The competitive landscape of the commercial refrigeration equipment market includes leading players, such as
Parker Hannifin Corp.
Johnson Controls
Emerson Electric
GEA Group AG
AB Electrolux
Ingersoll-Rand, Plc.
Danfoss A/S
Hussman Corporation
Daikin Industries Ltd.
Lennox International
Authors:
Suraj Gujar
Frequently Asked Questions (FAQ) :
The market size for commercial refrigeration equipment is estimated to record more than 3.5% CAGR from 2023 to 2032, driven by the increasing demand for refrigeration solutions in the food and beverages production sector.
The refrigerator & freezers segment is projected to expand at over 4% growth rate through 2032, owing to their widespread usage in supermarkets, convenience stores, and hypermarkets.
Indian commercial refrigeration equipment industry is expected to witness around 5% gains up to 2032, attributed to the increasing demand for packaged and ready-to-eat foods in the country.
Parker Hannifin Corp., Johnson Controls, Emerson Electric, GEA Group AG,0020AB Electrolux, Ingersoll-Rand, Plc., Danfoss A/S, Hussman Corporation, Daikin Industries Ltd., and Lennox International are some of the top companies engaged global market.