CHICAGO, July 7, 2022 /PRNewswire/ — According to the new market research report “Condensing Unit Market by Type (Air-cooled, Water-cooled), Application (Industrial, Commercial, Transportation), Function (Air Conditioning, Refrigeration, Heat Pumps), Refrigerant Type, Compressor Type and Region – Global Forecast to 2027″, published by MarketsandMarkets™, the Condensing Unit Market is projected to grow from USD 39.0 billion in 2022 to USD 57.1 billion by 2027, at a CAGR of 7.9% from 2022 to 2027. Growing cold chain infrastructure in emerging countries such as India, China, and Indonesia due to increase in online grocery market along with growing preference towards packaged food, growing data center market globally, expansion in supermarket and hypermarket chain, increasing footprint of convenience and proximity stores are the key drivers for growth in the condensing unit market.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=622171
Browse in-depth TOC on “Condensing Unit Market“
280 – Tables
52 – Figures
240 – Pages
View Detailed Table of Content Here: https://www.marketsandmarkets.com/Market-Reports/condensing-unit-market-622171.html
By type, the air-cooled condensing unit segment accounted for the largest market share in 2021, in terms of value.
Growing industrialization and urbanization offer significant opportunities for the use of high-performance air-cooled condensing units in the Asia Pacific region. Other major factors…
