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

Market Forecast By Component (Compressors, Condensers, Evaporators, Controls, Others), By Capacity (Less than 100kW, 100-500kW, 500-1000kW, 1000-5000kW, More than 5000kW), By Refrigerant (Ammonia, Carbon Dioxide, Hydrofluorocarbon, Hydrochlorofluorocarbons, Others), By Application (Refrigerated Warehouse, Food & Beverage, Chemical Petrochemical & Pharmaceuticals, Refrigerated Transportation) And Competitive Landscape
Product Code: ETC9968110 Publication Date: Sep 2024 Updated Date: Nov 2025 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

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

In 2024, the United States continued to rely heavily on imports of industrial refrigeration systems, with top exporting countries being China, Denmark, Switzerland, Austria, and Brazil. Despite high concentration levels indicated by the Herfindahl-Hirschman Index (HHI), the industry experienced a significant decline with a negative Compound Annual Growth Rate (CAGR) of -25.12% from 2020 to 2024. The growth rate in 2024 dropped even further by -71.13%, reflecting a challenging year for the market. This data suggests a need for strategic adjustments and potentially exploring new market opportunities in the industrial refrigeration sector.

Key Highlights of the Report:

  • United States (US) Industrial Refrigeration Systems Market Outlook
  • Market Size of United States (US) Industrial Refrigeration Systems Market, 2024
  • Forecast of United States (US) Industrial Refrigeration Systems Market, 2031
  • Historical Data and Forecast of United States (US) Industrial Refrigeration Systems Revenues & Volume for the Period 2021- 2031
  • United States (US) Industrial Refrigeration Systems Market Trend Evolution
  • United States (US) Industrial Refrigeration Systems Market Drivers and Challenges
  • United States (US) Industrial Refrigeration Systems Price Trends
  • United States (US) Industrial Refrigeration Systems Porter's Five Forces
  • United States (US) Industrial Refrigeration Systems Industry Life Cycle
  • Historical Data and Forecast of United States (US) Industrial Refrigeration Systems Market Revenues & Volume By Component for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Industrial Refrigeration Systems Market Revenues & Volume By Compressors for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Industrial Refrigeration Systems Market Revenues & Volume By Condensers for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Industrial Refrigeration Systems Market Revenues & Volume By Evaporators for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Industrial Refrigeration Systems Market Revenues & Volume By Controls for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Industrial Refrigeration Systems Market Revenues & Volume By Others for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Industrial Refrigeration Systems Market Revenues & Volume By Capacity for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Industrial Refrigeration Systems Market Revenues & Volume By Less than 100kW for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Industrial Refrigeration Systems Market Revenues & Volume By 100-500kW for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Industrial Refrigeration Systems Market Revenues & Volume By 500-1000kW for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Industrial Refrigeration Systems Market Revenues & Volume By 1000-5000kW for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Industrial Refrigeration Systems Market Revenues & Volume By More than 5000kW for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Industrial Refrigeration Systems Market Revenues & Volume By Refrigerant for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Industrial Refrigeration Systems Market Revenues & Volume By Ammonia for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Industrial Refrigeration Systems Market Revenues & Volume By Carbon Dioxide for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Industrial Refrigeration Systems Market Revenues & Volume By Hydrofluorocarbon for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Industrial Refrigeration Systems Market Revenues & Volume By Hydrochlorofluorocarbons for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Industrial Refrigeration Systems Market Revenues & Volume By Others for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Industrial Refrigeration Systems Market Revenues & Volume By Application for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Industrial Refrigeration Systems Market Revenues & Volume By Refrigerated Warehouse for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Industrial Refrigeration Systems Market Revenues & Volume By Food & Beverage for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Industrial Refrigeration Systems Market Revenues & Volume By Chemical Petrochemical & Pharmaceuticals for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Industrial Refrigeration Systems Market Revenues & Volume By Refrigerated Transportation for the Period 2021- 2031
  • United States (US) Industrial Refrigeration Systems Import Export Trade Statistics
  • Market Opportunity Assessment By Component
  • Market Opportunity Assessment By Capacity
  • Market Opportunity Assessment By Refrigerant
  • Market Opportunity Assessment By Application
  • United States (US) Industrial Refrigeration Systems Top Companies Market Share
  • United States (US) Industrial Refrigeration Systems Competitive Benchmarking By Technical and Operational Parameters
  • United States (US) Industrial Refrigeration Systems Company Profiles
  • United States (US) Industrial Refrigeration Systems 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 Systems Market Overview

3.1 United States (US) Country Macro Economic Indicators

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

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

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

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

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

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

3.8 United States (US) Industrial Refrigeration Systems Market Revenues & Volume Share, By Application, 2021 & 2031F

4 United States (US) Industrial Refrigeration Systems Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for perishable goods storage in industries

4.2.2 Stringent regulations on energy efficiency and environmental protection

4.2.3 Growing adoption of natural refrigerants in industrial applications

4.3 Market Restraints

4.3.1 High initial investment and maintenance costs of industrial refrigeration systems

4.3.2 Limited availability of skilled technicians for installation and maintenance

4.3.3 Volatility in raw material prices impacting equipment manufacturing costs

5 United States (US) Industrial Refrigeration Systems Market Trends

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

6.1 United States (US) Industrial Refrigeration Systems Market, By Component

6.1.1 Overview and Analysis

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

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

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

6.1.5 United States (US) Industrial Refrigeration Systems Market Revenues & Volume, By Evaporators, 2021- 2031F

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

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

6.2 United States (US) Industrial Refrigeration Systems Market, By Capacity

6.2.1 Overview and Analysis

6.2.2 United States (US) Industrial Refrigeration Systems Market Revenues & Volume, By Less than 100kW, 2021- 2031F

6.2.3 United States (US) Industrial Refrigeration Systems Market Revenues & Volume, By 100-500kW, 2021- 2031F

6.2.4 United States (US) Industrial Refrigeration Systems Market Revenues & Volume, By 500-1000kW, 2021- 2031F

6.2.5 United States (US) Industrial Refrigeration Systems Market Revenues & Volume, By 1000-5000kW, 2021- 2031F

6.2.6 United States (US) Industrial Refrigeration Systems Market Revenues & Volume, By More than 5000kW, 2021- 2031F

6.3 United States (US) Industrial Refrigeration Systems Market, By Refrigerant

6.3.1 Overview and Analysis

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

6.3.3 United States (US) Industrial Refrigeration Systems Market Revenues & Volume, By Carbon Dioxide, 2021- 2031F

6.3.4 United States (US) Industrial Refrigeration Systems Market Revenues & Volume, By Hydrofluorocarbon, 2021- 2031F

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

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

6.4 United States (US) Industrial Refrigeration Systems Market, By Application

6.4.1 Overview and Analysis

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

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

6.4.4 United States (US) Industrial Refrigeration Systems Market Revenues & Volume, By Chemical Petrochemical & Pharmaceuticals, 2021- 2031F

6.4.5 United States (US) Industrial Refrigeration Systems Market Revenues & Volume, By Refrigerated Transportation, 2021- 2031F

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

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

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

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

8.1 Energy efficiency rating of industrial refrigeration systems

8.2 Percentage of industrial facilities compliant with environmental regulations

8.3 Adoption rate of natural refrigerants in industrial refrigeration systems

8.4 Average downtime for industrial refrigeration systems due to maintenance issues

8.5 Rate of return on investment for companies investing in upgrading/refurbishing industrial refrigeration systems

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

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

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

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

9.4 United States (US) Industrial Refrigeration Systems Market Opportunity Assessment, By Application, 2021 & 2031F

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

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

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

11 Company Profiles

12 Recommendations

13 Disclaimer

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