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Industrial Refrigeration Market By Component, By Refrigerant Type, By Application, By Type, By Sales type: Global Opportunity Analysis and Industry Forecast, 2023-2032

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    Report

  • 300 Pages
  • August 2023
  • Region: Global
  • Allied Market Research
  • ID: 5439713
The global industrial refrigeration market was valued at $21.90 billion in 2020 and is projected to reach $41.71 billion by 2032, registering a CAGR of 5.2% from 2023 to 2032. Industrial refrigeration refers to the use of specialized systems and equipment for maintaining a cold temperature in the storage space for preserving temperature-sensitive products and processes in various industries, such as food and beverage, pharmaceuticals, and chemicals, to ensure optimal product quality and safety. Moreover, specialized industrial refrigeration systems known as transport refrigeration systems are also used during the transportation of perishable goods for maintaining a cold temperature inside the container. In addition to this, few dedicated refrigeration systems are also used by industries to cool down their machinery.

The growth in demand for industrial refrigeration systems is mainly driven by the growth in the food and beverages industry. The refrigeration system is essential for preventing the spoilage of various food and beverage products such as dairy, desserts, ice cream, meat, and other frozen and non-frozen food. Moreover, the rise in the trend of upgrading cold storage infrastructures across emerging economies also drives the growth of the industrial refrigeration market.

Furthermore, the rise in the adoption of energy-efficient and eco-friendly refrigerants is another factor driving the industrial refrigeration market. However, high energy consumption for operation and high investment in the maintenance of industrial refrigeration systems hamper the growth of the industrial refrigeration market. In addition, stringent regulations related to the usage of refrigerants are acting as a restraint to the industrial refrigeration market. On the contrary, the introduction of advanced technologies such as innovative IoT-enabled refrigeration monitoring solutions provides growth opportunities for the industrial refrigeration market growth.

Furthermore, due to rising inflation mainly driven by Ukraine-Russia war, the price of oil & gas, as well as the price of raw materials are experiencing increased volatility across the world. This has led to slow-paced growth of the industrial refrigeration market.

The industrial refrigeration market is segmented on the basis of components, refrigerant type, application, type, sales type, and region. Depending upon the component, the market is categorized into compressor, condenser, control, evaporator, and others. On the basis of refrigerant type, it is divided into ammonia, carbon dioxide, hydrofluorocarbons (HFC), hydrochlorofluorocarbons (HCFC), and others. As per application, the market is classified into fresh fruits and vegetables, meat, poultry and fish, dairy and ice cream, beverages, chemicals, pharmaceuticals, petrochemicals, and others. Furthermore, according to type, it is divided into stationary refrigeration and transport refrigeration. Depending on sales type, the market is classified into new sales and aftermarket. Region wise, it is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, France, Italy, UK, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, Malaysia, Indonesia, Singapore, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).

Competition Analysis

Competitive analysis and profiles of the major players in the industrial refrigeration market are provided in the report. Major companies in the report include Daikin Industries, Ltd., Danfoss A/S, GEA Group AG, Mayekawa Mfg. Co., Ltd., Swegon AB, Dover Corporation, Gordon Brothers Industries Pty. Ltd., EVAPCO, Inc., Munters, Kirby HVAC&R Pty Ltd., LU-VE Group, BITZER Group, Emerson Electric Co., Johnson Controls International plc, Refplus, Trane Technologies plc (Thermo King), ABB Ltd., Baltimore Aircoil Company Inc., CARRIER GLOBAL CORPORATION, Dorin S.p.A., and Rivacold srl.

Key benefits for stakeholders

  • The report provides an extensive analysis of the current and emerging industrial refrigeration market trends and dynamics.
  • In-depth market analysis is conducted by constructing market estimations for the key market segments between 2022 and 2032.
  • Extensive analysis of the industrial refrigeration market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
  • A comprehensive analysis of all regions is provided to determine the prevailing opportunities.
  • The global industrial refrigeration market forecast analysis from 2023 to 2032 is included in the report.

Key Market Players

within the industrial refrigeration market are profiled in this report and their strategies are analyzed thoroughly, which helps understand the competitive outlook of the industrial refrigeration industry.

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Key Market Segments

By Component

  • Compressor
  • Condenser
  • Control
  • Evaporators
  • Others

By Refrigerant Type

  • Ammonia
  • Carbon Dioxide
  • Hydroflurocarbon (HFC)
  • Hydrochlorofluorocarbons (HCFC)
  • Others

By Application

  • Fresh fruits and vegetables
  • Meat, poultry and fish
  • Dairy and ice cream
  • Beverages
  • Chemicals
  • Pharmaceuticals
  • Petrochemicals
  • Others

By Type

  • Stationary Refrigeration
  • Transport Refrigeration

By Sales type

  • New Sales
  • Aftermarket

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • Italy
  • UK
  • Russia
  • Belarus
  • Croatia
  • Czech Republic
  • Hungary
  • Lithuania
  • Poland
  • Romania
  • Serbia And Montenegro
  • Bulgaria
  • Slovakia
  • Ukraine
  • Spain
  • Portugal
  • Austria
  • Sweden
  • Denmark
  • Finland
  • Norway
  • Belgium
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Malaysia
  • Indonesia
  • Singapore
  • Rest of Asia-Pacific
  • LAMEA
  • Brazil
  • South Africa
  • Saudi Arabia
  • UAE
  • Argentina
  • Turkey
  • Kazakhstan
  • Rest of LAMEA

Key Market Players

  • EVAPCO, Inc.
  • Danfoss A/S
  • Mayekawa Mfg. Co., Ltd.
  • ABB Ltd.
  • LU-VE S.p.A.
  • Daikin Industries, Ltd.
  • Dorin S.p.A.
  • Rivacold srl
  • Investment AB Latour (Swegon AB)
  • BITZER Group
  • Gordon Brothers Industries Pty Ltd.
  • Trane Technologies plc (Thermo King)
  • GEA Group AG
  • Johnson Controls International plc
  • Refplus
  • Munters Group AB
  • SPX Technologies, Inc.
  • Emerson Electric Co.
  • Baltimore Aircoil Company Inc.
  • Carrier Global Corporation
  • Dover Corporation

 

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Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.3. Porter’s five forces analysis
3.3.1. Low bargaining power of suppliers
3.3.2. Low threat of new entrants
3.3.3. Low threat of substitutes
3.3.4. Low intensity of rivalry
3.3.5. Low bargaining power of buyers
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Growth of the cold-chain industry Growth of food, beverages and pharmaceutical industries Industrialization in developing economies
3.4.2. Restraints
3.4.2.1. Strict government regulations High initial costs and maintenance expenses
3.4.3. Opportunities
3.4.3.1. Technological developments
CHAPTER 4: INDUSTRIAL REFRIGERATION MARKET, BY COMPONENT
4.1. Overview
4.1.1. Market size and forecast
4.2. Compressor
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market share analysis by country
4.3. Condenser
4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market share analysis by country
4.4. Control
4.4.1. Key market trends, growth factors and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market share analysis by country
4.5. Evaporators
4.5.1. Key market trends, growth factors and opportunities
4.5.2. Market size and forecast, by region
4.5.3. Market share analysis by country
4.6. Others
4.6.1. Key market trends, growth factors and opportunities
4.6.2. Market size and forecast, by region
4.6.3. Market share analysis by country
CHAPTER 5: INDUSTRIAL REFRIGERATION MARKET, BY REFRIGERANT TYPE
5.1. Overview
5.1.1. Market size and forecast
5.2. Ammonia
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market share analysis by country
5.3. Carbon Dioxide
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market share analysis by country
5.4. Hydroflurocarbon (HFC)
5.4.1. Key market trends, growth factors and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market share analysis by country
5.5. Hydrochlorofluorocarbons (HCFC)
5.5.1. Key market trends, growth factors and opportunities
5.5.2. Market size and forecast, by region
5.5.3. Market share analysis by country
5.6. Others
5.6.1. Key market trends, growth factors and opportunities
5.6.2. Market size and forecast, by region
5.6.3. Market share analysis by country
CHAPTER 6: INDUSTRIAL REFRIGERATION MARKET, BY APPLICATION
6.1. Overview
6.1.1. Market size and forecast
6.2. Fresh fruits and vegetables
6.2.1. Key market trends, growth factors and opportunities
6.2.2. Market size and forecast, by region
6.2.3. Market share analysis by country
6.3. Meat, poultry and fish
6.3.1. Key market trends, growth factors and opportunities
6.3.2. Market size and forecast, by region
6.3.3. Market share analysis by country
6.4. Dairy and ice cream
6.4.1. Key market trends, growth factors and opportunities
6.4.2. Market size and forecast, by region
6.4.3. Market share analysis by country
6.5. Beverages
6.5.1. Key market trends, growth factors and opportunities
6.5.2. Market size and forecast, by region
6.5.3. Market share analysis by country
6.6. Chemicals
6.6.1. Key market trends, growth factors and opportunities
6.6.2. Market size and forecast, by region
6.6.3. Market share analysis by country
6.7. Pharmaceuticals
6.7.1. Key market trends, growth factors and opportunities
6.7.2. Market size and forecast, by region
6.7.3. Market share analysis by country
6.8. Petrochemicals
6.8.1. Key market trends, growth factors and opportunities
6.8.2. Market size and forecast, by region
6.8.3. Market share analysis by country
6.9. Others
6.9.1. Key market trends, growth factors and opportunities
6.9.2. Market size and forecast, by region
6.9.3. Market share analysis by country
CHAPTER 7: INDUSTRIAL REFRIGERATION MARKET, BY TYPE
7.1. Overview
7.1.1. Market size and forecast
7.2. Stationary Refrigeration
7.2.1. Key market trends, growth factors and opportunities
7.2.2. Market size and forecast, by region
7.2.3. Market share analysis by country
7.3. Transport Refrigeration
7.3.1. Key market trends, growth factors and opportunities
7.3.2. Market size and forecast, by region
7.3.3. Market share analysis by country
CHAPTER 8: INDUSTRIAL REFRIGERATION MARKET, BY SALES TYPE
8.1. Overview
8.1.1. Market size and forecast
8.2. New Sales
8.2.1. Key market trends, growth factors and opportunities
8.2.2. Market size and forecast, by region
8.2.3. Market share analysis by country
8.3. Aftermarket
8.3.1. Key market trends, growth factors and opportunities
8.3.2. Market size and forecast, by region
8.3.3. Market share analysis by country
CHAPTER 9: INDUSTRIAL REFRIGERATION MARKET, BY REGION
9.1. Overview
9.1.1. Market size and forecast By Region
9.2. North America
9.2.1. Key market trends, growth factors and opportunities
9.2.2. Market size and forecast, by Component
9.2.3. Market size and forecast, by Refrigerant Type
9.2.4. Market size and forecast, by Application
9.2.5. Market size and forecast, by Type
9.2.6. Market size and forecast, by Sales type
9.2.7. Market size and forecast, by country
9.2.7.1. U.S.
9.2.7.1.1. Market size and forecast, by Component
9.2.7.1.2. Market size and forecast, by Refrigerant Type
9.2.7.1.3. Market size and forecast, by Application
9.2.7.1.4. Market size and forecast, by Type
9.2.7.1.5. Market size and forecast, by Sales type
9.2.7.2. Canada
9.2.7.2.1. Market size and forecast, by Component
9.2.7.2.2. Market size and forecast, by Refrigerant Type
9.2.7.2.3. Market size and forecast, by Application
9.2.7.2.4. Market size and forecast, by Type
9.2.7.2.5. Market size and forecast, by Sales type
9.2.7.3. Mexico
9.2.7.3.1. Market size and forecast, by Component
9.2.7.3.2. Market size and forecast, by Refrigerant Type
9.2.7.3.3. Market size and forecast, by Application
9.2.7.3.4. Market size and forecast, by Type
9.2.7.3.5. Market size and forecast, by Sales type
9.3. Europe
9.3.1. Key market trends, growth factors and opportunities
9.3.2. Market size and forecast, by Component
9.3.3. Market size and forecast, by Refrigerant Type
9.3.4. Market size and forecast, by Application
9.3.5. Market size and forecast, by Type
9.3.6. Market size and forecast, by Sales type
9.3.7. Market size and forecast, by country
9.3.7.1. Germany
9.3.7.1.1. Market size and forecast, by Component
9.3.7.1.2. Market size and forecast, by Refrigerant Type
9.3.7.1.3. Market size and forecast, by Application
9.3.7.1.4. Market size and forecast, by Type
9.3.7.1.5. Market size and forecast, by Sales type
9.3.7.2. France
9.3.7.2.1. Market size and forecast, by Component
9.3.7.2.2. Market size and forecast, by Refrigerant Type
9.3.7.2.3. Market size and forecast, by Application
9.3.7.2.4. Market size and forecast, by Type
9.3.7.2.5. Market size and forecast, by Sales type
9.3.7.3. Italy
9.3.7.3.1. Market size and forecast, by Component
9.3.7.3.2. Market size and forecast, by Refrigerant Type
9.3.7.3.3. Market size and forecast, by Application
9.3.7.3.4. Market size and forecast, by Type
9.3.7.3.5. Market size and forecast, by Sales type
9.3.7.4. UK
9.3.7.4.1. Market size and forecast, by Component
9.3.7.4.2. Market size and forecast, by Refrigerant Type
9.3.7.4.3. Market size and forecast, by Application
9.3.7.4.4. Market size and forecast, by Type
9.3.7.4.5. Market size and forecast, by Sales type
9.3.7.5. Russia
9.3.7.5.1. Market size and forecast, by Component
9.3.7.5.2. Market size and forecast, by Refrigerant Type
9.3.7.5.3. Market size and forecast, by Application
9.3.7.5.4. Market size and forecast, by Type
9.3.7.5.5. Market size and forecast, by Sales type
9.3.7.6. Belarus
9.3.7.6.1. Market size and forecast, by Component
9.3.7.6.2. Market size and forecast, by Refrigerant Type
9.3.7.6.3. Market size and forecast, by Application
9.3.7.6.4. Market size and forecast, by Type
9.3.7.6.5. Market size and forecast, by Sales type
9.3.7.7. Croatia
9.3.7.7.1. Market size and forecast, by Component
9.3.7.7.2. Market size and forecast, by Refrigerant Type
9.3.7.7.3. Market size and forecast, by Application
9.3.7.7.4. Market size and forecast, by Type
9.3.7.7.5. Market size and forecast, by Sales type
9.3.7.8. Czech Republic
9.3.7.8.1. Market size and forecast, by Component
9.3.7.8.2. Market size and forecast, by Refrigerant Type
9.3.7.8.3. Market size and forecast, by Application
9.3.7.8.4. Market size and forecast, by Type
9.3.7.8.5. Market size and forecast, by Sales type
9.3.7.9. Hungary
9.3.7.9.1. Market size and forecast, by Component
9.3.7.9.2. Market size and forecast, by Refrigerant Type
9.3.7.9.3. Market size and forecast, by Application
9.3.7.9.4. Market size and forecast, by Type
9.3.7.9.5. Market size and forecast, by Sales type
9.3.7.10. Lithuania
9.3.7.10.1. Market size and forecast, by Component
9.3.7.10.2. Market size and forecast, by Refrigerant Type
9.3.7.10.3. Market size and forecast, by Application
9.3.7.10.4. Market size and forecast, by Type
9.3.7.10.5. Market size and forecast, by Sales type
9.3.7.11. Poland
9.3.7.11.1. Market size and forecast, by Component
9.3.7.11.2. Market size and forecast, by Refrigerant Type
9.3.7.11.3. Market size and forecast, by Application
9.3.7.11.4. Market size and forecast, by Type
9.3.7.11.5. Market size and forecast, by Sales type
9.3.7.12. Romania
9.3.7.12.1. Market size and forecast, by Component
9.3.7.12.2. Market size and forecast, by Refrigerant Type
9.3.7.12.3. Market size and forecast, by Application
9.3.7.12.4. Market size and forecast, by Type
9.3.7.12.5. Market size and forecast, by Sales type
9.3.7.13. Serbia And Montenegro
9.3.7.13.1. Market size and forecast, by Component
9.3.7.13.2. Market size and forecast, by Refrigerant Type
9.3.7.13.3. Market size and forecast, by Application
9.3.7.13.4. Market size and forecast, by Type
9.3.7.13.5. Market size and forecast, by Sales type
9.3.7.14. Bulgaria
9.3.7.14.1. Market size and forecast, by Component
9.3.7.14.2. Market size and forecast, by Refrigerant Type
9.3.7.14.3. Market size and forecast, by Application
9.3.7.14.4. Market size and forecast, by Type
9.3.7.14.5. Market size and forecast, by Sales type
9.3.7.15. Slovakia
9.3.7.15.1. Market size and forecast, by Component
9.3.7.15.2. Market size and forecast, by Refrigerant Type
9.3.7.15.3. Market size and forecast, by Application
9.3.7.15.4. Market size and forecast, by Type
9.3.7.15.5. Market size and forecast, by Sales type
9.3.7.16. Ukraine
9.3.7.16.1. Market size and forecast, by Component
9.3.7.16.2. Market size and forecast, by Refrigerant Type
9.3.7.16.3. Market size and forecast, by Application
9.3.7.16.4. Market size and forecast, by Type
9.3.7.16.5. Market size and forecast, by Sales type
9.3.7.17. Spain
9.3.7.17.1. Market size and forecast, by Component
9.3.7.17.2. Market size and forecast, by Refrigerant Type
9.3.7.17.3. Market size and forecast, by Application
9.3.7.17.4. Market size and forecast, by Type
9.3.7.17.5. Market size and forecast, by Sales type
9.3.7.18. Portugal
9.3.7.18.1. Market size and forecast, by Component
9.3.7.18.2. Market size and forecast, by Refrigerant Type
9.3.7.18.3. Market size and forecast, by Application
9.3.7.18.4. Market size and forecast, by Type
9.3.7.18.5. Market size and forecast, by Sales type
9.3.7.19. Austria
9.3.7.19.1. Market size and forecast, by Component
9.3.7.19.2. Market size and forecast, by Refrigerant Type
9.3.7.19.3. Market size and forecast, by Application
9.3.7.19.4. Market size and forecast, by Type
9.3.7.19.5. Market size and forecast, by Sales type
9.3.7.20. Sweden
9.3.7.20.1. Market size and forecast, by Component
9.3.7.20.2. Market size and forecast, by Refrigerant Type
9.3.7.20.3. Market size and forecast, by Application
9.3.7.20.4. Market size and forecast, by Type
9.3.7.20.5. Market size and forecast, by Sales type
9.3.7.21. Denmark
9.3.7.21.1. Market size and forecast, by Component
9.3.7.21.2. Market size and forecast, by Refrigerant Type
9.3.7.21.3. Market size and forecast, by Application
9.3.7.21.4. Market size and forecast, by Type
9.3.7.21.5. Market size and forecast, by Sales type
9.3.7.22. Finland
9.3.7.22.1. Market size and forecast, by Component
9.3.7.22.2. Market size and forecast, by Refrigerant Type
9.3.7.22.3. Market size and forecast, by Application
9.3.7.22.4. Market size and forecast, by Type
9.3.7.22.5. Market size and forecast, by Sales type
9.3.7.23. Norway
9.3.7.23.1. Market size and forecast, by Component
9.3.7.23.2. Market size and forecast, by Refrigerant Type
9.3.7.23.3. Market size and forecast, by Application
9.3.7.23.4. Market size and forecast, by Type
9.3.7.23.5. Market size and forecast, by Sales type
9.3.7.24. Belgium
9.3.7.24.1. Market size and forecast, by Component
9.3.7.24.2. Market size and forecast, by Refrigerant Type
9.3.7.24.3. Market size and forecast, by Application
9.3.7.24.4. Market size and forecast, by Type
9.3.7.24.5. Market size and forecast, by Sales type
9.3.7.25. Rest of Europe
9.3.7.25.1. Market size and forecast, by Component
9.3.7.25.2. Market size and forecast, by Refrigerant Type
9.3.7.25.3. Market size and forecast, by Application
9.3.7.25.4. Market size and forecast, by Type
9.3.7.25.5. Market size and forecast, by Sales type
9.4. Asia-Pacific
9.4.1. Key market trends, growth factors and opportunities
9.4.2. Market size and forecast, by Component
9.4.3. Market size and forecast, by Refrigerant Type
9.4.4. Market size and forecast, by Application
9.4.5. Market size and forecast, by Type
9.4.6. Market size and forecast, by Sales type
9.4.7. Market size and forecast, by country
9.4.7.1. China
9.4.7.1.1. Market size and forecast, by Component
9.4.7.1.2. Market size and forecast, by Refrigerant Type
9.4.7.1.3. Market size and forecast, by Application
9.4.7.1.4. Market size and forecast, by Type
9.4.7.1.5. Market size and forecast, by Sales type
9.4.7.2. Japan
9.4.7.2.1. Market size and forecast, by Component
9.4.7.2.2. Market size and forecast, by Refrigerant Type
9.4.7.2.3. Market size and forecast, by Application
9.4.7.2.4. Market size and forecast, by Type
9.4.7.2.5. Market size and forecast, by Sales type
9.4.7.3. India
9.4.7.3.1. Market size and forecast, by Component
9.4.7.3.2. Market size and forecast, by Refrigerant Type
9.4.7.3.3. Market size and forecast, by Application
9.4.7.3.4. Market size and forecast, by Type
9.4.7.3.5. Market size and forecast, by Sales type
9.4.7.4. South Korea
9.4.7.4.1. Market size and forecast, by Component
9.4.7.4.2. Market size and forecast, by Refrigerant Type
9.4.7.4.3. Market size and forecast, by Application
9.4.7.4.4. Market size and forecast, by Type
9.4.7.4.5. Market size and forecast, by Sales type
9.4.7.5. Australia
9.4.7.5.1. Market size and forecast, by Component
9.4.7.5.2. Market size and forecast, by Refrigerant Type
9.4.7.5.3. Market size and forecast, by Application
9.4.7.5.4. Market size and forecast, by Type
9.4.7.5.5. Market size and forecast, by Sales type
9.4.7.6. Malaysia
9.4.7.6.1. Market size and forecast, by Component
9.4.7.6.2. Market size and forecast, by Refrigerant Type
9.4.7.6.3. Market size and forecast, by Application
9.4.7.6.4. Market size and forecast, by Type
9.4.7.6.5. Market size and forecast, by Sales type
9.4.7.7. Indonesia
9.4.7.7.1. Market size and forecast, by Component
9.4.7.7.2. Market size and forecast, by Refrigerant Type
9.4.7.7.3. Market size and forecast, by Application
9.4.7.7.4. Market size and forecast, by Type
9.4.7.7.5. Market size and forecast, by Sales type
9.4.7.8. Singapore
9.4.7.8.1. Market size and forecast, by Component
9.4.7.8.2. Market size and forecast, by Refrigerant Type
9.4.7.8.3. Market size and forecast, by Application
9.4.7.8.4. Market size and forecast, by Type
9.4.7.8.5. Market size and forecast, by Sales type
9.4.7.9. Rest of Asia-Pacific
9.4.7.9.1. Market size and forecast, by Component
9.4.7.9.2. Market size and forecast, by Refrigerant Type
9.4.7.9.3. Market size and forecast, by Application
9.4.7.9.4. Market size and forecast, by Type
9.4.7.9.5. Market size and forecast, by Sales type
9.5. LAMEA
9.5.1. Key market trends, growth factors and opportunities
9.5.2. Market size and forecast, by Component
9.5.3. Market size and forecast, by Refrigerant Type
9.5.4. Market size and forecast, by Application
9.5.5. Market size and forecast, by Type
9.5.6. Market size and forecast, by Sales type
9.5.7. Market size and forecast, by country
9.5.7.1. Brazil
9.5.7.1.1. Market size and forecast, by Component
9.5.7.1.2. Market size and forecast, by Refrigerant Type
9.5.7.1.3. Market size and forecast, by Application
9.5.7.1.4. Market size and forecast, by Type
9.5.7.1.5. Market size and forecast, by Sales type
9.5.7.2. South Africa
9.5.7.2.1. Market size and forecast, by Component
9.5.7.2.2. Market size and forecast, by Refrigerant Type
9.5.7.2.3. Market size and forecast, by Application
9.5.7.2.4. Market size and forecast, by Type
9.5.7.2.5. Market size and forecast, by Sales type
9.5.7.3. Saudi Arabia
9.5.7.3.1. Market size and forecast, by Component
9.5.7.3.2. Market size and forecast, by Refrigerant Type
9.5.7.3.3. Market size and forecast, by Application
9.5.7.3.4. Market size and forecast, by Type
9.5.7.3.5. Market size and forecast, by Sales type
9.5.7.4. UAE
9.5.7.4.1. Market size and forecast, by Component
9.5.7.4.2. Market size and forecast, by Refrigerant Type
9.5.7.4.3. Market size and forecast, by Application
9.5.7.4.4. Market size and forecast, by Type
9.5.7.4.5. Market size and forecast, by Sales type
9.5.7.5. Argentina
9.5.7.5.1. Market size and forecast, by Component
9.5.7.5.2. Market size and forecast, by Refrigerant Type
9.5.7.5.3. Market size and forecast, by Application
9.5.7.5.4. Market size and forecast, by Type
9.5.7.5.5. Market size and forecast, by Sales type
9.5.7.6. Turkey
9.5.7.6.1. Market size and forecast, by Component
9.5.7.6.2. Market size and forecast, by Refrigerant Type
9.5.7.6.3. Market size and forecast, by Application
9.5.7.6.4. Market size and forecast, by Type
9.5.7.6.5. Market size and forecast, by Sales type
9.5.7.7. Kazakhstan
9.5.7.7.1. Market size and forecast, by Component
9.5.7.7.2. Market size and forecast, by Refrigerant Type
9.5.7.7.3. Market size and forecast, by Application
9.5.7.7.4. Market size and forecast, by Type
9.5.7.7.5. Market size and forecast, by Sales type
9.5.7.8. Rest of LAMEA
9.5.7.8.1. Market size and forecast, by Component
9.5.7.8.2. Market size and forecast, by Refrigerant Type
9.5.7.8.3. Market size and forecast, by Application
9.5.7.8.4. Market size and forecast, by Type
9.5.7.8.5. Market size and forecast, by Sales type
CHAPTER 10: COMPETITIVE LANDSCAPE
10.1. Introduction
10.2. Top winning strategies
10.3. Product Mapping of Top 10 Players
10.4. Competitive Dashboard
10.5. Competitive Heatmap
10.6. Top player positioning, 2020
CHAPTER 11: COMPANY PROFILES
11.1. EVAPCO, Inc.
11.1.1. Company overview
11.1.2. Key Executives
11.1.3. Company snapshot
11.1.4. Operating business segments
11.1.5. Product portfolio
11.1.6. Key strategic moves and developments
11.2. Emerson Electric Co.
11.2.1. Company overview
11.2.2. Key Executives
11.2.3. Company snapshot
11.2.4. Operating business segments
11.2.5. Product portfolio
11.2.6. Business performance
11.2.7. Key strategic moves and developments
11.3. Munters Group AB
11.3.1. Company overview
11.3.2. Key Executives
11.3.3. Company snapshot
11.3.4. Operating business segments
11.3.5. Product portfolio
11.3.6. Business performance
11.4. BITZER Group
11.4.1. Company overview
11.4.2. Key Executives
11.4.3. Company snapshot
11.4.4. Operating business segments
11.4.5. Product portfolio
11.5. Refplus
11.5.1. Company overview
11.5.2. Key Executives
11.5.3. Company snapshot
11.5.4. Operating business segments
11.5.5. Product portfolio
11.6. Danfoss A/S
11.6.1. Company overview
11.6.2. Key Executives
11.6.3. Company snapshot
11.6.4. Operating business segments
11.6.5. Product portfolio
11.6.6. Business performance
11.6.7. Key strategic moves and developments
11.7. Johnson Controls International plc
11.7.1. Company overview
11.7.2. Key Executives
11.7.3. Company snapshot
11.7.4. Operating business segments
11.7.5. Product portfolio
11.7.6. Business performance
11.8. Dover Corporation
11.8.1. Company overview
11.8.2. Key Executives
11.8.3. Company snapshot
11.8.4. Operating business segments
11.8.5. Product portfolio
11.8.6. Business performance
11.8.7. Key strategic moves and developments
11.9. Gordon Brothers Industries Pty Ltd.
11.9.1. Company overview
11.9.2. Key Executives
11.9.3. Company snapshot
11.9.4. Operating business segments
11.9.5. Product portfolio
11.10. Mayekawa Mfg. Co., Ltd.
11.10.1. Company overview
11.10.2. Key Executives
11.10.3. Company snapshot
11.10.4. Operating business segments
11.10.5. Product portfolio
11.11. LU-VE S.p.A.
11.11.1. Company overview
11.11.2. Key Executives
11.11.3. Company snapshot
11.11.4. Operating business segments
11.11.5. Product portfolio
11.11.6. Business performance
11.12. GEA Group AG
11.12.1. Company overview
11.12.2. Key Executives
11.12.3. Company snapshot
11.12.4. Operating business segments
11.12.5. Product portfolio
11.12.6. Business performance
11.12.7. Key strategic moves and developments
11.13. Trane Technologies plc (Thermo King)
11.13.1. Company overview
11.13.2. Key Executives
11.13.3. Company snapshot
11.13.4. Operating business segments
11.13.5. Product portfolio
11.13.6. Business performance
11.13.7. Key strategic moves and developments
11.14. ABB Ltd.
11.14.1. Company overview
11.14.2. Key Executives
11.14.3. Company snapshot
11.14.4. Operating business segments
11.14.5. Product portfolio
11.14.6. Business performance
11.15. Carrier Global Corporation
11.15.1. Company overview
11.15.2. Key Executives
11.15.3. Company snapshot
11.15.4. Operating business segments
11.15.5. Product portfolio
11.15.6. Business performance
11.16. Baltimore Aircoil Company Inc.
11.16.1. Company overview
11.16.2. Key Executives
11.16.3. Company snapshot
11.16.4. Operating business segments
11.16.5. Product portfolio
11.17. Dorin S.p.A.
11.17.1. Company overview
11.17.2. Key Executives
11.17.3. Company snapshot
11.17.4. Operating business segments
11.17.5. Product portfolio
11.18. Rivacold srl
11.18.1. Company overview
11.18.2. Key Executives
11.18.3. Company snapshot
11.18.4. Operating business segments
11.18.5. Product portfolio
11.19. SPX Technologies, Inc.
11.19.1. Company overview
11.19.2. Key Executives
11.19.3. Company snapshot
11.19.4. Operating business segments
11.19.5. Product portfolio
11.19.6. Business performance
11.20. Investment AB Latour (Swegon AB)
11.20.1. Company overview
11.20.2. Key Executives
11.20.3. Company snapshot
11.20.4. Operating business segments
11.20.5. Product portfolio
11.20.6. Business performance
11.21. Daikin Industries, Ltd.
11.21.1. Company overview
11.21.2. Key Executives
11.21.3. Company snapshot
11.21.4. Operating business segments
11.21.5. Product portfolio
11.21.6. Business performance
11.21.7. Key strategic moves and developments
List of Tables
Table 01. Global Industrial Refrigeration Market, by Component, 2020-2032 ($Million)
Table 02. Industrial Refrigeration Market for Compressor, by Region, 2020-2032 ($Million)
Table 03. Industrial Refrigeration Market for Condenser, by Region, 2020-2032 ($Million)
Table 04. Industrial Refrigeration Market for Control, by Region, 2020-2032 ($Million)
Table 05. Industrial Refrigeration Market for Evaporators, by Region, 2020-2032 ($Million)
Table 06. Industrial Refrigeration Market for Others, by Region, 2020-2032 ($Million)
Table 07. Global Industrial Refrigeration Market, by Refrigerant Type, 2020-2032 ($Million)
Table 08. Industrial Refrigeration Market for Ammonia, by Region, 2020-2032 ($Million)
Table 09. Industrial Refrigeration Market for Carbon Dioxide, by Region, 2020-2032 ($Million)
Table 10. Industrial Refrigeration Market for Hydroflurocarbon (Hfc), by Region, 2020-2032 ($Million)
Table 11. Industrial Refrigeration Market for Hydrochlorofluorocarbons (Hcfc), by Region, 2020-2032 ($Million)
Table 12. Industrial Refrigeration Market for Others, by Region, 2020-2032 ($Million)
Table 13. Global Industrial Refrigeration Market, by Application, 2020-2032 ($Million)
Table 14. Industrial Refrigeration Market for Fresh Fruits and Vegetables, by Region, 2020-2032 ($Million)
Table 15. Industrial Refrigeration Market for Meat, Poultry and Fish, by Region, 2020-2032 ($Million)
Table 16. Industrial Refrigeration Market for Dairy and Ice Cream, by Region, 2020-2032 ($Million)
Table 17. Industrial Refrigeration Market for Beverages, by Region, 2020-2032 ($Million)
Table 18. Industrial Refrigeration Market for Chemicals, by Region, 2020-2032 ($Million)
Table 19. Industrial Refrigeration Market for Pharmaceuticals, by Region, 2020-2032 ($Million)
Table 20. Industrial Refrigeration Market for Petrochemicals, by Region, 2020-2032 ($Million)
Table 21. Industrial Refrigeration Market for Others, by Region, 2020-2032 ($Million)
Table 22. Global Industrial Refrigeration Market, by Type, 2020-2032 ($Million)
Table 23. Industrial Refrigeration Market for Stationary Refrigeration, by Region, 2020-2032 ($Million)
Table 24. Industrial Refrigeration Market for Transport Refrigeration, by Region, 2020-2032 ($Million)
Table 25. Global Industrial Refrigeration Market, by Sales Type, 2020-2032 ($Million)
Table 26. Industrial Refrigeration Market for New Sales, by Region, 2020-2032 ($Million)
Table 27. Industrial Refrigeration Market for Aftermarket, by Region, 2020-2032 ($Million)
Table 28. Industrial Refrigeration Market, by Region, 2020-2032 ($Million)
Table 29. North America Industrial Refrigeration Market, by Component, 2020-2032 ($Million)
Table 30. North America Industrial Refrigeration Market, by Refrigerant Type, 2020-2032 ($Million)
Table 31. North America Industrial Refrigeration Market, by Application, 2020-2032 ($Million)
Table 32. North America Industrial Refrigeration Market, by Type, 2020-2032 ($Million)
Table 33. North America Industrial Refrigeration Market, by Sales Type, 2020-2032 ($Million)
Table 34. North America Industrial Refrigeration Market, by Country, 2020-2032 ($Million)
Table 35. U.S. Industrial Refrigeration Market, by Component, 2020-2032 ($Million)
Table 36. U.S. Industrial Refrigeration Market, by Refrigerant Type, 2020-2032 ($Million)
Table 37. U.S. Industrial Refrigeration Market, by Application, 2020-2032 ($Million)
Table 38. U.S. Industrial Refrigeration Market, by Type, 2020-2032 ($Million)
Table 39. U.S. Industrial Refrigeration Market, by Sales Type, 2020-2032 ($Million)
Table 40. Canada Industrial Refrigeration Market, by Component, 2020-2032 ($Million)
Table 41. Canada Industrial Refrigeration Market, by Refrigerant Type, 2020-2032 ($Million)
Table 42. Canada Industrial Refrigeration Market, by Application, 2020-2032 ($Million)
Table 43. Canada Industrial Refrigeration Market, by Type, 2020-2032 ($Million)
Table 44. Canada Industrial Refrigeration Market, by Sales Type, 2020-2032 ($Million)
Table 45. Mexico Industrial Refrigeration Market, by Component, 2020-2032 ($Million)
Table 46. Mexico Industrial Refrigeration Market, by Refrigerant Type, 2020-2032 ($Million)
Table 47. Mexico Industrial Refrigeration Market, by Application, 2020-2032 ($Million)
Table 48. Mexico Industrial Refrigeration Market, by Type, 2020-2032 ($Million)
Table 49. Mexico Industrial Refrigeration Market, by Sales Type, 2020-2032 ($Million)
Table 50. Europe Industrial Refrigeration Market, by Component, 2020-2032 ($Million)
Table 51. Europe Industrial Refrigeration Market, by Refrigerant Type, 2020-2032 ($Million)
Table 52. Europe Industrial Refrigeration Market, by Application, 2020-2032 ($Million)
Table 53. Europe Industrial Refrigeration Market, by Type, 2020-2032 ($Million)
Table 54. Europe Industrial Refrigeration Market, by Sales Type, 2020-2032 ($Million)
Table 55. Europe Industrial Refrigeration Market, by Country, 2020-2032 ($Million)
Table 56. Germany Industrial Refrigeration Market, by Component, 2020-2032 ($Million)
Table 57. Germany Industrial Refrigeration Market, by Refrigerant Type, 2020-2032 ($Million)
Table 58. Germany Industrial Refrigeration Market, by Application, 2020-2032 ($Million)
Table 59. Germany Industrial Refrigeration Market, by Type, 2020-2032 ($Million)
Table 60. Germany Industrial Refrigeration Market, by Sales Type, 2020-2032 ($Million)
Table 61. France Industrial Refrigeration Market, by Component, 2020-2032 ($Million)
Table 62. France Industrial Refrigeration Market, by Refrigerant Type, 2020-2032 ($Million)
Table 63. France Industrial Refrigeration Market, by Application, 2020-2032 ($Million)
Table 64. France Industrial Refrigeration Market, by Type, 2020-2032 ($Million)
Table 65. France Industrial Refrigeration Market, by Sales Type, 2020-2032 ($Million)
Table 66. Italy Industrial Refrigeration Market, by Component, 2020-2032 ($Million)
Table 67. Italy Industrial Refrigeration Market, by Refrigerant Type, 2020-2032 ($Million)
Table 68. Italy Industrial Refrigeration Market, by Application, 2020-2032 ($Million)
Table 69. Italy Industrial Refrigeration Market, by Type, 2020-2032 ($Million)
Table 70. Italy Industrial Refrigeration Market, by Sales Type, 2020-2032 ($Million)
Table 71. UK Industrial Refrigeration Market, by Component, 2020-2032 ($Million)
Table 72. UK Industrial Refrigeration Market, by Refrigerant Type, 2020-2032 ($Million)
Table 73. UK Industrial Refrigeration Market, by Application, 2020-2032 ($Million)
Table 74. UK Industrial Refrigeration Market, by Type, 2020-2032 ($Million)
Table 75. UK Industrial Refrigeration Market, by Sales Type, 2020-2032 ($Million)
Table 76. Russia Industrial Refrigeration Market, by Component, 2020-2032 ($Million)
Table 77. Russia Industrial Refrigeration Market, by Refrigerant Type, 2020-2032 ($Million)
Table 78. Russia Industrial Refrigeration Market, by Application, 2020-2032 ($Million)
Table 79. Russia Industrial Refrigeration Market, by Type, 2020-2032 ($Million)
Table 80. Russia Industrial Refrigeration Market, by Sales Type, 2020-2032 ($Million)
Table 81. Belarus Industrial Refrigeration Market, by Component, 2020-2032 ($Million)
Table 82. Belarus Industrial Refrigeration Market, by Refrigerant Type, 2020-2032 ($Million)
Table 83. Belarus Industrial Refrigeration Market, by Application, 2020-2032 ($Million)
Table 84. Belarus Industrial Refrigeration Market, by Type, 2020-2032 ($Million)
Table 85. Belarus Industrial Refrigeration Market, by Sales Type, 2020-2032 ($Million)
Table 86. Croatia Industrial Refrigeration Market, by Component, 2020-2032 ($Million)
Table 87. Croatia Industrial Refrigeration Market, by Refrigerant Type, 2020-2032 ($Million)
Table 88. Croatia Industrial Refrigeration Market, by Application, 2020-2032 ($Million)
Table 89. Croatia Industrial Refrigeration Market, by Type, 2020-2032 ($Million)
Table 90. Croatia Industrial Refrigeration Market, by Sales Type, 2020-2032 ($Million)
Table 91. Czech Republic Industrial Refrigeration Market, by Component, 2020-2032 ($Million)
Table 92. Czech Republic Industrial Refrigeration Market, by Refrigerant Type, 2020-2032 ($Million)
Table 93. Czech Republic Industrial Refrigeration Market, by Application, 2020-2032 ($Million)
Table 94. Czech Republic Industrial Refrigeration Market, by Type, 2020-2032 ($Million)
Table 95. Czech Republic Industrial Refrigeration Market, by Sales Type, 2020-2032 ($Million)
Table 96. Hungary Industrial Refrigeration Market, by Component, 2020-2032 ($Million)
Table 97. Hungary Industrial Refrigeration Market, by Refrigerant Type, 2020-2032 ($Million)
Table 98. Hungary Industrial Refrigeration Market, by Application, 2020-2032 ($Million)
Table 99. Hungary Industrial Refrigeration Market, by Type, 2020-2032 ($Million)
Table 100. Hungary Industrial Refrigeration Market, by Sales Type, 2020-2032 ($Million)
Table 101. Lithuania Industrial Refrigeration Market, by Component, 2020-2032 ($Million)
Table 102. Lithuania Industrial Refrigeration Market, by Refrigerant Type, 2020-2032 ($Million)
Table 103. Lithuania Industrial Refrigeration Market, by Application, 2020-2032 ($Million)
Table 104. Lithuania Industrial Refrigeration Market, by Type, 2020-2032 ($Million)
Table 105. Lithuania Industrial Refrigeration Market, by Sales Type, 2020-2032 ($Million)
Table 106. Poland Industrial Refrigeration Market, by Component, 2020-2032 ($Million)
Table 107. Poland Industrial Refrigeration Market, by Refrigerant Type, 2020-2032 ($Million)
Table 108. Poland Industrial Refrigeration Market, by Application, 2020-2032 ($Million)
Table 109. Poland Industrial Refrigeration Market, by Type, 2020-2032 ($Million)
Table 110. Poland Industrial Refrigeration Market, by Sales Type, 2020-2032 ($Million)
Table 111. Romania Industrial Refrigeration Market, by Component, 2020-2032 ($Million)
Table 112. Romania Industrial Refrigeration Market, by Refrigerant Type, 2020-2032 ($Million)
Table 113. Romania Industrial Refrigeration Market, by Application, 2020-2032 ($Million)
Table 114. Romania Industrial Refrigeration Market, by Type, 2020-2032 ($Million)
Table 115. Romania Industrial Refrigeration Market, by Sales Type, 2020-2032 ($Million)
Table 116. Serbia and Montenegro Industrial Refrigeration Market, by Component, 2020-2032 ($Million)
Table 117. Serbia and Montenegro Industrial Refrigeration Market, by Refrigerant Type, 2020-2032 ($Million)
Table 118. Serbia and Montenegro Industrial Refrigeration Market, by Application, 2020-2032 ($Million)
Table 119. Serbia and Montenegro Industrial Refrigeration Market, by Type, 2020-2032 ($Million)
Table 120. Serbia and Montenegro Industrial Refrigeration Market, by Sales Type, 2020-2032 ($Million)
Table 121. Bulgaria Industrial Refrigeration Market, by Component, 2020-2032 ($Million)
Table 122. Bulgaria Industrial Refrigeration Market, by Refrigerant Type, 2020-2032 ($Million)
Table 123. Bulgaria Industrial Refrigeration Market, by Application, 2020-2032 ($Million)
Table 124. Bulgaria Industrial Refrigeration Market, by Type, 2020-2032 ($Million)
Table 125. Bulgaria Industrial Refrigeration Market, by Sales Type, 2020-2032 ($Million)
Table 126. Slovakia Industrial Refrigeration Market, by Component, 2020-2032 ($Million)
Table 127. Slovakia Industrial Refrigeration Market, by Refrigerant Type, 2020-2032 ($Million)
Table 128. Slovakia Industrial Refrigeration Market, by Application, 2020-2032 ($Million)
Table 129. Slovakia Industrial Refrigeration Market, by Type, 2020-2032 ($Million)
Table 130. Slovakia Industrial Refrigeration Market, by Sales Type, 2020-2032 ($Million)
Table 131. Ukraine Industrial Refrigeration Market, by Component, 2020-2032 ($Million)
Table 132. Ukraine Industrial Refrigeration Market, by Refrigerant Type, 2020-2032 ($Million)
Table 133. Ukraine Industrial Refrigeration Market, by Application, 2020-2032 ($Million)
Table 134. Ukraine Industrial Refrigeration Market, by Type, 2020-2032 ($Million)
Table 135. Ukraine Industrial Refrigeration Market, by Sales Type, 2020-2032 ($Million)
Table 136. Spain Industrial Refrigeration Market, by Component, 2020-2032 ($Million)
Table 137. Spain Industrial Refrigeration Market, by Refrigerant Type, 2020-2032 ($Million)
Table 138. Spain Industrial Refrigeration Market, by Application, 2020-2032 ($Million)
Table 139. Spain Industrial Refrigeration Market, by Type, 2020-2032 ($Million)
Table 140. Spain Industrial Refrigeration Market, by Sales Type, 2020-2032 ($Million)
Table 141. Portugal Industrial Refrigeration Market, by Component, 2020-2032 ($Million)
Table 142. Portugal Industrial Refrigeration Market, by Refrigerant Type, 2020-2032 ($Million)
Table 143. Portugal Industrial Refrigeration Market, by Application, 2020-2032 ($Million)
Table 144. Portugal Industrial Refrigeration Market, by Type, 2020-2032 ($Million)
Table 145. Portugal Industrial Refrigeration Market, by Sales Type, 2020-2032 ($Million)
Table 146. Austria Industrial Refrigeration Market, by Component, 2020-2032 ($Million)
Table 147. Austria Industrial Refrigeration Market, by Refrigerant Type, 2020-2032 ($Million)
Table 148. Austria Industrial Refrigeration Market, by Application, 2020-2032 ($Million)
Table 149. Austria Industrial Refrigeration Market, by Type, 2020-2032 ($Million)
Table 150. Austria Industrial Refrigeration Market, by Sales Type, 2020-2032 ($Million)
Table 151. Sweden Industrial Refrigeration Market, by Component, 2020-2032 ($Million)
Table 152. Sweden Industrial Refrigeration Market, by Refrigerant Type, 2020-2032 ($Million)
Table 153. Sweden Industrial Refrigeration Market, by Application, 2020-2032 ($Million)
Table 154. Sweden Industrial Refrigeration Market, by Type, 2020-2032 ($Million)
Table 155. Sweden Industrial Refrigeration Market, by Sales Type, 2020-2032 ($Million)
Table 156. Denmark Industrial Refrigeration Market, by Component, 2020-2032 ($Million)
Table 157. Denmark Industrial Refrigeration Market, by Refrigerant Type, 2020-2032 ($Million)
Table 158. Denmark Industrial Refrigeration Market, by Application, 2020-2032 ($Million)
Table 159. Denmark Industrial Refrigeration Market, by Type, 2020-2032 ($Million)
Table 160. Denmark Industrial Refrigeration Market, by Sales Type, 2020-2032 ($Million)
Table 161. Finland Industrial Refrigeration Market, by Component, 2020-2032 ($Million)
Table 162. Finland Industrial Refrigeration Market, by Refrigerant Type, 2020-2032 ($Million)
Table 163. Finland Industrial Refrigeration Market, by Application, 2020-2032 ($Million)
Table 164. Finland Industrial Refrigeration Market, by Type, 2020-2032 ($Million)
Table 165. Finland Industrial Refrigeration Market, by Sales Type, 2020-2032 ($Million)
Table 166. Norway Industrial Refrigeration Market, by Component, 2020-2032 ($Million)
Table 167. Norway Industrial Refrigeration Market, by Refrigerant Type, 2020-2032 ($Million)
Table 168. Norway Industrial Refrigeration Market, by Application, 2020-2032 ($Million)
Table 169. Norway Industrial Refrigeration Market, by Type, 2020-2032 ($Million)
Table 170. Norway Industrial Refrigeration Market, by Sales Type, 2020-2032 ($Million)
Table 171. Belgium Industrial Refrigeration Market, by Component, 2020-2032 ($Million)
Table 172. Belgium Industrial Refrigeration Market, by Refrigerant Type, 2020-2032 ($Million)
Table 173. Belgium Industrial Refrigeration Market, by Application, 2020-2032 ($Million)
Table 174. Belgium Industrial Refrigeration Market, by Type, 2020-2032 ($Million)
Table 175. Belgium Industrial Refrigeration Market, by Sales Type, 2020-2032 ($Million)
Table 176. Rest of Europe Industrial Refrigeration Market, by Component, 2020-2032 ($Million)
Table 177. Rest of Europe Industrial Refrigeration Market, by Refrigerant Type, 2020-2032 ($Million)
Table 178. Rest of Europe Industrial Refrigeration Market, by Application, 2020-2032 ($Million)
Table 179. Rest of Europe Industrial Refrigeration Market, by Type, 2020-2032 ($Million)
Table 180. Rest of Europe Industrial Refrigeration Market, by Sales Type, 2020-2032 ($Million)
Table 181. Asia-Pacific Industrial Refrigeration Market, by Component, 2020-2032 ($Million)
Table 182. Asia-Pacific Industrial Refrigeration Market, by Refrigerant Type, 2020-2032 ($Million)
Table 183. Asia-Pacific Industrial Refrigeration Market, by Application, 2020-2032 ($Million)
Table 184. Asia-Pacific Industrial Refrigeration Market, by Type, 2020-2032 ($Million)
Table 185. Asia-Pacific Industrial Refrigeration Market, by Sales Type, 2020-2032 ($Million)
Table 186. Asia-Pacific Industrial Refrigeration Market, by Country, 2020-2032 ($Million)
Table 187. China Industrial Refrigeration Market, by Component, 2020-2032 ($Million)
Table 188. China Industrial Refrigeration Market, by Refrigerant Type, 2020-2032 ($Million)
Table 189. China Industrial Refrigeration Market, by Application, 2020-2032 ($Million)
Table 190. China Industrial Refrigeration Market, by Type, 2020-2032 ($Million)
Table 191. China Industrial Refrigeration Market, by Sales Type, 2020-2032 ($Million)
Table 192. Japan Industrial Refrigeration Market, by Component, 2020-2032 ($Million)
Table 193. Japan Industrial Refrigeration Market, by Refrigerant Type, 2020-2032 ($Million)
Table 194. Japan Industrial Refrigeration Market, by Application, 2020-2032 ($Million)
Table 195. Japan Industrial Refrigeration Market, by Type, 2020-2032 ($Million)
Table 196. Japan Industrial Refrigeration Market, by Sales Type, 2020-2032 ($Million)
Table 197. India Industrial Refrigeration Market, by Component, 2020-2032 ($Million)
Table 198. India Industrial Refrigeration Market, by Refrigerant Type, 2020-2032 ($Million)
Table 199. India Industrial Refrigeration Market, by Application, 2020-2032 ($Million)
Table 200. India Industrial Refrigeration Market, by Type, 2020-2032 ($Million)
Table 201. India Industrial Refrigeration Market, by Sales Type, 2020-2032 ($Million)
Table 202. South Korea Industrial Refrigeration Market, by Component, 2020-2032 ($Million)
Table 203. South Korea Industrial Refrigeration Market, by Refrigerant Type, 2020-2032 ($Million)
Table 204. South Korea Industrial Refrigeration Market, by Application, 2020-2032 ($Million)
Table 205. South Korea Industrial Refrigeration Market, by Type, 2020-2032 ($Million)
Table 206. South Korea Industrial Refrigeration Market, by Sales Type, 2020-2032 ($Million)
Table 207. Australia Industrial Refrigeration Market, by Component, 2020-2032 ($Million)
Table 208. Australia Industrial Refrigeration Market, by Refrigerant Type, 2020-2032 ($Million)
Table 209. Australia Industrial Refrigeration Market, by Application, 2020-2032 ($Million)
Table 210. Australia Industrial Refrigeration Market, by Type, 2020-2032 ($Million)
Table 211. Australia Industrial Refrigeration Market, by Sales Type, 2020-2032 ($Million)
Table 212. Malaysia Industrial Refrigeration Market, by Component, 2020-2032 ($Million)
Table 213. Malaysia Industrial Refrigeration Market, by Refrigerant Type, 2020-2032 ($Million)
Table 214. Malaysia Industrial Refrigeration Market, by Application, 2020-2032 ($Million)
Table 215. Malaysia Industrial Refrigeration Market, by Type, 2020-2032 ($Million)
Table 216. Malaysia Industrial Refrigeration Market, by Sales Type, 2020-2032 ($Million)
Table 217. Indonesia Industrial Refrigeration Market, by Component, 2020-2032 ($Million)
Table 218. Indonesia Industrial Refrigeration Market, by Refrigerant Type, 2020-2032 ($Million)
Table 219. Indonesia Industrial Refrigeration Market, by Application, 2020-2032 ($Million)
Table 220. Indonesia Industrial Refrigeration Market, by Type, 2020-2032 ($Million)
Table 221. Indonesia Industrial Refrigeration Market, by Sales Type, 2020-2032 ($Million)
Table 222. Singapore Industrial Refrigeration Market, by Component, 2020-2032 ($Million)
Table 223. Singapore Industrial Refrigeration Market, by Refrigerant Type, 2020-2032 ($Million)
Table 224. Singapore Industrial Refrigeration Market, by Application, 2020-2032 ($Million)
Table 225. Singapore Industrial Refrigeration Market, by Type, 2020-2032 ($Million)
Table 226. Singapore Industrial Refrigeration Market, by Sales Type, 2020-2032 ($Million)
Table 227. Rest of Asia-Pacific Industrial Refrigeration Market, by Component, 2020-2032 ($Million)
Table 228. Rest of Asia-Pacific Industrial Refrigeration Market, by Refrigerant Type, 2020-2032 ($Million)
Table 229. Rest of Asia-Pacific Industrial Refrigeration Market, by Application, 2020-2032 ($Million)
Table 230. Rest of Asia-Pacific Industrial Refrigeration Market, by Type, 2020-2032 ($Million)
Table 231. Rest of Asia-Pacific Industrial Refrigeration Market, by Sales Type, 2020-2032 ($Million)
Table 232. LAMEA Industrial Refrigeration Market, by Component, 2020-2032 ($Million)
Table 233. LAMEA Industrial Refrigeration Market, by Refrigerant Type, 2020-2032 ($Million)
Table 234. LAMEA Industrial Refrigeration Market, by Application, 2020-2032 ($Million)
Table 235. LAMEA Industrial Refrigeration Market, by Type, 2020-2032 ($Million)
Table 236. LAMEA Industrial Refrigeration Market, by Sales Type, 2020-2032 ($Million)
Table 237. LAMEA Industrial Refrigeration Market, by Country, 2020-2032 ($Million)
Table 238. Brazil Industrial Refrigeration Market, by Component, 2020-2032 ($Million)
Table 239. Brazil Industrial Refrigeration Market, by Refrigerant Type, 2020-2032 ($Million)
Table 240. Brazil Industrial Refrigeration Market, by Application, 2020-2032 ($Million)
Table 241. Brazil Industrial Refrigeration Market, by Type, 2020-2032 ($Million)
Table 242. Brazil Industrial Refrigeration Market, by Sales Type, 2020-2032 ($Million)
Table 243. South Africa Industrial Refrigeration Market, by Component, 2020-2032 ($Million)
Table 244. South Africa Industrial Refrigeration Market, by Refrigerant Type, 2020-2032 ($Million)
Table 245. South Africa Industrial Refrigeration Market, by Application, 2020-2032 ($Million)
Table 246. South Africa Industrial Refrigeration Market, by Type, 2020-2032 ($Million)
Table 247. South Africa Industrial Refrigeration Market, by Sales Type, 2020-2032 ($Million)
Table 248. Saudi Arabia Industrial Refrigeration Market, by Component, 2020-2032 ($Million)
Table 249. Saudi Arabia Industrial Refrigeration Market, by Refrigerant Type, 2020-2032 ($Million)
Table 250. Saudi Arabia Industrial Refrigeration Market, by Application, 2020-2032 ($Million)
Table 251. Saudi Arabia Industrial Refrigeration Market, by Type, 2020-2032 ($Million)
Table 252. Saudi Arabia Industrial Refrigeration Market, by Sales Type, 2020-2032 ($Million)
Table 253. UAE Industrial Refrigeration Market, by Component, 2020-2032 ($Million)
Table 254. UAE Industrial Refrigeration Market, by Refrigerant Type, 2020-2032 ($Million)
Table 255. UAE Industrial Refrigeration Market, by Application, 2020-2032 ($Million)
Table 256. UAE Industrial Refrigeration Market, by Type, 2020-2032 ($Million)
Table 257. UAE Industrial Refrigeration Market, by Sales Type, 2020-2032 ($Million)
Table 258. Argentina Industrial Refrigeration Market, by Component, 2020-2032 ($Million)
Table 259. Argentina Industrial Refrigeration Market, by Refrigerant Type, 2020-2032 ($Million)
Table 260. Argentina Industrial Refrigeration Market, by Application, 2020-2032 ($Million)
Table 261. Argentina Industrial Refrigeration Market, by Type, 2020-2032 ($Million)
Table 262. Argentina Industrial Refrigeration Market, by Sales Type, 2020-2032 ($Million)
Table 263. Turkey Industrial Refrigeration Market, by Component, 2020-2032 ($Million)
Table 264. Turkey Industrial Refrigeration Market, by Refrigerant Type, 2020-2032 ($Million)
Table 265. Turkey Industrial Refrigeration Market, by Application, 2020-2032 ($Million)
Table 266. Turkey Industrial Refrigeration Market, by Type, 2020-2032 ($Million)
Table 267. Turkey Industrial Refrigeration Market, by Sales Type, 2020-2032 ($Million)
Table 268. Kazakhstan Industrial Refrigeration Market, by Component, 2020-2032 ($Million)
Table 269. Kazakhstan Industrial Refrigeration Market, by Refrigerant Type, 2020-2032 ($Million)
Table 270. Kazakhstan Industrial Refrigeration Market, by Application, 2020-2032 ($Million)
Table 271. Kazakhstan Industrial Refrigeration Market, by Type, 2020-2032 ($Million)
Table 272. Kazakhstan Industrial Refrigeration Market, by Sales Type, 2020-2032 ($Million)
Table 273. Rest of LAMEA Industrial Refrigeration Market, by Component, 2020-2032 ($Million)
Table 274. Rest of LAMEA Industrial Refrigeration Market, by Refrigerant Type, 2020-2032 ($Million)
Table 275. Rest of LAMEA Industrial Refrigeration Market, by Application, 2020-2032 ($Million)
Table 276. Rest of LAMEA Industrial Refrigeration Market, by Type, 2020-2032 ($Million)
Table 277. Rest of LAMEA Industrial Refrigeration Market, by Sales Type, 2020-2032 ($Million)
Table 278. Evapco, Inc.: Key Executives
Table 279. Evapco, Inc.: Company Snapshot
Table 280. Evapco, Inc.: Product Segments
Table 281. Evapco, Inc.: Product Portfolio
Table 282. Evapco, Inc.: Key Stratergies
Table 283. Emerson Electric Co.: Key Executives
Table 284. Emerson Electric Co.: Company Snapshot
Table 285. Emerson Electric Co.: Service Segments
Table 286. Emerson Electric Co.: Product Portfolio
Table 287. Emerson Electric Co.: Key Stratergies
Table 288. Munters Group Ab: Key Executives
Table 289. Munters Group Ab: Company Snapshot
Table 290. Munters Group Ab: Product Segments
Table 291. Munters Group Ab: Product Portfolio
Table 292. Bitzer Group: Key Executives
Table 293. Bitzer Group: Company Snapshot
Table 294. Bitzer Group: Product Segments
Table 295. Bitzer Group: Product Portfolio
Table 296. Refplus: Key Executives
Table 297. Refplus: Company Snapshot
Table 298. Refplus: Product Segments
Table 299. Refplus: Product Portfolio
Table 300. Danfoss A/S: Key Executives
Table 301. Danfoss A/S: Company Snapshot
Table 302. Danfoss A/S: Product Segments
Table 303. Danfoss A/S: Product Portfolio
Table 304. Danfoss A/S: Key Stratergies
Table 305. Johnson Controls International PLC: Key Executives
Table 306. Johnson Controls International PLC: Company Snapshot
Table 307. Johnson Controls International PLC: Service Segments
Table 308. Johnson Controls International PLC: Product Portfolio
Table 309. Dover Corporation: Key Executives
Table 310. Dover Corporation: Company Snapshot
Table 311. Dover Corporation: Product Segments
Table 312. Dover Corporation: Product Portfolio
Table 313. Dover Corporation: Key Stratergies
Table 314. Gordon Brothers Industries Pty Ltd.: Key Executives
Table 315. Gordon Brothers Industries Pty Ltd.: Company Snapshot
Table 316. Gordon Brothers Industries Pty Ltd.: Product Segments
Table 317. Gordon Brothers Industries Pty Ltd.: Product Portfolio
Table 318. Mayekawa Mfg. Co. Ltd.: Key Executives
Table 319. Mayekawa Mfg. Co. Ltd.: Company Snapshot
Table 320. Mayekawa Mfg. Co. Ltd.: Product Segments
Table 321. Mayekawa Mfg. Co. Ltd.: Product Portfolio
Table 322. Lu-Ve S.P.A.: Key Executives
Table 323. Lu-Ve S.P.A.: Company Snapshot
Table 324. Lu-Ve S.P.A.: Product Segments
Table 325. Lu-Ve S.P.A.: Product Portfolio
Table 326. Gea Group AG: Key Executives
Table 327. Gea Group AG: Company Snapshot
Table 328. Gea Group AG: Product Segments
Table 329. Gea Group AG: Product Portfolio
Table 330. Gea Group AG: Key Stratergies
Table 331. Trane Technologies PLC (Thermo King): Key Executives
Table 332. Trane Technologies PLC (Thermo King): Company Snapshot
Table 333. Trane Technologies PLC (Thermo King): Product Segments
Table 334. Trane Technologies PLC (Thermo King): Product Portfolio
Table 335. Trane Technologies PLC (Thermo King): Key Stratergies
Table 336. ABB Ltd.: Key Executives
Table 337. ABB Ltd.: Company Snapshot
Table 338. ABB Ltd.: Service Segments
Table 339. ABB Ltd.: Product Portfolio
Table 340. Carrier Global Corporation: Key Executives
Table 341. Carrier Global Corporation: Company Snapshot
Table 342. Carrier Global Corporation: Product Segments
Table 343. Carrier Global Corporation: Product Portfolio
Table 344. Baltimore Aircoil Company Inc.: Key Executives
Table 345. Baltimore Aircoil Company Inc.: Company Snapshot
Table 346. Baltimore Aircoil Company Inc.: Product Segments
Table 347. Baltimore Aircoil Company Inc.: Product Portfolio
Table 348. Dorin S.P.A.: Key Executives
Table 349. Dorin S.P.A.: Company Snapshot
Table 350. Dorin S.P.A.: Product Segments
Table 351. Dorin S.P.A.: Product Portfolio
Table 352. Rivacold Srl: Key Executives
Table 353. Rivacold Srl: Company Snapshot
Table 354. Rivacold Srl: Product Segments
Table 355. Rivacold Srl: Product Portfolio
Table 356. Spx Technologies, Inc.: Key Executives
Table 357. Spx Technologies, Inc.: Company Snapshot
Table 358. Spx Technologies, Inc.: Product Segments
Table 359. Spx Technologies, Inc.: Product Portfolio
Table 360. Investment Ab Latour (Swegon Ab): Key Executives
Table 361. Investment Ab Latour (Swegon Ab): Company Snapshot
Table 362. Investment Ab Latour (Swegon Ab): Product Segments
Table 363. Investment Ab Latour (Swegon Ab): Product Portfolio
Table 364. Daikin Industries, Ltd.: Key Executives
Table 365. Daikin Industries, Ltd.: Company Snapshot
Table 366. Daikin Industries, Ltd.: Product Segments
Table 367. Daikin Industries, Ltd.: Product Portfolio
Table 368. Daikin Industries, Ltd.: Key Stratergies
List of Figures
Figure 01. Industrial Refrigeration Market, 2020-2032
Figure 02. Segmentation of Industrial Refrigeration Market, 2020-2032
Figure 03. Top Investment Pockets in Industrial Refrigeration Market (2023-2032)
Figure 04. Low Bargaining Power of Suppliers
Figure 05. Low Threat of New Entrants
Figure 06. Low Threat of Substitutes
Figure 07. Low Intensity of Rivalry
Figure 08. Low Bargaining Power of Buyers
Figure 09. Global Industrial Refrigeration Market:Drivers, Restraints and Opportunities
Figure 10. Industrial Refrigeration Market, by Component, 2020 and 2032 (%)
Figure 11. Comparative Share Analysis of Industrial Refrigeration Market for Compressor, by Country 2020 and 2032 (%)
Figure 12. Comparative Share Analysis of Industrial Refrigeration Market for Condenser, by Country 2020 and 2032 (%)
Figure 13. Comparative Share Analysis of Industrial Refrigeration Market for Control, by Country 2020 and 2032 (%)
Figure 14. Comparative Share Analysis of Industrial Refrigeration Market for Evaporators, by Country 2020 and 2032 (%)
Figure 15. Comparative Share Analysis of Industrial Refrigeration Market for Others, by Country 2020 and 2032 (%)
Figure 16. Industrial Refrigeration Market, by Refrigerant Type, 2020 and 2032 (%)
Figure 17. Comparative Share Analysis of Industrial Refrigeration Market for Ammonia, by Country 2020 and 2032 (%)
Figure 18. Comparative Share Analysis of Industrial Refrigeration Market for Carbon Dioxide, by Country 2020 and 2032 (%)
Figure 19. Comparative Share Analysis of Industrial Refrigeration Market for Hydroflurocarbon (Hfc), by Country 2020 and 2032 (%)
Figure 20. Comparative Share Analysis of Industrial Refrigeration Market for Hydrochlorofluorocarbons (Hcfc), by Country 2020 and 2032 (%)
Figure 21. Comparative Share Analysis of Industrial Refrigeration Market for Others, by Country 2020 and 2032 (%)
Figure 22. Industrial Refrigeration Market, by Application, 2020 and 2032 (%)
Figure 23. Comparative Share Analysis of Industrial Refrigeration Market for Fresh Fruits and Vegetables, by Country 2020 and 2032 (%)
Figure 24. Comparative Share Analysis of Industrial Refrigeration Market for Meat, Poultry and Fish, by Country 2020 and 2032 (%)
Figure 25. Comparative Share Analysis of Industrial Refrigeration Market for Dairy and Ice Cream, by Country 2020 and 2032 (%)
Figure 26. Comparative Share Analysis of Industrial Refrigeration Market for Beverages, by Country 2020 and 2032 (%)
Figure 27. Comparative Share Analysis of Industrial Refrigeration Market for Chemicals, by Country 2020 and 2032 (%)
Figure 28. Comparative Share Analysis of Industrial Refrigeration Market for Pharmaceuticals, by Country 2020 and 2032 (%)
Figure 29. Comparative Share Analysis of Industrial Refrigeration Market for Petrochemicals, by Country 2020 and 2032 (%)
Figure 30. Comparative Share Analysis of Industrial Refrigeration Market for Others, by Country 2020 and 2032 (%)
Figure 31. Industrial Refrigeration Market, by Type, 2020 and 2032 (%)
Figure 32. Comparative Share Analysis of Industrial Refrigeration Market for Stationary Refrigeration, by Country 2020 and 2032 (%)
Figure 33. Comparative Share Analysis of Industrial Refrigeration Market for Transport Refrigeration, by Country 2020 and 2032 (%)
Figure 34. Industrial Refrigeration Market, by Sales Type, 2020 and 2032 (%)
Figure 35. Comparative Share Analysis of Industrial Refrigeration Market for New Sales, by Country 2020 and 2032 (%)
Figure 36. Comparative Share Analysis of Industrial Refrigeration Market for Aftermarket, by Country 2020 and 2032 (%)
Figure 37. Industrial Refrigeration Market by Region, 2020 and 2032 (%)
Figure 38. U.S. Industrial Refrigeration Market, 2020-2032 ($Million)
Figure 39. Canada Industrial Refrigeration Market, 2020-2032 ($Million)
Figure 40. Mexico Industrial Refrigeration Market, 2020-2032 ($Million)
Figure 41. Germany Industrial Refrigeration Market, 2020-2032 ($Million)
Figure 42. France Industrial Refrigeration Market, 2020-2032 ($Million)
Figure 43. Italy Industrial Refrigeration Market, 2020-2032 ($Million)
Figure 44. UK Industrial Refrigeration Market, 2020-2032 ($Million)
Figure 45. Russia Industrial Refrigeration Market, 2020-2032 ($Million)
Figure 46. Belarus Industrial Refrigeration Market, 2020-2032 ($Million)
Figure 47. Croatia Industrial Refrigeration Market, 2020-2032 ($Million)
Figure 48. Czech Republic Industrial Refrigeration Market, 2020-2032 ($Million)
Figure 49. Hungary Industrial Refrigeration Market, 2020-2032 ($Million)
Figure 50. Lithuania Industrial Refrigeration Market, 2020-2032 ($Million)
Figure 51. Poland Industrial Refrigeration Market, 2020-2032 ($Million)
Figure 52. Romania Industrial Refrigeration Market, 2020-2032 ($Million)
Figure 53. Serbia and Montenegro Industrial Refrigeration Market, 2020-2032 ($Million)
Figure 54. Bulgaria Industrial Refrigeration Market, 2020-2032 ($Million)
Figure 55. Slovakia Industrial Refrigeration Market, 2020-2032 ($Million)
Figure 56. Ukraine Industrial Refrigeration Market, 2020-2032 ($Million)
Figure 57. Spain Industrial Refrigeration Market, 2020-2032 ($Million)
Figure 58. Portugal Industrial Refrigeration Market, 2020-2032 ($Million)
Figure 59. Austria Industrial Refrigeration Market, 2020-2032 ($Million)
Figure 60. Sweden Industrial Refrigeration Market, 2020-2032 ($Million)
Figure 61. Denmark Industrial Refrigeration Market, 2020-2032 ($Million)
Figure 62. Finland Industrial Refrigeration Market, 2020-2032 ($Million)
Figure 63. Norway Industrial Refrigeration Market, 2020-2032 ($Million)
Figure 64. Belgium Industrial Refrigeration Market, 2020-2032 ($Million)
Figure 65. Rest of Europe Industrial Refrigeration Market, 2020-2032 ($Million)
Figure 66. China Industrial Refrigeration Market, 2020-2032 ($Million)
Figure 67. Japan Industrial Refrigeration Market, 2020-2032 ($Million)
Figure 68. India Industrial Refrigeration Market, 2020-2032 ($Million)
Figure 69. South Korea Industrial Refrigeration Market, 2020-2032 ($Million)
Figure 70. Australia Industrial Refrigeration Market, 2020-2032 ($Million)
Figure 71. Malaysia Industrial Refrigeration Market, 2020-2032 ($Million)
Figure 72. Indonesia Industrial Refrigeration Market, 2020-2032 ($Million)
Figure 73. Singapore Industrial Refrigeration Market, 2020-2032 ($Million)
Figure 74. Rest of Asia-Pacific Industrial Refrigeration Market, 2020-2032 ($Million)
Figure 75. Brazil Industrial Refrigeration Market, 2020-2032 ($Million)
Figure 76. South Africa Industrial Refrigeration Market, 2020-2032 ($Million)
Figure 77. Saudi Arabia Industrial Refrigeration Market, 2020-2032 ($Million)
Figure 78. UAE Industrial Refrigeration Market, 2020-2032 ($Million)
Figure 79. Argentina Industrial Refrigeration Market, 2020-2032 ($Million)
Figure 80. Turkey Industrial Refrigeration Market, 2020-2032 ($Million)
Figure 81. Kazakhstan Industrial Refrigeration Market, 2020-2032 ($Million)
Figure 82. Rest of LAMEA Industrial Refrigeration Market, 2020-2032 ($Million)
Figure 83. Top Winning Strategies, by Year (2022-2023)
Figure 84. Top Winning Strategies, by Development (2022-2023)
Figure 85. Top Winning Strategies, by Company (2022-2023)
Figure 86. Product Mapping of Top 10 Players
Figure 87. Competitive Dashboard
Figure 88. Competitive Heatmap: Industrial Refrigeration Market
Figure 89. Top Player Positioning, 2020
Figure 90. Emerson Electric Co.: Net Sales, 2020-2022 ($Million)
Figure 91. Emerson Electric Co.: Research & Development Expenditure, 2020-2022 ($Million)
Figure 92. Emerson Electric Co.: Revenue Share by Segment, 2021 (%)
Figure 93. Emerson Electric Co.: Revenue Share by Region, 2021 (%)
Figure 94. Munters Group Ab: Net Sales, 2020-2022 ($Million)
Figure 95. Munters Group Ab: Research & Development Expenditure, 2020-2022 ($Million)
Figure 96. Munters Group Ab: Revenue Share by Segment, 2022 (%)
Figure 97. Munters Group Ab: Revenue Share by Region, 2022 (%)
Figure 98. Danfoss A/S: Net Sales, 2020-2022 ($Million)
Figure 99. Danfoss A/S: Research & Development Expenditure, 2020-2022 ($Million)
Figure 100. Danfoss A/S: Revenue Share by Segment, 2022 (%)
Figure 101. Danfoss A/S: Revenue Share by Region, 2022 (%)
Figure 102. Johnson Controls International PLC: Net Revenue, 2020-2022 ($Million)
Figure 103. Johnson Controls International PLC: Research & Development Expenditure, 2020-2022
Figure 104. Johnson Controls International PLC: Revenue Share by Segment, 2022 (%)
Figure 105. Johnson Controls International PLC: Revenue Share by Region, 2022 (%)
Figure 106. Dover Corporation: Net Sales, 2020-2022 ($Million)
Figure 107. Dover Corporation: Research & Development Expenditure, 2020-2022 ($Million)
Figure 108. Dover Corporation: Revenue Share by Segment, 2022 (%)
Figure 109. Dover Corporation: Revenue Share by Region, 2022 (%)
Figure 110. Lu-Ve S.P.A.: Net Sales, 2020-2022 ($Million)
Figure 111. Lu-Ve S.P.A.: Revenue Share by Segment, 2022 (%)
Figure 112. Lu-Ve S.P.A.: Revenue Share by Region, 2022 (%)
Figure 113. Gea Group AG: Net Revenue, 2020-2022 ($Million)
Figure 114. Gea Group AG: Research & Development Expenditure, 2020-2022 ($Million)
Figure 115. Gea Group AG: Revenue Share by Segment, 2022 (%)
Figure 116. Gea Group AG: Revenue Share by Region, 2022 (%)
Figure 117. Trane Technologies PLC (Thermo King): Net Sales, 2020-2022 ($Million)
Figure 118. Trane Technologies PLC (Thermo King): Research & Development Expenditure, 2020-2022 ($Million)
Figure 119. Trane Technologies PLC (Thermo King): Revenue Share by Segment, 2022 (%)
Figure 120. ABB Ltd.: Net Sales, 2020-2022 ($Million)
Figure 121. ABB Ltd.: Revenue Share by Segment, 2022 (%)
Figure 122. ABB Ltd.: Revenue Share by Region, 2022 (%)
Figure 123. Carrier Global Corporation : Net Sales, 2020-2022 ($Million)
Figure 124. Carrier Global Corporation : Research & Development Expenditure, 2020-2022 ($Million)
Figure 125. Carrier Global Corporation : Revenue Share by Region, 2022 (%)
Figure 126. Carrier Global Corporation : Revenue Share by Segment, 2022 (%)
Figure 127. Spx Technologies, Inc.: Net Sales, 2020-2022 ($Million)
Figure 128. Spx Technologies, Inc.: Research & Development Expenditure, 2020-2022 ($Million)
Figure 129. Spx Technologies, Inc.: Revenue Share by Segment, 2022 (%)
Figure 130. Spx Technologies, Inc.: Revenue Share by Region, 2022 (%)
Figure 131. Investment Ab Latour (Swegon Ab): Net Sales, 2020-2022 ($Million)
Figure 132. Investment Ab Latour (Swegon Ab): Research & Development Expenditure, 2020-2022 ($Million)
Figure 133. Investment Ab Latour (Swegon Ab): Revenue Share by Segment, 2022 (%)
Figure 134. Daikin Industries, Ltd.: Net Revenue, 2020-2022 ($Million)
Figure 135. Daikin Industries, Ltd.: Research & Development Expenditure, 2020-2022 ($Million)
Figure 136. Daikin Industries, Ltd.: Revenue Share by Segment, 2021 (%)
Figure 137. Daikin Industries, Ltd.: Revenue Share by Region, 2021 (%)

Executive Summary

According to this report, the industrial refrigeration market was valued at $24.7 billion in 2022, and is estimated to reach $41.7 billion by 2032, growing at a CAGR of 5.2% from 2023 to 2032. Industrial refrigeration encompasses all the systems that are used for maintaining a cold and refrigerated environment in the storage and transportation containers to prevent the spoilage of temperature-sensitive products from industries such as food & beverages, pharmaceuticals, chemicals, and others. In addition, the refrigeration systems such as chillers, heat exchangers, and others are also used for keeping industrial machinery cool while it is being operated.

Key factors driving the growth of the industrial refrigeration market include the growth of the cold-chain industry, the growth of food and beverages and pharmaceutical industries, and industrialization in developing economies. Refrigeration systems are integral systems of food & beverage, and pharmaceutical industries, as these industries handle and produce products that need to be stored in a refrigerated environment to prevent their decay or deterioration. A refrigeration system maintains a lower temperature where the food & beverages and pharmaceutical products are stored, preventing them from decaying, and preventing bacteria and pathogens infestation.

Both, the food & beverages, and pharmaceutical industries are witnessing a surge in growth across the world. The primary reason for the growth of the food & beverages industry is the increased disposable income of the people and change in general lifestyle trends where dining out and fast food are promoted. Thus, various companies are expanding their production capabilities. For instance, in October 2022, Hi-Food, a subsidiary of CSM Ingredients, opened its new headquarters and production plant for producing and developing ingredients for the food and beverage sectors in Parma, Italy. On the other hand, the onset of new viruses, the aging population, and the increase in the trend of health supplement consumption propels the demand in the healthcare sector including the pharmaceutical industry. The growth in food & beverages, and pharmaceutical industries have driven demand for new and sophisticated industrial refrigeration systems. Thus, various companies such as Blue Star, Carrier Global, Daikin, and others, have launched refrigeration systems for cold storage requirements from food and beverages, pharmaceutical industries, cold-chain industries, and others. For instance, in February 2021, Blue Star Limited, launched temperature-controlled refrigerators and transporters for vaccine distribution in India. Therefore, growth of food & beverage, and pharmaceutical is driving the growth of the industrial refrigeration market.

Incorporation of latest technology in the refrigeration systems is leading to more eco-friendly operation of the system, at a relatively lower cost of operation. Inclusion of Internet of Things (IoT), artificial intelligence, cloud connectivity, and others have specifically advanced the refrigeration systems industry. In addition, various companies have also introduced controls, monitoring systems, and others systems for improving safety and enhancing the productivity of the refrigeration. For instance, at AHR Expo 2020, various companies showcased their systems. Bacharach recently presented its solution for ensuring ASHRAE 15 refrigerant safety compliance. The system includes various components such as combustion and emissions analysis, leak rates reduction, VRF leak detection specifically designed for occupied spaces, and advanced analysis techniques for identifying and analyzing refrigerant gases.

The industrial refrigeration market is segmented on the basis of components, refrigerant type, application, type, sales type, and region. Depending upon the component, the market is categorized into compressor, condenser, control, evaporator, and others. On the basis of refrigerant type, it is divided into ammonia, carbon dioxide, hydrofluorocarbons (HFC), hydrochlorofluorocarbons (HCFC), and others. As per application, the market is classified into fresh fruits and vegetables, meat, poultry and fish, dairy and ice cream, beverages, chemicals, pharmaceuticals, petrochemicals, and others. Furthermore, on the basis of type, it is divided into stationary refrigeration and transport refrigeration. Depending on sales type, the market is classified into new sales and aftermarket. Region wise, it is analyzed across North America (U. S., Canada, and Mexico), Europe (Germany, France, Italy, UK, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, Malaysia, Indonesia, Singapore, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).

Competitive analysis and profiles of the major players in the industrial refrigeration market are provided in the report. Major companies in the report include Daikin Industries, Ltd., Danfoss A/S, GEA Group AG, Mayekawa Mfg. Co., Ltd., Swegon AB, Dover Corporation, Gordon Brothers Industries Pty. Ltd., EVAPCO, Inc., Munters, Kirby HVAC&R Pty Ltd., LU-VE Group, BITZER Group, Emerson Electric Co., Johnson Controls International plc, Refplus, Trane Technologies plc (Thermo King), ABB Ltd., Baltimore Aircoil Company Inc., Carrier Global Corporation, Dorin S. p.A., and Rivacold srl. Major players in order to remain competitive adopted product launch, acquisition, and expansion as their developmental strategies. For instance, in March 2022. Daikin Industries, Ltd. announced to construct a new factory for its acquired company Hubbard Products Ltd. which is based in UK. This new factory will be around 7500 square meter in size and therefore it provides sixty percent more production space.

Key Market Insights

By component, the compressor segment was the highest revenue contributor to the market and is estimated to reach $11.58 billion by 2032, with a CAGR of 4.4%.

By refrigerant type, the ammonia segment dominated the global market. However, the carbon dioxide segment is expected to be the fastest-growing segment with a CAGR of 6.3% during the forecast period.

Based on application, the meat, poultry and fish segment was the highest revenue contributor to the market, which is expected to grow at a CAGR of 4.6% during the forecast period.

By type, the stationary refrigeration segment dominated the global market. However, the transport refrigeration segment is expected to be the fast-growing segment with a CAGR of 5.7% during the forecast period.

Based on sales type, the new sales segment was the highest revenue contributor to the market, which is expected to grow at a CAGR of 5.2% during the forecast period.

Based on region, Asia-Pacific garnered the largest revenue share in 2022, and the LAMEA is anticipated to grow at the highest CAGR of 6.0% during the forecast period.

Companies Mentioned

  • EVAPCO, Inc.
  • Danfoss A/S
  • Mayekawa Mfg. Co., Ltd.
  • ABB Ltd.
  • LU-VE S.p.A.
  • Daikin Industries, Ltd.
  • Dorin S.p.A.
  • Rivacold srl
  • Investment AB Latour (Swegon AB)
  • BITZER Group
  • Gordon Brothers Industries Pty Ltd.
  • Trane Technologies plc (Thermo King)
  • GEA Group AG
  • Johnson Controls International plc
  • Refplus
  • Munters Group AB
  • SPX Technologies, Inc.
  • Emerson Electric Co.
  • Baltimore Aircoil Company Inc.
  • Carrier Global Corporation
  • Dover Corporation

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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