Product Code: ETC303384 | Publication Date: Aug 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The India Refrigeration Compressor Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 13.20% in 2025, the market peaks at 14.44% in 2028, and settles at 14.01% by 2029.
The India refrigeration compressor market is expected to witness a healthy growth in the coming years. Refrigeration compressors are used across multiple industries including food & beverage, pharmaceuticals, chemicals and others. In India, the demand for refrigeration compressors has been increasing due to its increasing application in residential as well commercial establishments for cooling purposes such as cold storage facilities, super markets and restaurants among others. Moreover, growing awareness about green technologies like inverter type of air conditioners which use less electricity than conventional ones have also increased significantly over the past couple of years driving their sales further up thus supporting the growth of refrigerator compressor market in India.
The rising disposable income levels among consumers along with rapid urbanization has fueled demand for advanced refrigerators models that require more efficient components such as compressors resulting into increase product sales. Furthermore, government initiatives towards promoting energy efficiency projects and creating infrastructure regarding climate control systems will likely drive growth prospects for this sector during forecast period (2025-2031). Growing number of supermarkets and malls combined with rise in preference towards packaged food products will fuel growth prospects for this segment during forthcoming years.
High cost associated with upgrading existing systems especially when it comes to small scale enterprises may hamper industry outlook over next few years coupled with fluctuating raw material prices which could put pressure on profit margins of major manufacturers operating within domestic marketplace thereby restraining overall development trajectory of India compressor industry till 2031..
In wake recent pandemic outbreak entire industry had witnessed significant downturn owing to disruption supply chain operations which triggered short term slowdown end user segments leading decline consumption levels thus impacting overall revenue generation capabilities major players present within country?s environment system domain. However , gradual revival economic activities seen since past few months given impetus buying sentiments most customers paving way new opportunities investments.
The key players operating in India Refrigerator Compressor Market include Kirloskar Oil Engines Ltd., Whirlpool Corporation Danfoss Industries Pvt Ltd., Voltas Limited , Johnson Controls Hitachi Appliances Inc LG Electronics Inc Samsung Electronics Co., Ltd Electrolux AB Emerson Electric Company Daikin Industries Ltd Panasonic Corporation Copeland Corporation Carrier Corporation Sanden Holdings Corp Mitsubishi Electric Corp etc.
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 India Refrigeration Compressor Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Refrigeration Compressor Market Revenues & Volume, 2021 & 2031F |
3.3 India Refrigeration Compressor Market - Industry Life Cycle |
3.4 India Refrigeration Compressor Market - Porter's Five Forces |
3.5 India Refrigeration Compressor Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Refrigeration Compressor Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Refrigeration Compressor Market Revenues & Volume Share, By Used, 2021 & 2031F |
3.8 India Refrigeration Compressor Market Revenues & Volume Share, By Industry, 2021 & 2031F |
4 India Refrigeration Compressor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for cold storage and refrigerated transportation in the food and beverage industry |
4.2.2 Increasing adoption of energy-efficient refrigeration systems |
4.2.3 Expansion of the pharmaceutical and healthcare sector driving the need for temperature-controlled storage solutions |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting manufacturing costs |
4.3.2 Technological advancements leading to the need for continuous upgrades and investments in RD |
5 India Refrigeration Compressor Market Trends |
6 India Refrigeration Compressor Market, By Types |
6.1 India Refrigeration Compressor Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Refrigeration Compressor Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Refrigeration Compressor Market Revenues & Volume, By Reciprocating Compressor, 2021-2031F |
6.1.4 India Refrigeration Compressor Market Revenues & Volume, By Screw Compressor, 2021-2031F |
6.1.5 India Refrigeration Compressor Market Revenues & Volume, By Centrifugal Compressor, 2021-2031F |
6.1.6 India Refrigeration Compressor Market Revenues & Volume, By Rotary Compressor, 2021-2031F |
6.1.7 India Refrigeration Compressor Market Revenues & Volume, By Scroll Compressor, 2021-2031F |
6.1.8 India Refrigeration Compressor Market Revenues & Volume, By Others, 2021-2031F |
6.2 India Refrigeration Compressor Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Refrigeration Compressor Market Revenues & Volume, By Domestic, 2021-2031F |
6.2.3 India Refrigeration Compressor Market Revenues & Volume, By Commercial, 2021-2031F |
6.3 India Refrigeration Compressor Market, By Used |
6.3.1 Overview and Analysis |
6.3.2 India Refrigeration Compressor Market Revenues & Volume, By Co2, 2021-2031F |
6.3.3 India Refrigeration Compressor Market Revenues & Volume, By R290, 2021-2031F |
6.3.4 India Refrigeration Compressor Market Revenues & Volume, By R410a, 2021-2031F |
6.3.5 India Refrigeration Compressor Market Revenues & Volume, By Others, 2021-2031F |
6.4 India Refrigeration Compressor Market, By Industry |
6.4.1 Overview and Analysis |
6.4.2 India Refrigeration Compressor Market Revenues & Volume, By Food And Beverages, 2021-2031F |
6.4.3 India Refrigeration Compressor Market Revenues & Volume, By Logistics And Transportation, 2021-2031F |
6.4.4 India Refrigeration Compressor Market Revenues & Volume, By Chemical, 2021-2031F |
6.4.5 India Refrigeration Compressor Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.4.6 India Refrigeration Compressor Market Revenues & Volume, By Automobile, 2021-2031F |
6.4.7 India Refrigeration Compressor Market Revenues & Volume, By Others, 2021-2031F |
7 India Refrigeration Compressor Market Import-Export Trade Statistics |
7.1 India Refrigeration Compressor Market Export to Major Countries |
7.2 India Refrigeration Compressor Market Imports from Major Countries |
8 India Refrigeration Compressor Market Key Performance Indicators |
8.1 Energy efficiency ratings of refrigeration compressors |
8.2 Adoption rate of environmentally friendly refrigerants in compressor units |
8.3 Growth in demand for customized compressor solutions for specific industries |
9 India Refrigeration Compressor Market - Opportunity Assessment |
9.1 India Refrigeration Compressor Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Refrigeration Compressor Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Refrigeration Compressor Market Opportunity Assessment, By Used, 2021 & 2031F |
9.4 India Refrigeration Compressor Market Opportunity Assessment, By Industry, 2021 & 2031F |
10 India Refrigeration Compressor Market - Competitive Landscape |
10.1 India Refrigeration Compressor Market Revenue Share, By Companies, 2024 |
10.2 India Refrigeration Compressor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |