Industrial Refrigeration Systems Market Research Report: By Equipment Type (Compressors, Condensers, Evaporators, Controls), Refrigerant Type (Ammonia, Carbon Dioxide, Hydrofluorocarbon), Application (Food & Beverages, Chemicals & Pharmaceuticals, Oil & Gas) - Global Industry Analysis and Growth Forecast to 2030

Chapter 1. Research Background

1.1 Research Objectives

1.2 Market Definition

1.3 Research Scope

1.3.1 Market Segmentation by Equipment Type

1.3.2 Market Segmentation by Refrigerant Type

1.3.3 Market Segmentation by Application

1.3.4 Market Segmentation by Region

1.3.5 Analysis Period

1.3.6 Market Data Reporting Unit

1.3.6.1 Value

1.3.6.2 Volume

1.4 Key Stakeholders

Chapter 2. Research Methodology

2.1 Secondary Research

2.2 Primary Research

2.2.1 Breakdown of Primary Research Respondents

2.2.1.1 By region

2.2.1.2 By industry participant

2.2.1.3 By company type

2.3 Market Size Estimation

2.4 Data Triangulation

2.5 Assumptions for the Study

Chapter 3. Executive Summary

Chapter 4. Introduction

4.1 Definition of Market Segments

4.1.1 By Equipment Type

4.1.1.1 Compressors

4.1.1.2 Condensers

4.1.1.3 Evaporators

4.1.1.4 Controls

4.1.1.5 Others

4.1.2 By Refrigerant Type

4.1.2.1 Ammonia

4.1.2.2 CO2

4.1.2.3 HFC

4.1.2.4 Others

4.1.3 By Application

4.1.3.1 Food & beverages

4.1.3.2 Chemicals & pharmaceuticals

4.1.3.3 Oil & gas

4.1.3.4 Others

4.2 Value Chain Analysis

4.3 Market Dynamics

4.3.1 Trends

4.3.1.1 Adoption of environment-friendly refrigerants

4.3.1.2 Rising concerns toward health and safety

4.3.1.3 Increasing use of screw compressors

4.3.2 Drivers

4.3.2.1 Growing food and beverages processing industry in developing countries

4.3.2.2 Surge in global cold chain market

4.3.2.3 Increasing use of refrigeration in chemical and pharmaceutical industries

4.3.2.4 Impact analysis of drivers on market forecast

4.3.3 Restraints

4.3.3.1 Fragmented supply chain of food and beverage processing industry

4.3.3.2 High energy consumption and maintenance cost

4.3.3.3 Impact analysis of restraints on market forecast

4.3.4 Opportunities

4.3.4.1 Growing popularity for carbon dioxide/ammonia cascade refrigeration systems

4.4 Impact of COVID-19 on Industrial Refrigeration Systems Market

4.4.1 Current scenario

4.4.2 COVID-19 scenario

4.4.3 Future scenario

4.5 Porter’s Five Forces Analysis

Chapter 5. Global Market Size and Forecast

5.1 By Equipment Type

5.1.1 Compressors, by Type

5.1.2 Condensers, by Type

5.1.3 Evaporators, by Type

5.2 By Refrigerant Type

5.3 By Application

5.4 By Region

Chapter 6. North America Market Size and Forecast

6.1 By Equipment Type

6.2 By Refrigerant Type

6.3 By Application

6.4 By Country

Chapter 7. Europe Market Size and Forecast

7.1 By Equipment Type

7.2 By Refrigerant Type

7.3 By Application

7.4 By Country

Chapter 8. APAC Market Size and Forecast

8.1 By Equipment Type

8.2 By Refrigerant Type

8.3 By Application

8.4 By Country

Chapter 9. LATAM Market Size and Forecast

9.1 By Equipment Type

9.2 By Refrigerant Type

9.3 By Application

9.4 By Country

Chapter 10. MEA Market Size and Forecast

10.1 By Equipment Type

10.2 By Refrigerant Type

10.3 By Application

10.4 By Country

Chapter 11. Competitive Landscape

11.1 List of Players and Their Offerings

11.2 Comparison of Key Players

11.3 Market Share Analysis of Key Players

11.4 Recent Activities of Major Players

11.5 Global Strategic Developments of Key Players

11.5.1 Mergers and Acquisitions

11.5.2 Product Launches

11.5.3 Partnerships

11.5.4 Geographic Expansions

11.5.5 Other Developments

Chapter 12. Company Profiles

12.1 Trane Technologies plc

12.1.1 Business Overview

12.1.2 Product and Service Offerings

12.1.3 Key Financial Summary

12.2 Carrier Global Corporation

12.2.1 Business Overview

12.2.2 Product and Service Offerings

12.2.3 Key Financial Summary

12.3 Hussmann Corporation

12.3.1 Business Overview

12.3.2 Product and Service Offerings

12.4 Dover Corporation

12.4.1 Business Overview

12.4.2 Product and Service Offerings

12.4.3 Key Financial Summary

12.5 Daikin Industries Ltd.

12.5.1 Business Overview

12.5.2 Product and Service Offerings

12.5.3 Key Financial Summary

12.6 Johnson Controls International PLC

12.6.1 Business Overview

12.6.2 Product and Service Offerings

12.6.3 Key Financial Summary

12.7 Midea Group Co. Ltd.

12.7.1 Business Overview

12.7.2 Product and Service Offerings

12.7.3 Key Financial Summary

12.8 Industrial Frigo SRL.

12.8.1 Business Overview

12.8.2 Product and Service Offerings

12.9 GEA Group Aktiengesellschaft

12.9.1 Business Overview

12.9.2 Product and Service Offerings

12.9.3 Key Financial Summary

12.10 Emerson Electric Co.

12.10.1 Business overview

12.10.2 Product and service offerings

12.10.3 Key financial summary

12.11 BITZER Kühlmaschinenbau GmbH

12.11.1 Business Overview

12.11.2 Product and Service Offerings

12.12 Danfoss A/S

12.12.1 Business Overview

12.12.2 Product and Service Offerings

12.12.3 Key Financial Summary

12.13 Star Refrigeration Ltd.

12.13.1 Business Overview

12.13.2 Product and Service Offerings

12.14 Mayekawa Mfg. Co. Ltd.

12.14.1 Business Overview

12.14.2 Product and Service Offerings

Chapter 13. Appendix

13.1 Abbreviations

13.2 Sources and References

13.3 Related Reports

 

List of Tables

 

TABLE 1 ANALYSIS PERIOD OF THE STUDY

TABLE 2 DRIVERS FOR THE MARKET: IMPACT ANALYSIS

TABLE 3 RESTRAINTS FOR THE MARKET: IMPACT ANALYSIS

TABLE 4 COVID-19 IMPACT ANALYSIS ON DIFFERENT SECTORS

TABLE 5 GLOBAL INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY EQUIPMENT TYPE, $M (2019–2024)

TABLE 6 GLOBAL INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY EQUIPMENT TYPE, $M (2025–2030)

TABLE 7 GLOBAL INDUSTRIAL REFRIGERATION COMPRESSORS MARKET, BY TYPE, $M (2019–2024)

TABLE 8 GLOBAL INDUSTRIAL REFRIGERATION COMPRESSORS MARKET, BY TYPE, $M (2025–2030)

TABLE 9 GLOBAL INDUSTRIAL REFRIGERATION CONDENSERS MARKET, BY TYPE, $M (2019–2024)

TABLE 10 GLOBAL INDUSTRIAL REFRIGERATION CONDENSERS MARKET, BY TYPE, $M (2025–2030)

TABLE 11 GLOBAL INDUSTRIAL REFRIGERATION EVAPORATORS MARKET, BY TYPE, $M (2019–2024)

TABLE 12 GLOBAL INDUSTRIAL REFRIGERATION EVAPORATORS MARKET, BY TYPE, $M (2025–2030)

TABLE 13 GLOBAL INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY REFRIGERANT TYPE, $M (2019–2024)

TABLE 14 GLOBAL INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY REFRIGERANT TYPE, $M (2025–2030)

TABLE 15 GLOBAL INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY REFRIGERANT TYPE, ‘000 UNITS (2019–2024)

TABLE 16 GLOBAL INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY REFRIGERANT TYPE, ‘000 UNITS (2025–2030)

TABLE 17 GLOBAL INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY APPLICATION, $M (2019–2024)

TABLE 18 GLOBAL INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY APPLICATION, $M (2025–2030)

TABLE 19 GLOBAL INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY APPLICATION, ‘000 UNITS (2019–2024)

TABLE 20 GLOBAL INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY APPLICATION, ‘000 UNITS (2025–2030)

TABLE 21 GLOBAL INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY REGION, $M (2019–2024)

TABLE 22 GLOBAL INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY REGION, $M (2025–2030)

TABLE 23 GLOBAL INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY REGION, ‘000 UNITS (2019–2024)

TABLE 24 GLOBAL INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY REGION, ‘000 UNITS (2025–2030)

TABLE 25 NORTH AMERICA INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY EQUIPMENT TYPE, $M (2019–2024)

TABLE 26 NORTH AMERICA INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY EQUIPMENT TYPE, $M (2025–2030)

TABLE 27 NORTH AMERICA INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY REFRIGERANT TYPE, $M (2019–2024)

TABLE 28 NORTH AMERICA INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY REFRIGERANT TYPE, $M (2025–2030)

TABLE 29 NORTH AMERICA INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY REFRIGERANT TYPE, ‘000 UNITS (2019–2024)

TABLE 30 NORTH AMERICA INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY REFRIGERANT TYPE, ‘000 UNITS (2025–2030)

TABLE 31 NORTH AMERICA INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY APPLICATION, $M (2019–2024)

TABLE 32 NORTH AMERICA INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY APPLICATION, $M (2025–2030)

TABLE 33 NORTH AMERICA INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY APPLICATION, ‘000 UNITS (2019–2024)

TABLE 34 NORTH AMERICA INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY APPLICATION, ‘000 UNITS (2025–2030)

TABLE 35 NORTH AMERICA INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY COUNTRY, $M (2019–2024)

TABLE 36 NORTH AMERICA INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY COUNTRY, $M (2025–2030)

TABLE 37 NORTH AMERICA INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY COUNTRY, ‘000 UNITS (2019–2024)

TABLE 38 NORTH AMERICA INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY COUNTRY, ‘000 UNITS (2025–2030)

TABLE 39 EUROPE INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY EQUIPMENT TYPE, $M (2019–2024)

TABLE 40 EUROPE INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY EQUIPMENT TYPE, $M (2025–2030)

TABLE 41 EUROPE INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY REFRIGERANT TYPE, $M (2019–2024)

TABLE 42 EUROPE INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY REFRIGERANT TYPE, $M (2025–2030)

TABLE 43 EUROPE INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY REFRIGERANT TYPE, ‘000 UNITS (2019–2024)

TABLE 44 EUROPE INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY REFRIGERANT TYPE, ‘000 UNITS (2025–2030)

TABLE 45 EUROPE INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY APPLICATION, $M (2019–2024)

TABLE 46 EUROPE INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY APPLICATION, $M (2025–2030)

TABLE 47 EUROPE INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY APPLICATION, ‘000 UNITS (2019–2024)

TABLE 48 EUROPE INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY APPLICATION, ‘000 UNITS (2025–2030)

TABLE 49 EUROPE INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY COUNTRY, $M (2019–2024)

TABLE 50 EUROPE INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY COUNTRY, $M (2025–2030)

TABLE 51 EUROPE INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY COUNTRY, ‘000 UNITS (2019–2024)

TABLE 52 EUROPE INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY COUNTRY, ‘000 UNITS (2025–2030)

TABLE 53 APAC INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY EQUIPMENT TYPE, $M (2019–2024)

TABLE 54 APAC INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY EQUIPMENT TYPE, $M (2025–2030)

TABLE 55 APAC INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY REFRIGERANT TYPE, $M (2019–2024)

TABLE 56 APAC INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY REFRIGERANT TYPE, $M (2025–2030)

TABLE 57 APAC INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY REFRIGERANT TYPE, ‘000 UNITS (2019–2024)

TABLE 58 APAC INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY REFRIGERANT TYPE, ‘000 UNITS (2025–2030)

TABLE 59 APAC INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY APPLICATION, $M (2019–2024)

TABLE 60 APAC INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY APPLICATION, $M (2025–2030)

TABLE 61 APAC INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY APPLICATION, ‘000 UNITS (2019–2024)

TABLE 62 APAC INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY APPLICATION, ‘000 UNITS (2025–2030)

TABLE 63 APAC INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY COUNTRY, $M (2019–2024)

TABLE 64 APAC INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY COUNTRY, $M (2025–2030)

TABLE 65 APAC INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY COUNTRY, ‘000 UNITS (2019–2024)

TABLE 66 APAC INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY COUNTRY, ‘000 UNITS (2025–2030)

TABLE 67 LATAM INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY EQUIPMENT TYPE, $M (2019–2024)

TABLE 68 LATAM INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY EQUIPMENT TYPE, $M (2025–2030)

TABLE 69 LATAM INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY REFRIGERANT TYPE, $M (2019–2024)

TABLE 70 LATAM INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY REFRIGERANT TYPE, $M (2025–2030)

TABLE 71 LATAM INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY REFRIGERANT TYPE, ‘000 UNITS (2019–2024)

TABLE 72 LATAM INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY REFRIGERANT TYPE, ‘000 UNITS (2025–2030)

TABLE 73 LATAM INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY APPLICATION, $M (2019–2024)

TABLE 74 LATAM INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY APPLICATION, $M (2025–2030)

TABLE 75 LATAM INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY APPLICATION, ‘000 UNITS (2019–2024)

TABLE 76 LATAM INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY APPLICATION, ‘000 UNITS (2025–2030)

TABLE 77 LATAM INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY COUNTRY, $M (2019–2024)

TABLE 78 LATAM INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY COUNTRY, $M (2025–2030)

TABLE 79 LATAM INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY COUNTRY, ‘000 UNITS (2019–2024)

TABLE 80 LATAM INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY COUNTRY, ‘000 UNITS (2025–2030)

TABLE 81 MEA INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY EQUIPMENT TYPE, $M (2019–2024)

TABLE 82 MEA INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY EQUIPMENT TYPE, $M (2025–2030)

TABLE 83 MEA INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY REFRIGERANT TYPE, $M (2019–2024)

TABLE 84 MEA INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY REFRIGERANT TYPE, $M (2025–2030)

TABLE 85 MEA INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY REFRIGERANT TYPE, ‘000 UNITS (2019–2024)

TABLE 86 MEA INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY REFRIGERANT TYPE, ‘000 UNITS (2025–2030)

TABLE 87 MEA INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY APPLICATION, $M (2019–2024)

TABLE 88 MEA INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY APPLICATION, $M (2025–2030)

TABLE 89 MEA INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY APPLICATION, ‘000 UNITS (2019–2024)

TABLE 90 MEA INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY APPLICATION, ‘000 UNITS (2025–2030)

TABLE 91 MEA INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY COUNTRY, $M (2019–2024)

TABLE 92 MEA INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY COUNTRY, $M (2025–2030)

TABLE 93 MEA INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY COUNTRY, ‘000 UNITS (2019–2024)

TABLE 94 MEA INDUSTRIAL REFRIGERATION SYSTEMS MARKET, BY COUNTRY, ‘000 UNITS (2025–2030)

TABLE 95 LIST OF PLAYERS AND THEIR OFFERINGS

TABLE 96 COMPARISON OF KEY PLAYERS (2023)

TABLE 97 TRANE TECHNOLOGIES PLC – AT A GLANCE

TABLE 98 TRANE TECHNOLOGIES PLC – KEY FINANCIAL SUMMARY

TABLE 99 CARRIER GLOBAL CORPORATION – AT A GLANCE

TABLE 100 CARRIER GLOBAL CORPORATION – KEY FINANCIAL SUMMARY

TABLE 101 HUSSMANN CORPORATION – AT A GLANCE

TABLE 102 DOVER CORPORATION – AT A GLANCE

TABLE 103 DOVER CORPORATION – KEY FINANCIAL SUMMARY

TABLE 104 DAIKIN INDUSTRIES LTD. – AT A GLANCE

TABLE 105 DAIKIN INDUSTRIES LTD. – KEY FINANCIAL SUMMARY

TABLE 106 JOHNSON CONTROLS INTERNATIONAL PLC – AT A GLANCE

TABLE 107 JOHNSON CONTROLS INTERNATIONAL PLC – KEY FINANCIAL SUMMARY

TABLE 108 MIDEA GROUP CO. LTD. – AT A GLANCE

TABLE 109 MIDEA GROUP CO. LTD. – KEY FINANCIAL SUMMARY

TABLE 110 INDUSTRIAL FRIGO SRL – AT A GLANCE

TABLE 111 GEA GROUP AKTIENGESELLSCHAFT – AT A GLANCE

TABLE 112 GEA GROUP AKTIENGESELLSCHAFT – KEY FINANCIAL SUMMARY

TABLE 113 EMERSON ELECTRIC CO. – AT A GLANCE

TABLE 114 EMERSON ELECTRIC CO. – KEY FINANCIAL SUMMARY

TABLE 115 BITZER KÜHLMASCHINENBAU GMBH – AT A GLANCE

TABLE 116 DANFOSS A/S – AT A GLANCE

TABLE 117 DANFOSS A/S – KEY FINANCIAL SUMMARY

TABLE 118 STAR REFRIGERATION LTD. – AT A GLANCE

TABLE 119 MAYEAWA MFG. CO. LTD. – AT A GLANCE

 

List of Figures

 

FIG 1 RESEARCH SCOPE

FIG 2 RESEARCH METHODOLOGY