Overview of REFCOLD India 2024

Date & Venue:

REFCOLD India 2024 is scheduled to take place from October 3 to 5, 2024, at the Bharat Mandapam International Convention and Exhibition Center, New Delhi, India.

About:

REFCOLD India is South Asia’s premier trade fair dedicated to refrigeration and the cold chain industry. Organized by the Indian Society of Heating, Refrigerating and Air Conditioning Engineers (ISHRAE) in collaboration with NürnbergMesse India, the event serves as a comprehensive platform for businesses, innovators, and thought leaders to showcase and explore cutting-edge technologies, solutions, and advancements in the refrigeration and cold chain sectors.

Industry Segments:

Refrigeration systems, cold storage solutions, cold transport and logistics, cooling equipment, supply chain services, automation and IoT in cold chain, food and beverage refrigeration, industrial refrigeration, pharmaceutical cold storage.

Market Size & Overview of the Industry Segment:

The global cold chain market is projected to grow at a CAGR of 7.5%, with the market size anticipated to reach $471.9 billion by 2028. In India, the refrigeration and cold chain sector is experiencing rapid growth, driven by increasing demand for perishable goods, efficient supply chains, and advancements in technology. REFCOLD India plays a pivotal role in this growth by bringing together stakeholders to discuss innovations, challenges, and opportunities in the sector.

Attendance & Participation:

REFCOLD India 2024 is expected to attract over 250 exhibitors and more than 10,000 visitors from across the globe. Participants will include manufacturers, suppliers, distributors, policymakers, and thought leaders from the refrigeration and cold chain industry.

Who Should Visit:

Industry Professionals - Manufacturers, suppliers, distributors, and service providers in refrigeration and cold chain.
Business Leaders - Decision-makers, investors, and entrepreneurs seeking opportunities in the sector.
Policy Makers & Regulators - Government officials and bodies responsible for policy development and industry regulations.
Technology Enthusiasts - Professionals exploring the latest innovations, IoT applications, and automation solutions.
End Users - Representatives from industries like food & beverage, pharmaceuticals, dairy, logistics, and retail.

Exhibitor Analysis of REFCOLD India 2024

Top 5 Major Exhibitors with Short Descriptions:

Synergy Telecom Pvt. Ltd. - Synergy Telecom Pvt. Ltd., established in 2004 and headquartered in New Delhi, India, specializes in manufacturing, supplying, and exporting a wide range of RF solutions and telecommunications components. Their product portfolio includes RF Connectors, Coaxial Cables, Microwave Components, Antennas, Duplexers, Filters, Surge Arrestors, and Combiners. Synergy Telecom serves sectors including telecommunications, defense, and research, with clients such as ISRO, DRDO, and BSNL. The company is a key player in providing IBS and BTS products in India.
Mandev Tubes Pvt Ltd - Established in 1964, Mandev Tubes Pvt Ltd is a renowned manufacturer specializing in high-quality copper tubes for air conditioning, refrigeration, plumbing, and medical gas applications. Certified with ISO 9001, 14001, and 45001 standards, Mandev Tubes is known for its innovative products such as the MT-ECO SELF CONNECT PLUS+ and MT-MEDI SELF CONNECT PLUS+ series, tailored to industry standards for HVAC and MGPS (Medical Gas Pipeline Systems). The company combines advanced manufacturing technologies and strict quality control to ensure durable, efficient, and customized solutions for diverse industrial needs.
Ajit Industries Pvt. Ltd. - Ajit Industries Pvt. Ltd. (AIPL) is a leading Indian manufacturer of pressure-sensitive self-adhesive tapes and die-cut solutions. Established in 1998, the company is IATF 16949:2016, ISO 9001:2015, and ISO 14001:2015 certified, offering a wide range of high-performance tapes under brands like AIPL SUNSUI and AIPL SUPER GOLD. Serving industries from automotive to packaging, AIPL is committed to sustainability with eco-friendly tapes and products that meet stringent international standards.
Triton Valves Limited - Established in 1975, Triton Valves Limited is a premier manufacturer of tyre and tube valves, supplying high-precision components to industries including automotive, aerospace, mining, and air conditioning. As the leading Indian supplier of OEM specification valves, Triton is recognized for its advanced manufacturing capabilities, commitment to road safety, and focus on R&D. With production facilities conforming to international quality standards, Triton serves over 30 major vehicle manufacturers across various sectors in India and globally.
Frascold India Pvt Ltd - Frascold India Pvt Ltd, a subsidiary of Frascold S.p.A, specializes in advanced compressor solutions for the industrial refrigeration and air conditioning markets. The company offers a range of semi-hermetic screw and reciprocating compressors, as well as condensing units tailored to meet the needs of both Indian and Middle Eastern markets. Established to cater to the rising demand for energy-efficient and high-performance compressors, Frascold India provides pre-sales consulting, post-sales assistance, and technical support, with an on-site training area for simulating refrigeration and HVAC installations.

Participating Countries:

Total Participating Countries: 20
Top 5 Countries by Participation (with percentage):

India: 91%
South Korea: 2%
USA: 2%
China: 2%
Vietnam: 2%

Major Types of Companies:

Total Unique Company Types: 20
Top 5 Company Types (with percentage):

Equipment Manufacturing: 57%
Manufacturing: 35%
Technology Services: 30%
Exporters: 8%
Consulting Services: 7%

Major Product Categories:

Total Unique Product Categories: 130
Top 5 Product Categories (with percentage):

Industrial Refrigeration: 19%
HVAC Equipment: 14%
Food Processing Machines and Equipment: 10%
Refrigeration Equipment: 8%
Industrial Components: 7%

Major Product Items:

Total Unique Product Items: 642
Top 15 Products (comma-separated): Condensing Units, Evaporative Condensers, Blast Freezers, Copper Tubes, Reciprocating Compressors, Copper Fittings, Clean Room Panels, Cold Rooms, Chillers, PUF Panels, Truck Refrigeration Systems, Vehicle Air Conditioning Systems, Insulated Cargo Containers, Reverse Osmosis Systems, Cooling Towers.

Interesting Insights

Exhibiting Countries of Top 5 Company Types

Equipment Manufacturing - India, Brazil, USA, Vietnam
Manufacturing - India, South Korea, USA, Brazil, Vietnam, China
Technology Services - India, USA, Brazil, Serbia
Exporters - India
Consulting Services - India, Vietnam, Serbia

Exhibiting Countries of Top 5 Product Categories

Industrial Refrigeration - India, South Korea, USA, Vietnam, China
HVAC Equipment - India, USA, Vietnam
Food Processing Machines and Equipment - India, Brazil, USA, Vietnam
Refrigeration Equipment - India, China
Industrial Components - India, USA, Vietnam, Serbia

Exhibiting Countries of Top 10 Products

Condensing Units - India, South Korea, China
Evaporative Condensers - India, Vietnam
Blast Freezers - India, USA, Brazil
Copper Tubes - India, Vietnam, Serbia
Reciprocating Compressors - India, South Korea
Copper Fittings - India, Vietnam
Clean Room Panels - India, China
Cold Rooms - India, USA, Vietnam
Chillers - India, Brazil, USA
PUF Panels - India, South Korea, USA

Top 5 Exhibiting Countries and Their Product Details

India
Industrial Refrigeration, HVAC Equipment, Refrigeration Equipment, Industrial Components
Condensing Units, Blast Freezers, Copper Tubes, Chillers
Equipment Manufacturing, Manufacturing, Technology Services, Exporters, Consulting Services
USA
HVAC Equipment, Industrial Automation, Water Treatment
Reverse Osmosis Systems, Condensing Units, Cooling Towers
Technology Services, Manufacturing, Equipment Manufacturing
South Korea
Industrial Refrigeration, Transport Refrigeration
Truck Refrigeration Systems, Vehicle Air Conditioning Systems
Manufacturing
Vietnam
Cold Storage Solutions, HVAC Equipment, Refrigeration Equipment
PUF Panels, Industrial Cold Storage, Clean Room Panels
Equipment Manufacturing, Industrial Services, Manufacturing
China
Commercial Property, Hospitality Services, Retail Development
Grade-A Offices, Shopping Malls, Retail Units
Real Estate, Business Services, Hospitality, Manufacturing

Key Highlights of REFCOLD India 2024

Key Industry Segments

REFCOLD India 2024 focuses on diverse sectors within the refrigeration and cold chain industry. The key industry segments include:

Industrial Refrigeration: Solutions for sectors like dairy, fisheries, meat processing, and frozen foods.
Cold Storage Solutions: Advanced storage technologies ensuring efficiency and temperature control for perishable goods.
Transport Refrigeration: Reefer trucks, insulated containers, and temperature-controlled logistics systems.
HVAC Equipment: Innovative heating, ventilation, and air conditioning technologies for commercial and industrial applications.
Food Processing Machines and Equipment: Machinery for maintaining freshness and quality in food production and storage.
Supply Chain Services: Integrated logistics, automated systems, and IoT-enabled tracking solutions for efficient operations.
Pharmaceutical Cold Storage: Reliable temperature-controlled environments critical for vaccines, medicines, and other medical products.

Market Trends

The refrigeration and cold chain industry is experiencing robust growth driven by evolving market demands and technological advancements. Major trends include:

Sustainability and Energy Efficiency:
Growing adoption of eco-friendly refrigeration technologies, such as natural refrigerants and energy-efficient systems.
Emphasis on reducing greenhouse gas emissions and aligning with global environmental goals.
Technological Advancements:
Integration of IoT and AI for real-time monitoring, predictive maintenance, and enhanced operational efficiency.
Development of automation in cold storage facilities, improving productivity and reducing human error.
Increasing Demand in E-Commerce and Retail:
Surge in online grocery and food delivery services driving the need for robust cold chain logistics.
Expansion of retail cold storage infrastructure to meet the demands of urbanization.
Government and Policy Support:
Policies encouraging investments in cold chain infrastructure to reduce food wastage and support agricultural supply chains.
Subsidies and incentives for technology adoption in emerging economies.
Globalization of Food and Pharmaceutical Supply Chains:
Rising international trade of perishable products such as seafood, dairy, and vaccines.
Focus on maintaining quality and compliance with stringent international standards.
Customization and Modular Solutions:
Shift towards scalable, modular cold storage systems catering to varied business sizes and needs.
Custom solutions tailored for specific industry requirements, such as pharmaceuticals and specialty foods.

REFCOLD India 2024 positions itself as the hub for showcasing these trends and facilitating discussions around innovation, challenges, and future opportunities in the refrigeration and cold chain sectors.

Conclusion

REFCOLD India 2024 stands as a pivotal event for the refrigeration and cold chain industry, bringing together global innovators, business leaders, and policymakers under one roof. From cutting-edge technologies to insightful discussions on sustainability and market trends, the trade fair is a catalyst for growth and collaboration in this ever-evolving sector.

Recfold India 2024: Exhibitors