World refrigeration trends edited

World Refrigeration

– 2011-2016

January 2014

Anette Meyer

Holley

2 Excellence in Market Intelligence

The Output

2


Definitions and double counting

3

compressors OEM – no

double count

Condensing

units

Racks/packs

Evaporator &

refrigeration

units

Heat

exchangers

OEM/local ref companies buying

from OEM outside

country – no

double count

Double

counting

no double

count

Double

counting


Global drivers

4

Importance

Degree of Adoption

low

high

med

high

med

• In EU countries supermarkets and energy efficiency are key

• In India, China and Brazil, improving the food chain is a main driver

EU Legislation/

Outlawing of R22;

Directive 2009/125/EC on

Ecodesign1 a framework

for energy reduction

Supermarkets –

Energy Efficiency/

Green credentials

Improve food

chain/avoid

waste

Discount

stores – Lidl,

Aldi etc.

Smaller

supermarkets

Design

Reliability

R744 vending

machines

Quick

installation

Price of

Copper

Reduce noise

levels


Penetration of inverters, new compressors % by

volume, 2012 and 2016

5

0

10

20

30

40

50

60

70

80

90

100

Light 2012 Light 2016 Heavy 2012 Heavy 2016 Industrial 2012 Industrial 2016

UK

France

Germany

Italy

Russia

China

Brazil

India

USA


Overview by country & product, by value (US$)

6

Total: 30,967.1 US$ million

12%

35%

5% 6% 3%

6% 7% 5%

21%


The players

Compressors

Racks & packs

Condensing units

Evaporator/refrigeration units

7

Global

Local


End user sectors

8

• Food manufacturing, food distribution and storage and food retailing/ etc

account for the bulk of refrigeration – approximately 75% in the US

Pharmaceutical Petro-Chemical Marine Leisure Building services


Growth in refrigeration, by country, by value, CAGR

9

2013 total: 30,967.1 US$ million

14.5%

8.5%

7.5%

7%

4%

3.5%

2.5%

2.5%

1.5%


Growth in refrigeration, by country, by value, CAGR

10

2013 total: 30,967.1 US$ million

7.1%

6.6%

6.1%

5.7%

5.4%

5.2%


Contact details

11

World refrigeration trends edited

Business

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