Global Refrigeration Equipment Market by Size, by Type, by Application, by Region, History and Forecast 2020-2031

Summary

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 is projected to grow from US$ million in 2025 to US$ million by 2031, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.

The US & Canada market for Refrigeration Equipment is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Asia-Pacific market for Refrigeration Equipment is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The China market for Refrigeration Equipment is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Europe market for Refrigeration Equipment is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The major global manufacturers of Refrigeration Equipment include Ingersoll Rand, Daikin Industries, Dover Corporation, Carrier, Hussmann (Panasonic), Lennox (Heatcraft), Haier, Illinois Tool Works and Whirpool, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

In terms of production side, this report researches the Refrigeration Equipment production, growth rate, market share by manufacturers and by region (region level and country level), from 2020 to 2025, and forecast to 2031.

In terms of consumption side, this report focuses on the sales of Refrigeration Equipment by region (region level and country level), by company, by type and by application. from 2020 to 2025 and forecast to 2031.

This report presents an overview of global market for Refrigeration Equipment, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2020 - 2024, estimates for 2025, and projections of CAGR through 2031.

This report researches the key producers of Refrigeration Equipment, also provides the consumption of main regions and countries. Of the upcoming market potential for Refrigeration Equipment, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Refrigeration Equipment sales, revenue, market share and industry ranking of main manufacturers, data from 2020 to 2025. Identification of the major stakeholders in the global Refrigeration Equipment market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by type and by application, sales, revenue, and price, from 2020 to 2031. Evaluation and forecast the market size for Refrigeration Equipment sales, projected growth trends, production technology, application and end-user industry.

Refrigeration Equipment Segment by Company

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
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries

Study Objectives

1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

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: Provides an overview of the Refrigeration Equipment market, including product definition, global market growth prospects, production value, capacity, and average price forecasts (2020-2031).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Refrigeration Equipment industry.
Chapter 3: Detailed analysis of Refrigeration Equipment market competition landscape. Including Refrigeration Equipment manufacturers' output value, output and average price from 2020 to 2025, as well as competition analysis indicators such as origin, product type, application, merger and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 7: Production/Production Value of Refrigeration Equipment by region. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 8: Consumption of Refrigeration Equipment in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights of the report.

Please Note: Single-User license will be delivered via PDF from the publisher without the rights to print or to edit.


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Refrigeration Equipment Production Value Estimates and Forecasts (2020-2031)
1.2.2 Global Refrigeration Equipment Production Capacity Estimates and Forecasts (2020-2031)
1.2.3 Global Refrigeration Equipment Production Estimates and Forecasts (2020-2031)
1.2.4 Global Refrigeration Equipment Market Average Price (2020-2031)
1.3 Assumptions and Limitations
1.4 Study Goals and Objectives
2 Global Refrigeration Equipment 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 Refrigeration Equipment Market by Manufacturers
3.1 Global Refrigeration Equipment Production Value by Manufacturers (2020-2025)
3.2 Global Refrigeration Equipment Production by Manufacturers (2020-2025)
3.3 Global Refrigeration Equipment Average Price by Manufacturers (2020-2025)
3.4 Global Refrigeration Equipment Industry Manufacturers Ranking, 2023 VS 2024 VS 2025
3.5 Global Refrigeration Equipment Key Manufacturers Manufacturing Sites & Headquarters
3.6 Global Refrigeration Equipment Manufacturers, Product Type & Application
3.7 Global Refrigeration Equipment Manufacturers Established Date
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 Production Value in 2024
3.8.3 2024 Refrigeration Equipment Tier 1, Tier 2, and Tier 3
4 Refrigeration Equipment Market by Type
4.1 Refrigeration Equipment Type Introduction
4.1.1 Transport Refrigeration Equipment
4.1.2 Refrigerators and Freezers
4.1.3 Beverage Refrigerators
4.1.4 Others
4.2 Global Refrigeration Equipment Production by Type
4.2.1 Global Refrigeration Equipment Production by Type (2020 VS 2024 VS 2031)
4.2.2 Global Refrigeration Equipment Production by Type (2020-2031)
4.2.3 Global Refrigeration Equipment Production Market Share by Type (2020-2031)
4.3 Global Refrigeration Equipment Production Value by Type
4.3.1 Global Refrigeration Equipment Production Value by Type (2020 VS 2024 VS 2031)
4.3.2 Global Refrigeration Equipment Production Value by Type (2020-2031)
4.3.3 Global Refrigeration Equipment Production Value Market Share by Type (2020-2031)
5 Refrigeration Equipment Market by Application
5.1 Refrigeration Equipment Application Introduction
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 Production by Application
5.2.1 Global Refrigeration Equipment Production by Application (2020 VS 2024 VS 2031)
5.2.2 Global Refrigeration Equipment Production by Application (2020-2031)
5.2.3 Global Refrigeration Equipment Production Market Share by Application (2020-2031)
5.3 Global Refrigeration Equipment Production Value by Application
5.3.1 Global Refrigeration Equipment Production Value by Application (2020 VS 2024 VS 2031)
5.3.2 Global Refrigeration Equipment Production Value by Application (2020-2031)
5.3.3 Global Refrigeration Equipment Production Value Market Share by Application (2020-2031)
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 Production, Value and Gross Margin (2020-2025)
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 Production, Value and Gross Margin (2020-2025)
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 Production, Value and Gross Margin (2020-2025)
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 Production, Value and Gross Margin (2020-2025)
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 Production, Value and Gross Margin (2020-2025)
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 Production, Value and Gross Margin (2020-2025)
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 Production, Value and Gross Margin (2020-2025)
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 Production, Value and Gross Margin (2020-2025)
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 Production, Value and Gross Margin (2020-2025)
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 Production, Value and Gross Margin (2020-2025)
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 Production, Value and Gross Margin (2020-2025)
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 Production, Value and Gross Margin (2020-2025)
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 Production, Value and Gross Margin (2020-2025)
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 Production, Value and Gross Margin (2020-2025)
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 Production, Value and Gross Margin (2020-2025)
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 Production, Value and Gross Margin (2020-2025)
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 Production, Value and Gross Margin (2020-2025)
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 Production, Value and Gross Margin (2020-2025)
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 Production, Value and Gross Margin (2020-2025)
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 Production, Value and Gross Margin (2020-2025)
6.20.4 Shanghai Reindustry Refrigeration Equipment Product Portfolio
6.20.5 Shanghai Reindustry Recent Developments
7 Global Refrigeration Equipment Production by Region
7.1 Global Refrigeration Equipment Production by Region: 2020 VS 2024 VS 2031
7.2 Global Refrigeration Equipment Production by Region (2020-2031)
7.2.1 Global Refrigeration Equipment Production by Region: 2020-2025
7.2.2 Global Refrigeration Equipment Production Forecast by Region: 2026-2031
7.3 Global Refrigeration Equipment Production by Region: 2020 VS 2024 VS 2031
7.4 Global Refrigeration Equipment Production Value by Region (2020-2031)
7.4.1 Global Refrigeration Equipment Production Value by Region: 2020-2025
7.4.2 Global Refrigeration Equipment Production Value by Region (2026-2031)
7.5 Global Refrigeration Equipment Market Price Analysis by Region (2020-2031)
7.6 Regional Production Value Trends (2020-2031)
7.6.1 North America Refrigeration Equipment Production Value (2020-2031)
7.6.2 Europe Refrigeration Equipment Production Value (2020-2031)
7.6.3 Asia-Pacific Refrigeration Equipment Production Value (2020-2031)
7.6.4 South America Refrigeration Equipment Production Value (2020-2031)
7.6.5 Middle East & Africa Refrigeration Equipment Production Value (2020-2031)
8 Global Refrigeration Equipment Consumption by Region
8.1 Global Refrigeration Equipment Consumption by Region: 2020 VS 2024 VS 2031
8.2 Global Refrigeration Equipment Consumption by Region (2020-2031)
8.2.1 Global Refrigeration Equipment Consumption by Region (2020-2025)
8.2.2 Global Refrigeration Equipment Consumption by Region (2026-2031)
8.3 North America
8.3.1 North America Refrigeration Equipment Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
8.3.2 North America Refrigeration Equipment Consumption by Country (2020-2031)
8.3.3 U.S.
8.3.4 Canada
8.3.5 Mexico
8.4 Europe
8.4.1 Europe Refrigeration Equipment Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
8.4.2 Europe Refrigeration Equipment Consumption by Country (2020-2031)
8.4.3 Germany
8.4.4 France
8.4.5 U.K.
8.4.6 Italy
8.4.7 Netherlands
8.5 Asia Pacific
8.5.1 Asia Pacific Refrigeration Equipment Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
8.5.2 Asia Pacific Refrigeration Equipment Consumption by Country (2020-2031)
8.5.3 China
8.5.4 Japan
8.5.5 South Korea
8.5.6 Southeast Asia
8.5.7 India
8.5.8 Australia
8.6 South America
8.6.1 South America Refrigeration Equipment Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
8.6.2 South America Refrigeration Equipment Consumption by Country (2020-2031)
8.6.3 Brazil
8.6.4 Argentina
8.6.5 Chile
8.6.6 Colombia
8.7 Middle East & Africa
8.7.1 Middle East & Africa Refrigeration Equipment Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
8.7.2 Middle East & Africa Refrigeration Equipment Consumption by Country (2020-2031)
8.7.3 Egypt
8.7.4 South Africa
8.7.5 Israel
8.7.6 Türkiye
8.7.7 GCC Countries
9 Value Chain and Sales Channels Analysis
9.1 Refrigeration Equipment Value Chain Analysis
9.1.1 Refrigeration Equipment Key Raw Materials
9.1.2 Raw Materials Key Suppliers
9.1.3 Manufacturing Cost Structure
9.1.4 Refrigeration Equipment Production Mode & Process
9.2 Refrigeration Equipment Sales Channels Analysis
9.2.1 Direct Comparison with Distribution Share
9.2.2 Refrigeration Equipment Distributors
9.2.3 Refrigeration Equipment Customers
10 Concluding Insights
11 Appendix
11.1 Reasons for Doing This Study
11.2 Research Methodology
11.3 Research Process
11.4 Authors List of This Report
11.5 Data Source
11.5.1 Secondary Sources
11.5.2 Primary Sources
11.6 Disclaimer

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