Report overview
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.
This report aims to provide a comprehensive presentation of the global market for Refrigeration Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Refrigeration Equipment. This report contains market size and forecasts of Refrigeration Equipment in global, including the following market information:
Global Refrigeration Equipment Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Refrigeration Equipment Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Refrigeration Equipment companies in 2022 (%)
The global Refrigeration Equipment market was valued at US$ 27750 million in 2022 and is projected to reach US$ 37280 million by 2029, at a CAGR of 4.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
We surveyed the Refrigeration Equipment manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Refrigeration Equipment Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Refrigeration Equipment Market Segment Percentages, by Type, 2022 (%)
Transport Refrigeration Equipment
Refrigerators and Freezers
Beverage Refrigerators
Others
Global Refrigeration Equipment Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Refrigeration Equipment Market Segment Percentages, by Application, 2022 (%)
Food Service
Food and Beverage Retail
Food and Beverage Distribution
Food and Beverage Production
Others
Global Refrigeration Equipment Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Refrigeration Equipment Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Refrigeration Equipment revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Refrigeration Equipment revenues share in global market, 2022 (%)
Key companies Refrigeration Equipment sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Refrigeration Equipment sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
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
Outline of Major Chapters:
Chapter 1: Introduces the definition of Refrigeration Equipment, market overview.
Chapter 2: Global Refrigeration Equipment market size in revenue and volume.
Chapter 3: Detailed analysis of Refrigeration Equipment manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Refrigeration Equipment in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Refrigeration Equipment capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
