South Korea Refrigeration Compressor Market (2025-2031) | Share, Growth, Value, Industry, Analysis, Companies, Forecast, Trends, Outlook, Revenue & Size

Market Forecast By Type (Reciprocating Compressor, Screw Compressor, Centrifugal Compressor, Rotary Compressor, Scroll Compressor, Others), By Application (Domestic, Commercial), By Used (Co2, R290, R410a, Others), By Industry (Food And Beverages, Logistics And Transportation, Chemical, Pharmaceutical, Automobile, Others) And Competitive Landscape

Product Code: ETC303383 Publication Date: Aug 2022 Updated Date: Aug 2025 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

South Korea Refrigeration Compressor Market Highlights

Report Name South Korea Refrigeration Compressor Market 
Forecast period 2025-2031
CAGR 2.0%
Growing Sector Commercial Sector

Topics Covered in South Korea Refrigeration Compressor Market

The South Korea Refrigeration Compressor Market Report thoroughly covers the market by type, application, used and industry. The South Korea Refrigeration Compressor Market Outlook report provides an unbiased and detailed analysis of the ongoing South Korea Refrigeration Compressor Market trends, opportunities/high growth areas, and market drivers. This would help stakeholders devise and align their market strategies according to the current and future market dynamics.

South Korea Refrigeration Compressor Market Synopsis

The South Korea Refrigeration Compressor market is predicted to experience substantial growth driven by increased demand for efficient cooling systems and the emergence of advanced compressor technology. The market growth is stimulated by the need for sustainable refrigeration combined with technologically advanced solutions.

According to 6Wresearch, The South Korea Refrigeration Compressor Market size is projected to grow at a CAGR of 2.0% during 2025-2031. The increasing demand for diverse types of compressors, owing to variance in refrigeration needs, drives the market growth. More specialized compressors are required for complex cooling operations, thus leading to an increased use of diverse compressor types. Improvements in infrastructure, market segmentation strategies, and innovative solutions tailored to niche markets are driving market growth. Furthermore, the growing emphasis on environmental sustainability and the need for efficient cooling methods are propelling the Refrigeration Compressor market in South Korea.

Despite the growing demand for refrigeration compressors in South Korea, the market faces several challenges such as growing environmental concerns regarding refrigerants and their impact on global warming present a challenge for compressor manufacturers. Adapting to eco-friendly refrigerants and complying with regulations aimed at reducing greenhouse gas emissions require strategic planning and investment.

South Korea Refrigeration Compressor Market: Key Players

The South Korea Refrigeration Compressor Market is experiencing significant growth, with key players like Daewoo, Hyundai and Samsung. These industry leaders are recognized for their technologically advanced and durable compressors. They focus on innovative designs and customer-centric strategies to strengthen their market positions. Their compressors are known for performance, safety, and efficiency, catering to varied refrigeration needs.

Government Policy of the Market

The South Korea government has stringent energy efficiency standards and labeling requirements for refrigeration compressors to promote the adoption of energy-efficient technologies. Compressor manufacturers are mandated to comply with these standards to ensure the sustainability and efficiency of refrigeration systems. The government provides incentives and subsidies to encourage the development and adoption of green technologies in refrigeration compressors. Financial support for research and development projects focusing on eco-friendly refrigeration solutions incentivizes innovation within the industry.The government offers support programs and initiatives to assist local refrigeration compressor manufacturers in enhancing their competitiveness, expanding market presence, and adhering to quality standards.

Future Insights of the Market

The market is likely to witness a surge in technological advancements in compressor design and capabilities. Innovations such as improved compressors, advanced communication systems, and enhanced safety features are expected to shape the future of refrigeration compressors in South Korea. With an increasing focus on cooling efficiency and modernization of refrigeration infrastructure, the South Korea Refrigeration Compressor Market is projected to expand in terms of market size and deployment of specialized compressors tailored to meet evolving needs. The growing emphasis on environmental sustainability and energy efficiency is likely to influence the development of eco-friendly refrigeration compressors in the market.

Market Segmentation By Type

According to Dhaval, Research Manager, 6Wresearch, In the South Korea Refrigeration Compressor Market, Scroll Compressors are experiencing significant growth due to their higher efficiency, quieter operation, and lower maintenance needs.

Market Segmentation By Application

The Commercial sector is on demand due to the increasing need for commercial cooling solutions in shopping malls, office buildings, and restaurants, resulting in market growth.

Market Segmentation By Used

In the South Korea Refrigeration Compressor Market, the segment driven by CO2 (Carbon Dioxide) refrigerants is experiencing notable growth due to their  low environmental impact compared to traditional synthetic refrigerants like R410a. The shift towards eco-friendly refrigerants aligns with South Korea stringent environmental regulations aimed at reducing greenhouse gas emissions.

Market Segmentation By Industry

The food and beverages sector is driving growth in the refrigeration compressor market due to the increasing demand for cold storage facilities, refrigerated transportation, and temperature-controlled processing units.

Key Attractiveness of the Report

  • 10 Years of Market Numbers.
  • Historical Data Starting from 2021 to 2024.
  • Base Year: 2024
  • Forecast Data until 2031.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • South Korea Refrigeration Compressor Market Outlook
  • Market Size of South Korea Refrigeration Compressor Market, 2024
  • Forecast of South Korea Refrigeration Compressor Market, 2031
  • Historical Data and Forecast of South Korea Refrigeration Compressor Revenues & Volume for the Period 2021 - 2031
  • South Korea Refrigeration Compressor Market Trend Evolution
  • South Korea Refrigeration Compressor Market Drivers and Challenges
  • South Korea Refrigeration Compressor Price Trends
  • South Korea Refrigeration Compressor Porter's Five Forces
  • South Korea Refrigeration Compressor Industry Life Cycle
  • Historical Data and Forecast of South Korea Refrigeration Compressor Market Revenues & Volume By Type for the Period2021 - 2031
  • Historical Data and Forecast of South Korea Refrigeration Compressor Market Revenues & Volume By Reciprocating Compressor for the Period2021 - 2031
  • Historical Data and Forecast of South Korea Refrigeration Compressor Market Revenues & Volume By Screw Compressor for the Period2021 - 2031
  • Historical Data and Forecast of South Korea Refrigeration Compressor Market Revenues & Volume By Centrifugal Compressor for the Period2021 - 2031
  • Historical Data and Forecast of South Korea Refrigeration Compressor Market Revenues & Volume By Rotary Compressor for the Period2021 - 2031
  • Historical Data and Forecast of South Korea Refrigeration Compressor Market Revenues & Volume By Scroll Compressor for the Period2021 - 2031
  • Historical Data and Forecast of South Korea Refrigeration Compressor Market Revenues & Volume By Others for the Period2021 - 2031
  • Historical Data and Forecast of South Korea Refrigeration Compressor Market Revenues & Volume By Application for the Period2021 - 2031
  • Historical Data and Forecast of South Korea Refrigeration Compressor Market Revenues & Volume By Domestic for the Period2021 - 2031
  • Historical Data and Forecast of South Korea Refrigeration Compressor Market Revenues & Volume By Commercial for the Period2021 - 2031
  • Historical Data and Forecast of South Korea Refrigeration Compressor Market Revenues & Volume By Used for the Period2021 - 2031
  • Historical Data and Forecast of South Korea Refrigeration Compressor Market Revenues & Volume By Co2 for the Period2021 - 2031
  • Historical Data and Forecast of South Korea Refrigeration Compressor Market Revenues & Volume By R290 for the Period2021 - 2031
  • Historical Data and Forecast of South Korea Refrigeration Compressor Market Revenues & Volume By R410a for the Period2021 - 2031
  • Historical Data and Forecast of South Korea Refrigeration Compressor Market Revenues & Volume By Others for the Period2021 - 2031
  • Historical Data and Forecast of South Korea Refrigeration Compressor Market Revenues & Volume By Industry for the Period2021 - 2031
  • Historical Data and Forecast of South Korea Refrigeration Compressor Market Revenues & Volume By Food And Beverages for the Period2021 - 2031
  • Historical Data and Forecast of South Korea Refrigeration Compressor Market Revenues & Volume By Logistics And Transportation for the Period2021 - 2031
  • Historical Data and Forecast of South Korea Refrigeration Compressor Market Revenues & Volume By Chemical for the Period2021 - 2031
  • Historical Data and Forecast of South Korea Refrigeration Compressor Market Revenues & Volume By Pharmaceutical for the Period2021 - 2031
  • Historical Data and Forecast of South Korea Refrigeration Compressor Market Revenues & Volume By Automobile for the Period2021 - 2031
  • Historical Data and Forecast of South Korea Refrigeration Compressor Market Revenues & Volume By Others for the Period2021 - 2031
  • South Korea Refrigeration Compressor Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By Used
  • Market Opportunity Assessment By Industry
  • South Korea Refrigeration Compressor Top Companies Market Share
  • South Korea Refrigeration Compressor Competitive Benchmarking By Technical and Operational Parameters
  • South Korea Refrigeration Compressor Company Profiles
  • South Korea Refrigeration Compressor Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Type

  • Reciprocating Compressor
  • Screw Compressor
  • Centrifugal Compressor
  • Rotary Compressor
  • Scroll Compressor
  • Others

By Application

  • Domestic
  • Commercial

By Used

  • Co2
  • R290
  • R410a
  • Others

By Industry

  • Food And Beverages
  • Logistics And Transportation
  • Chemical
  • Pharmaceutical
  • Automobile
  • Others

South Korea Refrigeration Compressor Market (2025-2031): FAQs

The growth of the South Korea Refrigeration Compressor Market is primarily driven by increasing demand for sustainable and efficient cooling methods, improvements in compressor technology, and the growing commercial and industrial sectors.
The commercial sector holds the highest market share in the South Korea Refrigeration Compressor Market. This is due to the increasing need for efficient cooling systems in commercial spaces like shopping malls, offices, restaurants, etc.
Scroll Compressors are likely to witness significant growth in the South Korea market due to their greater efficiency, less noise, and lower maintenance needs.
Challenges faced by the South Korea Refrigeration Compressor Market include high initial investment costs, lack of public awareness about energy-efficient cooling practices, stringent regulatory requirements, technological obsolescence, and volatile market conditions.
6Wresearch actively monitors the South Korea Refrigeration Compressor Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the South Korea Refrigeration Compressor Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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 South Korea Refrigeration Compressor Market Overview
3.1 South Korea Country Macro Economic Indicators
3.2 South Korea Refrigeration Compressor Market Revenues & Volume, 2021 & 2031F
3.3 South Korea Refrigeration Compressor Market - Industry Life Cycle
3.4 South Korea Refrigeration Compressor Market - Porter's Five Forces
3.5 South Korea Refrigeration Compressor Market Revenues & Volume Share, By Type, 2021 & 2031F
3.6 South Korea Refrigeration Compressor Market Revenues & Volume Share, By Application, 2021 & 2031F
3.7 South Korea Refrigeration Compressor Market Revenues & Volume Share, By Used, 2021 & 2031F
3.8 South Korea Refrigeration Compressor Market Revenues & Volume Share, By Industry, 2021 & 2031F
4 South Korea Refrigeration Compressor Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.2.1 Increasing demand for energy-efficient refrigeration systems in South Korea
4.2.2 Growth in the food and beverage industry, driving the need for refrigeration equipment
4.2.3 Technological advancements leading to the development of more efficient and eco-friendly refrigeration compressors
4.3 Market Restraints
4.3.1 Fluctuating raw material prices impacting the manufacturing cost of refrigeration compressors
4.3.2 Stringent government regulations on energy efficiency and environmental standards
4.3.3 Intense market competition among refrigeration compressor manufacturers
5 South Korea Refrigeration Compressor Market Trends
6 South Korea Refrigeration Compressor Market, By Types
6.1 South Korea Refrigeration Compressor Market, By Type
6.1.1 Overview and Analysis
6.1.2 South Korea Refrigeration Compressor Market Revenues & Volume, By Type, 2021 - 2031F
6.1.3 South Korea Refrigeration Compressor Market Revenues & Volume, By Reciprocating Compressor, 2021 - 2031F
6.1.4 South Korea Refrigeration Compressor Market Revenues & Volume, By Screw Compressor, 2021 - 2031F
6.1.5 South Korea Refrigeration Compressor Market Revenues & Volume, By Centrifugal Compressor, 2021 - 2031F
6.1.6 South Korea Refrigeration Compressor Market Revenues & Volume, By Rotary Compressor, 2021 - 2031F
6.1.7 South Korea Refrigeration Compressor Market Revenues & Volume, By Scroll Compressor, 2021 - 2031F
6.1.8 South Korea Refrigeration Compressor Market Revenues & Volume, By Others, 2021 - 2031F
6.2 South Korea Refrigeration Compressor Market, By Application
6.2.1 Overview and Analysis
6.2.2 South Korea Refrigeration Compressor Market Revenues & Volume, By Domestic, 2021 - 2031F
6.2.3 South Korea Refrigeration Compressor Market Revenues & Volume, By Commercial, 2021 - 2031F
6.3 South Korea Refrigeration Compressor Market, By Used
6.3.1 Overview and Analysis
6.3.2 South Korea Refrigeration Compressor Market Revenues & Volume, By Co2, 2021 - 2031F
6.3.3 South Korea Refrigeration Compressor Market Revenues & Volume, By R290, 2021 - 2031F
6.3.4 South Korea Refrigeration Compressor Market Revenues & Volume, By R410a, 2021 - 2031F
6.3.5 South Korea Refrigeration Compressor Market Revenues & Volume, By Others, 2021 - 2031F
6.4 South Korea Refrigeration Compressor Market, By Industry
6.4.1 Overview and Analysis
6.4.2 South Korea Refrigeration Compressor Market Revenues & Volume, By Food And Beverages, 2021 - 2031F
6.4.3 South Korea Refrigeration Compressor Market Revenues & Volume, By Logistics And Transportation, 2021 - 2031F
6.4.4 South Korea Refrigeration Compressor Market Revenues & Volume, By Chemical, 2021 - 2031F
6.4.5 South Korea Refrigeration Compressor Market Revenues & Volume, By Pharmaceutical, 2021 - 2031F
6.4.6 South Korea Refrigeration Compressor Market Revenues & Volume, By Automobile, 2021 - 2031F
6.4.7 South Korea Refrigeration Compressor Market Revenues & Volume, By Others, 2021 - 2031F
7 South Korea Refrigeration Compressor Market Import-Export Trade Statistics
7.1 South Korea Refrigeration Compressor Market Export to Major Countries
7.2 South Korea Refrigeration Compressor Market Imports from Major Countries
8 South Korea Refrigeration Compressor Market Key Performance Indicators
8.1 Energy efficiency ratings of refrigeration compressors
8.2 Adoption rate of eco-friendly refrigeration technologies in South Korea
8.3 Number of patents filed for innovative refrigeration compressor technologies
8.4 Rate of compliance with government regulations on energy efficiency and environmental standards
8.5 Investment in research and development for improving refrigeration compressor efficiency and performance
9 South Korea Refrigeration Compressor Market - Opportunity Assessment
9.1 South Korea Refrigeration Compressor Market Opportunity Assessment, By Type, 2021 & 2031F
9.2 South Korea Refrigeration Compressor Market Opportunity Assessment, By Application, 2021 & 2031F
9.3 South Korea Refrigeration Compressor Market Opportunity Assessment, By Used, 2021 & 2031F
9.4 South Korea Refrigeration Compressor Market Opportunity Assessment, By Industry, 2021 & 2031F
10 South Korea Refrigeration Compressor Market - Competitive Landscape
10.1 South Korea Refrigeration Compressor Market Revenue Share, By Companies, 2024
10.2 South Korea Refrigeration Compressor Market Competitive Benchmarking, By Operating and Technical Parameters
11 Company Profiles
12 Recommendations
13 Disclaimer
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