On 2025-2-18 Global Info Research released【Global Industrial Refrigeration Solution Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031】. This report includes an overview of the development of the Industrial Refrigeration Solution industry chain, the market status of Consumer Electronics (Nickel-Zinc Ferrite Core, Mn-Zn Ferrite Core), Household Appliances (Nickel-Zinc Ferrite Core, Mn-Zn Ferrite Core), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Industrial Refrigeration Solution.
According to our (Global Info Research) latest study, the global Industrial Refrigeration Solution market size was valued at US$ 22160 million in 2024 and is forecast to a readjusted size of USD 32850 million by 2031 with a CAGR of 5.8% during review period.
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 is a detailed and comprehensive analysis for global Industrial Refrigeration Solution market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
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Market segment by Type： Ammonia-Based Refrigeration Systems、Carbon Dioxide Refrigeration Systems、Glycol Chiller Systems、Water Chiller Systems、Cascade Refrigeration Systems
Market segment by Application：Food and Beverage Processing Plants、Chemical and Pharmaceuticals、Agricultural Products Processing Plants、Packaging and Warehousing、Others
Major players covered： 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
Market segment by region, regional analysis covers: North America (United States, Canada and Mexico), Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe), Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia),South America (Brazil, Argentina, Colombia, and Rest of South America),Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa).
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Industrial Refrigeration Solution product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Industrial Refrigeration Solution, with price, sales, revenue and global market share of Industrial Refrigeration Solution from 2020 to 2025.
Chapter 3, the Industrial Refrigeration Solution competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Industrial Refrigeration Solution breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2020 to 2024.and Industrial Refrigeration Solution market forecast, by regions, type and application, with sales and revenue, from 2025 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Industrial Refrigeration Solution.
Chapter 14 and 15, to describe Industrial Refrigeration Solution sales channel, distributors, customers, research findings and conclusion.
Data Sources:
Via authorized organizations:customs statistics, industrial associations, relevant international societies, and academic publications etc.
Via trusted Internet sources.Such as industry news, publications on this industry, annual reports of public companies, Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), Trading Economics, News Network, Statista, Federal Reserve Economic Data, BIS Statistics, ICIS, Companies House Documentsm, investor presentations, SEC filings of companies, etc.
Via interviews. Our interviewees includes manufacturers, related companies, industry experts, distributors, business (sales) staff, directors, CEO, marketing executives, executives from related industries/organizations, customers and raw material suppliers to obtain the latest information on the primary market;
Via data exchange. We have been consulting in this industry for 16 years and have collaborations with the players in this field. Thus, we get access to (part of) their unpublished data, by exchanging with them the data we have.
From our partners.We have information agencies as partners and they are located worldwide, thus we get (or purchase) the latest data from them.
Via our long-term tracking and gathering of data from this industry.We have a database that contains history data regarding the market.
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