Global Commercial RAC PD Compressors Market Poised to Reach USD 8 Billion by 2033, with a CAGR of 4.2%

Commercial RAC PD Compressors Market

Prominent Growth Factors Include Rising Demand in Food & Beverage Industries, Emphasis on Energy Efficiency, and Technological Advancements

Future Market Insights (FMI), an ESCOMAR certified market research and consulting firm, has released a comprehensive report forecasting the growth trajectory of the global commercial RAC PD compressor market. According to the report, the market was valued at USD 5.1 billion in 2022 and is projected to reach a valuation of USD 8 billion by 2033, exhibiting a steady Compound Annual Growth Rate (CAGR) of 4.2% during the period from 2023 to 2033.

Rising Demand in Various Industries Fuels Market Expansion

The increasing application of commercial RAC PD compressors in the food and beverage industries is expected to drive the market’s growth. As the emphasis on energy-efficient and environmentally friendly refrigeration and air conditioning systems continues to grow, the demand for these compressors is escalating. Leading players in the commercial RAC OD compressor market are adopting advanced technologies, thereby propelling the demand for RAC PD compressors across various industries. Additionally, the rapid advances in technology are paving the way for new growth prospects for manufacturers in the commercial RAC PD compressor segment.

Expanding Commercial Infrastructure Drives Demand

The current focus on developing greener and more efficient air conditioning systems to reduce carbon dioxide emissions has led to increased sales of commercial freezer compressors. The rising number of educational institutions, offices, hospitals, and shopping malls worldwide is expected to further boost compressor sales. The market is also benefiting from the popularity of new-generation cooling appliances equipped with advanced features. Particularly in regions experiencing extreme heat conditions, the demand for air conditioners is on the rise, consequently driving compressor sales.

To gain a competitive edge, Request a sample for a detailed market analysis, enabling you to discover potential growth prospects.

Key Players’ Initiatives and Competitive Landscape

The global commercial RAC PD compressor market is characterized by a high degree of fragmentation, with numerous players vying for market share. Many of these companies are pivoting towards hydrocarbons like R290 and R600a, driven by stringent government policies supporting the use of environmentally friendly commercial freezer compressors. In addition, some key players are adopting innovative technologies such as Intermediate Discharge Valves (IDV) and introducing inverter (variable) speed compressors to enhance part-load efficiency.

For instance, in January 2022, Thermo King, a USA-based manufacturer of transport temperature control systems, announced its plans to transition to a lower Global Warming Potential (GWP) refrigerant for its trailer and truck units. This move is expected to reduce the carbon footprint of refrigerants utilized by customers’ delivery fleets by approximately 50%. Similarly, in August 2021, Emerson, a US multinational corporation, unveiled its new 36kW inverter drive solution and Copeland 110cc variable speed scroll compressor, aimed at offering energy-saving improvements for various commercial air-conditioning applications.

Top 10 Key Players:

  • Emerson Electric Co.
  • The Danfoss Group
  • Mitsubishi Electric Corporation
  • GEA Group AG
  • LG Electronics, Inc.
  • Huayi Compressor Co., Ltd.
  • Panasonic Corporation
  • Midea Group
  • Midea Group
  • Bitzer SE

Regional Insights: Growth Contributors

While the market’s growth is global in nature, certain regions have emerged as significant contributors. North america has witnessed substantial growth in the commercial RAC PD compressor market due to. This growth trajectory is projected to continue over the forecast period, solidifying north america as a vital hub for the global market expansion.

Contact our Sales Team for Personalized Support in Purchasing this Report

Commercial RAC PD Compressor Market by Category

By Product Type:

  • Reciprocating
  • Scroll

By Cooling Capacity:

  • Less than 6 Kw
  • 7-10 kw
  • 11-15 kw
  • 16-20 kw
  • 21-30 kw
  • 30-50 kw
  • 50-100 kw
  • 100-200 kw

By Refrigerant:

  • R290
  • R404A
  • R410A
  • R744
  • R134A
  • R407C
  • By Application:
  • Refrigeration
  • Air Conditioning

By End-use Sector:

  • Supermarkets and Convenience Stores
  • Hotels & Restaurants
  • Office and Institutions
  • Food & Beverages Transport
  • Others

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • South Asia and Pacific
  • East Asia
  • Middle East & Africa

Refining Intelligence: Unveiling Strategic Perspectives to Drive Market Expansion in Commercial RAC PD Compressor Segment

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
LinkedInTwitterBlogs | YouTube
For Sales Enquiries:

About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may also like these