The size of the global condensing unit market was estimated to be approximately USD 20.20 billion in 2024, and it is expected to increase at a compound annual growth rate (CAGR) of roughly 7.11% between 2024 and 2032 to be around USD 35.00 billion. Introduction Condensing units are critical components in HVAC (heating, ventilation, and air conditioning) and refrigeration systems,...