Industrial Refrigeration System Market Share, Trends, and Analysis by 2025
Industrial Refrigeration System Market: Strategic Insights
Industrial Refrigeration System Market
-
CAGR (2017 - 2025)6.8% -
Market Size 2017
US$ 20.02 Billion -
Market Size 2025
US$ 33.66 Billion
Market Dynamics
GROWTH DRIVERS
- Rising demand for temperature-sensitive goods
- Increasing adoption of energy-efficient systems
FUTURE TRENDS
- Energy-efficient refrigeration in industry
- Growth in pharmaceutical and food sectors
OPPORTUNITIES
- Demand for eco-friendly refrigeration systems
- Growth in cold storage and logistics sectors
Key Players
- Carnot Refrigeration
- Emerson Electric Co
- United Technologies Corporation
- Innovative Refrigeration Systems Inc
- Johnson Controls International Plc
- Ingersoll Rand PLC
- Evapco Inc
- GEA Group AG
- Hussmann Corporation
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Refrigerant Type
- CO2
- HFC
- Ammonia
Equipment
- Compressor
- Condenser
- Evaporator
Application
- Food Processing
- Chemicals & Pharmaceuticals and Refrigerated Logistics