The global refrigeration equipment market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for refrigerated transport equipment and food service equipment in emerging economies such as India and China. The demand for refrigerators and freezers is also expected to increase due to the growing population in developing countries such as India, China, Brazil, Mexico, Indonesia, Nigeria and Pakistan.
- Increasing demand for food and beverages.
- Increasing population.
- Increasing disposable income of consumers.
- Increase in the number of restaurants and hotels.
- Increase in the number of supermarkets.
Industry Growth Insights published a new data on “Refrigeration Equipment Market”. The research report is titled “Refrigeration Equipment Market research by Types (Transport Refrigeration Equipment, Refrigerators and Freezers, Beverage Refrigerators, Others), By Applications (Food Service, Food and Beverage Retail, Food and Beverage Distribution, Food and Beverage Production, Others), By Players/Companies 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”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Refrigeration Equipment Market Research Report
By Type
Transport Refrigeration Equipment, Refrigerators and Freezers, Beverage Refrigerators, Others
By Application
Food Service, Food and Beverage Retail, Food and Beverage Distribution, Food and Beverage Production, Others
By Companies
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
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Refrigeration Equipment Market Report Segments:
The global Refrigeration Equipment market is segmented on the basis of:
Types
Transport Refrigeration Equipment, Refrigerators and Freezers, Beverage Refrigerators, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food Service, Food and Beverage Retail, Food and Beverage Distribution, Food and Beverage Production, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 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
Highlights of The Refrigeration Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Transport Refrigeration Equipment
- Refrigerators and Freezers
- Beverage Refrigerators
- Others
- By Application:
- Food Service
- Food and Beverage Retail
- Food and Beverage Distribution
- Food and Beverage Production
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Refrigeration Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Refrigeration equipment is a machine that helps to keep food cold.
Some of the key players operating in the refrigeration equipment market are 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.
The refrigeration equipment market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Refrigeration Equipment Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Refrigeration Equipment Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Refrigeration Equipment Market - Supply Chain
4.5. Global Refrigeration Equipment Market Forecast
4.5.1. Refrigeration Equipment Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Refrigeration Equipment Market Size (000 Units) and Y-o-Y Growth
4.5.3. Refrigeration Equipment Market Absolute $ Opportunity
5. Global Refrigeration Equipment Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Refrigeration Equipment Market Size and Volume Forecast by Type
5.3.1. Transport Refrigeration Equipment
5.3.2. Refrigerators and Freezers
5.3.3. Beverage Refrigerators
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Refrigeration Equipment Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Refrigeration Equipment Market Size and Volume Forecast by Application
6.3.1. Food Service
6.3.2. Food and Beverage Retail
6.3.3. Food and Beverage Distribution
6.3.4. Food and Beverage Production
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Refrigeration Equipment Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Refrigeration Equipment Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Refrigeration Equipment Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Refrigeration Equipment Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Refrigeration Equipment Demand Share Forecast, 2019-2026
9. North America Refrigeration Equipment Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Refrigeration Equipment Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Refrigeration Equipment Market Size and Volume Forecast by Application
9.4.1. Food Service
9.4.2. Food and Beverage Retail
9.4.3. Food and Beverage Distribution
9.4.4. Food and Beverage Production
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Refrigeration Equipment Market Size and Volume Forecast by Type
9.7.1. Transport Refrigeration Equipment
9.7.2. Refrigerators and Freezers
9.7.3. Beverage Refrigerators
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Refrigeration Equipment Demand Share Forecast, 2019-2026
10. Latin America Refrigeration Equipment Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Refrigeration Equipment Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Refrigeration Equipment Market Size and Volume Forecast by Application
10.4.1. Food Service
10.4.2. Food and Beverage Retail
10.4.3. Food and Beverage Distribution
10.4.4. Food and Beverage Production
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Refrigeration Equipment Market Size and Volume Forecast by Type
10.7.1. Transport Refrigeration Equipment
10.7.2. Refrigerators and Freezers
10.7.3. Beverage Refrigerators
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Refrigeration Equipment Demand Share Forecast, 2019-2026
11. Europe Refrigeration Equipment Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Refrigeration Equipment Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Refrigeration Equipment Market Size and Volume Forecast by Application
11.4.1. Food Service
11.4.2. Food and Beverage Retail
11.4.3. Food and Beverage Distribution
11.4.4. Food and Beverage Production
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Refrigeration Equipment Market Size and Volume Forecast by Type
11.7.1. Transport Refrigeration Equipment
11.7.2. Refrigerators and Freezers
11.7.3. Beverage Refrigerators
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Refrigeration Equipment Demand Share, 2019-2026
12. Asia Pacific Refrigeration Equipment Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Refrigeration Equipment Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Refrigeration Equipment Market Size and Volume Forecast by Application
12.4.1. Food Service
12.4.2. Food and Beverage Retail
12.4.3. Food and Beverage Distribution
12.4.4. Food and Beverage Production
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Refrigeration Equipment Market Size and Volume Forecast by Type
12.7.1. Transport Refrigeration Equipment
12.7.2. Refrigerators and Freezers
12.7.3. Beverage Refrigerators
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Refrigeration Equipment Demand Share, 2019-2026
13. Middle East & Africa Refrigeration Equipment Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Refrigeration Equipment Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Refrigeration Equipment Market Size and Volume Forecast by Application
13.4.1. Food Service
13.4.2. Food and Beverage Retail
13.4.3. Food and Beverage Distribution
13.4.4. Food and Beverage Production
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Refrigeration Equipment Market Size and Volume Forecast by Type
13.7.1. Transport Refrigeration Equipment
13.7.2. Refrigerators and Freezers
13.7.3. Beverage Refrigerators
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Refrigeration Equipment Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Refrigeration Equipment Market: Market Share Analysis
14.2. Refrigeration Equipment Distributors and Customers
14.3. Refrigeration Equipment Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Ingersoll Rand
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Daikin Industries
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Dover Corporation
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Carrier
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hussmann (Panasonic)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Lennox (Heatcraft)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Haier
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Illinois Tool Works
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Whirpool
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. GEA
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Blue Star
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. AHT Cooling Systems
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Alfa Laval
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Guntner GmbH
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Metalfrio Solutions
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Beverage-Air Corporation
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Yantai Moon
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Fujimak
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Xingxing Group
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Shanghai Reindustry
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook