APO RESEARCH · REPORT
Industrial Refrigeration Equipments
Industrial refrigeration equipment refers to machines and systems used for industrial refrigeration application, which generally include refrigeration compressor, evaporator unit, industrial rack, heat exchanger and etc.
Product & engineering
Understand the product.
Industrial refrigeration equipment refers to machines and systems used for industrial refrigeration application, which generally include refrigeration compressor, evaporator unit, industrial rack, heat exchanger and etc.
Selected research
Industry Growth & Trends
Global Industrial Refrigeration Equipments Industry Growth and Trends Forecast to 2032
Market perspective
Industrial refrigeration equipment refers to machines and systems used for industrial refrigeration application, which generally include refrigeration compressor, evaporator unit, industrial rack, heat exchanger and etc.
Global Industrial Refrigeration Equipments key players include Ingersoll Rand, Johnson Controls, Daikin, United Technologies, Danfoss, etc. Global top five manufacturers hold a share over 40%. Europe is the largest market, with a share over 22%, followed by North America and China, both have a share over 40% percent.
In terms of product, Refrigeration Compressor is the largest segment, with a share over 25%. And in terms of application, the largest application is Food & Beverage Production, followed by Logistics Industry and Energy Industry.
Read the full market overview
Report Scope
This report provides a structured, data-driven view of the global Industrial Refrigeration Equipments market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.
The Industrial Refrigeration Equipments market size, estimates, and forecasts are presented in terms of sales volume (K Units) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global Industrial Refrigeration Equipments market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to Industrial Refrigeration Equipments.
Key Companies & Market Share Insights
This section analyzes the strategies and performance of leading manufacturers in the global Industrial Refrigeration Equipments market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.
Industrial Refrigeration Equipments Market by Company
Ingersoll Rand
Johnson Controls
Daikin
United Technologies
Danfoss
GEA
Emerson
Mayekawa
BITZER
Lennox International
Yantai Moon
Evapco
Shanghai Reindustry
LU-VE
Star Refrigeration
Industrial Refrigeration Equipments Segment by Type
Refrigeration Compressor
Evaporators Unit
Industrial Rack
Heat Exchanger
Others
Industrial Refrigeration Equipments Segment by Application
Food & Beverage Production
Chemicals & Pharmaceuticals
Energy Industry
Logistics Industry
Others
Industrial Refrigeration Equipments Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Industrial Refrigeration Equipments market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Industrial Refrigeration Equipments and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Industrial Refrigeration Equipments.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Industrial Refrigeration Equipments manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Industrial Refrigeration Equipments in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Refrigeration Compressor
- Evaporators Unit
- Industrial Rack
- Heat Exchanger
- Others
Applications
- Food & Beverage Production
- Chemicals & Pharmaceuticals
- Energy Industry
- Logistics Industry
- Others
Companies covered
- Ingersoll Rand
- Johnson Controls
- Daikin
- United Technologies
- Danfoss
- GEA
- Emerson
- Mayekawa
- BITZER
- Lennox International
- Yantai Moon
- Evapco
- Shanghai Reindustry
- LU-VE
- Star Refrigeration
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Industrial Refrigeration Equipments Market Size Estimates and Forecasts (2021-2032)
- 1.2.2 Global Industrial Refrigeration Equipments Sales Estimates and Forecasts (2021-2032)
- 1.3 Industrial Refrigeration Equipments Market by Type
- 1.3.1 Refrigeration Compressor
- 1.3.2 Evaporators Unit
- 1.3.3 Industrial Rack
- 1.3.4 Heat Exchanger
- 1.3.5 Others
- 1.4 Global Industrial Refrigeration Equipments Market Size by Type
- 1.4.1 Global Industrial Refrigeration Equipments Market Size Overview by Type (2021-2032)
- 1.4.2 Global Industrial Refrigeration Equipments Historic Market Size Review by Type (2021-2026)
- 1.4.3 Global Industrial Refrigeration Equipments Forecasted Market Size by Type (2027-2032)
- 1.5 Key Regions Market Size by Type
- 1.5.1 North America Industrial Refrigeration Equipments Sales Breakdown by Type (2021-2026)
- 1.5.2 Europe Industrial Refrigeration Equipments Sales Breakdown by Type (2021-2026)
- 1.5.3 Asia-Pacific Industrial Refrigeration Equipments Sales Breakdown by Type (2021-2026)
- 1.5.4 South America Industrial Refrigeration Equipments Sales Breakdown by Type (2021-2026)
- 1.5.5 Middle East and Africa Industrial Refrigeration Equipments Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
- 2.1 Industrial Refrigeration Equipments Industry Trends
- 2.2 Industrial Refrigeration Equipments Industry Drivers
- 2.3 Industrial Refrigeration Equipments Industry Opportunities and Challenges
- 2.4 Industrial Refrigeration Equipments Industry Restraints
3 Market Competitive Landscape by Company
- 3.1 Global Top Players by Industrial Refrigeration Equipments Revenue (2021-2026)
- 3.2 Global Top Players by Industrial Refrigeration Equipments Sales (2021-2026)
- 3.3 Global Top Players by Industrial Refrigeration Equipments Price (2021-2026)
- 3.4 Global Industrial Refrigeration Equipments Industry Company Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Industrial Refrigeration Equipments Major Company Production Sites & Headquarters
- 3.6 Global Industrial Refrigeration Equipments Company, Product Type & Application
- 3.7 Global Industrial Refrigeration Equipments Company Establishment Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Industrial Refrigeration Equipments Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Industrial Refrigeration Equipments Players Market Share by Revenue in 2025
- 3.8.3 2025 Industrial Refrigeration Equipments Tier 1, Tier 2, and Tier 3
4 Industrial Refrigeration Equipments Regional Status and Outlook
- 4.1 Global Industrial Refrigeration Equipments Market Size and CAGR by Region: 2021 VS 2025 VS 2032
- 4.2 Global Industrial Refrigeration Equipments Historic Market Size by Region
- 4.2.1 Global Industrial Refrigeration Equipments Sales in Volume by Region (2021-2026)
- 4.2.2 Global Industrial Refrigeration Equipments Sales in Value by Region (2021-2026)
- 4.2.3 Global Industrial Refrigeration Equipments Sales (Volume & Value), Price and Gross Margin (2021-2026)
- 4.3 Global Industrial Refrigeration Equipments Forecasted Market Size by Region
- 4.3.1 Global Industrial Refrigeration Equipments Sales in Volume by Region (2027-2032)
- 4.3.2 Global Industrial Refrigeration Equipments Sales in Value by Region (2027-2032)
- 4.3.3 Global Industrial Refrigeration Equipments Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 Industrial Refrigeration Equipments by Application
- 5.1 Industrial Refrigeration Equipments Market by Application
- 5.1.1 Food & Beverage Production
- 5.1.2 Chemicals & Pharmaceuticals
- 5.1.3 Energy Industry
- 5.1.4 Logistics Industry
- 5.1.5 Others
- 5.2 Global Industrial Refrigeration Equipments Market Size by Application
- 5.2.1 Global Industrial Refrigeration Equipments Market Size Overview by Application (2021-2032)
- 5.2.2 Global Industrial Refrigeration Equipments Historic Market Size Review by Application (2021-2026)
- 5.2.3 Global Industrial Refrigeration Equipments Forecasted Market Size by Application (2027-2032)
- 5.3 Key Regions Market Size by Application
- 5.3.1 North America Industrial Refrigeration Equipments Sales Breakdown by Application (2021-2026)
- 5.3.2 Europe Industrial Refrigeration Equipments Sales Breakdown by Application (2021-2026)
- 5.3.3 Asia-Pacific Industrial Refrigeration Equipments Sales Breakdown by Application (2021-2026)
- 5.3.4 South America Industrial Refrigeration Equipments Sales Breakdown by Application (2021-2026)
- 5.3.5 Middle East and Africa Industrial Refrigeration Equipments Sales Breakdown by Application (2021-2026)
6 Company Profiles
- 6.1 Ingersoll Rand
- 6.1.1 Ingersoll Rand Company Information
- 6.1.2 Ingersoll Rand Business Overview
- 6.1.3 Ingersoll Rand Industrial Refrigeration Equipments Sales, Revenue and Gross Margin (2021-2026)
- 6.1.4 Ingersoll Rand Industrial Refrigeration Equipments Product Portfolio
- 6.1.5 Ingersoll Rand Recent Developments
- 6.2 Johnson Controls
- 6.2.1 Johnson Controls Company Information
- 6.2.2 Johnson Controls Business Overview
- 6.2.3 Johnson Controls Industrial Refrigeration Equipments Sales, Revenue and Gross Margin (2021-2026)
- 6.2.4 Johnson Controls Industrial Refrigeration Equipments Product Portfolio
- 6.2.5 Johnson Controls Recent Developments
- 6.3 Daikin
- 6.3.1 Daikin Company Information
- 6.3.2 Daikin Business Overview
- 6.3.3 Daikin Industrial Refrigeration Equipments Sales, Revenue and Gross Margin (2021-2026)
- 6.3.4 Daikin Industrial Refrigeration Equipments Product Portfolio
- 6.3.5 Daikin Recent Developments
- 6.4 United Technologies
- 6.4.1 United Technologies Company Information
- 6.4.2 United Technologies Business Overview
- 6.4.3 United Technologies Industrial Refrigeration Equipments Sales, Revenue and Gross Margin (2021-2026)
- 6.4.4 United Technologies Industrial Refrigeration Equipments Product Portfolio
- 6.4.5 United Technologies Recent Developments
- 6.5 Danfoss
- 6.5.1 Danfoss Company Information
- 6.5.2 Danfoss Business Overview
- 6.5.3 Danfoss Industrial Refrigeration Equipments Sales, Revenue and Gross Margin (2021-2026)
- 6.5.4 Danfoss Industrial Refrigeration Equipments Product Portfolio
- 6.5.5 Danfoss Recent Developments
- 6.6 GEA
- 6.6.1 GEA Company Information
- 6.6.2 GEA Business Overview
- 6.6.3 GEA Industrial Refrigeration Equipments Sales, Revenue and Gross Margin (2021-2026)
- 6.6.4 GEA Industrial Refrigeration Equipments Product Portfolio
- 6.6.5 GEA Recent Developments
- 6.7 Emerson
- 6.7.1 Emerson Company Information
- 6.7.2 Emerson Business Overview
- 6.7.3 Emerson Industrial Refrigeration Equipments Sales, Revenue and Gross Margin (2021-2026)
- 6.7.4 Emerson Industrial Refrigeration Equipments Product Portfolio
- 6.7.5 Emerson Recent Developments
- 6.8 Mayekawa
- 6.8.1 Mayekawa Company Information
- 6.8.2 Mayekawa Business Overview
- 6.8.3 Mayekawa Industrial Refrigeration Equipments Sales, Revenue and Gross Margin (2021-2026)
- 6.8.4 Mayekawa Industrial Refrigeration Equipments Product Portfolio
- 6.8.5 Mayekawa Recent Developments
- 6.9 BITZER
- 6.9.1 BITZER Company Information
- 6.9.2 BITZER Business Overview
- 6.9.3 BITZER Industrial Refrigeration Equipments Sales, Revenue and Gross Margin (2021-2026)
- 6.9.4 BITZER Industrial Refrigeration Equipments Product Portfolio
- 6.9.5 BITZER Recent Developments
- 6.10 Lennox International
- 6.10.1 Lennox International Company Information
- 6.10.2 Lennox International Business Overview
- 6.10.3 Lennox International Industrial Refrigeration Equipments Sales, Revenue and Gross Margin (2021-2026)
- 6.10.4 Lennox International Industrial Refrigeration Equipments Product Portfolio
- 6.10.5 Lennox International Recent Developments
- 6.11 Yantai Moon
- 6.11.1 Yantai Moon Company Information
- 6.11.2 Yantai Moon Business Overview
- 6.11.3 Yantai Moon Industrial Refrigeration Equipments Sales, Revenue and Gross Margin (2021-2026)
- 6.11.4 Yantai Moon Industrial Refrigeration Equipments Product Portfolio
- 6.11.5 Yantai Moon Recent Developments
- 6.12 Evapco
- 6.12.1 Evapco Company Information
- 6.12.2 Evapco Business Overview
- 6.12.3 Evapco Industrial Refrigeration Equipments Sales, Revenue and Gross Margin (2021-2026)
- 6.12.4 Evapco Industrial Refrigeration Equipments Product Portfolio
- 6.12.5 Evapco Recent Developments
- 6.13 Shanghai Reindustry
- 6.13.1 Shanghai Reindustry Company Information
- 6.13.2 Shanghai Reindustry Business Overview
- 6.13.3 Shanghai Reindustry Industrial Refrigeration Equipments Sales, Revenue and Gross Margin (2021-2026)
- 6.13.4 Shanghai Reindustry Industrial Refrigeration Equipments Product Portfolio
- 6.13.5 Shanghai Reindustry Recent Developments
- 6.14 LU-VE
- 6.14.1 LU-VE Company Information
- 6.14.2 LU-VE Business Overview
- 6.14.3 LU-VE Industrial Refrigeration Equipments Sales, Revenue and Gross Margin (2021-2026)
- 6.14.4 LU-VE Industrial Refrigeration Equipments Product Portfolio
- 6.14.5 LU-VE Recent Developments
- 6.15 Star Refrigeration
- 6.15.1 Star Refrigeration Company Information
- 6.15.2 Star Refrigeration Business Overview
- 6.15.3 Star Refrigeration Industrial Refrigeration Equipments Sales, Revenue and Gross Margin (2021-2026)
- 6.15.4 Star Refrigeration Industrial Refrigeration Equipments Product Portfolio
- 6.15.5 Star Refrigeration Recent Developments
7 North America by Country
- 7.1 North America Industrial Refrigeration Equipments Sales by Country
- 7.1.1 North America Industrial Refrigeration Equipments Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.1.2 North America Industrial Refrigeration Equipments Sales by Country (2021-2026)
- 7.1.3 North America Industrial Refrigeration Equipments Sales Forecast by Country (2027-2032)
- 7.2 North America Industrial Refrigeration Equipments Market Size by Country
- 7.2.1 North America Industrial Refrigeration Equipments Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.2.2 North America Industrial Refrigeration Equipments Market Size by Country (2021-2026)
- 7.2.3 North America Industrial Refrigeration Equipments Market Size Forecast by Country (2027-2032)
8 Europe by Country
- 8.1 Europe Industrial Refrigeration Equipments Sales by Country
- 8.1.1 Europe Industrial Refrigeration Equipments Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.1.2 Europe Industrial Refrigeration Equipments Sales by Country (2021-2026)
- 8.1.3 Europe Industrial Refrigeration Equipments Sales Forecast by Country (2027-2032)
- 8.2 Europe Industrial Refrigeration Equipments Market Size by Country
- 8.2.1 Europe Industrial Refrigeration Equipments Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.2.2 Europe Industrial Refrigeration Equipments Market Size by Country (2021-2026)
- 8.2.3 Europe Industrial Refrigeration Equipments Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
- 9.1 Asia-Pacific Industrial Refrigeration Equipments Sales by Country
- 9.1.1 Asia-Pacific Industrial Refrigeration Equipments Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.1.2 Asia-Pacific Industrial Refrigeration Equipments Sales by Country (2021-2026)
- 9.1.3 Asia-Pacific Industrial Refrigeration Equipments Sales Forecast by Country (2027-2032)
- 9.2 Asia-Pacific Industrial Refrigeration Equipments Market Size by Country
- 9.2.1 Asia-Pacific Industrial Refrigeration Equipments Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.2.2 Asia-Pacific Industrial Refrigeration Equipments Market Size by Country (2021-2026)
- 9.2.3 Asia-Pacific Industrial Refrigeration Equipments Market Size Forecast by Country (2027-2032)
10 South America by Country
- 10.1 South America Industrial Refrigeration Equipments Sales by Country
- 10.1.1 South America Industrial Refrigeration Equipments Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.1.2 South America Industrial Refrigeration Equipments Sales by Country (2021-2026)
- 10.1.3 South America Industrial Refrigeration Equipments Sales Forecast by Country (2027-2032)
- 10.2 South America Industrial Refrigeration Equipments Market Size by Country
- 10.2.1 South America Industrial Refrigeration Equipments Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.2.2 South America Industrial Refrigeration Equipments Market Size by Country (2021-2026)
- 10.2.3 South America Industrial Refrigeration Equipments Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
- 11.1 Middle East and Africa Industrial Refrigeration Equipments Sales by Country
- 11.1.1 Middle East and Africa Industrial Refrigeration Equipments Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.1.2 Middle East and Africa Industrial Refrigeration Equipments Sales by Country (2021-2026)
- 11.1.3 Middle East and Africa Industrial Refrigeration Equipments Sales Forecast by Country (2027-2032)
- 11.2 Middle East and Africa Industrial Refrigeration Equipments Market Size by Country
- 11.2.1 Middle East and Africa Industrial Refrigeration Equipments Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.2.2 Middle East and Africa Industrial Refrigeration Equipments Market Size by Country (2021-2026)
- 11.2.3 Middle East and Africa Industrial Refrigeration Equipments Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
- 12.1 Industrial Refrigeration Equipments Value Chain Analysis
- 12.1.1 Industrial Refrigeration Equipments Key Raw Materials
- 12.1.2 Key Raw Materials Price
- 12.1.3 Raw Materials Key Suppliers
- 12.1.4 Manufacturing Cost Structure
- 12.1.5 Industrial Refrigeration Equipments Production Mode & Process
- 12.2 Industrial Refrigeration Equipments Sales Channels Analysis
- 12.2.1 Direct Comparison with Distribution Share
- 12.2.2 Industrial Refrigeration Equipments Distributors
- 12.2.3 Industrial Refrigeration Equipments Customers
13 Concluding Insights
14 Appendix
- 14.1 Reasons for Doing This Study
- 14.2 Research Methodology
- 14.3 Research Process
- 14.4 Authors List of This Report
- 14.5 Data Source
- 14.5.1 Secondary Sources
- 14.5.2 Primary Sources
- 14.6 Disclaimer
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