Commercial Refrigeration Equipment Market, By Product Type (Transportation Refrigeration (Shipping Container, Trailer, and Truck), Refrigerator and Freezer (Walk in, Reach in, and Chest), Beverage Refrigeration (Drinking Fountain, Soda Fountain, Beverage

Commercial Refrigeration Equipment Market, By Product Type (Transportation Refrigeration (Shipping Container, Trailer, and Truck), Refrigerator and Freezer (Walk in, Reach in, and Chest), Beverage Refrigeration (Drinking Fountain, Soda Fountain, Beverage Dispensing, Beer Dispensing), Refrigerated Display Cases (Wine Cases, Other Beverage Cases), Ice Machine, and Refrigerated Vending Machine); By Application (Food & Beverage Production, Food & Beverage Retail, Food & Beverage Distribution, and Food Service), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Commercial refrigeration refers to utilization of cooling units that specifically include convenience stores, hypermarkets, supermarkets, distribution warehouses, production centers, and the service industry. These employ an extensive range of equipment, including vending machines, ice machines, beverage conservation units, trailers, refrigerated display cases, trucks, containers and walk-in/reach-in refrigerators. Growing demand for food & beverages, accompanied with increasing customer inclination towards ready-to-make edible products owing to changing lifestyle are expected to fuel growth of the commercial refrigeration equipment market through the forecast period.
Market Dynamics
Proliferating businesses of frozen food and chilled products and substantial advancements in refrigeration systems are creating a conducive environment for growth of the global commercial refrigeration equipment market. Increasing number of women in the workforce, specifically in the Asia Pacific region, is expected to fuel demand for ready-to-eat food, primarily owing to the lack of the time spent on household activities. However, long product lifecycles and intense competition among manufacturers has led to significant decrease in the overall profit margins of industry participants.
Market Taxonomy
This report segments the global commercial refrigeration equipment market on the basis of product type, application, and region. On the basis of product type, the commercial refrigeration equipment market is segmented into transportation (shipping container, trailer, truck), refrigerator & freezer (walk-in, reach in, chest), beverage refrigeration (drinking fountain, soda fountain, beverage dispensing, beer dispensing), refrigerated display cases (wine cases, other beverage cases), ice machines, and refrigerated wending machines. On the basis of application, the market is segmented into food & beverage production, food & beverage retail, food & beverage distribution, and food service. For comprehensive understanding of market dynamics, the global commercial refrigeration equipment market is analyzed across key geographical regions, namely, North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.
Key features of the study:
This report provides in-depth analysis of the commercial refrigeration equipment market with respect to its product type, applications, market size (US$ Million), and Cumulative Annual Growth Rate (CAGR (%)) for the forecast period (2022 - 2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the global commercial refrigeration equipment market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include United Technologies Corporation, Ingersoll-Rand plc, Johnson Controls Incorporated, Daikin Industries Limited, Dover Corporation, Hussmann Corporation, AHT Cooling Systems GmbH, Ali SpA, Illinois Tool Works Incorporated, Emerson Electric Company, Leer Incorporated, True Manufacturing Company Incorporated, and Whirlpool Corporation
Insights from this report would allow marketers and management authorities of companies to make informed decision with respect to future product launches, end-use industry upgrades, market expansion, and marketing tactics
The global commercial refrigeration equipment market report caters to various stakeholders in this industry, including investors, product manufacturers, distributors and suppliers for commercial refrigeration equipment market, research and consulting firms, new entrants, and financial analysts
Various strategy matrices used in analyzing the commercial refrigeration equipment market would provide stakeholders vital inputs to make strategic decisions accordingly
Detailed Segmentation:
Global Commercial Refrigeration Equipment Market, By Product Type:
Transportation Refrigeration
Shipping Container
Trailer
Truck
Refrigerator and Freezer
Walk In
Reach In
Chest
Beverage Refrigeration
Drinking Fountain
Soda Fountain
Beverage Dispensing
Beer Dispensing
Refrigerated Display Cases
Other Beverage Cases
Wine Cases
Ice Machine
Refrigerated Vending Machine
Global Commercial Refrigeration Equipment Market, By Application:
Food and Beverage Production
Food and Beverage Retail
Food and Beverage Distribution
Food Service
Global Commercial Refrigeration Equipment Market, By Region:
North America
U.S.
U.S. Commercial Refrigeration Equipment Market, By Product Type:
Transportation Refrigeration
Shipping Container
Trailer
Truck
Refrigerator and Freezer
Walk In
Reach In
Chest
Beverage Refrigeration
Drinking Fountain
Soda Fountain
Beverage Dispensing
Beer Dispensing
Refrigerated Display Cases
Other Beverage Cases
Wine Cases
Ice Machine
Refrigerated Vending Machine
U.S. Commercial Refrigeration Equipment Market, By Application:
Food and Beverage Production
Food and Beverage Retail
Food and Beverage Distribution
Food Service
Canada
Canada Commercial Refrigeration Equipment Market, By Product Type:
Transportation Refrigeration
Shipping Container
Trailer
Truck
Refrigerator and Freezer
Walk In
Reach In
Chest
Beverage Refrigeration
Drinking Fountain
Soda Fountain
Beverage Dispensing
Beer Dispensing
Refrigerated Display Cases
Other Beverage Cases
Wine Cases
Ice Machine
Refrigerated Vending Machine
Canada Commercial Refrigeration Equipment Market, By Application:
Food and Beverage Production
Food and Beverage Retail
Food and Beverage Distribution
Food Service
Europe
U.K.
U.K. Commercial Refrigeration Equipment Market, By Product Type:
Transportation Refrigeration
Shipping Container
Trailer
Truck
Refrigerator and Freezer
Walk In
Reach In
Chest
Beverage Refrigeration
Drinking Fountain
Soda Fountain
Beverage Dispensing
Beer Dispensing
Refrigerated Display Cases
Other Beverage Cases
Wine Cases
Ice Machine
Refrigerated Vending Machine
U.K. Commercial Refrigeration Equipment Market, By Application:
Food and Beverage Production
Food and Beverage Retail
Food and Beverage Distribution
Food Service
Germany
Germany Commercial Refrigeration Equipment Market, By Product Type:
Transportation Refrigeration
Shipping Container
Trailer
Truck
Refrigerator and Freezer
Walk In
Reach In
Chest
Beverage Refrigeration
Drinking Fountain
Soda Fountain
Beverage Dispensing
Beer Dispensing
Refrigerated Display Cases
Other Beverage Cases
Wine Cases
Ice Machine
Refrigerated Vending Machine
Germany Commercial Refrigeration Equipment Market, By Application:
Food and Beverage Production
Food and Beverage Retail
Food and Beverage Distribution
Food Service
Italy
Italy Commercial Refrigeration Equipment Market, By Product Type:
Transportation Refrigeration
Shipping Container
Trailer
Truck
Refrigerator and Freezer
Walk In
Reach In
Chest
Beverage Refrigeration
Drinking Fountain
Soda Fountain
Beverage Dispensing
Beer Dispensing
Refrigerated Display Cases
Other Beverage Cases
Wine Cases
Ice Machine
Refrigerated Vending Machine
Italy Commercial Refrigeration Equipment Market, By Application:
Food and Beverage Production
Food and Beverage Retail
Food and Beverage Distribution
Food Service
France
France Commercial Refrigeration Equipment Market, By Product Type:
Transportation Refrigeration
Shipping Container
Trailer
Truck
Refrigerator and Freezer
Walk In
Reach In
Chest
Beverage Refrigeration
Drinking Fountain
Soda Fountain
Beverage Dispensing
Beer Dispensing
Refrigerated Display Cases
Other Beverage Cases
Wine Cases
Ice Machine
Refrigerated Vending Machine
France Commercial Refrigeration Equipment Market, By Application:
Food and Beverage Production
Food and Beverage Retail
Food and Beverage Distribution
Food Service
Spain
Spain Commercial Refrigeration Equipment Market, By Product Type:
Transportation Refrigeration
Shipping Container
Trailer
Truck
Refrigerator and Freezer
Walk In
Reach In
Chest
Beverage Refrigeration
Drinking Fountain
Soda Fountain
Beverage Dispensing
Beer Dispensing
Refrigerated Display Cases
Other Beverage Cases
Wine Cases
Ice Machine
Refrigerated Vending Machine
Spain Commercial Refrigeration Equipment Market, By Application:
Food and Beverage Production
Food and Beverage Retail
Food and Beverage Distribution
Food Service
Russia
Russia Commercial Refrigeration Equipment Market, By Product Type:
Transportation Refrigeration
Shipping Container
Trailer
Truck
Refrigerator and Freezer
Walk In
Reach In
Chest
Beverage Refrigeration
Drinking Fountain
Soda Fountain
Beverage Dispensing
Beer Dispensing
Refrigerated Display Cases
Other Beverage Cases
Wine Cases
Ice Machine
Refrigerated Vending Machine
Russia Commercial Refrigeration Equipment Market, By Application:
Food and Beverage Production
Food and Beverage Retail
Food and Beverage Distribution
Food Service
Rest of Europe
Rest of Europe Commercial Refrigeration Equipment Market, By Product Type:
Transportation Refrigeration
Shipping Container
Trailer
Truck
Refrigerator and Freezer
Walk In
Reach In
Chest
Beverage Refrigeration
Drinking Fountain
Soda Fountain
Beverage Dispensing
Beer Dispensing
Refrigerated Display Cases
Other Beverage Cases
Wine Cases
Ice Machine
Refrigerated Vending Machine
Rest of Europe Commercial Refrigeration Equipment Market, By Application:
Food and Beverage Production
Food and Beverage Retail
Food and Beverage Distribution
Food Service
Asia Pacific
China
China Commercial Refrigeration Equipment Market, By Product Type:
Transportation Refrigeration
Shipping Container
Trailer
Truck
Refrigerator and Freezer
Walk In
Reach In
Chest
Beverage Refrigeration
Drinking Fountain
Soda Fountain
Beverage Dispensing
Beer Dispensing
Refrigerated Display Cases
Other Beverage Cases
Wine Cases
Ice Machine
Refrigerated Vending Machine
China Commercial Refrigeration Equipment Market, By Application:
Food and Beverage Production
Food and Beverage Retail
Food and Beverage Distribution
Food Service
India
India Commercial Refrigeration Equipment Market, By Product Type:
Transportation Refrigeration
Shipping Container
Trailer
Truck
Refrigerator and Freezer
Walk In
Reach In
Chest
Beverage Refrigeration
Drinking Fountain
Soda Fountain
Beverage Dispensing
Beer Dispensing
Refrigerated Display Cases
Other Beverage Cases
Wine Cases
Ice Machine
Refrigerated Vending Machine
India Commercial Refrigeration Equipment Market, By Application:
Food and Beverage Production
Food and Beverage Retail
Food and Beverage Distribution
Food Service
Japan
Japan Commercial Refrigeration Equipment Market, By Product Type:
Transportation Refrigeration
Shipping Container
Trailer
Truck
Refrigerator and Freezer
Walk In
Reach In
Chest
Beverage Refrigeration
Drinking Fountain
Soda Fountain
Beverage Dispensing
Beer Dispensing
Refrigerated Display Cases
Other Beverage Cases
Wine Cases
Ice Machine
Refrigerated Vending Machine
Japan Commercial Refrigeration Equipment Market, By Application:
Food and Beverage Production
Food and Beverage Retail
Food and Beverage Distribution
Food Service
ASEAN
ASEAN Commercial Refrigeration Equipment Market, By Product Type:
Transportation Refrigeration
Shipping Container
Trailer
Truck
Refrigerator and Freezer
Walk In
Reach In
Chest
Beverage Refrigeration
Drinking Fountain
Soda Fountain
Beverage Dispensing
Beer Dispensing
Refrigerated Display Cases
Other Beverage Cases
Wine Cases
Ice Machine
Refrigerated Vending Machine
ASEAN Commercial Refrigeration Equipment Market, By Application:
Food and Beverage Production
Food and Beverage Retail
Food and Beverage Distribution
Food Service
Australia
Australia Commercial Refrigeration Equipment Market, By Product Type:
Transportation Refrigeration
Shipping Container
Trailer
Truck
Refrigerator and Freezer
Walk In
Reach In
Chest
Beverage Refrigeration
Drinking Fountain
Soda Fountain
Beverage Dispensing
Beer Dispensing
Refrigerated Display Cases
Other Beverage Cases
Wine Cases
Ice Machine
Refrigerated Vending Machine
Australia Commercial Refrigeration Equipment Market, By Application:
Food and Beverage Production
Food and Beverage Retail
Food and Beverage Distribution
Food Service
South Korea
South Korea Commercial Refrigeration Equipment Market, By Product Type:
Transportation Refrigeration
Shipping Container
Trailer
Truck
Refrigerator and Freezer
Walk In
Reach In
Chest
Beverage Refrigeration
Drinking Fountain
Soda Fountain
Beverage Dispensing
Beer Dispensing
Refrigerated Display Cases
Other Beverage Cases
Wine Cases
Ice Machine
Refrigerated Vending Machine
South Korea Commercial Refrigeration Equipment Market, By Application:
Food and Beverage Production
Food and Beverage Retail
Food and Beverage Distribution
Food Service
Rest of Asia Pacific
Rest of Asia Pacific Commercial Refrigeration Equipment Market, By Product Type:
Transportation Refrigeration
Shipping Container
Trailer
Truck
Refrigerator and Freezer
Walk In
Reach In
Chest
Beverage Refrigeration
Drinking Fountain
Soda Fountain
Beverage Dispensing
Beer Dispensing
Refrigerated Display Cases
Other Beverage Cases
Wine Cases
Ice Machine
Refrigerated Vending Machine
Rest of Asia Pacific Commercial Refrigeration Equipment Market, By Application:
Food and Beverage Production
Food and Beverage Retail
Food and Beverage Distribution
Food Service
Latin America
Brazil
Brazil Commercial Refrigeration Equipment Market, By Product Type:
Transportation Refrigeration
Shipping Container
Trailer
Truck
Refrigerator and Freezer
Walk In
Reach In
Chest
Beverage Refrigeration
Drinking Fountain
Soda Fountain
Beverage Dispensing
Beer Dispensing
Refrigerated Display Cases
Other Beverage Cases
Wine Cases
Ice Machine
Refrigerated Vending Machine
Brazil Commercial Refrigeration Equipment Market, By Application:
Food and Beverage Production
Food and Beverage Retail
Food and Beverage Distribution
Food Service
Argentina
Argentina Commercial Refrigeration Equipment Market, By Product Type:
Transportation Refrigeration
Shipping Container
Trailer
Truck
Refrigerator and Freezer
Walk In
Reach In
Chest
Beverage Refrigeration
Drinking Fountain
Soda Fountain
Beverage Dispensing
Beer Dispensing
Refrigerated Display Cases
Other Beverage Cases
Wine Cases
Ice Machine
Refrigerated Vending Machine
Argentina Commercial Refrigeration Equipment Market, By Application:
Food and Beverage Production
Food and Beverage Retail
Food and Beverage Distribution
Food Service
Mexico
Mexico Commercial Refrigeration Equipment Market, By Product Type:
Transportation Refrigeration
Shipping Container
Trailer
Truck
Refrigerator and Freezer
Walk In
Reach In
Chest
Beverage Refrigeration
Drinking Fountain
Soda Fountain
Beverage Dispensing
Beer Dispensing
Refrigerated Display Cases
Other Beverage Cases
Wine Cases
Ice Machine
Refrigerated Vending Machine
Mexico Commercial Refrigeration Equipment Market, By Application:
Food and Beverage Production
Food and Beverage Retail
Food and Beverage Distribution
Food Service
Rest of Latin America
Rest of Latin America Commercial Refrigeration Equipment Market, By Product Type:
Transportation Refrigeration
Shipping Container
Trailer
Truck
Refrigerator and Freezer
Walk In
Reach In
Chest
Beverage Refrigeration
Drinking Fountain
Soda Fountain
Beverage Dispensing
Beer Dispensing
Refrigerated Display Cases
Other Beverage Cases
Wine Cases
Ice Machine
Refrigerated Vending Machine
Rest of Latin America Commercial Refrigeration Equipment Market, By Application:
Food and Beverage Production
Food and Beverage Retail
Food and Beverage Distribution
Food Service
Middle East
GCC
GCC Commercial Refrigeration Equipment Market, By Product Type:
Transportation Refrigeration
Shipping Container
Trailer
Truck
Refrigerator and Freezer
Walk In
Reach In
Chest
Beverage Refrigeration
Drinking Fountain
Soda Fountain
Beverage Dispensing
Beer Dispensing
Refrigerated Display Cases
Other Beverage Cases
Wine Cases
Ice Machine
Refrigerated Vending Machine
GCC Commercial Refrigeration Equipment Market, By Application:
Food and Beverage Production
Food and Beverage Retail
Food and Beverage Distribution
Food Service
Israel
Israel Commercial Refrigeration Equipment Market, By Product Type:
Transportation Refrigeration
Shipping Container
Trailer
Truck
Refrigerator and Freezer
Walk In
Reach In
Chest
Beverage Refrigeration
Drinking Fountain
Soda Fountain
Beverage Dispensing
Beer Dispensing
Refrigerated Display Cases
Other Beverage Cases
Wine Cases
Ice Machine
Refrigerated Vending Machine
Israel Commercial Refrigeration Equipment Market, By Application:
Food and Beverage Production
Food and Beverage Retail
Food and Beverage Distribution
Food Service
Rest of Middle East
Rest of Middle East Commercial Refrigeration Equipment Market, By Product Type:
Transportation Refrigeration
Shipping Container
Trailer
Truck
Refrigerator and Freezer
Walk In
Reach In
Chest
Beverage Refrigeration
Drinking Fountain
Soda Fountain
Beverage Dispensing
Beer Dispensing
Refrigerated Display Cases
Other Beverage Cases
Wine Cases
Ice Machine
Refrigerated Vending Machine
Rest of Middle East Commercial Refrigeration Equipment Market, By Application:
Food and Beverage Production
Food and Beverage Retail
Food and Beverage Distribution
Food Service
Africa
North Africa
North Africa Commercial Refrigeration Equipment Market, By Product Type:
Transportation Refrigeration
Shipping Container
Trailer
Truck
Refrigerator and Freezer
Walk In
Reach In
Chest
Beverage Refrigeration
Drinking Fountain
Soda Fountain
Beverage Dispensing
Beer Dispensing
Refrigerated Display Cases
Other Beverage Cases
Wine Cases
Ice Machine
Refrigerated Vending Machine
North Africa Commercial Refrigeration Equipment Market, By Application:
Food and Beverage Production
Food and Beverage Retail
Food and Beverage Distribution
Food Service
Central Africa
Central Africa Commercial Refrigeration Equipment Market, By Product Type:
Transportation Refrigeration
Shipping Container
Trailer
Truck
Refrigerator and Freezer
Walk In
Reach In
Chest
Beverage Refrigeration
Drinking Fountain
Soda Fountain
Beverage Dispensing
Beer Dispensing
Refrigerated Display Cases
Other Beverage Cases
Wine Cases
Ice Machine
Refrigerated Vending Machine
Central Africa Commercial Refrigeration Equipment Market, By Application:
Food and Beverage Production
Food and Beverage Retail
Food and Beverage Distribution
Food Service
South Africa
South Africa Commercial Refrigeration Equipment Market, By Product Type:
Transportation Refrigeration
Shipping Container
Trailer
Truck
Refrigerator and Freezer
Walk In
Reach In
Chest
Beverage Refrigeration
Drinking Fountain
Soda Fountain
Beverage Dispensing
Beer Dispensing
Refrigerated Display Cases
Other Beverage Cases
Wine Cases
Ice Machine
Refrigerated Vending Machine
South Africa Commercial Refrigeration Equipment Market, By Application:
Food and Beverage Production
Food and Beverage Retail
Food and Beverage Distribution
Food Service
Company Profiles
United Technologies Corporation*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Ingersoll-Rand plc
Johnson Controls Incorporated
Daikin Industries Limited
Dover Corporation
Hussmann Corporation
AHT Cooling Systems GmbH
Ali SpA
Illinois Tool Works Incorporated
Emerson Electric Company
Leer Incorporated
True Manufacturing Company Incorporated
Whirlpool Corporation
Section
References
Research Methodology
About Us and Sales Contact
*Browse all the market data tables and figures on Global Commercial Refrigeration Equipment Market - Global forecast to 2027”.