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U.S. Condensing Unit Market to 2032

Overview

The U.S. Condensing Unit Market is expected to reach a 13.36 USD Billion by 2032 and is projected to grow at a CAGR of 12.42% from 2025 to 2032.

Revenue, 2024 (USD Billion)
6.88
Forecast, 2032 (USD Billion)
13.36
CAGR, 2024 - 2032
12.42%
Report Coverage
U.S.

U.S. Condensing Unit Market 2018-2032 USD Billion

U.S. Condensing Unit Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 6.88 USD Billion
  • Projected Market Size (2032): 13.36 USD Billion
  • CAGR (2025-2032): 12.42%

Key Findings of U.S. Condensing Unit Market

  • The U.S. Condensing Unit Market was valued at 6.88 USD Billion in 2024.
  • The U.S. Condensing Unit Market is likely to grow at a CAGR of 12.42% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Industrial in End User Segment accounted for the largest share of the market with a revenue of 3.82 USD Billion
  • The fastest growing segment Scroll in Compressor Technology Segment grew Fastest with a CAGR of 15.00% during the forecast period from 2024 to 2032.

U.S. Condensing Unit Market Scope

U.S. Condensing Unit Market Segmentation & Scope
Type
  • Evaporative Condensing Unit
  • Water Cooled Condensing Unit
  • Air-Cooled Condensing Unit
Function
  • Heat Pumps
  • Others
  • Refrigeration
  • Air Conditioning
Refrigerant Type
  • Others
  • Hydrocarbons
  • Inorganics
  • Fluorocarbons
End User
  • Residential
  • Commercial
  • Industrial
Compressor Technology
  • Open
  • Others
  • Rotary
  • Rotary Vane
  • Centrifugal
  • Screw
  • Scroll
  • Hermetic
  • Semi-Hermetic
  • Reciprocating
Application
  • Low Temperature
  • Medium Temperature
  • High Temperature

U.S. Condensing Unit Market Data Coverage Insights

Study Period 2024-2032
Base Year 2021
Unit Revenue in USD Billion
Market Value in 2024 6.88 USD Billion
Market Value in 2032 13.36 USD Billion
CAGR (2025-2032) 12.42%
Historic Data 2016-2023
Market Segments Covered Type,Function,Refrigerant Type,End User,Compressor Technology,Application

Regional Insights:

  • Leading Market (2024-2032): U.S., leading in terms of revenue 6.88 USD Billion in 2024
    • Key Country: U.S., leading in terms of revenue with value of 6,881.73 USD Million in 2024.

Segments and Scope

  • U.S. Condensing Unit Market to 2032, By Type
    • Air-Cooled Condensing Unit is the largest segment in U.S. Condensing Unit Market to 2032 with a revenue of 3.11 USD Billion in the year 2024.
    • Air-Cooled Condensing Unit is the Fastest growing segment in U.S. Condensing Unit Market to 2032 with a Growth rate of 13.32 % in forecast period 2025-2032.
  • U.S. Condensing Unit Market to 2032, By Function
    • Air Conditioning is the largest segment in U.S. Condensing Unit Market to 2032 with a revenue of 2.90 USD Billion in the year 2024.
    • Air Conditioning is the Fastest growing segment in U.S. Condensing Unit Market to 2032 with a Growth rate of 13.86 % in forecast period 2025-2032.
  • U.S. Condensing Unit Market to 2032, By Refrigerant Type
    • Fluorocarbons is the largest segment in U.S. Condensing Unit Market to 2032 with a revenue of 3.38 USD Billion in the year 2024.
    • Fluorocarbons is the Fastest growing segment in U.S. Condensing Unit Market to 2032 with a Growth rate of 13.18 % in forecast period 2025-2032.
  • U.S. Condensing Unit Market to 2032, By End User
    • Industrial is the largest segment in U.S. Condensing Unit Market to 2032 with a revenue of 3.82 USD Billion in the year 2024.
    • Industrial is the Fastest growing segment in U.S. Condensing Unit Market to 2032 with a Growth rate of 13.48 % in forecast period 2025-2032.
  • U.S. Condensing Unit Market to 2032, By Compressor Technology
    • Semi-Hermetic is the largest segment in U.S. Condensing Unit Market to 2032 with a revenue of 1.23 USD Billion in the year 2024.
    • Scroll is the Fastest growing segment in U.S. Condensing Unit Market to 2032 with a Growth rate of 14.84 % in forecast period 2025-2032.
  • U.S. Condensing Unit Market to 2032, By Application
    • High Temperature is the largest segment in U.S. Condensing Unit Market to 2032 with a revenue of 3.82 USD Billion in the year 2024.
    • High Temperature is the Fastest growing segment in U.S. Condensing Unit Market to 2032 with a Growth rate of 13.93 % in forecast period 2025-2032.

U.S. Condensing Unit Market Company Share Analysis

 
Company Name Company Share Analysis
Blue Star Limited
carrier
GEA Group Aktiengesellschaft
Danfoss
Emerson Electric Co.
U.S. Condensing Unit Market Company Share Analysis

U.S. Condensing Unit Market Geographical Sales Distribution, 2018-2032 USD Billion

U.S. Condensing Unit Market Geographical Sales Distribution, 2018-2032 USD Billion

U.S. Condensing Unit Market Company Profiling

U.S. Condensing Unit Market Company Profiling

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Frequently Asked Questions
The U.S. Condensing Unit Market is segmented based on Segmentation Type,Function,Refrigerant Type,End User,Compressor Technology,Application.
U.S. Condensing Unit Market was valued at USD 6.88(Revenue in USD Billion) in 2021.
U.S. Condensing Unit Market is projected to grow at a CAGR of 12.42% during the forecast period of 2024 to 2032.
The Industrial segment is expected to dominate the U.S. Condensing Unit Market, holding a largest market share of 3.82 USD Billion in 2024

U.S. Condensing Unit Market Scope

U.S. Condensing Unit Market Segmentation & Scope
Type
  • Evaporative Condensing Unit
  • Water Cooled Condensing Unit
  • Air-Cooled Condensing Unit
Function
  • Heat Pumps
  • Others
  • Refrigeration
  • Air Conditioning
Refrigerant Type
  • Others
  • Hydrocarbons
  • Inorganics
  • Fluorocarbons
End User
  • Residential
  • Commercial
  • Industrial
Compressor Technology
  • Open
  • Others
  • Rotary
  • Rotary Vane
  • Centrifugal
  • Screw
  • Scroll
  • Hermetic
  • Semi-Hermetic
  • Reciprocating
Application
  • Low Temperature
  • Medium Temperature
  • High Temperature
Frequently Asked Questions
The U.S. Condensing Unit Market is segmented based on Segmentation Type,Function,Refrigerant Type,End User,Compressor Technology,Application.
U.S. Condensing Unit Market was valued at USD 6.88(Revenue in USD Billion) in 2021.
U.S. Condensing Unit Market is projected to grow at a CAGR of 12.42% during the forecast period of 2024 to 2032.
The estimated market value of the U.S. Condensing Unit Market for final year is USD 13.36 (USD Billion).

U.S. Condensing Unit Market Company Profiling

U.S. Condensing Unit Market Company Profiling
Frequently Asked Questions
The U.S. Condensing Unit Market is segmented based on Segmentation Type,Function,Refrigerant Type,End User,Compressor Technology,Application.
U.S. Condensing Unit Market was valued at USD 6.88(Revenue in USD Billion) in 2021.
U.S. Condensing Unit Market is projected to grow at a CAGR of 12.42% during the forecast period of 2024 to 2032.
The estimated market value of the U.S. Condensing Unit Market for final year is USD 13.36 (USD Billion).

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