Industrial Refrigeration System Market Opportunities and Challenges
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=245749288
Compressors to hold largest share of industrial refrigeration system market during forecast period
Compressors are expected to account for the majority of the industrial refrigeration system market share during 2019–2025. In industrial refrigeration systems, compressors play a vital role by increasing refrigerant vapor pressure in a condenser to ensure suitable temperature for food storage and preservation applications. The rising number of refrigerated warehouses propels the industrial refrigeration compressor market growth.
CO2 refrigerant-based systems to witness highest CAGR in industrial refrigeration system market during forecast period
The market for CO2 refrigerant-based systems is expected to grow at the highest CAGR during 2019–2025. CO2 refrigerant has excellent thermodynamic properties and high energy efficiency, making it suitable for industrial refrigeration applications. Also, the initial and life cycle costs of CO2 -based refrigeration systems are lower than that of synthetic refrigerant-based systems. Moreover, the rising popularity of CO2 cascade refrigeration systems in various end-user industries would provide lucrative opportunities to the market for CO2 refrigerant-based systems.
North America to hold largest share of industrial refrigeration system market during forecast period
North America is expected to hold the largest share of the industrial refrigeration system market in 2019, and a similar trend is likely to be observed during the forecast period. Ongoing growth in online grocery shopping across North America, coupled with continuously expanding application areas of natural refrigerant-based refrigeration systems, is expected to drive the industrial refrigeration system market in North America. Also, stringent regulations for the processing and supply of perishable food products, coupled with the rising number of refrigerated warehouses with advanced technologies in the region, are expected to facilitate the expansion in imports and exports of perishable products. This, in turn, is expected to propel the demand for industrial refrigeration systems in North America.
Inquiry Before Buying @ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=245749288
Major players in the industrial refrigeration system market include Johnson Controls (Ireland), Emerson (US), Danfoss (Denmark), GEA (Germany), Mayekawa (Japan), Ingersoll-Rand (Ireland), Daikin (Japan), BITZER (Germany), United Technologies (US), and Evapco (US).
Mr. Aashish Mehra
630 Dundee Road
Northbrook, IL 60062
USA : 1-888-600-6441
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
This release was published on openPR.
Permanent link to this press release:
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 Industrial Refrigeration System Market Opportunities and Challenges here
News-ID: 2086448 • Views: 305
More Releases from MarketsandMarkets
Baking Ingredients Market worth $22.3 billion by 2026
The report "Baking Ingredients Market by Type (Emulsifiers, Leavening Agents, Enzymes, Baking Powders & Mixes, Oil, Fats & Shortenings, Starch, Colors & Flavors, Preservatives, Fibers), Application (Bread and Sweet Bakery), and Region - Forecast to 2026" The global baking ingredients market is projected to grow from USD 16.6 billion in 2021 to USD 22.3 billion by 2026, at a CAGR of 6.0% from 2021 to 2026. Increase in
Industrial Counterweights Market Size to Reach $8.5 billion by 2026 | FMGC, Fari …
According to the new market research report "Industrial Counterweights Market by Type (Swing Counterweight, Fixed Counterweight), Material (Steel & Iron, Concrete), Application (Elevators, Cranes, Forklift, Excavators, Lifts, Grinding Wheels), End User, and Region-Global forecast to 2026", size will grow to USD 8.5 billion by 2026 (forecast year) from USD 6.7 billion in 2021 (estimated year), at a CAGR of 4.5% during the forecast period. View detailed Table of Content here
Slip Additives Market | Key players operating in the market include Fine Organic …
According to recent market research "Slip Additives Market by Type (Fatty Amides (Erucamide, Oleamide, Stearamide), Waxes & Polysiloxanes), Carrier Resin (LDPE, LLDPE, HDPE, PP), Application (Packaging, and Non-Packaging), and Region - Global Forecast to 2024", The slip additives market is projected to reach USD 284 million by 2024, at a CAGR of 5.0%, from USD 223 million in 2019. Browse 104 market data Tables and 39 Figures spread through 139 Pages
Automotive Solenoid Market Insights| Key Players: Robert Bosch GmbH (Germany, Hi …
According to the new market research report "Automotive Solenoid Market by Application (Body Control & Interiors, Engine Control & Cooling System, Safety, HVAC), Vehicle Type (PC, LCV, Truck, Bus), EV Type (BEV, PHEV, FCEV), Valve Design, Function, Operation, and Region - Global Forecast to 2026", Published by MarketsandMarkets™, The global Automotive Solenoid Market is estimated to be USD 4.3 billion in 2021 and is projected to grow at a CAGR
More Releases for CO2
WEROCK presents CO2-neutral industrial notebook
WEROCK Technologies GmbH, innovative manufacturer of industrial IT and communication solutions, releases the X550, the first rugged notebook from the Rockbook series. The extremely robust notebook is specially designed for use under the toughest conditions, features "fully rugged" protection characteristics and a slim and lightweight design. The company, which was only founded in summer 2020, has set itself the goal of making a positive impact on the environment. The Rockbook X550
Minimising CO2 Sensor Power Consumption
All GSS sensors use a technique called non‐ dispersive infra‐red (NDIR) sensing where light is injected into the optical measurement chamber, which contains the gas of interest. The light that passes through the optical cavity is detected by the photo diode. The signal from the photo‐diode is digitised by the microcontroller and compared with a reference level stored in memory. The microcontroller can then calculate the level of CO2
Bacteria as CO2 recycling powerhouse
E. coli can live and feed on formate & methanol: Scientists from the Max Planck Institute (Germany) have reached a significant breakthrough presented in their recent Nature Chemical Biology publication. Their research for EU project eForFuel has redesigned the model biotechnological bacteria Escherichia coli (E. coli) to live and feed on methanol and formate: a possibility that serves as a stepping stone towards future endeavors aiming at recycling CO2 into various
Global Transcritical CO2 Market |
Data Bridge market Research has released a new report on Global Transcritical CO2 Market which incorporates a thorough assessment of overall Global Transcritical CO2 Market The report provides a detailed competitive analysis which includes the profiles of key market players and organizations and their working strategies. The report consists of essential data and information about the concerned Global Refinished Paint Market. For better understanding complex Global Transcritical CO2 Market data
New CO2 Sensor for Railway Applications
The EE8915 from E+E Elektronik meets all relevant railway standards for reliable CO2 measurement in railway vehicles, e.g. in the passenger compartment or driver's cab. On-board sensors ensure high CO2 measurement accuracy independently of temperature, altitude or weather conditions. Due to excellent measurement performance in harsh environment, the sensor is also suitable for demanding process and climate control. Long-Term Stable CO2 Measurement The E+E NDIR dual wavelength infrared measuring principle is particularly
Global Beer CO2 Regulator Market | 2018 Key Vendors: Taprite, Titan Controls, Pr …
Qyresearchreports include new market research report “Global Beer CO2 Regulator Market Research Report 2018” to its huge collection of research reports. This report on the global Beer CO2 Regulator market is based upon thorough study conducted by some of the professional and expert analysts of the industry. This report emphasizes on several factors including government regulations that are influencing growth of the market positively or negatively. The report explains challenges, opportunities,