| Product Code: ETC5691864 | Publication Date: Nov 2023 | Updated Date: Jan 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Canada`s import trend for the condensing unit market exhibited a notable growth rate of 28.49% from 2023 to 2024, with a compound annual growth rate (CAGR) of 14.45% for the period 2020-2024. This surge in imports can be attributed to a significant demand shift towards energy-efficient cooling solutions in the Canadian market.

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 Canada Condensing Unit Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Condensing Unit Market Revenues & Volume, 2021 & 2031F |
3.3 Canada Condensing Unit Market - Industry Life Cycle |
3.4 Canada Condensing Unit Market - Porter's Five Forces |
3.5 Canada Condensing Unit Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Canada Condensing Unit Market Revenues & Volume Share, By Function, 2021 & 2031F |
3.7 Canada Condensing Unit Market Revenues & Volume Share, By Compressor Type, 2021 & 2031F |
3.8 Canada Condensing Unit Market Revenues & Volume Share, By Refrigerant Type, 2021 & 2031F |
3.9 Canada Condensing Unit Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Canada Condensing Unit Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient cooling solutions |
4.2.2 Growing adoption of refrigeration and air conditioning systems in commercial and industrial sectors |
4.2.3 Stringent government regulations promoting the use of environmentally friendly refrigerants |
4.3 Market Restraints |
4.3.1 High initial costs associated with condensing units |
4.3.2 Limited awareness about the benefits of condensing units compared to traditional systems |
4.3.3 Fluctuating raw material prices impacting manufacturing costs |
5 Canada Condensing Unit Market Trends |
6 Canada Condensing Unit Market Segmentations |
6.1 Canada Condensing Unit Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Canada Condensing Unit Market Revenues & Volume, By Air-cooled, 2021-2031F |
6.1.3 Canada Condensing Unit Market Revenues & Volume, By Water-cooled, 2021-2031F |
6.2 Canada Condensing Unit Market, By Function |
6.2.1 Overview and Analysis |
6.2.2 Canada Condensing Unit Market Revenues & Volume, By Air Conditioning, 2021-2031F |
6.2.3 Canada Condensing Unit Market Revenues & Volume, By Refrigeration, 2021-2031F |
6.2.4 Canada Condensing Unit Market Revenues & Volume, By Heat Pumps, 2021-2031F |
6.3 Canada Condensing Unit Market, By Compressor Type |
6.3.1 Overview and Analysis |
6.3.2 Canada Condensing Unit Market Revenues & Volume, By Reciprocating Compressors, 2021-2031F |
6.3.3 Canada Condensing Unit Market Revenues & Volume, By Screw Compressors, 2021-2031F |
6.3.4 Canada Condensing Unit Market Revenues & Volume, By Rotary Compressors, 2021-2031F |
6.3.5 Canada Condensing Unit Market Revenues & Volume, By Others, 2021-2031F |
6.4 Canada Condensing Unit Market, By Refrigerant Type |
6.4.1 Overview and Analysis |
6.4.2 Canada Condensing Unit Market Revenues & Volume, By Fluorocarbons, 2021-2031F |
6.4.3 Canada Condensing Unit Market Revenues & Volume, By Hydrocarbons, 2021-2031F |
6.4.4 Canada Condensing Unit Market Revenues & Volume, By Inorganics, 2021-2031F |
6.5 Canada Condensing Unit Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Canada Condensing Unit Market Revenues & Volume, By Industrial, 2021-2031F |
6.5.3 Canada Condensing Unit Market Revenues & Volume, By Commercial, 2021-2031F |
6.5.4 Canada Condensing Unit Market Revenues & Volume, By Transportation, 2021-2031F |
7 Canada Condensing Unit Market Import-Export Trade Statistics |
7.1 Canada Condensing Unit Market Export to Major Countries |
7.2 Canada Condensing Unit Market Imports from Major Countries |
8 Canada Condensing Unit Market Key Performance Indicators |
8.1 Energy efficiency ratings of condensing units |
8.2 Number of new commercial and industrial construction projects using condensing units |
8.3 Compliance with government regulations on refrigerant usage |
8.4 Rate of adoption of condensing units in the retrofit market |
8.5 Average lifespan of condensing units in operation |
9 Canada Condensing Unit Market - Opportunity Assessment |
9.1 Canada Condensing Unit Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Canada Condensing Unit Market Opportunity Assessment, By Function, 2021 & 2031F |
9.3 Canada Condensing Unit Market Opportunity Assessment, By Compressor Type, 2021 & 2031F |
9.4 Canada Condensing Unit Market Opportunity Assessment, By Refrigerant Type, 2021 & 2031F |
9.5 Canada Condensing Unit Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Canada Condensing Unit Market - Competitive Landscape |
10.1 Canada Condensing Unit Market Revenue Share, By Companies, 2024 |
10.2 Canada Condensing Unit Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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