Press release
Transcritical Co2 Systems Market to 2023 – Growing High at 17.9% CAGR and Projected to Reach US$ 61.8 Billion
ReportsnReports always aims at offering their clients an in-depth analysis and the best research material of the various market. This new report on the global transcritical Co2 systems market is committed fulfilling the requirements of the clients by giving them thorough insights into the market. An exclusive data offered in this report is collected by research and industry experts team.
The Transcritical CO2 Systems Market is projected to reach US$ 61.8 Billion by 2023 from US$ 27.2 Billion in 2018, at a CAGR of 17.9% between 2018 and 2023. The major driving factors for the transcritical CO2 systems market are low environmental impact of transcritical CO2 systems, phasing out CFC, HCFC, and HFC refrigerants, increasing demand for refrigeration and air-conditioning applications, and lower operating cost of transcritical CO2 refrigeration systems.
Top Key Players in the “Transcritical Co2 Systems Market” include are
• Carrier Commercial Refrigeration (US)
• Green & Cool World Refrigeration AB (Sweden)
• Hillphoenix Inc. (US)
• Advansor (Denmark)
• Danfoss (Denmark)
• BITZER (Germany)
• Carnot Refrigeration (Canada)
• SCM Frigo S.p.A. (Italy)
• Emerson Climate Technologies (US)
• Baltimore Aircoil Company (US)
• Henry Technologies Inc. (US)
• Systemes LMP Inc. (Canada)
• Mayekawa Mfg. Co. Ltd. (Japan)
• Panasonic (Japan)
#Complete report on Transcritical Co2 Systems Market spread across 149 Pages, profiling 16 companies and supported with tables and figures. Buy Research at m https://www.reportsnreports.com/purchase.aspx?name=423096 .
Refrigeration systems account for more than 50% of the total electricity consumption in supermarkets. The use of transcritical CO₂ helps retailers reduce energy consumption by reducing the maintenance cost of refrigeration systems. Transcritical CO2 systems operate at higher pressures than other refrigeration systems.
The Europe transcritical CO2 systems market is projected to lead the transcritical CO2 systems market.
The transcritical CO2 systems market in Europe is expected to witness significant growth on account of the recent F-Gas regulations/HFC phase-out plan which dictates the reduction of use of HFC refrigerants by almost half by 2025. The region also houses the highest number of enduser entities, such as Tesco (UK) and Metro AG (Germany) that have already switched to refrigeration systems based on transcritical CO2 systems.
The Study Objectives of this report are:
• To strategically analyze micromarkets with respect to individual growth trends, prospects, and contribution to the total market
• To analyze the opportunities in the market for stakeholders and draw a competitive landscape of the market
• To define, describe, and forecast the global transcritical CO2 systems market based on function, application, and region
• To forecast the market size in terms of value with respect to main regions (along with countries), namely, Asia Pacific, North America, Europe, Middle East & Africa, and South America
• To analyze competitive developments, such as joint ventures, mergers & acquisitions, new product developments, and Research & Development (R&D) activities in the global transcritical CO2 systems market
#A Discount can be asked before order a copy of Transcritical Co2 Systems Market report at https://www.reportsnreports.com/contacts/discount.aspx?name=423096 .
Reason to buy this report:
The report provides insights on the following pointers:
• Market Penetration: Comprehensive information on transcritical CO2 systems offered by top players in the transcritical CO2 systems market
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the transcritical CO2 systems market
• Market Development: Comprehensive information about lucrative emerging markets –the report analyzes the markets for transcritical CO2 systemsacross regions
• Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the transcritical CO2 systems market
• Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the transcritical CO2 systems market
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