NA Condensing Unit Market - Industry Trends and Forecast to 2029
The condensing unit market is projected to register a CAGR of 8.7% in the forecast period of 2022 to 2029. The new market report contains data for the historic year 2020, the base year of calculation is 2021 and the forecast period is 2022 to 2029.
Market Segmentation:
North America Condensing Unit Market, By Type (Air-Cooled Condensing Unit, Water Cooled Condensing Unit and Evaporative Condensing Unit), Function (Air Conditioning, Heat Pump, Refrigeration And Others), Refrigerant Type (Fluorocarbons, Hydrocarbons, Inorganics And Others ), Compressor Technology (Reciprocating, Hermetic, Semi-Hermetic, Open, Rotary, Scroll, Rotary Vane, Screw, Centrifugal and Others), Application (High Temperature, Medium Temperature and Low Temperature), End User (Residential, Commercial and Industrial), Country (U.S., Canada, Mexico) Industry Trends and Forecast To 2029
Some of the major factors contributing to the growth of the condensing unit market are:
. The growing demand of condensing units in commercial and industrial sectors in the developing economies
. Rising demand for improved quality condensing units for various applications
Market Players:
The key market players for condensing unit market are listed below:
. Emerson Electric Co.
. Carrier
. Danfoss
. Heatcraft Worldwide Refrigeration
. BITZER Kühlmaschinenbau GmbH
. Dorin S.p.A.
. FRASCOLD SPA
. FreezeIndia
. Howe Corporation
. Hussmann Corporation
. DAIKIN INDUSTRIES, Ltd.
. 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.
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- 1 Introduction
- 1.1 Objectives Of The Study
- 1.2 Market Definition
- 1.3 Overview Of North America Condensing Unit Market
- 1.4 Limitations
- 1.5 Markets Covered
- 2 Market Segmentation
- 2.1 Markets Covered
- 2.2 Geographical Scope
- 2.3 Years Considered For The Study
- 2.4 Currency And Pricing
- 2.5 Dbmr Tripod Data Validation Model
- 2.6 Multivariate Modelling
- 2.7 Type Lifeline Curve
- 2.8 Primary Interviews With Key Opinion Leaders
- 2.9 Dbmr Market Position Grid
- 2.10 Vendor Share Analysis
- 2.11 Secondary Sources
- 2.12 Assumptions
- 3 Executive Summary
- 4 Premium Insights
- 5 North America Condensing Unit Market, By Region
- 5.1 Overview
- 5.2 Middle East And Africa
- 5.3 South America
- 5.4 Europe
- 5.5 Asia-pacific
- 5.6 North America
- 6 Market Overview
- 6.1 Drivers
- 6.1.1 Growing Usage Of Refrigeration In Various End-user Industries
- 6.1.2 Increasing Demand For Heat Pumps To Reduce Carbon Footprints
- 6.1.3 Rising Demand For District Cooling In Warmer Climatic Conditions
- 6.1.4 Technical Advancements In Condensing Unit
- 6.1.5 High Durability And Long Life Of Advanced Condensing Unit
- 6.2 Restraints
- 6.2.1 Harmful Effects Of Chlorofluorocarbon (Cfc) And Ammonia Refrigerant On Environment And Human Health
- 6.2.2 Strict Environment Regulations Against Harmful Gases
- 6.3 Opportunities
- 6.3.1 Government Initiatives Toward Energy Efficient Appliance
- 6.3.2 Strategic Decisions By Key Players
- 6.3.3 Growing Use Of Natural Refrigerant
- 6.4 Challenges
- 6.4.1 High Repair And Maintenance Cost
- 6.4.2 Technical Errors In Condensing Unit
- 7 Covid-19 Impact On The North America Condensing Unit Market
- 7.1 Aftermath Of Covid-19 And Government Initiatives To Boost The Condensing Unit Market
- 7.2 Strategic Decisions For Manufacturers After Covid-19 To Gain Competitive Market Share
- 7.3 Impact On Price
- 7.4 Impact On Demand
- 7.5 Impact On Supply Chain
- 7.6 Conclusion
- 8 North America Condensing Unit Market, By Type
- 8.1 Overview
- 8.2 Air-cooled Condensing Unit
- 8.2.1 Forced Convention
- 8.2.2 Natural Convention
- 8.3 Water Cooled Condensing Unit
- 8.3.1 Shell And Tube
- 8.3.2 Shell And Coil
- 8.3.3 Double Pipe Or Tube-in-type
- 8.4 Evaporative Condensing Unit
- 9 North America Condensing Unit Market, By Function
- 9.1 Overview
- 9.2 Air Conditioning
- 9.3 Refrigeration
- 9.4 Heat Pumps
- 9.5 Others
- 10 North America Condensing Unit Market, By Refrigerent Type
- 10.1 Overview
- 10.2 Fluorocarbons
- 10.2.1 Hcfcs
- 10.2.2 Hfcs
- 10.2.3 Hfos
- 10.3 Inorganics
- 10.3.1 Ammonia
- 10.3.2 Co2
- 10.4 Hydrocarbons
- 10.4.1 Propane
- 10.4.2 Isobutane
- 10.4.3 Others
- 10.5 Others
- 11 North America Condensing Unit Market, By Compressor Technology
- 11.1 Overview
- 11.2 Reciprocating
- 11.3 Semi-hermetic
- 11.4 Hermetic
- 11.5 Scroll
- 11.6 Screw
- 11.7 Centrifugal
- 11.8 Rotary Vane
- 11.9 Rotary
- 11.10 Open
- 11.11 Others
- 12 North America Condensing Unit Market, By Application
- 12.1 Overview
- 12.2 High Temperature
- 12.3 Medium Temperature
- 12.4 Low Temperature
- 13 North America Condensing Unit Market, By End User
- 13.1 Overview
- 13.2 Industrial
- 13.2.1 Industrial, By End User
- 13.2.1.1 Food & Beverage
- 13.2.1.2 Datacenters
- 13.2.1.3 Oil & Gas
- 13.2.1.4 Chemical
- 13.2.1.5 Pharmaceutical
- 13.2.1.6 District Cooling
- 13.2.1.7 Others
- 13.2.2 Industrial, By Type
- 13.2.2.1 Air-cooled Condensing Unit
- 13.2.2.2 Water Cooled Condensing Unit
- 13.2.2.3 Evaporative Condensing Unit
- 13.3 Commercial
- 13.3.1 Commercial, By End User
- 13.3.1.1 Cold Storage
- 13.3.1.2 Counter Refrigerators
- 13.3.1.3 Retail Stores
- 13.3.1.4 Hospitality
- 13.3.2 Commercial, By Type
- 13.3.2.1 Air-cooled Condensing Unit
- 13.3.2.2 Water Cooled Condensing Unit
- 13.3.2.3 Evaporative Condensing Unit
- 13.4 Residential
- 13.4.1 Residential, By Type
- 13.4.1.1 Air-cooled Condensing Unit
- 13.4.1.2 Water Cooled Condensing Unit
- 13.4.1.3 Evaporative Condensing Unit
- 14 North America Condensing Unit Market, By Region
- 14.1 North America
- 14.1.1 U.S.
- 14.1.2 Canada
- 14.1.3 Mexico
- 15 North America Condensing Unit Market: Company Landscape
- 15.1 Company Share Analysis: North America
- 16 Swot Analysis
- 17 Company Profile
- 17.1 Carrier
- 17.1.1 Company Snapshot
- 17.1.2 Revenue Analysis
- 17.1.3 Company Share Analysis
- 17.1.4 Product Portfolio
- 17.1.5 Recent Development
- 17.2 Emerson Electric Co.
- 17.2.1 Company Snapshot
- 17.2.2 Revenue Analysis
- 17.2.3 Company Share Analysis
- 17.2.4 Product Portfolio
- 17.2.5 Recent Developments
- 17.3 Danfoss
- 17.3.1 Company Snapshot
- 17.3.2 Revenue Analysis
- 17.3.3 Company Share Analysis
- 17.3.4 Product Portfolio
- 17.3.5 Recent Developments
- 17.4 Blue Star Limited
- 17.4.1 Company Snapshot
- 17.4.2 Revenueanalysis
- 17.4.3 Company Share Analysis
- 17.4.4 Product Portfolio
- 17.4.5 Recent Development
- 17.5 Gea Group Aktiengesellschaft
- 17.5.1 Company Snapshot
- 17.5.2 Revenue Analysis
- 17.5.3 Company Share Analysis
- 17.5.4 Product Portfolio
- 17.5.5 Recent Development
- 17.6 Bitzer Kühlmaschinenbau Gmbh
- 17.6.1 Company Snapshot
- 17.6.2 Product Portfolio
- 17.6.3 Recent Developments
- 17.7 Daikin Industries, Ltd.
- 17.7.1 Company Snapshot
- 17.7.2 Revenueanalysis
- 17.7.3 Product Portfolio
- 17.7.4 Recent Developments
- 17.8 Dorin S.P.A.
- 17.8.1 Company Snapshot
- 17.8.2 Product Portfolio
- 17.8.3 Recent Development
- 17.9 Frascold Spa
- 17.9.1 Company Snapshot
- 17.9.2 Product Portfolio
- 17.9.3 Recent Development
- 17.10 Freezeindia
- 17.10.1 Company Snapshot
- 17.10.2 Product Portfolio
- 17.10.3 Recent Development
- 17.11 Heatcraft Worldwide Refrigeration
- 17.11.1 Company Snapshot
- 17.11.2 Product Portfolio
- 17.11.3 Recent Development
- 17.12 Howe Corporation
- 17.12.1 Company Snapshot
- 17.12.2 Product Portfolio
- 17.12.3 Recent Development
- 17.13 Hussmann Corporation
- 17.13.1 Company Snapshot
- 17.13.2 Product Portfolio
- 17.13.3 Recent Development
- 17.14 Keeprite Refrigeration
- 17.14.1 Company Snapshot
- 17.14.2 Product Portfolio
- 17.14.3 Recent Development
- 17.15 Mta S.P.A.
- 17.15.1 Company Snapshot
- 17.15.2 Product Portfolio
- 17.15.3 Recent Development
- 17.16 National Comfort Products
- 17.16.1 Company Snapshot
- 17.16.2 Product Portfolio
- 17.16.3 Recent Development
- 17.17 Prijai Heat Exchangers Pvt. Ltd.
- 17.17.1 Company Snapshot
- 17.17.2 Product Portfolio
- 17.17.3 Recent Development
- 17.18 Scm Frigo S.P.A.
- 17.18.1 Company Snapshot
- 17.18.2 Product Portfolio
- 17.18.3 Recent Development
- 17.19 Tecumseh Products Company
- 17.19.1 Company Snapshot
- 17.19.2 Product Portfolio
- 17.19.3 Recent Developments
- 17.20 Voltas, Inc.
- 17.20.1 Company Snapshot
- 17.20.2 Revenue Analysis
- 17.20.3 Product Portfolio
- 17.20.4 Recent Development
- 18 Questionnaire
- 19 Related Reports
- List Of Tables
- Table 1 North America Condensing Unit Market, By Type, 2020-2029 (Usd Million)
- Table 2 North America Air-cooled Condensing Unit In Condensing Unit Market, By Region, 2020-2029 (Usd Million)
- Table 3 North America Air-cooled Condensing Unit In Condensing Unit Market, By Type, 2020-2029 (Usd Million)
- Table 4 North America Water Cooled Condensing Unit In Condensing Unit Market, By Region, 2020-2029 (Usd Million)
- Table 5 North America Water Cooled Condensing Unit In Condensing Unit Market, By Type, 2020-2029 (Usd Million)
- Table 6 North America Evaporative Condensing Unit In Condensing Unit Market, By Region, 2020-2029 (Usd Million)
- Table 7 North America Condensing Unit Market, By Function, 2020-2029 (Usd Million)
- Table 8 North America Air Conditioning In Condensing Unit Market, By Region, 2020-2029 (Usd Million)
- Table 9 North America Refrigeration In Condensing Unit Market, By Region, 2020-2029 (Usd Million)
- Table 10 North America Heat Pumps In Condensing Unit Market, By Region, 2020-2029 (Usd Million)
- Table 11 North America Others In Condensing Unit Market, By Region, 2020-2029 (Usd Million)
- Table 12 North America Condensing Unit Market, By Refrigerant Type, 2020-2029 (Usd Million)
- Table 13 North America Fluorocarbons In Condensing Unit Market, By Region, 2020-2029 (Usd Million)
- Table 14 North America Fluorocarbons In Condensing Unit Market, By Refrigerant Type, 2020-2029 (Usd Million)
- Table 15 North America Inorganics In Condensing Unit Market, By Region, 2020-2029 (Usd Million)
- Table 16 North America Inorganics In Condensing Unit Market, By Refrigerant Type, 2020-2029 (Usd Million)
- Table 17 North America Hydrocarbons In Condensing Unit Market, By Region, 2020-2029 (Usd Million)
- Table 18 North America Hydrocarbons In Condensing Unit Market, By Refrigerant Type, 2020-2029 (Usd Million)
- Table 19 North America Others In Condensing Unit Market, By Region, 2020-2029 (Usd Million)
- Table 20 North America Condensing Unit Market, By Compressor Technology, 2020-2029 (Usd Million)
- Table 21 North America Reciprocating In Condensing Unit Market, By Region, 2020-2029 (Usd Million)
- Table 22 North America Semi-hermetic In Condensing Unit Market, By Region, 2020-2029 (Usd Million)
- Table 23 North America Hermetic In Condensing Unit Market, By Region, 2020-2029 (Usd Million)
- Table 24 North America Scroll In Condensing Unit Market, By Region, 2020-2029 (Usd Million)
- Table 25 North America Screw In Condensing Unit Market, By Region, 2020-2029 (Usd Million)
- Table 26 North America Centrifugal In Condensing Unit Market, By Region, 2020-2029 (Usd Million)
- Table 27 North America Rotary Vane In Condensing Unit Market, By Region, 2020-2029 (Usd Million)
- Table 28 North America Rotary In Condensing Unit Market, By Region, 2020-2029 (Usd Million)
- Table 29 North America Open In Condensing Unit Market, By Region, 2020-2029 (Usd Million)
- Table 30 North America Others In Condensing Unit Market, By Region, 2020-2029 (Usd Million)
- Table 31 North America Condensing Unit Market, By Application, 2020-2029 (Usd Million)
- Table 32 North America High Temperature In Condensing Unit Market, By Region, 2020-2029 (Usd Million)
- Table 33 North America Medium Temperature In Condensing Unit Market, By Region, 2020-2029 (Usd Million)
- Table 34 North America Low Temperature In Condensing Unit Market, By Region, 2020-2029 (Usd Million)
- Table 35 North America Condensing Unit Market, By End User, 2020-2029 (Usd Million)
- Table 36 North America Industrial In Condensing Unit Market, By Region, 2020-2029 (Usd Million)
- Table 37 North America Industrial In Condensing Unit Market, By End User, 2020-2029 (Usd Million)
- Table 38 North America Industrial In Condensing Unit Market, By Type, 2020-2029 (Usd Million)
- Table 39 North America Commercial In Condensing Unit Market, By Region, 2020-2029 (Usd Million)
- Table 40 North America Commercial In Condensing Unit Market, By End User, 2020-2029 (Usd Million)
- Table 41 North America Commercial In Condensing Unit Market, By Type, 2020-2029 (Usd Million)
- Table 42 North America Residential In Condensing Unit Market, By Region, 2020-2029 (Usd Million)
- Table 43 North America Residential In Condensing Unit Market, By Type, 2020-2029 (Usd Million)
- Table 44 North America Condensing Unit Market, By Country, 2020-2029 (Usd Million)
- Table 45 North America Condensing Unit Market, By Type, 2020-2029 (Usd Million)
- Table 46 North America Air-cooled Condensing Unit In Condensing Unit Market, By Type, 2020-2029 (Usd Million)
- Table 47 North America Water Cooled Condensing Unit In Condensing Unit Market, By Type, 2020-2029 (Usd Million)
- Table 48 North America Condensing Unit Market, By Function, 2020-2029 (Usd Million)
- Table 49 North America Condensing Unit Market, By Refrigerant Type , 2020-2029 (Usd Million)
- Table 50 North America Fluorocarbons In Condensing Unit Market, By Refrigerant Type , 2020-2029 (Usd Million)
- Table 51 North America Hydrocarbons In Condensing Unit Market, By Refrigerant Type , 2020-2029 (Usd Million)
- Table 52 North America Inorganics In Condensing Unit Market, By Refrigerant Type , 2020-2029 (Usd Million)
- Table 53 North America Condensing Unit Market, By Compressor Technology, 2020-2029 (Usd Million)
- Table 54 North America Condensing Unit Market, By Application, 2020-2029 (Usd Million)
- Table 55 North America Condensing Unit Market, By End User, 2020-2029 (Usd Million)
- Table 56 North America Residential In Condensing Unit Market, By Type, 2020-2029 (Usd Million)
- Table 57 North America Commercial In Condensing Unit Market, By End User, 2020-2029 (Usd Million)
- Table 58 North America Commercial In Condensing Unit Market, By Type, 2020-2029 (Usd Million)
- Table 59 North America Industrial In Condensing Unit Market, By End User, 2020-2029 (Usd Million)
- Table 60 North America Industrial In Condensing Unit Market, By Type, 2020-2029 (Usd Million)
- Table 61 U.S. Condensing Unit Market, By Type, 2020-2029 (Usd Million)
- Table 62 U.S. Air-cooled Condensing Unit In Condensing Unit Market, By Type, 2020-2029 (Usd Million)
- Table 63 U.S. Water Cooled Condensing Unit In Condensing Unit Market, By Type, 2020-2029 (Usd Million)
- Table 64 U.S. Condensing Unit Market, By Function, 2020-2029 (Usd Million)
- Table 65 U.S. Condensing Unit Market, By Refrigerant Type , 2020-2029 (Usd Million)
- Table 66 U.S. Fluorocarbons In Condensing Unit Market, By Refrigerant Type , 2020-2029 (Usd Million)
- Table 67 U.S. Hydrocarbons In Condensing Unit Market, By Refrigerant Type , 2020-2029 (Usd Million)
- Table 68 U.S. Inorganics In Condensing Unit Market, By Refrigerant Type , 2020-2029 (Usd Million)
- Table 69 U.S. Condensing Unit Market, By Compressor Technology, 2020-2029 (Usd Million)
- Table 70 U.S. Condensing Unit Market, By Application, 2020-2029 (Usd Million)
- Table 71 U.S. Condensing Unit Market, By End User, 2020-2029 (Usd Million)
- Table 72 U.S. Residential In Condensing Unit Market, By Type, 2020-2029 (Usd Million)
- Table 73 U.S. Commercial In Condensing Unit Market, By End User, 2020-2029 (Usd Million)
- Table 74 U.S. Commercial In Condensing Unit Market, By Type, 2020-2029 (Usd Million)
- Table 75 U.S. Industrial In Condensing Unit Market, By End User, 2020-2029 (Usd Million)
- Table 76 U.S. Industrial In Condensing Unit Market, By Type, 2020-2029 (Usd Million)
- Table 77 Canada Condensing Unit Market, By Type, 2020-2029 (Usd Million)
- Table 78 Canada Air-cooled Condensing Unit In Condensing Unit Market, By Type, 2020-2029 (Usd Million)
- Table 79 Canada Water Cooled Condensing Unit In Condensing Unit Market, By Type, 2020-2029 (Usd Million)
- Table 80 Canada Condensing Unit Market, By Function, 2020-2029 (Usd Million)
- Table 81 Canada Condensing Unit Market, By Refrigerant Type , 2020-2029 (Usd Million)
- Table 82 Canada Fluorocarbons In Condensing Unit Market, By Refrigerant Type , 2020-2029 (Usd Million)
- Table 83 Canada Hydrocarbons In Condensing Unit Market, By Refrigerant Type , 2020-2029 (Usd Million)
- Table 84 Canada Inorganics In Condensing Unit Market, By Refrigerant Type , 2020-2029 (Usd Million)
- Table 85 Canada Condensing Unit Market, By Compressor Technology, 2020-2029 (Usd Million)
- Table 86 Canada Condensing Unit Market, By Application, 2020-2029 (Usd Million)
- Table 87 Canada Condensing Unit Market, By End User, 2020-2029 (Usd Million)
- Table 88 Canada Residential In Condensing Unit Market, By Type, 2020-2029 (Usd Million)
- Table 89 Canada Commercial In Condensing Unit Market, By End User, 2020-2029 (Usd Million)
- Table 90 Canada Commercial In Condensing Unit Market, By Type, 2020-2029 (Usd Million)
- Table 91 Canada Industrial In Condensing Unit Market, By End User, 2020-2029 (Usd Million)
- Table 92 Canada Industrial In Condensing Unit Market, By Type, 2020-2029 (Usd Million)
- Table 93 Mexico Condensing Unit Market, By Type, 2020-2029 (Usd Million)
- Table 94 Mexico Air-cooled Condensing Unit In Condensing Unit Market, By Type, 2020-2029 (Usd Million)
- Table 95 Mexico Water Cooled Condensing Unit In Condensing Unit Market, By Type, 2020-2029 (Usd Million)
- Table 96 Mexico Condensing Unit Market, By Function, 2020-2029 (Usd Million)
- Table 97 Mexico Condensing Unit Market, By Refrigerant Type , 2020-2029 (Usd Million)
- Table 98 Mexico Fluorocarbons In Condensing Unit Market, By Refrigerant Type , 2020-2029 (Usd Million)
- Table 99 Mexico Hydrocarbons In Condensing Unit Market, By Refrigerant Type , 2020-2029 (Usd Million)
- Table 100 Mexico Inorganics In Condensing Unit Market, By Refrigerant Type , 2020-2029 (Usd Million)
- Table 101 Mexico Condensing Unit Market, By Compressor Technology, 2020-2029 (Usd Million)
- Table 102 Mexico Condensing Unit Market, By Application, 2020-2029 (Usd Million)
- Table 103 Mexico Condensing Unit Market, By End User, 2020-2029 (Usd Million)
- Table 104 Mexico Residential In Condensing Unit Market, By Type, 2020-2029 (Usd Million)
- Table 105 Mexico Commercial In Condensing Unit Market, By End User, 2020-2029 (Usd Million)
- Table 106 Mexico Commercial In Condensing Unit Market, By Type, 2020-2029 (Usd Million)
- Table 107 Mexico Industrial In Condensing Unit Market, By End User, 2020-2029 (Usd Million)
- Table 108 Mexico Industrial In Condensing Unit Market, By Type, 2020-2029 (Usd Million)
- List Of Figures
- Figure 1 North America Condensing Unit Market: Segmentation
- Figure 2 North America Condensing Unit Market : Data Triangulation
- Figure 3 North America Condensing Unit Market : Droc Analysis
- Figure 4 North America Condensing Unit Market: North America Vs Regional Market Analysis
- Figure 5 North America Condensing Unit Market: Company Research Analysis
- Figure 6 North America Condensing Unit Market : Interview Demographics
- Figure 7 North America Condensing Unit Market: Dbmr Market Position Grid
- Figure 8 North America Condensing Unit Market: Vendor Share Analysis
- Figure 9 North America Condensing Unit Market: Segmentation
- Figure 10 Asia-pacific Is Expected To Dominate The North America Condensing Unit Market And Growing With The Highest Cagr In The Forecast Period Of 2022 To 2029
- Figure 11 Growing Usage Of Refrigeration In Various End Industries Are Leading The Growth Of The North America Condensing Unit Market In The Forecast Period Of 2022 To 2029
- Figure 12 Air Cooled Condensing Unit Segment Is Expected To Account For The Largest Share Of The North America Condensing Unit Market In 2022 & 2029
- Figure 13 Drivers, Restraints, Opportunities, And Challenge Of North America Condensing Unit Market
- Figure 14 North America Condensing Unit Market: By Type, 2021
- Figure 15 North America Condensing Unit Market: By Function, 2021
- Figure 16 North America Condensing Unit Market: By Refrigerant Type, 2021
- Figure 17 North America Condensing Unit Market, By Compressor Technology, 2021
- Figure 18 North America Condensing Unit Market: By Application, 2021
- Figure 19 North America Condensing Unit Market: By End User, 2021
- Figure 20 North America Condensing Unit Market: Snapshot (2021)
- Figure 21 North America Condensing Unit Market: By Country (2021)
- Figure 22 North America Condensing Unit Market: By Country (2022 & 2029)
- Figure 23 North America Condensing Unit Market: By Country (2021 & 2029)
- Figure 24 North America Condensing Unit Market: By Type (2022 & 2029)
- Figure 25 North America Condensing Unit Market: Company Share 2021 (%)