Global Industrial Refrigeration Equipment Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032

Market Overview

According to DIResearch＇s in-depth investigation and research, the global Industrial Refrigeration Equipment market size will reach 28,656 Million USD in 2025 and is projected to reach 41,990 Million USD by 2032, with a CAGR of 5.61% (2025-2032). Notably, the China Industrial Refrigeration Equipment market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be  Million USD, representing approximately  % of the global market share.

Research Summary

Industrial refrigeration equipment refers to a range of machinery and systems designed for cooling and maintaining low temperatures in various industrial processes, storage facilities, and manufacturing operations. This equipment plays a crucial role in preserving perishable goods, controlling temperature-sensitive processes, and facilitating the production of chilled or frozen products. Common components of industrial refrigeration systems include compressors, condensers, evaporators, expansion valves, and refrigerants. The choice of equipment depends on factors such as the scale of operations, temperature requirements, and the specific needs of the industrial application. Industries like food processing, cold storage, pharmaceuticals, and chemical manufacturing rely on industrial refrigeration equipment to ensure the quality and safety of their products. The efficient functioning of this equipment is essential for maintaining optimal conditions, preventing spoilage, and meeting regulatory standards in diverse industrial environments.

The major global  manufacturers of Industrial Refrigeration Equipment include Ingersoll Rand, Johnson Controls, Daikin, United Technologies, Danfoss, GEA, Emerson, Mayekawa, BITZER, Lennox International, Yantai Moon, Evapco, Shanghai Reindustry, LU-VE, Star Refrigeration, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.

This report studies the market size, price trends and future development prospects of Industrial Refrigeration Equipment. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Industrial Refrigeration Equipment market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.

The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Industrial Refrigeration Equipment market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Industrial Refrigeration Equipment industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.    

The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.

Global Key Manufacturers of Industrial Refrigeration Equipment Include:

Ingersoll Rand

Johnson Controls

Daikin

United Technologies

Danfoss

GEA

Emerson

Mayekawa

BITZER

Lennox International

Yantai Moon

Evapco

Shanghai Reindustry

LU-VE

Star Refrigeration

Industrial Refrigeration Equipment Product Segment Include:

Refrigeration Compressor

Evaporators Unit

Industrial Rack

Heat Exchanger

Others

Industrial Refrigeration Equipment Product Application Include:

Food & Beverage Production

Chemicals & Pharmaceuticals

Energy Industry

Logistics Industry

Others

Chapter Scope

Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend

Chapter 2: Global Industrial Refrigeration Equipment Industry PESTEL Analysis

Chapter 3: Global Industrial Refrigeration Equipment Industry Porter's Five Forces Analysis

Chapter 4: Global Industrial Refrigeration Equipment Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis

Chapter 5: Global Industrial Refrigeration Equipment Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)

Chapter 6: Global Industrial Refrigeration Equipment Sales, Revenue, Price and Forecast by Product Type

Chapter 7: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)

Chapter 8: Industrial Chain Analysis, Industrial Refrigeration Equipment Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis

Chapter 9: Research Findings and Conclusion

Chapter 10: Methodology and Data Sources Show more