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Industrial Refrigeration Compressor Market

Industrial Refrigeration Compressor Market

Industrial Refrigeration Compressor Market Global Industry Assessment & Forecast

# Pages:

180

Base Year:

2021

Nov - 2021

Format:

Report Code:

VMR-2021-0319

Segments Covered
  • By Type CO2, R290, R410A, Others
  • By Application Oil and Gas, Food and Beverages, Logistics and Transportation, Pharmaceutical, Others
Snapshot
Forecast YearsForecast Years: 2021 - 2028
Historical YearsHistorical Years: 2016 - 2020
Revenue 2021Revenue 2021: 3625 Million
Revenue 2028Revenue 2028: 4700 Million
Revenue CAGRRevenue CAGR (2021 - 2028): 3.3
Fastest Growing Region Fastest Growing Region (2022 - 2028) Asia Pacific
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report
  • Go To Market Strategy
  • Region Specific Market Dynamics
  • Region Level Market Share
  • Import Export Analysis
  • Production Analysis
  • Others Request Customization Speak To Analyst

Type  Analysis: Preview

On the basis of Type, the market is segmented into CO2, R290,R410A, Others. Co2  held the leading share in 2020 and is anticipated to grow at a noteworthy CAGR over the forecast timespan. This is due to the increasing adoption of Co2 in emerging economies in Asia Pacific region.

Application Analysis: Preview

Based on Application, the market is segmented into Oil and Gas, Food and Beverages, Logistics and Transportation, Pharmaceutical, Others. Oil & Gas accounted for the highest market share and is expected to grow at a significant CAGR from 2021 to 2028. 

Global Industrial Refrigeration Compressor Market: Type Segment Analysis

    • CO2
    • R290
    • R410A
    • Others

Global Industrial Refrigeration Compressor Market: Application Segment Analysis

    • Oil and Gas
    • Food and Beverages
    • Logistics and Transportation
    • Pharmaceutical
    • Others
FAQ
Frequently Asked Question
  • The global Industrial Refrigeration Compressor valued at 3625 Million in 2020 and is expected to reach 4700 Million in 2028 growing at a CAGR of 3.3%.

  • The prominent players in the market are Dorin, Emerson Climate Technologies, Panasonic, Embraco, Danfoss, GEA, TORAD Engineering, BITZER, FUSHENG, MAYEKAWA MANUFACTURING, Huayi Compressor, RECHI PRECISION, HANBELL, FRASCOLD..

  • The market is project to grow at a CAGR of 3.3% between 2021 and 2028.

  • The driving factors of the Industrial Refrigeration Compressor include

    • The growing demand of industrial automation cloud-based solutions with numerous players and advanced requirements of the buyers This is driving factor for Industrial Refrigeration Compressor Market .
    • Reduce the manufacturing costs as easily avilablity of raw material which is Industrial Refrigeration Compressor Market .

  • Asia Pacific was the leading regional segment of the Industrial Refrigeration Compressor in 2020.