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Industrial Refrigeration Market 2025-2029

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    Report

  • 217 Pages
  • March 2025
  • Region: Global
  • TechNavio
  • ID: 5879431
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The industrial refrigeration market is forecasted to grow by USD 5.70 billion during 2024-2029, accelerating at a CAGR of 4.7% 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.

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 rapid industrialization in emerging markets, rising demand for cold storage and food processing, and rise of supermarkets and hypermarkets worldwide.

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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

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
This study identifies the growing mergers and acquisitions as one of the prime reasons driving the industrial refrigeration market growth during the next few years. Also, integration of advanced technologies and rise of modular and portable refrigeration units will lead to sizable demand in the market.

The report on the industrial refrigeration market covers the following areas:

  • Industrial Refrigeration Market sizing
  • Industrial Refrigeration Market forecast
  • Industrial Refrigeration Market industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading industrial refrigeration market vendors that include ARANER, BITZER Kuhlmaschinenbau GmbH, Chart Industries Inc., Daikin Industries Ltd., Danfoss AS, Delbert Industries Pvt. Ltd., Dorin S.p.A., Dover Corp., Emerson Electric Co., EVAPCO Inc., Frick India Ltd., Frigo System S.p.A., GEA Group AG, Geoflair Greentech India Pvt. Ltd., Guntner GmbH and Co. KG., Ingersoll Rand Inc., Johnson Controls International PLC, Kirloskar Pneumatic Co. Ltd., LUVE SpA, MAYEKAWA MFG. CO. LTD., Phillips Refrigeration, SWASTIK REFRIGERATION, and The Chemours Co. Also, the industrial refrigeration market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

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 primary and secondary research. 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 accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Component
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
Value chain analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
Chart on Global - Market size and forecast 2024-2029 ($ billion)
Data Table on Global - Market size and forecast 2024-2029 ($ billion)
Chart on Global Market: Year-over-year growth 2024-2029 (%)
Data Table on Global Market: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
5.1 Global Industrial Refrigeration Market 2019 - 2023
Historic Market Size - Data Table on Global Industrial Refrigeration Market 2019 - 2023 ($ billion)
5.2 Component segment analysis 2019 - 2023
Historic Market Size - Component Segment 2019 - 2023 ($ billion)
5.3 Type segment analysis 2019 - 2023
Historic Market Size - Type Segment 2019 - 2023 ($ billion)
5.4 Geography segment analysis 2019 - 2023
Historic Market Size - Geography Segment 2019 - 2023 ($ billion)
5.5 Country segment analysis 2019 - 2023
Historic Market Size - Country Segment 2019 - 2023 ($ billion)
6 Qualitative Analysis
6.1 Impact of AI on Global Industrial Refrigeration Market
7 Five Forces Analysis
7.1 Five forces summary
Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Component
8.1 Market segments
Chart on Component - Market share 2024-2029 (%)
Data Table on Component - Market share 2024-2029 (%)
8.2 Comparison by Component
Chart on Comparison by Component
Data Table on Comparison by Component
8.3 Compressor - Market size and forecast 2024-2029
Chart on Compressor - Market size and forecast 2024-2029 ($ billion)
Data Table on Compressor - Market size and forecast 2024-2029 ($ billion)
Chart on Compressor - Year-over-year growth 2024-2029 (%)
Data Table on Compressor - Year-over-year growth 2024-2029 (%)
8.4 Evaporator - Market size and forecast 2024-2029
Chart on Evaporator - Market size and forecast 2024-2029 ($ billion)
Data Table on Evaporator - Market size and forecast 2024-2029 ($ billion)
Chart on Evaporator - Year-over-year growth 2024-2029 (%)
Data Table on Evaporator - Year-over-year growth 2024-2029 (%)
8.5 Condenser - Market size and forecast 2024-2029
Chart on Condenser - Market size and forecast 2024-2029 ($ billion)
Data Table on Condenser - Market size and forecast 2024-2029 ($ billion)
Chart on Condenser - Year-over-year growth 2024-2029 (%)
Data Table on Condenser - Year-over-year growth 2024-2029 (%)
8.6 Control - Market size and forecast 2024-2029
Chart on Control - Market size and forecast 2024-2029 ($ billion)
Data Table on Control - Market size and forecast 2024-2029 ($ billion)
Chart on Control - Year-over-year growth 2024-2029 (%)
Data Table on Control - Year-over-year growth 2024-2029 (%)
8.7 Others - Market size and forecast 2024-2029
Chart on Others - Market size and forecast 2024-2029 ($ billion)
Data Table on Others - Market size and forecast 2024-2029 ($ billion)
Chart on Others - Year-over-year growth 2024-2029 (%)
Data Table on Others - Year-over-year growth 2024-2029 (%)
8.8 Market opportunity by Component
Market opportunity by Component ($ billion)
Data Table on Market opportunity by Component ($ billion)
9 Market Segmentation by Type
9.1 Market segments
Chart on Type - Market share 2024-2029 (%)
Data Table on Type - Market share 2024-2029 (%)
9.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
9.3 Ammonia - Market size and forecast 2024-2029
Chart on Ammonia - Market size and forecast 2024-2029 ($ billion)
Data Table on Ammonia - Market size and forecast 2024-2029 ($ billion)
Chart on Ammonia - Year-over-year growth 2024-2029 (%)
Data Table on Ammonia - Year-over-year growth 2024-2029 (%)
9.4 CO2 - Market size and forecast 2024-2029
Chart on CO2 - Market size and forecast 2024-2029 ($ billion)
Data Table on CO2 - Market size and forecast 2024-2029 ($ billion)
Chart on CO2 - Year-over-year growth 2024-2029 (%)
Data Table on CO2 - Year-over-year growth 2024-2029 (%)
9.5 Others - Market size and forecast 2024-2029
Chart on Others - Market size and forecast 2024-2029 ($ billion)
Data Table on Others - Market size and forecast 2024-2029 ($ billion)
Chart on Others - Year-over-year growth 2024-2029 (%)
Data Table on Others - Year-over-year growth 2024-2029 (%)
9.6 Market opportunity by Type
Market opportunity by Type ($ billion)
Data Table on Market opportunity by Type ($ billion)
10 Customer Landscape
10.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
11 Geographic Landscape
11.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2024-2029 (%)
Data Table on Market share By Geographical Landscape 2024-2029 (%)
11.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
11.3 North America - Market size and forecast 2024-2029
Chart on North America - Market size and forecast 2024-2029 ($ billion)
Data Table on North America - Market size and forecast 2024-2029 ($ billion)
Chart on North America - Year-over-year growth 2024-2029 (%)
Data Table on North America - Year-over-year growth 2024-2029 (%)
11.4 Europe - Market size and forecast 2024-2029
Chart on Europe - Market size and forecast 2024-2029 ($ billion)
Data Table on Europe - Market size and forecast 2024-2029 ($ billion)
Chart on Europe - Year-over-year growth 2024-2029 (%)
Data Table on Europe - Year-over-year growth 2024-2029 (%)
11.5 APAC - Market size and forecast 2024-2029
Chart on APAC - Market size and forecast 2024-2029 ($ billion)
Data Table on APAC - Market size and forecast 2024-2029 ($ billion)
Chart on APAC - Year-over-year growth 2024-2029 (%)
Data Table on APAC - Year-over-year growth 2024-2029 (%)
11.6 Middle East and Africa - Market size and forecast 2024-2029
Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ billion)
Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ billion)
Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
11.7 South America - Market size and forecast 2024-2029
Chart on South America - Market size and forecast 2024-2029 ($ billion)
Data Table on South America - Market size and forecast 2024-2029 ($ billion)
Chart on South America - Year-over-year growth 2024-2029 (%)
Data Table on South America - Year-over-year growth 2024-2029 (%)
11.8 US - Market size and forecast 2024-2029
Chart on US - Market size and forecast 2024-2029 ($ billion)
Data Table on US - Market size and forecast 2024-2029 ($ billion)
Chart on US - Year-over-year growth 2024-2029 (%)
Data Table on US - Year-over-year growth 2024-2029 (%)
11.9 China - Market size and forecast 2024-2029
Chart on China - Market size and forecast 2024-2029 ($ billion)
Data Table on China - Market size and forecast 2024-2029 ($ billion)
Chart on China - Year-over-year growth 2024-2029 (%)
Data Table on China - Year-over-year growth 2024-2029 (%)
11.10 Germany - Market size and forecast 2024-2029
Chart on Germany - Market size and forecast 2024-2029 ($ billion)
Data Table on Germany - Market size and forecast 2024-2029 ($ billion)
Chart on Germany - Year-over-year growth 2024-2029 (%)
Data Table on Germany - Year-over-year growth 2024-2029 (%)
11.11 Canada - Market size and forecast 2024-2029
Chart on Canada - Market size and forecast 2024-2029 ($ billion)
Data Table on Canada - Market size and forecast 2024-2029 ($ billion)
Chart on Canada - Year-over-year growth 2024-2029 (%)
Data Table on Canada - Year-over-year growth 2024-2029 (%)
11.12 UK - Market size and forecast 2024-2029
Chart on UK - Market size and forecast 2024-2029 ($ billion)
Data Table on UK - Market size and forecast 2024-2029 ($ billion)
Chart on UK - Year-over-year growth 2024-2029 (%)
Data Table on UK - Year-over-year growth 2024-2029 (%)
11.13 France - Market size and forecast 2024-2029
Chart on France - Market size and forecast 2024-2029 ($ billion)
Data Table on France - Market size and forecast 2024-2029 ($ billion)
Chart on France - Year-over-year growth 2024-2029 (%)
Data Table on France - Year-over-year growth 2024-2029 (%)
11.14 India - Market size and forecast 2024-2029
Chart on India - Market size and forecast 2024-2029 ($ billion)
Data Table on India - Market size and forecast 2024-2029 ($ billion)
Chart on India - Year-over-year growth 2024-2029 (%)
Data Table on India - Year-over-year growth 2024-2029 (%)
11.15 Italy - Market size and forecast 2024-2029
Chart on Italy - Market size and forecast 2024-2029 ($ billion)
Data Table on Italy - Market size and forecast 2024-2029 ($ billion)
Chart on Italy - Year-over-year growth 2024-2029 (%)
Data Table on Italy - Year-over-year growth 2024-2029 (%)
11.16 Brazil - Market size and forecast 2024-2029
Chart on Brazil - Market size and forecast 2024-2029 ($ billion)
Data Table on Brazil - Market size and forecast 2024-2029 ($ billion)
Chart on Brazil - Year-over-year growth 2024-2029 (%)
Data Table on Brazil - Year-over-year growth 2024-2029 (%)
11.17 The Netherlands - Market size and forecast 2024-2029
Chart on The Netherlands - Market size and forecast 2024-2029 ($ billion)
Data Table on The Netherlands - Market size and forecast 2024-2029 ($ billion)
Chart on The Netherlands - Year-over-year growth 2024-2029 (%)
Data Table on The Netherlands - Year-over-year growth 2024-2029 (%)
11.18 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ billion)
Data Tables on Market opportunity By Geographical Landscape ($ billion)
12 Drivers, Challenges, and Opportunity/Restraints
12.1 Market drivers
12.2 Market challenges
12.3 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
12.4 Market opportunities/restraints
13 Competitive Landscape
13.1 Overview
13.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
13.3 Landscape disruption
Overview on factors of disruption
13.4 Industry risks
Impact of key risks on business
14 Competitive Analysis
14.1 Companies profiled
Companies covered
14.2 Company ranking index
Company ranking index
14.3 Market positioning of companies
Matrix on companies position and classification
14.4 ARANER
ARANER - Overview
ARANER - Product/Service
ARANER - Key offerings
SWOT
14.5 BITZER Kuhlmaschinenbau GmbH
BITZER Kuhlmaschinenbau GmbH - Overview
BITZER Kuhlmaschinenbau GmbH - Product/Service
BITZER Kuhlmaschinenbau GmbH - Key offerings
SWOT
14.6 Chart Industries Inc.
Chart Industries Inc. - Overview
Chart Industries Inc. - Business segments
Chart Industries Inc. - Key news
Chart Industries Inc. - Key offerings
Chart Industries Inc. - Segment focus
SWOT
14.7 Daikin Industries Ltd.
Daikin Industries Ltd. - Overview
Daikin Industries Ltd. - Business segments
Daikin Industries Ltd. - Key news
Daikin Industries Ltd. - Key offerings
Daikin Industries Ltd. - Segment focus
SWOT
14.8 Danfoss AS
Danfoss AS - Overview
Danfoss AS - Product/Service
Danfoss AS - Key offerings
SWOT
14.9 Dorin S.p.A.
Dorin S.p.A. - Overview
Dorin S.p.A. - Product/Service
Dorin S.p.A. - Key offerings
SWOT
14.10 Emerson Electric Co.
Emerson Electric Co. - Overview
Emerson Electric Co. - Business segments
Emerson Electric Co. - Key news
Emerson Electric Co. - Key offerings
Emerson Electric Co. - Segment focus
SWOT
14.11 EVAPCO Inc.
EVAPCO Inc. - Overview
EVAPCO Inc. - Product/Service
EVAPCO Inc. - Key offerings
SWOT
14.12 Frick India Ltd.
Frick India Ltd. - Overview
Frick India Ltd. - Product/Service
Frick India Ltd. - Key offerings
SWOT
14.13 Frigo System S.p.A.
Frigo System S.p.A. - Overview
Frigo System S.p.A. - Product/Service
Frigo System S.p.A. - Key offerings
SWOT
14.14 GEA Group AG
GEA Group AG - Overview
GEA Group AG - Business segments
GEA Group AG - Key offerings
GEA Group AG - Segment focus
SWOT
14.15 Ingersoll Rand Inc.
Ingersoll Rand Inc. - Overview
Ingersoll Rand Inc. - Business segments
Ingersoll Rand Inc. - Key offerings
Ingersoll Rand Inc. - Segment focus
SWOT
14.16 Johnson Controls International Plc
Johnson Controls International Plc - Overview
Johnson Controls International Plc - Business segments
Johnson Controls International Plc - Key news
Johnson Controls International Plc - Key offerings
Johnson Controls International Plc - Segment focus
SWOT
14.17 Kirloskar Pneumatic Co. Ltd.
Kirloskar Pneumatic Co. Ltd. - Overview
Kirloskar Pneumatic Co. Ltd. - Product/Service
Kirloskar Pneumatic Co. Ltd. - Key offerings
SWOT
14.18 MAYEKAWA MFG. CO. LTD.
MAYEKAWA MFG. CO. LTD. - Overview
MAYEKAWA MFG. CO. LTD. - Product/Service
MAYEKAWA MFG. CO. LTD. - Key offerings
SWOT
15 Appendix
15.1 Scope of the report
15.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
15.3 Currency conversion rates for US$
Currency conversion rates for US$
15.4 Research methodology
Research methodology
15.5 Data procurement
Information sources
15.6 Data validation
Data validation
15.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
15.8 Data synthesis
Data synthesis
15.9 360 degree market analysis
360 degree market analysis
15.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Component
Exhibits 6: Executive Summary - Chart on Market Segmentation by Type
Exhibits 7: Executive Summary - Chart on Incremental Growth
Exhibits 8: Executive Summary - Data Table on Incremental Growth
Exhibits 9: Executive Summary - Chart on Company Market Positioning
Exhibits 10: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 11: Overview on criticality of inputs and factors of differentiation
Exhibits 12: Overview on factors of disruption
Exhibits 13: Impact of drivers and challenges in 2024 and 2029
Exhibits 14: Parent Market
Exhibits 15: Data Table on - Parent Market
Exhibits 16: Market characteristics analysis
Exhibits 17: Value chain analysis
Exhibits 18: Offerings of companies included in the market definition
Exhibits 19: Market segments
Exhibits 20: Chart on Global - Market size and forecast 2024-2029 ($ billion)
Exhibits 21: Data Table on Global - Market size and forecast 2024-2029 ($ billion)
Exhibits 22: Chart on Global Market: Year-over-year growth 2024-2029 (%)
Exhibits 23: Data Table on Global Market: Year-over-year growth 2024-2029 (%)
Exhibits 24: Historic Market Size - Data Table on Global Industrial Refrigeration Market 2019 - 2023 ($ billion)
Exhibits 25: Historic Market Size - Component Segment 2019 - 2023 ($ billion)
Exhibits 26: Historic Market Size - Type Segment 2019 - 2023 ($ billion)
Exhibits 27: Historic Market Size - Geography Segment 2019 - 2023 ($ billion)
Exhibits 28: Historic Market Size - Country Segment 2019 - 2023 ($ billion)
Exhibits 29: Five forces analysis - Comparison between 2024 and 2029
Exhibits 30: Bargaining power of buyers - Impact of key factors 2024 and 2029
Exhibits 31: Bargaining power of suppliers - Impact of key factors in 2024 and 2029
Exhibits 32: Threat of new entrants - Impact of key factors in 2024 and 2029
Exhibits 33: Threat of substitutes - Impact of key factors in 2024 and 2029
Exhibits 34: Threat of rivalry - Impact of key factors in 2024 and 2029
Exhibits 35: Chart on Market condition - Five forces 2024 and 2029
Exhibits 36: Chart on Component - Market share 2024-2029 (%)
Exhibits 37: Data Table on Component - Market share 2024-2029 (%)
Exhibits 38: Chart on Comparison by Component
Exhibits 39: Data Table on Comparison by Component
Exhibits 40: Chart on Compressor - Market size and forecast 2024-2029 ($ billion)
Exhibits 41: Data Table on Compressor - Market size and forecast 2024-2029 ($ billion)
Exhibits 42: Chart on Compressor - Year-over-year growth 2024-2029 (%)
Exhibits 43: Data Table on Compressor - Year-over-year growth 2024-2029 (%)
Exhibits 44: Chart on Evaporator - Market size and forecast 2024-2029 ($ billion)
Exhibits 45: Data Table on Evaporator - Market size and forecast 2024-2029 ($ billion)
Exhibits 46: Chart on Evaporator - Year-over-year growth 2024-2029 (%)
Exhibits 47: Data Table on Evaporator - Year-over-year growth 2024-2029 (%)
Exhibits 48: Chart on Condenser - Market size and forecast 2024-2029 ($ billion)
Exhibits 49: Data Table on Condenser - Market size and forecast 2024-2029 ($ billion)
Exhibits 50: Chart on Condenser - Year-over-year growth 2024-2029 (%)
Exhibits 51: Data Table on Condenser - Year-over-year growth 2024-2029 (%)
Exhibits 52: Chart on Control - Market size and forecast 2024-2029 ($ billion)
Exhibits 53: Data Table on Control - Market size and forecast 2024-2029 ($ billion)
Exhibits 54: Chart on Control - Year-over-year growth 2024-2029 (%)
Exhibits 55: Data Table on Control - Year-over-year growth 2024-2029 (%)
Exhibits 56: Chart on Others - Market size and forecast 2024-2029 ($ billion)
Exhibits 57: Data Table on Others - Market size and forecast 2024-2029 ($ billion)
Exhibits 58: Chart on Others - Year-over-year growth 2024-2029 (%)
Exhibits 59: Data Table on Others - Year-over-year growth 2024-2029 (%)
Exhibits 60: Market opportunity by Component ($ billion)
Exhibits 61: Data Table on Market opportunity by Component ($ billion)
Exhibits 62: Chart on Type - Market share 2024-2029 (%)
Exhibits 63: Data Table on Type - Market share 2024-2029 (%)
Exhibits 64: Chart on Comparison by Type
Exhibits 65: Data Table on Comparison by Type
Exhibits 66: Chart on Ammonia - Market size and forecast 2024-2029 ($ billion)
Exhibits 67: Data Table on Ammonia - Market size and forecast 2024-2029 ($ billion)
Exhibits 68: Chart on Ammonia - Year-over-year growth 2024-2029 (%)
Exhibits 69: Data Table on Ammonia - Year-over-year growth 2024-2029 (%)
Exhibits 70: Chart on CO2 - Market size and forecast 2024-2029 ($ billion)
Exhibits 71: Data Table on CO2 - Market size and forecast 2024-2029 ($ billion)
Exhibits 72: Chart on CO2 - Year-over-year growth 2024-2029 (%)
Exhibits 73: Data Table on CO2 - Year-over-year growth 2024-2029 (%)
Exhibits 74: Chart on Others - Market size and forecast 2024-2029 ($ billion)
Exhibits 75: Data Table on Others - Market size and forecast 2024-2029 ($ billion)
Exhibits 76: Chart on Others - Year-over-year growth 2024-2029 (%)
Exhibits 77: Data Table on Others - Year-over-year growth 2024-2029 (%)
Exhibits 78: Market opportunity by Type ($ billion)
Exhibits 79: Data Table on Market opportunity by Type ($ billion)
Exhibits 80: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 81: Chart on Market share By Geographical Landscape 2024-2029 (%)
Exhibits 82: Data Table on Market share By Geographical Landscape 2024-2029 (%)
Exhibits 83: Chart on Geographic comparison
Exhibits 84: Data Table on Geographic comparison
Exhibits 85: Chart on North America - Market size and forecast 2024-2029 ($ billion)
Exhibits 86: Data Table on North America - Market size and forecast 2024-2029 ($ billion)
Exhibits 87: Chart on North America - Year-over-year growth 2024-2029 (%)
Exhibits 88: Data Table on North America - Year-over-year growth 2024-2029 (%)
Exhibits 89: Chart on Europe - Market size and forecast 2024-2029 ($ billion)
Exhibits 90: Data Table on Europe - Market size and forecast 2024-2029 ($ billion)
Exhibits 91: Chart on Europe - Year-over-year growth 2024-2029 (%)
Exhibits 92: Data Table on Europe - Year-over-year growth 2024-2029 (%)
Exhibits 93: Chart on APAC - Market size and forecast 2024-2029 ($ billion)
Exhibits 94: Data Table on APAC - Market size and forecast 2024-2029 ($ billion)
Exhibits 95: Chart on APAC - Year-over-year growth 2024-2029 (%)
Exhibits 96: Data Table on APAC - Year-over-year growth 2024-2029 (%)
Exhibits 97: Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ billion)
Exhibits 98: Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ billion)
Exhibits 99: Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Exhibits 100: Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Exhibits 101: Chart on South America - Market size and forecast 2024-2029 ($ billion)
Exhibits 102: Data Table on South America - Market size and forecast 2024-2029 ($ billion)
Exhibits 103: Chart on South America - Year-over-year growth 2024-2029 (%)
Exhibits 104: Data Table on South America - Year-over-year growth 2024-2029 (%)
Exhibits 105: Chart on US - Market size and forecast 2024-2029 ($ billion)
Exhibits 106: Data Table on US - Market size and forecast 2024-2029 ($ billion)
Exhibits 107: Chart on US - Year-over-year growth 2024-2029 (%)
Exhibits 108: Data Table on US - Year-over-year growth 2024-2029 (%)
Exhibits 109: Chart on China - Market size and forecast 2024-2029 ($ billion)
Exhibits 110: Data Table on China - Market size and forecast 2024-2029 ($ billion)
Exhibits 111: Chart on China - Year-over-year growth 2024-2029 (%)
Exhibits 112: Data Table on China - Year-over-year growth 2024-2029 (%)
Exhibits 113: Chart on Germany - Market size and forecast 2024-2029 ($ billion)
Exhibits 114: Data Table on Germany - Market size and forecast 2024-2029 ($ billion)
Exhibits 115: Chart on Germany - Year-over-year growth 2024-2029 (%)
Exhibits 116: Data Table on Germany - Year-over-year growth 2024-2029 (%)
Exhibits 117: Chart on Canada - Market size and forecast 2024-2029 ($ billion)
Exhibits 118: Data Table on Canada - Market size and forecast 2024-2029 ($ billion)
Exhibits 119: Chart on Canada - Year-over-year growth 2024-2029 (%)
Exhibits 120: Data Table on Canada - Year-over-year growth 2024-2029 (%)
Exhibits 121: Chart on UK - Market size and forecast 2024-2029 ($ billion)
Exhibits 122: Data Table on UK - Market size and forecast 2024-2029 ($ billion)
Exhibits 123: Chart on UK - Year-over-year growth 2024-2029 (%)
Exhibits 124: Data Table on UK - Year-over-year growth 2024-2029 (%)
Exhibits 125: Chart on France - Market size and forecast 2024-2029 ($ billion)
Exhibits 126: Data Table on France - Market size and forecast 2024-2029 ($ billion)
Exhibits 127: Chart on France - Year-over-year growth 2024-2029 (%)
Exhibits 128: Data Table on France - Year-over-year growth 2024-2029 (%)
Exhibits 129: Chart on India - Market size and forecast 2024-2029 ($ billion)
Exhibits 130: Data Table on India - Market size and forecast 2024-2029 ($ billion)
Exhibits 131: Chart on India - Year-over-year growth 2024-2029 (%)
Exhibits 132: Data Table on India - Year-over-year growth 2024-2029 (%)
Exhibits 133: Chart on Italy - Market size and forecast 2024-2029 ($ billion)
Exhibits 134: Data Table on Italy - Market size and forecast 2024-2029 ($ billion)
Exhibits 135: Chart on Italy - Year-over-year growth 2024-2029 (%)
Exhibits 136: Data Table on Italy - Year-over-year growth 2024-2029 (%)
Exhibits 137: Chart on Brazil - Market size and forecast 2024-2029 ($ billion)
Exhibits 138: Data Table on Brazil - Market size and forecast 2024-2029 ($ billion)
Exhibits 139: Chart on Brazil - Year-over-year growth 2024-2029 (%)
Exhibits 140: Data Table on Brazil - Year-over-year growth 2024-2029 (%)
Exhibits 141: Chart on The Netherlands - Market size and forecast 2024-2029 ($ billion)
Exhibits 142: Data Table on The Netherlands - Market size and forecast 2024-2029 ($ billion)
Exhibits 143: Chart on The Netherlands - Year-over-year growth 2024-2029 (%)
Exhibits 144: Data Table on The Netherlands - Year-over-year growth 2024-2029 (%)
Exhibits 145: Market opportunity By Geographical Landscape ($ billion)
Exhibits 146: Data Tables on Market opportunity By Geographical Landscape ($ billion)
Exhibits 147: Impact of drivers and challenges in 2024 and 2029
Exhibits 148: Overview on criticality of inputs and factors of differentiation
Exhibits 149: Overview on factors of disruption
Exhibits 150: Impact of key risks on business
Exhibits 151: Companies covered
Exhibits 152: Company ranking index
Exhibits 153: Matrix on companies position and classification
Exhibits 154: ARANER - Overview
Exhibits 155: ARANER - Product/Service
Exhibits 156: ARANER - Key offerings
Exhibits 157: SWOT
Exhibits 158: BITZER Kuhlmaschinenbau GmbH - Overview
Exhibits 159: BITZER Kuhlmaschinenbau GmbH - Product/Service
Exhibits 160: BITZER Kuhlmaschinenbau GmbH - Key offerings
Exhibits 161: SWOT
Exhibits 162: Chart Industries Inc. - Overview
Exhibits 163: Chart Industries Inc. - Business segments
Exhibits 164: Chart Industries Inc. - Key news
Exhibits 165: Chart Industries Inc. - Key offerings
Exhibits 166: Chart Industries Inc. - Segment focus
Exhibits 167: SWOT
Exhibits 168: Daikin Industries Ltd. - Overview
Exhibits 169: Daikin Industries Ltd. - Business segments
Exhibits 170: Daikin Industries Ltd. - Key news
Exhibits 171: Daikin Industries Ltd. - Key offerings
Exhibits 172: Daikin Industries Ltd. - Segment focus
Exhibits 173: SWOT
Exhibits 174: Danfoss AS - Overview
Exhibits 175: Danfoss AS - Product/Service
Exhibits 176: Danfoss AS - Key offerings
Exhibits 177: SWOT
Exhibits 178: Dorin S.p.A. - Overview
Exhibits 179: Dorin S.p.A. - Product/Service
Exhibits 180: Dorin S.p.A. - Key offerings
Exhibits 181: SWOT
Exhibits 182: Emerson Electric Co. - Overview
Exhibits 183: Emerson Electric Co. - Business segments
Exhibits 184: Emerson Electric Co. - Key news
Exhibits 185: Emerson Electric Co. - Key offerings
Exhibits 186: Emerson Electric Co. - Segment focus
Exhibits 187: SWOT
Exhibits 188: EVAPCO Inc. - Overview
Exhibits 189: EVAPCO Inc. - Product/Service
Exhibits 190: EVAPCO Inc. - Key offerings
Exhibits 191: SWOT
Exhibits 192: Frick India Ltd. - Overview
Exhibits 193: Frick India Ltd. - Product/Service
Exhibits 194: Frick India Ltd. - Key offerings
Exhibits 195: SWOT
Exhibits 196: Frigo System S.p.A. - Overview
Exhibits 197: Frigo System S.p.A. - Product/Service
Exhibits 198: Frigo System S.p.A. - Key offerings
Exhibits 199: SWOT
Exhibits 200: GEA Group AG - Overview
Exhibits 201: GEA Group AG - Business segments
Exhibits 202: GEA Group AG - Key offerings
Exhibits 203: GEA Group AG - Segment focus
Exhibits 204: SWOT
Exhibits 205: Ingersoll Rand Inc. - Overview
Exhibits 206: Ingersoll Rand Inc. - Business segments
Exhibits 207: Ingersoll Rand Inc. - Key offerings
Exhibits 208: Ingersoll Rand Inc. - Segment focus
Exhibits 209: SWOT
Exhibits 210: Johnson Controls International Plc - Overview
Exhibits 211: Johnson Controls International Plc - Business segments
Exhibits 212: Johnson Controls International Plc - Key news
Exhibits 213: Johnson Controls International Plc - Key offerings
Exhibits 214: Johnson Controls International Plc - Segment focus
Exhibits 215: SWOT
Exhibits 216: Kirloskar Pneumatic Co. Ltd. - Overview
Exhibits 217: Kirloskar Pneumatic Co. Ltd. - Product/Service
Exhibits 218: Kirloskar Pneumatic Co. Ltd. - Key offerings
Exhibits 219: SWOT
Exhibits 220: MAYEKAWA MFG. CO. LTD. - Overview
Exhibits 221: MAYEKAWA MFG. CO. LTD. - Product/Service
Exhibits 222: MAYEKAWA MFG. CO. LTD. - Key offerings
Exhibits 223: SWOT
Exhibits 224: Inclusions checklist
Exhibits 225: Exclusions checklist
Exhibits 226: Currency conversion rates for US$
Exhibits 227: Research methodology
Exhibits 228: Information sources
Exhibits 229: Data validation
Exhibits 230: Validation techniques employed for market sizing
Exhibits 231: Data synthesis
Exhibits 232: 360 degree market analysis
Exhibits 233: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the global industrial refrigeration market: ARANER, BITZER Kuhlmaschinenbau GmbH, Chart Industries Inc., Daikin Industries Ltd., Danfoss AS, Delbert Industries Pvt. Ltd., Dorin S.p.A., Dover Corp., Emerson Electric Co., EVAPCO Inc., Frick India Ltd., Frigo System S.p.A., GEA Group AG, Geoflair Greentech India Pvt. Ltd., Guntner GmbH and Co. KG., Ingersoll Rand Inc., Johnson Controls International Plc, Kirloskar Pneumatic Co. Ltd., LUVE SpA, MAYEKAWA MFG. CO. LTD., Phillips Refrigeration, SWASTIK REFRIGERATION, and The Chemours Co..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing mergers and acquisitions."

According to the report, one of the major drivers for this market is the rapid industrialization in emerging markets.

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:

  • ARANER
  • BITZER Kuhlmaschinenbau GmbH
  • Chart Industries Inc.
  • Daikin Industries Ltd.
  • Danfoss AS
  • Delbert Industries Pvt. Ltd.
  • Dorin S.p.A.
  • Dover Corp.
  • Emerson Electric Co.
  • EVAPCO Inc.
  • Frick India Ltd.
  • Frigo System S.p.A.
  • GEA Group AG
  • Geoflair Greentech India Pvt. Ltd.
  • Guntner GmbH and Co. KG.
  • Ingersoll Rand Inc.
  • Johnson Controls International Plc
  • Kirloskar Pneumatic Co. Ltd.
  • LUVE SpA
  • MAYEKAWA MFG. CO. LTD.
  • Phillips Refrigeration
  • SWASTIK REFRIGERATION
  • The Chemours Co.