North America Transcritical CO2 Market is estimated to grow at a CAGR of 18.2% from 2023 to 2030

Supermarkets and convenience stores often face consumer scrutiny regarding their environmental impact and sustainability practices. Adopting transcritical CO2 systems allows retailers to showcase their commitment to sustainability and environmental responsibility, improving their brand image and attracting eco-conscious consumers. Consumer demand for environmentally friendly products and services has been increasing, and retailers that embrace transcritical CO2 systems can differentiate themselves in the market and gain a competitive advantage. Moreover, transcritical CO2 systems offer operational flexibility and adaptability to varying ambient conditions. They can effectively operate in both subcritical and transcritical modes, allowing for optimal performance in different climates. The transcritical CO2 system design can be tailored to meet the specific needs of supermarkets and convenience stores, such as different refrigeration loads, store layouts, and product display requirements. The flexibility and customization options of transcritical CO2 systems make them suitable for these retail environments. Thus, all such advantages of transcritical CO2 systems are driving the market further.

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North America Transcritical CO2 Market Segmentation

The North America transcritical CO2 market is segmented into application, function, and country.

Based on application, the North America transcritical CO2 market is segmented into ice skating rinks, food processing & storage facilities, heat pumps, supermarkets & convenience stores, and others. The supermarkets and convenience stores segment held the largest share of the North America transcritical CO2 market in 2023.

Based on function, the North America transcritical CO2 market is segmented into air conditioning, refrigeration, and heating. The refrigeration segment held the largest share of the North America transcritical CO2 market in 2023.

Based on country, the North America transcritical CO2 market is segmented into the US, Canada, and Mexico. The US dominated the North America transcritical CO2 market in 2023.

Baltimore Aircoil Co, BITZER Kuhlmaschinenbau GmbH, Carrier Global Corp, Danfoss AS, Hussmann Corp, Panasonic Holdings Corp, Evapco LMP Inc, and Mayekawa Manufacturing Co Ltd are some of the leading companies operating in the North America transcritical CO2 market.

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