"Refrigeration Revolution: Commercial Refrigeration Equipment Market Report"

The global Commercial Refrigeration Equipment Market size was valued at USD 36.90 Billion in 2021 and is projected to reach USD 63.41 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 6.2% during the forecast period (2022–2030).

Commercial Refrigeration Equipment Market Analysis, Size, Share, Growth, Trends, and Opportunities 

 

Market Size and Growth Prospects:

The global Commercial Refrigeration Equipment Market size was valued at USD 36.90 Billion in 2021 and is projected to reach USD 63.41 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 6.2% during the forecast period (2022–2030).
 

Key Drivers:

  • Growing demand for frozen and chilled products
  • Increasing adoption of eco-friendly refrigerants
  • Advancements in technology and energy efficiency
  • Expanding food service and retail industries

Segmentation Analysis:

The Commercial Refrigeration Equipment Market is segmented by:

Product

  • Transportation Refrigeration Equipment
  • Refrigerators and Freezers
  • Beverage Refrigeration
  • Display Showcases
  • Ice Merchandisers and Ice Vending Equipment

Refrigerant Type

  • Fluorocarbons
  • Hydrocarbons
  • Inorganics

System Type

  • Self-contained
  • Remotely Operated

Capacity

  • Less than 50 cu. Ft
  • 50 to 100 cu. Ft
  • More than 100 cu. Ft

Application

  • Food Service
  • Food and Beverage Retail
  • Food and Beverage Distribution
  • Food and Beverage Production
  • Hotels Restaurants
  • Supermarkets Hypermarkets
  • Convenience Stores

Key Players:

  • Ali Group S.r.l. a Socio Unico
  • Victory Refrigeration
  • Whirlpool Corporation
  • Carrier
  • Daikin Industries, Ltd.
  • Dover Corporation
  • Hussmann Corporation
  • Excellence Industries
  • Hillphoenix, A Dover Company
  • Illinois Tool Works Inc.
  • Imbera
  • Lennox International Inc.
  • Metalfrio Solutions S.A.
  • Minus Forty Technologies Corp.
  • Ojeda Usa Inc.
  • Panasonic Corporation
  • Qingdao Hiron Commercial Cold Channel Co., Ltd.
  • Zero Zone, Inc.

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Dhiraj Vairalkar

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