세계의 냉동 컴프레서 시장 규모 : 유형별, 냉매 유형별, 용도별, 지역별 범위 및 예측

Refrigeration Compressor Market Size And Forecast

Refrigeration Compressor Market size was valued at USD 22.77 Billion in 2024 and is projected to reach USD 33.31 Billion by 2031, growing at a CAGR of 5.37% from 2024 to 2031.

A refrigeration compressor is a mechanical device that compresses refrigerant gases, increasing their pressure and temperature. This compression allows the refrigerant to circulate throughout the system, absorbing heat from the environment (as in refrigerators, air conditioners, or heat pumps) and releasing it elsewhere, resulting in a cooling effect. The refrigeration cycle normally involves the refrigerant passing through several stages, including compression, condensation, expansion, and evaporation, with the compressor at the center of the process. Compressors are classified as reciprocating, rotary, screw, scroll, or centrifugal, with each kind being best suited to a certain application based on efficiency, capacity, and operating conditions.

Refrigeration compressors are being driven by advances in energy efficiency, environmental laws, and rising demand for cooling solutions in emerging countries. With a growing emphasis on lowering greenhouse gas emissions, the development of compressors applying low global warming potential (GWP) refrigerants is an essential segment of innovation.

The rapid growth of smart and IoT-enabled refrigeration systems is driving demand for more advanced compressors that can interact with digital controls to enhance performance. The demand for refrigerated solutions is predicted to increase in industries such as food processing, pharmaceuticals, and data centers, growing the market for advanced refrigeration compressors.

Global Refrigeration Compressor Market Dynamics

The key market dynamics that are shaping the global refrigeration compressor market include:

Key Market Drivers:

Growing Food and Beverage Industry: The expanding food and beverage industry is a major factor driving the refrigeration compressor market. According to the US Department of Agriculture, the food and beverage manufacturing sector will contribute $750 billion to the US economy in 2023, up 3.2% over the previous year. This expansion immediately correlates with the growing demand for refrigeration equipment throughout the supply chain.

Rising Demand for Energy-Efficient Solutions: The increasing demand for energy-efficient refrigeration systems is driving innovation in compressor technology. According to the International Energy Agency (IEA), cooling and refrigeration account for around 17% of global electricity consumption. Regulations such as the EU's Ecodesign Directive seek to increase energy efficiency, to reduce refrigeration appliance energy consumption by 10% by 2030, hence increasing demand for innovative compressors.

Increasing Adoption of Heat Pumps: Heat pumps, which employ refrigeration compressors, are becoming more popular as people seek sustainable heating alternatives. According to the European Heat Pump Association, heat pump sales in Europe increased by 34% in 2023, with more than 3 million units shipped. This trend is projected to continue, aided by government attempts to cut carbon emissions from the heating sector.

Key Challenges:

Energy Efficiency Demands: As regulations tighten and energy costs rise, there is an increasing demand for energy-efficient refrigeration systems. Compressors must be built to function more efficiently, which might raise production costs and necessitate continual innovation to fulfill performance criteria while maintaining cooling capabilities.

Environmental Regulations: Governments around the world are implementing stronger environmental restrictions to limit greenhouse gas emissions. Compressors must adapt to new refrigerants with lower global warming potential (GWP), which may necessitate redesigns and provide issues in maintaining performance and reliability.

Technological Obsolescence: Rapid technological improvements can render old compressors obsolete, requiring manufacturers to constantly innovate. This requirement for ongoing upgrades can be financially and technically difficult, especially for businesses that have substantially invested in outdated technologies.

High Initial Costs: The creation and implementation of complex refrigeration compressors frequently incur large research and development expenses. These high initial costs can be prohibitive for manufacturers, particularly small and medium-sized businesses, and may hinder the adoption of new technology.

Key Trends:

Adoption of Low-GWP Refrigerants: Environmental restrictions are driving an increasing trend toward the use of refrigerants with low global warming potential (GWP). This trend promotes the development of compressors that are compatible with natural refrigerants such as CO2, ammonia, and hydrocarbons, which are regarded as more environmentally friendly.

Increasing Energy Efficiency: Rising energy costs and tougher efficiency standards are causing manufacturers to create compressors that use less power. The trend toward high-efficiency compressors is being driven by advances in motor technology, premium components, and optimized designs that minimize energy consumption while retaining performance.

Digitalization and IoT Integration: The combination of digital technology and IoT is changing refrigeration systems. Smart compressors with remote monitoring, predictive maintenance, and real-time performance optimization are becoming increasingly popular, allowing for greater control, less downtime, and better energy management.

Shift Toward Commercial and Industrial Applications: While home refrigeration remains important, there is an increasing emphasis on commercial and industrial cooling. Demand for durable, large-scale refrigeration systems is being driven by industries such as food processing, pharmaceuticals, and data centers, resulting in increased development of high-capacity compressors.

Global Refrigeration Compressor Market Regional Analysis

Here is a more detailed regional analysis of the global refrigeration compressor market:

Asia Pacific:

The Asia Pacific region's leading position in the global refrigeration compressor market is fueled by rapid urbanization, rising disposable incomes, and the growth of the consumer electronics sector. With the region's urban population expected to rise dramatically, demand for refrigeration appliances is growing, especially in densely populated cities. This increase in prospective customers is driving market expansion, particularly in the refrigeration area of the consumer electronics industry. The substantial expansion of the Asian air conditioning industry, which increased by 8.2% in 2023, highlights the growing demand for refrigeration compressors, with forecasts showing ongoing strong growth in the future years.

The cold chain logistics sector in Asia Pacific is rapidly expanding, particularly in India, where the market is estimated to reach USD 13 Billion by 2026. This growth reflects the region's growing need for refrigeration compressors in commercial and industrial applications, as it is required to expand its cold storage capacity. The Chinese government's campaign for energy efficiency is boosting the market. The implementation of new energy efficiency requirements is expected to considerably reduce energy usage, driving up demand for modern, energy-efficient compressors across the region.

North America:

The refrigeration compressor market in North America is expected to grow rapidly, owing to a significant focus on energy efficiency and environmental sustainability. According to the US Department of Energy, refrigeration accounts for a considerable fraction of home energy usage, opening up huge opportunities for energy-efficient technology. This demand is boosted by the widespread usage of ENERGY STAR certified freezers, which have already resulted in significant reductions in greenhouse gas emissions. As consumers and organizations value sustainability, the market for innovative refrigeration compressors is growing, driven by energy savings and environmental benefits.

Government initiatives also play an important role in driving market expansion. The Better Buildings Initiative of the United States Department of Energy aims to improve commercial building energy efficiency, resulting in higher adoption of modern HVAC and refrigeration equipment, such as energy-efficient compressors. Meanwhile, Canada's aim to cut hydrofluorocarbon (HFC) use by 85% by 2036 under the Kigali Amendment is encouraging the development and implementation of ecologically friendly refrigeration technology. These combined efforts will lead the North American refrigeration compressor market to significant growth in the future years.

Global Refrigeration Compressor Market: Segmentation Analysis

The Global Refrigeration Compressor Market is Segmented on the basis of Type, Refrigerant Type, Application, End-User, And Geography.

Refrigeration Compressor Market, By Type

Reciprocating Compressors

Rotary Compressors

Screw Compressors

Centrifugal Compressors

Based on Type, the market is fragmented into Reciprocating Compressors, Rotary Compressors, Screw Compressors, and Centrifugal Compressors. Reciprocating compressors dominate the refrigeration compressor market due to are widely used in a variety of applications, including domestic refrigerators, commercial cooling systems, and industrial refrigeration. Their dependability, efficiency, and capacity to manage high-pressure loads make them a popular choice across numerous industries, leading to their domination. Rotary compressors are the market's fastest-expanding category. Their tiny size, low noise levels, and energy efficiency make them increasingly attractive in home and small-scale company applications, particularly for air conditioning and heat pump systems. This segment's rapid expansion is being driven by increased demand for energy-efficient solutions.

Refrigeration Compressor Market, By Refrigerant Type

R410A

R407C

R404A

R134A

R290

R600a

Based on Refrigerant Type, the market is segmented into R410A, R407C, R404A, R134A, R290, and R600a. R134a is dominating the refrigeration compressor market, particularly in car air conditioning and home refrigeration. Its extensive use, dependability, and efficacy in medium to high-temperature refrigeration applications have made it a top refrigerant for many years. R290 (propane) is the fastest-growing market. R290, a natural refrigerant with low global warming potential (GWP) and outstanding thermodynamic qualities, is gaining favor in commercial and residential refrigeration systems. The growing emphasis on environmental sustainability, combined with stiffer limits on synthetic refrigerants, contributes to its rapid adoption.

Refrigeration Compressor Market, By Application

Food and Beverages

Pharmaceuticals

Chemical

HVAC

Automotive

Based on Application, the market is segmented into Food and Beverages, Pharmaceuticals, Chemical, HVAC, and Automotive. Food and beverages dominate the refrigeration compressor market due to the vital necessity for precise temperature control for storing, manufacturing, and transporting perishable commodities. The high demand for refrigeration in supermarkets, cold storage, and food processing facilities ensures this segment's dominance. Pharmaceuticals is the fastest-growing segment, driven by the growing demand for dependable refrigeration for the storage and shipping of temperature-sensitive pharmaceuticals, vaccines, and biologics. The COVID-19 pandemic, combined with continuous innovations in biopharmaceuticals, has driven demand for improved refrigeration systems, supporting growth in this sector.

Refrigeration Compressor Market, By End-User

Domestic

Commercial

Industrial

Based on End-User, the market is segmented into Domestic, Commercial, and Industrial. Commercial refrigeration dominates the refrigeration compressor market due to covering a wide range of applications, such as supermarkets, restaurants, and convenience stores, where dependable and efficient cooling systems are critical for preserving perishable items. This is the market's largest category due to the sheer volume and variety of commercial cooling requirements. Industrial refrigeration is the fastest-growing market, driven by rising demand for large-scale cooling solutions in industries such as food processing, pharmaceuticals, and chemical manufacturing. The rise of cold chain logistics, the demand for energy-efficient, high-capacity refrigeration systems in industrial applications, are driving strong growth in this segment.

Refrigeration Compressor Market, By Geography

North America

Europe

Asia Pacific

Rest of the World

On the basis of Geography, the Global Refrigeration Compressor Market is classified into North America, Europe, Asia Pacific, and the Rest of the World. The Asia Pacific region is projected to dominate the refrigeration compressor market due to its vast population, increasing urbanization, and rising disposable income. However, North America is expected to see the fastest expansion in the future years, owing to increased adoption of energy-efficient technologies and rising environmental awareness.

Key Players

The "Global Refrigeration Compressor Market" study report will provide valuable insight with an emphasis on the global market. The major players in the market are Nidec Corp., Emerson Electric Co., GEA Group AG, The Danfoss Group, Midea Group, Tecumseh Products Co. LLC, Mitsubishi Electric Corp., LG Electronics, Inc., Panasonic Corp., Frascold S.p.A., Johnson Controls-Hitachi Air Conditioning, and Carrier Corp. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

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, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

• Refrigeration Compressor Market Recent Developments
• In July 2023, Nidec purchased Houma Armature Works, a US-based motor and generator service supplier.
• In July 2023, Emerson launched the healthcare industry's first integrated manifold solution for respiratory therapy equipment.
• In July 2023, Mitsubishi Electric's M.E. Innovation Fund made an investment in Hydroleap Pte Ltd.
• In March 2022, South Korean electronics giant Samsung announced a USD 201.67 million investment to establish a new plant in Tamil Nadu, India, to produce refrigerator compressors. The new factory, which will cover 22 acres, will be capable of producing 8 million compressor units, with plans to expand in the future.

TABLE OF CONTENTS

1. Introduction

• Market Definition
• Market Segmentation
• Research Methodology

2. Executive Summary

• Key Findings
• Market Overview
• Market Highlights

3. Market Overview

• Market Size and Growth Potential
• Market Trends
• Market Drivers
• Market Restraints
• Market Opportunities
• Porter's Five Forces Analysis

4. Refrigeration Compressor Market, By Type

• Reciprocating compressors
• Rotary compressors
• Screw compressors
• Centrifugal compressors

5. Refrigeration Compressor Market, By Application

• Domestic
• Commercial
• Industrial

6. Regional Analysis

• North America
• United States
• Canada
• Mexico
• Europe
• United Kingdom
• Germany
• France
• Italy
• Asia-Pacific
• China
• Japan
• India
• Australia
• Latin America
• Brazil
• Argentina
• Chile
• Middle East and Africa
• South Africa
• Saudi Arabia
• UAE

7. Market Dynamics

• Market Drivers
• Market Restraints
• Market Opportunities
• Impact of COVID-19 on the Market

8. Competitive Landscape

• Key Players
• Market Share Analysis

9. Company Profiles

• Nidec Corp.
• Emerson Electric Co.
• GEA Group AG
• The Danfoss Group
• Midea Group
• Tecumseh Products Co. LLC
• Mitsubishi Electric Corp.
• LG Electronics Inc.
• Panasonic Corp.
• Frascold S.p.A.
• Johnson Controls-Hitachi Air Conditioning
• Carrier Corp

10. Market Outlook and Opportunities

• Emerging Technologies
• Future Market Trends
• Investment Opportunities

11. Appendix

• List of Abbreviations
• Sources and References