GVR Report cover Industrial Refrigeration Systems Market Size, Share & Trends Report

Industrial Refrigeration Systems Market Size, Share & Trends Analysis Report By Component (Compressors, Condensers, Evaporators, Controls), By Capacity, By Refrigerant, By Application, By Region, And Segment Forecasts, 2025 - 2030

  • Report ID: GVR-4-68039-101-1
  • Number of Report Pages: 140
  • Format: PDF
  • Historical Range: 2018 - 2024
  • Forecast Period: 2025 - 2030 
  • Industry: Technology

Industrial Refrigeration Systems Market Summary

The global industrial refrigeration systems market size was estimated at USD 21,323.4 million in 2024 and is projected to reach USD 28,104.7 million by 2030, growing at a CAGR of 4.8% from 2025 to 2030. The market is witnessing robust growth, driven by increasing demand for cold storage solutions in food & beverage, pharmaceuticals, and chemical industries.

Key Market Trends & Insights

  • In terms of region, Asia Pacific was the largest revenue generating market in 2024.
  • Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
  • In terms of segment, compressors accounted for a revenue of USD 16,920.2 million in 2024.
  • Evaporators is the most lucrative component segment registering the fastest growth during the forecast period.

Market Size & Forecast

  • 2024 Market Size: USD 21,323.4 Million
  • 2030 Projected Market Size: USD 28,104.7 Million
  • CAGR (2025-2030): 4.8%
  • Asia Pacific: Largest market in 2024

The rising need for efficient perishable goods storage and transportation is a key driver, especially with the expansion of global food supply chains. Stringent regulations on food safety and energy efficiency push industries to adopt advanced refrigeration technologies. Integrating IoT and automation in refrigeration systems improves energy efficiency and predictive maintenance, reducing operational costs. The shift toward natural refrigerants like CO₂ and ammonia due to environmental concerns also shapes market trends. In addition, the rapid expansion of e-commerce and online grocery delivery services is fueling demand for large-scale refrigerated warehouses. As industries focus on sustainability, energy efficiency, and digitalization, the market for industrial refrigeration systems is expected to grow steadily.

Industrial refrigeration rystems market size by region, and growth forecast (2025-2030)

The industrial refrigeration system industry rapidly incorporates IoT-enabled technologies and smart monitoring solutions to enhance operational efficiency. Advanced refrigeration systems now feature AI-powered analytics, real-time temperature monitoring, and predictive maintenance capabilities. By utilizing cloud-based data insights, businesses can optimize refrigeration performance, reduce downtime, and improve energy efficiency. Remote monitoring solutions are becoming a game-changer for large-scale cold storage facilities, food processing plants, and logistics companies. As industries continue their digital transformation, IoT-driven refrigeration systems will become a standard component of modern industrial operations.

Rising energy costs and stringent environmental regulations push the industrial refrigeration system industry to adopt energy-efficient solutions. Businesses are investing in advanced technologies such as variable speed compressors, thermal energy storage, and enhanced insulation to minimize energy consumption. Government incentives and sustainability goals further drive the shift toward eco-friendly refrigeration systems. The food and beverage sector is upgrading its refrigeration infrastructure to align with carbon footprint reduction initiatives. As energy efficiency remains a key industry focus, manufacturers prioritize developing cost-effective, high-performance cooling solutions.

The rapid growth of the e-commerce and online grocery sectors is propelling the industrial refrigeration system industry to expand cold storage and logistics capabilities. With increasing consumer demand for frozen and perishable goods, companies invest in temperature-controlled warehouses and distribution centers. Advanced industrial refrigeration technologies such as blast freezing, multi-temperature storage, and automation-driven solutions are becoming essential. Emerging economies in Asia Pacific and Latin America are experiencing major investments in cold chain logistics to support the growth of food, pharmaceuticals, and healthcare industries. This trend is expected to accelerate as global supply chains continue to modernize and adapt to changing market needs.

Safety concerns and evolving regulations drive the industrial refrigeration industry to adopt low-charge ammonia systems. Traditional ammonia refrigeration setups require large refrigerant charges, raising risks related to leaks and compliance issues. Low-charge ammonia systems utilize innovative designs that minimize refrigerant quantities while maintaining high efficiency and reliability. Industries such as dairy, meat processing, and brewing are increasingly adopting these systems to balance safety, performance, and sustainability. As regulatory frameworks tighten, low-charge ammonia refrigeration is expected to gain widespread adoption in industrial settings.

The industrial refrigeration system industry is experiencing a surge in adopting CO₂ transcritical systems due to their environmental benefits and superior efficiency. These systems are particularly beneficial in cold storage, food processing, and supermarket refrigeration, where sustainability and operational reliability are critical. Innovations such as parallel compression, ejector technology, and heat recovery integration are enhancing the energy efficiency of CO₂ transcritical systems. Companies increasingly choose these solutions to future-proof their refrigeration infrastructure against evolving environmental regulations. With the growing emphasis on decarbonization, CO₂ transcritical refrigeration is expected to dominate the industrial market in the coming years.

Component Insights

The compressors segment captured a significant market share of around 23% in 2024. The industrial refrigeration system industry is increasingly shifting toward energy-efficient compressors to reduce operational costs and carbon footprints. Businesses are adopting advanced compressor technologies such as variable speed drives (VSD) and two-stage compression systems to optimize energy consumption. These innovations help industries achieve higher cooling efficiency while minimizing power wastage. Regulatory policies promoting energy conservation further drive the adoption of high-efficiency compressors in industrial refrigeration. As sustainability becomes a priority, manufacturers invest in next-generation compressors to meet industry demand.

The controls segment is expected to witness a significant CAGR of around 5.3% from 2025 to 2030. The industrial refrigeration system industry is experiencing a surge in demand for adaptive and remote-control technologies that offer greater flexibility and efficiency. Wireless control systems, cloud-based dashboards, and remote diagnostics allow facility managers to monitor and adjust refrigeration performance from any location. These systems improve response times to operational issues and help businesses optimize energy usage. Adaptive controls can adjust cooling output based on external factors such as ambient temperature and humidity, further improving efficiency. As businesses seek scalable and cost-effective solutions, remote and adaptive refrigeration controls will continue to grow in popularity.

Capacity Insights

The 500kW-1000kW segment captured the highest market share in 2024. The 500kW-1000kW refrigeration segment is experiencing strong growth, driven by the expansion of mid-sized cold storage facilities and distribution centers. With the rise of urbanization and e-commerce, companies are setting up regional cold storage hubs to ensure efficient food and pharmaceutical distribution. These mid-scale facilities require reliable refrigeration systems that balance high cooling performance with energy efficiency. The need for localized cold chain solutions is growing as businesses seek to reduce transportation costs and improve delivery speed. This trend pushes investment in refrigeration systems within this capacity range to support evolving logistics networks.

1000kW-5000kW is expected to witness the fastest CAGR from 2025 to 2030. The demand for high-capacity refrigeration systems in the 1000kW-5000kW range is increasing due to the rapid growth of large cold storage warehouses and distribution centers. The rise of online grocery shopping, global food trade, and pharmaceutical storage requires reliable, high-efficiency refrigeration solutions. Businesses invest in large-scale systems to support extended storage times and reduce product spoilage. Governments worldwide also promote cold chain infrastructure to enhance food security and minimize post-harvest losses. This trend is driving the installation of more high-capacity refrigeration units to meet growing storage demands.

Refrigerant Insights

The HCFC segment captured the highest market share in 2024. Hydrochlorofluorocarbons (HCFCs) are being phased out globally due to their ozone-depleting potential (ODP) and high global warming potential (GWP). International agreements like the Montreal Protocol and the Kigali Amendment drive regulatory measures to reduce HCFC consumption. Many industries are transitioning to eco-friendly refrigerants, such as hydrofluoroolefins (HFOs), natural refrigerants (CO₂, ammonia), and hydrocarbons. Governments are enforcing strict bans, quota reductions, and financial incentives for businesses to adopt sustainable alternatives. As a result, manufacturers are investing in low-GWP and energy-efficient refrigeration technologies to stay compliant.

Ammonia is expected to witness the fastest CAGR from 2025 to 2030. Technological innovations are improving ammonia refrigeration systems' safety, efficiency, and application scope. The development of low-charge ammonia systems is reducing the risks associated with toxicity, making it more accessible for commercial applications. Hybrid ammonia-CO₂ refrigeration systems are gaining traction, offering enhanced energy efficiency and safety benefits. Smart monitoring systems with IoT integration and AI-driven optimization also enhance ammonia system performance. These advancements make ammonia a viable and scalable solution for a broader range of industries.

Application Insights

The food & beverage segment captured the highest market share in 2024. The increasing consumption of frozen and processed foods is driving the demand for advanced refrigeration systems in the food & beverage industry. As global supply chains expand, manufacturers and retailers require efficient cold storage and processing facilities to maintain food quality and safety. Large-scale food distributors invest in modern refrigeration solutions to extend product shelf life and minimize spoilage. Furthermore, the rise of e-commerce grocery services further fuels the need for temperature-controlled logistics. This trend pushes food businesses to adopt high-efficiency refrigeration systems that ensure compliance with food safety standards.

Industrial Refrigeration Systems Market Share, By Application, 2024 (%)

Chemical, petrochemical, & pharmaceutical is expected to witness CAGR from 2025 to 2030. The rise of specialty chemicals and biotechnology increases the need for advanced refrigeration solutions tailored to specific manufacturing processes. Many specialty chemicals require controlled cooling during synthesis, storage, and transportation to maintain product integrity. In biotech and pharmaceutical industries, cell culture storage, biological drug production, and gene therapy manufacturing rely on highly controlled refrigeration environments. Companies are investing in customized refrigeration solutions to meet these sectors' growing demand for precision cooling. As biotechnology and specialty chemical production expand, refrigeration technology will evolve to meet their unique requirements.

Regional Insights

The industrial refrigeration systems market in North America generated a significant revenue share, accounting for over 31% in 2024. The market is witnessing strong growth due to increasing demand for cold storage and food processing facilities. The rise of e-commerce grocery platforms and pharmaceutical cold chains drives investment in energy-efficient refrigeration solutions. Government incentives promoting sustainable refrigeration technologies are further shaping market trends in the region.

U.S. Industrial Refrigeration Systems Market Trends

The industrial refrigeration systems market in the U.S. held a dominant position in 2024. Stringent environmental regulations are accelerating the transition to low-GWP refrigerants such as CO₂ and ammonia in industrial refrigeration systems. Food processing, pharmaceuticals, and petrochemical industries are investing in eco-friendly cooling technologies to meet sustainability goals. The market is also seeing a surge in smart refrigeration solutions to optimize energy consumption and operational efficiency.

Europe Industrial Refrigeration Systems Market Trends

The industrial refrigeration systems market in Europe was identified as a lucrative region in 2024. Due to strict environmental regulations, Europe’s market is shifting toward high-efficiency systems. Adopting natural refrigerants, such as ammonia and CO₂, is accelerating as companies strive to reduce emissions and energy costs. Automation and AI-driven monitoring are becoming standard to optimize refrigeration performance and maintenance.

The UK industrial refrigeration systems market is seeing a rise in investments in sustainable and modular refrigeration solutions across the food and pharmaceutical industries. The transition to net-zero carbon emissions pushes companies to adopt energy-efficient refrigeration systems. Digital monitoring and predictive maintenance technologies are gaining traction to enhance system reliability.

The industrial refrigeration systems market in Germany integrates automation and AI-driven control systems to improve efficiency and reduce operational costs. The demand for high-performance refrigeration in the automotive, chemical, and food processing industries is rising. Smart monitoring solutions are crucial in optimizing energy consumption and predictive maintenance.

Asia Pacific Industrial Refrigeration Systems Market Trends

The industrial refrigeration systems market in the Asia Pacific region led the market with a revenue share of 32.62% in 2024 and is expected to grow at the highest CAGR of over 6.4% from 2025 to 2030. The Asia Pacific region is witnessing significant growth in industrial refrigeration due to expanding food processing and logistics sectors. Rising urbanization and increased demand for frozen foods drive the need for advanced cold storage solutions. Governments are supporting investments in energy-efficient refrigeration to meet environmental targets.

Industrial Refrigeration Systems Market Trends, by Region, 2025 - 2030

China industrial refrigeration systems market is expected to grow significantly due to the growing industrial sector, especially in food processing and pharmaceuticals, which is boosting demand for large-scale refrigeration systems. The country is investing in sustainable and smart refrigeration technologies to enhance energy efficiency. Strict environmental regulations are also pushing industries to transition toward low-GWP refrigerants.

The industrial refrigeration systems market in Japan is at the forefront of adopting cutting-edge refrigeration technologies, including AI-driven automation and IoT-enabled monitoring. The country’s focus on sustainability is driving the transition to natural refrigerants and high-efficiency cooling systems. The demand for precise temperature control in the pharmaceutical and electronics industries is further shaping market trends.

Key Industrial Refrigeration Systems Company Insights

Some key players operating in the market include Johnson Controls and Emerson Electric Co.

  • Johnson Controls is a well-established commercial and industrial refrigeration leader, offering advanced cooling solutions for data centers, healthcare, and retail industries. The company invests heavily in smart refrigeration systems with IoT-enabled predictive maintenance capabilities. Johnson Controls is also expanding its portfolio of low-GWP (Global Warming Potential) refrigerants to align with global sustainability goals. Its long-standing industry expertise and strategic acquisitions strengthen its position in the competitive market.

  • Emerson Electric Co. is a dominant force in the refrigeration industry, known for its Copeland-branded compressors and automation solutions. The company is focused on integrating AI and IoT technologies to optimize refrigeration efficiency and reduce operational costs. Emerson is also driving sustainability initiatives by developing CO₂ and low-GWP refrigerant-based cooling systems. With a strong global presence and continued investments in digital transformation, Emerson remains a key player in the refrigeration sector.

EVAPCO Inc. andGuntner GmbH & Co. KG are some of the emerging participants in the market.

  • EVAPCO Inc. is a rapidly growing player in the industrial refrigeration and cooling solutions market. The company specializes in energy-efficient evaporative cooling, hybrid, and dry cooling technologies for commercial and industrial applications. With increasing demand for sustainable refrigeration, EVAPCO has been investing in environmentally friendly solutions, such as natural refrigerants and advanced heat transfer technologies. The company’s focus on innovation and regulatory compliance positions it as a key emerging competitor in the market.

  • Guntner GmbH & Co. KG is expanding its footprint in the global refrigeration sector by providing high-performance heat exchangers for industrial and commercial applications. The company is leveraging digitalization and IoT to enhance operational efficiency in refrigeration systems. Guntner is also investing in sustainable cooling technologies, including CO₂ refrigeration and ammonia-based solutions, to meet stringent environmental regulations. Its strong focus on R&D and customized cooling solutions is helping it gain traction in the industry.

Key Industrial Refrigeration Systems Companies:

The following are the leading companies in the industrial refrigeration systems market. These companies collectively hold the largest market share and dictate industry trends.

  • Johnson Controls
  • Emerson Electric Co.
  • Danfoss
  • GEA Group Aktiengesellschaft
  • MAYEKAWA MFG Co. Ltd.
  • BITZER Kuhlmaschinenbau GmbH
  • DAIKIN Industries Ltd.
  • EVAPCO Inc.
  • Guntner GmbH & Co. KG
  • LU-VE S.p.A

Recent Developments

  • In March 2024, Hillphoenix Industrial entered a strategic partnership with Cool Refrigeration Systems & Solutions, a Hagerstown, Maryland-based company. Under this agreement, Cool Refrigeration will represent Hillphoenix’s industrial CO₂ refrigeration solutions across the Eastern U.S. and Canada.

  • In November 2023, Daikin introduced a new lineup of full-electric and plug-in hybrid transport refrigeration systems at SOLUTRANS in Lyon. With decades of expertise in commercial and industrial refrigeration, Daikin Transportation Refrigeration and the Zanotti brand specialize in the transportation of fresh and frozen products. Both entities operate under Daikin Europe, a subsidiary of Daikin Industries, the global leader in refrigeration, cooling, heating, ventilation, and air purification solutions.

  • In October 2023, Emerson launched a modular refrigeration unit featuring CO₂ (R744) scroll compressors, designed for small to medium-sized retail stores in Europe. The Copeland-branded units offer flexible installation options for indoor and outdoor settings, including packed or split configurations. Moreover, in 2021, Emerson introduced a CO₂ scroll compressor for commercial refrigeration applications, available in both low-temperature and medium-temperature variants. These compressors were a key highlight at Emerson’s 2022 Chillventa exhibition. 

Industrial Refrigeration Systems Market Report Scope

Report Attribute

Details

Market size value in 2025

USD 22.24 billion

Revenue forecast in 2030

USD 28.11 billion

Growth rate

CAGR of 4.8% from 2025 to 2030

Actual data

2018 - 2024

Forecast period

2025 - 2030

Quantitative units

Revenue in USD million/billion, and CAGR from 2025 to 2030

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Segments covered

Component, capacity, refrigerant, application, regional

Regional scope

North America; Europe; Asia Pacific; Latin America; Middle East & Africa

Country scope

U.S.; Canada; UK; Germany; France; Italy; Spain; China; Australia; Japan; India; South Korea; Brazil; Mexico; Saudi Arabia; South Africa

Key companies profiled

Johnson Controls; Emerson Electric Co.; Danfoss; GEA Group Aktiengesellschaft; MAYEKAWA MFG Co. Ltd.; BITZER Kuhlmaschinenbau GmbH; DAIKIN Industries Ltd.; EVAPCO Inc.; Guntner GmbH & Co. KG; LU-VE S.p.A

Customization scope

Free report customization (equivalent to up to 8 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Global Industrial Refrigeration Systems Market Report Segmentation

This report forecasts revenue growth at the regional and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global industrial refrigeration systems market report based on component, capacity, refrigerant, application, and region:

  • Component Outlook (Revenue, USD Million, 2018 - 2030)

    • Compressors

      • Rotary Screw Compressors

      • Centrifugal Compressors

      • Reciprocating Compressors

      • Others

    • Condensers

    • Evaporators

    • Controls

    • Others

  • Capacity Outlook (Revenue, USD Million, 2018 - 2030)

    • Less than 100 kW

    • 100-500 kW

    • 500kW-1000kW

    • 1000kW-5000kW

    • More than 5000 kW

  • Refrigerant Outlook (Revenue, USD Million, 2018 - 2030)

    • Ammonia

    • Carbon Dioxide

    • HFC

    • HCFC

    • Others

  • Application Outlook (Revenue, USD Million, 2018 - 2030)

    • Refrigerated Warehouse

    • Food & Beverage

    • Chemical, Petrochemical, & Pharmaceutical

    • Refrigerated Transportation

  • Regional Outlook (Revenue, USD Million, 2018 - 2030)

    • North America

      • U.S.

      • Canada

    • Europe

      • Germany

      • UK

      • France

      • Italy

      • Spain

    • Asia Pacific

      • China

      • Japan

      • India

      • South Korea

      • Australia

    • Latin America

      • Brazil

      • Mexico

    • Middle East and Africa

      • Saudi Arabia

      • South Africa

Frequently Asked Questions About This Report

Table of Contents

Chapter 1. Methodology and Scope
                    1.1. Market Segmentation and Scope
                    1.2. Market Definitions
                        1.2.1. Information analysis
                        1.2.2. Market formulation & data visualization
                        1.2.3. Data validation & publishing
                    1.3. Research Scope and Assumptions
                        1.3.1. List of Data Sources
Chapter 2. Executive Summary
                    2.1. Market Outlook
                    2.2. Segment Outlook
                    2.3. Competitive Insights
Chapter 3. Industrial Refrigeration Systems Market Variables, Trends, & Scope
                    3.1. Market Lineage Outlook
                    3.2. Market Dynamics
                        3.2.1. Market Driver Analysis
                        3.2.2. Market Restraint Analysis
                        3.2.3. Industry Challenge
                    3.3. Industrial Refrigeration Systems Market Analysis Tools
                        3.3.1. Industry Analysis - Porter’s
                            3.3.1.1. Bargaining power of the suppliers
                            3.3.1.2. Bargaining power of the buyers
                            3.3.1.3. Threats of substitution
                            3.3.1.4. Threats from new entrants
                            3.3.1.5. Competitive rivalry
                        3.3.2. PESTEL Analysis
                            3.3.2.1. Political landscape
                            3.3.2.2. Economic and social landscape
                            3.3.2.3. Technological landscape
Chapter 4. Industrial Refrigeration Systems Market: Component Estimates & Trend Analysis
                    4.1. Segment Dashboard
                    4.2. Industrial Refrigeration Systems Market: Component Movement Analysis, USD Million, 2024 & 2030
                    4.3. Compressors
                        4.3.1. Compressors Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
                            4.3.1.1. Rotary Screw Compressors
                                4.3.1.1.1. Rotary Screw Compressors Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
                            4.3.1.2. Centrifugal Compressors
                                4.3.1.2.1. Centrifugal Compressors Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
                            4.3.1.3. Reciprocating Compressors
                                4.3.1.3.1. Reciprocating Compressors Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
                            4.3.1.4. Others
                                4.3.1.4.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
                    4.4. Condensers
                        4.4.1. Condensers Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
                    4.5. Evaporators
                        4.5.1. Evaporators Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
                    4.6. Controls
                        4.6.1. Controls Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
                    4.7. Others
                        4.7.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Industrial Refrigeration Systems Market: Capacity Estimates & Trend Analysis
                    5.1. Segment Dashboard
                    5.2. Industrial Refrigeration Systems Market: Capacity Movement Analysis, USD Million, 2024 & 2030
                    5.3. Less than 100 kW
                        5.3.1. Less than 100 kW Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
                    5.4. 100-500 kW
                        5.4.1. 100-500 kW Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
                    5.5. 500kW-1000kW
                        5.5.1. 500kW-1000kW Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
                    5.6. 1000kW-5000kW
                        5.6.1. 1000kW-5000kW Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
                    5.7. More than 5000 kW
                        5.7.1. More than 5000 kW Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Industrial Refrigeration Systems Market: Refrigerant Estimates & Trend Analysis
                    6.1. Segment Dashboard
                    6.2. Industrial Refrigeration Systems Market: Refrigerant Movement Analysis, USD Million, 2024 & 2030
                    6.3. Ammonia
                        6.3.1. Ammonia Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
                    6.4. Carbon Dioxide
                        6.4.1. Carbon Dioxide Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
                    6.5. HFC
                        6.5.1. HFC Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
                    6.6. HCFC
                        6.6.1. HCFC Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
                    6.7. Others
                        6.7.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. Industrial Refrigeration Systems Market: Application Estimates & Trend Analysis
                    7.1. Segment Dashboard
                    7.2. Industrial Refrigeration Systems Market: Application Movement Analysis, USD Million, 2024 & 2030
                    7.3. Refrigerated Warehouse
                        7.3.1. Refrigerated Warehouse Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
                    7.4. Food & Beverage
                        7.4.1. Food & Beverage Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
                    7.5. Chemical, Petrochemical & Pharmaceuticals
                        7.5.1. Chemical, Petrochemical & Pharmaceuticals Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
                    7.6. Refrigerated Transportation
                        7.6.1. Refrigerated Transportation Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 8. Industrial Refrigeration Systems Market: Regional Estimates & Trend Analysis
                    8.1. Industrial Refrigeration Systems Market Share, By Region, 2024 & 2030 USD Million
                    8.2. North America
                        8.2.1. North America Industrial Refrigeration Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        8.2.2. U.S.
                            8.2.2.1. U.S. Industrial Refrigeration Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        8.2.3. Canada
                            8.2.3.1. Canada Industrial Refrigeration Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                    8.3. Europe
                        8.3.1. Europe Industrial Refrigeration Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        8.3.2. UK
                            8.3.2.1. UK Industrial Refrigeration Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        8.3.3. Germany
                            8.3.3.1. Germany Industrial Refrigeration Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        8.3.4. France
                            8.3.4.1. France Industrial Refrigeration Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        8.3.5. Italy
                            8.3.5.1. France Industrial Refrigeration Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        8.3.6. Spain
                            8.3.6.1. France Industrial Refrigeration Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                    8.4. Asia Pacific
                        8.4.1. Asia Pacific Industrial Refrigeration Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        8.4.2. China
                            8.4.2.1. China Industrial Refrigeration Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        8.4.3. Japan
                            8.4.3.1. Japan Industrial Refrigeration Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        8.4.4. India
                            8.4.4.1. India Industrial Refrigeration Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        8.4.5. South Korea
                            8.4.5.1. South Korea Industrial Refrigeration Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        8.4.6. Australia
                            8.4.6.1. Australia Industrial Refrigeration Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                    8.5. Latin America
                        8.5.1. Latin America Industrial Refrigeration Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        8.5.2. Brazil
                            8.5.2.1. Brazil Industrial Refrigeration Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        8.5.3. Mexico
                            8.5.3.1. Mexico Industrial Refrigeration Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                    8.6. Middle East and Africa
                        8.6.1. Middle East and Africa Industrial Refrigeration Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        8.6.2. Saudi Arabia
                            8.6.2.1. Saudi Arabia Industrial Refrigeration Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        8.6.3. South Africa
                            8.6.3.1. South Africa Industrial Refrigeration Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 9. Competitive Landscape
                    9.1. Company Categorization
                    9.2. Company Market Positioning
                    9.3. Company Heat Map Analysis
                    9.4. Company Profiles/Listing
                        9.4.1. Johnson Controls
                            9.4.1.1. Participant’s Overview
                            9.4.1.2. Financial Performance
                            9.4.1.3. Product Benchmarking
                            9.4.1.4. Strategic Initiatives
                        9.4.2. Emerson Electric Co.
                            9.4.2.1. Participant’s Overview
                            9.4.2.2. Financial Performance
                            9.4.2.3. Product Benchmarking
                            9.4.2.4. Strategic Initiatives
                        9.4.3. Danfoss
                            9.4.3.1. Participant’s Overview
                            9.4.3.2. Financial Performance
                            9.4.3.3. Product Benchmarking
                            9.4.3.4. Strategic Initiatives
                        9.4.4. GEA Group Aktiengesellschaft
                            9.4.4.1. Participant’s Overview
                            9.4.4.2. Financial Performance
                            9.4.4.3. Product Benchmarking
                            9.4.4.4. Strategic Initiatives
                        9.4.5. MAYEKAWA MFG Co. Ltd.
                            9.4.5.1. Participant’s Overview
                            9.4.5.2. Financial Performance
                            9.4.5.3. Product Benchmarking
                            9.4.5.4. Strategic Initiatives
                        9.4.6. BITZER Kuhlmaschinenbau GmbH
                            9.4.6.1. Participant’s Overview
                            9.4.6.2. Financial Performance
                            9.4.6.3. Product Benchmarking
                            9.4.6.4. Strategic Initiatives
                        9.4.7. DAIKIN Industries Ltd.
                            9.4.7.1. Participant’s Overview
                            9.4.7.2. Financial Performance
                            9.4.7.3. Product Benchmarking
                            9.4.7.4. Strategic Initiatives
                        9.4.8. EVAPCO Inc.
                            9.4.8.1. Participant’s Overview
                            9.4.8.2. Financial Performance
                            9.4.8.3. Product Benchmarking
                            9.4.8.4. Strategic Initiatives
                        9.4.9. Guntner GmbH & Co. KG
                            9.4.9.1. Participant’s Overview
                            9.4.9.2. Financial Performance
                            9.4.9.3. Product Benchmarking
                            9.4.9.4. Strategic Initiatives
                        9.4.10. LU-VE S.p.A
                            9.4.10.1. Participant’s Overview
                            9.4.10.2. Financial Performance
                            9.4.10.3. Product Benchmarking
                            9.4.10.4. Strategic Initiatives


List of Tables

Table 1 Global Industrial Refrigeration Systems Market Size Estimates & Forecasts 2018 - 2030 (USD Million)
Table 2 Global Industrial Refrigeration Systems Market, By Region 2018 - 2030 (USD Million)
Table 3 Global Industrial Refrigeration Systems Market, By Component 2018 - 2030 (USD Million)
Table 4 Global Industrial Refrigeration Systems Market, By Capacity 2018 - 2030 (USD Million)
Table 5 Global Industrial Refrigeration Systems Market, By Refrigerant 2018 - 2030 (USD Million)
Table 6 Global Industrial Refrigeration Systems Market, By Application 2018 - 2030 (USD Million)
Table 7 Compressors Industrial Refrigeration Systems Market, By Region 2018 - 2030 (USD Million)
Table 8 Condensers Industrial Refrigeration Systems Market, By Region 2018 - 2030 (USD Million)
Table 9 Evaporators Industrial Refrigeration Systems Market, By Region 2018 - 2030 (USD Million)
Table 10 Controls Industrial Refrigeration Systems Market, By Region 2018 - 2030 (USD Million)
Table 11 Others Industrial Refrigeration Systems Market, By Region 2018 - 2030 (USD Million)
Table 12 Rotary Screw Compressors Industrial Refrigeration Systems Market, By Region 2018 - 2030 (USD Million)
Table 13 Centrifugal Compressors Industrial Refrigeration Systems Market, By Region 2018 - 2030 (USD Million)
Table 14 Reciprocating Compressors Industrial Refrigeration Systems Market, By Region 2018 - 2030 (USD Million)
Table 15 Others Industrial Refrigeration Systems Market, By Region 2018 - 2030 (USD Million)
Table 16 Less than 100 kW Industrial Refrigeration Systems Market, By Region 2018 - 2030 (USD Million)
Table 17 100-500 kW Industrial Refrigeration Systems Market, By Region 2018 - 2030 (USD Million)
Table 18 500kW-1000kW Industrial Refrigeration Systems Market, By Region 2018 - 2030 (USD Million)
Table 19 1000kW-5000kW Industrial Refrigeration Systems Market, By Region 2018 - 2030 (USD Million)
Table 20 More than 5000 kW Industrial Refrigeration Systems Market, By Region 2018 - 2030 (USD Million)
Table 21 Ammonia Industrial Refrigeration Systems Market, By Region 2018 - 2030 (USD Million)
Table 22 Carbon Dioxide Industrial Refrigeration Systems Market, By Region 2018 - 2030 (USD Million)
Table 23 HFC Industrial Refrigeration Systems Market, By Region 2018 - 2030 (USD Million)
Table 24 HCFC Industrial Refrigeration Systems Market, By Region 2018 - 2030 (USD Million)
Table 25 Others Industrial Refrigeration Systems Market, By Region 2018 - 2030 (USD Million)
Table 26 Refrigerated Warehouse Industrial Refrigeration Systems Market, By Region 2018 - 2030 (USD Million)
Table 27 Food & Beverage Industrial Refrigeration Systems Market, By Region 2018 - 2030 (USD Million)
Table 28 Chemical, Petrochemical, & Pharmaceutical Industrial Refrigeration Systems Market, By Region 2018 - 2030 (USD Million)
Table 29 Refrigerated Transportation Industrial Refrigeration Systems Market, By Region 2018 - 2030 (USD Million)
Table 30 North America Industrial Refrigeration Systems Market, By Component 2018 - 2030 (USD Million)
Table 31 North America Industrial Refrigeration Systems Market, By Capacity 2018 - 2030 (USD Million)
Table 32 North America Industrial Refrigeration Systems Market, By Refrigerant 2018 - 2030 (USD Million)
Table 33 North America Industrial Refrigeration Systems Market, By Application 2018 - 2030 (USD Million)
Table 34 U.S. Industrial Refrigeration Systems Market, By Component 2018 - 2030 (USD Million)
Table 35 U.S. Industrial Refrigeration Systems Market, By Refrigerant 2018 - 2030 (USD Million)
Table 36 U.S. Industrial Refrigeration Systems Market, By Capacity 2018 - 2030 (USD Million)
Table 37 U.S. Industrial Refrigeration Systems Market, By Application 2018 - 2030 (USD Million)
Table 38 Canada Industrial Refrigeration Systems Market, By Component 2018 - 2030 (USD Million)
Table 39 Canada Industrial Refrigeration Systems Market, By Capacity 2018 - 2030 (USD Million)
Table 40 Canada Industrial Refrigeration Systems Market, By Refrigerant 2018 - 2030 (USD Million)
Table 41 Canada Industrial Refrigeration Systems Market, By Application 2018 - 2030 (USD Million)
Table 42 Europe Industrial Refrigeration Systems Market, By Component 2018 - 2030 (USD Million)
Table 43 Europe Industrial Refrigeration Systems Market, By Capacity 2018 - 2030 (USD Million)
Table 44 Europe Industrial Refrigeration Systems Market, By Refrigerant 2018 - 2030 (USD Million)
Table 45 Europe Industrial Refrigeration Systems Market, By Application 2018 - 2030 (USD Million)
Table 46 UK Industrial Refrigeration Systems Market, By Component 2018 - 2030 (USD Million)
Table 47 UK Industrial Refrigeration Systems Market, By Capacity 2018 - 2030 (USD Million)
Table 48 UK Industrial Refrigeration Systems Market, By Refrigerant 2018 - 2030 (USD Million)
Table 49 UK Industrial Refrigeration Systems Market, By Application 2018 - 2030 (USD Million)
Table 50 Germany Industrial Refrigeration Systems Market, By Component 2018 - 2030 (USD Million)
Table 51 Germany Industrial Refrigeration Systems Market, By Capacity 2018 - 2030 (USD Million)
Table 52 Germany Industrial Refrigeration Systems Market, By Refrigerant 2018 - 2030 (USD Million)
Table 53 Germany Industrial Refrigeration Systems Market, By Application 2018 - 2030 (USD Million)
Table 54 France Industrial Refrigeration Systems Market, By Component 2018 - 2030 (USD Million)
Table 55 France Industrial Refrigeration Systems Market, By Capacity 2018 - 2030 (USD Million)
Table 56 France Industrial Refrigeration Systems Market, By Refrigerant 2018 - 2030 (USD Million)
Table 57 France Industrial Refrigeration Systems Market, By Application 2018 - 2030 (USD Million)
Table 58 Italy Industrial Refrigeration Systems Market, By Component 2018 - 2030 (USD Million)
Table 59 Italy Industrial Refrigeration Systems Market, By Capacity 2018 - 2030 (USD Million)
Table 60 Italy Industrial Refrigeration Systems Market, By Refrigerant 2018 - 2030 (USD Million)
Table 61 Italy Industrial Refrigeration Systems Market, By Application 2018 - 2030 (USD Million)
Table 62 Spain Industrial Refrigeration Systems Market, By Component 2018 - 2030 (USD Million)
Table 63 Spain Industrial Refrigeration Systems Market, By Capacity 2018 - 2030 (USD Million)
Table 64 Spain Industrial Refrigeration Systems Market, By Refrigerant 2018 - 2030 (USD Million)
Table 65 Spain Industrial Refrigeration Systems Market, By Application 2018 - 2030 (USD Million)
Table 66 Asia Pacific Industrial Refrigeration Systems Market, By Component 2018 - 2030 (USD Million)
Table 67 Asia Pacific Industrial Refrigeration Systems Market, By Capacity 2018 - 2030 (USD Million)
Table 68 Asia Pacific Industrial Refrigeration Systems Market, By Refrigerant 2018 - 2030 (USD Million)
Table 69 Asia Pacific Industrial Refrigeration Systems Market, By Application 2018 - 2030 (USD Million)
Table 70 China Industrial Refrigeration Systems Market, By Component 2018 - 2030 (USD Million)
Table 71 China Industrial Refrigeration Systems Market, By Capacity 2018 - 2030 (USD Million)
Table 72 China Industrial Refrigeration Systems Market, By Refrigerant 2018 - 2030 (USD Million)
Table 73 China Industrial Refrigeration Systems Market, By Application 2018 - 2030 (USD Million)
Table 74 India Industrial Refrigeration Systems Market, By Component 2018 - 2030 (USD Million)
Table 75 India Industrial Refrigeration Systems Market, By Capacity 2018 - 2030 (USD Million)
Table 76 India Industrial Refrigeration Systems Market, By Refrigerant 2018 - 2030 (USD Million)
Table 77 India Industrial Refrigeration Systems Market, By Application 2018 - 2030 (USD Million)
Table 78 Japan Industrial Refrigeration Systems Market, By Component 2018 - 2030 (USD Million)
Table 79 Japan Industrial Refrigeration Systems Market, By Capacity 2018 - 2030 (USD Million)
Table 80 Japan Industrial Refrigeration Systems Market, By Refrigerant 2018 - 2030 (USD Million)
Table 81 Japan Industrial Refrigeration Systems Market, By Application 2018 - 2030 (USD Million)
Table 82 South Korea Industrial Refrigeration Systems Market, By Component 2018 - 2030 (USD Million)
Table 83 South Korea Industrial Refrigeration Systems Market, By Capacity 2018 - 2030 (USD Million)
Table 84 South Korea Industrial Refrigeration Systems Market, By Refrigerant 2018 - 2030 (USD Million)
Table 85 South Korea Industrial Refrigeration Systems Market, By Application 2018 - 2030 (USD Million)
Table 86 Australia Industrial Refrigeration Systems Market, By Component 2018 - 2030 (USD Million)
Table 87 Australia Industrial Refrigeration Systems Market, By Capacity 2018 - 2030 (USD Million)
Table 88 Australia Industrial Refrigeration Systems Market, By Refrigerant 2018 - 2030 (USD Million)
Table 89 Australia Industrial Refrigeration Systems Market, By Application 2018 - 2030 (USD Million)
Table 90 Latin America Industrial Refrigeration Systems Market, By Component 2018 - 2030 (USD Million)
Table 91 Latin America Industrial Refrigeration Systems Market, By Capacity 2018 - 2030 (USD Million)
Table 92 Latin America Industrial Refrigeration Systems Market, By Refrigerant 2018 - 2030 (USD Million)
Table 93 Latin America Industrial Refrigeration Systems Market, By Application 2018 - 2030 (USD Million)
Table 94 Brazil Industrial Refrigeration Systems Market, By Component 2018 - 2030 (USD Million)
Table 95 Brazil Industrial Refrigeration Systems Market, By Capacity 2018 - 2030 (USD Million)
Table 96 Brazil Industrial Refrigeration Systems Market, By Refrigerant 2018 - 2030 (USD Million)
Table 97 Brazil Industrial Refrigeration Systems Market, By Application 2018 - 2030 (USD Million)
Table 98 Mexico Industrial Refrigeration Systems Market, By Component 2018 - 2030 (USD Million)
Table 99 Mexico Industrial Refrigeration Systems Market, By Capacity 2018 - 2030 (USD Million)
Table 100 Mexico Industrial Refrigeration Systems Market, By Refrigerant 2018 - 2030 (USD Million)
Table 101 Mexico Industrial Refrigeration Systems Market, By Application 2018 - 2030 (USD Million)
Table 102 Middle East & Africa Industrial Refrigeration Systems Market, By Component 2018 - 2030 (USD Million)
Table 103 Middle East & Africa Industrial Refrigeration Systems Market, By Refrigerant 2018 - 2030 (USD Million)
Table 104 Middle East & Africa Industrial Refrigeration Systems Market, By Capacity 2018 - 2030 (USD Million)
Table 105 Middle East & Africa Industrial Refrigeration Systems Market, By Application 2018 - 2030 (USD Million)
Table 106 South Africa Industrial Refrigeration Systems Market, By Component 2018 - 2030 (USD Million)
Table 107 South Africa Industrial Refrigeration Systems Market, By Capacity 2018 - 2030 (USD Million)
Table 108 South Africa Industrial Refrigeration Systems Market, By Refrigerant 2018 - 2030 (USD Million)
Table 109 South Africa Industrial Refrigeration Systems Market, By Application 2018 - 2030 (USD Million)
Table 110 Saudi Arabia Industrial Refrigeration Systems Market, By Component 2018 - 2030 (USD Million)
Table 111 Saudi Arabia Industrial Refrigeration Systems Market, By Capacity 2018 - 2030 (USD Million)
Table 112 Saudi Arabia Industrial Refrigeration Systems Market, By Refrigerant 2018 - 2030 (USD Million)
Table 113 Saudi Arabia Industrial Refrigeration Systems Market, By Application 2018 - 2030 (USD Million)


List of Figures

Fig. 1 Industrial Refrigeration Systems Market segmentation
Fig. 2 Information procurement
Fig. 3 Data analysis models
Fig. 4 Market formulation and validation
Fig. 5 Data validating & publishing
Fig. 6 Industrial Refrigeration Systems Market snapshot
Fig. 7 Industrial Refrigeration Systems Market segment snapshot
Fig. 8 Industrial Refrigeration Systems Market competitive landscape snapshot
Fig. 9 Market research process
Fig. 10 Market driver relevance analysis (Current & future impact)
Fig. 11 Market restraint relevance analysis (Current & future impact)
Fig. 12 Industrial Refrigeration Systems Market, By Component, Key Takeaways
Fig. 13 Industrial Refrigeration Systems Market, By Component, Market Share, 2024 & 2030
Fig. 14 Compressors Market Estimates & Forecasts, 2018 - 2030 (USD Million)
Fig. 15 Condensers Market Estimates & Forecasts, 2018 - 2030 (USD Million)
Fig. 16 Evaporators Market Estimates & Forecasts, 2018 - 2030 (USD Million)
Fig. 17 Condensers Market Estimates & Forecasts, 2018 - 2030 (USD Million)
Fig. 18 Evaporators Market Estimates & Forecasts, 2018 - 2030 (USD Million)
Fig. 19 Condensers Market Estimates & Forecasts, 2018 - 2030 (USD Million)
Fig. 20 Evaporators Market Estimates & Forecasts, 2018 - 2030 (USD Million)
Fig. 21 Rotary Screw Compressors Market Estimates & Forecasts, 2018 - 2030 (USD Million)
Fig. 22 Centrifugal Compressors Estimates & Forecasts, 2018 - 2030 (USD Million)
Fig. 23 Reciprocating Compressors Market Estimates & Forecasts, 2018 - 2030 (USD Million)
Fig. 24 Others Market Estimates & Forecasts, 2018 - 2030 (USD Million)
Fig. 25 Controls Market Estimates & Forecasts, 2018 - 2030 (USD Million)
Fig. 26 Others Market Estimates & Forecasts, 2018 - 2030 (USD Million)
Fig. 27 Industrial Refrigeration Systems Market, By Capacity, Key Takeaways
Fig. 28 Industrial Refrigeration Systems Market, By Capacity, Market Share, 2024 & 2030
Fig. 29 Less than 100 kW Market Estimates & Forecasts, 2018 - 2030 (USD Million)
Fig. 30 100-500 kW Market Estimates & Forecasts, 2018 - 2030 (USD Million)
Fig. 31 500kW-1000kW Market Estimates & Forecasts, 2018 - 2030 (USD Million)
Fig. 32 1000kW-5000kW Market Estimates & Forecasts, 2018 - 2030 (USD Million)
Fig. 33 More than 5000 kW Market Estimates & Forecasts, 2018 - 2030 (USD Million)
Fig. 34 Ammonia Market Estimates & Forecasts, 2018 - 2030 (USD Million)
Fig. 35 Carbon Dioxide Market Estimates & Forecasts, 2018 - 2030 (USD Million)
Fig. 36 HFC Market Estimates & Forecasts, 2018 - 2030 (USD Million)
Fig. 37 HCFC Market Estimates & Forecasts, 2018 - 2030 (USD Million)
Fig. 38 Others Market Estimates & Forecasts, 2018 - 2030 (USD Million)
Fig. 39 Industrial Refrigeration Systems Market, By Application, Key Takeaways
Fig. 40 Industrial Refrigeration Systems Market, By Application, Market Share, 2024 & 2030
Fig. 41 Refrigerated Warehouse Market Estimates & Forecasts, 2018 - 2030 (USD Million)
Fig. 42 Food & Beverage Market Estimates & Forecasts, 2018 - 2030 (USD Million)
Fig. 43 Chemical, Petrochemical, & Pharmaceutical Market Estimates & Forecasts, 2018 - 2030 (USD Million)
Fig. 44 Refrigerated Transportation Market Estimates & Forecasts, 2018 - 2030 (USD
Fig. 45 Industrial Refrigeration Systems Market Revenue, By Region, 2024 & 2030 (USD Million)
Fig. 46 North America Industrial Refrigeration Systems Market Estimates & Forecast, 2018 - 2030 (USD Million)
Fig. 47 U.S. Industrial Refrigeration Systems Market Estimates & Forecast, 2018 - 2030 (USD Million)
Fig. 48 Canada Industrial Refrigeration Systems Market Estimates & Forecast, 2018 - 2030 (USD Million)
Fig. 49 Europe Industrial Refrigeration Systems Market Estimates & Forecast, 2018 - 2030 (USD Million)
Fig. 50 UK Industrial Refrigeration Systems Market Estimates & Forecast, 2018 - 2030 (USD Million)
Fig. 51 Germany Industrial Refrigeration Systems Market Estimates & Forecast, 2018 - 2030 (USD Million)
Fig. 52 France Industrial Refrigeration Systems Market Estimates & Forecast, 2018 - 2030 (USD Million)
Fig. 53 Italy Industrial Refrigeration Systems Market Estimates & Forecast, 2018 - 2030 (USD Million)
Fig. 54 Spain Industrial Refrigeration Systems Market Estimates & Forecast, 2018 - 2030 (USD Million)
Fig. 55 Asia Pacific Industrial Refrigeration Systems Market Estimates & Forecast, 2018 - 2030 (USD Million)
Fig. 56 China Industrial Refrigeration Systems Market Estimates & Forecast, 2018 - 2030 (USD Million)
Fig. 57 Japan Industrial Refrigeration Systems Market Estimates & Forecast, 2018 - 2030 (USD Million)
Fig. 58 India Industrial Refrigeration Systems Market Estimates & Forecast, 2018 - 2030 (USD Million)
Fig. 59 South Korea Industrial Refrigeration Systems Market Estimates & Forecast, 2018 - 2030 (USD Million)
Fig. 60 Australia Industrial Refrigeration Systems Market Estimates & Forecast, 2018 - 2030 (USD Million)
Fig. 61 Latin America Industrial Refrigeration Systems Market Estimates & Forecast, 2018 - 2030 (USD Million)
Fig. 62 Brazil Industrial Refrigeration Systems Market Estimates & Forecast, 2018 - 2030 (USD Million)
Fig. 63 Mexico Industrial Refrigeration Systems Market Estimates & Forecast, 2018 - 2030 (USD Million)
Fig. 64 MEA Industrial Refrigeration Systems Market Estimates & Forecast, 2018 - 2030 (USD Million)
Fig. 65 South Africa Industrial Refrigeration Systems Market Estimates & Forecast, 2018 - 2030 (USD Million)
Fig. 66 Saudi Arabia Industrial Refrigeration Systems Market Estimates & Forecast, 2018 - 2030 (USD Million)
Fig. 67 Strategic Framework

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Market Segmentation

  • Industrial Refrigeration System Component Outlook (Revenue, USD Million, 2018 - 2030)
    • Compressors
      • Rotary Screw Compressors
      • Centrifugal Compressors
      • Reciprocating Compressors
      • Others
    • Condensers
    • Evaporators
    • Controls
    • Others
  • Industrial Refrigeration System Capacity Outlook (Revenue, USD Million, 2018 - 2030)
    • Less than 100kW
    • 100-500kW
    • 500-1000kW
    • 1000-5000kW
    • More than 5000kW
  • Industrial Refrigeration System Refrigerant Outlook (Revenue, USD Million, 2018 - 2030)
    • Ammonia
    • Carbon Dioxide
    • HFC
    • HCFC
    • Others
  • Industrial Refrigeration System Application Outlook (Revenue, USD Million, 2018 - 2030)
    • Refrigerated Warehouse
    • Food & Beverage
    • Chemical, Petrochemical & Pharmaceuticals
    • Refrigerated Transportation
  • Industrial Refrigeration System Region Outlook (Revenue, USD Million, 2018 - 2030)
    • North America
      • North America Industrial Refrigeration Systems Market, by Component
        • Compressors
          • Rotary Screw Compressors
          • Centrifugal Compressors
          • Reciprocating Compressors
          • Other Compressors
        • Condensers
        • Evaporators
        • Controls
        • Others
      • North America Industrial Refrigeration Systems Market, by Capacity
        • Less than 100kW
        • 100-500kW
        • 500-1000kW
        • 1000-5000kW
        • More than 5000kW
      • North America Industrial Refrigeration Systems Market, by Refrigerant
        • Ammonia
        • Carbon Dioxide
        • HFC
        • HCFC
        • Others
      • North America Industrial Refrigeration Systems Market, by Application
        • Refrigerated Warehouse
        • Food & Beverage
        • Chemical, Petrochemical & Pharmaceuticals
        • Refrigerated Transportation
      • U.S.
        • U.S. Industrial Refrigeration Systems Market, by Component
          • Compressors
            • Rotary Screw Compressors
            • Centrifugal Compressors
            • Reciprocating Compressors
            • Others
          • Condensers
          • Evaporators
          • Controls
          • Others
        • U.S. Industrial Refrigeration Systems Market, by Capacity
          • Less than 100kW
          • 100-500kW
          • 500-1000kW
          • 1000-5000kW
          • More than 5000kW
        • U.S. Industrial Refrigeration Systems Market, by Refrigerant
          • Ammonia
          • Carbon Dioxide
          • HFC
          • HCFC
          • Others
        • U.S. Industrial Refrigeration Systems Market, by Application
          • Refrigerated Warehouse
          • Food & Beverage
          • Chemical, Petrochemical, & Pharmaceutical
          • Refrigerated Transportation
      • Canada
        • Canada Industrial Refrigeration Systems Market, by Component
          • Compressors
            • Rotary Screw Compressors
            • Centrifugal Compressors
            • Reciprocating Compressors
            • Others
          • Condensers
          • Evaporators
          • Controls
          • Others
        • Canada Industrial Refrigeration Systems Market, by Capacity
          • Less than 100kW
          • 100-500kW
          • 500-1000kW
          • 1000-5000kW
          • More than 5000kW
        • Canada Industrial Refrigeration Systems Market, by Refrigerant
          • Ammonia
          • Carbon Dioxide
          • HFC
          • HCFC
          • Others
        • Canada Industrial Refrigeration Systems Market, by Application
          • Refrigerated Warehouse
          • Food & Beverage
          • Chemical, Petrochemical, & Pharmaceutical
          • Refrigerated Transportation
    • Europe
      • Europe Industrial Refrigeration Systems Market, by Component
        • Compressors
          • Rotary Screw Compressors
          • Centrifugal Compressors
          • Reciprocating Compressors
          • Other Compressors
        • Condensers
        • Evaporators
        • Controls
        • Others
      • Europe Industrial Refrigeration Systems Market, by Capacity
        • Less than 100kW
        • 100-500kW
        • 500-1000kW
        • 1000-5000kW
        • More than 5000kW
      • Europe Industrial Refrigeration Systems Market, by Refrigerant
        • Ammonia
        • Carbon Dioxide
        • HFC
        • HCFC
        • Others
      • Europe Industrial Refrigeration Systems Market, by Application
        • Refrigerated Warehouse
        • Food & Beverage
        • Chemical, Petrochemical & Pharmaceuticals
        • Refrigerated Transportation
      • Germany
        • Germany Industrial Refrigeration Systems Market, by Component
          • Compressors
            • Rotary Screw Compressors
            • Centrifugal Compressors
            • Reciprocating Compressors
            • Others
          • Condensers
          • Evaporators
          • Controls
          • Others
        • Germany Industrial Refrigeration Systems Market, by Capacity
          • Less than 100kW
          • 100-500kW
          • 500-1000kW
          • 1000-5000kW
          • More than 5000kW
        • Germany Industrial Refrigeration Systems Market, by Refrigerant
          • Ammonia
          • Carbon Dioxide
          • HFC
          • HCFC
          • Others
        • Germany Industrial Refrigeration Systems Market, by Application
          • Refrigerated Warehouse
          • Food & Beverage
          • Chemical, Petrochemical, & Pharmaceutical
          • Refrigerated Transportation
      • UK
        • UK Industrial Refrigeration Systems Market, by Component
          • Compressors
            • Rotary Screw Compressors
            • Centrifugal Compressors
            • Reciprocating Compressors
            • Others
          • Condensers
          • Evaporators
          • Controls
          • Others
        • UK Industrial Refrigeration Systems Market, by Capacity
          • Less than 100kW
          • 100-500kW
          • 500-1000kW
          • 1000-5000kW
          • More than 5000kW
        • UK Industrial Refrigeration Systems Market, by Refrigerant
          • Ammonia
          • Carbon Dioxide
          • HFC
          • HCFC
          • Others
        • UK Industrial Refrigeration Systems Market, by Application
          • Refrigerated Warehouse
          • Food & Beverage
          • Chemical, Petrochemical, & Pharmaceutical
          • Refrigerated Transportation
      • France
        • France Industrial Refrigeration Systems Market, by Component
          • Compressors
            • Rotary Screw Compressors
            • Centrifugal Compressors
            • Reciprocating Compressors
            • Others
          • Condensers
          • Evaporators
          • Controls
          • Others
        • France Industrial Refrigeration Systems Market, by Capacity
          • Less than 100kW
          • 100-500kW
          • 500-1000kW
          • 1000-5000kW
          • More than 5000kW
        • France Industrial Refrigeration Systems Market, by Refrigerant
          • Ammonia
          • Carbon Dioxide
          • HFC
          • HCFC
          • Others
        • France Industrial Refrigeration Systems Market, by Application
          • Refrigerated Warehouse
          • Food & Beverage
          • Chemical, Petrochemical, & Pharmaceutical
          • Refrigerated Transportation
      • Italy
        • Italy Industrial Refrigeration Systems Market, by Component
          • Compressors
            • Rotary Screw Compressors
            • Centrifugal Compressors
            • Reciprocating Compressors
            • Others
          • Condensers
          • Evaporators
          • Controls
          • Others
        • Italy Industrial Refrigeration Systems Market, by Capacity
          • Less than 100kW
          • 100-500kW
          • 500-1000kW
          • 1000-5000kW
          • More than 5000kW
        • Italy Industrial Refrigeration Systems Market, by Refrigerant
          • Ammonia
          • Carbon Dioxide
          • HFC
          • HCFC
          • Others
        • Italy Industrial Refrigeration Systems Market, by Application
          • Refrigerated Warehouse
          • Food & Beverage
          • Chemical, Petrochemical, & Pharmaceutical
          • Refrigerated Transportation
      • Spain
        • Spain Industrial Refrigeration Systems Market, by Component
          • Compressors
            • Rotary Screw Compressors
            • Centrifugal Compressors
            • Reciprocating Compressors
            • Others
          • Condensers
          • Evaporators
          • Controls
          • Others
        • Spain Industrial Refrigeration Systems Market, by Capacity
          • Less than 100kW
          • 100-500kW
          • 500-1000kW
          • 1000-5000kW
          • More than 5000kW
        • Spain Industrial Refrigeration Systems Market, by Refrigerant
          • Ammonia
          • Carbon Dioxide
          • HFC
          • HCFC
          • Others
        • Spain Industrial Refrigeration Systems Market, by Application
          • Refrigerated Warehouse
          • Food & Beverage
          • Chemical, Petrochemical, & Pharmaceutical
          • Refrigerated Transportation
    • Asia Pacific
      • Asia Pacific Industrial Refrigeration Systems Market, by Component
        • Compressors
          • Rotary Screw Compressors
          • Centrifugal Compressors
          • Reciprocating Compressors
          • Other Compressors
        • Condensers
        • Evaporators
        • Controls
        • Others
      • Asia Pacific Industrial Refrigeration Systems Market, by Capacity
        • Less than 100kW
        • 100-500kW
        • 500-1000kW
        • 1000-5000kW
        • More than 5000kW
      • Spain Industrial Refrigeration Systems Market, by Refrigerant
        • Ammonia
        • Carbon Dioxide
        • HFC
        • HCFC
        • Others
      • Asia Pacific Industrial Refrigeration Systems Market, by Application
        • Refrigerated Warehouse
        • Food & Beverage
        • Chemical, Petrochemical & Pharmaceuticals
        • Refrigerated Transportation
      • China
        • China Industrial Refrigeration Systems Market, by Component
          • Compressors
            • Rotary Screw Compressors
            • Centrifugal Compressors
            • Reciprocating Compressors
            • Others
          • Condensers
          • Evaporators
          • Controls
          • Others
        • China Industrial Refrigeration Systems Market, by Capacity
          • Less than 100kW
          • 100-500kW
          • 500-1000kW
          • 1000-5000kW
          • More than 5000kW
        • China Industrial Refrigeration Systems Market, by Refrigerant
          • Ammonia
          • Carbon Dioxide
          • HFC
          • HCFC
          • Others
        • China Industrial Refrigeration Systems Market, by Application
          • Refrigerated Warehouse
          • Food & Beverage
          • Chemical, Petrochemical, & Pharmaceutical
          • Refrigerated Transportation
      • Japan
        • Japan Industrial Refrigeration Systems Market, by Component
          • Compressors
            • Rotary Screw Compressors
            • Centrifugal Compressors
            • Reciprocating Compressors
            • Others
          • Condensers
          • Evaporators
          • Controls
          • Others
        • Japan Industrial Refrigeration Systems Market, by Capacity
          • Less than 100kW
          • 100-500kW
          • 500-1000kW
          • 1000-5000kW
          • More than 5000kW
        • Japan Industrial Refrigeration Systems Market, by Refrigerant
          • Ammonia
          • Carbon Dioxide
          • HFC
          • HCFC
          • Others
        • Japan Industrial Refrigeration Systems Market, by Application
          • Refrigerated Warehouse
          • Food & Beverage
          • Chemical, Petrochemical, & Pharmaceutical
          • Refrigerated Transportation
      • India
        • India Industrial Refrigeration Systems Market, by Component
          • Compressors
            • Rotary Screw Compressors
            • Centrifugal Compressors
            • Reciprocating Compressors
            • Others
          • Condensers
          • Evaporators
          • Controls
          • Others
        • India Industrial Refrigeration Systems Market, by Capacity
          • Less than 100kW
          • 100-500kW
          • 500-1000kW
          • 1000-5000kW
          • More than 5000kW
        • India Industrial Refrigeration Systems Market, by Refrigerant
          • Ammonia
          • Carbon Dioxide
          • HFC
          • HCFC
          • Others
        • India Industrial Refrigeration Systems Market, by Application
          • Refrigerated Warehouse
          • Food & Beverage
          • Chemical, Petrochemical, & Pharmaceutical
          • Refrigerated Transportation
      • South Korea
        • South Korea Industrial Refrigeration Systems Market, by Component
          • Compressors
            • Rotary Screw Compressors
            • Centrifugal Compressors
            • Reciprocating Compressors
            • Others
          • Condensers
          • Evaporators
          • Controls
          • Others
        • South Korea Industrial Refrigeration Systems Market, by Capacity
          • Less than 100kW
          • 100-500kW
          • 500-1000kW
          • 1000-5000kW
          • More than 5000kW
        • South Korea Industrial Refrigeration Systems Market, by Refrigerant
          • Ammonia
          • Carbon Dioxide
          • HFC
          • HCFC
          • Others
        • South Korea Industrial Refrigeration Systems Market, by Application
          • Refrigerated Warehouse
          • Food & Beverage
          • Chemical, Petrochemical, & Pharmaceutical
          • Refrigerated Transportation
      • Australia
        • Australia Industrial Refrigeration Systems Market, by Component
          • Compressors
            • Rotary Screw Compressors
            • Centrifugal Compressors
            • Reciprocating Compressors
            • Others
          • Condensers
          • Evaporators
          • Controls
          • Others
        • Australia Industrial Refrigeration Systems Market, by Capacity
          • Less than 100kW
          • 100-500kW
          • 500-1000kW
          • 1000-5000kW
          • More than 5000kW
        • Australia Industrial Refrigeration Systems Market, by Refrigerant
          • Ammonia
          • Carbon Dioxide
          • HFC
          • HCFC
          • Others
        • Australia Industrial Refrigeration Systems Market, by Application
          • Refrigerated Warehouse
          • Food & Beverage
          • Chemical, Petrochemical, & Pharmaceutical
          • Refrigerated Transportation
    • Latin America
      • Latin America Industrial Refrigeration Systems Market, by Component
        • Compressors
          • Rotary Screw Compressors
          • Centrifugal Compressors
          • Reciprocating Compressors
          • Other Compressors
        • Condensers
        • Evaporators
        • Controls
        • Others
      • Latin America Industrial Refrigeration Systems Market, by Capacity
        • Less than 100kW
        • 100-500kW
        • 500-1000kW
        • 1000-5000kW
        • More than 5000kW
      • Latin America Industrial Refrigeration Systems Market, by Refrigerant
        • Ammonia
        • Carbon Dioxide
        • HFC
        • HCFC
        • Others
      • Latin America Industrial Refrigeration Systems Market, by Application
        • Refrigerated Warehouse
        • Food & Beverage
        • Chemical, Petrochemical & Pharmaceuticals
        • Refrigerated Transportation
      • Brazil
        • Brazil Industrial Refrigeration Systems Market, by Component
          • Compressors
            • Rotary Screw Compressors
            • Centrifugal Compressors
            • Reciprocating Compressors
            • Others
          • Condensers
          • Evaporators
          • Controls
          • Others
        • Brazil Industrial Refrigeration Systems Market, by Capacity
          • Less than 100kW
          • 100-500kW
          • 500-1000kW
          • 1000-5000kW
          • More than 5000kW
        • Brazil Industrial Refrigeration Systems Market, by Refrigerant
          • Ammonia
          • Carbon Dioxide
          • HFC
          • HCFC
          • Others
        • Brazil Industrial Refrigeration Systems Market, by Application
          • Refrigerated Warehouse
          • Food & Beverage
          • Chemical, Petrochemical, & Pharmaceutical
          • Refrigerated Transportation
      • Mexico
        • Mexico Industrial Refrigeration Systems Market, by Component
          • Compressors
            • Rotary Screw Compressors
            • Centrifugal Compressors
            • Reciprocating Compressors
            • Others
          • Condensers
          • Evaporators
          • Controls
          • Others
        • Mexico Industrial Refrigeration Systems Market, by Capacity
          • Less than 100kW
          • 100-500kW
          • 500-1000kW
          • 1000-5000kW
          • More than 5000kW
        • Mexico Industrial Refrigeration Systems Market, by Refrigerant
          • Ammonia
          • Carbon Dioxide
          • HFC
          • HCFC
          • Others
        • Mexico Industrial Refrigeration Systems Market, by Application
          • Refrigerated Warehouse
          • Food & Beverage
          • Chemical, Petrochemical, & Pharmaceutical
          • Refrigerated Transportation
    • MEA
      • MEA Industrial Refrigeration Systems Market, by Component
        • Compressors
          • Rotary Screw Compressors
          • Centrifugal Compressors
          • Reciprocating Compressors
          • Other Compressors
        • Condensers
        • Evaporators
        • Controls
        • Others
      • MEA Industrial Refrigeration Systems Market, by Capacity
        • Less than 100kW
        • 100-500kW
        • 500-1000kW
        • 1000-5000kW
        • More than 5000kW
      • MEA Industrial Refrigeration Systems Market, by Refrigerant
        • Ammonia
        • Carbon Dioxide
        • HFC
        • HCFC
        • Others
      • MEA Industrial Refrigeration Systems Market, by Application
        • Refrigerated Warehouse
        • Food & Beverage
        • Chemical, Petrochemical & Pharmaceuticals
        • Refrigerated Transportation
      • Saudi Arabia
        • Saudi Arabia Industrial Refrigeration Systems Market, by Component
          • Compressors
            • Rotary Screw Compressors
            • Centrifugal Compressors
            • Reciprocating Compressors
            • Others
          • Condensers
          • Evaporators
          • Controls
          • Others
        • Saudi Arabia Industrial Refrigeration Systems Market, by Capacity
          • Less than 100kW
          • 100-500kW
          • 500-1000kW
          • 1000-5000kW
          • More than 5000kW
        • Saudi Arabia Industrial Refrigeration Systems Market, by Refrigerant
          • Ammonia
          • Carbon Dioxide
          • HFC
          • HCFC
          • Others
        • Saudi Arabia Industrial Refrigeration Systems Market, by Application
          • Refrigerated Warehouse
          • Food & Beverage
          • Chemical, Petrochemical, & Pharmaceutical
          • Refrigerated Transportation
      • South Africa
        • South Africa Industrial Refrigeration Systems Market, by Component
          • Compressors
            • Rotary Screw Compressors
            • Centrifugal Compressors
            • Reciprocating Compressors
            • Others
          • Condensers
          • Evaporators
          • Controls
          • Others
        • South Africa Industrial Refrigeration Systems Market, by Capacity
          • Less than 100kW
          • 100-500kW
          • 500-1000kW
          • 1000-5000kW
          • More than 5000kW
        • South Africa Industrial Refrigeration Systems Market, by Refrigerant
          • Ammonia
          • Carbon Dioxide
          • HFC
          • HCFC
          • Others
        • South Africa Industrial Refrigeration Systems Market, by Application
          • Refrigerated Warehouse
          • Food & Beverage
          • Chemical, Petrochemical, & Pharmaceutical
          • Refrigerated Transportation

Report content

Qualitative Analysis

  • Industry overview
  • Industry trends
  • Market drivers and restraints
  • Market size
  • Growth prospects
  • Porter’s analysis
  • PESTEL analysis
  • Key market opportunities prioritized
  • Competitive landscape
    • Company overview
    • Financial performance
    • Product benchmarking
    • Latest strategic developments

Quantitative Analysis

  • Market size, estimates, and forecast from 2018 to 2030
  • Market estimates and forecast for product segments up to 2030
  • Regional market size and forecast for product segments up to 2030
  • Market estimates and forecast for application segments up to 2030
  • Regional market size and forecast for application segments up to 2030
  • Company financial performance
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Research Methodology

Grand View Research employs a comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecast possible. The company utilizes a combination of bottom-up and top-down approaches for segmenting and estimating quantitative aspects of the market. In Addition, a recurring theme prevalent across all our research reports is data triangulation that looks market from three different perspectives. Critical elements of the methodology employed for all our studies include:

Preliminary data mining

Raw market data is obtained and collated on a broad front. Data is continuously filtered to ensure that only validated and authenticated sources are considered. In addition, data is also mined from a host of reports in our repository, as well as a number of reputed paid databases. For a comprehensive understanding of the market, it is essential to understand the complete value chain, and in order to facilitate this; we collect data from raw material suppliers, distributors as well as buyers.

Technical issues and trends are obtained from surveys, technical symposia, and trade journals. Technical data is also gathered from an intellectual property perspective, focusing on white space and freedom of movement. Industry dynamics with respect to drivers, restraints, pricing trends are also gathered. As a result, the material developed contains a wide range of original data that is then further cross-validated and authenticated with published sources.

Statistical model

Our market estimates and forecasts are derived through simulation models. A unique model is created customized for each study. Gathered information for market dynamics, technology landscape, application development, and pricing trends are fed into the model and analyzed simultaneously. These factors are studied on a comparative basis, and their impact over the forecast period is quantified with the help of correlation, regression, and time series analysis. Market forecasting is performed via a combination of economic tools, technological analysis, industry experience, and domain expertise.

Econometric models are generally used for short-term forecasting, while technological market models are used for long-term forecasting. These are based on an amalgamation of the technology landscape, regulatory frameworks, economic outlook, and business principles. A bottom-up approach to market estimation is preferred, with key regional markets analyzed as separate entities and integration of data to obtain global estimates. This is critical for a deep understanding of the industry as well as ensuring minimal errors. Some of the parameters considered for forecasting include:

    • Market drivers and restraints, along with their current and expected impact
    • Raw material scenario and supply v/s price trends
    • Regulatory scenario and expected developments
    • Current capacity and expected capacity additions up to 2030

We assign weights to these parameters and quantify their market impact using weighted average analysis, to derive an expected market growth rate.

Primary validation

This is the final step in estimating and forecasting for our reports. Exhaustive primary interviews are conducted, face to face as well as over the phone to validate our findings and assumptions used to obtain them. Interviewees are approached from leading companies across the value chain including suppliers, technology providers, domain experts, and buyers so as to ensure a holistic and unbiased picture of the market. These interviews are conducted across the globe, with language barriers overcome with the aid of local staff and interpreters. Primary interviews not only help in data validation but also provide critical insights into the market, current business scenario, and future expectations and enhance the quality of our reports. All our estimates and forecast are verified through exhaustive primary research with Key Industry Participants (KIPs) which typically include:

    • Market-leading companies
    • Raw material suppliers
    • Product distributors
    • Buyers

The key objectives of primary research are as follows:

    • To validate our data in terms of accuracy and acceptability
    • To gain an insight in to the current market and future expectations

Data Collection Matrix

Perspective

Primary research

Secondary research

Supply-side
  • Manufacturers
  • Technology distributors and wholesalers
  • Company reports and publications
  • Government publications
  • Independent investigations
  • Economic and demographic data

Demand-side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customers


Industry Analysis Matrix

Qualitative analysis

Quantitative analysis
  • Industry landscape and trends
  • Market dynamics and key issues
  • Technology landscape
  • Market opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2030
  • Market revenue estimates and forecasts up to 2030, by technology
  • Market revenue estimates and forecasts up to 2030, by application
  • Market revenue estimates and forecasts up to 2030, by type
  • Market revenue estimates and forecasts up to 2030, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

 

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