Condensing Unit Market worth $57.1 billion by 2027 - Exclusive Report by MarketsandMarkets™
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By type, the air-cooled condensing unit segment accounted for the largest market share in 2021, in terms of value. - Other major factors influencing the growth of condensing unit market include increased demand for food storage equipment, data centers, super & hyper markets, and others.
- Thus, a growing number of cold storage warehouses and hotels is expected to enhance the air conditioning segment of condensing unit market.
- The Asia Pacific condensing unit market has the largest market share in 2021, in terms of value.