超臨界CO2市場レポート：機能、用途、地域別、2024年～2032年

世界の超臨界CO2の市場規模は2023年に522億米ドルに達しました。今後、IMARC Groupは、市場は2032年までに1,958億米ドルに達し、2024年から2032年の間に15.5%の成長率（CAGR）を示すと予測しています。冷蔵用途の多様な小売施設における広範な牽引力、自動車用超臨界CO2技術の継続的な進歩、超臨界CO2の多様な利点に関する消費者の意識の高まりは、市場を推進する主な要因の一部です。

超臨界CO2とは、二酸化炭素（CO2）の温度と圧力が臨界点を超えた状態のことです。CO2は、特に冷凍、暖房、発電システムなどの様々な用途において、環境に優しく汎用性の高い作動流体となるユニークな特性を示します。超臨界CO2システムでは、CO2は亜臨界相と超臨界相の両方を含むサイクルで作動し、効率的な熱伝達とエネルギー交換を可能にします。超臨界CO2システムの最大のメリットは、高いエネルギー効率と環境負荷の低減が期待できることです。地球温暖化係数やオゾン層破壊係数が低く、気候変動の緩和に貢献することから、従来の冷媒に代わる冷媒として注目されています。

世界市場の主な原動力は、メンテナンスの必要性が低く、エネルギー効率が向上し、経済的であることから、多様な小売施設での冷凍用途に広く普及していることです。この動向は、食品加工や商業用冷蔵施設にこれらのシステムが広く採用されていることで、さらに拡大しています。これらの採用は、製品の鮮度保持と保存期間の延長という2つの目的を果たすものであり、市場の成長に大きく寄与しています。さらに、空調、建物暖房、給湯用途の接客業や住宅分野での需要の高まりも市場を支えています。また、自動車用超臨界CO2技術の進歩も市場拡大に新たな局面をもたらしています。この技術は、車室内の温度制御、バッテリーパックの温度調整、モーターや電気部品の冷却など、自動車の熱管理ニーズを満たす能力を備えており、プラスの影響を残しています。さらに、超臨界CO2システムのさまざまな利点に関する消費者の意識の高まり、地球温暖化に対する懸念の高まり、マーガリン製造、ビール醸造、製氷などの産業での幅広い採用が、市場の上昇軌道を後押ししています。

超臨界CO2市場動向/促進要因：

環境規制と持続可能性への取り組み

気候変動とその広範囲に及ぶ影響に対する世界の懸念の高まりに伴い、政府や国際機関は温室効果ガスの排出を抑制するため、より積極的な姿勢をとっています。CO2超臨界圧システムは、その環境面での利点から大きな注目を集めています。GWPが極めて低く、オゾン層を破壊しないです。産業界がより厳しい排出目標や規制の義務に直面する中、超臨界CO2はこれらの目標に沿った魅力的なソリューションを提供します。超臨界CO2システムを採用することで、産業界は規制要件を満たすだけでなく、持続可能な慣行と責任ある資源管理へのコミットメントを示すことができます。気候変動緩和の緊急性は、超臨界CO2システムに必要不可欠な感覚を植え付け、商業用冷蔵、空調、ヒートポンプなどの様々な用途に適した選択肢へと変化させています。

エネルギー効率と運転コストの節約

エネルギーコストが高騰し、環境への意識が高まる中、あらゆる分野の企業が、運用コストを最小限に抑えながらエネルギー消費を最適化する方法を積極的に模索しています。このような状況において、超臨界CO2システムは魅力的な価値提案を提供します。超臨界CO2は幅広い温度範囲で効率を維持し、安定した信頼性の高い運転を保証します。この特性は、長期にわたる大幅なエネルギー節約とカーボンフットプリントの削減につながります。スーパーマーケット、食品加工施設、製薬会社など、集中的な冷却と冷凍を必要とする産業は、超臨界CO2システムの採用によって大きな利益を得ることができます。エネルギー消費の削減は収益に直接影響し、収益性を向上させると同時に、環境と持続可能性の目標にも合致します。

絶え間ない技術の進歩と革新

研究者、エンジニア、メーカーは、課題に取り組み、新たな可能性を切り開くために、共同で超臨界CO2技術の限界に課題しています。コンプレッサーはあらゆる冷凍システムの心臓部であり、超臨界CO2用に最適化された設計が開発されています。これらの進歩は、効率、耐久性、信頼性を向上させ、システム全体の性能に貢献することに焦点を当てています。さらに、超臨界CO2システムでの効率的な熱伝達を促進し、シームレスな運転とエネルギー利用の向上を保証するために、新しい熱交換器の設計が研究されています。システム制御と最適化アルゴリズムもまた、超臨界CO2システムの利点を最大化する上で極めて重要な役割を果たします。これらのシステムには複雑な熱力学と流体力学が関係しているため、さまざまな運転条件や負荷に適応するための高度な制御戦略が開発されています。

目次

第1章 序文

第2章 調査範囲と調査手法

• 調査の目的
• ステークホルダー
• データソース
  • 一次情報
  • 二次情報
• 市場推定
  • ボトムアップアプローチ
  • トップダウンアプローチ
• 調査手法

第3章 エグゼクティブサマリー

第4章 イントロダクション

• 概要
• 主要業界動向

第5章 世界の超臨界CO2市場

• 市場概要
• 市場実績
• COVID-19の影響
• 市場予測

第6章 市場内訳：機能別

• 冷凍
  • 市場動向
  • 市場予測
• 暖房
  • 市場動向
  • 市場予測
• 空調
  • 市場動向
  • 市場予測

第7章 市場内訳：用途別

• スーパーマーケットとコンビニエンスストア
  • 市場動向
  • 市場予測
• アイススケートリンク
  • 市場動向
  • 市場予測
• 食品加工および保管施設
  • 市場動向
  • 市場予測
• ヒートポンプ
  • 市場動向
  • 市場予測
• その他
  • 市場動向
  • 市場予測

第8章 市場内訳：地域別

• 北米
  • 米国
  • カナダ
• アジア太平洋地域
  • 中国
  • 日本
  • インド
  • 韓国
  • オーストラリア
  • インドネシア
  • その他
• 欧州
  • ドイツ
  • フランス
  • 英国
  • イタリア
  • スペイン
  • ロシア
  • その他
• ラテンアメリカ
  • ブラジル
  • メキシコ
  • その他
• 中東・アフリカ
  • 市場動向
  • 市場内訳：国別
  • 市場予測

第9章 SWOT分析

• 概要
• 強み
• 弱み
• 機会
• 脅威

第10章 バリューチェーン分析

第11章 ポーターのファイブフォース分析

• 概要
• 買い手の交渉力
• 供給企業の交渉力
• 競合の程度
• 新規参入業者の脅威
• 代替品の脅威

第12章 価格分析

第13章 競合情勢

• 市場構造
• 主要企業
• 主要企業のプロファイル
  • Baltimore Aircoil Company Inc.（AMSTED Industries Incorporated）
  • Bitzer SE
  • Carnot Refrigeration（M&M Refrigeration）
  • Carrier Global Corporation
  • Danfoss
  • Dorin S.p.A.
  • Emerson Electric Co.
  • Hill Phoenix Inc.（Dover Corporation）
  • Mayekawa Mfg. Co. Ltd.
  • Panasonic Holdings Corporation
  • SCM Frigo S.p.A.

List of Figures

• Figure 1: Global: Transcritical CO2 Market: Major Drivers and Challenges
• Figure 2: Global: Transcritical CO2 Market: Sales Value (in Billion US$), 2018-2023
• Figure 3: Global: Transcritical CO2 Market Forecast: Sales Value (in Billion US$), 2024-2032
• Figure 4: Global: Transcritical CO2 Market: Breakup by Function (in %), 2023
• Figure 5: Global: Transcritical CO2 Market: Breakup by Application (in %), 2023
• Figure 6: Global: Transcritical CO2 Market: Breakup by Region (in %), 2023
• Figure 7: Global: Transcritical CO2 (Refrigeration) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 8: Global: Transcritical CO2 (Refrigeration) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 9: Global: Transcritical CO2 (Heating) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 10: Global: Transcritical CO2 (Heating) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 11: Global: Transcritical CO2 (Air Conditioning) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 12: Global: Transcritical CO2 (Air Conditioning) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 13: Global: Transcritical CO2 (Supermarkets and Convenience Stores) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 14: Global: Transcritical CO2 (Supermarkets and Convenience Stores) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 15: Global: Transcritical CO2 (Ice Skating Rinks) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 16: Global: Transcritical CO2 (Ice Skating Rinks) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 17: Global: Transcritical CO2 (Food Processing and Storage Facilities) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 18: Global: Transcritical CO2 (Food Processing and Storage Facilities) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 19: Global: Transcritical CO2 (Heat Pumps) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 20: Global: Transcritical CO2 (Heat Pumps) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 21: Global: Transcritical CO2 (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 22: Global: Transcritical CO2 (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 23: North America: Transcritical CO2 Market: Sales Value (in Million US$), 2018 & 2023
• Figure 24: North America: Transcritical CO2 Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 25: United States: Transcritical CO2 Market: Sales Value (in Million US$), 2018 & 2023
• Figure 26: United States: Transcritical CO2 Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 27: Canada: Transcritical CO2 Market: Sales Value (in Million US$), 2018 & 2023
• Figure 28: Canada: Transcritical CO2 Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 29: Asia-Pacific: Transcritical CO2 Market: Sales Value (in Million US$), 2018 & 2023
• Figure 30: Asia-Pacific: Transcritical CO2 Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 31: China: Transcritical CO2 Market: Sales Value (in Million US$), 2018 & 2023
• Figure 32: China: Transcritical CO2 Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 33: Japan: Transcritical CO2 Market: Sales Value (in Million US$), 2018 & 2023
• Figure 34: Japan: Transcritical CO2 Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 35: India: Transcritical CO2 Market: Sales Value (in Million US$), 2018 & 2023
• Figure 36: India: Transcritical CO2 Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 37: South Korea: Transcritical CO2 Market: Sales Value (in Million US$), 2018 & 2023
• Figure 38: South Korea: Transcritical CO2 Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 39: Australia: Transcritical CO2 Market: Sales Value (in Million US$), 2018 & 2023
• Figure 40: Australia: Transcritical CO2 Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 41: Indonesia: Transcritical CO2 Market: Sales Value (in Million US$), 2018 & 2023
• Figure 42: Indonesia: Transcritical CO2 Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 43: Others: Transcritical CO2 Market: Sales Value (in Million US$), 2018 & 2023
• Figure 44: Others: Transcritical CO2 Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 45: Europe: Transcritical CO2 Market: Sales Value (in Million US$), 2018 & 2023
• Figure 46: Europe: Transcritical CO2 Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 47: Germany: Transcritical CO2 Market: Sales Value (in Million US$), 2018 & 2023
• Figure 48: Germany: Transcritical CO2 Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 49: France: Transcritical CO2 Market: Sales Value (in Million US$), 2018 & 2023
• Figure 50: France: Transcritical CO2 Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 51: United Kingdom: Transcritical CO2 Market: Sales Value (in Million US$), 2018 & 2023
• Figure 52: United Kingdom: Transcritical CO2 Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 53: Italy: Transcritical CO2 Market: Sales Value (in Million US$), 2018 & 2023
• Figure 54: Italy: Transcritical CO2 Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 55: Spain: Transcritical CO2 Market: Sales Value (in Million US$), 2018 & 2023
• Figure 56: Spain: Transcritical CO2 Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 57: Russia: Transcritical CO2 Market: Sales Value (in Million US$), 2018 & 2023
• Figure 58: Russia: Transcritical CO2 Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 59: Others: Transcritical CO2 Market: Sales Value (in Million US$), 2018 & 2023
• Figure 60: Others: Transcritical CO2 Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 61: Latin America: Transcritical CO2 Market: Sales Value (in Million US$), 2018 & 2023
• Figure 62: Latin America: Transcritical CO2 Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 63: Brazil: Transcritical CO2 Market: Sales Value (in Million US$), 2018 & 2023
• Figure 64: Brazil: Transcritical CO2 Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 65: Mexico: Transcritical CO2 Market: Sales Value (in Million US$), 2018 & 2023
• Figure 66: Mexico: Transcritical CO2 Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 67: Others: Transcritical CO2 Market: Sales Value (in Million US$), 2018 & 2023
• Figure 68: Others: Transcritical CO2 Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 69: Middle East and Africa: Transcritical CO2 Market: Sales Value (in Million US$), 2018 & 2023
• Figure 70: Middle East and Africa: Transcritical CO2 Market: Breakup by Country (in %), 2023
• Figure 71: Middle East and Africa: Transcritical CO2 Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 72: Global: Transcritical CO2 Industry: SWOT Analysis
• Figure 73: Global: Transcritical CO2 Industry: Value Chain Analysis
• Figure 74: Global: Transcritical CO2 Industry: Porter's Five Forces Analysis

List of Tables

• Table 1: Global: Transcritical CO2 Market: Key Industry Highlights, 2023 and 2032
• Table 2: Global: Transcritical CO2 Market Forecast: Breakup by Function (in Million US$), 2024-2032
• Table 3: Global: Transcritical CO2 Market Forecast: Breakup by Application (in Million US$), 2024-2032
• Table 4: Global: Transcritical CO2 Market Forecast: Breakup by Region (in Million US$), 2024-2032
• Table 5: Global: Transcritical CO2 Market: Competitive Structure
• Table 6: Global: Transcritical CO2 Market: Key Players

The global transcritical CO2 market size reached US$ 52.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 195.8 Billion by 2032, exhibiting a growth rate (CAGR) of 15.5% during 2024-2032. The extensive traction within diverse retail establishments for refrigeration applications, continual advancements in automotive transcritical CO2 technology, and increasing consumer awareness regarding the manifold advantages of transcritical CO2 are some of the major factors propelling the market.

Transcritical CO2 is a state of carbon dioxide (CO2) where its temperature and pressure exceed the critical point. CO2 exhibits unique properties that make it an environmentally friendly and versatile working fluid in various applications, particularly in refrigeration, heating, and power generation systems. In transcritical CO2 systems, CO2 operates in a cycle that involves both subcritical and supercritical phases, which allows for efficient heat transfer and energy exchange. One of the most notable advantages of transcritical CO2 systems is their potential for high energy efficiency and reduced environmental impact. They have gained attention as an alternative to conventional refrigerants due to their low global warming potential and ozone depletion potential, contributing to the mitigation of climate change.

The global market is primarily driven by the extensive traction within diverse retail establishments for refrigeration applications, due to its low maintenance demands, energy efficiency enhancements, and economic attributes. This trend is further amplified by the widespread adoption of these systems in food processing and commercial cold storage facilities. These adoptions serve the dual purpose of preserving product freshness and extending shelf life, contributing significantly to the market growth. Moreover, the market is supported by the escalating demands in the hospitality and residential sectors for air conditioning, building heating, and hot water supply applications. Also, advancements in automotive transcritical CO2 technology have added a new dimension to market expansion. This technology's ability to fulfill a vehicle's thermal management needs, encompassing passenger compartment temperature control, battery pack temperature regulation, and cooling of motor and electrical components, has left a positive impact. Furthermore, the market's upward trajectory is propelled by increasing consumer awareness regarding the manifold advantages of transcritical CO2 systems, growing concerns about global warming, and their wide-ranging adoption in industries such as margarine production, beer brewing, and ice-making.

Transcritical CO2 Market Trends/Drivers:

Environmental Regulations and Sustainability Initiatives

With the rising global concern over climate change and its far-reaching impacts, governments and international bodies have taken a more assertive stance on curbing greenhouse gas emissions. Transcritical CO2 systems have garnered substantial attention due to their environmental benefits. They have a remarkably low GWP and is non-ozone depleting. As industries confront stricter emission targets and regulatory mandates, transcritical CO2 offers a compelling solution that aligns with these goals. By adopting transcritical CO2 systems, industries not only meet regulatory requirements but also demonstrate their commitment to sustainable practices and responsible resource management. The urgency of climate change mitigation has imbued transcritical CO2 systems with a sense of imperative, transforming them into a preferred choice for various applications such as commercial refrigeration, air conditioning, and heat pumps.

Energy Efficiency and Operational Cost Savings

With escalating energy costs and heightened environmental consciousness, businesses across sectors are actively seeking ways to optimize their energy consumption while minimizing operational expenses. Transcritical CO2 systems offer an attractive value proposition in this context. Transcritical CO2 maintains its efficiency across a wide range of temperatures, ensuring consistent and reliable operation. This characteristic translates to substantial energy savings over the long term, as well as reduced carbon footprints. Industries that require intensive cooling and refrigeration, such as supermarkets, food processing facilities, and pharmaceutical companies, stand to benefit significantly from the adoption of transcritical CO2 systems. The reduced energy consumption directly impacts their bottom line, improving profitability while simultaneously aligning with their environmental and sustainability goals.

Continuous Technological Advancements and Innovation

Researchers, engineers, and manufacturers are collaboratively pushing the boundaries of transcritical CO2 technology to address challenges and unlock new possibilities. Compressors are at the heart of any refrigeration system, and tailored designs optimized for transcritical CO2 are being developed. These advancements focus on enhancing efficiency, durability, and reliability, thereby contributing to the overall system performance. Moreover, novel heat exchanger designs are being explored to facilitate efficient heat transfer in transcritical CO2 systems, ensuring seamless operation and improved energy utilization. System controls and optimization algorithms also play a pivotal role in maximizing the benefits of transcritical CO2 systems. As these systems involve complex thermodynamics and fluid dynamics, sophisticated control strategies are being developed to adapt to varying operating conditions and loads.

Transcritical CO2 Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global transcritical CO2 market report, along with forecasts at the global, regional and country levels from 2024-2032. Our report has categorized the market based on function and application.

Breakup by Function:

Refrigeration

Heating

Air Conditioning

Refrigeration holds the largest share in the market

A detailed breakup and analysis of the market based on the function has also been provided in the report. This includes refrigeration, heating, and air conditioning. According to the report, refrigeration accounted for the largest market share.

Refrigeration systems are integral to a wide range of industries, including food and beverage, retail, pharmaceuticals, and logistics, making them essential components of global supply chains and daily life. Transcritical CO2 systems have gained considerable traction in the refrigeration sector due to their exceptional efficiency, environmental benefits, and adaptability to varying operating conditions. In the food and beverage industry, where precise temperature control and preservation of perishable goods are paramount, transcritical CO2 refrigeration systems offer a distinct advantage. These systems maintain consistent cooling even in high-temperature environments, ensuring food safety, extending shelf life, and minimizing waste. Moreover, the pharmaceutical and healthcare sectors benefit immensely from transcritical CO2 refrigeration systems. These industries require strict temperature control for storing and transporting sensitive medical supplies, vaccines, and medications. Additionally, the logistics and cold storage industry relies heavily on refrigeration to maintain the quality of goods during transportation and storage.

Breakup by Application:

Supermarkets and Convenience Stores

Ice Skating Rinks

Food Processing and Storage Facilities

Heat Pumps

Others

Supermarkets and convenience stores hold the largest share in the market

A detailed breakup and analysis of the market based on the application has also been provided in the report. This includes supermarkets and convenience stores, ice Skating rinks, food processing and storage facilities, heat pumps, and others. According to the report, supermarkets and convenience stores accounted for the largest market share.

Supermarkets and convenience stores have a substantial energy footprint attributed to their 24/7 operations, extensive refrigeration needs, and temperature-controlled environments for perishable goods. Transcritical CO2 systems offer a transformative solution to these challenges, addressing energy efficiency, environmental concerns, and economic considerations. Transcritical CO2 technology's ability to operate efficiently across a wide range of temperatures, including high ambient conditions, resonates profoundly with the needs of supermarkets and convenience stores. Transcritical CO2 systems maintain consistent performance, ensuring reliable and cost-effective cooling even in demanding climates. This consistency directly translates to reduced energy bills, a crucial factor for retail businesses focussing to optimize profitability. Furthermore, the eco-friendly attributes resonate with consumers increasingly seeking environmentally responsible shopping experiences. By adopting transcritical CO2 technology, supermarkets and convenience stores showcase their commitment to sustainability, responding to consumer expectations for greener alternatives and reduced carbon footprints.

Breakup by Region:

North America

United States

Canada

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

Europe exhibits a clear dominance, accounting for the largest transcritical CO2 market share

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and the Middle East and Africa. According to the report, Europe accounted for the largest market share.

Europe's commitment to environmental preservation and sustainable practices aligns seamlessly with the inherent benefits of transcritical CO2 systems. As the region endeavors to mitigate the impacts of climate change, CO2's low global warming potential (GWP) and zero ozone depletion potential (ODP) make it an appealing choice for industries looking to transition away from conventional high-GWP refrigerants. Moreover, stringent regulatory frameworks play a pivotal role in augmenting the adoption of transcritical CO2 systems. This legislation imposes limitations on the use of fluorinated gases, including HFCs, within the region. This regulatory environment has prompted businesses to explore sustainable alternatives, such as transcritical CO2, which not only meets compliance requirements but also aligns with the ethos of responsible production and consumption. Furthermore, Europe's diverse industrial landscape, spanning from retail and food sectors to industrial and commercial applications, provides a broad canvas for the deployment of transcritical CO2 technology.

Competitive Landscape:

Companies in the transcritical CO2 market are actively engaged in a multifaceted range of activities aimed at advancing the adoption, innovation, and optimization of transcritical CO2 technology across various industries. Major players in the field, including multinational corporations and innovative startups are heavily investing significantly in research and development efforts. These endeavors focus on refining the efficiency, reliability, and safety of transcritical CO2 systems. R&D initiatives encompass the development of advanced compressor technologies, heat exchangers, and system controls that are tailored to the unique thermodynamic properties of CO2 in transcritical conditions. Companies are also focussing to enhance the scalability and applicability of transcritical CO2 solutions. They are collaborating with different sectors, such as commercial refrigeration, industrial processes, and heating applications, to design systems that cater to a wider array of operational needs. This involves engineering adaptable configurations that can efficiently manage diverse temperature requirements and operational loads.

The report has provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

Baltimore Aircoil Company Inc. (AMSTED Industries Incorporated)

Bitzer SE

Carnot Refrigeration (M&M Refrigeration)

Carrier Global Corporation

Danfoss

Dorin S.p.A.

Emerson Electric Co.

Hill Phoenix Inc. (Dover Corporation)

Mayekawa Mfg. Co. Ltd.

Panasonic Holdings Corporation

SCM Frigo S.p.A.

Recent Developments:

In August 2023, SCM Frigo S.p.A. launched higher capacity transcritical CO2, "smart booster 2.0" racks for commercial applications. It offers a new configuration with a total of five compressors to provide a higher cooling capacity for both low and medium temperatures.

In March 2023, Emerson Electric Co launched new transcritical CO2 screw compressor unit. The new transcritical CO2 compressor utilizes established single-screw compression with an all-inclusive design, integrating controller, suction valve, inverter motor, and oil management, while maintaining adaptable scalability and using a consistent oil system and controller.

In June 2022, Carrier Global Corporation launched new energy efficient versatile EasyCube solution for chilled or frozen products. It is a highly energy-efficient plug-in island cabinet with the versatility to switch between chilled or frozen refrigeration and offer outstanding product visibility.

Key Questions Answered in This Report

• 1. How big is the global transcritical CO2 market?
• 2. What is the expected growth rate of the global transcritical CO2 market during 2024-2032?
• 3. What are the key factors driving the global transcritical CO2 market?
• 4. What has been the impact of COVID-19 on the global transcritical CO2 market?
• 5. What is the breakup of the global transcritical CO2 market based on the function?
• 6. What is the breakup of the global transcritical CO2 market based on the application?
• 7. What are the key regions in the global transcritical CO2 market?
• 8. Who are the key players/companies in the global transcritical CO2 market?

Table of Contents

1 Preface

2 Scope and Methodology

• 2.1 Objectives of the Study
• 2.2 Stakeholders
• 2.3 Data Sources
  • 2.3.1 Primary Sources
  • 2.3.2 Secondary Sources
• 2.4 Market Estimation
  • 2.4.1 Bottom-Up Approach
  • 2.4.2 Top-Down Approach
• 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

• 4.1 Overview
• 4.2 Key Industry Trends

5 Global Transcritical CO2 Market

• 5.1 Market Overview
• 5.2 Market Performance
• 5.3 Impact of COVID-19
• 5.4 Market Forecast

6 Market Breakup by Function

• 6.1 Refrigeration
  • 6.1.1 Market Trends
  • 6.1.2 Market Forecast
• 6.2 Heating
  • 6.2.1 Market Trends
  • 6.2.2 Market Forecast
• 6.3 Air Conditioning
  • 6.3.1 Market Trends
  • 6.3.2 Market Forecast

7 Market Breakup by Application

• 7.1 Supermarkets and Convenience Stores
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
• 7.2 Ice Skating Rinks
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast
• 7.3 Food Processing and Storage Facilities
  • 7.3.1 Market Trends
  • 7.3.2 Market Forecast
• 7.4 Heat Pumps
  • 7.4.1 Market Trends
  • 7.4.2 Market Forecast
• 7.5 Others
  • 7.5.1 Market Trends
  • 7.5.2 Market Forecast

8 Market Breakup by Region

• 8.1 North America
  • 8.1.1 United States
    • 8.1.1.1 Market Trends
    • 8.1.1.2 Market Forecast
  • 8.1.2 Canada
    • 8.1.2.1 Market Trends
    • 8.1.2.2 Market Forecast
• 8.2 Asia-Pacific
  • 8.2.1 China
    • 8.2.1.1 Market Trends
    • 8.2.1.2 Market Forecast
  • 8.2.2 Japan
    • 8.2.2.1 Market Trends
    • 8.2.2.2 Market Forecast
  • 8.2.3 India
    • 8.2.3.1 Market Trends
    • 8.2.3.2 Market Forecast
  • 8.2.4 South Korea
    • 8.2.4.1 Market Trends
    • 8.2.4.2 Market Forecast
  • 8.2.5 Australia
    • 8.2.5.1 Market Trends
    • 8.2.5.2 Market Forecast
  • 8.2.6 Indonesia
    • 8.2.6.1 Market Trends
    • 8.2.6.2 Market Forecast
  • 8.2.7 Others
    • 8.2.7.1 Market Trends
    • 8.2.7.2 Market Forecast
• 8.3 Europe
  • 8.3.1 Germany
    • 8.3.1.1 Market Trends
    • 8.3.1.2 Market Forecast
  • 8.3.2 France
    • 8.3.2.1 Market Trends
    • 8.3.2.2 Market Forecast
  • 8.3.3 United Kingdom
    • 8.3.3.1 Market Trends
    • 8.3.3.2 Market Forecast
  • 8.3.4 Italy
    • 8.3.4.1 Market Trends
    • 8.3.4.2 Market Forecast
  • 8.3.5 Spain
    • 8.3.5.1 Market Trends
    • 8.3.5.2 Market Forecast
  • 8.3.6 Russia
    • 8.3.6.1 Market Trends
    • 8.3.6.2 Market Forecast
  • 8.3.7 Others
    • 8.3.7.1 Market Trends
    • 8.3.7.2 Market Forecast
• 8.4 Latin America
  • 8.4.1 Brazil
    • 8.4.1.1 Market Trends
    • 8.4.1.2 Market Forecast
  • 8.4.2 Mexico
    • 8.4.2.1 Market Trends
    • 8.4.2.2 Market Forecast
  • 8.4.3 Others
    • 8.4.3.1 Market Trends
    • 8.4.3.2 Market Forecast
• 8.5 Middle East and Africa
  • 8.5.1 Market Trends
  • 8.5.2 Market Breakup by Country
  • 8.5.3 Market Forecast

9 SWOT Analysis

• 9.1 Overview
• 9.2 Strengths
• 9.3 Weaknesses
• 9.4 Opportunities
• 9.5 Threats

10 Value Chain Analysis

11 Porters Five Forces Analysis

• 11.1 Overview
• 11.2 Bargaining Power of Buyers
• 11.3 Bargaining Power of Suppliers
• 11.4 Degree of Competition
• 11.5 Threat of New Entrants
• 11.6 Threat of Substitutes

12 Price Analysis

13 Competitive Landscape

• 13.1 Market Structure
• 13.2 Key Players
• 13.3 Profiles of Key Players
  • 13.3.1 Baltimore Aircoil Company Inc. (AMSTED Industries Incorporated)
    • 13.3.1.1 Company Overview
    • 13.3.1.2 Product Portfolio
  • 13.3.2 Bitzer SE
    • 13.3.2.1 Company Overview
    • 13.3.2.2 Product Portfolio
  • 13.3.3 Carnot Refrigeration (M&M Refrigeration)
    • 13.3.3.1 Company Overview
    • 13.3.3.2 Product Portfolio
  • 13.3.4 Carrier Global Corporation
    • 13.3.4.1 Company Overview
    • 13.3.4.2 Product Portfolio
    • 13.3.4.3 Financials
  • 13.3.5 Danfoss
    • 13.3.5.1 Company Overview
    • 13.3.5.2 Product Portfolio
    • 13.3.5.3 SWOT Analysis
  • 13.3.6 Dorin S.p.A.
    • 13.3.6.1 Company Overview
    • 13.3.6.2 Product Portfolio
  • 13.3.7 Emerson Electric Co.
    • 13.3.7.1 Company Overview
    • 13.3.7.2 Product Portfolio
    • 13.3.7.3 Financials
  • 13.3.8 Hill Phoenix Inc. (Dover Corporation)
    • 13.3.8.1 Company Overview
    • 13.3.8.2 Product Portfolio
  • 13.3.9 Mayekawa Mfg. Co. Ltd.
    • 13.3.9.1 Company Overview
    • 13.3.9.2 Product Portfolio
  • 13.3.10 Panasonic Holdings Corporation
    • 13.3.10.1 Company Overview
    • 13.3.10.2 Product Portfolio
    • 13.3.10.3 Financials
    • 13.3.10.4 SWOT Analysis
  • 13.3.11 SCM Frigo S.p.A.
    • 13.3.11.1 Company Overview
    • 13.3.11.2 Product Portfolio