Global Refrigeration Equipment Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032
Description
Market Overview
According to DIResearch＇s in-depth investigation and research, the global Refrigeration Equipment market size will reach 33,460 Million USD in 2025 and is projected to reach 44,627 Million USD by 2032, with a CAGR of 4.20% (2025-2032). Notably, the China 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
Refrigeration equipment encompasses a broad category of machinery and devices designed for the purpose of cooling and maintaining low temperatures in various applications. This includes equipment used in both commercial and industrial settings to create controlled environments for preserving perishable goods, facilitating processes, and ensuring the comfort of occupants in air-conditioned spaces. Refrigeration equipment consists of components such as compressors, condensers, evaporators, and expansion valves, all working together in a refrigeration cycle. It is utilized in refrigerators, freezers, air conditioning units, refrigerated transport vehicles, cold storage warehouses, and other systems where temperature control is critical. The diversity of refrigeration equipment reflects its essential role in a wide range of industries, contributing to the preservation of food, the efficient operation of industrial processes, and the creation of comfortable indoor environments.
The major global manufacturers of Refrigeration Equipment include Ingersoll Rand, Daikin Industries, Dover Corporation, Carrier, Hussmann (Panasonic), Lennox (Heatcraft), Haier, Illinois Tool Works, Whirpool, GEA, Blue Star, Alfa Laval, AHT Cooling Systems, Guntner GmbH, Metalfrio Solutions, Beverage-Air Corporation, Yantai Moon, Fujimak, Xingxing Group, Shanghai Reindustry, 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 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 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 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 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 Refrigeration Equipment Include:
Ingersoll Rand
Daikin Industries
Dover Corporation
Carrier
Hussmann (Panasonic)
Lennox (Heatcraft)
Haier
Illinois Tool Works
Whirpool
GEA
Blue Star
Alfa Laval
AHT Cooling Systems
Guntner GmbH
Metalfrio Solutions
Beverage-Air Corporation
Yantai Moon
Fujimak
Xingxing Group
Shanghai Reindustry
Refrigeration Equipment Product Segment Include:
Transport Refrigeration Equipment
Refrigerators and Freezers
Beverage Refrigerators
Others
Refrigeration Equipment Product Application Include:
Food Service
Food and Beverage Retail
Food and Beverage Distribution
Food and Beverage Production
Others
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Refrigeration Equipment Industry PESTEL Analysis
Chapter 3: Global Refrigeration Equipment Industry Porter's Five Forces Analysis
Chapter 4: Global Refrigeration Equipment Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 5: Global Refrigeration Equipment Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 6: Global 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, Refrigeration Equipment Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis
Chapter 9: Research Findings and Conclusion
Chapter 10: Methodology and Data Sources
According to DIResearch＇s in-depth investigation and research, the global Refrigeration Equipment market size will reach 33,460 Million USD in 2025 and is projected to reach 44,627 Million USD by 2032, with a CAGR of 4.20% (2025-2032). Notably, the China 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
Refrigeration equipment encompasses a broad category of machinery and devices designed for the purpose of cooling and maintaining low temperatures in various applications. This includes equipment used in both commercial and industrial settings to create controlled environments for preserving perishable goods, facilitating processes, and ensuring the comfort of occupants in air-conditioned spaces. Refrigeration equipment consists of components such as compressors, condensers, evaporators, and expansion valves, all working together in a refrigeration cycle. It is utilized in refrigerators, freezers, air conditioning units, refrigerated transport vehicles, cold storage warehouses, and other systems where temperature control is critical. The diversity of refrigeration equipment reflects its essential role in a wide range of industries, contributing to the preservation of food, the efficient operation of industrial processes, and the creation of comfortable indoor environments.
The major global manufacturers of Refrigeration Equipment include Ingersoll Rand, Daikin Industries, Dover Corporation, Carrier, Hussmann (Panasonic), Lennox (Heatcraft), Haier, Illinois Tool Works, Whirpool, GEA, Blue Star, Alfa Laval, AHT Cooling Systems, Guntner GmbH, Metalfrio Solutions, Beverage-Air Corporation, Yantai Moon, Fujimak, Xingxing Group, Shanghai Reindustry, 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 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 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 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 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 Refrigeration Equipment Include:
Ingersoll Rand
Daikin Industries
Dover Corporation
Carrier
Hussmann (Panasonic)
Lennox (Heatcraft)
Haier
Illinois Tool Works
Whirpool
GEA
Blue Star
Alfa Laval
AHT Cooling Systems
Guntner GmbH
Metalfrio Solutions
Beverage-Air Corporation
Yantai Moon
Fujimak
Xingxing Group
Shanghai Reindustry
Refrigeration Equipment Product Segment Include:
Transport Refrigeration Equipment
Refrigerators and Freezers
Beverage Refrigerators
Others
Refrigeration Equipment Product Application Include:
Food Service
Food and Beverage Retail
Food and Beverage Distribution
Food and Beverage Production
Others
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Refrigeration Equipment Industry PESTEL Analysis
Chapter 3: Global Refrigeration Equipment Industry Porter's Five Forces Analysis
Chapter 4: Global Refrigeration Equipment Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 5: Global Refrigeration Equipment Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 6: Global 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, Refrigeration Equipment Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis
Chapter 9: Research Findings and Conclusion
Chapter 10: Methodology and Data Sources
Table of Contents
165 Pages
- 1 Refrigeration Equipment Market Overview
- 1.1 Product Definition and Statistical Scope
- 1.2 Refrigeration Equipment Product by Type
- 1.2.1 Transport Refrigeration Equipment
- 1.2.2 Refrigerators and Freezers
- 1.2.3 Beverage Refrigerators
- 1.2.4 Others
- 1.3 Refrigeration Equipment Product by Application
- 1.3.1 Food Service
- 1.3.2 Food and Beverage Retail
- 1.3.3 Food and Beverage Distribution
- 1.3.4 Food and Beverage Production
- 1.3.5 Others
- 1.4 Global Refrigeration Equipment Market Revenue and Sales Analysis
- 1.4.1 Global Refrigeration Equipment Revenue Market Size Analysis (2020-2032)
- 1.4.2 Global Refrigeration Equipment Sales Market Size Analysis (2020-2032)
- 1.4.3 Global Refrigeration Equipment Market Sales Price Trend Analysis (2020-2032)
- 1.5 Refrigeration Equipment Market Development Status and Trends
- 1.5.1 Refrigeration Equipment Industry Development Status Analysis
- 1.5.2 Refrigeration Equipment Industry Development Trends Analysis
- 2 Refrigeration Equipment Market PESTEL Analysis
- 2.1 Political Factors Analysis
- 2.2 Economic Factors Analysis
- 2.3 Social Factors Analysis
- 2.4 Technological Factors Analysis
- 2.5 Environmental Factors Analysis
- 2.6 Legal Factors Analysis
- 3 Refrigeration Equipment Market Porter's Five Forces Analysis
- 3.1 Competitive Rivalry
- 3.2 Threat of New Entrants
- 3.3 Bargaining Power of Suppliers
- 3.4 Bargaining Power of Buyers
- 3.5 Threat of Substitutes
- 4 Global Refrigeration Equipment Market Analysis by Country
- 4.1 Global Refrigeration Equipment Market Size Analysis by Country: 2024 VS 2025 VS 2032
- 4.1.1 Global Refrigeration Equipment Revenue and Market Share by Country (2020-2025)
- 4.1.2 Global Refrigeration Equipment Revenue and Market Share Forecast by Country (2026-2032)
- 4.2 Global Refrigeration Equipment Sales Analysis by Country: 2024 VS 2025 VS 2032
- 4.2.1 Global Refrigeration Equipment Sales and Market Share by Country (2020-2025)
- 4.2.2 Global Refrigeration Equipment Sales and Market Share Forecast by Country (2026-2032)
- 4.3 United States Refrigeration Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.4 Germany Refrigeration Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.5 Japan Refrigeration Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.6 China Refrigeration Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.7 France Refrigeration Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.8 U.K. Refrigeration Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.9 South Korea Refrigeration Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.10 Canada Refrigeration Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.11 Italy Refrigeration Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.12 Russia Refrigeration Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.13 Mexico Refrigeration Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.14 Brazil Refrigeration Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.15 India Refrigeration Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.16 Vietnam Refrigeration Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.17 Thailand Refrigeration Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.18 South Africa Refrigeration Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 5 Competition by Manufacturers
- 5.1 Global Refrigeration Equipment Market Sales, Revenue and Sales Price by Key Manufacturers (2021-2025)
- 5.1.1 Global Refrigeration Equipment Market Sales by Key Manufacturers (2021-2025)
- 5.1.2 Global Refrigeration Equipment Market Revenue by Key Manufacturers (2021-2025)
- 5.1.3 Global Refrigeration Equipment Average Sales Price by Manufacturers (2021-2025)
- 5.2 Refrigeration Equipment Competitive Landscape Analysis and Market Dynamic
- 5.2.1 Refrigeration Equipment Competitive Landscape Analysis
- 5.2.2 Global Key Manufacturers Headquarter and Key Area Sales
- 5.2.3 Market Dynamic
- 6 Refrigeration Equipment Market Analysis by Type
- 6.1 Global Refrigeration Equipment Market Revenue Analysis by Type
- 6.1.1 Global Refrigeration Equipment Market Size Analysis by Type: 2024 & 2025 & 2032
- 6.1.2 Global Refrigeration Equipment Revenue and Forecast Analysis by Type (2020-2032)
- 6.2 Global Refrigeration Equipment Sales and Forecast Analysis by Type (2020-2032)
- 6.3 Global Refrigeration Equipment Sales Price Trend Analysis by Type (2020-2032)
- 7 Key Companies Analysis
- 7.1 Ingersoll Rand
- 7.1.1 Ingersoll Rand Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.1.2 Ingersoll Rand Refrigeration Equipment Product Portfolio
- 7.1.3 Ingersoll Rand Refrigeration Equipment Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.2 Daikin Industries
- 7.2.1 Daikin Industries Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.2.2 Daikin Industries Refrigeration Equipment Product Portfolio
- 7.2.3 Daikin Industries Refrigeration Equipment Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.3 Dover Corporation
- 7.3.1 Dover Corporation Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.3.2 Dover Corporation Refrigeration Equipment Product Portfolio
- 7.3.3 Dover Corporation Refrigeration Equipment Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.4 Carrier
- 7.4.1 Carrier Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.4.2 Carrier Refrigeration Equipment Product Portfolio
- 7.4.3 Carrier Refrigeration Equipment Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.5 Hussmann (Panasonic)
- 7.5.1 Hussmann (Panasonic) Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.5.2 Hussmann (Panasonic) Refrigeration Equipment Product Portfolio
- 7.5.3 Hussmann (Panasonic) Refrigeration Equipment Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.6 Lennox (Heatcraft)
- 7.6.1 Lennox (Heatcraft) Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.6.2 Lennox (Heatcraft) Refrigeration Equipment Product Portfolio
- 7.6.3 Lennox (Heatcraft) Refrigeration Equipment Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.7 Haier
- 7.7.1 Haier Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.7.2 Haier Refrigeration Equipment Product Portfolio
- 7.7.3 Haier Refrigeration Equipment Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.8 Illinois Tool Works
- 7.8.1 Illinois Tool Works Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.8.2 Illinois Tool Works Refrigeration Equipment Product Portfolio
- 7.8.3 Illinois Tool Works Refrigeration Equipment Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.9 Whirpool
- 7.9.1 Whirpool Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.9.2 Whirpool Refrigeration Equipment Product Portfolio
- 7.9.3 Whirpool Refrigeration Equipment Market Data Analysis (Revenue, S
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