openPR Logo
Press release

Big Boom in Industrial Refrigeration System Market Size Future Scope Demands and Projected Industry Growths to 2027 | Carnot Refrigeration,Emerson Electric Co.,United Technologies, Evapco, Inc.

08-17-2020 10:33 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: The Insight Partners

Industrial Refrigeration System Market

Industrial Refrigeration System Market

The global industrial refrigeration system market is expected to grow to US$ 33.66 Bn by 2025 from US$ 20.02 Bn in 2017, growing at a CAGR of 6.8% from 2018 to 2025.

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.

Get a Sample PDF of Industrial Refrigeration System Report: https://bit.ly/2PZQXiY

Some of the companies competing in the Industrial Refrigeration System Market are:

1. Carnot Refrigeration
2. Emerson Electric Co.
3. United Technologies Corporation
4. Innovative Refrigeration Systems, Inc.
5. Johnson Controls, International Plc.
6. Ingersoll-Rand PLC
7. Evapco, Inc.
8. GEA Group AG
9. Hussmann Corporation
10. Dover Corporation

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.

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.

Global Industrial Refrigeration System Market Segmentation

By Refrigerant Type

• CO2
• HFC
• Ammonia (NH3)

By Equipment

• Compressor
• Condenser
• Evaporator

By Application

• Food Processing
• Chemicals & Pharmaceuticals
• Oil & Gas
• Refrigerated Logistics

Asia Pacific is the fastest growing region in the industrial refrigeration system market and it is expected to grow at a CAGR of 8.0% during the forecast period. The growing economies of the region are leading to the growth in wide variety of sectors, such as manufacturing, technology, and various others. Furthermore, the rise in consumer demand for packaged food and perishable foods, growth of international trade due to trade liberalization, and development of food retail chains lead to the increasing demand of refrigerated logistics. Thus, the government support for infrastructural development fuels the demand in the industrial refrigeration market.

Purchase a Copy of this Report @ https://bit.ly/31Y8MVh

Contact Us:

Call: +1-646-491-9876
Email: sales@theinsightpartners.com
Website: https://www.theinsightpartners.com/

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 are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

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 Big Boom in Industrial Refrigeration System Market Size Future Scope Demands and Projected Industry Growths to 2027 | Carnot Refrigeration,Emerson Electric Co.,United Technologies, Evapco, Inc. here

News-ID: 2114054 • Views:

More Releases from The Insight Partners

Global Sugar-free Cookies Market Poised for Significant Growth, Propelled by Low-Carb
Global Sugar-free Cookies Market Poised for Significant Growth, Propelled by Low …
New York, US - September 26, 2025- The global market for sugar-free cookies is poised for significant growth, according to a new report from The Insight Partners, titled "Sugar-free Cookies Market - Global Analysis and Forecast." The report projects that the market is being driven by the rising demand for healthier snack options, the increasing number of consumers adopting low-carb, and the broader availability of these products through various retail
Mushroom Cultivation Market Research Covers, Future Trends and Opportunities, Past, Present Data, and Deep Analysis Forecast to 2031
Mushroom Cultivation Market Research Covers, Future Trends and Opportunities, Pa …
According to The Insight Partners Mushroom Cultivation Market report 2031, discusses various factors driving or restraining the market, which will help the future market to grow with promising CAGR. The Mushroom Cultivation Market Research Reports offers an extensive collection of reports on different markets covering crucial details. The report studies the competitive environment of the Mushroom Cultivation Market is based on company profiles and their efforts on increasing product value
Cristobalite Market Forecast (2025-2031): Growing at 4.0% CAGR on Global Demand
Cristobalite Market Forecast (2025-2031): Growing at 4.0% CAGR on Global Demand
According to The Insight Partners - Cristobalite market is evolving dynamically, fueled by rising demand across high-performance industries. Once niche, this polymorph of silica is now gaining traction as a vital filler, functional additive, and structural component - its benefits in thermal stability, optical clarity, and chemical inertness making it indispensable in advanced sectors. From engineered stone and decorative surfaces to refractories, specialty glass, paints, and ceramics, the versatility of cristobalite
Respiratory Medical Device Professional Market: Demand, Size, Shares, Growth, Trend, Segmentation, Top Key Players, and Forecast to 2031
Respiratory Medical Device Professional Market: Demand, Size, Shares, Growth, Tr …
Respiratory Medical Device Professional Market study by "The Insight Partners" provides details about the market dynamics affecting the market, Market scope, Market segmentation and overlays shadow upon the leading market players highlighting the favorable competitive landscape and trends prevailing over the years. Furthermore, the Respiratory Medical Device Professional Market full research study is designed on account of the fact that each segment is individually assessed and then collated to form the

All 5 Releases


More Releases for Refrigeration

How Commercial Refrigeration Saves Money - Technological Innovations in Commerci …
Commercial refrigeration plays a crucial role in various industries, especially in food service. It involves equipment like the Remote Glass-Door Multideck Display Fridge [https://www.dusung-refrigeration.com/glass-door-multideck-display-fridge-remote-commercial-refrigerator-product/] and the island freezer with big glass window, designed to store perishable goods efficiently. You benefit from these systems as they offer high capacity open vertical refrigerated shelves, ensuring optimal storage. The most efficient island freezer reduces energy consumption, saving you money. By adopting advanced refrigeration
Innovations in Refrigeration Technology Propel the Commercial Refrigeration Equi …
The "Commercial Refrigeration Equipment Market" is a dynamic and rapidly evolving sector, with significant advancements and growth anticipated by 2031. Comprehensive market research reveals a detailed analysis of market size, share, and trends, providing valuable insights into its expansion. This report delves into segmentation and definition, offering a clear understanding of market components and drivers. Employing SWOT and PESTEL analyses, the study evaluates the market's strengths, weaknesses, opportunities, and threats,
Commercial Refrigeration Market Is Driving A Billion Dollar Industry, Worth US$ …
Astute Analytica's latest research report provides an extensive overview of the Global Commercial Refrigeration Market, conducting a comprehensive examination of various critical factors, including geographic expansion, market segmentation, competitive dynamics, and other key considerations. As of 2022, the Global Commercial Refrigeration Market held a valuation of US$ 31.7 billion, with a projected growth to exceed US$ 50.3 billion by 2031. This anticipated expansion is expected to occur at a Compound Annual
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