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Global Refrigeration and Air Conditioning Compressors Market Trends Forecasted during 2028
Growth in food and beverage production and expansion of cold chain capacities to ensure efficient storage and minimize wastage of food are the two factors expected to boost the demand for refrigeration and air conditioning compressors across


mrrse
BriefingWire.com, 1/11/2019 - A new report titled “Global Refrigeration and Air Conditioning Compressors Market Analysis & Trends Forecasted during 2028” has been included in the enormous research repository of Market Research Reports Search Engine (MRRSE) that compiles various facets of the Global Refrigeration and Air Conditioning Compressors Market at a global level portraying a holistic analysis of the marketplace along with intelligence on key participants. The report covers an unbiased analysis on various market aspects, emphasizing major trends giving direction to the market, key opportunities paving new growth avenues, key drivers pushing the market’s growth and challenges and restraints hindering the market for Global Refrigeration and Air Conditioning Compressors Market across the globe.

To Get Sample Copy of Report Click here @ www.mrrse.com/sample/17048

Refrigeration and air conditioning compressors considered under the scope of the report include compressors that are utilized only for residential, commercial and industrial purposes. Refrigeration and air conditioning compressors provide air conditioning, heat pumping and refrigeration for large-scale facilities and equipment.

The global Refrigeration and Air Conditioning Compressors market is estimated to be valued at US$ 15,333.5 Mn by 2019 end and is expected to reach US$ 22,955.0 Mn by the end of 2028 while expanding at a CAGR of 4.1% over the forecast period. The global Refrigeration and Air Conditioning Compressors market is anticipated to represent incremental opportunity of US$ 7,621.6 Mn between 2019 and 2028.

Growth in food and beverage production and expansion of cold chain capacities to ensure efficient storage and minimize wastage of food are the two factors expected to boost the demand for refrigeration and air conditioning compressors across the globe over the next decade. Various initiatives are being taken to minimize food loss at production and distribution levels.

Various countries across the globe are strengthening their cold supply chain infrastructure to minimize the wastage of food and beverages. For instance, according to the Global Cold Chain Alliance, refrigerated warehouse capacity in the U.S. increased at a CAGR of 9% between 2008 and 2014.

The aforementioned reasons are expected to boost the sales of refrigeration and air conditioning compressors across various countries.

Based on product type, the global Refrigeration and Air Conditioning Compressors market is segmented into reciprocating, centrifugal, rotary and scroll types. Reciprocating compressors are one of the most widely utilized refrigeration and air conditioning compressors across the globe.

On the basis of application, the global Refrigeration and Air Conditioning Compressors market is segmented into residential, commercial and industrial. Residential segment accounted for 38.6% share in 2018 in the global refrigeration and air conditioning compressors market.

Browse Complete Report with TOC @ www.mrrse.com/refrigeration-and-air-conditioning-compressors-market

On the basis of refrigeration, the global Refrigeration and Air Conditioning Compressors market is segmented into R290, R404A, R410A, R744, R134A, R407C and others. Others refrigerant segment is expected to grow at a significant rate over the forecast period in the global refrigeration and air conditioning compressors market.

 
 
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