Global Industrial Refrigeration Equipments Market Growth 2023-2029

Global Industrial Refrigeration Equipments Market Growth 2023-2029

Product Code:457096

Published Date: Feb 08,2023

Pages: 119

Region: Global

Category: Machinery & Equipment

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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.

LPI (LP Information)' newest research report, the “Industrial Refrigeration Equipments Industry Forecast” looks at past sales and reviews total world Industrial Refrigeration Equipments sales in 2022, providing a comprehensive analysis by region and market sector of projected Industrial Refrigeration Equipments sales for 2023 through 2029. With Industrial Refrigeration Equipments sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Industrial Refrigeration Equipments industry.

This Insight Report provides a comprehensive analysis of the global Industrial Refrigeration Equipments landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Industrial Refrigeration Equipments portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Industrial Refrigeration Equipments market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial Refrigeration Equipments and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Industrial Refrigeration Equipments.

The global Industrial Refrigeration Equipments market size is projected to grow from US$ 22550 million in 2022 to US$ 33940 million in 2029; it is expected to grow at a CAGR of 33940 from 2023 to 2029.

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.

This report presents a comprehensive overview, market shares, and growth opportunities of Industrial Refrigeration Equipments market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Refrigeration Compressor
    Evaporators Unit
    Industrial Rack
    Heat Exchanger
    Others

Segmentation by application
    Food & Beverage Production
    Chemicals & Pharmaceuticals
    Energy Industry
    Logistics Industry
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Ingersoll Rand
    Johnson Controls
    Daikin
    United Technologies
    Danfoss
    GEA
    Emerson
    Mayekawa
    BITZER
    Lennox International
    Yantai Moon
    Evapco
    Shanghai Reindustry
    LU-VE
    Star Refrigeration

Key Questions Addressed in this Report
What is the 10-year outlook for the global Industrial Refrigeration Equipments market?
What factors are driving Industrial Refrigeration Equipments market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Industrial Refrigeration Equipments market opportunities vary by end market size?
How does Industrial Refrigeration Equipments break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?