Europe Refrigeration Component Market Size & Outlook
Europe refrigeration component market highlights
- The Europe refrigeration component market generated a revenue of USD 4.9 billion in 2025.
- The market is expected to grow at a CAGR of 5.7% from 2026 to 2033.
- In terms of segment, compressors was the largest revenue generating component type in 2025.
- Compressors is the most lucrative component type segment registering the fastest growth during the forecast period.
Europe data book summary
| Market revenue in 2025 | USD 4.9 billion |
| Market revenue in 2033 | USD 7.6 billion |
| Growth rate | 5.7% (CAGR from 2026 to 2033) |
| Largest segment | Compressors |
| Fastest growing segment | Compressors |
| Historical data covered | 2021 - 2024 |
| Base year for estimation | 2025 |
| Forecast period covered | 2026 - 2033 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Compressors |
Other key industry trends
- In terms of revenue, Europe region accounted for 21.9% of the global refrigeration component market in 2025.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2033.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 15.3 billion by 2033.
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Refrigeration Component Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| BITZER Kuhlmaschinenbau | View profile | 1001-5000 | Sindelfingen, Baden-Wurttemberg, Germany, Europe | http://bitzer.de |
| Carel industries | View profile | 1001-5000 | Brugine, Veneto, Italy, Europe | https://carel.com |
| Kirloskar Pneumatic | View profile | 501-1000 | Pune, Maharashtra, India, Asia | http://www.kirloskarkpcl.com/ |
| MAYEKAWA USA INC | View profile | 101-250 | Lebanon, Tennessee, United States, North America | http://mayekawausa.com |
| Tecumseh | View profile | 5001-10000 | Ann Arbor, Michigan, United States, North America | http://www.tecumseh.com/en |
| Carrier Global Corp Ordinary Shares | View profile | 53000 | 13995 Pasteur Boulevard, Palm Beach Gardens, FL, United States, 33418 | https://www.corporate.carrier.com |
| Danfoss A/S | View profile | 10001+ | Nordborg, Syddanmark, Denmark, Europe | https://www.danfoss.com |
| GEA Group AG | View profile | 19581 | Peter-Muller-Strasse 12, Dusseldorf, Germany, 40468 | https://www.gea.com |
| Emerson Electric Co | View profile | 67000 | 8000 West Florissant Avenue, P.O. Box 4100, St. Louis, MO, United States, 63136 | https://www.emerson.com |
| Panasonic Holdings Corp | View profile | 230025 | 1006, Oaza Kadoma, Kadoma-shi, Osaka, Japan, 571-8501 | https://holdings.panasonic |
| Johnson Controls International PLC | View profile | 102000 | One Albert Quay, Cork, Ireland, T12 X8N6 | https://www.johnsoncontrols.com |
Europe refrigeration component market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to refrigeration component market will help companies and investors design strategic landscapes.
Compressors was the largest segment with a revenue share of 106.12% in 2025. Horizon Databook has segmented the Europe refrigeration component market based on compressors covering the revenue growth of each sub-segment from 2021 to 2033.
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Target buyers of Europe refrigeration component market databook
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Our clientele includes a mix of refrigeration component market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe refrigeration component market , including forecasts for subscribers. This continent databook contains high-level insights into Europe refrigeration component market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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