Commercial Refrigeration Equipment Market

Industry Overview

The forecast period anticipates a remarkable growth of 2.9% in the Global Market For Commercial Refrigeration Equipment. By the year 2030, the market is projected to achieve a substantial market size of USD 34.5 billion. In the year 2023 the respective market was USD 12.8 billion.

COVID-19 has hit the commercial refrigeration industry hard. The production and demand has dipped, operations shut and supply have been disrupted. Manufacturers have reduced CAPEX (capital and expenditure) and capacity to 30-50%. Workforce shortages are one of the major cause for the reduction. A decline in production has been evident across the region and North America and Europe are among hardest hit by Corona following Asia-Pacific region. The demand for commercial refrigeration equipment have declined as customer has been cautious in making new purchases. The COVID-19 impact has been prevalent in 2023 and its impact will be witnessed in the coming years.

The energy efficiency of commercial refrigeration has improved considerably, during the last five years. The innovations in product design, refrigerant, and improvement in overall energy consumption facilitated the introduction of the advanced and innovative commercial refrigeration products (such as multi deck display cabinets and open-front refrigeration cases) over the years. Apart from superior energy efficiency, these products also feature better temperature stability and superior visual design, due to the exclusion of doors. Open front display cases are used widely for brand promotion and attractive display of consumer products, mostly in supermarket and hypermarket retail.

According to a report published in the U.S. Department of Energy (DoE) in 2012, the refrigeration equipment accounts for about 4% to 6% of the total power consumption in all commercial buildings. In the U.S., the significant effort towards energy efficiency is also supported by the government of developed markets. The U.S. DoE and European Union have come up with stringent regulations, towards energy efficiency of the commercial refrigeration equipment.

On 28 May 2018, Cabinet approved the proposed updates to regulations for Commercial Refrigeration products. This follows approval by the Council of Australian Governments (COAG) Energy Ministers (including Energy and Resources Minister Megan Woods) agreed to the Decision Regulation Impact Statement for commercial refrigerated display and storage cabinets and accepted the following recommendations:

• - Adopt the international (ISO) test method for refrigerated display cabinets and European test methods for other refrigerated display cabinet types and storage cabinets.
• - Increase Australasian MEPS levels to align with European Commission MEPS levels.

Commercial refrigeration equipment are the freezers and refrigerators used in supermarkets, restaurants, restaurants, commercial kitchens and convenience stores. This refrigeration equipment are of two types, firstly those which can be self-contained, wherein the whole system that includes the refrigeration case and the refrigeration system are combined. Furthermore, there are reach-ins as well that are self-contained equipment and comprises of glass doors that are typically used in food-service establishments. Moreover, these equipment are also utilized as the remote condensing refrigerators that are commonly used in supermarkets thereby enhancing the growth of the global commercial refrigeration equipment market.

Market Segmentation

Insight by Equipment Type

Based on equipment type, the global commercial refrigeration equipment market is categorized into walk-in coolers, transportation refrigeration equipment, display cases, beverage refrigeration, ice making machinery, parts and other equipment. The global market for beverage refrigeration held the largest share among all equipment types of commercial refrigeration. During the historical period, transportation refrigeration equipment had the highest growth; however, the market for display cases is expected to evolve with the highest CAGR during the forecasted period.

Walk-in coolers is further segmented into packaged unit, remote condensing unit, and remote plant. Among different types of walk-in coolers packaged unit held the largest share in the global market in 2019. The demand for packaged units is the highest owing to the adoption among super markets and hyper markets. However, the growth in sales is anticipated to be witnessed the highest for remote condensing units during the forecast period.

Display cases category is further segmented into plug in cases and remote cases. Plug-in cases have been the larger segment in the global display cases market, as compared to remote cases. The market growth of the former is also expected to remain higher during the forecasted period.

Beverage refrigeration category is further categorized into beverage cooling & dispensing units, drinking fountains, beer dispensing units, soda fountain equipment, and others. Beverage cooling and dispensing units are the most used commercial refrigeration equipment for beverages. The increasing beer industry has been augmenting the demand for specific refrigeration units. Owing to this factor, the market for beer dispensing units is expected to register the highest growth among all beverage refrigeration products, during the forecasted period.

Ice making machineries category is further categorized into cubes, flakes, and nuggets. Among different types of ice making machineries, cubes making machineries held the largest share in the global market in 2019. Ice cubes are the most commonly used across the commercial beverage industry leading to the high share of the category.

Insight by Application

The commercial refrigeration equipment market on the basis of application is categorized into food service, food and beverage retail, food and beverage distribution, and others. Food service remained the largest application for global commercial refrigeration equipment market, during historical period. All application areas witnessed increase in demand of commercial refrigeration equipment. However, food service application area has been the major segment.

Insight by End User

Based on end-user, the global commercial refrigeration equipment market is categorized into supermarkets, hotels/restaurants and catering businesses, convenience stores, e-commerce, and others. Supermarkets has very high demand for refrigeration to store goods and perishable products, which makes them one of the major end-users for commercial refrigeration equipment.

Global Commercial Refrigeration Equipment Market Report Coverage

Industry Dynamics

Growth Drivers

The commercial refrigeration equipment market is experiencing significant growth due to several key factors. These factors include the increasing adoption of natural refrigerants, improved efficiency of equipment, growth in the food industry, and the rising demand for ready-to-eat food, eggs, meat, and other animal-derived products. Natural refrigerants are substances used in refrigeration systems that do not contain synthetic chemicals. Their widespread utilization is driven by the global focus on environmental sustainability.

Additionally, it has been observed that the commercial refrigeration equipment was not as efficient as they are in the present scenario. Since the use of LED lighting systems, high performance glass doors and high-efficiency motors is expanding, thereby making these equipment more efficient and saves a lot of energy which is considered to be a crucial factor for driving the growth of the commercial refrigeration equipment market across the globe.

The growth in the food industry has led to incorporation of many restaurant chains and development of dining restaurants globally thereby enhancing the demand for commercial refrigeration equipment. On the other hand, increasing disposable income of population in various developed and developing economies, increasing demand for ready to eat food and other food like egg, milk and meat are other factors driving the growth demand of the commercial refrigeration market exponentially worldwide.

Challenges

There have been certain alternative cooling systems launched in the market that is hampering the growth of commercial refrigeration equipment market. Moreover, it has been observed that small enterprises across the globe are unable to adopt this system due to high utilization of energy that is further expected to restrict the growth of commercial refrigeration equipment market worldwide.

Industry Ecosystem

Globally industry players are leveraging market growth through the development of innovative solutions in commercial refrigeration equipment market. The vendors of these equipment are providing various solutions to the users such as energy efficiency, natural refrigerants and customization according to the customer’s demand at rapid pace.

Geographic Overview

Geographically, Asia-Pacific is the largest market for commercial refrigeration. The region accounted for 35.8% of sales commercial refrigeration equipment in 2019. The increasing disposable income, improving infrastructure, and large population base are the major factor leading to the largest share of the region. North America is the second largest market for commercial refrigeration equipment due to the advancement in technology, adoption of premium products and developed retail industry infrastructure.

Competitive Insight

The market for commercial refrigeration is fragmented with top four companies accounting for 37% of the total market in 2019. Carrier Global Services (Carrier) was the largest player in terms of market share, accounting about 17.4% share of the global commercial refrigeration equipment market in 2019. For the remaining share in the market, there is a very stiff competition amongst other companies including Johnson Controls, Daikin, and Dover. The high market share of United Technologies Corporation (Carrier) is attributed to the global presence of the company. Over the past few years, the brand image of United Technologies Corporation (Carrier) has grown significantly, owing to its superior power efficient commercial refrigeration equipment and well diversified post-sale servicers of the company.

Some of the major players operating in the commercial refrigeration equipment market are Carrier Global Corporation, Hussmann Corporation, AB Electrolux, Frigoglass S.A.I.C., Dover Corporation, Daikin Industries Ltd., AHT Cooling Systems GmbH, Ali Group S.p.A, llinois Tool Works Inc., and Johnson Controls International plc.

Primary Research

VynZ Research conducts extensive primary research to understand the market dynamics, validate market data and have key opinions from the industry experts. The key profiles approached within the industry includes, CEO, CFO, CTO, President, Vice President, Product Managers, Regional Heads and Others. Also, end user surveys comprising of consumers are also conducted to understand consumer behavior.

The Commercial Refrigeration Equipment Market report offers a comprehensive market segmentation analysis along with an estimation for the forecast period 2025–2030.

Segments Covered in the Report

• By Equipment Type
  • Walk-in Coolers
    • Packaged Unit
    • Remote Condensing Unit
    • Remote Plant
  • Display Cases
    • Plug in Cases
    • Remote Cases
  • Beverage Refrigeration
    • Beverage Cooling & Dispensing Units
    • Drinking Fountains
    • Beer Dispensing Units
    • Soda Fountain Equipment
    • Others
  • Ice Making Machineries
    • Cubes
    • Flakes
    • Nuggets
  • Transportation Refrigeration Equipment
  • Parts
  • Other Equipment
• By Application
  • Food Service
  • Food and Beverage Retail
  • Food and Beverage Distribution
  • Others
• By End User 
  • Supermarkets
  • Hotels/Restaurants and Catering Businesses
  • Hypermarkets
  • Convenience Stores
  • E-Commerce
  • Others

Region Covered in the Report

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia-Pacific (APAC)
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia-Pacific
• Rest of the World (RoW)
  • Brazil
  • Saudi Arabia
  • South Africa
  • U.A.E.
  • Other Countries

Source: VynZ Research

Source: VynZ Research

1.    Research Overview 

        1.1.    The Report Offers
        1.2.    Market Coverage
                1.2.1.    By Equipment Type
                1.2.2.    By Application
                1.2.3.    By End user
                1.2.4.    By Region
        1.3.    Research Phases
        1.4.    Limitations
        1.5.    Market Size Estimations and Forecast
                1.5.1.    Data Sources
                        1.5.1.1.    Primary Research
                        1.5.1.2.    Secondary Research
                1.5.2.    Methodology
                        1.5.2.1.    Data Exploration
                        1.5.2.2.    Forecast Parameters
                        1.5.2.3.    Data Validation
                        1.5.2.4.    Assumptions
                1.5.3.    Study Period & Data Reporting Unit

2.    Executive Summary

3.    Market Definition

        3.1.    By Equipment Type
                3.1.1.    Walk-in Coolers
                        3.1.1.1.    Packaged Unit
                        3.1.1.2.    Remote Condensing Unit
                        3.1.1.3.    Remote Plant
                3.1.2.    Display Cases
                        3.1.2.1.    Plug in Cases
                        3.1.2.2.    Remote Cases
                3.1.3.    Beverage Refrigeration
                        3.1.3.1.    Beverage Cooling & Dispensing units
                        3.1.3.2.    Drinking Fountains
                        3.1.3.3.    Beer Dispensing Units
                        3.1.3.4.    Soda Fountain Equipment
                        3.1.3.5.    Others
                3.1.4.    Ice Making Machineries
                        3.1.4.1.    Cubes
                        3.1.4.2.    Flakes
                        3.1.4.3.    Nuggets
                3.1.5.    Transportation Refrigeration Equipment
                3.1.6.    Parts
                3.1.7.    Other Equipment
        3.2.    By Application
                3.2.1.    Food Service
                3.2.2.    Food and Beverage Retail
                3.2.3.    Food and Beverage Distribution
                3.2.4.    Others
        3.3.    By End User
                3.3.1.    Supermarkets
                3.3.2.    Hotels/Restaurants and Catering Businesses
                3.3.3.    Hypermarkets
                3.3.4.    Convenience Stores
                3.3.5.    E-Commerce
                3.3.6.    Others

4.    Industry Overview

        4.1.    Industry Dynamics
                4.1.1.    Market Growth Drivers
                4.1.2.    Market Growth Restraints
                4.1.3.    Key Market Trends
                4.1.4.    Major Opportunities
        4.2.    Industry Ecosystem
                4.2.1.    Porter’s Five Forces Analysis
                4.2.2.    Strategic Development Analysis
                4.2.3.    Value Chain Analysis
        4.3.    Competitive Insight
                4.3.1.    Market Share Analysis of Key Players
                4.3.2.    Competitive Position of Industry Players
                4.3.3.    Market Attractive Analysis

5.    Global Market Estimate and Forecast

        5.1.    By Equipment Type
        5.2.    By Application
        5.3.    By End User
        5.4.    By Region – North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa

6.    North America Market Estimate and Forecast

        6.1.    By Equipment Type
        6.2.    By Application
        6.3.    By End User
        6.4.    By Country
                6.4.1.    U.S. Market Estimate and Forecast
                6.4.2.    Canada Market Estimate and Forecast

7.    Europe Market Estimate and Forecast

        7.1.    By Equipment Type
        7.2.    By Application
        7.3.    By End User
        7.4.    By Country 
                7.4.1.    Germany Market Estimate and Forecast
                7.4.2.    U.K. Market Estimate and Forecast
                7.4.3.    France Market Estimate and Forecast
                7.4.4.    Italy Market Estimate and Forecast
                7.4.5.    Rest of Europe Market Estimate and Forecast

8.    Asia-Pacific (APAC) Market Estimate and Forecast

        8.1.    By Equipment Type
        8.2.    By Application
        8.3.    By End User
        8.4.    By Country 
                8.4.1.    Japan Market Estimate and Forecast
                8.4.2.    China Market Estimate and Forecast
                8.4.3.    India Market Estimate and Forecast
                8.4.4.    South Korea Market Estimate and Forecast
                8.4.5.    Australia Market Estimate and Forecast
                8.4.6.    Rest of APAC Market Estimate and Forecast

9.    Latin America (LATAM) Market Estimate and Forecast

        9.1.    By Equipment Type
        9.2.    By Application
        9.3.    By End User
        9.4.    By Country
                9.4.1.    Brazil Market Estimate and Forecast
                9.4.2.    Mexico Market Estimate and Forecast
                9.4.3.    Argentina Market Estimate and Forecast
                9.4.4.    Colombia Market Estimate and Forecast
                9.4.5.    Chile Market Estimate and Forecast
                9.4.6.    Peru Market Estimate and Forecast
                9.4.7.    Rest of Latin America Market Estimate and Forecast

10.    Middle East and Africa (MEA) Market Estimate and Forecast

        10.1.    By Equipment Type
        10.2.    By Application
        10.3.    By End User
        10.4.    By Country
                10.4.1.    Saudi Arabia Market Estimate and Forecast
                10.4.2.    U.A.E. Market Estimate and Forecast
                10.4.3.    Egypt Market Estimate and Forecast
                10.4.4.    South Africa Market Estimate and Forecast
                10.4.5.    Rest of MEA Market Estimate and Forecast

11.    Company Profiles

        11.1.    United Technologies Corporation
                11.1.1.    Snapshot
                11.1.2.    Overview
                11.1.3.    Offerings
                11.1.4.    Financial Insight
                11.1.5.    Recent Developments
        11.2.    Johnson Controls International PLC
                11.2.1.    Snapshot
                11.2.2.    Overview
                11.2.3.    Offerings
                11.2.4.    Financial Insight
                11.2.5.    Recent Developments
        11.3.    Daikin Industries Ltd.
                11.3.1.    Snapshot
                11.3.2.    Overview
                11.3.3.    Offerings
                11.3.4.    Financial Insight
                11.3.5.    Recent Developments
        11.4.    Dover Corporation
                11.4.1.    Snapshot
                11.4.2.    Overview
                11.4.3.    Offerings
                11.4.4.    Financial Insight
                11.4.5.    Recent Developments
        11.5.    AB Electrolux
                11.5.1.    Snapshot
                11.5.2.    Overview
                11.5.3.    Offerings
                11.5.4.    Financial Insight
                11.5.5.    Recent Developments
        11.6.    Illinois Tool Works Inc.
                11.6.1.    Snapshot
                11.6.2.    Overview
                11.6.3.    Offerings
                11.6.4.    Financial Insight
                11.6.5.    Recent Developments
        11.7.    Hussmann Corporation
                11.7.1.    Snapshot
                11.7.2.    Overview
                11.7.3.    Offerings
                11.7.4.    Financial Insight
                11.7.5.    Recent Developments
        11.8.    Frigoglass S.A.I.C.
                11.8.1.    Snapshot
                11.8.2.    Overview
                11.8.3.    Offerings
                11.8.4.    Financial Insight
                11.8.5.    Recent Developments
        11.9.    AHT Cooling Systems GmbH
                11.9.1.    Snapshot
                11.9.2.    Overview
                11.9.3.    Offerings
                11.9.4.    Financial Insight
                11.9.5.    Recent Developments
        11.10.    Ali Group S.p.A.
                11.10.1.    Snapshot
                11.10.2.    Overview
                11.10.3.    Offerings
                11.10.4.    Financial Insight
                11.10.5.    Recent Developments

Note: Financial insight and recent developments are subject to the availability of information in the secondary domain.

12.    Appendix

        12.1.    Exchange Rates
        12.2.    Abbreviations

List of Tables

Table 1    Sources
Table 2    Study Periods
Table 3    Data Reporting Unit
Table 4    Global Commercial Refrigeration Equipment Market Size, by Equipment Type, 2018 - 2023 (‘000 Units)
Table 5    Global Commercial Refrigeration Equipment Market Size, by Equipment Type, 2025 - 2030 (‘000 Units)
Table 6    Global Commercial Refrigeration Equipment Market Size, by Equipment Type, 2018 - 2023 (USD Billion)
Table 7    Global Commercial Refrigeration Equipment Market Size, by Equipment Type, 2025 - 2030 (USD Billion)
Table 8    Global Walk-in Coolers Market Size, by Type, 2018 - 2023 (‘000 Units)
Table 9    Global Walk-in Coolers Market Size, by Type, 2025 - 2030 (‘000 Units)
Table 10   Global Walk-in Coolers Market Size, by Type, 2018 - 2023 (USD Billion)
Table 11   Global Walk-in Coolers Market Size, by Type, 2025 - 2030 (USD Billion)
Table 12   Global Display Cases Market Size, by Type, 2018 - 2023 (‘000 Units)
Table 13   Global Display Cases Market Size, by Type, 2025 - 2030 (‘000 Units)
Table 14   Global Display Cases Market Size, by Type, 2018 - 2023 (USD Billion)
Table 15   Global Display Cases Market Size, by Type, 2025 - 2030 (USD Billion)
Table 16   Global Beverage Refrigeration Market Size, by Type, 2018 - 2023 (‘000 Units)
Table 17   Global Beverage Refrigeration Market Size, by Type, 2025 - 2030 (‘000 Units)
Table 18   Global Beverage Refrigeration Market Size, by Type, 2018 - 2023 (USD Billion)
Table 19   Global Beverage Refrigeration Market Size, by Type, 2025 - 2030 (USD Billion)
Table 20   Global Ice Making Machineries Market Size, by Type, 2018 - 2023 (‘000 Units)
Table 21   Global Ice Making Machineries Market Size, by Type, 2025 - 2030 (‘000 Units)
Table 22   Global Ice Making Machineries Market Size, by Type, 2018 - 2023 (USD Billion)
Table 23   Global Ice Making Machineries Market Size, by Type, 2025 - 2030 (USD Billion)
Table 24   Global Commercial Refrigeration Equipment Market Size, by Application, 2018 - 2023 (‘000 Units)
Table 25   Global Commercial Refrigeration Equipment Market Size, by Application, 2025 - 2030 (‘000 Units)
Table 26   Global Commercial Refrigeration Equipment Market Size, by Application, 2018 - 2023 (USD Billion)
Table 27   Global Commercial Refrigeration Equipment Market Size, by Application, 2025 - 2030 (USD Billion)
Table 28   Global Commercial Refrigeration Equipment Market Size, by End User, 2018 - 2023 (‘000 Units)
Table 29   Global Commercial Refrigeration Equipment Market Size, by End User, 2025 - 2030 (‘000 Units)
Table 30   Global Commercial Refrigeration Equipment Market Size, by End User, 2018 - 2023 (USD Billion)
Table 31   Global Commercial Refrigeration Equipment Market Size, by End user, 2025 - 2030 (USD Billion)
Table 32   Global Commercial Refrigeration Equipment Market Size, by Region, 2018 - 2023 (‘000 Units)
Table 33   Global Commercial Refrigeration Equipment Market Size, by Region, 2025 - 2030 (‘000 Units)
Table 34   Global Commercial Refrigeration Equipment Market Size, by Region, 2018 - 2023 (USD Billion)
Table 35   Global Commercial Refrigeration Equipment Market Size, by Region, 2025 - 2030 (USD Billion)
Table 36   North America Commercial Refrigeration Equipment Market Size, by Equipment Type, 2018 - 2023 (‘000 Units)
Table 37   North America Commercial Refrigeration Equipment Market Size, by Equipment Type, 2025 - 2030 (‘000 Units)
Table 38   North America Commercial Refrigeration Equipment Market Size, by Equipment Type, 2018 - 2023 (USD Billion)
Table 39   North America Commercial Refrigeration Equipment Market Size, by Equipment Type, 2025 - 2030 (USD Billion)
Table 40   North America Walk-in Coolers Market Size, by Type, 2018 - 2023 (‘000 Units)
Table 41   North America Walk-in Coolers Market Size, by Type, 2025 - 2030 (‘000 Units)
Table 42   North America Walk-in Coolers Market Size, by Type, 2018 - 2023 (USD Billion)
Table 43   North America Walk-in Coolers Market Size, by Type, 2025 - 2030 (USD Billion)
Table 44   North America Display Cases Market Size, by Type, 2018 - 2023 (‘000 Units)
Table 45   North America Display Cases Market Size, by Type, 2025 - 2030 (‘000 Units)
Table 46   North America Display Cases Market Size, by Type, 2018 - 2023 (USD Billion)
Table 47   North America Display Cases Market Size, by Type, 2025 - 2030 (USD Billion)
Table 48   North America Beverage Refrigeration Market Size, by Type, 2018 - 2023 (‘000 Units)
Table 49   North America Beverage Refrigeration Market Size, by Type, 2025 - 2030 (‘000 Units)
Table 50   North America Beverage Refrigeration Market Size, by Type, 2018 - 2023 (USD Billion)
Table 51   North America Beverage Refrigeration Market Size, by Type, 2025 - 2030 (USD Billion)
Table 52   North America Ice Making Machineries Market Size, by Type, 2018 - 2023 (‘000 Units)
Table 53   North America Ice Making Machineries Market Size, by Type, 2025 - 2030 (‘000 Units)
Table 54   North America Ice Making Machineries Market Size, by Type, 2018 - 2023 (USD Billion)
Table 55   North America Ice Making Machineries Market Size, by Type, 2025 - 2030 (USD Billion)
Table 56   North America Commercial Refrigeration Equipment Market Size, by Application, 2018 - 2023 (‘000 Units)
Table 57   North America Commercial Refrigeration Equipment Market Size, by Application, 2025 - 2030 (‘000 Units)
Table 58   North America Commercial Refrigeration Equipment Market Size, by Application, 2018 - 2023 (USD Billion)
Table 59   North America Commercial Refrigeration Equipment Market Size, by Application, 2025 - 2030 (USD Billion)
Table 60   North America Commercial Refrigeration Equipment Market Size, by End User, 2018 - 2023 (‘000 Units)
Table 61   North America Commercial Refrigeration Equipment Market Size, by End User, 2025 - 2030 (‘000 Units)
Table 62   North America Commercial Refrigeration Equipment Market Size, by End User, 2018 - 2023 (USD Billion)
Table 63   North America Commercial Refrigeration Equipment Market Size, by End user, 2025 - 2030 (USD Billion)
Table 64   North America Commercial Refrigeration Equipment Market Size, by Country, 2018 - 2023 (‘000 Units)
Table 65   North America Commercial Refrigeration Equipment Market Size, by Country, 2025 - 2030 (‘000 Units)
Table 66   North America Commercial Refrigeration Equipment Market Size, by Country, 2018 - 2023 (USD Billion)
Table 67   North America Commercial Refrigeration Equipment Market Size, by Country, 2025 - 2030 (USD Billion)
Table 68   Europe Commercial Refrigeration Equipment Market Size, by Equipment Type, 2018 - 2023 (‘000 Units)
Table 69   Europe Commercial Refrigeration Equipment Market Size, by Equipment Type, 2025 - 2030 (‘000 Units)
Table 70   Europe Commercial Refrigeration Equipment Market Size, by Equipment Type, 2018 - 2023 (USD Billion)
Table 71   Europe Commercial Refrigeration Equipment Market Size, by Equipment Type, 2025 - 2030 (USD Billion)
Table 72   Europe Walk-in Coolers Market Size, by Type, 2018 - 2023 (‘000 Units)
Table 73   Europe Walk-in Coolers Market Size, by Type, 2025 - 2030 (‘000 Units)
Table 74   Europe Walk-in Coolers Market Size, by Type, 2018 - 2023 (USD Billion)
Table 75   Europe Walk-in Coolers Market Size, by Type, 2025 - 2030 (USD Billion)
Table 76   Europe Display Cases Market Size, by Type, 2018 - 2023 (‘000 Units)
Table 77   Europe Display Cases Market Size, by Type, 2025 - 2030 (‘000 Units)
Table 78   Europe Display Cases Market Size, by Type, 2018 - 2023 (USD Billion)
Table 79   Europe Display Cases Market Size, by Type, 2025 - 2030 (USD Billion)
Table 80   Europe Beverage Refrigeration Market Size, by Type, 2018 - 2023 (‘000 Units)
Table 81   Europe Beverage Refrigeration Market Size, by Type, 2025 - 2030 (‘000 Units)
Table 82   Europe Beverage Refrigeration Market Size, by Type, 2018 - 2023 (USD Billion)
Table 83   Europe Beverage Refrigeration Market Size, by Type, 2025 - 2030 (USD Billion)
Table 84   Europe Ice Making Machineries Market Size, by Type, 2018 - 2023 (‘000 Units)
Table 85   Europe Ice Making Machineries Market Size, by Type, 2025 - 2030 (‘000 Units)
Table 86   Europe Ice Making Machineries Market Size, by Type, 2018 - 2023 (USD Billion)
Table 87   Europe Ice Making Machineries Market Size, by Type, 2025 - 2030 (USD Billion)
Table 88   Europe Commercial Refrigeration Equipment Market Size, by Application, 2018 - 2023 (‘000 Units)
Table 89   Europe Commercial Refrigeration Equipment Market Size, by Application, 2025 - 2030 (‘000 Units)
Table 90   Europe Commercial Refrigeration Equipment Market Size, by Application, 2018 - 2023 (USD Billion)
Table 91   Europe Commercial Refrigeration Equipment Market Size, by Application, 2025 - 2030 (USD Billion)
Table 92    Europe Commercial Refrigeration Equipment Market Size, by End User, 2018 - 2023 (‘000 Units)
Table 93   Europe Commercial Refrigeration Equipment Market Size, by End User, 2025 - 2030 (‘000 Units)
Table 94   Europe Commercial Refrigeration Equipment Market Size, by End User, 2018 - 2023 (USD Billion)
Table 95   Europe Commercial Refrigeration Equipment Market Size, by End user, 2025 - 2030 (USD Billion)
Table 96   Europe Commercial Refrigeration Equipment Market Size, by Country, 2018 - 2023 (‘000 Units)
Table 97   Europe Commercial Refrigeration Equipment Market Size, by Country, 2025 - 2030 (‘000 Units)
Table 98   Europe Commercial Refrigeration Equipment Market Size, by Country, 2018 - 2023 (USD Billion)
Table 99   Europe Commercial Refrigeration Equipment Market Size, by Country, 2025 - 2030 (USD Billion)
Table 100  Asia-Pacific Commercial Refrigeration Equipment Market Size, by Equipment Type, 2018 - 2023 (‘000 Units)
Table 101  Asia-Pacific Commercial Refrigeration Equipment Market Size, by Equipment Type, 2025 - 2030 (‘000 Units)
Table 102  Asia-Pacific Commercial Refrigeration Equipment Market Size, by Equipment Type, 2018 - 2023 (USD Billion)
Table 103  Asia-Pacific Commercial Refrigeration Equipment Market Size, by Equipment Type, 2025 - 2030 (USD Billion)
Table 104  Asia-Pacific Walk-in Coolers Market Size, by Type, 2018 - 2023 (‘000 Units)
Table 105  Asia-Pacific Walk-in Coolers Market Size, by Type, 2025 - 2030 (‘000 Units)
Table 106  Asia-Pacific Walk-in Coolers Market Size, by Type, 2018 - 2023 (USD Billion)
Table 107  Asia-Pacific Walk-in Coolers Market Size, by Type, 2025 - 2030 (USD Billion)
Table 108  Asia-Pacific Display Cases Market Size, by Type, 2018 - 2023 (‘000 Units)
Table 109  Asia-Pacific Display Cases Market Size, by Type, 2025 - 2030 (‘000 Units)
Table 110  Asia-Pacific Display Cases Market Size, by Type, 2018 - 2023 (USD Billion)
Table 111  Asia-Pacific Display Cases Market Size, by Type, 2025 - 2030 (USD Billion)
Table 112  Asia-Pacific Beverage Refrigeration Market Size, by Type, 2018 - 2023 (‘000 Units)
Table 113  Asia-Pacific Beverage Refrigeration Market Size, by Type, 2025 - 2030 (‘000 Units)
Table 114  Asia-Pacific Beverage Refrigeration Market Size, by Type, 2018 - 2023 (USD Billion)
Table 115  Asia-Pacific Beverage Refrigeration Market Size, by Type, 2025 - 2030 (USD Billion)
Table 116  Asia-Pacific Ice Making Machineries Market Size, by Type, 2018 - 2023 (‘000 Units)
Table 117  Asia-Pacific Ice Making Machineries Market Size, by Type, 2025 - 2030 (‘000 Units)
Table 118  Asia-Pacific Ice Making Machineries Market Size, by Type, 2018 - 2023 (USD Billion)
Table 119  Asia-Pacific Ice Making Machineries Market Size, by Type, 2025 - 2030 (USD Billion)
Table 120  Asia-Pacific Commercial Refrigeration Equipment Market Size, by Application, 2018 - 2023 (‘000 Units)
Table 121  Asia-Pacific Commercial Refrigeration Equipment Market Size, by Application, 2025 - 2030 (‘000 Units)
Table 122  Asia-Pacific Commercial Refrigeration Equipment Market Size, by Application, 2018 - 2023 (USD Billion)
Table 123  Asia-Pacific Commercial Refrigeration Equipment Market Size, by Application, 2025 - 2030 (USD Billion)
Table 124  Asia-Pacific Commercial Refrigeration Equipment Market Size, by End User, 2018 - 2023 (‘000 Units)
Table 125  Asia-Pacific Commercial Refrigeration Equipment Market Size, by End User, 2025 - 2030 (‘000 Units)
Table 126  Asia-Pacific Commercial Refrigeration Equipment Market Size, by End User, 2018 - 2023 (USD Billion)
Table 127  Asia-Pacific Commercial Refrigeration Equipment Market Size, by End user, 2025 - 2030 (USD Billion)
Table 128  Asia-Pacific Commercial Refrigeration Equipment Market Size, by Country, 2018 - 2023 (‘000 Units)
Table 129  Asia-Pacific Commercial Refrigeration Equipment Market Size, by Country, 2025 - 2030 (‘000 Units)
Table 130  Asia-Pacific Commercial Refrigeration Equipment Market Size, by Country, 2018 - 2023 (USD Billion)
Table 131  Asia-Pacific Commercial Refrigeration Equipment Market Size, by Country, 2025 - 2030 (USD Billion)
Table 132  LATAM Commercial Refrigeration Equipment Market Size, by Equipment Type, 2018 - 2023 (‘000 Units)
Table 133  LATAM Commercial Refrigeration Equipment Market Size, by Equipment Type, 2025 - 2030 (‘000 Units)
Table 134  LATAM Commercial Refrigeration Equipment Market Size, by Equipment Type, 2018 - 2023 (USD Billion)
Table 135  LATAM Commercial Refrigeration Equipment Market Size, by Equipment Type, 2025 - 2030 (USD Billion)
Table 136  LATAM Walk-in Coolers Market Size, by Type, 2018 - 2023 (‘000 Units)
Table 137  LATAM Walk-in Coolers Market Size, by Type, 2025 - 2030 (‘000 Units)
Table 138  LATAM Walk-in Coolers Market Size, by Type, 2018 - 2023 (USD Billion)
Table 139  LATAM Walk-in Coolers Market Size, by Type, 2025 - 2030 (USD Billion)
Table 140  LATAM Display Cases Market Size, by Type, 2018 - 2023 (‘000 Units)
Table 141  LATAM Display Cases Market Size, by Type, 2025 - 2030 (‘000 Units)
Table 142  LATAM Display Cases Market Size, by Type, 2018 - 2023 (USD Billion)
Table 143  LATAM Display Cases Market Size, by Type, 2025 - 2030 (USD Billion)
Table 144  LATAM Beverage Refrigeration Market Size, by Type, 2018 - 2023 (‘000 Units)
Table 145  LATAM Beverage Refrigeration Market Size, by Type, 2025 - 2030 (‘000 Units)
Table 146  LATAM Beverage Refrigeration Market Size, by Type, 2018 - 2023 (USD Billion)
Table 147  LATAM Beverage Refrigeration Market Size, by Type, 2025 - 2030 (USD Billion)
Table 148  LATAM Ice Making Machineries Market Size, by Type, 2018 - 2023 (‘000 Units)
Table 149  LATAM Ice Making Machineries Market Size, by Type, 2025 - 2030 (‘000 Units)
Table 150  LATAM Ice Making Machineries Market Size, by Type, 2018 - 2023 (USD Billion)
Table 151  LATAM Ice Making Machineries Market Size, by Type, 2025 - 2030 (USD Billion)
Table 152  LATAM Commercial Refrigeration Equipment Market Size, by Application, 2018 - 2023 (‘000 Units)
Table 153  LATAM Commercial Refrigeration Equipment Market Size, by Application, 2025 - 2030 (‘000 Units)
Table 154  LATAM Commercial Refrigeration Equipment Market Size, by Application, 2018 - 2023 (USD Billion)
Table 155  LATAM Commercial Refrigeration Equipment Market Size, by Application, 2025 - 2030 (USD Billion)
Table 156  LATAM Commercial Refrigeration Equipment Market Size, by End User, 2018 - 2023 (‘000 Units)
Table 157  LATAM Commercial Refrigeration Equipment Market Size, by End User, 2025 - 2030 (‘000 Units)
Table 158  LATAM Commercial Refrigeration Equipment Market Size, by End User, 2018 - 2023 (USD Billion)
Table 159  LATAM Commercial Refrigeration Equipment Market Size, by End user, 2025 - 2030 (USD Billion)
Table 160  LATAM Commercial Refrigeration Equipment Market Size, by Country, 2018 - 2023 (‘000 Units)
Table 161  LATAM Commercial Refrigeration Equipment Market Size, by Country, 2025 - 2030 (‘000 Units)
Table 162  LATAM Commercial Refrigeration Equipment Market Size, by Country, 2018 - 2023 (USD Billion)
Table 163  LATAM Commercial Refrigeration Equipment Market Size, by Country, 2025 - 2030 (USD Billion)
Table 164  MEA Commercial Refrigeration Equipment Market Size, by Equipment Type, 2018 - 2023 (‘000 Units)
Table 165  MEA Commercial Refrigeration Equipment Market Size, by Equipment Type, 2025 - 2030 (‘000 Units)
Table 166  MEA Commercial Refrigeration Equipment Market Size, by Equipment Type, 2018 - 2023 (USD Billion)
Table 167  MEA Commercial Refrigeration Equipment Market Size, by Equipment Type, 2025 - 2030 (USD Billion)
Table 168  MEA Walk-in Coolers Market Size, by Type, 2018 - 2023 (‘000 Units)
Table 169  MEA Walk-in Coolers Market Size, by Type, 2025 - 2030 (‘000 Units)
Table 170  MEA Walk-in Coolers Market Size, by Type, 2018 - 2023 (USD Billion)
Table 171  MEA Walk-in Coolers Market Size, by Type, 2025 - 2030 (USD Billion)
Table 172  MEA Display Cases Market Size, by Type, 2018 - 2023 (‘000 Units)
Table 173  MEA Display Cases Market Size, by Type, 2025 - 2030 (‘000 Units)
Table 174  MEA Display Cases Market Size, by Type, 2018 - 2023 (USD Billion)
Table 175  MEA Display Cases Market Size, by Type, 2025 - 2030 (USD Billion)
Table 176  MEA Beverage Refrigeration Market Size, by Type, 2018 - 2023 (‘000 Units)
Table 177  MEA Beverage Refrigeration Market Size, by Type, 2025 - 2030 (‘000 Units)
Table 178  MEA Beverage Refrigeration Market Size, by Type, 2018 - 2023 (USD Billion)
Table 179  MEA Beverage Refrigeration Market Size, by Type, 2025 - 2030 (USD Billion)
Table 180  MEA Ice Making Machineries Market Size, by Type, 2018 - 2023 (‘000 Units)
Table 181  MEA Ice Making Machineries Market Size, by Type, 2025 - 2030 (‘000 Units)
Table 182  MEA Ice Making Machineries Market Size, by Type, 2018 - 2023 (USD Billion)
Table 183  MEA Ice Making Machineries Market Size, by Type, 2025 - 2030 (USD Billion)
Table 184  MEA Commercial Refrigeration Equipment Market Size, by Application, 2018 - 2023 (‘000 Units)
Table 185  MEA Commercial Refrigeration Equipment Market Size, by Application, 2025 - 2030 (‘000 Units)
Table 186  MEA Commercial Refrigeration Equipment Market Size, by Application, 2018 - 2023 (USD Billion)
Table 187  MEA Commercial Refrigeration Equipment Market Size, by Application, 2025 - 2030 (USD Billion)
Table 188  MEA Commercial Refrigeration Equipment Market Size, by End User, 2018 - 2023 (‘000 Units)
Table 189  MEA Commercial Refrigeration Equipment Market Size, by End User, 2025 - 2030 (‘000 Units)
Table 190  MEA Commercial Refrigeration Equipment Market Size, by End User, 2018 - 2023 (USD Billion)
Table 191  MEA Commercial Refrigeration Equipment Market Size, by End user, 2025 - 2030 (USD Billion)
Table 192  MEA Commercial Refrigeration Equipment Market Size, by Country, 2018 - 2023 (‘000 Units)
Table 193  MEA Commercial Refrigeration Equipment Market Size, by Country, 2025 - 2030 (‘000 Units)
Table 194  MEA Commercial Refrigeration Equipment Market Size, by Country, 2018 - 2023 (USD Billion)
Table 195  MEA Commercial Refrigeration Equipment Market Size, by Country, 2025 - 2030 (USD Billion)
Table 196  Snapshot – United Technologies Corporation
Table 197  Snapshot – Johnson Controls International PLC
Table 198  Snapshot – Daikin Industries Ltd.
Table 199  Snapshot – Dover Corporation
Table 200  Snapshot – AB Electrolux
Table 201  Snapshot – Illinois Tool Works Inc.
Table 202  Snapshot – Hussmann Corporation
Table 203  Snapshot – Frigoglass S.A.I.C.
Table 204  Snapshot – AHT Cooling Systems GmbH
Table 205  Snapshot – Ali Group S.p.A.

List of Figures

Figure 1   Market Coverage
Figure 2   Research Phases
Figure 3   Secondary Offerings for Different Parameters
Figure 4   Methodology
Figure 5   Data Mining & Exploration
Figure 6   Data Triangulation
Figure 7   Assumptions for Market Estimation and Forecast
Figure 8   Market Synopsis
Figure 9   Global Commercial Refrigeration Equipment Market - Growth Drivers and Restraints
Figure 10  Competitive Benchmark
Figure 11  Global Commercial Refrigeration Equipment Market Highlight
Figure 12  Global Commercial Refrigeration Equipment Market Size, by Equipment Type, 2018 - 2030 (‘000 Units)
Figure 13  Global Walk-in Coolers Market Size, by Type, 2018 - 2030 (‘000 Units)
Figure 14  Global Display Cases Market Size, by Type, 2018 - 2030 (‘000 Units)
Figure 15  Global Beverage Refrigeration Market Size, by Type, 2018 - 2030 (‘000 Units)
Figure 16  Global Ice Making Machineries Market Size, by Type, 2018 - 2030 (‘000 Units)
Figure 17  Global Commercial Refrigeration Equipment Market Size, by Application, 2018 - 2030 (‘000 Units)
Figure 18  Global Commercial Refrigeration Equipment Market Size, by End User, 2018 - 2030 (‘000 Units)
Figure 19  Global Commercial Refrigeration Equipment Market Size, by Region, 2018 - 2030 (‘000 Units)
Figure 20  North America Commercial Refrigeration Equipment Market Highlight
Figure 21  North America Commercial Refrigeration Equipment Market Size, by Equipment Type, 2018 - 2030 (‘000 Units)
Figure 22  North America Walk-in Coolers Market Size, by Type, 2018 - 2030 (‘000 Units)
Figure 23  North America Display Cases Market Size, by Type, 2018 - 2030 (‘000 Units)
Figure 24  North America Beverage Refrigeration Market Size, by Type, 2018 - 2030 (‘000 Units)
Figure 25  North America Ice Making Machineries Market Size, by Type, 2018 - 2030 (‘000 Units)
Figure 26  North America Commercial Refrigeration Equipment Market Size, by Application, 2018 - 2030 (‘000 Units)
Figure 27  North America Commercial Refrigeration Equipment Market Size, by End User, 2018 - 2030 (‘000 Units)
Figure 28  North America Commercial Refrigeration Equipment Market Size, by Country, 2018 - 2030 (‘000 Units)
Figure 29  Europe Commercial Refrigeration Equipment Market Highlight
Figure 30  Europe Commercial Refrigeration Equipment Market Size, by Equipment Type, 2018 - 2030 (‘000 Units)
Figure 31  Europe Walk-in Coolers Market Size, by Type, 2018 - 2030 (‘000 Units)
Figure 32  Europe Display Cases Market Size, by Type, 2018 - 2030 (‘000 Units)
Figure 33  Europe Beverage Refrigeration Market Size, by Type, 2018 - 2030 (‘000 Units)
Figure 34  Europe Ice Making Machineries Market Size, by Type, 2018 - 2030 (‘000 Units)
Figure 35  Europe Commercial Refrigeration Equipment Market Size, by Application, 2018 - 2030 (‘000 Units)
Figure 36  Europe Commercial Refrigeration Equipment Market Size, by End User, 2018 - 2030 (‘000 Units)
Figure 37  Europe Commercial Refrigeration Equipment Market Size, by Country, 2018 - 2030 (‘000 Units)
Figure 38  Asia-Pacific Commercial Refrigeration Equipment Market Highlight
Figure 39  Asia-Pacific Commercial Refrigeration Equipment Market Size, by Equipment Type, 2018 - 2030 (‘000 Units)
Figure 40  Asia-Pacific Walk-in Coolers Market Size, by Type, 2018 - 2030 (‘000 Units)
Figure 41  Asia-Pacific Display Cases Market Size, by Type, 2018 - 2030 (‘000 Units)
Figure 42  Asia-Pacific Beverage Refrigeration Market Size, by Type, 2018 - 2030 (‘000 Units)
Figure 43  Asia-Pacific Ice Making Machineries Market Size, by Type, 2018 - 2030 (‘000 Units)
Figure 44  Asia-Pacific Commercial Refrigeration Equipment Market Size, by Application, 2018 - 2030 (‘000 Units)
Figure 45  Asia-Pacific Commercial Refrigeration Equipment Market Size, by End User, 2018 - 2030 (‘000 Units)
Figure 46  Asia-Pacific Commercial Refrigeration Equipment Market Size, by Country, 2018 - 2030 (‘000 Units)
Figure 47  LATAM Commercial Refrigeration Equipment Market Highlight
Figure 48  LATAM Commercial Refrigeration Equipment Market Size, by Equipment Type, 2018 - 2030 (‘000 Units)
Figure 49  LATAM Walk-in Coolers Market Size, by Type, 2018 - 2030 (‘000 Units)
Figure 50  LATAM Display Cases Market Size, by Type, 2018 - 2030 (‘000 Units)
Figure 51  LATAM Beverage Refrigeration Market Size, by Type, 2018 - 2030 (‘000 Units)
Figure 52  LATAM Ice Making Machineries Market Size, by Type, 2018 - 2030 (‘000 Units)
Figure 53  LATAM Commercial Refrigeration Equipment Market Size, by Application, 2018 - 2030 (‘000 Units)
Figure 54  LATAM Commercial Refrigeration Equipment Market Size, by End User, 2018 - 2030 (‘000 Units)
Figure 55  LATAM Commercial Refrigeration Equipment Market Size, by Country, 2018 - 2030 (‘000 Units)
Figure 56  MEA Commercial Refrigeration Equipment Market Highlight
Figure 57  MEA Commercial Refrigeration Equipment Market Size, by Equipment Type, 2018 - 2030 (‘000 Units)
Figure 58  MEA Walk-in Coolers Market Size, by Type, 2018 - 2030 (‘000 Units)
Figure 59  MEA Display Cases Market Size, by Type, 2018 - 2030 (‘000 Units)
Figure 60  MEA Beverage Refrigeration Market Size, by Type, 2018 - 2030 (‘000 Units)
Figure 61  MEA Ice Making Machineries Market Size, by Type, 2018 - 2030 (‘000 Units)
Figure 62  MEA Commercial Refrigeration Equipment Market Size, by Application, 2018 - 2030 (‘000 Units)
Figure 63  MEA Commercial Refrigeration Equipment Market Size, by End User, 2018 - 2030 (‘000 Units)
Figure 64  MEA Commercial Refrigeration Equipment Market Size, by Country, 2018 - 2030 (‘000 Units)