Press release
Industrial Refrigeration Equipment Market 2021: Global Industry Growth Factors, Trends, Demand Status and Forecast to 2030
The global industrial refrigeration equipment market is expected to grow from $37.9 billion in 2020 to $38.84 billion in 2021 at a compound annual growth rate (CAGR) of 2.5%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $50.37 billion in 2025 at a CAGR of 6.7%.The Business Research Company offers "Industrial Refrigeration Equipment Global Market Report 2021" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.
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The industrial refrigeration equipment market consists of sales of industrial refrigeration equipment by entities (organizations, sole traders and partnerships) that produce industrial refrigeration equipment such as chillers, refrigeration compressors, condensers, cooling towers, and others, which are used in food, distillery, dairy and other industries. Only goods and services traded between entities or sold to end consumers are included.
Some of the key players involved in the Industrial Refrigeration Equipment Market are Johnson Controls Inc., Emerson Electric Co., United Technologies Corporation, Ingersoll-Rand plc, Lennox International Inc
The countries covered in the global Industrial Refrigeration Equipment Market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global Industrial Refrigeration Equipment Market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Industrial Refrigeration Equipment Market Segmentation:
1) By Equipment Type: Condenser, Compressor, Evaporator, Controls
2) By End-User Industry: Food and Beverage, Refrigerated Warehouse, Chemical, Petrochemical, Pharmaceutical, Refrigerated Transportation, Others
3) By Refrigerant Type: Ammonia, Carbon Dioxide, Hydrofluorocarbon
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A Few Points From The Table Of Contents
1. Executive Summary
2. Industrial Refrigeration Equipment Market Characteristics
3. Industrial Refrigeration Equipment Market Trends And Strategies
4. Impact Of COVID-19 On Industrial Refrigeration Equipment
5. Industrial Refrigeration Equipment Market Size And Growth
....
26. Africa Industrial Refrigeration Equipment Market
27. Industrial Refrigeration Equipment Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Industrial Refrigeration Equipment Market
29. Industrial Refrigeration Equipment Market Future Outlook and Potential Analysis
30. Appendix
The report covers the trends and market dynamics of the Industrial Refrigeration Equipment Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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