The Europe Refrigeration Coolers Market would witness market growth of 6.1% CAGR during the forecast period (2021-2027).
The improvements in commercial refrigeration coolers like artificial intelligence integration, expanding automation trends, and an increase in the number of quick-service restaurants in developing economies are acting as the growth catalysts for the Refrigeration Coolers market. In addition, increasing investment in refrigerated warehouses/cold storage, growing preference for frozen and processed foods, soaring development of advanced and portable refrigeration coolers for sale, and higher adoption of the natural refrigerant-based system in a variety of commercial and industrial applications are the some of the key trends of the industry.
In recent years, refrigerated warehouses, food and beverage processing, and meat and poultry processing have witnessed a higher need for refrigeration systems. Moreover, the expanding population of some countries creates a tremendous demand for food, which presents opportunities for food processing factories throughout the region. In addition, government subsidies for the creation of cold chain networks would encourage many businesses to deploy refrigeration coolers
The region is home to some of the prominent food and beverage production companies. To keep food goods fresh and frozen, the food and beverage industries are investing in modern refrigeration equipment. In addition, the constantly growing hospitality business, particularly in France, the United Kingdom, and Germany, has prompted regional restaurants to use these units to keep vast quantities of food to meet rising consumer demand. Moreover, the European countries' implementation of strict food safety standards is creating a tremendous need for these devices to maintain the safety of food products.
The increase in the number of quick-service restaurants (QSRs) and fast-food establishments is one of the key trends of the regional market. According to a report issued by Rlist and the Irish Food Board 2021, there are 900 KFC franchisees, 1,247 McDonald's outlets, and 2,380 Subway outlets in the UK in 2021, with numbers likely to rise in the future years.
The Germany market dominated the Europe Refrigeration Coolers Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $288.7 million by 2027. The UK market is anticipated to grow at a CAGR of 5.2% during (2021 - 2027). Additionally, The France market would expect a CAGR of 6.9% during (2021 - 2027).
Based on Component, the market is segmented into Evaporators & Air coolers and Condenser. Based on Refrigerant Type, the market is segmented into HFC/HFO, NH3, CO2, Glycol, and Others. Based on Application, the market is segmented into Commercial and Industrial. Based on Commercial Type, the market is segmented into Supermarkets & Hypermarkets, Convenience Stores & Mini Markets and Hospitality. Based on Industrial Type, the market is segmented into Refrigerated Warehouses, Beverage Processing, Fruit & Vegetable Processing, Dairy & Ice-cream Processing, Meat, Poultry, & Fish Processing and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Refrigeration Coolers Market Size will Hit $4.7 Billion by 2027, at a CAGR of 6.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Johnson Controls International PLC, Emerson Electric Co., Carrier Global Corporation, Daikin Industries, Ltd., The Danfoss Group, Lennox International, Inc., Guntner GmbH & Co. KG, Evapco, Inc., Baltimore Aircoil Company Inc. (Amsted Industries), and Koxka.
Scope of the Study
Market Segments Covered in the Report:
By Component
- Evaporators & Air coolers and
- Condenser
By Refrigerant Type
- HFC/HFO
- NH3
- CO2
- Glycol, and
- Others
By Application
- Commercial and
- Industrial
By Commercial Type
- Supermarkets & Hypermarkets
- Convenience Stores & Mini Markets and
- Hospitality
By Industrial Type
- Refrigerated Warehouses
- Beverage Processing
- Fruit & Vegetable Processing
- Dairy & Ice-cream Processing
- Meat
- Poultry, & Fish Processing and
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
Companies Profiled
- Johnson Controls International PLC
- Emerson Electric Co.
- Carrier Global Corporation
- Daikin Industries, Ltd.
- The Danfoss Group
- Lennox International, Inc.
- Guntner GmbH & Co. KG
- Evapco, Inc.
- Baltimore Aircoil Company Inc. (Amsted Industries)
- Koxka
TABLE 1 Europe Refrigeration Coolers Market, 2017 - 2020, USD Million
TABLE 2 Europe Refrigeration Coolers Market, 2021 - 2027, USD Million
TABLE 3 Europe Refrigeration Coolers Market by Component, 2017 - 2020, USD Million
TABLE 4 Europe Refrigeration Coolers Market by Component, 2021 - 2027, USD Million
TABLE 5 Europe Evaporators & Air coolers Market by Country, 2017 - 2020, USD Million
TABLE 6 Europe Evaporators & Air coolers Market by Country, 2021 - 2027, USD Million
TABLE 7 Europe Condenser Market by Country, 2017 - 2020, USD Million
TABLE 8 Europe Condenser Market by Country, 2021 - 2027, USD Million
TABLE 9 Europe Refrigeration Coolers Market by Refrigerant Type, 2017 - 2020, USD Million
TABLE 10 Europe Refrigeration Coolers Market by Refrigerant Type, 2021 - 2027, USD Million
TABLE 11 Europe HFC/HFO Market by Country, 2017 - 2020, USD Million
TABLE 12 Europe HFC/HFO Market by Country, 2021 - 2027, USD Million
TABLE 13 Europe NH3 Market by Country, 2017 - 2020, USD Million
TABLE 14 Europe NH3 Market by Country, 2021 - 2027, USD Million
TABLE 15 Europe CO2 Market by Country, 2017 - 2020, USD Million
TABLE 16 Europe CO2 Market by Country, 2021 - 2027, USD Million
TABLE 17 Europe Glycol Market by Country, 2017 - 2020, USD Million
TABLE 18 Europe Glycol Market by Country, 2021 - 2027, USD Million
TABLE 19 Europe Other Refrigerant Type Market by Country, 2017 - 2020, USD Million
TABLE 20 Europe Other Refrigerant Type Market by Country, 2021 - 2027, USD Million
TABLE 21 Europe Refrigeration Coolers Market by Application, 2017 - 2020, USD Million
TABLE 22 Europe Refrigeration Coolers Market by Application, 2021 - 2027, USD Million
TABLE 23 Europe Commercial Market by Country, 2017 - 2020, USD Million
TABLE 24 Europe Commercial Market by Country, 2021 - 2027, USD Million
TABLE 25 Europe Commercial Refrigeration Coolers Market by Type, 2017 - 2020, USD Million
TABLE 26 Europe Commercial Refrigeration Coolers Market by Type, 2021 - 2027, USD Million
TABLE 27 Europe Supermarkets & Hypermarkets Market by Country, 2017 - 2020, USD Million
TABLE 28 Europe Supermarkets & Hypermarkets Market by Country, 2021 - 2027, USD Million
TABLE 29 Europe Convenience Stores & Mini Markets Market by Country, 2017 - 2020, USD Million
TABLE 30 Europe Convenience Stores & Mini Markets Market by Country, 2021 - 2027, USD Million
TABLE 31 Europe Hospitality Market by Country, 2017 - 2020, USD Million
TABLE 32 Europe Hospitality Market by Country, 2021 - 2027, USD Million
TABLE 33 Europe Industrial Market by Country, 2017 - 2020, USD Million
TABLE 34 Europe Industrial Market by Country, 2021 - 2027, USD Million
TABLE 35 Europe Industrial Refrigeration Coolers Market by Type, 2017 - 2020, USD Million
TABLE 36 Europe Industrial Refrigeration Coolers Market by Type, 2021 - 2027, USD Million
TABLE 37 Europe Refrigerated Warehouses Market by Country, 2017 - 2020, USD Million
TABLE 38 Europe Refrigerated Warehouses Market by Country, 2021 - 2027, USD Million
TABLE 39 Europe Beverage Processing Market by Country, 2017 - 2020, USD Million
TABLE 40 Europe Beverage Processing Market by Country, 2021 - 2027, USD Million
TABLE 41 Europe Fruit & Vegetable Processing Market by Country, 2017 - 2020, USD Million
TABLE 42 Europe Fruit & Vegetable Processing Market by Country, 2021 - 2027, USD Million
TABLE 43 Europe Dairy & Ice-cream Processing Market by Country, 2017 - 2020, USD Million
TABLE 44 Europe Dairy & Ice-cream Processing Market by Country, 2021 - 2027, USD Million
TABLE 45 Europe Meat, Poultry, & Fish Processing Market by Country, 2017 - 2020, USD Million
TABLE 46 Europe Meat, Poultry, & Fish Processing Market by Country, 2021 - 2027, USD Million
TABLE 47 Europe Others Market by Country, 2017 - 2020, USD Million
TABLE 48 Europe Others Market by Country, 2021 - 2027, USD Million
TABLE 49 Europe Refrigeration Coolers Market by Country, 2017 - 2020, USD Million
TABLE 50 Europe Refrigeration Coolers Market by Country, 2021 - 2027, USD Million
TABLE 51 Germany Refrigeration Coolers Market, 2017 - 2020, USD Million
TABLE 52 Germany Refrigeration Coolers Market, 2021 - 2027, USD Million
TABLE 53 Germany Refrigeration Coolers Market by Component, 2017 - 2020, USD Million
TABLE 54 Germany Refrigeration Coolers Market by Component, 2021 - 2027, USD Million
TABLE 55 Germany Refrigeration Coolers Market by Refrigerant Type, 2017 - 2020, USD Million
TABLE 56 Germany Refrigeration Coolers Market by Refrigerant Type, 2021 - 2027, USD Million
TABLE 57 Germany Refrigeration Coolers Market by Application, 2017 - 2020, USD Million
TABLE 58 Germany Refrigeration Coolers Market by Application, 2021 - 2027, USD Million
TABLE 59 Germany Commercial Refrigeration Coolers Market by Type, 2017 - 2020, USD Million
TABLE 60 Germany Commercial Refrigeration Coolers Market by Type, 2021 - 2027, USD Million
TABLE 61 Germany Industrial Refrigeration Coolers Market by Type, 2017 - 2020, USD Million
TABLE 62 Germany Industrial Refrigeration Coolers Market by Type, 2021 - 2027, USD Million
TABLE 63 UK Refrigeration Coolers Market, 2017 - 2020, USD Million
TABLE 64 UK Refrigeration Coolers Market, 2021 - 2027, USD Million
TABLE 65 UK Refrigeration Coolers Market by Component, 2017 - 2020, USD Million
TABLE 66 UK Refrigeration Coolers Market by Component, 2021 - 2027, USD Million
TABLE 67 UK Refrigeration Coolers Market by Refrigerant Type, 2017 - 2020, USD Million
TABLE 68 UK Refrigeration Coolers Market by Refrigerant Type, 2021 - 2027, USD Million
TABLE 69 UK Refrigeration Coolers Market by Application, 2017 - 2020, USD Million
TABLE 70 UK Refrigeration Coolers Market by Application, 2021 - 2027, USD Million
TABLE 71 UK Commercial Refrigeration Coolers Market by Type, 2017 - 2020, USD Million
TABLE 72 UK Commercial Refrigeration Coolers Market by Type, 2021 - 2027, USD Million
TABLE 73 UK Industrial Refrigeration Coolers Market by Type, 2017 - 2020, USD Million
TABLE 74 UK Industrial Refrigeration Coolers Market by Type, 2021 - 2027, USD Million
TABLE 75 France Refrigeration Coolers Market, 2017 - 2020, USD Million
TABLE 76 France Refrigeration Coolers Market, 2021 - 2027, USD Million
TABLE 77 France Refrigeration Coolers Market by Component, 2017 - 2020, USD Million
TABLE 78 France Refrigeration Coolers Market by Component, 2021 - 2027, USD Million
TABLE 79 France Refrigeration Coolers Market by Refrigerant Type, 2017 - 2020, USD Million
TABLE 80 France Refrigeration Coolers Market by Refrigerant Type, 2021 - 2027, USD Million
TABLE 81 France Refrigeration Coolers Market by Application, 2017 - 2020, USD Million
TABLE 82 France Refrigeration Coolers Market by Application, 2021 - 2027, USD Million
TABLE 83 France Commercial Refrigeration Coolers Market by Type, 2017 - 2020, USD Million
TABLE 84 France Commercial Refrigeration Coolers Market by Type, 2021 - 2027, USD Million
TABLE 85 France Industrial Refrigeration Coolers Market by Type, 2017 - 2020, USD Million
TABLE 86 France Industrial Refrigeration Coolers Market by Type, 2021 - 2027, USD Million
TABLE 87 Russia Refrigeration Coolers Market, 2017 - 2020, USD Million
TABLE 88 Russia Refrigeration Coolers Market, 2021 - 2027, USD Million
TABLE 89 Russia Refrigeration Coolers Market by Component, 2017 - 2020, USD Million
TABLE 90 Russia Refrigeration Coolers Market by Component, 2021 - 2027, USD Million
TABLE 91 Russia Refrigeration Coolers Market by Refrigerant Type, 2017 - 2020, USD Million
TABLE 92 Russia Refrigeration Coolers Market by Refrigerant Type, 2021 - 2027, USD Million
TABLE 93 Russia Refrigeration Coolers Market by Application, 2017 - 2020, USD Million
TABLE 94 Russia Refrigeration Coolers Market by Application, 2021 - 2027, USD Million
TABLE 95 Russia Commercial Refrigeration Coolers Market by Type, 2017 - 2020, USD Million
TABLE 96 Russia Commercial Refrigeration Coolers Market by Type, 2021 - 2027, USD Million
TABLE 97 Russia Industrial Refrigeration Coolers Market by Type, 2017 - 2020, USD Million
TABLE 98 Russia Industrial Refrigeration Coolers Market by Type, 2021 - 2027, USD Million
TABLE 99 Spain Refrigeration Coolers Market, 2017 - 2020, USD Million
TABLE 100 Spain Refrigeration Coolers Market, 2021 - 2027, USD Million
TABLE 101 Spain Refrigeration Coolers Market by Component, 2017 - 2020, USD Million
TABLE 102 Spain Refrigeration Coolers Market by Component, 2021 - 2027, USD Million
TABLE 103 Spain Refrigeration Coolers Market by Refrigerant Type, 2017 - 2020, USD Million
TABLE 104 Spain Refrigeration Coolers Market by Refrigerant Type, 2021 - 2027, USD Million
TABLE 105 Spain Refrigeration Coolers Market by Application, 2017 - 2020, USD Million
TABLE 106 Spain Refrigeration Coolers Market by Application, 2021 - 2027, USD Million
TABLE 107 Spain Commercial Refrigeration Coolers Market by Type, 2017 - 2020, USD Million
TABLE 108 Spain Commercial Refrigeration Coolers Market by Type, 2021 - 2027, USD Million
TABLE 109 Spain Industrial Refrigeration Coolers Market by Type, 2017 - 2020, USD Million
TABLE 110 Spain Industrial Refrigeration Coolers Market by Type, 2021 - 2027, USD Million
TABLE 111 Italy Refrigeration Coolers Market, 2017 - 2020, USD Million
TABLE 112 Italy Refrigeration Coolers Market, 2021 - 2027, USD Million
TABLE 113 Italy Refrigeration Coolers Market by Component, 2017 - 2020, USD Million
TABLE 114 Italy Refrigeration Coolers Market by Component, 2021 - 2027, USD Million
TABLE 115 Italy Refrigeration Coolers Market by Refrigerant Type, 2017 - 2020, USD Million
TABLE 116 Italy Refrigeration Coolers Market by Refrigerant Type, 2021 - 2027, USD Million
TABLE 117 Italy Refrigeration Coolers Market by Application, 2017 - 2020, USD Million
TABLE 118 Italy Refrigeration Coolers Market by Application, 2021 - 2027, USD Million
TABLE 119 Italy Commercial Refrigeration Coolers Market by Type, 2017 - 2020, USD Million
TABLE 120 Italy Commercial Refrigeration Coolers Market by Type, 2021 - 2027, USD Million
TABLE 121 Italy Industrial Refrigeration Coolers Market by Type, 2017 - 2020, USD Million
TABLE 122 Italy Industrial Refrigeration Coolers Market by Type, 2021 - 2027, USD Million
TABLE 123 Rest of Europe Refrigeration Coolers Market, 2017 - 2020, USD Million
TABLE 124 Rest of Europe Refrigeration Coolers Market, 2021 - 2027, USD Million
TABLE 125 Rest of Europe Refrigeration Coolers Market by Component, 2017 - 2020, USD Million
TABLE 126 Rest of Europe Refrigeration Coolers Market by Component, 2021 - 2027, USD Million
TABLE 127 Rest of Europe Refrigeration Coolers Market by Refrigerant Type, 2017 - 2020, USD Million
TABLE 128 Rest of Europe Refrigeration Coolers Market by Refrigerant Type, 2021 - 2027, USD Million
TABLE 129 Rest of Europe Refrigeration Coolers Market by Application, 2017 - 2020, USD Million
TABLE 130 Rest of Europe Refrigeration Coolers Market by Application, 2021 - 2027, USD Million
TABLE 131 Rest of Europe Commercial Refrigeration Coolers Market by Type, 2017 - 2020, USD Million
TABLE 132 Rest of Europe Commercial Refrigeration Coolers Market by Type, 2021 - 2027, USD Million
TABLE 133 Rest of Europe Industrial Refrigeration Coolers Market by Type, 2017 - 2020, USD Million
TABLE 134 Rest of Europe Industrial Refrigeration Coolers Market by Type, 2021 - 2027, USD Million
TABLE 135 Key Information – Carrier Global Corporation
TABLE 136 Key information – Daikin Industries, Ltd.
TABLE 137 Key Information – Emerson Electric Co.
TABLE 138 Key information – Lennox International, Inc.
TABLE 139 Key Information – The Danfoss Group
TABLE 140 Key Information – Johnson Controls International PLC
TABLE 141 Key Information – Koxka
TABLE 142 Key Information – Baltimore Aircoil Company, Inc.
TABLE 143 Key Information – Guntner GmbH & Co. KG
TABLE 144 Key Information – Evapco, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Carrier Global Corporation
FIG 3 Recent strategies and developments: Daikin Industries, Ltd.
FIG 4 Recent strategies and developments: The Danfoss Group
FIG 5 Recent strategies and developments: Johnson Controls International PLC
FIG 6 Recent strategies and developments: Daikin Industries, Ltd.
FIG 7 Recent strategies and developments: Daikin Industries, Ltd.