Market Overview:
The global semi-hermetic refrigeration 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 semi-hermetic refrigeration compressors in commercial and industrial applications. In terms of type, the high temperature refrigeration compressor segment is expected to lead the global market during the forecast period, followed by medium temperature and low temperature segments. In terms of application, commercial applications are expected to account for a larger share of the global market than industrial applications during the forecast period.
Product Definition:
A semi-hermetic compressor is a type of refrigeration compressor that uses a hermetic seal to contain the refrigerant gas. The hermetic seal prevents the refrigerant from escaping, which improves the efficiency and lifespan of the compressor.
High Temperature Refrigeration Compressor:
High temperature refrigeration compressor is used in the process of cooling and freezing which are done with the help of machines called as chillers. The working principle behind this equipment is that at a certain temperature, matter starts to change its properties and it becomes easier for the machinery to absorb heat from one place and radiates it towards another. This mechanism helps in lowering the temperature of an object thus making it suitable for keeping inside a refrigerator or freezer.
Medium Temperature Refrigeration Compressor:
Medium temperature refrigeration compressor is used in medium temperature range of 32 to 45 degree Celsius. It is also known as cold side of hermetic refrigeration compressor. The working principle of medium pressure/temperature refrigerant system depends on phase change from liquid to solid and back to liquid state at a certain pressure level, this process being called Phase Change Material (PCM).
Application Insights:
The industrial application segment led the market and accounted for more than 60.0% share of the global revenue in 2017. The growing demand for compressors in industries, such as oil & gas, chemical, power generation and food & beverage is expected to drive the product demand over the forecast period. In addition, increasing R&D activities by major compressor manufacturers are likely to result in introduction of new products with enhanced efficiency levels that will further propel industry growth over the coming years.
Commercial refrigeration systems are widely used across various end-use industries including food service/chilled drinks manufacturing and processing facilities; healthcare; hospitality (eateries/restaurants); retail stores; educational institutions (schools/universities) etc., which require a reliable cooling system that can handle hot loads with ease while providing efficient energy consumption rates along with sustainable environmental performance levels.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing industrialization and rapid development of commercial and residential sectors in emerging economies, such as China, India, Thailand, Indonesia etc. Moreover, rising demand for energy-efficient products will drive the market further.
The Asia Pacific region accounted for a revenue share of 22% in 2017 owing to high product penetration in key markets including Japan and South Korea. However, economic slowdown witnessed across major countries such as China & India may hamper market growth during the forecast period from 2018 to 2030 (see Figure 1). In addition it has been observed that some semi-hermetic compressors have stopped working due to moisture inside which shortens its life span (See Figure 2). This factor along with others is anticipated to hinder overall industry growth over a longer term horizon i.e.
Growth Factors:
- Increasing demand for semi-hermetic refrigeration compressors in the food and beverage industry as a result of the growth of the food service sector.
- The increasing demand for energy-efficient equipment across various industries is also expected to drive the market for semi-hermetic refrigeration compressors over the forecast period.
- Growing concerns regarding environmental pollution and global warming are also expected to propel the market for semi-hermetic refrigeration compressors in near future.
- Technological advancements in compressor manufacturing is another key factor that would fuel market growth during forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Semi-Hermetic Refrigeration Compressor Market Research Report
By Type
High Temperature Refrigeration Compressor, Medium Temperature Refrigeration Compressor, Low Temperature Refrigeration Compressor, Other
By Application
Commercial, Industrial
By Companies
BITZER, Carlyle Compressors, Emerson Commercial & Residential Solutions, FRASCOLD, Frick by Johnson Controls, GEA Bock, J & E Hall International, Officine Mario Dorin Spa, Secop GmbH, TECUMSEH, BITZER
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
129
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Semi-Hermetic Refrigeration Compressor Market Report Segments:
The global Semi-Hermetic Refrigeration Compressor market is segmented on the basis of:
Types
High Temperature Refrigeration Compressor, Medium Temperature Refrigeration Compressor, Low Temperature Refrigeration Compressor, Other
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
Commercial, Industrial
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:
- BITZER
- Carlyle Compressors
- Emerson Commercial & Residential Solutions
- FRASCOLD
- Frick by Johnson Controls
- GEA Bock
- J & E Hall International
- Officine Mario Dorin Spa
- Secop GmbH
- TECUMSEH
- BITZER
Highlights of The Semi-Hermetic Refrigeration 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:
- High Temperature Refrigeration Compressor
- Medium Temperature Refrigeration Compressor
- Low Temperature Refrigeration Compressor
- Other
- By Application:
- Commercial
- Industrial
- 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 Semi-Hermetic Refrigeration 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.
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- Correctly Positioning New Products
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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?
A semi-hermetic compressor is a type of air conditioning compressor that uses a hermetic seal to maintain refrigerant pressure and prevent the escape of heat. This type of compressor is often used in commercial applications, such as warehouses and manufacturing plants, because it can provide high levels of cooling without the noise or emissions associated with traditional compressors.
Some of the major players in the semi-hermetic refrigeration compressor market are BITZER, Carlyle Compressors, Emerson Commercial & Residential Solutions, FRASCOLD, Frick by Johnson Controls, GEA Bock, J & E Hall International, Officine Mario Dorin Spa, Secop GmbH, TECUMSEH, BITZER.
The semi-hermetic refrigeration 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 Semi-Hermetic Refrigeration 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 Semi-Hermetic Refrigeration Compressor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Semi-Hermetic Refrigeration 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 Semi-Hermetic Refrigeration 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 Semi-Hermetic Refrigeration Compressor Market Size & Forecast, 2020-2028
4.5.1 Semi-Hermetic Refrigeration Compressor Market Size and Y-o-Y Growth
4.5.2 Semi-Hermetic Refrigeration 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 High Temperature Refrigeration Compressor
5.2.2 Medium Temperature Refrigeration Compressor
5.2.3 Low Temperature Refrigeration Compressor
5.2.4 Other
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 Commercial
6.2.2 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Semi-Hermetic Refrigeration 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 Semi-Hermetic Refrigeration 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 High Temperature Refrigeration Compressor
9.6.2 Medium Temperature Refrigeration Compressor
9.6.3 Low Temperature Refrigeration Compressor
9.6.4 Other
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 Commercial
9.10.2 Industrial
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 High Temperature Refrigeration Compressor
10.6.2 Medium Temperature Refrigeration Compressor
10.6.3 Low Temperature Refrigeration Compressor
10.6.4 Other
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 Commercial
10.10.2 Industrial
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 High Temperature Refrigeration Compressor
11.6.2 Medium Temperature Refrigeration Compressor
11.6.3 Low Temperature Refrigeration Compressor
11.6.4 Other
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 Commercial
11.10.2 Industrial
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 High Temperature Refrigeration Compressor
12.6.2 Medium Temperature Refrigeration Compressor
12.6.3 Low Temperature Refrigeration Compressor
12.6.4 Other
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 Commercial
12.10.2 Industrial
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 High Temperature Refrigeration Compressor
13.6.2 Medium Temperature Refrigeration Compressor
13.6.3 Low Temperature Refrigeration Compressor
13.6.4 Other
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 Commercial
13.10.2 Industrial
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 Semi-Hermetic Refrigeration Compressor Market: Competitive Dashboard
14.2 Global Semi-Hermetic Refrigeration Compressor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BITZER
14.3.2 Carlyle Compressors
14.3.3 Emerson Commercial & Residential Solutions
14.3.4 FRASCOLD
14.3.5 Frick by Johnson Controls
14.3.6 GEA Bock
14.3.7 J & E Hall International
14.3.8 Officine Mario Dorin Spa
14.3.9 Secop GmbH
14.3.10 TECUMSEH
14.3.11 BITZER
