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Among the components, the compressors sub-segment is expected to hold a considerable share of the global industrial refrigeration systemsmarket. The segmental growth is attributed to the growing influence of technological advancement in the industrial refrigeration compressors. Refrigerators with advanced adaptive compressors use electronic controls and variable speed compressors which operate smoothly and, on average, at a lower level over time to maintain the ideal temperature.There are different types of compressors for refrigeration applications. Reciprocating, rotary, and centrifugal compressors are the most common among refrigeration units. Many industries use the screw compressor owing to ease of maintenance, overall economy and simplicity. In October 2022, GEA introduced the GEA G-Plex – an electronic module delivering automatic, built-in, optimal volume ratio and performance monitoring of the company’s screw compressors in industrial refrigeration & heating equipment applications. Such launches are further contributing to the market growth.
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- Market Coverage
- Market number available for – 2025-2031
- Base year- 2025
- Forecast period- 2025-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Industrial Refrigeration Systems Market by Component
- Compressors
- Condensers
- Evaporators
- Controls
- Others (Capillary tube, Condensers coils)
Global Industrial Refrigeration Systems Market by Capacity
- Less than 100kW
- 100-500kW
- 500-1000kW
- 1000-5000kW
- More than 5000kW
Global Industrial Refrigeration Systems Market by Application
- Refrigerated Warehouse
- Food & Beverage
- Chemical Petrochemical & Pharmaceuticals
- Refrigerated Transportation
Regional Analysis
- North America
- United States
- copyright
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- BITZER Kühlmaschinenbau GmbH
- Danfoss
- Dover Corp.
- EVAPCO, Inc.
- GEA Group AG
- Guntner GmbH & Co. KG
- Industrial Frigo S.R.L
- Ingersoll Rand Plc.
- Innovative Refrigeration Systems
- Lennox International Inc.
- LU-VE S.p.A
- Mayekawa Mfg. Co., Ltd.
- Parker Hannifin Corp.
- Star Refrigeration Ltd.
- United Technologies Corp.
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global industrial refrigeration systems market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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