Press release
Refrigerant Compressors Market to Witness Robust Expansion by 2023
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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Global Refrigerant Compressors Market: Forecast by Type / Application / Region
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.
Over the next five years, LPI(LP Information) projects that Refrigerant Compressors will register a 0.9% CAGR in terms of revenue, reach US$ 12400 million by 2023, from US$ 11900 million in 2017.
Global Refrigerant Compressors Market: Key Players
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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Related Information:
United States Refrigerant Compressors Market Research Report 2018
Europe Refrigerant Compressors Market Research Report 2018
North America Refrigerant Compressors Market Research Report 2018
Asia-Pacific Refrigerant Compressors Market Research Report 2018
China Refrigerant Compressors Market Research Report 2018
EMEA Refrigerant Compressors Market Research Report 2018
Global Refrigerant Compressors Market Research Report 2018
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