Report cover image

Global Refrigeration Equipment Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

Publisher GlobalInfoResearch
Published Jun 16, 2025
Length 132 Pages
SKU # GFSH20107937

Description

According to our (Global Info Research) latest study, the global Refrigeration Equipment market size was valued at US$ 30280 million in 2024 and is forecast to a readjusted size of USD 40790 million by 2031 with a CAGR of 4.4% during review period.

Commercial refrigeration equipment refers to machines and systems used for commercial refrigeration application, which generally include transport refrigeration equipment, commercial refrigerators and freezers, commercial beverage refrigerators and etc.

Global Refrigeration Equipment key players include MicrochipIngersoll Rand, Daikin Industries, Dover Corporation, Carrier, etc. Global top four manufacturers hold a share nearly 30%.

North America is the largest market, with a share about 30%, followed by China, and Europe, both have a share about 40 percent.

In terms of product, Refrigerators and Freezers is the largest segment, with a share over 50%. And in terms of application, the largest application is Food Service, followed by Food and Beverage Production, Food and Beverage Retail, Food and Beverage Distribution, etc.

This report is a detailed and comprehensive analysis for global Refrigeration Equipment market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Refrigeration Equipment market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2020-2031

Global Refrigeration Equipment market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2020-2031

Global Refrigeration Equipment market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2020-2031

Global Refrigeration Equipment market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Refrigeration Equipment

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Refrigeration Equipment market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Ingersoll Rand, Daikin Industries, Dover Corporation, Carrier, Hussmann (Panasonic), Lennox (Heatcraft), Haier, Illinois Tool Works, Whirpool, GEA, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Refrigeration Equipment market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Transport Refrigeration Equipment
Refrigerators and Freezers
Beverage Refrigerators
Others

Market segment by Application
Food Service
Food and Beverage Retail
Food and Beverage Distribution
Food and Beverage Production
Others

Major players covered
Ingersoll Rand
Daikin Industries
Dover Corporation
Carrier
Hussmann (Panasonic)
Lennox (Heatcraft)
Haier
Illinois Tool Works
Whirpool
GEA
Blue Star
AHT Cooling Systems
Alfa Laval
Guntner GmbH
Metalfrio Solutions
Beverage-Air Corporation
Yantai Moon
Fujimak
Xingxing Group
Shanghai Reindustry

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Refrigeration Equipment product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Refrigeration Equipment, with price, sales quantity, revenue, and global market share of Refrigeration Equipment from 2020 to 2025.

Chapter 3, the Refrigeration Equipment competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Refrigeration Equipment breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Refrigeration Equipment market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Refrigeration Equipment.

Chapter 14 and 15, to describe Refrigeration Equipment sales channel, distributors, customers, research findings and conclusion.

Table of Contents

132 Pages
1 Market Overview
2 Manufacturers Profiles
3 Competitive Environment: Refrigeration Equipment by Manufacturer
4 Consumption Analysis by Region
5 Market Segment by Type
6 Market Segment by Application
7 North America
8 Europe
9 Asia-Pacific
10 South America
11 Middle East & Africa
12 Market Dynamics
13 Raw Material and Industry Chain
14 Shipments by Distribution Channel
15 Research Findings and Conclusion
16 Appendix
How Do Licenses Work?
Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.