The condensing unit market in Middle East & Africa is projected to register highest CAGR between 2016 and 2021. The growing food & beverage industry, coupled with rapid industrialization in region, is key factor driving the condensing unit market in the region. Asia-Pacific was the largest market for condensing units in 2015.
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Condensing Unit Market is projected to reach USD 23.31 billion by 2021, at a CAGR of 11.1% between 2016 and 2021. High demand of condensing unit from the commercial refrigeration industry is propelling the growth of this market.
1 Significant Opportunities for Condensing Unit Market
2 Condensing Unit Market Growth, By Region
3 Condensing Unit Market Share in Asia-Pacific
4 Condensing Unit Market Attractiveness
5 Condensing Unit Market Size, By Application, 2015
6 Condensing Unit Market Size: Developed vs Developing Nations
The growing supermarket industry in the Asia-Pacific region brings forth growth opportunities for condensing unit market in the region.
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Asia-Pacific is estimated to witness huge demand for condensing units not only from the supermarket industry but also from the food & beverage as well as storage facility industry. The increased usage of condensing units in refrigeration systems in these industries is estimated to drive the market for condensing units.
Report at www.rnrmarketresearch.com/contacts/646603 .
Condensing Unit Market study has been validated through primary interviews with various industry experts globally. The break-up profile of primary discussion participants is given here Tier 1 (35%); Tier 2 (30%) and other (35%) companies were contacted for interviews.
The interviews were conducted with various key people such as C level (25%), Director Level (35%) and other (45%) from various key organizations.
- Condensing Unit Manufacturers
- Condensing Unit Traders, Suppliers, and Distributors
- Government and Research Organizations
- Association and Industrial Bodies
- Raw Material Suppliers and Distributors
- Shipping Companies
- Industry Associations
Condensing Unit Market as a part of qualitative analysis, the research provides a comprehensive review of major market drivers, restraints, and opportunities. It also discusses competitive strategies adopted by different market players, such as Emerson Electric Company, Carrier Commercial Refrigeration, Danfoss, GEA Group, Heatcraft Worldwide Refrigeration, BITZER Kühlmaschinenbau GmbH, and others.
Report at www.rnrmarketresearch.com/contacts/?rname=646603 .
The report offers market estimations and projections till 2021 and offers a complete study of the market dynamics. In addition, the report provides the competitive landscape with major growth strategies adopted by the key players.
The report provides detailed qualitative and quantitative analysis of the global condensing unit market, along with market drivers, restraints, and opportunities. The top players of this market are profiled in detail, along with recent developments and other strategic industry-related activities.
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