What is Green Cooling Technologies Market?
Green cooling technologies uses the equipment which has maximum energy efficiency and uses natural refrigerant. This equipment reduces the environmental impact, protects environment and resource, and supports the use of renewable energy. The refrigerants used in refrigeration and air conditioning are halogenated paraffin hydrocarbon which is known as chlorofluorocarbons which pose a threat to environment. However, the natural refrigerants include CO2, ammonia, hydrocarbons, air and water. These technologies reduce the environmental impact.
The market study is being classified, by Application (Residential, Commercial and Industrial) and major geographies with country level break-up.
DPAC UK Ltd. (United Kingdom), Taco, Inc. (United States), AHT Cooling Systems GmbH. (Austria), Cooltech Applications (France), InvenSor GmbH. (Germany), Efficient Energy GmbH. (Germany), Green Technology Systems (United States), Carel Industries S.p.a. (Spain), Godrej & Boyce Mfg. Co. Ltd. (India) and Industrial Solar GmbH (Germany) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Johnson Controls (United States), Secop GmbH (Germany) and The Fridge Factory (South Africa).
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Green Cooling Technologies market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Green Cooling Technologies market by Type, Application and Region.
On the basis of geography, the market of Green Cooling Technologies 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, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Emissions of Greenhouse Gases Such as Hydro Fluorocarbons, Chlorofluorocarbons is Leading to Usage of Green Cooling Technology
- Increasing Urban Population is Fueling the Market Growth
- Adoption of Green Cooling Technologies
- High Initial Installation Costs of Green Cooling Technologies may hamper the Market
- Improvement in Commercial and Industrial Eco System
- Initiatives by Governments to Deploy Least Climate Harming Technologies
- Lack of Awareness about the Green Cooling Technologies
Market Leaders and some development strategies
On November 2018, Carel group has acquired share capital of Recuperator SpA, which is an Italian company active in the design, production and consumption of "air-to-air" heat exchangers.
Key Target AudienceManufacturers, Raw material suppliers, Government associations, Research organizations and Others
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