Condensing Unit Market worth 32.47 Billion USD by 2022

1. Condensing Unit Market worth 23.31 Billion USD by 2021 The report "Condensing Unit Market by Type (Air-cooled Condensing Unit, Water-cooled Condensing Unit, Evaporative Condensing Unit), Application (Commercial, Industrial, Transportation), Region - Global Forecasts to 2021", The global condensing unit market is projected to reach USD 23.31 Billion by 2021, at a CAGR of 11.1% from 2016 to 2021. High demand for condensing units from the commercial refrigeration industry is expected to drive the growth of this market in the near future. Browse 110 market data tables and 39 figures spread through 146 pages and in-depth TOC on “Condensing Unit Market by Type (Air-cooled Condensing Unit, Water-cooled Condensing Unit, Evaporative Condensing Unit), Application (Commercial, Industrial, Transportation), Region - Global Forecasts to 2021” To Request for sample pages click here Early buyers will receive 10% customization on reports. Industrial refrigeration is the fastest-growing application segment of the global condensing unit market Industrial refrigeration is projected to be the fastest-growing application segment from 2016 to 2021. Growth in the construction and general manufacturing industries is also projected to drive the demand for condensing units. Air-cooled condensing unit was the largest segment of the condensing unit market Based on type, the condensing unit market has been segmented into air-cooled condensing unit, water-cooled condensing unit, and evaporative condensing unit. Air-cooled condensing unit was the largest segment of the market in 2015. The widespread commercial applications, low maintenance & installation cost, and rising water scarcity issues are the key factors driving the growth of the air-cooled condensing unit segment of the condensing unit market. Asia-Pacific was the largest market for global condensing unit market in 2015 Asia-Pacific was the largest market for condensing units in 2015. Growing industrialization and infrastructure development in the region offer enormous opportunities for the use of high-performance condensing units. The key growth driver of the market is the rising demand from the industrial refrigeration industry. Growth in the construction and general manufacturing industries is also projected to drive the demand for condensing units in this region. Key players operational in the condensing unit market include Emerson Electric Company, Carrier Commercial Refrigeration, Danfoss, GEA Group, Heatcraft Worldwide Refrigeration, BITZER Kühlmaschinenbau GmbH, and others. Download Full PDF Brochure Click Here The global condensing unit market is projected to grow from USD 12.48 Billion in 2015 to USD 23.31 Billion by 2021, at a CAGR of 11.1% between 2016 and 2021. The years considered for the study are:      Historical Year – 2014 Base Year – 2015 Estimated Year – 2016 Projected Year – 2021 Forecast Period – 2016 to 2021

2. For company profiles in the report, 2015 has been considered as the base year. In certain cases, wherein information is unavailable for the base year, the years prior to it have been considered. The objectives of this study are:   To define, describe, and forecast the condensing unit market based on type, application, and region To analyze and forecast the volume (thousand units) and value (USD billion) of the global condensing unit market To provide detailed information regarding the key factors influencing the growth of the market, such as drivers, restraints, and opportunities To strategically analyze micromarkets with respect to individual growth trends, future prospects, and contribution made to the overall market To analyze the opportunities in the market for stakeholders and draw a competitive landscape for market leaders To forecast the market size in terms of value with respect to five main regions (along with countries), namely, Asia-Pacific, Europe, North America, Middle East & Africa, and Latin America To strategically profile key players and comprehensively analyze their core competencies To analyze competitive developments, such as joint ventures, mergers & acquisitions, new product developments, and research & development activities (R&D) in the global condensing unit market       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 5000 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, 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, "RT" 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. Contact: Mr. Rohan MarketsandMarkets™ 701 Pike Street, Suite 2175, Seattle, WA 98101, United States 1-888-600-6441 Email: sales@marketsandmarkets.com