Global Industrial Refrigeration Equipments Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Industrial Refrigeration Equipments market size was valued at US$ 25210 million in 2024 and is forecast to a readjusted size of USD 36920 million by 2031 with a CAGR of 5.7% during review period.

Industrial refrigeration equipment refers to machines and systems used for industrial refrigeration application, which generally include refrigeration compressor, evaporator unit, industrial rack, heat exchanger and etc.

Global Industrial Refrigeration Equipments key players include Ingersoll Rand, Johnson Controls, Daikin, United Technologies, Danfoss, etc. Global top five manufacturers hold a share over 40%. Europe is the largest market, with a share over 22%, followed by North America and China, both have a share over 40% percent.

In terms of product, Refrigeration Compressor is the largest segment, with a share over 25%. And in terms of application, the largest application is Food & Beverage Production, followed by Logistics Industry and Energy Industry.

This report is a detailed and comprehensive analysis for global Industrial Refrigeration Equipments market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Industrial Refrigeration Equipments market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2020-2031

Global Industrial Refrigeration Equipments market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2020-2031

Global Industrial Refrigeration Equipments market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2020-2031

Global Industrial Refrigeration Equipments market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Industrial Refrigeration Equipments

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Industrial Refrigeration Equipments market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Ingersoll Rand, Johnson Controls, Daikin, United Technologies, Danfoss, GEA, Emerson, Mayekawa, BITZER, Lennox International, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Industrial Refrigeration Equipments market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Refrigeration Compressor
Evaporators Unit
Industrial Rack
Heat Exchanger
Others

Market segment by Application
Food & Beverage Production
Chemicals & Pharmaceuticals
Energy Industry
Logistics Industry
Others

Major players covered
Ingersoll Rand
Johnson Controls
Daikin
United Technologies
Danfoss
GEA
Emerson
Mayekawa
BITZER
Lennox International
Yantai Moon
Evapco
Shanghai Reindustry
LU-VE
Star Refrigeration

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Industrial Refrigeration Equipments product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Industrial Refrigeration Equipments, with price, sales quantity, revenue, and global market share of Industrial Refrigeration Equipments from 2020 to 2025.

Chapter 3, the Industrial Refrigeration Equipments competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Industrial Refrigeration Equipments breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Industrial Refrigeration Equipments market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Industrial Refrigeration Equipments.

Chapter 14 and 15, to describe Industrial Refrigeration Equipments sales channel, distributors, customers, research findings and conclusion.