Global Commercial Refrigeration Equipment Market Report 2024

Commercial Refrigeration Equipment Global Market Report 2024 – By Product Type (Refrigerator & Freezer, Transportation Refrigeration, Refrigerated Display Cases, Beverage Refrigeration, Ice Cream Merchandiser, Refrigerated Vending Machine), By Refrigerant Type (Fluorocarbons, Hydrocarbons, Inorganics), By Application (Hotels & Restaurants, Supermarkets & Hypermarkets, Convenience Stores, Bakery) – Market Size, Trends, And Global Forecast 2024-2033

Commercial Refrigeration Equipment Global Market Report 2024

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Commercial Refrigeration Equipment Market Definition

Commercial refrigeration equipment refers to tools used for cold storage in industrial settings.

The main product types of commercial refrigeration equipment are refrigerator & freezer, transportation refrigeration, refrigerated display cases, beverage refrigeration, ice cream merchandiser, and refrigerated vending machine. Beverage refrigeration refers to a refrigerated storage area intended to cool beverages using a vehicle's air conditioning system or a separate phase-cooling system. The refrigerant types are fluorocarbons, hydrocarbons, and inorganics. The various applications involved are hotels & restaurants, supermarkets & hypermarkets, convenience stores, and bakeries.

Commercial Refrigeration Equipment Market Segmentation

The commercial refrigeration equipment market covered in this report is segmented –

1) By Product Type: Refrigerator & Freezer, Transportation Refrigeration, Refrigerated Display Cases, Beverage Refrigeration, Ice Cream Merchandiser, Refrigerated Vending Machine

2) By Refrigerant Type: Fluorocarbons, Hydrocarbons, Inorganics

3) By Application: Hotels & Restaurants, Supermarkets & Hypermarkets, Convenience Stores, Bakery

Global Commercial Refrigeration Equipment Market Size 2023 to 2028: Graph

Commercial Refrigeration Equipment Market Size 2024 And Growth Rate

The commercial refrigeration equipment market size has grown strongly in recent years. It will grow from $56.26 billion in 2023 to $59.09 billion in 2024 at a compound annual growth rate (CAGR) of 5.0%. The growth in the historic period can be attributed to introduction of mechanical refrigeration, rise of food retail chains, advent of commercial ice machines, expansion of cold storage facilities, innovation in display cases.

Commercial Refrigeration Equipment Market Growth Forecast

The commercial refrigeration equipment market size is expected to see steady growth in the next few years. It will grow to $70.67 billion in 2028 at a compound annual growth rate (CAGR) of 4.6%. The growth in the forecast period can be attributed to demand from emerging markets, market digitization, rising demand for energy-efficient solutions, adoption of low-gwp refrigerants, smart cooling solutions. Major trends in the forecast period include focus on sustainable practices, rise in cold chain logistics, remote and off-grid solutions, urbanization and small format stores, modularity and flexibility.

Commercial Refrigeration Equipment Market Driver: The Increasing Demand For Frozen & Chilled Products Driving The Commercial Refrigeration Market

The increasing demand for frozen & chilled products from consumers is anticipated to drive the commercial refrigeration market. Preference for frozen & chilled products have increased due to changing lifestyle, accelerated urbanization, and benefits offered by frozen products such as longer shelf life, convenience, reduced food preparation & clean-up time. In 2022, According to the American Frozen Food Institute (AFFI), frozen food sales in the U.S. reached more than $72 billion. This is an 8.6% increase compared to the previous year. Frozen and chilled products are stored in commercial refrigerators in supermarkets, hypermarkets, and refrigerated trucks from where they are bought and transported. This is likely to generate a higher requirement for commercial refrigeration equipment for storing, which propels the growth of the commercial refrigeration equipment market.

Commercial Refrigeration Equipment Market Driver: The Expansion Of The Food And Beverage Industry Drives Growth In The Market

The growth of the food and beverage industry is expected to propel the growth of the commercial refrigeration equipment market going forward. The food and beverage industry encompasses a wide range of businesses and establishments, such as restaurants, involved in preparing, serving, and delivering food and drinks to consumers. Commercial refrigeration equipment plays a crucial role in the food and beverage industry by providing proper storage and preservation of perishable items, ensuring food safety, freshness, and maintaining the quality of products. For instance, in August 2023, according to an article by USA Today, a US-based news broadcasting company, the U.S. restaurant industry made $898 billion in sales in 2022, which is an extra $166.5 billion from 2021 sales. Therefore, the growth of the food and beverage industry is driving the growth of the commercial refrigeration equipment market.

Global Commercial Refrigeration Equipment Market Major Players

Major companies operating in the commercial refrigeration equipment market report are United Technologies Corporation, Haier Group Corporation, Daikin Industries Ltd., Johnson Controls International plc, Carrier Commercial Refrigeration Inc., Danfoss A/S, Whirlpool Corporation, Illinois Tool Works Inc., Liebherr Group, Emerson Electric Co., AB Electrolux, Dover Corporation, Blue Star Limited, Ingersoll Rand Inc., GEA Group AG, Lennox International Inc., Manitowoc Company Inc., Hussmann Corporation, Traulsen & Company LLC, Ali Group S.r.l., Beverage-Air Corporation, True Manufacturing Co. Inc., Metalfrio Solutions S.A., Frigoglass SAIC, AHT Cooling Systems GmbH, Scotsman Industries Inc., Williams Refrigeration, Master-Bilt Products, Foster Refrigerator, Hoshizaki Corporation, Gram Commercial A/S, Skope Industries Limited, Precision Refrigeration Ltd., Arneg S.p.A.

Global Commercial Refrigeration Equipment Market Restraint: High Equipment And Installation Costs As A Hindrance To The Commercial Refrigeration Equipment Market Growth

High equipment and installation costs of equipment are expected to hinder the commercial refrigeration equipment market’s growth. For instance, the total cost of the walk-in cooler including installation range from $3,000 to $9,000. In addition to this, the average cost of commercial refrigeration equipment repair falls between $100 and $325. This high cost of the equipment, installation, and maintenance are extremely unaffordable to smaller retailers who rent these services or opt for non-commercial variants, which hinders the growth of the commercial refrigeration equipment market.

Global Commercial Refrigeration Equipment Market Trend: Incorporation Of Advanced Technologies In Commercial Refrigeration Equipment To Enhance Efficiency And Maintenance

Companies are concentrating on incorporating the latest technologies such as artificial intelligence, 5G, and machine learning into commercial refrigeration equipment for decreasing electrical consumption, improved preventive maintenance, and better customer experience. For instance, in August 2023, Axiom Cloud, a provider of cloud-based solutions for the commercial refrigeration industry, released AI-based early leak detection software. The software was tested at 242 facilities and is designed to help reduce refrigerant leaks and improve energy efficiency.

Global Commercial Refrigeration Equipment Market Trend: Innovative Solutions For Vaccine Transport And Storage In The Commercial Refrigeration Equipment Market

Major companies operating in the commercial refrigeration equipment market are focusing on the development of innovative products, such as refrigeration products and equipment for vaccine transporters for vaccine storage purposes. Vaccine transporters with commercial refrigeration equipment refer to specialized vehicles or containers equipped with refrigeration and temperature control systems, designed to safely store and transport vaccines while maintaining the required cold temperatures. For instance, in February 2021, Blue Star Ltd., an India-based commercial appliance company, launched a new range of commercial refrigeration equipment and solutions for vaccine storage and transportation to remote areas. The new range of products includes vaccine transporters, ice-lined refrigerators, medical freezers, pharma refrigerators, pharmacy refrigerators, and modular cold rooms. The ice-lined refrigerators are ideal for vaccination programs due to their ability to maintain a desired temperature even without power.

Commercial Refrigeration Equipment Market Merger And Acquisition:

Ronin Equity Partners Acquires Qbd To Expand The Reach Of Green Cooling Deck Concept In Commercial Refrigeration Equipment

In September 2021, Ronin Equity Partners, a US-based private equity firm, acquired QBD for an undisclosed amount. This acquisition broadens the application of QBD's green cooling deck concept and extends our reach into new industries. QBD is a US-based manufacturer of commercial refrigeration equipment.

Regional Insights For The Global Commercial Refrigeration Equipment Market

The Asia-Pacific was the largest region in the commercial refrigeration equipment market in 2023. North America was the second largest region in the global commercial refrigeration equipment market share. The regions covered in the commercial refrigeration equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the commercial refrigeration equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain

Commercial refrigeration equipment market consists of sales of plug-in enclosed vending machines, deli cases, drop in coolers and others. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The commercial refrigeration equipment market research report is one of a series of new reports from The Business Research Company that provides commercial refrigeration equipment market statistics, including commercial refrigeration equipment industry global market size, regional shares, competitors with a commercial refrigeration equipment market share, detailed commercial refrigeration equipment market segments, market trends and opportunities, and any further data you may need to thrive in the commercial refrigeration equipment industry. This commercial refrigeration equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Commercial Refrigeration Equipment Market Report Forecast And Analysis
Report AttributeDetails
Market Size Value In 2024 $59.09 billion
Revenue Forecast In 2033 $70.67 billion
Growth Rate CAGR of 4.6% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Product Type: Refrigerator & Freezer, Transportation Refrigeration, Refrigerated Display Cases, Beverage Refrigeration, Ice Cream Merchandiser, Refrigerated Vending Machine
2) By Refrigerant Type: Fluorocarbons, Hydrocarbons, Inorganics
3) By Application: Hotels & Restaurants, Supermarkets & Hypermarkets, Convenience Stores, Bakery
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled United Technologies Corporation; Haier Group Corporation; Daikin Industries Ltd.; Johnson Controls International plc; Carrier Commercial Refrigeration Inc.; Danfoss A/S; Whirlpool Corporation; Illinois Tool Works Inc.; Liebherr Group; Emerson Electric Co.; AB Electrolux; Dover Corporation; Blue Star Limited; Ingersoll Rand Inc.; GEA Group AG; Lennox International Inc.; Manitowoc Company Inc.; Hussmann Corporation; Traulsen & Company LLC; Ali Group S.r.l.; Beverage-Air Corporation; True Manufacturing Co. Inc.; Metalfrio Solutions S.A.; Frigoglass SAIC; AHT Cooling Systems GmbH; Scotsman Industries Inc.; Williams Refrigeration; Master-Bilt Products; Foster Refrigerator; Hoshizaki Corporation; Gram Commercial A/S; Skope Industries Limited; Precision Refrigeration Ltd.; Arneg S.p.A.
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Commercial Refrigeration Equipment Market Characteristics

    3. Commercial Refrigeration Equipment Market Trends And Strategies

    4. Commercial Refrigeration Equipment Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Commercial Refrigeration Equipment Market Size and Growth

    5.1. Global Commercial Refrigeration Equipment Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Commercial Refrigeration Equipment Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Commercial Refrigeration Equipment Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Commercial Refrigeration Equipment Market Segmentation

    6.1. Global Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Refrigerator & Freezer

    Transportation Refrigeration

    Refrigerated Display Cases

    Beverage Refrigeration

    Ice Cream Merchandiser

    Refrigerated Vending Machine

    6.2. Global Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Fluorocarbons

    Hydrocarbons

    Inorganics

    6.3. Global Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Hotels & Restaurants

    Supermarkets & Hypermarkets

    Convenience Stores

    Bakery

    7. Commercial Refrigeration Equipment Market Regional And Country Analysis

    7.1. Global Commercial Refrigeration Equipment Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Commercial Refrigeration Equipment Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Commercial Refrigeration Equipment Market

    8.1. Asia-Pacific Commercial Refrigeration Equipment Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Commercial Refrigeration Equipment Market

    9.1. China Commercial Refrigeration Equipment Market Overview

    9.2. China Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Commercial Refrigeration Equipment Market

    10.1. India Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Commercial Refrigeration Equipment Market

    11.1. Japan Commercial Refrigeration Equipment Market Overview

    11.2. Japan Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Commercial Refrigeration Equipment Market

    12.1. Australia Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Commercial Refrigeration Equipment Market

    13.1. Indonesia Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Commercial Refrigeration Equipment Market

    14.1. South Korea Commercial Refrigeration Equipment Market Overview

    14.2. South Korea Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Commercial Refrigeration Equipment Market

    15.1. Western Europe Commercial Refrigeration Equipment Market Overview

    15.2. Western Europe Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Commercial Refrigeration Equipment Market

    16.1. UK Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Commercial Refrigeration Equipment Market

    17.1. Germany Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Commercial Refrigeration Equipment Market

    18.1. France Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.3. France Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Commercial Refrigeration Equipment Market

    19.1. Italy Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.3. Italy Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Commercial Refrigeration Equipment Market

    20.1. Spain Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.3. Spain Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Commercial Refrigeration Equipment Market

    21.1. Eastern Europe Commercial Refrigeration Equipment Market Overview

    21.2. Eastern Europe Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Commercial Refrigeration Equipment Market

    22.1. Russia Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Commercial Refrigeration Equipment Market

    23.1. North America Commercial Refrigeration Equipment Market Overview

    23.2. North America Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Commercial Refrigeration Equipment Market

    24.1. USA Commercial Refrigeration Equipment Market Overview

    24.2. USA Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Commercial Refrigeration Equipment Market

    25.1. Canada Commercial Refrigeration Equipment Market Overview

    25.2. Canada Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Commercial Refrigeration Equipment Market

    26.1. South America Commercial Refrigeration Equipment Market Overview

    26.2. South America Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Commercial Refrigeration Equipment Market

    27.1. Brazil Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Commercial Refrigeration Equipment Market

    28.1. Middle East Commercial Refrigeration Equipment Market Overview

    28.2. Middle East Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Commercial Refrigeration Equipment Market

    29.1. Africa Commercial Refrigeration Equipment Market Overview

    29.2. Africa Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Commercial Refrigeration Equipment Market Competitive Landscape And Company Profiles

    30.1. Commercial Refrigeration Equipment Market Competitive Landscape

    30.2. Commercial Refrigeration Equipment Market Company Profiles

    30.2.1. United Technologies Corporation

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Haier Group Corporation

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Daikin Industries Ltd.

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Johnson Controls International plc

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Carrier Commercial Refrigeration Inc.

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Commercial Refrigeration Equipment Market Other Major And Innovative Companies

    31.1. Danfoss A/S

    31.2. Whirlpool Corporation

    31.3. Illinois Tool Works Inc.

    31.4. Liebherr Group

    31.5. Emerson Electric Co.

    31.6. AB Electrolux

    31.7. Dover Corporation

    31.8. Blue Star Limited

    31.9. Ingersoll Rand Inc.

    31.10. GEA Group AG

    31.11. Lennox International Inc.

    31.12. Manitowoc Company Inc.

    31.13. Hussmann Corporation

    31.14. Traulsen & Company LLC

    31.15. Ali Group S.r.l.

    32. Global Commercial Refrigeration Equipment Market Competitive Benchmarking

    33. Global Commercial Refrigeration Equipment Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Commercial Refrigeration Equipment Market

    35. Commercial Refrigeration Equipment Market Future Outlook and Potential Analysis

    35.1 Commercial Refrigeration Equipment Market In 2028 - Countries Offering Most New Opportunities

    35.2 Commercial Refrigeration Equipment Market In 2028 - Segments Offering Most New Opportunities

    35.3 Commercial Refrigeration Equipment Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Commercial Refrigeration Equipment Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Commercial Refrigeration Equipment Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: China, Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: India, Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Japan, Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Australia, Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Indonesia, Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: South Korea, Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Western Europe, Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: UK, Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Germany, Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: France, Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Italy, Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Spain, Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Eastern Europe, Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Russia, Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: North America, Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: USA, Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: Canada, Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: South America, Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: Brazil, Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Middle East, Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Africa, Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: United Technologies Corporation Financial Performance
  • Table 75: Haier Group Corporation Financial Performance
  • Table 76: Daikin Industries Ltd. Financial Performance
  • Table 77: Johnson Controls International plc Financial Performance
  • Table 78: Carrier Commercial Refrigeration Inc. Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Commercial Refrigeration Equipment Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Commercial Refrigeration Equipment Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: China, Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: India, Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Japan, Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Australia, Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Indonesia, Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: South Korea, Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Western Europe, Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: UK, Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Germany, Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: France, Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Italy, Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Spain, Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Eastern Europe, Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Russia, Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: North America, Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: USA, Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: Canada, Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: South America, Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: Brazil, Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Middle East, Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Africa, Commercial Refrigeration Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Commercial Refrigeration Equipment Market, Segmentation By Refrigerant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Commercial Refrigeration Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: United Technologies Corporation Financial Performance
  • Figure 75: Haier Group Corporation Financial Performance
  • Figure 76: Daikin Industries Ltd. Financial Performance
  • Figure 77: Johnson Controls International plc Financial Performance
  • Figure 78: Carrier Commercial Refrigeration Inc. Financial Performance
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Frequently Asked Questions

What is the definition of the commercial refrigeration equipment market?

Commercial refrigeration equipment refers to tools used for cold storage in industrial settings. For further insights on the commercial refrigeration equipment market, request a sample here

How will the commercial refrigeration equipment market drivers and restraints affect the commercial refrigeration equipment market dynamics? What forces will shape the commercial refrigeration equipment industry going forward?

The commercial refrigeration equipment market major growth driver - the increasing demand for frozen & chilled products driving the commercial refrigeration market. For further insights on the commercial refrigeration equipment market, request a sample here

What is the forecast market size or the forecast market value of the commercial refrigeration equipment market ?

The commercial refrigeration equipment market size has grown strongly in recent years. It will grow from $56.26 billion in 2023 to $59.09 billion in 2024 at a compound annual growth rate (CAGR) of 5.0%. The growth in the historic period can be attributed to introduction of mechanical refrigeration, rise of food retail chains, advent of commercial ice machines, expansion of cold storage facilities, innovation in display cases. The commercial refrigeration equipment market size is expected to see steady growth in the next few years. It will grow to $70.67 billion in 2028 at a compound annual growth rate (CAGR) of 4.6%. The growth in the forecast period can be attributed to demand from emerging markets, market digitization, rising demand for energy-efficient solutions, adoption of low-gwp refrigerants, smart cooling solutions. Major trends in the forecast period include focus on sustainable practices, rise in cold chain logistics, remote and off-grid solutions, urbanization and small format stores, modularity and flexibility. For further insights on the commercial refrigeration equipment market, request a sample here

How is the commercial refrigeration equipment market segmented?

The commercial refrigeration equipment market is segmented
1) By Product Type: Refrigerator & Freezer, Transportation Refrigeration, Refrigerated Display Cases, Beverage Refrigeration, Ice Cream Merchandiser, Refrigerated Vending Machine
2) By Refrigerant Type: Fluorocarbons, Hydrocarbons, Inorganics
3) By Application: Hotels & Restaurants, Supermarkets & Hypermarkets, Convenience Stores, BakeryFor further insights on the commercial refrigeration equipment market,
request a sample here

Which region has the largest share of the commercial refrigeration equipment market? What are the other regions covered in the report?

The Asia-Pacific was the largest region in the commercial refrigeration equipment market in 2023. North America was the second largest region in the global commercial refrigeration equipment market share. The regions covered in the commercial refrigeration equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the commercial refrigeration equipment market, request a sample here.

Who are the major players in the commercial refrigeration equipment market?

Major companies operating in the commercial refrigeration equipment market report are United Technologies Corporation, Haier Group Corporation, Daikin Industries Ltd., Johnson Controls International plc, Carrier Commercial Refrigeration Inc., Danfoss A/S, Whirlpool Corporation, Illinois Tool Works Inc., Liebherr Group, Emerson Electric Co., AB Electrolux, Dover Corporation, Blue Star Limited, Ingersoll Rand Inc., GEA Group AG, Lennox International Inc., Manitowoc Company Inc., Hussmann Corporation, Traulsen & Company LLC, Ali Group S.r.l., Beverage-Air Corporation, True Manufacturing Co. Inc., Metalfrio Solutions S.A., Frigoglass SAIC, AHT Cooling Systems GmbH, Scotsman Industries Inc., Williams Refrigeration, Master-Bilt Products, Foster Refrigerator, Hoshizaki Corporation, Gram Commercial A/S, Skope Industries Limited, Precision Refrigeration Ltd., Arneg S.p.A. For further insights on the commercial refrigeration equipment market, request a sample here.

What are the key trends in the commercial refrigeration equipment market?

Major trend in the commercial refrigeration equipment market - incorporation of advanced technologies in commercial refrigeration equipment to enhance efficiency and maintenance. For further insights on the commercial refrigeration equipment market, request a sample here.

What are the major opportunities in the commercial refrigeration equipment market? What are the strategies for the commercial refrigeration equipment market?

For detailed insights on the major opportunities and strategies in the commercial refrigeration equipment market, request a sample here.

How does the commercial refrigeration equipment market relate to the overall economy and other similar markets?

For detailed insights on commercial refrigeration equipment market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the commercial refrigeration equipment industry?

For detailed insights on the mergers and acquisitions in the commercial refrigeration equipment industry, request a sample here.

What are the key dynamics influencing the commercial refrigeration equipment market growth? SWOT analysis of the commercial refrigeration equipment market.

For detailed insights on the key dynamics influencing the commercial refrigeration equipment market growth and SWOT analysis of the commercial refrigeration equipment industry, request a sample here.