Industrial Refrigeration System - Global Market Outlook (2017-2026)
According to Stratistics MRC, the Global Industrial Refrigeration System Market is accounted for $16.64 billion in 2017 and is expected to reach $27.90 billion by 2026 growing at a CAGR of 5.9% during the forecast period. Some of the key factors propelling the market growth are rising demand for packaged food storage capabilities and rise in usage of these systems in the FMCG production. However, harmful effects of ammonia, lack of skilled labor and high energy consumption for operation are some of the factors hindering growth of the market. Moreover, introduction of advanced technologies is one of the major opportunities during the forecast period.
Industrial refrigeration refers to the procedure of cooling by means of refrigeration and cooling systems to eliminate the heat from a low-temperature medium and transferring it to a high-temperature medium. Industrial refrigeration systems are organized at large freezing and refrigeration plants for use in a variety of industrial usages such as food & beverage processing, cold storage, and others.
Amongst End User, food processing segment accounted for significant market growth during the forecast period. Food processing industries has a main share in global market in terms of utilization. In food processing industry, they are used for processing of fruits, vegetables, poultry, fish, meat and dairy products. By geography North America is expected to have the largest market share and dominated the market during the forecast period, US is the top region in the market due to huge usage of food and beverage processing applications.
Some of the key players profiled in the Industrial Refrigeration System Market include Emerson Electric Co., Johnson Controls International PLC, Daikin Industries, Ltd., The Danfoss Group, Lennox International Inc., Baltimore Aircoil Company, Inc., GEA Group AG, Bitzer Kuhlmaschinenbau GmbH, Hussmann Corporation, Alfa Laval, United Technologies Corporation, Evapco, Inc., Lu-Ve Group, Güntner GmbH & Co. Kg and Mayekawa Mfg. Co. Ltd.
Refrigerants Covered:
• Hydrofluorocarbon (HFC)
• Carbon dioxide
• Ammonia
• Other Refrigerants
Applications Covered:
• Fruit and Vegetable Processors
• Wineries and Breweries
• Explosion and Corrosion Protection
• Dairy & Ice cream processing
• Refrigerated Warehouses
• Poultry, Fish and Meat Processors
Equipments Covered:
• Controls
• Evaporators
• Compressors
• Condensers
• Vessels, Pumps, Valves, and Auxiliary Equipment
End Users Covered:
• Transport Logistics
• Food Processing
• Pharmaceuticals
• Chemicals
• Beverage
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Futuristic Market Scenario
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Industrial Refrigeration System Market, By Refrigerant
5.1 Introduction
5.2 Hydrofluorocarbon (HFC)
5.3 Carbon dioxide
5.4 Ammonia
5.5 Other Refrigerants
5.5.1 Hydrochlorofluorocarbon (HCFC)
5.5.2 Hydrocarbon (HC)
5.5.3 Air and Water (H2O)
5.5.4 Chlorofluorocarbon (CFC)
5.5.5 Fluorocarbon (FC)
6 Global Industrial Refrigeration System Market, By Application
6.1 Introduction
6.2 Fruit and Vegetable Processors
6.3 Wineries and Breweries
6.4 Explosion and Corrosion Protection
6.5 Dairy & Ice cream processing
6.6 Refrigerated Warehouses
6.7 Poultry, Fish and Meat Processors
7 Global Industrial Refrigeration System Market, By Equipment
7.1 Introduction
7.2 Controls
7.3 Evaporators
7.3.1 Liquid-Cooling Evaporators
7.3.2 Air-Cooling Evaporators
7.4 Compressors
7.4.1 Reciprocating Compressors
7.4.2 Screw Compressors
7.5 Condensers
7.5.1 Water-Cooled Condensers
7.5.2 Evaporative Condensers
7.5.3 Air-Cooled Condensers
7.6 Vessels, Pumps, Valves, and Auxiliary Equipment
8 Global Industrial Refrigeration System Market, By End User
8.1 Introduction
8.2 Transport Logistics
8.3 Food Processing
8.4 Pharmaceuticals
8.5 Chemicals
8.6 Beverage
9 Global Industrial Refrigeration System Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 Emerson Electric Co.
11.2 Johnson Controls International PLC
11.3 Daikin Industries, Ltd.
11.4 The Danfoss Group
11.5 Lennox International Inc.
11.6 Baltimore Aircoil Company, Inc.
11.7 GEA Group AG
11.8 Bitzer Kuhlmaschinenbau GmbH
11.9 Hussmann Corporation
11.10 Alfa Laval
11.11 United Technologies Corporation
11.12 Evapco, Inc.
11.13 Lu-Ve Group
11.14 Güntner GmbH & Co. Kg
11.15 Mayekawa Mfg. Co. Ltd.
List of Tables
1 Global Industrial Refrigeration System Market Outlook, By Region (2016-2026) ($MN)
2 Global Industrial Refrigeration System Market Outlook, By Refrigerant (2016-2026) ($MN)
3 Global Industrial Refrigeration System Market Outlook, By Hydrofluorocarbon (HFC) (2016-2026) ($MN)
4 Global Industrial Refrigeration System Market Outlook, By Carbon dioxide (2016-2026) ($MN)
5 Global Industrial Refrigeration System Market Outlook, By Ammonia (2016-2026) ($MN)
6 Global Industrial Refrigeration System Market Outlook, By Other Refrigerants (2016-2026) ($MN)
7 Global Industrial Refrigeration System Market Outlook, By Hydrochlorofluorocarbon (HCFC) (2016-2026) ($MN)
8 Global Industrial Refrigeration System Market Outlook, By Hydrocarbon (HC) (2016-2026) ($MN)
9 Global Industrial Refrigeration System Market Outlook, By Air and Water (H2O) (2016-2026) ($MN)
10 Global Industrial Refrigeration System Market Outlook, By Chlorofluorocarbon (CFC) (2016-2026) ($MN)
11 Global Industrial Refrigeration System Market Outlook, By Fluorocarbon (FC) (2016-2026) ($MN)
12 Global Industrial Refrigeration System Market Outlook, By Application (2016-2026) ($MN)
13 Global Industrial Refrigeration System Market Outlook, By Fruit and Vegetable Processors (2016-2026) ($MN)
14 Global Industrial Refrigeration System Market Outlook, By Wineries and Breweries (2016-2026) ($MN)
15 Global Industrial Refrigeration System Market Outlook, By Explosion and Corrosion Protection (2016-2026) ($MN)
16 Global Industrial Refrigeration System Market Outlook, By Dairy & Ice cream processing (2016-2026) ($MN)
17 Global Industrial Refrigeration System Market Outlook, By Refrigerated Warehouses (2016-2026) ($MN)
18 Global Industrial Refrigeration System Market Outlook, By Poultry, Fish and Meat Processors (2016-2026) ($MN)
19 Global Industrial Refrigeration System Market Outlook, By Equipment (2016-2026) ($MN)
20 Global Industrial Refrigeration System Market Outlook, By Controls (2016-2026) ($MN)
21 Global Industrial Refrigeration System Market Outlook, By Evaporators (2016-2026) ($MN)
22 Global Industrial Refrigeration System Market Outlook, By Liquid-Cooling Evaporators (2016-2026) ($MN)
23 Global Industrial Refrigeration System Market Outlook, By Air-Cooling Evaporators (2016-2026) ($MN)
24 Global Industrial Refrigeration System Market Outlook, By Compressors (2016-2026) ($MN)
25 Global Industrial Refrigeration System Market Outlook, By Reciprocating Compressors (2016-2026) ($MN)
26 Global Industrial Refrigeration System Market Outlook, By Screw Compressors (2016-2026) ($MN)
27 Global Industrial Refrigeration System Market Outlook, By Condensers (2016-2026) ($MN)
28 Global Industrial Refrigeration System Market Outlook, By Water-Cooled Condensers (2016-2026) ($MN)
29 Global Industrial Refrigeration System Market Outlook, By Evaporative Condensers (2016-2026) ($MN)
30 Global Industrial Refrigeration System Market Outlook, By Air-Cooled Condensers (2016-2026) ($MN)
31 Global Industrial Refrigeration System Market Outlook, By Vessels, Pumps, Valves, and Auxiliary Equipment (2016-2026) ($MN)
32 Global Industrial Refrigeration System Market Outlook, By End User (2016-2026) ($MN)
33 Global Industrial Refrigeration System Market Outlook, By Transport Logistics (2016-2026) ($MN)
34 Global Industrial Refrigeration System Market Outlook, By Food Processing (2016-2026) ($MN)
35 Global Industrial Refrigeration System Market Outlook, By Pharmaceuticals (2016-2026) ($MN)
36 Global Industrial Refrigeration System Market Outlook, By Chemicals (2016-2026) ($MN)
37 Global Industrial Refrigeration System Market Outlook, By Beverage (2016-2026) ($MN)
Note: Regional Tables for North America, Europe, Asia Pacific, South America and, Middle East & Africa are presented in the same manner above.
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