상용 냉장 장비 시장 - 규모, 점유율, 성장 및 산업 분석 : 유형별, 용도별, 지역별 인사이트 및 예측(2026-2034년)

Growth Factors of commercial refrigeration equipment Market

The global commercial refrigeration equipment market is projected to witness steady growth over the next decade, driven by rising demand in the food & beverage, retail, and pharmaceutical sectors, coupled with technological innovations. The market was valued at USD 51.66 billion in 2025, expected to grow to USD 54.19 billion in 2026, and forecasted to reach USD 82.78 billion by 2034, reflecting a CAGR of 5.4% during the forecast period. Asia Pacific dominated the global market in 2025 with a 26.1% share, driven by increasing urbanization, supermarket expansions, and rising demand for frozen and processed foods.

Market Overview

Commercial refrigeration equipment includes devices such as freezers, refrigerators, ice-making machines, and transport refrigeration systems. These products are widely used in food & beverage establishments, hotels, retail outlets, chemical and pharmaceutical industries, and quick-service restaurants (QSRs) like McDonald's and KFC. Transport refrigeration leads the product segment, accounting for 29.56% of the market share in 2026, due to increasing online grocery shopping and the rising demand for refrigerated vehicles to deliver perishable goods.

The food & beverage sector is the largest end-user, holding 32.72% market share in 2026, driven by the popularity of ready-to-eat and frozen foods. Growth in disposable incomes and fast-paced lifestyles has increased consumer reliance on pre-packaged and frozen food products, further boosting the demand for commercial refrigeration equipment.

Market Dynamics

Drivers:

1. Rising Investments in Food & Beverage Sector: Expanding retail chains, QSR networks, and food processing facilities globally increase the adoption of commercial refrigeration systems. India's food processing sector, for instance, is projected to grow from USD 263 billion in FY2021 to USD 470 billion by FY2025.

2. Technological Advancements: Integration of energy-efficient systems, IoT-enabled monitoring, and natural refrigerants ensures operational efficiency, reduces costs, and ensures food safety, driving demand.

Restraints:

High capital and maintenance costs restrict adoption, particularly for smaller businesses. Installation of large walk-in coolers can cost between USD 3,000 to USD 9,000, with additional maintenance of USD 100-325 per unit.

Opportunities:

Expansion of supermarkets, hypermarkets, and QSRs in developing regions, along with increasing consumer preference for healthy, ready-to-eat meals, offers significant growth potential. Modular and customizable refrigeration solutions enable scalability and flexibility for diverse operational needs.

Market Segmentation

• By Type: Refrigerators & freezers are expected to grow with the highest CAGR due to rising demand for frozen and ready-to-eat meals. Transport refrigeration dominates, particularly in urbanized regions of Asia Pacific and Oceania, supporting e-commerce and food delivery logistics. Refrigerated display cases and ice machines also contribute to market growth.
• By Application: Food & beverage leads, followed by retail stores, hotels & restaurants, and chemical & pharmaceuticals, which are projected to grow at a CAGR of 5.5% due to increasing demand for medicine and chemical storage.

Regional Outlook

• Asia Pacific: Valued at USD 13.47 billion in 2025, projected to grow with a CAGR of 6.05%, led by China (USD 4.34 billion in 2026), India (USD 2.82 billion in 2026), and Japan (USD 3.41 billion in 2026). Rising urbanization, middle-class population growth, and expanding supermarket chains drive the demand.
• North America: Market valued at USD 25.84 billion in 2025 and USD 27.22 billion in 2026, with the U.S. at USD 17.08 billion in 2026. Growth is supported by high consumer spending on ready-to-eat and frozen foods, and increasing investments in food service infrastructure.
• Europe: Expected to reach USD 9.00 billion in 2026, with Germany at USD 1.90 billion, U.K. at USD 1.68 billion, and France at USD 1.34 billion, driven by strict food safety regulations, rising QSR chains, and cold chain investments.
• Middle East & Africa: Forecasted at USD 2.38 billion in 2026, driven by tourism growth, hospitality sector expansion, and rising living standards. GCC holds USD 0.79 billion in 2025.
• Latin America: Experiencing steady growth due to increasing urbanization, retail expansion, and rising consumption of processed foods.

Competitive Landscape

Key industry players include Carrier Global Corporation, Danfoss, GEA Group, Daikin Industries, Johnson Controls, Nor-Lake, The Middleby Corporation, Imbera, AB Electrolux, and Welbilt. Companies employ strategies like mergers, acquisitions, product launches, and joint ventures to strengthen market position. Notable developments include Carrier's energy-efficient supra refrigeration unit launch in August 2022 and Frigoblock's electric multi-temperature vehicles testing in 2023.

Conclusion

The global commercial refrigeration equipment market is poised to grow from USD 51.66 billion in 2025 to USD 82.78 billion by 2034, driven by urbanization, lifestyle changes, rising disposable income, and technological advancements. Asia Pacific remains the largest regional contributor, with North America and Europe following. Adoption of energy-efficient, IoT-enabled, and modular systems will continue to shape market growth, ensuring operational efficiency, food safety, and regulatory compliance across industries.

Segmentation By Type, Application, and Region

Segmentation By Type

• Refrigerator & Freezer
• Transport Refrigeration
• Refrigerated Display Cases
• Ice Machines
• Others (Vending Machines)

By Application

• Food & Beverage
• Retail Stores
• Hotels & Restaurants
• Chemicals & Pharmaceuticals
• Others (Hospitality)

By Region

• North America (By Type, Application, and Country)
  • U.S. (By Application)
  • Canada (By Application)
• Latin America (By Type, Application, and Country)
  • Brazil (By Application)
  • Mexico (By Application)
  • Rest of Latin America
• Europe (By Type, Application, and Country)
  • U.K. (By Application)
  • Germany (By Application)
  • France (By Application)
  • Italy (By Application)
  • Spain (By Application)
  • Russia (By Application)
  • Benelux (By Application)
  • Nordics (By Application)
  • Rest of Europe
• Middle East & Africa (By Type, Application, and Country)
  • South Africa (By Application)
  • GCC (By Application)
  • Rest of Middle East & Africa
• Asia Pacific (By Type, Application, and Country)
  • China (By Application)
  • India (By Application)
  • Japan (By Application)
  • South Korea (By Application)
  • ASEAN (By Application)
  • Oceania (By Application)
  • Rest of Asia Pacific

Table of Content

1. Introduction

• 1.1. Definition, By Segment
• 1.2. Research Methodology/Approach
• 1.3. Data Sources

2. Executive Summary

3. Market Dynamics

• 3.1. Macro and Micro Economic Indicators
• 3.2. Drivers, Restraints, Opportunities, and Trends

4. Competition Landscape

• 4.1. Business Strategies Adopted by Key Players
• 4.2. Consolidated SWOT Analysis of Key Players
• 4.3. Global Commercial Refrigeration Equipment Key Players Market Share/Ranking, 2025

5. Global Commercial Refrigeration Equipment Market Size Estimates and Forecasts, By Segments, 2021-2034

• 5.1. Key Findings
• 5.2. By Type (USD)
  • 5.2.1. Refrigerator & Freezer
  • 5.2.2. Transport Refrigeration
  • 5.2.3. Refrigerated Display Cases
  • 5.2.4. Ice Machines
  • 5.2.5. Others (Vending Machines, etc.)
• 5.3. By Application (USD)
  • 5.3.1. Food & Beverage
  • 5.3.2. Retail Stores
  • 5.3.3. Hotels & Restaurants
  • 5.3.4. Chemicals & Pharmaceuticals
  • 5.3.5. Others (Hospitality, etc.)
• 5.4. By Country (USD)
  • 5.4.1. North America
  • 5.4.2. Latin America
  • 5.4.3. Europe
  • 5.4.4. Middle East & Africa
  • 5.4.5. Asia Pacific

6. North America Commercial Refrigeration Equipment Market Size Estimates and Forecasts, By Segments, 2021-2034

• 6.1. Key Findings
• 6.2. Type (USD)
  • 6.2.1. Refrigerator & Freezer
  • 6.2.2. Transport Refrigeration
  • 6.2.3. Refrigerated Display Cases
  • 6.2.4. Ice Machines
  • 6.2.5. Others (Vending Machines, etc.)
• 6.3. By Application (USD)
  • 6.3.1. Food & Beverage
  • 6.3.2. Retail Stores
  • 6.3.3. Hotels & Restaurants
  • 6.3.4. Chemicals & Pharmaceuticals
  • 6.3.5. Others (Hospitality, etc.)
• 6.4. By Country (USD)
  • 6.4.1. United States
    • 6.4.1.1. By Application
  • 6.4.2. Canada
    • 6.4.2.1. By Application

7. Latin America Commercial Refrigeration Equipment Market Size Estimates and Forecasts, By Segments, 2021-2034

• 7.1. Key Findings
• 7.2. Type (USD)
  • 7.2.1. Refrigerator & Freezer
  • 7.2.2. Transport Refrigeration
  • 7.2.3. Refrigerated Display Cases
  • 7.2.4. Ice Machines
  • 7.2.5. Others (Vending Machines, etc.)
• 7.3. By Application (USD)
  • 7.3.1. Food & Beverage
  • 7.3.2. Retail Stores
  • 7.3.3. Hotels & Restaurants
  • 7.3.4. Chemicals & Pharmaceuticals
  • 7.3.5. Others (Hospitality, etc.)
• 7.4. By Country (USD)
  • 7.4.1. Brazil
    • 7.4.1.1. By Application
  • 7.4.2. Mexico
    • 7.4.2.1. By Application
  • 7.4.3. Rest of Latin America

8. Europe Commercial Refrigeration Equipment Market Size Estimates and Forecasts, By Segments, 2021-2034

• 8.1. Key Findings
• 8.2. Type (USD)
  • 8.2.1. Refrigerator & Freezer
  • 8.2.2. Transport Refrigeration
  • 8.2.3. Refrigerated Display Cases
  • 8.2.4. Ice Machines
  • 8.2.5. Others (Vending Machines, etc.)
• 8.3. By Application (USD)
  • 8.3.1. Food & Beverage
  • 8.3.2. Retail Stores
  • 8.3.3. Hotels & Restaurants
  • 8.3.4. Chemicals & Pharmaceuticals
  • 8.3.5. Others (Hospitality, etc.)
• 8.4. By Country (USD)
  • 8.4.1. United Kingdom
    • 8.4.1.1. By Application
  • 8.4.2. Germany
    • 8.4.2.1. By Application
  • 8.4.3. France
    • 8.4.3.1. By Application
  • 8.4.4. Italy
    • 8.4.4.1. By Application
  • 8.4.5. Spain
    • 8.4.5.1. By Application
  • 8.4.6. Russia
    • 8.4.6.1. By Application
  • 8.4.7. Benelux
    • 8.4.7.1. By Application
  • 8.4.8. Nordics
    • 8.4.8.1. By Application
  • 8.4.9. Rest of Europe

9. Middle East & Africa Commercial Refrigeration Equipment Market Size Estimates and Forecasts, By Segments, 2021-2034

• 9.1. Key Findings
• 9.2. Type (USD)
  • 9.2.1. Refrigerator & Freezer
  • 9.2.2. Transport Refrigeration
  • 9.2.3. Refrigerated Display Cases
  • 9.2.4. Ice Machines
  • 9.2.5. Others (Vending Machines, etc.)
• 9.3. By Application (USD)
  • 9.3.1. Food & Beverage
  • 9.3.2. Retail Stores
  • 9.3.3. Hotels & Restaurants
  • 9.3.4. Chemicals & Pharmaceuticals
  • 9.3.5. Others (Hospitality, etc.)
• 9.4. By Country (USD)
  • 9.4.1. GCC
    • 9.4.1.1. By Application
  • 9.4.2. South Africa
    • 9.4.2.1. By Application
  • 9.4.3. Rest of Middle East & Africa

10. Asia Pacific Commercial Refrigeration Equipment Market Size Estimates and Forecasts, By Segments, 2021-2034

• 10.1. Key Findings
• 10.2. Type (USD)
  • 10.2.1. Refrigerator & Freezer
  • 10.2.2. Transport Refrigeration
  • 10.2.3. Refrigerated Display Cases
  • 10.2.4. Ice Machines
  • 10.2.5. Others (Vending Machines, etc.)
• 10.3. By Application (USD)
  • 10.3.1. Food & Beverage
  • 10.3.2. Retail Stores
  • 10.3.3. Hotels & Restaurants
  • 10.3.4. Chemicals & Pharmaceuticals
  • 10.3.5. Others (Hospitality, etc.)
• 10.4. By Country (USD)
  • 10.4.1. China
    • 10.4.1.1. By Application
  • 10.4.2. India
    • 10.4.2.1. By Application
  • 10.4.3. Japan
    • 10.4.3.1. By Application
  • 10.4.4. South Korea
    • 10.4.4.1. By Application
  • 10.4.5. ASEAN
    • 10.4.5.1. By Application
  • 10.4.6. Oceania
    • 10.4.6.1. By Application
  • 10.4.7. Rest of Asia Pacific

11. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases)

• 11.1. Carrier Global Corporation
  • 11.1.1. Overview
    • 11.1.1.1. Key Management
    • 11.1.1.2. Headquarters
    • 11.1.1.3. Offerings/Business Segments
  • 11.1.2. Key Details (Key details are consolidated data and not product/service specific)
    • 11.1.2.1. Employee Size
    • 11.1.2.2. Past and Current Revenue
    • 11.1.2.3. Geographical Share
    • 11.1.2.4. Business Segment Share
    • 11.1.2.5. Recent Developments
• 11.2. Danfoss
  • 11.2.1. Overview
    • 11.2.1.1. Key Management
    • 11.2.1.2. Headquarters
    • 11.2.1.3. Offerings/Business Segments
  • 11.2.2. Key Details (Key details are consolidated data and not product/service specific)
    • 11.2.2.1. Employee Size
    • 11.2.2.2. Past and Current Revenue
    • 11.2.2.3. Geographical Share
    • 11.2.2.4. Business Segment Share
    • 11.2.2.5. Recent Developments
• 11.3. GEA Group Aktiengesellschaft
  • 11.3.1. Overview
    • 11.3.1.1. Key Management
    • 11.3.1.2. Headquarters
    • 11.3.1.3. Offerings/Business Segments
  • 11.3.2. Key Details (Key details are consolidated data and not product/service specific)
    • 11.3.2.1. Employee Size
    • 11.3.2.2. Past and Current Revenue
    • 11.3.2.3. Geographical Share
    • 11.3.2.4. Business Segment Share
    • 11.3.2.5. Recent Developments
• 11.4. Daikin Industries, Ltd.
  • 11.4.1. Overview
    • 11.4.1.1. Key Management
    • 11.4.1.2. Headquarters
    • 11.4.1.3. Offerings/Business Segments
  • 11.4.2. Key Details (Key details are consolidated data and not product/service specific)
    • 11.4.2.1. Employee Size
    • 11.4.2.2. Past and Current Revenue
    • 11.4.2.3. Geographical Share
    • 11.4.2.4. Business Segment Share
    • 11.4.2.5. Recent Developments
• 11.5. Johnson Controls
  • 11.5.1. Overview
    • 11.5.1.1. Key Management
    • 11.5.1.2. Headquarters
    • 11.5.1.3. Offerings/Business Segments
  • 11.5.2. Key Details (Key details are consolidated data and not product/service specific)
    • 11.5.2.1. Employee Size
    • 11.5.2.2. Past and Current Revenue
    • 11.5.2.3. Geographical Share
    • 11.5.2.4. Business Segment Share
    • 11.5.2.5. Recent Developments
• 11.6. Nor-Lake, Inc.
  • 11.6.1. Overview
    • 11.6.1.1. Key Management
    • 11.6.1.2. Headquarters
    • 11.6.1.3. Offerings/Business Segments
  • 11.6.2. Key Details (Key details are consolidated data and not product/service specific)
    • 11.6.2.1. Employee Size
    • 11.6.2.2. Past and Current Revenue
    • 11.6.2.3. Geographical Share
    • 11.6.2.4. Business Segment Share
    • 11.6.2.5. Recent Developments
• 11.7. The Middleby Corporation
  • 11.7.1. Overview
    • 11.7.1.1. Key Management
    • 11.7.1.2. Headquarters
    • 11.7.1.3. Offerings/Business Segments
  • 11.7.2. Key Details (Key details are consolidated data and not product/service specific)
    • 11.7.2.1. Employee Size
    • 11.7.2.2. Past and Current Revenue
    • 11.7.2.3. Geographical Share
    • 11.7.2.4. Business Segment Share
    • 11.7.2.5. Recent Developments
• 11.8. Imbera
  • 11.8.1. Overview
    • 11.8.1.1. Key Management
    • 11.8.1.2. Headquarters
    • 11.8.1.3. Offerings/Business Segments
  • 11.8.2. Key Details (Key details are consolidated data and not product/service specific)
    • 11.8.2.1. Employee Size
    • 11.8.2.2. Past and Current Revenue
    • 11.8.2.3. Geographical Share
    • 11.8.2.4. Business Segment Share
    • 11.8.2.5. Recent Developments
• 11.9. AB Electrolux
  • 11.9.1. Overview
    • 11.9.1.1. Key Management
    • 11.9.1.2. Headquarters
    • 11.9.1.3. Offerings/Business Segments
  • 11.9.2. Key Details (Key details are consolidated data and not product/service specific)
    • 11.9.2.1. Employee Size
    • 11.9.2.2. Past and Current Revenue
    • 11.9.2.3. Geographical Share
    • 11.9.2.4. Business Segment Share
    • 11.9.2.5. Recent Developments
• 11.10. Welbilt
  • 11.10.1. Overview
    • 11.10.1.1. Key Management
    • 11.10.1.2. Headquarters
    • 11.10.1.3. Offerings/Business Segments
  • 11.10.2. Key Details (Key details are consolidated data and not product/service specific)
    • 11.10.2.1. Employee Size
    • 11.10.2.2. Past and Current Revenue
    • 11.10.2.3. Geographical Share
    • 11.10.2.4. Business Segment Share
    • 11.10.2.5. Recent Developments