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The industrial refrigeration market is forecasted to grow by USD 3.6 billion during 2023-2028, accelerating at a CAGR of 3.22% during the forecast period. The report on the industrial refrigeration market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by need to increase storage life of food products, growth of automotive heating, ventilation, and air conditioning (hvac) market, and market expansion by end-users.
The industrial refrigeration market is segmented as below:
By Component
- Compressor
- Evaporator
- Condenser
- Control
- Others
By Type
- Ammonia
- CO2
- Others
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
The report on the industrial refrigeration market covers the following areas:
- Industrial refrigeration market sizing
- Industrial refrigeration market forecast
- Industrial refrigeration market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Component
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global industrial refrigeration market: BITZER Kuhlmaschinenbau GmbH, Carrier Global Corp., CLAUGER, COOLPLUS COMMERCIAL REFRIGERATION and KITCHEN EQUIPMENT CO. LTD., Daikin Industries Ltd., Danfoss AS, Emerson Electric Co., EVAPCO Inc., GEA Group AG, Gordon Brothers Industries Pty Ltd, Guntner GmbH and Co. KG., Johnson Controls International Plc., LUVE SpA, MAYEKAWA MFG. CO. LTD., RefPlus, Rivacold srl, SRM Italy Srl, Star Refrigeration, Stellar, and Toromont Industries Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing pressure requirements for compressors."
According to the report, one of the major drivers for this market is the need to increase storage life of food products.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- BITZER Kuhlmaschinenbau GmbH
- Carrier Global Corp.
- CLAUGER
- COOLPLUS COMMERCIAL REFRIGERATION and KITCHEN EQUIPMENT CO. LTD.
- Daikin Industries Ltd.
- Danfoss AS
- Emerson Electric Co.
- EVAPCO Inc.
- GEA Group AG
- Gordon Brothers Industries Pty Ltd
- Guntner GmbH and Co. KG.
- Johnson Controls International Plc.
- LUVE SpA
- MAYEKAWA MFG. CO. LTD.
- RefPlus
- Rivacold srl
- SRM Italy Srl
- Star Refrigeration
- Stellar
- Toromont Industries Ltd.
