Market Overview:
The global refrigerant compressors market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for refrigeration and air conditioning systems across the globe. In addition, technological advancements in compressor technology are also aiding in the growth of this market. The rotary compressors segment is expected to dominate the global refrigerant compressors market during the forecast period, owing to its high efficiency and low noise levels.
Product Definition:
A refrigerant compressor is a device that compresses refrigerant gas to a higher pressure, which increases the temperature of the gas. This compressed gas can then be used to cool objects, such as air conditioners or refrigerators.
Rotary Compressors:
Rotary compressors are used in refrigerant compressors market. Refrigerant compressor is a mechanical device used to decrease the volume of refrigerants. Compressed gas is stored in the container and then released at a constant pressure by rotary compressor through outlets connected to equipment such as heaters, condensers, etc.
Scroll Compressors:
The scroll compressors are the most important part of refrigerant compressor. It is used to decrease the volume of gas by reducing its pressure. The working principle is based on Archimedean screw design, which consists of a series of concentric cylindrical surfaces rotating around a common centerline and enclosing an orifice through which gases pass.
Application Insights:
The commercial application segment dominated the global refrigerant compressors market in 2017, accounting for over 60.0% share of the total revenue. The segment is expected to witness significant growth on account of rising demand from food and beverage processing plants, chemical plants, power generation facilities and other industrial applications. In addition, growing investments by foreign players in various expansion projects are likely to propel industry growth over the forecast period.
The domestic sector is projected to witness sluggish growth owing to a decline in consumer spending coupled with an increase in disposable income among consumers across developed economies such as Germany, U.K., France and Japan due to higher employment rate coupled with low inflation rates has positively affected their purchasing power thus impacting industry demand from this sector at a negative level.
Regional Analysis:
Europe was the largest regional market in 2017 and will expand further at a steady CAGR from 2018 to 2030 owing to stringent government regulations regarding energy consumption. Moreover, increasing demand for energy-efficient products is expected to drive the product demand over the forecast period. Asia Pacific is projected to be one of the fastest-growing regions due to rapid industrialization and urbanization in emerging economies such as India and China. In addition, rising disposable income levels are anticipated boost product sales over the coming years.
Growth Factors:
- Increasing demand for refrigeration and air conditioning systems in developing countries
- Rising disposable income of consumers in developing countries
- Technological advancements in compressors that improve performance and efficiency
- Stringent environmental regulations to reduce greenhouse gas emissions from refrigeration systems
- Growing popularity of energy-efficient compressor technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
Refrigerant Compressors Market Research Report
By Type
Rotary Compressors, Scroll Compressors, Reciprocating Compressors, Screw Compressors, Centrifugal Compressors
By Application
Domestic, Small Commercial, Commercial, Industrial
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Refrigerant Compressors Market Report Segments:
The global Refrigerant Compressors market is segmented on the basis of:
Types
Rotary Compressors, Scroll Compressors, Reciprocating Compressors, Screw Compressors, Centrifugal Compressors
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
Domestic, Small Commercial, 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:
- 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 Refrigerant Compressors 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:
- Rotary Compressors
- Scroll Compressors
- Reciprocating Compressors
- Screw Compressors
- Centrifugal Compressors
- By Application:
- Domestic
- Small Commercial
- 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 Refrigerant Compressors 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
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- Understanding Competition Scenario
- Product & Brand Management
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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?
Refrigerant compressors are machines that use refrigerants to reduce the volume of air in a room, which lowers the temperature. This is done by using a compressor to increase the pressure inside the machine.
Some of the key players operating in the refrigerant compressors 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 refrigerant compressors market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Refrigerant Compressors 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. Refrigerant Compressors Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Refrigerant Compressors Market - Supply Chain
4.5. Global Refrigerant Compressors Market Forecast
4.5.1. Refrigerant Compressors Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Refrigerant Compressors Market Size (000 Units) and Y-o-Y Growth
4.5.3. Refrigerant Compressors Market Absolute $ Opportunity
5. Global Refrigerant Compressors 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. Refrigerant Compressors Market Size and Volume Forecast by Type
5.3.1. Rotary Compressors
5.3.2. Scroll Compressors
5.3.3. Reciprocating Compressors
5.3.4. Screw Compressors
5.3.5. Centrifugal Compressors
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Refrigerant Compressors 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. Refrigerant Compressors Market Size and Volume Forecast by Application
6.3.1. Domestic
6.3.2. Small Commercial
6.3.3. Commercial
6.3.4. Industrial
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Refrigerant Compressors 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. Refrigerant Compressors 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 Refrigerant Compressors 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. Refrigerant Compressors 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 Refrigerant Compressors Demand Share Forecast, 2019-2026
9. North America Refrigerant Compressors 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 Refrigerant Compressors 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 Refrigerant Compressors Market Size and Volume Forecast by Application
9.4.1. Domestic
9.4.2. Small Commercial
9.4.3. Commercial
9.4.4. Industrial
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Refrigerant Compressors Market Size and Volume Forecast by Type
9.7.1. Rotary Compressors
9.7.2. Scroll Compressors
9.7.3. Reciprocating Compressors
9.7.4. Screw Compressors
9.7.5. Centrifugal Compressors
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 Refrigerant Compressors Demand Share Forecast, 2019-2026
10. Latin America Refrigerant Compressors 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 Refrigerant Compressors 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 Refrigerant Compressors Market Size and Volume Forecast by Application
10.4.1. Domestic
10.4.2. Small Commercial
10.4.3. Commercial
10.4.4. Industrial
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Refrigerant Compressors Market Size and Volume Forecast by Type
10.7.1. Rotary Compressors
10.7.2. Scroll Compressors
10.7.3. Reciprocating Compressors
10.7.4. Screw Compressors
10.7.5. Centrifugal Compressors
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 Refrigerant Compressors Demand Share Forecast, 2019-2026
11. Europe Refrigerant Compressors 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 Refrigerant Compressors 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 Refrigerant Compressors Market Size and Volume Forecast by Application
11.4.1. Domestic
11.4.2. Small Commercial
11.4.3. Commercial
11.4.4. Industrial
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Refrigerant Compressors Market Size and Volume Forecast by Type
11.7.1. Rotary Compressors
11.7.2. Scroll Compressors
11.7.3. Reciprocatin Compressors
11.7.4. Screw Compressors
11.7.5. Centrifugal Compressors
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 Refrigerant Compressors Demand Share, 2019-2026
12. Asia Pacific Refrigerant Compressors 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 Refrigerant Compressors 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 Refrigerant Compressors Market Size and Volume Forecast by Application
12.4.1. Domestic
12.4.2. Small Commercial
12.4.3. Commercial
12.4.4. Industrial
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Refrigerant Compressors Market Size and Volume Forecast by Type
12.7.1. Rotary Compressors
12.7.2. Scroll Compressors
12.7.3. Reciprocating Compressors
12.7.4. Screw Compressors
12.7.5. Centrifugal Compressors
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 Refrigerant Compressors Demand Share, 2019-2026
13. Middle East & Africa Refrigerant Compressors 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 Refrigerant Compressors 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 Refrigerant Compressors Market Size and Volume Forecast by Application
13.4.1. Domestic
13.4.2. Small Commercial
13.4.3. Commercial
13.4.4. Industrial
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Refrigerant Compressors Market Size and Volume Forecast by Type
13.7.1. Rotary Compressors
13.7.2. Scroll Compressors
13.7.3. Reciprocating Compressors
13.7.4. Screw Compressors
13.7.5. Centrifugal Compressors
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 Refrigerant Compressors Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Refrigerant Compressors Market: Market Share Analysis
14.2. Refrigerant Compressors Distributors and Customers
14.3. Refrigerant Compressors Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. GMCC
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Landa
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. HUAYI
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Donper
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Highly
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Embraco
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Panasonic
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. LG
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. RECHI Group
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Samsung
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Johnson Controls-Hitachi
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Emerson
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Secop
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Tecumseh
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. FISCHER
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Carlyle Compressors
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. FRASCOLD
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Bitzer
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Hanbell
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Fusheng Industrial
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook