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Condensing Units - Global Strategic Business Report

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    Report

  • 242 Pages
  • September 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 4804196
The global market for Condensing Units is estimated at US$33.7 Billion in 2023 and is projected to reach US$54.1 Billion by 2030, growing at a CAGR of 6.1% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Air-Cooled Condensing Unit segment, which is expected to reach US$31.5 Billion by 2030 with a CAGR of 6.5%. The Water-Cooled Condensing Unit segment is also set to grow at 5.7% CAGR over the next 8 years.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $8.9 Billion in 2023, and China, forecasted to grow at an impressive 9.1% CAGR to reach $13.1 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Condensing Units Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Condensing Units Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Condensing Units Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as Advansor A/S, Baltimore Aircoil Company, BITZER Kuhlmaschinenbau GmbH, and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 38 Featured):

  • Advansor A/S
  • Baltimore Aircoil Company
  • BITZER Kuhlmaschinenbau GmbH
  • Blue Star Ltd.
  • Carrier Corporation
  • Daikin Applied
  • Danfoss A/S
  • Dorin S.p.A
  • Emerson Electric Company
  • Evapco, Inc.
  • Frascold SpA
  • FreezeIndia Mfg. Pvt. Ltd.
  • GEA Group AG
  • Heatcraft Worldwide Refrigeration
  • Howe Corp.
  • Hussmann Corporation
  • Mta
  • National Comfort Products
  • Patton Ltd.
  • Safe Air Technology
  • SCM Frigo S.p.a
  • Shanghai Generralfushi Refrigeration Equipment CO., LTD.
  • Shree Refrigerations Pvt. Ltd.
  • Tecumseh Products Company LLC
  • Voltas Ltd.
  • Zanotti S.p.A

MarketGlass Platform

Our reports are enhanced by the MarketGlass platform, which brings together industry experts and influencers to provide high-quality, accurate insights. This unique platform allows us to gather comprehensive data and market perspectives, ensuring you receive the most reliable and detailed analysis available.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • Global Economic Update
  • Condensing Units: Market Overview & Outlook
  • Condensing Units - Global Key Competitors Percentage Market Share in 2023 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
  • Global Economic Update
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Importance of Refrigeration in Commercial Domains Augurs Well
  • Uptrend in Industrial Refrigeration Favors Growth
  • Evaporative Condensing Units Remain Important
  • Rising Demand for Air-Cooled Condensing Units
  • Continued Demand for Water-Cooled Condensing Units
  • Natural Refrigerants Make a Cut
  • Retail Industry Trends Enhance Market Demand
  • Growing Cold Storage Market Offers Opportunities
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Condensing Units by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 2: World Historic Review for Condensing Units by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 3: World 16-Year Perspective for Condensing Units by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for Air-Cooled Condensing Unit by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 5: World Historic Review for Air-Cooled Condensing Unit by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 6: World 16-Year Perspective for Air-Cooled Condensing Unit by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Water-Cooled Condensing Unit by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 8: World Historic Review for Water-Cooled Condensing Unit by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 9: World 16-Year Perspective for Water-Cooled Condensing Unit by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for Evaporative Condensing Unit by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 11: World Historic Review for Evaporative Condensing Unit by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 12: World 16-Year Perspective for Evaporative Condensing Unit by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 13: World Condensing Units Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Condensing Units Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
  • Table 14: USA Recent Past, Current & Future Analysis for Condensing Units by Type - Air-Cooled Condensing Unit, Water-Cooled Condensing Unit and Evaporative Condensing Unit - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 15: USA Historic Review for Condensing Units by Type - Air-Cooled Condensing Unit, Water-Cooled Condensing Unit and Evaporative Condensing Unit Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 16: USA 16-Year Perspective for Condensing Units by Type - Percentage Breakdown of Value Sales for Air-Cooled Condensing Unit, Water-Cooled Condensing Unit and Evaporative Condensing Unit for the Years 2014, 2024 & 2030
CANADA
  • Table 17: Canada Recent Past, Current & Future Analysis for Condensing Units by Type - Air-Cooled Condensing Unit, Water-Cooled Condensing Unit and Evaporative Condensing Unit - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 18: Canada Historic Review for Condensing Units by Type - Air-Cooled Condensing Unit, Water-Cooled Condensing Unit and Evaporative Condensing Unit Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 19: Canada 16-Year Perspective for Condensing Units by Type - Percentage Breakdown of Value Sales for Air-Cooled Condensing Unit, Water-Cooled Condensing Unit and Evaporative Condensing Unit for the Years 2014, 2024 & 2030
JAPAN
  • Condensing Units Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
  • Table 20: Japan Recent Past, Current & Future Analysis for Condensing Units by Type - Air-Cooled Condensing Unit, Water-Cooled Condensing Unit and Evaporative Condensing Unit - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 21: Japan Historic Review for Condensing Units by Type - Air-Cooled Condensing Unit, Water-Cooled Condensing Unit and Evaporative Condensing Unit Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 22: Japan 16-Year Perspective for Condensing Units by Type - Percentage Breakdown of Value Sales for Air-Cooled Condensing Unit, Water-Cooled Condensing Unit and Evaporative Condensing Unit for the Years 2014, 2024 & 2030
CHINA
  • Condensing Units Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
  • Table 23: China Recent Past, Current & Future Analysis for Condensing Units by Type - Air-Cooled Condensing Unit, Water-Cooled Condensing Unit and Evaporative Condensing Unit - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 24: China Historic Review for Condensing Units by Type - Air-Cooled Condensing Unit, Water-Cooled Condensing Unit and Evaporative Condensing Unit Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 25: China 16-Year Perspective for Condensing Units by Type - Percentage Breakdown of Value Sales for Air-Cooled Condensing Unit, Water-Cooled Condensing Unit and Evaporative Condensing Unit for the Years 2014, 2024 & 2030
EUROPE
  • Condensing Units Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
  • Table 26: Europe Recent Past, Current & Future Analysis for Condensing Units by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 27: Europe Historic Review for Condensing Units by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 28: Europe 16-Year Perspective for Condensing Units by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2014, 2024 & 2030
  • Table 29: Europe Recent Past, Current & Future Analysis for Condensing Units by Type - Air-Cooled Condensing Unit, Water-Cooled Condensing Unit and Evaporative Condensing Unit - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 30: Europe Historic Review for Condensing Units by Type - Air-Cooled Condensing Unit, Water-Cooled Condensing Unit and Evaporative Condensing Unit Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 31: Europe 16-Year Perspective for Condensing Units by Type - Percentage Breakdown of Value Sales for Air-Cooled Condensing Unit, Water-Cooled Condensing Unit and Evaporative Condensing Unit for the Years 2014, 2024 & 2030
FRANCE
  • Condensing Units Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
  • Table 32: France Recent Past, Current & Future Analysis for Condensing Units by Type - Air-Cooled Condensing Unit, Water-Cooled Condensing Unit and Evaporative Condensing Unit - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 33: France Historic Review for Condensing Units by Type - Air-Cooled Condensing Unit, Water-Cooled Condensing Unit and Evaporative Condensing Unit Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 34: France 16-Year Perspective for Condensing Units by Type - Percentage Breakdown of Value Sales for Air-Cooled Condensing Unit, Water-Cooled Condensing Unit and Evaporative Condensing Unit for the Years 2014, 2024 & 2030
GERMANY
  • Condensing Units Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
  • Table 35: Germany Recent Past, Current & Future Analysis for Condensing Units by Type - Air-Cooled Condensing Unit, Water-Cooled Condensing Unit and Evaporative Condensing Unit - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 36: Germany Historic Review for Condensing Units by Type - Air-Cooled Condensing Unit, Water-Cooled Condensing Unit and Evaporative Condensing Unit Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 37: Germany 16-Year Perspective for Condensing Units by Type - Percentage Breakdown of Value Sales for Air-Cooled Condensing Unit, Water-Cooled Condensing Unit and Evaporative Condensing Unit for the Years 2014, 2024 & 2030
ITALY
  • Table 38: Italy Recent Past, Current & Future Analysis for Condensing Units by Type - Air-Cooled Condensing Unit, Water-Cooled Condensing Unit and Evaporative Condensing Unit - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 39: Italy Historic Review for Condensing Units by Type - Air-Cooled Condensing Unit, Water-Cooled Condensing Unit and Evaporative Condensing Unit Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 40: Italy 16-Year Perspective for Condensing Units by Type - Percentage Breakdown of Value Sales for Air-Cooled Condensing Unit, Water-Cooled Condensing Unit and Evaporative Condensing Unit for the Years 2014, 2024 & 2030
UNITED KINGDOM
  • Condensing Units Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
  • Table 41: UK Recent Past, Current & Future Analysis for Condensing Units by Type - Air-Cooled Condensing Unit, Water-Cooled Condensing Unit and Evaporative Condensing Unit - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 42: UK Historic Review for Condensing Units by Type - Air-Cooled Condensing Unit, Water-Cooled Condensing Unit and Evaporative Condensing Unit Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 43: UK 16-Year Perspective for Condensing Units by Type - Percentage Breakdown of Value Sales for Air-Cooled Condensing Unit, Water-Cooled Condensing Unit and Evaporative Condensing Unit for the Years 2014, 2024 & 2030
SPAIN
  • Table 44: Spain Recent Past, Current & Future Analysis for Condensing Units by Type - Air-Cooled Condensing Unit, Water-Cooled Condensing Unit and Evaporative Condensing Unit - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 45: Spain Historic Review for Condensing Units by Type - Air-Cooled Condensing Unit, Water-Cooled Condensing Unit and Evaporative Condensing Unit Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 46: Spain 16-Year Perspective for Condensing Units by Type - Percentage Breakdown of Value Sales for Air-Cooled Condensing Unit, Water-Cooled Condensing Unit and Evaporative Condensing Unit for the Years 2014, 2024 & 2030
RUSSIA
  • Table 47: Russia Recent Past, Current & Future Analysis for Condensing Units by Type - Air-Cooled Condensing Unit, Water-Cooled Condensing Unit and Evaporative Condensing Unit - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 48: Russia Historic Review for Condensing Units by Type - Air-Cooled Condensing Unit, Water-Cooled Condensing Unit and Evaporative Condensing Unit Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 49: Russia 16-Year Perspective for Condensing Units by Type - Percentage Breakdown of Value Sales for Air-Cooled Condensing Unit, Water-Cooled Condensing Unit and Evaporative Condensing Unit for the Years 2014, 2024 & 2030
REST OF EUROPE
  • Table 50: Rest of Europe Recent Past, Current & Future Analysis for Condensing Units by Type - Air-Cooled Condensing Unit, Water-Cooled Condensing Unit and Evaporative Condensing Unit - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 51: Rest of Europe Historic Review for Condensing Units by Type - Air-Cooled Condensing Unit, Water-Cooled Condensing Unit and Evaporative Condensing Unit Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 52: Rest of Europe 16-Year Perspective for Condensing Units by Type - Percentage Breakdown of Value Sales for Air-Cooled Condensing Unit, Water-Cooled Condensing Unit and Evaporative Condensing Unit for the Years 2014, 2024 & 2030
ASIA-PACIFIC
  • Condensing Units Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
  • Table 53: Asia-Pacific Recent Past, Current & Future Analysis for Condensing Units by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 54: Asia-Pacific Historic Review for Condensing Units by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 55: Asia-Pacific 16-Year Perspective for Condensing Units by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2014, 2024 & 2030
  • Table 56: Asia-Pacific Recent Past, Current & Future Analysis for Condensing Units by Type - Air-Cooled Condensing Unit, Water-Cooled Condensing Unit and Evaporative Condensing Unit - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 57: Asia-Pacific Historic Review for Condensing Units by Type - Air-Cooled Condensing Unit, Water-Cooled Condensing Unit and Evaporative Condensing Unit Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 58: Asia-Pacific 16-Year Perspective for Condensing Units by Type - Percentage Breakdown of Value Sales for Air-Cooled Condensing Unit, Water-Cooled Condensing Unit and Evaporative Condensing Unit for the Years 2014, 2024 & 2030
AUSTRALIA
  • Condensing Units Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)
INDIA
  • Condensing Units Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Condensing Units Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Condensing Units Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Condensing Units Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Advansor A/S
  • Baltimore Aircoil Company
  • BITZER Kuhlmaschinenbau GmbH
  • Blue Star Ltd.
  • Carrier Corporation
  • Daikin Applied
  • Danfoss A/S
  • Dorin S.p.A
  • Emerson Electric Company
  • Evapco, Inc.
  • Frascold SpA
  • FreezeIndia Mfg. Pvt. Ltd.
  • GEA Group AG
  • Heatcraft Worldwide Refrigeration
  • Howe Corp.
  • Hussmann Corporation
  • Mta
  • National Comfort Products
  • Patton Ltd.
  • Safe Air Technology
  • SCM Frigo S.p.a
  • Shanghai Generralfushi Refrigeration Equipment CO., LTD.
  • Shree Refrigerations Pvt. Ltd.
  • Tecumseh Products Company LLC
  • Voltas Ltd.
  • Zanotti S.p.A

Table Information