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

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: ETC303390 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

Vietnam Refrigeration Compressor Market Size Growth Rate


The Vietnam Refrigeration Compressor Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 11.87% in 2028, following an initial rate of 10.08%, before easing to 10.84% at the end of the period.

Vietnam Refrigeration Compressor Market Growth Rate

Refrigeration Compressor Market: Vietnam vs Top 5 Major Economies in 2027 (Asia)


The Refrigeration Compressor market in Vietnam is projected to grow at a high growth rate of 11.76% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

Refrigeration Compressor Market: Vietnam vs Top 5 Major Economies in 2027 (Asia)

Vietnam Refrigeration Compressor Market Synopsis

The Vietnam refrigeration compressor market has experienced significant growth in recent years. With the country`s expanding industrial and commercial sectors, there has been a rising demand for refrigeration and cooling solutions. This has driven the demand for refrigeration compressors, which are essential components in various cooling systems. The market is competitive, with both domestic and international manufacturers vying for market share. Key factors influencing this market include energy efficiency regulations, environmental concerns, and the increasing adoption of advanced refrigeration technologies.

Drivers of the Market

In the Vietnam refrigeration compressor market, the primary driver is the country`s burgeoning industrial and commercial sectors. With Vietnam economy experiencing rapid growth and development, there is a rising need for refrigeration solutions in various industries, including food processing, pharmaceuticals, and logistics. Refrigeration compressors play a pivotal role in maintaining the required temperature levels for these sectors, ensuring product quality, safety, and shelf life. Additionally, the increasing adoption of refrigerated warehousing and cold chain logistics to support the country`s expanding agricultural and export sectors has further boosted the demand for refrigeration compressors.

Challenges of the Market

The Vietnam refrigeration compressor market faces challenges related to energy efficiency regulations and standards. As the government and environmental organizations push for stricter energy efficiency standards and regulations, compressor manufacturers need to invest in research and development to meet these requirements. Adhering to these standards while maintaining product affordability and performance can be a complex balancing act for companies operating in this market.

COVID-19 Impact on the Market

The Vietnam refrigeration compressor market, being a crucial component in various cooling systems, faced disruptions during the pandemic. The supply of raw materials and components for compressor production was affected, leading to delays and increased costs. Industries relying on refrigeration, such as healthcare and agriculture, experienced challenges in maintaining temperature-sensitive products. The market had to innovate and implement new technologies to ensure the reliability and efficiency of refrigeration systems.

Key Players in the Market

In the Vietnam refrigeration compressor market, leaders in the field include Bitzer, Copeland (a brand of Emerson), and Danfoss.

Key Highlights of the Report:

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

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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 Vietnam Refrigeration Compressor Market Overview

3.1 Vietnam Country Macro Economic Indicators

3.2 Vietnam Refrigeration Compressor Market Revenues & Volume, 2021 & 2031F

3.3 Vietnam Refrigeration Compressor Market - Industry Life Cycle

3.4 Vietnam Refrigeration Compressor Market - Porter's Five Forces

3.5 Vietnam Refrigeration Compressor Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Vietnam Refrigeration Compressor Market Revenues & Volume Share, By Application, 2021 & 2031F

3.7 Vietnam Refrigeration Compressor Market Revenues & Volume Share, By Used, 2021 & 2031F

3.8 Vietnam Refrigeration Compressor Market Revenues & Volume Share, By Industry, 2021 & 2031F

4 Vietnam Refrigeration Compressor Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for refrigeration solutions in Vietnam due to growth in the food and beverage industry

4.2.2 Government initiatives promoting energy-efficient appliances and refrigeration systems

4.2.3 Rising disposable income leading to higher demand for consumer goods requiring refrigeration

4.3 Market Restraints

4.3.1 Fluctuating raw material prices impacting the manufacturing cost of refrigeration compressors

4.3.2 Lack of skilled labor for the installation and maintenance of refrigeration systems

4.3.3 Competition from imported refrigeration compressors affecting the market share of local manufacturers

5 Vietnam Refrigeration Compressor Market Trends

6 Vietnam Refrigeration Compressor Market, By Types

6.1 Vietnam Refrigeration Compressor Market, By Type

6.1.1 Overview and Analysis

6.1.2 Vietnam Refrigeration Compressor Market Revenues & Volume, By Type, 2021-2031F

6.1.3 Vietnam Refrigeration Compressor Market Revenues & Volume, By Reciprocating Compressor, 2021-2031F

6.1.4 Vietnam Refrigeration Compressor Market Revenues & Volume, By Screw Compressor, 2021-2031F

6.1.5 Vietnam Refrigeration Compressor Market Revenues & Volume, By Centrifugal Compressor, 2021-2031F

6.1.6 Vietnam Refrigeration Compressor Market Revenues & Volume, By Rotary Compressor, 2021-2031F

6.1.7 Vietnam Refrigeration Compressor Market Revenues & Volume, By Scroll Compressor, 2021-2031F

6.1.8 Vietnam Refrigeration Compressor Market Revenues & Volume, By Others, 2021-2031F

6.2 Vietnam Refrigeration Compressor Market, By Application

6.2.1 Overview and Analysis

6.2.2 Vietnam Refrigeration Compressor Market Revenues & Volume, By Domestic, 2021-2031F

6.2.3 Vietnam Refrigeration Compressor Market Revenues & Volume, By Commercial, 2021-2031F

6.3 Vietnam Refrigeration Compressor Market, By Used

6.3.1 Overview and Analysis

6.3.2 Vietnam Refrigeration Compressor Market Revenues & Volume, By Co2, 2021-2031F

6.3.3 Vietnam Refrigeration Compressor Market Revenues & Volume, By R290, 2021-2031F

6.3.4 Vietnam Refrigeration Compressor Market Revenues & Volume, By R410a, 2021-2031F

6.3.5 Vietnam Refrigeration Compressor Market Revenues & Volume, By Others, 2021-2031F

6.4 Vietnam Refrigeration Compressor Market, By Industry

6.4.1 Overview and Analysis

6.4.2 Vietnam Refrigeration Compressor Market Revenues & Volume, By Food And Beverages, 2021-2031F

6.4.3 Vietnam Refrigeration Compressor Market Revenues & Volume, By Logistics And Transportation, 2021-2031F

6.4.4 Vietnam Refrigeration Compressor Market Revenues & Volume, By Chemical, 2021-2031F

6.4.5 Vietnam Refrigeration Compressor Market Revenues & Volume, By Pharmaceutical, 2021-2031F

6.4.6 Vietnam Refrigeration Compressor Market Revenues & Volume, By Automobile, 2021-2031F

6.4.7 Vietnam Refrigeration Compressor Market Revenues & Volume, By Others, 2021-2031F

7 Vietnam Refrigeration Compressor Market Import-Export Trade Statistics

7.1 Vietnam Refrigeration Compressor Market Export to Major Countries

7.2 Vietnam Refrigeration Compressor Market Imports from Major Countries

8 Vietnam Refrigeration Compressor Market Key Performance Indicators

8.1 Energy efficiency ratings of refrigeration compressors in the market

8.2 Adoption rate of eco-friendly refrigerants in refrigeration systems

8.3 Number of new product innovations and technological advancements in refrigeration compressors

9 Vietnam Refrigeration Compressor Market - Opportunity Assessment

9.1 Vietnam Refrigeration Compressor Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Vietnam Refrigeration Compressor Market Opportunity Assessment, By Application, 2021 & 2031F

9.3 Vietnam Refrigeration Compressor Market Opportunity Assessment, By Used, 2021 & 2031F

9.4 Vietnam Refrigeration Compressor Market Opportunity Assessment, By Industry, 2021 & 2031F

10 Vietnam Refrigeration Compressor Market - Competitive Landscape

10.1 Vietnam Refrigeration Compressor Market Revenue Share, By Companies, 2024

10.2 Vietnam Refrigeration Compressor Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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