| Product Code: ETC5691887 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In the Greece condensing unit market, imports experienced a notable growth trend, with a 9.6% increase from 2023 to 2024. The compound annual growth rate (CAGR) for imports in the period 2020-2024 stood at 4.74%. This import momentum can be attributed to a consistent demand shift towards more efficient cooling solutions in the market, driving the need for increased imports to meet consumer needs and regulatory requirements.
The condensing unit market in Greece is expanding as demand for refrigeration systems in the food and beverage industry grows. Condensing units are essential components of refrigeration systems, providing cooling and temperature regulation. With increased focus on food preservation and energy-efficient solutions, the market for condensing units is expected to grow.
The condensing unit market in Greece is driven by the growing demand for refrigeration and air-conditioning systems in both residential and commercial sectors. As the need for energy-efficient cooling solutions rises, the adoption of advanced condensing units that provide better performance and lower energy consumption is increasing. The expanding hospitality and retail industries, coupled with hot summer temperatures in Greece, contribute to the steady demand for refrigeration and air conditioning, thereby driving the growth of the condensing unit market.
The condensing unit market in Greece is impacted by high energy costs and the demand for more energy-efficient refrigeration solutions, which puts pressure on manufacturers to innovate. Additionally, stringent environmental regulations, particularly regarding refrigerants, require investments in environmentally friendly technologies, adding to the market`s operational challenges.
The condensing unit market in Greece is shaped by government regulations promoting energy efficiency and the use of eco-friendly refrigerants in the refrigeration and air conditioning sectors. Policies that encourage the adoption of energy-efficient systems and environmentally sustainable practices in industrial refrigeration are key drivers of market growth.
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 Greece Condensing Unit Market Overview |
3.1 Greece Country Macro Economic Indicators |
3.2 Greece Condensing Unit Market Revenues & Volume, 2021 & 2031F |
3.3 Greece Condensing Unit Market - Industry Life Cycle |
3.4 Greece Condensing Unit Market - Porter's Five Forces |
3.5 Greece Condensing Unit Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Greece Condensing Unit Market Revenues & Volume Share, By Function, 2021 & 2031F |
3.7 Greece Condensing Unit Market Revenues & Volume Share, By Compressor Type, 2021 & 2031F |
3.8 Greece Condensing Unit Market Revenues & Volume Share, By Refrigerant Type, 2021 & 2031F |
3.9 Greece Condensing Unit Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Greece Condensing Unit Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for energy-efficient cooling solutions |
4.2.2 Increasing focus on reducing greenhouse gas emissions |
4.2.3 Government initiatives promoting energy efficiency in commercial and industrial sectors |
4.3 Market Restraints |
4.3.1 High initial investment costs for condensing units |
4.3.2 Fluctuating raw material prices affecting manufacturing costs |
4.3.3 Competition from traditional cooling systems like air-cooled condensers |
5 Greece Condensing Unit Market Trends |
6 Greece Condensing Unit Market Segmentations |
6.1 Greece Condensing Unit Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Greece Condensing Unit Market Revenues & Volume, By Air-cooled, 2021-2031F |
6.1.3 Greece Condensing Unit Market Revenues & Volume, By Water-cooled, 2021-2031F |
6.2 Greece Condensing Unit Market, By Function |
6.2.1 Overview and Analysis |
6.2.2 Greece Condensing Unit Market Revenues & Volume, By Air Conditioning, 2021-2031F |
6.2.3 Greece Condensing Unit Market Revenues & Volume, By Refrigeration, 2021-2031F |
6.2.4 Greece Condensing Unit Market Revenues & Volume, By Heat Pumps, 2021-2031F |
6.3 Greece Condensing Unit Market, By Compressor Type |
6.3.1 Overview and Analysis |
6.3.2 Greece Condensing Unit Market Revenues & Volume, By Reciprocating Compressors, 2021-2031F |
6.3.3 Greece Condensing Unit Market Revenues & Volume, By Screw Compressors, 2021-2031F |
6.3.4 Greece Condensing Unit Market Revenues & Volume, By Rotary Compressors, 2021-2031F |
6.3.5 Greece Condensing Unit Market Revenues & Volume, By Others, 2021-2031F |
6.4 Greece Condensing Unit Market, By Refrigerant Type |
6.4.1 Overview and Analysis |
6.4.2 Greece Condensing Unit Market Revenues & Volume, By Fluorocarbons, 2021-2031F |
6.4.3 Greece Condensing Unit Market Revenues & Volume, By Hydrocarbons, 2021-2031F |
6.4.4 Greece Condensing Unit Market Revenues & Volume, By Inorganics, 2021-2031F |
6.5 Greece Condensing Unit Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Greece Condensing Unit Market Revenues & Volume, By Industrial, 2021-2031F |
6.5.3 Greece Condensing Unit Market Revenues & Volume, By Commercial, 2021-2031F |
6.5.4 Greece Condensing Unit Market Revenues & Volume, By Transportation, 2021-2031F |
7 Greece Condensing Unit Market Import-Export Trade Statistics |
7.1 Greece Condensing Unit Market Export to Major Countries |
7.2 Greece Condensing Unit Market Imports from Major Countries |
8 Greece Condensing Unit Market Key Performance Indicators |
8.1 Energy efficiency ratings of condensing units |
8.2 Adoption rate of environmentally friendly refrigerants |
8.3 Number of government policies supporting energy-efficient cooling technologies |
9 Greece Condensing Unit Market - Opportunity Assessment |
9.1 Greece Condensing Unit Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Greece Condensing Unit Market Opportunity Assessment, By Function, 2021 & 2031F |
9.3 Greece Condensing Unit Market Opportunity Assessment, By Compressor Type, 2021 & 2031F |
9.4 Greece Condensing Unit Market Opportunity Assessment, By Refrigerant Type, 2021 & 2031F |
9.5 Greece Condensing Unit Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Greece Condensing Unit Market - Competitive Landscape |
10.1 Greece Condensing Unit Market Revenue Share, By Companies, 2024 |
10.2 Greece Condensing Unit Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |