FMI Condensing Unit Market Forecast Research Reports O | Page 4

Condensing Unit Market

Condensing Unit Market with Current Trends Analysis , 2016-2026
Refrigeration , a process of cooling undergoes cyclic stages of compression , condensation , expansion followed by evaporation . In condensation , a condensing unit is an assembly which functions on cooling and condensing the refrigerant vapour thus converting refrigerant in to liquid form . It majorly consists of condenser , compressor , fan motor , mounting plate and other controls . The condensing unit are of three types namely air cooled , water cooled , fan cooled wherein compressors play an important role regarding efficiency yield . Scroll type , hermetic type of condensing units are most widely used where latter is functional from low temperature to high temperature applications . The condensing units are used in residential , commercial as well as industrial sectors where in commercial and industrial sectors generally food services applications are popular . The global condensing unit market is expected to grow during the forecast period with the increase in global refrigeration market .
Global Condensing Unit Market : Drivers and Restraints :
The global condensing unit market is primarily driven by the commercial and industrial sectors such as food retails , food manufacturing industries , commercial refrigeration . Energy saving and less usage of refrigerant condensing units are mostly popular within commercial and industrial sectors . The increasing commercial complexes , office space , banqueting suites drives the global consumption of condensing units . Besides , condensers play a vital role in manufacturing plants which strongly drives the global condensing unit market .
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