Asia Pacific Industrial Refrigeration Systems Market Size & Outlook
Asia Pacific industrial refrigeration systems market, 2018-2030 (US$M)
Related Markets
Asia Pacific industrial refrigeration systems market highlights
- The Asia Pacific industrial refrigeration systems market generated a revenue of USD 6,581.2 million in 2023.
- The market is expected to grow at a CAGR of 6% from 2024 to 2030.
- In terms of segment, compressors was the largest revenue generating component in 2023.
- Compressors is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 6,581.2 million |
| Market revenue in 2030 | USD 9,886.9 million |
| Growth rate | 6% (CAGR from 2023 to 2030) |
| Largest segment | Compressors |
| Fastest growing segment | Compressors |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Compressors, Condensers, Evaporators, Controls |
| Key market players worldwide | Johnson Controls International PLC, Emerson Electric Co, Danfoss A/S, GEA Group AG, Daikin Industries Ltd, DuPont de Nemours Inc |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 32.1% of the global industrial refrigeration systems market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 9,886.9 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
Industrial Refrigeration Systems Market Scope
Industrial Refrigeration Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific industrial refrigeration systems 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 industrial refrigeration systems market will help companies and investors design strategic landscapes.
Compressors was the largest segment with a revenue share of 21.73% in 2023. Horizon Databook has segmented the Asia Pacific industrial refrigeration systems market based on compressors, condensers, evaporators, controls covering the revenue growth of each sub-segment from 2018 to 2030.
Reasons to subscribe to Asia Pacific industrial refrigeration systems 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 Asia Pacific industrial refrigeration systems market databook
-
Our clientele includes a mix of industrial refrigeration systems 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 continent-level data and insights on the Asia Pacific industrial refrigeration systems market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific industrial refrigeration systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific industrial refrigeration systems market size, by country, 2018-2030 (US$M)
Asia Pacific Industrial Refrigeration Systems Market Outlook Share, 2023 & 2030 (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
