Kohima News Paper

Emerson Electric Co. (US) and Carrier Global Corporation (US) are Leadong Players in the Condensing Unit Market

 Breaking News
  • No posts were found

Emerson Electric Co. (US) and Carrier Global Corporation (US) are Leadong Players in the Condensing Unit Market

April 29
23:40 2021
Emerson Electric Co. (US) and Carrier Global Corporation (US) are Leadong Players in the Condensing Unit Market

Browse 133 market data Tables and 35 Figures spread through 182 Pages and in-depth TOC on “Condensing Unit Market”
Condensing Unit Market by Type (Air-cooled, Water-cooled, Evaporative), Application (Industrial, Commercial, Transportation), Function (Air Conditioning, Refrigeration, Heat Pumps), Refrigerant Type, and Region

The condensing unit market is projected to reach USD 35.7 billion by 2025 from USD 24.9 billion in 2019, at a CAGR of 8.5% between 2020 and 2025. The Asia Pacific is the largest consumer of condensing units, with China leading the regional market. Various end-use industries, such as retail stores, food production, and food services, etc., are expected to register healthy growth in the coming years in the Asia Pacific countries, which is expected to lead to the growth of the global condensing unit market.

The Middle East & Africa condensing unit market is expected to grow at the highest CAGR during the forecast period. The Middle East & African countries have substantial growth prospects for the condensing unit market because of the growing applications of refrigeration in various end-use industries such as chemicals & petrochemicals and plastics.

To know about the assumptions considered for the study download the pdf brochure

Emerson Electric Co. (US), Carrier Global Corporation (US), Heatcraft Refrigeration Products LLC (US), GEA Group Aktiengesellschaft (Germany), ADVANSOR A/S (Denmark), Voltas Limited (India), Baltimore Aircoil Company (US), and Danfoss (Denmark),  are recognized as the visionary leaders in the condensing unit market. These companies are focused on investing in plant capacity expansions. They also have the potential to broaden their product portfolios and compete with other key market players.

In March 2020, Baltimore Aircoil Company (BAC) expanded its line of TrilliumSeries Adiabatic Products. The expanded offerings include fluid cooler models for low-charge refrigeration applications and software enhancements for all models in order to optimize fan energy use based on system conditions. The new product launch further strengthens the position of BAC in the condensing unit market in the US.

In February 2020, Danfoss introduced a new product, Optyma iCO2, which is an outdoor CO2 condensing unit. It has a cooling capacity of 1.5 to 4.7kW (0.43 to 1.3TR) and is a plug-and-play stackable solution for medium-temperature applications such as in display cabinets, and to refrigerate cold rooms. The new product launch helped the company target a new segment of convenience stores with limited indoor space.

Request for Sample Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=622171

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Media Contact
Company Name: MarketsandMarkets
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/condensing-unit-market-622171.html