Global Commercial Refrigeration and Air Conditioning Positive Displacement (RAC PD) Compressor Market Size, Share and Trends Analysis Report – Industry Overview and Forecast to 2032

What is the Global Commercial Refrigeration and Air Conditioning Positive Displacement (RAC PD) Compressor Market Size and Growth Rate?

• The global commercial refrigeration and air conditioning positive displacement (RAC PD) compressor market size was valued at USD 4.12 billion in 2024 and is expected to reach USD 5.69 billion by 2032, at a CAGR of 4.10% during the forecast period
• The rise in food and beverage production, rapid increase in cold storage food trucks coupled with the growth of cold chain capacities to ensure efficient storage of food across the globe will emerge as the major factor driving market growth
• Furthermore, the increase in number of retail stores and focus of various government agencies and organizations to reduce HCFC emissions from refrigerants will further aggravate the market value. However, high installation costs act as a restraint for the market

What are the Major Takeaways of Commercial Refrigeration and Air Conditioning Positive Displacement (RAC PD) Compressor Market?

• Replacement of old commercial RAC PD compressor and innovation in compressor technology create new opportunities for growing the market within the forecast period. The disruption of supply chain due to COVID-19 is expected to dampen the growth rate that further result as a challenge for the market
• North America dominated the commercial refrigeration and air conditioning positive displacement (RAC PD) compressor market with the largest revenue share of 39.56% in 2024, driven by increasing adoption of energy-efficient and reliable refrigeration systems across commercial, industrial, and residential applications
• The Asia-Pacific (APAC) market is poised to grow at the fastest CAGR of 10.58% during 2025–2032, driven by rapid urbanization, rising disposable incomes, and increasing industrialization in China, Japan, India, and South Korea
• The reciprocating type segment dominated the market in 2024 with a revenue share of 58.6%, owing to its wide usage in both small-scale refrigeration and air conditioning systems due to robust design, low cost, and flexibility across different refrigerants

Report Scope and Commercial Refrigeration and Air Conditioning Positive Displacement (RAC PD) Compressor Market Segmentation     

What is the Key Trend in the Commercial Refrigeration and Air Conditioning Positive Displacement (RAC PD) Compressor Market?

Integration of IoT and Smart Energy Management Solutions

• A key and rapidly accelerating trend in the global RAC PD Compressor market is the integration of IoT (Internet of Things) technologies and smart energy management systems, enabling real-time monitoring, predictive maintenance, and enhanced efficiency. This integration is transforming compressors into intelligent, connected devices
• For instance, companies such as Danfoss and Emerson Electric Co. have introduced IoT-enabled compressor solutions that allow operators to track energy consumption, predict failures, and reduce downtime, resulting in optimized performance and lower operational costs
• The adoption of smart sensors and cloud-based analytics in RAC PD Compressors allows facilities to manage performance remotely, analyze operational data, and automate maintenance schedules, ensuring higher equipment reliability
• This shift towards digitally connected and energy-efficient solutions is reshaping customer expectations, as businesses and households seek cost savings, sustainability, and operational convenience
• Companies are actively investing in connected compressors that comply with global energy efficiency standards, reflecting the broader market shift toward sustainability
• As a result, IoT-based and smart compressors are driving demand across refrigeration and air conditioning applications, positioning this trend as a central growth driver for the future

What are the Key Drivers of Commercial Refrigeration and Air Conditioning Positive Displacement (RAC PD) Compressor Maret?

• Rising demand for energy-efficient solutions and compliance with strict environmental regulations is driving compressor innovation across commercial and residential applications
• For instance, in June 2024, Carrier Global Corporation launched advanced low-GWP (Global Warming Potential) refrigerant compressors to align with international environmental mandates. Such moves are encouraging adoption of sustainable RAC PD Compressors worldwide
• Increasing urbanization and expansion of the cold chain industry in food, beverage, and pharmaceutical sectors are boosting demand for reliable refrigeration and air conditioning systems
• In addition, the rising penetration of smart HVAC systems that require efficient compressors is propelling market adoption
• Growing customer awareness regarding operational cost savings, along with the demand for remote monitoring and predictive maintenance, is also accelerating uptake
• The convenience of low maintenance, higher durability, and compatibility with natural refrigerants further contributes to market growth

Which Factor is Challenging the Growth of the Commercial Refrigeration and Air Conditioning Positive Displacement (RAC PD) Compressor Market?

• A major challenge in the market is the high initial cost of advanced RAC PD Compressors, particularly those incorporating IoT connectivity, smart sensors, and eco-friendly refrigerants. This makes adoption slower in cost-sensitive regions
• For instance, businesses in developing economies often delay upgrades due to budget limitations, despite the long-term benefits of energy-efficient compressors
• Another pressing challenge is the complexity of transitioning to low-GWP refrigerants, as retrofitting existing systems requires significant technical and financial investment
• In addition, the industry faces supply chain disruptions and raw material price fluctuations, impacting compressor availability and affordability
• Cybersecurity concerns also pose risks, as connected compressors are vulnerable to unauthorized access, requiring strong data security measures
• To overcome these barriers, manufacturers must focus on affordable pricing models, consumer education, and global regulatory compliance, ensuring broader market adoption

How is the Commercial Refrigeration and Air Conditioning Positive Displacement (RAC PD) Compressor Market Segmented?

The market is segmented on the basis of product type, cooling capacity, refrigerant, application, and end users.

• By Product Type

On the basis of product type, the commercial refrigeration and air conditioning positive displacement (RAC PD) compressor market is segmented into reciprocating type and scroll type. The reciprocating type segment dominated the market in 2024 with a revenue share of 58.6%, owing to its wide usage in both small-scale refrigeration and air conditioning systems due to robust design, low cost, and flexibility across different refrigerants. Reciprocating compressors are especially favored in commercial refrigeration applications such as supermarkets, cold storage, and food retail due to their efficiency in handling variable loads.

On the other hand, the scroll type segment is anticipated to witness the fastest CAGR of 8.9% from 2025 to 2032, driven by its compact size, quieter operation, and high energy efficiency, making it ideal for modern HVAC systems and eco-friendly cooling solutions. Its adoption is rising in hotels, institutions, and premium air conditioning applications.

• By Cooling Capacity

On the basis of cooling capacity, the market is segmented into less than 6 kW, 7–10 kW, 11–15 kW, 16–20 kW, 21–30 kW, 30–50 kW, 50–100 kW, and 100–200 kW. The 7–10 kW segment dominated the market in 2024 with a revenue share of 27.4%, as it is widely used in small-scale refrigeration and light commercial air conditioning systems, offering balanced efficiency and affordability. These units are popular in retail stores, restaurants, and institutional cooling where medium cooling demand is prevalent.

Meanwhile, the 30–50 kW segment is expected to register the fastest growth rate of 9.5% during 2025–2032, fueled by expanding cold chain infrastructure, large supermarkets, and centralized air conditioning needs in office complexes and hotels. Its ability to support larger cooling loads efficiently and meet sustainability standards makes it a preferred choice for rapidly urbanizing economies.

• By Refrigerant

On the basis of refrigerant, the market is segmented into R290, R404A, R410A, R744, R134A, and R407C. The R404A segment dominated the market in 2024 with a revenue share of 31.8%, due to its long-standing application in commercial refrigeration, especially in supermarkets, food storage, and transportation. Despite increasing regulatory pressure, its compatibility with various compressor systems sustains demand.

However, the R290 (propane) segment is projected to witness the fastest CAGR of 10.2% from 2025 to 2032, driven by its low global warming potential (GWP), energy efficiency, and compliance with environmental regulations. R290 is gaining momentum in Europe and Asia-Pacific as manufacturers and end-users shift toward eco-friendly refrigerants. This trend aligns with global initiatives to phase out high-GWP refrigerants and adopt sustainable alternatives in the refrigeration and air conditioning industry.

• By Application

On the basis of application, the Commercial Refrigeration and Air Conditioning Positive Displacement (RAC PD) Compressor market is segmented into refrigeration and air conditioning. The refrigeration segment held the largest market revenue share of 61.3% in 2024, driven by growing demand for cold storage, supermarket refrigeration, food retail chains, and pharmaceutical preservation. The rise in frozen food consumption and vaccine storage facilities further boosts adoption in refrigeration applications.

The air conditioning segment is expected to witness the fastest growth rate of 8.7% during 2025–2032, supported by increasing urbanization, infrastructure development, and growing adoption of energy-efficient HVAC systems across residential, commercial, and institutional buildings. The surge in demand for comfortable indoor environments and government-backed green building initiatives will continue driving this segment’s growth globally.

• By End Users

On the basis of end users, the market is segmented into supermarkets and convenience stores, hotels and restaurants, offices and institutions, food and beverages transport, and others. The supermarkets and convenience stores segment dominated the market with a revenue share of 36.5% in 2024, as these outlets require continuous refrigeration to store perishable goods and maintain product quality. Expansion of retail chains and hypermarkets globally further strengthens this dominance.

Meanwhile, the food and beverages transport segment is anticipated to grow at the fastest CAGR of 9.8% from 2025 to 2032, driven by the rapid expansion of the cold chain logistics sector, e-commerce grocery delivery, and cross-border trade of frozen and chilled goods. Rising focus on reducing food wastage and ensuring safe long-distance transport of perishables is propelling compressor adoption in refrigerated trucks and containers.

Which Region Holds the Largest Share of the Commercial Refrigeration and Air Conditioning Positive Displacement (RAC PD) Compressor Maret?

• North America dominated the Commercial Refrigeration and Air Conditioning Positive Displacement (RAC PD) Compressor market with the largest revenue share of 39.56% in 2024, driven by increasing adoption of energy-efficient and reliable refrigeration systems across commercial, industrial, and residential applications
• Businesses prioritize advanced cooling technologies for supermarkets, hotels, and warehouses, while households adopt eco-friendly air conditioning solutions. High disposable incomes, technological awareness, and supportive infrastructure further fuel adoption
• The region’s emphasis on sustainability, smart monitoring, and performance efficiency has established North America as a major hub for positive displacement compressors, sustaining dominance across forecast years.

U.S. Commercial Refrigeration and Air Conditioning Positive Displacement (RAC PD) Compressor Market Insight

The U.S. market held the largest share in North America with 81% in 2024, driven by expanding industrial and commercial refrigeration needs, the growth of modern retail, and increased demand for energy-efficient air conditioning. Smart control technologies, integration with IoT-enabled systems, and regulatory compliance with energy-efficiency standards encourage adoption. Supermarkets, restaurants, and logistics facilities increasingly prefer positive displacement compressors due to their reliability, efficiency, and ability to handle large-scale cooling applications. Moreover, government initiatives promoting sustainability and advanced monitoring systems are accelerating market penetration, further strengthening the U.S. position within the regional market.  

Europe Commercial Refrigeration and Air Conditioning Positive Displacement (RAC PD) Compressor Market Insight

The Europe market is projected to grow at a substantial CAGR due to stringent energy efficiency regulations, rising demand for low-emission systems, and urbanization. Commercial, industrial, and institutional sectors increasingly adopt positive displacement compressors for supermarkets, hotels, and office buildings. Consumers and businesses prioritize eco-friendly, low-noise, and high-performance solutions, driving market expansion. Technological advancements, smart monitoring, and IoT-enabled integration add value for end users. The region’s focus on sustainable building infrastructure and energy-efficient cooling technologies is fostering long-term growth, with key countries such as Germany, the U.K., and France contributing significantly to regional market revenues.

U.K. Commercial Refrigeration and Air Conditioning Positive Displacement (RAC PD) Compressor Market Insight

The U.K. market is expected to grow at a noteworthy CAGR, driven by the rising adoption of energy-efficient refrigeration and air conditioning systems in commercial and institutional facilities. Regulatory frameworks promoting sustainability and energy efficiency encourage modernization of older systems. Businesses in retail, hospitality, and logistics increasingly implement positive displacement compressors to optimize performance and reduce operational costs. Consumer awareness regarding environmental impact, coupled with expanding commercial infrastructure and technological integration, supports continued adoption. Smart and eco-conscious systems are gaining traction across supermarkets, hotels, and office buildings, boosting market growth and reinforcing the U.K.’s position in Europe.  

Germany Commercial Refrigeration and Air Conditioning Positive Displacement (RAC PD) Compressor Market Insight

Germany’s market is anticipated to expand at a strong CAGR due to the country’s emphasis on innovation, sustainability, and high-performance cooling solutions. Industrial and commercial facilities prefer positive displacement compressors for their reliability, efficiency, and adaptability. Integration with smart monitoring, IoT control, and energy-efficient systems is increasingly common. Environmental regulations and eco-conscious initiatives further drive adoption across supermarkets, logistics centers, and office complexes. The growing emphasis on renewable energy and low-emission technologies positions Germany as a key contributor to Europe’s market growth. Positive displacement compressors are becoming standard in new and retrofitted commercial and industrial facilities.

Which Region is the Fastest Growing Region in the Commercial Refrigeration and Air Conditioning Positive Displacement (RAC PD) Compressor Market?

The Asia-Pacific (APAC) market is poised to grow at the fastest CAGR of 10.58% during 2025–2032, driven by rapid urbanization, rising disposable incomes, and increasing industrialization in China, Japan, India, and South Korea. Government initiatives promoting energy-efficient systems and smart building infrastructure accelerate adoption. Commercial, industrial, and institutional facilities increasingly implement positive displacement compressors to meet energy-efficiency and sustainability targets. Technological advancement, local manufacturing, and affordability enhance accessibility. The combination of industrial expansion, urban growth, and smart city initiatives positions APAC as the fastest-growing market globally, with substantial opportunities for new investments and innovations.  

Japan Commercial Refrigeration and Air Conditioning Positive Displacement (RAC PD) Compressor Market Insight

Japan’s market growth is fueled by a high-tech culture, increasing adoption of smart commercial refrigeration and air conditioning systems, and rising demand for energy-efficient solutions. Positive displacement compressors are integrated with IoT-based monitoring, smart building systems, and automated controls, improving performance and reducing energy consumption. Supermarkets, logistics centers, and office buildings drive demand, supported by government initiatives promoting sustainability. Aging populations and increased industrial activities also create a need for reliable, user-friendly cooling systems. Japan is expected to see continued growth as industries and commercial facilities upgrade to modern, energy-efficient positive displacement compressors to comply with regulatory and environmental standards.  

China Commercial Refrigeration and Air Conditioning Positive Displacement (RAC PD) Compressor Market Insight

China accounted for the largest revenue share in APAC in 2024 due to rapid urbanization, industrial expansion, and the rise of modern retail and logistics infrastructure. Positive displacement compressors are widely adopted in supermarkets, warehouses, hotels, and large commercial facilities due to their efficiency, reliability, and scalability. Government incentives for energy-efficient appliances, smart city initiatives, and strong domestic manufacturing contribute to affordability and accessibility. Increasing consumer and business awareness about sustainability and energy conservation further boosts adoption. The combination of technological advancement, industrial growth, and urban expansion positions China as a key market driving APAC’s rapid growth in positive displacement compressors.

Which are the Top Companies in Commercial Refrigeration and Air Conditioning Positive Displacement (RAC PD) Compressor Market?

The commercial refrigeration and air conditioning positive displacement (RAC PD) compressor industry is primarily led by well-established companies, including:

• Honeywell International Inc. (U.S.)
• Johnson Controls (U.S.)
• Schneider Electric (France)
• Siemens (Germany)
• Carrier Global Corporation (U.S.)
• Emerson Electric (U.S.)
• Trane Technologies Plc (Ireland)
• Lennox (U.S.)
• Delta Controls (Canada)
• Distech Controls (Canada)
• KMC Controls (U.S.)
• Daikin Industries (Japan)
• LG Electronics (South Korea)
• Hussmann Corporation (U.S.)
• Dover Corporation (U.S.)
• Ingersoll Rand (U.S.)
• Daikin (Japan)
• AHT Cooling Systems GmbH (Austria)
• Traulsen (U.S.)
• Berkshire Hathaway Inc. (U.S.)
• Johnson Controls. (U.S.)
• Panasonic Corporation (Japan)
• Emerson Electric Co. (U.S.)
• Danfoss A/S (Denmark)
• GEA Group Aktiengesellschaft (Germany)
• Mayekawa Mfg. Co., Ltd. (Japan)
• Baltimore Aircoil Company (U.S.)
• Bitzer Kühlmaschinenbau GmbH (Germany)
• Evapco, Inc. (U.S.)
• Güntner AG & Co. KG (Germany)
• Lennox International Inc. (U.S.)
• LU-VE S.p.A (Italy)

SKU-66974