The global industrial refrigeration market is expected to grow from $22,571
million in 2014, and reach $33,904 million in 2020, with a CAGR of 7.1%. Evaporator
unit, industrial racks, and compressor together accounted about 64% share of
the global industrial refrigeration market in 2014. The growth of food
processing industries, in addition to the expansion of refrigerated warehouses
in developing countries, such as India, China, and Brazil, is expected to boost
the demand of industrial refrigeration during the forecast period. The growth
in outsourcing of pharmaceutical manufacturing facility by developed countries
has lifted up the demand of pharmaceuticals cold chain supply and logistic in
recent years.
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Report Description with Detailed TOC on “Global Industrial Refrigeration
Equipment” at: https://www.psmarketresearch.com/market-analysis/industrial-refrigeration-equipment-market
Industrial refrigeration
stereotypically plays an important role among various manufacturing facilities
in chemicals, and oil & gas industry. The industrial refrigeration system
is an efficient combination of different electrical and mechanical components
including compressors, heat exchangers, evaporators, racks and others; while the
component used for the system may be in distinct parts, from more than one
manufacturer. The parts such as compressor, heat exchangers, and evaporator
unit are assembled under a custom engineered system by the installation service
providers.
The market in Asia–Pacific, Latin
America and emerging countries of Middle-East have shown promising growth
during the past few years. The European market is heading towards maturity, and
it is expected to witness a below average growth during the forecast period.
The growth of the industrial refrigeration equipment market in the European
countries is mainly anticipated due to replacement of existing industrial
refrigeration parts
The information and data in the
publication “Global Industrial
Refrigeration Market Size, Share, Development, Growth and Demand Forecast to
2020 – Industry Insights by Type (Evaporator Unit, Industrial Racks,
Compressor, Heat Exchangers, Other Industrial Refrigeration Units)” represent
the research and analysis of data from various primary and secondary sources. Both,
Top-down and Bottom-up approach has been used to calculate the global Industrial
Refrigeration market by type and by technology. The market numbers for countries
are obtained through bottom-up approach. P&S Market Research analysts and
consultants interact with leading companies of the concerned domain to
substantiate every value of data presented in this report. The company bases its
primary research on discussions with prominent professionals and analysts in
the industry, which is aided by informed and detailed, online and offline
research.
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Sample Pages: https://www.psmarketresearch.com/market-analysis/industrial-refrigeration-equipment-market/report-sample
The major companies operating in the
global industrial refrigeration market include. Johnson Controls Inc., Dover
Corporation, Hussmann Corporation, Star Refrigeration Ltd., United Technologies
Corporation, Danfoss A/S, BITZER Kühlmaschinenbau GmbH, Emerson Electric Co.,
GEA Group Aktiengesellschaft, and Industrial Frigo S.R.L.
INDUSTRIAL REFRIGERATION MARKET
SEGMENTATION
By Type
·
Evaporator
Unit
·
Industrial
Racks
Ø
Industrial
racks market breakdown by technology
o
Open
Reciprocating
o
Open
Screw
·
Compressor
Ø
Compressor
market breakdown by technology
o
Open
Reciprocating
o
Open
Screw
o
Other
·
Heat
exchangers
Ø
Heat
exchangers market breakdown by technology
o
Brazed
Plate
o
Shell
& Tube/Coaxial
o
Other
·
Other
Industrial Refrigeration Units
GEOGRAPHICAL SEGMENTATION
By Region
·
North
America
o
U.S.
o Canada
·
Europe
o
U.K.
o
Germany
o
France.
o
Italy
o
Spain
o
Russia
o Rest of Europe
·
Asia-Pacific
o
China
o
Japan
o
India
o Rest of Asia-Pacific
·
Rest
of the World (ROW)
o Brazil
o Rest of RoW
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