Global transcritical CO2 market is projected to register a healthy CAGR of 9.34% in the forecast period of 2019 to 2026.
Market Segmentation
By End Users (Retail, Food Processing Industries, Ice Skating Rinks, Marine, Transportation and Household Appliance) Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa)
Major growing sectors under the market segmentation are as follows;
In end users, retail segment is growing at highest CAGR because of the increase in numbers of small stores, supermarkets, hypermarkets in all the regions which eventually increase in demand of trancritical CO2 refrigeration systems for various products like dairy, pharmaceuticals, medicines and others. Companies such as Carrier Commercial Refrigeration, a Europe based solutions provider of heating, air conditioning and refrigeration, has launched MICROCO2OL which is a Air-Cooled Condensing Unit CO? Transcritical / Booster system which uses CO2 as a refrigerant, saving energy and is economical and can be used for low, medium and high temperature applications and can be used in Convenient stores, gasoline stations, smallest applications with its cooling capacity of 1.3 - 6.0 Kw.
Key Market Players
The key market players for global transcritical CO2 market are listed below;
Danfoss A/S
Panasonic Corporation
Emerson Electric Co.
Carrier Commercial Refrigeration
GEA Group Aktiengesellschaft
ALFA LAVAL
Bitzer SE
Baltimore Aircoil Company
Carel Industries S.p.A
Carnot Refrigeration