Industrial refrigeration equipment refers to machines and systems used for industrial refrigeration application, which generally include refrigeration compressor, evaporator unit, industrial rack, heat exchanger and etc.
In the coming years there is forecasted to be stable demand scale for industrial refrigeration equipment in emerging market that is expected to drive the industry development of industrial refrigeration equipment.
Globally, the industrial refrigeration equipment industry market is not that concentrated as the manufacturing technology of industrial refrigeration equipment is mature and is related to lots of equipment. And some enterprises, like Ingersoll Rand, Johnson Controls and Daikin are well-known for the performance of their industrial refrigeration equipment and related services. At the same time, Europe, occupied 25.17% revenue market share in 2016, is remarkable in the global Industrial Refrigeration Equipment industry because of their market share and technology status.
The consumption volume of industrial refrigeration equipment is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of industrial refrigeration equipment industry may not keep that fast. But it is surely forecasted that the market of industrial refrigeration equipment is promising.
The impact on the cost and availability of raw materials and certain components is uncertain due to potential supply changes. The costs of raw materials have a significant impact on the level of expenses. If the prices of raw materials and related factors such as energy prices increase, and if new companies cannot pass those price increases on to customers, their results of operations and financial condition would suffer.
The Industrial Refrigeration Equipments market was valued at 18200 Million US$ in 2018 and is projected to reach 28600 Million US$ by 2025, at a CAGR of 5.8% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Industrial Refrigeration Equipments.
This report presents the worldwide Industrial Refrigeration Equipments market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Ingersoll Rand
Johnson Controls
Daikin
United Technologies Corporation
Danfoss
GEA Group
Emerson
Mayekawa
BITZER
Lennox International
Yantai Moon
Evapco
Shanghai Reindustry
LU-VE Group
Star Refrigeration
Industrial Refrigeration Equipments Breakdown Data by Type
Refrigeration Compressor
Evaporators Unit
Industrial Rack
Heat Exchanger
Others
Industrial Refrigeration Equipments Breakdown Data by Application
Food & Beverage Production
Chemicals & Pharmaceuticals
Energy Industry
Logistics Industry
Others
Industrial Refrigeration Equipments Production by Region
United States
Europe
China
Japan
Other Regions
Industrial Refrigeration Equipments Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Industrial Refrigeration Equipments status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Industrial Refrigeration Equipments manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Industrial Refrigeration Equipments :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Industrial Refrigeration Equipments market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Industrial Refrigeration Equipments . Industry analysis & Market Report on Industrial Refrigeration Equipments is a syndicated market report, published as Global Industrial Refrigeration Equipments Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Industrial Refrigeration Equipments market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.