Learn about the global commercial refrigeration equipment market through The Business Research Company, which provides information on commercial refrigeration equipment market size, commercial refrigeration equipment market drivers and restraints, commercial refrigeration equipment market players, the COVID-19 impact on the commercial refrigeration equipment market, and more.

The global commercial refrigeration equipment market size is expected to grow from $56.03 billion in 2021 to $59.74 billion in 2022 at a compound annual growth rate (CAGR) of 6.6%. The global commercial refrigeration equipment market size is expected to grow to $79.1 billion in 2026 at a compound annual growth rate (CAGR) of 7.3%.

The increasing demand for frozen & chilled products from consumers is anticipated to drive the commercial refrigeration market.

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The commercial refrigeration equipment market consists of sales of commercial refrigeration equipment by entities (organizations, sole traders, and partnerships) that produce commercial refrigeration equipment such as refrigerators and freezers used in supermarkets, convenience stores, restaurants, and commercial kitchens.

Global Commercial Refrigeration Equipment Market Segments Include:

By Product Type: Refrigerator & Freezer, Transportation Refrigeration, Refrigerated Display Cases, Beverage Refrigeration, Ice Cream Merchandiser, Refrigerated Vending Machine

By Refrigerant Type: Fluorocarbons, Hydrocarbons, Inorganics

By Application: Hotels & Restaurants, Supermarkets & Hypermarkets, Convenience Stores, Bakery

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, The Asia Pacific was the largest region in the global commercial refrigeration equipment market in 2021.

Companies are concentrating on incorporating the latest technologies such as artificial intelligence, 5G, and machine learning into commercial refrigeration equipment for decreasing electrical consumption, improved preventive maintenance, and better customer experience.

TBRC’s commercial refrigeration equipment market report covers:

Major Market Players: Dover Corporation, Daikin Industries Ltd, Carrier Commercial Refrigeration Inc, Johnson Control Inc, Haier Group Corp, Danfoss, and Emerson Electric Company.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Commercial Refrigeration Equipment Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides commercial refrigeration equipment market overviews, analyzes and forecasts market size, share, commercial refrigeration equipment market players, commercial refrigeration equipment market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s commercial refrigeration equipment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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