Global Refrigeration Equipment Market Size, Manufacturers, Opportunities and Forecast to 2030

Global Refrigeration Equipment Market Size, Manufacturers, Opportunities and Forecast to 2030


Commercial refrigeration equipment refers to machines and systems used for commercial refrigeration application, which generally include transport refrigeration equipment, commercial refrigerators and freezers, commercial beverage refrigerators and etc.

According to APO Research, The global Refrigeration Equipment market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

Global Refrigeration Equipment key players include MicrochipIngersoll Rand, Daikin Industries, Dover Corporation, Carrier, etc. Global top four manufacturers hold a share nearly 30%.

North America is the largest market, with a share about 30%, followed by China, and Europe, both have a share about 40 percent.

In terms of product, Refrigerators and Freezers is the largest segment, with a share over 50%. And in terms of application, the largest application is Food Service, followed by Food and Beverage Production, Food and Beverage Retail, Food and Beverage Distribution, etc.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Refrigeration Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Refrigeration Equipment.

The Refrigeration Equipment market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Refrigeration Equipment market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

Ingersoll Rand
Daikin Industries
Dover Corporation
Carrier
Hussmann (Panasonic)
Lennox (Heatcraft)
Haier
Illinois Tool Works
Whirpool
GEA
Blue Star
AHT Cooling Systems
Alfa Laval
Guntner GmbH
Metalfrio Solutions
Beverage-Air Corporation
Yantai Moon
Fujimak
Xingxing Group
Shanghai Reindustry

Refrigeration Equipment segment by Type

Transport Refrigeration Equipment
Refrigerators and Freezers
Beverage Refrigerators
Others

Refrigeration Equipment segment by Application

Food Service
Food and Beverage Retail
Food and Beverage Distribution
Food and Beverage Production
Others

Refrigeration Equipment Segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Refrigeration Equipment market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Refrigeration Equipment and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Refrigeration Equipment.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Refrigeration Equipment manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Refrigeration Equipment in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Refrigeration Equipment Market Size Estimates and Forecasts (2019-2030)
1.2.2 Global Refrigeration Equipment Sales Estimates and Forecasts (2019-2030)
1.3 Refrigeration Equipment Market by Type
1.3.1 Transport Refrigeration Equipment
1.3.2 Refrigerators and Freezers
1.3.3 Beverage Refrigerators
1.3.4 Others
1.4 Global Refrigeration Equipment Market Size by Type
1.4.1 Global Refrigeration Equipment Market Size Overview by Type (2019-2030)
1.4.2 Global Refrigeration Equipment Historic Market Size Review by Type (2019-2024)
1.4.3 Global Refrigeration Equipment Forecasted Market Size by Type (2025-2030)
1.5 Key Regions Market Size by Type
1.5.1 North America Refrigeration Equipment Sales Breakdown by Type (2019-2024)
1.5.2 Europe Refrigeration Equipment Sales Breakdown by Type (2019-2024)
1.5.3 Asia-Pacific Refrigeration Equipment Sales Breakdown by Type (2019-2024)
1.5.4 Latin America Refrigeration Equipment Sales Breakdown by Type (2019-2024)
1.5.5 Middle East and Africa Refrigeration Equipment Sales Breakdown by Type (2019-2024)
2 Global Market Dynamics
2.1 Refrigeration Equipment Industry Trends
2.2 Refrigeration Equipment Industry Drivers
2.3 Refrigeration Equipment Industry Opportunities and Challenges
2.4 Refrigeration Equipment Industry Restraints
3 Market Competitive Landscape by Company
3.1 Global Top Players by Refrigeration Equipment Revenue (2019-2024)
3.2 Global Top Players by Refrigeration Equipment Sales (2019-2024)
3.3 Global Top Players by Refrigeration Equipment Price (2019-2024)
3.4 Global Refrigeration Equipment Industry Company Ranking, 20
22 VS 2023 VS 2024
3.5 Global Refrigeration Equipment Key Company Manufacturing Sites & Headquarters
3.6 Global Refrigeration Equipment Company, Product Type & Application
3.7 Global Refrigeration Equipment Company Commercialization Time
3.8 Market Competitive Analysis
3.8.1 Global Refrigeration Equipment Market CR5 and HHI
3.8.2 Global Top 5 and
10 Refrigeration Equipment Players Market Share by Revenue in 2023
3.8.3 20
23 Refrigeration Equipment Tier 1, Tier 2, and Tier 3
4 Refrigeration Equipment Regional Status and Outlook
4.1 Global Refrigeration Equipment Market Size and CAGR by Region: 20
19 VS 2023 VS 2030
4.2 Global Refrigeration Equipment Historic Market Size by Region
4.2.1 Global Refrigeration Equipment Sales in Volume by Region (2019-2024)
4.2.2 Global Refrigeration Equipment Sales in Value by Region (2019-2024)
4.2.3 Global Refrigeration Equipment Sales (Volume & Value), Price and Gross Margin (2019-2024)
4.3 Global Refrigeration Equipment Forecasted Market Size by Region
4.3.1 Global Refrigeration Equipment Sales in Volume by Region (2025-2030)
4.3.2 Global Refrigeration Equipment Sales in Value by Region (2025-2030)
4.3.3 Global Refrigeration Equipment Sales (Volume & Value), Price and Gross Margin (2025-2030)
5 Refrigeration Equipment by Application
5.1 Refrigeration Equipment Market by Application
5.1.1 Food Service
5.1.2 Food and Beverage Retail
5.1.3 Food and Beverage Distribution
5.1.4 Food and Beverage Production
5.1.5 Others
5.2 Global Refrigeration Equipment Market Size by Application
5.2.1 Global Refrigeration Equipment Market Size Overview by Application (2019-2030)
5.2.2 Global Refrigeration Equipment Historic Market Size Review by Application (2019-2024)
5.2.3 Global Refrigeration Equipment Forecasted Market Size by Application (2025-2030)
5.3 Key Regions Market Size by Application
5.3.1 North America Refrigeration Equipment Sales Breakdown by Application (2019-2024)
5.3.2 Europe Refrigeration Equipment Sales Breakdown by Application (2019-2024)
5.3.3 Asia-Pacific Refrigeration Equipment Sales Breakdown by Application (2019-2024)
5.3.4 Latin America Refrigeration Equipment Sales Breakdown by Application (2019-2024)
5.3.5 Middle East and Africa Refrigeration Equipment Sales Breakdown by Application (2019-2024)
6 Company Profiles
6.1 Ingersoll Rand
6.1.1 Ingersoll Rand Comapny Information
6.1.2 Ingersoll Rand Business Overview
6.1.3 Ingersoll Rand Refrigeration Equipment Sales, Revenue and Gross Margin (2019-2024)
6.1.4 Ingersoll Rand Refrigeration Equipment Product Portfolio
6.1.5 Ingersoll Rand Recent Developments
6.2 Daikin Industries
6.2.1 Daikin Industries Comapny Information
6.2.2 Daikin Industries Business Overview
6.2.3 Daikin Industries Refrigeration Equipment Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Daikin Industries Refrigeration Equipment Product Portfolio
6.2.5 Daikin Industries Recent Developments
6.3 Dover Corporation
6.3.1 Dover Corporation Comapny Information
6.3.2 Dover Corporation Business Overview
6.3.3 Dover Corporation Refrigeration Equipment Sales, Revenue and Gross Margin (2019-2024)
6.3.4 Dover Corporation Refrigeration Equipment Product Portfolio
6.3.5 Dover Corporation Recent Developments
6.4 Carrier
6.4.1 Carrier Comapny Information
6.4.2 Carrier Business Overview
6.4.3 Carrier Refrigeration Equipment Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Carrier Refrigeration Equipment Product Portfolio
6.4.5 Carrier Recent Developments
6.5 Hussmann (Panasonic)
6.5.1 Hussmann (Panasonic) Comapny Information
6.5.2 Hussmann (Panasonic) Business Overview
6.5.3 Hussmann (Panasonic) Refrigeration Equipment Sales, Revenue and Gross Margin (2019-2024)
6.5.4 Hussmann (Panasonic) Refrigeration Equipment Product Portfolio
6.5.5 Hussmann (Panasonic) Recent Developments
6.6 Lennox (Heatcraft)
6.6.1 Lennox (Heatcraft) Comapny Information
6.6.2 Lennox (Heatcraft) Business Overview
6.6.3 Lennox (Heatcraft) Refrigeration Equipment Sales, Revenue and Gross Margin (2019-2024)
6.6.4 Lennox (Heatcraft) Refrigeration Equipment Product Portfolio
6.6.5 Lennox (Heatcraft) Recent Developments
6.7 Haier
6.7.1 Haier Comapny Information
6.7.2 Haier Business Overview
6.7.3 Haier Refrigeration Equipment Sales, Revenue and Gross Margin (2019-2024)
6.7.4 Haier Refrigeration Equipment Product Portfolio
6.7.5 Haier Recent Developments
6.8 Illinois Tool Works
6.8.1 Illinois Tool Works Comapny Information
6.8.2 Illinois Tool Works Business Overview
6.8.3 Illinois Tool Works Refrigeration Equipment Sales, Revenue and Gross Margin (2019-2024)
6.8.4 Illinois Tool Works Refrigeration Equipment Product Portfolio
6.8.5 Illinois Tool Works Recent Developments
6.9 Whirpool
6.9.1 Whirpool Comapny Information
6.9.2 Whirpool Business Overview
6.9.3 Whirpool Refrigeration Equipment Sales, Revenue and Gross Margin (2019-2024)
6.9.4 Whirpool Refrigeration Equipment Product Portfolio
6.9.5 Whirpool Recent Developments
6.
10 GEA
6.10.1 GEA Comapny Information
6.10.2 GEA Business Overview
6.10.3 GEA Refrigeration Equipment Sales, Revenue and Gross Margin (2019-2024)
6.10.4 GEA Refrigeration Equipment Product Portfolio
6.10.5 GEA Recent Developments
6.
11 Blue Star
6.11.1 Blue Star Comapny Information
6.11.2 Blue Star Business Overview
6.11.3 Blue Star Refrigeration Equipment Sales, Revenue and Gross Margin (2019-2024)
6.11.4 Blue Star Refrigeration Equipment Product Portfolio
6.11.5 Blue Star Recent Developments
6.
12 AHT Cooling Systems
6.12.1 AHT Cooling Systems Comapny Information
6.12.2 AHT Cooling Systems Business Overview
6.12.3 AHT Cooling Systems Refrigeration Equipment Sales, Revenue and Gross Margin (2019-2024)
6.12.4 AHT Cooling Systems Refrigeration Equipment Product Portfolio
6.12.5 AHT Cooling Systems Recent Developments
6.
13 Alfa Laval
6.13.1 Alfa Laval Comapny Information
6.13.2 Alfa Laval Business Overview
6.13.3 Alfa Laval Refrigeration Equipment Sales, Revenue and Gross Margin (2019-2024)
6.13.4 Alfa Laval Refrigeration Equipment Product Portfolio
6.13.5 Alfa Laval Recent Developments
6.
14 Guntner GmbH
6.14.1 Guntner GmbH Comapny Information
6.14.2 Guntner GmbH Business Overview
6.14.3 Guntner GmbH Refrigeration Equipment Sales, Revenue and Gross Margin (2019-2024)
6.14.4 Guntner GmbH Refrigeration Equipment Product Portfolio
6.14.5 Guntner GmbH Recent Developments
6.
15 Metalfrio Solutions
6.15.1 Metalfrio Solutions Comapny Information
6.15.2 Metalfrio Solutions Business Overview
6.15.3 Metalfrio Solutions Refrigeration Equipment Sales, Revenue and Gross Margin (2019-2024)
6.15.4 Metalfrio Solutions Refrigeration Equipment Product Portfolio
6.15.5 Metalfrio Solutions Recent Developments
6.
16 Beverage-Air Corporation
6.16.1 Beverage-Air Corporation Comapny Information
6.16.2 Beverage-Air Corporation Business Overview
6.16.3 Beverage-Air Corporation Refrigeration Equipment Sales, Revenue and Gross Margin (2019-2024)
6.16.4 Beverage-Air Corporation Refrigeration Equipment Product Portfolio
6.16.5 Beverage-Air Corporation Recent Developments
6.
17 Yantai Moon
6.17.1 Yantai Moon Comapny Information
6.17.2 Yantai Moon Business Overview
6.17.3 Yantai Moon Refrigeration Equipment Sales, Revenue and Gross Margin (2019-2024)
6.17.4 Yantai Moon Refrigeration Equipment Product Portfolio
6.17.5 Yantai Moon Recent Developments
6.
18 Fujimak
6.18.1 Fujimak Comapny Information
6.18.2 Fujimak Business Overview
6.18.3 Fujimak Refrigeration Equipment Sales, Revenue and Gross Margin (2019-2024)
6.18.4 Fujimak Refrigeration Equipment Product Portfolio
6.18.5 Fujimak Recent Developments
6.
19 Xingxing Group
6.19.1 Xingxing Group Comapny Information
6.19.2 Xingxing Group Business Overview
6.19.3 Xingxing Group Refrigeration Equipment Sales, Revenue and Gross Margin (2019-2024)
6.19.4 Xingxing Group Refrigeration Equipment Product Portfolio
6.19.5 Xingxing Group Recent Developments
6.
20 Shanghai Reindustry
6.20.1 Shanghai Reindustry Comapny Information
6.20.2 Shanghai Reindustry Business Overview
6.20.3 Shanghai Reindustry Refrigeration Equipment Sales, Revenue and Gross Margin (2019-2024)
6.20.4 Shanghai Reindustry Refrigeration Equipment Product Portfolio
6.20.5 Shanghai Reindustry Recent Developments
7 North America by Country
7.1 North America Refrigeration Equipment Sales by Country
7.1.1 North America Refrigeration Equipment Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
7.1.2 North America Refrigeration Equipment Sales by Country (2019-2024)
7.1.3 North America Refrigeration Equipment Sales Forecast by Country (2025-2030)
7.2 North America Refrigeration Equipment Market Size by Country
7.2.1 North America Refrigeration Equipment Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
7.2.2 North America Refrigeration Equipment Market Size by Country (2019-2024)
7.2.3 North America Refrigeration Equipment Market Size Forecast by Country (2025-2030)
8 Europe by Country
8.1 Europe Refrigeration Equipment Sales by Country
8.1.1 Europe Refrigeration Equipment Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
8.1.2 Europe Refrigeration Equipment Sales by Country (2019-2024)
8.1.3 Europe Refrigeration Equipment Sales Forecast by Country (2025-2030)
8.2 Europe Refrigeration Equipment Market Size by Country
8.2.1 Europe Refrigeration Equipment Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
8.2.2 Europe Refrigeration Equipment Market Size by Country (2019-2024)
8.2.3 Europe Refrigeration Equipment Market Size Forecast by Country (2025-2030)
9 Asia-Pacific by Country
9.1 Asia-Pacific Refrigeration Equipment Sales by Country
9.1.1 Asia-Pacific Refrigeration Equipment Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
9.1.2 Asia-Pacific Refrigeration Equipment Sales by Country (2019-2024)
9.1.3 Asia-Pacific Refrigeration Equipment Sales Forecast by Country (2025-2030)
9.2 Asia-Pacific Refrigeration Equipment Market Size by Country
9.2.1 Asia-Pacific Refrigeration Equipment Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
9.2.2 Asia-Pacific Refrigeration Equipment Market Size by Country (2019-2024)
9.2.3 Asia-Pacific Refrigeration Equipment Market Size Forecast by Country (2025-2030)
10 Latin America by Country
10.1 Latin America Refrigeration Equipment Sales by Country
10.1.1 Latin America Refrigeration Equipment Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
10.1.2 Latin America Refrigeration Equipment Sales by Country (2019-2024)
10.1.3 Latin America Refrigeration Equipment Sales Forecast by Country (2025-2030)
10.2 Latin America Refrigeration Equipment Market Size by Country
10.2.1 Latin America Refrigeration Equipment Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
10.2.2 Latin America Refrigeration Equipment Market Size by Country (2019-2024)
10.2.3 Latin America Refrigeration Equipment Market Size Forecast by Country (2025-2030)
11 Middle East and Africa by Country
11.1 Middle East and Africa Refrigeration Equipment Sales by Country
11.1.1 Middle East and Africa Refrigeration Equipment Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
11.1.2 Middle East and Africa Refrigeration Equipment Sales by Country (2019-2024)
11.1.3 Middle East and Africa Refrigeration Equipment Sales Forecast by Country (2025-2030)
11.2 Middle East and Africa Refrigeration Equipment Market Size by Country
11.2.1 Middle East and Africa Refrigeration Equipment Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
11.2.2 Middle East and Africa Refrigeration Equipment Market Size by Country (2019-2024)
11.2.3 Middle East and Africa Refrigeration Equipment Market Size Forecast by Country (2025-2030)
12 Value Chain and Sales Channels Analysis
12.1 Refrigeration Equipment Value Chain Analysis
12.1.1 Refrigeration Equipment Key Raw Materials
12.1.2 Key Raw Materials Price
12.1.3 Raw Materials Key Suppliers
12.1.4 Manufacturing Cost Structure
12.1.5 Refrigeration Equipment Production Mode & Process
12.2 Refrigeration Equipment Sales Channels Analysis
12.2.1 Direct Comparison with Distribution Share
12.2.2 Refrigeration Equipment Distributors
12.2.3 Refrigeration Equipment Customers
13 Concluding Insights
14 Appendix
14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
14.5.1 Secondary Sources
14.5.2 Primary Sources
14.6 Disclaimer

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