冷蔵クーラー市場 – 2029年までの世界予測

Refrigeration Coolers Market - Global Forecast to 2029

冷凍クーラー市場 - 製品(コンデンサー、コンプレッサー、エバポレーター、空気冷却器)、モビリティ(据え置き型、ポータブル型)、冷媒の種類(アンモニア、二酸化炭素、HFC/HFO、プロパン、グリコール、ブライン、炭化水素ブレンド) - 2029年までの世界予測
Refrigeration Coolers Market by Offering (Condensers, Compressors, Evaporators, Air Cooler), Mobility (Stationary, Portable), Refrigerant Type (Ammonia, Carbon Dioxide, HFC/HFO, Propane, Glycol, Brine, Hydrocarbon Blends) - Global Forecast to 2029

商品番号 : SMB-11257

出版社MarketsandMarkets
出版年月2025年3月
ページ数308
図表数307
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

The global refrigeration coolers market was valued at USD 4.19 billion in 2024 and is estimated to reach USD 5.74 billion by 2029, registering a CAGR of 6.5% during the forecast period. Rising urbanization, regulatory requirements for cooling refrigerants, growth in online grocery shopping, efficient cold storage and transportation solutions, growth in refrigeration technology, and transition to more environmentally friendly refrigerants are leading to market growth. These and other strategies foster a reasonable setting for the refrigeration coolers market.

世界の冷蔵クーラー市場は2024年に41億9,000万米ドルと評価され、2029年までに57億4,000万米ドルに達すると予測されており、予測期間中に6.5%のCAGRを記録します。都市化の進行、冷却冷媒に対する規制要件、オンライン食料品ショッピングの増加、効率的な冷蔵および輸送ソリューション、冷蔵技術の成長、より環境に優しい冷媒への移行が市場の成長につながっています。これらおよびその他の戦略により、冷蔵クーラー市場にとって合理的な環境が促進されます。

冷蔵クーラー市場 - 2029年までの世界予測
refrigeration-coolers-market

“Ammonia to contribute significant share in refrigeration coolers market.”

Ammonia refrigerant, therefore, is expected to grow strongly in the refrigeration coolers market because of its excellent thermodynamic properties, energy efficiency, and environmental benefits. Industries will have to reduce their carbon footprints because there is an increasing international tendency to oblige with sterner regulations on environmental issues that border on climate change, depleting the ozone layer, and others. High efficiency, lower energy consumption, and high-scale application in industrial refrigeration and cold storage also has promising prospects for large-scale growth. Moreover, the safety and performance improvements of ammonia refrigeration technologies promote more extensive acceptance. Thus, by meeting sustainability requirements, ammonia as a refrigerant is posed for healthy growth in the market.

“Portable mobility to grow significantly in the refrigeration coolers market.”

In 2023, the portable mobility segment accounted for a larger market share, and a similar trend is likely to be observed during the forecast period, as the use of refrigeration coolers systems is on the rise in newly emerging applications such as logistics & warehousing. There is great potential for portable refrigeration coolers, as they can be carried everywhere and used anywhere to satisfy convenience and growing demand in a variety of applications. The growth of more street food vendors and food trucks has increased the demand for efficient and compact refrigeration solutions that are portable and can be easily transported and set up in different locations. Similarly, the technology trends in this area have given birth to energy-efficient, lighter, portable coolers, which further contribute to the growing demands among consumers and firms as well. With changing lifestyle and consumer preferences, the market for portable refrigeration coolers will rise significantly.

冷蔵クーラー市場 - 2029年までの世界予測 region
refrigeration-coolers-market-region

“Asia Pacific will contribute significantly to the growth rate in refrigeration coolers market.”

Asia Pacific is poised to contribute a significant share to the refrigeration coolers market for several compelling reasons, by increasing adoption of energy-efficient refrigeration technologies in Asia Pacific countries due to environmental regulations and more awareness towards sustainable practices. First, the government supports refrigerants like ammonia and CO₂ that are not only environmentally friendly but also contribute to the trend that is currently worldwide in helping alleviate the impact of refrigerator systems on the environment. On the other hand, the region’s pharmaceutical-based manufacturing facilities have always had a high demand for refrigeration coolers. With growth in e-commerce and online grocery platforms requiring efficient cold chains, these factors are also driving Asia Pacific’s growth in the refrigeration coolers market.

In-depth interviews have been conducted with chief executive officers (CEOs), Directors, and other executives from various key organizations operating in the refrigeration coolers market place.

  • By Company Type: Tier 1 – 40%, Tier 2 – 35%, and Tier 3 – 25%
  • By Designation: C-level Executives – 48%, Directors – 33%, and Others – 19%
  • By Region: North America– 35%, Europe – 18%, Asia Pacific– 40% and RoW- 7%

The study includes an in-depth competitive analysis of these key players in the refrigeration coolers market, with their company profiles, recent developments, and key market strategies.

冷蔵クーラー市場 - 2029年までの世界予測 ecosystem
refrigeration-coolers-market-ecosystem

Research Coverage

This research report categorizes the refrigeration coolers market by offering, refrigerant, industry, mobility and region (North America, Europe, Asia Pacific). The report scope covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the refrigeration coolers market. A detailed analysis of the key industry players has provided insights into their business overview, solutions and services, key strategies, Contracts, partnerships, and agreements. New product and service launches, acquisitions, and recent developments associated with the refrigeration coolers market. This report covers competitive analysis of upcoming startups in the refrigeration coolers market ecosystem.

Reasons to buy this report

The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the refrigeration coolers market, and subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

  • Analysis of key drivers (growing investments in refrigerated warehouses/cold storage, rising demand for frozen and processed foods worldwide, rising demand for innovative and compact refrigeration coolers, and growing adoption of natural refrigerant-based systems due to stringent regulatory policies), restraints (High Installation cost ), opportunities (growing popularity of CO2-based cascade refrigeration systems and rising demand for frozen and processed food worldwide), and challenges (the lack of skilled personnel and growing safety concerns pose, setup issues associated with refrigeration coolers systems) influencing the growth of the refrigeration coolers market.
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the refrigeration coolers market
  • Market Development: Comprehensive information about lucrative markets – the report analyses the refrigeration coolers market across varied regions.
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the refrigeration coolers market
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like as Johnson Controls International plc (Ireland), LU-VE SPA (Italy), Lennox International (US), Kelvion Holding GmbH (Germany), Rivacold srl (Italy) among others in the refrigeration coolers market.

Table of Contents

1               INTRODUCTION              26

1.1           STUDY OBJECTIVES       26

1.2           MARKET DEFINITION   26

1.3           STUDY SCOPE   27

1.3.1        MARKETS COVERED AND REGIONAL SCOPE      27

1.3.2        YEARS CONSIDERED      28

1.3.3        INCLUSIONS AND EXCLUSIONS 28

1.4           CURRENCY CONSIDERED            29

1.5           UNITS CONSIDERED      29

1.6           LIMITATIONS    29

1.7           STAKEHOLDERS               29

1.8           SUMMARY OF CHANGES               29

2               RESEARCH METHODOLOGY       30

2.1           RESEARCH DATA              30

2.1.1        SECONDARY DATA          31

2.1.1.1    Key secondary sources         32

2.1.1.2    Key data from secondary sources       32

2.1.2        PRIMARY DATA 32

2.1.2.1    Intended participants in primary interviews    33

2.1.2.2    Key primary interview participants   33

2.1.2.3    Breakdown of primaries      33

2.1.2.4    Key industry insights           34

2.1.2.5    Key data from primary sources           34

2.1.3        SECONDARY AND PRIMARY RESEARCH 35

2.2           MARKET SIZE ESTIMATION         35

2.2.1        BOTTOM-UP APPROACH              36

2.2.1.1    Bottom-up approach for estimating market size              36

2.2.2        TOP-DOWN APPROACH                37

2.2.2.1    Top-down approach for estimating market size              37

2.3           MARKET BREAKDOWN AND DATA TRIANGULATION                 39

2.4           RESEARCH ASSUMPTIONS           40

2.5           RESEARCH LIMITATIONS             40

2.6           RISK ASSESSMENT           40

3               EXECUTIVE SUMMARY  41

4               PREMIUM INSIGHTS       45

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN REFRIGERATION COOLERS MARKET      45

4.2           REFRIGERATION COOLERS MARKET, BY OFFERING                 45

4.3           REFRIGERATION COOLERS MARKET, BY MOBILITY                 46

4.4           REFRIGERATION COOLERS MARKET, BY REFRIGERANT                 46

5               MARKET OVERVIEW       47

5.1           INTRODUCTION              47

5.2           MARKET DYNAMICS       47

5.2.1        DRIVERS               48

5.2.1.1    Increasing investments in refrigerated warehouses/cold storage facilities 48

5.2.1.2    Growing demand for frozen and processed foods           48

5.2.1.3    Shift towards low GWP refrigerants  48

5.2.1.4    Changes in global weather patterns   49

5.2.2        RESTRAINTS      50

5.2.2.1    High installation and operational costs             50

5.2.3        OPPORTUNITIES              50

5.2.3.1    Increasing demand for FMCG products           50

5.2.3.2    Adoption of IoT in refrigeration technologies 50

5.2.3.3    Surging demand for walk-in coolers  51

5.2.3.4    Growing demand in emerging applications such as healthcare and logistics  51

5.2.4        CHALLENGES    52

5.2.4.1    Lack of skilled personnel and safety concerns 52

5.2.4.2    Complexity associated with installation of refrigeration cooling systems  53

5.3           AI IMPACT ON REFRIGERATION COOLERS MARKET                 53

5.4           VALUE CHAIN ANALYSIS               55

5.4.1        RESEARCH AND DEVELOPMENT (R&D) 55

5.4.2        COMPONENT MANUFACTURERS              55

5.4.3        DISTRIBUTORS/RESELLERS        56

5.4.4        ASSEMBLERS/INSTALLERS/INTEGRATORS          56

5.4.5        END USERS         56

5.4.6        AFTER-SALES SERVICES                56

5.5           ECOSYSTEM ANALYSIS  56

5.6           INVESTMENT AND FUNDING SCENARIO               59

5.7           PRICING ANALYSIS          59

5.7.1        AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY COMPONENT    59

5.8           TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS            62

5.9           TECHNOLOGY ANALYSIS             63

5.9.1        KEY TECHNOLOGIES     63

5.9.1.1    Artificial Intelligence (AI)  63

5.9.1.2    Internet of Things (IoT)     63

5.9.2        COMPLEMENTARY TECHNOLOGIES       63

5.9.2.1    Automation            63

5.9.3        ADJACENT TECHNOLOGIES       64

5.9.3.1    Shell and tube heat exchanger            64

5.9.3.2    Spiral heat exchanger           64

5.9.3.3    Plate heat exchanger            64

5.9.3.4    Plate-fin heat exchanger      64

5.10         PORTER’S FIVE FORCES ANALYSIS           64

5.10.1      THREAT OF NEW ENTRANTS      65

5.10.2      THREAT OF SUBSTITUTES          66

5.10.3      BARGAINING POWER OF SUPPLIERS       66

5.10.4      BARGAINING POWER OF BUYERS             66

5.10.5      INTENSITY OF COMPETITIVE RIVALRY 66

5.11         KEY STAKEHOLDERS AND BUYING CRITERIA     67

5.11.1      KEY STAKEHOLDERS IN BUYING PROCESS           67

5.11.2      BUYING CRITERIA           68

5.12         CASE STUDY ANALYSIS 69

5.12.1      DANFOSS INSTALLS COMPRESSOR SYSTEM AT ANANDA FOODS (INDIA) 69

5.12.2      LU-VE GROUP OFFERS COLD STORAGE SOLUTIONS FOR CARREFOUR SUPERMARKET IN ITALY          69

5.12.3      CARREFOUR’S NORTH-WEST LOGISTICS CENTER IN RIVALTA, TURIN, ADOPTS RIVACOLD’S REFRIGERATION SOLUTIONS        70

5.12.4      INDOSPACE AND KOOL-EX PARTNERSHIP FOR TEMPERATURE-CONTROLLED WAREHOUSING 70

5.12.5      INNOVATE UK, IMS EVOLVE, AND TESCO STORES INVESTIGATE DEMAND-SIDE RESPONSE IN REFRIGERATION SYSTEMS              71

5.13         TRADE ANALYSIS             71

5.13.1      IMPORT SCENARIO (HS CODE 841869)    71

5.13.2      EXPORT SCENARIO (HS CODE 841869)    72

5.14         PATENT ANALYSIS          74

5.14.1      REFRIGERATION COOLERS MARKET: LIST OF MAJOR PATENTS             75

5.15         KEY CONFERENCES AND EVENTS, 2025  79

5.16         REGULATORY LANDSCAPE         79

5.16.1      REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             79

5.16.2      STANDARDS      81

6               REFRIGERATION COOLERS MARKET, BY OFFERING                 83

6.1           INTRODUCTION              84

6.2           CONDENSERS   85

6.2.1        AIR-COOLED     86

6.2.1.1    Air-cooled condensers suitable for use in water-scarce areas                 86

6.2.2        WATER-COOLED              86

6.2.2.1    Demand for compact condensers fueling growth of water-cooled condensers             86

6.2.3        EVAPORATIVE  86

6.2.3.1    Regulations limiting physical size of cooling systems restricting use of evaporative condensers            86

6.3           COMPRESSORS 87

6.3.1        POSITIVE DISPLACEMENT COMPRESSORS           88

6.3.1.1    Increasing demand for efficient gas compression driving positive displacement compressors  88

6.3.2        DYNAMIC COMPRESSORS            88

6.3.2.1    Need for low compression with high volume flows refrigerant fueling demand for dynamic compressors        88

6.4           EVAPORATORS & AIR COOLERS                 89

6.4.1        RISING DEMAND IN LARGE REFRIGERATION PLANTS AND CENTRAL AIR CONDITIONING PLANTS FUELING GROWTH                 89

6.4.2        AIR UNITS           89

6.4.2.1    By design type       90

6.4.2.1.1 Horizontal              90

6.4.2.1.1.1              Rising demand for refrigeration in attics or crawl spaces fueling growth of horizontal air coolers             90

6.4.2.1.2 Vertical  90

6.4.2.1.2.1              Inclination toward compact design of air coolers increasing adoption of vertical air coolers        90

6.4.2.1.3 V-shaped and angled designs             90

6.4.2.1.3.1              Demand for coolers with reduced plan dimensions driving growth of V-shaped air coolers             90

6.4.2.2    By implementation type      90

6.4.2.2.1 Ceiling/Wall          90

6.4.2.2.1.1              Increasing space crunch in buildings propelling adoption of ceiling/wall-mounted air coolers  90

6.4.2.2.2 Floor       91

6.4.2.2.2.1              Demand for air cooling in large rooms driving growth of floor air coolers     91

6.4.2.2.3 Counter/Cabinets 91

6.4.2.2.3.1              Rising need for air coolers in harsh environments fueling growth of counter/cabinet coolers        91

6.4.3        DRY COOLERS   91

6.4.3.1    Demand for efficient heat transfer contributing to growth of dry coolers    91

6.4.4        BRINE COOLERS               91

6.4.4.1    Rising installation of air coolers in commercial and industrial refrigeration fueling growth of brine coolers   91

6.4.5        BLAST/TUNNEL UNIT COOLERS               92

6.4.5.1    Demand for cold storage fueling adoption of blast unit coolers                 92

7               REFRIGERATION COOLERS MARKET, BY REFRIGERANT                 94

7.1           INTRODUCTION              95

7.2           HFC/HFO             97

7.2.1        MOST WIDELY USED REFRIGERANT TYPE FOR REFRIGERATION COOLERS         97

7.3           CO2        98

7.3.1        INCREASED DEMAND FOR HEAT RECOVERY FUELING ADOPTION

OF CO2 REFRIGERANTS                 98

7.4           NH3        99

7.4.1        NEED FOR EFFICIENT COOLING IN INDUSTRIAL APPLICATIONS CONTRIBUTING TO GROWTH OF NH3 REFRIGERANTS 99

7.5           PROPANE            100

7.5.1        DEMAND FOR ENVIRONMENTALLY FRIENDLY, AFFORDABLE OPTION PROPELLING ADOPTION OF PROPANE                 100

7.6           OTHERS                101

7.6.1        DEMAND FOR A2L REFRIGERANTS INCREASING TO ENSURE SAFE OPERATIONS        101

8               REFRIGERATION COOLERS MARKET, BY MOBILITY                 103

8.1           INTRODUCTION              104

8.2           STATIONARY     105

8.2.1        STATIONARY REFRIGERATION COOLERS WIDELY USED FOR RELIABLE, LARGE-SCALE, AND LONG-TERM COOLING SOLUTIONS        105

8.3           PORTABLE          106

8.3.1        INCREASED FOOD TRANSPORTATION DEMAND FUELING ADOPTION OF MOBILE/PORTABLE COOLING SYSTEMS              106

9               REFRIGERATION COOLERS MARKET, BY APPLICATION                 108

9.1           INTRODUCTION              109

9.2           RETAIL 111

9.2.1        SUPERMARKETS               111

9.2.1.1    Need for continuous refrigeration propelling demand for refrigeration units in supermarkets   111

9.2.2        HYPERMARKETS               112

9.2.2.1    Demand for better visibility of food on racks increasing adoption of refrigeration coolers in hypermarkets           112

9.2.3        CONVENIENCE STORES & MINI MARKETS             112

9.2.3.1    Need for walk-in freezers in convenience stores accelerating demand for refrigeration coolers        112

9.2.4        HOSPITALITY    112

9.2.4.1    Demand for cold storage of food & beverages in hotels driving adoption of refrigeration coolers        112

9.3           FOOD & BEVERAGE        116

9.3.1        FRUIT & VEGETABLE PROCESSING          116

9.3.1.1    Need for preservation of fruits & vegetables for longer periods

fueling growth       116

9.3.2        BEVERAGE PROCESSING               116

9.3.2.1    Demand for fresh beverages fueling market for refrigeration coolers    116

9.3.3        DAIRY & ICE-CREAM PROCESSING           117

9.3.3.1    Need to reduce spoilage of dairy products increasing use of refrigeration coolers             117

9.3.4        MEAT, POULTRY & FISH PROCESSING   117

9.3.4.1    Demand for refrigeration coolers high in meat, poultry, and fish processing due to their limited shelf life           117

9.4           LOGISTICS & WAREHOUSING    121

9.4.1        REFRIGERATED WAREHOUSES  121

9.4.1.1    Need for extra surveillance and maintenance of perishable items fueling demand     121

9.4.2        LOGISTICS & STORAGE ROOMS 121

9.4.2.1    Demand for timely ripening of fruits and vegetables accelerating adoption of small storage rooms         121

9.5           HEALTHCARE & PHARMACEUTICALS     124

9.5.1        VACCINE STORAGE         124

9.5.1.1    Need to ensure safety, longevity, and efficacy of medical products and vaccines to drive market               124

9.5.2        MEDICAL DEVICES          124

9.5.2.1    Refrigeration coolers used to minimize material degradation of certain critical medical devices           124

9.6           OTHER APPLICATIONS 127

9.6.1        VERTICAL FARMING       127

9.6.2        SCIENTIFIC RESEARCH  127

9.6.3        SPECIAL APPLICATIONS               127

10            REFRIGERATION COOLERS MARKET, BY REGION                 130

10.1         INTRODUCTION              131

10.2         NORTH AMERICA             132

10.2.1      MACROECONOMIC OUTLOOK FOR NORTH AMERICA                 137

10.2.2      US           137

10.2.2.1  Strict guidelines regarding storage of food to prevent spoilage and bacterial growth driving demand       137

10.2.3      CANADA               138

10.2.3.1  Rising demand for CO2 refrigerant due to increased environmental concerns      138

10.2.4      MEXICO                139

10.2.4.1  Focus on using refrigeration units with low GWP values to drive market    139

10.3         EUROPE               140

10.3.1      MACROECONOMIC OUTLOOK FOR EUROPE      146

10.3.2      GERMANY           146

10.3.2.1  Rising need for natural refrigerants to drive market in Germany                 146

10.3.3      UK          147

10.3.3.1  Rising demand for cold storage driving market in UK   147

10.3.4      FRANCE                148

10.3.4.1  Increasing adoption of refrigeration coolers in artificial ice-skating rinks to fuel market 148

10.3.5      ITALY    149

10.3.5.1  Adoption of greener refrigeration technologies using eco-friendly refrigerants to accelerate market growth          149

10.3.6      REST OF EUROPE             150

10.4         ASIA PACIFIC     151

10.4.1      MACROECONOMIC OUTLOOK FOR ASIA PACIFIC                 157

10.4.2      CHINA  158

10.4.2.1  Significant increase in demand for food, drugs, cosmetics,

and cold chain logistics to drive market            158

10.4.3      JAPAN   159

10.4.3.1  Market characterized by shifting focus toward implementation of natural refrigerant-based systems      159

10.4.4      INDIA    160

10.4.4.1  Government initiatives for setting up cold chain networks across country to augment market growth   160

10.4.5      SOUTH KOREA  161

10.4.5.1  Presence of large refrigerated warehousing capacity to propel

market growth       161

10.4.6      REST OF ASIA PACIFIC   162

10.5         REST OF THE WORLD (ROW)      163

10.5.1      MACROECONOMIC OUTLOOK FOR ROW              167

10.5.2      MIDDLE EAST   167

10.5.2.1  Increasing investments in warehouses and cold storage facilities to fuel demand      167

10.5.3      AFRICA 168

10.5.3.1  Food security, healthcare, pharmaceuticals, and export-driven agribusiness to drive market               168

10.5.4      SOUTH AMERICA             169

10.5.4.1  Increasing demand in commercial applications, especially supermarkets, to fuel market growth 169

11            COMPETITIVE LANDSCAPE         171

11.1         OVERVIEW          171

11.2         KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2024                 171

11.3         REVENUE ANALYSIS, 2019–2023  172

11.4         MARKET SHARE ANALYSIS, 2023                 173

11.5         COMPANY VALUATION AND FINANCIAL METRICS                 175

11.6         BRAND/PRODUCT COMPARISON             176

11.7         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023                 177

11.7.1      STARS   177

11.7.2      EMERGING LEADERS     177

11.7.3      PERVASIVE PLAYERS      177

11.7.4      PARTICIPANTS 177

11.7.5      COMPANY FOOTPRINT: KEY PLAYERS, 2023         179

11.7.5.1  Company footprint               179

11.7.5.2  Region footprint   180

11.7.5.3  Offering footprint 181

11.7.5.4  Mobility footprint 182

11.7.5.5  Application footprint            183

11.8         COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023        184

11.8.1      PROGRESSIVE COMPANIES         184

11.8.2      RESPONSIVE COMPANIES            184

11.8.3      DYNAMIC COMPANIES  184

11.8.4      STARTING BLOCKS         184

11.8.5      COMPETITIVE BENCHMARKING, STARTUPS/SMES, 2023                 186

11.8.5.1  Detailed list of key startups/SMEs    186

11.8.5.2  Competitive benchmarking of key startups/SMEs          186

11.9         COMPETITIVE SCENARIO             187

11.9.1      PRODUCT LAUNCHES   187

11.9.2      DEALS  188

11.9.3      EXPANSIONS     189

11.9.4      OTHER DEVELOPMENTS              190

12            COMPANY PROFILES      191

12.1         KEY PLAYERS     191

12.1.1      JOHNSON CONTROLS    191

12.1.1.1  Business overview 191

12.1.1.2  Products/Solutions/Services offered 192

12.1.1.3  Recent developments           196

12.1.1.3.1                Product launches  196

12.1.1.3.2                Deals      197

12.1.1.4  MnM view              198

12.1.1.4.1                Key strengths/Right to win 198

12.1.1.4.2                Strategic choices   198

12.1.1.4.3                Weaknesses and competitive threats 198

12.1.2      LU-VE   199

12.1.2.1  Business overview 199

12.1.2.2  Products/Solutions/Services offered 201

12.1.2.3  Recent developments           220

12.1.2.3.1                Deals      220

12.1.2.3.2                Expansions             221

12.1.2.3.3                Other developments             222

12.1.2.4  MnM view              222

12.1.2.4.1                Key strengths/Right to win 222

12.1.2.4.2                Strategic choices   222

12.1.2.4.3                Weaknesses and competitive threats 223

12.1.3      KELVION HOLDING GMBH          224

12.1.3.1  Business overview 224

12.1.3.2  Products/Solutions/Services offered 224

12.1.3.3  Recent developments           231

12.1.3.3.1                Product launches  231

12.1.3.3.2                Deals      232

12.1.3.3.3                Expansions             233

12.1.3.4  MnM view              233

12.1.3.4.1                Key strengths/Right to win 233

12.1.3.4.2                Strategic choices   233

12.1.3.4.3                Weaknesses and competitive threats 233

12.1.4      RIVACOLD SRL  234

12.1.4.1  Business overview 234

12.1.4.2  Products/Solutions/Services offered 235

12.1.4.3  MnM view              238

12.1.4.3.1                Key strengths/Right to win 238

12.1.4.3.2                Strategic choices   238

12.1.4.3.3                Weaknesses and competitive threats 238

12.1.5      LENNOX INTERNATIONAL INC. 239

12.1.5.1  Business overview 239

12.1.5.2  Products/Solutions/Services offered 241

12.1.5.3  Recent developments           247

12.1.5.3.1                Product launches  247

12.1.5.4  MnM view              247

12.1.5.4.1                Key strengths/Right to win 247

12.1.5.4.2                Strategic choices   247

12.1.5.4.3                Weaknesses and competitive threats 248

12.1.6      GÜNTNER GMBH & CO. KG          249

12.1.6.1  Business overview 249

12.1.6.2  Products/Solutions/Services offered 249

12.1.7      COPELAND LP  254

12.1.7.1  Business overview 254

12.1.7.2  Products/Solutions/Services offered 254

12.1.7.3  Recent developments           255

12.1.7.3.1                Product launches  255

12.1.7.3.2                Deals      256

12.1.7.3.3                Expansions             256

12.1.8      DANFOSS             258

12.1.8.1  Business overview 258

12.1.8.2  Products/Solutions/Services offered 260

12.1.8.3  Recent developments           260

12.1.8.3.1                Product launches  260

12.1.8.3.2                Deals      261

12.1.8.3.3                Other developments             261

12.1.9      MODINE MANUFACTURING COMPANY 263

12.1.9.1  Business overview 263

12.1.9.2  Products/Solutions/Services offered 264

12.1.9.3  Recent developments           268

12.1.9.3.1                Deals      268

12.1.9.3.2                Expansions             268

12.1.9.3.3                Other developments             269

12.1.10   EVAPCO               270

12.1.10.1                 Business overview 270

12.1.10.2                 Products/Solutions/Services offered 270

12.1.11   THERMOFIN      279

12.1.11.1                 Business overview 279

12.1.11.2                 Products/Solutions/Services offered 279

12.2         OTHER PLAYERS              281

12.2.1      STEFANI               281

12.2.2      ONDA S.P.A.       282

12.2.3      ROEN EST            283

12.2.4      KFL         284

12.2.5      WALTER ROLLER              285

12.2.6      CABERO               286

12.2.7      THERMOKEY     287

12.2.8      KOXKA 288

12.2.9      CENTAURO INTERNACIONAL    290

12.2.10   BALTIMORE AIRCOIL COMPANY, INC.   290

12.2.11   FRITERM              292

12.2.12   DAIKIN 293

12.2.13   PROFROID          294

12.2.14   ROCKWELL INDUSTRIES LIMITED           295

12.2.15   MUKUNDA FOODS PRIVATE LIMITED   296

12.2.16   BLUE STAR LIMITED      297

12.2.17   WSL REFRIGERATION D.O.O.      298

13            APPENDIX           299

13.1         INSIGHTS FROM INDUSTRY EXPERTS     299

13.2         DISCUSSION GUIDE        300

13.3         KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL                304

13.4         CUSTOMIZATION OPTIONS        306

13.5         RELATED REPORTS         306

13.6         AUTHOR DETAILS           307

LIST OF TABLES

TABLE 1                REFRIGERATION COOLERS MARKET: ROLE OF COMPANIES IN ECOSYSTEM       58

TABLE 2                AVERAGE SELLING PRICE TREND OF REFRIGERATION COOLER COMPONENTS PROVIDED BY MAJOR PLAYERS (USD) 60

TABLE 3                INDICATIVE SELLING PRICE OF REFRIGERATION COOLER SYSTEM,

BY COMPONENT, 2020−2023 (USD)         60

TABLE 4                INDICATIVE PRICING OF REFRIGERATION COOLERS, BY REGION   61

TABLE 5                REFRIGERATION COOLERS MARKET: PORTER’S FIVE FORCES ANALYSIS 65

TABLE 6                INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS (%)  67

TABLE 7                KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS 68

TABLE 8                IMPORT SCENARIO (HS CODE 841869)    72

TABLE 9                EXPORT SCENARIO (HS CODE 841869)    73

TABLE 10              REFRIGERATION COOLERS MARKET: CONFERENCES AND EVENTS, 2025           79

TABLE 11              NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS                 80

TABLE 12              EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  80

TABLE 13              ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  81

TABLE 14              ROW: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS           81

TABLE 15              REFRIGERATION COOLERS MARKET: KEY STANDARDS      82

TABLE 16              REFRIGERATION COOLERS MARKET, BY OFFERING, 2020–2023 (USD MILLION)     85

TABLE 17              REFRIGERATION COOLERS MARKET, BY OFFERING, 2024–2029 (USD MILLION)     85

TABLE 18              CONDENSERS: REFRIGERATION COOLERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            87

TABLE 19              CONDENSERS: REFRIGERATION COOLERS MARKET, BY APPLICATION,

2024–2029 (USD MILLION))           87

TABLE 20              COMPRESSORS: REFRIGERATION COOLERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            88

TABLE 21              COMPRESSORS: REFRIGERATION COOLERS MARKET, BY APPLICATION,

2024–2029 (USD MILLION))           89

TABLE 22              EVAPORATORS & AIR COOLERS: REFRIGERATION COOLERS MARKET,

BY APPLICATION, 2020–2023 (USD MILLION)       92

TABLE 23              EVAPORATORS & AIR COOLERS: REFRIGERATION COOLERS MARKET,

BY APPLICATION, 2024–2029 (USD MILLION)       93

TABLE 24              REFRIGERATION COOLERS MARKET, BY REFRIGERANT,

2020–2023 (USD MILLION)            96

TABLE 25              REFRIGERATION COOLERS MARKET, BY REFRIGERANT,

2024–2029 (USD MILLION)            96

TABLE 26              HFC/HFO: REFRIGERATION COOLERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            97

TABLE 27              HFC/HFO: REFRIGERATION COOLERS MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            97

TABLE 28              CO2: REFRIGERATION COOLERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            98

TABLE 29              CO2: REFRIGERATION COOLERS MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            99

TABLE 30              NH3: REFRIGERATION COOLERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            100

TABLE 31              NH3: REFRIGERATION COOLERS MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            100

TABLE 32              PROPANE: REFRIGERATION COOLERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            101

TABLE 33              PROPANE: REFRIGERATION COOLERS MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            101

TABLE 34              OTHERS: REFRIGERATION COOLERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            102

TABLE 35              OTHERS: REFRIGERATION COOLERS MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            102

TABLE 36              REFRIGERATION COOLERS MARKET, BY MOBILITY, 2020–2023 (USD MILLION)     104

TABLE 37              REFRIGERATION COOLERS MARKET, BY MOBILITY, 2024–2029 (USD MILLION)     104

TABLE 38              STATIONARY: REFRIGERATION COOLERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            105

TABLE 39              STATIONARY: REFRIGERATION COOLERS MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            106

TABLE 40              PORTABLE: REFRIGERATION COOLERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            106

TABLE 41              PORTABLE: REFRIGERATION COOLERS MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            107

TABLE 42              REFRIGERATION COOLERS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)              110

TABLE 43              REFRIGERATION COOLERS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)              110

TABLE 44              REFRIGERATION COOLERS MARKET, BY APPLICATION,

2020–2023 (THOUSAND UNITS)  110

TABLE 45              REFRIGERATION COOLERS MARKET, BY APPLICATION,

2024–2029 ( THOUSAND UNITS) 110

TABLE 46              RETAIL: REFRIGERATION COOLERS MARKET, BY OFFERING,

2020–2023 (USD MILLION)            113

TABLE 47              RETAIL: REFRIGERATION COOLERS MARKET, BY OFFERING,

2024–2029 (USD MILLION)            113

TABLE 48              RETAIL: REFRIGERATION COOLERS MARKET, BY REFRIGERANT,

2020–2023 (USD MILLION)            113

TABLE 49              RETAIL: REFRIGERATION COOLERS MARKET, BY REFRIGERANT,

2024–2029 (USD MILLION)            114

TABLE 50              RETAIL: REFRIGERATION COOLERS MARKET, BY MOBILITY,

2020–2023 (USD MILLION)            114

TABLE 51              RETAIL: REFRIGERATION COOLERS MARKET, BY MOBILITY,

2024–2029 (USD MILLION)            114

TABLE 52              RETAIL: REFRIGERATION COOLERS MARKET, BY REGION,

2020–2023 (USD MILLION)            115

TABLE 53              RETAIL: REFRIGERATION COOLERS MARKET, BY REGION,

2024–2029 (USD MILLION)            115

TABLE 54              FOOD & BEVERAGE: REFRIGERATION COOLERS MARKET, BY OFFERING,

2020–2023 (USD MILLION)            118

TABLE 55              FOOD & BEVERAGE: REFRIGERATION COOLERS MARKET, BY OFFERING,

2024–2029 (USD MILLION)            118

TABLE 56              FOOD & BEVERAGE: REFRIGERATION COOLERS MARKET, BY REFRIGERANT, 2020–2023 (USD MILLION)  119

TABLE 57              FOOD & BEVERAGE: REFRIGERATION COOLERS MARKET, BY REFRIGERANT, 2024–2029 (USD MILLION)  119

TABLE 58              FOOD & BEVERAGE: REFRIGERATION COOLERS MARKET, BY MOBILITY,

2020–2023 (USD MILLION)            119

TABLE 59              FOOD & BEVERAGE: REFRIGERATION COOLERS MARKET, BY MOBILITY,

2024–2029 (USD MILLION)            120

TABLE 60              FOOD & BEVERAGE: REFRIGERATION COOLERS MARKET, BY REGION,

2020–2023 (USD MILLION)            120

TABLE 61              FOOD & BEVERAGE: REFRIGERATION COOLERS MARKET, BY REGION,

2024–2029 (USD MILLION)            120

TABLE 62              LOGISTICS & WAREHOUSING: REFRIGERATION COOLERS MARKET,

BY OFFERING, 2020–2023 (USD MILLION)               121

TABLE 63              LOGISTICS & WAREHOUSING: REFRIGERATION COOLERS MARKET,

BY OFFERING, 2024–2029 (USD MILLION)               122

TABLE 64              LOGISTICS & WAREHOUSING: REFRIGERATION COOLERS MARKET,

BY REFRIGERANT, 2020–2023 (USD MILLION)      122

TABLE 65              LOGISTICS & WAREHOUSING: REFRIGERATION COOLERS MARKET,

BY REFRIGERANT, 2024–2029 (USD MILLION)      122

TABLE 66              LOGISTICS & WAREHOUSING: REFRIGERATION COOLERS MARKET,

BY MOBILITY, 2020–2023 (USD MILLION)               123

TABLE 67              LOGISTICS & WAREHOUSING: REFRIGERATION COOLERS MARKET,

BY MOBILITY, 2024–2029 (USD MILLION)               123

TABLE 68              LOGISTICS & WAREHOUSING: REFRIGERATION COOLERS MARKET,

BY REGION, 2020–2023 (USD MILLION)   123

TABLE 69              LOGISTICS & WAREHOUSING: REFRIGERATION COOLERS MARKET,

BY REGION, 2024–2029 (USD MILLION)   123

TABLE 70              HEALTHCARE & PHARMACEUTICALS: REFRIGERATION COOLERS MARKET,

BY OFFERING, 2020–2023 (USD MILLION)               124

TABLE 71              HEALTHCARE & PHARMACEUTICALS: REFRIGERATION COOLERS MARKET,

BY OFFERING, 2024–2029 (USD MILLION)               125

TABLE 72              HEALTHCARE & PHARMACEUTICALS: REFRIGERATION COOLERS MARKET,

BY REFRIGERANT, 2020–2023 (USD MILLION)      125

TABLE 73              HEALTHCARE & PHARMACEUTICALS: REFRIGERATION COOLERS MARKET,

BY REFRIGERANT, 2024–2029 (USD MILLION)      125

TABLE 74              HEALTHCARE & PHARMACEUTICALS: REFRIGERATION COOLERS MARKET,

BY MOBILITY, 2020–2023 (USD MILLION)               126

TABLE 75              HEALTHCARE & PHARMACEUTICALS: REFRIGERATION COOLERS MARKET,

BY MOBILITY, 2024–2029 (USD MILLION)               126

TABLE 76              HEALTHCARE & PHARMACEUTICALS: REFRIGERATION COOLERS MARKET,

BY REGION, 2020–2023 (USD MILLION)   126

TABLE 77              HEALTHCARE & PHARMACEUTICALS: REFRIGERATION COOLERS MARKET,

BY REGION, 2024–2029 (USD MILLION)   126

TABLE 78              OTHER APPLICATIONS: REFRIGERATION COOLERS MARKET, BY OFFERING,

2020–2023 (USD MILLION)            127

TABLE 79              OTHER APPLICATIONS: REFRIGERATION COOLERS MARKET, BY OFFERING,

2024–2029 (USD MILLION)            128

TABLE 80              OTHER APPLICATIONS: REFRIGERATION COOLERS MARKET, BY REFRIGERANT, 2020–2023 (USD MILLION)            128

TABLE 81              OTHER APPLICATIONS: REFRIGERATION COOLERS MARKET, BY REFRIGERANT, 2024–2029 (USD MILLION)            128

TABLE 82              OTHER APPLICATIONS: REFRIGERATION COOLERS MARKET, BY MOBILITY,

2020–2023 (USD MILLION)            129

TABLE 83              OTHER APPLICATIONS: REFRIGERATION COOLERS MARKET, BY MOBILITY,

2024–2029 (USD MILLION)            129

TABLE 84              OTHER APPLICATIONS: REFRIGERATION COOLERS MARKET, BY REGION,

2020–2023 (USD MILLION)            129

TABLE 85              OTHER APPLICATIONS: REFRIGERATION COOLERS MARKET, BY REGION, 2024–2029 (USD MILLION)                 129

TABLE 86              REFRIGERATION COOLERS MARKET, BY REGION, 2020–2023 (USD MILLION)          131

TABLE 87              REFRIGERATION COOLERS MARKET, BY REGION, 2024–2029 (USD MILLION)          132

TABLE 88              NORTH AMERICA: REFRIGERATION COOLERS MARKET, BY COUNTRY,

2020–2023 (USD MILLION)            133

TABLE 89              NORTH AMERICA: REFRIGERATION COOLERS MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            134

TABLE 90              NORTH AMERICA: REFRIGERATION COOLERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            134

TABLE 91              NORTH AMERICA: REFRIGERATION COOLERS MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            134

TABLE 92              NORTH AMERICA: REFRIGERATION COOLERS MARKET IN FOOD & BEVERAGE,

BY COUNTRY, 2020–2023 (USD MILLION)               135

TABLE 93              NORTH AMERICA: REFRIGERATION COOLERS MARKET IN FOOD & BEVERAGE,

BY COUNTRY, 2024–2029 (USD MILLION)               135

TABLE 94              NORTH AMERICA: REFRIGERATION COOLERS MARKET IN RETAIL,

BY COUNTRY, 2020–2023 (USD MILLION)               135

TABLE 95              NORTH AMERICA: REFRIGERATION COOLERS MARKET IN RETAIL,

BY COUNTRY, 2024–2029 (USD MILLION)               135

TABLE 96              NORTH AMERICA: REFRIGERATION COOLERS MARKET IN LOGISTICS & WAREHOUSING, BY COUNTRY, 2020–2023 (USD MILLION)       136

TABLE 97              NORTH AMERICA: REFRIGERATION COOLERS MARKET IN LOGISTICS & WAREHOUSING, BY COUNTRY, 2024–2029 (USD MILLION)       136

TABLE 98              NORTH AMERICA: REFRIGERATION COOLERS MARKET IN HEALTHCARE & PHARMACEUTICALS, BY COUNTRY, 2020–2023 (USD MILLION)            136

TABLE 99              NORTH AMERICA: REFRIGERATION COOLERS MARKET IN HEALTHCARE & PHARMACEUTICALS, BY COUNTRY, 2024–2029 (USD MILLION)            136

TABLE 100            NORTH AMERICA: REFRIGERATION COOLERS MARKET IN OTHER APPLICATIONS,

BY COUNTRY, 2020–2023 (USD MILLION)               137

TABLE 101            NORTH AMERICA: REFRIGERATION COOLERS MARKET IN OTHER APPLICATIONS,

BY COUNTRY, 2024–2029 (USD MILLION)               137

TABLE 102            US: REFRIGERATION COOLERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            138

TABLE 103            US: REFRIGERATION COOLERS MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            138

TABLE 104            CANADA: REFRIGERATION COOLERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            139

TABLE 105            CANADA: REFRIGERATION COOLERS MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            139

TABLE 106            MEXICO: REFRIGERATION COOLERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            140

TABLE 107            MEXICO: REFRIGERATION COOLERS MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            140

TABLE 108            EUROPE: REFRIGERATION COOLERS MARKET, BY COUNTRY,

2020–2023 (USD MILLION)            142

TABLE 109            EUROPE: REFRIGERATION COOLERS MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            142

TABLE 110            EUROPE: REFRIGERATION COOLERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            142

TABLE 111            EUROPE: REFRIGERATION COOLERS MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            143

TABLE 112            EUROPE: REFRIGERATION COOLERS MARKET IN FOOD & BEVERAGE,

BY COUNTRY, 2020–2023 (USD MILLION)               143

TABLE 113            EUROPE: REFRIGERATION COOLERS MARKET IN FOOD & BEVERAGE,

BY COUNTRY, 2024–2029 (USD MILLION)               143

TABLE 114            EUROPE: REFRIGERATION COOLERS MARKET IN RETAIL, BY COUNTRY,

2020–2023 (USD MILLION)            144

TABLE 115            EUROPE: REFRIGERATION COOLERS MARKET IN RETAIL, BY COUNTRY,

2024–2029 (USD MILLION)            144

TABLE 116            EUROPE: REFRIGERATION COOLERS MARKET IN LOGISTICS & WAREHOUSING,

BY COUNTRY, 2020–2023 (USD MILLION)               144

TABLE 117            EUROPE: REFRIGERATION COOLERS MARKET IN LOGISTICS & WAREHOUSING,

BY COUNTRY, 2024–2029 (USD MILLION)               145

TABLE 118            EUROPE: REFRIGERATION COOLERS MARKET IN HEALTHCARE & PHARMACEUTICALS, BY COUNTRY, 2020–2023 (USD MILLION)       145

TABLE 119            EUROPE: REFRIGERATION COOLERS MARKET IN HEALTHCARE & PHARMACEUTICALS, BY COUNTRY, 2024–2029 (USD MILLION)       145

TABLE 120            EUROPE: REFRIGERATION COOLERS MARKET IN OTHER APPLICATIONS,

BY COUNTRY, 2020–2023 (USD MILLION)               146

TABLE 121            EUROPE: REFRIGERATION COOLERS MARKET IN OTHER APPLICATIONS,

BY COUNTRY, 2024–2029 (USD MILLION)               146

TABLE 122          GERMANY: REFRIGERATION COOLERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            147

TABLE 123          GERMANY: REFRIGERATION COOLERS MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            147

TABLE 124            UK: REFRIGERATION COOLERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            148

TABLE 125            UK: REFRIGERATION COOLERS MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            148

TABLE 126            FRANCE: REFRIGERATION COOLERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            149

TABLE 127            FRANCE: REFRIGERATION COOLERS MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            149

TABLE 128            ITALY: REFRIGERATION COOLERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            150

TABLE 129            ITALY: REFRIGERATION COOLERS MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            150

TABLE 130            REST OF EUROPE: REFRIGERATION COOLERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            151

TABLE 131            REST OF EUROPE: REFRIGERATION COOLERS MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            151

TABLE 132            ASIA PACIFIC: REFRIGERATION COOLERS MARKET, BY COUNTRY,

2020–2023 (USD MILLION)            153

TABLE 133            ASIA PACIFIC: REFRIGERATION COOLERS MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            153

TABLE 134            ASIA PACIFIC: REFRIGERATION COOLERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            153

TABLE 135            ASIA PACIFIC: REFRIGERATION COOLERS MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            154

TABLE 136            ASIA PACIFIC: REFRIGERATION COOLERS MARKET IN FOOD & BEVERAGE,

BY COUNTRY, 2020–2023 (USD MILLION)               154

TABLE 137            ASIA PACIFIC: REFRIGERATION COOLERS MARKET IN FOOD & BEVERAGE,

BY COUNTRY, 2024–2029 (USD MILLION)               154

TABLE 138            ASIA PACIFIC: REFRIGERATION COOLERS MARKET IN RETAIL, BY COUNTRY,

2020–2023 (USD MILLION)            155

TABLE 139            ASIA PACIFIC: REFRIGERATION COOLERS MARKET IN RETAIL, BY COUNTRY,

2024–2029 (USD MILLION)            155

TABLE 140            ASIA PACIFIC: REFRIGERATION COOLERS MARKET IN LOGISTICS & WAREHOUSING, BY COUNTRY, 2020–2023 (USD MILLION)       155

TABLE 141            ASIA PACIFIC: REFRIGERATION COOLERS MARKET IN LOGISTICS & WAREHOUSING, BY COUNTRY, 2024–2029 (USD MILLION)       156

TABLE 142            ASIA PACIFIC: REFRIGERATION COOLERS MARKET IN HEALTHCARE & PHARMACEUTICALS, BY COUNTRY, 2020–2023 (USD MILLION)            156

TABLE 143            ASIA PACIFIC: REFRIGERATION COOLERS MARKET IN HEALTHCARE & PHARMACEUTICALS, BY COUNTRY, 2024–2029 (USD MILLION)            156

TABLE 144            ASIA PACIFIC: REFRIGERATION COOLERS MARKET IN OTHER APPLICATIONS,

BY COUNTRY, 2020–2023 (USD MILLION)               157

TABLE 145            ASIA PACIFIC: REFRIGERATION COOLERS MARKET IN OTHER APPLICATIONS,

BY COUNTRY, 2024–2029 (USD MILLION)               157

TABLE 146            CHINA: REFRIGERATION COOLERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            158

TABLE 147            CHINA: REFRIGERATION COOLERS MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            158

TABLE 148            JAPAN: REFRIGERATION COOLERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            159

TABLE 149            JAPAN: REFRIGERATION COOLERS MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            159

TABLE 150            INDIA: REFRIGERATION COOLERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            160

TABLE 151            INDIA: REFRIGERATION COOLERS MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            160

TABLE 152            SOUTH KOREA: REFRIGERATION COOLERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            161

TABLE 153            SOUTH KOREA: REFRIGERATION COOLERS MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            161

TABLE 154            REST OF ASIA PACIFIC: REFRIGERATION COOLERS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)                 162

TABLE 155            REST OF ASIA PACIFIC: REFRIGERATION COOLERS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)                 162

TABLE 156            ROW: REFRIGERATION COOLERS MARKET, BY REGION,

2020–2023 (USD MILLION)            163

TABLE 157            ROW: REFRIGERATION COOLERS MARKET, BY REGION,

2024–2029 (USD MILLION)            163

TABLE 158            ROW: REFRIGERATION COOLERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            163

TABLE 159            ROW: REFRIGERATION COOLERS MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            164

TABLE 160            ROW: REFRIGERATION COOLERS MARKET IN FOOD & BEVERAGE,

BY REGION, 2020–2023 (USD MILLION)   164

TABLE 161            ROW: REFRIGERATION COOLERS MARKET IN FOOD & BEVERAGE,

BY REGION, 2024–2029 (USD MILLION)   164

TABLE 162            ROW: REFRIGERATION COOLERS MARKET IN RETAIL, BY REGION,

2020–2023 (USD MILLION)            165

TABLE 163            ROW: REFRIGERATION COOLERS MARKET IN RETAIL, BY REGION,

2024–2029 (USD MILLION)            165

TABLE 164            ROW: REFRIGERATION COOLERS MARKET IN LOGISTICS & WAREHOUSING,

BY REGION, 2020–2023 (USD MILLION)   165

TABLE 165            ROW: REFRIGERATION COOLERS MARKET IN LOGISTICS & WAREHOUSING,

BY REGION, 2024–2029 (USD MILLION)   166

TABLE 166            ROW: REFRIGERATION COOLERS MARKET IN HEALTHCARE & PHARMACEUTICALS, BY REGION, 2020–2023 (USD MILLION) 166

TABLE 167            ROW: REFRIGERATION COOLERS MARKET IN HEALTHCARE & PHARMACEUTICALS, BY REGION, 2024–2029 (USD MILLION) 166

TABLE 168            ROW: REFRIGERATION COOLERS MARKET IN OTHER APPLICATIONS,

BY REGION, 2020–2023 (USD MILLION)   166

TABLE 169            ROW: REFRIGERATION COOLERS MARKET IN OTHER APPLICATIONS,

BY REGION, 2024–2029 (USD MILLION)   167

TABLE 170            MIDDLE EAST: REFRIGERATION COOLERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            168

TABLE 171            MIDDLE EAST: REFRIGERATION COOLERS MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            168

TABLE 172            AFRICA: REFRIGERATION COOLERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            169

TABLE 173            AFRICA: REFRIGERATION COOLERS MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            169

TABLE 174            SOUTH AMERICA: REFRIGERATION COOLERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            170

TABLE 175            SOUTH AMERICA: REFRIGERATION COOLERS MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            170

TABLE 176            STRATEGIES ADOPTED BY KEY PLAYERS, 2020–2024        171

TABLE 177            REFRIGERATION COOLERS MARKET: DEGREE OF COMPETITION, 2023                 173

TABLE 178            REFRIGERATION COOLERS MARKET: REGION FOOTPRINT       180

TABLE 179            REFRIGERATION COOLERS MARKET: OFFERING FOOTPRINT       181

TABLE 180            REFRIGERATION COOLERS MARKET: MOBILITY FOOTPRINT       182

TABLE 181            REFRIGERATION COOLERS MARKET: APPLICATION FOOTPRINT         183

TABLE 182            REFRIGERATION COOLERS MARKET: LIST OF KEY STARTUPS/SMES    186

TABLE 183            REFRIGERATION COOLERS MARKET: COMPETITIVE BENCHMARKING

OF KEY STARTUPS/SMES              186

TABLE 184            REFRIGERATION COOLERS MARKET: PRODUCT LAUNCHES,

JANUARY 2020–DECEMBER 2024 187

TABLE 185            REFRIGERATION COOLERS MARKET: DEALS, JANUARY 2020–DECEMBER 2024 188

TABLE 186            REFRIGERATION COOLERS MARKET: EXPANSIONS, JANUARY 2020–

DECEMBER 2024                189

TABLE 187            REFRIGERATION COOLERS MARKET: OTHER DEVELOPMENTS, JANUARY 2020–DECEMBER 2024            190

TABLE 188            JOHNSON CONTROLS: COMPANY OVERVIEW                 191

TABLE 189            JOHNSON CONTROLS: PRODUCTS/SOLUTIONS/SERVICES OFFERED    192

TABLE 190            JOHNSON CONTROLS: PRODUCT LAUNCHES                 196

TABLE 191            JOHNSON CONTROLS: DEALS    197

TABLE 192            LU-VE: COMPANY OVERVIEW    199

TABLE 193            LU-VE: PRODUCTS/SOLUTIONS/SERVICES OFFERED             201

TABLE 194            LU-VE: DEALS   220

TABLE 195            LU-VE GROUP: EXPANSIONS      221

TABLE 196            LU-VE GROUP: OTHER DEVELOPMENTS                 222

TABLE 197            KELVION HOLDING GMBH: COMPANY OVERVIEW          224

TABLE 198            KELVION HOLDING GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED    224

TABLE 199            KELVION HOLDING GMBH: PRODUCT LAUNCHES          231

TABLE 200            KELVION HOLDING GMBH: DEALS          232

TABLE 201            KELVION HOLDING GMBH: EXPANSIONS                 233

TABLE 202            RIVACOLD SRL: COMPANY OVERVIEW  234

TABLE 203            RIVACOLD SRL: PRODUCTS/SOLUTIONS/SERVICES OFFERED    235

TABLE 204            LENNOX INTERNATIONAL INC.: COMPANY OVERVIEW          240

TABLE 205            LENNOX INTERNATIONAL INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    241

TABLE 206            LENNOX INTERNATIONAL: PRODUCT LAUNCHES          247

TABLE 207            GÜNTNER GMBH & CO. KG: COMPANY OVERVIEW          249

TABLE 208            GÜNTNER GMBH & CO. KG: PRODUCTS/SOLUTIONS/SERVICES OFFERED    249

TABLE 209            COPELAND LP: COMPANY OVERVIEW   254

TABLE 210            COPELAND LP: PRODUCTS/SOLUTIONS/SERVICES OFFERED    254

TABLE 211            COPELAND LP: PRODUCT LAUNCHES   255

TABLE 212            COPELAND LP: DEALS  256

TABLE 213            COPELAND LP: EXPANSIONS     256

TABLE 214            DANFOSS: COMPANY OVERVIEW              258

TABLE 215            DANFOSS: PRODUCTS/SOLUTIONS/SERVICES OFFERED             260

TABLE 216            DANFOSS: PRODUCT LAUNCHES              260

TABLE 217            DANFOSS: DEALS             261

TABLE 218            DANFOSS: OTHER DEVELOPMENTS       261

TABLE 219            MODINE MANUFACTURING COMPANY: COMPANY OVERVIEW   263

TABLE 220            MODINE MANUFACTURING COMPANY: PRODUCTS/SOLUTIONS/

SERVICES OFFERED        264

TABLE 221            MODINE MANUFACTURING COMPANY: DEALS                 268

TABLE 222            MODINE MANUFACTURING COMPANY: EXPANSIONS     268

TABLE 223            MODINE MANUFACTURING COMPANY: OTHER DEVELOPMENTS              269

TABLE 224            EVAPCO: COMPANY OVERVIEW                270

TABLE 225            EVAPCO: PRODUCTS/SOLUTIONS/SERVICES OFFERED             270

TABLE 226            THERMOFIN: COMPANY OVERVIEW       279

TABLE 227            THERMOFIN: PRODUCTS/SOLUTIONS/SERVICES OFFERED    279

TABLE 228            STEFANI: COMPANY OVERVIEW                281

TABLE 229            ONDA S.P.A.: COMPANY OVERVIEW        282

TABLE 230            ROEN EST: COMPANY OVERVIEW             283

TABLE 231            KFL: COMPANY OVERVIEW         284

TABLE 232            WALTER ROLLER: COMPANY OVERVIEW                 285

TABLE 233            CABERO: COMPANY OVERVIEW                286

TABLE 234            THERMOKEY: COMPANY OVERVIEW      287

TABLE 235            KOXKA: COMPANY OVERVIEW  288

TABLE 236            CENTAURO INTERNACIONAL: COMPANY OVERVIEW          290

TABLE 237            BALTIMORE AIRCOIL COMPANY, INC.: COMPANY OVERVIEW   290

TABLE 238            FRITERM: COMPANY OVERVIEW               292

TABLE 239            DAIKIN: COMPANY OVERVIEW  293

TABLE 240            PROFROID: COMPANY OVERVIEW           294

TABLE 241            ROCKWELL INDUSTRIES LIMITED: COMPANY OVERVIEW          295

TABLE 242            MUKUNDA FOODS PRIVATE LIMITED: COMPANY OVERVIEW   296

TABLE 243            BLUE STAR LIMITED: COMPANY OVERVIEW                 297

TABLE 244            WSL REFRIGERATION D.O.O.: COMPANY OVERVIEW          298

LIST OF FIGURES

FIGURE 1              REFRIGERATION COOLERS MARKET SEGMENTATION              27

FIGURE 2              REFRIGERATION COOLERS MARKET: PROCESS FLOW OF MARKET SIZE ESTIMATION    30

FIGURE 3              REFRIGERATION COOLERS MARKET: RESEARCH DESIGN         31

FIGURE 4              MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH              36

FIGURE 5              MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH                37

FIGURE 6              MARKET SIZE ESTIMATION METHODOLOGY (SUPPLY SIDE): REVENUE GENERATED BY KEY PLAYERS FROM REFRIGERATION COOLING SYSTEMS     38

FIGURE 7              DATA TRIANGULATION: REFRIGERATION COOLERS MARKET          39

FIGURE 8              EVAPORATORS & AIR COOLERS SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2029             41

FIGURE 9              NH3 SEGMENT TO ACCOUNT FOR LARGEST SHARE OF REFRIGERATION COOLERS MARKET IN 2029 42

FIGURE 10            RETAIL TO BE LARGEST APPLICATION OF REFRIGERATION COOLERS DURING FORECAST PERIOD                 43

FIGURE 11            ASIA PACIFIC TO RECORD HIGHEST CAGR IN REFRIGERATION COOLERS MARKET DURING FORECAST PERIOD                43

FIGURE 12            INCREASING DEMAND FOR FRESH AND FROZEN FOOD DRIVING REFRIGERATION COOLERS MARKET      45

FIGURE 13            EVAPORATORS & AIR COOLERS SEGMENT TO ACCOUNT FOR LARGEST

MARKET SHARE                45

FIGURE 14            STATIONARY REFRIGERATION COOLERS SEGMENT TO DOMINATE MARKET IN 2024          46

FIGURE 15            NH3 REFRIGERANT TO LEAD REFRIGERATION COOLERS MARKET IN 2029           46

FIGURE 16            REFRIGERATION COOLERS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES,

AND CHALLENGES          47

FIGURE 17            REFRIGERATION COOLERS MARKET: DRIVERS AND THEIR IMPACT       49

FIGURE 18            REFRIGERATION COOLERS MARKET: RESTRAINTS AND THEIR IMPACT             50

FIGURE 19            REFRIGERATION COOLERS MARKET: OPPORTUNITIES AND THEIR IMPACT   52

FIGURE 20            REFRIGERATION COOLERS MARKET: CHALLENGES AND THEIR IMPACT          53

FIGURE 21            REFRIGERATION COOLERS MARKET: AI IMPACT ANALYSIS            54

FIGURE 22            REFRIGERATION COOLERS MARKET: VALUE CHAIN ANALYSIS              55

FIGURE 23            REFRIGERATION COOLERS MARKET: ECOSYSTEM ANALYSIS  57

FIGURE 24            REFRIGERATION COOLERS MARKET PLAYERS’ ECOSYSTEM       57

FIGURE 25            INVESTMENT AND FUNDING SCENARIO: COLD STORAGE INVESTMENT

IN ASIA PACIFIC                59

FIGURE 26            AVERAGE SELLING PRICE TREND OF REFRIGERATION COOLER SYSTEM COMPONENTS OFFERED BY MAJOR PLAYERS               60

FIGURE 27            INDICATIVE PRICING OF REFRIGERATION COOLERS, BY REGION, 2020−2023             61

FIGURE 28            TRENDS/DISRUPTIONS INFLUENCING CUSTOMER BUSINESS   62

FIGURE 29            REFRIGERATION COOLERS MARKET: PORTER’S FIVE FORCES ANALYSIS 65

FIGURE 30            INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS           67

FIGURE 31            KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS 68

FIGURE 32            IMPORT DATA FOR HS CODE 841869-COMPLIANT PRODUCTS,

BY COUNTRY, 2019–2023                71

FIGURE 33            EXPORT DATA FOR HS CODE 841869-COMPLIANT PRODUCTS,

BY COUNTRY, 2019–2023                72

FIGURE 34            TOP PATENT APPLICANTS AND OWNERS, 2014–2023        74

FIGURE 35            REFRIGERATION COOLERS MARKET, BY OFFERING           84

FIGURE 36            EVAPORATORS & AIR COOLERS SEGMENT TO REGISTER HIGHEST

CAGR DURING FORECAST PERIOD          84

FIGURE 37            RETAIL APPLICATION TO REGISTER HIGHEST CAGR IN EVAPORATORS

& AIR COOLERS SEGMENT DURING FORECAST PERIOD 92

FIGURE 38            REFRIGERATION COOLERS MARKET, BY REFRIGERANT   95

FIGURE 39            CO2 REFRIGERANT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD          95

FIGURE 40            RETAIL TO BE LARGEST APPLICATION FOR CO2 REFRIGERANT SEGMENT DURING FORECAST PERIOD  98

FIGURE 41            RETAIL APPLICATION TO REGISTER HIGHEST CAGR FOR NH3 REFRIGERANT SEGMENT DURING FORECAST PERIOD                99

FIGURE 42            PORTABLE REFRIGERATION COOLERS SEGMENT TO REGISTER HIGHER CAGR DURING FORECAST PERIOD                104

FIGURE 43            REFRIGERATION COOLERS MARKET, BY APPLICATION   109

FIGURE 44            RETAIL TO BE FASTEST-GROWING APPLICATION OF REFRIGERATION COOLERS DURING FORECAST PERIOD         109

FIGURE 45            ASIA PACIFIC TO BE FASTEST-GROWING MARKET FOR REFRIGERATION COOLERS IN RETAIL SEGMENT DURING FORECAST PERIOD       115

FIGURE 46            EVAPORATORS & COOLERS SEGMENT TO REGISTER HIGHEST CAGR IN FOOD & BEVERAGE APPLICATION DURING FORECAST PERIOD       118

FIGURE 47            ASIA PACIFIC TO REGISTER HIGHEST CAGR IN REFRIGERATION COOLERS MARKET DURING FORECAST PERIOD                131

FIGURE 48            NORTH AMERICA: REFRIGERATION COOLERS MARKET SNAPSHOT       133

FIGURE 49            EUROPE: REFRIGERATION COOLERS MARKET SNAPSHOT          141

FIGURE 50            ASIA PACIFIC: REFRIGERATION COOLERS MARKET SNAPSHOT       152

FIGURE 51            REFRIGERATION COOLERS MARKET: REVENUE ANALYSIS, 2019–2023       172

FIGURE 52            REFRIGERATION COOLERS MARKET SHARE ANALYSIS, 2023  173

FIGURE 53            COMPANY VALUATION, 2023      175

FIGURE 54            FINANCIAL METRICS (EV/EBITDA), 2023                 175

FIGURE 55            BRAND/PRODUCT COMPARISON             176

FIGURE 56            REFRIGERATION COOLERS MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023         178

FIGURE 57            REFRIGERATION COOLERS MARKET: COMPANY FOOTPRINT       179

FIGURE 58            REFRIGERATION COOLERS MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023 185

FIGURE 59            JOHNSON CONTROLS: COMPANY SNAPSHOT                 192

FIGURE 60            LU-VE: COMPANY SNAPSHOT    200

FIGURE 61            LENNOX INTERNATIONAL INC.: COMPANY SNAPSHOT          240

FIGURE 62            DANFOSS: COMPANY SNAPSHOT             259

FIGURE 63            MODINE MANUFACTURING COMPANY: COMPANY SNAPSHOT   264