Commercial RAC PD Compressor Market is Projected to Register a CAGR of 4% by 2029 | FMI Reports

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Commercial RAC PD Compressor Market is Projected
to Register a CAGR of 4 by 2029 FMI Reports

• March 2020

Report Id REP-Gb-10341 Published On
09-Sep-2019 Category Industrial Automation and
Equipment
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Commercial RAC PD Compressor Market Analysis
A new market research report by Future Market
Insights on the commercial RAC PD compressor
market includes the global industry analysis
20142018 and opportunity assessment 20192029.
The report investigates the commercial RAC PD
compressor market and provides key insights over
the forecast period of 2019-2029. A rise in food
beverage production, coupled with the growth of
cold chain capacities to ensure efficient storage
of food, is anticipated to support the demand for
commercial RAC PD compressor, worldwide, over the
forecast period. The global commercial RAC PD
compressor market is estimated to reach US 4.5
Bn in 2019, and increasing at a CAGR of 4 over
the forecast period of 2019-2029. This growth is
majorly driven by the replacement of old
commercial RAC PD compressor and innovation in
compressor technology. As several government
policies continue to support the production and
usage of environment-friendly refrigerants,
commercial RAC PD compressor manufacturers are
leveraging energy technologies to offer
cost-efficient products with lower carbon
footprint, reports the FMI study.
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Commercial RAC PD Compressor Market Analysis
East Asia Commercial RAC PD Compressor Market
Attractiveness Rising Regions such as East Asia,
North America and South Asia, are projected to
capture substantial market shares in terms of
value. However, the East Asia commercial RAC PD
compressor market is estimated to project
lucrative growth during the forecast period of
2019-2029. This growth is driven by the rapid
increase in cold storage food trucks in countries
such as China, South Korea, and Japan. Moreover,
significant change in living standards and
improving macro-economic scenario have led to a
substantial surge in the number of organized
retail stores, worldwide. The prompt growth of
the organized retail sector considered by the
rise in number of hypermarkets, supermarkets
etc., is anticipated to drive the growth of the
overall food chain, that in turn, is expected to
boost the sales of commercial RAC PD compressor
for refrigerated display cases and other
refrigeration equipment. The commercial RAC PD
compressor market is likely to grow at a
significant rate during the forecast period,
supported by the increase in number of retail
stores across the globe.
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Commercial RAC PD Compressor Market Analysis
Supermarkets and Convenience Stores to Remain Key
End Use Sectors of Commercial RAC PD
Compressor The global market of commercial RAC
PD compressor has been segmented on the basis of
different types of Commercial RAC PD Compressor,
their multiple applications, and regions such as
Latin America, North America, Europe, East Asia,
South Asia, Oceania and MEA. By refrigeration,
the commercial RAC PD compressor market has been
categorized into R134A, R290, R410A, R744, R404A,
R407C, and others. Among these, the R410A segment
is expected to grow at a high pace, owing to its
various advantages such as stretched cooling
capacity, better efficiency, and size reduction
of the compressor By product type, the
commercial RAC PD compressor market is segmented
into reciprocating and scroll compressor. The
reciprocating compressor accounts for nearly 64
value wise share, on account of its wide
application in various commercial refrigeration
equipment in the global commercial RAC PD
compressor market.
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Commercial RAC PD Compressor Market Analysis
Commercial RAC PD Compressor Market Vendor
Insights The report highlights some of the
prominent market players, who have established
themselves as leaders in the global Commercial
RAC PD Compressor market such as are The Danfoss
Group, Huayi Compressor Co., Ltd, Midea Group,
Emerson Electric Co., Nidec Corporation,
Mitsubishi Electric Corporation, Panasonic
Corporation, United Technologies, Corporation,
GEA Group AG, MAYEKAWA MFG. CO., LTD. The global
Commercial RAC PD Compressor market is
significantly consolidated with some players
holding prominent shares of the market. Tier-1
manufacturers account for 15-20 of the global
market with revenue from the Commercial RAC PD
Compressor market of US 800Mn. Tier-1
manufacturers includes are The Danfoss Group,
Huayi Compressor Company Ltd. and United
Technologies Corporation. Press Release Source 
https//www.globenewswire.com/news-release/2019/09
/12/1914681/0/en/Commercial-RAC-PD-Compressor-Mark
et-is-expected-to-grow-at-a-CAGR-of-4-during-the-f
orecast-period-of-2019-to-2029-Future-Market-Insig
hts.html 
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Commercial RAC PD Compressor Market Analysis

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  market trends.

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Commercial RAC PD Compressor Market Analysis
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