Summary
As the world continues to deal with COVID-19, economies are moving into recession, under multiple adverse factors, the GDP of European and American countries in the second quarter suffered a historical contraction. At an annualized rate, the US GDP fell by 32.9% month on month, while the overall GDP of the euro zone fell by 12.1%.
Moreover, the economic prospects of Europe and the United States in the third quarter under the epidemic situation are hardly optimistic. The resumption of work and production not only brought economic data back, but also triggered a rebound in the epidemic situation. At present, the United States is still the 'epicenter' of the global epidemic. The total number of confirmed cases has exceeded 4.8 million, and the epidemic situation in some European countries has also rebounded. Affected by this, more than 20 states in the United States have announced the suspension or withdrawal of part of the economic restart plan. Britain and Italy have also decided to extend the state of emergency. The rebound of the epidemic situation has posed considerable risks to the economic prospects of Europe and the United States.
In the second quarter of this year, US GDP shrank by 9.5% on a month on month basis, or 32.9% at an annual rate, the largest decline since the 1940s. Data show that the sharp decline in personal consumption is the main drag on the U.S. GDP growth in the second quarter.
Compared with the United States, Europe's economic contraction in the second quarter was smaller, but it was also the lowest on record, with Germany and France contracting more than 10%. According to the data released by the Federal Bureau of statistics, Germany's GDP fell by 10.1% in the second quarter after adjusting for prices, seasons and working days, the largest decline since the quarterly economic data were available in 1970.
Thanks to the effective control and policy support of the new epidemic, China's economy rebounded sharply in the second quarter. The growth rate of manufacturing industry, which accounted for about 28% of GDP, rebounded sharply to 4.4% from the negative value in the first quarter. Chinese original equipment manufacturers (OEMs) and suppliers are ramping up production. And there are increased investments in digital footprints in manufacturing. OEMs in other parts of the world are offering incentives to drive sales. XYZResearch published a report for global Refrigeration Machinery & Equipment market in this environment.
In terms of revenue, this research report indicated that the global Refrigeration Machinery & Equipment market was valued at USD XXX million in 2019, and it is expected to reach a value of USD XXX million by 2026, at a CAGR of XX % over the forecast period 2021-2026. Correspondingly, the forecast analysis of Refrigeration Machinery & Equipment industry comprises of China, USA, Japan, India, Korea and South America, with the production and revenue data in each of the sub-segments.
The ?? Daikin Industries aims at producing XX Refrigeration Machinery & Equipment in 2020, with XX % production to take place in global market, ? ? Whirpool Corporation accounts for a volume share of XX %.
Regional Segmentation (Value; Revenue, USD Million, 2015 - 2026) of Refrigeration Machinery & Equipment Market by XYZResearch Include
China
EU
USA
Japan
India
Southeast Asia
South America
Competitive Analysis; Who are the Major Players in Refrigeration Machinery & Equipment Market?
Daikin Industries
Whirpool Corporation
Danfoss
Dover Corporation
Illinois Tool Works Inc
Hussmann Corporation
Ingersoll Rand
Haier Inc.
Metalfrio Solutions SA
Beverage-Air Corporation
...
Major Type of Refrigeration Machinery & Equipment Covered in XYZResearch report:
Compression Refrigeration Machine
Absorption Refrigeration Machine
Steam Jet Refrigeration Machine
Application Segments Covered in XYZResearch Market
Laboratory Use
Industrial Production Use
Air Conditioner Use
Other
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global Refrigeration Machinery & Equipment Market Analysis 2020, With Top Companies, Production, Revenue, Consumption, Price and Growth Rate
1 Market Scope
1.1 Product Details and Introduction
1.1.1 Compression Refrigeration Machine -Product Introduction and Major Manufacturers
1.1.2 Absorption Refrigeration Machine -Product Introduction and Major Manufacturers
1.1.3 Steam Jet Refrigeration Machine -Product Introduction and Major Manufacturers
1.2 Market Snapshot
1.2.1 Major Companies Overview
1.2.2 Market Concentration
1.2.3 Six-Year Compound Annual Growth Rate (CAGR)
2 Global Refrigeration Machinery & Equipment Market Assessment, by Segmentation
2.1 Type Breakdown Estimates & Forecast, Sales Volume (2015-2026)
2.2 Type Breakdown Estimates & Forecast, Sales Value (2015-2026)
2.3 Application Breakdown Estimates & Forecast, by Application (2015-2026)
3 Regional Market Analysis
3.1 China Refrigeration Machinery & Equipment Market
3.1.1 Top Companies leading Refrigeration Machinery & Equipment Development in China (2015-2020)
3.1.2 Sales Value of Major Company in China Market (2015-2020)
3.1.3 China Refrigeration Machinery & Equipment Price (USD/Unit), by Type (2019-2020)
3.1.4 Sales in China Market, by Type (2015-2026)
3.2 EU Refrigeration Machinery & Equipment Market
3.2.1 Top Companies leading Refrigeration Machinery & Equipment Development in EU (2015-2020)
3.2.2 Sales Value of Major Company in EU Market (2015-2020)
3.2.3 EU Refrigeration Machinery & Equipment Price (USD/Unit), by Type (2019-2020)
3.2.4 Sales in EU Market, by Type (2015-2026)
3.3 USA Refrigeration Machinery & Equipment Market
3.3.1 Top Companies leading Refrigeration Machinery & Equipment Development in USA (2015-2020)
3.3.2 Sales Value of Major Company in USA Market (2015-2020)
3.3.3 USA Refrigeration Machinery & Equipment Price (USD/Unit), by Type (2019-2020)
3.3.4 Sales in USA Market, by Type (2015-2026)
3.4 Japan Refrigeration Machinery & Equipment Market
3.4.1 Top Companies leading Refrigeration Machinery & Equipment Development in Japan (2015-2020)
3.4.2 Sales Value of Major Company in Japan Market (2015-2020)
3.4.3 Japan Refrigeration Machinery & Equipment Price (USD/Unit), by Type (2019-2020)
3.4.4 Sales in Japan Market, by Type (2015-2026)
3.5 India Refrigeration Machinery & Equipment Market
3.5.1 Top Companies leading Refrigeration Machinery & Equipment Development in India (2015-2020)
3.5.2 Sales Value of Major Company in India Market (2015-2020)
3.5.3 India Refrigeration Machinery & Equipment Price (USD/Unit), by Type (2019-2020)
3.5.4 Sales in India Market, by Type (2015-2026)
3.6 Southeast Asia Refrigeration Machinery & Equipment Market
3.6.1 Top Companies leading Refrigeration Machinery & Equipment Development in Southeast Asia (2015-2020)
3.6.2 Sales Value of Major Company in Southeast Asia Market (2015-2020)
3.6.3 Southeast Asia Refrigeration Machinery & Equipment Price (USD/Unit), by Type (2019-2020)
3.6.4 Sales in Southeast Asia Market, by Type (2015-2026)
3.7 South America Refrigeration Machinery & Equipment Market
3.7.1 Top Companies leading Refrigeration Machinery & Equipment Development in South America (2015-2020)
3.7.2 Sales Value of Major Company in South America Market (2015-2020)
3.7.3 South America Refrigeration Machinery & Equipment Price (USD/Unit), by Type (2019-2020)
3.7.4 Sales in South America Market, by Type (2015-2026)
4 Value Chain (Impact of COVID-19)
4.1 Refrigeration Machinery & Equipment Value Chain Analysis
4.1.1 Upstream
4.1.2 Downstream
4.2 COVID-19 Impact on Refrigeration Machinery & Equipment Industry
4.2.1 Industrial Policy Issued Under the Epidemic Situation
4.3 Cost-Under the Epidemic Situation
4.3.1 Cost of Raw Material
4.4 Channel Analysis
4.4.1 Distribution Channel-Under the Epidemic Situation
4.4.2 Distributors
5 Regional Market Forecast (2021-2026)
5.1 Global Refrigeration Machinery & Equipment Sales and Growth Rate (2021-2026)
5.2 Global Refrigeration Machinery & Equipment Sales Value and Growth Rate (2021-2026)
6 Refrigeration Machinery & Equipment Competitive Analysis
6.1 Daikin Industries
6.1.1 Daikin Industries Company Profiles
6.1.2 Daikin Industries Product Introduction
6.1.3 Daikin Industries Refrigeration Machinery & Equipment Production, Revenue (2015-2020)
6.1.4 SWOT Analysis
6.2 Whirpool Corporation
6.2.1 Whirpool Corporation Company Profiles
6.2.2 Whirpool Corporation Product Introduction
6.2.3 Whirpool Corporation Refrigeration Machinery & Equipment Production, Revenue (2015-2020)
6.2.4 SWOT Analysis
6.3 Danfoss
6.3.1 Danfoss Company Profiles
6.3.2 Danfoss Product Introduction
6.3.3 Danfoss Refrigeration Machinery & Equipment Production, Revenue (2015-2020)
6.3.4 SWOT Analysis
6.4 Dover Corporation
6.4.1 Dover Corporation Company Profiles
6.4.2 Dover Corporation Product Introduction
6.4.3 Dover Corporation Refrigeration Machinery & Equipment Production, Revenue (2015-2020)
6.4.4 SWOT Analysis
6.5 Illinois Tool Works Inc
6.5.1 Illinois Tool Works Inc Company Profiles
6.5.2 Illinois Tool Works Inc Product Introduction
6.5.3 Illinois Tool Works Inc Refrigeration Machinery & Equipment Production, Revenue (2015-2020)
6.5.4 SWOT Analysis
6.6 Hussmann Corporation
6.6.1 Hussmann Corporation Company Profiles
6.6.2 Hussmann Corporation Product Introduction
6.6.3 Hussmann Corporation Refrigeration Machinery & Equipment Production, Revenue (2015-2020)
6.6.4 SWOT Analysis
6.7 Ingersoll Rand
6.7.1 Ingersoll Rand Company Profiles
6.7.2 Ingersoll Rand Product Introduction
6.7.3 Ingersoll Rand Refrigeration Machinery & Equipment Production, Revenue (2015-2020)
6.7.4 SWOT Analysis
6.8 Haier Inc.
6.8.1 Haier Inc. Company Profiles
6.8.2 Haier Inc. Product Introduction
6.8.3 Haier Inc. Refrigeration Machinery & Equipment Production, Revenue (2015-2020)
6.8.4 SWOT Analysis
6.9 Metalfrio Solutions SA
6.9.1 Metalfrio Solutions SA Company Profiles
6.9.2 Metalfrio Solutions SA Product Introduction
6.9.3 Metalfrio Solutions SA Refrigeration Machinery & Equipment Production, Revenue (2015-2020)
6.9.4 SWOT Analysis
6.10 Beverage-Air Corporation
6.10.1 Beverage-Air Corporation Company Profiles
6.10.2 Beverage-Air Corporation Product Introduction
6.10.3 Beverage-Air Corporation Refrigeration Machinery & Equipment Production, Revenue (2015-2020)
6.10.4 SWOT Analysis
7 Conclusion