Global Refrigeration Equipment Market Growth 2023-2029

Global Refrigeration Equipment Market Growth 2023-2029

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.
LPI (LP Information)' newest research report, the “Refrigeration Equipment Industry Forecast” looks at past sales and reviews total world Refrigeration Equipment sales in 2022, providing a comprehensive analysis by region and market sector of projected Refrigeration Equipment sales for 2023 through 2029. With Refrigeration Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Refrigeration Equipment industry.
This Insight Report provides a comprehensive analysis of the global Refrigeration Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Refrigeration Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Refrigeration Equipment market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Refrigeration Equipment and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Refrigeration Equipment.
The global Refrigeration Equipment market size is projected to grow from US$ 26380 million in 2022 to US$ 36310 million in 2029; it is expected to grow at a CAGR of 36310 from 2023 to 2029.
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.
This report presents a comprehensive overview, market shares, and growth opportunities of Refrigeration Equipment market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Transport Refrigeration Equipment
Refrigerators and Freezers
Beverage Refrigerators
Others
Segmentation by application
Food Service
Food and Beverage Retail
Food and Beverage Distribution
Food and Beverage Production
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Refrigeration Equipment market?
What factors are driving Refrigeration Equipment market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Refrigeration Equipment market opportunities vary by end market size?
How does Refrigeration Equipment break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.