Beyond Boundaries: Leveraging No-Code Solutions for Industry Innovation
Yang Ping, China IOL
1.
2. Market Feature and Trend of China
Commercial Refrigeration Equipment
Company: Beijing Zhixindao Sci-Tech Corp.,ltd
Speaker:Ping, Yang
April 11th 2019 Shanghai
3. Panorama of Refrigeration Industry
Refrigeration Compressor
Hermetic Comp. Rotary Comp. Scroll Comp. Semi-hermetic Comp. Screw Comp.
Application
Home
Commercial Industrial
Light Commercial Large Commercial
Petroche
mical
Food
Processing
Special
Application
Refrigerator
Freezer
Water Dispenser
Light
Commercial
Cabinet
Food display
Kitchen
refrigerator
Drinks
Automatic
Wine Cooler
Other
Ice Cream
Maker
Commercial
Ice Maker
Medical
Freezer
Other
Display
Cabinet
Upright Cabinet
Service Counter
Island
Walk-in Cold-
Cabinet
Other
Refrigerator
Trucks
Reefer
Container
Artificial Ice(snow)
Field
Environmental
Simulation Test
Other
Cold-room
Fruit and
Vegetable
Meat
Aquatic
Product
Other
Compressor
Units
Quick-Frozen
Industrial Ice
Maker
Cold(Salt)
Water Units
Condenser
Units
Transportation
4. Industry Scale: Steady Growth; Focus on Light Commercial Demand
Marker Scale and Growth Rate of Refrigeration and HVAC Industry in 2018 (100 million yuan,%)
Data Source: ChinaIOL
RAC
2955 +3.4%
Refrigerator.& Freezer
including water dispenser)
1357 (+7.5%)
Heat pump
Water Heater
35 -3.5%
Home Heat
Pump Heating
46 -38.6%
Light Commercial
682 +9.99%
Light commercial
equipment
274 (+15.6%)
Commercial Heat Pump Water
Heater
19 +6.2%
Large commercial
equipment
245 +7.3%
Commercial Heat Pump
Heating
22 +20.6%
Machine
roomCleanOther
88.3 (+8.9%)
Industrial
Refrigeration
59 2.2%
Industrial and
Agricultural Drying
7 +23.7%
4040
+5.11%
1935
+8.5%
129
-15.6%
Industry Home Commercial Industrial
Note: amount of heating product is domestic sales.
Water Chiller Units
285 (+11.2%)
Heating
Refrigeration
A/C
6. Industry Sales: 193.5 billion Yuan; High Growth of Commercial Refrigeration
Data Source: ChinaIOL
Market Scale and Growth Rate of China Commercial Refrigeration Equipment in 2018 (100 million yuan,%)
%
%
%
%
%
Home Commercial Industrial
260 276
350
389
411
465
519
568
104
128
154
180
201
237
274
304
156 148
195 209 210
228 245
264
%
2012 2013 2014 2015 2015 2017 2018 2019*
433.5-1 2 1 06 433.5-1 2 5 . 433.5-1 2
7. Light Commercial: Significant Growth; Large Commercial: Steady Growth
Data Source: ChinaIOL
Market Scale and Growth Rate of China Commercial Refrigeration Equipment in 2014-2018 (100 million yuan,%)
Light Commercial Cabinet
12.8%, 32%, 164
Other Commercial Cabinet
19.7%, 21%, 110
Display Cabinet
4.2%, 5%, 25
Condenser Units
3.5%, 10%, 50
Transportation Ref.
6.9%, 33%, 171
Large Commercial
Market Scale:24.5 billion yuan.
Proportion:47%
Growth:5.8%
Light Commercial
Market Scale: 27.4 billion yuan
Proportion:53%
Growth:15.4%
X: 2014-2018 CAGR(%)
Y: Proportion(%)
Circle: 2018 Market Scale(100 million yuan)
8. Light Commercial: Product Differentiation; Focus on High Growth Rate Product
Data Source: ChinaIOL
Market Scale and Concentration Ratio of Light Commercial Refrigeration Segment Products in 2014-2018
( )B ( A 5A4
0
2 A 4
1 - 8 0
Light
Commercial
Cabinet
Food Display 440
Drinks 193
Kitchen
Refrigerator
177
Wine Cooler 143
Automat 18
Other Light
Commercial
Ice Cream Maker 53
Commercial Ice
Maker
38
Medical freezer 24
Other 113
14%
3%
15%
7%
47%
21%
16%
22%
19%
28%
63%
62%
43%
39%
20%
33%
95%
9. Large Commercial: Steady Growth; Focus on Refrigerator Trucks
Data Source: ChinaIOL
Contrast of Large Commercial Refrigeration Segment Products in 2014-2018 (100 million yuan,%)
0 %
1 0%
2 0%
3 0%
4 0%
5 0%
6 0%
%
Display Cabinet
Market Scale:25
Proportion:10.2%
Growth:4.2%
Condenser Units
Market Sacle:50
Proportion:20.2%
Growth:3.5%
Refrigerator Trucks
Market Scale:116
Proportion:47.3%
Growth:8.2%
Reefer Container
Market Scale:55
Proportion:22.3%
Growth:4.3%
X: 2014-2018 CAGR(%)
Y: Proportion (%)
Circle:2018 Market Scale(100 million yuan)
10. Contents
Data Source: ChinaIOL
Operation Feature Development Trend
Market Scale Trend
Commercial Refrigeration
Light Commercial Performance
Larger Commercial Performance
Market Scale Forecast
Refrigerant Development
Refrigerant Application
11. Forecast: Seize Opportunities of Segment Market; Differentiated Development
Data Source: ChinaIOL
519
274 245
733
420
313
0
100
200
300
400
500
600
700
800
Commercial
Refrigeration
Light
Commercial
Large
Commercial
Sales Volume and Growth Forecast of China Light Commercial Refrigeration in 2018-2022 (100 million yuan,%)
10.4%
15.4%
5.8%
9.0%
11.3%
6.3%
Commercial
Refrigeration
Light
Commercial
Large
Commercial
2018 Sales Amount
2022 Sales Amount
2014-2018 CAGR
2018-2022 CAGR
%
%
FO
O
D
D
ISPLAY
KITC
H
EN
R
EFR
IG
ER
ATO
R
D
R
IN
KS
C
ABIN
ET
W
IN
E
C
O
O
LER
AU
TO
M
ATIC
E
C
R
EAM
M
AR
KER
C
O
M
M
ER
C
IAL
IC
E
M
AKERM
ED
IC
AL
FR
EEZER
O
TH
ER
D
ISPLAY
C
ABIN
ETC
O
N
D
EN
SER
U
N
ITS
R
EFR
IG
ER
ATO
R
TR
U
C
KSR
EEFER
C
O
N
TAIN
ER
12. Refrigerant Trend: Technological Reserve of Natural Refrigerant and Application
Data Source: ChinaIOL
Commercial refrigeration equipment adopt HCs, HCFCs, HFCs single and mixed refrigerant. HFOs refrigerant is used in a small part of reefer
container. In future, the main alternative direction of light commercial refrigeration is R290. Large commercial refrigeration mainly uses natural
refrigerants and low GWP environmentally friendly refrigerant HFOs.
Current Status and Forecast of Refrigerant Application in China Commercial Refrigeration in 2018-2024F(%)
Note: Other means R407C, R507A, CO2 or refrigerants for cascade Systems.
33.5%
26.3%
28.6%
6.6%
1.7% 0.7%
2.6%
23.4%
18.6%
37.8%
7.1% 6.8%
1.4%
5.0%
R22 R134a R404A R600a R290 R1234yf Other
2018 2024F
13. Refrigerant Development Plan of Commercial Refrigeration
Data Source: ChinaIOL
Refrigerant Development Plan of China Commercial Refrigeration
Light Commercial
R134a,R404A , R290,R600a etc.
R290, R600a etc.
Mainly use R134a,R404A , R290,R600a
Large Commercial
R134a,R404A etc.
CO2 , NH3 ,HFOs etc.
R134a,R22 ,R404A etc.Present
Transit
Final
20232020 20252021
New-produced cold-room equipment
ban using R404A in European.
New-produced Food retail refrigeration
equipment ban using R404 and R507A in USA.
New-produced cold-room equipment ban using R404A,
R507A, R407A and R407B in USA.
Commercial refrigeration equipment (Compression
Capacity>1.5KW) ban using R404A, R410A, R407C
in Japan.
Refrigerant Development Plan of Commercial Refrigeration
14. Ref.Compressor Strongly Support Refrigeration Development
Data Source: ChinaIOL
Home
Refrigeration
Commercial
Refrigeration
Refrigeration
Equipment
Industrial
Refrigeration
Ref.&
Freezer
Water
Dispenser
Light
Commercial
Large
Commercial
89560 K pcs -0.4%
4620 K pcs +0.4%
11980 K pcs +14.5%
Display Cabinet 121K pcs +14.9%
Cold Room 3840K pcs +8.6%
Refrigerator Trucks: 24K trucks +9.6%
Reefer Container 132K TEU +4.2%
Petrochemical 2250 million yuan -2.2%
Food Precessing:2350 million yuan +5.4%
Special Application 1310 million yuan +6.2%
Hermetic
Compressor
Semi-Hermetic
Compressor
Scroll Compressor
Rotary Compressor
Screw Compressor
∑=116490 K pcs
+2.1%
115850 K pcs +2.1%
182 K pcs -4.9%
232 K pcs +10.9%
209 K pcs +10.4%
16 K pcs +9.1%
Ref. Compressor
Apparent consumption
(domestic + import): K pcs
K pcs
K pcs/K tons/K trucks/K TEU
100 million yuan
15. Link Industrial Ecology Assist Industrial Manufacturing
Professional Report;
2019 Industry Development and Technology Forum of China Cold
Chain Equipment- Light Commercial Cabinet
• Standard and market Driven
• The latest trend (Light commercial cabinet , refrigerant, standard specification)
• Accurate data analysis (ChinaIOL Data )
2019 Industry Development and Technology Forum of
China Cold Chain Equipment- -Cold-room
• Focus on cold chain upgrade
• Joint authoritative experts and local associations
• Solution for enterprises (Cold chain equipment, condenser
units and cold room etc.)
Jan.-Mar. August October
• Annual Report of Global Refrigerator and Freezer Industry
• Annual Report of China Refrigerator and Freezer Industry
• Annual Report of China Light Commercial Refrigeration Equipment (Ice maker, ice cream maker, light commercial cabinet)
• Annual Report of China Cold Chain Commercial Equipment (Refrigerator car, cold-room, display cabinet)
• Annual Report of China Industrial Frozen Industry
• Annual Report of China Commercial Freezer Application Segment(Supermarket, Convenience Store
Ping, Yang
Add: Rm.618,A3 Xinyi Business Building, Chongwenmenwai Street
Beijing
Web: www.ChinaIOL.com
Tel: 010-67081838-802
Phone: 15901491959
E-mail: yping@chinaiol.com