Europe Refrigeration and Heating Equipment Market (2025-2031) | Share, Value, Analysis, Growth, Forecast, Industry, Companies, Size, Trends, Revenue & Outlook

Market Forecast by Countries (Germany, United Kingdom, France, Italy, Russia, Spain, Rest of Europe), By Heating Equipment (Heating Pumps, Furnaces, Boilers, Space heaters, Unitary heaters, Others), By Cooling Equipments (Cooling Towers, Chillers, Coolers, Air conditioners, Others), By General Components (Condensers, Compressors, Radiators, Sensors, Transducers, Others), By End-User Industries (Residential, Commercial, Healthcare Industry, Educational and government institutions, Others) And Competitive Landscape

Product Code: ETC057705 Publication Date: Feb 2021 Updated Date: Aug 2025 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 200 No. of Figures: 90 No. of Tables: 30

Europe Refrigeration and Heating Equipment Market Size & Growth Rate

According to 6Wresearch internal database and industry insights, the Europe Refrigeration and Heating Equipment Market was valued at USD 41.6 billion in 2024 and is estimated to reach USD 56.3 billion by 2031, representing a compound annual growth rate (CAGR) of 4.4% during the forecast period (2025-2031).

Europe Refrigeration and Heating Equipment Market Highlights

Report Name Europe Refrigeration and Heating Equipment Market
Forecast Period 2025-2031
CAGR 4.4%
Market Size USD 56.3 billion by 2031
Growing Sector Energy-Efficient Systems and Sustainable HVAC Solutions

Topics Covered in the Europe Refrigeration and Heating Equipment Market Report

The Europe Refrigeration and Heating Equipment Market report comprehensively covers the market by Countries, Heating Equipment, Cooling Equipment’s, General Components, and End-User Industries. It provides a thorough and unbiased analysis of the prevailing market trends, long-term growth prospects, and major driving forces shaping the industry. The report helps stakeholders, policymakers, manufacturers, and investors align strategies with the evolving demand for energy-efficient, sustainable, and technologically advanced refrigeration and heating systems across Europe’s residential, industrial, and commercial domains.

Europe Refrigeration and Heating Equipment Market Synopsis

The Europe Refrigeration and Heating Equipment Industry is undergoing significant transformation, fuelled by the convergence of technological innovation, sustainability regulations, and the rising need for energy-efficient temperature control solutions. Trends in growth are reinforced by high demands of food and beverage industries where refrigeration and sophisticated cold storage are essential in food safety and preservation of products in terms of shelf life. In the same way, the growth of the European cold chain logistics of pharmaceutical products has intensified the demand of trusted cooling devices.

The Europe Refrigeration and Heating Equipment Market is projected to grow at a CAGR of 4.4% during 2025-2031. The market is being shaped by factors such as rising urbanization, demand for smart HVAC systems, and growing emphasis on renewable-integrated heating solutions. A sharp increase in data centre construction and digitization across industries is further accelerating demand for efficient cooling equipment. The adoption of eco-friendly refrigerants, such as natural CO2-based systems, and the replacement of aging equipment with smart, IoT-enabled solutions are adding momentum to Heating Equipment Market Growth.

However, the industry also faces challenges in terms of high upfront installation and maintenance costs, regulatory complexities around refrigerant usage, and the availability of skilled professionals to operate advanced systems. It will be necessary to address these impediments and also strike this balance between sustainability and affordability that can maximise the opportunities of the market.

Europe Refrigeration and Heating Equipment Market Trends

The Environment is heavily influencing the Refrigeration and Heating Equipment Market in Europe as there are various emerging trends taking the market by storm due to their redefining efficiency, sustainability and innovation. Among the key tendencies, one should distinguish the increased use of IoT-based monitoring and AI-driven predictive maintenance that help businesses and households cut energy costs, avoid failures of the systems, and prolong the service life of devices. It is also evident that there is a direction towards use of eco-friendly refrigerants and those with low global warming index, going into line with the EU commitment in terms of neutrality with regard to water in the atmosphere.

Investment Opportunities in the Europe Refrigeration and Heating Equipment Market

The Europe Refrigeration and Heating Equipment Market Revenue is witnessing strong growth driven by rising demand for energy-efficient refrigeration systems, expanding cold chain logistics, and rapid adoption of renewable-integrated heating solutions. Significant revenue streams are emerging from advanced commercial refrigeration units, cold storage warehouses, and transport refrigeration, which are crucial for Europe’s growing fresh and frozen food market. On the heating side, revenue growth is strongly influenced by government-backed incentives for renewable-integrated technologies such as heat pumps and hybrid HVAC systems, which are increasingly adopted across residential, commercial, and industrial applications.

Leading Players in the Europe Refrigeration and Heating Equipment Market

The Europe Refrigeration and Heating Equipment Market is quite competitive where the international and local players are consistently developing new products to win the market. Leading companies are Daikin Industries, Carrier Global Corporation, Johnson Controls, Trane Technologies, and Danfoss Group. These players are diversifying their portfolio to consist of advanced heat pumps, low-GWP refrigeration and IoT-based energy management systems. A substantial amount of their investments is also widened to R&D, in digital technologies, and eco-friendly refrigerants conforming to the new EU-regulations.

Government Regulations in the Europe Refrigeration and Heating Equipment Market

The European Union has come in with strict standards to encourage sustainability, efficiency, and safety in refrigeration and heating systems. The F-Gas Regulation will also gradually eliminate the use of high-GWP refrigerants with its phase-down mechanism, compelling manufacturers to resort to less harmful and environment-friendly refrigerants. The Energy Efficiency Directive and the Eco-design Directive establish minimum performance requirements on the use of energy-using products, whereas the EU Green Deal promotes low-carbon technologies by driving the implementation of clean technology, including heat pumps.

Future Insights of the Europe Refrigeration and Heating Equipment Market

The Europe Refrigeration and Heating Equipment market is poised to make a steady growth reinforced by the ever-increasing demand of sustainable climate control systems and integration of renewable energy in heating and cooling. Innovation in wireless connectivity, AI-based monitoring, and predictive analytics will restructure operational efficiency at minimal cost and impact on the environment. The standardization of the use of ecofriendly refrigerants and the increased use of heat pumps enabled by EU policies will further promote rapid adoption.

Market Segmentation Analysis

The report offers a comprehensive study of the following market segments and their leading categories:

Germany to Dominate the Market – By Country

According to Sachin, Senior Research Analyst at 6Wresearch, Germany holds the Europe Refrigeration and Heating Equipment Market Share, supported by advanced cold chain logistics, rising adoption of heat pumps, and strict EU energy efficiency regulations.

Heat Pumps to Lead the Market – By Heating Equipment

Within heating equipment categories, Heat Pumps dominate the Europe Refrigeration and Heating Equipment Market as they are widely adopted for residential and commercial applications. Their energy efficiency, government incentives, and role in achieving carbon neutrality drive their leading position.

Air Conditioners to Dominate the Market – By Cooling Equipment

By cooling equipment, Air Conditioners account for the largest share in the Europe Refrigeration and Heating Equipment Market. Increasing demand from households, commercial spaces, and healthcare facilities, coupled with innovation in smart and energy-efficient ACs, supports their dominance.

Compressors to Lead the Market – By General Components

Among general components, Compressors dominate the Europe Refrigeration and Heating Equipment Market as they are critical for both cooling and heating systems. Their efficiency improvements and rising usage across HVAC, industrial refrigeration, and chillers drive their leadership.

Commercial Sector to Dominate the Market – By End-User Industries

By end-user industries, the Commercial Sector holds the largest share in the Europe Refrigeration and Heating Equipment Market. High demand from retail, hospitality, food processing, and healthcare industries, combined with the need for reliable cold storage and HVAC systems, fuels its leading role.

Key Attractiveness of the Report

  • 10 Years of Market Numbers.
  • Historical Data Starting from 2021 to 2024.
  • Base Year: 2024
  • Forecast Data until 2031.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • Europe Refrigeration and Heating Equipment Market Outlook
  • Market Size of Europe Refrigeration and Heating Equipment Market, 2021
  • Forecast of Europe Refrigeration and Heating Equipment Market, 2031
  • Historical Data and Forecast of Europe Refrigeration and Heating Equipment Revenues & Volume for the Period 2021 - 2031F
  • Europe Refrigeration and Heating Equipment Market Trend Evolution
  • Europe Refrigeration and Heating Equipment Market Drivers and Challenges
  • Europe Refrigeration and Heating Equipment Price Trends
  • Europe Refrigeration and Heating Equipment Porter's Five Forces
  • Europe Refrigeration and Heating Equipment Industry Life Cycle
  • Historical Data and Forecast of Europe Refrigeration and Heating Equipment Market Revenues & Volume By Heating equipment for the Period 2021 - 2031F
  • Historical Data and Forecast of Europe Refrigeration and Heating Equipment Market Revenues & Volume By Heating Pumps for the Period 2021 - 2031F
  • Historical Data and Forecast of Europe Refrigeration and Heating Equipment Market Revenues & Volume By Furnaces for the Period 2021 - 2031F
  • Historical Data and Forecast of Europe Refrigeration and Heating Equipment Market Revenues & Volume By Boilers for the Period 2021 - 2031F
  • Historical Data and Forecast of Europe Refrigeration and Heating Equipment Market Revenues & Volume By Space heaters for the Period 2021 - 2031F
  • Historical Data and Forecast of Europe Refrigeration and Heating Equipment Market Revenues & Volume By Unitary heaters for the Period 2021 - 2031F
  • Historical Data and Forecast of Europe Refrigeration and Heating Equipment Market Revenues & Volume By Others for the Period 2021 - 2031F
  • Historical Data and Forecast of Germany Refrigeration and Heating Equipment Market Revenues & Volume By Heating equipment for the Period 2021 - 2031F
  • Historical Data and Forecast of Germany Refrigeration and Heating Equipment Market Revenues & Volume By Heating Pumps for the Period 2021 - 2031F
  • Historical Data and Forecast of Germany Refrigeration and Heating Equipment Market Revenues & Volume By Furnaces for the Period 2021 - 2031F
  • Historical Data and Forecast of Germany Refrigeration and Heating Equipment Market Revenues & Volume By Boilers for the Period 2021 - 2031F
  • Historical Data and Forecast of Germany Refrigeration and Heating Equipment Market Revenues & Volume By Space heaters for the Period 2021 - 2031F
  • Historical Data and Forecast of Germany Refrigeration and Heating Equipment Market Revenues & Volume By Unitary heaters for the Period 2021 - 2031F
  • Historical Data and Forecast of Germany Refrigeration and Heating Equipment Market Revenues & Volume By Others for the Period 2021 - 2031F
  • Historical Data and Forecast of United Kingdom Refrigeration and Heating Equipment Market Revenues & Volume By Heating equipment for the Period 2021 - 2031F
  • Historical Data and Forecast of United Kingdom Refrigeration and Heating Equipment Market Revenues & Volume By Heating Pumps for the Period 2021 - 2031F
  • Historical Data and Forecast of United Kingdom Refrigeration and Heating Equipment Market Revenues & Volume By Furnaces for the Period 2021 - 2031F
  • Historical Data and Forecast of United Kingdom Refrigeration and Heating Equipment Market Revenues & Volume By Boilers for the Period 2021 - 2031F
  • Historical Data and Forecast of United Kingdom Refrigeration and Heating Equipment Market Revenues & Volume By Space heaters for the Period 2021 - 2031F
  • Historical Data and Forecast of United Kingdom Refrigeration and Heating Equipment Market Revenues & Volume By Unitary heaters for the Period 2021 - 2031F
  • Historical Data and Forecast of United Kingdom Refrigeration and Heating Equipment Market Revenues & Volume By Others for the Period 2021 - 2031F
  • Historical Data and Forecast of France Refrigeration and Heating Equipment Market Revenues & Volume By Heating equipment for the Period 2021 - 2031F
  • Historical Data and Forecast of France Refrigeration and Heating Equipment Market Revenues & Volume By Heating Pumps for the Period 2021 - 2031F
  • Historical Data and Forecast of France Refrigeration and Heating Equipment Market Revenues & Volume By Furnaces for the Period 2021 - 2031F
  • Historical Data and Forecast of France Refrigeration and Heating Equipment Market Revenues & Volume By Boilers for the Period 2021 - 2031F
  • Historical Data and Forecast of France Refrigeration and Heating Equipment Market Revenues & Volume By Space heaters for the Period 2021 - 2031F
  • Historical Data and Forecast of France Refrigeration and Heating Equipment Market Revenues & Volume By Unitary heaters for the Period 2021 - 2031F
  • Historical Data and Forecast of France Refrigeration and Heating Equipment Market Revenues & Volume By Others for the Period 2021 - 2031F
  • Historical Data and Forecast of Italy Refrigeration and Heating Equipment Market Revenues & Volume By Heating equipment for the Period 2021 - 2031F
  • Historical Data and Forecast of Italy Refrigeration and Heating Equipment Market Revenues & Volume By Heating Pumps for the Period 2021 - 2031F
  • Historical Data and Forecast of Italy Refrigeration and Heating Equipment Market Revenues & Volume By Furnaces for the Period 2021 - 2031F
  • Historical Data and Forecast of Italy Refrigeration and Heating Equipment Market Revenues & Volume By Boilers for the Period 2021 - 2031F
  • Historical Data and Forecast of Italy Refrigeration and Heating Equipment Market Revenues & Volume By Space heaters for the Period 2021 - 2031F
  • Historical Data and Forecast of Italy Refrigeration and Heating Equipment Market Revenues & Volume By Unitary heaters for the Period 2021 - 2031F
  • Historical Data and Forecast of Italy Refrigeration and Heating Equipment Market Revenues & Volume By Others for the Period 2021 - 2031F
  • Historical Data and Forecast of Russia Refrigeration and Heating Equipment Market Revenues & Volume By Heating equipment for the Period 2021 - 2031F
  • Historical Data and Forecast of Russia Refrigeration and Heating Equipment Market Revenues & Volume By Heating Pumps for the Period 2021 - 2031F
  • Historical Data and Forecast of Russia Refrigeration and Heating Equipment Market Revenues & Volume By Furnaces for the Period 2021 - 2031F
  • Historical Data and Forecast of Russia Refrigeration and Heating Equipment Market Revenues & Volume By Boilers for the Period 2021 - 2031F
  • Historical Data and Forecast of Russia Refrigeration and Heating Equipment Market Revenues & Volume By Space heaters for the Period 2021 - 2031F
  • Historical Data and Forecast of Russia Refrigeration and Heating Equipment Market Revenues & Volume By Unitary heaters for the Period 2021 - 2031F
  • Historical Data and Forecast of Russia Refrigeration and Heating Equipment Market Revenues & Volume By Others for the Period 2021 - 2031F
  • Historical Data and Forecast of Spain Refrigeration and Heating Equipment Market Revenues & Volume By Heating equipment for the Period 2021 - 2031F
  • Historical Data and Forecast of Spain Refrigeration and Heating Equipment Market Revenues & Volume By Heating Pumps for the Period 2021 - 2031F
  • Historical Data and Forecast of Spain Refrigeration and Heating Equipment Market Revenues & Volume By Furnaces for the Period 2021 - 2031F
  • Historical Data and Forecast of Spain Refrigeration and Heating Equipment Market Revenues & Volume By Boilers for the Period 2021 - 2031F
  • Historical Data and Forecast of Spain Refrigeration and Heating Equipment Market Revenues & Volume By Space heaters for the Period 2021 - 2031F
  • Historical Data and Forecast of Spain Refrigeration and Heating Equipment Market Revenues & Volume By Unitary heaters for the Period 2021 - 2031F
  • Historical Data and Forecast of Spain Refrigeration and Heating Equipment Market Revenues & Volume By Others for the Period 2021 - 2031F
  • Historical Data and Forecast of Rest of Europe Refrigeration and Heating Equipment Market Revenues & Volume By Heating equipment for the Period 2021 - 2031F
  • Historical Data and Forecast of Rest of Europe Refrigeration and Heating Equipment Market Revenues & Volume By Heating Pumps for the Period 2021 - 2031F
  • Historical Data and Forecast of Rest of Europe Refrigeration and Heating Equipment Market Revenues & Volume By Furnaces for the Period 2021 - 2031F
  • Historical Data and Forecast of Rest of Europe Refrigeration and Heating Equipment Market Revenues & Volume By Boilers for the Period 2021 - 2031F
  • Historical Data and Forecast of Rest of Europe Refrigeration and Heating Equipment Market Revenues & Volume By Space heaters for the Period 2021 - 2031F
  • Historical Data and Forecast of Rest of Europe Refrigeration and Heating Equipment Market Revenues & Volume By Unitary heaters for the Period 2021 - 2031F
  • Historical Data and Forecast of Rest of Europe Refrigeration and Heating Equipment Market Revenues & Volume By Others for the Period 2021 - 2031F
  • Historical Data and Forecast of Europe Refrigeration and Heating Equipment Market Revenues & Volume By Cooling Equipments for the Period 2021 - 2031F
  • Historical Data and Forecast of Europe Refrigeration and Heating Equipment Market Revenues & Volume By Cooling towers for the Period 2021 - 2031F
  • Historical Data and Forecast of Europe Refrigeration and Heating Equipment Market Revenues & Volume By Chillers for the Period 2021 - 2031F
  • Historical Data and Forecast of Europe Refrigeration and Heating Equipment Market Revenues & Volume By Coolers for the Period 2021 - 2031F
  • Historical Data and Forecast of Europe Refrigeration and Heating Equipment Market Revenues & Volume By Air conditioners for the Period 2021 - 2031F
  • Historical Data and Forecast of Europe Refrigeration and Heating Equipment Market Revenues & Volume By Others for the Period 2021 - 2031F
  • Historical Data and Forecast of Germany Refrigeration and Heating Equipment Market Revenues & Volume By Cooling Equipments for the Period 2021 - 2031F
  • Historical Data and Forecast of Germany Refrigeration and Heating Equipment Market Revenues & Volume By Cooling towers for the Period 2021 - 2031F
  • Historical Data and Forecast of Germany Refrigeration and Heating Equipment Market Revenues & Volume By Chillers for the Period 2021 - 2031F
  • Historical Data and Forecast of Germany Refrigeration and Heating Equipment Market Revenues & Volume By Coolers for the Period 2021 - 2031F
  • Historical Data and Forecast of Germany Refrigeration and Heating Equipment Market Revenues & Volume By Air conditioners for the Period 2021 - 2031F
  • Historical Data and Forecast of Germany Refrigeration and Heating Equipment Market Revenues & Volume By Others for the Period 2021 - 2031F
  • Historical Data and Forecast of United Kingdom Refrigeration and Heating Equipment Market Revenues & Volume By Cooling Equipments for the Period 2021 - 2031F
  • Historical Data and Forecast of United Kingdom Refrigeration and Heating Equipment Market Revenues & Volume By Cooling towers for the Period 2021 - 2031F
  • Historical Data and Forecast of United Kingdom Refrigeration and Heating Equipment Market Revenues & Volume By Chillers for the Period 2021 - 2031F
  • Historical Data and Forecast of United Kingdom Refrigeration and Heating Equipment Market Revenues & Volume By Coolers for the Period 2021 - 2031F
  • Historical Data and Forecast of United Kingdom Refrigeration and Heating Equipment Market Revenues & Volume By Air conditioners for the Period 2021 - 2031F
  • Historical Data and Forecast of United Kingdom Refrigeration and Heating Equipment Market Revenues & Volume By Others for the Period 2021 - 2031F
  • Historical Data and Forecast of France Refrigeration and Heating Equipment Market Revenues & Volume By Cooling Equipments for the Period 2021 - 2031F
  • Historical Data and Forecast of France Refrigeration and Heating Equipment Market Revenues & Volume By Cooling towers for the Period 2021 - 2031F
  • Historical Data and Forecast of France Refrigeration and Heating Equipment Market Revenues & Volume By Chillers for the Period 2021 - 2031F
  • Historical Data and Forecast of France Refrigeration and Heating Equipment Market Revenues & Volume By Coolers for the Period 2021 - 2031F
  • Historical Data and Forecast of France Refrigeration and Heating Equipment Market Revenues & Volume By Air conditioners for the Period 2021 - 2031F
  • Historical Data and Forecast of France Refrigeration and Heating Equipment Market Revenues & Volume By Others for the Period 2021 - 2031F
  • Historical Data and Forecast of Italy Refrigeration and Heating Equipment Market Revenues & Volume By Cooling Equipments for the Period 2021 - 2031F
  • Historical Data and Forecast of Italy Refrigeration and Heating Equipment Market Revenues & Volume By Cooling towers for the Period 2021 - 2031F
  • Historical Data and Forecast of Italy Refrigeration and Heating Equipment Market Revenues & Volume By Chillers for the Period 2021 - 2031F
  • Historical Data and Forecast of Italy Refrigeration and Heating Equipment Market Revenues & Volume By Coolers for the Period 2021 - 2031F
  • Historical Data and Forecast of Italy Refrigeration and Heating Equipment Market Revenues & Volume By Air conditioners for the Period 2021 - 2031F
  • Historical Data and Forecast of Italy Refrigeration and Heating Equipment Market Revenues & Volume By Others for the Period 2021 - 2031F
  • Historical Data and Forecast of Russia Refrigeration and Heating Equipment Market Revenues & Volume By Cooling Equipments for the Period 2021 - 2031F
  • Historical Data and Forecast of Russia Refrigeration and Heating Equipment Market Revenues & Volume By Cooling towers for the Period 2021 - 2031F
  • Historical Data and Forecast of Russia Refrigeration and Heating Equipment Market Revenues & Volume By Chillers for the Period 2021 - 2031F
  • Historical Data and Forecast of Russia Refrigeration and Heating Equipment Market Revenues & Volume By Coolers for the Period 2021 - 2031F
  • Historical Data and Forecast of Russia Refrigeration and Heating Equipment Market Revenues & Volume By Air conditioners for the Period 2021 - 2031F
  • Historical Data and Forecast of Russia Refrigeration and Heating Equipment Market Revenues & Volume By Others for the Period 2021 - 2031F
  • Historical Data and Forecast of Spain Refrigeration and Heating Equipment Market Revenues & Volume By Cooling Equipments for the Period 2021 - 2031F
  • Historical Data and Forecast of Spain Refrigeration and Heating Equipment Market Revenues & Volume By Cooling towers for the Period 2021 - 2031F
  • Historical Data and Forecast of Spain Refrigeration and Heating Equipment Market Revenues & Volume By Chillers for the Period 2021 - 2031F
  • Historical Data and Forecast of Spain Refrigeration and Heating Equipment Market Revenues & Volume By Coolers for the Period 2021 - 2031F
  • Historical Data and Forecast of Spain Refrigeration and Heating Equipment Market Revenues & Volume By Air conditioners for the Period 2021 - 2031F
  • Historical Data and Forecast of Spain Refrigeration and Heating Equipment Market Revenues & Volume By Others for the Period 2021 - 2031F
  • Historical Data and Forecast of Rest of Europe Refrigeration and Heating Equipment Market Revenues & Volume By Cooling Equipments for the Period 2021 - 2031F
  • Historical Data and Forecast of Rest of Europe Refrigeration and Heating Equipment Market Revenues & Volume By Cooling towers for the Period 2021 - 2031F
  • Historical Data and Forecast of Rest of Europe Refrigeration and Heating Equipment Market Revenues & Volume By Chillers for the Period 2021 - 2031F
  • Historical Data and Forecast of Rest of Europe Refrigeration and Heating Equipment Market Revenues & Volume By Coolers for the Period 2021 - 2031F
  • Historical Data and Forecast of Rest of Europe Refrigeration and Heating Equipment Market Revenues & Volume By Air conditioners for the Period 2021 - 2031F
  • Historical Data and Forecast of Rest of Europe Refrigeration and Heating Equipment Market Revenues & Volume By Others for the Period 2021 - 2031F
  • Historical Data and Forecast of Europe Refrigeration and Heating Equipment Market Revenues & Volume By General Components for the Period 2021 - 2031F
  • Historical Data and Forecast of Europe Refrigeration and Heating Equipment Market Revenues & Volume By Condensers for the Period 2021 - 2031F
  • Historical Data and Forecast of Europe Refrigeration and Heating Equipment Market Revenues & Volume By Compressors for the Period 2021 - 2031F
  • Historical Data and Forecast of Europe Refrigeration and Heating Equipment Market Revenues & Volume By Radiators for the Period 2021 - 2031F
  • Historical Data and Forecast of Europe Refrigeration and Heating Equipment Market Revenues & Volume By Sensors for the Period 2021 - 2031F
  • Historical Data and Forecast of Europe Refrigeration and Heating Equipment Market Revenues & Volume By Transducers for the Period 2021 - 2031F
  • Historical Data and Forecast of Europe Refrigeration and Heating Equipment Market Revenues & Volume By Others for the Period 2021 - 2031F
  • Historical Data and Forecast of Germany Refrigeration and Heating Equipment Market Revenues & Volume By General Components for the Period 2021 - 2031F
  • Historical Data and Forecast of Germany Refrigeration and Heating Equipment Market Revenues & Volume By Condensers for the Period 2021 - 2031F
  • Historical Data and Forecast of Germany Refrigeration and Heating Equipment Market Revenues & Volume By Compressors for the Period 2021 - 2031F
  • Historical Data and Forecast of Germany Refrigeration and Heating Equipment Market Revenues & Volume By Radiators for the Period 2021 - 2031F
  • Historical Data and Forecast of Germany Refrigeration and Heating Equipment Market Revenues & Volume By Sensors for the Period 2021 - 2031F
  • Historical Data and Forecast of Germany Refrigeration and Heating Equipment Market Revenues & Volume By Transducers for the Period 2021 - 2031F
  • Historical Data and Forecast of Germany Refrigeration and Heating Equipment Market Revenues & Volume By Others for the Period 2021 - 2031F
  • Historical Data and Forecast of United Kingdom Refrigeration and Heating Equipment Market Revenues & Volume By General Components for the Period 2021 - 2031F
  • Historical Data and Forecast of United Kingdom Refrigeration and Heating Equipment Market Revenues & Volume By Condensers for the Period 2021 - 2031F
  • Historical Data and Forecast of United Kingdom Refrigeration and Heating Equipment Market Revenues & Volume By Compressors for the Period 2021 - 2031F
  • Historical Data and Forecast of United Kingdom Refrigeration and Heating Equipment Market Revenues & Volume By Radiators for the Period 2021 - 2031F
  • Historical Data and Forecast of United Kingdom Refrigeration and Heating Equipment Market Revenues & Volume By Sensors for the Period 2021 - 2031F
  • Historical Data and Forecast of United Kingdom Refrigeration and Heating Equipment Market Revenues & Volume By Transducers for the Period 2021 - 2031F
  • Historical Data and Forecast of United Kingdom Refrigeration and Heating Equipment Market Revenues & Volume By Others for the Period 2021 - 2031F
  • Historical Data and Forecast of France Refrigeration and Heating Equipment Market Revenues & Volume By General Components for the Period 2021 - 2031F
  • Historical Data and Forecast of France Refrigeration and Heating Equipment Market Revenues & Volume By Condensers for the Period 2021 - 2031F
  • Historical Data and Forecast of France Refrigeration and Heating Equipment Market Revenues & Volume By Compressors for the Period 2021 - 2031F
  • Historical Data and Forecast of France Refrigeration and Heating Equipment Market Revenues & Volume By Radiators for the Period 2021 - 2031F
  • Historical Data and Forecast of France Refrigeration and Heating Equipment Market Revenues & Volume By Sensors for the Period 2021 - 2031F
  • Historical Data and Forecast of France Refrigeration and Heating Equipment Market Revenues & Volume By Transducers for the Period 2021 - 2031F
  • Historical Data and Forecast of France Refrigeration and Heating Equipment Market Revenues & Volume By Others for the Period 2021 - 2031F
  • Historical Data and Forecast of Italy Refrigeration and Heating Equipment Market Revenues & Volume By General Components for the Period 2021 - 2031F
  • Historical Data and Forecast of Italy Refrigeration and Heating Equipment Market Revenues & Volume By Condensers for the Period 2021 - 2031F
  • Historical Data and Forecast of Italy Refrigeration and Heating Equipment Market Revenues & Volume By Compressors for the Period 2021 - 2031F
  • Historical Data and Forecast of Italy Refrigeration and Heating Equipment Market Revenues & Volume By Radiators for the Period 2021 - 2031F
  • Historical Data and Forecast of Italy Refrigeration and Heating Equipment Market Revenues & Volume By Sensors for the Period 2021 - 2031F
  • Historical Data and Forecast of Italy Refrigeration and Heating Equipment Market Revenues & Volume By Transducers for the Period 2021 - 2031F
  • Historical Data and Forecast of Italy Refrigeration and Heating Equipment Market Revenues & Volume By Others for the Period 2021 - 2031F
  • Historical Data and Forecast of Russia Refrigeration and Heating Equipment Market Revenues & Volume By General Components for the Period 2021 - 2031F
  • Historical Data and Forecast of Russia Refrigeration and Heating Equipment Market Revenues & Volume By Condensers for the Period 2021 - 2031F
  • Historical Data and Forecast of Russia Refrigeration and Heating Equipment Market Revenues & Volume By Compressors for the Period 2021 - 2031F
  • Historical Data and Forecast of Russia Refrigeration and Heating Equipment Market Revenues & Volume By Radiators for the Period 2021 - 2031F
  • Historical Data and Forecast of Russia Refrigeration and Heating Equipment Market Revenues & Volume By Sensors for the Period 2021 - 2031F
  • Historical Data and Forecast of Russia Refrigeration and Heating Equipment Market Revenues & Volume By Transducers for the Period 2021 - 2031F
  • Historical Data and Forecast of Russia Refrigeration and Heating Equipment Market Revenues & Volume By Others for the Period 2021 - 2031F
  • Historical Data and Forecast of Spain Refrigeration and Heating Equipment Market Revenues & Volume By General Components for the Period 2021 - 2031F
  • Historical Data and Forecast of Spain Refrigeration and Heating Equipment Market Revenues & Volume By Condensers for the Period 2021 - 2031F
  • Historical Data and Forecast of Spain Refrigeration and Heating Equipment Market Revenues & Volume By Compressors for the Period 2021 - 2031F
  • Historical Data and Forecast of Spain Refrigeration and Heating Equipment Market Revenues & Volume By Radiators for the Period 2021 - 2031F
  • Historical Data and Forecast of Spain Refrigeration and Heating Equipment Market Revenues & Volume By Sensors for the Period 2021 - 2031F
  • Historical Data and Forecast of Spain Refrigeration and Heating Equipment Market Revenues & Volume By Transducers for the Period 2021 - 2031F
  • Historical Data and Forecast of Spain Refrigeration and Heating Equipment Market Revenues & Volume By Others for the Period 2021 - 2031F
  • Historical Data and Forecast of Rest of Europe Refrigeration and Heating Equipment Market Revenues & Volume By General Components for the Period 2021 - 2031F
  • Historical Data and Forecast of Rest of Europe Refrigeration and Heating Equipment Market Revenues & Volume By Condensers for the Period 2021 - 2031F
  • Historical Data and Forecast of Rest of Europe Refrigeration and Heating Equipment Market Revenues & Volume By Compressors for the Period 2021 - 2031F
  • Historical Data and Forecast of Rest of Europe Refrigeration and Heating Equipment Market Revenues & Volume By Radiators for the Period 2021 - 2031F
  • Historical Data and Forecast of Rest of Europe Refrigeration and Heating Equipment Market Revenues & Volume By Sensors for the Period 2021 - 2031F
  • Historical Data and Forecast of Rest of Europe Refrigeration and Heating Equipment Market Revenues & Volume By Transducers for the Period 2021 - 2031F
  • Historical Data and Forecast of Rest of Europe Refrigeration and Heating Equipment Market Revenues & Volume By Others for the Period 2021 - 2031F
  • Historical Data and Forecast of Europe Refrigeration and Heating Equipment Market Revenues & Volume By End-User Industries for the Period 2021 - 2031F
  • Historical Data and Forecast of Europe Refrigeration and Heating Equipment Market Revenues & Volume By Residential for the Period 2021 - 2031F
  • Historical Data and Forecast of Europe Refrigeration and Heating Equipment Market Revenues & Volume By Commercial for the Period 2021 - 2031F
  • Historical Data and Forecast of Europe Refrigeration and Heating Equipment Market Revenues & Volume By Healthcare Industry for the Period 2021 - 2031F
  • Historical Data and Forecast of Europe Refrigeration and Heating Equipment Market Revenues & Volume By Educational and government institutions for the Period 2021 - 2031F
  • Historical Data and Forecast of Europe Refrigeration and Heating Equipment Market Revenues & Volume By Others for the Period 2021 - 2031F
  • Historical Data and Forecast of Germany Refrigeration and Heating Equipment Market Revenues & Volume By End-User Industries for the Period 2021 - 2031F
  • Historical Data and Forecast of Germany Refrigeration and Heating Equipment Market Revenues & Volume By Residential for the Period 2021 - 2031F
  • Historical Data and Forecast of Germany Refrigeration and Heating Equipment Market Revenues & Volume By Commercial for the Period 2021 - 2031F
  • Historical Data and Forecast of Germany Refrigeration and Heating Equipment Market Revenues & Volume By Healthcare Industry for the Period 2021 - 2031F
  • Historical Data and Forecast of Germany Refrigeration and Heating Equipment Market Revenues & Volume By Educational and government institutions for the Period 2021 - 2031F
  • Historical Data and Forecast of Germany Refrigeration and Heating Equipment Market Revenues & Volume By Others for the Period 2021 - 2031F
  • Historical Data and Forecast of United Kingdom Refrigeration and Heating Equipment Market Revenues & Volume By End-User Industries for the Period 2021 - 2031F
  • Historical Data and Forecast of United Kingdom Refrigeration and Heating Equipment Market Revenues & Volume By Residential for the Period 2021 - 2031F
  • Historical Data and Forecast of United Kingdom Refrigeration and Heating Equipment Market Revenues & Volume By Commercial for the Period 2021 - 2031F
  • Historical Data and Forecast of United Kingdom Refrigeration and Heating Equipment Market Revenues & Volume By Healthcare Industry for the Period 2021 - 2031F
  • Historical Data and Forecast of United Kingdom Refrigeration and Heating Equipment Market Revenues & Volume By Educational and government institutions for the Period 2021 - 2031F
  • Historical Data and Forecast of United Kingdom Refrigeration and Heating Equipment Market Revenues & Volume By Others for the Period 2021 - 2031F
  • Historical Data and Forecast of France Refrigeration and Heating Equipment Market Revenues & Volume By End-User Industries for the Period 2021 - 2031F
  • Historical Data and Forecast of France Refrigeration and Heating Equipment Market Revenues & Volume By Residential for the Period 2021 - 2031F
  • Historical Data and Forecast of France Refrigeration and Heating Equipment Market Revenues & Volume By Commercial for the Period 2021 - 2031F
  • Historical Data and Forecast of France Refrigeration and Heating Equipment Market Revenues & Volume By Healthcare Industry for the Period 2021 - 2031F
  • Historical Data and Forecast of France Refrigeration and Heating Equipment Market Revenues & Volume By Educational and government institutions for the Period 2021 - 2031F
  • Historical Data and Forecast of France Refrigeration and Heating Equipment Market Revenues & Volume By Others for the Period 2021 - 2031F
  • Historical Data and Forecast of Italy Refrigeration and Heating Equipment Market Revenues & Volume By End-User Industries for the Period 2021 - 2031F
  • Historical Data and Forecast of Italy Refrigeration and Heating Equipment Market Revenues & Volume By Residential for the Period 2021 - 2031F
  • Historical Data and Forecast of Italy Refrigeration and Heating Equipment Market Revenues & Volume By Commercial for the Period 2021 - 2031F
  • Historical Data and Forecast of Italy Refrigeration and Heating Equipment Market Revenues & Volume By Healthcare Industry for the Period 2021 - 2031F
  • Historical Data and Forecast of Italy Refrigeration and Heating Equipment Market Revenues & Volume By Educational and government institutions for the Period 2021 - 2031F
  • Historical Data and Forecast of Italy Refrigeration and Heating Equipment Market Revenues & Volume By Others for the Period 2021 - 2031F
  • Historical Data and Forecast of Russia Refrigeration and Heating Equipment Market Revenues & Volume By End-User Industries for the Period 2021 - 2031F
  • Historical Data and Forecast of Russia Refrigeration and Heating Equipment Market Revenues & Volume By Residential for the Period 2021 - 2031F
  • Historical Data and Forecast of Russia Refrigeration and Heating Equipment Market Revenues & Volume By Commercial for the Period 2021 - 2031F
  • Historical Data and Forecast of Russia Refrigeration and Heating Equipment Market Revenues & Volume By Healthcare Industry for the Period 2021 - 2031F
  • Historical Data and Forecast of Russia Refrigeration and Heating Equipment Market Revenues & Volume By Educational and government institutions for the Period 2021 - 2031F
  • Historical Data and Forecast of Russia Refrigeration and Heating Equipment Market Revenues & Volume By Others for the Period 2021 - 2031F
  • Historical Data and Forecast of Spain Refrigeration and Heating Equipment Market Revenues & Volume By End-User Industries for the Period 2021 - 2031F
  • Historical Data and Forecast of Spain Refrigeration and Heating Equipment Market Revenues & Volume By Residential for the Period 2021 - 2031F
  • Historical Data and Forecast of Spain Refrigeration and Heating Equipment Market Revenues & Volume By Commercial for the Period 2021 - 2031F
  • Historical Data and Forecast of Spain Refrigeration and Heating Equipment Market Revenues & Volume By Healthcare Industry for the Period 2021 - 2031F
  • Historical Data and Forecast of Spain Refrigeration and Heating Equipment Market Revenues & Volume By Educational and government institutions for the Period 2021 - 2031F
  • Historical Data and Forecast of Spain Refrigeration and Heating Equipment Market Revenues & Volume By Others for the Period 2021 - 2031F
  • Historical Data and Forecast of Rest of Europe Refrigeration and Heating Equipment Market Revenues & Volume By End-User Industries for the Period 2021 - 2031F
  • Historical Data and Forecast of Rest of Europe Refrigeration and Heating Equipment Market Revenues & Volume By Residential for the Period 2021 - 2031F
  • Historical Data and Forecast of Rest of Europe Refrigeration and Heating Equipment Market Revenues & Volume By Commercial for the Period 2021 - 2031F
  • Historical Data and Forecast of Rest of Europe Refrigeration and Heating Equipment Market Revenues & Volume By Healthcare Industry for the Period 2021 - 2031F
  • Historical Data and Forecast of Rest of Europe Refrigeration and Heating Equipment Market Revenues & Volume By Educational and government institutions for the Period 2021 - 2031F
  • Historical Data and Forecast of Rest of Europe Refrigeration and Heating Equipment Market Revenues & Volume By Others for the Period 2021 - 2031F
  • Europe Refrigeration and Heating Equipment Market - Key Performance Indicators
  • Europe Refrigeration and Heating Equipment Market - Import Export Trade Statistics
  • Europe Refrigeration and Heating Equipment Market - Opportunity Assessment By Countries
  • Europe Refrigeration and Heating Equipment Market - Opportunity Assessment By Heating equipment
  • Europe Refrigeration and Heating Equipment Market - Opportunity Assessment By Cooling Equipments
  • Europe Refrigeration and Heating Equipment Market - Opportunity Assessment By General Components
  • Europe Refrigeration and Heating Equipment Market - Opportunity Assessment By End-User Industries
  • Europe Refrigeration and Heating Equipment Market - Top Companies Market Share
  • Europe Refrigeration and Heating Equipment Market - Top Companies Profiles
  • Europe Refrigeration and Heating Equipment Market - Comparison of Players in Technical and Operating Parameters
  • Europe Refrigeration and Heating Equipment Market - Strategic Recommendations

Markets Covered

The market report covers the following segments:

By Heating Equipment

  • Furnaces
  • Boilers
  • Space Heaters
  • Heating Pumps
  • Unitary Heaters
  • Others

By Cooling Equipment

  • Cooling Towers
  • Chillers
  • Coolers
  • Air Conditioners
  • Others

By General Components

  • Condensers
  • Compressors
  • Radiators
  • Sensors
  • Transducers
  • Others

By End-use Industries

  • Residential
  • Commercial
  • Healthcare Industry
  • Educational and Government Institutions
  • Others

Europe Refrigeration and Heating Equipment Market (2025-2031): FAQs

The Europe Refrigeration and Heating Equipment Market is projected to grow at a CAGR of around 4.4% during the forecast period (2025-2031).
The Europe Refrigeration and Heating Equipment Market size was valued at approx. USD 41.6 billion in 2024 and is projected to reach approx. USD 56.3 billion by 2031.
Key drivers include rising demand for energy-efficient HVAC systems, government regulations on carbon emissions, adoption of heat pumps, expansion of cold chain logistics, and increased investments in sustainable infrastructure.
The market is led by major players such as Daikin Industries, Carrier Global Corporation, Johnson Controls, Danfoss, and Mitsubishi Electric, along with regional manufacturers focusing on innovative and eco-friendly solutions.
6Wresearch actively monitors the Europe Refrigeration and Heating Equipment Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Europe Refrigeration and Heating Equipment Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
1 Executive Summary
2 Introduction
2.1 Key Highlights of the Report
2.2 Report Description
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3 Europe Refrigeration and Heating Equipment Market Overview
3.1 Europe Regional Macro Economic Indicators
3.2 Europe Refrigeration and Heating Equipment Market Revenues & Volume, 2021 & 2031F
3.3 Europe Refrigeration and Heating Equipment Market - Industry Life Cycle
3.4 Europe Refrigeration and Heating Equipment Market - Porter's Five Forces
3.5 Europe Refrigeration and Heating Equipment Market Revenues & Volume Share, By Countries, 2021 & 2031F
3.6 Europe Refrigeration and Heating Equipment Market Revenues & Volume Share, By Heating equipments, 2021 & 2031F
3.7 Europe Refrigeration and Heating Equipment Market Revenues & Volume Share, By Cooling Equipments, 2021 & 2031F
3.8 Europe Refrigeration and Heating Equipment Market Revenues & Volume Share, By General Components, 2021 & 2031F
3.9 Europe Refrigeration and Heating Equipment Market Revenues & Volume Share, By End-User Industries, 2021 & 2031F
4 Europe Refrigeration and Heating Equipment Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5 Europe Refrigeration and Heating Equipment Market Trends
6 Europe Refrigeration and Heating Equipment Market, 2021 & 2031F
6.1 Europe Refrigeration and Heating Equipment Market, Revenues & Volume, By Heating equipments, 2021 & 2031F
6.2 Europe Refrigeration and Heating Equipment Market, Revenues & Volume, By Cooling Equipments, 2021 & 2031F
6.3 Europe Refrigeration and Heating Equipment Market, Revenues & Volume, By General Components, 2021 & 2031F
6.4 Europe Refrigeration and Heating Equipment Market, Revenues & Volume, By End-User Industries, 2021 & 2031F
7 Germany Refrigeration and Heating Equipment Market, 2021 & 2031F
7.1 Germany Refrigeration and Heating Equipment Market, Revenues & Volume, By Heating equipments, 2021 & 2031F
7.2 Germany Refrigeration and Heating Equipment Market, Revenues & Volume, By Cooling Equipments, 2021 & 2031F
7.3 Germany Refrigeration and Heating Equipment Market, Revenues & Volume, By General Components, 2021 & 2031F
7.4 Germany Refrigeration and Heating Equipment Market, Revenues & Volume, By End-User Industries, 2021 & 2031F
8 United Kingdom Refrigeration and Heating Equipment Market, 2021 & 2031F
8.1 United Kingdom Refrigeration and Heating Equipment Market, Revenues & Volume, By Heating equipments, 2021 & 2031F
8.2 United Kingdom Refrigeration and Heating Equipment Market, Revenues & Volume, By Cooling Equipments, 2021 & 2031F
8.3 United Kingdom Refrigeration and Heating Equipment Market, Revenues & Volume, By General Components, 2021 & 2031F
8.4 United Kingdom Refrigeration and Heating Equipment Market, Revenues & Volume, By End-User Industries, 2021 & 2031F
9 France Refrigeration and Heating Equipment Market, 2021 & 2031F
9.1 France Refrigeration and Heating Equipment Market, Revenues & Volume, By Heating equipments, 2021 & 2031F
9.2 France Refrigeration and Heating Equipment Market, Revenues & Volume, By Cooling Equipments, 2021 & 2031F
9.3 France Refrigeration and Heating Equipment Market, Revenues & Volume, By General Components, 2021 & 2031F
9.4 France Refrigeration and Heating Equipment Market, Revenues & Volume, By End-User Industries, 2021 & 2031F
10 Italy Refrigeration and Heating Equipment Market, 2021 & 2031F
10.1 Italy Refrigeration and Heating Equipment Market, Revenues & Volume, By Heating equipments, 2021 & 2031F
10.2 Italy Refrigeration and Heating Equipment Market, Revenues & Volume, By Cooling Equipments, 2021 & 2031F
10.3 Italy Refrigeration and Heating Equipment Market, Revenues & Volume, By General Components, 2021 & 2031F
10.4 Italy Refrigeration and Heating Equipment Market, Revenues & Volume, By End-User Industries, 2021 & 2031F
11 Russia Refrigeration and Heating Equipment Market, 2021 & 2031F
11.1 Russia Refrigeration and Heating Equipment Market, Revenues & Volume, By Heating equipments, 2021 & 2031F
11.2 Russia Refrigeration and Heating Equipment Market, Revenues & Volume, By Cooling Equipments, 2021 & 2031F
11.3 Russia Refrigeration and Heating Equipment Market, Revenues & Volume, By General Components, 2021 & 2031F
11.4 Russia Refrigeration and Heating Equipment Market, Revenues & Volume, By End-User Industries, 2021 & 2031F
12 Spain Refrigeration and Heating Equipment Market, 2021 & 2031F
12.1 Spain Refrigeration and Heating Equipment Market, Revenues & Volume, By Heating equipments, 2021 & 2031F
12.2 Spain Refrigeration and Heating Equipment Market, Revenues & Volume, By Cooling Equipments, 2021 & 2031F
12.3 Spain Refrigeration and Heating Equipment Market, Revenues & Volume, By General Components, 2021 & 2031F
12.4 Spain Refrigeration and Heating Equipment Market, Revenues & Volume, By End-User Industries, 2021 & 2031F
13 Rest of Europe Refrigeration and Heating Equipment Market, 2021 & 2031F
13.1 Rest of Europe Refrigeration and Heating Equipment Market, Revenues & Volume, By Heating equipments, 2021 & 2031F
13.2 Rest of Europe Refrigeration and Heating Equipment Market, Revenues & Volume, By Cooling Equipments, 2021 & 2031F
13.3 Rest of Europe Refrigeration and Heating Equipment Market, Revenues & Volume, By General Components, 2021 & 2031F
13.4 Rest of Europe Refrigeration and Heating Equipment Market, Revenues & Volume, By End-User Industries, 2021 & 2031F
14 Europe Refrigeration and Heating Equipment Market Key Performance Indicators
15 Europe Refrigeration and Heating Equipment Market - Opportunity Assessment
15.1 Europe Refrigeration and Heating Equipment Market Opportunity Assessment, By Countries, 2021 & 2031F
15.2 Europe Refrigeration and Heating Equipment Market Opportunity Assessment, By Heating equipment, 2021 & 2031F
15.3 Europe Refrigeration and Heating Equipment Market Opportunity Assessment, By Cooling Equipments, 2021 & 2031F
15.4 Europe Refrigeration and Heating Equipment Market Opportunity Assessment, By General Components, 2021 & 2031F
15.5 Europe Refrigeration and Heating Equipment Market Opportunity Assessment, By End-User Industries, 2021 & 2031F
16 Europe Refrigeration and Heating Equipment Market - Competitive Landscape
16.1 Europe Refrigeration and Heating Equipment Market Revenue Share, By Companies, 2024
16.2 Europe Refrigeration and Heating Equipment Market Competitive Benchmarking, By Operating and Technical Parameters
17 Company Profiles
18 Recommendations
19 Disclaimer
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