Global Transportation Condensing Units Market, By Cooling Capacity (Below 5 KW, 5 - 10 KW, 10 - 15 KW, Above 15 KW), Compressor Type (Reciprocating Compressors, Screw Compressors, Rotary Compressors, Others), Sales Channel (OEM, Aftermarket), Vehicle Type (Trucks, Trailers), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Transportation Condensing Units Market
The transportation condensing units market will reach at an estimated value of USD 3,712.85 million and grow at a CAGR of 5.30% in the forecast period of 2021 to 2028. Growing retail sector in emerging economies is an essential factor driving the Transportation Condensing Units Market.
Condensing unit is termed as the temperature control devices which are used for condensing a substance from its gaseous to a liquid state by cooling it. Condensing units are generally installed in refrigerators, air conditioners, heat pumps and chillers for condensing purpose and this unit can either be an air conditioning unit or a heat pump. It consists of three major components which includes, fan, compressor, and condensing coil. Condenser units are also available in different designs and sizes. These units are further classified into the water-cooled condensing unit, air-cooled condensing unit and the evaporative condensing unit.
High durability and long life of advanced condensing units is a crucial factor accelerating the market growth, also increase in the demand of condensing units in commercial and industrial sectors in the developing countries and benefits offered by these units such as enhanced durability and shelf life and rising population coupled with rising disposable returns in promising economies such as India, China, and Malaysia are the major factors among others boosting the transportation condensing units market. Moreover, rising demand for natural refrigerants and increasing technological advancements leading to introduction of efficient condensing units will further create new opportunities for the Transportation condensing units market in the forecast period mentioned above.
However, rising stringent environmental regulations on refrigerants used in condensing units is the vital factor among others restraining the market growth, and will further challenge the Transportation condensing units market in the forecast period mentioned above.
This transportation condensing units market Report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the transportation condensing units market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Transportation condensing units market Scope and Market Size
The transportation condensing units market is segmented on the basis of cooling capacity, compressor type, sales channel and vehicle type. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Based on cooling capacity, the transportation condensing units market is segmented into below 5 KW, 5 - 10 KW, 10 - 15 KW and above 15 KW
- Based on compressor type, the transportation condensing units market is segmented into reciprocating compressors, screw compressors, rotary compressors and others.
- Based on sales channel, the transportation condensing units market is segmented into OEM and aftermarket.
- The transportation condensing units market is also segmented on the basis of vehicle type into trucks and trailers.
Transportation condensing units market Scope Country Level Analysis
The transportation condensing units market is analysed and market size, volume information is provided by country, cooling capacity, compressor type, sales channel and vehicle type as referenced above.
The countries covered in the transportation condensing units market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the transportation condensing units market due to growing demand for condensing units in various manufacturing industries and increase in the demand of condensing units in commercial and industrial sectors in this region. Europe is the expected region in terms of growth in the Transportation condensing units market due to rising demand for natural refrigerants and shifting consumer inclination towards ready to eat food, baked, and frozen food products in this region.
The country section of the transportation condensing unit’s market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Transportation Condensing units Market Share Analysis
The transportation condensing units market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Transportation Condensing Units Market.
The major players covered in the transportation condensing units market report are Emerson Electric Co., Carrier, Danfoss, GEA Group Aktiengesellschaft, Heatcraft Worldwide Refrigeration, Voltas, BITZER SE, ADVANSOR A/S, BITZER SE, SCM Frigo S.p.A., JINAN RETEK INDUSTRIES INC, Rivacold UK Ltd and Patton International Limited, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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