Refrigeration is utilized to remove excess heat from a substance. The modern industrial processes in the various end-use sectors such as food and chemicals are managed by accurate process conditions and temperature is an important parameter in any process. The industrial refrigeration system has a prominent role in maintaining the stability of the overall industrial process and directly influence the quality of the end product. Additionally, refrigeration act as a major role in industry and society. As freezing inhibits microbiological growth, decreasing chemical reactions and delaying physical transformations, it is possible to preserve food, maintaining its quality without wasting, during long storage periods.
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The global Industrial Refrigeration System Market research investigates the market in-depth and offers a comprehensive analysis of the major growth determinants, Industrial Refrigeration System Market share, current trends, key players, and their future predictions. In addition, market demand and supply, each geographical region's growth rate, and market potential are all included in the Industrial Refrigeration System Market study. Raw materials, marketing channels, client surveys, industry trends and proposals, CAGR status, product scope, Industrial Refrigeration System Market trends, major leading countries/regions, market risk, and market driving force are all included in the market research. The market prediction was based on a thorough market investigation completed by several industry experts.
Leading Key Players Covered Industrial Refrigeration System Market: -
- Star Refrigeration (Scotland)
- Daikin Industries Ltd. (Japan)
- Emerson Electric Co. (US)
- Danfoss A/S (Denmark)
- GEA Group Aktiengesellschaft (Germany)
- Danfoss (Denmark)
- Mayekawa (Japan)
- Daikin (Japan)
- Ingersoll Rand (Ireland)
- EVAPCO
- (the US)
- Johnson Controls (Ireland)
- LU-VE Group (Italy)
- MTA S.p.A. (Italy)
- Frascold (Italy)
- HITEMA INTERNATIONAL (Italy)
- Güntner GmbH Co. KG (Germany)
- KOBELCO (Japan)
- Innovative Refrigeration Systems (US)
- Parker Hannifin (US)
- Lennox International (US)
- Clauger (France)
- Rivacold (Italy)
- Dorin S.p.A. (Italy)
- Industrial Frigo (Lombardy)
- BITZER Kuhlmaschinenbau GmbH (Germany)
- Carnot Refrigeration (Canada)
- SRM Italy (Italy)
- Mayekawa Mfg. Co. Ltd. (Japan)
- Baltimore Aircoil Company (US) and others major key players.
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Segmentation of Industrial Refrigeration System Market: -
By Component
- Compressor
- Condenser
- Evaporator
- Expansion Valves
- Others
By Application
- Food Beverage
- Petrochemicals Pharmaceuticals
- Electricity Production
- Refrigerated Warehouse
- Refrigerated Transportation
- Others
By Refrigerant Type
- Ammonia
- Hydrofluorocarbon (HFC)
- Carbon Dioxide
- Others
By Region
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
- Middle East Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
- South America (Brazil, Argentina, Rest of SA)
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Covid-19 Impact Analysis on Industrial Refrigeration System Market
The market has been poorly affected due to the COVID-19 crisis. The majority of industrial operations were shut down over various parts of the world to contain the spread of the virus. Further, consumers' preferences for home-cooked products have led to a significant fall in the demand for processed food. Additionally, interruptions in the supply chain further restrained the industrial refrigeration system market growth. The industrial refrigeration system components produced by some companies' companies are purchased by different stakeholders for various end-use.
Table of content: -
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Growth Opportunities by Segment
Chapter 4: Market Landscape
Chapter 5: Industrial Refrigeration System Market by Component
Chapter 6: Industrial Refrigeration System Market by Application
Chapter 7: Industrial Refrigeration System Market by Refrigerant Type
Chapter 8: Company Profiles and Competitive Analysis
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