Supermarket Refrigeration Systems Market By Operation (Automatic, Semi-Automatic), By Size (Small, Medium, Large) By Capacity (0-50 L, 50-100 L, Above 100 L) : Global Opportunity Analysis and Industry Forecast, 2024-2032

Description

SuperMarket Refrigeration Systems Market

The supermarket refrigeration systems market was valued at $17.2 billion in 2023 and is projected to reach $33.7 billion by 2032, growing at a CAGR of 7.7% from 2024 to 2032.

Supermarket refrigeration system is designed for commercial purposes such as grocery stores and hypermarkets. The system comprises of different units such as closed display, freezers, and walk-in coolers to store different categories of edible products as the required temperature. The adoption of refrigeration systems is essential for the commercial spaces to ensure compliance with the imposed regulations, maintain product quality, and ensure food safety.

Increase in the popularity of frozen and ready-to-eat food products has increased the need for efficient refrigeration systems to support the stocks, thereby driving the growth of the supermarket refrigeration systems market. In addition, to comply with the stringent regulations imposed regarding food safety, the adoption of supermarket refrigeration systems is on surge across the globe among medium- and large-scale commercial operators. With rising awareness regarding global warming and air quality index, the trend of using natural refrigerants in the supermarket refrigeration systems is acquiring traction. Natural refrigerants such as ammonia, carbon dioxide, and hydrocarbons have low impact on global warming, hence contributing toward the sustainability goals.

However, high upfront costs and consistent maintenance requirements of the refrigeration systems deter several small-scale operators and independent retailers from investing in them, thereby restraining the development of the supermarket refrigeration systems market. According to Emerson Electric, an American multinational corporation, 40-60% of energy consumption in the supermarkets is mainly due to refrigeration systems. Furthermore, economic downturns reduce the capital expenditure on refrigeration systems, hampering the market growth. Contrarily, the integration of refrigeration systems with heating, ventilation, and air conditioning systems is presenting lucrative opportunities for the market. This assimilation enhances energy efficiency and helps in cost cutting via utilization of the heat produced from the refrigeration systems for diverse purposes. Moreover, smart sensors are being deployed into supermarket refrigeration systems to facilitate predictive maintenance and optimize the usage of energy. This is poised to open new avenues for the market.

Segment Review

The supermarket refrigeration systems market is segmented into operation, size, capacity, and region. On the basis of operation, it is bifurcated into automatic and semi-automatic. As per size, it is classified into small, medium, and large. Depending on capacity, it is classified into 0-50 L, 50-100 L, and above 100 L. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key Findings

On the basis of operation, the automatic segment dominated the market in 2023.

As per size, the large segment acquired a high market share in 2023.

Depending on capacity, the 50-100 L segment acquired a high stake in the market in 2023.

Region wise, Asia-Pacific was the highest revenue generator in 2023.

Competition Analysis

The leading players operating in the global supermarket refrigeration systems market include Panasonic, Hussmann, Tecumseh, Electrolux, Gram, Daikin, Miele, Whirlpool, Haier, and Turbo Air. These major players have adopted various key development strategies such as business expansion, new product launches, and partnerships, to strengthen their foothold in the competitive market.

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Upcoming/New Entrant by Regions
Technology Trend Analysis
Market share analysis of players by products/segments
Additional company profiles with specific to client's interest
Additional country or region analysis- market size and forecast
Average Selling Price Analysis / Price Point Analysis
Brands Share Analysis
Criss-cross segment analysis- market size and forecast
Expanded list for Company Profiles
Historic market data
Key player details (including location, contact details, supplier/vendor network etc. in excel format)
List of customers/consumers/raw material suppliers- value chain analysis
Market share analysis of players at global/region/country level
Product Consumption Analysis
SWOT Analysis
Volume Market Size and Forecast

Key Market Segments

By Operation

Automatic
Semi-Automatic

By Size

Small
Medium
Large

By Capacity

0-50 L
50-100 L
Above 100 L

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- France
- Germany
- Italy
- UK
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
LAMEA
- Latin America
- Middle East
- Africa

Key Market Players:

Panasonic
Hussmann
Tecumseh
Electrolux
Gram
Daikin
Miele
Whirlpool
Haier
Turbo Air

Product Code: A110633

CHAPTER 1: INTRODUCTION

1.1. Report Description
1.2. Key Market Segments
1.3. Key Benefits
1.4. Research Methodology
- 1.4.1. Primary Research
- 1.4.2. Secondary Research
- 1.4.3. Analyst Tools and Models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO Perspective

CHAPTER 3: MARKET LANDSCAPE

3.1. Market Definition and Scope
3.2. Key Findings
- 3.2.1. Top Investment Pockets
- 3.2.2. Top Winning Strategies
3.3. Porter's Five Forces Analysis
- 3.3.1. Bargaining Power of Suppliers
- 3.3.2. Threat of New Entrants
- 3.3.3. Threat of Substitutes
- 3.3.4. Competitive Rivalry
- 3.3.5. Bargaining Power among Buyers
3.4. Market Dynamics
- 3.4.1. Drivers
- 3.4.2. Restraints
- 3.4.3. Opportunities

CHAPTER 4: SUPERMARKET REFRIGERATION SYSTEMSMARKET, BY OPERATION

4.1. Market Overview
- 4.1.1 Market Size and Forecast, By Operation
4.2. Automatic
- 4.2.1. Key Market Trends, Growth Factors and Opportunities
- 4.2.2. Market Size and Forecast, By Region
- 4.2.3. Market Share Analysis, By Country
4.3. Semi-Automatic
- 4.3.1. Key Market Trends, Growth Factors and Opportunities
- 4.3.2. Market Size and Forecast, By Region
- 4.3.3. Market Share Analysis, By Country

CHAPTER 5: SUPERMARKET REFRIGERATION SYSTEMSMARKET, BY SIZE

5.1. Market Overview
- 5.1.1 Market Size and Forecast, By Size
5.2. Small
- 5.2.1. Key Market Trends, Growth Factors and Opportunities
- 5.2.2. Market Size and Forecast, By Region
- 5.2.3. Market Share Analysis, By Country
5.3. Medium
- 5.3.1. Key Market Trends, Growth Factors and Opportunities
- 5.3.2. Market Size and Forecast, By Region
- 5.3.3. Market Share Analysis, By Country
5.4. Large
- 5.4.1. Key Market Trends, Growth Factors and Opportunities
- 5.4.2. Market Size and Forecast, By Region
- 5.4.3. Market Share Analysis, By Country

CHAPTER 6: SUPERMARKET REFRIGERATION SYSTEMSMARKET, BY CAPACITY

6.1. Market Overview
- 6.1.1 Market Size and Forecast, By Capacity
6.2. 0-50 L
- 6.2.1. Key Market Trends, Growth Factors and Opportunities
- 6.2.2. Market Size and Forecast, By Region
- 6.2.3. Market Share Analysis, By Country
6.3. 50-100 L
- 6.3.1. Key Market Trends, Growth Factors and Opportunities
- 6.3.2. Market Size and Forecast, By Region
- 6.3.3. Market Share Analysis, By Country
6.4. Above 100 L
- 6.4.1. Key Market Trends, Growth Factors and Opportunities
- 6.4.2. Market Size and Forecast, By Region
- 6.4.3. Market Share Analysis, By Country

CHAPTER 7: SUPERMARKET REFRIGERATION SYSTEMSMARKET, BY REGION

7.1. Market Overview
- 7.1.1 Market Size and Forecast, By Region
7.2. North America
- 7.2.1. Key Market Trends and Opportunities
- 7.2.2. Market Size and Forecast, By Operation
- 7.2.3. Market Size and Forecast, By Size
- 7.2.4. Market Size and Forecast, By Capacity
- 7.2.5. Market Size and Forecast, By Country
- 7.2.6. U.S. Supermarket Refrigeration Systems Market
  - 7.2.6.1. Market Size and Forecast, By Operation
  - 7.2.6.2. Market Size and Forecast, By Size
  - 7.2.6.3. Market Size and Forecast, By Capacity
- 7.2.7. Canada Supermarket Refrigeration Systems Market
  - 7.2.7.1. Market Size and Forecast, By Operation
  - 7.2.7.2. Market Size and Forecast, By Size
  - 7.2.7.3. Market Size and Forecast, By Capacity
- 7.2.8. Mexico Supermarket Refrigeration Systems Market
  - 7.2.8.1. Market Size and Forecast, By Operation
  - 7.2.8.2. Market Size and Forecast, By Size
  - 7.2.8.3. Market Size and Forecast, By Capacity
7.3. Europe
- 7.3.1. Key Market Trends and Opportunities
- 7.3.2. Market Size and Forecast, By Operation
- 7.3.3. Market Size and Forecast, By Size
- 7.3.4. Market Size and Forecast, By Capacity
- 7.3.5. Market Size and Forecast, By Country
- 7.3.6. France Supermarket Refrigeration Systems Market
  - 7.3.6.1. Market Size and Forecast, By Operation
  - 7.3.6.2. Market Size and Forecast, By Size
  - 7.3.6.3. Market Size and Forecast, By Capacity
- 7.3.7. Germany Supermarket Refrigeration Systems Market
  - 7.3.7.1. Market Size and Forecast, By Operation
  - 7.3.7.2. Market Size and Forecast, By Size
  - 7.3.7.3. Market Size and Forecast, By Capacity
- 7.3.8. Italy Supermarket Refrigeration Systems Market
  - 7.3.8.1. Market Size and Forecast, By Operation
  - 7.3.8.2. Market Size and Forecast, By Size
  - 7.3.8.3. Market Size and Forecast, By Capacity
- 7.3.9. UK Supermarket Refrigeration Systems Market
  - 7.3.9.1. Market Size and Forecast, By Operation
  - 7.3.9.2. Market Size and Forecast, By Size
  - 7.3.9.3. Market Size and Forecast, By Capacity
- 7.3.10. Rest of Europe Supermarket Refrigeration Systems Market
  - 7.3.10.1. Market Size and Forecast, By Operation
  - 7.3.10.2. Market Size and Forecast, By Size
  - 7.3.10.3. Market Size and Forecast, By Capacity
7.4. Asia-Pacific
- 7.4.1. Key Market Trends and Opportunities
- 7.4.2. Market Size and Forecast, By Operation
- 7.4.3. Market Size and Forecast, By Size
- 7.4.4. Market Size and Forecast, By Capacity
- 7.4.5. Market Size and Forecast, By Country
- 7.4.6. China Supermarket Refrigeration Systems Market
  - 7.4.6.1. Market Size and Forecast, By Operation
  - 7.4.6.2. Market Size and Forecast, By Size
  - 7.4.6.3. Market Size and Forecast, By Capacity
- 7.4.7. Japan Supermarket Refrigeration Systems Market
  - 7.4.7.1. Market Size and Forecast, By Operation
  - 7.4.7.2. Market Size and Forecast, By Size
  - 7.4.7.3. Market Size and Forecast, By Capacity
- 7.4.8. India Supermarket Refrigeration Systems Market
  - 7.4.8.1. Market Size and Forecast, By Operation
  - 7.4.8.2. Market Size and Forecast, By Size
  - 7.4.8.3. Market Size and Forecast, By Capacity
- 7.4.9. South Korea Supermarket Refrigeration Systems Market
  - 7.4.9.1. Market Size and Forecast, By Operation
  - 7.4.9.2. Market Size and Forecast, By Size
  - 7.4.9.3. Market Size and Forecast, By Capacity
- 7.4.10. Rest of Asia-Pacific Supermarket Refrigeration Systems Market
  - 7.4.10.1. Market Size and Forecast, By Operation
  - 7.4.10.2. Market Size and Forecast, By Size
  - 7.4.10.3. Market Size and Forecast, By Capacity
7.5. LAMEA
- 7.5.1. Key Market Trends and Opportunities
- 7.5.2. Market Size and Forecast, By Operation
- 7.5.3. Market Size and Forecast, By Size
- 7.5.4. Market Size and Forecast, By Capacity
- 7.5.5. Market Size and Forecast, By Country
- 7.5.6. Latin America Supermarket Refrigeration Systems Market
  - 7.5.6.1. Market Size and Forecast, By Operation
  - 7.5.6.2. Market Size and Forecast, By Size
  - 7.5.6.3. Market Size and Forecast, By Capacity
- 7.5.7. Middle East Supermarket Refrigeration Systems Market
  - 7.5.7.1. Market Size and Forecast, By Operation
  - 7.5.7.2. Market Size and Forecast, By Size
  - 7.5.7.3. Market Size and Forecast, By Capacity
- 7.5.8. Africa Supermarket Refrigeration Systems Market
  - 7.5.8.1. Market Size and Forecast, By Operation
  - 7.5.8.2. Market Size and Forecast, By Size
  - 7.5.8.3. Market Size and Forecast, By Capacity

CHAPTER 8: COMPETITIVE LANDSCAPE

8.1. Introduction
8.2. Top Winning Strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Top Player Positioning, 2023

CHAPTER 9: COMPANY PROFILES

9.1. Panasonic
- 9.1.1. Company Overview
- 9.1.2. Key Executives
- 9.1.3. Company Snapshot
- 9.1.4. Operating Business Segments
- 9.1.5. Product Portfolio
- 9.1.6. Business Performance
- 9.1.7. Key Strategic Moves and Developments
9.2. Hussmann
- 9.2.1. Company Overview
- 9.2.2. Key Executives
- 9.2.3. Company Snapshot
- 9.2.4. Operating Business Segments
- 9.2.5. Product Portfolio
- 9.2.6. Business Performance
- 9.2.7. Key Strategic Moves and Developments
9.3. Tecumseh
- 9.3.1. Company Overview
- 9.3.2. Key Executives
- 9.3.3. Company Snapshot
- 9.3.4. Operating Business Segments
- 9.3.5. Product Portfolio
- 9.3.6. Business Performance
- 9.3.7. Key Strategic Moves and Developments
9.4. Electrolux
- 9.4.1. Company Overview
- 9.4.2. Key Executives
- 9.4.3. Company Snapshot
- 9.4.4. Operating Business Segments
- 9.4.5. Product Portfolio
- 9.4.6. Business Performance
- 9.4.7. Key Strategic Moves and Developments
9.5. Gram
- 9.5.1. Company Overview
- 9.5.2. Key Executives
- 9.5.3. Company Snapshot
- 9.5.4. Operating Business Segments
- 9.5.5. Product Portfolio
- 9.5.6. Business Performance
- 9.5.7. Key Strategic Moves and Developments
9.6. Daikin
- 9.6.1. Company Overview
- 9.6.2. Key Executives
- 9.6.3. Company Snapshot
- 9.6.4. Operating Business Segments
- 9.6.5. Product Portfolio
- 9.6.6. Business Performance
- 9.6.7. Key Strategic Moves and Developments
9.7. Miele
- 9.7.1. Company Overview
- 9.7.2. Key Executives
- 9.7.3. Company Snapshot
- 9.7.4. Operating Business Segments
- 9.7.5. Product Portfolio
- 9.7.6. Business Performance
- 9.7.7. Key Strategic Moves and Developments
9.8. Whirlpool
- 9.8.1. Company Overview
- 9.8.2. Key Executives
- 9.8.3. Company Snapshot
- 9.8.4. Operating Business Segments
- 9.8.5. Product Portfolio
- 9.8.6. Business Performance
- 9.8.7. Key Strategic Moves and Developments
9.9. Haier
- 9.9.1. Company Overview
- 9.9.2. Key Executives
- 9.9.3. Company Snapshot
- 9.9.4. Operating Business Segments
- 9.9.5. Product Portfolio
- 9.9.6. Business Performance
- 9.9.7. Key Strategic Moves and Developments
9.10. Turbo Air
- 9.10.1. Company Overview
- 9.10.2. Key Executives
- 9.10.3. Company Snapshot
- 9.10.4. Operating Business Segments
- 9.10.5. Product Portfolio
- 9.10.6. Business Performance
- 9.10.7. Key Strategic Moves and Developments