유럽 산업용 냉동 장비 시장 시장 : 지역 분석 - 유형별, 냉매 유형별, 용도별 예측(-2030년)

The Europe industrial refrigeration equipment market is expected to grow from US$ 4,145.61 million in 2022 to US$ 7,177.02 million by 2030. It is estimated to grow at a CAGR of 7.1% from 2022 to 2030.

Growing Inclination Towards Eco-friendly Refrigerant-based Refrigeration System Fuels Europe Industrial Refrigeration Equipment Market

The growing importance of eco-friendly practices and sustainability is increasing the demand for refrigeration systems that use environmentally friendly refrigerants. This shift in end-user preferences drives the market players to develop and offer more energy-efficient and environmentally conscious solutions. There is a rise in environmental concerns and regulations aimed at reducing the impact of traditional refrigerants, such as hydrofluorocarbons (HFCs), on the ozone layer and climate. As regulations and awareness about climate change continue to become more stringent, businesses are adopting these systems to align with greener practices and reduce their carbon footprint. Hence, the adoption of natural refrigerants, such as hydrocarbons (propane and isobutane) and ammonia, is increasing across the globe. These substances have substantially lower Global Warming Potential (GWP) than HFCs. Industries are increasingly transitioning to these alternatives to adhere to environmental regulations and minimize their carbon footprint.

Moreover, many companies are investing in innovative technologies that utilize these eco-friendly refrigerants. For instance, CO2-based refrigeration systems, known as transcritical CO2 systems, are widely deployed in supermarkets and cold storage facilities. These systems use CO2 as a refrigerant, which has an extremely low GWP and zero ozone depletion potential. By implementing such systems, businesses can showcase their commitment to sustainability while benefiting from reduced energy consumption and operating costs.

Europe Industrial Refrigeration Equipment Market Overview

The European Federation of Pharmaceutical Industries and Associations estimated that companies in the EU, Norway, Switzerland, and the UK spent US$ 49.07 billion on R&D in 2021 compared to US$ 45.25 billion in 2020. The European pharmaceutical and process industries are responsible for developing products that simplify and improve human life, from manufacturing medicines to producing materials and chemicals. To do this, high-efficiency cooling, reliable, and heating systems are essential. In the pharmaceutical industry, refrigeration systems operate simultaneously for cooling, freezing, heat pumps, process and production, heating, hot water, and combinations. Various players are expanding their business in Europe in the pharmaceutical industry. In November 2022, Envirotainer, one of the market leaders in secure cold chain solutions for the shipment of pharmaceuticals, extensively expanded its production site in Rosersberg, Sweden.

The food & beverages industry in Europe is also growing significantly. Preserving the quality of food, beverages, juices, and ciders is important. Thus, various companies in Europe are introducing new refrigeration systems. In December 2020, Daikin expanded the availability of its transport refrigeration solutions (Zanotti) into the main Northern European markets of France, Belgium, the Netherlands, and Germany. In 2016, Italian manufacturer Zanotti was acquired by Daikin. The company has decades of experience in industrial and commercial refrigeration and transporting fresh and frozen products. With the increasing pharmaceutical and food & beverages industries, the deployment of refrigeration systems is increasing. Hence, the demand for industrial refrigeration equipment in Europe is increasing.

Europe Industrial Refrigeration Equipment Market Revenue and Forecast to 2030 (US$ Million)

Europe Industrial Refrigeration Equipment Market Segmentation

The Europe industrial refrigeration equipment market is segmented into type, refrigerant type, application, and country.

Based on type, the Europe industrial refrigeration equipment market is segmented into mechanical-compression refrigeration systems, evaporative cooling, absorption, thermoelectric. The mechanical-compression refrigeration systems segment registered the largest Europe industrial refrigeration equipment market share in 2022.

Based on refrigerant type, the Europe industrial refrigeration equipment market is segmented into ammonia - R717, carbon dioxide (CO2) - R744, and hydrocarbons - HCs. The ammonia - R717 segment held the largest Europe industrial refrigeration equipment market share in 2022.

Based on application, the Europe industrial refrigeration equipment market is segmented into food and beverages, pharmaceutical, chemical and petrochemical, district cooling, data centres, electricity production, and others. The food and beverages segment held the largest Europe industrial refrigeration equipment market share in 2022.

Based on country, the Europe industrial refrigeration equipment market has been categorized into the UK, Germany, France, Italy, Russia, Norway, Austria, and the Rest of Europe. The UK dominated the Europe industrial refrigeration equipment market in 2022.

Samifi France SAS, Johnson Controls International Plc, Jean Paumier et Fils Ets, Danfoss AS, Honeywell International Inc, Copeland LP, Evapco Inc, BITZER Kuhlmaschinenbau GmbH, and Carrier Global Corp. are some of the leading companies operating in the industrial refrigeration equipment market in the region.

Table Of Contents

1. Introduction

• 1.1 The Insight Partners Research Report Guidance
• 1.2 Market Segmentation

2. Executive Summary

• 2.1 Key Insights
• 2.2 Market Attractiveness

3. Research Methodology

• 3.1 Coverage
• 3.2 Secondary Research
• 3.3 Primary Research

4. Europe Industrial Refrigeration Equipment Market Landscape

• 4.1 Overview
• 4.2 PEST Analysis
• 4.3 Ecosystem Analysis

5. Europe Industrial Refrigeration Equipment Market - Key Industry Dynamics

• 5.1 Europe Industrial Refrigeration Equipment Market - Key Industry Dynamics
• 5.2 Market Drivers
  • 5.2.1 Increasing Demand for Cold Chain Infrastructure
  • 5.2.2 Growing Inclination Towards Eco-friendly Refrigerant-based Refrigeration System
  • 5.2.3 Growing Pharma Industry
• 5.3 Market Restraints
  • 5.3.1 High Initial Investment
  • 5.3.2 Stricter Regulations Regarding Use of Refrigerants
• 5.4 Market Opportunities
  • 5.4.1 Growing Popularity of CO2 and NH3-based Systems
• 5.5 Future Trends
  • 5.5.1 Smart and Connected Refrigeration Systems
• 5.6 Impact of Drivers and Restraints:

6. Industrial Refrigeration Equipment Market - Europe Market Analysis

• 6.1 Europe Industrial Refrigeration Equipment Market Revenue (US$ Million), 2022 - 2030
• 6.2 Europe Industrial Refrigeration Equipment Market Forecast and Analysis

7. Europe Industrial Refrigeration Equipment Market Analysis - Type

• 7.1 Mechanical-Compression Refrigeration Systems
  • 7.1.1 Overview
  • 7.1.2 Mechanical-Compression : Europe Industrial Refrigeration Equipment Market, Revenue and Forecast to 2030 (US$ Million)
• 7.2 Evaporative Cooling
  • 7.2.1 Overview
  • 7.2.2 Evaporative Cooling : Europe Industrial Refrigeration Equipment Market, Revenue and Forecast to 2030 (US$ Million)
• 7.3 Absorption
  • 7.3.1 Overview
  • 7.3.2 Absorption : Europe Industrial Refrigeration Equipment Market Revenue and Forecast to 2030 (US$ Million)
• 7.4 Thermoelectric
  • 7.4.1 Overview
  • 7.4.2 Thermoelectric : Europe Industrial Refrigeration Equipment Market Revenue and Forecast to 2030 (US$ Million)

8. Europe Industrial Refrigeration Equipment Market Analysis - Refrigerant Type

• 8.1 Ammonia - R717
  • 8.1.1 Overview
  • 8.1.2 Ammonia - R717 : Europe Industrial Refrigeration Equipment Market Revenue, and Forecast to 2030 (US$ Million)
• 8.2 Carbon dioxide (CO2) - R744
  • 8.2.1 Overview
  • 8.2.2 Carbon dioxide (CO2) - R744 : Europe Industrial Refrigeration Equipment Market Revenue, and Forecast to 2030 (US$ Million)
• 8.3 Hydrocarbons - HCs
  • 8.3.1 Overview
  • 8.3.2 Hydrocarbons - HCs : Europe Industrial Refrigeration Equipment Market Revenue, and Forecast to 2030 (US$ Million)

9. Europe Industrial Refrigeration Equipment Market Analysis - Application

• 9.1 Food and Beverages
  • 9.1.1 Overview
  • 9.1.2 Food and Beverages : Europe Industrial Refrigeration Equipment Market Revenue, and Forecast to 2030 (US$ Million)
• 9.2 Pharmaceutical
  • 9.2.1 Overview
  • 9.2.2 Pharmaceutical : Europe Industrial Refrigeration Equipment Market Revenue, and Forecast to 2030 (US$ Million)
• 9.3 Chemical and Petrochemical
  • 9.3.1 Overview
  • 9.3.2 Chemical and Petrochemical : Europe Industrial Refrigeration Equipment Market Revenue, and Forecast to 2030 (US$ Million)
• 9.4 District Cooling
  • 9.4.1 Overview
  • 9.4.2 District Cooling : Europe Industrial Refrigeration Equipment Market Revenue, and Forecast to 2030 (US$ Million)
• 9.5 Data Centers
  • 9.5.1 Overview
  • 9.5.2 Data Centers : Europe Industrial Refrigeration Equipment Market Revenue, and Forecast to 2030 (US$ Million)
• 9.6 Electricity Production
  • 9.6.1 Overview
  • 9.6.2 Electricity Production : Europe Industrial Refrigeration Equipment Market Revenue, and Forecast to 2030 (US$ Million)
• 9.7 Others
  • 9.7.1 Overview
  • 9.7.2 Others : Europe Industrial Refrigeration Equipment Market Revenue, and Forecast to 2030 (US$ Million)

10. Europe Industrial Refrigeration Equipment Market - Country Analysis

• 10.1 Europe
  • 10.1.1 Europe Industrial Refrigeration Equipment Market Overview
  • 10.1.2 Europe Industrial Refrigeration Equipment Market Revenue and Forecasts and Analysis - By Country
    • 10.1.2.1 Europe Industrial Refrigeration Equipment Market Revenue and Forecasts and Analysis - By Country
    • 10.1.2.2 UK Industrial Refrigeration Equipment Market Revenue and Forecasts to 2030 (US$ Mn)
      • 10.1.2.2.1 UK Industrial Refrigeration Equipment Market Breakdown by Type
      • 10.1.2.2.2 UK Industrial Refrigeration Equipment Market Breakdown by Refrigerant Type
      • 10.1.2.2.3 UK Industrial Refrigeration Equipment Market Breakdown by Application
    • 10.1.2.3 Germany Industrial Refrigeration Equipment Market Revenue and Forecasts to 2030 (US$ Mn)
      • 10.1.2.3.1 Germany Industrial Refrigeration Equipment Market Breakdown by Type
      • 10.1.2.3.2 Germany Industrial Refrigeration Equipment Market Breakdown by Refrigerant Type
      • 10.1.2.3.3 Germany Industrial Refrigeration Equipment Market Breakdown by Application
    • 10.1.2.4 France Industrial Refrigeration Equipment Market Revenue and Forecasts to 2030 (US$ Mn)
      • 10.1.2.4.1 France Industrial Refrigeration Equipment Market Breakdown by Type
      • 10.1.2.4.2 France Industrial Refrigeration Equipment Market Breakdown by Refrigerant Type
      • 10.1.2.4.3 France Industrial Refrigeration Equipment Market Breakdown by Application
    • 10.1.2.5 Italy Industrial Refrigeration Equipment Market Revenue and Forecasts to 2030 (US$ Mn)
      • 10.1.2.5.1 Italy Industrial Refrigeration Equipment Market Breakdown by Type
      • 10.1.2.5.2 Italy Industrial Refrigeration Equipment Market Breakdown by Refrigerant Type
      • 10.1.2.5.3 Italy Industrial Refrigeration Equipment Market Breakdown by Application
    • 10.1.2.6 Russia Industrial Refrigeration Equipment Market Revenue and Forecasts to 2030 (US$ Mn)
      • 10.1.2.6.1 Russia Industrial Refrigeration Equipment Market Breakdown by Type
      • 10.1.2.6.2 Russia Industrial Refrigeration Equipment Market Breakdown by Refrigerant Type
      • 10.1.2.6.3 Russia Industrial Refrigeration Equipment Market Breakdown by Application
    • 10.1.2.7 Norway Industrial Refrigeration Equipment Market Revenue and Forecasts to 2030 (US$ Mn)
      • 10.1.2.7.1 Norway Industrial Refrigeration Equipment Market Breakdown by Type
      • 10.1.2.7.2 Norway Industrial Refrigeration Equipment Market Breakdown by Refrigerant Type
      • 10.1.2.7.3 Norway Industrial Refrigeration Equipment Market Breakdown by Application
    • 10.1.2.8 Austria Industrial Refrigeration Equipment Market Revenue and Forecasts to 2030 (US$ Mn)
      • 10.1.2.8.1 Austria Industrial Refrigeration Equipment Market Breakdown by Type
      • 10.1.2.8.2 Austria Industrial Refrigeration Equipment Market Breakdown by Refrigerant Type
      • 10.1.2.8.3 Austria Industrial Refrigeration Equipment Market Breakdown by Application
    • 10.1.2.9 Rest of Europe Industrial Refrigeration Equipment Market Revenue and Forecasts to 2030 (US$ Mn)
      • 10.1.2.9.1 Rest of Europe Industrial Refrigeration Equipment Market Breakdown by Type
      • 10.1.2.9.2 Rest of Europe Industrial Refrigeration Equipment Market Breakdown by Refrigerant Type
      • 10.1.2.9.3 Rest of Europe Industrial Refrigeration Equipment Market Breakdown by Application

11. Competitive Landscape

• 11.1 Heat Map Analysis by Key Players

12. Industry Landscape

• 12.1 Overview
• 12.2 Market Initiative
• 12.3 New Product Development
• 12.4 Merger and Acquisition

13. Company Profiles

• 13.1 Enex Technologies
  • 13.1.1 Key Facts
  • 13.1.2 Business Description
  • 13.1.3 Products and Services
  • 13.1.4 Financial Overview
  • 13.1.5 SWOT Analysis
  • 13.1.6 Key Developments
• 13.2 Johnson Controls International Plc
  • 13.2.1 Key Facts
  • 13.2.2 Business Description
  • 13.2.3 Products and Services
  • 13.2.4 Financial Overview
  • 13.2.5 SWOT Analysis
  • 13.2.6 Key Developments
• 13.3 Jean Paumier et Fils Ets
  • 13.3.1 Key Facts
  • 13.3.2 Business Description
  • 13.3.3 Products and Services
  • 13.3.4 Financial Overview
  • 13.3.5 SWOT Analysis
  • 13.3.6 Key Developments
• 13.4 Danfoss AS
  • 13.4.1 Key Facts
  • 13.4.2 Business Description
  • 13.4.3 Products and Services
  • 13.4.4 Financial Overview
  • 13.4.5 SWOT Analysis
  • 13.4.6 Key Developments
• 13.5 Honeywell International Inc
  • 13.5.1 Key Facts
  • 13.5.2 Business Description
  • 13.5.3 Products and Services
  • 13.5.4 Financial Overview
  • 13.5.5 SWOT Analysis
  • 13.5.6 Key Developments
• 13.6 Copeland LP
  • 13.6.1 Key Facts
  • 13.6.2 Business Description
  • 13.6.3 Products and Services
  • 13.6.4 Financial Overview
  • 13.6.5 SWOT Analysis
  • 13.6.6 Key Developments
• 13.7 Evapco Inc
  • 13.7.1 Key Facts
  • 13.7.2 Business Description
  • 13.7.3 Products and Services
  • 13.7.4 Financial Overview
  • 13.7.5 SWOT Analysis
  • 13.7.6 Key Developments
• 13.8 BITZER Kuhlmaschinenbau GmbH
  • 13.8.1 Key Facts
  • 13.8.2 Business Description
  • 13.8.3 Products and Services
  • 13.8.4 Financial Overview
  • 13.8.5 SWOT Analysis
  • 13.8.6 Key Developments
• 13.9 Carrier Global Corp
  • 13.9.1 Key Facts
  • 13.9.2 Business Description
  • 13.9.3 Products and Services
  • 13.9.4 Financial Overview
  • 13.9.5 SWOT Analysis
  • 13.9.6 Key Developments

14. Appendix

• 14.1 About the Insight Partners
• 14.2 Word Index