Press release
APAC Industrial Refrigeration Systems Market Overview, Segment Analysis & Growth Opportunities Including Key Players: Johnson Controls, GEA Group, Industrial Frigo s.r.l., Emerson, Dover Corporation, United Technologies & Ingersoll Rand
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Based on equipment type, the APAC industrial refrigeration systems market is categorized into compressors, condensers, evaporators, controls and others (pumps, valves, vessels and auxiliary equipment).
Based on the refrigerant type, the APAC industrial refrigeration systems market has been categorized into ammonia, carbon dioxide (CO2), hydrofluorocarbons (HFC) and others, wherein others include chlorofluorocarbon (CFC), hydrochlorofluorocarbon (HCFC), fluorocarbon (FC), hydrocarbon (HC), Air and Water (H2O).
There has been a surging demand for CO2/ammonia cascade refrigeration, as this system avoids the weaknesses of each refrigerant and make use of their strengths. One of the advantages of the cascade system is that in a facility with heavy freezer load requirements, CO2 has better efficiency than ammonia.
The industrial refrigeration systems market in India is projected to record the fastest growth in the APAC region. India is the largest producer of milk, second largest producer of fruits and vegetables, and third largest fish producer globally.
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Some of the major players in the APAC industrial refrigeration systems market include Johnson Controls International PLC, GEA Group Aktiengesellschaft, Industrial Frigo SRL, Emerson Electric Co., Bitzer Kühlmaschinenbau GmbH, Danfoss A/S, Daikin Industries Ltd, Mayekawa Mfg. Co. Ltd, Dover Corporation, United Technologies Corporation, and Ingersoll-Rand plc.
APAC Industrial Refrigeration Systems Market Segmentation
By Equipment Type
• Compressors
• Condensers
• Evaporators
• Controls
• Others (pumps, valves, vessels, and auxiliary equipment)
By Refrigerant Type
• Ammonia
• Carbon Dioxide (CO2)
• Hydrofluorocarbon (HFC)
By Application
• Food and Beverage
• Chemical & Pharmaceutical
• Oil and gas
• Others (include manufacturing, construction)
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