According to a market report by Lucintel, the future of the global condensing unit market looks promising with opportunities in the industrial, commercial, and transportation markets. The global condensing unit market is expected to reach an estimated $66 billion by 2030 from $42 billion in 2024 at a CAGR of 7.5% from 2024 to 2030. The major drivers for this market are growing need for condensing units in developing countries commercial and industrial sectors, increasing focus towards energy efficiency, and rise in the e-commerce industry.
A more
than 150-page report to understand trends, opportunity and forecast in global condensing
unit market to 2030 by type (air-cooled and water-cooled), function (air
conditioning, refrigeration, and heat pumps), refrigerant type (fluorocarbons,
hydrocarbons, and inorganics), application (industrial, commercial,
transportation, and others), and region (North America, Europe, Asia Pacific,
and the Rest of the World).
Lucintel
forecasts that air cooled will remain the larger segment over the forecast
period because of its portability and simplicity of installation, growing
demand for energy-efficient cooling solutions across a variety of industries,
as well as, low running costs, and low maintenance requirements.
Download
sample by clicking on condensing unit
market.
APAC is
expected to witness highest growth over the forecast period due to enhanced
collaboration and investment in the condensing unit market in this region.
Baltimore
Aircoil Company, Bitzer, Blue Star Limited, Carrier Global, Daikin Industries,
Danfoss, Dorin, Emerson Electric, Heatcraft Worldwide Refrigeration, Hussmann are
the major suppliers in the condensing
unit market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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