As the COVID-19 pandemic induced slowdown fades, sales of refrigerant recovery machines are anticipated to incline significant through 2021 and beyond, according to Fact.MR’s recently published findings.
Fact.MR- a market research and competitive intelligence provider- expects demand for refrigerant recovery machines will remain elevated, attributed to the constant need for repairing and maintaining refrigerators across residential and commercial establishments.
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Segmentation
The market can be segmented on the basis of product type, method, material type, installation type and end use sector.
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On the basis of product type, refrigerant recovery machine can be segmented into
- Low pressure units (0.1hp to 0.75hp)
- Medium-pressure units (0.75hp to 3hp)
- High-pressure units (more than 3hp)
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On the basis of method, refrigerant recovery machine can be segmented into
- Liquid recovery
- Vapor recovery
- Pull recovery
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On the basis of material type, refrigerant recovery machine can be segmented into
- Mild steel
- Cooper
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On the basis of installation type, refrigerant recovery machine can be segmented into
- Portable
- Onsite refrigerant recovery system
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On the basis of end use sector, refrigerant recovery machine can be segmented into
- Industrial
- Commercial
- Residential
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Geographically, the global market for the refrigerant recovery machine can be segmented into seven regions, namely
- North America
- Latin America
- Europe
- CIS & Russia
- APEJ
- Japan
- MEA.
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Key Players Manufacturing Refrigerant Recovery Machines
Key refrigerant recovery machine manufacturers in the global market are-
- Robert Bosch GmbH (Robinar)
- Appion Inc.
- INFICON
- Ritchie Engineering Inc.
- Fieldpiece Instruments, Inc.
- Mastercool Inc.
- Tektino Inc.
- REFCO Manufacturing Ltd.
- Wilhelmsen Holding ASA
- JB Industries
Regional Overview
Refrigerant recovery machines have a strong foothold in developed regions such as Europe and North America due to the implementation of stringent regulations on curbing emissions from cooling systems.
The market in developing countries is expected to exhibit strong growth across the forecast period, showcasing strong demand across Latin America, APAC and MEA regions due to high population growth rate, climatic condition and increase in disposable income.
Also these regions are adapting to air condition norms followed by developed regions for maintaining the air quality standards.
Key questions answered in Refrigerant Recovery Machine Market Survey Report:
– What is the current scenario and key trends in Refrigerant Recovery Machine Market?
– What are the key strategies companies are adopting to increase their consumer base?
– What are the key categories within the Refrigerant Recovery Machine segments and their future potential?
– What are the major Refrigerant Recovery Machine Market drivers and their expected impact during the short, medium, and long terms?
– What is the Refrigerant Recovery Machine Market size and what are the opportunities for the key players?
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Essential Takeaways from the Refrigerant Recovery Machine Market Report
– Comparison of prominent players operating in the Refrigerant Recovery Machine market.
– Recent developments and key strategies adopted by market players.
– Study of the micro and macro-economic growth indicators.
– Impact of the various factors on the value chain of the Refrigerant Recovery Machine market.
– Growth opportunities for emerging market players in various regional markets.
– Current trends influencing the scenario of the Refrigerant Recovery Machine market.
The Report Covers Exhaustive Analysis On:
– Refrigerant Recovery Machine Market Drivers, Segments and Restraints.
– Refrigerant Recovery Machine Market Survey and Dynamics
– Refrigerant Recovery Machine Market Size & Demand
– Refrigerant Recovery Machine Key Trends/Issues/Challenges
– Refrigerant Recovery Machine Sales, Competition & Companies involved
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