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Industrial Refrigeration Systems Market by Equipment (Compressors, Condensers, Evaporators), Refrigerant Type (Ammonia, CO2, HFCS), Application (Fruits & Vegetables Processing, Beverages, Refrigerated Warehouses), & Geography - Global Forecast to 2022

Industrial Refrigeration Systems Market by Equipment (Compressors, Condensers, Evaporators), Refrigerant Type (Ammonia, CO2, HFCS), Application (Fruits & Vegetables Processing, Beverages, Refrigerated Warehouses), & Geography - Global Forecast to 2022

“Global industrial refrigeration systems market expected to grow at a significant rate”
The global industrial refrigeration systems market is expected to grow at a CAGR of 5.24% between 2016 and 2022 to reach USD 23.22 billion by 2022. Changing international regulations towards adopting environmentally-friendly refrigerants and strengthening of the cold-chain infrastructure by developing countries are some of the major factors driving the growth of the industrial refrigeration systems market worldwide. However, the market is expected to be hindered by high initial costs and other operating expenses associated with natural refrigerant-based alternatives to the existing refrigeration systems.

“Ammonia-based industrial refrigeration systems held the largest market share in 2015”
Ammonia-based industrial refrigeration systems are currently most widely used across various applications, including refrigerated warehouses, fruits and vegetables processing, and beverages industries. However, ammonia still faces issues due to its toxicity levels and possible health risks associated with its accidental leakage. Considering various properties such as excellent thermodynamic properties, high energy efficiency, non-toxicity, and non-flammability; CO2 refrigerant-based industrial refrigeration systems are expected to grow at the highest rate during the forecast period.

“North America and Asia-Pacific to hold the major markets for industrial refrigeration systems”
North America is among the most favorable market for many leading industrial refrigeration systems’ manufacturers. The refrigerated warehouses application holds a considerable demand for industrial refrigeration systems across North American region. In APAC, developing nations such as China and India hold strong potential for the growth of industrial refrigeration systems, owing to the rising demand from refrigerated transportation and refrigerated warehouses applications.

In the process of determining and verifying the market size for several segments and subsegments gathered through the secondary research, extensive primary interviews have been conducted with key people in the industrial refrigeration systems marketspace. The break-up of primary participants for the report has been shown below:
By Company Type: Tier 1– 47%, Tier 2 – 35%, and Tier 3 – 18%
By Designation: C-level Executives – 30%, Directors – 54%, and Others – 16%
By Region: Americas – 35%, Europe – 50%, Asia-Pacific – 10%, and RoW – 5%

The report profiles the key players in the industrial refrigeration systems market with their respective market share analysis. The prominent players profiled in this report are Johnson Controls, Inc. (U.S.), Emerson Electric Co. (U.S.), Ingersoll Rand Plc (Ireland), GEA Group AG (Germany), The Danfoss Group (Denmark), Daikin Industries, Ltd. (Japan), United Technologies Corporation (U.S.), Mayekawa Mfg. Co. Ltd. (Japan), Evapco, Inc. (U.S.), Lennox International Inc. (U.S.), BITZER Kuhlmaschinenbau GmbH (Germany), Baltimore Aircoil Company (U.S.), and LU-VE Group (Italy).

Study Coverage:
This research report categorizes the global industrial refrigeration systems market on the basis of equipment, refrigerant type, application, and region. The report describes market dynamics that include key drivers, restraints, challenges, and opportunities with respect to industrial refrigeration systems market and forecast the same till 2022. The Porter’s five forces analysis has also been included in the report with a description of each of its forces and its respective impact on the industrial refrigeration systems market.

The report would help leaders/new entrants in this market in the following ways:
1. This report segments the industrial refrigeration systems market comprehensively and provides the closest market size projection for all subsegments across different regions.
2. The report helps stakeholders understand the pulse of the market and provides them with the information on key drivers, restraints, challenges, and opportunities for market growth.
This report would help stakeholders understand their competitors better and gain more insights to improve their position in the business. The competitive landscape section includes competitor ecosystem, new product developments, partnerships, and mergers and acquisitions


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATION
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • LUCRATIVE GROWTH OPPORTUNITIES IN THE INDUSTRIAL REFRIGERATION SYSTEMS MARKET
    • INDUSTRIAL REFRIGERATION SYSTEMS MARKET- TOP APPLICATIONS
    • INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY APPLICATION AND GEOGRAPHY
    • NORTH AMERICA EXPECTED TO DOMINATE THE INDUSTRIAL REFRIGERATION SYSTEMS MARKET
    • INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY REFRIGERANT TYPE, (2015, 2016, AND 2022)
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET SEGMENTATION
      • BY EQUIPMENT
      • BY REFRIGERANT TYPE
      • BY APPLICATION
      • BY GEOGRAPHY
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
  • INDUSTRY TRENDS
    • INTRODUCTION
    • VALUE CHAIN ANALYSIS FOR INDUSTRIAL REFRIGERATION SYSTEMS MARKET
    • PORTER'S FIVE FORCES ANALYSIS
      • INTENSITY OF COMPETITIVE RIVALRY
      • THREAT OF SUBSTITUTES
      • BARGAINING POWER OF BUYERS
      • BARGAINING POWER OF SUPPLIERS
      • THREAT OF NEW ENTRANTS
    • POLICIES AND REGULATIONS
      • EUROPE
      • NORTH AMERICA
      • ASIA-PACIFIC
  • INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY EQUIPMENT
    • INTRODUCTION
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY EQUIPMENT, 2014-2022 (USD BILLION)
    • COMPRESSORS
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET FOR COMPRESSORS, BY TYPE, 2014-2022 (USD BILLION)
      • SCREW COMPRESSORS
      • RECIPROCATING COMPRESSORS
        • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET FOR RECIPROCATING COMPRESSORS, BY TYPE, 2014-2022 (USD MILLION)
    • CONDENSERS
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET FOR CONDENSERS, BY TYPE, 2014-2022 (USD MILLION)
      • EVAPORATIVE CONDENSERS
      • WATER-COOLED CONDENSERS
      • AIR-COOLED CONDENSERS
    • EVAPORATORS
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET FOR EVAPORATORS, BY TYPE, 2014-2022 (USD MILLION)
      • AIR COOLING EVAPORATORS
      • LIQUID COOLING EVAPORATORS
    • CONTROLS
    • VESSELS, PUMPS, VALVES, AND AUXILIARY EQUIPMENT
  • INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY REFRIGERANT TYPE
    • INTRODUCTION
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY REFRIGERANT TYPE, 2014-2022 (USD BILLION)
    • AMMONIA
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET FOR AMMONIA REFRIGERANT, BY APPLICATION, 2014-2022 (USD MILLION)
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET FOR AMMONIA REFRIGERANT, BY REGION, 2014-2022 (USD MILLION)
    • CO2 REFRIGERANT
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET FOR CO2 REFRIGERANT, BY APPLICATION, 2014-2022 (USD MILLION)
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET FOR CO2 REFRIGERANT, BY REGION, 2014-2022 (USD MILLION)
    • HFC REFRIGERANT
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET FOR HFC REFRIGERANT, BY APPLICATION, 2014-2022 (USD MILLION)
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET FOR HFC REFRIGERANT, BY REGION, 2014-2022 (USD MILLION)
    • OTHER REFRIGERANTS
      • HCFC
      • HC
        • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET FOR OTHER REFRIGERANTS, BY APPLICATION, 2014-2022 (USD MILLION)
        • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET FOR OTHER REFRIGERANTS, BY REGION, 2014-2022 (USD MILLION)
  • INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY APPLICATION
    • INTRODUCTION
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY APPLICATION, 2014-2022 (USD BILLION)
    • FRUITS & VEGETABLES PROCESSING APPLICATION
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET FOR FRUITS & VEGETABLES PROCESSING APPLICATION, BY REFRIGERANT TYPE, 2014-2022 (USD MILLION)
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET FOR FRUITS & VEGETABLES PROCESSING APPLICATION, BY REGION, 2014-2022 (USD MILLION)
    • BEVERAGE APPLICATION
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET FOR BEVERAGE APPLICATION, BY REFRIGERANT TYPE, 2014-2022 (USD MILLION)
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET FOR BEVERAGE APPLICATION, BY REGION, 2014-2022 (USD MILLION)
    • REFRIGERATED WAREHOUSE APPLICATION
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET FOR REFRIGERATED WAREHOUSE APPLICATION, BY REFRIGERANT TYPE, 2014-2022 (USD MILLION)
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET FOR REFRIGERATED WAREHOUSE APPLICATION, BY REGION, 2014-2022 (USD MILLION)
    • CHEMICALS & PHARMACEUTICALS APPLICATION
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET FOR CHEMICALS & PHARMACEUTICALS APPLICATION, BY REFRIGERANT TYPE, 2014-2022 (USD MILLION)
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET FOR CHEMICALS & PHARMACEUTICALS APPLICATION, BY REGION, 2014-2022 (USD MILLION)
    • DAIRY & ICE-CREAM PROCESSING APPLICATION
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET FOR DAIRY & ICE CREAM PROCESSING APPLICATION, BY REFRIGERANT TYPE, 2014-2022 (USD MILLION)
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET FOR DAIRY & ICE CREAM PROCESSING APPLICATION, BY REGION, 2014-2022 (USD MILLION)
    • MEAT, POULTRY, &FISH PROCESSING APPLICATION
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET FOR MEAT, POULTRY, &FISH PROCESSING APPLICATION, BY REFRIGERANT TYPE, 2014-2022 (USD MILLION)
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET FOR MEAT, POULTRY, &FISH PROCESSING APPLICATION, BY REGION, 2014-2022 (USD MILLION)
    • REFRIGERATED TRANSPORTATION APPLICATION
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET FOR REFRIGERATED TRANSPORTATION APPLICATION, BY REFRIGERANT TYPE, 2014-2022 (USD MILLION)
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET FOR REFRIGERATED TRANSPORTATION APPLICATION, BY REGION, 2014-2022 (USD MILLION)
  • INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY GEOGRAPHY
    • INTRODUCTION
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY REGION, 2014-2022 (USD BILLION)
    • NORTH AMERICA
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET IN NORTH AMERICA, BY COUNTRY, 2014-2022 (USD MILLION)
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET IN NORTH AMERICA, BY APPLICATION, 2014-2022 (USD MILLION)
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET IN NORTH AMERICA, BY REFRIGERANT TYPE, 2014-2022 (USD MILLION)
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET IN U.S., BY REFRIGERANT TYPE, 2014-2022 (USD MILLION)
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET IN U.S., BY APPLICATION, 2014-2022 (USD MILLION)
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET IN CANADA, BY REFRIGERANT TYPE, 2014-2022 (USD MILLION)
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET IN MEXICO, BY REFRIGERANT TYPE, 2014-2022 (USD MILLION)
    • EUROPE
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET IN EUROPE, BY COUNTRY, 2014-2022 (USD MILLION)
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET IN EUROPE, BY APPLICATION, 2014-2022 (USD MILLION)
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET IN EUROPE, BY REFRIGERANT TYPE, 2014-2022 (USD MILLION)
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET IN GERMANY, BY REFRIGERANT TYPE, 2014-2022 (USD MILLION)
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET IN GERMANY, BY APPLICATION, 2014-2022 (USD MILLION)
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET IN U.K., BY REFRIGERANT TYPE, 2014-2022 (USD MILLION)
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET IN U.K., BY APPLICATION, 2014-2022 (USD MILLION)
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET IN FRANCE, BY REFRIGERANT TYPE, 2014-2022 (USD MILLION)
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET IN FRANCE, BY APPLICATION, 2014-2022 (USD MILLION)
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET IN REST OF EUROPE, BY REFRIGERANT TYPE, 2014-2022 (USD MILLION)
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET IN REST OF EUROPE, BY APPLICATION, 2014-2022 (USD MILLION)
    • ASIA-PACIFIC
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET IN ASIA-PACIFIC, BY COUNTRY, 2014-2022 (USD MILLION)
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET IN ASIA-PACIFIC, BY APPLICATION, 2014-2022 (USD MILLION)
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET IN ASIA-PACIFIC, BY REFRIGRANT TYPE, 2014-2022 (USD MILLION)
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET IN CHINA, BY REFRIGERANT TYPE, 2014-2022 (USD MILLION)
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET IN CHINA, BY APPLICATION, 2014-2022 (USD MILLION)
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET IN JAPAN, BY REFRIGERANT TYPE, 2014-2022 (USD MILLION)
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET IN JAPAN, BY APPLICATION, 2014-2022 (USD MILLION)
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET IN INDIA, BY REFRIGERANT TYPE, 2014-2022 (USD MILLION)
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET IN REST OF APAC, BY REFRIGERANT TYPE, 2014-2022 (USD MILLION)
    • REST OF THE WORLD
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET IN ROW, BY COUNTRY, 2014-2022 (USD MILLION)
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET IN ROW, BY APPLICATION, 2014-2022 (USD MILLION)
      • Table INDUSTRIAL REFRIGERATION SYSTEMS MARKET IN ROW, BY REFRIGERANT TYPE, 2014-2022 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • INTRODUCTION
    • INDUSTRIAL REFRIGERATION SYSTEMS MARKET: MARKET SHARE ANALYSIS
    • COMPETITIVE SITUATIONS AND TRENDS
      • NEW PRODUCT LAUNCHES
        • Table NEW PRODUCT LAUNCHES, 2014-2016
      • EXPANSIONS
        • Table EXPANSIONS, 2014-2016
      • MERGERS & ACQUISITIONS
        • Table ACQUISITIONS, 2014-2016
      • AGREEMENTS, PARTNERSHIPS AND COLLABORATIONS
        • Table AGREEMENTS, PARTNERSHIPS AND COLLABORATIONS, 2014-2016
    • PROMINENT COMPANIES IN INDUSTRIAL REFRIGERATION SYSTEMS MARKET
  • COMPANY PROFILES
    • INTRODUCTION
    • JOHNSON CONTROLS, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • EMERSON ELECTRIC CO.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • INGERSOLL-RAND PLC
      • BUSINESS OVERVIEW
      • PRODUCT PORTFOLIO
        • Table INGERSOLL-RAND PLC : PRODUCT PORTFOLIO
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • GEA GROUP AG
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • THE DANFOSS GROUP
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • DAIKIN INDUSTRIES, LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • BITZER KUHLMASCHINENBAU GMBH
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • UNITED TECHNOLOGIES CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • MAYEKAWA MFG. CO. LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • LU-VE S.P.A.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • LENNOX INTERNATIONAL INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • EVAPCO, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • BALTIMORE AIRCOIL COMPANY, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS

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