Condensing Unit Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

The condensing equipment market is segmented into air conditioners, refrigeration and heat pumps by function. The air conditioning segment is expected to dominate the condensing equipment market during the forecast period. It is also expected to be the fastest growing tangible segment due to the multiple utilities of air-cooled condensing units in various end-use areas such as hotels, schools, multi-store office buildings, and industrial facilities.

Condensing Unit market size is projected to reach US$ 22020 million by 2027, from US$ 20960 million in 2020, at a CAGR of 4% during 2021-2027.

The following manufacturers are covered in this report:

By Type

• Air-cooled
• Water-Cooled
• Evaporative

By Application

• Industrial
• Commercial
• Transportation

By Function

• Air Conditioning
• Refrigeration
• Heat Pumps

Company Profile

• Emerson Electric Company
• Heatcraft Worldwide Refrigeration
• GEA Group
• Danfoss Group
• Bitzer SE
• Carrier Corporation

Scope of the Report

The research study analyzes the global Condensing Unit industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Condensing Unit Market Report

1. What was the Condensing Unit Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of Condensing Unit Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Condensing Unit Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.