Market Overview:
The global rotary air conditioning compressor 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 and environment-friendly cooling solutions across the globe. Additionally, the growing construction and automotive industries are also expected to drive the demand for rotary air conditioning compressors in the coming years. On the basis of type, variable speed compressors are expected to dominate the global rotary air conditioning compressor market duringthe forecast period owingto their high efficiency and ability tomaintain desired temperature levels with minimal fluctuations.
Product Definition:
A rotary compressor is a type of air conditioning compressor that uses a rotor to compress the refrigerant. Rotary compressors are often used in commercial and industrial applications where large amounts of cooling or heating are required.
Variable Speed:
The variable speed is a feature that allows the compressor to run at different speeds. It can be used for various applications such as cooling of residential and commercial buildings, air-moving traffic in airports or even for air-moving equipment in manufacturing industries. The variable speed function helps reduce fuel consumption and operating costs by allowing the system to run at lower speeds during off peak hours.
Fixed Speed:
Fixed speed compressor is a type of air conditioning compressor which operates at constant speeds. It’s used to provide steady flow of refrigerant and thus helps in maintaining the temperature. Fixed speed ACs are mostly used for commercial applications such as shopping malls, showrooms, hospitals, etc.
Application Insights:
The demand for the product is expected to be highest in the commercial sector owing to its ability to maintain optimal temperature in large areas with minimal energy consumption. The residential sector is also likely to witness significant growth over the forecast period due largely on account of increasing disposable income, which has resulted in an increased number of households owning a rotary air conditioner. Furthermore, growing urbanization and rising real estate prices have led consumers towards purchasing a new house with modern facilities including air conditioning systems. This factor is projected to drive market demand over the forecast period.
Rotary air conditioners are used widely across residential applications as they offer superior cooling performance as compared with other conventional technologies such as central air Conditioning or forced-air cooling systems.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing construction activities in emerging economies, such as China and India. In addition, rapid urbanization in these countries has led to an increase in commercial spaces, which will further drive product demand.
The Asia Pacific region accounted for a share of more than 30% of global rotary air conditioner compressor production in 2017 owing to high consumer awareness regarding energy conservation and environmental protection coupled with rising disposable income levels. Furthermore, government initiatives promoting affordable housing are expected to boost product demand across this region over the forecast period.
Europe was estimated as one of the largest markets for rotary air conditioner compressors due their large application scope including industrial refrigeration systems used by food processing units.
Growth Factors:
- Increasing demand for energy-efficient rotary air conditioning compressors in the commercial and residential sectors
- Growing popularity of variable frequency drives (VFDs) to control rotary air conditioning compressor speed and save energy
- Proliferation of smart buildings that use advanced controls to optimize HVAC systems, including rotary air conditioning compressors
- Rising investments in data centers, which are among the most power-intensive facilities and require efficient cooling systems, including rotary air conditioning compressors
- Increasing awareness about the benefits of using rotary air conditioning compressors for reducing greenhouse gas emissions
Scope Of The Report
Report Attributes
Report Details
Report Title
Rotary Air Conditioning Compressor Market Research Report
By Type
Variable Speed, Fixed Speed
By Application
Residential, Commercial
By Companies
GMCC, GREE(Landa), Shanghai Highly, Panasonic, RECHI, Mitsubishi Electric, LG, Samsung, AVIC Electromechanical Systems Co.,Ltd.
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
194
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Rotary Air Conditioning Compressor Market Report Segments:
The global Rotary Air Conditioning Compressor market is segmented on the basis of:
Types
Variable Speed, Fixed Speed
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
Residential, Commercial
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
- GREE(Landa)
- Shanghai Highly
- Panasonic
- RECHI
- Mitsubishi Electric
- LG
- Samsung
- AVIC Electromechanical Systems Co.,Ltd.
Highlights of The Rotary Air Conditioning 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:
- Variable Speed
- Fixed Speed
- By Application:
- Residential
- Commercial
- 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 Rotary Air Conditioning 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.
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 rotary air conditioning compressor is a device that helps to increase the efficiency of an air conditioning system. It uses a rotating fan to move air through the system, which helps to cool down the room more quickly.
Some of the major companies in the rotary air conditioning compressor market are GMCC, GREE(Landa), Shanghai Highly, Panasonic, RECHI, Mitsubishi Electric, LG, Samsung, AVIC Electromechanical Systems Co.,Ltd..
The rotary air conditioning compressor market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Rotary Air Conditioning Compressor 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 Rotary Air Conditioning Compressor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Rotary Air Conditioning Compressor 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 Rotary Air Conditioning Compressor 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 Rotary Air Conditioning Compressor Market Size & Forecast, 2020-2028
4.5.1 Rotary Air Conditioning Compressor Market Size and Y-o-Y Growth
4.5.2 Rotary Air Conditioning Compressor Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Variable Speed
5.2.2 Fixed Speed
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Rotary Air Conditioning Compressor 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 Rotary Air Conditioning Compressor 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Variable Speed
9.6.2 Fixed Speed
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 Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Variable Speed
10.6.2 Fixed Speed
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 Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Variable Speed
11.6.2 Fixed Speed
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 Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Variable Speed
12.6.2 Fixed Speed
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 Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Variable Speed
13.6.2 Fixed Speed
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) Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
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 Rotary Air Conditioning Compressor Market: Competitive Dashboard
14.2 Global Rotary Air Conditioning Compressor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GMCC
14.3.2 GREE(Landa)
14.3.3 Shanghai Highly
14.3.4 Panasonic
14.3.5 RECHI
14.3.6 Mitsubishi Electric
14.3.7 LG
14.3.8 Samsung
14.3.9 AVIC Electromechanical Systems Co.,Ltd.
