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Global Industrial Refrigeration Solution Market Research Report 2025

Published Date: May 2025

Report Code: QYRE-Auto-32K14449

Global Industrial Refrigeration Solution Market Research Report 2023

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Global Industrial Refrigeration Solution Market Research Report 2025

Code: QYRE-Auto-32K14449

Report

May 2025

Pages:107

QYResearch

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DESCRIPTION

TABLE OF CONTENT

TABLES & FIGURES

FEATURED COMPANIES

Johnson Controls

Emerson Electric Co

Carrier

Fujitsu General America, Inc.

Mayekawa Mfg. Co., Ltd.

Advansor A/S

Baltimore Aircoil Company

Bohn

Dorin

Heatcraft Worldwide Refrigeration

Howden Group Ltd.

Hussmann Corporation

Lennox International Inc.

LU-VE Group

RefPlus

Trane Inc

York

Zanotti

Danfoss Industries Pvt Ltd

Colmac Coil Manufacturing, Inc.

Frick India Limited

United Technologies Corporation

Mitsubishi Electric Corporation

GEA Group AG

Bitzer SE

Industrial Refrigeration Solution Market Size

The global market for Industrial Refrigeration Solution was valued at US$ 21530 million in the year 2024 and is projected to reach a revised size of US$ 32180 million by 2031, growing at a CAGR of 5.9% during the forecast period.

Industrial Refrigeration Solution Market

Industrial refrigeration solutions include compression refrigeration solutions, absorption refrigeration solutions and screw refrigeration solutions. The compression refrigeration solution uses a compressor to compress the refrigerant into a high-temperature and high-pressure gas, which is cooled into a liquid through a condenser, and then decompressed through a throttle valve and enters the evaporator, where it absorbs heat and evaporates into a gas, thereby achieving the effect of refrigeration, and the cycle repeats.The absorption refrigeration solution uses thermal energy as a driving force to achieve refrigeration through the absorption and release process of the refrigerant in the solution. Common working fluid pairs include lithium bromide-water solution, ammonia-water solution, etc. In the generator, the solution is heated, and the refrigerant evaporates to form a high-temperature and high-pressure refrigerant vapor, which is cooled into a liquid through the condenser, and then enters the evaporator through the throttle valve to absorb heat and evaporate to achieve refrigeration. The screw refrigeration solution relies on the rotation of the screw compressor rotor and the periodic change of the inter-tooth volume to achieve the process of suction, compression, and exhaust. The refrigerant absorbs heat and evaporates in the evaporator, cools down and condenses in the condenser, and enters the evaporator again after decompression through the throttle valve to complete the refrigeration cycle.

With the development of science and technology, industrial refrigeration will be more efficient and energy-saving, such as the use of new refrigerants, optimized compressor technology, etc. The application of magnetic levitation compressor technology can improve energy efficiency; at the same time, the level of intelligence and automation will continue to improve, realizing remote monitoring, fault diagnosis and other functions. In the context of stricter environmental protection policies, green, low-carbon, and environmentally friendly refrigeration technologies and solutions will become mainstream, such as natural working fluid refrigeration technologies such as carbon dioxide refrigeration systems, which can reduce the damage to the ozone layer and greenhouse gas emissions. The demand for industrial refrigeration varies greatly among industries, and customized solutions will be more popular. Manufacturers need to provide personalized refrigeration system design and services according to the specific needs of customers.

The rapid development of emerging industries such as new energy and electronic semiconductors has increased the demand for industrial refrigeration. For example, data centers need efficient refrigeration systems to ensure the operation of equipment. The food and pharmaceutical industries have strict requirements for temperature control, which promotes the development of the industrial refrigeration market and ensures product quality and safety. Governments of various countries have introduced policies to encourage the development of efficient, energy-saving, and environmentally friendly industrial refrigeration technologies, providing opportunities for market development.

This report aims to provide a comprehensive presentation of the global market for Industrial Refrigeration Solution, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Industrial Refrigeration Solution.

The Industrial Refrigeration Solution market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Industrial Refrigeration Solution market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Industrial Refrigeration Solution companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Market Segmentation

Scope of Industrial Refrigeration Solution Market Report

Report Metric	Details
Report Name	Industrial Refrigeration Solution Market
Accounted market size in year	US$ 21530 million
Forecasted market size in 2031	US$ 32180 million
CAGR	5.9%
Base Year	year
Forecasted years	2025 - 2031
Segment by Type	Ammonia-Based Refrigeration Systems Carbon Dioxide Refrigeration Systems Glycol Chiller Systems Water Chiller Systems Cascade Refrigeration Systems
Segment by Application	Food and Beverage Processing Plants Chemical and Pharmaceuticals Agricultural Products Processing Plants Packaging and Warehousing Others
By Region	North America (United States, Canada) Europe (Germany, France, UK, Italy, Russia) Rest of Europe Nordic Countries Asia-Pacific (China, Japan, South Korea) Southeast Asia (India, Australia) Rest of Asia Latin America (Mexico, Brazil) Rest of Latin America Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
By Company	Johnson Controls, Danfoss Industries Pvt Ltd, Emerson Electric Co., GEA Group AG, United Technologies Corporation, Carrier, BITZER SE, Fujitsu General America, Inc., Mitsubishi Electric Corporation, Colmac Coil Manufacturing, Inc., Mayekawa Mfg. Co., Ltd., Advansor A/S, Baltimore Aircoil Company, Bohn, Dorin S.p.A., Heatcraft Worldwide Refrigeration, Howden Group Ltd., Hussmann Corporation, Lennox International Inc., LU-VE Group, RefPlus, Trane Inc., York, Zanotti, Frick India Limited
Forecast units	USD million in value
Report coverage	Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Industrial Refrigeration Solution company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.

FAQ for this report

How fast is Industrial Refrigeration Solution Market growing?

Ans: The Industrial Refrigeration Solution Market witnessing a CAGR of 5.9% during the forecast period 2025-2031.

What is the Industrial Refrigeration Solution Market size in 2031?

Ans: The Industrial Refrigeration Solution Market size in 2031 will be US$ 32180 million.

Who are the main players in the Industrial Refrigeration Solution Market report?

Ans: The main players in the Industrial Refrigeration Solution Market are Johnson Controls, Danfoss Industries Pvt Ltd, Emerson Electric Co., GEA Group AG, United Technologies Corporation, Carrier, BITZER SE, Fujitsu General America, Inc., Mitsubishi Electric Corporation, Colmac Coil Manufacturing, Inc., Mayekawa Mfg. Co., Ltd., Advansor A/S, Baltimore Aircoil Company, Bohn, Dorin S.p.A., Heatcraft Worldwide Refrigeration, Howden Group Ltd., Hussmann Corporation, Lennox International Inc., LU-VE Group, RefPlus, Trane Inc., York, Zanotti, Frick India Limited

What are the Application segmentation covered in the Industrial Refrigeration Solution Market report?

Ans: The Applications covered in the Industrial Refrigeration Solution Market report are Food and Beverage Processing Plants, Chemical and Pharmaceuticals, Agricultural Products Processing Plants, Packaging and Warehousing, Others

What are the Type segmentation covered in the Industrial Refrigeration Solution Market report?

Ans: The Types covered in the Industrial Refrigeration Solution Market report are Ammonia-Based Refrigeration Systems, Carbon Dioxide Refrigeration Systems, Glycol Chiller Systems, Water Chiller Systems, Cascade Refrigeration Systems

Recommended Reports

Industrial Refrigeration

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Compressor & Chiller

1 Report Overview

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global Industrial Refrigeration Solution Market Size Growth Rate by Type: 2020 VS 2024 VS 2031

1.2.2 Ammonia-Based Refrigeration Systems

1.2.3 Carbon Dioxide Refrigeration Systems

1.2.4 Glycol Chiller Systems

1.2.5 Water Chiller Systems

1.2.6 Cascade Refrigeration Systems

1.3 Market by Application

1.3.1 Global Industrial Refrigeration Solution Market Growth by Application: 2020 VS 2024 VS 2031

1.3.2 Food and Beverage Processing Plants

1.3.3 Chemical and Pharmaceuticals

1.3.4 Agricultural Products Processing Plants

1.3.5 Packaging and Warehousing

1.3.6 Others

1.4 Assumptions and Limitations

1.5 Study Objectives

1.6 Years Considered

2 Global Growth Trends

2.1 Global Industrial Refrigeration Solution Market Perspective (2020-2031)

2.2 Global Industrial Refrigeration Solution Growth Trends by Region

2.2.1 Global Industrial Refrigeration Solution Market Size by Region: 2020 VS 2024 VS 2031

2.2.2 Industrial Refrigeration Solution Historic Market Size by Region (2020-2025)

2.2.3 Industrial Refrigeration Solution Forecasted Market Size by Region (2026-2031)

2.3 Industrial Refrigeration Solution Market Dynamics

2.3.1 Industrial Refrigeration Solution Industry Trends

2.3.2 Industrial Refrigeration Solution Market Drivers

2.3.3 Industrial Refrigeration Solution Market Challenges

2.3.4 Industrial Refrigeration Solution Market Restraints

3 Competition Landscape by Key Players

3.1 Global Top Industrial Refrigeration Solution Players by Revenue

3.1.1 Global Top Industrial Refrigeration Solution Players by Revenue (2020-2025)

3.1.2 Global Industrial Refrigeration Solution Revenue Market Share by Players (2020-2025)

3.2 Global Top Industrial Refrigeration Solution Players by Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

3.3 Global Key Players Ranking by Industrial Refrigeration Solution Revenue

3.4 Global Industrial Refrigeration Solution Market Concentration Ratio

3.4.1 Global Industrial Refrigeration Solution Market Concentration Ratio (CR5 and HHI)

3.4.2 Global Top 10 and Top 5 Companies by Industrial Refrigeration Solution Revenue in 2024

3.5 Global Key Players of Industrial Refrigeration Solution Head office and Area Served

3.6 Global Key Players of Industrial Refrigeration Solution, Product and Application

3.7 Global Key Players of Industrial Refrigeration Solution, Date of Enter into This Industry

3.8 Mergers & Acquisitions, Expansion Plans

4 Industrial Refrigeration Solution Breakdown Data by Type

4.1 Global Industrial Refrigeration Solution Historic Market Size by Type (2020-2025)

4.2 Global Industrial Refrigeration Solution Forecasted Market Size by Type (2026-2031)

5 Industrial Refrigeration Solution Breakdown Data by Application

5.1 Global Industrial Refrigeration Solution Historic Market Size by Application (2020-2025)

5.2 Global Industrial Refrigeration Solution Forecasted Market Size by Application (2026-2031)

6 North America

6.1 North America Industrial Refrigeration Solution Market Size (2020-2031)

6.2 North America Industrial Refrigeration Solution Market Growth Rate by Country: 2020 VS 2024 VS 2031

6.3 North America Industrial Refrigeration Solution Market Size by Country (2020-2025)

6.4 North America Industrial Refrigeration Solution Market Size by Country (2026-2031)

6.5 United States

6.6 Canada

7 Europe

7.1 Europe Industrial Refrigeration Solution Market Size (2020-2031)

7.2 Europe Industrial Refrigeration Solution Market Growth Rate by Country: 2020 VS 2024 VS 2031

7.3 Europe Industrial Refrigeration Solution Market Size by Country (2020-2025)

7.4 Europe Industrial Refrigeration Solution Market Size by Country (2026-2031)

7.5 Germany

7.6 France

7.7 U.K.

7.8 Italy

7.9 Russia

7.10 Nordic Countries

8 Asia-Pacific

8.1 Asia-Pacific Industrial Refrigeration Solution Market Size (2020-2031)

8.2 Asia-Pacific Industrial Refrigeration Solution Market Growth Rate by Region: 2020 VS 2024 VS 2031

8.3 Asia-Pacific Industrial Refrigeration Solution Market Size by Region (2020-2025)

8.4 Asia-Pacific Industrial Refrigeration Solution Market Size by Region (2026-2031)

8.5 China

8.6 Japan

8.7 South Korea

8.8 Southeast Asia

8.9 India

8.10 Australia

9 Latin America

9.1 Latin America Industrial Refrigeration Solution Market Size (2020-2031)

9.2 Latin America Industrial Refrigeration Solution Market Growth Rate by Country: 2020 VS 2024 VS 2031

9.3 Latin America Industrial Refrigeration Solution Market Size by Country (2020-2025)

9.4 Latin America Industrial Refrigeration Solution Market Size by Country (2026-2031)

9.5 Mexico

9.6 Brazil

10 Middle East & Africa

10.1 Middle East & Africa Industrial Refrigeration Solution Market Size (2020-2031)

10.2 Middle East & Africa Industrial Refrigeration Solution Market Growth Rate by Country: 2020 VS 2024 VS 2031

10.3 Middle East & Africa Industrial Refrigeration Solution Market Size by Country (2020-2025)

10.4 Middle East & Africa Industrial Refrigeration Solution Market Size by Country (2026-2031)

10.5 Turkey

10.6 Saudi Arabia

10.7 UAE

11 Key Players Profiles

11.1 Johnson Controls

11.1.1 Johnson Controls Company Details

11.1.2 Johnson Controls Business Overview

11.1.3 Johnson Controls Industrial Refrigeration Solution Introduction

11.1.4 Johnson Controls Revenue in Industrial Refrigeration Solution Business (2020-2025)

11.1.5 Johnson Controls Recent Development

11.2 Danfoss Industries Pvt Ltd

11.2.1 Danfoss Industries Pvt Ltd Company Details

11.2.2 Danfoss Industries Pvt Ltd Business Overview

11.2.3 Danfoss Industries Pvt Ltd Industrial Refrigeration Solution Introduction

11.2.4 Danfoss Industries Pvt Ltd Revenue in Industrial Refrigeration Solution Business (2020-2025)

11.2.5 Danfoss Industries Pvt Ltd Recent Development

11.3 Emerson Electric Co.

11.3.1 Emerson Electric Co. Company Details

11.3.2 Emerson Electric Co. Business Overview

11.3.3 Emerson Electric Co. Industrial Refrigeration Solution Introduction

11.3.4 Emerson Electric Co. Revenue in Industrial Refrigeration Solution Business (2020-2025)

11.3.5 Emerson Electric Co. Recent Development

11.4 GEA Group AG

11.4.1 GEA Group AG Company Details

11.4.2 GEA Group AG Business Overview

11.4.3 GEA Group AG Industrial Refrigeration Solution Introduction

11.4.4 GEA Group AG Revenue in Industrial Refrigeration Solution Business (2020-2025)

11.4.5 GEA Group AG Recent Development

11.5 United Technologies Corporation

11.5.1 United Technologies Corporation Company Details

11.5.2 United Technologies Corporation Business Overview

11.5.3 United Technologies Corporation Industrial Refrigeration Solution Introduction

11.5.4 United Technologies Corporation Revenue in Industrial Refrigeration Solution Business (2020-2025)

11.5.5 United Technologies Corporation Recent Development

11.6 Carrier

11.6.1 Carrier Company Details

11.6.2 Carrier Business Overview

11.6.3 Carrier Industrial Refrigeration Solution Introduction

11.6.4 Carrier Revenue in Industrial Refrigeration Solution Business (2020-2025)

11.6.5 Carrier Recent Development

11.7 BITZER SE

11.7.1 BITZER SE Company Details

11.7.2 BITZER SE Business Overview

11.7.3 BITZER SE Industrial Refrigeration Solution Introduction

11.7.4 BITZER SE Revenue in Industrial Refrigeration Solution Business (2020-2025)

11.7.5 BITZER SE Recent Development

11.8 Fujitsu General America, Inc.

11.8.1 Fujitsu General America, Inc. Company Details

11.8.2 Fujitsu General America, Inc. Business Overview

11.8.3 Fujitsu General America, Inc. Industrial Refrigeration Solution Introduction

11.8.4 Fujitsu General America, Inc. Revenue in Industrial Refrigeration Solution Business (2020-2025)

11.8.5 Fujitsu General America, Inc. Recent Development

11.9 Mitsubishi Electric Corporation

11.9.1 Mitsubishi Electric Corporation Company Details

11.9.2 Mitsubishi Electric Corporation Business Overview

11.9.3 Mitsubishi Electric Corporation Industrial Refrigeration Solution Introduction

11.9.4 Mitsubishi Electric Corporation Revenue in Industrial Refrigeration Solution Business (2020-2025)

11.9.5 Mitsubishi Electric Corporation Recent Development

11.10 Colmac Coil Manufacturing, Inc.

11.10.1 Colmac Coil Manufacturing, Inc. Company Details

11.10.2 Colmac Coil Manufacturing, Inc. Business Overview

11.10.3 Colmac Coil Manufacturing, Inc. Industrial Refrigeration Solution Introduction

11.10.4 Colmac Coil Manufacturing, Inc. Revenue in Industrial Refrigeration Solution Business (2020-2025)

11.10.5 Colmac Coil Manufacturing, Inc. Recent Development

11.11 Mayekawa Mfg. Co., Ltd.

11.11.1 Mayekawa Mfg. Co., Ltd. Company Details

11.11.2 Mayekawa Mfg. Co., Ltd. Business Overview

11.11.3 Mayekawa Mfg. Co., Ltd. Industrial Refrigeration Solution Introduction

11.11.4 Mayekawa Mfg. Co., Ltd. Revenue in Industrial Refrigeration Solution Business (2020-2025)

11.11.5 Mayekawa Mfg. Co., Ltd. Recent Development

11.12 Advansor A/S

11.12.1 Advansor A/S Company Details

11.12.2 Advansor A/S Business Overview

11.12.3 Advansor A/S Industrial Refrigeration Solution Introduction

11.12.4 Advansor A/S Revenue in Industrial Refrigeration Solution Business (2020-2025)

11.12.5 Advansor A/S Recent Development

11.13 Baltimore Aircoil Company

11.13.1 Baltimore Aircoil Company Company Details

11.13.2 Baltimore Aircoil Company Business Overview

11.13.3 Baltimore Aircoil Company Industrial Refrigeration Solution Introduction

11.13.4 Baltimore Aircoil Company Revenue in Industrial Refrigeration Solution Business (2020-2025)

11.13.5 Baltimore Aircoil Company Recent Development

11.14 Bohn

11.14.1 Bohn Company Details

11.14.2 Bohn Business Overview

11.14.3 Bohn Industrial Refrigeration Solution Introduction

11.14.4 Bohn Revenue in Industrial Refrigeration Solution Business (2020-2025)

11.14.5 Bohn Recent Development

11.15 Dorin S.p.A.

11.15.1 Dorin S.p.A. Company Details

11.15.2 Dorin S.p.A. Business Overview

11.15.3 Dorin S.p.A. Industrial Refrigeration Solution Introduction

11.15.4 Dorin S.p.A. Revenue in Industrial Refrigeration Solution Business (2020-2025)

11.15.5 Dorin S.p.A. Recent Development

11.16 Heatcraft Worldwide Refrigeration

11.16.1 Heatcraft Worldwide Refrigeration Company Details

11.16.2 Heatcraft Worldwide Refrigeration Business Overview

11.16.3 Heatcraft Worldwide Refrigeration Industrial Refrigeration Solution Introduction

11.16.4 Heatcraft Worldwide Refrigeration Revenue in Industrial Refrigeration Solution Business (2020-2025)

11.16.5 Heatcraft Worldwide Refrigeration Recent Development

11.17 Howden Group Ltd.

11.17.1 Howden Group Ltd. Company Details

11.17.2 Howden Group Ltd. Business Overview

11.17.3 Howden Group Ltd. Industrial Refrigeration Solution Introduction

11.17.4 Howden Group Ltd. Revenue in Industrial Refrigeration Solution Business (2020-2025)

11.17.5 Howden Group Ltd. Recent Development

11.18 Hussmann Corporation

11.18.1 Hussmann Corporation Company Details

11.18.2 Hussmann Corporation Business Overview

11.18.3 Hussmann Corporation Industrial Refrigeration Solution Introduction

11.18.4 Hussmann Corporation Revenue in Industrial Refrigeration Solution Business (2020-2025)

11.18.5 Hussmann Corporation Recent Development

11.19 Lennox International Inc.

11.19.1 Lennox International Inc. Company Details

11.19.2 Lennox International Inc. Business Overview

11.19.3 Lennox International Inc. Industrial Refrigeration Solution Introduction

11.19.4 Lennox International Inc. Revenue in Industrial Refrigeration Solution Business (2020-2025)

11.19.5 Lennox International Inc. Recent Development

11.20 LU-VE Group

11.20.1 LU-VE Group Company Details

11.20.2 LU-VE Group Business Overview

11.20.3 LU-VE Group Industrial Refrigeration Solution Introduction

11.20.4 LU-VE Group Revenue in Industrial Refrigeration Solution Business (2020-2025)

11.20.5 LU-VE Group Recent Development

11.21 RefPlus

11.21.1 RefPlus Company Details

11.21.2 RefPlus Business Overview

11.21.3 RefPlus Industrial Refrigeration Solution Introduction

11.21.4 RefPlus Revenue in Industrial Refrigeration Solution Business (2020-2025)

11.21.5 RefPlus Recent Development

11.22 Trane Inc.

11.22.1 Trane Inc. Company Details

11.22.2 Trane Inc. Business Overview

11.22.3 Trane Inc. Industrial Refrigeration Solution Introduction

11.22.4 Trane Inc. Revenue in Industrial Refrigeration Solution Business (2020-2025)

11.22.5 Trane Inc. Recent Development

11.23 York

11.23.1 York Company Details

11.23.2 York Business Overview

11.23.3 York Industrial Refrigeration Solution Introduction

11.23.4 York Revenue in Industrial Refrigeration Solution Business (2020-2025)

11.23.5 York Recent Development

11.24 Zanotti

11.24.1 Zanotti Company Details

11.24.2 Zanotti Business Overview

11.24.3 Zanotti Industrial Refrigeration Solution Introduction

11.24.4 Zanotti Revenue in Industrial Refrigeration Solution Business (2020-2025)

11.24.5 Zanotti Recent Development

11.25 Frick India Limited

11.25.1 Frick India Limited Company Details

11.25.2 Frick India Limited Business Overview

11.25.3 Frick India Limited Industrial Refrigeration Solution Introduction

11.25.4 Frick India Limited Revenue in Industrial Refrigeration Solution Business (2020-2025)

11.25.5 Frick India Limited Recent Development

12 Analyst's Viewpoints/Conclusions

13 Appendix

13.1 Research Methodology

13.1.1 Methodology/Research Approach

13.1.1.1 Research Programs/Design

13.1.1.2 Market Size Estimation

13.1.1.3 Market Breakdown and Data Triangulation

13.1.2 Data Source

13.1.2.1 Secondary Sources

13.1.2.2 Primary Sources

13.2 Author Details

13.3 Disclaimer

FEATURED COMPANIES

Johnson Controls

Emerson Electric Co

Carrier

Fujitsu General America, Inc.

Mayekawa Mfg. Co., Ltd.

Advansor A/S

Baltimore Aircoil Company

Bohn

Dorin

Heatcraft Worldwide Refrigeration

Howden Group Ltd.

Hussmann Corporation

Lennox International Inc.

LU-VE Group

RefPlus

Trane Inc

York

Zanotti

Danfoss Industries Pvt Ltd

Colmac Coil Manufacturing, Inc.

Frick India Limited

United Technologies Corporation

Mitsubishi Electric Corporation

GEA Group AG

Bitzer SE

List of Tables

Table 1. Global Industrial Refrigeration Solution Market Size Growth Rate by Type (US$ Million): 2020 VS 2024 VS 2031

Table 2. Key Players of Ammonia-Based Refrigeration Systems

Table 3. Key Players of Carbon Dioxide Refrigeration Systems

Table 4. Key Players of Glycol Chiller Systems

Table 5. Key Players of Water Chiller Systems

Table 6. Key Players of Cascade Refrigeration Systems

Table 7. Global Industrial Refrigeration Solution Market Size Growth by Application (US$ Million): 2020 VS 2024 VS 2031

Table 8. Global Industrial Refrigeration Solution Market Size by Region (US$ Million): 2020 VS 2024 VS 2031

Table 9. Global Industrial Refrigeration Solution Market Size by Region (2020-2025) & (US$ Million)

Table 10. Global Industrial Refrigeration Solution Market Share by Region (2020-2025)

Table 11. Global Industrial Refrigeration Solution Forecasted Market Size by Region (2026-2031) & (US$ Million)

Table 12. Global Industrial Refrigeration Solution Market Share by Region (2026-2031)

Table 13. Industrial Refrigeration Solution Market Trends

Table 14. Industrial Refrigeration Solution Market Drivers

Table 15. Industrial Refrigeration Solution Market Challenges

Table 16. Industrial Refrigeration Solution Market Restraints

Table 17. Global Industrial Refrigeration Solution Revenue by Players (2020-2025) & (US$ Million)

Table 18. Global Industrial Refrigeration Solution Market Share by Players (2020-2025)

Table 19. Global Top Industrial Refrigeration Solution Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Industrial Refrigeration Solution as of 2024)

Table 20. Ranking of Global Top Industrial Refrigeration Solution Companies by Revenue (US$ Million) in 2024

Table 21. Global 5 Largest Players Market Share by Industrial Refrigeration Solution Revenue (CR5 and HHI) & (2020-2025)

Table 22. Global Key Players of Industrial Refrigeration Solution, Headquarters and Area Served

Table 23. Global Key Players of Industrial Refrigeration Solution, Product and Application

Table 24. Global Key Players of Industrial Refrigeration Solution, Date of Enter into This Industry

Table 25. Mergers & Acquisitions, Expansion Plans

Table 26. Global Industrial Refrigeration Solution Market Size by Type (2020-2025) & (US$ Million)

Table 27. Global Industrial Refrigeration Solution Revenue Market Share by Type (2020-2025)

Table 28. Global Industrial Refrigeration Solution Forecasted Market Size by Type (2026-2031) & (US$ Million)

Table 29. Global Industrial Refrigeration Solution Revenue Market Share by Type (2026-2031)

Table 30. Global Industrial Refrigeration Solution Market Size by Application (2020-2025) & (US$ Million)

Table 31. Global Industrial Refrigeration Solution Revenue Market Share by Application (2020-2025)

Table 32. Global Industrial Refrigeration Solution Forecasted Market Size by Application (2026-2031) & (US$ Million)

Table 33. Global Industrial Refrigeration Solution Revenue Market Share by Application (2026-2031)

Table 34. North America Industrial Refrigeration Solution Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031

Table 35. North America Industrial Refrigeration Solution Market Size by Country (2020-2025) & (US$ Million)

Table 36. North America Industrial Refrigeration Solution Market Size by Country (2026-2031) & (US$ Million)

Table 37. Europe Industrial Refrigeration Solution Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031

Table 38. Europe Industrial Refrigeration Solution Market Size by Country (2020-2025) & (US$ Million)

Table 39. Europe Industrial Refrigeration Solution Market Size by Country (2026-2031) & (US$ Million)

Table 40. Asia-Pacific Industrial Refrigeration Solution Market Size Growth Rate by Region (US$ Million): 2020 VS 2024 VS 2031

Table 41. Asia-Pacific Industrial Refrigeration Solution Market Size by Region (2020-2025) & (US$ Million)

Table 42. Asia-Pacific Industrial Refrigeration Solution Market Size by Region (2026-2031) & (US$ Million)

Table 43. Latin America Industrial Refrigeration Solution Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031

Table 44. Latin America Industrial Refrigeration Solution Market Size by Country (2020-2025) & (US$ Million)

Table 45. Latin America Industrial Refrigeration Solution Market Size by Country (2026-2031) & (US$ Million)

Table 46. Middle East & Africa Industrial Refrigeration Solution Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031

Table 47. Middle East & Africa Industrial Refrigeration Solution Market Size by Country (2020-2025) & (US$ Million)

Table 48. Middle East & Africa Industrial Refrigeration Solution Market Size by Country (2026-2031) & (US$ Million)

Table 49. Johnson Controls Company Details

Table 50. Johnson Controls Business Overview

Table 51. Johnson Controls Industrial Refrigeration Solution Product

Table 52. Johnson Controls Revenue in Industrial Refrigeration Solution Business (2020-2025) & (US$ Million)

Table 53. Johnson Controls Recent Development

Table 54. Danfoss Industries Pvt Ltd Company Details

Table 55. Danfoss Industries Pvt Ltd Business Overview

Table 56. Danfoss Industries Pvt Ltd Industrial Refrigeration Solution Product

Table 57. Danfoss Industries Pvt Ltd Revenue in Industrial Refrigeration Solution Business (2020-2025) & (US$ Million)

Table 58. Danfoss Industries Pvt Ltd Recent Development

Table 59. Emerson Electric Co. Company Details

Table 60. Emerson Electric Co. Business Overview

Table 61. Emerson Electric Co. Industrial Refrigeration Solution Product

Table 62. Emerson Electric Co. Revenue in Industrial Refrigeration Solution Business (2020-2025) & (US$ Million)

Table 63. Emerson Electric Co. Recent Development

Table 64. GEA Group AG Company Details

Table 65. GEA Group AG Business Overview

Table 66. GEA Group AG Industrial Refrigeration Solution Product

Table 67. GEA Group AG Revenue in Industrial Refrigeration Solution Business (2020-2025) & (US$ Million)

Table 68. GEA Group AG Recent Development

Table 69. United Technologies Corporation Company Details

Table 70. United Technologies Corporation Business Overview

Table 71. United Technologies Corporation Industrial Refrigeration Solution Product

Table 72. United Technologies Corporation Revenue in Industrial Refrigeration Solution Business (2020-2025) & (US$ Million)

Table 73. United Technologies Corporation Recent Development

Table 74. Carrier Company Details

Table 75. Carrier Business Overview

Table 76. Carrier Industrial Refrigeration Solution Product

Table 77. Carrier Revenue in Industrial Refrigeration Solution Business (2020-2025) & (US$ Million)

Table 78. Carrier Recent Development

Table 79. BITZER SE Company Details

Table 80. BITZER SE Business Overview

Table 81. BITZER SE Industrial Refrigeration Solution Product

Table 82. BITZER SE Revenue in Industrial Refrigeration Solution Business (2020-2025) & (US$ Million)

Table 83. BITZER SE Recent Development

Table 84. Fujitsu General America, Inc. Company Details

Table 85. Fujitsu General America, Inc. Business Overview

Table 86. Fujitsu General America, Inc. Industrial Refrigeration Solution Product

Table 87. Fujitsu General America, Inc. Revenue in Industrial Refrigeration Solution Business (2020-2025) & (US$ Million)

Table 88. Fujitsu General America, Inc. Recent Development

Table 89. Mitsubishi Electric Corporation Company Details

Table 90. Mitsubishi Electric Corporation Business Overview

Table 91. Mitsubishi Electric Corporation Industrial Refrigeration Solution Product

Table 92. Mitsubishi Electric Corporation Revenue in Industrial Refrigeration Solution Business (2020-2025) & (US$ Million)

Table 93. Mitsubishi Electric Corporation Recent Development

Table 94. Colmac Coil Manufacturing, Inc. Company Details

Table 95. Colmac Coil Manufacturing, Inc. Business Overview

Table 96. Colmac Coil Manufacturing, Inc. Industrial Refrigeration Solution Product

Table 97. Colmac Coil Manufacturing, Inc. Revenue in Industrial Refrigeration Solution Business (2020-2025) & (US$ Million)

Table 98. Colmac Coil Manufacturing, Inc. Recent Development

Table 99. Mayekawa Mfg. Co., Ltd. Company Details

Table 100. Mayekawa Mfg. Co., Ltd. Business Overview

Table 101. Mayekawa Mfg. Co., Ltd. Industrial Refrigeration Solution Product

Table 102. Mayekawa Mfg. Co., Ltd. Revenue in Industrial Refrigeration Solution Business (2020-2025) & (US$ Million)

Table 103. Mayekawa Mfg. Co., Ltd. Recent Development

Table 104. Advansor A/S Company Details

Table 105. Advansor A/S Business Overview

Table 106. Advansor A/S Industrial Refrigeration Solution Product

Table 107. Advansor A/S Revenue in Industrial Refrigeration Solution Business (2020-2025) & (US$ Million)

Table 108. Advansor A/S Recent Development

Table 109. Baltimore Aircoil Company Company Details

Table 110. Baltimore Aircoil Company Business Overview

Table 111. Baltimore Aircoil Company Industrial Refrigeration Solution Product

Table 112. Baltimore Aircoil Company Revenue in Industrial Refrigeration Solution Business (2020-2025) & (US$ Million)

Table 113. Baltimore Aircoil Company Recent Development

Table 114. Bohn Company Details

Table 115. Bohn Business Overview

Table 116. Bohn Industrial Refrigeration Solution Product

Table 117. Bohn Revenue in Industrial Refrigeration Solution Business (2020-2025) & (US$ Million)

Table 118. Bohn Recent Development

Table 119. Dorin S.p.A. Company Details

Table 120. Dorin S.p.A. Business Overview

Table 121. Dorin S.p.A. Industrial Refrigeration Solution Product

Table 122. Dorin S.p.A. Revenue in Industrial Refrigeration Solution Business (2020-2025) & (US$ Million)

Table 123. Dorin S.p.A. Recent Development

Table 124. Heatcraft Worldwide Refrigeration Company Details

Table 125. Heatcraft Worldwide Refrigeration Business Overview

Table 126. Heatcraft Worldwide Refrigeration Industrial Refrigeration Solution Product

Table 127. Heatcraft Worldwide Refrigeration Revenue in Industrial Refrigeration Solution Business (2020-2025) & (US$ Million)

Table 128. Heatcraft Worldwide Refrigeration Recent Development

Table 129. Howden Group Ltd. Company Details

Table 130. Howden Group Ltd. Business Overview

Table 131. Howden Group Ltd. Industrial Refrigeration Solution Product

Table 132. Howden Group Ltd. Revenue in Industrial Refrigeration Solution Business (2020-2025) & (US$ Million)

Table 133. Howden Group Ltd. Recent Development

Table 134. Hussmann Corporation Company Details

Table 135. Hussmann Corporation Business Overview

Table 136. Hussmann Corporation Industrial Refrigeration Solution Product

Table 137. Hussmann Corporation Revenue in Industrial Refrigeration Solution Business (2020-2025) & (US$ Million)

Table 138. Hussmann Corporation Recent Development

Table 139. Lennox International Inc. Company Details

Table 140. Lennox International Inc. Business Overview

Table 141. Lennox International Inc. Industrial Refrigeration Solution Product

Table 142. Lennox International Inc. Revenue in Industrial Refrigeration Solution Business (2020-2025) & (US$ Million)

Table 143. Lennox International Inc. Recent Development

Table 144. LU-VE Group Company Details

Table 145. LU-VE Group Business Overview

Table 146. LU-VE Group Industrial Refrigeration Solution Product

Table 147. LU-VE Group Revenue in Industrial Refrigeration Solution Business (2020-2025) & (US$ Million)

Table 148. LU-VE Group Recent Development

Table 149. RefPlus Company Details

Table 150. RefPlus Business Overview

Table 151. RefPlus Industrial Refrigeration Solution Product

Table 152. RefPlus Revenue in Industrial Refrigeration Solution Business (2020-2025) & (US$ Million)

Table 153. RefPlus Recent Development

Table 154. Trane Inc. Company Details

Table 155. Trane Inc. Business Overview

Table 156. Trane Inc. Industrial Refrigeration Solution Product

Table 157. Trane Inc. Revenue in Industrial Refrigeration Solution Business (2020-2025) & (US$ Million)

Table 158. Trane Inc. Recent Development

Table 159. York Company Details

Table 160. York Business Overview

Table 161. York Industrial Refrigeration Solution Product

Table 162. York Revenue in Industrial Refrigeration Solution Business (2020-2025) & (US$ Million)

Table 163. York Recent Development

Table 164. Zanotti Company Details

Table 165. Zanotti Business Overview

Table 166. Zanotti Industrial Refrigeration Solution Product

Table 167. Zanotti Revenue in Industrial Refrigeration Solution Business (2020-2025) & (US$ Million)

Table 168. Zanotti Recent Development

Table 169. Frick India Limited Company Details

Table 170. Frick India Limited Business Overview

Table 171. Frick India Limited Industrial Refrigeration Solution Product

Table 172. Frick India Limited Revenue in Industrial Refrigeration Solution Business (2020-2025) & (US$ Million)

Table 173. Frick India Limited Recent Development

Table 174. Research Programs/Design for This Report

Table 175. Key Data Information from Secondary Sources

Table 176. Key Data Information from Primary Sources

Table 177. Authors List of This Report

List of Figures

Figure 1. Industrial Refrigeration Solution Picture

Figure 2. Global Industrial Refrigeration Solution Market Size Comparison by Type (2020-2031) & (US$ Million)

Figure 3. Global Industrial Refrigeration Solution Market Share by Type: 2024 VS 2031

Figure 4. Ammonia-Based Refrigeration Systems Features

Figure 5. Carbon Dioxide Refrigeration Systems Features

Figure 6. Glycol Chiller Systems Features

Figure 7. Water Chiller Systems Features

Figure 8. Cascade Refrigeration Systems Features

Figure 9. Global Industrial Refrigeration Solution Market Size by Application (2020-2031) & (US$ Million)

Figure 10. Global Industrial Refrigeration Solution Market Share by Application: 2024 VS 2031

Figure 11. Food and Beverage Processing Plants Case Studies

Figure 12. Chemical and Pharmaceuticals Case Studies

Figure 13. Agricultural Products Processing Plants Case Studies

Figure 14. Packaging and Warehousing Case Studies

Figure 15. Others Case Studies

Figure 16. Industrial Refrigeration Solution Report Years Considered

Figure 17. Global Industrial Refrigeration Solution Market Size (US$ Million), Year-over-Year: 2020-2031

Figure 18. Global Industrial Refrigeration Solution Market Size, (US$ Million), 2020 VS 2024 VS 2031

Figure 19. Global Industrial Refrigeration Solution Market Share by Region: 2024 VS 2031

Figure 20. Global Industrial Refrigeration Solution Market Share by Players in 2024

Figure 21. Global Industrial Refrigeration Solution Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

Figure 22. The Top 10 and 5 Players Market Share by Industrial Refrigeration Solution Revenue in 2024

Figure 23. North America Industrial Refrigeration Solution Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 24. North America Industrial Refrigeration Solution Market Share by Country (2020-2031)

Figure 25. United States Industrial Refrigeration Solution Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 26. Canada Industrial Refrigeration Solution Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 27. Europe Industrial Refrigeration Solution Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 28. Europe Industrial Refrigeration Solution Market Share by Country (2020-2031)

Figure 29. Germany Industrial Refrigeration Solution Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 30. France Industrial Refrigeration Solution Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 31. U.K. Industrial Refrigeration Solution Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 32. Italy Industrial Refrigeration Solution Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 33. Russia Industrial Refrigeration Solution Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 34. Nordic Countries Industrial Refrigeration Solution Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 35. Asia-Pacific Industrial Refrigeration Solution Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 36. Asia-Pacific Industrial Refrigeration Solution Market Share by Region (2020-2031)

Figure 37. China Industrial Refrigeration Solution Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 38. Japan Industrial Refrigeration Solution Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 39. South Korea Industrial Refrigeration Solution Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 40. Southeast Asia Industrial Refrigeration Solution Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 41. India Industrial Refrigeration Solution Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 42. Australia Industrial Refrigeration Solution Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 43. Latin America Industrial Refrigeration Solution Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 44. Latin America Industrial Refrigeration Solution Market Share by Country (2020-2031)

Figure 45. Mexico Industrial Refrigeration Solution Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 46. Brazil Industrial Refrigeration Solution Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 47. Middle East & Africa Industrial Refrigeration Solution Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 48. Middle East & Africa Industrial Refrigeration Solution Market Share by Country (2020-2031)

Figure 49. Turkey Industrial Refrigeration Solution Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 50. Saudi Arabia Industrial Refrigeration Solution Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 51. UAE Industrial Refrigeration Solution Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 52. Johnson Controls Revenue Growth Rate in Industrial Refrigeration Solution Business (2020-2025)

Figure 53. Danfoss Industries Pvt Ltd Revenue Growth Rate in Industrial Refrigeration Solution Business (2020-2025)

Figure 54. Emerson Electric Co. Revenue Growth Rate in Industrial Refrigeration Solution Business (2020-2025)

Figure 55. GEA Group AG Revenue Growth Rate in Industrial Refrigeration Solution Business (2020-2025)

Figure 56. United Technologies Corporation Revenue Growth Rate in Industrial Refrigeration Solution Business (2020-2025)

Figure 57. Carrier Revenue Growth Rate in Industrial Refrigeration Solution Business (2020-2025)

Figure 58. BITZER SE Revenue Growth Rate in Industrial Refrigeration Solution Business (2020-2025)

Figure 59. Fujitsu General America, Inc. Revenue Growth Rate in Industrial Refrigeration Solution Business (2020-2025)

Figure 60. Mitsubishi Electric Corporation Revenue Growth Rate in Industrial Refrigeration Solution Business (2020-2025)

Figure 61. Colmac Coil Manufacturing, Inc. Revenue Growth Rate in Industrial Refrigeration Solution Business (2020-2025)

Figure 62. Mayekawa Mfg. Co., Ltd. Revenue Growth Rate in Industrial Refrigeration Solution Business (2020-2025)

Figure 63. Advansor A/S Revenue Growth Rate in Industrial Refrigeration Solution Business (2020-2025)

Figure 64. Baltimore Aircoil Company Revenue Growth Rate in Industrial Refrigeration Solution Business (2020-2025)

Figure 65. Bohn Revenue Growth Rate in Industrial Refrigeration Solution Business (2020-2025)

Figure 66. Dorin S.p.A. Revenue Growth Rate in Industrial Refrigeration Solution Business (2020-2025)

Figure 67. Heatcraft Worldwide Refrigeration Revenue Growth Rate in Industrial Refrigeration Solution Business (2020-2025)

Figure 68. Howden Group Ltd. Revenue Growth Rate in Industrial Refrigeration Solution Business (2020-2025)

Figure 69. Hussmann Corporation Revenue Growth Rate in Industrial Refrigeration Solution Business (2020-2025)

Figure 70. Lennox International Inc. Revenue Growth Rate in Industrial Refrigeration Solution Business (2020-2025)

Figure 71. LU-VE Group Revenue Growth Rate in Industrial Refrigeration Solution Business (2020-2025)

Figure 72. RefPlus Revenue Growth Rate in Industrial Refrigeration Solution Business (2020-2025)

Figure 73. Trane Inc. Revenue Growth Rate in Industrial Refrigeration Solution Business (2020-2025)

Figure 74. York Revenue Growth Rate in Industrial Refrigeration Solution Business (2020-2025)

Figure 75. Zanotti Revenue Growth Rate in Industrial Refrigeration Solution Business (2020-2025)

Figure 76. Frick India Limited Revenue Growth Rate in Industrial Refrigeration Solution Business (2020-2025)

Figure 77. Bottom-up and Top-down Approaches for This Report

Figure 78. Data Triangulation

Figure 79. Key Executives Interviewed

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