Market Overview:
The global compressor for refrigerator 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 energy-efficient appliances, rising disposable income, and growing awareness about compressor technology among consumers. The reciprocating compressor segment is expected to dominate the global compressor for refrigerator market during the forecast period, owing to its high efficiency and low noise levels. However, the rotary compressor segment is projected to grow at a higher CAGR than other segments during the forecast period due its superior performance and longer life span as compared with reciprocating compressors. In terms of applications, large factories are expected to account for a major share of the global compressor for refrigerator market in 2018.
Product Definition:
A compressor is a device that increases the pressure of a gas by reducing its volume. In refrigeration, it is used to compress the vaporized refrigerant in the condenser so that it can be cooled and condensed into liquid form.
Reciprocating Compressor:
A reciprocating compressor is a mechanical device used to increase the pressure inside a refrigeration system. It works in two phases, intake and compression. The machine has an inlet connected to the refrigerant flow, which is followed by an outlet with reduced pressure.
Rotary Compressor:
Rotary compressor is a mechanical device used to increase the pressure of gas by reducing its volume. It works on the principle of centrifugal force which increases as the gas is compressed. The working principle of rotary compressor is based on reciprocating motion with fixed suction and discharge valves.
Application Insights:
The large-scale manufacturing sector dominated the global compressor for refrigerator market, accounting for over 60.0% share of the total revenue in 2017. The growth can be attributed to increasing demand from industrial applications including food and beverage processing plants, chemical plants and petrochemical complexes. Large-scale manufacturing is also likely to expand at a healthy CAGR owing to favorable factors such as availability of low cost land, easy access to electricity and water supply along with improved transportation facilities which have resulted in an increased number of investments in China, India and Brazil over the recent past years.
The daily commercial segment is expected register a significant CAGR during the forecast period on account of growing demand from hotels.
Regional Analysis:
Asia Pacific dominated the global market in 2017 owing to rapid industrialization and increasing construction activities. The region is expected to witness significant growth over the forecast period due to rising disposable income, improving standard of living, and growing population. Moreover, government initiatives encouraging FDI are anticipated to contribute toward regional growth. Increasing demand for food products such as fresh fruits & vegetables along with expanding beverage industry is also likely to drive the market in this region over the forecast period.
The European market was valued at USD X million in 2017 and is projected to grow at a CAGR of XX% from 2018 To 2030 owing high consumption of energy-efficient appliances coupled with stringent environmental regulations by various regulatory bodies such as EEA (European Economic Area), REACH (Registration, Evaluation, Authorization) which has led manufacturers focus on developing efficient models meeting these requirements thus driving product demand across this region.
Growth Factors:
- Increasing demand for energy-efficient appliances
- Rising disposable income of consumers in developing countries
- Proliferation of online retailing and home delivery services
- Growing popularity of compressorless refrigerators
- Technological advancements that improve the performance and efficiency of compressors
Scope Of The Report
Report Attributes
Report Details
Report Title
Compressor for Refrigerator Market Research Report
By Type
Reciprocating Compressor, Rotary Compressor, Others
By Application
Large Factories, Daily Commercial, Household
By Companies
Emerson, GMCC, Huayi Compressor, Huangshi Dongbei, Landa, Embraco, Panasonic, Secop, LG, HITACHI, Emerson, Shanghai Highly, Bitzer, Tecumseh, Wanbao, Samsung, Mitsubishi, RECHI Group, Frascold, Daikin
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
182
Number of Tables & Figures
128
Customization Available
Yes, the report can be customized as per your need.
Global Compressor for Refrigerator Market Report Segments:
The global Compressor for Refrigerator market is segmented on the basis of:
Types
Reciprocating Compressor, Rotary Compressor, Others
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
Large Factories, Daily Commercial, Household
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:
- Emerson
- GMCC
- Huayi Compressor
- Huangshi Dongbei
- Landa
- Embraco
- Panasonic
- Secop
- LG
- HITACHI
- Emerson
- Shanghai Highly
- Bitzer
- Tecumseh
- Wanbao
- Samsung
- Mitsubishi
- RECHI Group
- Frascold
- Daikin
Highlights of The Compressor for Refrigerator 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 Compressor
- Rotary Compressor
- Others
- By Application:
- Large Factories
- Daily Commercial
- Household
- 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 Compressor for Refrigerator 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?
A compressor is a machine that helps to reduce the amount of air needed to cool or freeze food.
Some of the key players operating in the compressor for refrigerator market are Emerson, GMCC, Huayi Compressor, Huangshi Dongbei, Landa, Embraco, Panasonic, Secop, LG, HITACHI, Emerson, Shanghai Highly, Bitzer, Tecumseh, Wanbao, Samsung, Mitsubishi, RECHI Group, Frascold, Daikin.
The compressor for refrigerator market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Compressor for Refrigerator Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Compressor for Refrigerator Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Compressor for Refrigerator Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Compressor for Refrigerator Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Compressor for Refrigerator Market Size & Forecast, 2018-2028
4.5.1 Compressor for Refrigerator Market Size and Y-o-Y Growth
4.5.2 Compressor for Refrigerator Market Absolute $ Opportunity
Chapter 5 Global Compressor for Refrigerator Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Compressor for Refrigerator Market Size Forecast by Type
5.2.1 Reciprocating Compressor
5.2.2 Rotary Compressor
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Compressor for Refrigerator Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Compressor for Refrigerator Market Size Forecast by Applications
6.2.1 Large Factories
6.2.2 Daily Commercial
6.2.3 Household
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Compressor for Refrigerator Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Compressor for Refrigerator Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Compressor for Refrigerator Analysis and Forecast
9.1 Introduction
9.2 North America Compressor for Refrigerator Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Compressor for Refrigerator Market Size Forecast by Type
9.6.1 Reciprocating Compressor
9.6.2 Rotary Compressor
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Compressor for Refrigerator Market Size Forecast by Applications
9.10.1 Large Factories
9.10.2 Daily Commercial
9.10.3 Household
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Compressor for Refrigerator Analysis and Forecast
10.1 Introduction
10.2 Europe Compressor for Refrigerator Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Compressor for Refrigerator Market Size Forecast by Type
10.6.1 Reciprocating Compressor
10.6.2 Rotary Compressor
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Compressor for Refrigerator Market Size Forecast by Applications
10.10.1 Large Factories
10.10.2 Daily Commercial
10.10.3 Household
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Compressor for Refrigerator Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Compressor for Refrigerator Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Compressor for Refrigerator Market Size Forecast by Type
11.6.1 Reciprocating Compressor
11.6.2 Rotary Compressor
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Compressor for Refrigerator Market Size Forecast by Applications
11.10.1 Large Factories
11.10.2 Daily Commercial
11.10.3 Household
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Compressor for Refrigerator Analysis and Forecast
12.1 Introduction
12.2 Latin America Compressor for Refrigerator Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Compressor for Refrigerator Market Size Forecast by Type
12.6.1 Reciprocating Compressor
12.6.2 Rotary Compressor
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Compressor for Refrigerator Market Size Forecast by Applications
12.10.1 Large Factories
12.10.2 Daily Commercial
12.10.3 Household
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Compressor for Refrigerator Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Compressor for Refrigerator Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Compressor for Refrigerator Market Size Forecast by Type
13.6.1 Reciprocating Compressor
13.6.2 Rotary Compressor
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Compressor for Refrigerator Market Size Forecast by Applications
13.10.1 Large Factories
13.10.2 Daily Commercial
13.10.3 Household
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Compressor for Refrigerator Market: Competitive Dashboard
14.2 Global Compressor for Refrigerator Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Emerson
14.3.2 GMCC
14.3.3 Huayi Compressor
14.3.4 Huangshi Dongbei
14.3.5 Landa
14.3.6 Embraco
14.3.7 Panasonic
14.3.8 Secop
14.3.9 LG
14.3.10 HITACHI
14.3.11 Emerson
14.3.12 Shanghai Highly
14.3.13 Bitzer
14.3.14 Tecumseh
14.3.15 Wanbao
14.3.16 Samsung
14.3.17 Mitsubishi
14.3.18 RECHI Group
14.3.19 Frascold
14.3.20 Daikin
