Refrigerating Compressors Market Revenue, Price and Growth 2016-2021

Global Refrigerating Compressors Market is segmented on the basis of compressor, application, refrigerant used, end users, and region. Compressors are amongst the most important parts of the refrigeration cycle. The compressor does compress the refrigerant that flows to the condenser, where it gets cooled. It then moves to the expansion valve, and it is finally sucked by the compressor once again.To ensure proper functioning of the refrigeration cycle, the refrigerant needs to be compressed to the pressure pertaining to the saturation temperature much higher than the naturally available air’s or water’s temperature. It is the vital function performed by the compressor.

Compression of refrigerant to the suitable pressure does ensure its proper circulation and condensation all through the cycle. The capacity of the refrigeration or air conditioning depends completely on the capacity of the compressor.

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Refrigerating Compressors Market is classified, by compressor into Reciprocating compressor, Screw compressor, Centrifugal compressor, Rotary compressor, Scroll Compressor, Others. Reciprocating Compressor, also called piston compressor, uses a cylinder and piston arrangement for providing compressive force just like piston pumps or combustion engines.

The piston’s reciprocating motion due to external power does compress the refrigerant inside the cylinder. Rotary Compressor has two rotating elements, like gears between which the refrigerant is compressed. These compressors are very efficient because the actions of taking in refrigerant and compressing refrigerant occur simultaneously. Screw Compressor uses a pair of helical rotors or screws that mesh together for compressing the refrigerant between them. They could produce high pressure for a petite quantity of gas and consume less power as compared to reciprocating compressors.

Scroll Compressor uses two offset disks nested together to compress the refrigerant. The upper disk is stationery while the lower disk moves in orbital fashion. These are smooth operating units with few moving parts and the highest efficiency ratio of all compressors types. Refrigerating Compressors Market is classified, by refrigerant used into CO2, R290, R410A, and others. Refrigerating Compressors Market is classified, by application into Domestic, and Commercial. Commercial refrigerators are mainly used to store food, and retailing purposes.

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These refrigerators do contain a remote condensing unit. With rising processed and frozen food consumption at the global level, the refrigeration compressor market is expected to grow at a rapid pace. Refrigerating Compressors Market is classified, by end users into Food and Beverages, Logistics and transportation, Chemical, Pharmaceutical, Automobile, and others.

Refrigeration systems are broadly used in the transportation industry for moving perishable food items from one place to another. As the demand for frozen foods, packed foods is increasing rapidly, the refrigeration compressor market is undergoing rapid growth in the transportation industry.The pharmaceutical industry also needs highly advanced refrigeration systems for the process of cooling certain raw materials, finished and semi-finished products. As the pharmaceutical industry is experiencing vertical growth, the demand for refrigeration compressors is expected to increase.

Refrigerating Compressors Market is segmented, geographically into North America, Europe (Eastern Europe, Western Europe), Asia Pacific, Latin America, Middle East and Africa. Asia Pacific market is growing at fastest pace and is expected to lead the Refrigerating Compressors Market over the forecast period. This is mainly due to high investment in commercial applications by refrigeration equipment vendors. Moreover, presence of high growth economies like India and China is the key to the dominance of the Refrigerating Compressors Industry in this region. Also, the increasing purchasing power in the region is supported by the rise in the rate of urbanization in developing countries.

Refrigerating Compressors Industry key players are Bitzer SE, Emerson Electric Co., Dorin S.p.A., Embraco, Mitsubishi Electric Corporation, Frascold SpA, GMCC Company, Fusheng Co. Ltd., Hanbell Precise Machinery Co. Ltd., Huayi Compressor Barcelona S.L., Danfoss, Mayekawa Mfg. Co, Ltd., Panasonic Corporation of North America, Torad Engineering, Rechi Precision Co. Ltd., Tecumseh Products Company LLC and Ramco.

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