상업용 냉장 시장 기회, 성장 촉진 요인, 산업 동향 분석, 예측(2025-2034년)

The Global Commercial Refrigeration Market was valued at USD 85.6 billion in 2024 and is projected to grow at a CAGR of 6.6% from 2025 to 2034. The rising demand for energy-efficient refrigeration solutions in supermarkets, restaurants, and convenience stores is driving market expansion. These establishments increasingly focus on reducing energy consumption due to the high operational costs associated with traditional refrigeration systems. New advancements in cooling technology are helping businesses meet energy efficiency goals while maintaining the quality and safety of perishable goods. Additionally, the growing popularity of frozen and processed foods globally is contributing to increased demand for commercial refrigeration systems. The adoption of low-global-warming-potential (GWP) refrigerants and the implementation of IoT-enabled remote monitoring systems are becoming essential for companies striving to enhance operational efficiency and comply with sustainability standards.

The growth of the food retail and food service sectors is another key driver for the commercial refrigeration market. The rising number of supermarkets, hypermarkets, quick-service restaurants, and cloud kitchens has created a need for more advanced and reliable refrigeration systems. Manufacturers are incorporating innovative technologies, including transcritical CO2 systems, magnetic refrigeration, and improved insulation materials, to optimize energy use and minimize costs. Moreover, there is a growing shift toward using eco-friendly refrigerants such as hydrocarbons and ammonia to reduce the environmental impact of refrigeration systems. Government policies and incentives aimed at promoting energy-efficient refrigeration equipment are encouraging many businesses to upgrade their systems, further supporting market growth.

In terms of product types, refrigerated display cabinets accounted for a significant portion of the commercial refrigeration market, generating USD 37.2 billion in 2024, with projections to exceed USD 66 billion by 2034. These cabinets are essential for maintaining the freshness and visual appeal of perishable goods in retail environments. Modern refrigerated display cabinets are equipped with energy-efficient features, including LED lighting, advanced insulation, and energy-saving compressors, ensuring optimal performance while reducing energy consumption. Smart refrigeration systems with IoT capabilities are also gaining traction, allowing retailers to monitor and manage temperature, humidity, and energy use remotely, which enhances operational efficiency and minimizes food waste.

The food and beverage retail segment dominated the market in 2024, with a 43.8% share, and is expected to reach USD 73.2 billion by 2034. The growing preference for fresh, frozen, and prepared foods has increased the demand for reliable refrigeration solutions. As specialized food retailers and supermarket chains expand, the need for advanced refrigeration systems has intensified, especially for display units that preserve fresh produce, dairy, and frozen items. Rising food safety regulations have also prompted the adoption of precise temperature control systems to prevent spoilage.

The United States held a dominant position in the North American market, generating USD 23.5 billion in 2024, with expectations to reach USD 45.8 billion by 2034 due to a large number of food processing facilities and increased demand for refrigeration solutions.

Table of Contents

Chapter 1 Methodology & Scope

• 1.1 Market scope & definition
• 1.2 Base estimates & calculations
• 1.3 Forecast parameters
• 1.4 Data sources
  • 1.4.1 Primary
  • 1.4.2 Secondary
    • 1.4.2.1 Paid sources
    • 1.4.2.2 Public sources

Chapter 2 Executive Summary

• 2.1 Industry 360⁰ synopsis, 2018 - 2034

Chapter 3 Industry Insights

• 3.1 Industry ecosystem analysis
  • 3.1.1 Factors affecting the value chain
  • 3.1.2 Profit margin analysis
  • 3.1.3 Disruptions
  • 3.1.4 Future outlook
  • 3.1.5 Manufacturers
  • 3.1.6 Distributors
  • 3.1.7 Retailers
• 3.2 Impact forces
  • 3.2.1 Growth drivers
    • 3.2.1.1 Rapid expansion of global trade and supply chains
    • 3.2.1.2 R&D investments for technical improvements and innovative product development
    • 3.2.1.3 Booming retail and cold food chains in Asia Pacific and Latin America
    • 3.2.1.4 Increasing governments focus on the reduction of food wastage.
    • 3.2.1.5 Rising demand for advanced refrigeration solutions for efficient storage of vaccines and medical supplies.
  • 3.2.2 Industry pitfalls & challenges
    • 3.2.2.1 Stringent regulations for part suppliers and OEMs
    • 3.2.2.2 Slow pace in upgradation & replacement of old commercial refrigeration systems
• 3.3 Technology & innovation landscape
• 3.4 Consumer buying behavior analysis
  • 3.4.1 Demographic trends
  • 3.4.2 Factors affecting buying decision
  • 3.4.3 Consumer product adoption
  • 3.4.4 Preferred distribution channel
• 3.5 Growth potential analysis
• 3.6 Regulatory landscape
• 3.7 Pricing analysis
• 3.8 Porter's analysis
• 3.9 PESTEL analysis

Chapter 4 Competitive Landscape, 2024

• 4.1 Introduction
• 4.2 Company market share analysis
• 4.3 Competitive positioning matrix
• 4.4 Strategic outlook matrix

Chapter 5 Market Estimates & Forecast, By Product Type, 2021 – 2034, (USD Billion) (Million Units)

• 5.1 Key trends
• 5.2 Transportation refrigeration equipment
• 5.3 Refrigerated display cabinets
• 5.4 Beverage coolers
• 5.5 Ice machines
• 5.6 Vending machines
• 5.7 Refrigerators, Freezers, and Condensing Units
• 5.8 Other components

Chapter 6 Market Estimates & Forecast, By Application, 2021 – 2034, (USD Billion) (Million Units)

• 6.1 Key trends
• 6.2 Food service
• 6.3 Food & beverage retail
• 6.4 Food & beverage production
• 6.5 Food & beverage distribution

Chapter 7 Market Estimates & Forecast, By Region, 2021 – 2034, (USD Billion) (Million Units)

• 7.1 Key trends
• 7.2 North America
  • 7.2.1 U.S.
  • 7.2.2 Canada
• 7.3 Europe
  • 7.3.1 UK
  • 7.3.2 Germany
  • 7.3.3 France
  • 7.3.4 Italy
  • 7.3.5 Spain
  • 7.3.6 Russia
• 7.4 Asia Pacific
  • 7.4.1 China
  • 7.4.2 India
  • 7.4.3 Japan
  • 7.4.4 South Korea
  • 7.4.5 Singapore
  • 7.4.6 Malaysia
  • 7.4.7 Australia
• 7.5 Latin America
  • 7.5.1 Brazil
  • 7.5.2 Mexico
• 7.6 MEA
  • 7.6.1 Saudi Arabia
  • 7.6.2 UAE
  • 7.6.3 South Africa

Chapter 8 Company Profiles (Business Overview, Financial Data, Product Landscape, Strategic Outlook, SWOT Analysis)

• 8.1 AB Electrolux
• 8.2 Bitzer
• 8.3 Daikin Industries Ltd.
• 8.4 Danfoss A/S
• 8.5 Emerson Electric
• 8.6 GEA Group AG (GEA)
• 8.7 Haier Gro
• 8.8 Hussmann Corporation
• 8.9 Illinois Tool Works Inc
• 8.10 Johnson Controls