(MENAFNEditorial) iCrowdNewswire - Nov 20, 2017
is analysed by industry experts, to help produce maximum returns-on-investment as it provides clarity required to make informed business decisions. This research will help both established and new entrants to identify and analyse the market need, market size and competition. It explains supply and demand situation, competitive scenario, challenges to market growth, market opportunities and threats faced by the key vendors. Industry experts project Refrigerant Compressors market to grow at a CAGR of 4.92% during the period 2017-2021.
Refrigerant compressors are utilized in equipment by large-scale facilities for heat pumping, air conditioning, and refrigeration applications. Refrigerant compressors increase the temperature of the low-pressure gas by utilizing compression, while simultaneously removing vapor from the evaporator. Refrigerant compressors form the heart of refrigeration and HVAC systems and are mostly large, mechanical units.
Firstly, the Refrigerant Compressors market research report provides a basic overview of the industry including definitions, market status and industry chain structure. The Refrigerant Compressors market analysis is provided for the international market including development history, competitive landscape analysis, and major regions' development status. What's more, the Refrigerant Compressors industry development trends and growth patterns are analyzed.
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Refrigerant Compressors market potential is analysed for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, demand and present scenarios in Refrigerant Compressors industry. To determine the Refrigerant Compressors market size the report considers based on the demand for refrigerant compressors from various applications. Further the Refrigerant Compressors market report focuses on global major leading industry players with information. Report contains vendor landscape in addition to a SWOT analysis of the key vendors operating in Refrigerant Compressors market space like BITZER, Danfoss, Emerson Climate Technologies, GEA, Dorin and many more.
Refrigerant Compressors Market Drivers, Challenges and Trends: –
Refrigerant Compressors Market Driver: – one driver in market is growth of commercial refrigeration market. The commercial refrigeration market is one of the major demand-generating segments for compressors. Hermetic compressors and semi-hermetic reciprocating compressors are extensively used in the commercial refrigeration market; hence, the growth of the commercial refrigeration market provides a rationale for the demand for compressors. Commercial refrigerators are mainly used by retail outlets for displaying and storing fresh and frozen food items and beverages. The global commercial refrigeration market offers a variety of products, and walk-in coolers are expected to drive the market during the forecast period.
Refrigerant Compressors Market Challenge: – one challenge in market is changes in regulatory policies. The United States Environmental Protection Agency (US EPA) and the US Department of Energy (DOE) are revising the standards for the vendors of the commercial refrigeration market. The new regulations will be effective from 2017. The regulations by the US Department of Energy will heavily impact two sections of the global commercial refrigeration market —freezers/walk-in coolers and refrigerated display cases. In 2017, the Department of Energy will reduce the allowance of energy for self-sustained and remote display cases based on reduction calculations specific to categories and models. According to these calculations, some models, such as glass door models that consume more energy, may need to meet energy reductions of 65%-70%. The major challenge for the manufacturer in meeting these standards lies in redesigning the models to reduce energy consumption, eliminate some features, or even discontinue models.
Refrigerant Compressors Market trend: – One trend in market is outsourcing of pharmaceutical manufacturing by developed countries. The developed countries are increasingly outsourcing pharmaceutical manufacturing to developing countries such as China and India. The main reasons for this trend are the high cost of raw ingredients, increasing costs, and intense competition among market players. In addition, the need to reduce the time-to-market, encourage drug discovery, and increase profit margins has further forced companies to outsource pharmaceutical manufacturing activities
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Market segmentation by application, by product:- Hermetic compressors, Semi-hermetic reciprocating compressors, Domestic compressors, Semi-hermetic screw compressors, Open screw compressors, Open centrifugal compressors, Open reciprocating compressors ; Geographic Segmentation: – Americas, APAC, EMEA
In the next part of Refrigerant Compressors market research report, development policies and plans are discussed. This report also states growing domain, production and revenue by regions. The Refrigerant Compressors Market forecast to 2021 Considering Market Size, Sales, Revenue, Growth rate, Price and Trends for Regions, Types and Applications is also provided.
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