Global Modular Refrigeration Unit Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Modular Refrigeration Unit market size was valued at US$ 7079 million in 2024 and is forecast to a readjusted size of USD 10170 million by 2031 with a CAGR of 5.4% during review period.

A modular refrigeration unit is a self-contained, stand-alone refrigeration system that is built in separate modules or components. Each module typically contains its own refrigeration components, such as compressors, condensers, evaporators, fans, and controls. These modules can be combined or stacked together to create a refrigeration system that meets the specific needs of a particular application.

The global modular refrigeration unit market has witnessed substantial growth in recent years and is expected to continue its upward trajectory. The market is driven by various factors, including the increasing demand for cold storage in the food and beverage industry, advancements in technology, and the growing need for energy-efficient solutions.

Here are some key insights into the global modular refrigeration unit market:

Market Size and Growth: The market size is projected to expand significantly over the forecast period. Factors such as urbanization, changing consumer lifestyles, and the need for enhanced food safety and quality are driving the demand for efficient cold storage solutions.

End-User Industries: The food and beverage industry remains the dominant end-user segment for modular refrigeration units. Within this sector, restaurants, hotels, and supermarkets are key users. The pharmaceutical and healthcare industry is also a substantial consumer due to the strict temperature control requirements for storing drugs and vaccines.

Energy Efficiency and Sustainability: Energy efficiency has become a vital factor in the market, with regulatory bodies implementing stringent energy conservation regulations. Modular refrigeration units are designed to optimize energy consumption and reduce environmental impact, contributing to sustainability initiatives.

Technological Advancements: The market is experiencing rapid technological advancements, such as the integration of IoT (Internet of Things) and smart technologies. These innovations enable remote monitoring, temperature control, and predictive maintenance, enhancing operational efficiency and reducing downtime.

Regional Analysis: North America and Europe have traditionally held significant market shares due to their well-established industries and stringent regulations. However, the Asia Pacific region is witnessing substantial growth due to rapid urbanization, expanding food retail sectors, and an increasing focus on modernizing cold storage infrastructure.

Competitive Landscape: The market is highly competitive, with both established players and new entrants vying for market share. Key market participants include manufacturers, suppliers, and distributors. Companies are focusing on product innovation, partnerships, and expansion strategies to strengthen their position in the market.

This report is a detailed and comprehensive analysis for global Modular Refrigeration Unit 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 Modular Refrigeration Unit market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

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

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

Global Modular Refrigeration Unit market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/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 Modular Refrigeration Unit

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 Modular Refrigeration Unit 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 Carrier Corporation, Thermo King, Daikin Industries, Emerson Electric Co., Johnson Controls International, Mitsubishi Electric Corporation, Lennox International Inc., Trane Technologies, Hussmann Corporation, Dover Corporation, etc.

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

Market Segmentation

Modular Refrigeration Unit 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
Modular Refrigerator
Modular Wine Coolers
Modular Freezers
Others

Market segment by Application
Residential
Commercial
Industrial
Others

Major players covered
Carrier Corporation
Thermo King
Daikin Industries
Emerson Electric Co.
Johnson Controls International
Mitsubishi Electric Corporation
Lennox International Inc.
Trane Technologies
Hussmann Corporation
Dover Corporation
Bitzer Kühlmaschinenbau GmbH
Frigidaire Commercial
Liebherr Group
AHT Cooling Systems GmbH
Blue Star Limited

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 Modular Refrigeration Unit product scope, market overview, market estimation caveats and base year.

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

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

Chapter 4, the Modular Refrigeration Unit 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 Modular Refrigeration Unit 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 Modular Refrigeration Unit.

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