Global Transcritical CO2 Systems Market: Global Industry, Size, Share, Growth, Trends and Forecast, 2019–2029 August 2019
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Report Snippet
Chapter 1 : Table of Contents
Chapter 2: Market Purview
Chapter 3: Market Dynamics
Chapter 4: Global Transcritical CO2 Systems Market, By Function
Chapter 5: Global Transcritical CO2 Systems Market, By Application
Chapter 6: Global Transcritical CO2 Systems Market, By Region
Chapter 7: Competitive Analysis
Chapter 8: Company Profiles
Chapter 9: Research Methodology
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Market Segmentation Global Transcritical CO2 Systems Market
By Function Refrigeration Heating Air Conditioning
By Application
By Region
Supermarkets and Convenience Stores Heat Pumps Food Processing & Storage Facilities Ice Skating Rinks Others (Hotels, Buildings, and Water Treatment Plants)
North America Europe Asia Pacific Latin America Middle East & Africa
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Report Description Report Description Global Transcritical CO2 systems market was valued above US$ 25 Bn in 2018 and is expected to show lucrative growth over the forecast period (2019-2029). Low environmental impact of transcritical CO2 systems is a major factor driving the growth of the global transcritical CO 2 systems market. In addition, phasing out of CFC, HCFC, and HFC refrigerants across the globe is another factor expected to boost the global market growth in the near future. Increasing demand for refrigeration and air-conditioning applications worldwide are other factors propelling growth of the global market. Transcritical CO2 refrigeration has high safety rating and is non-toxic and non-flammable due to which there is hike in their demand. This is supporting growth of the global market. The beneficial properties of the product offers enormous advantages in terms of functionality. This is another factor expected to drive demand for global transcritical CO 2 market in the upcoming years. However, high cost of their production and high initial cost of installment are expected to hamper the growth of the target market to a certain extent. The global market is segmented into function, application, and region. On the basis of function, the global market is sub-divided into refrigeration, heating, and air conditioning. On the basis of application, the target market is bifurcated into supermarkets and convenience stores, heat pumps, food processing & storage facilities, and ice skating rinks. North America transcritical CO 2 system market accounted for highest share in terms of revenue. Asia Pacific is expected to witness the significant growth in the target market owing to rising awareness of environmental issues and various stringent government policies. Key players operating in the global market are Shecco SPRL, Mayekawa MSG. Co., Ltd., Systems LMP, Inc., Henry Technologies, Inc., Baltimore Aircoil Company, Inc., Advansor A/S, Danfoss GmbH, Bitzer Kühlmaschinenbau GmbH, SCM Frigo SPA, and Emerson Climate Technologies. Source: Prophecy Market Insights Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
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Executive Summary (1/3) Table 2.1: Global Transcritical CO2 Systems Market Overview Parameters Global Transcritical CO2 Systems Market Value (US$ Mn) Function Segment with Largest Value (US$ Mn) Function Segment with Highest CAGR (%)-2019-2029 Application Segment with Largest Value (US$ Mn) Application Segment with Highest CAGR (%)-2019-2029 Region with Largest Value (US$ Mn) Region with Highest CAGR (%)-2019-2029 Key Market Players:
2019 (E)
2029 (F)
XXX.X
XXX.X
Refrigeration: XXX.X
Refrigeration: XXX.X
Refrigeration: CAGR- XX.X Supermarkets and Convenience Stores: XXX.X
Supermarkets and Convenience Stores: XXX.X
Supermarkets and Convenience Stores: CAGR- XX.X Asia Pacific : XXX.X
Asia Pacific : XXX.X
Asia Pacific : CAGR- XX.X Shecco SPRL, Mayekawa MSG. Co., Ltd., Systems LMP, Inc., Henry Technologies, Inc., Baltimore Aircoil Company, Inc., Advansor A/S, Danfoss GmbH, Bitzer Kühlmaschinenbau GmbH, SCM Frigo SPA, and Emerson Climate Technologies.
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Executive Summary (2/3) Description
Figure 2.1: Global Transcritical CO2 Systems Market Value Share (%), By Function – 2019 (E)
Low environmental impact of transcritical CO 2 systems is the major factor driving growth of the global transcritical CO2 market
XX.X%
Refrigeration Heating Air Conditi oning
Analysis By function, the ABC segment is accounted for major value share XX.X% in 2019. The XYZ segment is accounted for the second highest value share XX.X% in 2019 in the target market.
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