North America Transcritical Co2 Systems Market Size & Outlook

The transcritical co2 systems market in North America is expected to reach a projected revenue of US$ 3,116.7 million by 2030. A compound annual growth rate of 18.3% is expected of North America transcritical co2 systems market from 2025 to 2030.
Revenue, 2024 (US$M)
$1,168.1
Forecast, 2030 (US$M)
$3,116.7
CAGR, 2025 - 2030
18.3%
Report Coverage
North America

To keep accessing Horizon, please sign in or register for a free account

  • Access to global market statistics
  • Access to company profiles
  • Free use-cases & research insights

No credit card required*

North America transcritical co2 systems market, 2018-2030 (US$M)

North America transcritical co2 systems market, 2018-2030 (US$M)

To keep accessing Horizon, please sign in or register for a free account

  • Access to global market statistics
  • Access to company profiles
  • Free use-cases & research insights

No credit card required*

North America transcritical co2 systems market highlights

  • The North America transcritical co2 systems market generated a revenue of USD 1,168.1 million in 2024.
  • The market is expected to grow at a CAGR of 18.3% 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.
  • Country-wise, Canada is expected to register the highest CAGR from 2025 to 2030.


North America data book summary

Market revenue in 2024USD 1,168.1 million
Market revenue in 2030USD 3,116.7 million
Growth rate18.3% (CAGR from 2025 to 2030)
Largest segmentRefrigeration
Fastest growing segmentRefrigeration
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationRefrigeration, Heating, Air Conditioning


Other key industry trends

  • In terms of revenue, North America region accounted for 3.3% of the global transcritical co2 systems market in 2024.
  • Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 20,372.4 million by 2030.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

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

North America 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 107.84% in 2024. Horizon Databook has segmented the North America transcritical co2 systems market based on refrigeration, heating, air conditioning covering the revenue growth of each sub-segment from 2018 to 2030.


The economy of North America is the largest and the most influential globally. It is witnessing significant growth owing to industrial dynamics and commodity abundance in its countries. The region includes the U.S. and Canada, all of which are substantial and complex economic systems.

Favorable government policies and increasing incentives on the use of energy-efficient products are expected to drive transcritical CO2 systems market over the forecast period.

Reasons to subscribe to North America transcritical co2 systems market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of North America transcritical co2 systems market databook

  • Our clientele includes a mix of transcritical co2 systems market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of continent-level data and insights on the North America transcritical co2 systems market , including forecasts for subscribers. This continent databook contains high-level insights into North America transcritical co2 systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

North America transcritical co2 systems market size, by country, 2018-2030 (US$M)

North America Transcritical CO2 Systems Market Outlook Share, 2024 & 2030 (US$M)

North America transcritical co2 systems market size, by country, 2018-2030 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more
Chat with us
Research Assistance
Online