Industrial Refrigeration System Market – Opportunities and Forecast, 2020-2027
The GMI Research’s market research report is a professional
and in-depth study on the current state of the market, which covers numerous
aspects of the industry, such as the market size, market status, market trends,
and forecast. The market report also offers brief information related to the
competitors and the specific growth opportunities with key market drivers.
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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