Press release
Industrial Refrigeration Equipment Market is slated to reach a value of nearly US$ 36,900 Mn by 2026
There is a growing use of industrial refrigeration equipment in different end-use industries such as food and beverage processing, applications related to cold storage and processing of chemicals. Due to the growing applications of industrial refrigeration equipment in such end-use industries, this market is growing at a brisk pace. The global industrial refrigeration equipment market is also positively influenced by the growing use of natural refrigerants, a growing food processing industry and efforts tuned towards attaining energy efficiency, mostly in developed countries.Another important use of industrial refrigeration equipment is in the pharmaceutical industry, where such equipment is used for the storage of various samples that are utilized in the R&D process for the development of new drugs. However, the rising cost of fuel is an important factor that is restraining the growth of this market. The manufacturers of industrial refrigeration equipment are focusing their efforts on manufacturing environment friendly products that have a greater efficiency of chilling.
Request Sample report @ https://www.persistencemarketresearch.com/samples/17908
A new report presented by Persistence Market Research titled ‘Industrial Refrigeration Equipment Market: Global Industry Analysis 2012-2016 and Forecast 2017-2026’ studies the performance of the global industrial refrigeration equipment market over a nine year assessment period starting from the year 2017 and ending in the year 2026. The report presents the forecast by value of the global industrial refrigeration equipment market and provides important information regarding the market dynamics such as drivers, restraints, opportunities and trends.
As per the projections of Persistence Market Research, the global industrial refrigeration equipment market was estimated to be valued at nearly US$ 22,650 Mn at the end of the year 2017 and is slated to reach a valuation of nearly US$ 36,900 Mn at the end of the assessment period in 2026, and in the process exhibit a CAGR of 5.6% during 2017-2026.
Condenser Segment by Equipment Type Largest in Terms of Revenue Share
The condenser segment in the equipment category of the global industrial refrigeration equipment market is the largest in terms of value and is likely to exhibit a CAGR of 5.1% during the period of assessment. The condenser segment is projected to reach a value of nearly US$ 12,600 Mn at the end of the period of assessment.
Food Processing Segment by Application to Lead in Terms of Revenue
The food processing segment in the application category of the global industrial refrigeration equipment market is forecasted to exhibit a CAGR of 4.8% during the period of assessment. The food processing segment was estimated to be valued at nearly US$ 6,350 Mn in the year 2017.
Beverage Production Segment by Application Slated to Exhibit the Fastest Growth Rate
The beverage production segment in the application category of the global industrial refrigeration equipment market is poised to exhibit the fastest CAGR of 7.5% during the period of assessment. The beverage production segment is anticipated to reach a market valuation of nearly US$ 6,600 Mn by the end of the year 2026.
Get Full Access of the Report @ https://www.persistencemarketresearch.com/checkout/17908
North America Industrial Refrigeration Equipment Market to Emerge the Largest in Terms of Value
The industrial refrigeration equipment market in North America is the largest in terms of revenue and is likely to exhibit a CAGR of 5.1% during the period of assessment. The North America regional market is likely to reach a valuation of nearly US$ 10,900 Mn by the end of the period of forecast in 2026.
Global Industrial Refrigeration Equipment Market: Competition Landscape
The competition landscape section of this report profiles some of the leading companies operating in the global industrial refrigeration equipment market. Some of the top companies profiled include:
Prominent players operating in the Industrial Refrigeration Equipment Market players consist of the following:
Johnson Controls Inc.
Emerson Electric Co.
United Technologies Corporation
Parker Hannifin Corp
Danfoss A/S
Ingersoll-Rand plc
Lennox International Inc.
Dover Corporation
GEA Group AG
Daikin Industries, Ltd.
About Industrial Automation Domain of PMR@ https://www.persistencemarketresearch.com/category/industrial-automation.asp
The Industrial Automation team at Persistence Market Research provides expert opinions and incisive inputs about broad array of products used extensively in the manufacturing industry. The team has compiled comprehensive market research reports on gears, valves, bearings, special purpose machinery, and other key segments in this evolving landscape. In addition to offering syndicated market research studies, the team consults clients from all across the globe on their unique, strategic needs. Need help with your next project? Feel free to reach out.
Contact Us
Persistence Market Research
U.S. Sales Office
305 Broadway, 7th Floor
New York City, NY 10007
+1-646-568-7751
United States
USA - Canada Toll-Free: 800-961-0353
E-mail id- sales@persistencemarketresearch.com
Website: www.persistencemarketresearch.com
About Us:
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources.
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 Industrial Refrigeration Equipment Market is slated to reach a value of nearly US$ 36,900 Mn by 2026 here
News-ID: 2167580 • Views: …
More Releases from Persistence Market Research

Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market
The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to…

Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market
The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in…

US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market
The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According…

Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market
The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained…
More Releases for Industrial
Industrial Display Market: Technology Advancements Driving Industrial Visualizat …
In recent years, the global Industrial Display Market has transformed significantly, driven by evolving consumer preferences, rapid technological advancements, and an increasing focus on sustainability. Our comprehensive Industrial Display Market Research Report is your essential guide to navigate this dynamic landscape, offering actionable insights into emerging trends, growth drivers, and key opportunities for your business.
Unlock in-depth analyses of the competitive supplier landscape, demand dynamics, and market projections with…
Industrial Display Market: Technology Advancements Driving Industrial Visualizat …
In recent years, the global Industrial Display Market has transformed significantly, driven by evolving consumer preferences, rapid technological advancements, and an increasing focus on sustainability. Our comprehensive Industrial Display Market Research Report is your essential guide to navigate this dynamic landscape, offering actionable insights into emerging trends, growth drivers, and key opportunities for your business.
Unlock in-depth analyses of the competitive supplier landscape, demand dynamics, and market projections with…
Industrial Auction Services Market Auctioning Industrial Assets By 2030 | Heath …
The Report on "Industrial Auction Services Market" provides Key Benefits, Market Overview, Regional Analysis, Market Segmentation, Future Trends Upto 2030 by Infinitybusinessinsights.com. The report will assist reader with better understanding and decision making.
The industrial auction services market is a diverse and dynamic sector that encompasses a wide range of industries, including manufacturing, construction, automotive, and more. These services are utilized by companies looking to optimize their asset management, streamline operations,…
RDM Industrial Products - Laboratory and Industrial Furniture Supplier
RDM Industrial Products Inc. is one of the most reputed and leading laboratory and industrial furniture solutions supplier and manufacturer. The company was established in 1977 and has been serving their growing clientele proudly for over 40 years. Their quality products cater to industries including healthcare, electronics, biotechnology, laboratory, industrial and more. The company is based out of California and their shipments are done all across the globe. QUALITY-SERVICE-TIMING are…
Industrial Fasteners Market # industrial fasteners and supply # industrial faste …
An insightful study, titled “Global Industrial Fasteners Market” has been freshly broadcasted to the vast research repository of Market Research Reports Search Engine (MRRSE). The research study provides detailed comprehensions and forecasts future growth of the global market with an in-depth study of the factors impacting revenue growth throughout the mentioned forecast period. Further, a deep analysis on the major players from diverse regions is also present in the report.
Get…
Global Industrial PC Market To Reach Us$8,784.2 Mn By 2025: By Type - Panel Indu …
Researchmoz added Most up-to-date research on "Global Industrial PC Market To Reach Us$8,784.2 Mn By 2025: By Type - Panel Industrial PC, Box Industrial PC And Embedded Industrial PC" to its huge collection of research reports.
Industrial PC is a ruggedized system designed to perform computing applications for various industries. Industrial PC is a PC-based computing podium mainly used for data acquisition or process control, and in some cases, it is…