Global Transcritical CO2 Systems Market Estimated to Reach $135.17 Billion by End of the Forecast Period, 2018-2027 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jan 15, 2020--
The “Transcritical CO2 Systems - Global Market Outlook (2018-2027)” report has been added to ResearchAndMarkets.com’s offering.
The Global Transcritical CO2 Systems Market accounted for $27.20 billion in 2018 and is expected to reach $135.17 billion by 2027 growing at a CAGR of 19.5% during the forecast period.
Some of the key factors influencing the market growth include increasing demand for refrigeration and air-conditioning applications, the low environmental impact of transcritical CO2 systems and Implementation of stringent environmental regulations toward the usage of greenhouse gases & chlorofluorocarbons. However, low demand for transcritical CO2 systems and flammability and toxicity issues are hindering the market growth.
Transcritical CO2 systems are environmentally friendly and dependable that denied as a system that operates above the critical point. The transcritical CO2 systems are the most promising solutions using natural refrigerants in retail contexts. In this system, the heat recovery function exploits the heat normally dissolute by the gas cooler for domestic hot water production or space heating. These systems are suitable for medium to large supermarkets, cold storage facilities and light industrial processes.
Amongst function, Refrigeration is mostly used in supermarkets and convenience stores. Transcritical CO2 refrigeration has a high safety rating and is non-toxic and non-flammable. Additionally, these systems are used in refrigeration processes due to their high volumetric cooling capacity.
By Geography, Europe is expected to witness significant growth on account of the recent F-Gas regulations/HFC phase-out plan which dictates the reduction of the use of HFC refrigerants. The region also houses the highest number of end-user entities, such as Tesco (UK) and Metro AG (Germany) that have already switched to refrigeration systems based on transcritical CO2 systems.
What the report offers:
Key Topics Covered:
1 Executive Summary
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
3 Market Trend Analysis
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Futuristic Market Scenario
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Transcritical CO2 Systems Market, By Function
5.3 Air Conditioning
6 Global Transcritical CO2 Systems Market, By Application
6.2 ICE Skating Rinks
6.3 Heat Pumps
6.4.2 Supermarkets & Convenience Stores
6.5 Food Processing & Storage Facilities
6.6 Other Applications
6.6.2 Water Treatment Plants
7 Global Transcritical CO2 Systems Market, By End User
7.5 Other End Users
8 Global Transcritical CO2 Systems Market, By Geography
8.2 North America
8.4 Asia Pacific
8.5 South America
8.6 Middle East & Africa
9 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.5 Other Key Strategies
10 Company Profiling
10.2 Carrier Commercial Refrigeration
10.3 Panasonic Corporation
10.4 Hillphoenix, Inc.
10.6 Carnot Refrigeration
10.7 Henry Technologies, Inc.
10.8 Teko GmbH
10.9 Shecco SPRL
10.10 Green & Cool World Refrigeration AB
10.11 Mayekawa MFG. Co., Ltd.
10.12 Emerson Climate Technologies
10.14 Baltimore Aircoil Company, Inc.
10.15 SCM Frigo S.P.A.
10.16 Systemes LMP, Inc.
10.17 Hussmann Corporation
For more information about this report visit https://www.researchandmarkets.com/r/b0fx51
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INDUSTRY KEYWORD: CONSTRUCTION & PROPERTY OTHER MANUFACTURING BUILDING SYSTEMS MANUFACTURING
SOURCE: Research and Markets
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PUB: 01/15/2020 09:52 AM/DISC: 01/15/2020 09:52 AM