Condensing Unit Market Size, Share & Growth Report 2031
The report Condensing Unit Market By Product Type (Air-cooled, Water-Cooled, Evaporative), By Function (Air Conditioning, Refrigeration, Heat Pumps), By Application (Residential, Industrial, Commercial, Transportation)- Global Forecasts to 2030
The global condensing unit market is projected to reach USD 25,546 million in 2024, registering at a Compound Annual Growth Rate (CAGR) of 7.9% during the forecast period 2025-2031. The growth of the market is majorly driven by the increased demand for refrigeration equipment.