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Hermetic Reciprocating Refrigerator Compressor Market Share

Report ID: GMI5174
Published Date: Jan 2022
Report Format: PDF

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Hermetic Reciprocating Refrigerator Compressor Market Share

Leading participants operating in the market include :

Samsung
Jiaxipera
Godrej
Panasonic
TECUMSEH
Embraco
Kulthorn
Huayi
Secop GmbH
GMCC
Donper
Qianjiang
Siberia
Anoudan
Walton
Arcelik
Cubigel
Zanussi
Sikelan
Taizhou Meilile
Chunlan
Comptek, Inc.

These companies are constantly focusing on improving the energy efficiency of their products, value chain, and operations to address issues related to climate change, reducing costs, and bringing quality life to people.

Authors: Kiran Pulidindi, Hiralkumar Patel

Frequently Asked Questions (FAQ) :

Market size of hermetic reciprocating refrigerator compressor exceeded USD 11.3 billion in 2020 and is set to grow at a CAGR of 5.9% over 2021-2030 owing to the rising product application in cold chain logistics.

The fixed speed compressors surpassed USD 9 billion in 2020 and will exhibit a growth rate of 5.9% through 2030 driven by their ability to operate in a range of cooling capacities.

The 150-240 W segment is anticipated to cross USD 8 billion up to 2030 considering the soaring product usage in food services, pharmaceutical, as well as food & beverage industries.

Asia Pacific market size is expected to exceed USD 9 billion by 2030 given the surging refrigerator sales amid the COVID-19 pandemic.