NA Condensing Unit Market - Industry Trends and Forecast to 2029

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 K├╝hlmaschinenbau 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 K├╝hlmaschinenbau 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 (%)

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