Global Refrigeration Compressor Market Share by 2027: Upcoming Trends and Analysis

Refrigeration can be defined as the process of heat removal from a substance or an enclosed space for the purpose of reducing the temperature. A refrigeration compressor is a basic and crucial part of the refrigeration system. It makes use of compression to increase the temperature of low pressure gas and remove vapor from the evaporator. The performance of a refrigeration system depends upon the performance of the refrigeration compressor.

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Refrigeration compressors find a large number of applications, such as in domestic refrigeration, commercial refrigeration, and in refrigeration systems used in the transportation industry. The major use of a refrigeration compressor is in the process of food preservation. Various refrigeration compressors are available depending upon the type of application, such as in equipment cooling, and for the transportation industry, and chemical industry, among others.

Despite steadily evolving technology, it is still necessary to perform regular maintenance of refrigeration compressors; otherwise they may fail and cause huge losses. The use of refrigeration systems has resulted in the expulsion of many harmful gases into the environment, which is a major challenge for market players in the refrigeration compressor market. Companies have to abide by various stringent laws and regulations while manufacturing refrigeration compressors, without compromising the efficiency of the latter. These are some of the restraints identified in the global refrigeration market.

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Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

By Segmentation

The global refrigeration compressor market can be segmented on the basis of the type of compressor, application, refrigerant used and industry.

On the basis of type of compressor, the global refrigeration compressor market is segmented as:

  • Reciprocating compressor
  • Screw compressor
  • Centrifugal compressor
  • Rotary compressor
  • Scroll Compressor
  • Others

On the basis of application, the global refrigeration compressor market is segmented as:

  • Domestic
  • Commercial

On the basis of refrigerant used, the global refrigeration compressor market is segmented as:

  • CO2
  • R290
  • R410A
  • Others

On the basis of type of industry, the global refrigeration compressor market is segmented as:

  • Food and beverages
  • Logistics and transportation
  • Chemical
  • Pharmaceutical
  • Automobile
  • Other

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Market Participants

Examples of some of the market participants in the global refrigeration compressor market identified across the value chain include:

  • Bitzer SE
  • Emerson Electric Co.
  • Dorin S.p.A.
  • Embraco
  • Mitsubishi Electric Corporation
  • Frascold SpA
  • GMCC Company
  • Fusheng Co. Ltd.
  • Hanbell Precise Machinery Co. Ltd.
  • Huayi Compressor Barcelona S.L.
  • Danfoss
  • Mayekawa Mfg. Co. Ltd.
  • Panasonic Corporation of North America
  • Torad Engineering
  • Rechi Precision Co., Ltd.
  • Tecumseh Products Company LLC
  • Ramco (India)

 

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