Market Overview:
The Global Commercial RAC PD Compressor Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for energy-efficient and reliable commercial refrigeration and air conditioning systems across the globe. Scroll type compressors are expected to witness higher growth rates as compared to reciprocating type compressors, owing to their high efficiency and low noise levels. Asia Pacific is projected to be the fastest growing region in the global commercial RAC PD compressor market, followed by Europe.
Product Definition:
A commercial RAC PD compressor is a type of refrigeration compressor that is used in commercial refrigeration systems. These compressors are typically used to cool large spaces, such as grocery stores and warehouses. They are important for keeping food products cold and ensuring that businesses can continue to operate smoothly.
Reciprocating Type:
Reciprocating type is a reciprocating compressor which means it uses positive pressure for operations. It is different from rotary because in the former, there is no rotation of the impeller but only movement of gas towards and away from the outlet.
Scroll Type:
The scroll type is a mechanism that allows changing of the speed of the compressor. It helps in controlling flow rate and enhances efficiency by reducing power loss due to fluctuation in flow rates. The compressors are equipped with an electronic control system, which can adjust the speed of the compressor according to requirement for maintaining constant pressure and volume throughout its cycle.
Application Insights:
The air conditioning application segment led the global market and accounted for more than 45.0% share of the total revenue in 2017. The growth is attributed to the growing demand for PD compressors in industrial applications, such as food processing plants and chemical plants. In addition, RACPDs are used in HVAC systems, which comprises commercial buildings (offices), data centers (warehousing & distribution) and homes (residential).
The refrigeration application segment is expected to witness significant growth over the forecast period owing to its increasing use in food processing industry across various end-use industries including dairy products, meat products and produce among others.
Regional Analysis:
Asia Pacific dominated the global market in 2017 owing to the presence of key compressor manufacturers such as Koyo Group, Ltd., IHI Corporation, and Mitsubishi Electric Factory. The region is expected to maintain its dominance over the forecast period due to favorable government policies for manufacturing compressors and refrigeration equipment coupled with increasing industrial activities in emerging economies such as China and India.
The European market is anticipated to witness significant growth over the forecast period owing to an increase in demand from HVAC & refrigeration industry coupled with rising installations of air conditioning systems by automobile manufacturers. In addition, high energy prices have led consumers toward more efficient HVAC solutions which will further drive product demand across Europe during the forecast period.
Growth Factors:
- Increasing demand for compressed air in various industries for various applications
- Growing investments in manufacturing and processing sectors
- Rising demand from end-use industries such as automotive, food and beverage, oil and gas, etc.
- Technological advancements in compressor design and manufacturing processes
- Stringent environmental regulations to promote the use of energy efficient equipment
Scope Of The Report
Report Attributes
Report Details
Report Title
Commercial RAC PD Compressor Market Research Report
By Type
Reciprocating Type, Scroll Type
By Application
Refrigeration, Air Conditioning
By Companies
Danfoss Group, Huayi Compressor, Midea Group, Emerson Electric, Nidec Corporation, Mitsubishi Electric, Panasonic, United Technologies, GEA Group, Mayekawa
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Commercial RAC PD Compressor Market Report Segments:
The global Commercial RAC PD Compressor market is segmented on the basis of:
Types
Reciprocating Type, Scroll Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Refrigeration, Air Conditioning
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Danfoss Group
- Huayi Compressor
- Midea Group
- Emerson Electric
- Nidec Corporation
- Mitsubishi Electric
- Panasonic
- United Technologies
- GEA Group
- Mayekawa
Highlights of The Commercial RAC PD Compressor Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Reciprocating Type
- Scroll Type
- By Application:
- Refrigeration
- Air Conditioning
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Commercial RAC PD Compressor Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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- Consumer Insights
- Understanding Competition Scenario
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Commercial RAC PD Compressor is a compressor that can be used in industrial and commercial settings. It is designed to provide high-quality air compression for a variety of applications.
Some of the major companies in the commercial rac pd compressor market are Danfoss Group, Huayi Compressor, Midea Group, Emerson Electric, Nidec Corporation, Mitsubishi Electric, Panasonic, United Technologies, GEA Group, Mayekawa.
The commercial rac pd compressor market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Commercial RAC PD Compressor Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Commercial RAC PD Compressor Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Commercial RAC PD Compressor Market - Supply Chain
4.5. Global Commercial RAC PD Compressor Market Forecast
4.5.1. Commercial RAC PD Compressor Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Commercial RAC PD Compressor Market Size (000 Units) and Y-o-Y Growth
4.5.3. Commercial RAC PD Compressor Market Absolute $ Opportunity
5. Global Commercial RAC PD Compressor Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Commercial RAC PD Compressor Market Size and Volume Forecast by Type
5.3.1. Reciprocating Type
5.3.2. Scroll Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Commercial RAC PD Compressor Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Commercial RAC PD Compressor Market Size and Volume Forecast by Application
6.3.1. Refrigeration
6.3.2. Air Conditioning
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Commercial RAC PD Compressor Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Commercial RAC PD Compressor Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Commercial RAC PD Compressor Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Commercial RAC PD Compressor Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Commercial RAC PD Compressor Demand Share Forecast, 2019-2026
9. North America Commercial RAC PD Compressor Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Commercial RAC PD Compressor Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Commercial RAC PD Compressor Market Size and Volume Forecast by Application
9.4.1. Refrigeration
9.4.2. Air Conditioning
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Commercial RAC PD Compressor Market Size and Volume Forecast by Type
9.7.1. Reciprocating Type
9.7.2. Scroll Type
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Commercial RAC PD Compressor Demand Share Forecast, 2019-2026
10. Latin America Commercial RAC PD Compressor Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Commercial RAC PD Compressor Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Commercial RAC PD Compressor Market Size and Volume Forecast by Application
10.4.1. Refrigeration
10.4.2. Air Conditioning
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Commercial RAC PD Compressor Market Size and Volume Forecast by Type
10.7.1. Reciprocating Type
10.7.2. Scroll Type
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Commercial RAC PD Compressor Demand Share Forecast, 2019-2026
11. Europe Commercial RAC PD Compressor Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Commercial RAC PD Compressor Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Commercial RAC PD Compressor Market Size and Volume Forecast by Application
11.4.1. Refrigeration
11.4.2. Air Conditioning
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Commercial RAC PD Compressor Market Size and Volume Forecast by Type
11.7.1. Reciprocating Type
11.7.2. Scroll Type
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Gowth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Commercial RAC PD Compressor Demand Share, 2019-2026
12. Asia Pacific Commercial RAC PD Compressor Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Commercial RAC PD Compressor Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Commercial RAC PD Compressor Market Size and Volume Forecast by Application
12.4.1. Refrigeration
12.4.2. Air Conditioning
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Commercial RAC PD Compressor Market Size and Volume Forecast by Type
12.7.1. Reciprocating Type
12.7.2. Scroll Type
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Commercial RAC PD Compressor Demand Share, 2019-2026
13. Middle East & Africa Commercial RAC PD Compressor Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Commercial RAC PD Compressor Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Commercial RAC PD Compressor Market Size and Volume Forecast by Application
13.4.1. Refrigeration
13.4.2. Air Conditioning
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Commercial RAC PD Compressor Market Size and Volume Forecast by Type
13.7.1. Reciprocating Type
13.7.2. Scroll Type
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Commercial RAC PD Compressor Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Commercial RAC PD Compressor Market: Market Share Analysis
14.2. Commercial RAC PD Compressor Distributors and Customers
14.3. Commercial RAC PD Compressor Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Danfoss Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Huayi Compressor
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Midea Group
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Emerson Electric
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Nidec Corporation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Mitsubishi Electric
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Panasonic
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. United Technologies
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. GEA Group
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Mayekawa
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook