Condensing Unit Market Players:
- Emerson Electric Co.
- Carrier.
- Danfoss
- GEA Group Aktiengesellschaft
- Heatcraft Worldwide Refrigeration
- Voltas, Inc.
- BITZER Kühlmaschinenbau GmbH
- Baltimore Aircoil Company
- Dorin S.p.A.
- PanasonicCorporation
To keep a competitive advantage, the major competitors in the condensing unit market are continuously involved in strategic efforts. Among the major participants in the industry are:
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2026, the industry size of condensing unit is estimated at USD 49.7 billion.
The global condensing unit market size was more than USD 46.6 billion in 2025 and is anticipated to grow at a CAGR of around 7.4%, reaching USD 95.15 billion revenue by 2035.
Asia Pacific condensing unit market is anticipated to capture 37% share by 2035, driven by the rising demand for frozen meat and industrial refrigeration.
Key players in the market include Emerson Electric Co., Carrier, Danfoss, GEA Group Aktiengesellschaft, Heatcraft Worldwide Refrigeration, Voltas, BITZER Kühlmaschinenbau GmbH, Baltimore Aircoil.