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Refrigeration Machinery & Equipment-Global Market Insights and Sales Trends 2024
Synopsis
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.
The global Refrigeration Machinery & Equipment market size is expected to reach US$ 32400 million by 2029, growing at a CAGR of 2.6% from 2023 to 2029. The market is mainly driven by the significant applications of Refrigeration Machinery & Equipment in various end use industries. The expanding demands from the Laboratory Use, Industrial Production Use, Air Conditioner Use and Other, are propelling Refrigeration Machinery & Equipment market. Compression Refrigeration Machine, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Absorption Refrigeration Machine segment is estimated at % CAGR for the next seven-year period.
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 51%, followed by
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Refrigeration Machinery & Equipment, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Refrigeration Machinery & Equipment market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Refrigeration Machinery & Equipment market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Refrigeration Machinery & Equipment sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Refrigeration Machinery & Equipment covered in this report include Daikin Industries, Whirpool Corporation, Danfoss, Dover Corporation, Illinois Tool Works Inc, Hussmann Corporation, Ingersoll Rand, Haier Inc. and Metalfrio Solutions SA, etc.
The global Refrigeration Machinery & Equipment market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Daikin Industries
Whirpool Corporation
Danfoss
Dover Corporation
Illinois Tool Works Inc
Hussmann Corporation
Ingersoll Rand
Haier Inc.
Metalfrio Solutions SA
Beverage-Air Corporation
Global Refrigeration Machinery & Equipment market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Refrigeration Machinery & Equipment market, Segment by Type:
Compression Refrigeration Machine
Absorption Refrigeration Machine
Steam Jet Refrigeration Machine
Global Refrigeration Machinery & Equipment market, by Application
Laboratory Use
Industrial Production Use
Air Conditioner Use
Other
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Refrigeration Machinery & Equipment manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Refrigeration Machinery & Equipment in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
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.
The global Refrigeration Machinery & Equipment market size is expected to reach US$ 32400 million by 2029, growing at a CAGR of 2.6% from 2023 to 2029. The market is mainly driven by the significant applications of Refrigeration Machinery & Equipment in various end use industries. The expanding demands from the Laboratory Use, Industrial Production Use, Air Conditioner Use and Other, are propelling Refrigeration Machinery & Equipment market. Compression Refrigeration Machine, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Absorption Refrigeration Machine segment is estimated at % CAGR for the next seven-year period.
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 51%, followed by
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Refrigeration Machinery & Equipment, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Refrigeration Machinery & Equipment market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Refrigeration Machinery & Equipment market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Refrigeration Machinery & Equipment sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Refrigeration Machinery & Equipment covered in this report include Daikin Industries, Whirpool Corporation, Danfoss, Dover Corporation, Illinois Tool Works Inc, Hussmann Corporation, Ingersoll Rand, Haier Inc. and Metalfrio Solutions SA, etc.
The global Refrigeration Machinery & Equipment market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Daikin Industries
Whirpool Corporation
Danfoss
Dover Corporation
Illinois Tool Works Inc
Hussmann Corporation
Ingersoll Rand
Haier Inc.
Metalfrio Solutions SA
Beverage-Air Corporation
Global Refrigeration Machinery & Equipment market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Refrigeration Machinery & Equipment market, Segment by Type:
Compression Refrigeration Machine
Absorption Refrigeration Machine
Steam Jet Refrigeration Machine
Global Refrigeration Machinery & Equipment market, by Application
Laboratory Use
Industrial Production Use
Air Conditioner Use
Other
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Refrigeration Machinery & Equipment manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Refrigeration Machinery & Equipment in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Refrigeration Machinery & Equipment Market Overview
1.1 Refrigeration Machinery & Equipment Product Overview
1.2 Refrigeration Machinery & Equipment Market Segment by Type
1.2.1 Compression Refrigeration Machine
1.2.2 Absorption Refrigeration Machine
1.2.3 Steam Jet Refrigeration Machine
1.3 Global Refrigeration Machinery & Equipment Market Size by Type
1.3.1 Global Refrigeration Machinery & Equipment Market Size Overview by Type (2018-2029)
1.3.2 Global Refrigeration Machinery & Equipment Historic Market Size Review by Type (2018-2023)
1.3.3 Global Refrigeration Machinery & Equipment Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Refrigeration Machinery & Equipment Sales Breakdown by Type (2018-2023)
1.4.2 Europe Refrigeration Machinery & Equipment Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Refrigeration Machinery & Equipment Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Refrigeration Machinery & Equipment Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Refrigeration Machinery & Equipment Sales Breakdown by Type (2018-2023)
2 Global Refrigeration Machinery & Equipment Market Competition by Company
2.1 Global Top Players by Refrigeration Machinery & Equipment Sales (2018-2023)
2.2 Global Top Players by Refrigeration Machinery & Equipment Revenue (2018-2023)
2.3 Global Top Players by Refrigeration Machinery & Equipment Price (2018-2023)
2.4 Global Top Manufacturers Refrigeration Machinery & Equipment Manufacturing Base Distribution, Sales Area, Product Type
2.5 Refrigeration Machinery & Equipment Market Competitive Situation and Trends
2.5.1 Refrigeration Machinery & Equipment Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Refrigeration Machinery & Equipment Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Refrigeration Machinery & Equipment as of 2022)
2.7 Date of Key Manufacturers Enter into Refrigeration Machinery & Equipment Market
2.8 Key Manufacturers Refrigeration Machinery & Equipment Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Refrigeration Machinery & Equipment Status and Outlook by Region
3.1 Global Refrigeration Machinery & Equipment Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Refrigeration Machinery & Equipment Historic Market Size by Region
3.2.1 Global Refrigeration Machinery & Equipment Sales in Volume by Region (2018-2023)
3.2.2 Global Refrigeration Machinery & Equipment Sales in Value by Region (2018-2023)
3.2.3 Global Refrigeration Machinery & Equipment Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Refrigeration Machinery & Equipment Forecasted Market Size by Region
3.3.1 Global Refrigeration Machinery & Equipment Sales in Volume by Region (2024-2029)
3.3.2 Global Refrigeration Machinery & Equipment Sales in Value by Region (2024-2029)
3.3.3 Global Refrigeration Machinery & Equipment Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Refrigeration Machinery & Equipment by Application
4.1 Refrigeration Machinery & Equipment Market Segment by Application
4.1.1 Laboratory Use
4.1.2 Industrial Production Use
4.1.3 Air Conditioner Use
4.1.4 Other
4.2 Global Refrigeration Machinery & Equipment Market Size by Application
4.2.1 Global Refrigeration Machinery & Equipment Market Size Overview by Application (2018-2029)
4.2.2 Global Refrigeration Machinery & Equipment Historic Market Size Review by Application (2018-2023)
4.2.3 Global Refrigeration Machinery & Equipment Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Refrigeration Machinery & Equipment Sales Breakdown by Application (2018-2023)
4.3.2 Europe Refrigeration Machinery & Equipment Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Refrigeration Machinery & Equipment Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Refrigeration Machinery & Equipment Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Refrigeration Machinery & Equipment Sales Breakdown by Application (2018-2023)
5 North America Refrigeration Machinery & Equipment by Country
5.1 North America Refrigeration Machinery & Equipment Historic Market Size by Country
5.1.1 North America Refrigeration Machinery & Equipment Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Refrigeration Machinery & Equipment Sales in Volume by Country (2018-2023)
5.1.3 North America Refrigeration Machinery & Equipment Sales in Value by Country (2018-2023)
5.2 North America Refrigeration Machinery & Equipment Forecasted Market Size by Country
5.2.1 North America Refrigeration Machinery & Equipment Sales in Volume by Country (2024-2029)
5.2.2 North America Refrigeration Machinery & Equipment Sales in Value by Country (2024-2029)
6 Europe Refrigeration Machinery & Equipment by Country
6.1 Europe Refrigeration Machinery & Equipment Historic Market Size by Country
6.1.1 Europe Refrigeration Machinery & Equipment Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Refrigeration Machinery & Equipment Sales in Volume by Country (2018-2023)
6.1.3 Europe Refrigeration Machinery & Equipment Sales in Value by Country (2018-2023)
6.2 Europe Refrigeration Machinery & Equipment Forecasted Market Size by Country
6.2.1 Europe Refrigeration Machinery & Equipment Sales in Volume by Country (2024-2029)
6.2.2 Europe Refrigeration Machinery & Equipment Sales in Value by Country (2024-2029)
7 Asia-Pacific Refrigeration Machinery & Equipment by Region
7.1 Asia-Pacific Refrigeration Machinery & Equipment Historic Market Size by Region
7.1.1 Asia-Pacific Refrigeration Machinery & Equipment Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Refrigeration Machinery & Equipment Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Refrigeration Machinery & Equipment Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Refrigeration Machinery & Equipment Forecasted Market Size by Region
7.2.1 Asia-Pacific Refrigeration Machinery & Equipment Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Refrigeration Machinery & Equipment Sales in Value by Region (2024-2029)
8 Latin America Refrigeration Machinery & Equipment by Country
8.1 Latin America Refrigeration Machinery & Equipment Historic Market Size by Country
8.1.1 Latin America Refrigeration Machinery & Equipment Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Refrigeration Machinery & Equipment Sales in Volume by Country (2018-2023)
8.1.3 Latin America Refrigeration Machinery & Equipment Sales in Value by Country (2018-2023)
8.2 Latin America Refrigeration Machinery & Equipment Forecasted Market Size by Country
8.2.1 Latin America Refrigeration Machinery & Equipment Sales in Volume by Country (2024-2029)
8.2.2 Latin America Refrigeration Machinery & Equipment Sales in Value by Country (2024-2029)
9 Middle East and Africa Refrigeration Machinery & Equipment by Country
9.1 Middle East and Africa Refrigeration Machinery & Equipment Historic Market Size by Country
9.1.1 Middle East and Africa Refrigeration Machinery & Equipment Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Refrigeration Machinery & Equipment Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Refrigeration Machinery & Equipment Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Refrigeration Machinery & Equipment Forecasted Market Size by Country
9.2.1 Middle East and Africa Refrigeration Machinery & Equipment Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Refrigeration Machinery & Equipment Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Daikin Industries
10.1.1 Daikin Industries Company Information
10.1.2 Daikin Industries Introduction and Business Overview
10.1.3 Daikin Industries Refrigeration Machinery & Equipment Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Daikin Industries Refrigeration Machinery & Equipment Products Offered
10.1.5 Daikin Industries Recent Development
10.2 Whirpool Corporation
10.2.1 Whirpool Corporation Company Information
10.2.2 Whirpool Corporation Introduction and Business Overview
10.2.3 Whirpool Corporation Refrigeration Machinery & Equipment Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Whirpool Corporation Refrigeration Machinery & Equipment Products Offered
10.2.5 Whirpool Corporation Recent Development
10.3 Danfoss
10.3.1 Danfoss Company Information
10.3.2 Danfoss Introduction and Business Overview
10.3.3 Danfoss Refrigeration Machinery & Equipment Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Danfoss Refrigeration Machinery & Equipment Products Offered
10.3.5 Danfoss Recent Development
10.4 Dover Corporation
10.4.1 Dover Corporation Company Information
10.4.2 Dover Corporation Introduction and Business Overview
10.4.3 Dover Corporation Refrigeration Machinery & Equipment Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Dover Corporation Refrigeration Machinery & Equipment Products Offered
10.4.5 Dover Corporation Recent Development
10.5 Illinois Tool Works Inc
10.5.1 Illinois Tool Works Inc Company Information
10.5.2 Illinois Tool Works Inc Introduction and Business Overview
10.5.3 Illinois Tool Works Inc Refrigeration Machinery & Equipment Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Illinois Tool Works Inc Refrigeration Machinery & Equipment Products Offered
10.5.5 Illinois Tool Works Inc Recent Development
10.6 Hussmann Corporation
10.6.1 Hussmann Corporation Company Information
10.6.2 Hussmann Corporation Introduction and Business Overview
10.6.3 Hussmann Corporation Refrigeration Machinery & Equipment Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Hussmann Corporation Refrigeration Machinery & Equipment Products Offered
10.6.5 Hussmann Corporation Recent Development
10.7 Ingersoll Rand
10.7.1 Ingersoll Rand Company Information
10.7.2 Ingersoll Rand Introduction and Business Overview
10.7.3 Ingersoll Rand Refrigeration Machinery & Equipment Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Ingersoll Rand Refrigeration Machinery & Equipment Products Offered
10.7.5 Ingersoll Rand Recent Development
10.8 Haier Inc.
10.8.1 Haier Inc. Company Information
10.8.2 Haier Inc. Introduction and Business Overview
10.8.3 Haier Inc. Refrigeration Machinery & Equipment Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Haier Inc. Refrigeration Machinery & Equipment Products Offered
10.8.5 Haier Inc. Recent Development
10.9 Metalfrio Solutions SA
10.9.1 Metalfrio Solutions SA Company Information
10.9.2 Metalfrio Solutions SA Introduction and Business Overview
10.9.3 Metalfrio Solutions SA Refrigeration Machinery & Equipment Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Metalfrio Solutions SA Refrigeration Machinery & Equipment Products Offered
10.9.5 Metalfrio Solutions SA Recent Development
10.10 Beverage-Air Corporation
10.10.1 Beverage-Air Corporation Company Information
10.10.2 Beverage-Air Corporation Introduction and Business Overview
10.10.3 Beverage-Air Corporation Refrigeration Machinery & Equipment Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Beverage-Air Corporation Refrigeration Machinery & Equipment Products Offered
10.10.5 Beverage-Air Corporation Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Refrigeration Machinery & Equipment Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Refrigeration Machinery & Equipment Industrial Chain Analysis
11.4 Refrigeration Machinery & Equipment Market Dynamics
11.4.1 Refrigeration Machinery & Equipment Industry Trends
11.4.2 Refrigeration Machinery & Equipment Market Drivers
11.4.3 Refrigeration Machinery & Equipment Market Challenges
11.4.4 Refrigeration Machinery & Equipment Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Refrigeration Machinery & Equipment Distributors
12.3 Refrigeration Machinery & Equipment Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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