Chinese refrigeration compressor industry has huge development space and good prospects

Chinese refrigeration compressor industry has huge development space and good prospects The development of China's cold chain logistics is lagging, resulting in a cold chain circulation rate of agricultural products of only 5-20%, while the agricultural product circulation decay rate is between 15-30%, and the developed countries such as the United States are more than 95% and less than 5%. It is estimated that the annual circulation decay value of major agricultural products exceeds 550 billion yuan, that is, about 1.4% of GDP is wasted due to the backwardness of the cold chain industry. The cold chain circulation demand CAGR is about 18% in the next 5 years. The main factors driving the development of cold chain logistics are already in place. In the next five years, China's cold chain demand will enter a period of rapid growth. In the short term, the industry's compensatory demand will continue. The cold chain circulation demand CAGR is expected to be about 18%. After taking into account the demand for renewal, the growth rate of the cold chain equipment industry is expected to be faster. Central air-conditioning can still maintain more than 15% growth. Although the air-conditioning industry is facing adjustments, the central air-conditioning industry whose demand comes from commercial buildings, public buildings and large villas is still in the growth period. The area of ​​commercial real estate under construction and new construction is still growing rapidly in the short term. Speed ​​pressure is a big deal. At the same time, the industry will be driven by energy efficiency policies and import substitution. Water-source heat pumps are driven by policies and are expected to be implemented gradually. The ground source heat pump has been widely used in developed countries such as Sweden and the United States. Because of its good energy saving and simple and mature technology, there is a huge space for popularization in China. The government strongly supports the contract energy management model. There have been 1,734 energy-saving service companies approved by the state, and the industry has grown explosively. The future growth rate of water ground source heat pumps is expected to exceed 30%, and the implementation of energy-saving policies is the main driving force.

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