Press release
Global Industrial Refrigeration System Market is estimated to reach US$ 33.66 Bn by 2025 from US$ 20.02 Bn in 2017
The Insight Paerners
The rapid and continued growth in the industrial refrigeration systems has serious economic and environmental consequences. With the increase of refrigeration units in use comes the corresponding increase in energy consumption and environmental impact. The global industrial refrigeration system market is experiencing steady growth with regards to the technological advancements, formulation of standards, and the investments being made by the various companies to gain market leadership positions. The market for Industrial Refrigeration System consists of a large number of players across the globe leading to a fragmented market. Also, there a large number of smaller players present in the market and lower entry barriers into this market have resulted in the influx of small companies venturing into this arena. There are various factors that are contributing to the growing demands for innovative and technologically advanced industrial refrigeration system in different regions of the world.
Get Sample PDF Copy @ https://bit.ly/2RmB8F7
The food processing sub-segment accounted for approximately three fourth of the market in terms of market value and is expected to remain dominant over the forecast period. This includes cooling equipment needed for fruits & vegetables, beverages, dairy, ice- cream, meat (slaughterhouses), poultry & fish processing products. Moreover, this segment is projected to expand with a CAGR of 5.9% over 2018 – 2025 and is anticipated to generate maximum revenue opportunity in the North American Industrial Refrigeration System Market over the forecast period.
The future of market for industrial refrigeration system is promising, as the research centers are continually innovating new technologies and researching on replacing traditional refrigerants in order to enhance the technicalities of the machinery and to reduce environmental hazards. As a result, technologically enriched sensors systems are being developed and integrated, which is expected to attract the significant number of industries in the coming years.
Purchase This Report @ https://bit.ly/2rjpb8k
Key findings of the study:
Geographically, the market is currently dominated by North America. In 2017, North America and Europe together held more than half of the overall Industrial Refrigeration System market.
The increasing availability of the refrigerants and also regulatory hurdles governing the usage of fluids in the refrigerant systems are found to be the major drivers in the North American industrial refrigerant systems market.
Company Profiles
• Carnot Refrigeration
• Emerson Electric Co.
• United Technologies Corporation
• Innovative Refrigeration Systems, Inc.
• Johnson Controls, International Plc.
• Ingersoll-Rand PLC
• Evapco, Inc.
• GEA Group AG
• Hussmann Corporation
• Dover Corporation
Contact Us:
Email Id: sales@theinsightpartners.com
Phone : +1-646-491-9876
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Industrial Refrigeration System Market is estimated to reach US$ 33.66 Bn by 2025 from US$ 20.02 Bn in 2017 here
News-ID: 1876694 • Views: …
More Releases from The Insight Paerners
3D Bio printing Market Analysis, Segments, Size, Share, Growth and Recent Trends …
The 3D Bio printing Market report outlines the evolution of 3D Bio printing Market by type, applications and identifies and assesses the best performing vendors in the market till 2031. 3D Bio printing Market reports present the revenue opportunities in the 3D Bio printing Industry through 2024-2031, highlighting the market size and growth by technology, geography, vertical and End users.
Download Sample PDF at https://www.theinsightpartners.com/sample/TIPTE100000771/?utm_source=OpenPR&utm_medium=10351
Key Players Analysis:
• …
Cinematography Cameras Market Expected to Reach Tremendous Growth, Industry Insi …
Cinematography Cameras Market study by "The Insight Partners" provides details about the market dynamics affecting the Cinematography Cameras Market, Market scope, Market segmentation and overlays shadow upon the leading market players highlighting the favorable competitive landscape and trends prevailing over the years. The report segments the global Cinematography Cameras Market based on application, type, service, technology, and region. Each chapter under this segmentation allows readers to grasp the nitty-gritty of…
Spectroscopy IR Detector Market Expected to Reach Tremendous Growth, Industry In …
Spectroscopy IR Detector Market study by "The Insight Partners" provides details about the market dynamics affecting the Spectroscopy IR Detector Market, Market scope, Market segmentation and overlays shadow upon the leading market players highlighting the favorable competitive landscape and trends prevailing over the years. The report segments the global Spectroscopy IR Detector Market based on application, type, service, technology, and region. Each chapter under this segmentation allows readers to grasp…
Boat Searchlight Market Analysis, Size, Share, Growth Drivers, and Trends 2030
The Global Boat Searchlight Market 2030 that centers around Boat Searchlight Market examines the significant components with a top to bottom methodology and empowers the client to survey the drawn-out based interest additionally predicts explicit executions. This report gives subjective investigation, clarifying item scope and expounding Market experiences and standpoint.
To Get Sample Copy of Report, Click Here - https://www.theinsightpartners.com/sample/TIPRE00021983/?utm_source=OpenPR&utm_medium=10607
(Our SAMPLE COPY of the report offers a quick advent to…
More Releases for Refrigeration
Transport Refrigeration Services Market Market to Reach $44.32 Billion by 2032 S …
Transport Refrigeration Services Market Market to Reach $44.32 Billion by 2032 and it was valued USD 12.74 billion in 2021.
Amid the COVID-19 crisis, the global market for Road Transport Refrigeration Equipment estimated at US$3.9 Billion in the year 2022, is projected to reach a revised size of US$4.6 Billion by 2026, growing at a CAGR of 4.5% over the analysis period. Trailers, one of the segments analyzed in…
Transport Refrigeration Services Market Size And Forecast | Transport Refrigerat …
New Jersey, United States - The research study offers an in-depth assessment of the Transport Refrigeration Services Market and helps market players to gain a foothold in the industry. It highlights critical market dynamics such as drivers, restraints, trends, and opportunities to help businesses prepare for the challenges ahead. It provides a regional analysis of the Transport Refrigeration Services market to uncover major opportunities available in different parts of the…
Refrigeration compressor purchase
Refrigeration compressor purchase Compressor selection is the first step in the establishment of a refrigeration system. Choosing a suitable refrigeration compressor can neither have excess power nor insufficient cooling capacity, which can lead to an increase in power consumption. It must be more suitable for the local environment. In this article, the editor will share with you the selection principles of refrigeration compressors.
First: Select the compressor according to the…
Global Magnetic Refrigeration Market, by Application – Industrial Refrigeratio …
Global magnetic refrigeration market has been witnessing growth, owing to several advantages, such as higher efficiency, lower cost, broad temperature range, environmental sustainability, and higher product lifecycle over conventional refrigeration. Increasing environmental concerns over the impact of conventional refrigerants are fueling the demand for alternate refrigeration technologies.
Request free sample report: https://quincemarketinsights.com/request-sample-22717
Magnetic refrigeration technology is utilized for cooling purpose using the magnetocaloric effect, also called adiabatic demagnetization. The innovation is regularly…
U.S. Commercial Refrigeration Systems Market: Transportation Refrigeration to Ex …
Future Market Insights (FMI) delivers key insights on the commercial refrigeration systems market in its latest report titled, “Commercial Refrigeration System Market: U.S. Industry Analysis and Opportunity Assessment, 2015-2025”. According to the report, the U.S. commercial refrigeration systems market is projected to expand at a healthy CAGR of 3.2% in terms of value over the forecast period. Commercial refrigeration systems are refrigerators with remote or self-contained condensing units. These refrigerators…
The global commercial refrigeration system market segmentation by product types …
Refrigeration is the process of removing excessheat from space and transferring the same to the environment. It is well known that spoilage of food, beverages and many other substances is reduced at a lower temperature. Thus in order to preserve many types of perishable products from spoilage and keep them fresh for a longer duration, commercial refrigeration system is used where the temperature is maintained at a level much below…
