
Global CO2 Compressor Market Size Study, By Product Type (Reciprocating Compressors, Screw Compressor, Centrifugal Compressor), By Application (Refrigeration, Air Conditioning, Carbonating, Carbon Capture Application), By Type (Oil-Cooled Compressors, Wat
Description
The Global CO2 Compressor Market was valued at USD 2.16 billion in 2024 and is anticipated to grow at a CAGR of 8.3% over the forecast period 2025-2034. The market growth is driven by technological advancements in CO2 compressor systems, rising adoption of natural refrigerants, and strict environmental regulations promoting energy-efficient and low-emission refrigeration solutions.
Industries such as food & beverage, pharmaceuticals, oil & gas, and industrial processing are increasingly integrating CO2 compressors to ensure sustainability and energy efficiency. CO2 compressors offer superior cooling capabilities, making them the preferred choice in refrigeration and HVAC applications. The transition toward eco-friendly refrigerants, coupled with the push for carbon neutrality, is further bolstering the adoption of CO2-based compressor technologies.
A key market driver is the growing regulatory pressure from government bodies such as the EU, EPA, and international climate agreements mandating the phasing out of high-GWP refrigerants. This regulatory push has accelerated investment in CO2 compressor technologies, particularly in the retail, healthcare, and transportation refrigeration sectors. Additionally, advancements in IoT-enabled compressor monitoring systems and AI-driven predictive maintenance solutions are enhancing system efficiency and reducing operational costs.
Regionally, North America and Europe dominate the CO2 compressor market due to early adoption of green refrigerants and regulatory compliance. Asia Pacific is expected to exhibit the fastest growth due to rapid industrialization, urbanization, and increasing adoption of sustainable cooling systems. In particular, China and India are investing heavily in low-carbon technologies, fostering increased demand for CO2 compressors across food processing, commercial refrigeration, and carbon capture applications.
Major Market Players Included in This Report Are:
By Product Type
Industries such as food & beverage, pharmaceuticals, oil & gas, and industrial processing are increasingly integrating CO2 compressors to ensure sustainability and energy efficiency. CO2 compressors offer superior cooling capabilities, making them the preferred choice in refrigeration and HVAC applications. The transition toward eco-friendly refrigerants, coupled with the push for carbon neutrality, is further bolstering the adoption of CO2-based compressor technologies.
A key market driver is the growing regulatory pressure from government bodies such as the EU, EPA, and international climate agreements mandating the phasing out of high-GWP refrigerants. This regulatory push has accelerated investment in CO2 compressor technologies, particularly in the retail, healthcare, and transportation refrigeration sectors. Additionally, advancements in IoT-enabled compressor monitoring systems and AI-driven predictive maintenance solutions are enhancing system efficiency and reducing operational costs.
Regionally, North America and Europe dominate the CO2 compressor market due to early adoption of green refrigerants and regulatory compliance. Asia Pacific is expected to exhibit the fastest growth due to rapid industrialization, urbanization, and increasing adoption of sustainable cooling systems. In particular, China and India are investing heavily in low-carbon technologies, fostering increased demand for CO2 compressors across food processing, commercial refrigeration, and carbon capture applications.
Major Market Players Included in This Report Are:
- Atlas Copco AB
- Siemens AG
- Mitsubishi Heavy Industries, Ltd.
- Danfoss
- Copeland LP
- Dorin S.p.A.
- HAUG Sauer Kompressoren AG
- Mehrer Compression GmbH
- SANDEN CORPORATION
- Panasonic Corporation
- Pentair
- Haier Carrier
- Bengbu AOT Compressor Co., Ltd.
- Sollant Group
- Wärtsilä
By Product Type
- Reciprocating Compressors
- Screw Compressor
- Centrifugal Compressor
- Refrigeration
- Air Conditioning
- Carbonating
- Carbon Capture Application
- Oil-Cooled Compressors
- Water-Cooled Compressors
- Electric Compressors
- Gas-Powered Compressors
- Oil & Gas
- Power Generation
- Chemicals & Petrochemicals
- Food & Beverage
- Pharmaceuticals
- Others
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Latin America
- Brazil
- Argentina
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Historical year – 2022
- Base year – 2024
- Forecast period – 2024 to 2034
- Market Estimates & Forecast for 10 years from 2022 to 2034.
- Annualized revenues and regional-level analysis for each market segment.
- Detailed analysis of geographical landscape with country-level market insights.
- Competitive landscape featuring market leaders, growth strategies, and company profiles.
- Insights into key business strategies, investments, and expansion initiatives.
- Competitive structure and analysis of top players operating in the market.
- Demand-side and supply-side evaluation of the market.
Table of Contents
285 Pages
- Chapter 1. Global CO2 Compressor Market Executive Summary
- 1.1. Global CO2 Compressor Market Size & Forecast (2024-2034)
- 1.2. Regional Summary
- 1.3. Segmental Summary
- 1.3.1. By Product Type
- 1.3.2. By Application
- 1.3.3. By Type
- 1.3.4. By Power Source
- 1.3.5. By End-Use
- 1.4. Key Trends
- 1.5. Recession Impact
- 1.6 Industry Metrics
- 1.7 Investment Analysis
- 1.8 Investment Rationale
- 1.9. Analyst Recommendation & Conclusion
- Chapter 2. Global CO2 Compressor Market Definition and Research Assumptions
- 2.1. Research Objective
- 2.2. Market Definition
- 2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
- 2.3.3.1. Availability
- 2.3.3.2. Infrastructure
- 2.3.3.3. Regulatory Environment
- 2.3.3.4. Market Competition
- 2.3.3.5. Economic Viability (Consumer’s Perspective)
- 2.3.4. Demand Side Analysis
- 2.3.4.1. Regulatory Frameworks
- 2.3.4.2. Technological Advancements
- 2.3.4.3. Environmental Considerations
- 2.3.4.4. Consumer Awareness & Acceptance
- 2.4. Estimation Methodology
- 2.5. Years Considered for the Study
- 2.6. Currency Conversion Rates
- Chapter 3. Global CO2 Compressor Market Dynamics
- 3.1. Market Drivers
- 3.1.1. Increasing demand for eco-friendly refrigerants in HVAC and refrigeration applications
- 3.1.2. Technological advancements in compressor efficiency and durability
- 3.1.3. Expansion of end-use industries, including food & beverage and pharmaceuticals
- 3.2. Market Challenges
- 3.2.1. High initial cost and maintenance complexity of CO2 compressors
- 3.2.2. Limited awareness and shortage of skilled labor for handling CO2 compressor systems
- 3.3. Market Opportunities
- 3.3.1. Growing adoption of CO2 compressors in carbon capture & storage applications
- 3.3.2. Expansion of sustainable and energy-efficient industrial cooling solutions
- Chapter 4. Global CO2 Compressor Market Industry Analysis
- 4.1. Porter’s 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter’s 5 Force Model
- 4.1.7. Porter’s 5 Force Impact Analysis
- 4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economic
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
- 4.3. Top Investment Opportunities
- 4.4. Top Winning Strategies
- 4.5. Disruptive Trends in CO2 Compressor Industry
- 4.6. Industry Expert Perspective
- 4.7. Analyst Recommendation & Conclusion
- Chapter 5. Global CO2 Compressor Market Size & Forecasts by Product Type (2024-2034)
- 5.1. Segment Dashboard
- 5.2. Global CO2 Compressor Market: Product Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 5.2.1. Reciprocating Compressors
- 5.2.2. Screw Compressor
- 5.2.3. Centrifugal Compressor
- Chapter 6. Global CO2 Compressor Market Size & Forecasts by Application (2024-2034)
- 6.1. Segment Dashboard
- 6.2. Global CO2 Compressor Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 6.2.1. Refrigeration
- 6.2.2. Air Conditioning
- 6.2.3. Carbonating
- 6.2.4. Carbon Capture Application
- Chapter 7. Global CO2 Compressor Market Size & Forecasts by Type (2024-2034)
- 7.1. Segment Dashboard
- 7.2. Global CO2 Compressor Market: Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 7.2.1. Oil-Cooled Compressors
- 7.2.2. Water-Cooled Compressors
- Chapter 8. Global CO2 Compressor Market Size & Forecasts by Power Source (2024-2034)
- 8.1. Segment Dashboard
- 8.2. Global CO2 Compressor Market: Power Source Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 8.2.1. Electric Compressors
- 8.2.2. Gas-Powered Compressors
- Chapter 9. Global CO2 Compressor Market Size & Forecasts by End Use (2024-2034)
- 9.1. Segment Dashboard
- 9.2. Global CO2 Compressor Market: End Use Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 9.2.1. Oil & Gas
- 9.2.2. Power Generation
- 9.2.3. Chemicals & Petrochemicals
- 9.2.4. Food & Beverage
- 9.2.5. Pharmaceuticals
- 9.2.6. Others
- Chapter 10. Global CO2 Compressor Market Size & Forecasts by Region (2024-2034)
- 10.1. North America CO2 Compressor Market
- 10.1.1. U.S.
- 10.1.2. Canada
- 10.1.3. Mexico
- 10.2. Europe CO2 Compressor Market
- 10.2.1. UK
- 10.2.2. France
- 10.2.3. Germany
- 10.2.4. Italy
- 10.2.5. Spain
- 10.3. Asia-Pacific CO2 Compressor Market
- 10.3.1. China
- 10.3.2. India
- 10.3.3. Japan
- 10.3.4. South Korea
- 10.3.5. Australia
- 10.4. Latin America CO2 Compressor Market
- 10.4.1. Brazil
- 10.4.2. Argentina
- 10.5. Middle East & Africa CO2 Compressor Market
- 10.5.1. South Africa
- 10.5.2. Saudi Arabia
- 10.5.3. UAE
- Chapter 11. Competitive Intelligence
- 11.1. Key Company SWOT Analysis
- 11.1.1. Atlas Copco AB
- 11.1.2. Siemens AG
- 11.1.3. Mitsubishi Heavy Industries, Ltd.
- 11.2. Top Market Strategies
- 11.3. Company Profiles
- 11.3.1. Atlas Copco AB
- 11.3.2. Siemens AG
- 11.3.3. Mitsubishi Heavy Industries, Ltd.
- 11.3.4. Danfoss
- 11.3.5. Copeland LP
- 11.3.6. Dorin S.p.A.
- 11.3.7. HAUG Sauer Kompressoren AG
- 11.3.8. Mehrer Compression GmbH
- 11.3.9. SANDEN CORPORATION
- 11.3.10. Panasonic Corporation
- Chapter 12. Research Process
- 12.1. Research Process
- 12.2. Data Mining
- 12.3. Market Estimation
- 12.4. Validation
- 12.5. Publishing
- 12.6. Research Attributes
Pricing
Currency Rates
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