The global "Commercial Refrigeration Equipment Market" size is estimated to be $41.2 billion in 2023, and MAResearch analysts predict it will reach $65 billion by 2032, growing at a CAGR of 5.2% during the forecast period from 2024 to 2032.
Commercial Refrigeration Equipment refers to a range of cooling and freezing systems designed for use in commercial settings, such as restaurants, supermarkets, hotels, and food processing industries. These systems are used to store and preserve perishable goods, such as food and beverages, by maintaining low temperatures to prevent spoilage and extend shelf life.
The equipment includes refrigerators, freezers, walk-in coolers, display cases, refrigerated storage units, and ice machines. Commercial refrigeration systems are typically larger and more durable than residential ones, offering higher storage capacities and more robust cooling mechanisms. They are designed to operate efficiently under heavy usage and in environments where temperature control and energy efficiency are critical.
This report studies the Commercial Refrigeration Equipment market, covering market size for segment by type (Display Cabinets, Refrigerators & Freezers, etc.), by application (Restaurants, Hypermarket & Supermarket, etc.), by sales channel (Direct Channel, Distribution Channel), by player (Carrier Commercial Refrigeration, Haier (GE Appliances), Hoshizaki International, Panasonic, Dover Corporation, etc.) and by region (North America, Europe, Asia-Pacific, South America and Middle East & Africa).
This report provides detailed historical analysis of global market for Commercial Refrigeration Equipment from 2018-2023, and provides extensive market forecasts from 2024-2032 by region/country and subsectors. It covers the sales/revenue/value, gross margin, historical growth and future perspectives in the Commercial Refrigeration Equipment market.
Leading Players of Commercial Refrigeration Equipment including:
- Carrier Commercial Refrigeration
- Haier (GE Appliances)
- Hoshizaki International
- Panasonic
- Dover Corporation
- Epta SpA
- AHT Cooling Systems
- Ali Group
- Frigoglass
- Aucma
- Ugur Cooling
- Metalfrio Solutions
- Illinois Tool Works Inc
- Liebherr
- Arneg
- Fukushima Industries
- Hitachi
- LG Electronics
- Midea Group
- Daikin Industries
- Electrolux
- Hussmann
- Ingersoll-Rand
- Johnson Controls
- Lennox
- Whirlpool
- Samsung Electronics
- SMEG
By Type
- Refrigerators and Freezers
- Display Cases
- Ice-Making Machines
- Transportation Refrigeration Units
- Beverage Refrigeration
- Parts and Accessories
- Others (e.g., Blast Chillers, Vending Machines)
By Application
- Food and Beverage Retail
- Food and Beverage Production
- Food Service Industry
- Pharmaceuticals
- Others (e.g., Hospitality, Medical & Research Laboratories)
By Refrigerant Type
- Fluorocarbons
- Hydrocarbons
- Inorganics (e.g., Ammonia, Carbon Dioxide)
- Natural Refrigerants
By End-User
- Retail
- Food Processing
- Food Service
- Hospitality
- Healthcare
- Transportation and Logistics
By Sales Channel:
- Direct Channel
- Distribution Channel
By Region/Country:
- North America (United States and Canada)
- Europe (Germany, UK, France, Italy, Spain, and Russia, etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia, etc.)
- South America (Brazil, Mexico, and Argentina, etc.)
- Middle East & Africa (Turkey, UAE, Saudi Arabia, and South Africa, etc.)
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TABLE OF CONTENTS
Table of Contents
Chapter 1 Commercial Refrigeration Equipment Market Overview
1.1 Commercial Refrigeration Equipment Definition
1.2 Global Commercial Refrigeration Equipment Market Size Status and Outlook (2018-2032)
1.3 Global Commercial Refrigeration Equipment Market Size Comparison by Region (2018-2032)
1.4 Global Commercial Refrigeration Equipment Market Size Comparison by Type (2018-2032)
1.5 Global Commercial Refrigeration Equipment Market Size Comparison by Application (2018-2032)
1.6 Global Commercial Refrigeration Equipment Market Size Comparison by Sales Channel (2018-2032)
1.7 Commercial Refrigeration Equipment Market Dynamics
1.7.1 Market Drivers/Opportunities
1.7.2 Market Challenges/Risks
1.7.3 Market News (Merger/Acquisition/Expansion)
1.7.4 Key Trends in Commercial Refrigeration Equipment Market
Chapter 2 Commercial Refrigeration Equipment Market Competition by Player
2.1 Global Commercial Refrigeration Equipment Sales and Market Share by Player (2021-2023)
2.2 Global Commercial Refrigeration Equipment Revenue and Market Share by Player (2021-2023)
2.3 Global Commercial Refrigeration Equipment Average Price by Player (2021-2023)
2.4 Players Competition Situation & Trends
2.5 Conclusion of Segment by Player
Chapter 3 Commercial Refrigeration Equipment Market Segment by Type
3.1 Global Commercial Refrigeration Equipment Market by Type
3.1.1 Display Cabinets
3.1.2 Refrigerators & Freezers
3.1.3 Ice Machines
3.1.4 Others
3.2 Global Commercial Refrigeration Equipment Sales and Market Share by Type (2018-2023)
3.3 Global Commercial Refrigeration Equipment Revenue and Market Share by Type (2018-2023)
3.4 Global Commercial Refrigeration Equipment Average Price by Type (2018-2023)
3.5 Conclusion of Segment by Type
Chapter 4 Commercial Refrigeration Equipment Market Segment by Application
4.1 Global Commercial Refrigeration Equipment Market by Application
4.1.1 Restaurants
4.1.2 Hypermarket & Supermarket
4.1.3 Convenience Stores
4.1.4 Others
4.2 Global Commercial Refrigeration Equipment Revenue and Market Share by Application (2018-2023)
4.3 Conclusion of Segment by Application
Chapter 5 Commercial Refrigeration Equipment Market Segment by Sales Channel
5.1 Global Commercial Refrigeration Equipment Market by Sales Channel
5.1.1 Direct Channel
5.1.2 Distribution Channel
5.2 Global Commercial Refrigeration Equipment Revenue and Market Share by Sales Channel (2018-2023)
5.3 Conclusion of Segment by Sales Channel
Chapter 6 Commercial Refrigeration Equipment Market Segment by Region & Country
6.1 Global Commercial Refrigeration Equipment Market Size and CAGR by Region (2018-2032)
6.2 Global Commercial Refrigeration Equipment Sales and Market Share by Region (2018-2023)
6.3 Global Commercial Refrigeration Equipment Revenue and Market Share by Region (2018-2023)
6.4 North America
6.4.1 North America Market by Country
6.4.2 North America Commercial Refrigeration Equipment Market Share by Type
6.4.3 North America Commercial Refrigeration Equipment Market Share by Application
6.4.4 United States
6.4.5 Canada
6.5 Europe
6.5.1 Europe Market by Country
6.5.2 Europe Commercial Refrigeration Equipment Market Share by Type
6.5.3 Europe Commercial Refrigeration Equipment Market Share by Application
6.5.4 Germany
6.5.5 UK
6.5.6 France
6.5.7 Italy
6.5.8 Spain
6.5.9 Russia
6.6 Asia-Pacific
6.6.1 Asia-Pacific Market by Country
6.6.2 Asia-Pacific Commercial Refrigeration Equipment Market Share by Type
6.6.3 Asia-Pacific Commercial Refrigeration Equipment Market Share by Application
6.6.4 China
6.6.5 Japan
6.6.6 Korea
6.6.7 India
6.6.8 Southeast Asia
6.6.9 Australia
6.7 South America
6.7.1 South America Market by Country
6.7.2 South America Commercial Refrigeration Equipment Market Share by Type
6.7.3 South America Commercial Refrigeration Equipment Market Share by Application
6.7.4 Brazil
6.7.5 Mexico
6.7.6 Argentina
6.7.7 Colombia
6.8 Middle East & Africa
6.8.1 Middle East & Africa Market by Country
6.8.2 Middle East & Africa Commercial Refrigeration Equipment Market Share by Type
6.8.3 Middle East & Africa Commercial Refrigeration Equipment Market Share by Application
6.8.4 Turkey
6.8.5 UAE
6.8.6 Saudi Arabia
6.8.7 South Africa
6.9 Conclusion of Segment by Region
Chapter 7 Profile of Leading Commercial Refrigeration Equipment Players
7.1 Carrier Commercial Refrigeration
7.1.1 Company Snapshot
7.1.2 Product/Service Offered
7.1.3 Business Performance (Sales, Price, Revenue, Gross Margin and Market Share)
7.2 Haier (GE Appliances)
7.3 Hoshizaki International
7.4 Panasonic
7.5 Dover Corporation
7.6 Epta SpA
7.7 AHT Cooling Systems
7.8 Ali Group
7.9 Frigoglass
7.10 Aucma
7.11 Ugur Cooling
7.12 Metalfrio Solutions
7.13 Illinois Tool Works Inc
7.14 Liebherr
7.15 Arneg
7.16 Fukushima Industries
7.17 Hitachi
7.18 LG Electronics
7.19 Midea Group
7.20 Daikin Industries
7.21 Electrolux
7.22 Hussmann
7.23 Ingersoll-Rand
7.24 Johnson Controls
7.25 Lennox
7.26 Whirlpool
7.27 Samsung Electronics
7.28 SMEG
Chapter 8 Upstream and Downstream Analysis of Commercial Refrigeration Equipment
8.1 Industrial Chain of Commercial Refrigeration Equipment
8.2 Upstream of Commercial Refrigeration Equipment
8.3 Downstream of Commercial Refrigeration Equipment
Chapter 9 Development Trend of Commercial Refrigeration Equipment (2024-2032)
9.1 Global Commercial Refrigeration Equipment Market Size (Sales and Revenue) Forecast (2024-2032)
9.2 Global Commercial Refrigeration Equipment Market Size and CAGR Forecast by Region (2024-2032)
9.3 Global Commercial Refrigeration Equipment Market Size and CAGR Forecast by Type (2024-2032)
9.4 Global Commercial Refrigeration Equipment Market Size and CAGR Forecast by Application (2024-2032)
9.5 Global Commercial Refrigeration Equipment Market Size and CAGR Forecast by Sales Channel (2024-2032)
Chapter 10 Appendix
10.1 Research Methodology
10.2 Data Sources
10.3 Disclaimer
10.4 Analysts Certification
LIST OF TABLES & FIGURES
List of Tables and Figures
Figure Commercial Refrigeration Equipment Example
Figure Global Commercial Refrigeration Equipment Revenue (Million $) Status and Outlook (2018-2032)
Figure Global Commercial Refrigeration Equipment Revenue (Million $) Comparison by Region (2018-2032)
Figure Global Commercial Refrigeration Equipment Revenue (Million $) Comparison by Type (2018-2032)
Figure Global Commercial Refrigeration Equipment Revenue (Million $) Comparison by Application (2018-2032)
Figure Global Commercial Refrigeration Equipment Revenue (Million $) Comparison by Sales Channel (2018-2032)
Table Global Commercial Refrigeration Equipment Sales by Player (2021-2023)
Table Global Commercial Refrigeration Equipment Sales Market Share by Player (2021-2023)
Figure Global Commercial Refrigeration Equipment Sales Market Share by Player in 2023
Table Global Commercial Refrigeration Equipment Revenue (Million $) by Player (2021-2023)
Table Global Commercial Refrigeration Equipment Revenue Market Share by Player (2021-2023)
Figure Global Commercial Refrigeration Equipment Revenue Market Share by Player in 2023
Table Global Commercial Refrigeration Equipment Average Price by Player (2021-2023)
Figure Global Commercial Refrigeration Equipment Average Price by Player in 2023
Figure Global Commercial Refrigeration Equipment Players Competition Situation ? Top 5 Players? Revenue Market Share in 2021
Figure Global Commercial Refrigeration Equipment Players Competition Trends ? Top 5 Players? Revenue Market Share in 2023
Figure Example of Display Cabinets
Figure Global Display Cabinets Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Refrigerators & Freezers
Figure Global Refrigerators & Freezers Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Ice Machines
Figure Global Ice Machines Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Others
Figure Global Others Revenue (Million $) and Growth Rate (2018-2023)
Table Global Commercial Refrigeration Equipment Sales by Type (2018-2023)
Table Global Commercial Refrigeration Equipment Sales Market Share by Type (2018-2023)
Figure Global Commercial Refrigeration Equipment Sales Market Share by Type in 2023
Table Global Commercial Refrigeration Equipment Revenue (Million $) by Type (2018-2023)
Table Global Commercial Refrigeration Equipment Revenue Market Share by Type (2018-2023)
Figure Global Commercial Refrigeration Equipment Revenue Market Share by Type in 2023
Table Global Commercial Refrigeration Equipment Average Price by Type (2018-2023)
Figure Global Commercial Refrigeration Equipment Average Price by Type in 2023
Table Leading Players of Commercial Refrigeration Equipment by Type in 2023
Figure Example of Restaurants
Figure Global Commercial Refrigeration Equipment for Restaurants Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Hypermarket & Supermarket
Figure Global Commercial Refrigeration Equipment for Hypermarket & Supermarket Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Convenience Stores
Figure Global Commercial Refrigeration Equipment for Convenience Stores Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Others
Figure Global Commercial Refrigeration Equipment for Others Revenue (Million $) and Growth Rate (2018-2023)
Table Global Commercial Refrigeration Equipment Sales by Application (2018-2023)
Table Global Commercial Refrigeration Equipment Sales Market Share by Application (2018-2023)
Figure Global Commercial Refrigeration Equipment Sales Market Share by Application in 2023
Table Leading Consumers of Commercial Refrigeration Equipment by Application in 2023
Figure Example of Direct Channel
Figure Global Commercial Refrigeration Equipment for Direct Channel Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Distribution Channel
Figure Global Commercial Refrigeration Equipment for Distribution Channel Revenue (Million $) and Growth Rate (2018-2023)
Table Global Commercial Refrigeration Equipment Revenue by Sales Channel (2018-2023)
Table Global Commercial Refrigeration Equipment Revenue Market Share by Sales Channel (2018-2023)
Figure Global Commercial Refrigeration Equipment Revenue Market Share by Sales Channel in 2023
Table Leading Distributors/Dealers of Commercial Refrigeration Equipment by Sales Channel in 2023
Table Global Commercial Refrigeration Equipment Market Size and CAGR by Region (2018-2032)
Table Global Commercial Refrigeration Equipment Sales by Region (2018-2023)
Table Global Commercial Refrigeration Equipment Sales Market Share by Region (2018-2023)
Figure Global Commercial Refrigeration Equipment Sales Market Share by Region in 2023
Table Global Commercial Refrigeration Equipment Revenue (Million $) by Region (2018-2023)
Table Global Commercial Refrigeration Equipment Revenue Market Share by Region (2018-2023)
Figure Global Commercial Refrigeration Equipment Revenue Market Share by Region in 2023
Table North America Commercial Refrigeration Equipment Sales by Country (2018-2023)
Figure North America Commercial Refrigeration Equipment Sales Market Share by Country (2018-2023)
Table North America Commercial Refrigeration Equipment Revenue by Country (2018-2023)
Figure North America Commercial Refrigeration Equipment Revenue Market Share by Country (2018-2023)
Figure North America Commercial Refrigeration Equipment Market Share by Type in 2023
Figure North America Commercial Refrigeration Equipment Market Share by Application in 2023
Figure United States Commercial Refrigeration Equipment Sales and Growth Rate (2018-2023)
Figure United States Commercial Refrigeration Equipment Revenue (Million $) and Growth Rate (2018-2023)
Figure Canada Commercial Refrigeration Equipment Sales and Growth Rate (2018-2023)
Figure Canada Commercial Refrigeration Equipment Revenue (Million $) and Growth Rate (2018-2023)
Table Europe Commercial Refrigeration Equipment Sales by Country (2018-2023)
Figure Europe Commercial Refrigeration Equipment Sales Market Share by Country (2018-2023)
Table Europe Commercial Refrigeration Equipment Revenue by Country (2018-2023)
Figure Europe Commercial Refrigeration Equipment Revenue Market Share by Country (2018-2023)
Figure Europe Commercial Refrigeration Equipment Market Share by Type in 2023
Figure Europe Commercial Refrigeration Equipment Market Share by Application in 2023
Figure Germany Commercial Refrigeration Equipment Sales and Growth Rate (2018-2023)
Figure Germany Commercial Refrigeration Equipment Revenue (Million $) and Growth Rate (2018-2023)
Figure UK Commercial Refrigeration Equipment Sales and Growth Rate (2018-2023)
Figure UK Commercial Refrigeration Equipment Revenue (Million $) and Growth Rate (2018-2023)
Figure France Commercial Refrigeration Equipment Sales and Growth Rate (2018-2023)
Figure France Commercial Refrigeration Equipment Revenue (Million $) and Growth Rate (2018-2023)
Figure Italy Commercial Refrigeration Equipment Sales and Growth Rate (2018-2023)
Figure Italy Commercial Refrigeration Equipment Revenue (Million $) and Growth Rate (2018-2023)
Figure Spain Commercial Refrigeration Equipment Sales and Growth Rate (2018-2023)
Figure Spain Commercial Refrigeration Equipment Revenue (Million $) and Growth Rate (2018-2023)
Figure Russia Commercial Refrigeration Equipment Sales and Growth Rate (2018-2023)
Figure Russia Commercial Refrigeration Equipment Revenue (Million $) and Growth Rate (2018-2023)
Table Asia-Pacific Commercial Refrigeration Equipment Sales by Country (2018-2023)
Figure Asia-Pacific Commercial Refrigeration Equipment Sales Market Share by Country (2018-2023)
Table Asia-Pacific Commercial Refrigeration Equipment Revenue by Country (2018-2023)
Figure Asia-Pacific Commercial Refrigeration Equipment Revenue Market Share by Country (2018-2023)
Figure Asia-Pacific Commercial Refrigeration Equipment Market Share by Type in 2023
Figure Asia-Pacific Commercial Refrigeration Equipment Market Share by Application in 2023
Figure China Commercial Refrigeration Equipment Sales and Growth Rate (2018-2023)
Figure China Commercial Refrigeration Equipment Revenue (Million $) and Growth Rate (2018-2023)
Figure Japan Commercial Refrigeration Equipment Sales and Growth Rate (2018-2023)
Figure Japan Commercial Refrigeration Equipment Revenue (Million $) and Growth Rate (2018-2023)
Figure Korea Commercial Refrigeration Equipment Sales and Growth Rate (2018-2023)
Figure Korea Commercial Refrigeration Equipment Revenue (Million $) and Growth Rate (2018-2023)
Figure India Commercial Refrigeration Equipment Sales and Growth Rate (2018-2023)
Figure India Commercial Refrigeration Equipment Revenue (Million $) and Growth Rate (2018-2023)
Figure Southeast Asia Commercial Refrigeration Equipment Sales and Growth Rate (2018-2023)
Figure Southeast Asia Commercial Refrigeration Equipment Revenue (Million $) and Growth Rate (2018-2023)
Figure Australia Commercial Refrigeration Equipment Sales and Growth Rate (2018-2023)
Figure Australia Commercial Refrigeration Equipment Revenue (Million $) and Growth Rate (2018-2023)
Table South America Commercial Refrigeration Equipment Sales by Country (2018-2023)
Figure South America Commercial Refrigeration Equipment Sales Market Share by Country (2018-2023)
Table South America Commercial Refrigeration Equipment Revenue by Country (2018-2023)
Figure South America Commercial Refrigeration Equipment Revenue Market Share by Country (2018-2023)
Figure South America Commercial Refrigeration Equipment Market Share by Type in 2023
Figure South America Commercial Refrigeration Equipment Market Share by Application in 2023
Figure Brazil Commercial Refrigeration Equipment Sales and Growth Rate (2018-2023)
Figure Brazil Commercial Refrigeration Equipment Revenue (Million $) and Growth Rate (2018-2023)
Figure Mexico Commercial Refrigeration Equipment Sales and Growth Rate (2018-2023)
Figure Mexico Commercial Refrigeration Equipment Revenue (Million $) and Growth Rate (2018-2023)
Figure Argentina Commercial Refrigeration Equipment Sales and Growth Rate (2018-2023)
Figure Argentina Commercial Refrigeration Equipment Revenue (Million $) and Growth Rate (2018-2023)
Figure Colombia Commercial Refrigeration Equipment Sales and Growth Rate (2018-2023)
Figure Colombia Commercial Refrigeration Equipment Revenue (Million $) and Growth Rate (2018-2023)
Table Middle East & Africa Commercial Refrigeration Equipment Sales by Country (2018-2023)
Figure Middle East & Africa Commercial Refrigeration Equipment Sales Market Share by Country (2018-2023)
Table Middle East & Africa Commercial Refrigeration Equipment Revenue by Country (2018-2023)
Figure Middle East & Africa Commercial Refrigeration Equipment Revenue Market Share by Country (2018-2023)
Figure Middle East & Africa Commercial Refrigeration Equipment Market Share by Type in 2023
Figure Middle East & Africa Commercial Refrigeration Equipment Market Share by Application in 2023
Figure Turkey Commercial Refrigeration Equipment Sales and Growth Rate (2018-2023)
Figure Turkey Commercial Refrigeration Equipment Revenue (Million $) and Growth Rate (2018-2023)
Figure UAE Commercial Refrigeration Equipment Sales and Growth Rate (2018-2023)
Figure UAE Commercial Refrigeration Equipment Revenue (Million $) and Growth Rate (2018-2023)
Figure Saudi Arabia Commercial Refrigeration Equipment Sales and Growth Rate (2018-2023)
Figure Saudi Arabia Commercial Refrigeration Equipment Revenue (Million $) and Growth Rate (2018-2023)
Figure South Africa Commercial Refrigeration Equipment Sales and Growth Rate (2018-2023)
Figure South Africa Commercial Refrigeration Equipment Revenue (Million $) and Growth Rate (2018-2023)
Table Company Snapshot of Carrier Commercial Refrigeration
Table Commercial Refrigeration Equipment Introduction of Carrier Commercial Refrigeration
Table Commercial Refrigeration Equipment Sales, Price, Revenue, Gross Margin and Market Share of Carrier Commercial Refrigeration (2021-2023)
Table Industrial Chain of Commercial Refrigeration Equipment
Table Leading Consumers of Commercial Refrigeration Equipment
Figure Global Commercial Refrigeration Equipment Sales and Growth Rate Forecast (2024-2032)
Figure Global Commercial Refrigeration Equipment Revenue and Growth Rate Forecast (2024-2032)
Table Global Commercial Refrigeration Equipment Market Size and CAGR Forecast by Region (2024-2032)
Table Global Commercial Refrigeration Equipment Market Size and CAGR Forecast by Type (2024-2032)
Table Global Commercial Refrigeration Equipment Market Size and CAGR Forecast by Application (2024-2032)
Table Global Commercial Refrigeration Equipment Market Size and CAGR Forecast by Sales Channel (2024-2032)
