Industrial Refrigeration Systems Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Report Code: ZMR-1460 | Report Format : | Status : Upcoming |

Abstract

Global Industrial Refrigeration Systems Market: Overview

Refrigeration is the process of removing excess heat from the space and transfer it into the environment. The refrigeration system is used in the refrigerated warehouses to lower the temperature and prevent food products from getting spoiled. Industrial refrigeration system keeps the food products protected and fresh for longer period of time. Industrial refrigeration systems are traditionally used for harmful and synthetic chemical cooling agents such as R22. The ammonia-based industrial refrigeration system is used in numerous applications such as beverage industries, refrigerated warehouses, and fruits and vegetable processing.

Global Industrial Refrigeration Systems Market: Growth Factors

Refrigerated warehouses are commonly used in industrial refrigeration systems this is expected to hold the dominance in the near future. The growth of the market is mainly due to the presence of environmental friendly substitutes and the imposition of the stringent environmental laws. Developing economies are focusing on strengthening the cold-chain infrastructure thus fueling the industrial refrigeration systems market growth. CO2-based industrial refrigeration systems offer some advantages such as non-flammability, excellent thermodynamic properties, zero-toxicity, and high energy-efficiency which is projected to propel the global market growth. However, huge capital investment associated with other operating expenses is restraining the global market growth.

Global Industrial Refrigeration Systems Market: Segmentation

The industrial refrigeration systems market is segregated based on its application, refrigerant type, and equipment. The application is divided into dairy & ice-cream processing, fruits & vegetable processing, refrigerated transportation, refrigerated warehouses, beverages, poultry, meat, fish processing, and chemicals & pharmaceuticals. Based on the refrigerant type the global market is classified as HFCs, ammonia, CO2, and other refrigerants. The equipment segment is fragmented into controls, compressors, evaporators, condensers, and others.

Global Industrial Refrigeration Systems Market: Regional Analysis

North America dominates the industrial refrigeration systems market. Refrigerated warehouses application contributes to the highest demand for industrial refrigeration systems in this region. Asia Pacific accounted for the considerable growth in the developing countries such as China and India owing to increasing demand from refrigerated warehouse applications in order to strengthen the cold-chain infrastructure and refrigerated transportation. CO2 is preferred as the secondary refrigerant in the cascade systems thus many food and beverage industrial players in the Europe and North America have shifted towards usage of CO2. The US is the leading region in the industrial refrigeration systems market owing to higher demand for food and beverage processing applications and refrigerated warehouses. In countries such as Mexico, the US, and Canada the installation of the NH3/CO2 cascade refrigeration systems has increased and rapid commercialization of transport refrigeration that is CO2 based is anticipated to propel the industrial refrigeration systems market growth.

Global Industrial Refrigeration Systems Market: Competitive Players

Major prominent players in the global industrial refrigeration systems market include United Technologies Corporation, Ingersoll-Rand PLC., Daikin Industries, Ltd., Baltimore Aircoil Company, Inc., and Lennox International Inc. Other influencing players in the global market include The Danfoss Group, Johnson Controls, Inc., Bitzer Kuhlmaschinenbau GmbH., Mayekawa Mfg. Co. Ltd., Evapco, Inc., LU-VE S.P.A., Emerson Electric Co., and GEA Group AG.

Global Industrial Refrigeration Systems Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Report Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Motorized Decoiler Machine Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2473 | Report Format:

Motorized Decoiler Machine Market: Overview The motorized decoiler machines help in several processes, that is, they can be used for several applications such as forming, stamping, cutting, punching, and others. These machines are widely used in the end-user industries such as textile and metal ...Read More

Tower Crane Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2470 | Report Format:

Tower Crane Market: Overview In the infrastructural projects, the tower cranes are used for the task of heavy lifting and in other constructional purposes. The developed version of the tower cranes offers the facility of movement from all the directions. Atower crane can do several movements whi...Read More

Bridge Bearings Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2462 | Report Format:

Bridge Bearings Market: Overview The bridges have to withstand the movements, seismic activities, traffic, temperature changes, shrinkage, and others, thus the construction of the bridges and its design should be done with precision. The construction of the bridges requires expansion joints, bri...Read More

Hot Chamber Die Casting Machine Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2449 | Report Format:

Hot Chamber Die Casting Machine Market: Overview In order to produce the precisely engineered die cast products with the help of the injection of the molten metal into dies hot chamber die casting machine is used. The molds help in producing complex shapes with an increased degree of consistency...Read More

Rewritable PVC Cards Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2426 | Report Format:

Rewritable PVC Cards Market: Overview The rewritable PVC cards are commonly used for the making of the credit/debit cards, access cards, identification, membership cards, and much more. Producing the cards with the use of the PVC enables durability and longevity. The rewritable PVC cards are ide...Read More

Choose License Type:
Latest Published Reports

View All Published Reports