In a refrigeration system, the tubing plays a crucial role in the circulation of refrigerant, facilitating the heat exchange process that results in cooling. For air conditioners, the refrigeration system tubes are essential components that connect various parts of the system, allowing the refrigerant to absorb and release heat.
Refrigeration System Tube for Air Conditioner Market Summary
According to the new market research report “Refrigeration System Tube for Air Conditioner - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”, published by QYResearch, the global Refrigeration System Tube for Air Conditioner market size is projected to reach USD 1.49 billion by 2029, at a CAGR of 5.3% during the forecast period.
- Global Refrigeration System Tube for Air Conditioner MarketSize(US$ Million), 2018-2029
Source: QYResearch, "Refrigeration System Tube for Air Conditioner - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
- Global Refrigeration System Tube for Air Conditioner Top11Players Ranking and Market Share (Ranking is based on the revenue of 2022, continually updated)
Source: QYResearch, "Refrigeration System Tube for Air Conditioner - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
According to QYResearch Top Players Research Center, the global key manufacturers of Refrigeration System Tube for Air Conditioner include Amagasaki Pipe, Sanhua Group, Fuso Industries, DUNAN, HANGJI METAL, Danfoss, Mueller Industries, Inoue Kiko, Arrow Fabricated Tubing, Tongxing Technology, etc. In 2022, the global top five players had a share approximately 52.0% in terms of revenue.
Refrigeration System Tube for Air Conditioner Market Dynamics
Market Drivers:
Growing air-conditioning market: As the global air-conditioning market continues to expand, the demand for refrigeration system piping parts for air-conditioning has also increased. With increasing demand for air conditioning in new and existing buildings, the pipe fittings industry will benefit from the market growth.
Urbanization process: The global urbanization process continues to accelerate, and the increase in urban construction and residential projects further promotes the development of the pipe fittings industry. Infrastructure construction and urban renewal projects around the world are still ongoing and will provide continued development opportunities for the pipe fittings industry.
New energy and green refrigeration technology: With the focus on environmental protection and sustainable development, the development of new energy and green refrigeration technology has brought new development opportunities to the pipeline fittings industry. For example, the application of new refrigerants and environmentally friendly materials will drive demand for new piping parts.
Restraint:
Competitive pressures: Competitive pressures are increasing in emerging markets. Refrigeration pipe fittings manufacturers may face competitors from other countries or regions and need to adapt to the needs and standards of different markets.
Fluctuation in raw material prices: The main raw materials required for production are metals such as copper, aluminum, and steel, which account for a large proportion of the cost of products. Therefore, fluctuations in market prices of bulk materials will bring greater cost pressure.
International trade policy: Changes in international trade policy and trade frictions may have an impact on the pipe fittings industry. Trade barriers, tariffs and other trade measures may affect the import and export trade of refrigeration pipeline parts.
Trend:
Lightweight and integrated: Since the refrigeration system pipe components need to meet the development trend of the overall refrigeration equipment and important components of the refrigeration system, the refrigeration system pipe components have tendency to develop in the direction of lightweight, integration, and structural diversification.
Substituting aluminum for copper: In order to meet the overall requirements of reducing costs and weight of refrigeration equipment, refrigeration system pipe component products are also developing in the direction of partially replacing copper with aluminum.
Increased pressure requirements on components: There is a clear preference for refrigeration system components that can handle higher pressure conditions to promote the use of more efficient systems. Manufacturers need to strategize about investments to develop higher-stress components, focusing on the specific markets or applications they cater to.
About The Authors
Airong Wang– QYResearch Junior Analyst; Received a master's degree in logistics and utilizes technical knowledge to provide insight into the logistics industry; Have certain data search and analysis capabilities, and be good at feasibility analysis of the industry
Email: wangairong@qyresearch.com
About QYResearch
QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.
QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.
Contact Us:
If you have any queries regarding this report or if you would like further information, please contact us:
QY Research Inc.
Add: 17890 Castleton Street Suite 369 City of Industry CA 91748 United States
EN: https://www.qyresearch.com
Email: global@qyresearch.com
Tel: 001-626-842-1666(US)
JP: https://www.qyresearch.co.jp