Transcritical Co2 Systems Market
PUBLISHED: 2019 ID: SMRC18678
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Transcritical Co2 Systems Market

Transcritical CO2 Systems - Global Market Outlook (2018-2027)

5.0 (22 reviews)
5.0 (22 reviews)
Published: 2019 ID: SMRC18678

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Transcritical CO2 Systems Market is accounted for $27.20 billion in 2018 and is expected to reach $135.17 billion by 2027 growing at a CAGR of 19.5% during the forecast period. Some of the key factors influencing the market growth include increasing demand for refrigeration and air-conditioning applications, the low environmental impact of transcritical CO2 systems and the Implementation of stringent environmental regulations toward the usage of greenhouse gases & chlorofluorocarbons. However, low demand for transcritical CO2 systems and flammability and toxicity issues are hindering the market growth.

Transcritical CO2 systems are environmentally friendly and dependable that denied as a system that operates above the critical point. The transcritical CO2 systems are the most promising solutions 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.

Amongst function, Refrigeration is mostly used in supermarkets and convenience stores. Transcritical CO2 refrigeration has a high safety rating and is non-toxic and non-flammable. Additionally, these systems are used in refrigeration processes due to their high volumetric cooling capacity.

By Geography, Europe is expected to witness significant growth on account of the recent F-Gas regulations/HFC phase-out plan which dictates the reduction of the use of HFC refrigerants. The region also houses the highest number of end-user entities, such as Tesco (UK) and Metro AG (Germany) that have already switched to refrigeration systems based on transcritical CO2 systems.

Some of the key players in global Transcritical CO2 Systems market are Danfoss, Carrier Commercial Refrigeration, Panasonic Corporation, Hillphoenix, Inc., Advansor, Carnot Refrigeration, Henry Technologies, Inc., Teko GmbH, Shecco SPRL, Green & Cool World Refrigeration AB, Mayekawa MFG. Co., Ltd., Emerson Climate Technologies, Bitzer, Baltimore Aircoil Company, Inc., SCM Frigo S.P.A., Systemes LMP, Inc., and Hussmann Corporation. 

Functions Covered:
• Heating
• Air Conditioning
• Refrigeration

Applications Covered:
• ICE Skating Rinks
• Heat Pumps
• Retail
• Food Processing & Storage Facilities
• Other Applications 

End Users Covered:
• Marine
• Transportation
• Household
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan        
o China        
o India        
o Australia  
o New Zealand      
o South Korea       
o Rest of Asia Pacific    
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa 
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings: 
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary         
          
2 Preface 
       
 2.1 Abstract        
 2.2 Stake Holders        
 2.3 Research Scope        
 2.4 Research Methodology        
  2.4.1 Data Mining       
  2.4.2 Data Analysis       
  2.4.3 Data Validation       
  2.4.4 Research Approach       
 2.5 Research Sources        
  2.5.1 Primary Research Sources       
  2.5.2 Secondary Research Sources       
  2.5.3 Assumptions       
          
3 Market Trend Analysis         
 3.1 Introduction        
 3.2 Drivers        
 3.3 Restraints        
 3.4 Opportunities        
 3.5 Threats        
 3.6 Application Analysis        
 3.7 End User Analysis        
 3.8 Emerging Markets        
 3.9 Futuristic Market Scenario        
          
4 Porters Five Force Analysis         
 4.1 Bargaining power of suppliers        
 4.2 Bargaining power of buyers        
 4.3 Threat of substitutes        
 4.4 Threat of new entrants        
 4.5 Competitive rivalry        
          
5 Global Transcritical CO2 Systems Market, By Function         
 5.1 Introduction        
 5.2 Heating        
 5.3 Air Conditioning        
 5.4 Refrigeration        
          
6 Global Transcritical CO2 Systems Market, By Application         
 6.1 Introduction        
 6.2 ICE Skating Rinks        
 6.3 Heat Pumps        
 6.4 Retail        
  6.4.1 Hypermarkets       
  6.4.2 Supermarkets & Convenience Stores       
 6.5 Food Processing & Storage Facilities        
 6.6 Other Applications        
  6.6.1 Buildings       
  6.6.2 Water Treatment Plants       
  6.6.3 Hotels       
          
7 Global Transcritical CO2 Systems Market, By End User         
 7.1 Introduction        
 7.2 Marine        
 7.3 Transportation        
 7.4 Household        
 7.5 Other End Users        
          
8 Global Transcritical CO2 Systems Market, By Geography         
 8.1 Introduction        
 8.2 North America        
  8.2.1 US       
  8.2.2 Canada       
  8.2.3 Mexico       
 8.3 Europe        
  8.3.1 Germany       
  8.3.2 UK       
  8.3.3 Italy       
  8.3.4 France       
  8.3.5 Spain       
  8.3.6 Rest of Europe       
 8.4 Asia Pacific        
  8.4.1 Japan       
  8.4.2 China       
  8.4.3 India       
  8.4.4 Australia       
  8.4.5 New Zealand       
  8.4.6 South Korea       
  8.4.7 Rest of Asia Pacific       
 8.5 South America        
  8.5.1 Argentina       
  8.5.2 Brazil       
  8.5.3 Chile       
  8.5.4 Rest of South America       
 8.6 Middle East & Africa        
  8.6.1 Saudi Arabia       
  8.6.2 UAE       
  8.6.3 Qatar       
  8.6.4 South Africa       
  8.6.5 Rest of Middle East & Africa       
          
9 Key Developments         
 9.1 Agreements, Partnerships, Collaborations and Joint Ventures        
 9.2 Acquisitions & Mergers        
 9.3 New Product Launch        
 9.4 Expansions        
 9.5 Other Key Strategies        
          
10 Company Profiling         
 10.1 Danfoss        
 10.2 Carrier Commercial Refrigeration        
 10.3 Panasonic Corporation        
 10.4 Hillphoenix, Inc.        
 10.5 Advansor        
 10.6 Carnot Refrigeration        
 10.7 Henry Technologies, Inc.        
 10.8 Teko GmbH        
 10.9 Shecco SPRL        
 10.10 Green & Cool World Refrigeration AB        
 10.11 Mayekawa MFG. Co., Ltd.        
 10.12 Emerson Climate Technologies        
 10.13 Bitzer        
 10.14 Baltimore Aircoil Company, Inc.        
 10.15 SCM Frigo S.P.A.        
 10.16 Systemes LMP, Inc.        
 10.17 Hussmann Corporation        


List of Tables          
1 Global Transcritical CO2 Systems Market Outlook, By Region (2017-2027) ($MN)         
2 Global Transcritical CO2 Systems Market Outlook, By Function (2017-2027) ($MN)         
3 Global Transcritical CO2 Systems Market Outlook, By Heating (2017-2027) ($MN)         
4 Global Transcritical CO2 Systems Market Outlook, By Air Conditioning (2017-2027) ($MN)         
5 Global Transcritical CO2 Systems Market Outlook, By Refrigeration (2017-2027) ($MN)         
6 Global Transcritical CO2 Systems Market Outlook, By Application (2017-2027) ($MN)         
7 Global Transcritical CO2 Systems Market Outlook, By ICE Skating Rinks (2017-2027) ($MN)         
8 Global Transcritical CO2 Systems Market Outlook, By Heat Pumps (2017-2027) ($MN)         
9 Global Transcritical CO2 Systems Market Outlook, By Retail (2017-2027) ($MN)         
10 Global Transcritical CO2 Systems Market Outlook, By Hypermarkets (2017-2027) ($MN)         
11 Global Transcritical CO2 Systems Market Outlook, By Supermarkets & Convenience Stores (2017-2027) ($MN)         
12 Global Transcritical CO2 Systems Market Outlook, By Food Processing & Storage Facilities (2017-2027) ($MN)         
13 Global Transcritical CO2 Systems Market Outlook, By Other Applications (2017-2027) ($MN)         
14 Global Transcritical CO2 Systems Market Outlook, By Buildings (2017-2027) ($MN)         
15 Global Transcritical CO2 Systems Market Outlook, By Water Treatment Plants (2017-2027) ($MN)         
16 Global Transcritical CO2 Systems Market Outlook, By Hotels (2017-2027) ($MN)         
17 Global Transcritical CO2 Systems Market Outlook, By End User (2017-2027) ($MN)         
18 Global Transcritical CO2 Systems Market Outlook, By Marine (2017-2027) ($MN)         
19 Global Transcritical CO2 Systems Market Outlook, By Transportation (2017-2027) ($MN)         
20 Global Transcritical CO2 Systems Market Outlook, By Household (2017-2027) ($MN)         
21 Global Transcritical CO2 Systems Market Outlook, By Other End Users (2017-2027) ($MN)         
22 North America Transcritical CO2 Systems Market Outlook, By Country (2017-2027) ($MN)         
23 North America Transcritical CO2 Systems Market Outlook, By Function (2017-2027) ($MN)         
24 North America Transcritical CO2 Systems Market Outlook, By Heating (2017-2027) ($MN)         
25 North America Transcritical CO2 Systems Market Outlook, By Air Conditioning (2017-2027) ($MN)         
26 North America Transcritical CO2 Systems Market Outlook, By Refrigeration (2017-2027) ($MN)         
27 North America Transcritical CO2 Systems Market Outlook, By Application (2017-2027) ($MN)         
28 North America Transcritical CO2 Systems Market Outlook, By ICE Skating Rinks (2017-2027) ($MN)         
29 North America Transcritical CO2 Systems Market Outlook, By Heat Pumps (2017-2027) ($MN)         
30 North America Transcritical CO2 Systems Market Outlook, By Retail (2017-2027) ($MN)         
31 North America Transcritical CO2 Systems Market Outlook, By Hypermarkets (2017-2027) ($MN)         
32 North America Transcritical CO2 Systems Market Outlook, By Supermarkets & Convenience Stores (2017-2027) ($MN)         
33 North America Transcritical CO2 Systems Market Outlook, By Food Processing & Storage Facilities (2017-2027) ($MN)         
34 North America Transcritical CO2 Systems Market Outlook, By Other Applications (2017-2027) ($MN)         
35 North America Transcritical CO2 Systems Market Outlook, By Buildings (2017-2027) ($MN)         
36 North America Transcritical CO2 Systems Market Outlook, By Water Treatment Plants (2017-2027) ($MN)         
37 North America Transcritical CO2 Systems Market Outlook, By Hotels (2017-2027) ($MN)         
38 North America Transcritical CO2 Systems Market Outlook, By End User (2017-2027) ($MN)         
39 North America Transcritical CO2 Systems Market Outlook, By Marine (2017-2027) ($MN)         
40 North America Transcritical CO2 Systems Market Outlook, By Transportation (2017-2027) ($MN)         
41 North America Transcritical CO2 Systems Market Outlook, By Household (2017-2027) ($MN)         
42 North America Transcritical CO2 Systems Market Outlook, By Other End Users (2017-2027) ($MN)         
43 Europe Transcritical CO2 Systems Market Outlook, By Country (2017-2027) ($MN)         
44 Europe Transcritical CO2 Systems Market Outlook, By Function (2017-2027) ($MN)         
45 Europe Transcritical CO2 Systems Market Outlook, By Heating (2017-2027) ($MN)         
46 Europe Transcritical CO2 Systems Market Outlook, By Air Conditioning (2017-2027) ($MN)         
47 Europe Transcritical CO2 Systems Market Outlook, By Refrigeration (2017-2027) ($MN)         
48 Europe Transcritical CO2 Systems Market Outlook, By Application (2017-2027) ($MN)         
49 Europe Transcritical CO2 Systems Market Outlook, By ICE Skating Rinks (2017-2027) ($MN)         
50 Europe Transcritical CO2 Systems Market Outlook, By Heat Pumps (2017-2027) ($MN)         
51 Europe Transcritical CO2 Systems Market Outlook, By Retail (2017-2027) ($MN)         
52 Europe Transcritical CO2 Systems Market Outlook, By Hypermarkets (2017-2027) ($MN)         
53 Europe Transcritical CO2 Systems Market Outlook, By Supermarkets & Convenience Stores (2017-2027) ($MN)         
54 Europe Transcritical CO2 Systems Market Outlook, By Food Processing & Storage Facilities (2017-2027) ($MN)         
55 Europe Transcritical CO2 Systems Market Outlook, By Other Applications (2017-2027) ($MN)         
56 Europe Transcritical CO2 Systems Market Outlook, By Buildings (2017-2027) ($MN)         
57 Europe Transcritical CO2 Systems Market Outlook, By Water Treatment Plants (2017-2027) ($MN)         
58 Europe Transcritical CO2 Systems Market Outlook, By Hotels (2017-2027) ($MN)         
59 Europe Transcritical CO2 Systems Market Outlook, By End User (2017-2027) ($MN)         
60 Europe Transcritical CO2 Systems Market Outlook, By Marine (2017-2027) ($MN)         
61 Europe Transcritical CO2 Systems Market Outlook, By Transportation (2017-2027) ($MN)         
62 Europe Transcritical CO2 Systems Market Outlook, By Household (2017-2027) ($MN)         
63 Europe Transcritical CO2 Systems Market Outlook, By Other End Users (2017-2027) ($MN)         
64 Asia Pacific Transcritical CO2 Systems Market Outlook, By Country (2017-2027) ($MN)         
65 Asia Pacific Transcritical CO2 Systems Market Outlook, By Function (2017-2027) ($MN)         
66 Asia Pacific Transcritical CO2 Systems Market Outlook, By Heating (2017-2027) ($MN)         
67 Asia Pacific Transcritical CO2 Systems Market Outlook, By Air Conditioning (2017-2027) ($MN)         
68 Asia Pacific Transcritical CO2 Systems Market Outlook, By Refrigeration (2017-2027) ($MN)         
69 Asia Pacific Transcritical CO2 Systems Market Outlook, By Application (2017-2027) ($MN)         
70 Asia Pacific Transcritical CO2 Systems Market Outlook, By ICE Skating Rinks (2017-2027) ($MN)         
71 Asia Pacific Transcritical CO2 Systems Market Outlook, By Heat Pumps (2017-2027) ($MN)         
72 Asia Pacific Transcritical CO2 Systems Market Outlook, By Retail (2017-2027) ($MN)         
73 Asia Pacific Transcritical CO2 Systems Market Outlook, By Hypermarkets (2017-2027) ($MN)         
74 Asia Pacific Transcritical CO2 Systems Market Outlook, By Supermarkets & Convenience Stores (2017-2027) ($MN)         
75 Asia Pacific Transcritical CO2 Systems Market Outlook, By Food Processing & Storage Facilities (2017-2027) ($MN)         
76 Asia Pacific Transcritical CO2 Systems Market Outlook, By Other Applications (2017-2027) ($MN)         
77 Asia Pacific Transcritical CO2 Systems Market Outlook, By Buildings (2017-2027) ($MN)         
78 Asia Pacific Transcritical CO2 Systems Market Outlook, By Water Treatment Plants (2017-2027) ($MN)         
79 Asia Pacific Transcritical CO2 Systems Market Outlook, By Hotels (2017-2027) ($MN)         
80 Asia Pacific Transcritical CO2 Systems Market Outlook, By End User (2017-2027) ($MN)         
81 Asia Pacific Transcritical CO2 Systems Market Outlook, By Marine (2017-2027) ($MN)         
82 Asia Pacific Transcritical CO2 Systems Market Outlook, By Transportation (2017-2027) ($MN)         
83 Asia Pacific Transcritical CO2 Systems Market Outlook, By Household (2017-2027) ($MN)         
84 Asia Pacific Transcritical CO2 Systems Market Outlook, By Other End Users (2017-2027) ($MN)         
85 South America Transcritical CO2 Systems Market Outlook, By Country (2017-2027) ($MN)         
86 South America Transcritical CO2 Systems Market Outlook, By Function (2017-2027) ($MN)         
87 South America Transcritical CO2 Systems Market Outlook, By Heating (2017-2027) ($MN)         
88 South America Transcritical CO2 Systems Market Outlook, By Air Conditioning (2017-2027) ($MN)         
89 South America Transcritical CO2 Systems Market Outlook, By Refrigeration (2017-2027) ($MN)         
90 South America Transcritical CO2 Systems Market Outlook, By Application (2017-2027) ($MN)         
91 South America Transcritical CO2 Systems Market Outlook, By ICE Skating Rinks (2017-2027) ($MN)         
92 South America Transcritical CO2 Systems Market Outlook, By Heat Pumps (2017-2027) ($MN)         
93 South America Transcritical CO2 Systems Market Outlook, By Retail (2017-2027) ($MN)         
94 South America Transcritical CO2 Systems Market Outlook, By Hypermarkets (2017-2027) ($MN)         
95 South America Transcritical CO2 Systems Market Outlook, By Supermarkets & Convenience Stores (2017-2027) ($MN)         
96 South America Transcritical CO2 Systems Market Outlook, By Food Processing & Storage Facilities (2017-2027) ($MN)         
97 South America Transcritical CO2 Systems Market Outlook, By Other Applications (2017-2027) ($MN)         
98 South America Transcritical CO2 Systems Market Outlook, By Buildings (2017-2027) ($MN)         
99 South America Transcritical CO2 Systems Market Outlook, By Water Treatment Plants (2017-2027) ($MN)         
100 South America Transcritical CO2 Systems Market Outlook, By Hotels (2017-2027) ($MN)         
101 South America Transcritical CO2 Systems Market Outlook, By End User (2017-2027) ($MN)         
102 South America Transcritical CO2 Systems Market Outlook, By Marine (2017-2027) ($MN)         
103 South America Transcritical CO2 Systems Market Outlook, By Transportation (2017-2027) ($MN)         
104 South America Transcritical CO2 Systems Market Outlook, By Household (2017-2027) ($MN)         
105 South America Transcritical CO2 Systems Market Outlook, By Other End Users (2017-2027) ($MN)         
106 Middle East & Africa Transcritical CO2 Systems Market Outlook, By Country (2017-2027) ($MN)         
107 Middle East & Africa Transcritical CO2 Systems Market Outlook, By Function (2017-2027) ($MN)         
108 Middle East & Africa Transcritical CO2 Systems Market Outlook, By Heating (2017-2027) ($MN)         
109 Middle East & Africa Transcritical CO2 Systems Market Outlook, By Air Conditioning (2017-2027) ($MN)         
110 Middle East & Africa Transcritical CO2 Systems Market Outlook, By Refrigeration (2017-2027) ($MN)         
111 Middle East & Africa Transcritical CO2 Systems Market Outlook, By Application (2017-2027) ($MN)         
112 Middle East & Africa Transcritical CO2 Systems Market Outlook, By ICE Skating Rinks (2017-2027) ($MN)         
113 Middle East & Africa Transcritical CO2 Systems Market Outlook, By Heat Pumps (2017-2027) ($MN)         
114 Middle East & Africa Transcritical CO2 Systems Market Outlook, By Retail (2017-2027) ($MN)         
115 Middle East & Africa Transcritical CO2 Systems Market Outlook, By Hypermarkets (2017-2027) ($MN)         
116 Middle East & Africa Transcritical CO2 Systems Market Outlook, By Supermarkets & Convenience Stores (2017-2027) ($MN)         
117 Middle East & Africa Transcritical CO2 Systems Market Outlook, By Food Processing & Storage Facilities (2017-2027) ($MN)         
118 Middle East & Africa Transcritical CO2 Systems Market Outlook, By Other Applications (2017-2027) ($MN)         
119 Middle East & Africa Transcritical CO2 Systems Market Outlook, By Buildings (2017-2027) ($MN)         
120 Middle East & Africa Transcritical CO2 Systems Market Outlook, By Water Treatment Plants (2017-2027) ($MN)         
121 Middle East & Africa Transcritical CO2 Systems Market Outlook, By Hotels (2017-2027) ($MN)         
122 Middle East & Africa Transcritical CO2 Systems Market Outlook, By End User (2017-2027) ($MN)         
123 Middle East & Africa Transcritical CO2 Systems Market Outlook, By Marine (2017-2027) ($MN)         
124 Middle East & Africa Transcritical CO2 Systems Market Outlook, By Transportation (2017-2027) ($MN)         
125 Middle East & Africa Transcritical CO2 Systems Market Outlook, By Household (2017-2027) ($MN)         
126 Middle East & Africa Transcritical CO2 Systems Market Outlook, By Other End Users (2017-2027) ($MN)         

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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