Global Refrigerant Compressors Market Poised for Significant Growth by 2032

The refrigerant compressors market plays a vital role in the global HVAC (heating, ventilation, and air conditioning) and refrigeration industries. These compressors are essential for refrigeration systems, as they help compress and circulate refrigerants to transfer heat. The market is expected to see strong growth between 2025 and 2032, driven by increasing demand for energy-efficient and eco-friendly refrigeration systems, along with continuous advancements in compressor technology.

The market size for refrigerant compressors is projected to grow from USD 39.56 billion in 2024 to USD 59.34 billion by 2032, representing a compound annual growth rate (CAGR) of 5.2% during the forecast period from 2025 to 2032.

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