Product Code: ETC4445425 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The industrial refrigeration market in India has witnessed substantial growth in recent years due to increased demand from various sectors such as food and beverage, pharmaceuticals, and chemical industries. Rising concerns about food safety, coupled with the growth of organized retail, have driven the demand for efficient refrigeration systems in cold storage facilities and food processing units. Additionally, the pharmaceutical and healthcare sectors` stringent temperature control requirements have also contributed to the market`s expansion.
The India Industrial Refrigeration market is thriving owing to various driving factors. The food and beverage industry`s expansion, coupled with a growing cold storage sector, is creating an increasing demand for industrial refrigeration systems. Moreover, the pharmaceutical and chemical industries rely heavily on precise temperature control, boosting the need for advanced refrigeration solutions. As environmental concerns become more prominent, the shift toward environmentally friendly refrigerants and energy-efficient systems is accelerating the market. The government`s initiatives to promote cold chain infrastructure for perishable goods and pharmaceuticals are also playing a pivotal role in the market`s growth.
Maintaining energy efficiency and complying with environmental regulations are key challenges in this market. High initial installation costs and the need for ongoing maintenance can also be impediments to growth.
The COVID-19 pandemic had a mixed impact on the India industrial refrigeration market. While the food supply chain saw increased demand for cold storage and refrigeration facilities, the industrial sector faced challenges due to lockdowns and reduced manufacturing activities. The market also experienced disruptions in the supply chain for refrigeration components and maintenance services. However, as the India economy recovers, the need for efficient and sustainable cold chain solutions is expected to drive growth in the industrial refrigeration market.
The industrial refrigeration market in India is witnessing significant growth, driven by the expansion of the food processing, pharmaceutical, and cold storage industries. Key players in this market include companies like Voltas, Blue Star, and Carrier. These companies offer a wide range of refrigeration solutions, including cold rooms, chillers, and refrigeration equipment, catering to the diverse needs of the India industrial sector. Their innovative technologies and solutions play a pivotal role in ensuring the efficient and sustainable preservation of perishable goods.
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 India Industrial Refrigeration Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Industrial Refrigeration Market Revenues & Volume, 2021 & 2031F |
3.3 India Industrial Refrigeration Market - Industry Life Cycle |
3.4 India Industrial Refrigeration Market - Porter's Five Forces |
3.5 India Industrial Refrigeration Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 India Industrial Refrigeration Market Revenues & Volume Share, By Application , 2021 & 2031F |
3.7 India Industrial Refrigeration Market Revenues & Volume Share, By Refrigerant Type, 2021 & 2031F |
4 India Industrial Refrigeration Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Industrial Refrigeration Market Trends |
6 India Industrial Refrigeration Market, By Types |
6.1 India Industrial Refrigeration Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 India Industrial Refrigeration Market Revenues & Volume, By Component, 2021-2031F |
6.1.3 India Industrial Refrigeration Market Revenues & Volume, By Compressor, 2021-2031F |
6.1.4 India Industrial Refrigeration Market Revenues & Volume, By Condenser, 2021-2031F |
6.1.5 India Industrial Refrigeration Market Revenues & Volume, By Evaporator, 2021-2031F |
6.1.6 India Industrial Refrigeration Market Revenues & Volume, By Control, 2021-2031F |
6.1.7 India Industrial Refrigeration Market Revenues & Volume, By Vessle, Pump, Valves, and Auxillary Equipment, 2021-2031F |
6.2 India Industrial Refrigeration Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Industrial Refrigeration Market Revenues & Volume, By Refrigerated Warehouses, 2021-2031F |
6.2.3 India Industrial Refrigeration Market Revenues & Volume, By Fruit And Vegetable Processing, 2021-2031F |
6.2.4 India Industrial Refrigeration Market Revenues & Volume, By Beverage Processing, 2021-2031F |
6.2.5 India Industrial Refrigeration Market Revenues & Volume, By Chemical, Petrochemical, and Pharmaceutical, 2021-2031F |
6.2.6 India Industrial Refrigeration Market Revenues & Volume, By Dairy And Ice Cream Processing, 2021-2031F |
6.2.7 India Industrial Refrigeration Market Revenues & Volume, By Meat, Poultry, and Fish Processing, 2021-2031F |
6.3 India Industrial Refrigeration Market, By Refrigerant Type |
6.3.1 Overview and Analysis |
6.3.2 India Industrial Refrigeration Market Revenues & Volume, By Ammonia, 2021-2031F |
6.3.3 India Industrial Refrigeration Market Revenues & Volume, By CO2, 2021-2031F |
6.3.4 India Industrial Refrigeration Market Revenues & Volume, By Others (HFC, HCFC, HFO, HC), 2021-2031F |
7 India Industrial Refrigeration Market Import-Export Trade Statistics |
7.1 India Industrial Refrigeration Market Export to Major Countries |
7.2 India Industrial Refrigeration Market Imports from Major Countries |
8 India Industrial Refrigeration Market Key Performance Indicators |
9 India Industrial Refrigeration Market - Opportunity Assessment |
9.1 India Industrial Refrigeration Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 India Industrial Refrigeration Market Opportunity Assessment, By Application , 2021 & 2031F |
9.3 India Industrial Refrigeration Market Opportunity Assessment, By Refrigerant Type, 2021 & 2031F |
10 India Industrial Refrigeration Market - Competitive Landscape |
10.1 India Industrial Refrigeration Market Revenue Share, By Companies, 2024 |
10.2 India Industrial Refrigeration Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |