Light Commercial Refrigeration Equipment Research:CAGR of 3.1% during the forecast period

QY Research Inc. (Global Market Report Research Publisher) announces the release of 2025 latest report “Light Commercial Refrigeration Equipment- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”. Based on current situation and impact historical analysis (2020-2024) and forecast calculations (2025-2031), this report provides a comprehensive analysis of the global Wire Drawing Dies market, including market size, share, demand, industry development status, and forecasts for the next few years.

The global market for Light Commercial Refrigeration Equipment was estimated to be worth US$ million in 2024 and is forecast to a readjusted size of US$ million by 2031 with a CAGR of %during the forecast period 2025-2031.

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Light Commercial Refrigeration Equipment Market Summary

Light Commercial Refrigeration Equipment refers to refrigeration systems designed for small to medium-sized businesses, typically used in restaurants, convenience stores, hotels, and other foodservice or retail environments.

According to the new market research report “Global Light Commercial Refrigeration Equipment Market Report 2025-2031”, published by QYResearch, the global Light Commercial Refrigeration Equipment market size is projected to reach USD 25.72 billion by 2031, at a CAGR of 3.1% during the forecast period.

Figure00001. Global Light Commercial Refrigeration Equipment Market Size (US$ Million), 2025 VS 2031

Above data is based on report from QYResearch: Global Light Commercial Refrigeration Equipment Market Report 2025-2031 (published in 2024). If you need the latest data, plaese contact QYResearch.

Figure00002. Global Light Commercial Refrigeration Equipment Top 25 Players Ranking and Market Share (Ranking is based on the revenue of 2024, continually updated)

Above data is based on report from QYResearch: Global Light Commercial Refrigeration Equipment Market Report 2025-2031 (published in 2024). If you need the latest data, plaese contact QYResearch.

According to QYResearch Top Players Research Center, the global key manufacturers of Light Commercial Refrigeration Equipment include Haier, Carrier Commercial Refrigeration, Epta SpA, Panasonic, Zhejiang Xingxing, Dover Corporation, Hoshizaki International, Fukushima Galilei, Ali Group, Ugur Cooling, etc. In 2024, the global top five players had a share approximately 33.0% in terms of revenue.

Figure00003. Light Commercial Refrigeration Equipment, Global Market Size, Split by Product Segment

Based on or includes research from QYResearch: Global Light Commercial Refrigeration Equipment Market Report 2025-2031.

In terms of product type, currently Refrigerated Display is the largest segment, hold a share of 61.8%.

In terms of product application, currently Supermarkets and Stores is the largest segment, hold a share of 55.5%.

Market Drivers:

Increased demand for refrigeration in restaurants, cafes, and supermarkets to store perishable food products, beverages, and frozen goods. The expansion of fast-food chains, coffee shops, and convenience stores leads to higher demand for refrigeration solutions. As consumer demand for packaged foods, ready-to-eat meals, and frozen food increases, there is a greater need for refrigeration to preserve the quality and safety of these products.

Restraint:

The cost of purchasing and installing modern refrigeration equipment can be quite high, especially for small businesses. The upfront costs of energy-efficient, eco-friendly, or technologically advanced systems can deter smaller operators from upgrading their equipment. Although newer refrigeration systems are energy-efficient, the ongoing maintenance, repairs, and operational costs can still be a significant burden for small businesses. Regular servicing and replacement of components such as compressors or evaporators may increase the total cost of ownership.

Opportunity:

As businesses and consumers become more environmentally conscious, there is an increasing demand for energy-efficient and sustainable refrigeration equipment. The adoption of refrigerants with low Global Warming Potential (GWP) and energy-saving technologies offers a significant market opportunity, especially as governments tighten environmental regulations. The rise of e-commerce and online food delivery services, especially in urban areas, presents an opportunity for refrigeration equipment providers. Companies involved in food transportation and last-mile delivery need reliable, portable, and efficient refrigeration solutions to ensure the freshness and safety of perishable goods during transit.

The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.

The Light Commercial Refrigeration Equipment market is segmented as below:

By Company

AHT Cooling Systems GmbH
Epta SpA
Liebherr
Ugur Cooling
Carrier Commercial Refrigeration
Frigoglass
Arneg
Panasonic
Hoshizaki
WOOSUNG
ICETRO
Unique Daesung
Vestforst
Heatcraft Refrigeration Products
Ahmet Yar
Afinox
Zero Zone
Orford Refrigeration
Metalfrio Solutions
USR (Marchia)
Turbo Air
1
Hoshizaki International
ISA
Hillphoenix
Verco Limited
Qingdao Hiron Commercial Cold Chain
Haier
Aucma
Zhejiang Xingxing Refrigeration

Segment by Type

Refrigerators & Freezers
Ice Maker
Display Case
Others

Segment by Application

Restaurant
Hotel
Supermarket
Others

Each chapter of the report provides detailed information for readers to further understand the Light Commercial Refrigeration Equipment market:

Chapter 1: Introduces the report scope of the Light Commercial Refrigeration Equipment report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2020-2031)

Chapter 2: Detailed analysis of Light Commercial Refrigeration Equipment manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2020-2025)

Chapter 3: Provides the analysis of various Light Commercial Refrigeration Equipment market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2020-2031)

Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2020-2031)

Chapter 5: Sales, revenue of Light Commercial Refrigeration Equipment in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2020-2031)

Chapter 6: Sales, revenue of Light Commercial Refrigeration Equipment in country level. It provides sigmate data by Type, and by Application for each country/region.(2020-2031)

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2020-2025)

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Conclusion.

Benefits of purchasing QYResearch report:

Competitive Analysis: QYResearch provides in-depth Light Commercial Refrigeration Equipment competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.

Industry Analysis: QYResearch provides Light Commercial Refrigeration Equipment comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.

and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.

Market Size: QYResearch provides Light Commercial Refrigeration Equipment market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.

Other relevant reports of QYResearch:

Global Light Commercial Refrigeration Equipment Market Research Report 2025
Global Light Commercial Refrigeration Equipment Market Insights, Forecast to 2030
Global Light Commercial Refrigeration Equipment Market Research Report 2024
Light Commercial Refrigeration Equipment - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Light Commercial Refrigeration Equipment - Global Market Insights and Sales Trends 2024
Light Commercial Refrigeration Equipment - Global Market insights and Sales Trends 2024
Global Light Commercial Refrigeration Equipment Market Research Report 2023
Global Light Commercial Refrigeration Equipment Market Insights, Forecast to 2029
Global Light Commercial Refrigeration Equipment Industry Research Report, Growth Trends and Competitive Analysis 2023-2029
Global Light Commercial Refrigeration Equipment Market Report, History and Forecast 2018-2029, Breakdown Data by Manufacturers, Key Regions, Types and Application

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