Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Dual Refrigerant Recovery Machines Market by Type (Small Refrigerant Recovery Machines, Residential Refrigerant Recovery Machines, Commercial Recovery Machines), By Application (Air Conditioners, Freezers, Refrigerators, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Dual Refrigerant Recovery Machines Market by Type (Small Refrigerant Recovery Machines, Residential Refrigerant Recovery Machines, Commercial Recovery Machines), By Application (Air Conditioners, Freezers, Refrigerators, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 131372 3300 Machinery & Equipment 377 230 Pages 4.5 (35)
                                          

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.


Global Dual Refrigerant Recovery Machines Industry Outlook


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:

  1. Reftec International Systems
  2. Appion
  3. INFICON
  4. CPS Products
  5. YELLOW JACKET
  6. Bacharach

Global Dual Refrigerant Recovery Machines Market Overview


Highlights of The Dual Refrigerant Recovery Machines Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Small Refrigerant Recovery Machines
    2. Residential Refrigerant Recovery Machines
    3. Commercial Recovery Machines
  1. By Application:

    1. Air Conditioners
    2. Freezers
    3. Refrigerators
    4. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. 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

Global Dual Refrigerant Recovery Machines Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. 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

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