United States (US) Industrial Refrigeration Equipment Market (2025-2031) | Outlook, Industry, Growth, Value, Size & Revenue, Analysis, Companies, Segmentation, Share, Forecast, Trends, Competitive Landscape

Market Forecast By Type (Compressor, Condenser, Heat Exchanger, Evaporator, Control, Others), By Refrigerant (Ammonia, CO2, Others), By End-use Industry (Food & Beverage, Refrigerated Warehouse, Chemicals & Petrochemicals, Pharmaceutical, Others), By Distribution Channel (Direct Sales, Indirect Sales) And Competitive Landscape
Product Code: ETC9968109 Publication Date: Sep 2024 Updated Date: Nov 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Vasudha No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

United States (US) IndUStrial Refrigeration Equipment Market Top 5 Importing Countries and Market Competition (HHI) Analysis

The United States continued to see significant import shipments of industrial refrigeration equipment in 2024, with China, Denmark, Switzerland, Austria, and Brazil emerging as the top exporting countries. Despite the high concentration with a high Herfindahl-Hirschman Index (HHI), the industry experienced a notable decline with a negative Compound Annual Growth Rate (CAGR) of -25.12% from 2020 to 2024. The growth rate further plummeted by -71.13% from 2023 to 2024, indicating a challenging market environment for industrial refrigeration equipment imports in the US.

United States (US) IndUStrial Refrigeration Equipment Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • United States (US) Industrial Refrigeration Equipment Market Outlook
  • Market Size of United States (US) Industrial Refrigeration Equipment Market, 2024
  • Forecast of United States (US) Industrial Refrigeration Equipment Market, 2031
  • Historical Data and Forecast of United States (US) Industrial Refrigeration Equipment Revenues & Volume for the Period 2021- 2031
  • United States (US) Industrial Refrigeration Equipment Market Trend Evolution
  • United States (US) Industrial Refrigeration Equipment Market Drivers and Challenges
  • United States (US) Industrial Refrigeration Equipment Price Trends
  • United States (US) Industrial Refrigeration Equipment Porter's Five Forces
  • United States (US) Industrial Refrigeration Equipment Industry Life Cycle
  • Historical Data and Forecast of United States (US) Industrial Refrigeration Equipment Market Revenues & Volume By Type for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Industrial Refrigeration Equipment Market Revenues & Volume By Compressor for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Industrial Refrigeration Equipment Market Revenues & Volume By Condenser for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Industrial Refrigeration Equipment Market Revenues & Volume By Heat Exchanger for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Industrial Refrigeration Equipment Market Revenues & Volume By Evaporator for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Industrial Refrigeration Equipment Market Revenues & Volume By Control for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Industrial Refrigeration Equipment Market Revenues & Volume By Others for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Industrial Refrigeration Equipment Market Revenues & Volume By Refrigerant for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Industrial Refrigeration Equipment Market Revenues & Volume By Ammonia for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Industrial Refrigeration Equipment Market Revenues & Volume By CO2 for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Industrial Refrigeration Equipment Market Revenues & Volume By Others for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Industrial Refrigeration Equipment Market Revenues & Volume By End-use Industry for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Industrial Refrigeration Equipment Market Revenues & Volume By Food & Beverage for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Industrial Refrigeration Equipment Market Revenues & Volume By Refrigerated Warehouse for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Industrial Refrigeration Equipment Market Revenues & Volume By Chemicals & Petrochemicals for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Industrial Refrigeration Equipment Market Revenues & Volume By Pharmaceutical for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Industrial Refrigeration Equipment Market Revenues & Volume By Others for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Industrial Refrigeration Equipment Market Revenues & Volume By Distribution Channel for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Industrial Refrigeration Equipment Market Revenues & Volume By Direct Sales for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Industrial Refrigeration Equipment Market Revenues & Volume By Indirect Sales for the Period 2021- 2031
  • United States (US) Industrial Refrigeration Equipment Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Refrigerant
  • Market Opportunity Assessment By End-use Industry
  • Market Opportunity Assessment By Distribution Channel
  • United States (US) Industrial Refrigeration Equipment Top Companies Market Share
  • United States (US) Industrial Refrigeration Equipment Competitive Benchmarking By Technical and Operational Parameters
  • United States (US) Industrial Refrigeration Equipment Company Profiles
  • United States (US) Industrial Refrigeration Equipment Key Strategic Recommendations

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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 United States (US) Industrial Refrigeration Equipment Market Overview

3.1 United States (US) Country Macro Economic Indicators

3.2 United States (US) Industrial Refrigeration Equipment Market Revenues & Volume, 2021 & 2031F

3.3 United States (US) Industrial Refrigeration Equipment Market - Industry Life Cycle

3.4 United States (US) Industrial Refrigeration Equipment Market - Porter's Five Forces

3.5 United States (US) Industrial Refrigeration Equipment Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 United States (US) Industrial Refrigeration Equipment Market Revenues & Volume Share, By Refrigerant, 2021 & 2031F

3.7 United States (US) Industrial Refrigeration Equipment Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F

3.8 United States (US) Industrial Refrigeration Equipment Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F

4 United States (US) Industrial Refrigeration Equipment Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for perishable goods storage and transportation

4.2.2 Stringent regulations regarding food safety and storage

4.2.3 Growing adoption of energy-efficient refrigeration systems

4.3 Market Restraints

4.3.1 High initial investment costs for industrial refrigeration equipment

4.3.2 Maintenance and repair costs associated with industrial refrigeration systems

4.3.3 Limited availability of skilled technicians for installation and servicing

5 United States (US) Industrial Refrigeration Equipment Market Trends

6 United States (US) Industrial Refrigeration Equipment Market, By Types

6.1 United States (US) Industrial Refrigeration Equipment Market, By Type

6.1.1 Overview and Analysis

6.1.2 United States (US) Industrial Refrigeration Equipment Market Revenues & Volume, By Type, 2021- 2031F

6.1.3 United States (US) Industrial Refrigeration Equipment Market Revenues & Volume, By Compressor, 2021- 2031F

6.1.4 United States (US) Industrial Refrigeration Equipment Market Revenues & Volume, By Condenser, 2021- 2031F

6.1.5 United States (US) Industrial Refrigeration Equipment Market Revenues & Volume, By Heat Exchanger, 2021- 2031F

6.1.6 United States (US) Industrial Refrigeration Equipment Market Revenues & Volume, By Evaporator, 2021- 2031F

6.1.7 United States (US) Industrial Refrigeration Equipment Market Revenues & Volume, By Control, 2021- 2031F

6.1.8 United States (US) Industrial Refrigeration Equipment Market Revenues & Volume, By Others, 2021- 2031F

6.2 United States (US) Industrial Refrigeration Equipment Market, By Refrigerant

6.2.1 Overview and Analysis

6.2.2 United States (US) Industrial Refrigeration Equipment Market Revenues & Volume, By Ammonia, 2021- 2031F

6.2.3 United States (US) Industrial Refrigeration Equipment Market Revenues & Volume, By CO2, 2021- 2031F

6.2.4 United States (US) Industrial Refrigeration Equipment Market Revenues & Volume, By Others, 2021- 2031F

6.3 United States (US) Industrial Refrigeration Equipment Market, By End-use Industry

6.3.1 Overview and Analysis

6.3.2 United States (US) Industrial Refrigeration Equipment Market Revenues & Volume, By Food & Beverage, 2021- 2031F

6.3.3 United States (US) Industrial Refrigeration Equipment Market Revenues & Volume, By Refrigerated Warehouse, 2021- 2031F

6.3.4 United States (US) Industrial Refrigeration Equipment Market Revenues & Volume, By Chemicals & Petrochemicals, 2021- 2031F

6.3.5 United States (US) Industrial Refrigeration Equipment Market Revenues & Volume, By Pharmaceutical, 2021- 2031F

6.3.6 United States (US) Industrial Refrigeration Equipment Market Revenues & Volume, By Others, 2021- 2031F

6.4 United States (US) Industrial Refrigeration Equipment Market, By Distribution Channel

6.4.1 Overview and Analysis

6.4.2 United States (US) Industrial Refrigeration Equipment Market Revenues & Volume, By Direct Sales, 2021- 2031F

6.4.3 United States (US) Industrial Refrigeration Equipment Market Revenues & Volume, By Indirect Sales, 2021- 2031F

7 United States (US) Industrial Refrigeration Equipment Market Import-Export Trade Statistics

7.1 United States (US) Industrial Refrigeration Equipment Market Export to Major Countries

7.2 United States (US) Industrial Refrigeration Equipment Market Imports from Major Countries

8 United States (US) Industrial Refrigeration Equipment Market Key Performance Indicators

8.1 Energy efficiency ratings of industrial refrigeration systems

8.2 Number of new installations of industrial refrigeration equipment

8.3 Rate of adoption of environmentally-friendly refrigerants in industrial refrigeration systems

9 United States (US) Industrial Refrigeration Equipment Market - Opportunity Assessment

9.1 United States (US) Industrial Refrigeration Equipment Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 United States (US) Industrial Refrigeration Equipment Market Opportunity Assessment, By Refrigerant, 2021 & 2031F

9.3 United States (US) Industrial Refrigeration Equipment Market Opportunity Assessment, By End-use Industry, 2021 & 2031F

9.4 United States (US) Industrial Refrigeration Equipment Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F

10 United States (US) Industrial Refrigeration Equipment Market - Competitive Landscape

10.1 United States (US) Industrial Refrigeration Equipment Market Revenue Share, By Companies, 2024

10.2 United States (US) Industrial Refrigeration Equipment Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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