Refrigerant Compressors Market Size to Record a CAGR of 5.58%, Hermetic to be Largest Revenue-generating Application Segment - Technavio

2022-10-22 01:16:35 By :

NEW YORK , Oct. 20, 2022 /PRNewswire/ -- The refrigerant compressors market size is expected to grow by USD 4.89 billion from 2021 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 5.58% during the forecast period, according to the latest report by Technavio. This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

The refrigerant compressors market report offers a comprehensive analysis of the strategies adopted by vendors and the trends, drivers, and challenges affecting the market size. The growth of the commercial refrigeration market is driving the refrigerant compressors market growth. However, factors such as changes in regulatory policies may challenge the market growth during the forecast period. Screw Drive Air Compressor

Refrigerant Compressors Market Size to Record a CAGR of 5.58%, Hermetic to be Largest Revenue-generating Application Segment - Technavio

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The refrigerant compressors market covers the following areas:

Refrigerant Compressors Market Sizing Refrigerant Compressors Market Forecast Refrigerant Compressors Market Analysis

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The refrigerant compressors market has been segmented by application (hermetic, semi-hermetic reciprocating, domestic, semi-hermetic screw, and others) and geography (APAC, North America , Europe , South America , and the Middle East and Africa ). The hermetic segment will be the largest contributor to market growth during the forecast period. A hermetic compressor is sealed away from the environment. The casing is welded shut and cannot be accessed. Such advantages of hermetic compressors are expected to fuel the growth of the segment growth during the forecast period.

Key Companies and their Offerings

BITZER Group, Carrier Global Corp., Daikin Industries Ltd, Danfoss AS, Emerson Electric Co., Frascold Spa, Fusheng Group Co Ltd, GEA Group Aktiengesellschaft, Hanbell Precise Machinery Co. Ltd., Johnson Controls International Plc, LG Electronics Inc., MAYEKAWA MFG. CO. LTD., Mitsubishi Electric Corp., Nidec Corp., OFFICINE MARIO DORIN Spa, Panasonic Holdings Corp., Ramco Industries Ltd., Tecumseh Products Co. LLC, TORAD Engineering LLC, Gree Electric Appliances Inc. of Zhuhai, among others, are the key players in the market. The key offerings of some of these vendors are listed below:

Daikin Industries Ltd - The company offers refrigeration compressors such as Daikin Refrigeration Compressors, Daikin DC Inverter Scroll Compressor, Daikin DC Inverter Scroll Compressor, and Jt160G-P8Y1 Daikin.

Danfoss AS - The company offers refrigeration compressors such as hydrocarbon compressors, centrifugal compressors with the horizontally split casing, integrally geared centrifugal compressors, and rotary screw oil-injected compressors.

Emerson Electric Co. - The company offers refrigeration compressors such as Copeland Compressors, Propane compressors, CO2 Compressors, and HFO/HFC compressors.

GEA Group Aktiengesellschaft - The company offers refrigeration compressors such as gas compressors, packaged compressor systems, reciprocating compressors, and screw compressors.

LG Electronics Inc. - The company offers refrigeration compressors such as OEM Bare Screw Compressors, YORK Gas and OEM Control Solutions, and YORK Process Systems.

This report provides a full list of key vendors, their strategies, and the latest developments. Buy Now to gain access to exclusive vendor information

Rotary Air Compressor Market by End-user and Geography - Forecast and Analysis 2022-2026: This report extensively covers market segmentation by end-user (manufacturing industry, mining and metallurgy industry, and others) and geography (APAC, Europe , North America , the Middle East and Africa , and South America ). 48% of the market's growth will originate from APAC during the forecast period. The market share growth in the manufacturing industry segment will be significant.

HVAC Refrigerant Market by Product and Geography - Forecast and Analysis 2021-2025: This report extensively covers market segmentation by product (fluorocarbons, inorganics, hydrocarbons, and others) and geography (APAC, Europe , North America , MEA, and South America ). 50% of the market's growth will originate from APAC during the forecast period. The market share growth by the fluorocarbons segment has been significant.

Accelerate at a CAGR of 5.58%

APAC, North America, Europe, South America, and Middle East and Africa

US, China, India, Japan, and Germany

Leading companies, competitive strategies, consumer engagement scope

BITZER Group, Carrier Global Corp., Daikin Industries Ltd, Danfoss AS, Emerson Electric Co., Frascold Spa, Fusheng Group Co Ltd, GEA Group Aktiengesellschaft, Hanbell Precise Machinery Co. Ltd., Johnson Controls International Plc, LG Electronics Inc., MAYEKAWA MFG. CO. LTD., Mitsubishi Electric Corp., Nidec Corp., OFFICINE MARIO DORIN Spa, Panasonic Holdings Corp., Ramco Industries Ltd., Tecumseh Products Co. LLC, TORAD Engineering LLC, and Gree Electric Appliances Inc. of Zhuhai

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Browse Industrials Market Reports

3.4 Market outlook: Forecast for 2021-2026

5.3 Hermetic - Market size and forecast 2021-2026

5.4 Semi-hermetic reciprocating - Market size and forecast 2021-2026

5.5 Domestic - Market size and forecast 2021-2026

5.6 Semi-hermetic screw - Market size and forecast 2021-2026

5.7 Others - Market size and forecast 2021-2026

7.3 APAC - Market size and forecast 2021-2026

7.4 North America - Market size and forecast 2021-2026

7.5 Europe - Market size and forecast 2021-2026

7.6 South America - Market size and forecast 2021-2026

7.7 Middle East and Africa - Market size and forecast 2021-2026

7.8 China - Market size and forecast 2021-2026

7.9 US - Market size and forecast 2021-2026

7.10 India - Market size and forecast 2021-2026

7.11 Japan - Market size and forecast 2021-2026

7.12 Germany - Market size and forecast 2021-2026

8.3 Impact of drivers and challenges

11.3 Currency conversion rates for US$

About Us Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contact Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/

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Refrigerant Compressors Market Size to Record a CAGR of 5.58%, Hermetic to be Largest Revenue-generating Application Segment - Technavio

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