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Transportation Condensing Units Market

Market Insights on Transportation Condensing Units covering sales outlook, demand forecast & up-to-date key trends

Transportation Condensing Units Market by Compressor Type (Reciprocating, Rotary, Scroll), Sales Channel (OEM, Aftermarket), Vehicle Type (Trucks, Trailers) & Region - Forecast to 2022 - 2032

Transportation Condensing Units Market Outlook 2022 - 2032

[220 Pages Report] Sales in the global transportation condensing units market are slated to top US$ 2.8 Bn in 2022. Expanding at a healthy 5.7% CAGR, the market size is projected to total US$ 4.87 Bn by 2032.

Attribute

Details

Transportation Condensing Units Market Estimated Size 2022

US$ 2.8 Bn

Transportation Condensing Units Market Value-based CAGR (2022-2029)

~5.7%

Transportation Condensing Units Market Size in Projected 2032

US$ 4.87 Bn

Rapid urbanization, especially in developing countries, is set to propel the demand for transportation of a wide range of goods via cold storage chain, thereby boosting sales in the market. Also, the ongoing evolution of federal policies and developments in the field of cold chain are anticipated to support the growth in the market.

Further, the ability of these units to condense a particular substance from its gaseous to liquid state through cooling, generally in chillers, heat pumps, air conditioners, and refrigerators is likely to bolster their demand in the upcoming years. These are also available in various sizes and designs, such as evaporative, air-cooled, and water-cooled transportation condensing units.

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How The Market Progressed Till June 2022?

Market Statistics

Details

H1,2021 (A)

5.4%

H1,2022 Projected (P)

5.6%

H1,2022 Outlook (O)

5.9%

BPS Change : H1,2022 (O) - H1,2022 (P)

(+) 45 ↑

BPS Change : H1,2022 (O) - H1,2021 (A)

(+) 32 ↑

A half-yearly comparison of the growth forecast for the market of transportation condensing units along with the market’s key developments has been presented by Future Market Insights. Rapid urbanization, particularly in developing nations, is expected to increase demand for cold storage chain transportation of a wide range of goods. 

It is expected to boost the development of cold supply chain and warehouse facilities, thereby propelling the demand for transportation condensing units.

The global demand for transportation condensing units witnessed a growth rate of 5.4% during the first half of 2021. The market is estimated to witness a growth rate of about 5.6% during the first half of 2022, an increase in the growth by 32 BPS points as per the current estimation.

Many foodservice providers, such as caterers and food service chains are likely to invest in the deployment of refrigerated display cases to fulfill the demand for chilled or frozen food and beverages, thereby fueling sales in the market.  

Furthermore, the ability of the transportation condensing units to condense a particular substance from its gaseous to the liquid state through cooling, generally in chillers, heat pumps, air conditioners, and refrigerators is likely to bolster their demand in the upcoming years.

Increasing concerns regarding the safety of perishable food and beverages, such as milk, eggs, cottage cheese, sour cream, fresh fruits, chicken, sauces, mushrooms, beef, and bread among consumers are likely to be the key challneges faced by transportation condensing units.

2014-2021 Transportation Condensing Units Market Outlook in Comparison to 2022-2032 Growth Forecast

The transportation condensing units market is expected to register a 5.7% CAGR between 2022 and 2032, up from the 5.4% CAGR recorded during 2014-2021.

Rapid expansion of the food and beverage industry across the globe is anticipated to drive the market in the near future. It is expected to boost the development of cold supply chain and warehouse facilities, thereby propelling the demand for transportation condensing units.

Moreover, many foodservice providers, such as caterers and foodservice chains are likely to invest in the deployment of refrigerated display cases to fulfill the demand for chilled or frozen food and beverages, thereby fueling sales in the market.  

As per the American Frozen Food Institute (AFFI), in 2020, the share of core frozen food consumers surged by 39% from 35% in 2018 because of the COVID-19 pandemic. Additionally, the sales of frozen seafood grew by 35.3%, poultry by 34.7%, and appetizers by 28.9% in the same year. The trend is expected to continue in both developed and developing countries owing to the busy lifestyle of people, thereby driving the market.

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How is the Prevalence of Foodborne Diseases Boosting Sales?

Increasing concerns regarding the safety of perishable food and beverages, such as milk, eggs, cottage cheese, sour cream, fresh fruits, chicken, sauces, mushrooms, beef, and breads among consumers is likely to propel the demand for transportation condensing units worldwide.

Perishable food and beverages need to be refrigerated at 40 °F or below to prevent decay and spoilage. Transportation condensing units help in slowing down the growth of bacteria in these food items and prevent the occurrence of foodborne illnesses.

As per the World Health Organization (WHO), every year, around 600 million cases of foodborne diseases and 420,000 deaths occur worldwide owing to the consumption of unsafe food. The organization also predicted that 33 million years of healthy lives are lost each year because of unsafe food worldwide. To reduce the prevalence of these diseases, the adoption of transportation condensing units is projected to surge in the forthcoming years.

Country-wise Insights

What are the Key Drivers of the U.S. Transportation Condensing Units Market?

The presence of numerous frozen food and beverage manufacturers is likely to accelerate demand in the U.S. over the forthcoming years. North America transportation condensing units market is expected to account for 39.6% of the share in 2022, finds FMI.

Besides this, increasing government initiatives to encourage manufacturers to expand their production capacities and geographic presence is another vital factor supporting the U.S. market.

In November 2021, for instance, Governor Ralph Northam of Virginia announced that Nature's Touch Frozen Foods is planning to invest US$ 40.3 million to broaden its presence in Warren County. The company’s new facility will be built by InterChange Group and raw materials will be directly imported to the facility for processing. The Governor mentioned that this would help in reaching out to customers worldwide through the Port of Virginia and create new jobs in the area.

Backed these factors, the U.S. transportation condensing units market is projected to grow at a considerable pace over the assessment period.

How is the U.K. Transportation Condensing Units Market Faring?

Increasing implementation of stringent norms by the government to regulate the transportation of perishable food is expected to augment the market in the U.K. Europe transportation condensing units market is anticipated to generate approximately 32.5% of the share in 2022, says FMI.

The Government of the U.K. has updated its law regarding the transportation of perishable food in or out of the country by trailers, trucks, and heated or refrigerated vans in October 2019. It has set out the number of documents that drivers need to carry to prove their vehicles meet the standards, the temperatures of various foods that are being transported, and the signs that need to be present on these vehicles. Thus, the implementation of various stringent laws by the government to provide high-quality perishable food to customers is likely to boost the market in the U.K.

Will China Transportation Condensing Units Market Exhibit High Demand?

China is estimated to grow at a steady pace backed by its rapid transition to a consumer-driven economy. As per FMI, East Asia transportation condensing units market is likely to account for 9.6% of the share in 2022.

Further, the ongoing expansion of cold storage facilities, as well as increasing import and export activities in China is set to augment the growth. For instance, the port of Manzhouli, which is a major trade hub between China and Russia, is expected to fully resume trade after partial disruptions because of the COVID-19 pandemic. The resumption of other ports and trade hubs in China is anticipated to boost the market in the forthcoming years.

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Category-wise Insights

Which Cooling Capacity is Showcasing the Highest Growth?

“Urgent Need to Lower Emissions is Boosting Demand for 10-15 KW Transportation Condensing Units”

By cooling capacity, the 10 - 15 KW segment is estimated to lead the market in terms of the transportation condensing units market share in the near future. Increasing implementation of numerous rules by government bodies in various countries to regulate the usage of conventional condensing units is expected to boost sales in this segment.

According to the researchers of Brunel University, in the U.K., the commercial food sector, including food manufacturing, transport, agriculture, and retailing is responsible for about 22% of the total greenhouse gas emissions. Thus, to lower emissions in the environment, manufacturers are developing static refrigeration units of 10 - 15 KW cooling capacity, which is expected to drive growth in this segment.

Why are Sales of Scroll Compressors Gaining Traction?

“Zero Pulsation Property to Raise Adoption of Scroll Compressors in Transportation Condensing Units”

In terms of compressor type, the scroll segment is projected to remain dominant in the transportation condensing units market. As scroll compressors have excellent individual part-load and full-load efficiency, they are mainly preferred by manufacturers of transportation condensing units.

Additionally, continuous compression process with almost no vibration or pulsation is another factor which is expected to fuel the demand for spiral or scroll compressors. On top of that, these compressors have relatively lesser movable parts and provide lower vibration levels, compared to the others, which is estimated to bolster their demand in the forecast period.

Which is the Most Preferred Sales Channel?

“Availability of Customization to Propel Demand for Transportation Refrigeration Units from OEMs”

Based on sales channel, the OEM segment is anticipated to command a lion’s share in the transportation condensing units market. OEMs are developed by and for the manufacturers of trucks and trailers. They also help in monitoring the on-time delivery performance closely.

In addition, the increasing demand for customized transportation vehicles with state-of-the-art features, especially in developed economies is likely to propel the growth in this segment. Besides this, companies can save on capital costs spent to procure factory space and machinery by outsourcing manufacturing. These factors are expected to continue pushing sales over the forthcoming years.

Which is the Leading Vehicle Type in the Transportation Condensing Units Market?

“Food Manufacturing Companies are Preferring Trailers Equipped with Refrigeration Units”

Based on vehicle type, the trailers segment is expected to remain at the forefront in the transportation condensing units market over the forecast period. Growth is attributable to surging demand for refrigerated trailers to transport perishable food in a temperature-controlled environment.

Besides this, growing trend of online shopping and the rising demand for fresh fruits and dairy products across the globe are likely to drive the adoption of trailers for the transpotation of these products. Many food manufacturing companies are also using advanced trailers equipped with transportation condensing units to cater to the high demand for chilled food items.

Competition Landscape

The transportation condensing units market is highly consolidated. Strategic efforts of many key players are concentrated in maintaining a high sustainability quotient, planning innovative product launches, and making improved designs of condensing units. Meanwhile, some of the other companies are focusing on expanding their manufacturing capacities, creating strong distribution networks, and entering the emerging markets by assessing the demand patterns. For instance:

  • In January 2022, CCC Holdings Europe S.p.A., a private equity firm based in Italy, acquired Kobol, a Spain-based manufacturer of ventilated units, such as evaporators, condensers, gas coolers, dry coolers, and condensing units. This acquisition would enable CCCHE to expand its existing ventilated unit product portfolio and provide its customers with energy-efficient and natural solutions.
  • In June 2021, Nidec Global Appliance, a Japanese manufacturer and distributor of electric motors, announced its plan to invest about US$ 70 million in the development of new production lines for its Embraco brand condensing units and compressors, including isobutane (R600a) and propane (R290) models.
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Scope of Report

Attribute

Details

Forecast Period

2022-2032

Historical Data Available for

2014-2021

Market Analysis

Units for Volume and US$ Bn for Value

Key Regions Covered

North America, Latin America, Europe, South Asia, East Asia, Oceania, and the Middle East & Africa.

Key Countries Covered

United States, Canada, Brazil, Mexico, Germany, UK, France, Italy, Spain, Nordic, Russia, Poland, China, India, Thailand, Indonesia, Australia and New Zealand, Japan, GCC countries, North Africa, South Africa, others.

Key Market Segments Covered

Cooling Capacity, Compressor Type, Sales Channel, Vehicle Type, and Region

Key Companies Profiled

  • Ingersoll-Rand plc. (Thermo King)
  • Carrier Corporation (UTC Climate)
  • Emerson Electric Co.
  • Patton International Limited
  • Danfoss
  • Rivacold UK Ltd.
  • Jinan Retek Industries Inc.
  • GEA Group Aktiengesellschaft
  • ADVANSOR A/S
  • Heatcraft Worldwide Refrigeration
  • Frigo S.p.A.
  • Voltas
  • Bitzer SE

Pricing

Available upon Request

Transportation Condensing Units Market by Category

By Cooling Capacity:

  • Below 5 KW
  • 5 - 10 KW
  • 10 - 15 KW
  • 5.3.4. Above 15 KW

By Compressor Type:

  • Reciprocating
  • Rotary
  • Scroll

By Sales Channel:

  • OEM
  • Aftermarket

By Vehicle Type:

  • Trucks
  • Trailers

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia and Oceania
  • East Asia
  • Middle East & Africa (MEA)

Frequently Asked Questions

The global transportation condensing units market is expected to reach a valuation of US$ 2.8 Bn in 2022.

The global transportation condensing units market grew at a healthy 5.4% CAGR between 2013 and 2021.

The increasing demand for frozen food and the expansion of cold storage facilities are the key trends boosting the sales of transportation condensing units.

Milwaukee Tool, Alfred Kärcher SE & Co. KG, Makita Corporation, Hilti Group, Robert Bosch GmbH, DeWalt, Nilfisk Inc., and Panasonic Corporation are some of the leading players present in the global transportation condensing units market.

The transportation condensing units market in North America is anticipated to account for 39.6% of the share in 2022.

The Europe transportation condensing units market is projected to account for 32.5% of the share in the forecast period.

Table of Content

1. Executive Summary

      1.1. Global Market Outlook 

      1.2. Demand Side Trends 

      1.3. Supply Side Trends 

      1.4. Analysis and Recommendations 

      1.5. Global Transportation Condensing Units Market: Long-term Strategies for Lucrative Growth

      1.6. Global Transportation Condensing Units Market Analysis – Key Conclusions

      1.7. Key Success Factors

2. Market Introduction 

      2.1. Market Coverage/Taxonomy

      2.2. Market Definition/Scope/Limitations 

3. Market Background

      3.1. Macro-Economic Factors

            3.1.1. Overall Economic Outlook

            3.1.2. Global Population Overview

            3.1.3. Real GDP Growth

            3.1.4. Industry-Value Added Growth

            3.1.5. Global GDP by Region

            3.1.6. Global Construction Industry Snapshot

            3.1.7. Global Automotive Production, by Region

            3.1.8. Global Energy Consumption

            3.1.9. Annual Household Expenditure Overview

      3.2. Truck and Trailer Production Outlook

      3.3. Europe’s Trailer Sales and Production Market

      3.4. European Semi-trailers Manufacturers’ Market Shares

      3.5. Europe and North America Trailers Manufacturers’ Market Shares

      3.6. Global Capacity of Refrigerated Warehouses: Overview 

      3.7. Consumer Spending and Refrigerated Warehouses: Overview

      3.8. Global Manufacturing Output Analysis

      3.9. Demographic Outlook

      3.10. Urban Population Growth Outlook

      3.11. India Market Analysis – Key Growth Region

      3.12. Forecast Factors: Relevance and Impact 

      3.13. Value Chain 

      3.14. Market Dynamics

            3.14.1. Drivers

            3.14.2. Restraints

            3.14.3. Trends

            3.14.4. Opportunity Analysis

      3.15. Emerging Trends in Cold Chain Industry

      3.16. Refrigerant Regulations

      3.17. Economics – Refrigerated Truck and Trailers 

      3.18. Advantages of Compressors

      3.19. Key Components Used and Structure of Refrigerated Trucks

      3.20. Inefficiencies in the Food Supply Chain

      3.21. Cold Chain Logistics Industry Value Chain

      3.22. Government Food and Logistics Regulatory Scenario

      3.23. Role of Refrigerated Trailer in Cold Chain

      3.24. Process of Cold Chain 

4. Market Forecast 

      4.1. Global Transportation Condensing Units Market Volume (Units) Analysis 2014–2021 and Forecast 2022–2029

      4.2. Pricing Analysis

      4.3. Global Transportation Condensing Units Market Value (US$ Mn) Analysis 2014–2021 and Forecast 2022–2029

5. Global Transportation Condensing Units Market Analysis 2014–2021 and Forecast 2022–2029, by Cooling Capacity

      5.1. Introduction / Key Findings 

      5.2. Historical Aftermarket Size (US$ Mn) and Volume Analysis by Cooling Capacity, 2014 - 2021 

      5.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast by Cooling Capacity, 2022 - 2022

            5.3.1. Below 5 KW

            5.3.2. 5 - 10 KW

            5.3.3. 10 - 15 KW

            5.3.4. Above 15 KW

      5.4.  Market Attractiveness Analysis by Cooling Capacity 

6. Global Transportation Condensing Units Analysis 2014–2021 and Forecast 2022–2029 by Compressor Type

      6.1. Introduction / Key Findings 

      6.2. Historical Aftermarket Size (US$ Mn) and Volume Analysis by Compressor Type, 2014 - 2021 

      6.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast by Compressor Type, 2022 - 2022

            6.3.1. Reciprocating

            6.3.2. Rotary

            6.3.3. Scroll

      6.4. Market Attractiveness Analysis by Compressor Type

7. Global Transportation Condensing Units Analysis 2014–2021 and Forecast 2022–2029 by Sales Channel 

      7.1. Introduction / Key Findings 

      7.2. Historical Aftermarket Size (US$ Mn) and Volume Analysis by Sales Channel, 2014 - 2021 

      7.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast by Sales Channel, 2022 - 2022

            7.3.1. OEM 

            7.3.2. Aftermarket 

      7.4. Market Attractiveness Analysis by Sales Channel 

8. Global Transportation Condensing Units Analysis 2014–2021 and Forecast 2022–2029 by Vehicle Type 

      8.1. Introduction / Key Findings 

      8.2. Historical Aftermarket Size (US$ Mn) and Volume Analysis by Vehicle Type, 2014 - 2021 

      8.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast by Vehicle Type, 2022 - 2022

            8.3.1. Trucks

            8.3.2. Trailers

      8.4. Market Attractiveness Analysis by Vehicle Type

9. Global Transportation Condensing Units Analysis 2014–2021 and Forecast 2022–2029 by Region

      9.1. Introduction / Key Findings 

      9.2. Historical Aftermarket Size (US$ Mn) and Volume Analysis by Region, 2014 - 2021 

      9.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast by Region, 2022 - 2022

            9.3.1. North America

            9.3.2. Europe

            9.3.3. Latin America

            9.3.4. East Asia

            9.3.5. South Asia and Oceania

            9.3.6. Middle East & Africa   

      9.4. Market Attractiveness Analysis by Region

10. North America Transportation Condensing Units Analysis 2014–2021 and Forecast 2022–2029

      10.1. Introduction

      10.2. Historical Aftermarket Size (US$ Mn) and Volume Trend Analysis by Market Taxonomy, 2014 – 2021

      10.3. Market Size (US$ Mn) and Volume Forecast by Market Taxonomy, 2022 – 2029

            10.3.1. by Country

                   10.3.1.1. U.S.

                   10.3.1.2. Canada

            10.3.2. by Cooling Capacity

            10.3.3. by Compressor Type

            10.3.4. by Sales Channel

            10.3.5. by Vehicle Type 

      10.4. Market Attractiveness Analysis

            10.4.1. by Country

            10.4.2. by Cooling Capacity

            10.4.3. by Compressor Type

            10.4.4. by Sales Channel

            10.4.5. by Vehicle Type

      10.5. Key Market Participants – Intensity Mapping

11. Latin America Transportation Condensing Units Analysis 2014–2021 and Forecast 2022–2029

      11.1. Introduction

      11.2. Historical Aftermarket Size (US$ Mn) and Volume Trend Analysis by Market Taxonomy, 2014 – 2021

      11.3. Market Size (US$ Mn) and Volume Forecast by Market Taxonomy, 2022 – 2029

            11.3.1. by Country

                   11.3.1.1. Brazil

                   11.3.1.2. Mexico 

                   11.3.1.3. Rest of Latin America

            11.3.2. by Cooling Capacity

            11.3.3. by Compressor Type

            11.3.4. by Sales Channel

            11.3.5. by Vehicle Type

      11.4. Market Attractiveness Analysis

            11.4.1. by Country

            11.4.2. by Cooling Capacity

            11.4.3. by Compressor Type

            11.4.4. by Sales Channel

            11.4.5. by Vehicle Type 

      11.5. Key Market Participants – Intensity Mapping

12. Europe Transportation Condensing Units Analysis 2014–2021 and Forecast 2022–2029

      12.1. Introduction

      12.2. Historical Aftermarket Size (US$ Mn) and Volume Trend Analysis by Market Taxonomy, 2014 – 2021

      12.3. Market Size (US$ Mn) and Volume Forecast by Market Taxonomy, 2022 – 2029

            12.3.1. by Country

                   12.3.1.1. Germany

                   12.3.1.2. France

                   12.3.1.3. Spain

                   12.3.1.4. Italy

                   12.3.1.5. U.K.

                   12.3.1.6. BENELUX

                   12.3.1.7. Russia

                   12.3.1.8. Poland

                   12.3.1.9. Rest of Europe 

            12.3.2. by Cooling Capacity

            12.3.3. by Compressor Type

            12.3.4. by Cable Material

            12.3.5. by Sales Channel

            12.3.6. by Vehicle Type 

      12.4. Market Attractiveness Analysis

            12.4.1. by Country

            12.4.2. by Cooling Capacity

            12.4.3. by Compressor Type

            12.4.4. by Sales Channel

            12.4.5. by Vehicle Type 

      12.5. Key Market Participants – Intensity Mapping

13. East Asia Transportation Condensing Units Analysis 2014–2021 and Forecast 2022–2029

      13.1. Introduction

      13.2. Historical Aftermarket Size (US$ Mn) and Volume Trend Analysis by Market Taxonomy, 2014 – 2021

      13.3. Market Size (US$ Mn) and Volume Forecast by Market Taxonomy, 2022 – 2029

            13.3.1. by Country

                   13.3.1.1. China

                   13.3.1.2. Japan

                   13.3.1.3. South Korea

            13.3.2. by Cooling Capacity

            13.3.3. by Compressor Type

            13.3.4. by Sales Channel

            13.3.5. by Vehicle Type 

      13.4. Market Attractiveness Analysis

            13.4.1. by Country

            13.4.2. by Cooling Capacity

            13.4.3. by Compressor Type

            13.4.4. by Sales Channel

            13.4.5. by Vehicle Type

      13.5. Key Market Participants – Intensity Mapping

14. South Asia & Oceania Transportation Condensing Units Analysis 2014–2021 and Forecast 2022–2029

      14.1. Introduction

      14.2. Historical Aftermarket Size (US$ Mn) and Volume Trend Analysis by Market Taxonomy, 2014 – 2021

      14.3. Market Size (US$ Mn) and Volume Forecast by Market Taxonomy, 2022 – 2029

            14.3.1. by Country

                   14.3.1.1. India

                   14.3.1.2. ASEAN

                   14.3.1.3. Oceania

                   14.3.1.4. Rest of South Asia & Oceania

            14.3.2. by Cooling Capacity

            14.3.3. by Compressor Type

            14.3.4. by Sales Channel

            14.3.5. by Vehicle Type

      14.4. Market Attractiveness Analysis

            14.4.1. by Country

            14.4.2. by Cooling Capacity

            14.4.3. by Compressor Type

            14.4.4. by Sales Channel

            14.4.5. by Vehicle Type

      14.5. Key Market Participants – Intensity Mapping

15. Middle East & Africa Transportation Condensing Units Analysis 2014–2021 and Forecast 2022–2029

      15.1. Introduction

      15.2. Historical Aftermarket Size (US$ Mn) and Volume Trend Analysis by Market Taxonomy, 2014 – 2021

      15.3. Market Size (US$ Mn) and Volume Forecast by Market Taxonomy, 2022 – 2029

            15.3.1. by Country

                   15.3.1.1. GCC Countries

                   15.3.1.2. Turkey

                   15.3.1.3. Northern & South Africa

                   15.3.1.4. Rest of MEA

            15.3.2. by Cooling Capacity

            15.3.3. by Compressor Type

            15.3.4. by Sales Channel

            15.3.5. by Vehicle Type 

      15.4. Market Attractiveness Analysis

            15.4.1. by Country

            15.4.2. by Cooling Capacity

            15.4.3. by Compressor Type

            15.4.4. by Sales Channel

            15.4.5. by Vehicle Type

      15.5. Key Market Participants – Intensity Mapping

16. Market Structure Analysis

      16.1. Market Structure Analysis by Tier 

      16.2. Market Share Analysis of Top Players 

      16.3. Market Presence Analysis

17. Competition Analysis

    17.1. Competition Dashboard

    17.2. Competition Deep Dive 

        17.2.1. Ingersoll-Rand plc. (Thermo King) 

            17.2.1.1. Overview

            17.2.1.2. Product Portfolio 

            17.2.1.3. Strategy Overview

                17.2.1.3.1. Marketing Strategy

                17.2.1.3.2. Product Strategy

                17.2.1.3.3. Channel Strategy

        17.2.2. Carrier Corporation (UTC Climate) 

            17.2.2.1. Overview

            17.2.2.2. Product Portfolio 

            17.2.2.3. Strategy Overview

                17.2.2.3.1. Marketing Strategy

                17.2.2.3.2. Product Strategy

                17.2.2.3.3. Channel Strategy

18. Assumptions and Acronyms Used

19. Research Methodology

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List of Tables

Table 01: Global Transportation Condensing Units Market Value (US$ Mn) and Volume (Units) Historical Data 2014 – 2021 and Forecast 2022 – 2029 by Cooling Capacity

Table 02: Global Transportation Condensing Units Market Value (US$ Mn) and Volume (Units) Historical Data 2014 – 2021 and Forecast 2022 – 2029 by Compressor Type

Table 03: Global Transportation Condensing Units Market Value (US$ Mn) and Volume (Units) Historical Data 2014 – 2021 and Forecast 2022 – 2029 by Sales Channel

Table 04: Global Transportation Condensing Units Market Value (US$ Mn) and Volume (Units) Historical Data 2014 – 2021 and Forecast 2022 – 2029 by Vehicle Type

Table 05: Global Transportation Condensing Units Market Value (US$ Mn) Volume (Units) Historical Data 2014 – 2021 and Forecast 2022 – 2029 by Region

Table 06: North America Transportation Condensing Units Market Value (US$ Mn) and Volume (Units) Historical Data 2014 – 2021 and Forecast 2022 – 2029 by Country

Table 07: North America Transportation Condensing Units Market Value (US$ Mn) and Volume (Units) Historical Data 2014 – 2021 and Forecast 2022 – 2029 by Cooling Capacity

Table 08: North America Transportation Condensing Units Market Value (US$ Mn) and Volume (Units) Historical Data 2014 – 2021 and Forecast 2022 – 2029 by Compressor Type

Table 09: North America Transportation Condensing Units Market Value (US$ Mn) and Volume (Units) Historical Data 2014 – 2021 and Forecast 2022 – 2029 by Sales Channel

Table 10: North America Transportation Condensing Units Market Value (US$ Mn) and Volume (Units) Historical Data 2014 – 2021 and Forecast 2022 – 2029 by Vehicle Type

Table 11: Latin America Transportation Condensing Units Market Value (US$ Mn) and Volume (Units) Historical Data 2014 – 2021 and Forecast 2022 – 2029 by Country

Table 12: Latin America Transportation Condensing Units Market Value (US$ Mn) and Volume (Units) Historical Data 2014 – 2021 and Forecast 2022 – 2029 by Cooling Capacity

Table 13: Latin America Transportation Condensing Units Market Value (US$ Mn) and Volume (Units) Historical Data 2014 – 2021 and Forecast 2022 – 2029 by Compressor Type

Table 14: Latin America Transportation Condensing Units Market Value (US$ Mn) and Volume (Units) Historical Data 2014 – 2021 and Forecast 2022 – 2029 by Sales Channel

Table 15: Latin America Transportation Condensing Units Market Value (US$ Mn) and Volume (Units) Historical Data 2014 – 2021 and Forecast 2022 – 2029 by Vehicle Type

Table 16: Europe Transportation Condensing Units Market Value (US$ Mn) and Volume (Units) Historical Data 2014 – 2021 and Forecast 2022 – 2029 by Country

Table 17: Europe Transportation Condensing Units Market Value (US$ Mn) and Volume (Units) Historical Data 2014 – 2021 and Forecast 2022 – 2029 by Cooling Capacity

Table 18: Europe Transportation Condensing Units Market Value (US$ Mn) and Volume (Units) Historical Data 2014 – 2021 and Forecast 2022 – 2029 by Compressor Type

Table 19: Europe Transportation Condensing Units Market Value (US$ Mn) and Volume (Units) Historical Data 2014 – 2021 and Forecast 2022 – 2029 by Sales Channel

Table 20: Europe Transportation Condensing Units Market Value (US$ Mn) and Volume (Units) Historical Data 2014 – 2021 and Forecast 2022 – 2029 by Vehicle Type

Table 21: East Asia Transportation Condensing Units Market Value (US$ Mn) and Volume (Units) Historical Data 2014 – 2021 and Forecast 2022 – 2029 by Country

Table 22: East Asia Transportation Condensing Units Market Value (US$ Mn) and Volume (Units) Historical Data 2014 – 2021 and Forecast 2022 – 2029 by Cooling Capacity

Table 23: East Asia Transportation Condensing Units Market Value (US$ Mn) and Volume (Units) Historical Data 2014 – 2021 and Forecast 2022 – 2029 by Compressor Type

Table 24: East Asia Transportation Condensing Units Market Value (US$ Mn) and Volume (Units) Historical Data 2014 – 2021 and Forecast 2022 – 2029 by Sales Channel

Table 25: East Asia Transportation Condensing Units Market Value (US$ Mn) and Volume (Units) Historical Data 2014 – 2021 and Forecast 2022 – 2029 by Vehicle Type

Table 26: South Asia & Oceania Transportation Condensing Units Market Value (US$ Mn) and Volume (Units) Historical Data 2014 – 2021 and Forecast 2022 – 2029 by Country

Table 27: South Asia & Oceania Transportation Condensing Units Market Value (US$ Mn) and Volume (Units) Historical Data 2014 – 2021 and Forecast 2022 – 2029 by Cooling Capacity

Table 28: South Asia & Oceania Transportation Condensing Units Market Value (US$ Mn) and Volume (Units) Historical Data 2014 – 2021 and Forecast 2022 – 2029 by Compressor Type

Table 29: South Asia & Oceania Transportation Condensing Units Market Value (US$ Mn) and Volume (Units) Historical Data 2014 – 2021 and Forecast 2022 – 2029 by Sales Channel

Table 30: South Asia & Oceania Transportation Condensing Units Market Value (US$ Mn) and Volume (Units) Historical Data 2014 – 2021 and Forecast 2022 – 2029 by Vehicle Type

Table 31: Middle East & Africa Transportation Condensing Units Market Value (US$ Mn) and Volume (Units) Historical Data 2014 – 2021 and Forecast 2022 – 2029 by Country

Table 32: Middle East & Africa Transportation Condensing Units Market Value (US$ Mn) and Volume (Units) Historical Data 2014 – 2021 and Forecast 2022 – 2029 by Cooling Capacity

Table 33: Middle East & Africa Transportation Condensing Units Market Value (US$ Mn) and Volume (Units) Historical Data 2014 – 2021 and Forecast 2022 – 2029 by Compressor Type

Table 34: Middle East & Africa Transportation Condensing Units Market Value (US$ Mn) and Volume (Units) Historical Data 2014 – 2021 and Forecast 2022 – 2029 by Sales Channel

Table 35: Middle East & Africa Transportation Condensing Units Market Value (US$ Mn) and Volume (Units) Historical Data 2014 – 2021 and Forecast 2022 – 2029 by Vehicle Type

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Principal Consultant
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List of Charts

Figure 01: Real GDP Growth by Region, 2014 - 2029

Figure 02: Industry Value-Added – Percentage Growth, 2014 – 2029

Figure 03: Region Wise GDP in US$ Bn, 2014 - 2029

Figure 04: Global Automotive Production, by Region (2021) 

Figure 05: Global Automotive Production Share, by Region (2021)

Figure 06: Regional Consumption by fuel in 2021

Figure 07: Share of Annual Household Expenditure (%) by Products in Prominent Countries, 2010

Figure 08: Share of Annual Household Expenditure (%) by Category for Prominent Countries, 2016

Figure 09: Adjusted Net National Per Capita Income (Current US$), 2014-2016

Figure 10: Trailer Production by Region in 2021 (in ‘000 Units)

Figure 11: Medium/Heavy Duty Truck Production by Region in 2021 (in ‘000 Units)

Figure 12: Global Historical Market Volume (Units) Analysis, 2014-2021

Figure 13: Global Current and Future Market Volume (Units) Analysis, 2022-2029

Figure 14: Global Transportation Condensing Units Market Historical Value (US$ Mn), 2014 – 2021

Figure 15: Global Transportation Condensing Units Market Value (US$ Mn) Forecast, 2022 – 2029

Figure 16: Global Transportation Condensing Units Market Absolute $ Opportunity, 2014 to 2021 and 2029

Figure 17: Global Transportation Condensing Units Market Share and BPS Analysis by Cooling Capacity– 2022 & 2029

Figure 18: Global Transportation Condensing Units Market Y-o-Y Growth Projections by Cooling Capacity, 2022-2029

Figure 19: Global Transportation Condensing Units Market Attractiveness by Cooling Capacity, 2022-2029

Figure 20: Global Transportation Condensing Units Market Absolute $ Opportunity by Below 5 KW Segment, 2021 – 2029

Figure 21: Global Transportation Condensing Units Market Absolute $ Opportunity by 5 - 10 KW Segment, 2021 – 2029

Figure 22: Global Transportation Condensing Units Market Absolute $ Opportunity by 10 - 15 KW Segment, 2021 – 2029

Figure 23: Global Transportation Condensing Units Market Absolute $ Opportunity by Above 15 KW Segment, 2021 – 2029

Figure 24: Global Transportation Condensing Units Market Share and BPS Analysis by Compressor Type– 2022 & 2029

Figure 25: Global Transportation Condensing Units Market Y-o-Y Growth Projections by Compressor Type, 2022-2029

Figure 26: Global Transportation Condensing Units Market Attractiveness by Compressor Type, 2022-2029

Figure 27: Global Transportation Condensing Units Market Absolute $ Opportunity by Reciprocating Segment, 2021 – 2029

Figure 28: Global Transportation Condensing Units Market Absolute $ Opportunity by Rotary Segment, 2021 – 2029

Figure 29: Global Transportation Condensing Units Market Absolute $ Opportunity by Scroll Segment, 2021 – 2029

Figure 30: Global Transportation Condensing Units Market Share and BPS Analysis by Sales Channel– 2022 & 2029

Figure 31: Global Transportation Condensing Units Market Y-o-Y Growth Projections by Sales Channel, 2022-2029

Figure 32: Global Transportation Condensing Units Market Attractiveness by Sales Channel, 2022-2029

Figure 33: Global Transportation Condensing Units Market Absolute $ Opportunity by OEM Segment, 2021 – 2029

Figure 34: Global Transportation Condensing Units Market Absolute $ Opportunity by Aftermarket Segment, 2021 – 2029

Figure 35: Global Transportation Condensing Units Market Share and BPS Analysis by Vehicle Type– 2022 & 2029

Figure 36: Global Transportation Condensing Units Market Y-o-Y Growth Projections by Vehicle Type, 2022-2029

Figure 37: Global Transportation Condensing Units Market Attractiveness by Vehicle Type, 2022-2029

Figure 38: Global Transportation Condensing Units Market Absolute $ Opportunity by Trucks Segment, 2021 – 2029

Figure 39: Global Transportation Condensing Units Market Absolute $ Opportunity by Trailers Segment, 2021 – 2029

Figure 40: Global Transportation Condensing Units Market Share & BPS Analysis by Region, 2022 & 2029

Figure 41: Global Transportation Condensing Units Market Y-o-Y Growth Projection by Region, 2022-2029

Figure 42: Global Transportation Condensing Units Market Attractiveness Analysis by Region, 2022 – 2029

Figure 43: Global Transportation Condensing Units Market Absolute $ Opportunity (US$ Mn) by Region, 2014-2029

Figure 44: North America Transportation Condensing Units Market Share and BPS Analysis by Country– 2022 & 2029

Figure 45: North America Transportation Condensing Units Market Y-o-Y Growth Projections by Country, 2022-2029

Figure 46: North America Transportation Condensing Units Market Attractiveness by Country, 2022-2029

Figure 47: U.S. Transportation Condensing Units Market Absolute $ Opportunity, 2021 – 2029

Figure 48: Canada Transportation Condensing Units Market Absolute $ Opportunity, 2021 – 2029

Figure 49: North America Transportation Condensing Units Market Share and BPS Analysis by Cooling Capacity– 2022 & 2029

Figure 50: North America Transportation Condensing Units Market Y-o-Y Growth Projections by Cooling Capacity, 2022-2029

Figure 51: North America Transportation Condensing Units Market Attractiveness by Cooling Capacity, 2022-2029

Figure 52: North America Transportation Condensing Units Market Share and BPS Analysis by Compressor Type– 2022 & 2029

Figure 53: North America Transportation Condensing Units Market Y-o-Y Growth Projections by Compressor Type, 2022-2029

Figure 54: North America Transportation Condensing Units Market Attractiveness by Compressor Type, 2022-2029

Figure 55: North America Transportation Condensing Units Market Share and BPS Analysis by Sales Channel– 2022 & 2029

Figure 56: North America Transportation Condensing Units Market Y-o-Y Growth Projections by Sales Channel, 2022-2029

Figure 57: North America Transportation Condensing Units Market Attractiveness by Sales Channel, 2022-2029

Figure 58: North America Transportation Condensing Units Market Share and BPS Analysis by Vehicle Type– 2022 & 2029

Figure 59: North America Transportation Condensing Units Market Y-o-Y Growth Projections by Vehicle Type, 2022-2029

Figure 60: North America Transportation Condensing Units Market Attractiveness by Vehicle Type, 2022-2029

Figure 61: Latin America Transportation Condensing Units Market Share and BPS Analysis by Country– 2022 & 2029

Figure 62: Latin America Transportation Condensing Units Market Y-o-Y Growth Projections by Country, 2022-2029

Figure 63: Latin America Transportation Condensing Units Market Attractiveness by Country, 2022-2029

Figure 64: Brazil Transportation Condensing Units Market Absolute $ Opportunity, 2021 – 2029

Figure 65: Mexico Transportation Condensing Units Market Absolute $ Opportunity, 2021 – 2029

Figure 66: Rest of Latin America Transportation Condensing Units Market Absolute $ Opportunity, 2021 – 2029

Figure 67: Latin America Transportation Condensing Units Market Share and BPS Analysis by Cooling Capacity– 2022 & 2029

Figure 68: Latin America Transportation Condensing Units Market Y-o-Y Growth Projections by Cooling Capacity, 2022-2029

Figure 69: Latin America Transportation Condensing Units Market Attractiveness by Cooling Capacity, 2022-2029

Figure 70: Latin America Transportation Condensing Units Market Share and BPS Analysis by Compressor Type– 2022 & 2029

Figure 71: Latin America Transportation Condensing Units Market Y-o-Y Growth Projections by Compressor Type, 2022-2029

Figure 72: Latin America Transportation Condensing Units Market Attractiveness by Compressor Type, 2022-2029

Figure 73: Latin America Transportation Condensing Units Market Share and BPS Analysis by Sales Channel– 2022 & 2029

Figure 74: Latin America Transportation Condensing Units Market Y-o-Y Growth Projections by Sales Channel, 2022-2029

Figure 75: Latin America Transportation Condensing Units Market Attractiveness by Sales Channel, 2022-2029

Figure 76: Latin America Transportation Condensing Units Market Share and BPS Analysis by Vehicle Type– 2022 & 2029

Figure 77: Latin America Transportation Condensing Units Market Y-o-Y Growth Projections by Vehicle Type, 2022-2029

Figure 78: Latin America Transportation Condensing Units Market Attractiveness by Vehicle Type, 2022-2029

Figure 79: Europe Transportation Condensing Units Market Share and BPS Analysis by Country– 2022 & 2029

Figure 80: Europe Transportation Condensing Units Market Y-o-Y Growth Projections by Country, 2022-2029

Figure 81: Europe Transportation Condensing Units Market Attractiveness by Country, 2022-2029

Figure 82: Germany Transportation Condensing Units Market Absolute $ Opportunity, 2021 – 2029

Figure 83: France Transportation Condensing Units Market Absolute $ Opportunity, 2021 – 2029

Figure 84: Spain Transportation Condensing Units Market Absolute $ Opportunity, 2021 – 2029

Figure 85: Italy Transportation Condensing Units Market Absolute $ Opportunity, 2021 – 2029

Figure 86: U.K. Transportation Condensing Units Market Absolute $ Opportunity, 2021 – 2029

Figure 87: BENELUX Transportation Condensing Units Market Absolute $ Opportunity, 2021 – 2029

Figure 88: Russia Transportation Condensing Units Market Absolute $ Opportunity, 2021 – 2029

Figure 89: Poland Transportation Condensing Units Market Absolute $ Opportunity, 2021 – 2029

Figure 90: Rest of Europe Transportation Condensing Units Market Absolute $ Opportunity, 2021 – 2029

Figure 91: Europe Transportation Condensing Units Market Share and BPS Analysis by Cooling Capacity– 2022 & 2029

Figure 92: Europe Transportation Condensing Units Market Y-o-Y Growth Projections by Cooling Capacity, 2022-2029

Figure 93: Europe Transportation Condensing Units Market Attractiveness by Cooling Capacity, 2022-2029

Figure 94: Europe Transportation Condensing Units Market Share and BPS Analysis by Compressor Type– 2022 & 2029

Figure 95: Europe Transportation Condensing Units Market Y-o-Y Growth Projections by Compressor Type, 2022-2029

Figure 96: Europe Transportation Condensing Units Market Attractiveness by Compressor Type, 2022-2029

Figure 97: Europe Transportation Condensing Units Market Share and BPS Analysis by Sales Channel– 2022 & 2029

Figure 98: Europe Transportation Condensing Units Market Y-o-Y Growth Projections by Sales Channel, 2022-2029

Figure 99: Europe Transportation Condensing Units Market Attractiveness by Sales Channel, 2022-2029

Figure 100: Europe Transportation Condensing Units Market Share and BPS Analysis by Vehicle Type– 2022 & 2029

Figure 101: Europe Transportation Condensing Units Market Y-o-Y Growth Projections by Vehicle Type, 2022-2029

Figure 102: Europe Transportation Condensing Units Market Attractiveness by Vehicle Type, 2022-2029

Figure 103: East Asia Transportation Condensing Units Market Share and BPS Analysis by Country– 2022 & 2029

Figure 104: East Asia Transportation Condensing Units Market Y-o-Y Growth Projections by Country, 2022-2029

Figure 105: East Asia Transportation Condensing Units Market Attractiveness by Country, 2022-2029

Figure 106: China Transportation Condensing Units Market Absolute $ Opportunity, 2021 – 2029

Figure 107: Japan Transportation Condensing Units Market Absolute $ Opportunity, 2021 – 2029

Figure 108: South Korea Transportation Condensing Units Market Absolute $ Opportunity, 2021 – 2029

Figure 109: East Asia Transportation Condensing Units Market Share and BPS Analysis by Cooling Capacity– 2022 & 2029

Figure 110: East Asia Transportation Condensing Units Market Y-o-Y Growth Projections by Cooling Capacity, 2022-2029

Figure 111: East Asia Transportation Condensing Units Market Attractiveness by Cooling Capacity, 2022-2029

Figure 112: East Asia Transportation Condensing Units Market Share and BPS Analysis by Compressor Type– 2022 & 2029

Figure 113: East Asia Transportation Condensing Units Market Y-o-Y Growth Projections by Compressor Type, 2022-2029

Figure 114: East Asia Transportation Condensing Units Market Attractiveness by Compressor Type, 2022-2029

Figure 115: East Asia Transportation Condensing Units Market Share and BPS Analysis by Sales Channel– 2022 & 2029

Figure 116: East Asia Transportation Condensing Units Market Y-o-Y Growth Projections by Sales Channel, 2022-2029

Figure 117: East Asia Transportation Condensing Units Market Attractiveness by Sales Channel, 2022-2029

Figure 118: East Asia Transportation Condensing Units Market Share and BPS Analysis by Vehicle Type– 2022 & 2029

Figure 119: East Asia Transportation Condensing Units Market Y-o-Y Growth Projections by Vehicle Type, 2022-2029

Figure 120: East Asia Transportation Condensing Units Market Attractiveness by Vehicle Type, 2022-2029

Figure 121: South Asia & Oceania Transportation Condensing Units Market Share and BPS Analysis by Country– 2022 & 2029

Figure 122: South Asia & Oceania Transportation Condensing Units Market Y-o-Y Growth Projections by Country, 2022-2029

Figure 123: South Asia & Oceania Transportation Condensing Units Market Attractiveness by Country, 2022-2029

Figure 124: India Transportation Condensing Units Market Absolute $ Opportunity, 2021 – 2029

Figure 125: ASEAN Countries Transportation Condensing Units Market Absolute $ Opportunity, 2021 – 2029

Figure 126: Oceania Transportation Condensing Units Market Absolute $ Opportunity, 2021 – 2029

Figure 127: Rest of South Asia & Oceania Transportation Condensing Units Market Absolute $ Opportunity, 2021 – 2029

Figure 128: South Asia & Oceania Transportation Condensing Units Market Share and BPS Analysis by Cooling Capacity– 2022 & 2029

Figure 129: South Asia & Oceania Transportation Condensing Units Market Y-o-Y Growth Projections by Cooling Capacity, 2022-2029

Figure 130: South Asia & Oceania Transportation Condensing Units Market Attractiveness by Cooling Capacity, 2022-2029

Figure 131: South Asia & Oceania Transportation Condensing Units Market Share and BPS Analysis by Compressor Type– 2022 & 2029

Figure 132: South Asia & Oceania Transportation Condensing Units Market Y-o-Y Growth Projections by Compressor Type, 2022-2029

Figure 133: South Asia & Oceania Transportation Condensing Units Market Attractiveness by Compressor Type, 2022-2029

Figure 134: South Asia & Oceania Transportation Condensing Units Market Share and BPS Analysis by Sales Channel– 2022 & 2029

Figure 135: South Asia & Oceania Transportation Condensing Units Market Y-o-Y Growth Projections by Sales Channel, 2022-2029

Figure 136: South Asia & Oceania Transportation Condensing Units Market Attractiveness by Sales Channel, 2022-2029

Figure 137: South Asia & Oceania Transportation Condensing Units Market Share and BPS Analysis by Vehicle Type– 2022 & 2029

Figure 138: South Asia & Oceania Transportation Condensing Units Market Y-o-Y Growth Projections by Vehicle Type, 2022-2029

Figure 139: South Asia & Oceania Transportation Condensing Units Market Attractiveness by Vehicle Type, 2022-2029

Figure 140: Middle East & Africa Transportation Condensing Units Market Share and BPS Analysis by Country– 2022 & 2029

Figure 141: Middle East & Africa Transportation Condensing Units Market Y-o-Y Growth Projections by Country, 2022-2029

Figure 142: Middle East & Africa Transportation Condensing Units Market Attractiveness by Country, 2022-2029

Figure 143: GCC Countries Transportation Condensing Units Market Absolute $ Opportunity, 2021 – 2029

Figure 144: Turkey Transportation Condensing Units Market Absolute $ Opportunity, 2021 – 2029

Figure 145: North & South Africa Transportation Condensing Units Market Absolute $ Opportunity, 2021 – 2029

Figure 146: Rest of MEA Transportation Condensing Units Market Absolute $ Opportunity, 2021 – 2029

Figure 147: Middle East & Africa Transportation Condensing Units Market Share and BPS Analysis by Cooling Capacity– 2022 & 2029

Figure 148: Middle East & Africa Transportation Condensing Units Market Y-o-Y Growth Projections by Cooling Capacity, 2022-2029

Figure 149: Middle East & Africa Transportation Condensing Units Market Attractiveness by Cooling Capacity, 2022-2029

Figure 150: Middle East & Africa Transportation Condensing Units Market Share and BPS Analysis by Compressor Type– 2022 & 2029

Figure 151: Middle East & Africa Transportation Condensing Units Market Y-o-Y Growth Projections by Compressor Type, 2022-2029

Figure 152: Middle East & Africa Transportation Condensing Units Market Attractiveness by Compressor Type, 2022-2029

Figure 153: Middle East & Africa Transportation Condensing Units Market Share and BPS Analysis by Sales Channel– 2022 & 2029

Figure 154: Middle East & Africa Transportation Condensing Units Market Y-o-Y Growth Projections by Sales Channel, 2022-2029

Figure 155: Middle East & Africa Transportation Condensing Units Market Attractiveness by Sales Channel, 2022-2029

Figure 156: Middle East & Africa Transportation Condensing Units Market Share and BPS Analysis by Vehicle Type– 2022 & 2029

Figure 157: Middle East & Africa Transportation Condensing Units Market Y-o-Y Growth Projections by Vehicle Type, 2022-2029

Figure 158: Middle East & Africa Transportation Condensing Units Market Attractiveness by Vehicle Type, 2022-2029

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