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Cold Storage Equipment Market Share

Report ID: GMI6347
Published Date: Apr 2024
Report Format: PDF

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Cold Storage Equipment Market Share

Key players involve in the self-defense products market are AB Electrolux, Carrier Corporation, Daikin Industries, Ltd., Johnson Controls International plc and Mitsubishi Electric Corporation, Inc. accounting market share of 15-20% in 2023. Top Manufacturers are continuously innovating and improving their products to meet the changing demands and preferences of consumers. They are investing in research and development to come up with new and advanced technologies that can provide better storage solutions. This not only aligns with the global push towards sustainability but also helps manufacturers differentiate themselves from their competitors.

Cold Storage Equipment Market Companies

Major companies operating in the cold storage equipment industry include:

AB Electrolux
AmeriCold Logistics LLC
Americold Realty Trust
Carrier Corporation
Daikin Industries, Ltd.
Dover Corporation
Frigidaire
Hussmann Corporation
Ingersoll Rand Inc.
Johnson Controls International plc.
Lennox International Inc.
Mitsubishi Electric Corporation
Swire Cold Storage
Thermo King Corporation
United Technologies Corporation (UTC)

Authors: Ankit Gupta, Abhishek Chopra

Frequently Asked Questions (FAQ) :

The market size of cold storage equipment was recorded USD 51 billion in 2023 and is expected to register 6.4% CAGR from 2024 to 2032, due to the surging demand for temperature-controlled storage solutions across food & beverage, pharmaceuticals, and healthcare.

The cold rooms segment in the cold storage equipment market accounted for USD 19 billion in 2023 and may witness substantial growth from 2024 to 2032, owing to their wide usage in food processing, pharmaceuticals, and agriculture to maintain a specific temperature range.

North America cold storage equipment industry was worth USD 18 billion in 2023 and is expected to expand at substantial CAGR from 2024 to 2032, led by the increasing demand for refrigerated storage and transportation, government initiatives, and technological advancements.

AB Electrolux, AmeriCold Logistics LLC, Americold Realty Trust, Carrier Corporation, Daikin Industries, Ltd., Dover Corporation, Frigidaire, Hussmann Corporation, Ingersoll Rand Inc., Johnson Controls International plc., Lennox International Inc., Mitsubishi Electric Corporation, Swire Cold Storage, Thermo King Corporation, United Technologies Corporation (UTC) are some of the major cold storage equipment companies worldwide.