Industrial Refrigeration Market - Top Companies and Manufacturers

Top Featured Companies Dominating the Global Industrial Refrigeration Market

Johnson Controls
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis

Emerson Electric Co.
GEA Group Aktiengesellschaft
Danfoss A/S
Mayekawa Group of Companies
Daikin Industries, Ltd.
BITZER Kühlmaschinenbau GmbH
EVAPCO Inc.
Guntner GmbH & Co. KG
LU-VE S.p.A

Browse Key Market Insights with Data Illustration:

Industrial Refrigeration Market Size & Share, Growth Trends 2036

In the News

Johnson Controls has successfully acquired Hybrid Energy AS, a provider of high-temperature energy management solutions that focuses on heat pumps for district heating and industrial processes. The acquisition allows the company to bring new innovative solutions for consumers while addressing de-carbonization and sustainability.
Emerson Electric Co. has decided to donate its unique and sustainable refrigeration architecture that was developed at its Helix Innovation Center in Dayton, Ohio, to the city’s Gem City Market. This will ensure the delivery of safe, high-quality food to the consumers.

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of industrial refrigeration is assessed at USD 22.95 Billion.

The industrial refrigeration market size was valued at USD 20.86 Billion in 2023 and is likely to reach USD 38.85 Billion by the end of 2036, expanding at around 4.9% CAGR during the forecast period i.e., between 2024-2036. The increasing food wastage across the globe along with the escalation in the demand for effective storage solutions is anticipated to drive market growth.

North America region is set to hold 35% revenue share by 2036, backed by the rising government initiatives such as the Significant New Alternatives Policy and American Innovation and Manufacturing Act encourage food manufacturers to use natural industrial refrigerant solutions to avoid food wastage.

Johnson ControlsEmerson Electric Co.GEA Group AktiengesellschaftDanfoss A/SMayekawa Group of CompaniesDaikin Industries, Ltd.BITZER Kühlmaschinenbau GmbHEVAPCO Inc.Guntner GmbH & Co. KGLU-VE S.p.A

Industrial Refrigeration Market - Top Companies and Manufacturers

Top Featured Companies Dominating the Global Industrial Refrigeration Market

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

What is the size of the industrial refrigeration market?

Why is the industrial refrigeration sector gaining traction in near future?

Which region accounted for the largest industrial refrigeration industry share?

Who are the major industrial refrigeration players?