Global Commercial Refrigeration System Market Size, Trends and Growth Opportunity, By Product Type (Freezer, Refrigerator, Refrigerated Vending Machines, Display Cases/ Showcases), By Category (Self-Contained, Remote Condensing), By Refrigerant Type (Aerohydro Chlorofluorocarbon (HCFC), Hydro Fluorocarbon (HFC), Hydrocarbon (HC), Inorganic), By Application (Food Services, Food Retail, Food Distribution, Food Production, Other), By Operation (Plugin, Remote), By Distribution Channel (Direct Sales, Indirect Sales), By Component (Compressor, Condenser, Evaporator, Control, Others), By Region and Forecast till 2030.
Global Commercial Refrigeration System Market 
Global Commercial Refrigeration System Market was valued at USD 49,864.32 million in 2022 and is slated to reach USD 80,866.59 million by 2030 at a CAGR of 6.3% from 2023-2030.
Commercial refrigeration equipment is the name for the cold storage equipment used in workplaces. For instance, it includes reach-in freezers and refrigerators in supermarkets, convenience stores, speciality food stores and grocery stores. The walk-in freezers and refrigerators used in cafeterias and restaurants are examples of commercial refrigeration equipment.
Market Drivers
Frozen food items have gained popularity as a result of the preference for fast cuisine among working people and their lack of time to make conventional meals. The market for refrigerators is growing as a result. Non-alcoholic beverages have significantly increased from prior years. Energy drinks, smoothies and other beverages are frequently drunk, therefore it's critical to store them in refrigerators to keep them secure. Consequently, the commercial refrigerator market has experienced tremendous growth. ENERGY STAR-certified commercial refrigerators use an average of 1.89 kWh of energy per day as opposed to refrigerators with lesser efficiency consuming 4.44 kWh. The demand for alternatives is prompted by climate issues connected to high GWP refrigerants, such as ozone depletion and global warming. Therefore, the commercial refrigerator market's growth potential will be increased by the key market players' increasing focus on integrating cutting-edge technology to manage harmful gas emissions. One method of addressing this global issue and energy conservation at the same time is to use commercial freezers that have earned the ENERGY STAR certification. These technologies save operational expenses by increasing the energy efficiency of refrigeration equipment.
Market Restraints
It is anticipated that rising machine costs will restrain market expansion. Since commercial refrigerators, freezers, and other equipment are made to fit in big locations, the price of the equipment varies based on size. The cost of purchasing and maintaining such large-scale equipment thus becomes a hurdle.
Impact of COVID-19
The pandemic has disrupted the supply chain, resulting in a lack of the raw materials and components required to make commercial refrigeration systems. Longer lead times, delayed deliveries, and greater expenses are the results of this. On the other side, the need for food storage and preservation in the food and beverage industry has raised the need for commercial refrigeration systems. Due to the closure of restaurants and other food businesses during lockdowns, there has been a surge in the demand for food delivery services, which has raised the need for refrigeration equipment to store and convey food. Additionally, the economic uncertainty brought on by the epidemic has forced many businesses to postpone or cancel investments in new refrigeration systems, which has decreased demand for these goods. Travel restrictions and lockdowns, this has had a particular impact on the hospitality sector, which has suffered a major decline in demand.
Recent Development
The expansion of its subsidiaries in Malaysia and the Philippines was announced by the Japanese company Fuji Mark Corp. in 2021. The company's business will probably grow as a result of this decision.
The chilled and frozen food supply company Euro Food received 16 brand-new Carrier Corp. trucks and vans in 2021, all of which were outfitted with the TransCold refrigeration technology.
Market Segmentation
Global Commercial Refrigeration System Market is segmented into Product Type, Category, Refrigerant Type, Application, Operation, Distribution Channel, & Component. By Product Types such as Freezers, Blast freezers, Contact freezers, Refrigerators, walk-in refrigerators, Commercial reach refrigerators, under-counter refrigerators, Counter top beverage, Merchandiser and display, Food prep, refrigerated vending machines, Display cases/ showcases, Ice cream cabinets, Bakery display, Butchery cases, Ice cream machines, Ice machines, Others, Seafood, Transportation refrigerators. By Category such as Self-contained, Remote condensing. By Refrigerant Types such as Aerohydro Chlorofluorocarbon (HCFC), Hydro Fluorocarbon (HFC), Hydrocarbon (HC), and Inorganic. By Applications such as Food Services, Full-service restaurants & hotels, Quick service restaurants, Caterers, Others, Food trucks, Food retail, Hypermarkets & supermarkets, Convenience stores, Speciality food stores, other retail stores, Food distribution, Food production, Other, Food processing industry. By Operations such as Plug-in, Remote. By Distribution Channels such as Direct Sales, Indirect sales. By Components such as Compressor, Condenser, Evaporator, Control, and Others.
Regional Analysis
Global Commercial Refrigeration System Market is segmented into five regions Americas, Europe, Asia-Pacific, and the Middle East & Africa. Throughout the forecast period, North America will maintain its current pattern of market dominance. The expansion of the food and service sectors as well as changing dining habits in restaurants, hotels, and other comparable establishments are the main causes of the increased demand. In light of the high demand from rising economies including the U.K., France, and Germany, Europe will experience the highest growth rate over the projection period. Additionally, the retail chain is expanding and there is a rising demand for frozen food items.
Key Players
This report includes a list of numerous Key Players, namely Hussmann Corporation. (U.S.), Dover Corporation (U.S.), Traulsen (U.S.), Daikin Industries, Ltd. (Japan), Johnson Controls (U.S.), Emerson Electric Co. (U.S.), Danfoss A/S (Denmark), GEA Group Aktiengesellschaft (Germany), Mayekawa Mfg. CO., LTD. (Japan), LU-VE S.p.A. (Italy).
Market Taxonomy
By Product Type
•        Freezer
•        Blast freezer
•        Contact freezer
•        Refrigerator
•        Walk in refrigerators
•        Commercial reach-in refrigerators
•        Under counter refrigerators
•        Countertop beverage
•        Merchandiser and display
•        Food prep
•        Refrigerated vending machines
•        Display cases/ showcases
•        Ice cream cabinets
•        Bakery display
•        Butchery cases
•        Ice cream machines
•        Ice machines
•        Others
•        Seafood
•        Transportation refrigerators
By Category
•        Self-contained
•        Remote condensing
By Refrigerant Type
•        Aerohydro Chlorofluorocarbon (HCFC)
•        Hydro Fluorocarbon (HFC)
•        Hydrocarbon (HC)
•        Inorganic
By Application
•        Food services
•        Full-service restaurants & hotels
•        Quick service restaurants
•        Caterers
•        Others
•        Food trucks
•        Food retail
•        Hypermarkets & supermarkets
•        Convenience stores
•        Speciality food stores
•        Other retail stores
•        Food distribution
•        Food production
•        Other
•        Food processing industry
By Operation
•        Plugin
•        Remote
By Distribution Channel
•        Direct sales
•        Indirect sales
By Component
•        Compressor
•        Condenser
•        Evaporator
•        Control
•        Others
By Region
•        North America
•        Latin America
•        Europe
•        Asia Pacific
•        Middle East & Africa.
 
 
 
 
 

Global Commercial Refrigeration System Market
1 Introduction        
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Commercial Refrigeration System Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing economic downturn 
4.2.6 Post covid-19 world Supply& Demand conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Commercial Refrigeration System Market, By Refrigerant Type
5.1 Y-o-Y Growth Comparison, By Refrigerant Type
5.2 Global Commercial Refrigeration System Market Share Analysis, By Refrigerant Type
5.3 Global Commercial Refrigeration System Market Size and Forecast, By Refrigerant Type
5.3.1 Aerohydro Chlorofluorocarbon (HCFC)
5.3.2 Hydro Fluorocarbon (HFC)
5.3.3 Hydrocarbon (HC)
5.3.4 Inorganic 
6 Global Commercial Refrigeration System Market, By Category
6.1 Y-o-Y Growth Comparison, By Category
6.2 Global Commercial Refrigeration System Market Share Analysis, By Category
6.3 Global Commercial Refrigeration System Market Size and Forecast, By Category
6.3.1 Self-contained
6.3.2 Remote condensing 
7 Global Commercial Refrigeration System Market, By Product Type
7.1 Y-o-Y Growth Comparison, By Product Type
7.2 Global Commercial Refrigeration System Market Share Analysis, By Product Type
7.3 Global Commercial Refrigeration System Market Size and Forecast, By Product Type
7.3.1 Freezer
7.3.2 Blast freezer
7.3.3 Contact freezer
7.3.4 Refrigerator
7.3.5 Walk in refrigerators
7.3.6 Commercial reach in refrigerators
7.3.7 Under counter refrigerators
7.3.8 Counter top beverage
7.3.9 Merchandiser and display
7.3.10 Food prep
7.3.11 Refrigerated vending machines
7.3.12 Display cases/ showcases
7.3.13 Ice cream cabinets
7.3.14 Bakery display
7.3.15 Butchery cases
7.3.16 Ice cream machines
7.3.17 Ice machines
7.3.18 Others
7.3.19 Seafood
7.3.20 Transportation refrigerators
8 Global Commercial Refrigeration System Market, By Operation
8.1 Y-o-Y Growth Comparison, By Operation
8.2 Global Commercial Refrigeration System Market Share Analysis, By Operation
8.3 Global Commercial Refrigeration System Market Size and Forecast, By Operation 
8.3.1 Plug in
8.3.2 Remote
9 Global Commercial Refrigeration System Market, By Distribution Channel
9.1 Y-o-Y Growth Comparison, By Distribution Channel
9.2 Global Commercial Refrigeration System Market Share Analysis, By Distribution Channel
9.3 Global Commercial Refrigeration System Market Size and Forecast, By Distribution Channel
9.3.1 Direct sales
9.3.2 Indirect sales 
10 Global Commercial Refrigeration System Market, By Component
10.1 Y-o-Y Growth Comparison, By Component
10.2 Global Commercial Refrigeration System Market Share Analysis, By Component
10.3 lobal Commercial Refrigeration System Market Size and Forecast, By Component
10.3.1 Compressor
10.3.2 Condenser
10.3.3 Evaporator
10.3.4 Control
10.3.5 Others 
11 Global Commercial Refrigeration System Market, By Application
11.1 Y-o-Y Growth Comparison, By Application
11.2 Global Commercial Refrigeration System Market Share Analysis, By Application
11.3 lobal Commercial Refrigeration System Market Size and Forecast, By Application
11.3.1 Food services
11.3.2 Full-service restaurants & hotels
11.3.3 Quick service restaurants
11.3.4 Caterers
11.3.5 Others
11.3.6 Food trucks
11.3.7 Food retail
11.3.8 Hypermarkets & supermarkets
11.3.9 Convenience stores
11.3.10 Speciality food stores
11.3.11 Other retail stores
11.3.12 Food distribution
11.3.13 Food production
11.3.14 Other
11.3.15 Food processing industry
12 Global Commercial Refrigeration System Market, By Region
12.1 Global Commercial Refrigeration System Market Share Analysis, By Region
12.2 Global Commercial Refrigeration System Market Share Analysis, By Region
12.3 Global Commercial Refrigeration System Market Size and Forecast, By Region
13 North America Commercial Refrigeration System Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 North America Commercial Refrigeration System Market Share Analysis, By Refrigerant Type
13.3 North America Commercial Refrigeration System Market Size and Forecast, By Category
13.4 North America Commercial Refrigeration System Market Size and Forecast, By Product Type
13.5 North America Commercial Refrigeration System Market Size and Forecast, By Operation
13.6 North America Commercial Refrigeration System Market Size and Forecast, By Distribution Channel
13.7 North America Commercial Refrigeration System Market Size and Forecast, By Component
13.8 North America Commercial Refrigeration System Market Size and Forecast, By Application
13.9 North America Commercial Refrigeration System Market Size and Forecast, By Country
13.9.1 U.S.
13.9.2 Canada
13.9.3 Mexico
14 Europe Commercial Refrigeration System Market Analysis and Forecast (2023-2030)
14.1 Introduction
14.2 Europe Commercial Refrigeration System Market Share Analysis, By Refrigerant Type
14.3 Europe Commercial Refrigeration System Market Size and Forecast, By Category 
14.4 Europe Commercial Refrigeration System Market Size and Forecast, By Product Type
14.5 Europe Commercial Refrigeration System Market Size and Forecast, By Operation
14.6 Europe Commercial Refrigeration System Market Size and Forecast, By Distribution Channel
14.7 Europe Commercial Refrigeration System Market Size and Forecast, By Component
14.8 Europe Commercial Refrigeration System Market Size and Forecast, By Application
14.9 Europe Commercial Refrigeration System Market Size and Forecast, By Country
14.9.1 Germany
14.9.2 France
14.9.3 UK
14.9.4 Rest of Europe
15 Asia Pacific Commercial Refrigeration System Market Analysis and Forecast (2023-2030)
15.1 Introduction
15.2 Asia Pacific Commercial Refrigeration System Market Share Analysis, By Refrigerant Type
15.3 Asia Pacific Commercial Refrigeration System Market Size and Forecast, By Category 
15.4 Asia Pacific Commercial Refrigeration System Market Size and Forecast, By Product Type
15.5 Asia Pacific Commercial Refrigeration System Market Size and Forecast, By Distribution Channel
15.6 Asia Pacific Commercial Refrigeration System Market Size and Forecast, By Component
15.7 Asia Pacific Commercial Refrigeration System Market Size and Forecast, By Application
15.8 Asia Pacific Commercial Refrigeration System Market Size and Forecast, By Operation
15.9 Asia Pacific Commercial Refrigeration System Market Size and Forecast, By Country
15.9.1 China        
15.9.2 Japan
15.6.3 India
15.6.4 Rest of Asia Pacific
16 Latin America Commercial Refrigeration System Market Analysis and Forecast (2023-2030)
16.1 Introduction
16.2 Latin America Commercial Refrigeration System Market Share Analysis, By Refrigerant Type
16.3 Latin America Commercial Refrigeration System Market Size and Forecast, By Category 
16.4 Latin America Commercial Refrigeration System Market Size and Forecast, By Product Type
16.5 Latin America Commercial Refrigeration System Market Size and Forecast, By Operation
16.6 Latin America Commercial Refrigeration System Market Size and Forecast, By Distribution Channel
16.7 Latin America Commercial Refrigeration System Market Size and Forecast, By Component
16.8 Latin America Commercial Refrigeration System Market Size and Forecast, By Application
16.9 Latin America Commercial Refrigeration System Market Size and Forecast, Country
16.9.1 Brazil
16.9.2 Rest of Latin America
17 Middle East Commercial Refrigeration System Market Analysis and Forecast (2023-2030)
17.1 Introduction
17.2 Middle East Commercial Refrigeration System Market Share Analysis, By Refrigerant Type
17.3 Middle East Commercial Refrigeration System Market Size and Forecast, By Category 
17.4 Middle East Commercial Refrigeration System Market Size and Forecast, By Product Type
17.5 Middle East Commercial Refrigeration System Market Size and Forecast, By Operation
17.6 Middle East Commercial Refrigeration System Market Size and Forecast, By Distribution Channel
17.7 Middle East Commercial Refrigeration System Market Size and Forecast, By Component
17.8 Middle East Commercial Refrigeration System Market Size and Forecast, By Application
17.9 Middle East Commercial Refrigeration System Market Size and Forecast, By Country
17.9.1 Saudi Arabia
17.9.2 UAE
17.9.3 Egypt
17.9.4 Kuwait
17.9.5 South Africa
18 Competitive Analysis
18.1 Competition Dashboard
18.2 Market share Analysis of Top Vendors
18.3 Key Development Strategies
19 Company Profiles
19.1 Hussmann Corporation. (U.S.) 
19.1.1 Overview
19.1.2 Offerings
19.1.3 Key Financials
19.1.4 Business Segment & Geographic Overview
19.1.5 Key Market Developments
19.1.6 Key Strategies
19.2 Dover Corporation (U.S.)   
19.2.1 Overview
19.2.2 Offerings
19.2.3 Key Financials
19.2.4 Business Segment & Geographic Overview
19.2.5 Key Market Developments
19.2.6 Key Strategies
19.3 Traulsen (U.S.)
19.3.1 Overview
19.3.2 Offerings
19.3.3 Key Financials
19.3.4 Business Segment & Geographic Overview
19.3.5 Key Market Developments
19.3.6 Key Strategies
19.4 Daikin Industries, Ltd. (Japan)
19.4.1 Overview
19.4.2 Offerings
19.4.3 Key Financials
19.4.4 Business Segment & Geographic Overview
19.4.5 Key Market Developments
19.4.6 Key Strategies
19.5 Johnson Controls (U.S.)
19.5.1 Overview
19.5.2 Offerings
19.5.3 Key Financials
19.5.4 Business Segment & Geographic Overview
19.5.5 Key Market Developments
19.5.6 Key Strategies
19.6 Emerson Electric Co. (U.S.)
19.6.1 Overview
19.6.2 Offerings
19.6.3 Key Financials
19.6.4 Business Segment & Geographic Overview
19.6.5 Key Market Developments
19.6.6 Key Strategies
19.7 Danfoss A/S (Denmark)
19.7.1 Overview
19.7.2 Offerings
19.7.3 Key Financials
19.7.4 Business Segment & Geographic Overview
19.7.5 Key Market Developments
19.7.6 Key Strategies        
19.8 GEA Group Aktiengesellschaft (Germany)
19.8.1 Overview
19.8.2 Offerings
19.8.3 Key Financials
19.8.4 Business Segment & Geographic Overview
19.8.5 Key Market Developments
19.8.6 Key Strategies
19.9 Mayekawa Mfg. CO., LTD. (Japan)
19.9.1 Overview
19.9.2 Offerings
19.9.3 Key Financials
19.9.4 Business Segment & Geographic Overview
19.9.5 Key Market Developments
19.9.6 Key Strategies
19.10 LU-VE S.p.A. (Italy)
19.10.1 Overview
19.10.2 Offerings
19.10.3 Key Financials
19.10.4 Business Segment & Geographic Overview
19.10.5 Key Market Developments
19.10.6 Key Strategies