Global HVAC Refrigerant Recovery System Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global HVAC Refrigerant Recovery System Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

A refrigerant recovery system is a device which can be used to remove refrigerant from a HVAC (Heating, Ventilation, and Air Conditioning) system. The HVAC (Heating, Ventilation, and Air Conditioning) industry is at the forefront of efforts to address environmental concerns and reduce the carbon footprint. Central to this effort is the management of refrigerants, which are critical for the functioning of HVAC systems. However, the environmental impact of certain refrigerants, particularly those with high Global Warming Potential (GWP), has led to increased scrutiny and regulation. As a result, there has been a notable surge in demand for refrigerant recovery equipment in the HVAC industry.

According to our (Global Info Research) latest study, the global HVAC Refrigerant Recovery System market size was valued at US$ 1420 million in 2023 and is forecast to a readjusted size of USD 2611 million by 2030 with a CAGR of 9.0% during review period.

Environmental regulations have become increasingly stringent globally, with a particular focus on the HVAC industry due to its significant contribution to greenhouse gas emissions. Refrigerants like hydrochlorofluorocarbons (HCFCs) and hydrofluorocarbons (HFCs) have been identified as potent contributors to global warming. Consequently, governments and regulatory bodies have implemented strict rules to reduce their emissions. Refrigerant recovery equipment plays a pivotal role in complying with these regulations. It enables HVAC professionals to safely capture, recycle, or dispose of refrigerants during servicing, maintenance, and system decommissioning. This not only helps companies adhere to environmental laws but also reduces their carbon footprint. Many countries have initiated the phaseout of high-GWP refrigerants as part of their commitment to mitigating climate change. These efforts aim to transition to more environmentally friendly alternatives with lower GWP. As a result, the demand for refrigerant recovery equipment has soared.

This report is a detailed and comprehensive analysis for global HVAC Refrigerant Recovery System market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global HVAC Refrigerant Recovery System market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2019-2030

Global HVAC Refrigerant Recovery System market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2019-2030

Global HVAC Refrigerant Recovery System market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2019-2030

Global HVAC Refrigerant Recovery System market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (US$/Unit), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for HVAC Refrigerant Recovery System

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global HVAC Refrigerant Recovery System market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Appion, Ritchie Engineering Inc, Reftec International Systems Llc, Refco Manufacturing Ltd., Bosch Automotive Service Solutions Inc, JB Industries, Inficon, Yao Chuan Enterprise Co Ltd, Cps Products Inc, Fieldpiece Instruments Inc, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

HVAC Refrigerant Recovery System market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Low-Pressure Units (0.1HP to 0.75HP)
Medium-Pressure Units (0.75HP to 3HP)
High-Pressure Units (More Than 3HP)

Market segment by Application
Industrial
Commercial

Major players covered
Appion
Ritchie Engineering Inc
Reftec International Systems Llc
Refco Manufacturing Ltd.
Bosch Automotive Service Solutions Inc
JB Industries
Inficon
Yao Chuan Enterprise Co Ltd
Cps Products Inc
Fieldpiece Instruments Inc
Nanjing Wonfulay Precision Machinery
Wilhelmsen

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe HVAC Refrigerant Recovery System product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of HVAC Refrigerant Recovery System, with price, sales quantity, revenue, and global market share of HVAC Refrigerant Recovery System from 2019 to 2024.

Chapter 3, the HVAC Refrigerant Recovery System competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the HVAC Refrigerant Recovery System breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and HVAC Refrigerant Recovery System market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of HVAC Refrigerant Recovery System.

Chapter 14 and 15, to describe HVAC Refrigerant Recovery System sales channel, distributors, customers, research findings and conclusion.