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HVAC Centrifugal Compressors Market Share

  • Report ID: GMI2405
  • Published Date: Feb 2018
  • Report Format: PDF

HVAC Centrifugal Compressors Market Share

Some of the players in the HVAC centrifugal compressors market share include

  • Atlas Copco
  • Hitachi
  • Danfoss
  • Mitsubishi Heavy Industries
  • SKF

Rising electricity consumption and increasing demand for environmentally-sustainable processes will support the penetration of modern technologies. Other participants are

  • Celeroton
  • Howden Group
  • Ingersoll Rand
  • GFA Compressors
  • Elliott Group

 Intense competition, surging energy expenses, and aggressive sustainability goals by government putting pressure on facility owners to accomplish greater productivity and industry standards.
 

Major manufacturing companies are anticipated to invest in technological advancements & increase their R&D activities to gain a competitive advantage over the projected timeframe. For instance, Bharat Heavy Electricals Limited has a strategic alliance with GE Oil & Gas’ Italian entity, Nuovo Pignone, to manufacture higher size centrifugal systems by 2020.

Authors: Kiran Pulidindi

Frequently Asked Questions (FAQ) :

The market size of HVAC centrifugal compressors was crossed USD 900 million in 2016.

The industry share of HVAC centrifugal compressors is anticipated to register more than 2% CAGR from 2017 to 2024.

Increasing concerns regarding energy security and rising demand for better refrigeration and air conditioning may serve to boost the requirement for these compressors.

MEA is expected to emerge as a vital growth ground for these compressors, given the rising industrialization trends in the region and increasing government support.

Chillers may depict an appreciable demand for these compressors given the rising demand for modern HVAC systems offering reliability, comfort, and cost-friendly solutions.

Heat pumps will be a viable application avenue for HVAC centrifugal compressors industry, on account of the fact that these systems provide appropriate pressure ratio, enhanced reliability, and pressure control.

HVAC Centrifugal Compressors Market Scope

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Premium Report Details

  • Base Year: 2016
  • Companies covered: 10
  • Tables & Figures: 262
  • Countries covered: 28
  • Pages: 220
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