Market Forecast by Countries (China, India, Japan, Australia, Indonesia, Philippines, Thailand, Malaysia, Singapore, Rest of Asia), By Heating Equipment (Heating Pumps, Furnaces, Boilers, Space heaters, Unitary heaters, Others), By Cooling Equipments (Cooling Towers, Chillers, Coolers, Air conditioners, Others), By General Components (Condensers, Compressors, Radiators, Sensors, Transducers, Others), By End-User Industries (Residential, Commercial, Healthcare Industry, Educational and government institutions, Others) And Competitive Landscape
Product Code: ETC056874 | Publication Date: May 2021 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Asia Pacific Refrigeration and Heating Equipment Market are anticipated to register sound revenues in the coming timeframe on the back of the rising product application in various sectors such as food & beverage, healthcare, and commercial. Additionally, in the entire region, India Refrigeration and Heating Equipment Market are estimated to gain traction in the market underpinned by the rising potential growth of the pharmaceutical sector which is instigating massive growth in the production of medicines. There is no doubt, that the pharmacology domain across the region is gaining massive growth prospects and is expected to be a growth proliferator for the product market in the coming time zone.
Asia Pacific Refrigeration and Heating Equipment Market will grow exponentially in the coming years. Increasing construction, improving transportation facilities, change in lifestyle, and implementation of sustainable policies are the key factors that are stimulation the Asia-Pacific refrigeration and heating equipment market of the flooring market. Asia Pacific region is severely hit by the COVID-19 pandemic which shrunk the market but China and Singapore are returning to the normal growth rate whereas the regional growth rate is below the past trends.
According to 6Wresearch, Asia Pacific Refrigeration and Heating Equipment Market size is anticipated to register growth during 2021-27. Asia-Pacific region is dominating the refrigeration and heating equipment market. China, Japan, and India are the highest revenue generation markets. Blend of government policies, technological advancements, growth of the retail sector, commercial refrigeration, increasing demand for packed food, change in lifestyle and innovation, are key drivers of the refrigeration and heating equipment market. Industries in the Asia-pacific region are adapting themselves to changing climatic conditions and the replacement of aging equipment is further complementing the market growth.
The Asia-Pacific refrigeration and heating equipment market is segmented based on products which include heating, cooling, and ventilation, and end-use which are residential, commercial, and industrial. Major players in the Asia-Pacific refrigeration and heating equipment market are Mitsubishi Electric Corp, LG Corporation, Lennox International, Daikin Industries Ltd, and Samsung Electronics. Based on verticals, the Asia-Pacific refrigeration and heating equipment market includes housing, hospitality, commercial, and sports.Â
The Asia Pacific refrigeration and heating equipment market report thoroughly covers the market by heating equipment, cooling equipment, general component, end-user industries, and countries including India, China, Japan, Australia, Thailand, Indonesia, and the Rest of Asia Pacific. The Asia-Pacific refrigeration and heating equipment market outlook report provides an unbiased and detailed analysis of the ongoing Asia-Pacific heating and refrigeration equipment market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Asia Pacific Refrigeration and Heating Equipment Market are anticipated to register sound revenues in the coming timeframe on the back of the rising product application in various sectors such as food & beverage, healthcare, and commercial. Additionally, in the entire region, India Refrigeration and Heating Equipment Market are estimated to gain traction in the market underpinned by the rising potential growth of the pharmaceutical sector which is instigating massive growth in the production of medicines. There is no doubt, that the pharmacology domain across the region is gaining massive growth prospects and is expected to be a growth proliferator for the product market in the coming time zone.
Asia Pacific Refrigeration and Heating Equipment Market will grow exponentially in the coming years. Increasing construction, improving transportation facilities, change in lifestyle, and implementation of sustainable policies are the key factors that are stimulation the Asia-Pacific refrigeration and heating equipment market of the flooring market. Asia Pacific region is severely hit by the COVID-19 pandemic which shrunk the market but China and Singapore are returning to the normal growth rate whereas the regional growth rate is below the past trends.
According to 6Wresearch, Asia Pacific Refrigeration and Heating Equipment Market size is anticipated to register growth during 2021-27. Asia-Pacific region is dominating the refrigeration and heating equipment market. China, Japan, and India are the highest revenue generation markets. Blend of government policies, technological advancements, growth of the retail sector, commercial refrigeration, increasing demand for packed food, change in lifestyle and innovation, are key drivers of the refrigeration and heating equipment market. Industries in the Asia-pacific region are adapting themselves to changing climatic conditions and the replacement of aging equipment is further complementing the market growth.
The Asia-Pacific refrigeration and heating equipment market is segmented based on products which include heating, cooling, and ventilation, and end-use which are residential, commercial, and industrial. Major players in the Asia-Pacific refrigeration and heating equipment market are Mitsubishi Electric Corp, LG Corporation, Lennox International, Daikin Industries Ltd, and Samsung Electronics. Based on verticals, the Asia-Pacific refrigeration and heating equipment market includes housing, hospitality, commercial, and sports.Â
The Asia Pacific refrigeration and heating equipment market report thoroughly covers the market by heating equipment, cooling equipment, general component, end-user industries, and countries including India, China, Japan, Australia, Thailand, Indonesia, and the Rest of Asia Pacific. The Asia-Pacific refrigeration and heating equipment market outlook report provides an unbiased and detailed analysis of the ongoing Asia-Pacific heating and refrigeration equipment market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The demand for Asia Pacific (APAC) refrigeration and heating equipment market is increasing on account of growing demand for energy efficient equipment as well as stringent government regulations towards the use of energy efficient equipment. Additionally, as the standard of living improves in the Asia Pacific region, there is a rising demand for refrigeration and heating equipment in the residential and commercial sectors. Further, governments in the Asia Pacific region are promoting the use of energy-efficient refrigeration and heating equipment through various initiatives and regulations. This is driving the demand for such equipment in the market. However, the high cost of refrigeration and heating equipment is a major challenge in the market. This can be a barrier for small and medium-sized enterprises (SMEs) and individual consumers. Further, the market is flooded with low-quality and low-priced refrigeration and heating equipment, which is hampering the growth of the market.
Markets Covered
The market report covers the following segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Asia Pacific Refrigeration and Heating Equipment Market Overview |
3.1 Asia Pacific Regional Macro Economic Indicators |
3.2 Asia Pacific Refrigeration and Heating Equipment Market Revenues & Volume, 2020 & 2027F |
3.3 Asia Pacific Refrigeration and Heating Equipment Market - Industry Life Cycle |
3.4 Asia Pacific Refrigeration and Heating Equipment Market - Porter's Five Forces |
3.5 Asia Pacific Refrigeration and Heating Equipment Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Asia Pacific Refrigeration and Heating Equipment Market Revenues & Volume Share, By Heating equipment, 2020 & 2027F |
3.7 Asia Pacific Refrigeration and Heating Equipment Market Revenues & Volume Share, By Cooling Equipments, 2020 & 2027F |
3.8 Asia Pacific Refrigeration and Heating Equipment Market Revenues & Volume Share, By General Components, 2020 & 2027F |
3.9 Asia Pacific Refrigeration and Heating Equipment Market Revenues & Volume Share, By End-User Industries, 2020 & 2027F |
4 Asia Pacific Refrigeration and Heating Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Asia Pacific Refrigeration and Heating Equipment Market Trends |
6 Asia Pacific Refrigeration and Heating Equipment Market, 2017 - 2027 |
6.1 Asia Pacific Refrigeration and Heating Equipment Market, Revenues & Volume, By Heating equipment, 2017 - 2027 |
6.2 Asia Pacific Refrigeration and Heating Equipment Market, Revenues & Volume, By Cooling Equipments, 2017 - 2027 |
6.3 Asia Pacific Refrigeration and Heating Equipment Market, Revenues & Volume, By General Components, 2017 - 2027 |
6.4 Asia Pacific Refrigeration and Heating Equipment Market, Revenues & Volume, By End-User Industries, 2017 - 2027 |
7 China Refrigeration and Heating Equipment Market, 2017 - 2027 |
7.1 China Refrigeration and Heating Equipment Market, Revenues & Volume, By Heating equipment, 2017 - 2027 |
7.2 China Refrigeration and Heating Equipment Market, Revenues & Volume, By Cooling Equipments, 2017 - 2027 |
7.3 China Refrigeration and Heating Equipment Market, Revenues & Volume, By General Components, 2017 - 2027 |
7.4 China Refrigeration and Heating Equipment Market, Revenues & Volume, By End-User Industries, 2017 - 2027 |
8 India Refrigeration and Heating Equipment Market, 2017 - 2027 |
8.1 India Refrigeration and Heating Equipment Market, Revenues & Volume, By Heating equipment, 2017 - 2027 |
8.2 India Refrigeration and Heating Equipment Market, Revenues & Volume, By Cooling Equipments, 2017 - 2027 |
8.3 India Refrigeration and Heating Equipment Market, Revenues & Volume, By General Components, 2017 - 2027 |
8.4 India Refrigeration and Heating Equipment Market, Revenues & Volume, By End-User Industries, 2017 - 2027 |
9 Japan Refrigeration and Heating Equipment Market, 2017 - 2027 |
9.1 Japan Refrigeration and Heating Equipment Market, Revenues & Volume, By Heating equipment, 2017 - 2027 |
9.2 Japan Refrigeration and Heating Equipment Market, Revenues & Volume, By Cooling Equipments, 2017 - 2027 |
9.3 Japan Refrigeration and Heating Equipment Market, Revenues & Volume, By General Components, 2017 - 2027 |
9.4 Japan Refrigeration and Heating Equipment Market, Revenues & Volume, By End-User Industries, 2017 - 2027 |
10 Australia Refrigeration and Heating Equipment Market, 2017 - 2027 |
10.1 Australia Refrigeration and Heating Equipment Market, Revenues & Volume, By Heating equipment, 2017 - 2027 |
10.2 Australia Refrigeration and Heating Equipment Market, Revenues & Volume, By Cooling Equipments, 2017 - 2027 |
10.3 Australia Refrigeration and Heating Equipment Market, Revenues & Volume, By General Components, 2017 - 2027 |
10.4 Australia Refrigeration and Heating Equipment Market, Revenues & Volume, By End-User Industries, 2017 - 2027 |
11 Indonesia Refrigeration and Heating Equipment Market, 2017 - 2027 |
11.1 Indonesia Refrigeration and Heating Equipment Market, Revenues & Volume, By Heating equipment, 2017 - 2027 |
11.2 Indonesia Refrigeration and Heating Equipment Market, Revenues & Volume, By Cooling Equipments, 2017 - 2027 |
11.3 Indonesia Refrigeration and Heating Equipment Market, Revenues & Volume, By General Components, 2017 - 2027 |
11.4 Indonesia Refrigeration and Heating Equipment Market, Revenues & Volume, By End-User Industries, 2017 - 2027 |
12 Philippines Refrigeration and Heating Equipment Market, 2017 - 2027 |
12.1 Philippines Refrigeration and Heating Equipment Market, Revenues & Volume, By Heating equipment, 2017 - 2027 |
12.2 Philippines Refrigeration and Heating Equipment Market, Revenues & Volume, By Cooling Equipments, 2017 - 2027 |
12.3 Philippines Refrigeration and Heating Equipment Market, Revenues & Volume, By General Components, 2017 - 2027 |
12.4 Philippines Refrigeration and Heating Equipment Market, Revenues & Volume, By End-User Industries, 2017 - 2027 |
13 Thailand Refrigeration and Heating Equipment Market, 2017 - 2027 |
13.1 Thailand Refrigeration and Heating Equipment Market, Revenues & Volume, By Heating equipment, 2017 - 2027 |
13.2 Thailand Refrigeration and Heating Equipment Market, Revenues & Volume, By Cooling Equipments, 2017 - 2027 |
13.3 Thailand Refrigeration and Heating Equipment Market, Revenues & Volume, By General Components, 2017 - 2027 |
13.4 Thailand Refrigeration and Heating Equipment Market, Revenues & Volume, By End-User Industries, 2017 - 2027 |
14 Malaysia Refrigeration and Heating Equipment Market, 2017 - 2027 |
14.1 Malaysia Refrigeration and Heating Equipment Market, Revenues & Volume, By Heating equipment, 2017 - 2027 |
14.2 Malaysia Refrigeration and Heating Equipment Market, Revenues & Volume, By Cooling Equipments, 2017 - 2027 |
14.3 Malaysia Refrigeration and Heating Equipment Market, Revenues & Volume, By General Components, 2017 - 2027 |
14.4 Malaysia Refrigeration and Heating Equipment Market, Revenues & Volume, By End-User Industries, 2017 - 2027 |
15 Singapore Refrigeration and Heating Equipment Market, 2017 - 2027 |
16 Rest of Asia Refrigeration and Heating Equipment Market, 2017 - 2027 |
16.1 Rest of Asia Refrigeration and Heating Equipment Market, Revenues & Volume, By Heating equipment, 2017 - 2027 |
16.2 Rest of Asia Refrigeration and Heating Equipment Market, Revenues & Volume, By Cooling Equipments, 2017 - 2027 |
16.3 Rest of Asia Refrigeration and Heating Equipment Market, Revenues & Volume, By General Components, 2017 - 2027 |
16.4 Rest of Asia Refrigeration and Heating Equipment Market, Revenues & Volume, By End-User Industries, 2017 - 2027 |
17 Asia Pacific Refrigeration and Heating Equipment Market Key Performance Indicators |
18 Asia Pacific Refrigeration and Heating Equipment Market - Opportunity Assessment |
18.1 Asia Pacific Refrigeration and Heating Equipment Market Opportunity Assessment, By Countries, 2020 & 2027F |
18.2 Asia Pacific Refrigeration and Heating Equipment Market Opportunity Assessment, By Heating equipment, 2020 & 2027F |
18.3 Asia Pacific Refrigeration and Heating Equipment Market Opportunity Assessment, By Cooling Equipments, 2020 & 2027F |
18.4 Asia Pacific Refrigeration and Heating Equipment Market Opportunity Assessment, By General Components, 2020 & 2027F |
18.5 Asia Pacific Refrigeration and Heating Equipment Market Opportunity Assessment, By End-User Industries, 2020 & 2027F |
19 Asia Pacific Refrigeration and Heating Equipment Market - Competitive Landscape |
19.1 Asia Pacific Refrigeration and Heating Equipment Market Revenue Share, By Companies, 2020 |
19.2 Asia Pacific Refrigeration and Heating Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
20 Company Profiles |
21 Recommendations |
22 Disclaimer |