Global Condensing Unit Market Size , Share, Analysis & Forecast 2023

Summary

Report Description

Global Condensing Unit Market is expected to reach USD 32.53 Billion over the next five years, witnessing growth at a CAGR of over 8%, in value terms due to the growing applications of condensing units in air-conditioners coupled with the rising demand for natural coolants & refrigerants like water, carbon dioxide etc which do not harm the ozone layer. Moreover, factors like increased shelf-life due to the use of condensing units in refrigerators and air conditioners along with the increase in disposable incomes of consumers globally, will propel the growth of the market in the next five years. Based on the type, the air-cooled condensing unit segment is expected to hold the largest market share in the forecast period due to its commercial applications, lower maintenance and setting up costs. Based on the application, the industrial segment is estimated to hold the largest market share in the forecast period due to the increasing need of advanced refrigeration in retail stores, hospitals, dairy, and cooling systems. Asia-Pacific region is expected to grow at the highest CAGR by 2023 due to enormous industrial expansion in constituent nations like India and China.

Years considered for this report:

Historical Years: 2013-2016

Base Year: 2017

Estimated Year: 2018

Forecast Period: 2018–2023

Objective of the Study:

To analyse and forecast the market size of Global Condensing Unit Market, in terms of value and volume.
To classify and forecast Global Condensing Unit based on type, application, function and regional distribution.
To identify drivers and challenges for Global Condensing Unit Market.
To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Condensing Unit Market.
To conduct the pricing analysis for Global Condensing Unit Market.
To identify and analyse the profile of leading manufacturers in the Global Condensing Unit Market.

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Some of the leading players in the Global Condensing Unit Market are Carrier Corporation, Voltas, Emerson Electric Company, GEA Group, Bitzer, Heatcraft Worldwide Refrigeration, Baltimore Aircoil Company, Danfoss, SCM Frigo, Advansor etc

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of Condensing Unit manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the Condensing Unit manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analysed the retailers, distribution channels and presence of all major Condensing Unit manufacturers across the globe.

TechSci Research calculated the market size of Global Condensing Unit Market using a bottom-up approach, where data for various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.

Key Target Audience:

Condensing Unit Manufacturers
Dealers and Suppliers
Regulatory organizations.
Raw material suppliers and distributors.
Research organizations and consulting companies.
Trade Associations
Market research and consulting firms.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, distributors and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Global Condensing Unit Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Market, By Type:

Air-Cooled Condensing Unit
Water-Cooled Condensing Unit
Evaporative Condensing Unit

Market, By Application:

Commercial
Industrial
Transportation

Market, By Function:

Air Conditioning
Refrigeration
Heat Pumps

Market, by Region:

Asia Pacific

China
India
Japan
South Korea
Australia
Singapore
Malaysia

Europe & CIS

France
Germany
United Kingdom
Italy
Spain

North America

United States
Mexico
Canada

South America

§ Brazil

§ Argentina

§ Colombia

Middle East and Africa

§ South Africa

§ Saudi Arabia

§ UAE

§ Qatar

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Condensing Unit Market segment.

Available Customizations:

With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

Profit margin analysis in case of direct and indirect sales channel.

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]

It is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Product Overview

2. Research Methodology

3. Executive Summary

4. Voice of Customers

4.1.1. Brand Awareness

4.1.2. Brand Satisfaction

4.1.3. Factors Influencing Purchase Decisions

4.1.4. Product Awareness

5. Global Condensing Unit Production Overview

6. Global Condensing Unit Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value & Volume

6.2. Market Share & Forecast

6.2.1. By Type (Air-Cooled Condensing Unit, Water-Cooled Condensing Unit and Evaporative Condensing Unit)

6.2.2. By Application (Commercial, Industrial and Transportation)

6.2.3. By Function (Air Conditioning, Refrigeration and Heat Pumps)

6.2.4. By Company

6.2.5. By Region

6.3. Market Attractiveness Index

7. Asia-Pacific Condensing Unit Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value & Volume

7.2. Market Share & Forecast

7.2.1. By Type

7.2.2. By Application

7.2.3. By Function

7.2.4. By Country

7.3. Market Attractiveness Index

7.4. Asia-Pacific: Country Analysis

7.4.1. India Condensing Unit Market Outlook

7.4.1.1. Market Size & Forecast

7.4.1.1.1. By Value & Volume

7.4.1.2. Market Share & Forecast

7.4.1.2.1. By Type

7.4.1.2.2. By Application

7.4.2. Japan Condensing Unit Market Outlook

7.4.2.1. Market Size & Forecast

7.4.2.1.1. By Value & Volume

7.4.2.2. Market Share & Forecast

7.4.2.2.1. By Type

7.4.2.2.2. By Application

7.4.3. Russia Condensing Unit Market Outlook

7.4.3.1. Market Size & Forecast

7.4.3.1.1. By Value & Volume

7.4.3.2. Market Share & Forecast

7.4.3.2.1. By Type

7.4.3.2.2. By Application

7.4.4. Australia Condensing Unit Market Outlook

7.4.4.1. Market Size & Forecast

7.4.4.1.1. By Value & Volume

7.4.4.2. Market Share & Forecast

7.4.4.2.1. By Type

7.4.4.2.2. By Application

7.4.5. China Condensing Unit Market Outlook

7.4.5.1. Market Size & Forecast

7.4.5.1.1. By Value & Volume

7.4.5.2. Market Share & Forecast

7.4.5.2.1. By Type

7.4.5.2.2. By Application

8. Europe Countries Condensing Unit Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value & Volume

8.2. Market Share & Forecast

8.2.1. By Type

8.2.2. By Application

8.2.3. By Function

8.2.4. By Country

8.3. Market Attractiveness Index

8.4. Europe: Country Analysis

8.4.1. United Kingdom Condensing Unit Market Outlook

8.4.1.1. Market Size & Forecast

8.4.1.1.1. By Value & Volume

8.4.1.2. Market Share & Forecast

8.4.1.2.1. By Type

8.4.1.2.2. By Application

8.4.2. Italy Condensing Unit Market Outlook

8.4.2.1. Market Size & Forecast

8.4.2.1.1. By Value & Volume

8.4.2.2. Market Share & Forecast

8.4.2.2.1. By Type

8.4.2.2.2. By Application

8.4.3. France Condensing Unit Market Outlook

8.4.3.1. Market Size & Forecast

8.4.3.1.1. By Value & Volume

8.4.3.2. Market Share & Forecast

8.4.3.2.1. By Type

8.4.3.2.2. By Application

8.4.4. Germany Condensing Unit Market Outlook

8.4.4.1. Market Size & Forecast

8.4.4.1.1. By Value & Volume

8.4.4.2. Market Share & Forecast

8.4.4.2.1. By Type

8.4.4.2.2. By Application

8.4.5. Poland Condensing Unit Market Outlook

8.4.5.1. Market Size & Forecast

8.4.5.1.1. By Value & Volume

8.4.5.2. Market Share & Forecast

8.4.5.2.1. By Type

8.4.5.2.2. By Application

8.4.6. Austria Condensing Unit Market Outlook

8.4.6.1. Market Size & Forecast

8.4.6.1.1. By Value & Volume

8.4.6.2. Market Share & Forecast

8.4.6.2.1. By Type

8.4.6.2.2. By Application

8.4.7. Romania Condensing Unit Market Outlook

8.4.7.1. Market Size & Forecast

8.4.7.1.1. By Value & Volume

8.4.7.2. Market Share & Forecast

8.4.7.2.1. By Type

8.4.7.2.2. By Application

8.4.8. Netherlands Condensing Unit Market Outlook

8.4.8.1. Market Size & Forecast

8.4.8.1.1. By Value & Volume

8.4.8.2. Market Share & Forecast

8.4.8.2.1. By Type

8.4.8.2.2. By Application

9. North America Condensing Unit Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value & Volume

9.2. Market Share & Forecast

9.2.1. By Type

9.2.2. By Application

9.2.3. By Function

9.2.4. By Country

9.3. Market Attractiveness Index

9.4. North America: Country Analysis

9.4.1. United States Condensing Unit Market Outlook

9.4.1.1. Market Size & Forecast

9.4.1.1.1. By Value & Volume

9.4.1.2. Market Share & Forecast

9.4.1.2.1. By Type

9.4.1.2.2. By Application

9.4.2. Mexico Condensing Unit Market Outlook

9.4.2.1. Market Size & Forecast

9.4.2.1.1. By Value & Volume

9.4.2.2. Market Share & Forecast

9.4.2.2.1. By Type

9.4.2.2.2. By Application

9.4.3. Canada Condensing Unit Market Outlook

9.4.3.1. Market Size & Forecast

9.4.3.1.1. By Value & Volume

9.4.3.2. Market Share & Forecast

9.4.3.2.1. By Type

9.4.3.2.2. By Application

10. South America Condensing Unit Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value & Volume

10.2. Market Share & Forecast

10.2.1. By Type

10.2.2. By Application

10.2.3. By Function

10.2.4. By Country

10.3. Market Attractiveness Index

10.4. South America: Country Analysis

10.4.1. Brazil Condensing Unit Market Outlook

10.4.1.1. Market Size & Forecast

10.4.1.1.1. By Value & Volume

10.4.1.2. Market Share & Forecast

10.4.1.2.1. By Type

10.4.1.2.2. By Application

10.4.2. Argentina Condensing Unit Market Outlook

10.4.2.1. Market Size & Forecast

10.4.2.1.1. By Value & Volume

10.4.2.2. Market Share & Forecast

10.4.2.2.1. By Type

10.4.2.2.2. By Application

10.4.3. Colombia Condensing Unit Market Outlook

10.4.3.1. Market Size & Forecast

10.4.3.1.1. By Value & Volume

10.4.3.2. Market Share & Forecast

10.4.3.2.1. By Type

10.4.3.2.2. By Application

11. Middle East & Africa Condensing Unit Market Outlook

11.1. Market Size & Forecast

11.1.1. By Value & Volume

11.2. Market Share & Forecast

11.2.1. By Type

11.2.2. By Application

11.2.3. By Function

11.2.4. By Country

11.3. Market Attractiveness Index

11.4. MEA: Country Analysis

11.4.1. South Africa Condensing Unit Market Outlook

11.4.1.1. Market Size & Forecast

11.4.1.1.1. By Value & Volume

11.4.1.2. Market Share & Forecast

11.4.1.2.1. By Type

11.4.1.2.2. By Application

11.4.2. Saudi Arabia Condensing Unit Market Outlook

11.4.2.1. Market Size & Forecast

11.4.2.1.1. By Value & Volume

11.4.2.2. Market Share & Forecast

11.4.2.2.1. By Type

11.4.2.2.2. By Application

11.4.3. UAE Condensing Unit Market Outlook

11.4.3.1. Market Size & Forecast

11.4.3.1.1. By Value & Volume

11.4.3.2. Market Share & Forecast

11.4.3.2.1. By Type

11.4.3.2.2. By Application

11.4.4. Qatar Condensing Unit Market Outlook

11.4.4.1. Market Size & Forecast

11.4.4.1.1. By Value & Volume

11.4.4.2. Market Share & Forecast

11.4.4.2.1. By Type

11.4.4.2.2. By Application

12. Market Dynamics

12.1. Drivers

12.2. Challenges

13. Supply Chain Analysis

14. Market Trends & Developments

15. Policy & Regulatory

16. Competitive Landscape

17. Strategic Recommendations

Figures and Tables

Frequently asked questions

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