Global Industrial Refrigeration Systems Market Report 2024

Industrial Refrigeration Systems Global Market Report 2024 – By Component (Compressors, Rotary Screw Compressors, Centrifugal Compressors, Reciprocating Compressors, Diaphragm Compressors, Evaporators, Condensers, Controls), By Refrigerant (Ammonia, Carbon Dioxide), By Application (Refrigerated Warehouse, Refrigerated Transportation, Beverage Processing, Dairy and Ice cream Processing) – Market Size, Trends, And Global Forecast 2024-2033

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Industrial Refrigeration Systems Global Market Report 2023

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Description Table Of Contents Tables & Figures Market Insights Related Reports

Industrial Refrigeration Systems Market Definition And Segments

Industrial refrigeration system refers to tools and accessories designed to take heat away from big operations or big materials, bringing the temperature down to a suitable level. They are commonly used in cold storage, dairy processing, and beverage production.

The main components of an industrial refrigeration system are compressors, rotary screw compressors, centrifugal compressors, reciprocating compressors, diaphragm compressors, evaporators, condensers, and controls. Compressors refer to products that are particularly made to mechanically increase a refrigerant vapor’s pressure, temperature, and energy level as part of a transcritical CO2 refrigeration cycle or an economized vapor compression cycle. The refrigerants used are ammonia and carbon dioxide for various applications such as refrigerated warehouses, refrigerated transportation, beverage processing, and dairy and ice cream processing.

The industrial refrigeration systems market covered in this report is segmented –

1) By Component: Compressors, Rotary Screw Compressors, Centrifugal Compressors, Reciprocating Compressors, Diaphragm Compressors, Evaporators, Condensers, Controls

2) By Refrigerant: Ammonia, Carbon Dioxide

3) By Application: Refrigerated Warehouse, Refrigerated Transportation, Beverage Processing, Dairy and Ice cream Processing

The industrial refrigeration systems market size has grown strongly in recent years. It will grow from $21.96 billion in 2023 to $23.45 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to environmental regulations, energy efficiency concerns, globalization of supply chains, market consolidation, changing consumer preferences.

The industrial refrigeration systems market size is expected to see strong growth in the next few years. It will grow to $30.32 billion in 2028 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to rising demand for cold storage, adoption of natural refrigerants, renewable energy integration, strategic partnerships and alliances, regulatory emphasis on energy efficiency. Major trends in the forecast period include green refrigerants adoption, energy efficiency, digitalization and IoT integration, customization and modularization, regulatory compliance and safety, focus on cold chain logistics.

Surging Demand For Frozen And Processed Food Boosts Growth In The Industrial Refrigeration System Market

Growing demand for frozen and processed food is expected to propel the growth of the industrial refrigeration system market going forward. Frozen food refers to food that has been frozen quickly and is maintained frozen until it is used, whereas processed food refers to a food item that has gone through several mechanical or chemical processes to change or preserve it. Industrial refrigeration systems are used in food processing for cooling large amounts of water used in the process. For instance, according to the American Frozen Food Institute, a US-based national trade association for the frozen food industry, the sales of frozen food in 2021 increased by 1 percent from 2020. Further, according to the Agricultural and Processed Food Products Export Development Authority (APEDA), processed food product exports increased from $11,671 million in the 2020-21 periods to $13,261 million in the 2021-22 periods. Therefore, the growing demand for frozen and processed food is driving the industrial refrigeration system market.

Pharmaceutical Industry Growth Drives The Industrial Refrigeration System Market

The growing pharmaceutical industry is expected to propel the growth of the industrial refrigeration system market going forward. The pharmaceutical industry is an industry that discovers, develops, manufactures, and markets pharmaceutical drugs used to treat and prevent diseases and improve the quality of life for people around the world. Industrial refrigeration systems play a critical role in the pharmaceutical industry by maintaining precise temperature and humidity conditions of pharmaceutical products throughout the manufacturing, storage, and distribution processes. For instance, in 2022, according to the European Federation of Pharmaceutical Industries and Association, a Europe-based trade association and lobbying organization, European pharmaceutical production increased by 4.6% from €286,697 million ($300,981 million) in 2020 to €300,000 million ($315,270 million) in 2021. Therefore, the growing pharmaceutical industry is driving the growth of the industrial refrigeration system market.

Major companies operating in the industrial refrigeration systems market report are Johnson Controls International PLC, GEA Group Aktiengesellschaft, Danfoss A/S, Daikin Industries Ltd., EVAPCO Inc., Bitzer Kuhlmaschinenbau GmbH, LU-VE GROUP, Güntner GmbH & Co. KG., Star Refrigeration Ltd., Emerson Electric Co., Lennox International Inc., Mayekawa Manufacturing Co. Ltd., Dover Corporation, Ingersoll Rand PLC, Linde, M&M Systems Inc., MAN Energy Solutions, Mark Refrigeration Equipment Company, MTI Micro-Tech International Inc., Parker Hannifin Corporation, Polycold Systems Inc., Enviro Tech International Inc., Refrigeration Engineering Corporation, Rivacold S.r.l., SCM Frigo Group S.r.l., Sterling Cryogenics BV., Trane Technologies PLC, United Technologies Corporation, Vilter Manufacturing Corporation, Vogt Ice Machine Co., Weiss Umwelttechnik GmbH .

Environment-Friendly Innovation In The Market

Product innovation is the key trend gaining popularity in the industrial refrigeration system market. Major companies operating in the industrial refrigeration system market are focusing on including new environment-friendly refrigerants for their industrial refrigeration system offerings. For instance, in November 2022, the Chemours Company, a US-based chemical company partnered with Bohn de Mexico, a Mexico-based manufacturer of industrial refrigeration equipment technology and launched low global warming potential (GWP) industrial refrigeration solutions. With its new line of BOHN Ecoflex condensing units, Bohn de Mexico use the non-ozone depleting (ODP) and low global warming potential (GWP) refrigerants Opteon XL20 (R-454 C), Opteon XL40 (R-454A), and Opteon XL10 (R-1234yf). By utilizing the network of authorized distributors that Chemours has established, and which already provides traditional fluids, the partnership between BOHN and Chemours will also guarantee the availability of replacement products at the various locations where the systems will be placed.

Technological Innovations Revolutionizing The Industrial Refrigeration System Market

Major companies operating in the industrial refrigeration system market are focused on developing technological innovations, such as refrigeration-as-a-service (RaaS), to gain a competitive edge in the market. Refrigeration-as-a-Service (RaaS) is a subscription-based model where businesses rent refrigeration equipment and services from a provider instead of purchasing and maintaining them themselves. For instance, in September 2023, Carrier Corporation, a US-based provider of intelligent climate and energy solutions, launched a Refrigeration-as-a-Service (RaaS) solution. The RaaS solution is designed to help food retailers of all sizes improve efficiency, reliability, cost performance, and overall business resilience. It is also backed by a novel performance guarantee, which ensures that customers receive the refrigeration performance they need to keep the food products fresh and safe. Customers only pay for refrigeration performance when it is being used, which can help to reduce energy costs and improve overall efficiency.

Evapco Strengthens Portfolio With Acquisition Of Systèmes LMP

In February 2022, Evapco, a US-based manufacturing company for heat transfer applications, acquired Systèmes LMP for an undisclosed amount. The acquisition adds carbon dioxide-based industrial refrigeration systems to the portfolio of Ecapco. Systèmes LMP is a Canada-based provider of high-efficiency industrial refrigeration systems.

North America was the largest region in the Industrial Refrigeration System in 2023. The regions covered in the industrial refrigeration systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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

The industrial refrigeration system market consists of revenues earned by entities by providing industrial refrigeration system services such as equipment repair and personnel training. The market value includes the value of related goods sold by the service provider or included within the service offering. The industrial refrigeration system market consists of sales of industrial refrigeration system equipment such as compressors, condensers, evaporators, and heat pumps, which are used in providing industrial refrigeration system services. 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 industrial refrigeration system market research report is one of a series of new reports from The Business Research Company that provides industrial refrigeration system market statistics, including industrial refrigeration system industry global market size, regional shares, competitors with an industrial refrigeration system market share, detailed industrial refrigeration system market segments, market trends and opportunities, and any further data you may need to thrive in the industrial refrigeration system industry. This industrial refrigeration system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Industrial Refrigeration Systems Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $23.45 billion
Revenue Forecast In 2033 $30.32 billion
Growth Rate CAGR of 6.6% 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 Component: Compressors, Rotary Screw Compressors, Centrifugal Compressors, Reciprocating Compressors, Diaphragm Compressors, Evaporators, Condensers, Controls
2) By Refrigerant: Ammonia, Carbon Dioxide
3) By Application: Refrigerated Warehouse, Refrigerated Transportation, Beverage Processing, Dairy and Ice cream Processing
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled Johnson Controls International PLC; GEA Group Aktiengesellschaft; Danfoss A/S; Daikin Industries Ltd.; EVAPCO Inc.; Bitzer Kuhlmaschinenbau GmbH; LU-VE GROUP; Güntner GmbH & Co. KG.; Star Refrigeration Ltd.; Emerson Electric Co.; Lennox International Inc.; Mayekawa Manufacturing Co. Ltd.; Dover Corporation; Ingersoll Rand plc; Linde; M&M Systems Inc.; MAN Energy Solutions; Mark Refrigeration Equipment Company; MTI Micro-Tech International Inc.; Parker Hannifin Corporation; Polycold Systems Inc.; Enviro Tech International Inc.; Refrigeration Engineering Corporation; Rivacold S.r.l.; SCM Frigo Group S.r.l.; Sterling Cryogenics BV.; Trane Technologies plc; United Technologies Corporation; Vilter Manufacturing Corporation; Vogt Ice Machine Co.; Weiss Umwelttechnik GmbH
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Industrial Refrigeration Systems Market Characteristics

    3. Industrial Refrigeration Systems Market Trends And Strategies

    4. Industrial Refrigeration Systems 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 Industrial Refrigeration Systems Market Size and Growth

    5.1. Global Industrial Refrigeration Systems Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

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

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

    6. Industrial Refrigeration Systems Market Segmentation

    6.1. Global Industrial Refrigeration Systems Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Compressors

    Rotary Screw Compressors

    Centrifugal Compressors

    Reciprocating Compressors

    Diaphragm Compressors

    Evaporators

    Condensers

    Controls

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

    Ammonia

    Carbon Dioxide

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

    Refrigerated Warehouse

    Refrigerated Transportation

    Beverage Processing

    Dairy and Ice cream Processing

    7. Industrial Refrigeration Systems Market Regional And Country Analysis

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

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

    8. Asia-Pacific Industrial Refrigeration Systems Market  

    8.1. Asia-Pacific Industrial Refrigeration Systems 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 Industrial Refrigeration Systems Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

    9. China Industrial Refrigeration Systems Market  

    9.1. China Industrial Refrigeration Systems Market Overview  

    9.2. China Industrial Refrigeration Systems Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

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

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

    10. India Industrial Refrigeration Systems Market  

    10.1. India Industrial Refrigeration Systems Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

    11. Japan Industrial Refrigeration Systems Market  

    11.1. Japan Industrial Refrigeration Systems Market Overview  

    11.2. Japan Industrial Refrigeration Systems Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

    12. Australia Industrial Refrigeration Systems Market  

    12.1. Australia Industrial Refrigeration Systems Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

    13. Indonesia Industrial Refrigeration Systems Market  

    13.1. Indonesia Industrial Refrigeration Systems Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

    14. South Korea Industrial Refrigeration Systems Market  

    14.1. South Korea Industrial Refrigeration Systems Market Overview  

    14.2. South Korea Industrial Refrigeration Systems Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

    15. Western Europe Industrial Refrigeration Systems Market  

    15.1. Western Europe Industrial Refrigeration Systems Market Overview

    15.2. Western Europe Industrial Refrigeration Systems Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

    16. UK Industrial Refrigeration Systems Market  

    16.1. UK Industrial Refrigeration Systems Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

    17. Germany Industrial Refrigeration Systems Market  

    17.1. Germany Industrial Refrigeration Systems Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

    18. France Industrial Refrigeration Systems Market  

    18.5. France Industrial Refrigeration Systems Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.6. France Industrial Refrigeration Systems Market, Segmentation By Refrigerant, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.7. France Industrial Refrigeration Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Industrial Refrigeration Systems Market  

    19.9. Italy Industrial Refrigeration Systems Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.10. Italy Industrial Refrigeration Systems Market, Segmentation By Refrigerant, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.11. Italy Industrial Refrigeration Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Industrial Refrigeration Systems Market  

    20.13. Spain Industrial Refrigeration Systems Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.14. Spain Industrial Refrigeration Systems Market, Segmentation By Refrigerant, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.15. Spain Industrial Refrigeration Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Industrial Refrigeration Systems Market  

    21.1. Eastern Europe Industrial Refrigeration Systems Market Overview

    21.2. Eastern Europe Industrial Refrigeration Systems Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

    22. Russia Industrial Refrigeration Systems Market  

    22.1. Russia Industrial Refrigeration Systems Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

    23. North America Industrial Refrigeration Systems Market  

    23.1. North America Industrial Refrigeration Systems Market Overview

    23.2. North America Industrial Refrigeration Systems Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

    24. USA Industrial Refrigeration Systems Market  

    24.1. USA Industrial Refrigeration Systems Market Overview

    24.2. USA Industrial Refrigeration Systems Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

    25. Canada Industrial Refrigeration Systems Market  

    25.1. Canada Industrial Refrigeration Systems Market Overview

    25.2. Canada Industrial Refrigeration Systems Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

    26. South America Industrial Refrigeration Systems Market  

    26.1. South America Industrial Refrigeration Systems Market Overview

    26.2. South America Industrial Refrigeration Systems Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

    27. Brazil Industrial Refrigeration Systems Market  

    27.1. Brazil Industrial Refrigeration Systems Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

    28. Middle East Industrial Refrigeration Systems Market  

    28.1. Middle East Industrial Refrigeration Systems Market Overview

    28.2. Middle East Industrial Refrigeration Systems Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

    29. Africa Industrial Refrigeration Systems Market  

    29.1. Africa Industrial Refrigeration Systems Market Overview

    29.2. Africa Industrial Refrigeration Systems Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

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

    30. Industrial Refrigeration Systems Market Competitive Landscape And Company Profiles

    30.1. Industrial Refrigeration Systems Market Competitive Landscape

    30.2. Industrial Refrigeration Systems Market Company Profiles

    30.2.1. Johnson Controls International PLC

    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. GEA Group Aktiengesellschaft

    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. Danfoss A/S

    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. Daikin Industries Ltd.

    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. EVAPCO 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. Global Industrial Refrigeration Systems Market Competitive Benchmarking

    32. Global Industrial Refrigeration Systems Market Competitive Dashboard

    33. Key Mergers And Acquisitions In The Industrial Refrigeration Systems Market

    34. Industrial Refrigeration Systems Market Future Outlook and Potential Analysis

    34.1 Industrial Refrigeration Systems Market In 2028 - Countries Offering Most New Opportunities

    34.2 Industrial Refrigeration Systems Market In 2028 - Segments Offering Most New Opportunities

    34.3 Industrial Refrigeration Systems Market In 2028 - Growth Strategies

    34.3.1 Market Trend Based Strategies

    34.3.2 Competitor Strategies

    35. Appendix

    35.1. Abbreviations

    35.2. Currencies

    35.3. Historic And Forecast Inflation Rates

    35.4. Research Inquiries

    35.5. The Business Research Company

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

What is the definition of the industrial refrigeration systems market?

Industrial refrigeration system refers to tools and accessories designed to take heat away from big operations or big materials, bringing the temperature down to a suitable level. They are commonly used in cold storage, dairy processing, and beverage production. For further insights on the industrial refrigeration systems market, request a sample here

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

The industrial refrigeration systems market major growth driver - surging demand for frozen and processed food boosts growth in the industrial refrigeration system market. For further insights on the industrial refrigeration systems market, request a sample here

What is the forecast market size or the forecast market value of the industrial refrigeration systems market ?

The industrial refrigeration systems market size has grown strongly in recent years. It will grow from $21.96 billion in 2023 to $23.45 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to environmental regulations, energy efficiency concerns, globalization of supply chains, market consolidation, changing consumer preferences. The industrial refrigeration systems market size is expected to see strong growth in the next few years. It will grow to $30.32 billion in 2028 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to rising demand for cold storage, adoption of natural refrigerants, renewable energy integration, strategic partnerships and alliances, regulatory emphasis on energy efficiency. Major trends in the forecast period include green refrigerants adoption, energy efficiency, digitalization and iot integration, customization and modularization, regulatory compliance and safety, focus on cold chain logistics. For further insights on the industrial refrigeration systems market, request a sample here

How is the industrial refrigeration systems market segmented?

The industrial refrigeration systems market is segmented
1) By Component: Compressors, Rotary Screw Compressors, Centrifugal Compressors, Reciprocating Compressors, Diaphragm Compressors, Evaporators, Condensers, Controls
2) By Refrigerant: Ammonia, Carbon Dioxide
3) By Application: Refrigerated Warehouse, Refrigerated Transportation, Beverage Processing, Dairy and Ice cream ProcessingFor further insights on the industrial refrigeration systems market, request a sample here

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

North America was the largest region in the Industrial Refrigeration System in 2023. The regions covered in the industrial refrigeration systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa For further insights on the industrial refrigeration systems market, request a sample here.

Who are the major players in the industrial refrigeration systems market?

Major companies operating in the industrial refrigeration systems market report are Johnson Controls International PLC, GEA Group Aktiengesellschaft, Danfoss A/S, Daikin Industries Ltd., EVAPCO Inc., Bitzer Kuhlmaschinenbau GmbH, LU-VE GROUP, Güntner GmbH & Co. KG., Star Refrigeration Ltd., Emerson Electric Co., Lennox International Inc., Mayekawa Manufacturing Co. Ltd., Dover Corporation, Ingersoll Rand plc, Linde, M&M Systems Inc., MAN Energy Solutions, Mark Refrigeration Equipment Company, MTI Micro-Tech International Inc., Parker Hannifin Corporation, Polycold Systems Inc., Enviro Tech International Inc., Refrigeration Engineering Corporation, Rivacold S.r.l., SCM Frigo Group S.r.l., Sterling Cryogenics BV., Trane Technologies plc, United Technologies Corporation, Vilter Manufacturing Corporation, Vogt Ice Machine Co., Weiss Umwelttechnik GmbH . For further insights on the industrial refrigeration systems market, request a sample here.

What are the key trends in the industrial refrigeration systems market?

Major trend in the industrial refrigeration systems market - environment-friendly innovation in the market. For further insights on the industrial refrigeration systems market, request a sample here.

What are the major opportunities in the industrial refrigeration systems market? What are the strategies for the industrial refrigeration systems market?

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

How does the industrial refrigeration systems market relate to the overall economy and other similar markets?

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

What are the latest mergers and acquisitions in the industrial refrigeration systems industry?

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

What are the key dynamics influencing the industrial refrigeration systems market growth? SWOT analysis of the industrial refrigeration systems market.

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