The global commercial refrigeration equipment market attained a value of USD 45.11 Billion in 2025 and is projected to expand at a CAGR of 5.30% through 2035. The market is further expected to achieve USD 75.61 Billion by 2035. Rapid rise of hyperlocal grocery delivery logistics and dark-store cold rooms is pushing demand for compact, fast-deploy refrigeration that fits non-traditional retail footprints.
As retail formats expand beyond supermarkets, refrigeration strategies are shifting from large centralized systems to modular, digitally managed assets. In September 2023, Carrier Commercial Refrigeration launched Refrigeration-as-a-Service for the food retail industry in collaboration with relayr, inc. For retailers that run thousands of SKUs and huge energy bills, a drop in downtime has direct top-line and shrink benefits. This explains why procurement teams now compare not just energy labels, but predictive maintenance stack, case-level telemetry, and uptime guarantees before signing contracts, shaping the commercial refrigeration equipment market trends.
Growth in the market is also being shaped by food retail consolidation, rising cold-chain investments for pharmaceuticals, and cleaner refrigerant mandates pushing companies toward CO₂, hydrocarbons, and hybrid architectures. For example, in June 2024, Mitsubishi Heavy Industries Thermal Systems, Ltd. launched TEK series of compact electric-driven transport refrigeration units for small and mid-size trucks. Restaurants, supermarkets, cloud kitchens, and quick-commerce channels are paying more attention to modular refrigeration racks and distributed cases that can scale as locations get added, influencing the overall commercial refrigeration equipment market growth dynamics. Vendors who offer “plug-and-play” refrigeration pods paired with remote monitoring centers are also gaining traction.
Base Year
Historical Period
Forecast Period
Compound Annual Growth Rate
5.3%
Value in USD Billion
2026-2035
*this image is indicative*
| Global Commercial Refrigeration Equipment Market Report Summary | Description | Value |
| Base Year | USD Billion | 2025 |
| Historical Period | USD Billion | 2019-2025 |
| Forecast Period | USD Billion | 2026-2035 |
| Market Size 2025 | USD Billion | 45.11 |
| Market Size 2035 | USD Billion | 75.61 |
| CAGR 2019-2025 | Percentage | XX% |
| CAGR 2026-2035 | Percentage | 5.30% |
| CAGR 2026-2035 - Market by Region | Asia Pacific | 6.0% |
| CAGR 2026-2035 - Market by Country | India | 6.9% |
| CAGR 2026-2035 - Market by Country | Brazil | 6.1% |
| CAGR 2026-2035 - Market by System Type | Remotely Operated | 6.3% |
| CAGR 2026-2035 - Market by Application | Supermarkets and Hypermarkets | 5.9% |
| Market Share by Country 2025 | Australia | 4.5% |
Natural refrigerant regulations are probably the strongest structural growth factor driving commercial refrigeration equipment demand. The EU F-gas phase down has already cut F-gas emissions by around one third versus 2014 levels. Supermarkets have recognized this shift. Many chains are now committing to CO₂ or hydrocarbons for new systems. In November 2025, Frascold introduced its new ATEX-HT series of semi-hermetic piston compressors, designed to support high-temperature heat pump applications. This trend compels OEMs and rack builders to prioritize CO₂ case lines, condensing units and booster packs in their development roadmaps.
Energy efficiency programs and electricity price volatility together push buyers toward high performance commercial systems that stay predictable. The United States EPA named modular packaged commercial refrigeration systems as a 2024 ENERGY STAR Emerging Technology, highlighting their ability to cut energy use significantly in real stores. In August 2025, Carrier released the AquaSnap 30RQM, a modular air-sourced reversible heat pump designed for scalable performance and energy efficiency, driving the commercial refrigeration equipment market growth. In India, broader energy efficiency funds also encourage municipalities and public facilities to choose better performing chillers and cold rooms wherever possible.
Rapid expansion of cold storage and pharmaceutical logistics creates fresh opportunities for commercial refrigeration suppliers. Food and beverage players continue to boost demand, but pharmaceutical distributors are catching up fast. In October 2025, Holdsworth Foods added three new trucks equipped with ECOOLTEC TM182 transport refrigeration units as part of its sustainability strategy. Companies are focusing on supply chain investment in new and upgraded distribution centers in the United States, heavily focused on cold chain handling, redefining commercial refrigeration equipment market dynamics.
OEM product innovation around CO₂ technology is another growth engine across regions. Carrier Commercial Refrigeration’s latest CO₂ efficiency booster skid, launched in April 2024, targets up to 10% lower energy consumption versus conventional CO₂ booster systems in semi flooded mode. In April 2024, Carrier refreshed its QuietCO2OL condensing unit line to deliver higher flexibility for urban sites and smaller formats. These kinds of upgrades give grocery and convenience store operators a clear way to combine natural refrigerants with lower running costs and quieter operation, accelerating the commercial refrigeration equipment market value. System integrators that master CO₂ racks, condensing units and controls gain an edge in new builds and phased retrofits.
Digital monitoring and retrofittable intelligence are turning refrigeration fleets into managed assets. Blackfrog Technologies in India launched EMON-25, a smart medical refrigeration monitoring device that clips onto existing fridges and adds real time temperature, power and door status tracking in November 2025. The firm points out that cold chain failures cost the pharmaceutical sector to a significant extent due to discarded vaccines. Similar IoT gateways are penetrating food retail and warehouses, propelling demand in the commercial refrigeration equipment market. Vendors that bundle hardware, connectivity, analytics and service can differentiate without driving full equipment replacement.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The EMR’s report titled “Global Commercial Refrigeration Equipment Market Report and Forecast 2026-2035” offers a detailed analysis of the market based on the following segments:
Market Breakup by Product
Key Insight: Each product category included in the report serves as a different business priority. Refrigerators and freezers anchor core cold storage and significantly contributes to the market growth. Display cases drive merchandising results and seasonal selling strategies, accelerating the commercial refrigeration equipment market revenue. Transportation refrigeration protects goods while moving between hubs. Beverage refrigeration supports high-turn items, especially in QSR and pubs.
Market Breakup by System Type
Key Insight: System type choice depends on store size, assortment, and service readiness. Remote systems suit larger retail footprints driven by scale efficiency, solid uptime management, and tighter sustainability controls. Self-contained units support rapid format changes and smaller footprints where merchandizing flexibility matters more than maximum efficiency, boosting commercial refrigeration equipment market expansion.
Market Breakup by Application
Key Insight: While supermarkets rely on uptime and energy discipline to protect weekly essentials. Hotels and restaurants want compact systems that maintain food quality and meet health codes quietly. Convenience stores focus on agility and impulse selling. Bakeries need humidity control and gentle airflow to preserve textures. Other applications like cloud kitchens and pharma retail, push higher precision or distributed layouts.
Market Breakup by Region
Key Insight: Regional adoption aligns with cold-chain maturity, as per the commercial refrigeration equipment market report. North America and Europe remain strong replacement markets as new refrigerant rules continuously evolve. Asia Pacific grows through new-store openings and logistics build-out. Latin America depends on food export and QSR growth. Middle East & Africa see targeted installations expanding hospitality, hypermarkets, and fresh distribution. Global suppliers tailor portfolios by region with premium controls and CO₂ racks where uptime and remodeling speed matter the most.
By product, refrigerators and freezers dominate the market due to broad storage coverage
Refrigerators and freezers hold the dominant market share owing to their daily usage across supermarkets, hotels, cloud kitchens, and food warehouses. These systems store the highest-value inventory and protect against spoilage, so buyers look for upgrades around better airflow, quieter operations, and leak-proof refrigerant designs. Many companies now specify CO₂ and hydrocarbon-based solutions that reduce emission risk without compromising temperature pull-down speed, boosting growth in the commercial refrigeration equipment market. In September 2025, Liebherr USA, Co., Refrigerators and Freezers Division introduced its latest line of high-performance refrigerators and freezers with outstanding performance.
Refrigerated display cases are expanding at the fastest rate because they directly influence sales. Food retailers redesign stores more often now, and they want flexible merchandizing layouts that support grab-and-go meals, premium chilled beverages, and limited-time SKUs without long construction cycles. Plug-in CO₂ and hydrocarbon case lines help operators switch configurations overnight. OEMs add adaptive defrost, micro-monitoring, and low-noise fans that let stores place cases closer to shoppers.
By system type, remotely operated systems account for a substantial market share owing to energy and noise management
Remotely operated refrigeration systems currently dominate the market dynamics because they serve larger stores and warehouses where equipment efficiency, heat rejection, and service access are more controllable in a separate plant room. Retailers favor low noise generating aisles and reduced maintenance disruptions during store hours. Central racks allow supermarkets to control refrigerant leakage risks more aggressively, helping meet compliance targets. Integrators design these systems with smart suction control and variable-speed compression that adjust according to store loads. In November 2025, ENGIE Refrigeration introduced COOLCARE 4.0, a new cloud-based service designed to enhance monitoring and control of chillers.
Self-contained systems are expanding their share in the commercial refrigeration equipment market as retailers adopt smaller formats such as urban convenience stores, grab-and-go kiosks, and dark-store micro-fulfilment environments. These units reduce installation complexity because refrigeration is already built inside the case. They support quiet, low-leak hydrocarbon circuits that stay below charge limits but still deliver strong performance.
By application, supermarkets and hypermarkets largely contribute to the market revenue as they require reliable uptime and flexible layouts
Supermarkets and hypermarkets dominate the market because they own the largest refrigeration footprints and operate multiple case styles under one roof. Every cooling failure threatens fresh and frozen categories that drive daily foot traffic. Chains increasingly invest in equipment that improves reliability, reduces energy bills, and helps hit sustainability targets. They also focus on smart monitoring that gives asset managers real-time views into compressor load, case alarms, and fan health across entire networks.
Convenience stores open up several commercial refrigeration equipment market opportunities because they expand aggressively into fuel stations, transit hubs, and dense urban corridors. They store chilled beverages, ready-to-eat foods, and dairy offerings. Compact, plug-in cases help operators pack more high-velocity products into limited space.
By region, North America, supported by strong food-service investments and strict compliance, secures the leading position in the market
North America leads the global industry thanks to strong investment in food-service infrastructure, supermarket remodels, and cold-storage expansion. Retailers prioritize lower refrigerant leakage and grid-friendly controls to satisfy both cost and compliance pressure. Interest in CO₂ racks is surging gradually, particularly in progressive states. Chains also demand maintenance partnerships that reduce truck rolls with predictive analytics.
The commercial refrigeration equipment market in Asia Pacific is expanding quickly as urban households increase chilled food purchases, and cold chains extend deeper into emerging economies. Modern retail formats are scaling rapidly, especially supermarkets and convenience stores in Southeast Asia and India. Infrastructure upgrades in warehouse cold storage and pharma distribution add further demand.
| CAGR 2026-2035 - Market by | Country |
| India | 6.9% |
| Brazil | 6.1% |
| Australia | 5.7% |
| Saudi Arabia | 5.5% |
| USA | 4.9% |
| Canada | XX% |
| UK | 4.7% |
| Germany | XX% |
| France | XX% |
| Italy | XX% |
| China | XX% |
| Japan | XX% |
| Mexico | XX% |
Competitive strategies in the global industry are shifting from price-led selling to reliability and digital performance guarantees. Commercial refrigeration equipment companies are focusing on refrigerant transition support, remote monitoring services, and energy-saving architectures that protect uptime. The biggest opportunities are emerging in formats that remodel quickly among convenience chains, dark stores, QSR, and mixed-use retail where downtime directly affects profit margins.
Commercial refrigeration equipment market players that bundle field service, predictive diagnostics, and multi-site commissioning win long-term contracts. Cloud data dashboards, case-level sensing, and low-leak CO₂ and hydrocarbon platforms are becoming the key differentiators. Players that help supermarkets and warehouses comply with evolving refrigerant codes while keeping electricity use predictable are positioned best to scale across regions.
Denmark-based Danfoss serves the commercial refrigeration market with CO₂ and hydrocarbon-ready controls, compressors, case controllers, and electronic expansion valves. The company, founded in 1933, focuses on full-system energy optimization rather than selling standalone parts.
Emerson Electric Co., founded in 1890 and headquartered in the United States, supports the refrigeration market through its Copeland compressors, controls, and monitoring platforms. The company targets multi-site retailers, QSR brands, and logistics networks that expect predictable uptime.
Johnson Controls, founded in 1885 and headquartered in Ireland, plays in commercial refrigeration through integrated building management, cold-room equipment, and energy-performance platforms. The company caters to supermarkets, hotels, and distribution centers that want refrigeration working seamlessly with HVAC, security, and building automation systems.
Founded in the year 2002 with its head office located in teh United States, Ali Group North America provides a broad catalog of commercial refrigeration brands used across restaurants, bakeries, cafés, convenience stores, and food-service chains. The company focuses on durable cabinets, prep tables, and display equipment designed for heavy daily use in busy kitchens.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other key players in the market include Electrolux Professional AB, Daikin Europe N.V., Dover Corporation, Hussmann Corporation, and Excellence Industries, among others.
Unlock the latest insights with our commercial refrigeration equipment market trends 2026 report. Discover regional growth patterns, consumer preferences, and key industry players. Stay ahead of competition with trusted data and expert analysis. Download your free sample report today and drive informed decisions in the market.
Upto 15% Off
USD
$2499 $2249
$3999 $3599
$4999 $4249
$5999 $5099
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
In 2025, the market reached an approximate value of USD 45.11 Billion.
The market is projected to grow at a CAGR of 5.30% between 2026 and 2035.
The market is estimated to witness a healthy growth in the forecast period of 2026-2035 to reach a value of USD 75.61 Billion by 2035.
Key strategies driving the market include expanding retrofit-ready product lines, training technicians on next-gen refrigerants, bundling uptime SLAs with analytics, localizing service hubs, and targeting growth formats like convenience chains and dark-store cold rooms.
The key trends in the commercial refrigeration equipment market include technological innovations by the major market players aimed towards producing eco-friendly refrigerators and use of commercial refrigeration equipment for display and promotion of frozen food products.
Refrigerator and freezer, refrigerated display case, transportation refrigeration, beverage refrigeration, and ice merchandisers and ice vending equipment, among others, are the different products included in the market.
Self-contained and remotely operated are the segments of the market based on system type.
Hotels and restaurants, supermarkets and hypermarkets, convenience stores, and bakeries, among others, are the different applications included in the market.
The major components used in commercial refrigeration equipment include compressor, condenser, evaporator, and expansion devices, among others.
The key players in the market include Danfoss, Emerson Electric Co., Johnson Controls, Ali Group North America, Electrolux Professional AB, Daikin Europe N.V., Dover Corporation, Hussmann Corporation, and Excellence Industries, among others.
Companies face refrigerant-transition pressure, high energy price risk, shortage of skilled technicians, complex retrofit timelines in live stores, and compressed margins from food-retail consolidation demanding stronger uptime commitments.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Product |
|
| Breakup by System Type |
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
Datasheet
One User
USD 2,499
USD 2,249
tax inclusive*
Single User License
One User
USD 3,999
USD 3,599
tax inclusive*
Five User License
Five User
USD 4,999
USD 4,249
tax inclusive*
Corporate License
Unlimited Users
USD 5,999
USD 5,099
tax inclusive*
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Flash Bundle
Small Business Bundle
Growth Bundle
Enterprise Bundle
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Flash Bundle
Number of Reports: 3
20%
tax inclusive*
Small Business Bundle
Number of Reports: 5
25%
tax inclusive*
Growth Bundle
Number of Reports: 8
30%
tax inclusive*
Enterprise Bundle
Number of Reports: 10
35%
tax inclusive*
How To Order
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
Share