Reciprocating Compressor for Domestic and Light Commercials Market Scope
Compressors play a vital role in the refrigeration cycle. The compressor compresses the refrigerant, which flows to the condenser and gets cooled. It then moves to the expansion valve, the evaporator and it is finally sucked by the compressor again. For the proper functioning of the refrigeration cycle, the refrigerant needs to be compressed properly. It needs pressure corresponding to the saturation temperature which is higher than the temperature of the natural water or air available. The reciprocating compressors are commonly used types of refrigerating compressors. They have a piston and cylinder arrangements similar to an automotive engine. The reciprocating motion of the piston due to external power compresses the refrigerant inside the cylinder. It is also used in oil refineries, gas pipelines, natural gas processing plants, chemical plants, etc.
The market study is being classified by Type (Single Acting and Double Acting), by Application (Household Refrigerators, Chest Freezers, Bottle Coolers (Water & Beer Coolers}, Dispenser - Water & Beer, Vending Machines (Display Cases, Food & Beverages Machines etc), Icecream Cabinets, Blast Chillers, Ice Makers, Portable Refrigerators and Others (Frozen Islands, Walk-in Rooms etc)) and major geographies with country level break-up.
The global reciprocating compressors market is highly competitive and consists of various key players. The level of competition among the companies in the reciprocating compressor and refrigeration market is intense and manufacturers focus on developing new technologies and offering customized products to the customers. The companies are seeking ways to reduce cost, improve product quality and production efficiency. In terms of market share, few of the key players presently dominate the global market. These market players are leveraging on strategic collaborative creativities to intensification their market share and escalation their profitability. Key vendors operating in the global market are also acquiring start-ups. Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Reciprocating Compressor for Domestic and Light Commercials market throughout the predicted period.
Secop GmbH (Germany), Embraco (Brazil), Panasonic (Japan), LG Electronics Inc. (South Korea), Cubigel (Jiaxipera) (China), Donper (China), GMCC (China), Huayi Compressor Co. Ltd. (Spain), Tecumseh Products Company (United States), Kulthorn Kirby (Thailand), Atlas Copco (Sweden), Ariel Corp. (United States), Corken (United States), Fusheng Co., Ltd (China), Gardner Denver (United States), General Electric (United States), Hitachi (Japan), Ingersoll-Rand (Ireland), Kaeser Kompressoren (Germany), KOBE STEEL, LTD (Japan), Siemens (Germany) and NEUMAN & ESSER GROUP (Germany) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Belaire Compressor (United States), Elgi Equipments (India), Frank Technologies (India), Howden Group Ltd (United Kingdom), Sundyne (United States), Corken, Inc (United States), MAYEKAWA MFG. CO., LTD (Japan) and Fusheng Co., Ltd (Taiwan).
AdvanceMarketAnalytics has segmented the market of Global Reciprocating Compressor for Domestic and Light Commercials market by Type, Application and Region.
On the basis of geography, the market of Reciprocating Compressor for Domestic and Light Commercials has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Spain, Ukraine, Norway, Russia, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
In Nov 2018, Siemens Selected To Provide 19 Process Reciprocating Compressors for AdNoC Refining’s Crude Flexibility Project at Ruwais Refinery-West. Through This Project, It Is Intended to Increase the Refinery’s Crude Processing Flexibility, Enabling the Site to Process up To 420,000 Barrels of Oil per Day.
In 2014, North America (United States, Canada, and Mexico) proposed an amendment to the Montreal Protocol to reduce production and consumption of HFCs by 85% during the period 2016–2035 and the A5 (developing) countries would reduce HFC production and consumption by 85% during the later period 2025–2045. The EU F-Gas regulation will reduce consumption by 79% over the period 2016-2030. With over 17 million commercial and household appliances, North America represents the large potential market for hydrocarbon refrigerants.
- Advancement in Technology and Innovation in Reciprocating Compressors
- High Demand From Refinery and LNG & CNG Transport & Storage Plants
- The Growth in the Adoption of Most Energy-Intensive Retail Businesses Such as Supermarket & Hypermarkets
- Growing Industrialization and Other Manufacturing Industry in the APAC Region
- Increasing Research & Development Investments for Reciprocating Compressors
- Stringent Government Rules and Regulations
- Use of Refurbished Products
- Availability of Substitutes
Key Target Audience
Manufacturers, Dealers, And Suppliers Of The Refrigeration Equipment, Reciprocating Compressors Manufacturers, Suppliers And Distributors, Raw Material Suppliers and Franchise, Consulting Companies/Consultants In Chemical And Material Sectors, End Users Of The Refrigeration Equipment, Government And Research Organizations, Companies Operational In Material R&D, Associations And Industrial Bodies, Venture Capitalists And Private Equity Firms, New Entrants/Investors and End-Use Industries
Customization available in this Study:
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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