Industrial Refrigeration Equipment Global Market R Industrial Refrigeration Equipment Global Market Report 2023 – By Equipment Type (Condenser, Compressor, Evaporator, Controls), By Refrigerant Type (Ammonia, Carbon Dioxide, Hydrofluorocarbon), By EndUser Industry (Food and Beverage, Refrigerated Warehouse, Chemical, Petrochemical, Pharmaceutical, Refrigerated Transportation, Other EndUser Industries) – Market Size, Trends, And Global Forecast 2023-2032 ...(expand)

The industrial refrigeration equipment refers to the cold storage equipment that is designed to contain and use refrigerant gas to establish or maintain colder than ambient temperatures in a confined space, used in commercial settings. For further insights on the industrial refrigeration equipment market, request a sample here

The industrial refrigeration equipment market growth is aided by growth of the food and beverage processing industry especially in developing countries. However, some industrial refrigeration equipment market restraints include strict regulations imposed on the use of global warming potential (GWP) refrigerants. For further insights on the industrial refrigeration equipment market, request a sample here

The industrial refrigeration equipment market is expected to reach $42.5 billion in 2027 at a rate of 3.5%. For further insights on the industrial refrigeration equipment market, request a sample here

The global industrial refrigeration equipment market is segmented as
1) By Equipment Type: Condenser, Compressor, Evaporator, Controls
2) By Refrigerant Type: Ammonia, Carbon Dioxide, Hydrofluorocarbon
3) By End-User Industry: Food and Beverage, Refrigerated Warehouse, Chemical, Petrochemical, Pharmaceutical, Refrigerated Transportation, Other End-User Industries
For further insights on the industrial refrigeration equipment market, request a sample here

Asia-Pacific was the largest region in the industrial refrigeration equipment market in 2022. For detailed insights on the largest region's market size and growth rate, request a sample here.

Key competitors in the industrial refrigeration equipment market are, Johnson Controls Inc., Emerson Electric Co., United Technologies Corporation, Ingersoll-Rand plc, Lennox International Inc., Danfoss A/S, GEA Group AG, EVAPCO Inc., BITZER Kühlmaschinenbau GmbH, Mayekawa Mfg. Co. Ltd., Daikin Industries Ltd., Industrial Frigo SRL, Parker Hannifin Corp, Baltimore Aircoil Company, Güntner GmbH & Co. KG, Star Refrigeration Ltd., Hussmann Corporation, Clauger, Rivacold, Dorin, KOBELCO. For further insights on the industrial refrigeration equipment market, request a sample here.

Major trends influencing the industrial refrigeration equipment market include increasing adoption of environment-friendly refrigerants. A major contribution towards environmental concerns such as ozone layer depletion and global warming are contributed by refrigerants as they absorb infrared radiation and retain it in the atmosphere. The environment-friendly refrigerants do not deplete the ozone layer in the atmosphere, do not contribute to global warming, and have a low Global Warming Potential (GWP). Halogen-based refrigerants face stringent regulations by governments of several countries and this is strengthening the use of environment-friendly refrigerants. For further insights on the industrial refrigeration equipment market, request a sample here.

For detailed insights on the major opportunities and strategies in the industrial refrigeration equipment market, request a sample here.

For detailed insights on industrial refrigeration equipment market's relation to the overall economy and other similar markets, request a sample here.

For detailed insights on the mergers and acquisitions in the industrial refrigeration equipment industry, request a sample here.

For detailed insights on the key dynamics influencing the industrial refrigeration equipment market growth and SWOT analysis of the industrial refrigeration equipment industry, request a sample here.