Market Overview:
The global compressors for commercial refrigeration 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 commercial refrigeration equipment, especially in developing countries. In addition, the growing awareness about energy-efficient equipment is also contributing to the growth of this market. The reciprocating compressor segment is expected to dominate the global compressors for commercial refrigeration market during the forecast period, owing to its low cost and high efficiency.
Product Definition:
A compressor is a device that increases the pressure of a gas by reducing its volume. In refrigeration, compressors are used to circulate refrigerant through the system. The compressor is one of the most important components in a commercial refrigerator or freezer, as it circulates the refrigerant and helps to maintain an even temperature throughout the unit.
Reciprocating Compressor:
A reciprocating compressor is a mechanical device used to increase or decrease the pressure in a system. It works by transferring the energy from one or more sources of power to drive its pistons, which then compress or expand the air. The compressed air is then delivered to the connected devices through pipes of appropriate size for that flow rate.
Rotary Compressor:
Rotary compressor is a mechanical device used to increase the pressure of gas or liquid. It works by reducing the volume of a chamber containing rotary blades which are engaged with a stationary wall. Compressed air is output from such chamber in form of jets through openings in the bodywork. The compressed air can be used for various applications including cooling, cleaning and drying, material handling and transportation etc.
Application Insights:
The refrigerator application segment accounted for the largest share of over 50.0% in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing demand for compact, energy-efficient and portable compressors that can suit small spaces easily. Moreover, these compressors are designed in a way that they consume less power, produce lower noise levels and have low maintenance cost as compared with other applications such as air conditioner or heat pump compressor.
The other applications segment includes fish tank cooling systems, freezers.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing industrialization, rising disposable income levels, and rapid urbanization & infrastructure development. Furthermore, China is anticipated to emerge as a major consumer for commercial compressors owing to its large-scale manufacturing sector including automotive industry.
The Asia Pacific regional market has observed significant growth in recent years owing to increased government spending on infrastructural development projects such as airports and seaports which have led to an increase in maritime trade activities across various countries including China, India, Thailand etc., thus propelling product demand across this region. In addition, growing tourism industry will also contribute towards product demand over the next eight years.
Growth Factors:
- Increasing demand for commercial refrigeration from food and beverage industry
- Rising disposable income of consumers in developing countries
- Technological advancements in compressors for commercial refrigeration
- Growing popularity of supermarket and hypermarket formats
- Stringent regulations on energy consumption
Scope Of The Report
Report Attributes
Report Details
Report Title
Compressors for Commercial Refrigeration Market Research Report
By Type
Reciprocating Compressor, Rotary Compressor, Screw Compressor, Others
By Application
Refrigerator, Air Conditioner, Other
By Companies
GMCC, Landa, HUAYI, Donper, Highly, Embraco, Panasonic, LG, RECHI Group, Samsung, Johnson Controls-Hitachi, Emerson, Secop, Tecumseh, FISCHER, Carlyle Compressors, FRASCOLD, Bitzer, Hanbell, Fusheng Industrial, GEA Bock
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Compressors for Commercial Refrigeration Market Report Segments:
The global Compressors for Commercial Refrigeration market is segmented on the basis of:
Types
Reciprocating Compressor, Rotary Compressor, Screw 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
Refrigerator, Air Conditioner, Other
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:
- GMCC
- Landa
- HUAYI
- Donper
- Highly
- Embraco
- Panasonic
- LG
- RECHI Group
- Samsung
- Johnson Controls-Hitachi
- Emerson
- Secop
- Tecumseh
- FISCHER
- Carlyle Compressors
- FRASCOLD
- Bitzer
- Hanbell
- Fusheng Industrial
- GEA Bock
Highlights of The Compressors for Commercial Refrigeration 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
- Screw Compressor
- Others
- By Application:
- Refrigerator
- Air Conditioner
- Other
- 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 Compressors for Commercial Refrigeration 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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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?
Compressors are used in commercial refrigeration to reduce the amount of air that is needed to cool the system. This can help to save energy and money.
Some of the major companies in the compressors for commercial refrigeration market are GMCC, Landa, HUAYI, Donper, Highly, Embraco, Panasonic, LG, RECHI Group, Samsung, Johnson Controls-Hitachi, Emerson, Secop, Tecumseh, FISCHER, Carlyle Compressors, FRASCOLD, Bitzer, Hanbell, Fusheng Industrial, GEA Bock.
The compressors for commercial refrigeration 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 Compressors for Commercial Refrigeration 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 Compressors for Commercial Refrigeration Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Compressors for Commercial Refrigeration 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 Compressors for Commercial Refrigeration 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 Compressors for Commercial Refrigeration Market Size & Forecast, 2018-2028
4.5.1 Compressors for Commercial Refrigeration Market Size and Y-o-Y Growth
4.5.2 Compressors for Commercial Refrigeration Market Absolute $ Opportunity
Chapter 5 Global Compressors for Commercial Refrigeration 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 Compressors for Commercial Refrigeration Market Size Forecast by Type
5.2.1 Reciprocating Compressor
5.2.2 Rotary Compressor
5.2.3 Screw Compressor
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Compressors for Commercial Refrigeration 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 Compressors for Commercial Refrigeration Market Size Forecast by Applications
6.2.1 Refrigerator
6.2.2 Air Conditioner
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Compressors for Commercial Refrigeration 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 Compressors for Commercial Refrigeration 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 Compressors for Commercial Refrigeration Analysis and Forecast
9.1 Introduction
9.2 North America Compressors for Commercial Refrigeration 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 Compressors for Commercial Refrigeration Market Size Forecast by Type
9.6.1 Reciprocating Compressor
9.6.2 Rotary Compressor
9.6.3 Screw Compressor
9.6.4 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 Compressors for Commercial Refrigeration Market Size Forecast by Applications
9.10.1 Refrigerator
9.10.2 Air Conditioner
9.10.3 Other
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 Compressors for Commercial Refrigeration Analysis and Forecast
10.1 Introduction
10.2 Europe Compressors for Commercial Refrigeration 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 Compressors for Commercial Refrigeration Market Size Forecast by Type
10.6.1 Reciprocating Compressor
10.6.2 Rotary Compressor
10.6.3 Screw Compressor
10.6.4 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 Compressors for Commercial Refrigeration Market Size Forecast by Applications
10.10.1 Refrigerator
10.10.2 Air Conditioner
10.10.3 Other
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 Compressors for Commercial Refrigeration Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Compressors for Commercial Refrigeration 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 Compressors for Commercial Refrigeration Market Size Forecast by Type
11.6.1 Reciprocating Compressor
11.6.2 Rotary Compressor
11.6.3 Screw Compressor
11.6.4 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 Compressors for Commercial Refrigeration Market Size Forecast by Applications
11.10.1 Refrigerator
11.10.2 Air Conditioner
11.10.3 Other
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 Compressors for Commercial Refrigeration Analysis and Forecast
12.1 Introduction
12.2 Latin America Compressors for Commercial Refrigeration 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 Compressors for Commercial Refrigeration Market Size Forecast by Type
12.6.1 Reciprocating Compressor
12.6.2 Rotary Compressor
12.6.3 Screw Compressor
12.6.4 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 Compressors for Commercial Refrigeration Market Size Forecast by Applications
12.10.1 Refrigerator
12.10.2 Air Conditioner
12.10.3 Other
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) Compressors for Commercial Refrigeration Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Compressors for Commercial Refrigeration 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) Compressors for Commercial Refrigeration Market Size Forecast by Type
13.6.1 Reciprocating Compressor
13.6.2 Rotary Compressor
13.6.3 Screw Compressor
13.6.4 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) Compressors for Commercial Refrigeration Market Size Forecast by Applications
13.10.1 Refrigerator
13.10.2 Air Conditioner
13.10.3 Other
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 Compressors for Commercial Refrigeration Market: Competitive Dashboard
14.2 Global Compressors for Commercial Refrigeration Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GMCC
14.3.2 Landa
14.3.3 HUAYI
14.3.4 Donper
14.3.5 Highly
14.3.6 Embraco
14.3.7 Panasonic
14.3.8 LG
14.3.9 RECHI Group
14.3.10 Samsung
14.3.11 Johnson Controls-Hitachi
14.3.12 Emerson
14.3.13 Secop
14.3.14 Tecumseh
14.3.15 FISCHER
14.3.16 Carlyle Compressors
14.3.17 FRASCOLD
14.3.18 Bitzer
14.3.19 Hanbell
14.3.20 Fusheng Industrial
14.3.21 GEA Bock
