey, Rest of Europe, China, Japan, India, Australia & New Zealand, South Korea, Singapore, Thailand, Malaysia, Philippines, Indonesia, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, U.A.E, Israel, Egypt and Rest of Middle East and Africa.

All country based analysis of road safety market is further analyzed based on further segmentation. On the basis of type, the condensing unit market is segmented into the air-cooled condensing unit, water cooled condensing unit and evaporative condensing unit. On the basis of function, the condensing unit market is segmented into the air conditioning, heat pump, refrigeration, and others. On the basis of refrigerant type, the condensing unit market is segmented into the fluorocarbons, hydrocarbons, inorganics and others. On the basis of compressor technology, the condensing unit market is segmented into reciprocating, hermetic, semi-hermetic, open, rotary, scroll, rotary vane, screw, centrifugal and others. On the basis of application, the condensing unit market is segmented into the high temperature, medium temperature and low temperature. On the basis of end user, the condensing unit market is segmented into the residential, commercial and industrial.

To know more about the study

Key Pointers Covered in Condensing Unit Market Industry Trends and Forecast To 2029

  • Market Size
  • Top to Bottom Market Analysis
  • Recent Developments for Market Competitors
  • Recent Market Value for Different Countries
  • Market value and over view of condensing unit market
  • Company profiling of top eight players of condensing unit market

Key Market Competitors Covered in the Report

  • Emerson Electric Co.
  • Carrier
  • Danfoss
  • Heatcraft Worldwide Refrigeration
  • BITZER Kühlmaschinenbau GmbH
  • Dorin S.p.A.
  • FreezeIndia
  • Howe Corporation
  • Hussmann Corporation
  • Blue Star Limited.
  • MTA S.p.A.
  • National Comfort Products.
  • SCM Frigo S.p.A.
  • GEA Group Aktiengesellschaft
  • Tecumseh Products Company
  • Prijai Heat Exchangers Pvt. Ltd.
  • KeepRite Refrigeration
  • Voltas, Inc.

Above are the key players covered in the report, to know about more and exhaustive list of condensing unit companies’, contact us

Research Methodology: Global Condensing Unit Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

  • Demand Side: Manufacturer, Pathologists, Healthcare Industry, Scientists, Research Laboratories
  • Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

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