Global Combi Refrigerator Market to Reach USD 348 Million by 2033, Growing at a CAGR of 3.8%

The global Combi cooler market is expected to reach an estimated value of USD 232 million by 2022, with a steady demand anticipated throughout the assessment period. This sustained interest can be attributed to the expanding applications across end-use industries. The market is expected to grow to USD 348 million by 2033, implying a commendable compound annual growth rate (CAGR) of 3.8% from 2023 to 2033. Remarkably, the market is projected to secure USD 240 million in 2023.

Europe is expected to maintain its dominant position in the market, driven by growing demand from sectors such as heavy equipment and machinery. FMI analysis indicates that Europe is poised to maintain a 27.8% market share in 2022.

Aluminum is emerging as the dominant material, currently accounting for over 70% of the total market share. Its popularity is due to its robust formability and corrosion resistance, which are key to producing high-quality heat exchanger components.

Download an exclusive copy of the sample report

Growth factors

The increasing use of combi coolers in various sectors such as automotive, oil and gas, energy and manufacturing is likely to accelerate market expansion.

Moreover, continuous technological progress increases demand, which contributes to market growth.

Increasing awareness regarding heat recovery and efficient utilization of waste heat is expected to further stimulate the market growth.

In addition, the constant development of technology opens up new development opportunities for manufacturers of combi refrigerators, supporting innovation and market expansion.

Possibilities

The increasing usage across various end sectors creates promising opportunities for market expansion in the upcoming forecast period.

Key companies

HAINZL INDUSTRIESYSTEME GmbH
Standard Radiators Pvt. Ltd.,
HYDAC INTERNATIONAL GmbH
EMMEGI Inc. heat exchangers
ROTORCOMP VERDICHTER GmbH
G&M radiator
ACP (Changzhou) Heat Exchanger Co., Ltd.
KTR Systems GmbH
EMMEGI GmbH
Oesse Srl
Thermex Ltd.
GDM Cooler Manufacturing Ltd
Dolphin Production LLC
Engendren Corporation
Horizon Enterprise
COMP AIR TREATMENT SYSTEM P. LTD.
Wuxi Guanyun Heat Exchanger Co., Ltd.
WUXI XINSHENG HEAT EXCHANGER TECHNOLOGY CO., LTD.
Delcot Engineering Pvt.
Wuxi Better Technology Co., Ltd

Download the full report now:

Key segments

By power:

Up to 10kW
10 to 50 kW
50 to 250 kW
250 to 400 kW
Above 400 kW

By material:

Aluminum
Copper
Brass
Others

By end use:

Oil and gas industry
Chemical industry
Energy and transmission
Automotive and aviation
Mining and materials
Other Production Machines

By region:

North America
Latin America
Western Europe
Eastern Europe
South Asia and Pacific
East Asia
Middle East and Africa

Customization request:

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, Stevie Award winner and member of the Greater New York Chamber of Commerce) offers in-depth insights into the factors driving market demand. FMI is a leading global provider of market intelligence, advisory services, consulting and events for the packaging, food and beverage, consumer goods, technology, healthcare, industrial and chemical markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional and local expertise on various industry disciplines and trends in over 110 countries.

Contact us
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Apartment 401, Newark, Delaware – 19713, USA
Phone: +1-845-579-5705
For commercial inquiries: [email protected]
Website: https://www.futuremarketinsights.com
LinkedIn | Twitter| Blogs | YouTube