Industrial Refrigeration System Market: Information, Figures and Analytical Insights 2019–2026
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The Industrial Refrigeration System Market drivers and trends are as follows:
Increasing demand for advanced and compact refrigeration systems, growing government support to surge the adoption of cold chain infrastructure in developing economies, and rising adoption of natural refrigerant-based systems due to rigorous regulatory policies are certain factors that are boosting the growth of the global industrial refrigeration system market. Moreover, the rising demand for industrial refrigeration from the food & beverage industry, owing to the growing demand for frozen and processed food in developing countries, further propels the growth of the market. The awareness regarding energy conservation among end-users is forcing the manufacturers to develop an energy-efficient refrigeration system.
Rising consumer trends towards diet has encouraged the food manufacturers to keep track of recent trends and adopt new technologies to capture the maximum highest share. For example, the Ministry of Food Processing Industries of India implemented the value addition, cold chain, and preservation infrastructure scheme. The program provides financial support for setting up the integrated cold chain infrastructure to avoid post-harvest losses. These factors are fuelling market growth in the upcoming years. Furthermore, the increasing popularity of CO2-based and ammonia-based refrigeration systems is further bolstering the growth of the market. On the other hand, the high installation cost will restrain the growth of the market.
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Key Benefits of the Report:
- This report offers an analytical depiction of the industrial refrigeration system market while providing the current trends and future estimations to determine the imminent investment pockets.
- This study illustrates every relevant information, including the market drivers, restraints, and emerging opportunities, followed by a detailed analysis of the industrial refrigeration system market share.
- The report also provides a detailed industrial refrigeration system market analysis based on competitive intensity and how the competition will take shape over the next six years.
Various companies covered in the Industrial Refrigeration System Marketreport:
- Johnson Controls International plc
- Emerson Electric Co.
- Danfoss
- GEA Group AG
- Mayekawa Mfg. Co., Ltd.
- Baltimore Aircoil Company, Inc.
- Bitzer SE
- Daikin Industries, Ltd.
- Evapco, Inc.
- Güntner GmbH & Co. KG
- Ingersoll-Rand Inc.
- LU-VE s.p.a.
- United Technologies Corporation
Segmentation of the Industrial Refrigeration System Market:
Breakup by Component:
- Compressors
- Reciprocating Compressors
- Semi-Hermetic Type
- Hermetic Type
- Open Type
- Screw Compressors
- Single-Screw Compressors
- Twin-Screw Compressors
- Condensers
- Air-Cooled Condensers
- Water-Cooled Condensers
- Evaporative Condensers
- Evaporators
- Cooling Type
- Air-Cooled Evaporators
- Design Type
- Bare Tube Evaporators
- Plate Type Evaporators
- Finned Evaporators
- Shell and Tube Type Evaporators
- Controls
- Compressor Controls
- Condenser Controls
- Evaporator Controls
- Vessels, Pumps, Valves, and Auxiliary Equipment
Breakup by Refrigerant Type:
- Ammonia
- Ammonia Refrigeration System
- Low-Charge Ammonia Refrigeration System
- CO2
- CO2 Refrigeration System
- CO2 Cascade Refrigeration System
- Others
- HFC
- HCFC
- HC
- HFO
Breakup by Application:
- Refrigerated Warehouse
- Fruit & Vegetable Processing
- Beverage
- Meat, Poultry, & Fish Processing
- Dairy & Ice Cream Processing
- Chemical, Petrochemical, & Pharmaceutical
- Refrigerated Transportation
- Integration and Deployment
- Support and Maintenance
Breakup by Region:
- North America
- United States of America
- Canada
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Rest of the world (remaining countries of the LAMEA region)
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