Need help finding what you are looking for?
Contact Us
PUBLISHER: Lucintel | PRODUCT CODE: 1894111
PUBLISHER: Lucintel | PRODUCT CODE: 1894111
Condensing Unit Market Report: Trends, Forecast and Competitive Analysis to 2031
PUBLISHED:
PAGES: 150 Pages
DELIVERY TIME: 3 business days
SELECT AN OPTION
The future of the global condensing unit market looks promising with opportunities in the industrial, commercial, and transportation markets. The global condensing unit market is expected to reach an estimated $70.5 billion by 2031 with a CAGR of 7.5% from 2025 to 2031. The major drivers for this market are the growing need for condensing units in developing countries' commercial and industrial sectors, increasing focus on energy efficiency, and a rise in the e-commerce industry.
- Lucintel forecasts that within the type category, air-cooled will remain the larger segment over the forecast period because of its portability and simplicity of installation, growing demand for energy-efficient cooling solutions across a variety of industries, as well as, low running costs, and low maintenance requirements.
- In terms of regions, APAC is expected to witness the highest growth over the forecast period due to enhanced collaboration and investment in the condensing unit market in this region.
Emerging Trends in the Condensing Unit Market
The condensing unit market undergoes rapid development in various aspects, including technology, environmental policies, and consumer needs. Several important factors are changing the makeup of the market and will influence the future of the equipment in question.
- Adoption of Low-GWP Refrigerants: The growing concern and regulation over global warming potential are driving the use of low-GWP refrigerants in condensing units. This trend is causing manufacturers to seek more natural and synthetic refrigerants, lessening the environmental burden and contributing to sustainability efforts.
- Integration of Smart Technologies: Enhanced effectiveness in the predictive maintenance of condensing units is due to the implementation of IoT and smart controls in the systems. This trend is leading to systems with greater intelligence, reducing energy consumption and downtime while optimizing performance.
- Focus on Energy Efficiency: Rising energy prices, alongside energy efficiency policies, are triggering the invention of energy-efficient condensing units. This trend is much more apparent in areas with aggressive carbon reduction policies, where high-efficiency units are the standard.
- Expanded Cold Chain Logistics: The e-commerce and food industries are increasing the cold chain logistics market, which has created a demand for ancillary condensing units. This has made the modification of units that are sensitive to temperature more attractive for users.
- Turning to Modular Design: The steam market is increasingly adopting modular condensing units suitable for use in commercial and industrial applications. This shift allows for the installation of units without the need for additional effort, maintenance, or alterations to suit the preferences of end users.
These trends are influencing the condensing unit market by bringing in new innovations that prioritize energy efficiency, environmental friendliness, and integrated smart technologies. Such trends will continue to redirect the design and marketing of new condensing units, as the market needs new types of compactors due to constant changes in the economic climate.
Recent Developments in the Condensing Unit Market
The condensing unit market has been subjected to radical alterations due to technological advancements, new policies, and customer requirements. These developments are reshaping the market by improving energy efficiency and decreasing environmental pollution while bringing in new technologies. The following developments provide insights into the constant changes taking place in the market.
- Regulatory Compliance with Low-GWP Refrigerants: Environmental regulations are becoming more stringent, forcing manufacturers of condensing units to develop units that use low-GWP refrigerants. This development reduces the carbon footprint of these units and helps meet the targets set by global sustainability goals.
- Advancements in Energy Efficiency: There is a trend among manufacturers to enhance the energy efficiency of condensing units due to rising energy costs and consumers' increasing demand for environmentally friendly options. Modified designs and advanced technologies are leading to units that require less energy but provide high output.
- Booming IoT and Smart Controls: The use of IoT and smart control technologies in the condensing unit market is on the rise. This development results in reduced operation and maintenance costs due to enhanced monitoring, maintenance, and efficient operation.
- Growth in Cold Chain Applications: There is a rapidly increasing demand for specialized condensing units because of the growth in cold chain logistics, especially in the food and pharmaceutical industries. This demand for innovations is resulting in the development of units capable of maintaining stable temperatures and reliability under sensitive conditions.
- Innovation in Modular and Compact Designs: There are ongoing inventions in the market to fill the growing niche for modular and compact condensing heat exchangers, which are favorable due to mobility and installation speed. These advancements, driven by the rising need in urban areas with limited space, highlight the importance of these units in various applications.
The fabrication of these innovations in the condensing unit market is helping to make the units more effective, environmentally friendly, and technologically advanced. These types of progress, which are expected to continue further over the years to come, excellently create new boundaries for the industry's developments, whereby condensing units will still fit split systems deemed suitable for the future.
Strategic Growth Opportunities in the Condensing Unit Market
The growth prospects for the market for condensing units in the near future have been very promising due to the rising use of such units in numerous applications. With the increasing requirement for energy efficiency and conservation, industries have evolved in technological development and market evolution. This analysis discusses five main areas that could be exploited to enhance growth in the condensing unit industry.
- Data Centers: As data centers are built, there is an increasing need for efficient cooling systems with larger capacities. There is a necessity for condensing units with better energy efficiency and superior temperature control required by these high-demand facilities.
- Commercial Refrigeration: The expanding food service and retail industries are increasing the demand for corrosion-resistant condensing units in commercial refrigeration. Commercial condensing units with variable frequency and sensory controls are increasingly sought after.
- Industrial Processes: Primary chemical production and other industrial processes enlist condensing units as integral apparatus. Simple straight condensing units are difficult to manage when the desired conditions have been established.
- HVAC Systems: There is an increasing demand for energy-efficient condensing units in the residential and commercial HVAC markets. Improved efficiency and environmental friendliness are achieved due to inverter-driven technologies and intelligent controls in these systems.
- Renewable Energy: For the successful incorporation of renewable energy sources like solar and wind, adequate condensing units must be in place to facilitate grid support and peak shaving. Advanced cooling solutions featuring adjustable operation and enhanced efficiency are necessary in these circumstances.
Collectively, these strategic growth opportunities drive innovation and expansion in the condensing unit market. The industry is pushed toward more efficient, reliable, and sustainable solutions as a result of technological improvements and emerging applications in this analysis.
Condensing Unit Market Driver and Challenges
The condensing unit market is determined by multiple interdependent dimensions, including technological, economic, and regulatory factors. To thrive in this evolving market, it is important to have a clear understanding of the primary growth catalysts and accompanying hurdles.
The factors responsible for driving the condensing unit market include:
- Energy Efficiency in ACS: The increasing cost of energy and growing global energy concerns are factors determining the expansion of condensing units with better performance characteristics. The use of inverter drive compressors and heat recovery systems, among other technological developments, is affecting significant energy performance improvements.
- Regulatory Compliance: Energy efficiency and emissions reduction policies, as well as building codes, are becoming more rigorous. The implementation of condensing units that meet or exceed such requirements has resulted in greater market uptake.
- Technological Advancement: New materials, better designs, and more sophisticated control systems are being used in more efficient and reliable condensing units. Improvements in refrigerants and heat exchangers have also contributed to enhanced performance.
- Economic Growth: Growing economies and tourism are increasing the demand for new buildings and renovation activities that incorporate condenser cooling systems.
- Climate Change: Due to rising global temperatures and the impacts of climate change, there is a growing demand for better and more efficient cooling systems. There is an increasing tendency for condensing units to be manufactured to operate under extreme conditions without any drop in performance.
Challenges in the condensing unit market include:
- Increased Prices of Raw Materials: Some increases have been noted in the prices of raw materials like aluminum and copper used in the manufacture of condensing unit components. This can affect production costs and lead to higher product prices.
- Global Supply Chain Challenges: Transportation delays and component shortages are factors that affect the availability and prices of condensing units.
- Policy Uncertainty: Changes in government policies can create uncertainty among manufacturers and distributors, affecting investment decisions and market dynamics.
The market for condensing units is expanding rapidly due to energy efficiency, the need to comply with regulations, and technological advancements. However, issues such as material costs, supply chain challenges, and regulatory concerns must be addressed to promote sustainable growth and profitability. This growth presents opportunities within the industry, and rather than sit back and lament the challenges, all stakeholders seek to exploit these opportunities. The need to use and evaluate these structures helps stakeholders appreciate such growth drivers and position themselves to benefit from the existing growth opportunities in the market.
List of Condensing Unit Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies condensing unit companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the condensing unit companies profiled in this report include-
- Baltimore Aircoil Company
- Bitzer
- Blue Star Limited
- Carrier Global
- Daikin Industries
- Danfoss
- Dorin
- Emerson Electric
- Heatcraft Worldwide Refrigeration
- Hussmann
Condensing Unit by Segment
The study includes a forecast for the global condensing unit by type, function, refrigerant type, application, and region.
Condensing Unit Market by Type [Analysis by Value from 2019 to 2031]:
- Air-Cooled
- Water-Cooled
Condensing Unit Market by Function [Analysis by Value from 2019 to 2031]:
- Air Conditioning
- Refrigeration
- Heat Pumps
Condensing Unit Market by Refrigerant Type [Analysis by Value from 2019 to 2031]:
- Fluorocarbons
- Hydrocarbons
- Inorganics
Condensing Unit Market by Application [Analysis by Value from 2019 to 2031]:
- Industrial
- Commercial
- Transportation
- Others
Condensing Unit Market by Region [Shipment Analysis by Value from 2019 to 2031]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
Country Wise Outlook for the Condensing Unit Market
The increasing sophistication of the global condensing unit market is expected to rise due to improving technological developments, environmental regulations, and energy-efficient requirements of society. These changes are especially evident in the United States, China, Germany, India, and Japan, where regional policies and market characteristics influence the industry's future.
- United States: For instance, rules in the U.S. that prohibit or limit the use of refrigerants with a high Global Warming Potential have spurred the development of condensing units that use low-GWP or natural refrigerants. To fulfill these new requirements, companies are increasing R&D expenditure to develop new and more technologically advanced units, which can provide increased energy savings and a reduced impact on the environment.
- China: The Chinese emphasis is on the growth of the cold chain, which has resulted in an increased need for condensing units. The government's focus on energy efficiency has facilitated the uptake of high-efficiency units, whose adoption is supported by policy measures and subsidies.
- Germany: Germany has implemented policies that encourage the use of environmentally friendly refrigerants in condensing units. There is a market shift towards CO2-based units due to the increasing number of EU policies and the rising consumer preference for green technologies.
- India: In India, however, urbanization and the growth of retailing are driving the installation of condensing units. The trend is also shifting towards smaller and more efficient models, which are often sought by small and medium-sized businesses.
- Japan: The dominant trends of condensing unit innovation in the market are driven by advancements in HVAC technology provided by Japan. The aim is to design high-performance, ultra-efficient units with sophisticated control systems that comply with the high standards set by energy efficiency and environmental protection policies in the country.
Features of the Global Condensing Unit Market
- Market Size Estimates: Condensing unit market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2019 to 2024) and forecast (2025 to 2031) by various segments and regions.
- Segmentation Analysis: Condensing unit market size by various segments, such as by type, function, refrigerant type, application, and region in terms of value ($B).
- Regional Analysis: Condensing unit market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different type, function, refrigerant type, application, and regions for the condensing unit market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the condensing unit market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
If you are looking to expand your business in this or adjacent markets, then contact us. We have done hundreds of strategic consulting projects in market entry, opportunity screening, due diligence, supply chain analysis, M & A, and more.
This report answers following 11 key questions:
- Q.1. What are some of the most promising, high-growth opportunities for the condensing unit market by type (air-cooled and water-cooled), function (air conditioning, refrigeration, and heat pumps), refrigerant type (fluorocarbons, hydrocarbons, and inorganics), application (industrial, commercial, transportation, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
- Q.2. Which segments will grow at a faster pace and why?
- Q.3. Which region will grow at a faster pace and why?
- Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
- Q.5. What are the business risks and competitive threats in this market?
- Q.6. What are the emerging trends in this market and the reasons behind them?
- Q.7. What are some of the changing demands of customers in the market?
- Q.8. What are the new developments in the market? Which companies are leading these developments?
- Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
- Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
- Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
Table of Contents
1. Executive Summary
2. Market Overview
- 2.1 Background and Classifications
- 2.2 Supply Chain
3. Market Trends & Forecast Analysis
- 3.2 Industry Drivers and Challenges
- 3.3 PESTLE Analysis
- 3.4 Patent Analysis
- 3.5 Regulatory Environment
4. Global Condensing Unit Market by Type
- 4.1 Overview
- 4.2 Attractiveness Analysis by Type
- 4.3 Air-Cooled: Trends and Forecast (2019-2031)
- 4.4 Water-Cooled: Trends and Forecast (2019-2031)
5. Global Condensing Unit Market by Function
- 5.1 Overview
- 5.2 Attractiveness Analysis by Function
- 5.3 Air Conditioning: Trends and Forecast (2019-2031)
- 5.4 Refrigeration: Trends and Forecast (2019-2031)
- 5.5 Heat Pumps: Trends and Forecast (2019-2031)
6. Global Condensing Unit Market by Refrigerant Type
- 6.1 Overview
- 6.2 Attractiveness Analysis by Refrigerant Type
- 6.3 Fluorocarbons: Trends and Forecast (2019-2031)
- 6.4 Hydrocarbons: Trends and Forecast (2019-2031)
- 6.5 Inorganics: Trends and Forecast (2019-2031)
7. Global Condensing Unit Market by Application
- 7.1 Overview
- 7.2 Attractiveness Analysis by Application
- 7.3 Industrial: Trends and Forecast (2019-2031)
- 7.4 Commercial: Trends and Forecast (2019-2031)
- 7.5 Transportation: Trends and Forecast (2019-2031)
- 7.6 Others: Trends and Forecast (2019-2031)
8. Regional Analysis
- 8.1 Overview
- 8.2 Global Condensing Unit Market by Region
9. North American Condensing Unit Market
- 9.1 Overview
- 9.2 North American Condensing Unit Market by Type
- 9.3 North American Condensing Unit Market by Application
- 9.4 United States Condensing Unit Market
- 9.5 Mexican Condensing Unit Market
- 9.6 Canadian Condensing Unit Market
10. European Condensing Unit Market
- 10.1 Overview
- 10.2 European Condensing Unit Market by Type
- 10.3 European Condensing Unit Market by Application
- 10.4 German Condensing Unit Market
- 10.5 French Condensing Unit Market
- 10.6 Spanish Condensing Unit Market
- 10.7 Italian Condensing Unit Market
- 10.8 United Kingdom Condensing Unit Market
11. APAC Condensing Unit Market
- 11.1 Overview
- 11.2 APAC Condensing Unit Market by Type
- 11.3 APAC Condensing Unit Market by Application
- 11.4 Japanese Condensing Unit Market
- 11.5 Indian Condensing Unit Market
- 11.6 Chinese Condensing Unit Market
- 11.7 South Korean Condensing Unit Market
- 11.8 Indonesian Condensing Unit Market
12. ROW Condensing Unit Market
- 12.1 Overview
- 12.2 ROW Condensing Unit Market by Type
- 12.3 ROW Condensing Unit Market by Application
- 12.4 Middle Eastern Condensing Unit Market
- 12.5 South American Condensing Unit Market
- 12.6 African Condensing Unit Market
13. Competitor Analysis
- 13.1 Product Portfolio Analysis
- 13.2 Operational Integration
- 13.3 Porter's Five Forces Analysis
- Competitive Rivalry
- Bargaining Power of Buyers
- Bargaining Power of Suppliers
- Threat of Substitutes
- Threat of New Entrants
- 13.4 Market Share Analysis
14. Opportunities & Strategic Analysis
- 14.1 Value Chain Analysis
- 14.2 Growth Opportunity Analysis
- 14.2.1 Growth Opportunities by Type
- 14.2.2 Growth Opportunities by Function
- 14.2.3 Growth Opportunities by Refrigerant Type
- 14.2.4 Growth Opportunities by Application
- 14.3 Emerging Trends in the Global Condensing Unit Market
- 14.4 Strategic Analysis
- 14.4.1 New Product Development
- 14.4.2 Certification and Licensing
- 14.4.3 Mergers, Acquisitions, Agreements, Collaborations, and Joint Ventures
15. Company Profiles of the Leading Players Across the Value Chain
- 15.1 Competitive Analysis
- 15.2 Baltimore Aircoil Company
- Company Overview
- Condensing Unit Business Overview
- New Product Development
- Merger, Acquisition, and Collaboration
- Certification and Licensing
- 15.3 Bitzer
- Company Overview
- Condensing Unit Business Overview
- New Product Development
- Merger, Acquisition, and Collaboration
- Certification and Licensing
- 15.4 Blue Star Limited
- Company Overview
- Condensing Unit Business Overview
- New Product Development
- Merger, Acquisition, and Collaboration
- Certification and Licensing
- 15.5 Carrier Global
- Company Overview
- Condensing Unit Business Overview
- New Product Development
- Merger, Acquisition, and Collaboration
- Certification and Licensing
- 15.6 Daikin Industries
- Company Overview
- Condensing Unit Business Overview
- New Product Development
- Merger, Acquisition, and Collaboration
- Certification and Licensing
- 15.7 Danfoss
- Company Overview
- Condensing Unit Business Overview
- New Product Development
- Merger, Acquisition, and Collaboration
- Certification and Licensing
- 15.8 Dorin
- Company Overview
- Condensing Unit Business Overview
- New Product Development
- Merger, Acquisition, and Collaboration
- Certification and Licensing
- 15.9 Emerson Electric
- Company Overview
- Condensing Unit Business Overview
- New Product Development
- Merger, Acquisition, and Collaboration
- Certification and Licensing
- 15.10 Heatcraft Worldwide Refrigeration
- Company Overview
- Condensing Unit Business Overview
- New Product Development
- Merger, Acquisition, and Collaboration
- Certification and Licensing
- 15.11 Hussmann
- Company Overview
- Condensing Unit Business Overview
- New Product Development
- Merger, Acquisition, and Collaboration
- Certification and Licensing
16. Appendix
- 16.1 List of Figures
- 16.2 List of Tables
- 16.3 Research Methodology
- 16.4 Disclaimer
- 16.5 Copyright
- 16.6 Abbreviations and Technical Units
- 16.7 About Us
- 16.8 Contact Us
List of Figures
- Figure 1.1: Trends and Forecast for the Global Condensing Unit Market
- Figure 2.1: Usage of Condensing Unit Market
- Figure 2.2: Classification of the Global Condensing Unit Market
- Figure 2.3: Supply Chain of the Global Condensing Unit Market
- Figure 3.1: Driver and Challenges of the Condensing Unit Market
- Figure 3.2: PESTLE Analysis
- Figure 3.3: Patent Analysis
- Figure 3.4: Regulatory Environment
- Figure 4.1: Global Condensing Unit Market by Type in 2019, 2024, and 2031
- Figure 4.2: Trends of the Global Condensing Unit Market ($B) by Type
- Figure 4.3: Forecast for the Global Condensing Unit Market ($B) by Type
- Figure 4.4: Trends and Forecast for Air-Cooled in the Global Condensing Unit Market (2019-2031)
- Figure 4.5: Trends and Forecast for Water-Cooled in the Global Condensing Unit Market (2019-2031)
- Figure 5.1: Global Condensing Unit Market by Function in 2019, 2024, and 2031
- Figure 5.2: Trends of the Global Condensing Unit Market ($B) by Function
- Figure 5.3: Forecast for the Global Condensing Unit Market ($B) by Function
- Figure 5.4: Trends and Forecast for Air Conditioning in the Global Condensing Unit Market (2019-2031)
- Figure 5.5: Trends and Forecast for Refrigeration in the Global Condensing Unit Market (2019-2031)
- Figure 5.6: Trends and Forecast for Heat Pumps in the Global Condensing Unit Market (2019-2031)
- Figure 6.1: Global Condensing Unit Market by Refrigerant Type in 2019, 2024, and 2031
- Figure 6.2: Trends of the Global Condensing Unit Market ($B) by Refrigerant Type
- Figure 6.3: Forecast for the Global Condensing Unit Market ($B) by Refrigerant Type
- Figure 6.4: Trends and Forecast for Fluorocarbons in the Global Condensing Unit Market (2019-2031)
- Figure 6.5: Trends and Forecast for Hydrocarbons in the Global Condensing Unit Market (2019-2031)
- Figure 6.6: Trends and Forecast for Inorganics in the Global Condensing Unit Market (2019-2031)
- Figure 7.1: Global Condensing Unit Market by Application in 2019, 2024, and 2031
- Figure 7.2: Trends of the Global Condensing Unit Market ($B) by Application
- Figure 7.3: Forecast for the Global Condensing Unit Market ($B) by Application
- Figure 7.4: Trends and Forecast for Industrial in the Global Condensing Unit Market (2019-2031)
- Figure 7.5: Trends and Forecast for Commercial in the Global Condensing Unit Market (2019-2031)
- Figure 7.6: Trends and Forecast for Transportation in the Global Condensing Unit Market (2019-2031)
- Figure 7.7: Trends and Forecast for Others in the Global Condensing Unit Market (2019-2031)
- Figure 8.1: Trends of the Global Condensing Unit Market ($B) by Region (2019-2024)
- Figure 8.2: Forecast for the Global Condensing Unit Market ($B) by Region (2025-2031)
- Figure 9.1: North American Condensing Unit Market by Type in 2019, 2024, and 2031
- Figure 9.2: Trends of the North American Condensing Unit Market ($B) by Type (2019-2024)
- Figure 9.3: Forecast for the North American Condensing Unit Market ($B) by Type (2025-2031)
- Figure 9.4: North American Condensing Unit Market by Application in 2019, 2024, and 2031
- Figure 9.5: Trends of the North American Condensing Unit Market ($B) by Application (2019-2024)
- Figure 9.6: Forecast for the North American Condensing Unit Market ($B) by Application (2025-2031)
- Figure 9.7: Trends and Forecast for the United States Condensing Unit Market ($B) (2019-2031)
- Figure 9.8: Trends and Forecast for the Mexican Condensing Unit Market ($B) (2019-2031)
- Figure 9.9: Trends and Forecast for the Canadian Condensing Unit Market ($B) (2019-2031)
- Figure 10.1: European Condensing Unit Market by Type in 2019, 2024, and 2031
- Figure 10.2: Trends of the European Condensing Unit Market ($B) by Type (2019-2024)
- Figure 10.3: Forecast for the European Condensing Unit Market ($B) by Type (2025-2031)
- Figure 10.4: European Condensing Unit Market by Application in 2019, 2024, and 2031
- Figure 10.5: Trends of the European Condensing Unit Market ($B) by Application (2019-2024)
- Figure 10.6: Forecast for the European Condensing Unit Market ($B) by Application (2025-2031)
- Figure 10.7: Trends and Forecast for the German Condensing Unit Market ($B) (2019-2031)
- Figure 10.8: Trends and Forecast for the French Condensing Unit Market ($B) (2019-2031)
- Figure 10.9: Trends and Forecast for the Spanish Condensing Unit Market ($B) (2019-2031)
- Figure 10.10: Trends and Forecast for the Italian Condensing Unit Market ($B) (2019-2031)
- Figure 10.11: Trends and Forecast for the United Kingdom Condensing Unit Market ($B) (2019-2031)
- Figure 11.1: APAC Condensing Unit Market by Type in 2019, 2024, and 2031
- Figure 11.2: Trends of the APAC Condensing Unit Market ($B) by Type (2019-2024)
- Figure 11.3: Forecast for the APAC Condensing Unit Market ($B) by Type (2025-2031)
- Figure 11.4: APAC Condensing Unit Market by Application in 2019, 2024, and 2031
- Figure 11.5: Trends of the APAC Condensing Unit Market ($B) by Application (2019-2024)
- Figure 11.6: Forecast for the APAC Condensing Unit Market ($B) by Application (2025-2031)
- Figure 11.7: Trends and Forecast for the Japanese Condensing Unit Market ($B) (2019-2031)
- Figure 11.8: Trends and Forecast for the Indian Condensing Unit Market ($B) (2019-2031)
- Figure 11.9: Trends and Forecast for the Chinese Condensing Unit Market ($B) (2019-2031)
- Figure 11.10: Trends and Forecast for the South Korean Condensing Unit Market ($B) (2019-2031)
- Figure 11.11: Trends and Forecast for the Indonesian Condensing Unit Market ($B) (2019-2031)
- Figure 12.1: ROW Condensing Unit Market by Type in 2019, 2024, and 2031
- Figure 12.2: Trends of the ROW Condensing Unit Market ($B) by Type (2019-2024)
- Figure 12.3: Forecast for the ROW Condensing Unit Market ($B) by Type (2025-2031)
- Figure 12.4: ROW Condensing Unit Market by Application in 2019, 2024, and 2031
- Figure 12.5: Trends of the ROW Condensing Unit Market ($B) by Application (2019-2024)
- Figure 12.6: Forecast for the ROW Condensing Unit Market ($B) by Application (2025-2031)
- Figure 12.7: Trends and Forecast for the Middle Eastern Condensing Unit Market ($B) (2019-2031)
- Figure 12.8: Trends and Forecast for the South American Condensing Unit Market ($B) (2019-2031)
- Figure 12.9: Trends and Forecast for the African Condensing Unit Market ($B) (2019-2031)
- Figure 13.1: Porter's Five Forces Analysis of the Global Condensing Unit Market
- Figure 13.2: Market Share (%) of Top Players in the Global Condensing Unit Market (2024)
- Figure 14.1: Growth Opportunities for the Global Condensing Unit Market by Type
- Figure 14.2: Growth Opportunities for the Global Condensing Unit Market by Function
- Figure 14.3: Growth Opportunities for the Global Condensing Unit Market by Refrigerant Type
- Figure 14.4: Growth Opportunities for the Global Condensing Unit Market by Application
- Figure 14.5: Growth Opportunities for the Global Condensing Unit Market by Region
- Figure 14.6: Emerging Trends in the Global Condensing Unit Market
List of Tables
- Table 1.1: Growth Rate (%, 2023-2024) and CAGR (%, 2025-2031) of the Condensing Unit Market by Type, Function, Refrigerant Type, and Application
- Table 1.2: Attractiveness Analysis for the Condensing Unit Market by Region
- Table 1.3: Global Condensing Unit Market Parameters and Attributes
- Table 3.1: Trends of the Global Condensing Unit Market (2019-2024)
- Table 3.2: Forecast for the Global Condensing Unit Market (2025-2031)
- Table 4.1: Attractiveness Analysis for the Global Condensing Unit Market by Type
- Table 4.2: Market Size and CAGR of Various Type in the Global Condensing Unit Market (2019-2024)
- Table 4.3: Market Size and CAGR of Various Type in the Global Condensing Unit Market (2025-2031)
- Table 4.4: Trends of Air-Cooled in the Global Condensing Unit Market (2019-2024)
- Table 4.5: Forecast for Air-Cooled in the Global Condensing Unit Market (2025-2031)
- Table 4.6: Trends of Water-Cooled in the Global Condensing Unit Market (2019-2024)
- Table 4.7: Forecast for Water-Cooled in the Global Condensing Unit Market (2025-2031)
- Table 5.1: Attractiveness Analysis for the Global Condensing Unit Market by Function
- Table 5.2: Market Size and CAGR of Various Function in the Global Condensing Unit Market (2019-2024)
- Table 5.3: Market Size and CAGR of Various Function in the Global Condensing Unit Market (2025-2031)
- Table 5.4: Trends of Air Conditioning in the Global Condensing Unit Market (2019-2024)
- Table 5.5: Forecast for Air Conditioning in the Global Condensing Unit Market (2025-2031)
- Table 5.6: Trends of Refrigeration in the Global Condensing Unit Market (2019-2024)
- Table 5.7: Forecast for Refrigeration in the Global Condensing Unit Market (2025-2031)
- Table 5.8: Trends of Heat Pumps in the Global Condensing Unit Market (2019-2024)
- Table 5.9: Forecast for Heat Pumps in the Global Condensing Unit Market (2025-2031)
- Table 6.1: Attractiveness Analysis for the Global Condensing Unit Market by Refrigerant Type
- Table 6.2: Market Size and CAGR of Various Refrigerant Type in the Global Condensing Unit Market (2019-2024)
- Table 6.3: Market Size and CAGR of Various Refrigerant Type in the Global Condensing Unit Market (2025-2031)
- Table 6.4: Trends of Fluorocarbons in the Global Condensing Unit Market (2019-2024)
- Table 6.5: Forecast for Fluorocarbons in the Global Condensing Unit Market (2025-2031)
- Table 6.6: Trends of Hydrocarbons in the Global Condensing Unit Market (2019-2024)
- Table 6.7: Forecast for Hydrocarbons in the Global Condensing Unit Market (2025-2031)
- Table 6.8: Trends of Inorganics in the Global Condensing Unit Market (2019-2024)
- Table 6.9: Forecast for Inorganics in the Global Condensing Unit Market (2025-2031)
- Table 7.1: Attractiveness Analysis for the Global Condensing Unit Market by Application
- Table 7.2: Market Size and CAGR of Various Application in the Global Condensing Unit Market (2019-2024)
- Table 7.3: Market Size and CAGR of Various Application in the Global Condensing Unit Market (2025-2031)
- Table 7.4: Trends of Industrial in the Global Condensing Unit Market (2019-2024)
- Table 7.5: Forecast for Industrial in the Global Condensing Unit Market (2025-2031)
- Table 7.6: Trends of Commercial in the Global Condensing Unit Market (2019-2024)
- Table 7.7: Forecast for Commercial in the Global Condensing Unit Market (2025-2031)
- Table 7.8: Trends of Transportation in the Global Condensing Unit Market (2019-2024)
- Table 7.9: Forecast for Transportation in the Global Condensing Unit Market (2025-2031)
- Table 7.10: Trends of Others in the Global Condensing Unit Market (2019-2024)
- Table 7.11: Forecast for Others in the Global Condensing Unit Market (2025-2031)
- Table 8.1: Market Size and CAGR of Various Regions in the Global Condensing Unit Market (2019-2024)
- Table 8.2: Market Size and CAGR of Various Regions in the Global Condensing Unit Market (2025-2031)
- Table 9.1: Trends of the North American Condensing Unit Market (2019-2024)
- Table 9.2: Forecast for the North American Condensing Unit Market (2025-2031)
- Table 9.3: Market Size and CAGR of Various Type in the North American Condensing Unit Market (2019-2024)
- Table 9.4: Market Size and CAGR of Various Type in the North American Condensing Unit Market (2025-2031)
- Table 9.5: Market Size and CAGR of Various Application in the North American Condensing Unit Market (2019-2024)
- Table 9.6: Market Size and CAGR of Various Application in the North American Condensing Unit Market (2025-2031)
- Table 9.7: Trends and Forecast for the United States Condensing Unit Market (2019-2031)
- Table 9.8: Trends and Forecast for the Mexican Condensing Unit Market (2019-2031)
- Table 9.9: Trends and Forecast for the Canadian Condensing Unit Market (2019-2031)
- Table 10.1: Trends of the European Condensing Unit Market (2019-2024)
- Table 10.2: Forecast for the European Condensing Unit Market (2025-2031)
- Table 10.3: Market Size and CAGR of Various Type in the European Condensing Unit Market (2019-2024)
- Table 10.4: Market Size and CAGR of Various Type in the European Condensing Unit Market (2025-2031)
- Table 10.5: Market Size and CAGR of Various Application in the European Condensing Unit Market (2019-2024)
- Table 10.6: Market Size and CAGR of Various Application in the European Condensing Unit Market (2025-2031)
- Table 10.7: Trends and Forecast for the German Condensing Unit Market (2019-2031)
- Table 10.8: Trends and Forecast for the French Condensing Unit Market (2019-2031)
- Table 10.9: Trends and Forecast for the Spanish Condensing Unit Market (2019-2031)
- Table 10.10: Trends and Forecast for the Italian Condensing Unit Market (2019-2031)
- Table 10.11: Trends and Forecast for the United Kingdom Condensing Unit Market (2019-2031)
- Table 11.1: Trends of the APAC Condensing Unit Market (2019-2024)
- Table 11.2: Forecast for the APAC Condensing Unit Market (2025-2031)
- Table 11.3: Market Size and CAGR of Various Type in the APAC Condensing Unit Market (2019-2024)
- Table 11.4: Market Size and CAGR of Various Type in the APAC Condensing Unit Market (2025-2031)
- Table 11.5: Market Size and CAGR of Various Application in the APAC Condensing Unit Market (2019-2024)
- Table 11.6: Market Size and CAGR of Various Application in the APAC Condensing Unit Market (2025-2031)
- Table 11.7: Trends and Forecast for the Japanese Condensing Unit Market (2019-2031)
- Table 11.8: Trends and Forecast for the Indian Condensing Unit Market (2019-2031)
- Table 11.9: Trends and Forecast for the Chinese Condensing Unit Market (2019-2031)
- Table 11.10: Trends and Forecast for the South Korean Condensing Unit Market (2019-2031)
- Table 11.11: Trends and Forecast for the Indonesian Condensing Unit Market (2019-2031)
- Table 12.1: Trends of the ROW Condensing Unit Market (2019-2024)
- Table 12.2: Forecast for the ROW Condensing Unit Market (2025-2031)
- Table 12.3: Market Size and CAGR of Various Type in the ROW Condensing Unit Market (2019-2024)
- Table 12.4: Market Size and CAGR of Various Type in the ROW Condensing Unit Market (2025-2031)
- Table 12.5: Market Size and CAGR of Various Application in the ROW Condensing Unit Market (2019-2024)
- Table 12.6: Market Size and CAGR of Various Application in the ROW Condensing Unit Market (2025-2031)
- Table 12.7: Trends and Forecast for the Middle Eastern Condensing Unit Market (2019-2031)
- Table 12.8: Trends and Forecast for the South American Condensing Unit Market (2019-2031)
- Table 12.9: Trends and Forecast for the African Condensing Unit Market (2019-2031)
- Table 13.1: Product Mapping of Condensing Unit Suppliers Based on Segments
- Table 13.2: Operational Integration of Condensing Unit Manufacturers
- Table 13.3: Rankings of Suppliers Based on Condensing Unit Revenue
- Table 14.1: New Product Launches by Major Condensing Unit Producers (2019-2024)
- Table 14.2: Certification Acquired by Major Competitor in the Global Condensing Unit Market
Have a question?
SELECT AN OPTION
Have a question?
Questions? Please give us a call or visit the contact form.