Condensing Units

Condensing Units

Global Condensing Units Market to Reach $54.1 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Condensing Units estimated at US$31.4 Billion in the year 2022, is projected to reach a revised size of US$54.1 Billion by 2030, growing at aCAGR of 7% over the period 2022-2030. Air-Cooled Condensing Unit, one of the segments analyzed in the report, is projected to record 7.5% CAGR and reach US$31.5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Water-Cooled Condensing Unit segment is readjusted to a revised 6.6% CAGR for the next 8-year period.

The U.S. Market is Estimated at $8.4 Billion, While China is Forecast to Grow at 10.6% CAGR
The Condensing Units market in the U.S. is estimated at US$8.4 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$13.1 Billion by the year 2030 trailing a CAGR of 10.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.8% and 6.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.3% CAGR.

Select Competitors (Total 38 Featured) -

• Advansor A/S
• Baltimore Aircoil Company
• BITZER Kuhlmaschinenbau GmbH
• Blue Star Ltd.
• Carrier Corporation
• Daikin Applied
• Danfoss A/S
• Dorin S.p.A
• Emerson Electric Company
• Evapco, Inc.
• Frascold SpA
• FreezeIndia Mfg. Pvt. Ltd.
• GEA Group AG
• Heatcraft Worldwide Refrigeration
• Howe Corp.
• Hussmann Corporation
• Mta
• National Comfort Products
• Patton Ltd.
• Safe Air Technology
• SCM Frigo S.p.a
• Shanghai Generralfushi Refrigeration Equipment CO., LTD.
• Shree Refrigerations Pvt. Ltd.
• Tecumseh Products Company LLC
• Voltas Ltd.
• Zanotti S.p.A

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