The global air conditioning and refrigeration compressors market was valued at US$ 20.63 Bn in 2018 and is expected to expand at a CAGR of 3.7% throughout the forecast period from 2019 to 2027. Air conditioning and refrigeration compressors is a key component of any air conditioning and refrigeration systems, from a small mini-split air conditioner to the largest commercial system. The HVAC systems, are widely gaining popularity in industries such as food, transportation and are being primarily used by both commercial and residential sectors across the globe. The propulsion in the demand for air conditioning and refrigeration compressors market can also be associated to the depleting ozone layer, increased energy usage and an inclination of people towards comfort is creating the demand for energy-efficient products and products which are less harmful to the environment. Governments are taking strict actions and new regulations are being formed in order to protect the environment, which in turn has made the manufacturers focus on developing new products which are efficient. Thus, driving the growth of the air conditioning and refrigeration compressors market.
Residential Segment to Dominate; Commercial Segment to Register Maximum Growth throughout the Forecast Period
Based on application, the global air conditioning and refrigeration compressors market is categorized into residential, commercial, industrial, healthcare and transportation. Residential segment dominates the application segment. This is due to the widespread adoption of air conditioners and refrigerators worldwide, especially in countries such as the U.S., China, Japan, and India among others. In contrast, Commercial segment is set to register fastest growth. This is due to growing numbers of supermarkets and hypermarkets across the globe and the requirements of HVAC systems for temperature controlling and air cooling is bolstering the air conditioning and refrigeration compressors market growth.
North America Dominates; Asia Pacific Touted to Register Significant Growth during the Forecast Period
North America accounts for the largest market share across the globe in the air conditioning and refrigeration compressors market. The booming commercial sectors, and surge in the number of cold storage facilities are propelling the demand for advanced refrigeration and air conditioning systems. This, in turn, is creating lucrative opportunities for market players and driving the growth of the market. North America is closely followed by Asia Pacific. Asia Pacific region is set to register maximum growth throughout the forecast period. This is due to the presence of large number of manufacturers in the region, increasing consumer awareness over comfort and environment safety among others. According to a report published by ‘Japan Refrigeration and Air Conditioning Association’, the demand for air conditioners in China accounts for almost 40% of world demand, followed by Asia (excluding Japan and China) and North America. Thus, driving the growth of air conditioning and refrigeration compressors market.
Some of the leading manufacturers profiled in the study Guangdong Meizhi Compressor Co., Ltd. (GMCC), Zhuhai Landa Compressor (GREE), Rechi Precision Co., Ltd., Panasonic, LG, Daikin, Mitsubishi Heavy Industries, Atlas Copco, Embraco, Highly, Samsung, Emerson Electric Co., The Danfoss Group, Fusheng Co., Tecumseh.
Historical & Forecast Period
This research study provides qualitative as well as quantitative insights for each segment and sub-segment from 2017 to 2027, considering 2018 as the base year for the research. CAGR (Compounded Annual Growth Rate) for each segment and sub-segment is calculated for the forecast period from 2019 to 2027.
Report Scope by Segments
The air conditioning and refrigeration compressors market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of global air conditioning and refrigeration compressors market based on type, application, cooling capacity, and geography. Key segments covered in the report are as follows:
ATTRIBUTE | DETAILS |
---|---|
Research Period | 2017-2027 |
Base Year | 2018 |
Forecast Period | 2019-2027 |
Historical Year | 2017 |
Unit | USD Billion |
Segmentation |
Type Segment (2017-2027; US$ Bn) |
Application Segment (2017–2027; US$ Bn) |
|
Cooling Capacity Segment (2017–2027; US$ Bn) |
|
Geography Segment (2017–2027; US$ Bn) |
Key questions answered in this report
1. Preface
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase III-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted
2. Executive Summary
2.1. Global ACRC Market Snapshot
2.2. Global ACRC Market, by Type, 2018 (US$ Bn)
2.3. Global ACRC Market, by Application, 2018 (US$ Bn)
2.4. Global ACRC Market, by Cooling Capacity, 2018 (US$ Bn)
2.5. Global ACRC Market, by Geography, 2018 (US$ Bn)
3. Global Air Conditioning And Refrigeration Compressors (ACRC) Market Analysis
3.1. Global ACRC Market Overview
3.2. Market Inclination Insights
3.2.1. Recent Trends
3.2.2. Future Outlook
3.3. Market Dynamics
3.3.1. Market Drivers
3.3.2. Market Challenges
3.4. Attractive Investment Proposition, by Geography, 2018
3.5. Competitive Landscape
3.5.1. Market Positioning of the Leading Manufacturers
3.5.2. Major Strategies Adopted
4. Global Air Conditioning And Refrigeration Compressors (ACRC) Market Value, by Type , 2018 – 2027 (US$ Bn)
4.1. Comparative Analysis
4.1.1. ACRC Market Value, by Type, 2018 & 2027 (Value %)
4.2. Reciprocating Compressors
4.3. Screw Compressors
4.4. Rotary Compressors
4.5. Centrifugal Compressor
4.6. Scroll Compressors
5. Global Air Conditioning And Refrigeration Compressors (ACRC) Market Value, by Application , 2018 – 2027 (US$ Bn)
5.1. Comparative Analysis
5.1.1. ACRC Market Value, by Application, 2018 & 2027 (Value %)
5.2. Residential
5.3. Commercial
5.4. Industrial
5.5. Healthcare
5.6. Transportation
6. Global Air Conditioning And Refrigeration Compressors (ACRC) Market Value, by Cooling Capacity , 2018 – 2027 (US$ Bn)
6.1. Comparative Analysis
6.1.1. ACRC Market Value, by Cooling Capacity, 2018 & 2027 (Value %)
6.2. 0 to 30 kW
6.3. 30 to 300 kW
6.4. 300 to 500 kW
6.5. 500 to 1000 kW
6.6. Above 1000 kW
7. North America Air Conditioning And Refrigeration Compressors (ACRC) Market Analysis, 2018 – 2027 (US$ Bn)
7.1. North America ACRC Market Value, by Type, 2018 – 2027 (US$ Bn)
7.1.1. Reciprocating Compressors
7.1.2. Screw Compressors
7.1.3. Rotary Compressors
7.1.4. Centrifugal Compressor
7.1.5. Scroll Compressors
7.2. North America ACRC Market Value, by Application, 2018 – 2027 (US$ Bn)
7.2.1. Residential
7.2.2. Commercial
7.2.3. Industrial
7.2.4. Healthcare
7.2.5. Transportation
7.3. North America ACRC Market Value, by Cooling Capacity , 2018 – 2027 (US$ Bn)
7.3.1. 0 to 30 kW
7.3.2. 30 to 300 kW
7.3.3. 300 to 500 kW
7.3.4. 500 to 1000 kW
7.3.5. Above 1000 kW
7.4. North America ACRC Market Value, by Country, 2018 – 2027 (US$ Bn)
7.4.1. U.S.
7.4.1.1. U.S. ACRC Market Value, by Type, 2018 – 2027 (US$ Bn)
7.4.1.2. U.S. ACRC Market Value, by Application, 2018 – 2027 (US$ Bn)
7.4.1.3. U.S. ACRC Market Value, by Cooling Capacity, 2018 – 2027 (US$ Bn)
7.4.2. Rest of North America
7.4.2.1. Rest of North America ACRC Market Value, by Type, 2018 – 2027 (US$ Bn)
7.4.2.2. Rest of North America ACRC Market Value, by Application, 2018 – 2027 (US$ Bn)
7.4.2.3. Rest of North America ACRC Market Value, by Cooling Capacity , 2018 – 2027 (US$ Bn)
8. Europe Air Conditioning And Refrigeration Compressors (ACRC) Market Analysis, 2018 – 2027 (US$ Bn)
8.1. Europe ACRC Market Value, by Type, 2018 – 2027 (US$ Bn)
8.1.1. Reciprocating Compressors
8.1.2. Screw Compressors
8.1.3. Rotary Compressors
8.1.4. Centrifugal Compressor
8.1.5. Scroll Compressors
8.2. Europe ACRC Market Value, by Application, 2018 – 2027 (US$ Bn)
8.2.1. Residential
8.2.2. Commercial
8.2.3. Industrial
8.2.4. Healthcare
8.2.5. Transportation
8.3. Europe ACRC Market Value, by Cooling Capacity , 2018 – 2027 (US$ Bn)
8.3.1. 0 to 30 kW
8.3.2. 30 to 300 kW
8.3.3. 300 to 500 kW
8.3.4. 500 to 1000 kW
8.3.5. Above 1000 kW
8.4. Europe ACRC Market Value, by Region, 2018 – 2027 (US$ Bn)
8.4.1. U.K.
8.4.1.1. U.K. ACRC Market Value, by Type, 2018 – 2027 (US$ Bn)
8.4.1.2. U.K. ACRC Market Value, by Application, 2018 – 2027 (US$ Bn)
8.4.1.3. U.K. ACRC Market Value, by Cooling Capacity, 2018 – 2027 (US$ Bn)
8.4.2. Germany
8.4.2.1. Germany ACRC Market Value, by Type, 2018 – 2027 (US$ Bn)
8.4.2.2. Germany ACRC Market Value, by Application, 2018 – 2027 (US$ Bn)
8.4.2.3. Germany ACRC Market Value, by Cooling Capacity, 2018 – 2027 (US$ Bn)
8.4.3. France
8.4.3.1. France ACRC Market Value, by Type, 2018 – 2027 (US$ Bn)
8.4.3.2. France ACRC Market Value, by Application, 2018 – 2027 (US$ Bn)
8.4.3.3. France ACRC Market Value, by Cooling Capacity, 2018 – 2027 (US$ Bn)
8.4.4. Rest of Europe
8.4.4.1. Rest of Europe ACRC Market Value, by Type, 2018 – 2027 (US$ Bn)
8.4.4.2. Rest of Europe ACRC Market Value, by Application, 2018 – 2027 (US$ Bn)
8.4.4.3. Rest of Europe ACRC Market Value, by Cooling Capacity, 2018 – 2027 (US$ Bn)
9. Asia Pacific Air Conditioning And Refrigeration Compressors (ACRC) Market Analysis, 2018 – 2027 (US$ Bn)
9.1. Asia Pacific ACRC Market Value, by Type, 2018 – 2027 (US$ Bn)
9.1.1. Reciprocating Compressors
9.1.2. Screw Compressors
9.1.3. Rotary Compressors
9.1.4. Centrifugal Compressor
9.1.5. Scroll Compressors
9.2. Asia Pacific ACRC Market Value, by Application, 2018 – 2027 (US$ Bn)
9.2.1. Residential
9.2.2. Commercial
9.2.3. Industrial
9.2.4. Healthcare
9.2.5. Transportation
9.3. Asia Pacific ACRC Market Value, by Cooling Capacity , 2018 – 2027 (US$ Bn)
9.3.1. 0 to 30 kW
9.3.2. 30 to 300 kW
9.3.3. 300 to 500 kW
9.3.4. 500 to 1000 kW
9.3.5. Above 1000 kW
9.4. Asia Pacific ACRC Market Value, by Country, 2018 – 2027 (US$ Bn)
9.4.1. Japan
9.4.1.1. Japan ACRC Market Value, by Type, 2018 – 2027 (US$ Bn)
9.4.1.2. Japan ACRC Market Value, by Application, 2018 – 2027 (US$ Bn)
9.4.1.3. Japan ACRC Market Value, by Cooling Capacity, 2018 – 2027 (US$ Bn)
9.4.2. China
9.4.2.1. China ACRC Market Value, by Type, 2018 – 2027 (US$ Bn)
9.4.2.2. China ACRC Market Value, by Application, 2018 – 2027 (US$ Bn)
9.4.2.3. China ACRC Market Value, by Cooling Capacity, 2018 – 2027 (US$ Bn)
9.4.3. India
9.4.3.1. India ACRC Market Value, by Type, 2018 – 2027 (US$ Bn)
9.4.3.2. India ACRC Market Value, by Application, 2018 – 2027 (US$ Bn)
9.4.3.3. India ACRC Market Value, by Cooling Capacity, 2018 – 2027 (US$ Bn)
9.4.4. Rest of Asia Pacific
9.4.4.1. Rest of Asia Pacific ACRC Market Value, by Type, 2018 – 2027 (US$ Bn)
9.4.4.2. Rest of Asia Pacific ACRC Market Value, by Application, 2018 – 2027 (US$ Bn)
9.4.4.3. Rest of Asia Pacific ACRC Market Value, by Cooling Capacity, 2018 – 2027 (US$ Bn)
10. Rest of World Air Conditioning And Refrigeration Compressors (ACRC) Market Analysis, 2018 – 2027 (US$ Bn)
10.1. Rest of World ACRC Market Value, by Type, 2018 – 2027 (US$ Bn)
10.1.1. Reciprocating Compressors
10.1.2. Screw Compressors
10.1.3. Rotary Compressors
10.1.4. Centrifugal Compressor
10.1.5. Scroll Compressors
10.2. Rest of World ACRC Market Value, by Application, 2018 – 2027 (US$ Bn)
10.2.1. Residential
10.2.2. Commercial
10.2.3. Industrial
10.2.4. Healthcare
10.2.5. Transportation
10.3. Rest of World ACRC Market Value, by Cooling Capacity , 2018 – 2027 (US$ Bn)
10.3.1. 0 to 30 kW
10.3.2. 30 to 300 kW
10.3.3. 300 to 500 kW
10.3.4. 500 to 1000 kW
10.3.5. Above 1000 kW
10.4. Rest of World ACRC Market Value, by Region, 2018 – 2027 (US$ Bn)
10.4.1. Latin America
10.4.1.1. Latin America ACRC Market Value, by Type, 2018 – 2027 (US$ Bn)
10.4.1.2. Latin America ACRC Market Value, by Application, 2018 – 2027 (US$ Bn)
10.4.1.3. Latin America ACRC Market Value, by Cooling Capacity, 2018 – 2027 (US$ Bn)
10.4.2. Middle-East & Africa
10.4.2.1. Middle-East & Africa ACRC Market Value, by Type, 2018 – 2027 (US$ Bn)
10.4.2.2. Middle-East & Africa ACRC Market Value, by Application, 2018 – 2027 (US$ Bn)
10.4.2.3. Middle-East & Africa ACRC Market Value, by Cooling Capacity, 2018 – 2027 (US$ Bn)
11. Company Profiles
11.1. Guangdong Meizhi Compressor Co., Ltd. (GMCC)
11.2. Zhuhai Landa Compressor (GREE)
11.3. Rechi Precision Co., Ltd.
11.4. Panasonic
11.5. LG
11.6. Daikin
11.7. Mitsubishi Heavy Industries
11.8. Atlas Copco
11.9. Embraco
11.10. Highly
11.11. Samsung
11.12. Emerson Electric Co.
11.13. The Danfoss Group
11.14. Fusheng Co.
11.15. Tecumseh
* Here we are using ACRC as a short form of Air Conditioning And Refrigeration Compressors
TABLE 1 Market Snapshot: Global Air Conditioning and Refrigeration Compressors (ACRC) Market
TABLE 2 Key Trends in ACRC Industry
TABLE 3 Impact Indicators
TABLE 4 Impact Analysis of Drivers and Restraints
TABLE 5 North America ACRC Market Value, by Type, 2017 - 2027 (US$ Bn)
TABLE 6 North America ACRC Market Value, by Application, 2017 - 2027 (US$ Bn)
TABLE 7 North America ACRC Market Value, by Cooling Capacity, 2017 - 2027 (US$ Bn)
TABLE 8 North America ACRC Market Value, by Country, 2017 - 2027 (US$ Bn)
TABLE 9 U.S. ACRC Market Value, by Type, 2017 - 2027 (US$ Bn)
TABLE 10 U.S. ACRC Market Value, by Application, 2017 - 2027 (US$ Bn)
TABLE 11 U.S. ACRC Market Value, by Cooling Capacity, 2017 - 2027 (US$ Bn)
TABLE 12 Rest of North America ACRC Market Value, by Type, 2017 - 2027 (US$ Bn)
TABLE 13 Rest of North America ACRC Market Value, by Application, 2017 - 2027 (US$ Bn)
TABLE 14 Rest of North America ACRC Market Value, by Cooling Capacity, 2017 - 2027 (US$ Bn)
TABLE 15 Europe ACRC Market Value, by Type, 2017 - 2027 (US$ Bn)
TABLE 16 Europe ACRC Market Value, by Application, 2017 - 2027 (US$ Bn)
TABLE 17 Europe ACRC Market Value, by Cooling Capacity, 2017 - 2027 (US$ Bn)
TABLE 18 Europe ACRC Market Value, by Country, 2017 - 2027 (US$ Bn)
TABLE 19 U.K. ACRC Market Value, by Type, 2017 - 2027 (US$ Bn)
TABLE 20 U.K. ACRC Market Value, by Application, 2017 - 2027 (US$ Bn)
TABLE 21 U.K. ACRC Market Value, by Cooling Capacity, 2017 - 2027 (US$ Bn)
TABLE 22 France ACRC Market Value, by Type, 2017 - 2027 (US$ Bn)
TABLE 23 France ACRC Market Value, by Application, 2017 - 2027 (US$ Bn)
TABLE 24 France ACRC Market Value, by Cooling Capacity, 2017 - 2027 (US$ Bn)
TABLE 25 Germany ACRC Market Value, by Type, 2017 - 2027 (US$ Bn)
TABLE 26 Germany ACRC Market Value, by Application, 2017 - 2027 (US$ Bn)
TABLE 27 Germany ACRC Market Value, by Cooling Capacity, 2017 - 2027 (US$ Bn)
TABLE 28 Rest of Europe ACRC Market Value, by Type, 2017 - 2027 (US$ Bn)
TABLE 29 Rest of Europe ACRC Market Value, by Application, 2017 - 2027 (US$ Bn)
TABLE 30 Rest of Europe ACRC Market Value, by Cooling Capacity, 2017 - 2027 (US$ Bn)
TABLE 31 Asia Pacific ACRC Market Value, by Type, 2017 - 2027 (US$ Bn)
TABLE 32 Asia Pacific ACRC Market Value, by Application, 2017 - 2027 (US$ Bn)
TABLE 33 Asia Pacific ACRC Market Value, by Cooling Capacity, 2017 - 2027 (US$ Bn)
TABLE 34 Asia Pacific ACRC Market Value, by Country, 2017 - 2027 (US$ Bn)
TABLE 35 China ACRC Market Value, by Type, 2017 - 2027 (US$ Bn)
TABLE 36 China ACRC Market Value, by Application, 2017 - 2027 (US$ Bn)
TABLE 37 China ACRC Market Value, by Cooling Capacity, 2017 - 2027 (US$ Bn)
TABLE 38 Japan ACRC Market Value, by Type, 2017 - 2027 (US$ Bn)
TABLE 39 Japan ACRC Market Value, by Application, 2017 - 2027 (US$ Bn)
TABLE 40 Japan ACRC Market Value, by Cooling Capacity, 2017 - 2027 (US$ Bn)
TABLE 41 India ACRC Market Value, by Type, 2017 - 2027 (US$ Bn)
TABLE 42 India ACRC Market Value, by Application, 2017 - 2027 (US$ Bn)
TABLE 43 India ACRC Market Value, by Cooling Capacity, 2017 - 2027 (US$ Bn)
TABLE 44 Rest of Asia Pacific ACRC Market Value, by Type, 2017 - 2027 (US$ Bn)
TABLE 45 Rest of Asia Pacific ACRC Market Value, by Application, 2017 - 2027 (US$ Bn)
TABLE 46 Rest of Asia Pacific ACRC Market Value, by Cooling Capacity, 2017 - 2027 (US$ Bn)
TABLE 47 Rest of World ACRC Market Value, by Type, 2017 - 2027 (US$ Bn)
TABLE 48 Rest of World ACRC Market Value, by Application, 2017 - 2027 (US$ Bn)
TABLE 49 Rest of World ACRC Market Value, by Cooling Capacity, 2017 - 2027 (US$ Bn)
TABLE 50 Rest of World ACRC Market Value, by Region, 2017 - 2027 (US$ Bn)
TABLE 51 Latin America ACRC Market Value, by Type, 2017 - 2027 (US$ Bn)
TABLE 52 Latin America ACRC Market Value, by Application, 2017 - 2027 (US$ Bn)
TABLE 53 Latin America ACRC Market Value, by Cooling Capacity, 2017 - 2027 (US$ Bn)
TABLE 54 Middle-East & Africa ACRC Market Value, by Type, 2017 - 2027 (US$ Bn)
TABLE 55 Middle-East & Africa ACRC Market Value, by Application, 2017 - 2027 (US$ Bn)
TABLE 56 Middle-East & Africa ACRC Market Value, by Cooling Capacity, 2017 - 2027 (US$ Bn)
FIG. 1 Global Air Conditioning and Refrigeration Compressors (ACRC): Market Segmentation
FIG. 2 Global ACRC Market: Research Methodology
FIG. 3 Top-Down and Bottom Up Approach
FIG. 4 Global ACRC Market, by Type, 2018 (US$ Bn)
FIG. 5 Global ACRC Market, by Application, 2018 (US$ Bn)
FIG. 6 Global ACRC Market, by Cooling Capacity, 2018 (US$ Bn)
FIG. 7 Global ACRC Market, by Geography, 2018 (US$ Bn)
FIG. 8 Global ACRC Market Value and Growth, 2017 - 2027, (US$ Bn and % Y-o-Y)
FIG. 9 Attractive Investment Proposition : Global ACRC Market
FIG. 10 Market Positioning of the Leading Manufacturers, 2018
FIG. 11 Global ACRC Market Value Contribution, by Type, 2018 & 2027 (Value %)
FIG. 12 Global ACRCs Market Value and Growth for Reciprocating Compressors, 2017 - 2027, (US$ Bn)
FIG. 13 Global ACRCs Market Value and Growth for Screw Compressors, 2017 - 2027, (US$ Bn)
FIG. 14 Global ACRCs Market Value and Growth for Rotary Compressors, 2017 - 2027, (US$ Bn)
FIG. 15 Global ACRCs Market Value and Growth for Centrifugal Compressors, 2017 - 2027, (US$ Bn)
FIG. 16 Global ACRCs Market Value and Growth for Scroll Compressors, 2017 - 2027, (US$ Bn)
FIG. 17 Global ACRC Market Value Contribution, by Application, 2018 & 2027 (Value %)
FIG. 18 Global ACRC Market Value and Growth for Residential, 2017 - 2027, (US$ Bn)
FIG. 19 Global ACRC Market Value and Growth for Commercial, 2017 - 2027, (US$ Bn)
FIG. 20 Global ACRC Market Value and Growth for Industrial, 2017 - 2027, (US$ Bn)
FIG. 21 Global ACRC Market Value and Growth for Healthcare, 2017 - 2027, (US$ Bn)
FIG. 22 Global ACRC Market Value and Growth for Transportation, 2017 - 2027, (US$ Bn)
FIG. 23 Global ACRC Market Value Contribution, by Cooling Capacity, 2018 & 2027 (Value %)
FIG. 24 Global ACRC Market Value and Growth for 0 to 30 kW, 2017 - 2027, (US$ Bn)
FIG. 25 Global ACRC Market Value and Growth for 30 to 300 kW, 2017 - 2027, (US$ Bn)
FIG. 26 Global ACRC Market Value and Growth for 300 to 500 kW, 2017 -2027, (US$ Bn)
FIG. 27 Global ACRC Market Value and Growth for500 to 1000 kW, 2017 - 2027, (US$ Bn)
FIG. 28 Global ACRC Market Value and Growth for Above 1000 kW, 2017 - 2027, (US$ Bn)
FIG. 29 North America ACRC Market Value and Growth, 2017 - 2027, (US$ Bn) (Y-o-Y %)
FIG. 30 Europe ACRC Market Value and Growth, 2017 - 2027, (US$ Bn) (Y-o-Y %)
FIG. 31 Asia Pacific ACRC Market Value and Growth, 2017 - 2027, (US$ Bn) (Y-o-Y %)
FIG. 32 RoW ACRC Market Value and Growth, 2017 - 2027, (US$ Bn) (Y-o-Y %)