BSRIA Compressor Study September 2020 - The Americas and China
Contents |
[edit] Introduction
BSRIA has published its September 2020 report on the compressor market for heating, air conditioning and refrigeration for the Americas and China. The report focuses on detailed product sales, with indications of production levels. The different compressor types covered in this study include rotary, scroll, reciprocating, screw and centrifugal with focus on HVAC applications with separate data on air conditioning, air to water or water to water heat pumps and refrigeration. Transport applications are excluded.
[edit] Contrasting reports
The reports reveal contrasting pictures in terms of applications. In the Americas, refrigeration is the largest segment in the market, with high volumes of hermetic reciprocating compressors for residential applications.
Air conditioning is the second largest application, thanks to a vast residential and light commercial market. Rotary and especially scroll AC compressors are the most popular in this segment. The heat pump market is in a nascent state in Americas.
China has been a global production hub for compressors for some time, and this continues to be the case. Sales of compressors for air conditioning are the highest, followed by refrigeration units. Sales of compressors for heat pumps remain small in comparison.
[edit] Economic challenges
Despite their difference of magnitude, both markets are expected to experience similar hurdles and economic woes in 2020-2021. The COVID-19 crisis impacts China in 2020, but the recovery towards pre-pandemic levels is expected relatively quickly.
In the Americas, refrigeration will drive growth unabated, despite a drop in air conditioning and heat pump markets, but the market is expected to take slightly longer to recover fully.
This article originally appeared on the BSRIA website under the headline, 'New BSRIA Global Compressor Study available from September 2020'. It was released in September 2020.
--BSRIA
[edit] Related articles on Designing Buildings Wiki
Featured articles
Check out some of the best features and news from Designing Buildings as well as key stories from around the web.
Households living near new pylons to save on bills.
ECA warns growth must not outpace grid capacity or skills.
The role of the client and decision making
CIOB response to built environment professions call for evidence.
Construction's sustainability reporting revolution
Tracking upfront embodied carbon with digital tools.
ECA welcomes procurement reforms
Public spending must back British jobs and skills.
Campaigning for Edinburgh: the Cockburn Association 1875-2049
The role of the civic voice in protecting character. Book review.
CIOB photography competition is open for entries.
ECA Edmundson apprentice of the year award
Finalists announced.
Major new study exposes serious knowledge gaps.
Generating energy from internal light as well as sunshine.
ECA welcomes plans to strengthen subcontractor quality control.
Combining mid-career qualifications with experience broadens career opportunities.