Research Refrigeration Compressor Market | Page 5
Refrigeration Compressor Market
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A large number of compressor companies are focusing on achieving improved levels of efficiency. They are investing heavily in their research
and development division in order to develop new technologies in the refrigeration compressor industry. Mergers and acquisitions are
among the key strategies adopted by leading companies to increase their market share and global footprints.
Despite steadily evolving technology, it is still necessary to perform regular maintenance of refrigeration compressors; otherwise they may
fail and cause huge losses. The use of refrigeration systems has resulted in the expulsion of many harmful gases into the environment, which
is a major challenge for market players in the refrigeration compressor market. Companies have to abide by various stringent laws and
regulations while manufacturing refrigeration compressors, without compromising the efficiency of the latter. These are some of the
restraints identified in the global refrigeration market.
Refrigeration Compressor Market: Segmentation
The global refrigeration compressor market can be segmented on the basis of the type of compressor, application, refrigerant used and
industry.
On the basis of type of compressor, the global refrigeration compressor market is segmented as:
Reciprocating compressor
Screw compressor
Centrifugal compressor
Rotary compresso
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