세계의 산업용 냉장 : 시장 점유율과 순위, 전체 판매량 및 수요 예측(2025-2031년)

The global market for Industrial Refrigeration was estimated to be worth US$ 12405 million in 2024 and is forecast to a readjusted size of US$ 16742 million by 2031 with a CAGR of 4.6% during the forecast period 2025-2031.

This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Industrial Refrigeration cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.

Industrial refrigeration is a specialized technical system that uses manual intervention to achieve and maintain the temperature of specific spaces, media, or equipment below the ambient temperature during industrial production. It is one of the core auxiliary processes supporting the efficient and stable operation of modern industry. Essentially, it uses thermodynamic cycles (such as vapor compression refrigeration) to transfer heat from the objects requiring cooling (such as production materials, reaction systems, and precision equipment) to the external environment, thereby meeting the stringent temperature accuracy and stability requirements of industrial production.

In 2024, Industrial refrigeration output is 26,722 MW, with a price of approximately US$464.23/kW.

From a technological perspective, the replacement of environmentally friendly refrigerants is accelerating significantly, with CO2 systems growing at a significantly faster rate than traditional HFCs equipment, and expected to reach a market share of 40.97% in 2031. Intelligent solutions are key to energy efficiency upgrades. Application areas are showing differentiation, with food processing and cold chain logistics constituting the core markets, accounting for 43.72% and 23.12% respectively in 2024.

The global industrial refrigeration market exhibits distinct characteristics depending on factors such as regional economic development levels, industrialization progress, environmental policies, and market demand.

The European market has extremely high environmental standards, particularly for the use of environmentally friendly refrigerants. New European F-gas regulations are driving end users away from environmentally harmful hydrofluorocarbons (HFCs). Furthermore, industrial ammonia systems are unsuitable for certain applications due to their high investment costs and potential toxicity when used in closed environments. Consequently, downstream customers are forced to adopt modified CO2 refrigeration units designed specifically for industrial applications. By 2024, CO2 refrigeration systems will account for 57% of the European market, while HFC refrigeration systems are expected to be phased out.

Future market competition will revolve around two key technological axes: greening (increasing the proportion of natural working fluids to 61%) and intelligence. However, challenges such as the increasing cost of ammonia system transformation and the global shortage of technical talent still require collaborative breakthroughs across the industry chain.

This report aims to provide a comprehensive presentation of the global market for Industrial Refrigeration, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Industrial Refrigeration by region & country, by Refrigerant Type, and by Application.

The Industrial Refrigeration market size, estimations, and forecasts are provided in terms of sales volume (MW) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Industrial Refrigeration.

Market Segmentation

By Company

• Johnson Controls
• Ingersoll-Rand
• Danfoss
• Copeland
• Mayekawa
• Profroid
• GEA Group
• Bitzer Kuhlmaschinenbau
• Daikin Industries
• Evapco
• LU-VE
• Star Refrigeration
• SCM Frigo
• Teko
• Moon Tech
• Baltimore Aircoil Company
• Rivacold
• Snowman Group
• Hitema

Segment by Refrigerant Type

• Ammonia
• Carbon Dioxide
• Others

Segment by Application

• Food Processing
• Chemical and Pharmaceuticals
• Energy
• Transportation and Logistics
• Others

By Region

• North America
  • United States
  • Canada
• Asia-Pacific
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Australia
  • Rest of Asia-Pacific
• Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Netherlands
  • Nordic Countries
  • Rest of Europe
• Latin America
  • Mexico
  • Brazil
  • Rest of Latin America
• Middle East & Africa
  • Turkey
  • Saudi Arabia
  • UAE
  • Rest of MEA

Chapter Outline

Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 2: Detailed analysis of Industrial Refrigeration manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: Provides the analysis of various market segments by Refrigerant Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 5: Sales, revenue of Industrial Refrigeration in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 6: Sales, revenue of Industrial Refrigeration in country level. It provides sigmate data by Refrigerant Type, and by Application for each country/region.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Conclusion.

Table of Contents

1 Market Overview

• 1.1 Industrial Refrigeration Product Introduction
• 1.2 Global Industrial Refrigeration Market Size Forecast
  • 1.2.1 Global Industrial Refrigeration Sales Value (2020-2031)
  • 1.2.2 Global Industrial Refrigeration Sales Volume (2020-2031)
  • 1.2.3 Global Industrial Refrigeration Sales Price (2020-2031)
• 1.3 Industrial Refrigeration Market Trends & Drivers
  • 1.3.1 Industrial Refrigeration Industry Trends
  • 1.3.2 Industrial Refrigeration Market Drivers & Opportunity
  • 1.3.3 Industrial Refrigeration Market Challenges
  • 1.3.4 Industrial Refrigeration Market Restraints
• 1.4 Assumptions and Limitations
• 1.5 Study Objectives
• 1.6 Years Considered

2 Competitive Analysis by Company

• 2.1 Global Industrial Refrigeration Players Revenue Ranking (2024)
• 2.2 Global Industrial Refrigeration Revenue by Company (2020-2025)
• 2.3 Global Industrial Refrigeration Players Sales Volume Ranking (2024)
• 2.4 Global Industrial Refrigeration Sales Volume by Company Players (2020-2025)
• 2.5 Global Industrial Refrigeration Average Price by Company (2020-2025)
• 2.6 Key Manufacturers Industrial Refrigeration Manufacturing Base and Headquarters
• 2.7 Key Manufacturers Industrial Refrigeration Product Offered
• 2.8 Key Manufacturers Time to Begin Mass Production of Industrial Refrigeration
• 2.9 Industrial Refrigeration Market Competitive Analysis
  • 2.9.1 Industrial Refrigeration Market Concentration Rate (2020-2025)
  • 2.9.2 Global 5 and 10 Largest Manufacturers by Industrial Refrigeration Revenue in 2024
  • 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Industrial Refrigeration as of 2024)
• 2.10 Mergers & Acquisitions, Expansion

3 Segmentation by Refrigerant Type

• 3.1 Introduction by Refrigerant Type
  • 3.1.1 Ammonia
  • 3.1.2 Carbon Dioxide
  • 3.1.3 Others
• 3.2 Global Industrial Refrigeration Sales Value by Refrigerant Type
  • 3.2.1 Global Industrial Refrigeration Sales Value by Refrigerant Type (2020 VS 2024 VS 2031)
  • 3.2.2 Global Industrial Refrigeration Sales Value, by Refrigerant Type (2020-2031)
  • 3.2.3 Global Industrial Refrigeration Sales Value, by Refrigerant Type (%) (2020-2031)
• 3.3 Global Industrial Refrigeration Sales Volume by Refrigerant Type
  • 3.3.1 Global Industrial Refrigeration Sales Volume by Refrigerant Type (2020 VS 2024 VS 2031)
  • 3.3.2 Global Industrial Refrigeration Sales Volume, by Refrigerant Type (2020-2031)
  • 3.3.3 Global Industrial Refrigeration Sales Volume, by Refrigerant Type (%) (2020-2031)
• 3.4 Global Industrial Refrigeration Average Price by Refrigerant Type (2020-2031)

4 Segmentation by Application

• 4.1 Introduction by Application
  • 4.1.1 Food Processing
  • 4.1.2 Chemical and Pharmaceuticals
  • 4.1.3 Energy
  • 4.1.4 Transportation and Logistics
  • 4.1.5 Others
• 4.2 Global Industrial Refrigeration Sales Value by Application
  • 4.2.1 Global Industrial Refrigeration Sales Value by Application (2020 VS 2024 VS 2031)
  • 4.2.2 Global Industrial Refrigeration Sales Value, by Application (2020-2031)
  • 4.2.3 Global Industrial Refrigeration Sales Value, by Application (%) (2020-2031)
• 4.3 Global Industrial Refrigeration Sales Volume by Application
  • 4.3.1 Global Industrial Refrigeration Sales Volume by Application (2020 VS 2024 VS 2031)
  • 4.3.2 Global Industrial Refrigeration Sales Volume, by Application (2020-2031)
  • 4.3.3 Global Industrial Refrigeration Sales Volume, by Application (%) (2020-2031)
• 4.4 Global Industrial Refrigeration Average Price by Application (2020-2031)

5 Segmentation by Region

• 5.1 Global Industrial Refrigeration Sales Value by Region
  • 5.1.1 Global Industrial Refrigeration Sales Value by Region: 2020 VS 2024 VS 2031
  • 5.1.2 Global Industrial Refrigeration Sales Value by Region (2020-2025)
  • 5.1.3 Global Industrial Refrigeration Sales Value by Region (2026-2031)
  • 5.1.4 Global Industrial Refrigeration Sales Value by Region (%), (2020-2031)
• 5.2 Global Industrial Refrigeration Sales Volume by Region
  • 5.2.1 Global Industrial Refrigeration Sales Volume by Region: 2020 VS 2024 VS 2031
  • 5.2.2 Global Industrial Refrigeration Sales Volume by Region (2020-2025)
  • 5.2.3 Global Industrial Refrigeration Sales Volume by Region (2026-2031)
  • 5.2.4 Global Industrial Refrigeration Sales Volume by Region (%), (2020-2031)
• 5.3 Global Industrial Refrigeration Average Price by Region (2020-2031)
• 5.4 North America
  • 5.4.1 North America Industrial Refrigeration Sales Value, 2020-2031
  • 5.4.2 North America Industrial Refrigeration Sales Value by Country (%), 2024 VS 2031
• 5.5 Europe
  • 5.5.1 Europe Industrial Refrigeration Sales Value, 2020-2031
  • 5.5.2 Europe Industrial Refrigeration Sales Value by Country (%), 2024 VS 2031
• 5.6 Asia Pacific
  • 5.6.1 Asia Pacific Industrial Refrigeration Sales Value, 2020-2031
  • 5.6.2 Asia Pacific Industrial Refrigeration Sales Value by Region (%), 2024 VS 2031
• 5.7 South America
  • 5.7.1 South America Industrial Refrigeration Sales Value, 2020-2031
  • 5.7.2 South America Industrial Refrigeration Sales Value by Country (%), 2024 VS 2031
• 5.8 Middle East & Africa
  • 5.8.1 Middle East & Africa Industrial Refrigeration Sales Value, 2020-2031
  • 5.8.2 Middle East & Africa Industrial Refrigeration Sales Value by Country (%), 2024 VS 2031

6 Segmentation by Key Countries/Regions

• 6.1 Key Countries/Regions Industrial Refrigeration Sales Value Growth Trends, 2020 VS 2024 VS 2031
• 6.2 Key Countries/Regions Industrial Refrigeration Sales Value and Sales Volume
  • 6.2.1 Key Countries/Regions Industrial Refrigeration Sales Value, 2020-2031
  • 6.2.2 Key Countries/Regions Industrial Refrigeration Sales Volume, 2020-2031
• 6.3 United States
  • 6.3.1 United States Industrial Refrigeration Sales Value, 2020-2031
  • 6.3.2 United States Industrial Refrigeration Sales Value by Refrigerant Type (%), 2024 VS 2031
  • 6.3.3 United States Industrial Refrigeration Sales Value by Application, 2024 VS 2031
• 6.4 Europe
  • 6.4.1 Europe Industrial Refrigeration Sales Value, 2020-2031
  • 6.4.2 Europe Industrial Refrigeration Sales Value by Refrigerant Type (%), 2024 VS 2031
  • 6.4.3 Europe Industrial Refrigeration Sales Value by Application, 2024 VS 2031
• 6.5 China
  • 6.5.1 China Industrial Refrigeration Sales Value, 2020-2031
  • 6.5.2 China Industrial Refrigeration Sales Value by Refrigerant Type (%), 2024 VS 2031
  • 6.5.3 China Industrial Refrigeration Sales Value by Application, 2024 VS 2031
• 6.6 Japan
  • 6.6.1 Japan Industrial Refrigeration Sales Value, 2020-2031
  • 6.6.2 Japan Industrial Refrigeration Sales Value by Refrigerant Type (%), 2024 VS 2031
  • 6.6.3 Japan Industrial Refrigeration Sales Value by Application, 2024 VS 2031
• 6.7 South Korea
  • 6.7.1 South Korea Industrial Refrigeration Sales Value, 2020-2031
  • 6.7.2 South Korea Industrial Refrigeration Sales Value by Refrigerant Type (%), 2024 VS 2031
  • 6.7.3 South Korea Industrial Refrigeration Sales Value by Application, 2024 VS 2031
• 6.8 Southeast Asia
  • 6.8.1 Southeast Asia Industrial Refrigeration Sales Value, 2020-2031
  • 6.8.2 Southeast Asia Industrial Refrigeration Sales Value by Refrigerant Type (%), 2024 VS 2031
  • 6.8.3 Southeast Asia Industrial Refrigeration Sales Value by Application, 2024 VS 2031
• 6.9 India
  • 6.9.1 India Industrial Refrigeration Sales Value, 2020-2031
  • 6.9.2 India Industrial Refrigeration Sales Value by Refrigerant Type (%), 2024 VS 2031
  • 6.9.3 India Industrial Refrigeration Sales Value by Application, 2024 VS 2031

7 Company Profiles

• 7.1 Johnson Controls
  • 7.1.1 Johnson Controls Company Information
  • 7.1.2 Johnson Controls Introduction and Business Overview
  • 7.1.3 Johnson Controls Industrial Refrigeration Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.1.4 Johnson Controls Industrial Refrigeration Product Offerings
  • 7.1.5 Johnson Controls Recent Development
• 7.2 Ingersoll-Rand
  • 7.2.1 Ingersoll-Rand Company Information
  • 7.2.2 Ingersoll-Rand Introduction and Business Overview
  • 7.2.3 Ingersoll-Rand Industrial Refrigeration Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.2.4 Ingersoll-Rand Industrial Refrigeration Product Offerings
  • 7.2.5 Ingersoll-Rand Recent Development
• 7.3 Danfoss
  • 7.3.1 Danfoss Company Information
  • 7.3.2 Danfoss Introduction and Business Overview
  • 7.3.3 Danfoss Industrial Refrigeration Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.3.4 Danfoss Industrial Refrigeration Product Offerings
  • 7.3.5 Danfoss Recent Development
• 7.4 Copeland
  • 7.4.1 Copeland Company Information
  • 7.4.2 Copeland Introduction and Business Overview
  • 7.4.3 Copeland Industrial Refrigeration Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.4.4 Copeland Industrial Refrigeration Product Offerings
  • 7.4.5 Copeland Recent Development
• 7.5 Mayekawa
  • 7.5.1 Mayekawa Company Information
  • 7.5.2 Mayekawa Introduction and Business Overview
  • 7.5.3 Mayekawa Industrial Refrigeration Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.5.4 Mayekawa Industrial Refrigeration Product Offerings
  • 7.5.5 Mayekawa Recent Development
• 7.6 Profroid
  • 7.6.1 Profroid Company Information
  • 7.6.2 Profroid Introduction and Business Overview
  • 7.6.3 Profroid Industrial Refrigeration Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.6.4 Profroid Industrial Refrigeration Product Offerings
  • 7.6.5 Profroid Recent Development
• 7.7 GEA Group
  • 7.7.1 GEA Group Company Information
  • 7.7.2 GEA Group Introduction and Business Overview
  • 7.7.3 GEA Group Industrial Refrigeration Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.7.4 GEA Group Industrial Refrigeration Product Offerings
  • 7.7.5 GEA Group Recent Development
• 7.8 Bitzer Kuhlmaschinenbau
  • 7.8.1 Bitzer Kuhlmaschinenbau Company Information
  • 7.8.2 Bitzer Kuhlmaschinenbau Introduction and Business Overview
  • 7.8.3 Bitzer Kuhlmaschinenbau Industrial Refrigeration Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.8.4 Bitzer Kuhlmaschinenbau Industrial Refrigeration Product Offerings
  • 7.8.5 Bitzer Kuhlmaschinenbau Recent Development
• 7.9 Daikin Industries
  • 7.9.1 Daikin Industries Company Information
  • 7.9.2 Daikin Industries Introduction and Business Overview
  • 7.9.3 Daikin Industries Industrial Refrigeration Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.9.4 Daikin Industries Industrial Refrigeration Product Offerings
  • 7.9.5 Daikin Industries Recent Development
• 7.10 Evapco
  • 7.10.1 Evapco Company Information
  • 7.10.2 Evapco Introduction and Business Overview
  • 7.10.3 Evapco Industrial Refrigeration Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.10.4 Evapco Industrial Refrigeration Product Offerings
  • 7.10.5 Evapco Recent Development
• 7.11 LU-VE
  • 7.11.1 LU-VE Company Information
  • 7.11.2 LU-VE Introduction and Business Overview
  • 7.11.3 LU-VE Industrial Refrigeration Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.11.4 LU-VE Industrial Refrigeration Product Offerings
  • 7.11.5 LU-VE Recent Development
• 7.12 Star Refrigeration
  • 7.12.1 Star Refrigeration Company Information
  • 7.12.2 Star Refrigeration Introduction and Business Overview
  • 7.12.3 Star Refrigeration Industrial Refrigeration Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.12.4 Star Refrigeration Industrial Refrigeration Product Offerings
  • 7.12.5 Star Refrigeration Recent Development
• 7.13 SCM Frigo
  • 7.13.1 SCM Frigo Company Information
  • 7.13.2 SCM Frigo Introduction and Business Overview
  • 7.13.3 SCM Frigo Industrial Refrigeration Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.13.4 SCM Frigo Industrial Refrigeration Product Offerings
  • 7.13.5 SCM Frigo Recent Development
• 7.14 Teko
  • 7.14.1 Teko Company Information
  • 7.14.2 Teko Introduction and Business Overview
  • 7.14.3 Teko Industrial Refrigeration Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.14.4 Teko Industrial Refrigeration Product Offerings
  • 7.14.5 Teko Recent Development
• 7.15 Moon Tech
  • 7.15.1 Moon Tech Company Information
  • 7.15.2 Moon Tech Introduction and Business Overview
  • 7.15.3 Moon Tech Industrial Refrigeration Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.15.4 Moon Tech Industrial Refrigeration Product Offerings
  • 7.15.5 Moon Tech Recent Development
• 7.16 Baltimore Aircoil Company
  • 7.16.1 Baltimore Aircoil Company Company Information
  • 7.16.2 Baltimore Aircoil Company Introduction and Business Overview
  • 7.16.3 Baltimore Aircoil Company Industrial Refrigeration Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.16.4 Baltimore Aircoil Company Industrial Refrigeration Product Offerings
  • 7.16.5 Baltimore Aircoil Company Recent Development
• 7.17 Rivacold
  • 7.17.1 Rivacold Company Information
  • 7.17.2 Rivacold Introduction and Business Overview
  • 7.17.3 Rivacold Industrial Refrigeration Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.17.4 Rivacold Industrial Refrigeration Product Offerings
  • 7.17.5 Rivacold Recent Development
• 7.18 Snowman Group
  • 7.18.1 Snowman Group Company Information
  • 7.18.2 Snowman Group Introduction and Business Overview
  • 7.18.3 Snowman Group Industrial Refrigeration Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.18.4 Snowman Group Industrial Refrigeration Product Offerings
  • 7.18.5 Snowman Group Recent Development
• 7.19 Hitema
  • 7.19.1 Hitema Company Information
  • 7.19.2 Hitema Introduction and Business Overview
  • 7.19.3 Hitema Industrial Refrigeration Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.19.4 Hitema Industrial Refrigeration Product Offerings
  • 7.19.5 Hitema Recent Development

8 Industry Chain Analysis

• 8.1 Industrial Refrigeration Industrial Chain
• 8.2 Industrial Refrigeration Upstream Analysis
  • 8.2.1 Key Raw Materials
  • 8.2.2 Raw Materials Key Suppliers
  • 8.2.3 Manufacturing Cost Structure
• 8.3 Midstream Analysis
• 8.4 Downstream Analysis (Customers Analysis)
• 8.5 Sales Model and Sales Channels
  • 8.5.1 Industrial Refrigeration Sales Model
  • 8.5.2 Sales Channel
  • 8.5.3 Industrial Refrigeration Distributors

9 Research Findings and Conclusion

10 Appendix

• 10.1 Research Methodology
  • 10.1.1 Methodology/Research Approach
    • 10.1.1.1 Research Programs/Design
    • 10.1.1.2 Market Size Estimation
    • 10.1.1.3 Market Breakdown and Data Triangulation
  • 10.1.2 Data Source
    • 10.1.2.1 Secondary Sources
    • 10.1.2.2 Primary Sources
• 10.2 Author Details
• 10.3 Disclaimer