FAQs
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
What is the definition of the industrial refrigeration equipment market?
The industrial refrigeration equipment market consists of sales of industrial refrigeration equipment by entities (organizations, sole traders, and partnerships) that produce industrial refrigeration equipment such as chillers, refrigeration compressors, condensers, cooling towers, and others, which are used in food, distillery, dairy, and other industries. Only goods and services traded between entities or sold to end consumers are included. request a sample here
How will the industrial refrigeration equipment market drivers and restraints affect industrial refrigeration equipment market dynamics? What forces will shape the industrial refrigeration equipment industry going forward?
The industrial refrigeration equipment market growth is aided by the growth of the food and beverage processing industry especially in developing countries. However, some industrial refrigeration equipment market restraints include the strict regulations imposed on the use of global warming potential (GWP) refrigerants due to global concerns. request a sample here
What is the forecast market size of the industrial refrigeration equipment market?
The industrial refrigeration equipment market is expected to reach $45.85 billion in 2026 at a rate of 6.3%. request a sample here
How is the industrial refrigeration equipment segmented?
The global industrial refrigeration equipment market is segmented -
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, Others request a sample here
Which region has largest share, and what is the market size and growth by geography according to the industrial refrigeration equipment global market report?
Asia Pacific was the largest region in the industrial refrigeration equipment market in 2021. North America was the second largest region in the global industrial refrigeration equipment market. request a sample here.
Who are the key players of the industrial refrigeration equipment market?
Top 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, and Mayekawa Mfg. Co. Ltd.request a sample here.
What are the key trends in the industrial refrigeration equipment market?
Major trends influencing the industrial refrigeration equipment market include adoption of environment-friendly refrigerants is increasing within the industrial refrigeration equipment market, which is expected to fuel the growth of the market. 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 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. request a sample here.
What are the major opportunities in the industrial refrigeration equipment market and the approaches companies can take to take advantage of them?
For detail on the future and current opportunities in the global industrial refrigeration equipment market, request a sample here. request a sample here.
How does the industrial refrigeration equipment market relate to the overall economy and other similar markets?
request a sample here.
request a sample here.
request a sample here.
