Press release
Industrial Refrigeration Market to Cross US$ 28.2 Bn at a CAGR of 5.40% by 2028
Industrial Refrigeration Market
The global Industrial Refrigeration market is poised to expand at over 5.40% CAGR, surpassing US$ 18.2 Bn by 2021. The overall demand in Industrial Refrigeration market is anticipated to reach US$ 28.2 Bn by the end of 2028.
The industrial refrigeration market refers to the market for refrigeration systems that are used in industrial settings, such as factories, warehouses, and distribution centers. These systems are used to maintain the temperature of industrial spaces and to preserve perishable goods, such as food and pharmaceutical products. The industrial refrigeration market is expected to grow in the coming years due to increasing demand for refrigeration systems in industrial settings, as well as the adoption of new technologies and regulations.
To remain 'ahead' of your competitors, request for a sample @ https://www.persistencemarketresearch.com/samples/17908
One of the key drivers of the industrial refrigeration market is the growing demand for refrigerated storage and transportation. As the global population continues to increase, and as people around the world demand more perishable goods, there is a growing need for industrial refrigeration systems to preserve these goods and keep them fresh. This is leading to an increase in the demand for industrial refrigeration systems, which is driving the growth of the market.
Another factor that is expected to drive the growth of the industrial refrigeration market is the increasing adoption of new technologies and regulations. As the industrial refrigeration industry continues to evolve, new technologies are being developed that are helping to improve the efficiency and effectiveness of refrigeration systems. These technologies are making it possible to produce more efficient and environmentally friendly systems, which is increasing the demand for industrial refrigeration. In addition, new regulations are being put in place that are designed to reduce the environmental impact of industrial refrigeration, which is also driving the growth of the market.
Key Players-
• 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.
• Others.
Get Full Access of this Report and Get Up to 20% Discount@ https://www.persistencemarketresearch.com/checkout/17908
Industrial Refrigeration Market Segmentation
Industrial Refrigeration Market by Equipment
• Compressor
• Condenser
• Evaporator
• Controls
Industrial Refrigeration Market by Application
• Food Processing
• Beverage Production
• Chemicals & Pharmaceuticals
• Petrochemicals
• Energy
• Logistics
Industrial Refrigeration Market by Region
• North America
• Latin America
• Europe
• Japan
• APEJ
• MEA
For critical insights on this market, request for customization here @ https://www.persistencemarketresearch.com/request-customization/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.
Request you to Read More-
Drain Cleaning Equipment Market- https://www.persistencemarketresearch.com/market-research/drain-cleaning-equipment-market.asp
Beverage Refrigeration Equipment Market - https://www.persistencemarketresearch.com/market-research/beverage-refrigeration-equipment-market.asp
Servo Press Market - https://www.persistencemarketresearch.com/market-research/servo-press-market.asp
Dust Control Market - https://www.persistencemarketresearch.com/market-research/dust-control-market.asp
About us: -
Business intelligence is the foundation of every business model employed by Persistence Market Research. Multi-dimensional sources are being put to work, which include big data, customer experience analytics, and real-time data collection. Thus, working on "micros" by Persistence Market Research helps companies overcome their "macro" business challenges.
Contact Us:
Persistence market research
Address - 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
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 Market to Cross US$ 28.2 Bn at a CAGR of 5.40% by 2028 here
News-ID: 2845167 • 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 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…
