Industrial Refrigeration Equipment Market Scope And Analysis

  • Report Code : TIPRE00030033
  • Category : Electronics and Semiconductor
  • Status : Published
  • No. of Pages : 208
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Industrial Refrigeration Equipment Market Scope and Analysis Report by 2030

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Industrial Refrigeration Market Report Industrial Refrigeration Market Size and Share Industrial Refrigeration Market Scope and Analysis

Industrial Refrigeration Market Report Scope

Report Attribute Details
Market size in 2022 US$ 19.1 Billion
Market Size by 2030 US$ 36.8 Billion
Global CAGR (2022 - 2030) 8.5%
Historical Data 2020-2021
Forecast period 2023-2030
Segments Covered By Type
  • Mechanical-Compression Refrigeration Systems
  • Evaporative Cooling
  • Absorption
  • Thermoelectric
By Refrigerant Type
  • Ammonia - R717
  • Carbon Dioxide - R744
  • Hydrocarbons - HCs
By Application
  • Food and Beverages
  • Pharmaceutical
  • Chemical and Petrochemical
  • District Cooling
  • Data Centres
  • Electricity Production
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Samifi France SAS
  • Johnson Controls International Plc
  • Jean Paumier et Fils Ets
  • Danfoss AS
  • Carrier
  • Honeywell International Inc
  • Copeland LP
  • Evapco Inc
  • Mayekawa Australia Pty Ltd
  • BITZER Kuhlmaschinenbau GmbH
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    Industrial Refrigeration Market News and Recent Developments

    The industrial refrigeration market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the industrial refrigeration market are listed below:

    • Honeywell International Inc. announced that Sinopharm Shanghai Biomedical Co., Ltd. subsidiary of China National Pharmaceutical Group Co., Ltd. (Sinopharm)-has adopted Honeywell Solstice N40 (R-448A) refrigerant. The energy-efficient, low global-warming-potential (GWP) solution will be used for cold storage of Sinopharm vaccines used in Shanghai, including the company's COVID-19 vaccine. (Source: Honeywell International Inc, Company Website, April 2022)
    • Evapco Inc. acquired Systèmes LMP, Canada, a CO2 refrigeration systems manufacturer. Evapco expects the strategic alliance to support its efforts to meet growing market demand for environmentally sustainable refrigeration systems using natural refrigerants. The acquisition strengthens its chiefly ammonia-based industrial technology offerings through expansion into LMP's carbon dioxide expertise and product offerings. (Source: Evapco Inc., Company Website, February 2022)

    Industrial Refrigeration Market Report Coverage and Deliverables

    The “Industrial Refrigeration Market Size and Forecast (2020–2030)” report provides a detailed analysis of the market covering below areas:

    • Industrial refrigeration market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
    • Industrial refrigeration market trends as well as market dynamics such as drivers, restraints, and key opportunities
    • Detailed PEST/Porter’s Five Forces and SWOT analysis
    • Industrial refrigeration market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
    • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the industrial refrigeration market
    • Detailed company profiles