Short Description
Europe Condensing Unit Market, By Type (Air-Cooled Condensing Unit, Water Cooled Condensing Unit and Evaporative Condensing Unit), Function (Air Conditioning, Heat Pump, Refrigeration And Others), Refrigerant Type (Fluorocarbons, Hydrocarbons, Inorganics And Others ), Compressor Technology (Reciprocating, Hermetic, Semi-Hermetic, Open, Rotary, Scroll, Rotary Vane, Screw, Centrifugal and Others), Application (High Temperature, Medium Temperature and Low Temperature), End User (Residential, Commercial and Industrial), Country (Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, and Rest Of Europe) Industry Trends and Forecast To 2029
Market Definition:
The temperature control devices are used to condense material from its gaseous state to a liquid state by cooling which is known as the condensing unit. This machine may either be a heat pump or an air conditioning unit. For condensation purposes, condensing systems are primarily used in refrigerators, air conditioners, heat pumps, and chillers. It consists of three major components namely, compressor, fan, and condensing coil. They move energy in the form of heat by compressing a gas known as a "refrigerant," then pumping it through a system of coils and using the air around the coils to heat and cool spaces. Electronic controls, fans, pumps, and coils manage the condenser's work.
Market Segmentation:
The condensing unit market is segmented into six notable segments which are type, function, refrigerant type, compressor technology, application and end user.
On the basis of type, the condensing unit market is segmented into the air-cooled condensing unit, water cooled condensing unit and evaporative condensing unit
On the basis of function, the condensing unit market is segmented into the air conditioning, heat pump, refrigeration, and others
On the basis of refrigerant type, the condensing unit market is segmented into the fluorocarbons, hydrocarbons, inorganics and others
On the basis of compressor technology, the condensing unit market is segmented into reciprocating, hermetic, semi-hermetic, open, rotary, scroll, rotary vane, screw, centrifugal and others
On the basis of application, the condensing unit market is segmented into the high temperature, medium temperature and low temperature
On the basis of end user, the condensing unit market is segmented into the residential, commercial and industrial
Market Players
The key market players for condensing unit market are listed below:
Emerson Electric Co.
Carrier
Danfoss
Heatcraft Worldwide Refrigeration
BITZER Khlmaschinenbau GmbH
Dorin S.p.A.
FRASCOLD SPA
FreezeIndia
Howe Corporation
Hussmann Corporation
DAIKIN INDUSTRIES, Ltd.
Blue Star Limited.
MTA S.p.A.
National Comfort Products.
SCM Frigo S.p.A.
GEA Group Aktiengesellschaft
Tecumseh Products Company
Prijai Heat Exchangers Pvt. Ltd.
KeepRite Refrigeration
Voltas, Inc.
TABLE OF CONTENTS
1 INTRODUCTION 40
1.1 OBJECTIVES OF THE STUDY 40
1.2 MARKET DEFINITION 40
1.3 OVERVIEW OF EUROPE CONDENSING UNIT MARKET 40
1.4 LIMITATIONS 42
1.5 MARKETS COVERED 42
2 MARKET SEGMENTATION 45
2.1 MARKETS COVERED 45
2.2 GEOGRAPHICAL SCOPE 46
2.3 YEARS CONSIDERED FOR THE STUDY 47
2.4 CURRENCY AND PRICING 47
2.5 DBMR TRIPOD DATA VALIDATION MODEL 48
2.6 MULTIVARIATE MODELLING 51
2.7 TYPE LIFELINE CURVE 51
2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 52
2.9 DBMR MARKET POSITION GRID 53
2.10 VENDOR SHARE ANALYSIS 54
2.11 SECONDARY SOURCES 55
2.12 ASSUMPTIONS 55
3 EXECUTIVE SUMMARY 56
4 PREMIUM INSIGHTS 60
5 EUROPE CONDENSING UNIT MARKET, BY REGION 61
5.1 OVERVIEW 61
5.2 MIDDLE EAST AND AFRICA 61
5.3 SOUTH AMERICA 61
5.4 EUROPE 62
5.5 ASIA-PACIFIC 62
5.6 NORTH AMERICA 62
6 MARKET OVERVIEW 63
6.1 DRIVERS 65
6.1.1 GROWING USAGE OF REFRIGERATION IN VARIOUS END-USER INDUSTRIES 65
6.1.2 INCREASING DEMAND FOR HEAT PUMPS TO REDUCE CARBON FOOTPRINTS 65
6.1.3 RISING DEMAND FOR DISTRICT COOLING IN WARMER CLIMATIC CONDITIONS 67
6.1.4 TECHNICAL ADVANCEMENTS IN CONDENSING UNIT 68
6.1.5 HIGH DURABILITY AND LONG LIFE OF ADVANCED CONDENSING UNIT 69
6.2 RESTRAINTS 69
6.2.1 HARMFUL EFFECTS OF CHLOROFLUOROCARBON (CFC) AND AMMONIA REFRIGERANT ON ENVIRONMENT AND HUMAN HEALTH 69
6.2.2 STRICT ENVIRONMENT REGULATIONS AGAINST HARMFUL GASES 70
6.3 OPPORTUNITIES 71
6.3.1 GOVERNMENT INITIATIVES TOWARD ENERGY EFFICIENT APPLIANCE 71
6.3.2 STRATEGIC DECISIONS BY KEY PLAYERS 71
6.3.3 GROWING USE OF NATURAL REFRIGERANT 72
6.4 CHALLENGES 73
6.4.1 HIGH REPAIR AND MAINTENANCE COST 73
6.4.2 TECHNICAL ERRORS IN CONDENSING UNIT 74
7 COVID-19 IMPACT ON THE EUROPE CONDENSING UNIT MARKET 75
7.1 AFTERMATH OF COVID-19 AND GOVERNMENT INITIATIVES TO BOOST THE CONDENSING UNIT MARKET 75
7.2 STRATEGIC DECISIONS FOR MANUFACTURERS AFTER COVID-19 TO GAIN COMPETITIVE MARKET SHARE 75
7.3 IMPACT ON PRICE 76
7.4 IMPACT ON DEMAND 76
7.5 IMPACT ON SUPPLY CHAIN 76
7.6 CONCLUSION 77
8 EUROPE CONDENSING UNIT MARKET, BY TYPE 78
8.1 OVERVIEW 79
8.2 AIR-COOLED CONDENSING UNIT 80
8.2.1 FORCED CONVENTION 81
8.2.2 NATURAL CONVENTION 81
8.3 WATER COOLED CONDENSING UNIT 81
8.3.1 SHELL AND TUBE 82
8.3.2 SHELL AND COIL 82
8.3.3 DOUBLE PIPE OR TUBE-IN-TYPE 82
8.4 EVAPORATIVE CONDENSING UNIT 82
9 EUROPE CONDENSING UNIT MARKET, BY FUNCTION 84
9.1 OVERVIEW 85
9.2 AIR CONDITIONING 86
9.3 REFRIGERATION 86
9.4 HEAT PUMPS 87
9.5 OTHERS 88
10 EUROPE CONDENSING UNIT MARKET, BY REFRIGERENT TYPE 89
10.1 OVERVIEW 90
10.2 FLUOROCARBONS 91
10.2.1 HCFCS 92
10.2.2 HFCS 92
10.2.3 HFOS 92
10.3 INORGANICS 92
10.3.1 AMMONIA 93
10.3.2 CO2 93
10.4 HYDROCARBONS 93
10.4.1 PROPANE 94
10.4.2 ISOBUTANE 94
10.4.3 OTHERS 94
10.5 OTHERS 94
11 EUROPE CONDENSING UNIT MARKET, BY COMPRESSOR TECHNOLOGY 96
11.1 OVERVIEW 97
11.2 RECIPROCATING 98
11.3 SEMI-HERMETIC 99
11.4 HERMETIC 99
11.5 SCROLL 100
11.6 SCREW 100
11.7 CENTRIFUGAL 101
11.8 ROTARY VANE 101
11.9 ROTARY 102
11.10 OPEN 102
11.11 OTHERS 103
12 EUROPE CONDENSING UNIT MARKET, BY APPLICATION 104
12.1 OVERVIEW 105
12.2 HIGH TEMPERATURE 106
12.3 MEDIUM TEMPERATURE 106
12.4 LOW TEMPERATURE 107
13 EUROPE CONDENSING UNIT MARKET, BY END USER 108
13.1 OVERVIEW 109
13.2 INDUSTRIAL 110
13.2.1 INDUSTRIAL, BY END USER 110
13.2.1.1 FOOD & BEVERAGE 111
13.2.1.2 DATACENTERS 111
13.2.1.3 OIL & GAS 111
13.2.1.4 CHEMICAL 111
13.2.1.5 PHARMACEUTICAL 111
13.2.1.6 DISTRICT COOLING 111
13.2.1.7 OTHERS 111
13.2.2 INDUSTRIAL, BY TYPE 111
13.2.2.1 AIR-COOLED CONDENSING UNIT 112
13.2.2.2 WATER COOLED CONDENSING UNIT 112
13.2.2.3 EVAPORATIVE CONDENSING UNIT 112
13.3 COMMERCIAL 112
13.3.1 COMMERCIAL, BY END USER 113
13.3.1.1 COLD STORAGE 113
13.3.1.2 COUNTER REFRIGERATORS 113
13.3.1.3 RETAIL STORES 114
13.3.1.4 HOSPITALITY 114
13.3.2 COMMERCIAL, BY TYPE 114
13.3.2.1 AIR-COOLED CONDENSING UNIT 114
13.3.2.2 WATER COOLED CONDENSING UNIT 114
13.3.2.3 EVAPORATIVE CONDENSING UNIT 114
13.4 RESIDENTIAL 114
13.4.1 RESIDENTIAL, BY TYPE 115
13.4.1.1 AIR-COOLED CONDENSING UNIT 115
13.4.1.2 WATER COOLED CONDENSING UNIT 115
13.4.1.3 EVAPORATIVE CONDENSING UNIT 115
14 EUROPE CONDENSING UNIT MARKET, BY REGION 116
14.1 EUROPE 117
14.1.1 GERMANY 126
14.1.2 FRANCE 129
14.1.3 U.K. 133
14.1.4 ITALY 138
14.1.5 SPAIN 142
14.1.6 SWITZERLAND 146
14.1.7 NETHERLANDS 150
14.1.8 RUSSIA 154
14.1.9 TURKEY 158
14.1.10 BELGIUM 162
14.1.11 REST OF EUROPE 166
15 EUROPE CONDENSING UNIT MARKET: COMPANY LANDSCAPE 167
15.1 COMPANY SHARE ANALYSIS: EUROPE 167
16 SWOT ANALYSIS 168
17 COMPANY PROFILE 169
17.1 CARRIER 169
17.1.1 COMPANY SNAPSHOT 169
17.1.2 REVENUE ANALYSIS 169
17.1.3 COMPANY SHARE ANALYSIS 170
17.1.4 PRODUCT PORTFOLIO 170
17.1.5 RECENT DEVELOPMENT 170
17.2 EMERSON ELECTRIC CO. 171
17.2.1 COMPANY SNAPSHOT 171
17.2.2 REVENUE ANALYSIS 171
17.2.3 COMPANY SHARE ANALYSIS 172
17.2.4 PRODUCT PORTFOLIO 172
17.2.5 RECENT DEVELOPMENTS 173
17.3 DANFOSS 174
17.3.1 COMPANY SNAPSHOT 174
17.3.2 REVENUE ANALYSIS 174
17.3.3 COMPANY SHARE ANALYSIS 175
17.3.4 PRODUCT PORTFOLIO 175
17.3.5 RECENT DEVELOPMENTS 175
17.4 BLUE STAR LIMITED 176
17.4.1 COMPANY SNAPSHOT 176
17.4.2 REVENUEANALYSIS 176
17.4.3 COMPANY SHARE ANALYSIS 177
17.4.4 PRODUCT PORTFOLIO 177
17.4.5 RECENT DEVELOPMENT 177
17.5 GEA GROUP AKTIENGESELLSCHAFT 178
17.5.1 COMPANY SNAPSHOT 178
17.5.2 REVENUE ANALYSIS 178
17.5.3 COMPANY SHARE ANALYSIS 179
17.5.4 PRODUCT PORTFOLIO 179
17.5.5 RECENT DEVELOPMENT 179
17.6 BITZER KHLMASCHINENBAU GMBH 180
17.6.1 COMPANY SNAPSHOT 180
17.6.2 PRODUCT PORTFOLIO 180
17.6.3 RECENT DEVELOPMENTS 181
17.7 DAIKIN INDUSTRIES, LTD. 182
17.7.1 COMPANY SNAPSHOT 182
17.7.2 REVENUEANALYSIS 182
17.7.3 PRODUCT PORTFOLIO 183
17.7.4 RECENT DEVELOPMENTS 183
17.8 DORIN S.P.A. 184
17.8.1 COMPANY SNAPSHOT 184
17.8.2 PRODUCT PORTFOLIO 184
17.8.3 RECENT DEVELOPMENT 184
17.9 FRASCOLD SPA 185
17.9.1 COMPANY SNAPSHOT 185
17.9.2 PRODUCT PORTFOLIO 185
17.9.3 RECENT DEVELOPMENT 185
17.10 FREEZEINDIA 186
17.10.1 COMPANY SNAPSHOT 186
17.10.2 PRODUCT PORTFOLIO 186
17.10.3 RECENT DEVELOPMENT 186
17.11 HEATCRAFT WORLDWIDE REFRIGERATION 187
17.11.1 COMPANY SNAPSHOT 187
17.11.2 PRODUCT PORTFOLIO 187
17.11.3 RECENT DEVELOPMENT 187
17.12 HOWE CORPORATION 188
17.12.1 COMPANY SNAPSHOT 188
17.12.2 PRODUCT PORTFOLIO 188
17.12.3 RECENT DEVELOPMENT 188
17.13 HUSSMANN CORPORATION 189
17.13.1 COMPANY SNAPSHOT 189
17.13.2 PRODUCT PORTFOLIO 189
17.13.3 RECENT DEVELOPMENT 189
17.14 KEEPRITE REFRIGERATION 190
17.14.1 COMPANY SNAPSHOT 190
17.14.2 PRODUCT PORTFOLIO 190
17.14.3 RECENT DEVELOPMENT 191
17.15 MTA S.P.A. 192
17.15.1 COMPANY SNAPSHOT 192
17.15.2 PRODUCT PORTFOLIO 192
17.15.3 RECENT DEVELOPMENT 192
17.16 NATIONAL COMFORT PRODUCTS 193
17.16.1 COMPANY SNAPSHOT 193
17.16.2 PRODUCT PORTFOLIO 193
17.16.3 RECENT DEVELOPMENT 193
17.17 PRIJAI HEAT EXCHANGERS PVT. LTD. 194
17.17.1 COMPANY SNAPSHOT 194
17.17.2 PRODUCT PORTFOLIO 194
17.17.3 RECENT DEVELOPMENT 194
17.18 SCM FRIGO S.P.A. 195
17.18.1 COMPANY SNAPSHOT 195
17.18.2 PRODUCT PORTFOLIO 195
17.18.3 RECENT DEVELOPMENT 195
17.19 TECUMSEH PRODUCTS COMPANY 196
17.19.1 COMPANY SNAPSHOT 196
17.19.2 PRODUCT PORTFOLIO 196
17.19.3 RECENT DEVELOPMENTS 196
17.20 VOLTAS, INC. 197
17.20.1 COMPANY SNAPSHOT 197
17.20.2 REVENUE ANALYSIS 197
17.20.3 PRODUCT PORTFOLIO 198
17.20.4 RECENT DEVELOPMENT 198
18 QUESTIONNAIRE 199
19 RELATED REPORTS 202