China Transcritical Co2 Systems Market Size & Outlook
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China transcritical co2 systems market highlights
- The China transcritical co2 systems market generated a revenue of USD 82.3 million in 2024 and is expected to reach USD 187.3 million by 2030.
- The China market is expected to grow at a CAGR of 15.4% from 2025 to 2030.
- In terms of segment, refrigeration was the largest revenue generating function in 2024.
- Refrigeration is the most lucrative function segment registering the fastest growth during the forecast period.
Transcritical co2 systems market data book summary
| Market revenue in 2024 | USD 82.3 million |
| Market revenue in 2030 | USD 187.3 million |
| Growth rate | 15.4% (CAGR from 2025 to 2030) |
| Largest segment | Refrigeration |
| Fastest growing segment | Refrigeration |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Refrigeration, Heating, Air Conditioning |
Other key industry trends
- In terms of revenue, China accounted for 0.2% of the global transcritical co2 systems market in 2024.
- Country-wise, Denmark is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan transcritical co2 systems market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 12,624.4 million by 2030.
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Transcritical CO2 Systems Market Scope
Transcritical CO2 Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| MAYEKAWA USA INC | View profile | 101-250 | Lebanon, Tennessee, United States, North America | http://mayekawausa.com |
| Strategic Initiatives | View profile | 1-10 | Accra, Greater Accra, Ghana, Africa | https://sil-ghana.com/ |
| Henry Technologies | View profile | 11-50 | Merkers, Thuringen, Germany, Europe | https://www.henry-technologies.de |
| Baltimore Aircoil Company | View profile | 251-500 | Heist-op-den-berg, Antwerpen, Belgium, Europe | https://www.baltimoreaircoil.eu |
| Hillphoenix | View profile | 5001-10000 | Conyers, Georgia, United States, North America | http://www.hillphoenix.com/ |
| Green & Cool World Refrigeration | View profile | 11-50 | Göteborg, Vastra Gotaland, Sweden, Europe | https://www.greenandcool.com/en/ |
| Carrier Commercial Refrigeration | View profile | 1001-5000 | Rueil-malmaison, Ile-de-France, France, Europe | https://www.carrier.com/commercial-refrigeration |
| TEKO | View profile | 101-250 | Altenstadt, Bayern, Germany, Europe | https://www.teko-gmbh.com |
| Advansor | View profile | 101-250 | Brabrand, Midtjylland, Denmark, Europe | https://www.advansor.com |
| SCM Frigo | View profile | 51-100 | Sant'angelo Di Piove Di Sacco, Veneto, Italy, Europe | https://www.scmfrigo.com |
| Baltimore Life Insurance Company | View profile | 251-500 | Owings Mills, Maryland, United States, North America | https://www.baltlife.com/ |
| Danfoss A/S | View profile | 10001+ | Nordborg, Syddanmark, Denmark, Europe | https://www.danfoss.com |
| Panasonic Holdings Corp | View profile | 230025 | 1006, Oaza Kadoma, Kadoma-shi, Osaka, Japan, 571-8501 | https://holdings.panasonic |
China transcritical co2 systems market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to transcritical co2 systems market will help companies and investors design strategic landscapes.
Refrigeration was the largest segment with a revenue share of 98.91% in 2024. Horizon Databook has segmented the China transcritical co2 systems market based on refrigeration, heating, air conditioning covering the revenue growth of each sub-segment from 2018 to 2030.
China’s Green and High-Efficiency Cooling Action Plan is expected to act as a major driver for adopting natural refrigerant-based solutions, including transcritical CO2 systems. This plan has set targets for the energy-efficiency improvement of cooling products by 2022 and 2030.
This action plan aims at strengthening energy efficiency standards, promoting the consumption of green and energy-efficient cooling products as well as expanding their supply in the country.
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Our clientele includes a mix of transcritical co2 systems market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the China transcritical co2 systems market , including forecasts for subscribers. This country databook contains high-level insights into China transcritical co2 systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China transcritical co2 systems market size, by applications, 2018-2030 (US$M)
China Transcritical CO2 Systems Market Outlook Share, 2024 & 2030 (US$M)
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