Press release
Condensers Market Forecast 2024-2033 - Major Trends, Segments And Fastest Growing Regions | ABB Ltd., Siemens AG, General Electric Company, Eaton Corporation plc, Voith Group, Fuji Electric Co. Ltd., WEG S.A
Condensers Global Market Report 2024
As per the report, the condensers market size has grown strongly in recent years. It will grow from $99.78 billion in 2023 to $107.32 billion in 2024 at a compound annual growth rate (CAGR) of 7.5%. The condensers market size is expected to see strong growth in the next few years. It will grow to $146.21 billion in 2028 at a compound annual growth rate (CAGR) of 8.0%.
Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=3688&type=smp
Renewable Energy Demand Fuels Growth In The Condensers Market
The growing demand for renewable energy generation is a major factor contributing to the growth of the condensers market. Synchronous condensers (SCs) generate reactive power and are a helpful way to stabilize the energy provided by renewable resources. The network operators and developers of renewable energy are gradually turning to synchronous condensers to offer incremental short-circuit capacity to reinforce their grid. For instance, in September 2023, according to the Energy Information Administration, a US-based government agency, renewable energy sources accounted for about 13.1% of total US primary energy consumption and about 21.5% of total utility-scale electricity generation in 2022. . Therefore, the growing demand for renewable energy generation is expected to drive the growth of the condensers market over the forecast period.
AI-Enhanced Air Conditioning Systems Boosts Condenser Market
The integration of AI in the air conditioner is shaping the condensers market. Major companies operating in the air conditioning sector are implementing AI technology to increase their performance. For instance, in September 2023, LG has developed AI-based air conditioners that use sensors to deliver clear airflow to indoor environments while managing comfortable temperatures and humidity levels. The AI-based air conditioners have sensors that help deliver clear airflow to indoor environments, ensuring optimal air distribution and quality. r.
The condensers market covered in this report is segmented -
1) By Product Type: New, Refurbished
2) By Cooling Type: Air-Cooled, Evaporative, Water-Cooled
3) By Application: Industrial, Commercial, Transportation
Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=3688&type=discount
Major companies operating in the condensers market include ABB Ltd., Siemens AG, General Electric Company, Eaton Corporation plc, Voith Group, Fuji Electric Co. Ltd., WEG S.A., Brush Group, Mitsubishi Electric Corporation, Electro-Mechanical Engineering Associates Inc., Ideal Electric Company, Ansaldo Energia S.p.A., Hyundai Ideal Electric Co. Ltd., Sustainable Power Systems Inc., Toshiba Corporation, Power Systems & Controls Inc., Andritz AG, LG Electronics Inc., Midea Group Co. Ltd., Nippon Chemi-Con Corporation, Nortek Global HVAC LLC, QVF Manufacturer LLC, Rheem Manufacturing Company, Samsung Electronics Co. Ltd., Tokyo Electric Chemical Industry Co. Ltd., Trane Technologies plc, United Technologies Corporation, Vishay Intertechnology Inc., York International Corporation, Zhejiang Weixing Industrial Development Co. Ltd.
Contents of the report:
1. Executive Summary
2. Condensers Market Report Structure
3. Condensers Market Trends And Strategies
4. Condensers Market - Macro Economic Scenario
5. Condensers Market Size And Growth
…..
27. Condensers Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/condensers-global-market-report
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ "
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Condensers Market Forecast 2024-2033 - Major Trends, Segments And Fastest Growing Regions | ABB Ltd., Siemens AG, General Electric Company, Eaton Corporation plc, Voith Group, Fuji Electric Co. Ltd., WEG S.A here
News-ID: 3615899 • Views: …
More Releases from The Business Research Company
Comprehensive Insights Into The Global Electric Bikes And Scooters Market: Key G …
The electric bikes and scooters report outlines and analyzes the electric bikes and scooters (excluding e-mopeds or 2-wheelers) market, covering the historic period 2019-2024 and the forecast period 2024-2029 and 2034F. The study examines the market across all regions and major regional economies.
The global electric bikes and scooters (excluding e-mopeds or 2 wheelers) market was valued at approximately $43.09310 billion in 2024, reflecting a CAGR of 12.12% since 2019. The…
Geothermal Heat Pump Market Report 2025: Size, Trends, and Key Growth Insights f …
The geothermal heat pump report outlines and analyzes the geothermal heat pump market, covering 2019-2024 as the historic period and 2024-2029, 2034F as the forecast period. The report examines the market across every region and assesses major economies within each region.
The global geothermal heat pump market reached $4.40620 billion in 2024, increasing at a CAGR of 5.70% since 2019. The market is projected to grow from $4.40620 billion in 2024…
Major Growth Driver Identified in 2025 VFX In Advertising Market: The Rise Of So …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
VFX In Advertising Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
Over the past several years, the market size of vfx in advertising has seen robust growth. It is expected to expand from $2.8 billion in 2024 to a staggering $3.03 billion in 2025, exhibiting…
Driving Web Content, Search Portals And Social Media Market Growth in 2025: The …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Web Content, Search Portals And Social Media Market Size Growth Forecast: What to Expect by 2025?
The market size for web content, search portals, and social media has seen quick expansion in the past few years. It's projected to expand from $682.14 billion in 2024 to $768.29 billion in…
More Releases for Condenser
Automotive Condenser Market Revenues by 2025-2034
The global automotive condenser market size was valued at USD 9.57 billion in 2020 and is projected to reach USD 14.49 billion by 2029, with a CAGR of 4.72% from 2022 to 2029
On April 25, 2025, Exactitude Consultancy., Ltd. released a research report offers a comprehensive examination of the various processes and materials used in the production of Automotive Condenser market goods. The market study excludes key regions that are…
Global Condenser Expander Market Research Report 2023-2029
Global Leading Market Research Publisher QYResearch announces the release of its lastest report "Global Condenser Expander Market Report, History and Forecast 2018-2029, Breakdown Data by Manufacturers, Key Regions, Types and Application". Based on historical analysis (2018-2022) and forecast calculations (2023-2029), this report provides a comprehensive analysis of the global Condenser Expander market, including market size, share, demand, industry development status, and forecasts for the next few years. Provides advanced statistics…
Synchronous Condenser Market Technology Analysis - 2030
A synchronous condenser, also known as a synchronous compensator or synchronous capacitor, is a type of electrical device used in power systems to provide reactive power support and voltage stability. It is a rotating machine similar to a synchronous motor but operates without a mechanical load. Instead of converting electrical energy into mechanical energy, a synchronous condenser absorbs or generates reactive power to maintain the required voltage levels and stabilize…
Synchronous Condenser Market Overview, Segmentation & Forecast To 2030
The synchronous condenser market size was valued at $568.9 million in 2020, and is projected to reach $751.0 million by 2030, growing at a CAGR of 2.8% from 2021 to 2030.
A synchronous condenser is a device that can regulate voltage and improve the stability of a power grid. It is a type of synchronous motor that operates without a mechanical load, meaning it does not produce any useful work like…
Synchronous Condenser Market 2021 | Detailed Report
Global Synchronous Condenser Market 2021-2027, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market. An exclusive data offered in this report is collected by research and industry experts team.
Get Free Sample PDF (including full TOC, Tables and Figures)…
Condenser Microphones Market Size, Share, Development by 2024
LP INFORMATION offers a latest published report on Condenser Microphones Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report.
According to this study, over the next five years the Condenser Microphones market will register a 2.5% CAGR in terms of revenue, the global market size will reach US$ 1069.9 million by 2024, from US$ 970.5 million in 2019. In particular,…
