Report Highlights
The global market for commercial refrigeration equipment is expected to grow from $45.9 billion in 2025 and is projected to reach $59.6 billion by the end of 2030, at a compound annual growth rate (CAGR) of 5.3% during the forecast period of 2025 to 2030.
Report Includes
- 93 data tables and 47 additional tables
- An overview of the global market for commercial refrigeration equipment
- In-depth analysis of global market trends, featuring historical revenue data for 2024, estimated figures for 2025, as well as forecasts for 2026, and 2029. This analysis includes projections of compound annual growth rates (CAGRs) through 2030
- Evaluation of the current market size and revenue growth prospects specific to the commercial refrigeration equipment, accompanied by a market share analysis by equipment type, refrigerant type, end user and region
- Analysis of current and future demand in the global commercial refrigeration equipment market, along with a detailed analysis of the competitive environment, market regulations and reimbursement practices
- Analysis of drivers, challenges and opportunities affecting market growth
- Coverage of evolving technologies, the current and future market potential, R&D activities, growth strategies, new product pipeline, regulatory framework and reimbursement scenarios, and ESG trends of the market
- Market share analysis of the key market participants in the commercial refrigeration equipment market, along with their research priorities, product portfolios, global rankings and competitive landscape
- Profiles of major companies within the industry, including Daikin Industries Ltd., Dover Corp., Johnson Controls, Danfoss A/S, and GEA Group Aktiengesellschaft
Report Scope
This report analyzes the global market for commercial refrigeration equipment by equipment type, refrigerant type and end user. Additionally, the report discusses the technological and competitive aspects, as well as economic trends that impact the market. The report also includes a patent analysis for the market, providing insights into its competitive dynamics. The report concludes with detailed profiles of the major companies in the market.
The report also provides a regional analysis, which covers North America, Europe, Asia-Pacific, the Middle East and Africa (MEA), and South America. It further examines the current and future factors influencing the demand. The base year of the report is 2024 and 2025 is the estimated year. The market values and volumes are forecasted for five years until 2030. All market values are in the dollar ($) million and volume in thousands of units.
Report Synopsis
| Report Metrics | Details | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Base year considered | 2024 | ||||||||||||||||
| Forecast period considered | 2025-2030 | ||||||||||||||||
| Base year market size | $44.3 Billion | ||||||||||||||||
| Market size forecast | $59.6 Billion | ||||||||||||||||
| Growth rate | CAGR of 5.3% for the forecast period of 2025-2030 | ||||||||||||||||
| Units considered | $ Millions and Thousand Units | ||||||||||||||||
| Segments covered | Equipment Type, Refrigerant Type, End User, and Region | ||||||||||||||||
| Regions covered | North America, Europe, Asia-Pacific, South America and Middle East and Africa | ||||||||||||||||
| Countries covered | U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina UAE, Africa, and Saudi Arabia | ||||||||||||||||
| Key Market Drivers |
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| Companies studied |
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Frequently Asked Questions (FAQs)
- Increasing demand for frozen and processed food products.
- Growing expansion of the retail sector.
- Growing demand for energy-efficient and eco-friendly refrigeration solutions.
- Stringent regulations for the usage of fluorocarbon refrigerants.
- High initial investment.
- Technological advancements in energy-efficient refrigeration systems.
- Increasing need for advanced food safety and storage solutions.
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
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Report Highlights
The global commercial refrigeration equipment market totaled $3.6 billion in 2017 and is estimated to reach nearly $4.9 billion by 2022, growing at a compound annual growth rate (CAGR) of 6.3% for the period of 2017-2022.
Report Includes
- 83 tables
- An overview of the global market for commercial refrigeration equipment
- Analyses of global market trends, with data from 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2022
- Identification of segments with high growth potential and their future applications
- Explanation of major drivers and regional dynamics of the market and current trends within the industry
- Detailed profiles of major vendors in the market, including Ali Group, Blue Star Ltd., Daikin Industries, Ltd., Electrolux AB and Panasonic Corp.
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