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

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1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Refrigeration Equipment Consumption Value by Type: 2020 Versus 2024 Versus 2031
    • 1.3.2 Transport Refrigeration Equipment
    • 1.3.3 Refrigerators and Freezers
    • 1.3.4 Beverage Refrigerators
    • 1.3.5 Others
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Refrigeration Equipment Consumption Value by Application: 2020 Versus 2024 Versus 2031
    • 1.4.2 Food Service
    • 1.4.3 Food and Beverage Retail
    • 1.4.4 Food and Beverage Distribution
    • 1.4.5 Food and Beverage Production
    • 1.4.6 Others
  • 1.5 Global Refrigeration Equipment Market Size & Forecast
    • 1.5.1 Global Refrigeration Equipment Consumption Value (2020 & 2024 & 2031)
    • 1.5.2 Global Refrigeration Equipment Sales Quantity (2020-2031)
    • 1.5.3 Global Refrigeration Equipment Average Price (2020-2031)

2 Manufacturers Profiles

  • 2.1 Ingersoll Rand
    • 2.1.1 Ingersoll Rand Details
    • 2.1.2 Ingersoll Rand Major Business
    • 2.1.3 Ingersoll Rand Refrigeration Equipment Product and Services
    • 2.1.4 Ingersoll Rand Refrigeration Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.1.5 Ingersoll Rand Recent Developments/Updates
  • 2.2 Daikin Industries
    • 2.2.1 Daikin Industries Details
    • 2.2.2 Daikin Industries Major Business
    • 2.2.3 Daikin Industries Refrigeration Equipment Product and Services
    • 2.2.4 Daikin Industries Refrigeration Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.2.5 Daikin Industries Recent Developments/Updates
  • 2.3 Dover Corporation
    • 2.3.1 Dover Corporation Details
    • 2.3.2 Dover Corporation Major Business
    • 2.3.3 Dover Corporation Refrigeration Equipment Product and Services
    • 2.3.4 Dover Corporation Refrigeration Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.3.5 Dover Corporation Recent Developments/Updates
  • 2.4 Carrier
    • 2.4.1 Carrier Details
    • 2.4.2 Carrier Major Business
    • 2.4.3 Carrier Refrigeration Equipment Product and Services
    • 2.4.4 Carrier Refrigeration Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.4.5 Carrier Recent Developments/Updates
  • 2.5 Hussmann (Panasonic)
    • 2.5.1 Hussmann (Panasonic) Details
    • 2.5.2 Hussmann (Panasonic) Major Business
    • 2.5.3 Hussmann (Panasonic) Refrigeration Equipment Product and Services
    • 2.5.4 Hussmann (Panasonic) Refrigeration Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.5.5 Hussmann (Panasonic) Recent Developments/Updates
  • 2.6 Lennox (Heatcraft)
    • 2.6.1 Lennox (Heatcraft) Details
    • 2.6.2 Lennox (Heatcraft) Major Business
    • 2.6.3 Lennox (Heatcraft) Refrigeration Equipment Product and Services
    • 2.6.4 Lennox (Heatcraft) Refrigeration Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.6.5 Lennox (Heatcraft) Recent Developments/Updates
  • 2.7 Haier
    • 2.7.1 Haier Details
    • 2.7.2 Haier Major Business
    • 2.7.3 Haier Refrigeration Equipment Product and Services
    • 2.7.4 Haier Refrigeration Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.7.5 Haier Recent Developments/Updates
  • 2.8 Illinois Tool Works
    • 2.8.1 Illinois Tool Works Details
    • 2.8.2 Illinois Tool Works Major Business
    • 2.8.3 Illinois Tool Works Refrigeration Equipment Product and Services
    • 2.8.4 Illinois Tool Works Refrigeration Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.8.5 Illinois Tool Works Recent Developments/Updates
  • 2.9 Whirpool
    • 2.9.1 Whirpool Details
    • 2.9.2 Whirpool Major Business
    • 2.9.3 Whirpool Refrigeration Equipment Product and Services
    • 2.9.4 Whirpool Refrigeration Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.9.5 Whirpool Recent Developments/Updates
  • 2.10 GEA
    • 2.10.1 GEA Details
    • 2.10.2 GEA Major Business
    • 2.10.3 GEA Refrigeration Equipment Product and Services
    • 2.10.4 GEA Refrigeration Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.10.5 GEA Recent Developments/Updates
  • 2.11 Blue Star
    • 2.11.1 Blue Star Details
    • 2.11.2 Blue Star Major Business
    • 2.11.3 Blue Star Refrigeration Equipment Product and Services
    • 2.11.4 Blue Star Refrigeration Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.11.5 Blue Star Recent Developments/Updates
  • 2.12 AHT Cooling Systems
    • 2.12.1 AHT Cooling Systems Details
    • 2.12.2 AHT Cooling Systems Major Business
    • 2.12.3 AHT Cooling Systems Refrigeration Equipment Product and Services
    • 2.12.4 AHT Cooling Systems Refrigeration Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.12.5 AHT Cooling Systems Recent Developments/Updates
  • 2.13 Alfa Laval
    • 2.13.1 Alfa Laval Details
    • 2.13.2 Alfa Laval Major Business
    • 2.13.3 Alfa Laval Refrigeration Equipment Product and Services
    • 2.13.4 Alfa Laval Refrigeration Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.13.5 Alfa Laval Recent Developments/Updates
  • 2.14 Guntner GmbH
    • 2.14.1 Guntner GmbH Details
    • 2.14.2 Guntner GmbH Major Business
    • 2.14.3 Guntner GmbH Refrigeration Equipment Product and Services
    • 2.14.4 Guntner GmbH Refrigeration Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.14.5 Guntner GmbH Recent Developments/Updates
  • 2.15 Metalfrio Solutions
    • 2.15.1 Metalfrio Solutions Details
    • 2.15.2 Metalfrio Solutions Major Business
    • 2.15.3 Metalfrio Solutions Refrigeration Equipment Product and Services
    • 2.15.4 Metalfrio Solutions Refrigeration Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.15.5 Metalfrio Solutions Recent Developments/Updates
  • 2.16 Beverage-Air Corporation
    • 2.16.1 Beverage-Air Corporation Details
    • 2.16.2 Beverage-Air Corporation Major Business
    • 2.16.3 Beverage-Air Corporation Refrigeration Equipment Product and Services
    • 2.16.4 Beverage-Air Corporation Refrigeration Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.16.5 Beverage-Air Corporation Recent Developments/Updates
  • 2.17 Yantai Moon
    • 2.17.1 Yantai Moon Details
    • 2.17.2 Yantai Moon Major Business
    • 2.17.3 Yantai Moon Refrigeration Equipment Product and Services
    • 2.17.4 Yantai Moon Refrigeration Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.17.5 Yantai Moon Recent Developments/Updates
  • 2.18 Fujimak
    • 2.18.1 Fujimak Details
    • 2.18.2 Fujimak Major Business
    • 2.18.3 Fujimak Refrigeration Equipment Product and Services
    • 2.18.4 Fujimak Refrigeration Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.18.5 Fujimak Recent Developments/Updates
  • 2.19 Xingxing Group
    • 2.19.1 Xingxing Group Details
    • 2.19.2 Xingxing Group Major Business
    • 2.19.3 Xingxing Group Refrigeration Equipment Product and Services
    • 2.19.4 Xingxing Group Refrigeration Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.19.5 Xingxing Group Recent Developments/Updates
  • 2.20 Shanghai Reindustry
    • 2.20.1 Shanghai Reindustry Details
    • 2.20.2 Shanghai Reindustry Major Business
    • 2.20.3 Shanghai Reindustry Refrigeration Equipment Product and Services
    • 2.20.4 Shanghai Reindustry Refrigeration Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.20.5 Shanghai Reindustry Recent Developments/Updates

3 Competitive Environment: Refrigeration Equipment by Manufacturer

  • 3.1 Global Refrigeration Equipment Sales Quantity by Manufacturer (2020-2025)
  • 3.2 Global Refrigeration Equipment Revenue by Manufacturer (2020-2025)
  • 3.3 Global Refrigeration Equipment Average Price by Manufacturer (2020-2025)
  • 3.4 Market Share Analysis (2024)
    • 3.4.1 Producer Shipments of Refrigeration Equipment by Manufacturer Revenue ($MM) and Market Share (%): 2024
    • 3.4.2 Top 3 Refrigeration Equipment Manufacturer Market Share in 2024
    • 3.4.3 Top 6 Refrigeration Equipment Manufacturer Market Share in 2024
  • 3.5 Refrigeration Equipment Market: Overall Company Footprint Analysis
    • 3.5.1 Refrigeration Equipment Market: Region Footprint
    • 3.5.2 Refrigeration Equipment Market: Company Product Type Footprint
    • 3.5.3 Refrigeration Equipment Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Refrigeration Equipment Market Size by Region
    • 4.1.1 Global Refrigeration Equipment Sales Quantity by Region (2020-2031)
    • 4.1.2 Global Refrigeration Equipment Consumption Value by Region (2020-2031)
    • 4.1.3 Global Refrigeration Equipment Average Price by Region (2020-2031)
  • 4.2 North America Refrigeration Equipment Consumption Value (2020-2031)
  • 4.3 Europe Refrigeration Equipment Consumption Value (2020-2031)
  • 4.4 Asia-Pacific Refrigeration Equipment Consumption Value (2020-2031)
  • 4.5 South America Refrigeration Equipment Consumption Value (2020-2031)
  • 4.6 Middle East & Africa Refrigeration Equipment Consumption Value (2020-2031)

5 Market Segment by Type

  • 5.1 Global Refrigeration Equipment Sales Quantity by Type (2020-2031)
  • 5.2 Global Refrigeration Equipment Consumption Value by Type (2020-2031)
  • 5.3 Global Refrigeration Equipment Average Price by Type (2020-2031)

6 Market Segment by Application

  • 6.1 Global Refrigeration Equipment Sales Quantity by Application (2020-2031)
  • 6.2 Global Refrigeration Equipment Consumption Value by Application (2020-2031)
  • 6.3 Global Refrigeration Equipment Average Price by Application (2020-2031)

7 North America

  • 7.1 North America Refrigeration Equipment Sales Quantity by Type (2020-2031)
  • 7.2 North America Refrigeration Equipment Sales Quantity by Application (2020-2031)
  • 7.3 North America Refrigeration Equipment Market Size by Country
    • 7.3.1 North America Refrigeration Equipment Sales Quantity by Country (2020-2031)
    • 7.3.2 North America Refrigeration Equipment Consumption Value by Country (2020-2031)
    • 7.3.3 United States Market Size and Forecast (2020-2031)
    • 7.3.4 Canada Market Size and Forecast (2020-2031)
    • 7.3.5 Mexico Market Size and Forecast (2020-2031)

8 Europe

  • 8.1 Europe Refrigeration Equipment Sales Quantity by Type (2020-2031)
  • 8.2 Europe Refrigeration Equipment Sales Quantity by Application (2020-2031)
  • 8.3 Europe Refrigeration Equipment Market Size by Country
    • 8.3.1 Europe Refrigeration Equipment Sales Quantity by Country (2020-2031)
    • 8.3.2 Europe Refrigeration Equipment Consumption Value by Country (2020-2031)
    • 8.3.3 Germany Market Size and Forecast (2020-2031)
    • 8.3.4 France Market Size and Forecast (2020-2031)
    • 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
    • 8.3.6 Russia Market Size and Forecast (2020-2031)
    • 8.3.7 Italy Market Size and Forecast (2020-2031)

9 Asia-Pacific

  • 9.1 Asia-Pacific Refrigeration Equipment Sales Quantity by Type (2020-2031)
  • 9.2 Asia-Pacific Refrigeration Equipment Sales Quantity by Application (2020-2031)
  • 9.3 Asia-Pacific Refrigeration Equipment Market Size by Region
    • 9.3.1 Asia-Pacific Refrigeration Equipment Sales Quantity by Region (2020-2031)
    • 9.3.2 Asia-Pacific Refrigeration Equipment Consumption Value by Region (2020-2031)
    • 9.3.3 China Market Size and Forecast (2020-2031)
    • 9.3.4 Japan Market Size and Forecast (2020-2031)
    • 9.3.5 South Korea Market Size and Forecast (2020-2031)
    • 9.3.6 India Market Size and Forecast (2020-2031)
    • 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
    • 9.3.8 Australia Market Size and Forecast (2020-2031)

10 South America

  • 10.1 South America Refrigeration Equipment Sales Quantity by Type (2020-2031)
  • 10.2 South America Refrigeration Equipment Sales Quantity by Application (2020-2031)
  • 10.3 South America Refrigeration Equipment Market Size by Country
    • 10.3.1 South America Refrigeration Equipment Sales Quantity by Country (2020-2031)
    • 10.3.2 South America Refrigeration Equipment Consumption Value by Country (2020-2031)
    • 10.3.3 Brazil Market Size and Forecast (2020-2031)
    • 10.3.4 Argentina Market Size and Forecast (2020-2031)

11 Middle East & Africa

  • 11.1 Middle East & Africa Refrigeration Equipment Sales Quantity by Type (2020-2031)
  • 11.2 Middle East & Africa Refrigeration Equipment Sales Quantity by Application (2020-2031)
  • 11.3 Middle East & Africa Refrigeration Equipment Market Size by Country
    • 11.3.1 Middle East & Africa Refrigeration Equipment Sales Quantity by Country (2020-2031)
    • 11.3.2 Middle East & Africa Refrigeration Equipment Consumption Value by Country (2020-2031)
    • 11.3.3 Turkey Market Size and Forecast (2020-2031)
    • 11.3.4 Egypt Market Size and Forecast (2020-2031)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
    • 11.3.6 South Africa Market Size and Forecast (2020-2031)

12 Market Dynamics

  • 12.1 Refrigeration Equipment Market Drivers
  • 12.2 Refrigeration Equipment Market Restraints
  • 12.3 Refrigeration Equipment Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Refrigeration Equipment and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Refrigeration Equipment
  • 13.3 Refrigeration Equipment Production Process
  • 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Refrigeration Equipment Typical Distributors
  • 14.3 Refrigeration Equipment Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    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.

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