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The Industrial Refrigeration System Market drivers and trends are as follows:

Increasing demand for advanced and compact refrigeration systems, growing government support to surge the adoption of cold chain infrastructure in developing economies, and rising adoption of natural refrigerant-based systems due to rigorous regulatory policies are certain factors that are boosting the growth of the global industrial refrigeration system market. Moreover, the rising demand for industrial refrigeration from the food & beverage industry, owing to the growing demand for frozen and processed food in developing countries, further propels the growth of the market. The awareness regarding energy conservation among end-users is forcing the manufacturers to develop an energy-efficient refrigeration system.

Rising consumer trends towards diet has encouraged the food manufacturers to keep track of recent trends and adopt new technologies to capture the maximum highest share. For example, the Ministry of Food Processing Industries of India implemented the value addition, cold chain, and preservation infrastructure scheme. The program provides financial support for setting up the integrated cold chain infrastructure to avoid post-harvest losses. These factors are fuelling market growth in the upcoming years. Furthermore, the increasing popularity of CO2-based and ammonia-based refrigeration systems is further bolstering the growth of the market. On the other hand, the high installation cost will restrain the growth of the market.

Key Benefits of the Report:

This report offers an analytical depiction of the industrial refrigeration system market while providing the current trends and future estimations to determine the imminent investment pockets.
This study illustrates every relevant information, including the market drivers, restraints, and emerging opportunities, followed by a detailed analysis of the industrial refrigeration system market share.
The report also provides a detailed industrial refrigeration system market analysis based on competitive intensity and how the competition will take shape over the next six years.
Various companies covered in the Industrial Refrigeration System Marketreport:

Johnson Controls International plc
Emerson Electric Co.
Danfoss
GEA Group AG
Mayekawa Mfg. Co., Ltd.
Baltimore Aircoil Company, Inc.
Bitzer SE
Daikin Industries, Ltd.
Evapco, Inc.
Güntner GmbH & Co. KG
Ingersoll-Rand Inc.
LU-VE s.p.a.
United Technologies Corporation
Segmentation of the Industrial Refrigeration System Market:

Breakup by Component:

Compressors
o Reciprocating Compressors

Semi-Hermetic Type
Hermetic Type
Open Type
o Screw Compressors

Single-Screw Compressors
Twin-Screw Compressors
Condensers
o Air-Cooled Condensers

o Water-Cooled Condensers

o Evaporative Condensers

Evaporators
o Cooling Type

Air-Cooled Evaporators
o Design Type

Bare Tube Evaporators
Plate Type Evaporators
Finned Evaporators
Shell and Tube Type Evaporators
Controls
o Compressor Controls

o Condenser Controls

o Evaporator Controls

Vessels, Pumps, Valves, and Auxiliary Equipment
Breakup by Refrigerant Type:

Ammonia
o Ammonia Refrigeration System

o Low-Charge Ammonia Refrigeration System

CO2
o CO2 Refrigeration System

o CO2 Cascade Refrigeration System

Others
o HFC

o HCFC

o HC

o HFO

Breakup by Application:

Refrigerated Warehouse
Fruit & Vegetable Processing
Beverage
Meat, Poultry, & Fish Processing
Dairy & Ice Cream Processing
Chemical, Petrochemical, & Pharmaceutical
Refrigerated Transportation
Integration and Deployment
Support and Maintenance
Breakup by Region:

North America
o United States of America

o Canada

Asia Pacific
o China

o Japan

o India

o Rest of APAC

Europe
o United Kingdom

o Germany

o France

o Spain

o Rest of Europe

RoW
o Brazil

o South Africa

o Saudi Arabia

o UAE

o Rest of the world (remaining countries of the LAMEA region)

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