Saudi Arabia Industrial Refrigeration Systems Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2025 - 2030)

Chapter 1. Research Background

1.1 Research Objectives

1.2 Market Definition

1.3 Analysis Period

1.4 Market Data Reporting Unit

1.4.1 Volume

1.4.2 Value

1.5 Market Size Breakdown by Segment

1.5.1 Market Segmentation by Offering

1.5.2 Market Segmentation by Refrigerant Type

1.5.3 Market Segmentation by Application

1.5.4 Market Segmentation by Province

1.6 Key Stakeholders

Chapter 2. Research Methodology

2.1 Secondary Research

2.1.1 Paid

2.1.2 Unpaid

2.1.3 P&S Intelligence Database

2.2 Primary Research

2.2.1 Breakdown of Primary Research, by Industry Participant

2.2.2 Breakdown of Primary Research, by Designation

2.2.3 Breakdown of Primary Research, by Company Type

2.3 Market Size Estimation

2.4 Data Triangulation

2.5 Currency Conversion Rates

2.6 Assumptions for the Study

2.7 Notes and Caveats

Chapter 3. Executive Summary

Chapter 4. Market Indicators

4.1 Saudi Arabia HVAC Market

4.2 Saudi Arabian Food Service Market

4.3 GDP Growth

4.4 Industry Growth

Chapter 5. Industry Outlook

5.1 Market Dynamics

5.1.1 Trends

5.1.1.1 Energy efficiency and sustainability

5.1.1.2 Cold chain infrastructure expansion

5.1.1.3 Technological advancements and IoT integration

5.1.2 Drivers

5.1.2.1 Rising demand in the food and beverage sector

5.1.2.2 Expansion of the petrochemical and chemical industries

5.1.2.3 Government focus on food security and local production

5.1.2.4 Industrial growth and infrastructure development

5.1.2.5 Impact analysis of drivers on market forecast

5.1.3 Restraints

5.1.3.1 High initial capital costs

5.1.3.2 Energy consumption and operating costs

5.1.3.3 Skilled labor shortage

5.1.3.4 Impact analysis of restraints on market forecast

5.2 Impact of COVID-19

5.3 Porter’s Five Forces Analysis

5.3.1 Bargaining Power of Buyers

5.3.2 Bargaining Power of Suppliers

5.3.3 Threat of New Entrants

5.3.4 Intensity of Rivalry

5.3.5 Threat of Substitutes

Chapter 6. Saudi Arabia Market Size and Forecast

6.1 Overview

6.2 Market by Offering

6.2.1 Market by Equipment Type

6.2.1.1 By compressor type

6.2.1.2 By condenser type

6.2.1.3 By evaporator type

6.3 Market by Refrigerant Type

6.4 Market by Application

6.5 Market by Province

Chapter 7. Competitive Landscape

7.1 List of Market Players and Their Offerings

7.2 Competitive Benchmarking of Key Players

7.3 Strategic Developments of Key Players

7.3.1 Partnerships and Collaborations

7.3.2 Mergers and Acquisitions

7.3.3 Product Launches

7.3.4 Other Developments

Chapter 8. Company Profiles

8.1 Trane Technologies plc

8.1.1 Business Overview

8.1.2 Product and Service Offerings

8.1.3 Key Financial Summary

8.2 Carrier Global Corporation

8.2.1 Business Overview

8.2.2 Product and Service Offerings

8.2.3 Key Financial Summary

8.3 Industrial Frigo srl

8.3.1 Business Overview

8.3.2 Product and Service Offerings

8.4 Midea Group Co. Ltd.

8.4.1 Business Overview

8.4.2 Product and Service Offerings

8.4.3 Key Financial Summary

8.5 GEA Group Aktiengesellschaft

8.5.1 Business Overview

8.5.2 Product and Service Offerings

8.5.3 Key Financial Summary

8.6 Johnson Controls Arabia Inc.

8.6.1 Business Overview

8.6.2 Product and Service Offerings

8.7 Daikin Industries Ltd.

8.7.1 Business Overview

8.7.2 Product and Service Offerings

8.8 Danfoss A/S

8.8.1 Business Overview

8.8.2 Product and Service Offerings

8.8.3 Key Financial Summary

8.9 Alfa Laval Middle East LTD.

8.9.1 Business Overview

8.9.2 Product and Service Offerings

8.9.3 Key Financial Summary

8.10 Coldstores Group of Saudi Arabia

8.10.1 Business Overview

8.10.2 Product and Service Offerings

8.11 Saudi Salajah

8.11.1 Business Overview

8.11.2 Product and Service Offerings

8.12 BITZER Kühlmaschinenbau GmbH

8.12.1 Business Overview

8.12.2 Product and Service Offerings

8.13 Baltimore Aircoil International nv

8.13.1 Business Overview

8.13.2 Product and Service Offerings

8.14 Copeland LP

8.14.1 Business Overview

8.14.2 Product and Service Offerings

8.15 Honeywell International Inc.

8.15.1 Business Overview

8.15.2 Product and Service Offerings

8.15.3 Key Financial Summary

Chapter 9. Appendix

9.1 Sources and References

9.2 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 SAUDI ARABIA INDUSTRIAL REFRIGERATION SYSTEMS MARKET Volume, BY Offering, Thousand Units (2019–2024)

TABLE 5 SAUDI ARABIA INDUSTRIAL REFRIGERATION SYSTEMS MARKET Volume, BY Offering, Thousand Units (2025–2030)

TABLE 6 SAUDI ARABIA INDUSTRIAL REFRIGERATION SYSTEMS MARKET Revenue, BY Offering, $M (2019–2024)

TABLE 7 SAUDI ARABIA INDUSTRIAL REFRIGERATION SYSTEMS MARKET Revenue, BY Offering, $M (2025–2030)

TABLE 8 SAUDI ARABIA INDUSTRIAL REFRIGERATION SYSTEMS MARKET Volume, BY Equipment Type, Thousand Units (2019–2024)

TABLE 9 SAUDI ARABIA INDUSTRIAL REFRIGERATION SYSTEMS MARKET Volume, BY Equipment Type, Thousand Units (2025–2030)

TABLE 10 SAUDI ARABIA INDUSTRIAL REFRIGERATION SYSTEMS MARKET Revenue, BY Equipment Type, $M (2019–2024)

TABLE 11 SAUDI ARABIA INDUSTRIAL REFRIGERATION SYSTEMS MARKET Revenue, BY Equipment Type, $M (2025–2030)

TABLE 12 SAUDI ARABIA INDUSTRIAL REFRIGERATION SYSTEMS MARKET Volume, BY COMPRESSOR Type, Thousand Units (2019–2024)

TABLE 13 SAUDI ARABIA INDUSTRIAL REFRIGERATION SYSTEMS MARKET Volume, BY COMPRESSOR Type, Thousand Units (2025–2030)

TABLE 14 SAUDI ARABIA INDUSTRIAL REFRIGERATION SYSTEMS MARKET Revenue, BY COMPRESSOR Type, $M (2019–2024)

TABLE 15 SAUDI ARABIA INDUSTRIAL REFRIGERATION SYSTEMS MARKET Revenue, BY COMPRESSOR Type, $M (2025–2030)

TABLE 16 SAUDI ARABIA INDUSTRIAL REFRIGERATION SYSTEMS MARKET Volume, BY CONDENSER Type, Thousand Units (2019–2024)

TABLE 17 SAUDI ARABIA INDUSTRIAL REFRIGERATION SYSTEMS MARKET Volume, BY CONDENSER Type, Thousand Units (2025–2030)

TABLE 18 SAUDI ARABIA INDUSTRIAL REFRIGERATION SYSTEMS MARKET Revenue, BY CONDENSER Type, $M (2019–2024)

TABLE 19 SAUDI ARABIA INDUSTRIAL REFRIGERATION SYSTEMS MARKET Revenue, BY CONDENSER Type, $M (2025–2030)

TABLE 20 SAUDI ARABIA INDUSTRIAL REFRIGERATION SYSTEMS MARKET Volume, BY EVAPORATOR Type, Thousand Units (2019–2024)

TABLE 21 SAUDI ARABIA INDUSTRIAL REFRIGERATION SYSTEMS MARKET Volume, BY EVAPORATOR Type, Thousand Units (2025–2030)

TABLE 22 SAUDI ARABIA INDUSTRIAL REFRIGERATION SYSTEMS MARKET Revenue, BY EVAPORATOR Type, $M (2019–2024)

TABLE 23 SAUDI ARABIA INDUSTRIAL REFRIGERATION SYSTEMS MARKET Revenue, BY EVAPORATOR Type, $M (2025–2030)

TABLE 24 SAUDI ARABIA INDUSTRIAL REFRIGERATION SYSTEMS MARKET Volume, BY REFRIGERANT Type, Thousand Units (2019–2024)

TABLE 25 SAUDI ARABIA INDUSTRIAL REFRIGERATION SYSTEMS MARKET Volume, BY REFRIGERANT Type, Thousand Units (2025–2030)

TABLE 26 SAUDI ARABIA INDUSTRIAL REFRIGERATION SYSTEMS MARKET Revenue, BY REFRIGERANT Type, $M (2019–2024)

TABLE 27 SAUDI ARABIA INDUSTRIAL REFRIGERATION SYSTEMS MARKET Revenue, BY REFRIGERANT Type, $M (2025–2030)

TABLE 28 SAUDI ARABIA INDUSTRIAL REFRIGERATION SYSTEMS MARKET Volume, BY Application, Thousand Units (2019–2024)

TABLE 29 SAUDI ARABIA INDUSTRIAL REFRIGERATION SYSTEMS MARKET Volume, BY Application, Thousand Units (2025–2030)

TABLE 30 SAUDI ARABIA INDUSTRIAL REFRIGERATION SYSTEMS MARKET Revenue, BY Application, $M (2019–2024)

TABLE 31 SAUDI ARABIA INDUSTRIAL REFRIGERATION SYSTEMS MARKET Revenue, BY Application, $M (2025–2030)

TABLE 32 SAUDI ARABIA INDUSTRIAL REFRIGERATION SYSTEMS MARKET Volume, BY Province, Thousand Units (2019–2024)

TABLE 33 SAUDI ARABIA INDUSTRIAL REFRIGERATION SYSTEMS MARKET Volume, BY Province, Thousand Units (2025–2030)

TABLE 34 SAUDI ARABIA INDUSTRIAL REFRIGERATION SYSTEMS MARKET Revenue, BY Province, $M (2019–2024)

TABLE 35 SAUDI ARABIA INDUSTRIAL REFRIGERATION SYSTEMS MARKET Revenue, BY Province, $M (2025–2030)

TABLE 36 List of PLAYERS and their offerings

TABLE 37 Competitve analysis OF KEY PLAYERS (2023)

TABLE 38 Trane technologies PLC – AT A GLANCE

TABLE 39 Trane technologies plc – key financial summary

TABLE 40 carrier global corporation – AT A GLANCE

TABLE 42 Industrial Frigo srl – At a glance

TABLE 43 Midea Group Co. Ltd. – AT A GLANCE

TABLE 45 GEA Group Aktiengesellschaft– AT A GLANCE

TABLE 46 GEA GROUP AKTIENGESELLSCHAFT – KEY FINANCIAL SUMMARY

TABLE 47 Johnson Controls Arabia Inc. – AT a Glance

TABLE 48 DAIKIN INDUSTRIES Ltd. – At a glance

TABLE 49 Danfoss A/S – At a Glance

TABLE 50 Danfoss A/S – Key financial Summary

TABLE 51 Alfa Laval Middle East LTD. – At a Glance

TABLE 52 Alfa Laval Middle East LTD. – Key financial Summary

TABLE 53 Coldstores Group of Saudi Arabia – AT a Glance

TABLE 54 Saudi Salajah – AT a Glance

TABLE 55 BITZER Kühlmaschinenbau GmbH – AT a Glance

TABLE 56 Baltimore Aircoil International nv – AT a Glance

TABLE 57 Copeland LP – AT a Glance

TABLE 58 Honeywell International Inc. – AT a Glance

TABLE 59 Honeywell International Inc. – Key financial Summary

 

List of Figures

FIG 1 Market Size Breakdown by Segment

FIG 2 RESEARCH methodology

FIG 3 breakdown of primary research, by industry participant

FIG 4 breakdown of primary research, by Designation

FIG 5 breakdown of primary research, by company type

FIG 6 data triangulation approach

FIG 7 Saudi Arabia Industrial Refrigeration Systems MARKET SUMMARY

FIG 8 GDP growth (annual %) - Saudi Arabia, 2019–2029

FIG 9 Industry (ann. var. %) for Saudi Arabia from 2019 to 2023.

FIG 10 Bargaining Power of Buyers

FIG 11 Bargaining power of suppliers

FIG 12 Threat of new entrants

FIG 13 Intensity of rivalry

FIG 14 THREAT OF SUBSTITUTES

FIG 15 Saudi Arabia Industrial Refrigeration Systems Market snapshot

FIG 16 Saudi Arabia Industrial Refrigeration Systems Market Volume, BY offering, Thousand Units (2019–2030)

FIG 17 Saudi Arabia Industrial Refrigeration Systems Market Revenue, BY Offering, $M (2019–2030)

FIG 18 Saudi Arabia Industrial Refrigeration Systems Market Volume, BY Equipment Type, Thousand Units (2019–2030)

FIG 19 Saudi Arabia Industrial Refrigeration Systems Market Revenue, BY Equipment Type, $M (2019–2030)

FIG 20 Saudi Arabia Industrial Refrigeration Systems Market Volume, BY Compressor Type, Thousand Units (2019–2030)

FIG 21 Saudi Arabia Industrial Refrigeration Systems Market Revenue, BY COMPRESSOR Type, $M (2019–2030)

FIG 22 Saudi Arabia Industrial Refrigeration Systems Market Volume, BY Condenser Type, Thousand Units (2019–2030)

FIG 23 Saudi Arabia Industrial Refrigeration Systems Market Revenue, BY CONDENSER Type, $M (2019–2030)

FIG 24 Saudi Arabia Industrial Refrigeration Systems Market Volume, BY Evaporator Type, Thousand Units (2019–2030)

FIG 25 Saudi Arabia Industrial Refrigeration Systems Market Revenue, BY EVAPORATOR Type, $M (2019–2030)

FIG 26 Saudi Arabia Industrial Refrigeration Systems Market Volume, BY Refrigerant Type, Thousand Units (2019–2030)

FIG 27 Saudi Arabia Industrial Refrigeration Systems Market Revenue, BY REFRIGERANT Type, $M (2019–2030)

FIG 28 Saudi Arabia Industrial Refrigeration Systems Market Volume, BY Application, Thousand Units (2019–2030)

FIG 29 Saudi Arabia Industrial Refrigeration Systems Market Revenue, BY Application, $M (2019–2030)

FIG 30 Saudi Arabia Industrial Refrigeration Systems Market Volume, BY Province, Thousand Units (2019–2030)

FIG 31 Saudi Arabia Industrial Refrigeration Systems Market Revenue, BY Province, $M (2019–2030)

FIG 32 Trane technologies plc – Revenue split by Geography (2023)

FIG 33 Carrier Global Corporation – Revenue split by Segment and Geography (2023)

FIG 34 Midea group co. ltd. – Revenue split by product category and Geography (2023)

FIG 35 GEA GROUP AKTIENGESELLSCHAFT – Revenue split by Segment and Geography (2023)

FIG 36 Danfoss A/S – Revenue split by segment and geography (2023)

FIG 37 Alfa Laval Middle East LTD. – Revenue split by segment and geography (2023)

FIG 38 Honeywell International Inc. – Revenue split by segment and geography (2023)