Asia-Pacific (APAC) Commercial Refrigeration Equipment Market by Equipment Type (Walk-in Coolers, Beverage Refrigeration, Transportation Refrigeration Equipment, Display Cases, Parts, Ice Making Machineries), by Application (Food Service, Food & Beverage Distribution, Food & Beverage Retail), by End-User (Supermarkets, Hypermarkets, Hotels/Restaurants & Catering, Convenience Stores, E-commerce), by Geography (China, Japan, India, South Korea, Australia) –Market Size, Share, Development, Growth and Demand Forecast, 2013–2023

Chapter 1. Research Background

1.1 Research Objectives

1.2 Market Definition

1.3 Research Scope

1.3.1 Market Segmentation by Equipment Type

1.3.2 Market Segmentation by Application

1.3.3 Market Segmentation by End-User

1.3.4 Market Segmentation by Geography

1.3.5 Analysis Period

1.3.6 Market Data Reporting Unit

1.3.6.1 Value

1.3.6.2 Volume

1.4 Key Stakeholders

Chapter 2. Research Methodology

2.1 Secondary Research

2.2 Primary Research

2.2.1 Breakdown of Primary Research Respondents

2.2.1.1 By country

2.2.1.2 By industry participant

2.2.1.3 By company type

2.3 Market Size Estimation

2.4 Data Triangulation

2.5 Assumptions for the Study

Chapter 3. Executive Summary

Chapter 4. Introduction

4.1 Definition of Market Segments

4.1.1 By Equipment Type

4.1.1.1 Walk-in coolers

4.1.1.2 Transportation refrigeration equipment

4.1.1.3 Display cases

4.1.1.4 Beverage refrigeration

4.1.1.5 Parts

4.1.1.6 Ice making machineries

4.1.1.7 Other equipment

4.1.2 By Application

4.1.2.1 Food service

4.1.2.2 Food and beverage distribution

4.1.2.3 Food and beverage retail

4.1.2.4 Others

4.1.3 By End-User

4.1.3.1 Supermarkets

4.1.3.2 Hotels/restaurants & catering

4.1.3.3 Hypermarkets

4.1.3.4 Convenience stores

4.1.3.5 E-commerce

4.1.3.6 Others

4.2 Value Chain Analysis

4.2.1 Commercial refrigeration equipment manufacturers

4.2.2 Independent wholesalers/distributors

4.2.3 Retailers

4.2.4 End users

4.3 Market Dynamics

4.3.1 Trends

4.3.1.1 Use of environment friendly refrigerants

4.3.2 Drivers

4.3.2.1 Increasing urbanization positively impacting the market

4.3.2.2 Growing food and beverage industry

4.3.2.3 Impact analysis of drivers on market forecast

4.3.3 Restraints

4.3.3.1 Fluctuating fuel prices affecting the sale of reefers

4.3.3.2 Increasing demand from unorganized market

4.3.3.3 Impact analysis of restraints on market forecast

4.3.4 Opportunities

4.3.4.1 Escalating e-commerce industry

4.4 Porter’s Five Forces Analysis

Chapter 5. Asia-Pacific Market Size and Forecast

5.1 By Equipment Type

5.2 By Application

5.3 By End-User

5.4 By Country

Chapter 6. China Market Size and Forecast

6.1 By Equipment Type

6.2 By Application

6.3 By End User

Chapter 7. Japan Market Size and Forecast

7.1 By Equipment Type

7.2 By Application

7.3 By End User

Chapter 8. India Market Size and Forecast

8.1 By Equipment Type

8.2 By Application

8.3 By End User

Chapter 9. Australia Market Size and Forecast

9.1 By Equipment Type

9.2 By Application

9.3 By End User

Chapter 10. South Korea Market Size and Forecast

10.1 By Equipment Type

10.2 By Application

10.3 By End User

Chapter 11. Rest of APAC Market Size and Forecast

11.1 By Equipment Type

11.2 By Application

11.3 By End User

Chapter 12. Competitive Landscape

12.1 Market Share Analysis of Key Players

12.2 Recent Activities of Major Players

12.3 Strategic Developments of Key Players

12.3.1 Mergers and Acquisitions

12.3.2 Product and Service Launches

12.3.3 Partnerships

Chapter 13. Company Profiles

13.1 United Technologies Corporation

13.1.1 Business Overview

13.1.2 Product and Service Offerings

13.1.3 Key Financial Summary

13.2 Hussmann Corporation

13.2.1 Business Overview

13.2.2 Product and Service Offerings

13.3 AB Electrolux

13.3.1 Business Overview

13.3.2 Product and Service Offerings

13.3.3 Key Financial Summary

13.4 Frigoglass S.A.I.C.

13.4.1 Business Overview

13.4.2 Product and Service Offerings

13.4.3 Key Financial Summary

13.5 Dover Corporation

13.5.1 Business Overview

13.5.2 Product and Service Offerings

13.5.3 Key Financial Summary

13.6 Daikin Industries Ltd.

13.6.1 Business Overview

13.6.2 Product and Service Offerings

13.6.3 Key Financial Summary

13.7 Illinois Tool Works Inc.

13.7.1 Business Overview

13.7.2 Product and Service Offerings

13.7.3 Key Financial Summary

13.8 Johnson Controls International PLC

13.8.1 Business Overview

13.8.2 Product and Service Offerings

13.8.3 Key Financial Summary

13.9 Fujimak Corporation

13.9.1 Business Overview

13.9.2 Product and Service Offerings

13.10 Emerson Electric Co.

13.10.1 Business Overview

13.10.2 Product and Service Offerings

13.10.3 Key Financial Summary

Chapter 14. Appendix

14.1 Abbreviations

14.2 Sources and References

14.3 Related Reports

 

List of Tables

 

TABLE 1 ANALYSIS PERIOD OF THE STUDY

TABLE 2 DRIVERS FOR THE MARKET: IMPACT ANALYSIS

TABLE 3 RESTRAINTS FOR THE MARKET: IMPACT ANALYSIS

TABLE 4 APAC COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY EQUIPMENT TYPE, $M (2019–2024)

TABLE 5 APAC COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY EQUIPMENT TYPE, $M (2025–2030)

TABLE 6 APAC COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY EQUIPMENT TYPE, ‘000 UNITS (2019–2024)

TABLE 7 APAC COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY EQUIPMENT TYPE, ‘000 UNITS (2025–2030)

TABLE 8 APAC COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY APPLICATION, $M (2019–2024)

TABLE 9 APAC COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY APPLICATION, $M (2025–2030)

TABLE 10 APAC COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY END USER, $M (2019–2024)

TABLE 11 APAC COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY END USER, $M (2025–2030)

TABLE 12 APAC COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY COUNTRY, $M (2019–2024)

TABLE 13 APAC COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY COUNTRY, $M (2025–2030)

TABLE 14 APAC COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY COUNTRY, ‘000 UNITS (2019–2024)

TABLE 15 APAC COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY COUNTRY, ‘000 UNITS (2025–2030)

TABLE 16 CHINA COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY EQUIPMENT TYPE, $M (2019–2024)

TABLE 17 CHINA COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY EQUIPMENT TYPE, $M (2025–2030)

TABLE 18 CHINA COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY EQUIPMENT TYPE, ‘000 UNITS (2019–2024)

TABLE 19 CHINA COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY EQUIPMENT TYPE, ‘000 UNITS (2025–2030)

TABLE 20 CHINA COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY APPLICATION, $M (2019–2024)

TABLE 21 CHINA COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY APPLICATION, $M (2025–2030)

TABLE 22 CHINA COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY END USER, $M (2019–2024)

TABLE 23 CHINA COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY END USER, $M (2025–2030)

TABLE 24 JAPAN COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY EQUIPMENT TYPE, $M (2019–2024)

TABLE 25 JAPAN COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY EQUIPMENT TYPE, $M (2025–2030)

TABLE 26 JAPAN COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY EQUIPMENT TYPE, ‘000 UNITS (2019–2024)

TABLE 27 JAPAN COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY EQUIPMENT TYPE, ‘000 UNITS (2025–2030)

TABLE 28 JAPAN COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY APPLICATION, $M (2019–2024)

TABLE 29 JAPAN COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY APPLICATION, $M (2025–2030)

TABLE 30 JAPAN COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY END USER, $M (2019–2024)

TABLE 31 JAPAN COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY END USER, $M (2025–2030)

TABLE 32 INDIA COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY EQUIPMENT TYPE, $M (2019–2024)

TABLE 33 INDIA COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY EQUIPMENT TYPE, $M (2025–2030)

TABLE 34 INDIA COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY EQUIPMENT TYPE, ‘000 UNITS (2019–2024)

TABLE 35 INDIA COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY EQUIPMENT TYPE, ‘000 UNITS (2025–2030)

TABLE 36 INDIA COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY APPLICATION, $M (2019–2024)

TABLE 37 INDIA COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY APPLICATION, $M (2025–2030)

TABLE 38 INDIA COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY END USER, $M (2019–2024)

TABLE 39 INDIA COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY END USER, $M (2025–2030)

TABLE 40 AUSTRALIA COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY EQUIPMENT TYPE, $M (2019–2024)

TABLE 41 AUSTRALIA COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY EQUIPMENT TYPE, $M (2025–2030)

TABLE 42 AUSTRALIA COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY EQUIPMENT TYPE, ‘000 UNITS (2019–2024)

TABLE 43 AUSTRALIA COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY EQUIPMENT TYPE, ‘000 UNITS (2025–2030)

TABLE 44 AUSTRALIA COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY APPLICATION, $M (2019–2024)

TABLE 45 AUSTRALIA COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY APPLICATION, $M (2025–2030)

TABLE 46 AUSTRALIA COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY END USER, $M (2019–2024)

TABLE 47 AUSTRALIA COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY END USER, $M (2025–2030)

TABLE 48 SOUTH KOREA COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY EQUIPMENT TYPE, $M (2019–2024)

TABLE 49 SOUTH KOREA COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY EQUIPMENT TYPE, $M (2025–2030)

TABLE 50 SOUTH KOREA COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY EQUIPMENT TYPE, ‘000 UNITS (2019–2024)

TABLE 51 SOUTH KOREA COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY EQUIPMENT TYPE, ‘000 UNITS (2025–2030)

TABLE 52 SOUTH KOREA COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY APPLICATION, $M (2019–2024)

TABLE 53 SOUTH KOREA COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY APPLICATION, $M (2025–2030)

TABLE 54 SOUTH KOREA COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY END USER, $M (2019–2024)

TABLE 55 SOUTH KOREA COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY END USER, $M (2025–2030)

TABLE 56 REST OF APAC COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY EQUIPMENT TYPE, $M (2019–2024)

TABLE 57 REST OF APAC COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY EQUIPMENT TYPE, $M (2025–2030)

TABLE 58 REST OF APAC COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY EQUIPMENT TYPE, ‘000 UNITS (2019–2024)

TABLE 59 REST OF APAC COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY EQUIPMENT TYPE, ‘000 UNITS (2025–2030)

TABLE 60 REST OF APAC COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY APPLICATION, $M (2019–2024)

TABLE 61 REST OF APAC COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY APPLICATION, $M (2025–2030)

TABLE 62 REST OF APAC COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY END USER, $M (2019–2024)

TABLE 63 REST OF APAC COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY END USER, $M (2025–2030)

TABLE 64 UNITED TECHNOLOGIES CORPORATION – AT A GLANCE

TABLE 65 UNITED TECHNOLOGIES CORPORATION – KEY FINANCIAL SUMMARY

TABLE 66 HUSSMANN CORPORATION – AT A GLANCE

TABLE 67 AB ELECTROLUX – AT A GLANCE

TABLE 68 AB ELECTROLUX – KEY FINANCIAL SUMMARY

TABLE 69 FRIGOGLASS S.A.I.C. – AT A GLANCE

TABLE 70 FRIGOGLASS S.A.I.C. – KEY FINANCIAL SUMMARY

TABLE 71 DOVER CORPORATION – AT A GLANCE

TABLE 72 DOVER CORPORATION – KEY FINANCIAL SUMMARY

TABLE 73 DAIKIN INDUSTRIES LTD. – AT A GLANCE

TABLE 74 DAIKIN INDUSTRIES LTD. – KEY FINANCIAL SUMMARY

TABLE 75 ILLINOIS TOOL WORKS INC. – AT A GLANCE

TABLE 76 ILLINOIS TOOL WORKS INC. – KEY FINANCIAL SUMMARY

TABLE 77 JOHNSON CONTROLS INTERNATIONAL PLC. – AT A GLANCE

TABLE 78 JOHNSON CONTROLS INTERNATIONAL PLC – KEY FINANCIAL SUMMARY

TABLE 79 FUJIMAK CORPORATION – AT A GLANCE

TABLE 80 EMERSON ELECTRIC CO. – AT A GLANCE

TABLE 81 EMERSON ELECTRIC CO. – KEY FINANCIAL SUMMARY

 

LIST OF FIGURES

 

FIG 1 RESEARCH SCOPE

FIG 2 RESEARCH METHODOLOGY

FIG 3 REGIONAL SPLIT OF PRIMARY AND SECONDARY RESEARCH

FIG 4 BREAKDOWN OF PRIMARY RESEARCH BY COUNTRY

FIG 5 BREAKDOWN OF PRIMARY RESEARCH BY INDUSTRY PARTICIPANT

FIG 6 BREAKDOWN OF PRIMARY RESEARCH BY COMPANY TYPE

FIG 7 DATA TRIANGULATION APPROACH

FIG 8 APAC COMMERCIAL REFRIGERATION EQUIPMENT MARKET SUMMARY

FIG 9 VALUE CHAIN OF COMMERCIAL REFRIGERATION EQUIPMENT

FIG 10 APAC GASOLINE PRICES (USD/GALLON)

FIG 11 BARGAINING POWER OF BUYERS

FIG 12 BARGAINING POWER OF SUPPLIERS

FIG 13 THREAT OF NEW ENTRANTS

FIG 14 THREAT OF SUBSTITUTES

FIG 15 INTENSITY OF RIVALRY

FIG 16 APAC COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY EQUIPMENT TYPE, $M (2019–2030)

FIG 17 APAC COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY APPLICATION, $M (2019–2030)

FIG 18 APAC COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY END USER, $M (2019–2030)

FIG 19 APAC COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY COUNTRY, $M (2019–2030)

FIG 20 CHINA COMMERCIAL REFRIGERATION EQUIPMENT MARKET SNAPSHOT

FIG 21 CHINA COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY EQUIPMENT TYPE, $M (2019–2030)

FIG 22 CHINA COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY APPLICATION, $M (2019–2030)

FIG 23 CHINA COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY END USER, $M (2019–2030)

FIG 24 JAPAN COMMERCIAL REFRIGERATION EQUIPMENT MARKET SNAPSHOT

FIG 25 JAPAN COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY EQUIPMENT TYPE, $M (2019–2030)

FIG 26 JAPAN COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY APPLICATION, $M (2019–2030)

FIG 27 JAPAN COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY END USER, $M (2019–2030)

FIG 28 INDIA COMMERCIAL REFRIGERATION EQUIPMENT MARKET SNAPSHOT

FIG 29 INDIA COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY EQUIPMENT TYPE, $M (2019–2030)

FIG 30 INDIA COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY APPLICATION, $M (2019–2030)

FIG 31 INDIA COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY END USER, $M (2019–2030)

FIG 32 AUSTRALIA COMMERCIAL REFRIGERATION EQUIPMENT MARKET SNAPSHOT

FIG 33 AUSTRALIA COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY EQUIPMENT TYPE, $M (2019–2030)

FIG 34 AUSTRALIA COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY APPLICATION, $M (2019–2030)

FIG 35 AUSTRALIA COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY END USER, $M (2019–2030)

FIG 36 SOUTH KOREA COMMERCIAL REFRIGERATION EQUIPMENT MARKET SNAPSHOT

FIG 37 SOUTH KOREA COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY EQUIPMENT TYPE, $M (2019–2030)

FIG 38 SOUTH KOREA COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY APPLICATION, $M (2019–2030)

FIG 39 SOUTH KOREA COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY END USER, $M (2019–2030)

FIG 40 REST OF APAC COMMERCIAL REFRIGERATION EQUIPMENT MARKET SNAPSHOT

FIG 41 REST OF APAC COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY EQUIPMENT TYPE, $M (2019–2030)

FIG 42 REST OF APAC COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY APPLICATION, $M (2019–2030)

FIG 43 REST OF APAC COMMERCIAL REFRIGERATION EQUIPMENT MARKET, BY END USER, $M (2019–2030)

FIG 44 APAC COMMERCIAL REFRIGERATION EQUIPMENT MARKET SHARE ANALYSIS (2023)

FIG 45 RECENT ACTIVITIES OF MAJOR PLAYERS

FIG 46 UNITED TECHNOLOGIES CORPORATION – REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2023)

FIG 47 AB ELECTROLUX – REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2023)

FIG 48 FRIGOGLASS S.A.I.C – REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2023)

FIG 49 DOVER CORPORATION – REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2023)

FIG 50 DAIKIN INDUSTRIES LTD. – REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2023)

FIG 51 ILLINOIS TOOL WORKS INC. – REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2023)

FIG 52 JOHNSON CONTROLS INTERNATIONAL PLC – REVENUE SPLIT BY SEGMENT (2023)

FIG 53 EMERSON ELECTRIC CO. – REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2023)