세계의 초임계 CO2 시장 규모 : 기능별, 용도별, 지역별, 범위 및 예측

Transcritical Co2 Market Size And Forecast

Transcritical Co2 Market size was valued at USD 55.89 Billion in 2024 and is projected to reach USD 161.64 Billion by 2031 , growing at a CAGR of 16.38% from 2024 to 2031. Environmental sustainability and energy efficiency drive the Transcritical Co2 Market and increasing demand for refrigeration propels the global Transcritical Co2 Market are the factors driving the market growth. The Global Transcritical Co2 Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Transcritical Co2 Market Definition

The Transcritical Co2 Market represents a dynamic sector within the HVAC (heating, ventilation, and air conditioning) and refrigeration industries, focusing on systems that utilize carbon dioxide as a refrigerant. Unlike subcritical CO2 systems, which operate below the critical temperature and pressure of CO2, transcritical systems function above these thresholds, leveraging CO2's unique properties for efficient thermal management. This market is gaining momentum due to the environmental benefits and regulatory compliance associated with CO2, an eco-friendly refrigerant with a Global Warming Potential (GWP) of 1, significantly lower than traditional hydrofluorocarbons (HFCs) and hydrochlorofluorocarbons (HCFCs).

Transcritical CO2 systems are engineered to handle the specific thermodynamic challenges of operating above CO2's critical point, where there is no distinction between liquid and gas phases. These systems typically consist of components such as gas coolers, compressors, expansion valves, and heat exchangers, all designed to withstand high pressures. The adoption of transcritical CO2 technology is particularly prevalent in commercial refrigeration, where it is used in supermarkets, food processing and storage facilities, and ice-skating rinks. In these applications, the technology provides reliable and efficient cooling solutions while significantly reducing greenhouse gas emissions.

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Global Transcritical Co2 Market Overview

The global Transcritical Co2 Market is witnessing significant growth, primarily driven by the dual imperatives of environmental sustainability and energy efficiency. With increasing concerns over climate change and greenhouse gas emissions, there is a growing shift towards transcritical CO2 technology as a sustainable alternative in the refrigeration industry. This trend is fueled by regulatory mandates aimed at reducing the use of synthetic refrigerants with high global warming potential, positioning transcritical CO2 systems as a preferred choice for businesses striving to minimize their environmental footprint. The rising demand for refrigeration solutions across various sectors is propelling the growth of the global Transcritical Co2 Market. Factors such as population growth, urbanization, and changing consumer lifestyles are driving the need for efficient refrigeration systems in supermarkets, food processing facilities, pharmaceuticals, and other industries. The versatility and reliability of transcritical CO2 systems make them well-suited to meet the increasing demand for temperature-controlled storage and transportation of perishable goods.

Despite the promising growth prospects, the global Transcritical Co2 Market faces challenges related to higher initial investment costs. The substantial upfront investment required for system installation and infrastructure upgrades can act as a deterrent for businesses, particularly smaller enterprises with limited capital resources. This obstacle highlights the need for innovative financing mechanisms and cost-effective solutions to overcome the financial barriers associated with adopting transcritical CO2 technology. Nevertheless, the expansion into new applications presents significant opportunities for market growth and diversification. Beyond traditional refrigeration applications in supermarkets and food processing, transcritical CO2 systems are finding new avenues in industrial process cooling, transportation refrigeration, and server cooling in data centers. The ability of transcritical CO2 technology to provide precise temperature control, energy efficiency, and environmental sustainability positions it as a preferred choice for diverse industries seeking innovative cooling solutions.

Global Transcritical Co2 Market Segmentation Analysis

Global Transcritical Co2 Market is Segmented based on Function, Application, and Geography.

Transcritical Co2 Market, By Function

• Refrigeration
• Heating
• Air Conditioning

Based on Function, the market is segmented into Refrigeration, Heating, and Air Conditioning. Refrigeration accounted for the largest market share of 57.39% in 2023, with a market value of USD 28,282.03, and is projected to grow at the highest CAGR of 18.11% during the forecast period. Heating was the second-largest market in 2023, valued at USD 12,517.18 in 2023; it is projected to grow at a CAGR of 15.36%.

Transcritical Co2 Market, By Application

• Supermarkets
• Heat Pump
• Food Processing & Storage Facilities
• Ice Skating Rinks
• Others

Based on Application, the market is segmented into Supermarkets, Heat pumps, Food Processing & Storage Facilities, Ice Skating Rinks, and Others.

Transcritical Co2 Market, By Geography

• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• Latin America

Based on Regional Analysis, the global Transcritical Co2 Market is classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. Europe accounted for the largest market share of 32.23% in 2023 with a market value of USD 15,881.56 Million and is projected to grow at a CAGR of 15.98% during the forecast period. North America was the second-largest market in 2023, valued at USD 14,826.24 Million in 2023; it is projected to grow at a CAGR of 16.53%. However, Asia Pacific is projected to grow at the highest CAGR of 17.25%.

Key Players

• The Global Transcritical Co2 Market is partially fragmented with the presence of a significant number of players in the market. Some of the major companies include
• HillPhoenix, Carrier, Carnot Refrigeration, Emerson Electric Co, and Mayekawa Mfg. Co., Ltd., Bitzer, Super Radiator Coils, Danfoss Industries Pvt Ltd, ADVANSOR A/S, and Baltimore Aircoil International NV.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, benchmarking, and SWOT analysis.

Key Developments

• In Dec 2022, Carrier Commercial Refrigeration has delivered its 20,000th carbon dioxide (CO2) transcritical refrigeration rack in Europe, a significant milestone for the company and its brands, PROFROID and Green & Cool.
• In March 2023, Emerson announced at IIAR in Long Beach, California, the addition of its first Vilter transcritical CO2 screw compressor unit to its product range.

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 MARKET DEFINITION
• 1.2 MARKET SEGMENTATION
• 1.3 RESEARCH TIMELINES
• 1.4 ASSUMPTIONS
• 1.5 LIMITATIONS

2 RESEARCH METHODOLOGY

• 2.1 DATA MINING
• 2.2 SECONDARY RESEARCH
• 2.3 PRIMARY RESEARCH
• 2.4 SUBJECT MATTER EXPERT ADVICE
• 2.5 QUALITY CHECK
• 2.6 FINAL REVIEW
• 2.7 DATA TRIANGULATION
• 2.8 BOTTOM-UP APPROACH
• 2.9 TOP-DOWN APPROACH
• 2.10 RESEARCH FLOW
• 2.11 DATA SOURCES

3 EXECUTIVE SUMMARY

• 3.1 GLOBAL TRANSCRITICAL CO2 MARKET OVERVIEW
• 3.2 GLOBAL TRANSCRITICAL CO2 MARKET ESTIMATES AND FORECAST (USD MILLION), 2022-2031
• 3.3 GLOBAL TRANSCRITICAL CO2 MARKET ECOLOGY MAPPING
• 3.4 GLOBAL TRANSCRITICAL CO2 MARKET ABSOLUTE MARKET OPPORTUNITY
• 3.5 GLOBAL TRANSCRITICAL CO2 MARKET ATTRACTIVENESS ANALYSIS, BY REGION
• 3.6 GLOBAL TRANSCRITICAL CO2 MARKET ATTRACTIVENESS ANALYSIS, BY FUNCTION
• 3.7 GLOBAL TRANSCRITICAL CO2 MARKET ATTRACTIVENESS ANALYSIS, BY APPLICATION
• 3.8 GLOBAL TRANSCRITICAL CO2 MARKET GEOGRAPHICAL ANALYSIS (CAGR %)
• 3.9 GLOBAL TRANSCRITICAL CO2 MARKET, BY FUNCTION (USD MILLION)
• 3.10 GLOBAL TRANSCRITICAL CO2 MARKET, BY APPLICATION (USD MILLION)
• 3.11 FUTURE MARKET OPPORTUNITIES
• 3.12 PRODUCT LIFELINE

4 MARKET OUTLOOK

• 4.1 GLOBAL TRANSCRITICAL CO2 MARKET EVOLUTION
• 4.2 GLOBAL TRANSCRITICAL CO2 MARKET OUTLOOK
• 4.3 MARKET DRIVERS
  • 4.3.1 ENVIRONMENTAL SUSTAINABILITY AND ENERGY EFFICIENCY DRIVE TRANSCRITICAL CO2 MARKET
  • 4.3.2 INCREASING DEMAND FOR REFRIGERATION PROPELS GLOBAL TRANSCRITICAL CO2 MARKET
• 4.4 MARKET RESTRAINTS
  • 4.4.1 HIGHER INITIAL INVESTMENT COSTS MAY HAMPER GLOBAL TRANSCRITICAL CO2 MARKET
• 4.5 MARKET TRENDS
  • 4.5.1 INTEGRATION WITH RENEWABLE ENERGY SOURCES
• 4.6 MARKET OPPORTUNITY
  • 4.6.1 EXPANSION INTO NEW APPLICATIONS PROVIDES OPPORTUNITIES IN GLOBAL TRANSCRITICAL CO2 MARKET
• 4.7 PORTER'S FIVE FORCES ANALYSIS
  • 4.7.1 THREAT OF NEW ENTRANTS
  • 4.7.2 THREAT OF SUBSTITUTES
  • 4.7.3 BARGAINING POWER OF SUPPLIERS
  • 4.7.4 BARGAINING POWER OF BUYERS
  • 4.7.5 INTENSITY OF COMPETITIVE RIVALRY
• 4.8 MACROECONOMIC ANALYSIS
• 4.9 VALUE CHAIN ANALYSIS
• 4.10 PRICING ANALYSIS

5 MARKET, BY FUNCTION

• 5.1 OVERVIEW
• 5.2 GLOBAL TRANSCRITICAL CO2 MARKET: BASIS POINT SHARE (BPS) ANALYSIS, BY FUNCTION
• 5.1 REFRIGERATION
• 5.2 HEATING
• 5.3 AIR CONDITIONING

6 MARKET, BY APPLICATION

• 6.1 OVERVIEW
• 6.2 GLOBAL TRANSCRITICAL CO2 MARKET: BASIS POINT SHARE (BPS) ANALYSIS, BY APPLICATION
• 6.3 SUPERMARKETS
• 6.4 HEAT PUMP
• 6.5 FOOD PROCESSING & STORAGE FACILITIES
• 6.6 ICE SKATING RINKS
• 6.7 OTHERS

7 MARKET, BY GEOGRAPHY

• 7.1 OVERVIEW
• 7.2 NORTH AMERICA
  • 7.2.1 NORTH AMERICA MARKET SNAPSHOT
  • 7.2.2 U.S.
  • 7.2.3 CANADA
  • 7.2.4 MEXICO
• 7.3 EUROPE
  • 7.3.1 EUROPE MARKET SNAPSHOT
  • 7.3.2 GERMANY
  • 7.3.3 UK
  • 7.3.4 FRANCE
  • 7.3.5 ITALY
  • 7.3.6 SPAIN
  • 7.3.7 REST OF EUROPE
• 7.4 ASIA PACIFIC
  • 7.4.1 ASIA PACIFIC MARKET SNAPSHOT
  • 7.4.2 CHINA
  • 7.4.3 INDIA
  • 7.4.4 JAPAN
  • 7.4.5 REST OF ASIA PACIFIC
• 7.5 LATIN AMERICA
  • 7.5.1 LATIN AMERICA MARKET SNAPSHOT
  • 7.5.2 BRAZIL
  • 7.5.3 ARGENTINA
  • 7.5.4 REST OF LATIN AMERICA
• 7.6 MIDDLE EAST AND AFRICA
  • 7.6.1 MIDDLE EAST AND AFRICA MARKET SNAPSHOT
  • 7.6.2 UAE
  • 7.6.3 SAUDI ARABIA
  • 7.6.4 SOUTH AFRICA
  • 7.6.5 REST OF MIDDLE EAST AND AFRICA

8 COMPETITIVE LANDSCAPE

• 8.1 OVERVIEW
• 8.2 COMPANY MARKET RANKING ANALYSIS
• 8.3 COMPANY REGIONAL FOOTPRINT
• 8.4 COMPANY INDUSTRY FOOTPRINT
• 8.5 ACE MATRIX
  • 8.5.1 ACTIVE
  • 8.5.2 CUTTING EDGE
  • 8.5.3 EMERGING
  • 8.5.4 INNOVATORS

9 COMPANY PROFILES

• 9.1 DANFOSS INDUSTRIES PVT LTD
  • 9.1.1 COMPANY OVERVIEW
  • 9.1.2 COMPANY INSIGHTS
  • 9.1.3 PRODUCT BENCHMARKING
  • 9.1.4 WINNING IMPERATIVES
  • 9.1.5 CURRENT FOCUS & STRATEGIES
  • 9.1.6 THREAT FROM COMPETITION
  • 9.1.7 SWOT ANALYSIS
• 9.2 ADVANSOR A/S
  • 9.2.1 COMPANY OVERVIEW
  • 9.2.2 COMPANY INSIGHTS
  • 9.2.3 PRODUCT BENCHMARKING
• 9.3 BALTIMORE AIRCOIL INTERNATIONAL NV
  • 9.3.1 COMPANY OVERVIEW
  • 9.3.2 COMPANY INSIGHTS
  • 9.3.3 PRODUCT BENCHMARKING
• 9.4 HILLPHOENIX
  • 9.4.1 COMPANY OVERVIEW
  • 9.4.2 COMPANY INSIGHTS
  • 9.4.3 PRODUCT BENCHMARKING
  • 9.4.4 WINNING IMPERATIVES
  • 9.4.5 CURRENT FOCUS & STRATEGIES
  • 9.4.6 THREAT FROM COMPETITION
  • 9.4.7 SWOT ANALYSIS
• 9.5 CARRIER
  • 9.5.1 COMPANY OVERVIEW
  • 9.5.2 COMPANY INSIGHTS
  • 9.5.3 BUSINESS BREAKDOWN
  • 9.5.4 PRODUCT BENCHMARKING
  • 9.5.5 KEY DEVELOPMENTS
  • 9.5.6 WINNING IMPERATIVES
  • 9.5.7 CURRENT FOCUS & STRATEGIES
  • 9.5.8 THREAT FROM COMPETITION
  • 9.5.9 SWOT ANALYSIS
• 9.6 CARNOT REFRIGERATION
  • 9.6.1 COMPANY OVERVIEW
  • 9.6.2 COMPANY INSIGHTS
  • 9.6.3 PRODUCT BENCHMARKING
• 9.7 EMERSON ELECTRIC CO
  • 9.7.1 COMPANY OVERVIEW
  • 9.7.2 COMPANY INSIGHTS
  • 9.7.3 BUSINESS BREAKDOWN
  • 9.7.4 PRODUCT BENCHMARKING
  • 9.7.5 KEY DEVELOPMENTS
• 9.8 MAYEKAWA MFG. CO., LTD.
  • 9.8.1 COMPANY OVERVIEW
  • 9.8.2 COMPANY INSIGHTS
  • 9.8.3 PRODUCT BENCHMARKING
• 9.9 BITZER
  • 9.9.1 COMPANY OVERVIEW
  • 9.9.2 COMPANY INSIGHTS
  • 9.9.3 PRODUCT BENCHMARKING
• 9.10 SUPER RADIATOR COILS
  • 9.10.1 COMPANY OVERVIEW
  • 9.10.2 COMPANY INSIGHTS
  • 9.10.3 PRODUCT BENCHMARKING