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Commercial Refrigeration Equipment - Global Market Trajectory & Analytics

  • ID: 5030074
  • Report
  • July 2020
  • Region: Global
  • 188 pages
  • Global Industry Analysts, Inc
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Global Commercial Refrigeration Equipment Market to Reach US$39.9 Billion by the Year 2027

Amid the COVID-19 crisis, the global market for Commercial Refrigeration Equipment estimated at US$31.4 Billion in the year 2020, is projected to reach a revised size of US$39.9 Billion by 2027, growing at a CAGR of 3.5% over the analysis period 2020-2027.Transportation Refrigeration Equipment, one of the segments analyzed in the report, is projected to grow at a 4.2% CAGR to reach US$11.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Beverage Refrigerators segment is readjusted to a revised 3.2% CAGR for the next 7-year period. This segment currently accounts for a 29.7% share of the global Commercial Refrigeration Equipment market.

The U. S. Accounts for Over 27% of Global Market Size in 2020, While China is Forecast to Grow at a 6.4% CAGR for the Period of 2020-2027

The Commercial Refrigeration Equipment market in the U. S. is estimated at US$8.5 Billion in the year 2020. The country currently accounts for a 26.99% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$8.4 Billion in the year 2027 trailing a CAGR of 6.4% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1% and 2.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.7% CAGR while Rest of European market (as defined in the study) will reach US$8.4 Billion by the year 2027.

Freezer & Refrigerator Segment Corners a 18.9% Share in 2020

In the global Freezer & Refrigerator segment, USA, Canada, Japan, China and Europe will drive the 3.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$4.5 Billion in the year 2020 will reach a projected size of US$5.6 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$5.6 Billion by the year 2027, while Latin America will expand at a 4.5% CAGR through the analysis period. The publisher brings years of research experience to this 7th edition of our report. The 188-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others
  • Beverage-Air Corporation
  • Daikin Industries Ltd.
  • Danfoss A/S
  • Dover Corporation
  • Electrolux AB
  • GE Appliances
  • Hussmann Corporation
  • Illinois Tool Works, Inc.
  • Ingersoll-Rand PLC
  • Metalfrio Solutions SA
  • United Technologies Corporation -
  • Whirlpool Corporation

The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
Note: Product cover images may vary from those shown
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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Global Competitor Market Shares

Commercial Refrigeration Equipment Competitor Market Share Scenario Worldwide (in %): 2019 & 2025

Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

TABLE 1: Commercial Refrigeration Equipment Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 2: Commercial Refrigeration Equipment Global Retrospective Market Scenario in US$ Million by Region/Country: 2012-2019
TABLE 3: Commercial Refrigeration Equipment Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027
TABLE 4: Transportation Refrigeration Equipment (Segment) World Market by Region/Country in US$ Million: 2020 to 2027
TABLE 5: Transportation Refrigeration Equipment (Segment) Historic Market Analysis by Region/Country in US$ Million: 2012 to 2019
TABLE 6: Transportation Refrigeration Equipment (Segment) Market Share Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027
TABLE 7: Beverage Refrigerators (Segment) Potential Growth Markets Worldwide in US$ Million: 2020 to 2027
TABLE 8: Beverage Refrigerators (Segment) Historic Market Perspective by Region/Country in US$ Million: 2012 to 2019
TABLE 9: Beverage Refrigerators (Segment) Market Sales Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027
TABLE 10: Freezer & Refrigerator (Segment) Geographic Market Spread Worldwide in US$ Million: 2020 to 2027
TABLE 11: Freezer & Refrigerator (Segment) Region Wise Breakdown of Global Historic Demand in US$ Million: 2012 to 2019
TABLE 12: Freezer & Refrigerator (Segment) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027
TABLE 13: Refrigerated Display Cases (Segment) World Market Estimates and Forecasts by Region/Country in US$ Million: 2020 to 2027
TABLE 14: Refrigerated Display Cases (Segment) Market Historic Review by Region/Country in US$ Million: 2012 to 2019
TABLE 15: Refrigerated Display Cases (Segment) Market Share Breakdown by Region/Country: 2012 VS 2020 VS 2027
TABLE 16: Ice Machine (Segment) World Market by Region/Country in US$ Million: 2020 to 2027
TABLE 17: Ice Machine (Segment) Historic Market Analysis by Region/Country in US$ Million: 2012 to 2019
TABLE 18: Ice Machine (Segment) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027
TABLE 19: Refrigerated Vending Machine (Segment) World Market Estimates and Forecasts in US$ Million by Region/Country: 2020 to 2027
TABLE 20: Refrigerated Vending Machine (Segment) Market Worldwide Historic Review by Region/Country in US$ Million: 2012 to 2019
TABLE 21: Refrigerated Vending Machine (Segment) Market Percentage Share Distribution by Region/Country: 2012 VS 2020 VS 2027

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

Market Facts & Figures

US Commercial Refrigeration Equipment Market Share (in %) by Company: 2019 & 2025

Market Analytics
TABLE 22: United States Commercial Refrigeration Equipment Market Estimates and Projections in US$ Million by Segment: 2020 to 2027
TABLE 23: Commercial Refrigeration Equipment Market in the United States by Segment: A Historic Review in US$ Million for 2012-2019
TABLE 24: United States Commercial Refrigeration Equipment Market Share Breakdown by Segment: 2012 VS 2020 VS 2027

CANADA

TABLE 25: Canadian Commercial Refrigeration Equipment Market Estimates and Forecasts in US$ Million by Segment: 2020 to 2027
TABLE 26: Canadian Commercial Refrigeration Equipment Historic Market Review by Segment in US$ Million: 2012-2019
TABLE 27: Commercial Refrigeration Equipment Market in Canada: Percentage Share Breakdown of Sales by Segment for 2012, 2020, and 2027

JAPAN

TABLE 28: Japanese Market for Commercial Refrigeration Equipment: Annual Sales Estimates and Projections in US$ Million by Segment for the Period 2020-2027
TABLE 29: Commercial Refrigeration Equipment Market in Japan: Historic Sales Analysis in US$ Million by Segment for the Period 2012-2019
TABLE 30: Japanese Commercial Refrigeration Equipment Market Share Analysis by Segment: 2012 VS 2020 VS 2027

CHINA

TABLE 31: Chinese Commercial Refrigeration Equipment Market Growth Prospects in US$ Million by Segment for the Period 2020-2027
TABLE 32: Commercial Refrigeration Equipment Historic Market Analysis in China in US$ Million by Segment: 2012-2019
TABLE 33: Chinese Commercial Refrigeration Equipment Market by Segment: Percentage Breakdown of Sales for 2012, 2020, and 2027

EUROPE

Market Facts & Figures

European Commercial Refrigeration Equipment Market: Competitor Market Share Scenario (in %) for 2019 & 2025

Market Analytics
TABLE 34: European Commercial Refrigeration Equipment Market Demand Scenario in US$ Million by Region/Country: 2020-2027
TABLE 35: Commercial Refrigeration Equipment Market in Europe: A Historic Market Perspective in US$ Million by Region/Country for the Period 2012-2019
TABLE 36: European Commercial Refrigeration Equipment Market Share Shift by Region/Country: 2012 VS 2020 VS 2027
TABLE 37: European Commercial Refrigeration Equipment Market Estimates and Forecasts in US$ Million by Segment: 2020-2027
TABLE 38: Commercial Refrigeration Equipment Market in Europe in US$ Million by Segment: A Historic Review for the Period 2012-2019
TABLE 39: European Commercial Refrigeration Equipment Market Share Breakdown by Segment: 2012 VS 2020 VS 2027

FRANCE

TABLE 40: Commercial Refrigeration Equipment Market in France by Segment: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 41: French Commercial Refrigeration Equipment Historic Market Scenario in US$ Million by Segment: 2012-2019
TABLE 42: French Commercial Refrigeration Equipment Market Share Analysis by Segment: 2012 VS 2020 VS 2027

GERMANY

TABLE 43: Commercial Refrigeration Equipment Market in Germany: Recent Past, Current and Future Analysis in US$ Million by Segment for the Period 2020-2027
TABLE 44: German Commercial Refrigeration Equipment Historic Market Analysis in US$ Million by Segment: 2012-2019
TABLE 45: German Commercial Refrigeration Equipment Market Share Breakdown by Segment: 2012 VS 2020 VS 2027

ITALY

TABLE 46: Italian Commercial Refrigeration Equipment Market Growth Prospects in US$ Million by Segment for the Period 2020-2027
TABLE 47: Commercial Refrigeration Equipment Historic Market Analysis in Italy in US$ Million by Segment: 2012-2019
TABLE 48: Italian Commercial Refrigeration Equipment Market by Segment: Percentage Breakdown of Sales for 2012, 2020, and 2027

UNITED KINGDOM

TABLE 49: United Kingdom Market for Commercial Refrigeration Equipment: Annual Sales Estimates and Projections in US$ Million by Segment for the Period 2020-2027
TABLE 50: Commercial Refrigeration Equipment Market in the United Kingdom: Historic Sales Analysis in US$ Million by Segment for the Period 2012-2019
TABLE 51: United Kingdom Commercial Refrigeration Equipment Market Share Analysis by Segment: 2012 VS 2020 VS 2027

SPAIN

TABLE 52: Spanish Commercial Refrigeration Equipment Market Estimates and Forecasts in US$ Million by Segment: 2020 to 2027
TABLE 53: Spanish Commercial Refrigeration Equipment Historic Market Review by Segment in US$ Million: 2012-2019
TABLE 54: Commercial Refrigeration Equipment Market in Spain: Percentage Share Breakdown of Sales by Segment for 2012, 2020, and 2027

RUSSIA

TABLE 55: Russian Commercial Refrigeration Equipment Market Estimates and Projections in US$ Million by Segment: 2020 to 2027
TABLE 56: Commercial Refrigeration Equipment Market in Russia by Segment: A Historic Review in US$ Million for 2012-2019
TABLE 57: Russian Commercial Refrigeration Equipment Market Share Breakdown by Segment: 2012 VS 2020 VS 2027

REST OF EUROPE

TABLE 58: Rest of Europe Commercial Refrigeration Equipment Market Estimates and Forecasts in US$ Million by Segment: 2020-2027
TABLE 59: Commercial Refrigeration Equipment Market in Rest of Europe in US$ Million by Segment: A Historic Review for the Period 2012-2019
TABLE 60: Rest of Europe Commercial Refrigeration Equipment Market Share Breakdown by Segment: 2012 VS 2020 VS 2027

ASIA-PACIFIC

TABLE 61: Asia-Pacific Commercial Refrigeration Equipment Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 62: Commercial Refrigeration Equipment Market in Asia-Pacific: Historic Market Analysis in US$ Million by Region/Country for the Period 2012-2019
TABLE 63: Asia-Pacific Commercial Refrigeration Equipment Market Share Analysis by Region/Country: 2012 VS 2020 VS 2027
TABLE 64: Commercial Refrigeration Equipment Market in Asia-Pacific by Segment: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 65: Asia-Pacific Commercial Refrigeration Equipment Historic Market Scenario in US$ Million by Segment: 2012-2019
TABLE 66: Asia-Pacific Commercial Refrigeration Equipment Market Share Analysis by Segment: 2012 VS 2020 VS 2027

AUSTRALIA

TABLE 67: Commercial Refrigeration Equipment Market in Australia: Recent Past, Current and Future Analysis in US$ Million by Segment for the Period 2020-2027
TABLE 68: Australian Commercial Refrigeration Equipment Historic Market Analysis in US$ Million by Segment: 2012-2019
TABLE 69: Australian Commercial Refrigeration Equipment Market Share Breakdown by Segment: 2012 VS 2020 VS 2027

INDIA

TABLE 70: Indian Commercial Refrigeration Equipment Market Estimates and Forecasts in US$ Million by Segment: 2020 to 2027
TABLE 71: Indian Commercial Refrigeration Equipment Historic Market Review by Segment in US$ Million: 2012-2019
TABLE 72: Commercial Refrigeration Equipment Market in India: Percentage Share Breakdown of Sales by Segment for 2012, 2020, and 2027

SOUTH KOREA

TABLE 73: Commercial Refrigeration Equipment Market in South Korea: Recent Past, Current and Future Analysis in US$ Million by Segment for the Period 2020-2027
TABLE 74: South Korean Commercial Refrigeration Equipment Historic Market Analysis in US$ Million by Segment: 2012-2019
TABLE 75: Commercial Refrigeration Equipment Market Share Distribution in South Korea by Segment: 2012 VS 2020 VS 2027

REST OF ASIA-PACIFIC

TABLE 76: Rest of Asia-Pacific Market for Commercial Refrigeration Equipment: Annual Sales Estimates and Projections in US$ Million by Segment for the Period 2020-2027
TABLE 77: Commercial Refrigeration Equipment Market in Rest of Asia-Pacific: Historic Sales Analysis in US$ Million by Segment for the Period 2012-2019
TABLE 78: Rest of Asia-Pacific Commercial Refrigeration Equipment Market Share Analysis by Segment: 2012 VS 2020 VS 2027

LATIN AMERICA

TABLE 79: Latin American Commercial Refrigeration Equipment Market Trends by Region/Country in US$ Million: 2020-2027
TABLE 80: Commercial Refrigeration Equipment Market in Latin America in US$ Million by Region/Country: A Historic Perspective for the Period 2012-2019
TABLE 81: Latin American Commercial Refrigeration Equipment Market Percentage Breakdown of Sales by Region/Country: 2012, 2020, and 2027
TABLE 82: Latin American Commercial Refrigeration Equipment Market Growth Prospects in US$ Million by Segment for the Period 2020-2027
TABLE 83: Commercial Refrigeration Equipment Historic Market Analysis in Latin America in US$ Million by Segment: 2012-2019
TABLE 84: Latin American Commercial Refrigeration Equipment Marketby Segment: Percentage Breakdown of Sales for 2012, 2020, and 2027

ARGENTINA

TABLE 85: Argentinean Commercial Refrigeration Equipment Market Estimates and Forecasts in US$ Million by Segment: 2020-2027
TABLE 86: Commercial Refrigeration Equipment Market in Argentina in US$ Million by Segment: A Historic Review for the Period 2012-2019
TABLE 87: Argentinean Commercial Refrigeration Equipment Market Share Breakdown by Segment: 2012 VS 2020 VS 2027

BRAZIL

TABLE 88: Commercial Refrigeration Equipment Market in Brazil by Segment: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 89: Brazilian Commercial Refrigeration Equipment Historic Market Scenario in US$ Million by Segment: 2012-2019
TABLE 90: Brazilian Commercial Refrigeration Equipment Market Share Analysis by Segment: 2012 VS 2020 VS 2027

MEXICO

TABLE 91: Commercial Refrigeration Equipment Market in Mexico: Recent Past, Current and Future Analysis in US$ Million by Segment for the Period 2020-2027
TABLE 92: Mexican Commercial Refrigeration Equipment Historic Market Analysis in US$ Million by Segment: 2012-2019
TABLE 93: Mexican Commercial Refrigeration Equipment Market Share Breakdown by Segment: 2012 VS 2020 VS 2027

REST OF LATIN AMERICA

TABLE 94: Rest of Latin America Commercial Refrigeration Equipment Market Estimates and Projections in US$ Million by Segment: 2020 to 2027
TABLE 95: Commercial Refrigeration Equipment Market in Rest of Latin America by Segment: A Historic Review in US$ Million for 2012-2019
TABLE 96: Rest of Latin America Commercial Refrigeration Equipment Market Share Breakdown by Segment: 2012 VS 2020 VS 2027

MIDDLE EAST

TABLE 97: The Middle East Commercial Refrigeration Equipment Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 98: Commercial Refrigeration Equipment Market in the Middle East by Region/Country in US$ Million: 2012-2019
TABLE 99: The Middle East Commercial Refrigeration Equipment Market Share Breakdown by Region/Country: 2012, 2020, and 2027
TABLE 100: The Middle East Commercial Refrigeration Equipment Market Estimates and Forecasts in US$ Million by Segment: 2020 to 2027
TABLE 101: The Middle East Commercial Refrigeration Equipment Historic Marketby Segment in US$ Million: 2012-2019
TABLE 102: Commercial Refrigeration Equipment Market in the Middle East: Percentage Share Breakdown of Salesby Segment for 2012,2020, and 2027

IRAN

TABLE 103: Iranian Market for Commercial Refrigeration Equipment: Annual Sales Estimates and Projections in US$ Million by Segment for the Period 2020-2027
TABLE 104: Commercial Refrigeration Equipment Market in Iran: Historic Sales Analysis in US$ Million by Segment for the Period 2012-2019
TABLE 105: Iranian Commercial Refrigeration Equipment Market Share Analysis by Segment: 2012 VS 2020 VS 2027

ISRAEL

TABLE 106: Israeli Commercial Refrigeration Equipment Market Estimates and Forecasts in US$ Million by Segment: 2020-2027
TABLE 107: Commercial Refrigeration Equipment Market in Israel in US$ Million by Segment: A Historic Review for the Period 2012-2019
TABLE 108: Israeli Commercial Refrigeration Equipment Market Share Breakdown by Segment: 2012 VS 2020 VS 2027

SAUDI ARABIA

TABLE 109: Saudi Arabian Commercial Refrigeration Equipment Market Growth Prospects in US$ Million by Segment for the Period 2020-2027
TABLE 110: Commercial Refrigeration Equipment Historic Market Analysis in Saudi Arabia in US$ Million by Segment: 2012-2019
TABLE 111: Saudi Arabian Commercial Refrigeration Equipment Market by Segment: Percentage Breakdown of Sales for 2012, 2020, and 2027

UNITED ARAB EMIRATES

TABLE 112: Commercial Refrigeration Equipment Market in the United Arab Emirates: Recent Past, Current and Future Analysis in US$ Million by Segment for the Period 2020-2027
TABLE 113: United Arab Emirates Commercial Refrigeration Equipment Historic Market Analysis in US$ Million by Segment: 2012-2019
TABLE 114: Commercial Refrigeration Equipment Market Share Distribution in United Arab Emirates by Segment: 2012 VS 2020 VS 2027

REST OF MIDDLE EAST

TABLE 115: Commercial Refrigeration Equipment Market in Rest of Middle East: Recent Past, Current and Future Analysis in US$ Million by Segment for the Period 2020-2027
TABLE 116: Rest of Middle East Commercial Refrigeration Equipment Historic Market Analysis in US$ Million by Segment: 2012-2019
TABLE 117: Rest of Middle East Commercial Refrigeration Equipment Market Share Breakdown by Segment: 2012 VS 2020 VS 2027

AFRICA

TABLE 118: African Commercial Refrigeration Equipment Market Estimates and Projections in US$ Million by Segment: 2020 to 2027
TABLE 119: Commercial Refrigeration Equipment Market in Africa by Segment: A Historic Review in US$ Million for 2012-2019
TABLE 120: African Commercial Refrigeration Equipment Market Share Breakdown by Segment: 2012 VS 2020 VS 2027

IV. COMPETITION

Total Companies Profiled: 38

Note: Product cover images may vary from those shown
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