The global refrigeration coolers market is expected to grow from USD 4.19 billion in 2024 to USD 5.74 billion in 2029 at a CAGR of 6.5% during the forecast period. A refrigeration cooler is designed to extract heat within an enclosed area or piece of matter, thus lowering its temperature for the safety and quality preservation of foodstuffs. Refrigeration coolers have used applications in food storage, pharmaceuticals, and industrial processes to ensure that the items attain an optimum temperature that will not lead to spoilage and preserve the integrity of the product while still meeting the regulations. This process plays a significant role in the conservation of products because refrigeration coolers effectively manage the temperature and cause much improvement in efficiency while taking the shelf life of products into various industries.
Some prominent players offering refrigeration coolers are Johnson Controls International plc (Ireland), LU-VE SPA (Italy), Lennox International (US), Kelvion Holding GmbH (Germany), Rivacold srl (Italy) H. Güntner Limited (Italy), Evapco, Inc. (US), Thermofin (Canada), Copeland LP (US), and Modine Manufacturing Co (US). Other players include Refrion Srl (Italy), Stefani SpA (Italy), Onda SpA (Italy), Roen Est Group (Italy), KFL srl (Italy), Walter Roller (Germany), CABERO (Germany), Thermokey Spa (Italy), Koxka (Spain), Centauro International (Portugal), Baltimore Aircoil Company (US), Daikin Industries, Ltd (Japan), Friterm A S (Turkey), and Danfoss A/S (Denmark), The methods include product launches, contracts, expansions, partnerships, collaborations, and acquisitions.
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Major Refrigeration Coolers Companies include:
Johnsons Controls Inc (Ireland)
Johnsons Controls Inc The company is engaged in engineering, manufacturing, and commissioning a wide range of building products and systems, including residential and commercial HVAC equipment, industrial refrigeration systems, controls, security systems, fire detection, and fire suppression solutions. Additionally, the company offers technical services such as maintenance, management, repair, retrofitting, and replacement of equipment in the HVAC, industrial refrigeration, security, and fire protection sectors, along with energy management consulting.
Lennox International. (US)
Lennox International Inc. It operates at global scale, with a geographical presence in North America, Asia, Europe, and Australia. Lennox International provides climate control solutions and engages in the design, manufacture, and sale of products for heating, ventilation, air conditioning, and refrigeration. The company manufactures and markets products for heating, ventilation, air conditioning, and refrigeration (HVACR) markets. It operates through the following business segments: Home comfort Solutions and Building climate solutions and Corporate & Others.
LU-VE (Italy)
LU-VE engages in the manufacture and sale of heat exchangers, air-cooled equipment, and close control products. It operates through the SBU Components segment and SBU Cooling Systems segment. The Components segment offers heat exchangers and special glass doors for refrigerated counters and display cabinets. The Cooling System segment offers air-cooled equipment and close control air conditioners. Its products include commercial unit coolers, industrial unit coolers, air coolers, tubeless steel condensers, dry coolers, and accessories and special products. The company offers its products for industrial and commercial refrigeration as well as air conditioning applications.
Kelvion (Germany)
Kelvion is a holding company for its related companies whose business purpose is within the areas of the development, manufacture, distribution, and sale of plate heat exchangers, Air coolers air filtration systems, condensers and dry coolers, coils, engines and generators and so on. Kelvion’s extensive portfolio serves a wide range of applications such as data centers, crypto-mining, hydrogen production, heat pumps, marine, HVAC, refrigeration and the food and beverage industry. The company serves energy, oil & gas, chemicals, marine, and food & beverages industries
Rivacold (Italy)
Rivacold srl was originally established in 1966 as a supplier of condensing units and hermetic systems to the manufacturers of refrigerated counters and cabinets. The company is one of the major manufacturers of refrigeration equipment, offering a comprehensive portfolio that encompasses three main product categories. The first category, Refrigerating Systems, includes compressor receiver sets, open and housed condensing units, packaged and split systems, multi-compressor packs, and integrated systems designed to meet diverse refrigeration needs. The second category, Heat Exchangers, specializes in air-cooled and compact condensers, static evaporators, and unit coolers, ensuring efficient thermal management across various applications. Finally, Rivacold provides advanced Truck Refrigeration solutions, featuring battery and direct-driven refrigeration systems tailored for trucks to support the transportation of temperature-sensitive goods.
Apart from these companies, many other vital companies, such as Danfoss, Modine Manufacturing, Thermofin, Evapco, among others are working toward strengthening their position in the market by developing innovative technologies.
Related Reports:
Refrigeration Coolers Market by Offering (Condensers, Compressors, Evaporators, Air Cooler), Mobility (Stationary, Portable), Refrigerant Type (Ammonia, Carbon Dioxide, HFC/HFO, Propane, Glycol, Brine, Hydrocarbon Blends) - Global Forecast to 2029
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