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Commercial Refrigeration Market: Global Industry Analysis, Trends, Market Size & Forecasts to 2023

Commercial Refrigeration Market: Global Industry Analysis, Trends, Market Size & Forecasts to 2023

The report on global commercial refrigeration market provides qualitative and quantitative analysis for the period of 2015 t2023. The report predicts the global commercial refrigeration market tgrow with a CAGR between 5% and 6% from 2017 t2023. The global commercial refrigeration market size was USD 37.03 billion in 2015.The study on commercial refrigeration market covers the analysis of regions such as North America, Europe, Asia Pacific, and Rest of the World. Among the geographies,North America dominated the world market with the highest market share, while Asia-pacific and Europe are the next major markets with significant growth. Asia-Pacific is anticipated tbecome the fastest growing market in terms of CAGR over the forecast period.

The report on global commercial refrigeration market is a comprehensive study of demand, market size, forecasts, trends and factors affecting the global commercial refrigeration market. Moreover, the report is collective presentation of primary and secondary research findings. In addition, it provides deep insights on the factors that driving, restraining the global commercial refrigeration market. Porter’s five forces model in the report provides insights intthe competitive rivalry in the global commercial refrigeration market over the period of 2015 – 2023. Further, IGR- Growth Matrix given in the report brings an insight on the investment areas that existing or new market players can consider.

Research methodology

• Primary Research

Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached through

1. Key Opinion Leaders associated with Infinium Global Research

2. Internal and External subject matter experts

3. Professionals and participants from LinkedIn, Hoovers, Factiva and Bloggers

Our primary research respondents typically include

1. Executives working with leading companies in the market under review

2. Product/brand/marketing managers

3. CXO level executives

4. Regional/zonal/ country managers

5. Vice President level executives.

• Secondary Research

Secondary research involves extensive exploring through the secondary sources of information available in both public domain and paid sources. At Infinium Global Research, each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources. The secondary sources of the data typically include

• Company reports and publications

• Government/institutional publications

• Trade and associations’ journals

• Databases such as WTO, OECD, and World Bank, among others.

• Websites and publications by research agencies

Report Findings

1) Drivers

• Increasing demand for frozen food and vegetables

• Rapid growth of retail sector and cold food chains

• Increasing investments in food & beverages industries

• Growing demand for transportation refrigeration

2) Restraints

• Fluctuating fuel prices

• Stringent regulations for part suppliers and OEM’s

• Slow pace in upgradation & replacement of old commercial refrigeration systems

3) Opportunities

• Refrigeration of food produce in emerging economies

• Transportation of food & beverages

• Retail sector in developing countries

• Advanced technologies and energy efficient refrigeration systems

Segments Covered

1) Global Commercial Refrigeration Market by Application

a. Food & Beverage Industry

b. Food & Beverage Distribution

c. Food Service

d. Retail Industry

e. Others

2) Global Commercial Refrigeration Market by Product Type

a. Beverage Refrigerators

b. Chillers

c. Display Cases

d. Freezers & Refrigerators

e. Ice-Making Machinery

f. Transportation Refrigeration System

g. Walk in Coolers

h. Others

Companies Profiled:

The companies covered in the report include

• AB Electrolux

• AHT Cooling Systems GmbH

• Carrier

• Daikin Industries Ltd

• Danfoss A/S

• Dover Corporation

• Haier

• Hussman Corporation

• Illinois Tool Works Inc

• Ingersoll Rand Plc

• Johnson Controls Inc

• Panasonic Corporation

• Whirlpool Corporation

Reasons tbuy this report

1) Comprehensive analysis of global as well as regional markets of commercial refrigeration

2) Complete coverage of all the applications segments tanalyze the trends, developments in commercial refrigeration market, and forecast of market size up t2023.

3) Comprehensive analysis of the companies operating in commercial refrigeration market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.

4) Infinium Global Research- Growth Matrix presents analysis of the product segments and geographies that market players should focus tinvest, consolidate, expand and/or diversify.


Commercial refrigeration is a process by which heat is removed from a room or space to cool or freeze for storing food, beverages, medicines and other products requiring storage at specific temperatures. Commercial refrigeration systems can maintain extremely lower temperatures. Commercial refrigeration helps in maintaining the freshness and quality of the food products.

1. Preface
1.1. Report Description
1.2. Research Methods
1.3. Research Approaches
2. Executive Summary
3. Global Commercial Refrigeration Market Overview
3.1. Introduction
3.2. Market Dynamics
3.2.1 Drivers
3.2.2 Restraints
3.2.3 Opportunities
3.2.4 Challenges
3.3. Porter’s Five Forces Analysis
3.4. IGR – Growth Matrix Analysis
3.5. Competitive Landscape in the Commercial Refrigeration Market
4. Global Commercial Refrigeration Market : IGR Snapshots
4.1. Global Commercial Refrigeration Market Key Trends
4.2. Global Commercial Refrigeration Market by Application
4.3. Global Commercial Refrigeration Market by Product Type
5. Global Commercial Refrigeration Market by Application (USD Million, KT) 2017 – 2023
5.1. Food & Beverage Industry
5.2. Food & Beverage Distribution
5.3. Food Service
5.4. Retail Industry
5.2. Others
6. Global Commercial Refrigeration Market by Product Type(USD Million, KT) 2017 – 2023
6.1. Beverage Refrigerators
6.2. Chillers
6.3. Display Cases
6.4. Freezers & Refrigerators
6.5. Ice-Making Machinery
6.6. Transportation Refrigeration System
6.7. Walk in Coolers
6.8. Others
7. Global Commercial Refrigeration Market Analysis, by Region (USD Million, KT) 2017 – 2023
7.1 North America
7.1.1 North America Commercial Refrigeration Market by Application (USD Million, KT)
7.1.2 North America Commercial Refrigeration Market by Product Type (USD Million, KT)
7.1.3 North America Commercial Refrigeration Market by Country (USD Million, KT)
7.2. Europe
7.2.1 Europe Commercial Refrigeration Market by Application (USD Million, KT)
7.2.2 Europe Commercial Refrigeration Market by Product Type (USD Million, KT)
7.2.3 Europe Commercial Refrigeration Market by Country (USD Million, KT)
7.3. Asia-Pacific
7.3.1 Asia-Pacific Commercial Refrigeration Market by Application (USD Million, KT)
7.3.2 Asia-Pacific Commercial Refrigeration Market byProduct Type (USD Million, KT)
7.3.3 Asia-Pacific Commercial Refrigeration Market by Country (USD Million, KT)
7.4. Rest of the World (RoW)
7.4.1 RoWCommercial Refrigeration Market by Application (USD Million, KT)
7.4.2 RoWCommercial Refrigeration Market by Product Type (USD Million, KT)
8. Company Profiles
8.1. AB Electrolux
8.2. AHT Cooling Systems GmbH
8.3. Carrier
8.4. Daikin Industries Ltd
8.5. Danfoss A/S
8.6. Dover Corporation
8.7. Haier
8.8. Hussman Corporation
8.9. Illinois Tool Works Inc
8.10 Ingersoll Rand Plc
8.11 Johnson Controls Inc
8.12 Panasonic Corporation
8.13 Whirlpool Corporation

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