The Asia Pacific Industrial Refrigeration Systems Market would witness market growth of 5.1% CAGR during the forecast period (2020-2026). Compressors are commonly utilized for business and industrial refrigeration, air-conditioning, and heat pump applications, for example, chillers, humidifiers, HVAC frameworks, and others. A compressor compresses the refrigerant to deliver cool air and consumes the greater part of the power of refrigerating frameworks. It takes in low temperature and pressure refrigerant from the evaporator and compresses the refrigerant into high pressure and high-temperature vaporous state. The refrigerant is a substance that is utilized in a refrigeration cycle to cool a specific space. Most refrigerants hurt nature as they add to ozone layer depletion and global warming. Greenhouse gases, for example, emanations from certain refrigerants and carbon dioxide, add to global warming as they assimilate infrared radiation and hold it in the environment. Consequently, the acceptance and adoption of natural refrigerant-based hardware inferable from severe administrative guidelines is another element boosting the industrial refrigeration framework market development.
Besides, many initiatives are being taken by various governments to fortify the cold chain framework and pull in investment in the cold chain industry. This, as a result, is creating interest in industrial refrigeration frameworks all over the world. For example, a scheme of the cold chain, value addition, and preservation infrastructure has been implemented by the Ministry of Food Processing Industries of India. The program offers monetary help for establishing the coordinated cold chain framework to stay away from post-harvest losses. These components are probably going to boost market development over the forecast period.
Based on Component, the market is segmented into Compressors, Condensers, Evaporators, Controls and Others. Based on Application, the market is segmented into Food & Beverages, Refrigerated Warehouse, Chemical, Petrochemical, & Pharmaceutical, and Refrigerated Transportation. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: Industrial Refrigeration Systems Market in Asia Pacific is expected to register a CAGR of 5.1% during the forecast period (2020-2026)
The market research report covers theanalysis of key stake holders of the market. Key companies profiled in the report include Johnson Controls International PLC, Emerson Electric Co., The Danfoss Group, Daikin Industries, Ltd., Trane Technologies PLC, Dover Corporation, Mayekawa Mfg. Co., Ltd., Bitzer SE, Evapco, Inc., and Guntner GmbH & Co. KG.
Scope of the Asia Pacific Industrial Refrigeration Systems Market Analysis
Market Segmentation:
By Component
- Compressors
- Condensers
- Evaporators
- Controls
- Others
By Application
- Food & Beverages
- Refrigerated Warehouse
- Chemical, Petrochemical, & Pharmaceutical
- Refrigerated Transportation
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Companies Profiled
- Johnson Controls International PLC
- Emerson Electric Co.
- The Danfoss Group
- Daikin Industries, Ltd.
- Trane Technologies PLC
- Dover Corporation
- Mayekawa Mfg. Co., Ltd.
- Bitzer SE
- Evapco, Inc.
- Guntner GmbH & Co. KG
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Industrial Refrigeration Systems Market, by Component
1.4.2 Asia Pacific Industrial Refrigeration Systems Market, by Application
1.4.3 Asia Pacific Industrial Refrigeration Systems Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Executive Summary
2.1.3 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Geographical Expansions
3.2.4 Mergers & Acquisitions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions: 2016, Oct – 2020, Sep) Leading Players
Chapter 4. Asia Pacific Industrial Refrigeration Systems Market by Application
4.1 Asia Pacific Food & Beverages Industrial Refrigeration Systems Market by Country
4.2 Asia Pacific Refrigerated Warehouse Industrial Refrigeration Systems Market by Country
4.3 Asia Pacific Chemical, Petrochemical, & Pharmaceutical Industrial Refrigeration Systems Market by Country
4.4 Asia Pacific Refrigerated Transportation Application Industrial Refrigeration Systems Market by Country
Chapter 5. Asia Pacific Industrial Refrigeration Systems Market by Component
5.1 Asia Pacific Compressors Industrial Refrigeration Systems Market by Country
5.2 Asia Pacific Condensers Industrial Refrigeration Systems Market by Country
5.3 Asia Pacific Evaporators Industrial Refrigeration Systems Market by Country
5.4 Asia Pacific Controls Industrial Refrigeration Systems Market by Country
5.5 Asia Pacific Others Industrial Refrigeration Systems Market by Country
Chapter 6. Asia Pacific Industrial Refrigeration Systems Market by Country
6.1 China Industrial Refrigeration Systems Market
6.1.1 China Industrial Refrigeration Systems Market by Application
6.1.2 China Industrial Refrigeration Systems Market by Component
6.2 Japan Industrial Refrigeration Systems Market
6.2.1 Japan Industrial Refrigeration Systems Market by Application
6.2.2 Japan Industrial Refrigeration Systems Market by Component
6.3 India Industrial Refrigeration Systems Market
6.3.1 India Industrial Refrigeration Systems Market by Application
6.3.2 India Industrial Refrigeration Systems Market by Component
6.4 South Korea Industrial Refrigeration Systems Market
6.4.1 South Korea Industrial Refrigeration Systems Market by Application
6.4.2 South Korea Industrial Refrigeration Systems Market by Component
6.5 Singapore Industrial Refrigeration Systems Market
6.5.1 Singapore Industrial Refrigeration Systems Market by Application
6.5.2 Singapore Industrial Refrigeration Systems Market by Component
6.6 Malaysia Industrial Refrigeration Systems Market
6.6.1 Malaysia Industrial Refrigeration Systems Market by Application
6.6.2 Malaysia Industrial Refrigeration Systems Market by Component
6.7 Rest of Asia Pacific Industrial Refrigeration Systems Market
6.7.1 Rest of Asia Pacific Industrial Refrigeration Systems Market by Application
6.7.2 Rest of Asia Pacific Industrial Refrigeration Systems Market by Component
Chapter 7. Company Profiles
7.1 Johnson Controls International PLC
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Partnerships, Collaborations, and Agreements:
7.1.5.2 Acquisition and Mergers:
7.1.5.3 Product Launches and Product Expansions:
7.1.5.4 Geographical Expansions:
7.1.6 SWOT Analysis
7.2 Emerson Electric Co.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Product Launches and Product Expansions:
7.2.6 SWOT Analysis
7.3 The Danfoss Group
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental And Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Partnerships, Collaborations, and Agreements:
7.3.5.2 Acquisition and Mergers:
7.3.5.3 Product Launches and Product Expansions:
7.4 Daikin Industries, Ltd.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Regional & Segmental Analysis
7.4.4 Research & Development Expenses
7.4.5 Recent strategies and developments:
7.4.5.1 Partnerships, Collaborations, and Agreements:
7.4.5.2 Acquisition and Mergers:
7.4.5.3 Product Launches and Product Expansions:
7.4.5.4 Geographical Expansions:
7.4.6 SWOT Analysis
7.5 Trane Technologies PLC
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental Analysis
7.5.4 Research & Development Expense
7.5.5 Recent strategies and developments:
7.5.5.1 Product Launches and Product Expansions:
7.5.5.2 Acquisition and Mergers:
7.6 Dover Corporation
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Regional & Segmental Analysis
7.6.4 Research & Development Expenses
7.6.5 Recent strategies and developments:
7.6.5.1 Acquisition and Mergers:
7.7 Mayekawa Mfg. Co., Ltd.
7.7.1 Company Overview
7.7.2 Recent strategies and developments:
7.7.2.1 Product Launches and Product Expansions:
7.7.2.2 Geographical Expansions:
7.8 Bitzer SE
7.8.1 Company Overview
7.8.2 Recent strategies and developments:
7.8.2.1 Partnerships, Collaborations, and Agreements:
7.8.2.2 Acquisition and Mergers:
7.8.2.3 Product Launches and Product Expansions:
7.8.2.4 Geographical Expansions:
7.9 Evapco, Inc.
7.9.1 Company Overview
7.9.2 Recent strategies and developments:
7.9.2.1 Product Launches and Product Expansions:
7.9.2.2 Acquisition and Mergers:
7.10. Guntner GmbH & Co. KG
7.10.1 Company Overview
7.10.2 Recent strategies and developments:
7.10.2.1 Partnerships, Collaborations, and Agreements:
TABLE 1 Asia Pacific Industrial Refrigeration Systems Market, 2016 - 2019, USD Million
TABLE 2 Asia Pacific Industrial Refrigeration Systems Market, 2020 - 2026, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Industrial Refrigeration Systems Market
TABLE 4 Product Launches And Product Expansions– Industrial Refrigeration Systems Market
TABLE 5 Geographical Expansions– Industrial Refrigeration Systems Market
TABLE 6 Mergers & Acquisitions – Industrial Refrigeration Systems Market
TABLE 7 Asia Pacific Industrial Refrigeration Systems Market by Application, 2016 - 2019, USD Million
TABLE 8 Asia Pacific Industrial Refrigeration Systems Market by Application, 2020 - 2026, USD Million
TABLE 9 Asia Pacific Food & Beverages Industrial Refrigeration Systems Market by Country, 2016 - 2019, USD Million
TABLE 10 Asia Pacific Food & Beverages Industrial Refrigeration Systems Market by Country, 2020 - 2026, USD Million
TABLE 11 Asia Pacific Refrigerated Warehouse Industrial Refrigeration Systems Market by Country, 2016 - 2019, USD Million
TABLE 12 Asia Pacific Refrigerated Warehouse Industrial Refrigeration Systems Market by Country, 2020 - 2026, USD Million
TABLE 13 Asia Pacific Chemical, Petrochemical, & Pharmaceutical Industrial Refrigeration Systems Market by Country, 2016 - 2019, USD Million
TABLE 14 Asia Pacific Chemical, Petrochemical, & Pharmaceutical Industrial Refrigeration Systems Market by Country, 2020 - 2026, USD Million
TABLE 15 Asia Pacific Refrigerated Transportation Application Industrial Refrigeration Systems Market by Country, 2016 - 2019, USD Million
TABLE 16 Asia Pacific Refrigerated Transportation Application Industrial Refrigeration Systems Market by Country, 2020 - 2026, USD Million
TABLE 17 Asia Pacific Industrial Refrigeration Systems Market by Component, 2016 - 2019, USD Million
TABLE 18 Asia Pacific Industrial Refrigeration Systems Market by Component, 2020 - 2026, USD Million
TABLE 19 Asia Pacific Compressors Industrial Refrigeration Systems Market by Country, 2016 - 2019, USD Million
TABLE 20 Asia Pacific Compressors Industrial Refrigeration Systems Market by Country, 2020 - 2026, USD Million
TABLE 21 Asia Pacific Condensers Industrial Refrigeration Systems Market by Country, 2016 - 2019, USD Million
TABLE 22 Asia Pacific Condensers Industrial Refrigeration Systems Market by Country, 2020 - 2026, USD Million
TABLE 23 Asia Pacific Evaporators Industrial Refrigeration Systems Market by Country, 2016 - 2019, USD Million
TABLE 24 Asia Pacific Evaporators Industrial Refrigeration Systems Market by Country, 2020 - 2026, USD Million
TABLE 25 Asia Pacific Controls Industrial Refrigeration Systems Market by Country, 2016 - 2019, USD Million
TABLE 26 Asia Pacific Controls Industrial Refrigeration Systems Market by Country, 2020 - 2026, USD Million
TABLE 27 Asia Pacific Others Industrial Refrigeration Systems Market by Country, 2016 - 2019, USD Million
TABLE 28 Asia Pacific Others Industrial Refrigeration Systems Market by Country, 2020 - 2026, USD Million
TABLE 29 Asia Pacific Industrial Refrigeration Systems Market by Country, 2016 - 2019, USD Million
TABLE 30 Asia Pacific Industrial Refrigeration Systems Market by Country, 2020 - 2026, USD Million
TABLE 31 China Industrial Refrigeration Systems Market, 2016 - 2019, USD Million
TABLE 32 China Industrial Refrigeration Systems Market, 2020 - 2026, USD Million
TABLE 33 China Industrial Refrigeration Systems Market by Application, 2016 - 2019, USD Million
TABLE 34 China Industrial Refrigeration Systems Market by Application, 2020 - 2026, USD Million
TABLE 35 China Industrial Refrigeration Systems Market by Component, 2016 - 2019, USD Million
TABLE 36 China Industrial Refrigeration Systems Market by Component, 2020 - 2026, USD Million
TABLE 37 Japan Industrial Refrigeration Systems Market, 2016 - 2019, USD Million
TABLE 38 Japan Industrial Refrigeration Systems Market, 2020 - 2026, USD Million
TABLE 39 Japan Industrial Refrigeration Systems Market by Application, 2016 - 2019, USD Million
TABLE 40 Japan Industrial Refrigeration Systems Market by Application, 2020 - 2026, USD Million
TABLE 41 Japan Industrial Refrigeration Systems Market by Component, 2016 - 2019, USD Million
TABLE 42 Japan Industrial Refrigeration Systems Market by Component, 2020 - 2026, USD Million
TABLE 43 India Industrial Refrigeration Systems Market, 2016 - 2019, USD Million
TABLE 44 India Industrial Refrigeration Systems Market, 2020 - 2026, USD Million
TABLE 45 India Industrial Refrigeration Systems Market by Application, 2016 - 2019, USD Million
TABLE 46 India Industrial Refrigeration Systems Market by Application, 2020 - 2026, USD Million
TABLE 47 India Industrial Refrigeration Systems Market by Component, 2016 - 2019, USD Million
TABLE 48 India Industrial Refrigeration Systems Market by Component, 2020 - 2026, USD Million
TABLE 49 South Korea Industrial Refrigeration Systems Market, 2016 - 2019, USD Million
TABLE 50 South Korea Industrial Refrigeration Systems Market, 2020 - 2026, USD Million
TABLE 51 South Korea Industrial Refrigeration Systems Market by Application, 2016 - 2019, USD Million
TABLE 52 South Korea Industrial Refrigeration Systems Market by Application, 2020 - 2026, USD Million
TABLE 53 South Korea Industrial Refrigeration Systems Market by Component, 2016 - 2019, USD Million
TABLE 54 South Korea Industrial Refrigeration Systems Market by Component, 2020 - 2026, USD Million
TABLE 55 Singapore Industrial Refrigeration Systems Market, 2016 - 2019, USD Million
TABLE 56 Singapore Industrial Refrigeration Systems Market, 2020 - 2026, USD Million
TABLE 57 Singapore Industrial Refrigeration Systems Market by Application, 2016 - 2019, USD Million
TABLE 58 Singapore Industrial Refrigeration Systems Market by Application, 2020 - 2026, USD Million
TABLE 59 Singapore Industrial Refrigeration Systems Market by Component, 2016 - 2019, USD Million
TABLE 60 Singapore Industrial Refrigeration Systems Market by Component, 2020 - 2026, USD Million
TABLE 61 Malaysia Industrial Refrigeration Systems Market, 2016 - 2019, USD Million
TABLE 62 Malaysia Industrial Refrigeration Systems Market, 2020 - 2026, USD Million
TABLE 63 Malaysia Industrial Refrigeration Systems Market by Application, 2016 - 2019, USD Million
TABLE 64 Malaysia Industrial Refrigeration Systems Market by Application, 2020 - 2026, USD Million
TABLE 65 Malaysia Industrial Refrigeration Systems Market by Component, 2016 - 2019, USD Million
TABLE 66 Malaysia Industrial Refrigeration Systems Market by Component, 2020 - 2026, USD Million
TABLE 67 Rest of Asia Pacific Industrial Refrigeration Systems Market, 2016 - 2019, USD Million
TABLE 68 Rest of Asia Pacific Industrial Refrigeration Systems Market, 2020 - 2026, USD Million
TABLE 69 Rest of Asia Pacific Industrial Refrigeration Systems Market by Application, 2016 - 2019, USD Million
TABLE 70 Rest of Asia Pacific Industrial Refrigeration Systems Market by Application, 2020 - 2026, USD Million
TABLE 71 Rest of Asia Pacific Industrial Refrigeration Systems Market by Component, 2016 - 2019, USD Million
TABLE 72 Rest of Asia Pacific Industrial Refrigeration Systems Market by Component, 2020 - 2026, USD Million
TABLE 73 Key Information – Johnson Controls International PLC
TABLE 74 Key Information – Emerson Electric Co.
TABLE 75 Key Information – The Danfoss Group
TABLE 76 Key information – Daikin Industries, Ltd.
TABLE 77 Key Information – Trane Technologies PLC
TABLE 78 key information – Dover Corporation
TABLE 79 Key Information – Mayekawa Mfg. Co., Ltd.
TABLE 80 Key Information – Bitzer SE
TABLE 81 Key Information – Evapco, Inc.
TABLE 82 Key Information – Guntner GmbH & Co. KG
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2016-2020)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions: 2016, Oct – 2020, Sep) Leading Players
FIG 5 Recent strategies and developments: Johnson Controls International PLC
FIG 6 swot analsyis: Johnson controls international plc
FIG 7 Swot analysis: Emerson Electric CO.
FIG 8 Recent strategies and developments: The Danfoss Group
FIG 9 Recent strategies and developments: Daikin Industries, Ltd.
FIG 10 SWOT Analysis: Daikin Industries. Ltd.
FIG 11 Recent strategies and developments: Trane Technologies PLC
FIG 12 Recent strategies and developments: Mayekawa Mfg. Co., Ltd.
FIG 13 Recent strategies and developments: Bitzer SE
FIG 14 Recent strategies and developments: Evapco, Inc.