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Commercial Refrigeration Equipment: Global Markets and Technologies Through 2030

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    Report

  • 166 Pages
  • January 2026
  • Region: Global
  • BCC Research
  • ID: 6219823
Description Jump to:
The global market for commercial refrigeration equipment is expected to grow from $45.9 billion in 2025 and is projected to reach $59.6 billion by the end of 2030, at a compound annual growth rate (CAGR) of 5.3% during the forecast period of 2025 to 2030.

Commercial refrigeration equipment are used for cooling or freezing food items and handling large volumes of products on a commercial scale. These are free-standing cold storage devices that preserve the quality and nutritional content of food products, whether raw or processed. For example, this includes reach-in refrigerators and freezers found in supermarkets, specialty food stores, convenience stores, restaurants, cafeterias and grocery stores.

The increasing consumer preference for fresh and preserved foods, coupled with the growing demand for frozen and chilled food products and the expansion of organized retail chains and supermarket networks, are key factors propelling the demand for commercial refrigeration equipment, which drives market growth. Additionally, the growth of the hospitality and foodservice sectors in emerging economies, along with technological advances in energy-efficient refrigeration systems, is further enhancing the market outlook. Manufacturers are innovating with eco-friendly refrigerants and smart refrigeration technologies to meet sustainability standards and deliver superior performance across commercial applications.

Report Scope

This report analyzes the global market for commercial refrigeration equipment by equipment type, refrigerant type and end user. Additionally, the report discusses the technological and competitive aspects, as well as economic trends that impact the market. The report also includes a patent analysis for the market, providing insights into its competitive dynamics. The report concludes with detailed profiles of the major companies in the market.

The report also provides a regional analysis, which covers North America, Europe, Asia-Pacific, the Middle East and Africa (MEA), and South America. It further examines the current and future factors influencing the demand. The base year of the report is 2024 and 2025 is the estimated year. The market values and volumes are forecasted for five years until 2030. All market values are in the dollar ($) million and volume in thousands of units.

The report includes:

  • 93 data tables and 47 additional tables
  • An overview of the global market for commercial refrigeration equipment
  • In-depth analysis of global market trends, featuring historical revenue data for 2024, estimated figures for 2025, as well as forecasts for 2026, and 2029. This analysis includes projections of compound annual growth rates (CAGRs) through 2030
  • Evaluation of the current market size and revenue growth prospects specific to the commercial refrigeration equipment, accompanied by a market share analysis by equipment type, refrigerant type, end user and region
  • Analysis of current and future demand in the global commercial refrigeration equipment market, along with a detailed analysis of the competitive environment, market regulations and reimbursement practices
  • Analysis of drivers, challenges and opportunities affecting market growth
  • Coverage of evolving technologies, the current and future market potential, R&D activities, growth strategies, new product pipeline, regulatory framework and reimbursement scenarios, and ESG trends of the market
  • Market share analysis of the key market participants in the commercial refrigeration equipment market, along with their research priorities, product portfolios, global rankings and competitive landscape
  • Profiles of major companies within the industry, including Daikin Industries Ltd., Dover Corp., Johnson Controls, Danfoss A/S, and GEA Group Aktiengesellschaft

Table of Contents

Chapter 1 Executive Summary
  • Market Outlook
  • Scope of Report
  • Market Summary
  • Technological Advances and Applications
  • Market Dynamics and Growth Factors
  • Future Trends and Developments
  • Segmental Analysis
  • Regional Insights and Emerging Markets
  • Conclusion
Chapter 2 Market Overview
  • Current Market Overview
  • Future Scenarios
  • Macroeconomic Factors Analysis
  • Global Economic Growth and Income Level
  • Environmental Regulations
  • Value Chain Analysis
  • Raw Material Providers
  • Technology Providers
  • Refrigerator Equipment Manufacturers
  • End Users
  • Porter’s Five Forces Analysis
  • Bargaining Power of Buyers
  • Bargaining Power of Suppliers
  • Potential for New Entrants to the Market
  • Competition in the Industry
  • Threat of Substitutes
  • Impact of U.S. Tariffs
  • Regulations for Commercial Refrigeration Equipment
Chapter 3 Market Dynamics
  • Overview
  • Market Drivers
  • Increasing Demand for Frozen and Processed Food Products
  • Growing Expansion of the Retail Sector
  • Growing Demand for Energy-Efficient and Eco-Friendly Refrigeration Solutions
  • Market Restraints
  • Stringent Regulations for the Usage of Fluorocarbon Refrigerants
  • High Initial Investment
  • Market Opportunities
  • Technological Advancements in Energy-Efficient Refrigeration Systems
  • Increasing Need for Advanced Food Safety and Storage Solutions
Chapter 4 Emerging Technologies and Developments
  • Overview
  • Key Emerging Technologies for Commercial Refrigeration
  • Smart Refrigeration Systems
  • Magnetic Cooling
  • Advancements in the Design of Compressors
  • Energy Efficient Commercial Refrigeration
  • Patent Analysis
  • Overview
  • Key Patents
  • Key Takeaways
Chapter 5 Market Segmentation Analysis
  • Segmentation Breakdown
  • Global Commercial Refrigeration Equipment Market by Equipment Type
  • Key Takeaways
  • Refrigerator and Freezer
  • Refrigerated Display Cases
  • Transportation Refrigeration
  • Refrigerated Vending Machine
  • Beverage Refrigeration
  • Ice Cream Merchandiser
  • Others
  • Global Commercial Refrigeration Equipment Market by Refrigerant Type
  • Key Takeaways
  • Fluorocarbons
  • Hydrocarbon
  • Inorganic
  • Others
  • Global Commercial Refrigeration Equipment Market by End User
  • Key Takeaways
  • Hypermarkets
  • Supermarkets
  • Convenience Stores
  • Specialty Food Stores
  • E-commerce
  • Others
  • Geographic Breakdown
  • Global Commercial Refrigeration Equipment Market by Region
  • Key Takeaways
  • North America
  • Europe
  • Asia-Pacific
  • Middle East and Africa
  • South America
Chapter 6 Competitive Intelligence
  • Overview
  • Companies’ Market Share Analysis
  • Daikin Industries Ltd.
  • Dover Corp.
  • Johnson Controls
  • Danfoss A/S
  • GEA Group Aktiengesellschaft
  • Product Mapping Analysis
  • Strategic Analysis
Chapter 7 Sustainability in the Commercial Refrigeration Equipment Market: An ESG Perspective
  • Introduction to ESG
  • Environmental Impact
  • Social Impact
  • Governance Impact
  • Status of ESG in the Global Commercial Refrigeration Equipment Market
  • Case Study: Examples of Successful Implementation of ESG
  • Johnson Controls
  • Dover Corp.
  • Daikin Industries Ltd.
  • Concluding Remarks
Chapter 8 Appendix
  • Methodology
  • Research Steps
  • References
  • Abbreviations
  • Company Profiles
  • BITZER
  • BLUE STAR LTD.
  • DAIKIN INDUSTRIES LTD.
  • DANFOSS A/S
  • DOVER CORP.
  • GEA GROUP AKTIENGESELLSCHAFT
  • HUSSMANN CORP.
  • ILLINOIS TOOL WORKS INC.
  • IMBERA
  • JOHNSON CONTROLS
  • SIS REFRIGERATION
  • TRUE MANUFACTURING CO. INC.
  • UAB FREOR LT
  • WESTERN REFRIGERATION PVT. LTD.
  • WILLIAMS REFRIGERATION
  • Emerging Companies/Market Disruptors
List of Tables
Summary Table A: Global Market for Commercial Refrigeration Equipment, by Region, Through 2030
Summary Table B: Global Market Volume for Commercial Refrigeration Equipment, by Region, Through 2030
Table 1: Market Regulations for Commercial Refrigeration Equipment, by Major Countries
Table 2: Various Expansions in the Retail Sector, 2025
Table 3: Published Patent Count for Commercial Refrigeration, January 2024-October 2025
Table 4: Published Patents for Commercial Refrigeration, 2024-2025
Table 5: Global Market for Commercial Refrigeration Equipment, by Equipment Type, Through 2030
Table 6: Global Market Volume for Commercial Refrigeration Equipment, by Equipment Type, Through 2030
Table 7: Global Market for Refrigerators and Freezers in Commercial Refrigeration Equipment, by Region, Through 2030
Table 8: Global Market Volume for Refrigerators and Freezers in Commercial Refrigeration Equipment, by Region, Through 2030
Table 9: Global Market for Refrigerated Display Cases, by Region, Through 2030
Table 10: Global Market Volume for Refrigerated Display Cases, by Region, Through 2030
Table 11: Global Market for Transportation Refrigeration Equipment, by Region, Through 2030
Table 12: Global Market Volume for Transportation Refrigeration Equipment, by Region, Through 2030
Table 13: Global Market for Refrigerated Vending Machine, by Region, Through 2030
Table 14: Global Market Volume for Refrigerated Vending Machine, by Region, Through 2030
Table 15: Global Market for Beverage Refrigeration Equipment, by Region, Through 2030
Table 16: Global Market Volume for Beverage Refrigeration Equipment, by Region, Through 2030
Table 17: Global Market for Ice Cream Merchandiser in Commercial Refrigeration Equipment, by Region, Through 2030
Table 18: Global Market Volume for Ice Cream Merchandiser in Commercial Refrigeration Equipment, by Region, Through 2030
Table 19: Global Market for Other Commercial Refrigeration Equipment, by Region, Through 2030
Table 20: Global Market Volume for Other Commercial Refrigeration Equipment, by Region, Through 2030
Table 21: Global Market for Commercial Refrigeration Equipment, by Refrigerant Type, Through 2030
Table 22: Global Market Volume for Commercial Refrigeration Equipment, by Refrigerant Type, Through 2030
Table 23: Global Market for Fluorocarbon Refrigerants, by Region, Through 2030
Table 24: Global Market Volume for Fluorocarbon Refrigerants, by Region, Through 2030
Table 25: Global Market for Hydrocarbon Refrigerants, by Region, Through 2030
Table 26: Global Market Volume for Hydrocarbon Refrigerants, by Region, Through 2030
Table 27: Global Market for Inorganic Commercial Refrigerants, by Region, Through 2030
Table 28: Global Market Volume for Inorganic Commercial Refrigerants, by Region, Through 2030
Table 29: Global Market for Other Commercial Refrigerants, by Region, Through 2030
Table 30: Global Market Volume for Other Commercial Refrigerants, by Region, Through 2030
Table 31: Global Market for Commercial Refrigeration Equipment, by End User, Through 2030
Table 32: Global Market Volume for Commercial Refrigeration Equipment, by End User, Through 2030
Table 33: Global Market for Commercial Refrigeration Equipment for Hypermarkets, by Region, Through 2030
Table 34: Global Market Volume for Commercial Refrigeration Equipment for Hypermarkets, by Region, Through 2030
Table 35: Global Market for Commercial Refrigeration Equipment for Supermarkets, by Region, Through 2030
Table 36: Global Market Volume for Commercial Refrigeration Equipment for Supermarkets, by Region, Through 2030
Table 37: Global Market for Commercial Refrigeration Equipment for Convenience Stores, by Region, Through 2030
Table 38: Global Market Volume for Commercial Refrigeration Equipment for Convenience Stores, by Region, Through 2030
Table 39: Global Market for Commercial Refrigeration Equipment for Specialty Food Stores, by Region, Through 2030
Table 40: Global Market Volume for Commercial Refrigeration Equipment for Specialty Food Stores, by Region, Through 2030
Table 41: Global Market for Commercial Refrigeration Equipment for the E-Commerce Companies, by Region, Through 2030
Table 42: Global Market Volume for Commercial Refrigeration Equipment for the E-Commerce Companies, by Region, Through 2030
Table 43: Global Market for Commercial Refrigeration Equipment for the Other End Users, by Region, Through 2030
Table 44: Global Market Volume for Commercial Refrigeration Equipment for the Other End Users, by Region, Through 2030
Table 45: Global Market for Commercial Refrigeration Equipment, by Region, Through 2030
Table 46: Global Market Volume for Commercial Refrigeration Equipment, by Region, Through 2030
Table 47: North American Market for Commercial Refrigeration Equipment, by Equipment Type, Through 2030
Table 48: North American Market Volume for Commercial Refrigeration Equipment, by Equipment Type, Through 2030
Table 49: North American Market for Commercial Refrigeration Equipment, by Refrigerant Type, Through 2030
Table 50: North American Market Volume for Commercial Refrigeration Equipment, by Refrigerant Type, Through 2030
Table 51: North American Market for Commercial Refrigeration Equipment, by End User, Through 2030
Table 52: North American Market Volume for Commercial Refrigeration Equipment, by End User, Through 2030
Table 53: North American Market for Commercial Refrigeration Equipment, by Country, Through 2030
Table 54: North American Market Volume for Commercial Refrigeration Equipment, by Country, Through 2030
Table 55: European Market for Commercial Refrigeration Equipment, by Equipment Type, Through 2030
Table 56: European Market Volume for Commercial Refrigeration Equipment, by Equipment Type, Through 2030
Table 57: European Market for Commercial Refrigeration Equipment, by Refrigerant Type, Through 2030
Table 58: European Market Volume for Commercial Refrigeration Equipment, by Refrigerant Type, Through 2030
Table 59: European Market for Commercial Refrigeration Equipment, by End User, Through 2030
Table 60: European Market Volume for Commercial Refrigeration Equipment, by End User, Through 2030
Table 61: European Market for Commercial Refrigeration Equipment, by Country, Through 2030
Table 62: European Market Volume for Commercial Refrigeration Equipment, by Country, Through 2030
Table 63: Asia-Pacific Market for Commercial Refrigeration Equipment, by Equipment Type, Through 2030
Table 64: Asia-Pacific Market Volume for Commercial Refrigeration Equipment, by Equipment Type, Through 2030
Table 65: Asia-Pacific Market for Commercial Refrigeration Equipment, by Refrigerant Type, Through 2030
Table 66: Asia-Pacific Market Volume for Commercial Refrigeration Equipment, by Refrigerant Type, Through 2030
Table 67: Asia-Pacific Market for Commercial Refrigeration Equipment, by End User, Through 2030
Table 68: Asia-Pacific Market Volume for Commercial Refrigeration Equipment, by End User, Through 2030
Table 69: Asia-Pacific Market for Commercial Refrigeration Equipment, by Country, Through 2030
Table 70: Asia-Pacific Market Volume for Commercial Refrigeration Equipment, by Country, Through 2030
Table 71: MEA Market for Commercial Refrigeration Equipment, by Equipment Type, Through 2030
Table 72: MEA Market Volume for Commercial Refrigeration Equipment, by Equipment Type, Through 2030
Table 73: MEA Market for Commercial Refrigeration Equipment, by Refrigerant Type, Through 2030
Table 74: MEA Market Volume for Commercial Refrigeration Equipment, by Refrigerant Type, Through 2030
Table 75: MEA Market for Commercial Refrigeration Equipment, by End User, Through 2030
Table 76: MEA Market Volume for Commercial Refrigeration Equipment, by End User, Through 2030
Table 77: MEA Market for Commercial Refrigeration Equipment, by Country, Through 2030
Table 78: MEA Market Volume for Commercial Refrigeration Equipment, by Country, Through 2030
Table 79: South American Market for Commercial Refrigeration Equipment, by Equipment Type, Through 2030
Table 80: South American Market Volume for Commercial Refrigeration Equipment, by Equipment Type, Through 2030
Table 81: South American Market for Commercial Refrigeration Equipment, by Refrigerant Type, Through 2030
Table 82: South American Market Volume for Commercial Refrigeration Equipment, by Refrigerant Type, Through 2030
Table 83: South American Market for Commercial Refrigeration Equipment, by End User, Through 2030
Table 84: South American Market Volume for Commercial Refrigeration Equipment, by End User, Through 2030
Table 85: South American Market for Commercial Refrigeration Equipment, by Country, Through 2030
Table 86: South American Market Volume for Commercial Refrigeration Equipment, by Country, Through 2030
Table 87: Product Mapping Analysis of Commercial Refrigeration Equipment Market, 2024
Table 88: Acquisition and Partnership in Commercial Refrigeration Equipment Market, 2024-2025
Table 89: Contract and Expansion in Commercial Refrigeration Equipment Market, 2025
Table 90: ESG Risk Ratings, by Company, 2025*
Table 91: Sustainability Performance, 2024
Table 92: References
Table 93: Abbreviations Used in the Report
Table 94: Bitzer: Company Snapshot
Table 95: Bitzer: Financial Performance, FY 2023 and 2024
Table 96: Bitzer: Product Portfolio
Table 97: Bitzer: News/Key Developments, 2024
Table 98: Blue Star Ltd.: Company Snapshot
Table 99: Blue Star Ltd.: Financial Performance, FY 2023 and 2024
Table 100: Blue Star Ltd.: Product Portfolio
Table 101: Blue Star Ltd.: News/Key Developments, 2024-2025
Table 102: Daikin Industries Ltd.: Company Snapshot
Table 103: Daikin Industries Ltd.: Financial Performance, FY 2023 and 2024
Table 104: Daikin Industries Ltd.: Product Portfolio
Table 105: Danfoss A/S: Company Snapshot
Table 106: Danfoss A/S: Financial Performance, FY 2023 and 2024
Table 107: Danfoss A/S: Product Portfolio
Table 108: Danfoss A/S: News/Key Developments, 2025
Table 109: Dover Corp.: Company Snapshot
Table 110: Dover Corp.: Financial Performance, FY 2023 and 2024
Table 111: Dover Corp.: Product Portfolio
Table 112: Dover Corp.: News/Key Developments, 2025
Table 113: GEA Group Aktiengesellschaft: Company Snapshot
Table 114: GEA Group Aktiengesellschaft: Financial Performance, FY 2023 and 2024
Table 115: GEA Group Aktiengesellschaft: Product Portfolio
Table 116: Hussmann Corp.: Company Snapshot
Table 117: Hussmann Corp.: Product Portfolio
Table 118: Hussmann Corp.: News/Key Developments, 2024-2025
Table 119: Illinois Tool Works Inc.: Company Snapshot
Table 120: Illinois Tool Works Inc.: Financial Performance, FY 2023 and 2024
Table 121: Illinois Tool Works Inc.: Product Portfolio
Table 122: Imbera: Company Snapshot
Table 123: Imbera: Product Portfolio
Table 124: Johnson Controls: Company Snapshot
Table 125: Johnson Controls: Financial Performance, FY 2024 and 2025
Table 126: Johnson Controls: Product Portfolio
Table 127: SIS Refrigeration: Company Snapshot
Table 128: SIS Refrigeration: Product Portfolio
Table 129: True Manufacturing Co. Inc.: Company Snapshot
Table 130: True Manufacturing Co. Inc.: Product Portfolio
Table 131: UAB Freor LT: Company Snapshot
Table 132: UAB Freor LT: Product Portfolio
Table 133: UAB Freor LT: News/Key Developments, 2025
Table 134: Western Refrigeration Pvt. Ltd.: Company Snapshot
Table 135: Western Refrigeration Pvt. Ltd.: Product Portfolio
Table 136: Williams Refrigeration: Company Snapshot
Table 137: Williams Refrigeration: Product Portfolio
Table 138: Williams Refrigeration: News/Key Developments, 2025
Table 139: Emerging Companies in the Global Commercial Refrigeration Equipment Market
List of Figures
Summary Figure A: Global Market Shares for Commercial Refrigeration Equipment, by Region, 2024
Summary Figure B: Global Market Volume Shares for Commercial Refrigeration Equipment, by Region, 2024
Figure 1: Value Chain Analysis for the Commercial Refrigeration Equipment Market
Figure 2: Porter's Five Forces Analysis: Commercial Refrigeration Equipment Market
Figure 3: Market Dynamics for the Commercial Refrigeration Equipment
Figure 4: Patent Share for Commercial Refrigeration Equipment, by Key Applicants, 2024
Figure 5: Global Market Shares for Commercial Refrigeration Equipment, by Equipment Type, 2024
Figure 6: Global Market Shares for Refrigerators and Freezers in Commercial Refrigeration Equipment, by Region, 2024
Figure 7: Global Market Shares for Refrigerated Display Cases, by Region, 2024
Figure 8: Global Market Shares for Transportation Refrigeration Equipment, by Region, 2024
Figure 9: Global Market Shares for Refrigerated Vending Machine, by Region, 2024
Figure 10: Global Market Shares for Beverage Refrigeration Equipment, by Region, 2024
Figure 11: Global Market Shares for Ice Cream Merchandiser in Commercial Refrigeration Equipment, by Region, 2024
Figure 12: Global Market Shares for Other Commercial Refrigeration Equipment, by Region, 2024
Figure 13: Global Market Shares for Commercial Refrigeration Equipment, by Refrigerant Type, 2024
Figure 14: Global Market Shares for Fluorocarbon Refrigerants, by Region, 2024
Figure 15: Global Market Shares for Hydrocarbon Refrigerants, by Region, 2024
Figure 16: Global Market Shares for Inorganic Commercial Refrigerants, by Region, 2024
Figure 17: Global Market Shares for Other Commercial Refrigerants, by Region, 2024
Figure 18: Global Market Shares for Commercial Refrigeration Equipment, by End User, 2024
Figure 19: Global Market Shares for Commercial Refrigeration Equipment for Hypermarkets, by Region, 2024
Figure 20: Global Market Shares for Commercial Refrigeration Equipment for Supermarkets, by Region, 2024
Figure 21: Global Market Shares for Commercial Refrigeration Equipment for Convenience Stores, by Region, 2024
Figure 22: Global Market Shares for Commercial Refrigeration Equipment for Specialty Food Stores, by Region, 2024
Figure 23: Global Market Shares for Commercial Refrigeration Equipment for the E-Commerce Companies, by Region, 2024
Figure 24: Global Market Shares for Commercial Refrigeration Equipment for the Other End Users, by Region, 2024
Figure 25: Global Market Shares for Commercial Refrigeration Equipment, by Region, 2024
Figure 26: North American Market Shares for Commercial Refrigeration Equipment, by Equipment Type, 2024
Figure 27: North American Market Shares for Commercial Refrigeration Equipment, by Refrigerant Type, 2024
Figure 28: North American Market Shares for Commercial Refrigeration Equipment, by End User, 2024
Figure 29: North American Market Shares for Commercial Refrigeration Equipment, by Country, 2024
Figure 30: European Market Shares for Commercial Refrigeration Equipment, by Equipment Type, 2024
Figure 31: European Market Shares for Commercial Refrigeration Equipment, by Refrigerant Type, 2024
Figure 32: European Market Shares for Commercial Refrigeration Equipment, by End User, 2024
Figure 33: European Market Shares for Commercial Refrigeration Equipment, by Country, 2024
Figure 34: Asia-Pacific Market Shares for Commercial Refrigeration Equipment, by Equipment Type, 2024
Figure 35: Asia-Pacific Market Shares for Commercial Refrigeration Equipment, by Refrigerant Type, 2024
Figure 36: Asia-Pacific Market Shares for Commercial Refrigeration Equipment, by End User, 2024
Figure 37: Asia-Pacific Market Shares for Commercial Refrigeration Equipment, by Country, 2024
Figure 38: MEA Market Shares for Commercial Refrigeration Equipment, by Equipment Type, 2024
Figure 39: MEA Market Shares for Commercial Refrigeration Equipment, by Refrigerant Type, 2024
Figure 40: MEA Market Shares for Commercial Refrigeration Equipment, by End User, 2024
Figure 41: MEA Market Shares for Commercial Refrigeration Equipment, by Country, 2024
Figure 42: South American Market Shares for Commercial Refrigeration Equipment, by Equipment Type, 2024
Figure 43: South American Market Shares for Commercial Refrigeration Equipment, by Refrigerant Type, 2024
Figure 44: South American Market Shares for Commercial Refrigeration Equipment, by End User, 2024
Figure 45: South American Market Shares for Commercial Refrigeration Equipment, by Country, 2024
Figure 46: Global Market Shares for Commercial Refrigeration Equipment, by Leading Companies, 2024
Figure 47: Blue Star Ltd.: Revenue Shares, by Business Unit, FY 2024
Figure 48: Blue Star Ltd.: Revenue Shares, by Country/Region, FY 2024
Figure 49: Daikin Industries Ltd.: Revenue Shares, by Business Unit, FY 2024
Figure 50: Daikin Industries Ltd.: Revenue Shares, by Country/Region, FY 2024
Figure 51: Danfoss A/S: Revenue Shares, by Business Unit, FY 2024
Figure 52: Danfoss A/S: Revenue Shares, by Country/Region, FY 2024
Figure 53: Dover Corp.: Revenue Shares, by Business Unit, FY 2024
Figure 54: Dover Corp.: Revenue Shares, by Business Unit, FY 2024
Figure 55: GEA Group Aktiengesellschaft: Revenue Shares, by Business Unit, FY 2024
Figure 56: GEA Group Aktiengesellschaft: Revenue Shares, by Country/Region, FY 2024
Figure 57: Illinois Tool Works Inc.: Revenue Shares, by Business Unit, FY 2024
Figure 58: Illinois Tool Works Inc.: Revenue Shares, by Country/Region, FY 2024
Figure 59: Johnson Controls: Revenue Shares, by Business Unit, FY 2025
Figure 60: Johnson Controls: Revenue Shares, by Country/Region, FY 2025

Companies Mentioned

  • Bitzer
  • Blue Star Ltd.
  • Daikin Industries Ltd.
  • Danfoss A/S
  • Dover Corp.
  • Gea Group Aktiengesellschaft
  • Hussmann Corp.
  • Illinois Tool Works Inc.
  • Imbera
  • Johnson Controls
  • Sis Refrigeration
  • True Manufacturing Co. Inc.
  • Uab Freor Lt
  • Western Refrigeration Pvt. Ltd.
  • Williams Refrigeration

Table Information

Report AttributeDetails
No. of Pages166
PublishedJanuary 2026
Forecast Period2025 - 2030
Estimated Market Value ( USD ) in 2025 $ 45.9 Billion
Forecasted Market Value ( USD ) by 2030 $ 59.6 Billion
Compound Annual Growth Rate5.3%
Regions CoveredGlobal
No. of Companies Mentioned15

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