Market Overview:
The global dual refrigerant recovery machines market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for air conditioners, freezers, refrigerators, and other appliances across the globe. Additionally, the growing awareness about energy efficiency and environmental protection is also propelling the demand for dual refrigerant recovery machines globally. On the basis of type, small refrigerant recovery machines are expected to account for a major share of the global dual refrigerant recovery machines market during the forecast period. This can be attributed to their low cost and easy portability.
Product Definition:
Dual refrigerant recovery machines are devices that are used to extract the refrigerant gas from an air-conditioning or refrigerator system. This machine can also be used to evacuate the system of any moisture or other contaminants. The importance of this type of machine is that it can provide a more complete and thorough evacuation of the system, which can help to improve the performance and longevity of the equipment.
Small Refrigerant Recovery Machines:
Small refrigerant recovery machines are used to recover and recycle the heat from the warm air that is released from a refrigeration system. The recovered heat is then used to cool down the systems which reduce energy consumption in cooling and freezing processes. These small machines are mainly used for commercial applications such as supermarkets, hypermarkets, departmental stores, shopping malls and food & beverage facilities among others where there is a high demand for effective cooling systems.
Residential Refrigerant Recovery Machines:
Residential refrigerant recovery machines are used to recycle the heat from a refrigeration system and re-use the heat in the same way that an air conditioner does. The machine works by taking advantage of latent or invisible energy present in certain substances, such as ammonia, which is often referred to as cold ghost.
The amount of cooling required for a typical home can easily be accommodated by having two AC units installed - one for each floor of the house.
Application Insights:
The air conditioners segment dominated the global dual refrigerant recovery machines market in 2017. This can be attributed to the growing demand for air conditioning systems in residential and commercial buildings, owing to rising temperatures across various regions. Moreover, increasing spending on home appliances is expected to propel growth over the forecast period. The refrigerators segment is also projected to witness significant growth during the same period owing to increased consumer spending on high-quality appliances with advanced features and functionalities. Increasing demand for energy-efficient products coupled with government initiatives promoting such products are likely drive product demand from refrigerators application segment over next seven years.
Refrigerators account for a major share of total system cost as they consume more electricity than any other appliance due largely to their large size.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing awareness regarding energy conservation and sustainable practices, coupled with rapid urbanization in emerging countries such as China and India. Moreover, rising disposable income levels are anticipated to fuel demand for technologically advanced products with enhanced performance characteristics.
The Asia Pacific region accounted for a revenue share of more than 30% in 2017 owing to high product consumption in residential applications across various economies including China, Japan, South Korea, Taiwan and India. Furthermore, growing industrial activities coupled with expanding commercial sector will further drive product demand over the next eight years.
North America was estimated as one of the largest markets for dual refrigerant recovery machines due to presence of major manufacturers operating within U.S., such as Honeywell International Inc.; Emerson Electric Co.
Growth Factors:
- Increasing demand for dual refrigerant recovery machines from the automotive and transportation sector due to the increasing adoption of dual-fuel vehicles.
- Growing demand for dual refrigerant recovery machines from the HVAC sector due to the increasing demand for energy-efficient equipment.
- Rising popularity of green buildings, which require efficient and eco-friendly cooling systems, is expected to drive the growth of the dual refrigerant recovery machines market during the forecast period.
- The growing number of service centers offering repair and maintenance services for air conditioning and refrigeration systems is projected to fuel growth in demand for dual refrigerant recovery machines during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Dual Refrigerant Recovery Machines Market Research Report
By Type
Small Refrigerant Recovery Machines, Residential Refrigerant Recovery Machines, Commercial Recovery Machines
By Application
Air Conditioners, Freezers, Refrigerators, Others
By Companies
Reftec International Systems, Appion, INFICON, CPS Products, YELLOW JACKET, Bacharach
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Dual Refrigerant Recovery Machines Market Report Segments:
The global Dual Refrigerant Recovery Machines market is segmented on the basis of:
Types
Small Refrigerant Recovery Machines, Residential Refrigerant Recovery Machines, Commercial Recovery Machines
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
Air Conditioners, Freezers, Refrigerators, Others
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:
- Reftec International Systems
- Appion
- INFICON
- CPS Products
- YELLOW JACKET
- Bacharach
Highlights of The Dual Refrigerant Recovery Machines 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:
- Small Refrigerant Recovery Machines
- Residential Refrigerant Recovery Machines
- Commercial Recovery Machines
- By Application:
- Air Conditioners
- Freezers
- Refrigerators
- Others
- 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 Dual Refrigerant Recovery Machines 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Dual Refrigerant Recovery Machines are machines that can recover both refrigerants from a system. This is important because it allows the system to be used again and helps to reduce environmental impact.
Some of the major players in the dual refrigerant recovery machines market are Reftec International Systems, Appion, INFICON, CPS Products, YELLOW JACKET, Bacharach.
The dual refrigerant recovery machines market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Dual Refrigerant Recovery Machines 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. Dual Refrigerant Recovery Machines Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Dual Refrigerant Recovery Machines Market - Supply Chain
4.5. Global Dual Refrigerant Recovery Machines Market Forecast
4.5.1. Dual Refrigerant Recovery Machines Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Dual Refrigerant Recovery Machines Market Size (000 Units) and Y-o-Y Growth
4.5.3. Dual Refrigerant Recovery Machines Market Absolute $ Opportunity
5. Global Dual Refrigerant Recovery Machines 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. Dual Refrigerant Recovery Machines Market Size and Volume Forecast by Type
5.3.1. Small Refrigerant Recovery Machines
5.3.2. Residential Refrigerant Recovery Machines
5.3.3. Commercial Recovery Machines
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Dual Refrigerant Recovery Machines 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. Dual Refrigerant Recovery Machines Market Size and Volume Forecast by Application
6.3.1. Air Conditioners
6.3.2. Freezers
6.3.3. Refrigerators
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Dual Refrigerant Recovery Machines 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. Dual Refrigerant Recovery Machines 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 Dual Refrigerant Recovery Machines 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. Dual Refrigerant Recovery Machines 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 Dual Refrigerant Recovery Machines Demand Share Forecast, 2019-2029
9. North America Dual Refrigerant Recovery Machines 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 Dual Refrigerant Recovery Machines 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 Dual Refrigerant Recovery Machines Market Size and Volume Forecast by Application
9.4.1. Air Conditioners
9.4.2. Freezers
9.4.3. Refrigerators
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Dual Refrigerant Recovery Machines Market Size and Volume Forecast by Type
9.7.1. Small Refrigerant Recovery Machines
9.7.2. Residential Refrigerant Recovery Machines
9.7.3. Commercial Recovery Machines
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 Dual Refrigerant Recovery Machines Demand Share Forecast, 2019-2029
10. Latin America Dual Refrigerant Recovery Machines 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 Dual Refrigerant Recovery Machines 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 Dual Refrigerant Recovery Machines Market Size and Volume Forecast by Application
10.4.1. Air Conditioners
10.4.2. Freezers
10.4.3. Refrigerators
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Dual Refrigerant Recovery Machines Market Size and Volume Forecast by Type
10.7.1. Small Refrigerant Recovery Machines
10.7.2. Residential Refrigerant Recovery Machines
10.7.3. Commercial Recovery Machines
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 Dual Refrigerant Recovery Machines Demand Share Forecast, 2019-2029
11. Europe Dual Refrigerant Recovery Machines 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 Dual Refrigerant Recovery Machines 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 Dual Refrigerant Recovery Machines Market Size and Volume Forecast by Application
11.4.1. Air Conditioners
11.4.2. Freezers
11.4.3. Refrigerators
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Dual Refrigerant Recovery Machines Market Size and Volume Forecast by Type
11.7.1. Small Rerigerant Recovery Machines
11.7.2. Residential Refrigerant Recovery Machines
11.7.3. Commercial Recovery Machines
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth 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 Dual Refrigerant Recovery Machines Demand Share, 2019-2029
12. Asia Pacific Dual Refrigerant Recovery Machines 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 Dual Refrigerant Recovery Machines 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 Dual Refrigerant Recovery Machines Market Size and Volume Forecast by Application
12.4.1. Air Conditioners
12.4.2. Freezers
12.4.3. Refrigerators
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Dual Refrigerant Recovery Machines Market Size and Volume Forecast by Type
12.7.1. Small Refrigerant Recovery Machines
12.7.2. Residential Refrigerant Recovery Machines
12.7.3. Commercial Recovery Machines
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 Dual Refrigerant Recovery Machines Demand Share, 2019-2029
13. Middle East & Africa Dual Refrigerant Recovery Machines 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 Dual Refrigerant Recovery Machines 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 Dual Refrigerant Recovery Machines Market Size and Volume Forecast by Application
13.4.1. Air Conditioners
13.4.2. Freezers
13.4.3. Refrigerators
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Dual Refrigerant Recovery Machines Market Size and Volume Forecast by Type
13.7.1. Small Refrigerant Recovery Machines
13.7.2. Residential Refrigerant Recovery Machines
13.7.3. Commercial Recovery Machines
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 Dual Refrigerant Recovery Machines Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Dual Refrigerant Recovery Machines Market: Market Share Analysis
14.2. Dual Refrigerant Recovery Machines Distributors and Customers
14.3. Dual Refrigerant Recovery Machines Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Reftec International Systems
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Appion
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. INFICON
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. CPS Products
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. YELLOW JACKET
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Bacharach
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
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