Transcritical CO2 systems are environmental friendly and dependable that defined as a system that operates above the critical point. The transcritical CO2 systems are the most promising solutions that using natural refrigerants in retail contexts. In this system, the heat recovery function exploits the heat normally dissolute by the gas cooler for domestic hot water production or space heating. These systems are suitable for medium to large supermarkets, cold storage facilities and light industrial processes.
The transcritical CO2 systems market is anticipated to grow with a significant rate in the coming years, due to low environmental impact of transcritical CO2 systems and phasing out CFC, HCFC, and HFC refrigerants, and lower operating cost of transcritical CO2 refrigeration systems. However, increasing demand for refrigeration and air-conditioning applications is anticipated to offer more growth opportunities for the players operating in the transcritical CO2 systems market.
The "Global Transcritical Co2 Systems Market Analysis to 2028" is a specialized and in-depth study of the chemical industry with a focus on the global market trend. The report aims to provide an overview of global market with detailed market segmentation by type, application and geography. The global transcritical CO2 systems market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading transcritical CO2 systems market players and offers key trends and opportunities in the market.
The global transcritical CO2 systems market is segmented on the basis of function and application. On the basis of function, the transcritical CO2 systems market is segmented into, conditioning, refrigeration, and heating. Based on application, the transcritical CO2 systems market is classified as, ice skating rinks, food processing & storage facilities, heat pumps
, supermarkets & convenience stores
, and others.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global transcritical CO2 systems market based on function and application. It also provides market size and forecast till 2028 for overall market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The transcritical CO2 systems market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 13 countries globally along with current trend and opportunities prevailing in the region.
Europe is expected to contribute to the largest share in the transcritical CO2 systems market in the coming years, due to increasing presence of leading heat pump systems manufacturers, and rising demand for the product from the food manufacturing base in the region. However, North America is expected to witness significant growth in the market during the forecast period, owing to growing demand in the region for transcritical CO2 systems because of its non-toxicity and in flammability nature.
The report analyzes factors affecting transcritical CO2 systems market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the transcritical CO2 systems market in these regions.
The report also includes the profiles of key transcritical CO2 systems manufacturing companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years. Some of the key players operating in the transcritical CO2 systems market include, TEKO Gesellschaft für Kältetechnik mbH, Advansor A / S, Hillphoenix, Carrier Corporation, Danfoss, Carnot Refrigetation, Emerson Electric Co., SCM Frigo S.p.a, Baltimore Aircoil Company, Inc., and Panasonic Corporation among others.