Global Industrial Refrigeration Equipment Market

Global Industrial Refrigeration Equipment Market Research Report 2021

Global Industrial Refrigeration Equipment Market

Global Industrial Refrigeration Equipment Market Research Report 2021


The Industrial Refrigeration Equipment Market report highlights technological advancements, investment opportunities, and regulatory frameworks shaping the industry landscape through 2030.

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Research Predicts that Industrial Refrigeration Equipment Market was valued USD xxxx unit in 2020 and is expected to reach USD xxxx Unit by the year 2025, growing at a CAGR of xx% globally.

Global Industrial Refrigeration Equipment Market Overview:

Global Industrial Refrigeration Equipment Market Report 2020 comes with the extensive industry analysis of development components, patterns, flows and sizes. The report also calculates present and past market values to forecast potential market management through the forecast period between 2020-2025.This research study of Industrial Refrigeration Equipment involved the extensive usage of both primary and secondary data sources. This includes the study of various parameters affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry.

Impact of COVID-19 on Industrial Refrigeration Equipment Market

Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affected the Industrial Refrigeration Equipment market in 2020.

Global Industrial Refrigeration Equipment Market Segmentation

By Type, Industrial Refrigeration Equipment market has been segmented into:

Refrigeration Compressor

Evaporators Unit

Industrial Rack

Heat Exchanger

Others

By Application, Industrial Refrigeration Equipment market has been segmented into:

Food & Beverage Production

Chemicals & Pharmaceuticals

Energy Industry

Logistics Industry

Others

Regional Analysis:

North America (U.S., Canada, Mexico)

Europe (Germany, U.K., France, Italy, Russia, Spain etc.)

Asia-Pacific (China, India, Japan, Southeast Asia etc.)

South America (Brazil, Argentina etc.)

Middle East & Africa (Saudi Arabia, South Africa etc.)

Top Key Players Covered in Industrial Refrigeration Equipment market are:

Ingersoll Rand

Johnson Controls

Daikin

United Technologies Corporation

Danfoss

GEA Group

Emerson

Mayekawa

BITZER

Lennox International

Yantai Moon

Evapco

Shanghai Reindustry

LU-VE Group

Star Refrigeration

1. Market Overview of Industrial Refrigeration Equipment

1.1 Industrial Refrigeration Equipment Market Overview

1.1.1 Industrial Refrigeration Equipment Product Scope

1.1.2 Market Status and Outlook

1.2 Industrial Refrigeration Equipment Market Size by Regions: 2015 VS 2021 VS 2026

1.3 Industrial Refrigeration Equipment Historic Market Size by Regions (2015-2020)

1.4 Industrial Refrigeration Equipment Forecasted Market Size by Regions (2021-2026)

1.5 Covid-19 Impact on Key Regions, Keyword Market Size YoY Growth (2015-2026)

1.5.1 North America

1.5.2 East Asia

1.5.3 Europe

1.5.4 South Asia

1.5.5 Southeast Asia

1.5.6 Middle East

1.5.7 Africa

1.5.8 Oceania

1.5.9 South America

1.5.10 Rest of the World

1.6 Coronavirus Disease 2019 (Covid-19) Impact Will Have a Severe Impact on Global Growth

1.6.1 Covid-19 Impact: Global GDP Growth, 2019, 2020 and 2021 Projections

1.6.2 Covid-19 Impact: Commodity Prices Indices

1.6.3 Covid-19 Impact: Global Major Government Policy

2. Covid-19 Impact Industrial Refrigeration Equipment Sales Market by Type (2015-2026)

2.1 Global Industrial Refrigeration Equipment Historic Market Size by Type (2015-2020)

2.2 Global Industrial Refrigeration Equipment Forecasted Market Size by Type (2021-2026)

2.3 Refrigeration Compressor

2.4 Evaporators Unit

2.5 Industrial Rack

2.6 Heat Exchanger

2.7 Others

3. Covid-19 Impact Industrial Refrigeration Equipment Sales Market by Application (2015-2026)

3.1 Global Industrial Refrigeration Equipment Historic Market Size by Application (2015-2020)

3.2 Global Industrial Refrigeration Equipment Forecasted Market Size by Application (2021-2026)

3.3 Food & Beverage Production

3.4 Chemicals & Pharmaceuticals

3.5 Energy Industry

3.6 Logistics Industry

3.7 Others

4. Covid-19 Impact Market Competition by Manufacturers

4.1 Global Industrial Refrigeration Equipment Production Capacity Market Share by Manufacturers (2015-2020)

4.2 Global Industrial Refrigeration Equipment Revenue Market Share by Manufacturers (2015-2020)

4.3 Global Industrial Refrigeration Equipment Average Price by Manufacturers (2015-2020)

5. Company Profiles and Key Figures in Industrial Refrigeration Equipment Business

5.1 Ingersoll Rand

5.1.1 Ingersoll Rand Company Profile

5.1.2 Ingersoll Rand Industrial Refrigeration Equipment Product Specification

5.1.3 Ingersoll Rand Industrial Refrigeration Equipment Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.2 Johnson Controls

5.2.1 Johnson Controls Company Profile

5.2.2 Johnson Controls Industrial Refrigeration Equipment Product Specification

5.2.3 Johnson Controls Industrial Refrigeration Equipment Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.3 Daikin

5.3.1 Daikin Company Profile

5.3.2 Daikin Industrial Refrigeration Equipment Product Specification

5.3.3 Daikin Industrial Refrigeration Equipment Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.4 United Technologies Corporation

5.4.1 United Technologies Corporation Company Profile

5.4.2 United Technologies Corporation Industrial Refrigeration Equipment Product Specification

5.4.3 United Technologies Corporation Industrial Refrigeration Equipment Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.5 Danfoss

5.5.1 Danfoss Company Profile

5.5.2 Danfoss Industrial Refrigeration Equipment Product Specification

5.5.3 Danfoss Industrial Refrigeration Equipment Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.6 GEA Group

5.6.1 GEA Group Company Profile

5.6.2 GEA Group Industrial Refrigeration Equipment Product Specification

5.6.3 GEA Group Industrial Refrigeration Equipment Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.7 Emerson

5.7.1 Emerson Company Profile

5.7.2 Emerson Industrial Refrigeration Equipment Product Specification

5.7.3 Emerson Industrial Refrigeration Equipment Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.8 Mayekawa

5.8.1 Mayekawa Company Profile

5.8.2 Mayekawa Industrial Refrigeration Equipment Product Specification

5.8.3 Mayekawa Industrial Refrigeration Equipment Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.9 BITZER

5.9.1 BITZER Company Profile

5.9.2 BITZER Industrial Refrigeration Equipment Product Specification

5.9.3 BITZER Industrial Refrigeration Equipment Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.10 Lennox International

5.10.1 Lennox International Company Profile

5.10.2 Lennox International Industrial Refrigeration Equipment Product Specification

5.10.3 Lennox International Industrial Refrigeration Equipment Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.11 Yantai Moon

5.11.1 Yantai Moon Company Profile

5.11.2 Yantai Moon Industrial Refrigeration Equipment Product Specification

5.11.3 Yantai Moon Industrial Refrigeration Equipment Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.12 Evapco

5.12.1 Evapco Company Profile

5.12.2 Evapco Industrial Refrigeration Equipment Product Specification

5.12.3 Evapco Industrial Refrigeration Equipment Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.13 Shanghai Reindustry

5.13.1 Shanghai Reindustry Company Profile

5.13.2 Shanghai Reindustry Industrial Refrigeration Equipment Product Specification

5.13.3 Shanghai Reindustry Industrial Refrigeration Equipment Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.14 LU-VE Group

5.14.1 LU-VE Group Company Profile

5.14.2 LU-VE Group Industrial Refrigeration Equipment Product Specification

5.14.3 LU-VE Group Industrial Refrigeration Equipment Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.15 Star Refrigeration

5.15.1 Star Refrigeration Company Profile

5.15.2 Star Refrigeration Industrial Refrigeration Equipment Product Specification

5.15.3 Star Refrigeration Industrial Refrigeration Equipment Production Capacity, Revenue, Price and Gross Margin (2015-2020)

6. North America

6.1 North America Industrial Refrigeration Equipment Market Size (2015-2026)

6.2 North America Industrial Refrigeration Equipment Key Players in North America (2015-2020)

6.3 North America Industrial Refrigeration Equipment Market Size by Type (2015-2020)

6.4 North America Industrial Refrigeration Equipment Market Size by Application (2015-2020)

7. East Asia

7.1 East Asia Industrial Refrigeration Equipment Market Size (2015-2026)

7.2 East Asia Industrial Refrigeration Equipment Key Players in North America (2015-2020)

7.3 East Asia Industrial Refrigeration Equipment Market Size by Type (2015-2020)

7.4 East Asia Industrial Refrigeration Equipment Market Size by Application (2015-2020)

8. Europe

8.1 Europe Industrial Refrigeration Equipment Market Size (2015-2026)

8.2 Europe Industrial Refrigeration Equipment Key Players in North America (2015-2020)

8.3 Europe Industrial Refrigeration Equipment Market Size by Type (2015-2020)

8.4 Europe Industrial Refrigeration Equipment Market Size by Application (2015-2020)

9. South Asia

9.1 South Asia Industrial Refrigeration Equipment Market Size (2015-2026)

9.2 South Asia Industrial Refrigeration Equipment Key Players in North America (2015-2020)

9.3 South Asia Industrial Refrigeration Equipment Market Size by Type (2015-2020)

9.4 South Asia Industrial Refrigeration Equipment Market Size by Application (2015-2020)

10. Southeast Asia

10.1 Southeast Asia Industrial Refrigeration Equipment Market Size (2015-2026)

10.2 Southeast Asia Industrial Refrigeration Equipment Key Players in North America (2015-2020)

10.3 Southeast Asia Industrial Refrigeration Equipment Market Size by Type (2015-2020)

10.4 Southeast Asia Industrial Refrigeration Equipment Market Size by Application (2015-2020)

11. Middle East

11.1 Middle East Industrial Refrigeration Equipment Market Size (2015-2026)

11.2 Middle East Industrial Refrigeration Equipment Key Players in North America (2015-2020)

11.3 Middle East Industrial Refrigeration Equipment Market Size by Type (2015-2020)

11.4 Middle East Industrial Refrigeration Equipment Market Size by Application (2015-2020)

12. Africa

12.1 Africa Industrial Refrigeration Equipment Market Size (2015-2026)

12.2 Africa Industrial Refrigeration Equipment Key Players in North America (2015-2020)

12.3 Africa Industrial Refrigeration Equipment Market Size by Type (2015-2020)

12.4 Africa Industrial Refrigeration Equipment Market Size by Application (2015-2020)

13. Oceania

13.1 Oceania Industrial Refrigeration Equipment Market Size (2015-2026)

13.2 Oceania Industrial Refrigeration Equipment Key Players in North America (2015-2020)

13.3 Oceania Industrial Refrigeration Equipment Market Size by Type (2015-2020)

13.4 Oceania Industrial Refrigeration Equipment Market Size by Application (2015-2020)

14. South America

14.1 South America Industrial Refrigeration Equipment Market Size (2015-2026)

14.2 South America Industrial Refrigeration Equipment Key Players in North America (2015-2020)

14.3 South America Industrial Refrigeration Equipment Market Size by Type (2015-2020)

14.4 South America Industrial Refrigeration Equipment Market Size by Application (2015-2020)

15. Rest of the World

15.1 Rest of the World Industrial Refrigeration Equipment Market Size (2015-2026)

15.2 Rest of the World Industrial Refrigeration Equipment Key Players in North America (2015-2020)

15.3 Rest of the World Industrial Refrigeration Equipment Market Size by Type (2015-2020)

15.4 Rest of the World Industrial Refrigeration Equipment Market Size by Application (2015-2020)

16 Industrial Refrigeration Equipment Market Dynamics

16.1 Covid-19 Impact Market Top Trends

16.2 Covid-19 Impact Market Drivers

16.3 Covid-19 Impact Market Challenges

16.4 Porter’s Five Forces Analysis

18 Regulatory Information

17 Analyst's Viewpoints/Conclusions

18 Appendix

18.1 Research Methodology

18.1.1 Methodology/Research Approach

18.1.2 Data Source

18.2 Disclaimer

Research Methodology:
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Industrial Refrigeration Equipment Market Size Estimation

To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.

Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.

Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.

We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.

Data Source

Secondary Sources

This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.

These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.

Market Size
  • Segmental value
  • Geographic Penetration
  • Product Adoption Rate for Different market
  • Journals, Websites, and Press Releases
  • Annual Reports and SEC Filings
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Market Intellix Data Repository
Market Position of Top Company
  • Product Financials
  • Geographic value Mix
  • Total Company value
  • Business/Segmental value Mix
Qualitative Analysis
  • Influence Factors
  • Market Potential
  • Market Risks and Opportunities
  • Industry Trends
  • Geographical Features
  • Government Policies
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Annual Reports
  • Industry Associations
  • Market Intellix Data Repository

Primary Sources

As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.

On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.

These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.

Key Data Information from Primary Sources

Primary Sources Parameters Key Data
Market Segments(by Application, by Type)
  • Value by Type
  • Status and Forecast
  • Value by Application
  • Value by Regions, Status and Forecast (2025-2031)
  • Value Market Share by Type
  • Value Growth Rate by Type
  • Value by Application
  • Percentage and Growth Rate by Application
  • Value Growth Rate and Market Share by Regions
  • Market Size Status and Forecast (2025-2031)
Total Market
  • Overall Size, Status and Forecast
  • Market Size Status and Forecast (2025-2031)
Frequently asked questions(FAQ's):
Who are the dominant players having a strong presence in the Industrial Refrigeration Equipment Market?
Some of the finest and top-notch companies pioneering the Industrial Refrigeration Equipment Market are Ingersoll Rand, Johnson Controls, Daikin, United Technologies Corporation, Danfoss, GEA Group, Emerson, Mayekawa, BITZER, Lennox International, Yantai Moon, Evapco, Shanghai Reindustry, LU-VE Group, Star Refrigeration.
What trends are influencing the growth of the Industrial Refrigeration Equipment Market?
New players are entering the Industrial Refrigeration Equipment Market, while established companies are changing their business models and strategies. This pattern is likely to continue for the foreseeable future.
Who are the significant end-users in the Industrial Refrigeration Equipment Market?
The key end-users in the Industrial Refrigeration Equipment Market are Food & Beverage Production, Chemicals & Pharmaceuticals, Energy Industry, Logistics Industry, Others
What is the size of the Industrial Refrigeration Equipment Industry?
According to the report, the Industrial Refrigeration Equipment Industry will grow to USD XXX Million by 2030, with a YY% CAGR.
What challenges does the Industrial Refrigeration Equipment Market face in the future?
The convergence of various vital triggers, including a major slowdown in Western economies, and some critical points in globalization, leads to the transformation of business in the Industrial Refrigeration Equipment Market across the extensive corporate landscape.
How is the competitive landscape for the Industrial Refrigeration Equipment Market defined?
Companies in the Industrial Refrigeration Equipment Industry are thoroughly researched and profiled in order to determine why certain trends will have a significant impact and how they will be factored into the Industrial Refrigeration Equipment Market's trajectory and future outlook.