Some of the key refrigerant compressors market participants include ;
Emerson
Gree Electric Appliances, Inc
Huayi Compressor Barcelona S.L
Secop GmbH
Italia Wanbao-ACC S.r.l
LG Electronics
Johnson Controls
Kirloskar Pneumatic Company Limited
Embraco
Daikin Industries, Ltd
Hitachi Ltd
Mitsubishi Electric Corporation
Authors:
Kiran Pulidindi
Frequently Asked Questions (FAQ) :
The market size of refrigerant compressors valued at USD 61.8 billion in 2020 and is anticipated to strike a 4.8% CAGR through 2027, says this GMI report.
Positive displacement compressors segment is expected to touch more than USD 65 billion by 2027.
Domestic applications are poised to record over 35% of the market share up to 2027 due to higher usage in products like air conditioners, and deep freezers.
The Asia Pacific market is expected to exceed USD 20 billion by 2027 driven by surging requirements for ACs, refrigerators, biomedical refrigerators, and cold storage facilities.