Global Commercial Refrigeration Equipment Market Size & Outlook
Global commercial refrigeration equipment market, 2018-2030 (US$M)
Related Markets
Global commercial refrigeration equipment market highlights
- The global commercial refrigeration equipment market generated a revenue of USD 40,822.0 million in 2023 and is expected to reach USD 58,313.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 5.2% by 2030.
- In terms of segment, refrigerators & freezers accounted for a revenue of USD 10,142.0 million in 2023.
- Beverage Refrigeration is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 40,822.0 million |
| Market revenue in 2030 | USD 58,313.0 million |
| Growth rate | 5.2% (CAGR from 2023 to 2030) |
| Largest segment | Refrigerators & freezers |
| Fastest growing segment | Beverage Refrigeration |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Transportation Refrigeration Equipment, Refrigerators & Freezers, Beverage Refrigeration, Display Showcases, Ice Merchandisers & Ice Vending Equipment, Other Equipment |
Other key industry trends
- In terms of revenue, the North America accounted for 32.0% of the global commercial refrigeration equipment market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 14,379.1 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Commercial Refrigeration Equipment Market Scope
Commercial Refrigeration Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global commercial refrigeration equipment market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to commercial refrigeration equipment market will help companies and investors design strategic landscapes.
Refrigerators & freezers was the largest segment with a revenue share of 24.84% in 2023. Horizon Databook has segmented the Global commercial refrigeration equipment market based on transportation refrigeration equipment, refrigerators & freezers, beverage refrigeration, display showcases, ice merchandisers & ice vending equipment, other equipment covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Commercial Refrigeration Equipment Product Outlook (Revenue, USD Million, 2018-2030)
- Transportation Refrigeration Equipment
- Refrigerators & Freezers
- Beverage Refrigeration
- Display Showcases
- Ice Merchandisers & Ice Vending Equipment
- Other Equipment
- Global Commercial Refrigeration Equipment Application Outlook (Revenue, USD Million, 2018-2030)
- Food Service
- Food & Beverage Retail
- Hypermarkets
- Supermarkets
- Convenience store
- Speciality food store
- Others (Grocery Stores, Pharmaceutical Shops and Retail Stores)
- Food & Beverage Distribution
- Food & Beverage Production
- Others
- Global Commercial Refrigeration Equipment System Type Outlook (Revenue, USD Million, 2018-2030)
- Self-Contained
- Remotely Operated
- Global Commercial Refrigeration Equipment Capacity Outlook (Revenue, USD Million, 2018-2030)
- Less than 50 cu. Ft.
- 51 cu. Ft - 100 cu. Ft.
- More than 100 cu. Ft
Reasons to subscribe to Global commercial refrigeration equipment market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global commercial refrigeration equipment market databook
-
Our clientele includes a mix of commercial refrigeration equipment market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global commercial refrigeration equipment market , including forecasts for subscribers. This global databook contains high-level insights into Global commercial refrigeration equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global commercial refrigeration equipment market size, by regions, 2018-2030 (US$M)
Top 10 countries: Commercial refrigeration equipment market size, 2023 (US$M)
Global commercial refrigeration equipment market share, by product, 2023 & 2030 (%, US$M)
Commercial refrigeration equipment market: Opportunity assessment by country
Global commercial refrigeration equipment market, by region, 2023 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
