Industrial Condensing Units Market Outlook - 2025 to 2035

The Industrial Condensing Units Market is estimated to be valued at USD 13.7 billion in 2025 and is projected to reach USD 22.7 billion by 2035, registering a compound annual growth rate (CAGR) of 5.2% over the forecast period.

Quick Stats for Industrial Condensing Units Market

  • Industrial Condensing Units Market Industry Value (2025): USD 13.7 billion
  • Industrial Condensing Units Market Forecast Value (2035): USD 22.7 billion
  • Industrial Condensing Units Market Forecast CAGR: 5.2%
  • Leading Segment in Industrial Condensing Units Market in 2025: Water Cooled (52.9%)
  • Key Growth Region in Industrial Condensing Units Market: North America, Asia-Pacific, Europe
  • Top Key Players in Industrial Condensing Units Market: Emerson Electric Co., The Danfoss Group, Mitsubishi Electric Corporation, GEA Group AG, BITZER SE, Johnson Controls–Hitachi AC, Daikin Applied Systems Co. Ltd., Hasegawa Refrigeration Ltd., Arneg Group, Cryogiam Srl, True Manufacturing Co. Inc., Aireadle Air Conditioning, Embraco, Tecumseh Products Company LLC, Heatcraft Worldwide Refrigeration, Kolpak-Welbilt
MetricValue
Industrial Condensing Units Market Estimated Value in (2025 E)USD 13.7 billion
Industrial Condensing Units Market Forecast Value in (2035 F)USD 22.7 billion
Forecast CAGR (2025 to 2035)5.2%

Rationale for Segmental Growth in the Industrial Condensing Units Market

Market Overview:

The industrial condensing units market is expanding steadily due to increasing demand for efficient cooling solutions in various industrial applications. Industry reports have highlighted the growing preference for energy-efficient technologies that reduce operational costs and comply with environmental regulations.

Water-cooled technology has gained traction for its superior heat dissipation and suitability in large-scale refrigeration systems. Industrial sectors, particularly those relying on indoor refrigeration such as food processing and pharmaceuticals, have driven demand due to the need for precise temperature control and reliable equipment.

Additionally, the trend of expanding manufacturing facilities and new infrastructure developments has spurred growth in new installations. Technological advancements in condensing units that improve performance and lower emissions are expected to further boost market adoption. Segment growth is anticipated to be led by water-cooled technology, indoor-based refrigeration applications, and new installations.

Segmental Analysis:

The market is segmented by Technology, Application, Installation, End Use, Compressor Type, Sales Channel, and Capacity and region. By Technology, the market is divided into Water Cooled and Air Cooled. In terms of Application, the market is classified into Indoor-based Refrigeration and Outdoor-based Refrigeration. Based on Installation, the market is segmented into New Installation and Retrofit. By End Use, the market is divided into Domestic Appliances, Indoor Based Air Conditioners, Commercial Refrigeration, and Industrial Refrigeration. By Compressor Type, the market is segmented into Reciprocating, Screw, Centrifugal, Rotary, and Scroll. By Sales Channel, the market is segmented into OEM and Aftermarket. By Capacity, the market is segmented into Up to 1 kW, 2 – 10 kW, 11 – 40 kW, and Above 40 kW. Regionally, the market is classified into North America, Latin America, Western Europe, Eastern Europe, Balkan & Baltic Countries, Russia & Belarus, Central Asia, East Asia, South Asia & Pacific, and the Middle East & Africa.

Insights into the Technology Segment: Water Cooled

The water-cooled technology segment is projected to hold 52.9% of the industrial condensing units market revenue in 2025, leading technology adoption. This preference has been driven by water-cooled units’ ability to provide efficient heat transfer, especially in environments where space constraints limit air-cooled system performance.

The cooling efficiency of water-cooled units reduces energy consumption, helping industries meet stricter environmental and energy-saving regulations. Moreover, water-cooled systems are favored in large industrial setups where consistent and reliable refrigeration is critical.

These units also offer benefits in terms of quieter operation and longer equipment lifespan, which adds to their appeal. As industries continue to prioritize sustainability and operational efficiency, the water-cooled technology segment is expected to remain dominant.

Insights into the Application Segment: Indoor-based Refrigeration

The indoor-based refrigeration application segment is projected to account for 56.8% of the market revenue in 2025, maintaining its lead in usage. This segment’s growth is linked to the expanding need for temperature-controlled environments in sectors like food storage, cold chain logistics, and pharmaceuticals.

Indoor refrigeration systems require reliable and precise cooling to maintain product quality and comply with safety standards. Growing consumer demand for fresh and perishable goods has increased the deployment of industrial condensing units in warehouses and processing facilities.

The indoor setting also allows for optimized system design and maintenance, further supporting this segment’s growth. With the rise of e-commerce and cold supply chains, indoor-based refrigeration remains crucial for industrial refrigeration needs.

Insights into the Installation Segment: New Installation

The new installation segment is expected to contribute 61.2% of the industrial condensing units market revenue in 2025, marking it as the primary installation category. Market expansion is being driven by ongoing industrial growth and infrastructure projects requiring the deployment of modern refrigeration systems.

New constructions in manufacturing plants, cold storage warehouses, and food processing units have increased the demand for condensing units. The installation of new units allows industries to leverage the latest technology advancements, improving energy efficiency and compliance with regulations.

Replacement and retrofit installations continue but new installation projects dominate due to increasing industrialization, particularly in emerging markets. The focus on long-term operational cost savings and environmental standards supports the continued preference for new installations.

How The Market Progressed Till June 2022?

Market Statistics Details
H1,2024 (A) 5.0%
H1,2025 Projected (P) 5.1%
H1,2025 Outlook (O) 4.8%
BPS Change : H1,2025 (O) - H1,2025 (P) (-) 30 ↓
BPS Change : H1,2025 (O) - H1,2024 (A) (-) 16 ↓

Future Market Insights presents a half-year comparison and insightful analysis of the industrial condensing unit's market growth outlook. Rapid industrialization, urbanization, changing weather conditions, infrastructure developments, and increasing demand from the residential, industrial, and commercial sectors are some of the influences driving the global industrial condensing units market.

The construction industry, as well as the growing hotel, restaurants, and cafes around the world, are enhancing the sales.

The global sales for industrial condensing units witnessed a growth rate of 5.0% over the first half of 2024, as compare to the current estimation, the market had witness a decline of 16 bps points. Further the market growth outlook is expecdt to witness a decrease in the growth rate of 30 BPS as compare to the earlier projecetions for the first half of 2025.

This decrease in the growth outlook is mainly attribute to shutdown of a large area in China, as the country accounts for a key share of the market, overall growth had been impacted to a certain extent.

The rising need for advanced refrigeration across various application areas such as hospitals, power plants, transportation containers, and cooling systems is anticipated to create lucrative prospects within the industrial condensing units market. The year-over-year growth of the market is expected to increase in the coming years.

The development of novel industrial condensing units with low carbon emission potential refrigerants, good energy performance ratios, and trouble-free installation has been aided by advancements in condensing technology is expected to remain a key market trend.

2013 to 2020 Industrial Condensing Units Market Outlook Compared to 2025 to 2035 Forecast

The global industrial condensing units market is set to grow at a steady CAGR of 5.2% between 2025 and 2035, in comparison to the 5.0% CAGR registered from 2013 to 2024.

As per FMI, rapid industrialization, changing weather conditions, increasing expenditure on infrastructure development and surging demand from the industrial, residential and commercial sectors are some of the factors driving the global industrial condensing units market.

Expansion of the construction industry along with the booming HoReCa sector across the globe is boosting the sales in the market.

Growing need for advanced refrigeration across various application areas such as hospitals, power plants, transportation containers and cooling systems is anticipated to create lucrative prospects within the industrial condensing units market.

Advancement in condensing technology has paved way for the development of innovative industrial condensing units with low GWP (global warming potential) refrigerants, high energy performance ratio and trouble-free installation. Leading manufacturers are investing in research and development to improve their product portfolios, which is expected to boost the market in the forthcoming years.

Backed by the aforementioned factors, the market volume for industrial condensing units market is set to expand 1.3X through 2035.

Will Surging Demand for Commercial Refrigeration Continue to Boost Sales?

Expansion of the commercial sector across both developed and developing countries due to increasing investment, growing population, rapid urbanization, and economic boom is expected to have a profound impact on the industrial condensing units market.

Rising number of retail stores, restaurants, warehouses, offices, data centers and hotels is spurring demand for industrial condensing units.

Growing food insecurity issue due to excessive wastage of food is prompting manufacturers to adopt better storage facilities. According to the Food and Agriculture Organization of the United Nations, an estimated 1/3 (approx. 1.3 billion tonnes) food produced globally is lost or goes to waste.

Lack of better storage and cooling facilities mainly at the early stages of food value chain is one of the major factors which increases food waste. To address this issue, large number of industrial condensing units are being employed across retail stores, colling facilities, transportation containers, restaurants, and warehouses.

These units provide a suitable temperature and help to extend the shelf life of food products.

Similarly, adoption of industrial condensing units in commercial buildings and data centers will continue to create growth prospects within the industrial condensing units market over the forecast period.

Country-wise Insights

Why is the India Industrial Condensing Units Market Witnessing High Demand?

Booming Real Estate Sector is Boosting Sales of Industrial Condensing Units in India

India is emerging as one of the most lucrative markets for industrial condensing units across South Asia. Increasing need for energy saving refrigerant condensing units in industrial and commercial sectors, presence of leading domestic and international market players, and changing climatic conditions are some of the factors driving the India industrial condensing units market.

With rising population and growing food concerns, the Indian government is putting various efforts to develop the country's industrial and commercial infrastructure. Expansion of real estate industry is playing a key role in driving the industrial condensing units market.

The Indian real estate sector has witnessed significant growth in recent times due to increasing establishments of office as well as residential spaces According to the Indian Brand Equity Foundation (IBEF), real estate sector in India, comprising housing, retail, hospitality and commercial sub sectors, is projected to reach around USD 1 trillion by 2035.

Rising adoption of industrial condensing units across diverse applications such as blood banks, food storage facilities, pharmacies and retail stores is anticipated to boost the growth of industrial condensing units market in India during the forecast period.

As per FMI, the South Asia industrial condensing units market, spearheaded by India is set to expand at a robust CAGR of 7.5% between 2025 and 2035.

What is the Growth Projection for the USA Industrial Condensing Units Market?

Rising Food Waste Concerns are Boosting Sales in the USA Industrial Condensing Units Market

Owing to rapid industrialization, heavy presence of leading market players and surging demand for commercial refrigeration, the USA will continue to remain the hub of industrial condensing units during the forecast period.

Rising disposable income coupled with changing lifestyle is creating huge demand for processed and packaged food items across the country. However, unsuitable temperature during transportation and storage of food items is resulting in the food wastage.

According to the United States Department of Agriculture (USDA), around 30-40% of the food supply is lost or goes to waste in the USA in order to minimize this loss, large number of industrial condensing units are being employed in food manufacturing industry, retail stores, transportation containers, restaurants and hotels. This is in turn accelerating the growth in the market.

Moreover, continuous advancement in refrigeration technology along with increasing adoption of modern ecofriendly industrial condensing units across diverse industries will continue to boost the growth in the USA market over the forecast period.

Based on the aforementioned factors, a CAGR of 4.5% has been predicted for North America industrial condensing units market between 2025 and 2035.

How will the Growth Unfold in the China Industrial Condensing Units Market?

China is estimated to account for the lion’s share in the East Asia condensing units market, in terms of value. The government of China is encouraging the use of natural refrigerants in many applications. These refrigerants are particularly preferred in heat pumps, room air conditioners, industrial and commercial uses.

The construction industry forms an important pillar of the China's national economy. Rapid industrialization, urbanization and growth of commercial sector are creating significant demand for better cooling and refrigeration systems such as HVAC.

Technological advancements across the country have paved way for the development of advanced air conditioning units with low noise, high efficiency, and cost-effective features.

Amid increasing adoption for industrial conditioning units across most of the industrial and commercial structures in China, East Asia market is forecast to grow at a healthy CAGR of 5.6% over the forecast period.

Category-wise Insights

Why are Consumers More Inclined Towards New Installations?

Based on installation, the global industrial condensing units market is segmented into new installation and retrofit. Among these, new installation segment dominates the global industrial condensing units market and is projected to dominate the market during the forecast period.

Installation of new industrial conditioning units offer various advantages including higher efficiency, proper sizing and helps in saving money. For these reasons, majority of the people prefer new installations over retrofit.

Increasing adoption of new industrial condensing units across various end-use sectors is anticipated to boost the growth of industrial condensing units market through 2035.

Why are Air-cooled Industrial Condensing Units More Popular?

End Users Prefer Air-cooled Industrial Condensing Units in Most Cases

The air-cooled condensing segment is anticipated to grow at the highest CAGR over the forecast period. These are usually smaller in size, easy to install and require low maintenance. Moreover, they do not require cooling water for the condensing or refrigeration process. Thus, they promote the idea of water conservation.

Thanks to its various advantages, air cooled industrial condensing units remain the most preferred product across commercial applications. Additionally, scarcity of water globally is fueling the adoption of air-cooled industrial condensing units and the trend is likely to continue in the future.

Which Application Segment Leads the Industrial Condensing Units Market?

In terms of application, the outdoor-based refrigeration segment is expected to dominate the market over the forecast period.

Growing popularity of outdoor condensing units for addressing drastic climatic changes across various counties will drive the global industrial units market over the forecast period. Moreover, recent advances in outdoor condensing unit technology is positively impacting the growth in this segment.

Which End-Use Segment Dominates the Industrial Condensing Units Market?

Majority of Sales to Remain Concentrated in Commercial Refrigeration

As per FMI, commercial refrigeration segment will continue to dominate the global industrial condensing units market over the forecast period.

With increasing number of malls, hotels, restraints, offices, warehouses, and retail stores, sales of industrial condensing units are surging rapidly. These condensing units are being extensively utilized for providing advanced refrigeration across commercial applications.

Superior performance benefits offered by industrial condensing units make them a viable investment for commercial refrigeration applications. Expansion of the commercial sector across the globe, coupled with increasing adoption of industrial condensing units for food storage will continue to boost the sales during the forecast period.

Which is the Most Ideal Compressor Type for Industrial Condensing Units?

Scroll Compressor Remains the Most Preferred Type

On the basis of compressor type, the global industrial condensing units market has been segmented into reciprocating, screw, centrifugal, rotary and scroll. Among these, scroll compressor remains the most preferred type used in industrial condensing units. They have gained wide acceptance in commercial application during the last few years.

Scroll compressors run quieter and smoother than other compressor types as they have only two moving parts. The presence of lesser parts make scroll compressor energy efficient more reliable and less prone to mechanical failure.

Moreover, compactness and lightweight of scroll compressors is fueling their adoption in industrial condensing units.

Competitive Landscape

The industrial condensing units market is highly competitive in nature. Leading market players are constantly upgrading their product portfolios. Besides this, they are adopting various organic and inorganic strategies such as mergers, partnerships, collaborations and acquisitions to gain a competitive edge. For instance:

  • In April 2024, M&M Carnot Refrigeration introduced Aquilon DS, a new line of CO2 air-cooled condensing units for industrial applications. The new Aqualon DS product line enhances the company’s industrial refrigeration portfolio.
  • In February 2024, Embraco launched its new generation of condensing units for multiple applications, at the 2024 AHR Expo held in Orlando, Florida.
  • In June 2024, Nidec Global Appliance, holder of the Embraco brand of refrigeration solutions, announced the investment of 70 million dollars to leverage and set up new production lines of refrigeration compressors and condensing units in several parts of the world.
  • In April 2024, Japanese OEM Mitsubishi Electric introduced a new CO2 outdoor condensing unit, which is ideal for commercial food retail markets.

Scope of the Report

Attribute Details
Forecast Period 2025 to 2035
Historical Data Available for 2013 to 2024
Market Analysis Units for Volume and USD Million for Value
Key Regions Covered North America; Latin America; Europe; South Asia; East Asia; India; and the Middle East & Africa
Key Countries Covered The USA, Canada, Mexico, Brazil, Germany, The UK, France, Italy, Spain, Russia, Poland, China, Japan, South Korea, India, ASEAN, Turkey and South Africa
Key Segments Covered Capacity, Installation, Technology, Application, End Use, Compressor Type, and Region
Key Companies Profiled Emerson Electric Co.; Embraco; Tecumseh Products Company LLC; The Danfoss Group; Mitsubishi Electric Corporation; GEEA Group AG,; Bitzer SE; Daikin Applied Systems Co. Ltd.; Hasegawa Refrigeration Ltd.
Report Coverage Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives
Customization & Pricing Available upon Request

Industrial Condensing Units Market by Category

By Capacity:

  • Up to 1 kW
  • 2 - 10 kW
  • 11 - 40 kW
  • Above 40 kW

By Installation:

  • New Installation
  • Retrofit

By Technology:

  • Water Cooled
  • Air Cooled

By Application:

  • Indoor-based Refrigeration
  • Outdoor-based Refrigeration

By End Use:

  • Domestic Appliances
  • Indoor Based Air Conditioners
  • Commercial Refrigeration
    • Retail Stores
    • HORECA
    • Cold Storage and Warehouse
    • Office & Other Commercial Buildings
    • IT & Data Centers
  • Industrial Refrigeration

By Compressor Type:

  • Reciprocating
  • Screw
  • Centrifugal
  • Rotary
  • Scroll

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • India
  • MEA

Table of Content

  1. Executive Summary
    • Global Market Outlook
    • Demand-side Trends
    • Supply-side Trends
    • Technology Roadmap Analysis
    • Analysis and Recommendations
  2. Market Overview
    • Market Coverage / Taxonomy
    • Market Definition / Scope / Limitations
  3. Market Background
    • Market Dynamics
      • Drivers
      • Restraints
      • Opportunity
      • Trends
    • Scenario Forecast
      • Demand in Optimistic Scenario
      • Demand in Likely Scenario
      • Demand in Conservative Scenario
    • Opportunity Map Analysis
    • Product Life Cycle Analysis
    • Supply Chain Analysis
    • Investment Feasibility Matrix
    • Value Chain Analysis
    • PESTLE and Porter’s Analysis
    • Regulatory Landscape
    • Regional Parent Market Outlook
    • Production and Consumption Statistics
    • Import and Export Statistics
  4. Global Industrial Condensing Units Market Analysis 2020-2024 and Forecast, 2025-2035
    • Historical Market Size Value (USD Mn) Analysis, 2020-2024
    • Current and Future Market Size Value (USD Mn) Projections, 2025-2035
      • Y-o-Y Growth Trend Analysis
      • Absolute $ Opportunity Analysis
  5. Global Industrial Condensing Units Market Pricing Analysis 2020-2024 and Forecast 2025-2035
  6. Global Industrial Condensing Units Market Analysis 2020-2024 and Forecast 2025-2035, By Technology
    • Introduction / Key Findings
    • Historical Market Size Value (USD Mn) Analysis By Technology , 2020-2024
    • Current and Future Market Size Value (USD Mn) Analysis and Forecast By Technology , 2025-2035
      • Water Cooled
      • Air Cooled
    • Y-o-Y Growth Trend Analysis By Technology , 2020-2024
    • Absolute $ Opportunity Analysis By Technology , 2025-2035
  7. Global Industrial Condensing Units Market Analysis 2020-2024 and Forecast 2025-2035, By Application
    • Introduction / Key Findings
    • Historical Market Size Value (USD Mn) Analysis By Application, 2020-2024
    • Current and Future Market Size Value (USD Mn) Analysis and Forecast By Application, 2025-2035
      • Indoor-based Refrigeration
      • Outdoor-based Refrigeration
    • Y-o-Y Growth Trend Analysis By Application, 2020-2024
    • Absolute $ Opportunity Analysis By Application, 2025-2035
  8. Global Industrial Condensing Units Market Analysis 2020-2024 and Forecast 2025-2035, By Installation
    • Introduction / Key Findings
    • Historical Market Size Value (USD Mn) Analysis By Installation, 2020-2024
    • Current and Future Market Size Value (USD Mn) Analysis and Forecast By Installation, 2025-2035
      • New Installation
      • Retrofit
    • Y-o-Y Growth Trend Analysis By Installation, 2020-2024
    • Absolute $ Opportunity Analysis By Installation, 2025-2035
  9. Global Industrial Condensing Units Market Analysis 2020-2024 and Forecast 2025-2035, By End Use
    • Introduction / Key Findings
    • Historical Market Size Value (USD Mn) Analysis By End Use, 2020-2024
    • Current and Future Market Size Value (USD Mn) Analysis and Forecast By End Use, 2025-2035
      • Domestic Appliances
      • Indoor Based Air Conditioners
      • Commercial Refrigeration
        • Retail Stores
        • HORECA
        • Cold Storage and Warehouse
        • Office & Other Commercial Buildings
        • IT & Data Centers
      • Industrial Refrigeration
    • Y-o-Y Growth Trend Analysis By End Use, 2020-2024
    • Absolute $ Opportunity Analysis By End Use, 2025-2035
  10. Global Industrial Condensing Units Market Analysis 2020-2024 and Forecast 2025-2035, By Compressor Type
    • Introduction / Key Findings
    • Historical Market Size Value (USD Mn) Analysis By Compressor Type, 2020-2024
    • Current and Future Market Size Value (USD Mn) Analysis and Forecast By Compressor Type, 2025-2035
      • Reciprocating
      • Screw
      • Centrifugal
      • Rotary
      • Scroll
    • Y-o-Y Growth Trend Analysis By Compressor Type, 2020-2024
    • Absolute $ Opportunity Analysis By Compressor Type, 2025-2035
  11. Global Industrial Condensing Units Market Analysis 2020-2024 and Forecast 2025-2035, By Sales Channel
    • Introduction / Key Findings
    • Historical Market Size Value (USD Mn) Analysis By Sales Channel, 2020-2024
    • Current and Future Market Size Value (USD Mn) Analysis and Forecast By Sales Channel, 2025-2035
      • OEM
      • Aftermarket
    • Y-o-Y Growth Trend Analysis By Sales Channel, 2020-2024
    • Absolute $ Opportunity Analysis By Sales Channel, 2025-2035
  12. Global Industrial Condensing Units Market Analysis 2020-2024 and Forecast 2025-2035, By Capacity
    • Introduction / Key Findings
    • Historical Market Size Value (USD Mn) Analysis By Capacity, 2020-2024
    • Current and Future Market Size Value (USD Mn) Analysis and Forecast By Capacity, 2025-2035
      • Up to 1 kW
      • 2 – 10 kW
      • 11 – 40 kW
      • Above 40 kW
    • Y-o-Y Growth Trend Analysis By Capacity, 2020-2024
    • Absolute $ Opportunity Analysis By Capacity, 2025-2035
  13. Global Industrial Condensing Units Market Analysis 2020-2024 and Forecast 2025-2035, By Region
    • Introduction
    • Historical Market Size Value (USD Mn) Analysis By Region, 2020-2024
    • Current Market Size Value (USD Mn) Analysis and Forecast By Region, 2025-2035
      • North America
      • Latin America
      • Western Europe
      • Eastern Europe
      • East Asia
      • South Asia and Pacific
      • Middle East & Africa
    • Market Attractiveness Analysis By Region
  14. North America Industrial Condensing Units Market Analysis 2020-2024 and Forecast 2025-2035, By Country
    • Historical Market Size Value (USD Mn) Trend Analysis By Market Taxonomy, 2020-2024
    • Market Size Value (USD Mn) Forecast By Market Taxonomy, 2025-2035
      • By Country
        • U.S.
        • Canada
        • Mexico
      • By Technology
      • By Application
      • By Installation
      • By End Use
      • By Compressor Type
      • By Sales Channel
      • By Capacity
    • Market Attractiveness Analysis
      • By Country
      • By Technology
      • By Application
      • By Installation
      • By End Use
      • By Compressor Type
      • By Sales Channel
      • By Capacity
    • Key Takeaways
  15. Latin America Industrial Condensing Units Market Analysis 2020-2024 and Forecast 2025-2035, By Country
    • Historical Market Size Value (USD Mn) Trend Analysis By Market Taxonomy, 2020-2024
    • Market Size Value (USD Mn) Forecast By Market Taxonomy, 2025-2035
      • By Country
        • Brazil
        • Chile
        • Rest of Latin America
      • By Technology
      • By Application
      • By Installation
      • By End Use
      • By Compressor Type
      • By Sales Channel
      • By Capacity
    • Market Attractiveness Analysis
      • By Country
      • By Technology
      • By Application
      • By Installation
      • By End Use
      • By Compressor Type
      • By Sales Channel
      • By Capacity
    • Key Takeaways
  16. Western Europe Industrial Condensing Units Market Analysis 2020-2024 and Forecast 2025-2035, By Country
    • Historical Market Size Value (USD Mn) Trend Analysis By Market Taxonomy, 2020-2024
    • Market Size Value (USD Mn) Forecast By Market Taxonomy, 2025-2035
      • By Country
        • Germany
        • U.K.
        • Italy
        • Spain
        • France
        • Nordic
        • BENELUX
        • Rest of Western Europe
      • By Technology
      • By Application
      • By Installation
      • By End Use
      • By Compressor Type
      • By Sales Channel
      • By Capacity
    • Market Attractiveness Analysis
      • By Country
      • By Technology
      • By Application
      • By Installation
      • By End Use
      • By Compressor Type
      • By Sales Channel
      • By Capacity
    • Key Takeaways
  17. Eastern Europe Industrial Condensing Units Market Analysis 2020-2024 and Forecast 2025-2035, By Country
    • Historical Market Size Value (USD Mn) Trend Analysis By Market Taxonomy, 2020-2024
    • Market Size Value (USD Mn) Forecast By Market Taxonomy, 2025-2035
      • By Country
        • Russia
        • Poland
        • Hungary
        • Balkan & Baltic
        • Rest of Eastern Europe
      • By Technology
      • By Application
      • By Installation
      • By End Use
      • By Compressor Type
      • By Sales Channel
      • By Capacity
    • Market Attractiveness Analysis
      • By Country
      • By Technology
      • By Application
      • By Installation
      • By End Use
      • By Compressor Type
      • By Sales Channel
      • By Capacity
    • Key Takeaways
  18. East Asia Industrial Condensing Units Market Analysis 2020-2024 and Forecast 2025-2035, By Country
    • Historical Market Size Value (USD Mn) Trend Analysis By Market Taxonomy, 2020-2024
    • Market Size Value (USD Mn) Forecast By Market Taxonomy, 2025-2035
      • By Country
        • China
        • Japan
        • South Korea
      • By Technology
      • By Application
      • By Installation
      • By End Use
      • By Compressor Type
      • By Sales Channel
      • By Capacity
    • Market Attractiveness Analysis
      • By Country
      • By Technology
      • By Application
      • By Installation
      • By End Use
      • By Compressor Type
      • By Sales Channel
      • By Capacity
    • Key Takeaways
  19. South Asia and Pacific Industrial Condensing Units Market Analysis 2020-2024 and Forecast 2025-2035, By Country
    • Historical Market Size Value (USD Mn) Trend Analysis By Market Taxonomy, 2020-2024
    • Market Size Value (USD Mn) Forecast By Market Taxonomy, 2025-2035
      • By Country
        • India
        • ASEAN
        • Australia & New Zealand
        • Rest of South Asia and Pacific
      • By Technology
      • By Application
      • By Installation
      • By End Use
      • By Compressor Type
      • By Sales Channel
      • By Capacity
    • Market Attractiveness Analysis
      • By Country
      • By Technology
      • By Application
      • By Installation
      • By End Use
      • By Compressor Type
      • By Sales Channel
      • By Capacity
    • Key Takeaways
  20. Middle East & Africa Industrial Condensing Units Market Analysis 2020-2024 and Forecast 2025-2035, By Country
    • Historical Market Size Value (USD Mn) Trend Analysis By Market Taxonomy, 2020-2024
    • Market Size Value (USD Mn) Forecast By Market Taxonomy, 2025-2035
      • By Country
        • Kingdom of Saudi Arabia
        • Other GCC Countries
        • Turkiye
        • South Africa
        • Other African Union
        • Rest of Middle East & Africa
      • By Technology
      • By Application
      • By Installation
      • By End Use
      • By Compressor Type
      • By Sales Channel
      • By Capacity
    • Market Attractiveness Analysis
      • By Country
      • By Technology
      • By Application
      • By Installation
      • By End Use
      • By Compressor Type
      • By Sales Channel
      • By Capacity
    • Key Takeaways
  21. Key Countries Industrial Condensing Units Market Analysis
    • U.S.
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Technology
        • By Application
        • By Installation
        • By End Use
        • By Compressor Type
        • By Sales Channel
        • By Capacity
    • Canada
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Technology
        • By Application
        • By Installation
        • By End Use
        • By Compressor Type
        • By Sales Channel
        • By Capacity
    • Mexico
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Technology
        • By Application
        • By Installation
        • By End Use
        • By Compressor Type
        • By Sales Channel
        • By Capacity
    • Brazil
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Technology
        • By Application
        • By Installation
        • By End Use
        • By Compressor Type
        • By Sales Channel
        • By Capacity
    • Chile
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Technology
        • By Application
        • By Installation
        • By End Use
        • By Compressor Type
        • By Sales Channel
        • By Capacity
    • Germany
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Technology
        • By Application
        • By Installation
        • By End Use
        • By Compressor Type
        • By Sales Channel
        • By Capacity
    • U.K.
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Technology
        • By Application
        • By Installation
        • By End Use
        • By Compressor Type
        • By Sales Channel
        • By Capacity
    • Italy
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Technology
        • By Application
        • By Installation
        • By End Use
        • By Compressor Type
        • By Sales Channel
        • By Capacity
    • Spain
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Technology
        • By Application
        • By Installation
        • By End Use
        • By Compressor Type
        • By Sales Channel
        • By Capacity
    • France
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Technology
        • By Application
        • By Installation
        • By End Use
        • By Compressor Type
        • By Sales Channel
        • By Capacity
    • India
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Technology
        • By Application
        • By Installation
        • By End Use
        • By Compressor Type
        • By Sales Channel
        • By Capacity
    • ASEAN
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Technology
        • By Application
        • By Installation
        • By End Use
        • By Compressor Type
        • By Sales Channel
        • By Capacity
    • Australia & New Zealand
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Technology
        • By Application
        • By Installation
        • By End Use
        • By Compressor Type
        • By Sales Channel
        • By Capacity
    • China
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Technology
        • By Application
        • By Installation
        • By End Use
        • By Compressor Type
        • By Sales Channel
        • By Capacity
    • Japan
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Technology
        • By Application
        • By Installation
        • By End Use
        • By Compressor Type
        • By Sales Channel
        • By Capacity
    • South Korea
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Technology
        • By Application
        • By Installation
        • By End Use
        • By Compressor Type
        • By Sales Channel
        • By Capacity
    • Russia
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Technology
        • By Application
        • By Installation
        • By End Use
        • By Compressor Type
        • By Sales Channel
        • By Capacity
    • Poland
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Technology
        • By Application
        • By Installation
        • By End Use
        • By Compressor Type
        • By Sales Channel
        • By Capacity
    • Hungary
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Technology
        • By Application
        • By Installation
        • By End Use
        • By Compressor Type
        • By Sales Channel
        • By Capacity
    • Kingdom of Saudi Arabia
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Technology
        • By Application
        • By Installation
        • By End Use
        • By Compressor Type
        • By Sales Channel
        • By Capacity
    • Turkiye
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Technology
        • By Application
        • By Installation
        • By End Use
        • By Compressor Type
        • By Sales Channel
        • By Capacity
    • South Africa
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Technology
        • By Application
        • By Installation
        • By End Use
        • By Compressor Type
        • By Sales Channel
        • By Capacity
  22. Market Structure Analysis
    • Competition Dashboard
    • Competition Benchmarking
    • Market Share Analysis of Top Players
      • By Regional
      • By Technology
      • By Application
      • By Installation
      • By End Use
      • By Compressor Type
      • By Sales Channel
      • By Capacity
  23. Competition Analysis
    • Competition Deep Dive
      • Emerson Electric Co.
        • Overview
        • Product Portfolio
        • Profitability by Market Segments (Product/Age /Sales Channel/Region)
        • Sales Footprint
        • Strategy Overview
          • Marketing Strategy
          • Product Strategy
          • Channel Strategy
      • The Danfoss Group
      • Mitsubishi Electric Corporation
      • GEA Group AG
      • BITZER SE
      • Johnson Controls–Hitachi AC
      • Daikin Applied Systems Co. Ltd.
      • Hasegawa Refrigeration Ltd.
      • Arneg Group
      • Cryogiam Srl
      • True Manufacturing Co. Inc.
      • Aireadle Air Conditioning
      • Embraco
      • Tecumseh Products Company LLC
      • Heatcraft Worldwide Refrigeration
      • Kolpak-Welbilt
  24. Assumptions & Acronyms Used
  25. Research Methodology

List of Tables

  • Table 1: Global Industrial Condensing Units Market Value (USD Mn) Forecast by Region, 2020-2035
  • Table 2: Global Industrial Condensing Units Market Value (USD Mn) Forecast by Technology , 2020-2035
  • Table 3: Global Industrial Condensing Units Market Value (USD Mn) Forecast by Application, 2020-2035
  • Table 4: Global Industrial Condensing Units Market Value (USD Mn) Forecast by Installation, 2020-2035
  • Table 5: Global Industrial Condensing Units Market Value (USD Mn) Forecast by End Use, 2020-2035
  • Table 6: Global Industrial Condensing Units Market Value (USD Mn) Forecast by Compressor Type, 2020-2035
  • Table 7: Global Industrial Condensing Units Market Value (USD Mn) Forecast by Sales Channel, 2020-2035
  • Table 8: Global Industrial Condensing Units Market Value (USD Mn) Forecast by Capacity, 2020-2035
  • Table 9: North America Industrial Condensing Units Market Value (USD Mn) Forecast by Country, 2020-2035
  • Table 10: North America Industrial Condensing Units Market Value (USD Mn) Forecast by Technology , 2020-2035
  • Table 11: North America Industrial Condensing Units Market Value (USD Mn) Forecast by Application, 2020-2035
  • Table 12: North America Industrial Condensing Units Market Value (USD Mn) Forecast by Installation, 2020-2035
  • Table 13: North America Industrial Condensing Units Market Value (USD Mn) Forecast by End Use, 2020-2035
  • Table 14: North America Industrial Condensing Units Market Value (USD Mn) Forecast by Compressor Type, 2020-2035
  • Table 15: North America Industrial Condensing Units Market Value (USD Mn) Forecast by Sales Channel, 2020-2035
  • Table 16: North America Industrial Condensing Units Market Value (USD Mn) Forecast by Capacity, 2020-2035
  • Table 17: Latin America Industrial Condensing Units Market Value (USD Mn) Forecast by Country, 2020-2035
  • Table 18: Latin America Industrial Condensing Units Market Value (USD Mn) Forecast by Technology , 2020-2035
  • Table 19: Latin America Industrial Condensing Units Market Value (USD Mn) Forecast by Application, 2020-2035
  • Table 20: Latin America Industrial Condensing Units Market Value (USD Mn) Forecast by Installation, 2020-2035
  • Table 21: Latin America Industrial Condensing Units Market Value (USD Mn) Forecast by End Use, 2020-2035
  • Table 22: Latin America Industrial Condensing Units Market Value (USD Mn) Forecast by Compressor Type, 2020-2035
  • Table 23: Latin America Industrial Condensing Units Market Value (USD Mn) Forecast by Sales Channel, 2020-2035
  • Table 24: Latin America Industrial Condensing Units Market Value (USD Mn) Forecast by Capacity, 2020-2035
  • Table 25: Western Europe Industrial Condensing Units Market Value (USD Mn) Forecast by Country, 2020-2035
  • Table 26: Western Europe Industrial Condensing Units Market Value (USD Mn) Forecast by Technology , 2020-2035
  • Table 27: Western Europe Industrial Condensing Units Market Value (USD Mn) Forecast by Application, 2020-2035
  • Table 28: Western Europe Industrial Condensing Units Market Value (USD Mn) Forecast by Installation, 2020-2035
  • Table 29: Western Europe Industrial Condensing Units Market Value (USD Mn) Forecast by End Use, 2020-2035
  • Table 30: Western Europe Industrial Condensing Units Market Value (USD Mn) Forecast by Compressor Type, 2020-2035
  • Table 31: Western Europe Industrial Condensing Units Market Value (USD Mn) Forecast by Sales Channel, 2020-2035
  • Table 32: Western Europe Industrial Condensing Units Market Value (USD Mn) Forecast by Capacity, 2020-2035
  • Table 33: Eastern Europe Industrial Condensing Units Market Value (USD Mn) Forecast by Country, 2020-2035
  • Table 34: Eastern Europe Industrial Condensing Units Market Value (USD Mn) Forecast by Technology , 2020-2035
  • Table 35: Eastern Europe Industrial Condensing Units Market Value (USD Mn) Forecast by Application, 2020-2035
  • Table 36: Eastern Europe Industrial Condensing Units Market Value (USD Mn) Forecast by Installation, 2020-2035
  • Table 37: Eastern Europe Industrial Condensing Units Market Value (USD Mn) Forecast by End Use, 2020-2035
  • Table 38: Eastern Europe Industrial Condensing Units Market Value (USD Mn) Forecast by Compressor Type, 2020-2035
  • Table 39: Eastern Europe Industrial Condensing Units Market Value (USD Mn) Forecast by Sales Channel, 2020-2035
  • Table 40: Eastern Europe Industrial Condensing Units Market Value (USD Mn) Forecast by Capacity, 2020-2035
  • Table 41: East Asia Industrial Condensing Units Market Value (USD Mn) Forecast by Country, 2020-2035
  • Table 42: East Asia Industrial Condensing Units Market Value (USD Mn) Forecast by Technology , 2020-2035
  • Table 43: East Asia Industrial Condensing Units Market Value (USD Mn) Forecast by Application, 2020-2035
  • Table 44: East Asia Industrial Condensing Units Market Value (USD Mn) Forecast by Installation, 2020-2035
  • Table 45: East Asia Industrial Condensing Units Market Value (USD Mn) Forecast by End Use, 2020-2035
  • Table 46: East Asia Industrial Condensing Units Market Value (USD Mn) Forecast by Compressor Type, 2020-2035
  • Table 47: East Asia Industrial Condensing Units Market Value (USD Mn) Forecast by Sales Channel, 2020-2035
  • Table 48: East Asia Industrial Condensing Units Market Value (USD Mn) Forecast by Capacity, 2020-2035
  • Table 49: South Asia and Pacific Industrial Condensing Units Market Value (USD Mn) Forecast by Country, 2020-2035
  • Table 50: South Asia and Pacific Industrial Condensing Units Market Value (USD Mn) Forecast by Technology , 2020-2035
  • Table 51: South Asia and Pacific Industrial Condensing Units Market Value (USD Mn) Forecast by Application, 2020-2035
  • Table 52: South Asia and Pacific Industrial Condensing Units Market Value (USD Mn) Forecast by Installation, 2020-2035
  • Table 53: South Asia and Pacific Industrial Condensing Units Market Value (USD Mn) Forecast by End Use, 2020-2035
  • Table 54: South Asia and Pacific Industrial Condensing Units Market Value (USD Mn) Forecast by Compressor Type, 2020-2035
  • Table 55: South Asia and Pacific Industrial Condensing Units Market Value (USD Mn) Forecast by Sales Channel, 2020-2035
  • Table 56: South Asia and Pacific Industrial Condensing Units Market Value (USD Mn) Forecast by Capacity, 2020-2035
  • Table 57: Middle East & Africa Industrial Condensing Units Market Value (USD Mn) Forecast by Country, 2020-2035
  • Table 58: Middle East & Africa Industrial Condensing Units Market Value (USD Mn) Forecast by Technology , 2020-2035
  • Table 59: Middle East & Africa Industrial Condensing Units Market Value (USD Mn) Forecast by Application, 2020-2035
  • Table 60: Middle East & Africa Industrial Condensing Units Market Value (USD Mn) Forecast by Installation, 2020-2035
  • Table 61: Middle East & Africa Industrial Condensing Units Market Value (USD Mn) Forecast by End Use, 2020-2035
  • Table 62: Middle East & Africa Industrial Condensing Units Market Value (USD Mn) Forecast by Compressor Type, 2020-2035
  • Table 63: Middle East & Africa Industrial Condensing Units Market Value (USD Mn) Forecast by Sales Channel, 2020-2035
  • Table 64: Middle East & Africa Industrial Condensing Units Market Value (USD Mn) Forecast by Capacity, 2020-2035

List of Figures

  • Figure 1: Global Industrial Condensing Units Market Pricing Analysis
  • Figure 2: Global Industrial Condensing Units Market Value (USD Mn) Forecast 2020–2035
  • Figure 3: Global Industrial Condensing Units Market Value (USD Mn) Share and BPS Analysis by Region, 2025 and 2035
  • Figure 4: Global Industrial Condensing Units Market Y-o-Y Growth Comparison by Region, 2025–2035
  • Figure 5: Global Industrial Condensing Units Market Attractiveness Analysis by Region
  • Figure 6: North America Industrial Condensing Units Market Incremental Dollar Opportunity, 2025–2035
  • Figure 7: Latin America Industrial Condensing Units Market Incremental Dollar Opportunity, 2025–2035
  • Figure 8: Western Europe Industrial Condensing Units Market Incremental Dollar Opportunity, 2025–2035
  • Figure 9: Eastern Europe Industrial Condensing Units Market Incremental Dollar Opportunity, 2025–2035
  • Figure 10: East Asia Industrial Condensing Units Market Incremental Dollar Opportunity, 2025–2035
  • Figure 11: South Asia and Pacific Industrial Condensing Units Market Incremental Dollar Opportunity, 2025–2035
  • Figure 12: Middle East & Africa Industrial Condensing Units Market Incremental Dollar Opportunity, 2025–2035
  • Figure 13: North America Industrial Condensing Units Market Value Share and BPS Analysis by Country, 2025 and 2035
  • Figure 14: Latin America Industrial Condensing Units Market Value Share and BPS Analysis by Country, 2025 and 2035
  • Figure 15: Western Europe Industrial Condensing Units Market Value Share and BPS Analysis by Country, 2025 and 2035
  • Figure 16: Eastern Europe Industrial Condensing Units Market Value Share and BPS Analysis by Country, 2025 and 2035
  • Figure 17: East Asia Industrial Condensing Units Market Value Share and BPS Analysis by Country, 2025 and 2035
  • Figure 18: South Asia and Pacific Industrial Condensing Units Market Value Share and BPS Analysis by Country, 2025 and 2035
  • Figure 19: Middle East & Africa Industrial Condensing Units Market Value Share and BPS Analysis by Country, 2025 and 2035
  • Figure 20: Global Industrial Condensing Units Market – Tier Structure Analysis
  • Figure 21: Global Industrial Condensing Units Market – Company Share Analysis

Frequently Asked Questions

How big is the industrial condensing units market in 2025?

The global industrial condensing units market is estimated to be valued at USD 13.7 billion in 2025.

What will be the size of industrial condensing units market in 2035?

The market size for the industrial condensing units market is projected to reach USD 22.7 billion by 2035.

How much will be the industrial condensing units market growth between 2025 and 2035?

The industrial condensing units market is expected to grow at a 5.2% CAGR between 2025 and 2035.

What are the key product types in the industrial condensing units market?

The key product types in industrial condensing units market are water cooled and air cooled.

Which application segment to contribute significant share in the industrial condensing units market in 2025?

In terms of application, indoor-based refrigeration segment to command 56.8% share in the industrial condensing units market in 2025.

Explore Similar Insights

Future Market Insights

Industrial Condensing Units Market