Report Update: Jan 1, 2025

World - Compressors For Refrigeration Equipment - Market Analysis, Forecast, Size, Trends And Insights

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Refrigerator compressor market

Refrigerator compressor market: download newly released information secured by an Ai-driven market research platform. Datasets include trade, imports, market prices, companies, production, market size, consumption, and exports. Here is a split by country, including the U.S., China, Latin America, the U.K., Russia, EU, the Middle East, and Africa. Market insights and forecast to 2030 are also featured in the reports.

Refrigerator Compressor - World's Largest Markets

Rating	Country
1	China
2	United States
3	India
4	Czech Republic
5	Mexico

In value terms, the largest refrigerator compressor markets worldwide were China, the United States and India, together comprising 41% of the global market.

India saw the highest growth rate of market size, among the main consuming countries over the period under review, while refrigerator compressor market for the other global leaders experienced more modest paces of growth.

Refrigerator Compressor Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per unit			CAGR, 2018-2020
Thailand	27	44	24	-6.2%
Taiwan (Chinese)	48	33	28	-24.2%
Brazil	39	38	33	-8.2%
China	38	37	35	-3.6%
Slovakia	45	45	45	-0.9%
Mexico	88	81	46	-28.2%
Singapore	47	47	52	5.3%
Czech Republic	51	54	54	3.7%
South Korea	29	29	66	51.4%
Japan	63	64	75	8.7%
France	56	64	76	17.0%
Germany	84	88	102	10.2%
United States	189	189	191	0.7%
Average	49	49	50	0.8%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was the United States ($191 per unit), while Thailand ($24 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by South Korea (+51.4% per year), while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per unit			CAGR, 2018-2020
United States	88	89	95	4.0%
Germany	64	65	90	18.4%
South Korea	27	26	73	65.4%
Brazil	62	58	56	-5.3%
Mexico	50	55	54	4.1%
Russia	50	42	46	-3.3%
Turkey	42	40	35	-8.4%
Japan	26	28	30	6.7%
Taiwan (Chinese)	37	29	27	-13.9%
India	25	27	24	-2.4%
Iran	30	18	18	-21.8%
Thailand	20	36	17	-9.0%
Indonesia	15	14	14	-3.5%
Average	50	51	53	2.5%

Prices varied noticeably by the country of destination; the country with the highest price was the United States ($95 per unit), while Indonesia ($14 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by South Korea (+65.4% per year), while the other global leaders experienced more modest paces of growth.

Refrigerator Compressor - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
United States	2.2	2.3	1.9	-5.2%
Germany	1	0.9	0.9	-3.2%
Mexico	0.8	0.9	0.8	0.5%
Turkey	0.5	0.5	0.5	4.8%
Thailand	0.5	0.6	0.5	5.9%

In value terms, the United States ($1.9B) constitutes the largest market for imported compressors for refrigeration equipment worldwide, comprising 16% of global imports. The second position in the ranking was occupied by Germany ($908M), with a 7.3% share of global imports. It was followed by Mexico, with a 6.7% share.

From 2018 to 2020, the average annual rate of growth in terms of value in the United States amounted to -5.2%. In the other countries, the average annual rates were as follows: Germany (-3.2% per year) and Mexico (+0.5% per year).

Refrigerator Compressor - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
China	3.6	3.9	3.9	4.2%
Japan	1.4	1.3	1.3	-4.7%
Germany	1	0.9	1.2	13.1%
United States	1.3	1.2	1	-12.3%
South Korea	1	1.1	1	-0.8%

In value terms, China ($3.9B) remains the largest refrigerator compressor supplier worldwide, comprising 30% of global exports. The second position in the ranking was occupied by Japan ($1.3B), with a 9.8% share of global exports. It was followed by Germany, with a 9.5% share.

In China, refrigerator compressor exports expanded at an average annual rate of +4.2% over the period from 2018-2020. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (-4.7% per year) and Germany (+13.1% per year).

Refrigerator Compressor - Market Forecast

Driven by rising demand for refrigerator compressor worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Refrigerator Compressor - Top Companies

Daimler AG, FILTER SERKAN IND. & MFG., Bayerische Motoren Werke AG, Robert Bosch Gesellschaft mit beschränkter Haftung, Hyundai Motor Company, Shanghai Inoac Huaxiang Automobile Products Co., Ltd., Continental AG, DENSO CORPORATION, TRW Safety Systems Inc., Johnson Controls, Inc., Magna International Inc, AISIN SEIKI CO., LTD., Canadian Test Case 185, Ford-Werke GmbH, Gree Electric Appliances, Inc. of Zhuhai, Huayu Automotive Systems Co.,Ltd., DAIKIN INDUSTRIES, LTD., SKODA AUTO a.s., ZF North America, Inc., Brilliance Auto Group Holdings Co., Ltd.

Refrigerator Compressor - Product Coverage

HS 841430 - Compressors; of a kind used in refrigerating equipment

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global refrigerator compressor market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28132300 - Compressors for refrigeration equipment

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

Global market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Global production, split by region and country
Global trade (exports and imports)
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption, By Country, 2018–2024
5. Production, In Physical Terms, By Country, 2012–2024
6. Imports, In Physical Terms, By Country, 2012–2024
7. Imports, In Value Terms, By Country, 2012–2024
8. Import Prices, By Country Of Destination, 2012–2024
9. Exports, In Physical Terms, By Country, 2012–2024
10. Exports, In Value Terms, By Country, 2012–2024
11. Export Prices, By Country Of Origin, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Consumption, By Country, 2024
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2024
18. Production, In Value Terms, 2012–2024
19. Production, By Country, 2024
20. Production, In Physical Terms, By Country, 2012–2024
21. Imports, In Physical Terms, 2012–2024
22. Imports, In Value Terms, 2012–2024
23. Imports, In Physical Terms, By Country, 2024
24. Imports, In Physical Terms, By Country, 2012–2024
25. Imports, In Value Terms, By Country, 2012–2024
26. Import Prices, By Country, 2012–2024
27. Exports, In Physical Terms, 2012–2024
28. Exports, In Value Terms, 2012–2024
29. Exports, In Physical Terms, By Country, 2024
30. Exports, In Physical Terms, By Country, 2012–2024
31. Exports, In Value Terms, By Country, 2012–2024
32. Export Prices, 2012–2024