PUBLISHER: Market Xcel - Markets and Data | PRODUCT CODE: 1584557
PUBLISHER: Market Xcel - Markets and Data | PRODUCT CODE: 1584557
Condensing Unit Market Assessment, By Type, By Application, By Function, By Compressors, By Refrigerant Type, By Region, Opportunities and Forecast, 2017-2031F
Global condensing unit market is projected to witness a CAGR of 7.55% during the forecast period 2024-2031, growing from USD 40.06 billion in 2023 to USD 71.71 billion in 2031. Condensing units are crucial to heating and cooling solutions and heating, ventilation, and air conditioning (HVACs) such as air conditioners, refrigerators, and heat pumps. The latest technologies, such as connected appliances, artificial intelligence, advanced sensors, and efficient cooling/heating solutions, are shaping the future of condensing technology. Technological trends are likely to influence the market scope, including advanced refrigerants, technological integrations, modular designs, and enhanced energy efficiency. The evolution in heat exchangers and development in variable speed compressors are expected to enhance the performance of the condensing units, further leading to less energy consumption and lower operational costs. There is a growing trend towards the development of modular and custom condensing units, which facilitates the process of scaling up or down and integrating into current systems, making it easier to meet different application requirements.
Outdated technologies in thermal stations are being replaced with advanced condensing units. The rationale behind this is the growing demand for efficiency and emissions reduction. Condensing units are the scale of heat exchangers therefore they recover energy from waste and give it to contribute to greater energy output. This kind of operational efficiency helps in cutting down costs associated with operations and meets tough regulations that aim at decreasing the carbon footprint. Countries are adopting sustainable delivery condensers, specifically for energy plants usage.
For instance, in March 2023, the National Thermal Power Corporation (NTPC) commissioned India's first air cooled condenser at the North Karanpura Super Critical plant in Jharkhand, India. In comparison to a traditional water-cooled condenser (WCC), the air-cooled condenser (ACC) used in this project has a water footprint that is about one-third smaller. This would save about 30.5 mcm of water a year, which would meet the needs of about 1.5 million people in the area.
Proliferation of Industrial and Market Spaces to Propel Market Growth
The expansion of industries and their market space is contributing to the enhancement of the condensing unit market. With the growth of industries and the advent of new ones, including pharmaceutical, food and beverage, and renewable energy industries, the need for cooling and refrigeration systems is rising. In addition, urbanization and an increase in population call for the installation of sophisticated HVAC systems in commercial buildings. Also, there is an increase in the demand for dependable condensing units due to higher penetration of the Internet of Things and cold chain logistics. Furthermore, there is an increased emphasis on energy efficiency and sustainability, propelling innovation amongst developers and resulting in quite a few products suited for different industrial uses, which in turn propels market growth.
For instance, in February 2024, Panasonic Industry Co., Ltd.'s Panasonic Europe launched a new 20hp Co2 (R744) outdoor condensing unit in the European market. The unit is specially designed for the four supermarkets and industrial cooling spaces. In addition to providing support for food retail and process cooling applications, such as chilled and low-temperature display cases, walk-in cold rooms, freezers, and blast chillers, the 20 hp unit expands the company's current line of 2 hp, 4 hp, and 10 hp CO2 outdoor systems.
HVAC Growth and Adoption of Sustainable Refrigerants to Shape the Global Market
The ongoing growth of the HVAC market, attributed to growing urbanization levels and climate change factors will spur the adoption of condensing units across all the sectors, such as the residential, commercial and industrial sectors. Given the increasing consumer awareness and the general preference towards green products, the manufacturers will be forced to consider the aspect of sustainability in their products.
Sustainable refrigerants, such as R290 (propane), are rapidly transforming the condenser unit market through a higher focus on regulatory compliance, enhancing energy efficiency, and reducing environmental impact. With a low global warming potential (GWP), sustainable refrigerants deliver enhanced alternatives to traditional refrigerants, helping manufacturers meet stringent environmental regulations. The higher efficiency lowers operational costs while attracting environmentally driven end-users. Furthermore, the shift to sustainable options enables innovations in condenser design, addressing its unique properties such as flammability and safety measures. While the initial investment may be higher, the long-term savings and alignment with sustainability goals make R290 a compelling choice in the evolving market landscape.
For instance, in August 2022, Embraco, a company from Nidec Corporation, launched a new range of R290 condensing units for the European market. The product is especially for food service applications, such as under-counters, blast chillers, cold rooms, and reach-ins. Compared to the present HFC line of condensing units, the new portfolio can achieve an energy efficiency improvement of 7% to 9%. It has a series of highly energy-efficient Embraco compressors that run on R290, a natural refrigerant.
Air-cooled Segment to Lead Market Share with Easy Installation and Wider Application
The air-cooled segment leads the global condensing unit market share in revenue. This increased demand can be attributed to its simple setup and applicability in many fields. This increased demand can be attributed to its simple setup and applicability in many fields. For instance, in contrast to water-based mechanisms, air-cooling devices can easily do away with sophisticated piping and cooling water fittings, which makes the entire installation process speedier and easier. The simplicity of this installation is an advantage for small and mid-sized enterprises that may not have ample means to put up extensive facilities.
Furthermore, air-cooled units are often used in different sectors such as commercial refrigeration, HVAC, and industrial processes owing to their versatility. They perform well under different climate conditions, thus making them suitable for deep freezer cases and rooftop installations. With energy efficiency and sustainability becoming priorities, it is not surprising that innovations in air-cooled systems, such as using low GWP refrigerants and new designs of heat exchangers, have made them more attractive. The possibility of hassle-free installation combined with numerous use cases gives the air-cooled section the front-runner position in condensing unit sales.
For instance, in May 2023, Industrial Water Cooling (IWC) Proprietary Limited launched a new range of air-cooled condensers. With climate action central to our growth strategy at IWC, we aim to develop an air-cooled condenser that minimizes environmental impact by reducing water consumption, energy use, and carbon emissions.
Asia-Pacific to Hold the Dominating Global Condensing Unit Market Share
Asia-Pacific leads the share of the global condensing unit market in terms of revenue. Asia-Pacific continues to lead the market for condensing units due to the confluence of different factors, such as industrial expansions, technological advancements, and policy changes. Over the years, many countries have become industrialized, creating a growing need for many cooling applications. This is especially true for industries such as HVAC, food and beverage, and pharmaceuticals. The food service industry boom is complemented by urban migration, which increases the concentration of the population in a small space, thus increasing the demand for air conditioning and refrigeration systems.
Furthermore, this region has emerged as a cluster for technological innovations, with constant improvements of energy-efficient designs by manufacturers due to the strict environmental regulations that must be adhered to. This focus on sustainability aims to satisfy legal requirements and responds to the increasing number of consumers who prefer green products. Moreover, the well-established manufacturing base in Asia-Pacific enhances low-cost production and rapid market entry, maintaining its dominant share in the global condensing unit market. Companies enter Asian markets to expand their businesses in countries such as India and China, which hold major growth potential.
For instance, in August 2024, Danfoss India (Danfoss A/S) launched a condensing unit, focused on transforming the dairy sector. The advanced twin-fan design of the OptymaTM Pack greatly improves cooling effectiveness and system longevity. Superior heat dissipation is ensured by this sophisticated setup, which keeps operating temperatures at ideal levels even in hot weather (up to 48°C).
Future Market Scenario (2024 - 2031F)
The incorporation of the Internet of Things (IoT) is going to enable real-time monitoring and diagnostics, optimizing energy use and improving system efficiency through predictive maintenance.
Next-generation condensing units are anticipated to leverage advanced refrigerants and innovative heat exchange technologies to reduce energy consumption and minimize greenhouse gas emissions.
Modular condensing units allow for scalability and flexibility, making adapting systems to varying cooling demands in commercial and industrial settings easier.
Key Players Landscape and Outlook
Key players in the condensing unit market strategically focus on innovation, sustainability, and market diversification to maintain their competitive edge. Many companies are investing heavily in research and development to enhance their products' energy efficiency and performance, often incorporating advanced technologies such as IoT for smart monitoring and predictive maintenance. Sustainability is a priority, with manufacturers transitioning to low-GWP refrigerants and developing energy-efficient designs that meet the evolving regulatory standards. Strategic partnerships and collaborations with technology providers are also being pursued to leverage expertise and expand product offerings. Geographic diversification is another crucial strategy, as companies seek to penetrate emerging markets in Asia-Pacific and Africa, where industrial growth and urbanization are driving demand. Companies launch products with lower operational and installation costs to expand their business around the globe.
For instance, in August 2022, Baltimore Aircoil Company introduced the vertex evaporative condenser. Maximum up time is provided by the Vertex Condenser, which is easily and securely accessible. With the lowest operating, maintenance, and installation costs, it offers the lowest total cost of ownership.
Table of Contents
1. Project Scope and Definitions
2. Research Methodology
3. Executive Summary
4. Voice of Customer
- 4.1. Product and Market Intelligence
- 4.2. Mode of Brand Awareness
- 4.3. Factors Considered in Purchase Decisions
- 4.3.1. Energy Efficiency
- 4.3.2. Refrigerant Type
- 4.3.3. Capacity and Size
- 4.3.4. Noise Levels
- 4.3.5. Durability and Build Quality
- 4.3.6. Technological Features
- 4.3.7. Maintenance Requirements
- 4.4. Consideration of Privacy and Regulations
5. Global Condensing Unit Market Outlook, 2017-2031F
- 5.1. Market Size Analysis & Forecast
- 5.1.1. By Value
- 5.1.2. By Volume
- 5.2. Market Share Analysis & Forecast
- 5.2.1. By Type
- 5.2.1.1. Air-cooled Condenser
- 5.2.1.2. Water-cooled Condenser
- 5.2.1.3. Evaporative Condenser
- 5.2.2. By Application
- 5.2.2.1. Residential
- 5.2.2.2. Commercial
- 5.2.2.3. Industrial
- 5.2.2.4. Transportation
- 5.2.3. By Function
- 5.2.3.1. Air Conditioning
- 5.2.3.2. Refrigeration
- 5.2.3.3. Heat Pump
- 5.2.4. By Compressors
- 5.2.4.1. Reciprocating Compressor
- 5.2.4.2. Screw Compressor
- 5.2.4.3. Rotary Compressor
- 5.2.4.4. Others
- 5.2.5. By Refrigerant Type
- 5.2.5.1. Fluorocarbons
- 5.2.5.2. Hydrocarbons
- 5.2.5.3. Inorganics
- 5.2.6. By Region
- 5.2.6.1. North America
- 5.2.6.2. Europe
- 5.2.6.3. Asia-Pacific
- 5.2.6.4. South America
- 5.2.6.5. Middle East and Africa
- 5.2.7. By Company Market Share Analysis (Top 5 Companies and Others - By Value, 2023)
- 5.2.1. By Type
- 5.3. Market Map Analysis, 2023
- 5.3.1. By Type
- 5.3.2. By Application
- 5.3.3. By Function
- 5.3.4. By Compressors
- 5.3.5. By Refrigerant Type
- 5.3.6. By Region
6. North America Condensing Unit Market Outlook, 2017-2031F*
- 6.1. Market Size Analysis & Forecast
- 6.1.1. By Value
- 6.1.2. By Volume
- 6.2. Market Share Analysis & Forecast
- 6.2.1. By Type
- 6.2.1.1. Air-cooled Condenser
- 6.2.1.2. Water-cooled Condenser
- 6.2.1.3. Evaporative Condenser
- 6.2.2. By Application
- 6.2.2.1. Residential
- 6.2.2.2. Commercial
- 6.2.2.3. Industrial
- 6.2.2.4. Transportation
- 6.2.3. By Function
- 6.2.3.1. Air Conditioning
- 6.2.3.2. Refrigeration
- 6.2.3.3. Heat Pump
- 6.2.4. By Compressors
- 6.2.4.1. Reciprocating Compressor
- 6.2.4.2. Screw Compressor
- 6.2.4.3. Rotary Compressor
- 6.2.4.4. Others
- 6.2.5. By Refrigerant Type
- 6.2.5.1. Fluorocarbons
- 6.2.5.2. Hydrocarbons
- 6.2.5.3. Inorganics
- 6.2.6. By Country Share
- 6.2.6.1. United States
- 6.2.6.2. Canada
- 6.2.6.3. Mexico
- 6.2.1. By Type
- 6.3. Country Market Assessment
- 6.3.1. United States Condensing Unit Market Outlook, 2017-2031F*
- 6.3.1.1. Market Size Analysis & Forecast
- 6.3.1.1.1. By Value
- 6.3.1.1.2. By Volume
- 6.3.1.2. Market Share Analysis & Forecast
- 6.3.1.2.1. By Type
- 6.3.1.2.1.1. Air-cooled Condenser
- 6.3.1.2.1.2. Water-cooled Condenser
- 6.3.1.2.1.3. Evaporative Condenser
- 6.3.1.2.2. By Application
- 6.3.1.2.2.1. Residential
- 6.3.1.2.2.2. Commercial
- 6.3.1.2.2.3. Industrial
- 6.3.1.2.2.4. Transportation
- 6.3.1.2.3. By Function
- 6.3.1.2.3.1. Air Conditioning
- 6.3.1.2.3.2. Refrigeration
- 6.3.1.2.3.3. Heat Pump
- 6.3.1.2.4. By Compressors
- 6.3.1.2.4.1. Reciprocating Compressor
- 6.3.1.2.4.2. Screw Compressor
- 6.3.1.2.4.3. Rotary Compressor
- 6.3.1.2.4.4. Others
- 6.3.1.2.5. By Refrigerant Type
- 6.3.1.2.5.1. Fluorocarbons
- 6.3.1.2.5.2. Hydrocarbons
- 6.3.1.2.5.3. Inorganics
- 6.3.1.2.1. By Type
- 6.3.1.1. Market Size Analysis & Forecast
- 6.3.2. Canada
- 6.3.3. Mexico
- 6.3.1. United States Condensing Unit Market Outlook, 2017-2031F*
All segments will be provided for all regions and countries covered
7. Europe Condensing Unit Market Outlook, 2017-2031F
- 7.1. Germany
- 7.2. France
- 7.3. Italy
- 7.4. United Kingdom
- 7.5. Russia
- 7.6. Netherlands
- 7.7. Spain
- 7.8. Turkey
- 7.9. Poland
8. Asia-Pacific Condensing Unit Market Outlook, 2017-2031F
- 8.1. India
- 8.2. China
- 8.3. Japan
- 8.4. Australia
- 8.5. Vietnam
- 8.6. South Korea
- 8.7. Indonesia
- 8.8. Philippines
9. South America Condensing Unit Market Outlook, 2017-2031F
- 9.1. Brazil
- 9.2. Argentina
10. Middle East and Africa Condensing Unit Market Outlook, 2017-2031F
- 10.1. Saudi Arabia
- 10.2. UAE
- 10.3. South Africa
11. Demand Supply Analysis
12. Import and Export Analysis
13. Value Chain Analysis
14. Porter's Five Forces Analysis
15. PESTLE Analysis
16. Pricing Analysis
17. Market Dynamics
- 17.1. Market Drivers
- 17.2. Market Challenges
18. Market Trends and Developments
19. Case Studies
20. Competitive Landscape
- 20.1. Competition Matrix of Top 5 Market Leaders
- 20.2. SWOT Analysis for Top 5 Players
- 20.3. Key Players Landscape for Top 10 Market Players
- 20.3.1. Panasonic Industry Co., Ltd.
- 20.3.1.1. Company Details
- 20.3.1.2. Key Management Personnel
- 20.3.1.3. Products and Services
- 20.3.1.4. Financials (As Reported)
- 20.3.1.5. Key Market Focus and Geographical Presence
- 20.3.1.6. Recent Developments/Collaborations/Partnerships/Mergers and Acquisition
- 20.3.2. Danfoss A/S
- 20.3.3. Schutte and Koerting Company
- 20.3.4. Embraco LLC (Nidec Corporation)
- 20.3.5. Baltimore Aircoil Company
- 20.3.6. Dorin S.p.A.
- 20.3.7. SCM Frigo S.p.A
- 20.3.8. Carrier Corporation
- 20.3.9. Johnson Controls, Inc.
- 20.3.10. Leonardo DRS, Inc.
- 20.3.11. Tecumseh Products Company LLC.
- 20.3.1. Panasonic Industry Co., Ltd.
Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.
21. Strategic Recommendations
22. About Us and Disclaimer
List of Tables
- Table 1. Pricing Analysis of Products from Key Players
- Table 2. Competition Matrix of Top 5 Market Leaders
- Table 3. Mergers & Acquisitions/ Joint Ventures (If Applicable)
- Table 4. About Us - Regions and Countries Where We Have Executed Client Projects
List of Figures
- Figure 1. Global Condensing Unit Market, By Value, In USD Billion, 2017-2031F
- Figure 2. Global Condensing Unit Market, By Volume, In Units, 2017-2031F
- Figure 3. Global Condensing Unit Market Share (%), By Type, 2017-2031F
- Figure 4. Global Condensing Unit Market Share (%), By Application, 2017-2031F
- Figure 5. Global Condensing Unit Market Share (%), By Function, 2017-2031F
- Figure 6. Global Condensing Unit Market Share (%), By Compressors, 2017-2031F
- Figure 7. Global Condensing Unit Market Share (%), By Refrigerant Type, 2017-2031F
- Figure 8. Global Condensing Unit Market Share (%), By Region, 2017-2031F
- Figure 9. North America Condensing Unit Market, By Value, In USD Billion, 2017-2031F
- Figure 10. North America Condensing Unit Market, By Volume, In Units, 2017-2031F
- Figure 11. North America Condensing Unit Market Share (%), By Type, 2017-2031F
- Figure 12. North America Condensing Unit Market Share (%), By Application, 2017-2031F
- Figure 13. North America Condensing Unit Market Share (%), By Function, 2017-2031F
- Figure 14. North America Condensing Unit Market Share (%), By Compressors, 2017-2031F
- Figure 15. North America Condensing Unit Market Share (%), By Refrigerant Type, 2017-2031F
- Figure 16. North America Condensing Unit Market Share (%), By Country, 2017-2031F
- Figure 17. United States Condensing Unit Market, By Value, In USD Billion, 2017-2031F
- Figure 18. United States Condensing Unit Market, By Volume, In Units, 2017-2031F
- Figure 19. United States Condensing Unit Market Share (%), By Type, 2017-2031F
- Figure 20. United States Condensing Unit Market Share (%), By Application, 2017-2031F
- Figure 21. United States Condensing Unit Market Share (%), By Function, 2017-2031F
- Figure 22. United States Condensing Unit Market Share (%), By Compressors, 2017-2031F
- Figure 23. United States Condensing Unit Market Share (%), By Refrigerant Type, 2017-2031F
- Figure 24. Canada Condensing Unit Market, By Value, In USD Billion, 2017-2031F
- Figure 25. Canada Condensing Unit Market, By Volume, In Units, 2017-2031F
- Figure 26. Canada Condensing Unit Market Share (%), By Type, 2017-2031F
- Figure 27. Canada Condensing Unit Market Share (%), By Application, 2017-2031F
- Figure 28. Canada Condensing Unit Market Share (%), By Function, 2017-2031F
- Figure 29. Canada Condensing Unit Market Share (%), By Compressors, 2017-2031F
- Figure 30. Canada Condensing Unit Market Share (%), By Refrigerant Type, 2017-2031F
- Figure 31. Mexico Condensing Unit Market, By Value, In USD Billion, 2017-2031F
- Figure 32. Mexico Condensing Unit Market, By Volume, In Units, 2017-2031F
- Figure 33. Mexico Condensing Unit Market Share (%), By Type, 2017-2031F
- Figure 34. Mexico Condensing Unit Market Share (%), By Application, 2017-2031F
- Figure 35. Mexico Condensing Unit Market Share (%), By Function, 2017-2031F
- Figure 36. Mexico Condensing Unit Market Share (%), By Compressors, 2017-2031F
- Figure 37. Mexico Condensing Unit Market Share (%), By Refrigerant Type, 2017-2031F
- Figure 38. Europe Condensing Unit Market, By Value, In USD Billion, 2017-2031F
- Figure 39. Europe Condensing Unit Market, By Volume, In Units, 2017-2031F
- Figure 40. Europe Condensing Unit Market Share (%), By Type, 2017-2031F
- Figure 41. Europe Condensing Unit Market Share (%), By Application, 2017-2031F
- Figure 42. Europe Condensing Unit Market Share (%), By Function, 2017-2031F
- Figure 43. Europe Condensing Unit Market Share (%), By Compressors, 2017-2031F
- Figure 44. Europe Condensing Unit Market Share (%), By Refrigerant Type, 2017-2031F
- Figure 45. Europe Condensing Unit Market Share (%), By Country, 2017-2031F
- Figure 46. Germany Condensing Unit Market, By Value, In USD Billion, 2017-2031F
- Figure 47. Germany Condensing Unit Market, By Volume, In Units, 2017-2031F
- Figure 48. Germany Condensing Unit Market Share (%), By Type, 2017-2031F
- Figure 49. Germany Condensing Unit Market Share (%), By Application, 2017-2031F
- Figure 50. Germany Condensing Unit Market Share (%), By Function, 2017-2031F
- Figure 51. Germany Condensing Unit Market Share (%), By Compressors, 2017-2031F
- Figure 52. Germany Condensing Unit Market Share (%), By Refrigerant Type, 2017-2031F
- Figure 53. France Condensing Unit Market, By Value, In USD Billion, 2017-2031F
- Figure 54. France Condensing Unit Market, By Volume, In Units, 2017-2031F
- Figure 55. France Condensing Unit Market Share (%), By Type, 2017-2031F
- Figure 56. France Condensing Unit Market Share (%), By Application, 2017-2031F
- Figure 57. France Condensing Unit Market Share (%), By Function, 2017-2031F
- Figure 58. France Condensing Unit Market Share (%), By Compressors, 2017-2031F
- Figure 59. France Condensing Unit Market Share (%), By Refrigerant Type, 2017-2031F
- Figure 60. Italy Condensing Unit Market, By Value, In USD Billion, 2017-2031F
- Figure 61. Italy Condensing Unit Market, By Volume, In Units, 2017-2031F
- Figure 62. Italy Condensing Unit Market Share (%), By Type, 2017-2031F
- Figure 63. Italy Condensing Unit Market Share (%), By Application, 2017-2031F
- Figure 64. Italy Condensing Unit Market Share (%), By Function, 2017-2031F
- Figure 65. Italy Condensing Unit Market Share (%), By Compressors, 2017-2031F
- Figure 66. Italy Condensing Unit Market Share (%), By Refrigerant Type, 2017-2031F
- Figure 67. United Kingdom Condensing Unit Market, By Value, In USD Billion, 2017-2031F
- Figure 68. United Kingdom Condensing Unit Market, By Volume, In Units, 2017-2031F
- Figure 69. United Kingdom Condensing Unit Market Share (%), By Type, 2017-2031F
- Figure 70. United Kingdom Condensing Unit Market Share (%), By Application, 2017-2031F
- Figure 71. United Kingdom Condensing Unit Market Share (%), By Function, 2017-2031F
- Figure 72. United Kingdom Condensing Unit Market Share (%), By Compressors, 2017-2031F
- Figure 73. United Kingdom Condensing Unit Market Share (%), By Refrigerant Type, 2017-2031F
- Figure 74. Russia Condensing Unit Market, By Value, In USD Billion, 2017-2031F
- Figure 75. Russia Condensing Unit Market, By Volume, In Units, 2017-2031F
- Figure 76. Russia Condensing Unit Market Share (%), By Type, 2017-2031F
- Figure 77. Russia Condensing Unit Market Share (%), By Application, 2017-2031F
- Figure 78. Russia Condensing Unit Market Share (%), By Function, 2017-2031F
- Figure 79. Russia Condensing Unit Market Share (%), By Compressors, 2017-2031F
- Figure 80. Russia Condensing Unit Market Share (%), By Refrigerant Type, 2017-2031F
- Figure 81. Netherlands Condensing Unit Market, By Value, In USD Billion, 2017-2031F
- Figure 82. Netherlands Condensing Unit Market, By Volume, In Units, 2017-2031F
- Figure 83. Netherlands Condensing Unit Market Share (%), By Type, 2017-2031F
- Figure 84. Netherlands Condensing Unit Market Share (%), By Application, 2017-2031F
- Figure 85. Netherlands Condensing Unit Market Share (%), By Function, 2017-2031F
- Figure 86. Netherlands Condensing Unit Market Share (%), By Compressors, 2017-2031F
- Figure 87. Netherlands Condensing Unit Market Share (%), By Refrigerant Type, 2017-2031F
- Figure 88. Spain Condensing Unit Market, By Value, In USD Billion, 2017-2031F
- Figure 89. Spain Condensing Unit Market, By Volume, In Units, 2017-2031F
- Figure 90. Spain Condensing Unit Market Share (%), By Type, 2017-2031F
- Figure 91. Spain Condensing Unit Market Share (%), By Application, 2017-2031F
- Figure 92. Spain Condensing Unit Market Share (%), By Function, 2017-2031F
- Figure 93. Spain Condensing Unit Market Share (%), By Compressors, 2017-2031F
- Figure 94. Spain Condensing Unit Market Share (%), By Refrigerant Type, 2017-2031F
- Figure 95. Turkey Condensing Unit Market, By Value, In USD Billion, 2017-2031F
- Figure 96. Turkey Condensing Unit Market, By Volume, In Units, 2017-2031F
- Figure 97. Turkey Condensing Unit Market Share (%), By Type, 2017-2031F
- Figure 98. Turkey Condensing Unit Market Share (%), By Application, 2017-2031F
- Figure 99. Turkey Condensing Unit Market Share (%), By Function, 2017-2031F
- Figure 100. Turkey Condensing Unit Market Share (%), By Compressors, 2017-2031F
- Figure 101. Turkey Condensing Unit Market Share (%), By Refrigerant Type, 2017-2031F
- Figure 102. Poland Condensing Unit Market, By Value, In USD Billion, 2017-2031F
- Figure 103. Poland Condensing Unit Market, By Volume, In Units, 2017-2031F
- Figure 104. Poland Condensing Unit Market Share (%), By Type, 2017-2031F
- Figure 105. Poland Condensing Unit Market Share (%), By Application, 2017-2031F
- Figure 106. Poland Condensing Unit Market Share (%), By Function, 2017-2031F
- Figure 107. Poland Condensing Unit Market Share (%), By Compressors, 2017-2031F
- Figure 108. Poland Condensing Unit Market Share (%), By Refrigerant Type, 2017-2031F
- Figure 109. South America Condensing Unit Market, By Value, In USD Billion, 2017-2031F
- Figure 110. South America Condensing Unit Market, By Volume, In Units, 2017-2031F
- Figure 111. South America Condensing Unit Market Share (%), By Type, 2017-2031F
- Figure 112. South America Condensing Unit Market Share (%), By Application, 2017-2031F
- Figure 113. South America Condensing Unit Market Share (%), By Function, 2017-2031F
- Figure 114. South America Condensing Unit Market Share (%), By Compressors, 2017-2031F
- Figure 115. South America Condensing Unit Market Share (%), By Refrigerant Type, 2017-2031F
- Figure 116. South America Condensing Unit Market Share (%), By Country, 2017-2031F
- Figure 117. Brazil Condensing Unit Market, By Value, In USD Billion, 2017-2031F
- Figure 118. Brazil Condensing Unit Market, By Volume, In Units, 2017-2031F
- Figure 119. Brazil Condensing Unit Market Share (%), By Type, 2017-2031F
- Figure 120. Brazil Condensing Unit Market Share (%), By Application, 2017-2031F
- Figure 121. Brazil Condensing Unit Market Share (%), By Function, 2017-2031F
- Figure 122. Brazil Condensing Unit Market Share (%), By Compressors, 2017-2031F
- Figure 123. Brazil Condensing Unit Market Share (%), By Refrigerant Type, 2017-2031F
- Figure 124. Argentina Condensing Unit Market, By Value, In USD Billion, 2017-2031F
- Figure 125. Argentina Condensing Unit Market, By Volume, In Units, 2017-2031F
- Figure 126. Argentina Condensing Unit Market Share (%), By Type, 2017-2031F
- Figure 127. Argentina Condensing Unit Market Share (%), By Application, 2017-2031F
- Figure 128. Argentina Condensing Unit Market Share (%), By Function, 2017-2031F
- Figure 129. Argentina Condensing Unit Market Share (%), By Compressors, 2017-2031F
- Figure 130. Argentina Condensing Unit Market Share (%), By Refrigerant Type, 2017-2031F
- Figure 131. Asia-Pacific Condensing Unit Market, By Value, In USD Billion, 2017-2031F
- Figure 132. Asia-Pacific Condensing Unit Market, By Volume, In Units, 2017-2031F
- Figure 133. Asia-Pacific Condensing Unit Market Share (%), By Type, 2017-2031F
- Figure 134. Asia-Pacific Condensing Unit Market Share (%), By Application, 2017-2031F
- Figure 135. Asia-Pacific Condensing Unit Market Share (%), By Function, 2017-2031F
- Figure 136. Asia-Pacific Condensing Unit Market Share (%), By Compressors, 2017-2031F
- Figure 137. Asia- Pacific Condensing Unit Market Share (%), By Refrigerant Type, 2017-2031F
- Figure 138. Asia-Pacific Condensing Unit Market Share (%), By Country, 2017-2031F
- Figure 139. India Condensing Unit Market, By Value, In USD Billion, 2017-2031F
- Figure 140. India Condensing Unit Market, By Volume, In Units, 2017-2031F
- Figure 141. India Condensing Unit Market Share (%), By Type, 2017-2031F
- Figure 142. India Condensing Unit Market Share (%), By Application, 2017-2031F
- Figure 143. India Condensing Unit Market Share (%), By Function, 2017-2031F
- Figure 144. India Condensing Unit Market Share (%), By Compressors, 2017-2031F
- Figure 145. India Condensing Unit Market Share (%), By Refrigerant Type, 2017-2031F
- Figure 146. China Condensing Unit Market, By Value, In USD Billion, 2017-2031F
- Figure 147. China Condensing Unit Market, By Volume, In Units, 2017-2031F
- Figure 148. China Condensing Unit Market Share (%), By Type, 2017-2031F
- Figure 149. China Condensing Unit Market Share (%), By Application, 2017-2031F
- Figure 150. China Condensing Unit Market Share (%), By Function, 2017-2031F
- Figure 151. China Condensing Unit Market Share (%), By Compressors, 2017-2031F
- Figure 152. China Condensing Unit Market Share (%), By Refrigerant Type, 2017-2031F
- Figure 153. Japan Condensing Unit Market, By Value, In USD Billion, 2017-2031F
- Figure 154. Japan Condensing Unit Market, By Volume, In Units, 2017-2031F
- Figure 155. Japan Condensing Unit Market Share (%), By Type, 2017-2031F
- Figure 156. Japan Condensing Unit Market Share (%), By Application, 2017-2031F
- Figure 157. Japan Condensing Unit Market Share (%), By Function, 2017-2031F
- Figure 158. Japan Condensing Unit Market Share (%), By Compressors, 2017-2031F
- Figure 159. Japan Condensing Unit Market Share (%), By Refrigerant Type, 2017-2031F
- Figure 160. Australia Condensing Unit Market, By Value, In USD Billion, 2017-2031F
- Figure 161. Australia Condensing Unit Market, By Volume, In Units, 2017-2031F
- Figure 162. Australia Condensing Unit Market Share (%), By Type, 2017-2031F
- Figure 163. Australia Condensing Unit Market Share (%), By Application, 2017-2031F
- Figure 164. Australia Condensing Unit Market Share (%), By Function, 2017-2031F
- Figure 165. Australia Condensing Unit Market Share (%), By Compressors, 2017-2031F
- Figure 166. Australia Condensing Unit Market Share (%), By Refrigerant Type, 2017-2031F
- Figure 167. Vietnam Condensing Unit Market, By Value, In USD Billion, 2017-2031F
- Figure 168. Vietnam Condensing Unit Market, By Volume, In Units, 2017-2031F
- Figure 169. Vietnam Condensing Unit Market Share (%), By Type, 2017-2031F
- Figure 170. Vietnam Condensing Unit Market Share (%), By Application, 2017-2031F
- Figure 171. Vietnam Condensing Unit Market Share (%), By Function, 2017-2031F
- Figure 172. Vietnam Condensing Unit Market Share (%), By Compressors, 2017-2031F
- Figure 173. Vietnam Condensing Unit Market Share (%), By Refrigerant Type, 2017-2031F
- Figure 174. South Korea Condensing Unit Market, By Value, In USD Billion, 2017-2031F
- Figure 175. South Korea Condensing Unit Market, By Volume, In Units, 2017-2031F
- Figure 176. South Korea Condensing Unit Market Share (%), By Type, 2017-2031F
- Figure 177. South Korea Condensing Unit Market Share (%), By Application, 2017-2031F
- Figure 178. South Korea Condensing Unit Market Share (%), By Function, 2017-2031F
- Figure 179. South Korea Condensing Unit Market Share (%), By Compressors, 2017-2031F
- Figure 180. South Korea Condensing Unit Market Share (%), By Refrigerant Type, 2017-2031F
- Figure 181. Indonesia Condensing Unit Market, By Value, In USD Billion, 2017-2031F
- Figure 182. Indonesia Condensing Unit Market, By Volume, In Units, 2017-2031F
- Figure 183. Indonesia Condensing Unit Market Share (%), By Type, 2017-2031F
- Figure 184. Indonesia Condensing Unit Market Share (%), By Application, 2017-2031F
- Figure 185. Indonesia Condensing Unit Market Share (%), By Function, 2017-2031F
- Figure 186. Indonesia Condensing Unit Market Share (%), By Compressors, 2017-2031F
- Figure 187. Indonesia Condensing Unit Market Share (%), By Refrigerant Type, 2017-2031F
- Figure 188. Philippines Condensing Unit Market, By Value, In USD Billion, 2017-2031F
- Figure 189. Philippines Condensing Unit Market, By Volume, In Units, 2017-2031F
- Figure 190. Philippines Condensing Unit Market Share (%), By Type, 2017-2031F
- Figure 191. Philippines Condensing Unit Market Share (%), By Application, 2017-2031F
- Figure 192. Philippines Condensing Unit Market Share (%), By Function, 2017-2031F
- Figure 193. Philippines Condensing Unit Market Share (%), By Compressors, 2017-2031F
- Figure 194. Philippines Condensing Unit Market Share (%), By Refrigerant Type, 2017-2031F
- Figure 195. Middle East & Africa Condensing Unit Market, By Value, In USD Billion, 2017-2031F
- Figure 196. Middle East & Africa Condensing Unit Market, By Volume, In Units, 2017-2031F
- Figure 197. Middle East & Africa Condensing Unit Market Share (%), By Type, 2017-2031F
- Figure 198. Middle East & Africa Condensing Unit Market Share (%), By Application, 2017-2031F
- Figure 199. Middle East & Africa Condensing Unit Market Share (%), By Function, 2017-2031F
- Figure 200. Middle East & Africa Condensing Unit Market Share (%), By Compressors, 2017-2031F
- Figure 201. Middle East & Africa Condensing Unit Market Share (%), By Refrigerant Type, 2017-2031F
- Figure 202. Middle East & Africa Condensing Unit Market Share (%), By Country, 2017-2031F
- Figure 203. Saudi Arabia Condensing Unit Market, By Value, In USD Billion, 2017-2031F
- Figure 204. Saudi Arabia Condensing Unit Market, By Volume, In Units, 2017-2031F
- Figure 205. Saudi Arabia Condensing Unit Market Share (%), By Type, 2017-2031F
- Figure 206. Saudi Arabia Condensing Unit Market Share (%), By Application, 2017-2031F
- Figure 207. Saudi Arabia Condensing Unit Market Share (%), By Function, 2017-2031F
- Figure 208. Saudi Arabia Condensing Unit Market Share (%), By Compressors, 2017-2031F
- Figure 209. Saudi Arabia Condensing Unit Market Share (%), By Refrigerant Type, 2017-2031F
- Figure 210. UAE Condensing Unit Market, By Value, In USD Billion, 2017-2031F
- Figure 211. UAE Condensing Unit Market, By Volume, In Units, 2017-2031F
- Figure 212. UAE Condensing Unit Market Share (%), By Type, 2017-2031F
- Figure 213. UAE Condensing Unit Market Share (%), By Application, 2017-2031F
- Figure 214. UAE Condensing Unit Market Share (%), By Function, 2017-2031F
- Figure 215. UAE Condensing Unit Market Share (%), By Compressors, 2017-2031F
- Figure 216. UAE Condensing Unit Market Share (%), By Refrigerant Type, 2017-2031F
- Figure 217. South Africa Condensing Unit Market, By Value, In USD Billion, 2017-2031F
- Figure 218. South Africa Condensing Unit Market, By Volume, In Units, 2017-2031F
- Figure 219. South Africa Condensing Unit Market Share (%), By Type, 2017-2031F
- Figure 220. South Africa Condensing Unit Market Share (%), By Application, 2017-2031F
- Figure 221. South Africa Condensing Unit Market Share (%), By Function, 2017-2031F
- Figure 222. South Africa Condensing Unit Market Share (%), By Compressors, 2017-2031F
- Figure 223. South Africa Condensing Unit Market Share (%), By Refrigerant Type, 2017-2031F
- Figure 224. By Type Map-Market Size (USD Billion) & Growth Rate (%), 2023
- Figure 225. By Application Map-Market Size (USD Billion) & Growth Rate (%), 2023
- Figure 226. By Function Map-Market Size (USD Billion) & Growth Rate (%), 2023
- Figure 227. By Compressors Map-Market Size (USD Billion) & Growth Rate (%), 2023
- Figure 228. By Refrigerant Type Map-Market Size (USD Billion) & Growth Rate (%), 2023
- Figure 229. By Region Map-Market Size (USD Billion) & Growth Rate (%), 2023
