Fior Markets has launched a report namely Global Refrigerant Compressors Market Growth 2019-2024 which contains all analytical and statistical brief summary regarding market summary, growth, demand, and forecast analysis. The report covers its types, application, innovations, industry chain investigation and most recent market developments.
Refrigerant Compressors are driven fluid machines enhance a high-pressure gas from low-pressure gas. It is the heart of the refrigeration system. It sucked in from the suction pipe temperature low-pressure refrigerant gas, through motor driven piston compressor to exhaust high temperature and pressure refrigerant gas to provide power for the refrigeration cycle, in order to achieve compression → condensation (exothermic ) → expansion → evaporation (heat absorption) of the refrigeration cycle.
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Refrigerant Compressors industry concentration is very fragmented, manufacturers are mostly in the Asia Pacific and Europe. As for the sales market, China output accounted for more than 54.50% of the total output of global Refrigerant Compressors market in 2016. GMCC is the world leading manufacturer in global Refrigerant Compressors market with the market share of 15.64%, in terms of sales revenue, followed by Landa, Highly, Embraco and Panasonic.
With the increasing in production capacity, expected that the Refrigerant Compressors raw material price will be stable in the short term. However, the improvement of energy, transportation costs, and labor costs, will play a significant role in promoting the cost of Refrigerant Compressors.
The average price of Refrigerant Compressors will fall further. The product average price declined in the past few years due to the technology development, the average price will keep this trend in the few future years due to increasing mature manufacturing technology and cost of raw materials.
According to this study, over the next five years the Refrigerant Compressors market will register a 0.9% CAGR in terms of revenue, the global market size will reach US$ 12400 million by 2024, from US$ 11900 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Refrigerant Compressors business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Refrigerant Compressors market by product type, application, key manufacturers and key regions and countries.
The factors relevant to the contenders in the market includes business synopsis, product/service contributions, manufacturing capacity, process, income details, SWOT analysis, new product launches, partnership, and acquisitions. The detailed segmentation by players, product type, application, and regions. Additionally, industry growth analysis and futuristic cost, revenue, demand and supply data have also been covered in the report. Major companies covered in the market report are: GMCC, Landa, Highly, Embraco, Panasonic, LG, RECHI Group, Samsung, Johnson Controls-Hitachi, Emerson, Secop, Tecumseh, FISCHER, Carlyle Compressors, FRASCOLD, Bitzer, Hanbell, Fusheng Industrial, GEA Bock
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