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Industrial Refrigeration Market by Offering (Industrial Refrigerator and Component), Component (Compressor, Condenser, Evaporator, Control, and Others), Refrigerant Type (Ammonia, Carbon Dioxide, Hydrofluorocarbon (HFC), and Others), Application (Fresh Fruits & Vegetables; Meat, Poultry, & Fish; Dairy & Ice Cream; Beverages; Chemicals; Pharmaceuticals; and Others), and Type (Stationary Refrigeration and Transport Refrigeration): Global Opportunity Analysis and Industry Forecast, 2019-2026

A04108
Pages: 413
Dec 2019 | 11885 Views
 
Author(s) : Rohit Sawant , Onkar Sumant
Tables: 239
Charts: 93
 

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Industrial Refrigeration Market Statistics - 2026

The global industrial refrigeration market is expected to reach $29,133 million in 2026, from $19,666 million in 2018, growing at a CAGR of 4.9% from 2019 to 2026. Industrial refrigeration refers to the process of cooling using refrigeration and cooling systems to remove the heat from a low-temperature medium and transferring it to a high-temperature medium. Industrial refrigeration systems are deployed at large freezing and refrigeration plants for use in various industrial applications such as food & beverage processing, cold storage, and others.

The growth in demand for industrial refrigeration systems in the FMCG industry majorly drive the growth of the market, owing to increased use of packaged & processed food & beverages in the developing countries and prevention of spoilage of semi-processed food & drinks. The introduction of advanced technologies such as innovative IoT-enabled refrigeration monitoring solutions provides growth opportunities for industrial refrigeration market growth. Furthermore, rise in trend of upgrading cold storage infrastructures across emerging economies drives the growth of the market. However, high energy consumption for operation and high investment in maintenance of industrial refrigeration systems hamper the growth of the industrial refrigeration market.

Industrial Refrigeration Market

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The global industrial refrigeration market is segmented on the basis of offering, component, refrigeration type, application, type, and region. By offering, the market is divided into industrial refrigerator and component. In 2018, the industrial refrigerator segment dominated the global market, in terms of revenue, and is expected to maintain this trend throughout the coming years. By component, the market is classified into compressor, condenser, evaporator, control, and others. The compressor segment is anticipated to dominate the global industrial refrigeration market throughout the forecast period. Compressors are generally used for commercial and industrial refrigeration, air-conditioning, and heat pump applications such as chillers, humidifiers, HVAC systems, and others. A compressor compresses the refrigerant to produce cool air, and consumes most of the power of refrigerating systems. It takes in low pressure & temperature refrigerant from the evaporator and compresses the refrigerant into high pressure and high temperature gaseous state.

By refrigerant type, the market is categorized into ammonia, carbon dioxide, hydrofluorocarbon (HFC), and others. Ammonia contributed the highest revenue in the industrial refrigeration market on the basis of refrigerant type and is expected to dominate the market during the forecast period.

Industrial Refrigeration Market
By Offering

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Components is projected to grow at a significant CAGR

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The application segment is divided into fresh fruits & vegetables; meat, poultry, & fish; dairy & ice cream; beverages; chemicals; pharmaceuticals; and others. The fresh fruits & vegetable segment has attained a significant portion of industrial refrigeration market share, owing to the increase for the need to maintain a controlled temperature condition in chilling and freezing processes. Moreover, various fruit & vegetables processing industries have been utilizing cold storage facilities while processing of jams, pickles, juices, ketchups, and other products, to cater to the issue of food wastage. Further, the pharmaceuticals segment is expected to show significant growth during the forecast period because of rise in demand from temperature sensitive products. 

Industrial Refrigeration Market
By Application

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Pharmaceuticals is expected to grow at a significant rate during the forecast period.

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By type, the market is bifurcated into stationary refrigeration and transport refrigeration. In 2018, the stationary refrigeration segment accounted for the highest market share due to the increased demand for cold storage infrastructures in the emerging economies and is expected to dominate the industrial refrigeration market during the forecast period. 

By region, the industrial refrigeration market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. In 2018, Asia-Pacific contributed the highest share in the industrial refrigeration market and is anticipated to secure the leading position during the forecast period, due to extensive demand in the food & beverage industry.

Industrial Refrigeration Market
By Region

2026
Asia-pacific 
North America
Europe
Lamea

Asia-Pacific holds a dominant position in 2017 and is expected to grow at a modest rate during the forecast period.

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The global industrial refrigeration market is segment on the basis of offering, component, refrigerant, applications, type, and region. By offering, the market is divided into industrial refrigerator and component. By component, the market is classified into compressor, condenser, evaporator, control, and others. By refrigerant type, the market divided into ammonia, carbon dioxide, hydrofluorocarbon (HFC), and others. By application, the market is divided into fresh fruits & vegetables; meat, poultry, & fish; dairy & ice cream; beverages; chemicals; pharmaceuticals; and others. By type, the market is divided into stationary refrigeration and transport refrigeration. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Competition Analysis

Competitive analysis and profiles of the major players in the industrial refrigeration industry, such as Daikin Industries, Ltd., Emerson Electric Co., Evapco, Inc., GEA Group AG, Johnson Controls, Inc., Ingersoll Rand Plc, LU-VE Group, Mayekawa Mfg. Co. Ltd., The Danfoss Group, and United Technologies Corporation are provided in this report. The key strategies adopted by key players from 2015 to 2019 were product launches, acquisitions, and collaboration.

Increase in consumption of FMCG products

Refrigeration systems are widely used in the food & beverage industries. The consumption of FMCG products has increased in the recent years, owing to the rise in demand for packaged & processed food & beverages in developing countries.

Rise in adoption of energy-efficient & eco-friendly refrigerants

The demand for energy-efficient refrigeration systems has increased in the recent years, as various systems are equipped with floating head pressure control, variable-frequency drives in evaporator fans, screw compressor VFD controls, and others to increase energy conservation. 

Use of IoT-enabled refrigeration solutions for equipment monitoring

Refrigeration systems are widely used in food processing, beverage, chemical, pharmaceutical, and petrochemical industries to control temperature. Moreover, upgrading cold storage facilities and refrigerated facilities involves continuous monitoring of the flow of refrigerants and detect leakage.

Stringent regulations related to usage of refrigerants

The refrigerants used in commercial applications have been subjected to thorough scrutiny by the various government organizations owing to their harmful impact on the environment, especially the ozone layer. For instance, the refrigerant comprising of chlorofluorocarbons (CFCs) and its composition has been banned across several countries owing to its contribution toward ozone layer depletion. 

Key Benefits for Stakeholders

  • This study presents the analytical depiction of the global industrial refrigeration market analysis along with the current trends and future estimations to depict the imminent investment pockets.
  • The overall industrial refrigeration market opportunity is determined by understanding the profitable trends to gain a stronger foothold.
  • The report presents information related to the key drivers, restraints, and opportunities of the global industrial refrigeration market with a detailed impact analysis.
  • The current industrial refrigeration market is quantitatively analyzed from 2018 to 2026 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.

Key Market Segments

By Offering

  • Industrial Refrigerator
  • Component

By Component

  • Compressor
  • Condenser
  • Evaporator
  • Control
  • Others

By Refrigerant Type

  • Ammonia
  • Carbon Dioxide
  • Hydrofluorocarbon (HFC)
  • Others

By Application

  • Fresh Fruits & Vegetables
  • Meat, Poultry, & Fish
  • Dairy & Ice Cream
  • Beverages
  • Chemicals
  • Pharmaceuticals
  • Others

By Type

  • Stationary Refrigeration
  • Transport Refrigeration

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Russia
    • Belarus
    • Croatia
    • Czech Republic
    • Hungary
    • Lithuania
    • Poland
    • Romania
    • Serbia and Montenegro
    • Bulgaria
    • Slovakia
    • Ukraine
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America 
    • Africa
    • Turkey
    • Kazakhstan
    • Rest of Middle East

Key Players

  • Daikin Industries, Ltd.
  • Emerson Electric Co.
  • Evapco, Inc.
  • GEA Group AG
  • Johnson Controls, Inc.
  • Ingersoll Rand Plc
  • LU-VE Group
  • Mayekawa Mfg. Co. Ltd.
  • The Danfoss Group
  • United Technologies Corporation
 

CHAPTER 1:  INTRODUCTION

1.1.  Report description
1.2.  Key benefits for stakeholders
1.3.  Key market segments
1.4.  Research methodology

1.4.1.  Secondary research
1.4.2.  Primary research
1.4.3.  Analyst tools & models

CHAPTER 2:  EXECUTIVE SUMMARY

2.1.  CXO perspective

CHAPTER 3:  MARKET OVERVIEW

3.1.  Market definition and scope
3.2.  Key findings

3.2.1.  Top investment pockets
3.2.2.  Top winning strategies

3.3.  Porter's five forces analysis
3.4.  Key player positioning, 2016
3.5.  Market dynamics

3.5.1.  Drivers

3.5.1.1.  Increase in consumption of FMCG products
3.5.1.2.  Upgrading cold storage infrastructure across emerging economies
3.5.1.3.  Rise in adoption of energy-efficient & eco-friendly refrigerants

3.5.2.  Restraint

3.5.2.1.  High energy costs for operation and maintenance of industrial refrigeration units
3.5.2.2.  Stringent regulations related to usage of refrigerants

3.5.3.  Opportunity

3.5.3.1.  Use of IoT-enabled refrigeration solutions for equipment monitoring

3.6.  Global refrigerant volume analysis

3.6.1.  Global refrigerant volume by type
3.6.2.  Global refrigerant volume by end-users
3.6.3.  Global refrigerant volume by refrigeration systems
3.6.4.  Global refrigerant volume by region

3.7.  Key players by region
3.8.  Related markets

3.8.1.  Chillers Market by End-users
3.8.2.  Condensing Units Market by End-users

CHAPTER 4:  INDUSTRIAL REFRIGERATION MARKET, BY OFFERING

4.1.  Market overview

4.1.1.  Market size and forecast, by offering

4.2.  Industrial refrigerators

4.2.1.  Key market trends, growth factors, and opportunities
4.2.2.  Market size and forecast, by region
4.2.3.  Market analysis, by country

4.3.  Components

4.3.1.  Key market trends, growth factors, and opportunities
4.3.2.  Market size and forecast, by region
4.3.3.  Market analysis, by country

CHAPTER 5:  INDUSTRIAL REFRIGERATION MARKET, BY COMPONENT

5.1.  Market overview

5.1.1.  Market size and forecast, by component

5.2.  Compressors

5.2.1.  Key market trends, growth factors, and opportunities
5.2.2.  Market size and forecast, by region
5.2.3.  Market analysis, by country

5.3.  Condensers

5.3.1.  Key market trends, growth factors, and opportunities
5.3.2.  Market size and forecast, by region
5.3.3.  Market analysis, by country

5.4.  Evaporators

5.4.1.  Key market trends, growth factors, and opportunities
5.4.2.  Market size and forecast, by region
5.4.3.  Market analysis, by country

5.5.  Controls

5.5.1.  Key market trends, growth factors, and opportunities
5.5.2.  Market size and forecast, by region
5.5.3.  Market analysis, by country

5.6.  Others

5.6.1.  Key market trends, growth factors, and opportunities
5.6.2.  Market size and forecast, by region
5.6.3.  Market analysis, by country

CHAPTER 6:  INDUSTRIAL REFRIGERATION MARKET, BY REFRIGERANT TYPE

6.1.  Market overview

6.1.1.  Market size and forecast, by refrigerant type

6.2.  Ammonia

6.2.1.  Key market trends, growth factors, and opportunities
6.2.2.  Market size and forecast, by region
6.2.3.  Market analysis, by country

6.3.  Carbon dioxide

6.3.1.  Key market trends, growth factors, and opportunities
6.3.2.  Market size and forecast, by region
6.3.3.  Market analysis, by country

6.4.  HFC

6.4.1.  Key market trends, growth factors, and opportunities
6.4.2.  Market size and forecast, by region
6.4.3.  Market analysis, by country

6.5.  Others

6.5.1.  Key market trends, growth factors, and opportunities
6.5.2.  Market size and forecast, by region
6.5.3.  Market analysis, by country

CHAPTER 7:  INDUSTRIAL REFRIGERATION MARKET, BY APPLICATION

7.1.  Market overview

7.1.1.  Market size and forecast, by application

7.2.  Fresh fruits & vegetable

7.2.1.  Key market trends, growth factors, and opportunities
7.2.2.  Market size and forecast, by region
7.2.3.  Market analysis, by country

7.3.  Meat, poultry, & fish processing

7.3.1.  Key market trends, growth factors, and opportunities
7.3.2.  Market size and forecast, by region

7.4.  Dairy & ice cream processing

7.4.1.  Key market trends, growth factors, and opportunities
7.4.2.  Market size and forecast, by region
7.4.3.  Market analysis, by country

7.5.  Beverages

7.5.1.  Key market trends, growth factors, and opportunities
7.5.2.  Market size and forecast, by region
7.5.3.  Market analysis, by country

7.6.  Chemicals

7.6.1.  Key market trends, growth factors, and opportunities
7.6.2.  Market size and forecast, by region
7.6.3.  Market analysis, by country

7.7.  Pharmaceuticals

7.7.1.  Key market trends, growth factors, and opportunities
7.7.2.  Market size and forecast, by region
7.7.3.  Market analysis, by country

7.8.  Others

7.8.1.  Key market trends, growth factors, and opportunities
7.8.2.  Market size and forecast, by region
7.8.3.  Market analysis, by country

CHAPTER 8:  INDUSTRIAL REFRIGERATION MARKET, BY TYPE

8.1.  Market overview

8.1.1.  Market size and forecast, by type

8.2.  Stationary refrigeration

8.2.1.  Key market trends, growth factors, and opportunities
8.2.2.  Market size and forecast, by region
8.2.3.  Market analysis, by country

8.3.  Transport refrigeration

8.3.1.  Key market trends, growth factors, and opportunities
8.3.2.  Market size and forecast, by region
8.3.3.  Market analysis, by country

CHAPTER 9:  INDUSTRIAL REFRIGERATION MARKET, BY REGION

9.1.  Market overview
9.2.  North America

9.2.1.  Key market trends, growth factors, and opportunities
9.2.2.  Market size and forecast, by offering
9.2.3.  Market size and forecast, by component
9.2.4.  Market size and forecast, by refrigerant type
9.2.5.  Market size and forecast, by application
9.2.6.  Market size and forecast, by type
9.2.7.  Market size and forecast, by country

9.2.7.1.  U.S.

9.2.7.1.1.  Market size and forecast, by offering
9.2.7.1.2.  Market size and forecast, by component
9.2.7.1.3.  Market size and forecast, by refrigerant type
9.2.7.1.4.  Market size and forecast, by application
9.2.7.1.5.  Market size and forecast, by type

9.2.7.2.  Canada

9.2.7.2.1.  Market size and forecast, by offering
9.2.7.2.2.  Market size and forecast, by component
9.2.7.2.3.  Market size and forecast, by refrigerant type
9.2.7.2.4.  Market size and forecast, by application
9.2.7.2.5.  Market size and forecast, by type

9.2.7.3.  Mexico

9.2.7.3.1.  Market size and forecast, by offering
9.2.7.3.2.  Market size and forecast, by component
9.2.7.3.3.  Market size and forecast, by refrigerant type
9.2.7.3.4.  Market size and forecast, by application
9.2.7.3.5.  Market size and forecast, by type

9.3.  Europe

9.3.1.  Key market trends, growth factors, and opportunities
9.3.2.  Market size and forecast, by offering
9.3.3.  Market size and forecast, by component
9.3.4.  Market size and forecast, by refrigerant type
9.3.5.  Market size and forecast, by application
9.3.6.  Market size and forecast, by type
9.3.7.  Market size and forecast, by country

9.3.7.1.  UK

9.3.7.1.1.  Market size and forecast, by offering
9.3.7.1.2.  Market size and forecast, by component
9.3.7.1.3.  Market size and forecast, by refrigerant type
9.3.7.1.4.  Market size and forecast, by application
9.3.7.1.5.  Market size and forecast, by type

9.3.7.2.  Germany

9.3.7.2.1.  Market size and forecast, by offering
9.3.7.2.2.  Market size and forecast, by component
9.3.7.2.3.  Market size and forecast, by refrigerant type
9.3.7.2.4.  Market size and forecast, by application
9.3.7.2.5.  Market size and forecast, by type

9.3.7.3.  France

9.3.7.3.1.  Market size and forecast, by offering
9.3.7.3.2.  Market size and forecast, by component
9.3.7.3.3.  Market size and forecast, by refrigerant type
9.3.7.3.4.  Market size and forecast, by application
9.3.7.3.5.  Market size and forecast, by type

9.3.7.4.  Russia

9.3.7.4.1.  Market size and forecast, by offering
9.3.7.4.2.  Market size and forecast, by component
9.3.7.4.3.  Market size and forecast, by refrigerant type
9.3.7.4.4.  Market size and forecast, by application
9.3.7.4.5.  Market size and forecast, by type

9.3.7.5.  Belarus

9.3.7.5.1.  Market size and forecast, by offering
9.3.7.5.2.  Market size and forecast, by component
9.3.7.5.3.  Market size and forecast, by refrigerant type
9.3.7.5.4.  Market size and forecast, by application
9.3.7.5.5.  Market size and forecast, by type

9.3.7.6.  Croatia

9.3.7.6.1.  Market size and forecast, by offering
9.3.7.6.2.  Market size and forecast, by component
9.3.7.6.3.  Market size and forecast, by refrigerant type
9.3.7.6.4.  Market size and forecast, by application
9.3.7.6.5.  Market size and forecast, by type

9.3.7.7.  Czech Republic

9.3.7.7.1.  Market size and forecast, by offering
9.3.7.7.2.  Market size and forecast, by component
9.3.7.7.3.  Market size and forecast, by refrigerant type
9.3.7.7.4.  Market size and forecast, by application
9.3.7.7.5.  Market size and forecast, by type

9.3.7.8.  Hungary

9.3.7.8.1.  Market size and forecast, by offering
9.3.7.8.2.  Market size and forecast, by component
9.3.7.8.3.  Market size and forecast, by refrigerant type
9.3.7.8.4.  Market size and forecast, by application
9.3.7.8.5.  Market size and forecast, by type

9.3.7.9.  Lithuania

9.3.7.9.1.  Market size and forecast, by offering
9.3.7.9.2.  Market size and forecast, by component
9.3.7.9.3.  Market size and forecast, by refrigerant type
9.3.7.9.4.  Market size and forecast, by application
9.3.7.9.5.  Market size and forecast, by type

9.3.7.10.  Poland

9.3.7.10.1.  Market size and forecast, by offering
9.3.7.10.2.  Market size and forecast, by component
9.3.7.10.3.  Market size and forecast, by refrigerant type
9.3.7.10.4.  Market size and forecast, by application
9.3.7.10.5.  Market size and forecast, by type

9.3.7.11.  Romania

9.3.7.11.1.  Market size and forecast, by offering
9.3.7.11.2.  Market size and forecast, by component
9.3.7.11.3.  Market size and forecast, by refrigerant type
9.3.7.11.4.  Market size and forecast, by application
9.3.7.11.5.  Market size and forecast, by type

9.3.7.12.  Serbia and Montenegro

9.3.7.12.1.  Market size and forecast, by offering
9.3.7.12.2.  Market size and forecast, by component
9.3.7.12.3.  Market size and forecast, by refrigerant type
9.3.7.12.4.  Market size and forecast, by application
9.3.7.12.5.  Market size and forecast, by type

9.3.7.13.  Bulgaria

9.3.7.13.1.  Market size and forecast, by offering
9.3.7.13.2.  Market size and forecast, by component
9.3.7.13.3.  Market size and forecast, by refrigerant type
9.3.7.13.4.  Market size and forecast, by application
9.3.7.13.5.  Market size and forecast, by type

9.3.7.14.  Slovakia

9.3.7.14.1.  Market size and forecast, by offering
9.3.7.14.2.  Market size and forecast, by component
9.3.7.14.3.  Market size and forecast, by refrigerant type
9.3.7.14.4.  Market size and forecast, by application
9.3.7.14.5.  Market size and forecast, by type

9.3.7.15.  Ukraine

9.3.7.15.1.  Market size and forecast, by offering
9.3.7.15.2.  Market size and forecast, by component
9.3.7.15.3.  Market size and forecast, by refrigerant type
9.3.7.15.4.  Market size and forecast, by application
9.3.7.15.5.  Market size and forecast, by type

9.3.7.16.  Rest of Europe

9.3.7.16.1.  Market size and forecast, by offering
9.3.7.16.2.  Market size and forecast, by component
9.3.7.16.3.  Market size and forecast, by refrigerant type
9.3.7.16.4.  Market size and forecast, by application
9.3.7.16.5.  Market size and forecast, by type

9.4.  Asia-Pacific

9.4.1.  Key market trends, growth factors, and opportunities
9.4.2.  Market size and forecast, by offering
9.4.3.  Market size and forecast, by component
9.4.4.  Market size and forecast, by refrigerant type
9.4.5.  Market size and forecast, by application
9.4.6.  Market size and forecast, by type
9.4.7.  Market size and forecast, by country

9.4.7.1.  China

9.4.7.1.1.  Market size and forecast, by offering
9.4.7.1.2.  Market size and forecast, by component
9.4.7.1.3.  Market size and forecast, by refrigerant type
9.4.7.1.4.  Market size and forecast, by application
9.4.7.1.5.  Market size and forecast, by type

9.4.7.2.  India

9.4.7.2.1.  Market size and forecast, by offering
9.4.7.2.2.  Market size and forecast, by component
9.4.7.2.3.  Market size and forecast, by refrigerant type
9.4.7.2.4.  Market size and forecast, by application
9.4.7.2.5.  Market size and forecast, by type

9.4.7.3.  Japan

9.4.7.3.1.  Market size and forecast, by offering
9.4.7.3.2.  Market size and forecast, by component
9.4.7.3.3.  Market size and forecast, by refrigerant type
9.4.7.3.4.  Market size and forecast, by application
9.4.7.3.5.  Market size and forecast, by type

9.4.7.4.  Australia

9.4.7.4.1.  Market size and forecast, by offering
9.4.7.4.2.  Market size and forecast, by component
9.4.7.4.3.  Market size and forecast, by refrigerant type
9.4.7.4.4.  Market size and forecast, by application
9.4.7.4.5.  Market size and forecast, by type

9.4.7.5.  Rest of Asia-Pacific

9.4.7.5.1.  Market size and forecast, by offering
9.4.7.5.2.  Market size and forecast, by component
9.4.7.5.3.  Market size and forecast, by refrigerant type
9.4.7.5.4.  Market size and forecast, by application
9.4.7.5.5.  Market size and forecast, by type

9.5.  LAMEA

9.5.1.  Key market trends, growth factors, and opportunities
9.5.2.  Market size and forecast, by offering
9.5.3.  Market size and forecast, by component
9.5.4.  Market size and forecast, by refrigerant type
9.5.5.  Market size and forecast, by application
9.5.6.  Market size and forecast, by type
9.5.7.  Market size and forecast, by country

9.5.7.1.  Latin America

9.5.7.1.1.  Market size and forecast, by offering
9.5.7.1.2.  Market size and forecast, by component
9.5.7.1.3.  Market size and forecast, by refrigerant type
9.5.7.1.4.  Market size and forecast, by application
9.5.7.1.5.  Market size and forecast, by type

9.5.7.2.  Africa

9.5.7.2.1.  Market size and forecast, by offering
9.5.7.2.2.  Market size and forecast, by component
9.5.7.2.3.  Market size and forecast, by refrigerant type
9.5.7.2.4.  Market size and forecast, by application
9.5.7.2.5.  Market size and forecast, by type

9.5.7.3.  Turkey

9.5.7.3.1.  Market size and forecast, by offering
9.5.7.3.2.  Market size and forecast, by component
9.5.7.3.3.  Market size and forecast, by refrigerant type
9.5.7.3.4.  Market size and forecast, by application
9.5.7.3.5.  Market size and forecast, by type

9.5.7.4.  Kazakhstan

9.5.7.4.1.  Market size and forecast, by offering
9.5.7.4.2.  Market size and forecast, by component
9.5.7.4.3.  Market size and forecast, by refrigerant type
9.5.7.4.4.  Market size and forecast, by application
9.5.7.4.5.  Market size and forecast, by type

9.5.7.5.  Rest of Middle East

9.5.7.5.1.  Market size and forecast, by offering
9.5.7.5.2.  Market size and forecast, by component
9.5.7.5.3.  Market size and forecast, by refrigerant type
9.5.7.5.4.  Market size and forecast, by application
9.5.7.5.5.  Market size and forecast, by type

CHAPTER 10:  COMPANY PROFILES

10.1.  DAIKIN INDUSTRIES, LTD.

10.1.1.  Company overview
10.1.2.  Key Executives
10.1.3.  Company snapshot
10.1.4.  Operating business segments
10.1.5.  Product portfolio
10.1.6.  R&D Expenditure
10.1.7.  Business performance
10.1.8.  Key strategic moves and developments

10.2.  DANFOSS A/S

10.2.1.  Company overview
10.2.2.  Key Executives
10.2.3.  Company snapshot
10.2.4.  Operating business segments
10.2.5.  Product portfolio
10.2.6.  R&D Expenditure
10.2.7.  Business performance
10.2.8.  Key strategic moves and developments

10.3.  EMERSON ELECTRIC CO.

10.3.1.  Company overview
10.3.2.  Key Executives
10.3.3.  Company snapshot
10.3.4.  Operating business segments
10.3.5.  Product portfolio
10.3.6.  R&D Expenditure
10.3.7.  Business performance
10.3.8.  Key strategic moves and developments

10.4.  EVAPCO, INC.

10.4.1.  Company overview
10.4.2.  Key Executives
10.4.3.  Company snapshot
10.4.4.  Product portfolio
10.4.5.  Key strategic moves and developments

10.5.  GEA GROUP AKTIENGESELLSCHAFT

10.5.1.  Company overview
10.5.2.  Key Executives
10.5.3.  Company snapshot
10.5.4.  Operating business segments
10.5.5.  Product portfolio
10.5.6.  R&D Expenditure
10.5.7.  Business performance
10.5.8.  Key strategic moves and developments

10.6.  INGERSOLL-RAND PLC

10.6.1.  Company overview
10.6.2.  Key Executives
10.6.3.  Company snapshot
10.6.4.  Operating business segments
10.6.5.  Product portfolio
10.6.6.  R&D Expenditure
10.6.7.  Business performance
10.6.8.  Key strategic moves and developments

10.7.  JOHNSON CONTROLS INTERNATIONAL PLC

10.7.1.  Company overview
10.7.2.  Key Executives
10.7.3.  Company snapshot
10.7.4.  Operating business segments
10.7.5.  Product portfolio
10.7.6.  R&D Expenditure
10.7.7.  Business performance

10.8.  LU-VE S.P.A.

10.8.1.  Company overview
10.8.2.  Key Executives
10.8.3.  Company snapshot
10.8.4.  Operating business segments
10.8.5.  Product portfolio
10.8.6.  R&D Expenditure
10.8.7.  Business performance
10.8.8.  Key strategic moves and developments

10.9.  MAYEKAWA MFG. CO., LTD.

10.9.1.  Company overview
10.9.2.  Key Executives
10.9.3.  Company snapshot
10.9.4.  Product portfolio
10.9.5.  Key strategic moves and developments

10.10.  UNITED TECHNOLOGIES CORPORATION

10.10.1.  Company overview
10.10.2.  Key Executives
10.10.3.  Company snapshot
10.10.4.  Operating business segments
10.10.5.  Product portfolio
10.10.6.  R&D Expenditure
10.10.7.  Business performance

LIST OF TABLES

TABLE 01.  GLOBAL REFRIGERANT VOLUME BY TYPE, 2017-2026 (THOUSAND TONS)
TABLE 02.  GLOBAL REFRIGERANT VOLUME BY END-USERS, 2017-2026 (THOUSAND TONS)
TABLE 03.  GLOBAL REFRIGERANT VOLUME BY REFRIGERATION SYSTEMS, 2017-2026 (THOUSAND TONS)
TABLE 04.  GLOBAL REFRIGERANT VOLUME BY REGION, 2017-2026 (THOUSAND TONS)
TABLE 05.  KEY PLAYERS BY REGION
TABLE 06.  GLOBAL CHILLERS MARKET BY END-USERS, 2014-2017 ($MILLION)
TABLE 07.  GLOBAL CONDENSING UNITS MARKET BY END-USERS, 2015-2017 ($MILLION)
TABLE 08.  GLOBAL INDUSTRIAL REFRIGERATION MARKET REVENUE, BY OFFERING, 2017-2026($MILLION)
TABLE 09.  INDUSTRIAL REFRIGERATORS MARKET REVENUE, BY REGION, 2017-2026($MILLION)
TABLE 10.  INDUSTRIAL REFRIGERATION COMPONENTS MARKET REVENUE, BY REGION, 2017-2026($MILLION)
TABLE 11.  GLOBAL INDUSTRIAL REFRIGERATION MARKET REVENUE, BY COMPONENT, 2017-2026($MILLION)
TABLE 12.  COMPRESSORS FOR INDUSTRIAL REFRIGERATION MARKET REVENUE, BY REGION, 2017-2026($MILLION)
TABLE 13.  CONDENSERS INDUSTRIAL REFRIGERATION MARKET REVENUE, BY REGION, 2017-2026($MILLION)
TABLE 14.  EVAPORATORS FOR INDUSTRIAL REFRIGERATION MARKET REVENUE, BY REGION, 2017-2026($MILLION)
TABLE 15.  CONTROLS FOR INDUSTRIAL REFRIGERATION MARKET REVENUE, BY REGION, 2017-2026($MILLION)
TABLE 16.  OTHERS INDUSTRIAL REFRIGERATION MARKET REVENUE, BY REGION, 2017-2026($MILLION)
TABLE 17.  GLOBAL INDUSTRIAL REFRIGERATION MARKET REVENUE, BY REFRIGERANT TYPE, 2017-2026($MILLION)
TABLE 18.  AMMONIA INDUSTRIAL REFRIGERATION MARKET REVENUE, BY REGION, 2017-2026($MILLION)
TABLE 19.  CARBON DIOXIDE INDUSTRIAL REFRIGERATION MARKET REVENUE, BY REGION, 2017-2026($MILLION)
TABLE 20.  HFC INDUSTRIAL REFRIGERATION MARKET REVENUE, BY REGION, 2017-2026($MILLION)
TABLE 21.  OTHERS INDUSTRIAL REFRIGERATION MARKET REVENUE, BY REGION, 2017-2026($MILLION)
TABLE 22.  GLOBAL INDUSTRIAL REFRIGERATION MARKET REVENUE, BY APPLICATION, 2017-2026($MILLION)
TABLE 23.  FRESH FRUITS & VEGETABLE PROCESSING INDUSTRIAL REFRIGERATION MARKET REVENUE, BY REGION, 2017-2026 ($MILLION)
TABLE 24.  MEAT, POULTRY, & FISH PROCESSING INDUSTRIAL REFRIGERATION MARKET REVENUE, BY REGION, 2017-2026($MILLION)
TABLE 25.  DAIRY & ICE CREAM PROCESSING INDUSTRIAL REFRIGERATION MARKET REVENUE, BY REGION, 2017-2026 ($MILLION)
TABLE 26.  BEVERAGE INDUSTRIAL REFRIGERATION MARKET REVENUE, BY REGION, 2017-2026($MILLION)
TABLE 27.  CHEMICAL INDUSTRIAL REFRIGERATION MARKET REVENUE, BY REGION, 2017-2026($MILLION)
TABLE 28.  PHARMACEUTICAL INDUSTRIAL REFRIGERATION MARKET REVENUE, BY REGION, 2017-2026($MILLION)
TABLE 29.  OTHERS INDUSTRIAL REFRIGERATION MARKET REVENUE, BY REGION, 2017-2026($MILLION)
TABLE 30.  GLOBAL INDUSTRIAL REFRIGERATION MARKET REVENUE, BY TYPE, 2017-2026($MILLION)
TABLE 31.  INDUSTRIAL REFRIGERATION FOR STATIONARY REFRIGERATION MARKET REVENUE, BY REGION, 2017-2026($MILLION)
TABLE 32.  TRANSPORT REFRIGERATION INDUSTRIAL REFRIGERATION MARKET REVENUE, BY REGION, 2017-2026($MILLION)
TABLE 33.  NORTH AMERICA INDUSTRIAL REFRIGERATION MARKET, BY OFFERING, 2017-2026($MILLION)
TABLE 34.  NORTH AMERICA INDUSTRIAL REFRIGERATION MARKET, BY COMPONENT, 2017-2026($MILLION)
TABLE 35.  NORTH AMERICA INDUSTRIAL REFRIGERATION MARKET, BY REFRIGERANT TYPE, 2017-2026 ($MILLION)
TABLE 36.  NORTH AMERICA INDUSTRIAL REFRIGERATION MARKET, BY APPLICATION, 2017-2026($MILLION)
TABLE 37.  NORTH AMERICA INDUSTRIAL REFRIGERATION MARKET, BY TYPE, 2017-2026($MILLION)
TABLE 38.  NORTH AMERICA INDUSTRIAL REFRIGERATION MARKET REVENUE, BY COUNTRY, 2017-2026 ($MILLION)
TABLE 39.  U.S. INDUSTRIAL REFRIGERATION MARKET, BY OFFERING, 2017-2026 ($MILLION)
TABLE 40.  U.S. INDUSTRIAL REFRIGERATION MARKET, BY COMPONENT, 2017-2026 ($MILLION)
TABLE 41.  U.S. INDUSTRIAL REFRIGERATION MARKET, BY REFRIGERANT TYPE, 2017-2026 ($MILLION)
TABLE 42.  U.S. INDUSTRIAL REFRIGERATION MARKET, BY APPLICATION, 2017-2026 ($MILLION)
TABLE 43.  U.S. INDUSTRIAL REFRIGERATION MARKET, BY TYPE, 2017-2026 ($MILLION)
TABLE 44.  CANADA INDUSTRIAL REFRIGERATION MARKET, BY OFFERING, 2017-2026 ($MILLION)
TABLE 45.  CANADA INDUSTRIAL REFRIGERATION MARKET, BY COMPONENT, 2017-2026 ($MILLION)
TABLE 46.  CANADA INDUSTRIAL REFRIGERATION MARKET, BY REFRIGERANT TYPE, 2017-2026 ($MILLION)
TABLE 47.  CANADA INDUSTRIAL REFRIGERATION MARKET, BY APPLICATION, 2017-2026 ($MILLION)
TABLE 48.  CANADA INDUSTRIAL REFRIGERATION MARKET, BY TYPE, 2017-2026 ($MILLION)
TABLE 49.  MEXICO INDUSTRIAL REFRIGERATION MARKET, BY OFFERING, 2017-2026 ($MILLION)
TABLE 50.  MEXICO INDUSTRIAL REFRIGERATION MARKET, BY COMPONENT, 2017-2026 ($MILLION)
TABLE 51.  MEXICO INDUSTRIAL REFRIGERATION MARKET, BY REFRIGERANT TYPE, 2017-2026($MILLION)
TABLE 52.  MEXICO INDUSTRIAL REFRIGERATION MARKET, BY APPLICATION, 2017-2026 ($MILLION)
TABLE 53.  MEXICO INDUSTRIAL REFRIGERATION MARKET, BY TYPE, 2017-2026 ($MILLION)
TABLE 54.  EUROPE INDUSTRIAL REFRIGERATION MARKET, BY OFFERING, 2017-2026 ($MILLION)
TABLE 55.  EUROPE INDUSTRIAL REFRIGERATION MARKET, BY COMPONENT, 2017-2026 ($MILLION)
TABLE 56.  EUROPE INDUSTRIAL REFRIGERATION MARKET, BY REFRIGERANT TYPE, 2017-2026 ($MILLION)
TABLE 57.  EUROPE INDUSTRIAL REFRIGERATION MARKET, BY APPLICATION, 2017-2026 ($MILLION)
TABLE 58.  EUROPE INDUSTRIAL REFRIGERATION MARKET, BY TYPE, 2017-2026($MILLION)
TABLE 59.  EUROPE INDUSTRIAL REFRIGERATION MARKET REVENUE, BY COUNTRY, 2017-2026 ($MILLION)
TABLE 60.  UK INDUSTRIAL REFRIGERATION MARKET, BY OFFERING, 2017-2026 ($MILLION)
TABLE 61.  UK INDUSTRIAL REFRIGERATION MARKET, BY COMPONENT, 2017-2026 ($MILLION)
TABLE 62.  UK INDUSTRIAL REFRIGERATION MARKET, BY REFRIGERANT TYPE, 2017-2026 ($MILLION)
TABLE 63.  UK INDUSTRIAL REFRIGERATION MARKET, BY APPLICATION, 2017-2026($MILLION)
TABLE 64.  UK INDUSTRIAL REFRIGERATION MARKET, BY TYPE, 2017-2026 ($MILLION)
TABLE 65.  GERMANY INDUSTRIAL REFRIGERATION MARKET, BY OFFERING, 2017-2026 ($MILLION)
TABLE 66.  GERMANY INDUSTRIAL REFRIGERATION MARKET, BY COMPONENT, 2017-2026 ($MILLION)
TABLE 67.  GERMANY INDUSTRIAL REFRIGERATION MARKET, BY REFRIGERANT TYPE, 2017-2026 ($MILLION)
TABLE 68.  GERMANY INDUSTRIAL REFRIGERATION MARKET, BY APPLICATION, 2017-2026 ($MILLION)
TABLE 69.  GERMANY INDUSTRIAL REFRIGERATION MARKET, BY TYPE, 2017-2026 ($MILLION)
TABLE 70.  FRANCE INDUSTRIAL REFRIGERATION MARKET, BY OFFERING, 2017-2026 ($MILLION)
TABLE 71.  FRANCE INDUSTRIAL REFRIGERATION MARKET, BY COMPONENT, 2017-2026 ($MILLION)
TABLE 72.  FRANCE INDUSTRIAL REFRIGERATION MARKET, BY REFRIGERANT TYPE, 2017-2026 ($MILLION)
TABLE 73.  FRANCE INDUSTRIAL REFRIGERATION MARKET, BY APPLICATION, 2017-2026 ($MILLION)
TABLE 74.  FRANCE INDUSTRIAL REFRIGERATION MARKET, BY TYPE, 2017-2026 ($MILLION)
TABLE 75.  RUSSIA INDUSTRIAL REFRIGERATION MARKET, BY OFFERING, 2017-2026 ($MILLION)
TABLE 76.  RUSSIA INDUSTRIAL REFRIGERATION MARKET, BY COMPONENT, 2017-2026 ($MILLION)
TABLE 77.  RUSSIA INDUSTRIAL REFRIGERATION MARKET, BY REFRIGERANT TYPE, 2017-2026 ($MILLION)
TABLE 78.  RUSSIA INDUSTRIAL REFRIGERATION MARKET, BY APPLICATION, 2017-2026 ($MILLION)
TABLE 79.  RUSSIA INDUSTRIAL REFRIGERATION MARKET, BY TYPE, 2017-2026 ($MILLION)
TABLE 80.  BELARUS INDUSTRIAL REFRIGERATION MARKET, BY OFFERING, 2017-2026 ($MILLION)
TABLE 81.  BELARUS INDUSTRIAL REFRIGERATION MARKET, BY COMPONENT, 2017-2026 ($MILLION)
TABLE 82.  BELARUS INDUSTRIAL REFRIGERATION MARKET, BY REFRIGERANT TYPE, 2017-2026 ($MILLION)
TABLE 83.  BELARUS INDUSTRIAL REFRIGERATION MARKET, BY APPLICATION, 2017-2026($MILLION)
TABLE 84.  BELARUS INDUSTRIAL REFRIGERATION MARKET, BY TYPE, 2017-2026 ($MILLION)
TABLE 85.  CROATIA INDUSTRIAL REFRIGERATION MARKET, BY OFFERING, 2017-2026 ($MILLION)
TABLE 86.  CROATIA INDUSTRIAL REFRIGERATION MARKET, BY COMPONENT, 2017-2026 ($MILLION)
TABLE 87.  CROATIA INDUSTRIAL REFRIGERATION MARKET, BY REFRIGERANT TYPE, 2017-2026 ($MILLION)
TABLE 88.  CROATIA INDUSTRIAL REFRIGERATION MARKET, BY APPLICATION, 2017-2026($MILLION)
TABLE 89.  CROATIA INDUSTRIAL REFRIGERATION MARKET, BY TYPE, 2017-2026 ($MILLION)
TABLE 90.  CZECH REPUBLIC INDUSTRIAL REFRIGERATION MARKET, BY OFFERING, 2017-2026 ($MILLION)
TABLE 91.  CZECH REPUBLIC INDUSTRIAL REFRIGERATION MARKET, BY COMPONENT, 2017-2026 ($MILLION)
TABLE 92.  CZECH REPUBLIC INDUSTRIAL REFRIGERATION MARKET, BY REFRIGERANT TYPE, 2017-2026 ($MILLION)
TABLE 93.  CZECH REPUBLIC INDUSTRIAL REFRIGERATION MARKET, BY APPLICATION, 2017-2026($MILLION)
TABLE 94.  CZECH REPUBLIC INDUSTRIAL REFRIGERATION MARKET, BY TYPE, 2017-2026 ($MILLION)
TABLE 95.  HUNGARY INDUSTRIAL REFRIGERATION MARKET, BY OFFERING, 2017-2026 ($MILLION)
TABLE 96.  HUNGARY INDUSTRIAL REFRIGERATION MARKET, BY COMPONENT, 2017-2026 ($MILLION)
TABLE 97.  HUNGARY INDUSTRIAL REFRIGERATION MARKET, BY REFRIGERANT TYPE, 2017-2026 ($MILLION)
TABLE 98.  HUNGARY INDUSTRIAL REFRIGERATION MARKET, BY APPLICATION, 2017-2026($MILLION)
TABLE 99.  HUNGARY INDUSTRIAL REFRIGERATION MARKET, BY TYPE, 2017-2026 ($MILLION)
TABLE 100.  LITHUANIA INDUSTRIAL REFRIGERATION MARKET, BY OFFERING, 2017-2026 ($MILLION)
TABLE 101.  LITHUANIA INDUSTRIAL REFRIGERATION MARKET, BY COMPONENT, 2017-2026 ($MILLION)
TABLE 102.  LITHUANIA INDUSTRIAL REFRIGERATION MARKET, BY REFRIGERANT TYPE, 2017-2026 ($MILLION)
TABLE 103.  LITHUANIA INDUSTRIAL REFRIGERATION MARKET, BY APPLICATION, 2017-2026($MILLION)
TABLE 104.  LITHUANIA INDUSTRIAL REFRIGERATION MARKET, BY TYPE, 2017-2026 ($MILLION)
TABLE 105.  POLAND INDUSTRIAL REFRIGERATION MARKET, BY OFFERING, 2017-2026 ($MILLION)
TABLE 106.  POLAND INDUSTRIAL REFRIGERATION MARKET, BY COMPONENT, 2017-2026 ($MILLION)
TABLE 107.  POLAND INDUSTRIAL REFRIGERATION MARKET, BY REFRIGERANT TYPE, 2017-2026 ($MILLION)
TABLE 108.  POLAND INDUSTRIAL REFRIGERATION MARKET, BY APPLICATION, 2017-2026($MILLION)
TABLE 109.  POLAND INDUSTRIAL REFRIGERATION MARKET, BY TYPE, 2017-2026 ($MILLION)
TABLE 110.  ROMANIA INDUSTRIAL REFRIGERATION MARKET, BY OFFERING, 2017-2026 ($MILLION)
TABLE 111.  ROMANIA INDUSTRIAL REFRIGERATION MARKET, BY COMPONENT, 2017-2026 ($MILLION)
TABLE 112.  ROMANIA INDUSTRIAL REFRIGERATION MARKET, BY REFRIGERANT TYPE, 2017-2026 ($MILLION)
TABLE 113.  ROMANIA INDUSTRIAL REFRIGERATION MARKET, BY APPLICATION, 2017-2026($MILLION)
TABLE 114.  ROMANIA INDUSTRIAL REFRIGERATION MARKET, BY TYPE, 2017-2026 ($MILLION)
TABLE 115.  SERBIA AND MONTENEGRO INDUSTRIAL REFRIGERATION MARKET, BY OFFERING, 2017-2026 ($MILLION)
TABLE 116.  SERBIA AND MONTENEGRO INDUSTRIAL REFRIGERATION MARKET, BY COMPONENT, 2017-2026 ($MILLION)
TABLE 117.  SERBIA AND MONTENEGRO INDUSTRIAL REFRIGERATION MARKET, BY REFRIGERANT TYPE, 2017-2026 ($MILLION)
TABLE 118.  SERBIA AND MONTENEGRO INDUSTRIAL REFRIGERATION MARKET, BY APPLICATION, 2017-2026($MILLION)
TABLE 119.  SERBIA AND MONTENEGRO INDUSTRIAL REFRIGERATION MARKET, BY TYPE, 2017-2026 ($MILLION)
TABLE 120.  BULGARIA INDUSTRIAL REFRIGERATION MARKET, BY OFFERING, 2017-2026 ($MILLION)
TABLE 121.  BULGARIA INDUSTRIAL REFRIGERATION MARKET, BY COMPONENT, 2017-2026 ($MILLION)
TABLE 122.  BULGARIA INDUSTRIAL REFRIGERATION MARKET, BY REFRIGERANT TYPE, 2017-2026 ($MILLION)
TABLE 123.  BULGARIA INDUSTRIAL REFRIGERATION MARKET, BY APPLICATION, 2017-2026($MILLION)
TABLE 124.  BULGARIA INDUSTRIAL REFRIGERATION MARKET, BY TYPE, 2017-2026 ($MILLION)
TABLE 125.  SLOVAKIA INDUSTRIAL REFRIGERATION MARKET, BY OFFERING, 2017-2026 ($MILLION)
TABLE 126.  SLOVAKIA INDUSTRIAL REFRIGERATION MARKET, BY COMPONENT, 2017-2026 ($MILLION)
TABLE 127.  SLOVAKIA INDUSTRIAL REFRIGERATION MARKET, BY REFRIGERANT TYPE, 2017-2026 ($MILLION)
TABLE 128.  SLOVAKIA INDUSTRIAL REFRIGERATION MARKET, BY APPLICATION, 2017-2026($MILLION)
TABLE 129.  SLOVAKIA INDUSTRIAL REFRIGERATION MARKET, BY TYPE, 2017-2026 ($MILLION)
TABLE 130.  UKRAINE INDUSTRIAL REFRIGERATION MARKET, BY OFFERING, 2017-2026 ($MILLION)
TABLE 131.  UKRAINE INDUSTRIAL REFRIGERATION MARKET, BY COMPONENT, 2017-2026 ($MILLION)
TABLE 132.  UKRAINE INDUSTRIAL REFRIGERATION MARKET, BY REFRIGERANT TYPE, 2017-2026 ($MILLION)
TABLE 133.  UKRAINE INDUSTRIAL REFRIGERATION MARKET, BY APPLICATION, 2017-2026($MILLION)
TABLE 134.  UKRAINE INDUSTRIAL REFRIGERATION MARKET, BY TYPE, 2017-2026 ($MILLION)
TABLE 135.  REST OF EUROPE INDUSTRIAL REFRIGERATION MARKET, BY OFFERING, 2017-2026 ($MILLION)
TABLE 136.  REST OF EUROPE INDUSTRIAL REFRIGERATION MARKET, BY COMPONENT, 2017-2026 ($MILLION)
TABLE 137.  REST OF EUROPE INDUSTRIAL REFRIGERATION MARKET, BY REFRIGERANT TYPE, 2017-2026 ($MILLION)
TABLE 138.  REST OF EUROPE INDUSTRIAL REFRIGERATION MARKET, BY APPLICATION, 2017-2026 ($MILLION)
TABLE 139.  REST OF EUROPE INDUSTRIAL REFRIGERATION MARKET, BY TYPE, 2017-2026 ($MILLION)
TABLE 140.  ASIA-PACIFIC INDUSTRIAL REFRIGERATION MARKET, BY OFFERING, 2017-2026 ($MILLION)
TABLE 141.  ASIA-PACIFIC INDUSTRIAL REFRIGERATION MARKET, BY COMPONENT, 2017-2026 ($MILLION)
TABLE 142.  ASIA-PACIFIC INDUSTRIAL REFRIGERATION MARKET, BY REFRIGERANT TYPE, 2017-2026 ($MILLION)
TABLE 143.  ASIA-PACIFIC INDUSTRIAL REFRIGERATION MARKET, BY APPLICATION, 2017-2026 ($MILLION)
TABLE 144.  NORTH AMERICA INDUSTRIAL REFRIGERATION MARKET, BY TYPE, 2017-2026($MILLION)
TABLE 145.  ASIA-PACIFIC INDUSTRIAL REFRIGERATION MARKET REVENUE, BY COUNTRY, 2017-2026 ($MILLION)
TABLE 146.  CHINA INDUSTRIAL REFRIGERATION MARKET, BY OFFERING, 2017-2026 ($MILLION)
TABLE 147.  CHINA INDUSTRIAL REFRIGERATION MARKET, BY COMPONENT, 2017-2026 ($MILLION)
TABLE 148.  CHINA INDUSTRIAL REFRIGERATION MARKET, BY REFRIGERANT TYPE, 2017-2026 ($MILLION)
TABLE 149.  CHINA INDUSTRIAL REFRIGERATION MARKET, BY APPLICATION, 2017-2026 ($MILLION)
TABLE 150.  CHINA INDUSTRIAL REFRIGERATION MARKET, BY TYPE, 2017-2026 ($MILLION)
TABLE 151.  INDIA INDUSTRIAL REFRIGERATION MARKET, BY OFFERING, 2017-2026 ($MILLION)
TABLE 152.  INDIA INDUSTRIAL REFRIGERATION MARKET, BY COMPONENT, 2017-2026 ($MILLION)
TABLE 153.  INDIA INDUSTRIAL REFRIGERATION MARKET, BY REFRIGERANT TYPE, 2017-2026 ($MILLION)
TABLE 154.  INDIA INDUSTRIAL REFRIGERATION MARKET, BY APPLICATION, 2017-2026 ($MILLION)
TABLE 155.  INDIA INDUSTRIAL REFRIGERATION MARKET, BY TYPE, 2017-2026 ($MILLION)
TABLE 156.  JAPAN INDUSTRIAL REFRIGERATION MARKET, BY OFFERING, 2017-2026 ($MILLION)
TABLE 157.  JAPAN INDUSTRIAL REFRIGERATION MARKET, BY COMPONENT, 2017-2026 ($MILLION)
TABLE 158.  JAPAN INDUSTRIAL REFRIGERATION MARKET, BY REFRIGERANT TYPE, 2017-2026 ($MILLION)
TABLE 159.  JAPAN INDUSTRIAL REFRIGERATION MARKET, BY APPLICATION, 2017-2026 ($MILLION)
TABLE 160.  JAPAN INDUSTRIAL REFRIGERATION MARKET, BY TYPE, 2017-2026 ($MILLION)
TABLE 161.  AUSTRALIA INDUSTRIAL REFRIGERATION MARKET, BY OFFERING, 2017-2026 ($MILLION)
TABLE 162.  AUSTRALIA INDUSTRIAL REFRIGERATION MARKET, BY COMPONENT, 2017-2026 ($MILLION)
TABLE 163.  AUSTRALIA INDUSTRIAL REFRIGERATION MARKET, BY REFRIGERANT TYPE, 2017-2026 ($MILLION)
TABLE 164.  AUSTRALIA INDUSTRIAL REFRIGERATION MARKET, BY APPLICATION, 2017-2026 ($MILLION)
TABLE 165.  AUSTRALIA INDUSTRIAL REFRIGERATION MARKET, BY TYPE, 2017-2026 ($MILLION)
TABLE 166.  REST OF ASIA-PACIFIC INDUSTRIAL REFRIGERATION MARKET, BY OFFERING, 2017-2026 ($MILLION)
TABLE 167.  REST OF ASIA-PACIFIC INDUSTRIAL REFRIGERATION MARKET, BY COMPONENT, 2017-2026 ($MILLION)
TABLE 168.  REST OF ASIA-PACIFIC INDUSTRIAL REFRIGERATION MARKET, BY REFRIGERANT TYPE, 2017-2026 ($MILLION)
TABLE 169.  REST OF ASIA-PACIFIC INDUSTRIAL REFRIGERATION MARKET, BY APPLICATION, 2017-2026 ($MILLION)
TABLE 170.  REST OF ASIA-PACIFIC INDUSTRIAL REFRIGERATION MARKET, BY TYPE, 2017-2026 ($MILLION)
TABLE 171.  LAMEA INDUSTRIAL REFRIGERATION MARKET, BY OFFERING, 2017-2026 ($MILLION)
TABLE 172.  LAMEA INDUSTRIAL REFRIGERATION MARKET, BY COMPONENT, 2017-2026 ($MILLION)
TABLE 173.  LAMEA INDUSTRIAL REFRIGERATION MARKET, BY REFRIGERANT TYPE, 2017-2026 ($MILLION)
TABLE 174.  LAMEA INDUSTRIAL REFRIGERATION MARKET, BY APPLICATION, 2017-2026 ($MILLION)
TABLE 175.  LAMEA INDUSTRIAL REFRIGERATION MARKET, BY TYPE, 2017-2026($MILLION)
TABLE 176.  LAMEA INDUSTRIAL REFRIGERATION MARKET REVENUE, BY COUNTRY, 2017-2026 ($MILLION)
TABLE 177.  LATIN AMERICA INDUSTRIAL REFRIGERATION MARKET, BY OFFERING, 2017-2026 ($MILLION)
TABLE 178.  LATIN AMERICA INDUSTRIAL REFRIGERATION MARKET, BY COMPONENT, 2017-2026 ($MILLION)
TABLE 179.  LATIN AMERICA INDUSTRIAL REFRIGERATION MARKET, BY REFRIGERANT TYPE, 2017-2026 ($MILLION)
TABLE 180.  LATIN AMERICA INDUSTRIAL REFRIGERATION MARKET, BY APPLICATION, 2017-2026 ($MILLION)
TABLE 181.  LATIN AMERICA INDUSTRIAL REFRIGERATION MARKET, BY TYPE, 2017-2026 ($MILLION)
TABLE 182.  AFRICA INDUSTRIAL REFRIGERATION MARKET, BY OFFERING, 2017-2026 ($MILLION)
TABLE 183.  AFRICA INDUSTRIAL REFRIGERATION MARKET, BY COMPONENT, 2017-2026 ($MILLION)
TABLE 184.  AFRICA INDUSTRIAL REFRIGERATION MARKET, BY REFRIGERANT TYPE, 2017-2026 ($MILLION)
TABLE 185.  AFRICA INDUSTRIAL REFRIGERATION MARKET, BY APPLICATION, 2017-2026 ($MILLION)
TABLE 186.  AFRICA INDUSTRIAL REFRIGERATION MARKET, BY TYPE, 2017-2026 ($MILLION)
TABLE 187.  TURKEY INDUSTRIAL REFRIGERATION MARKET, BY OFFERING, 2017-2026 ($MILLION)
TABLE 188.  TURKEY INDUSTRIAL REFRIGERATION MARKET, BY COMPONENT, 2017-2026 ($MILLION)
TABLE 189.  TURKEY INDUSTRIAL REFRIGERATION MARKET, BY REFRIGERANT TYPE, 2017-2026 ($MILLION)
TABLE 190.  TURKEY INDUSTRIAL REFRIGERATION MARKET, BY APPLICATION, 2017-2026 ($MILLION)
TABLE 191.  TURKEY INDUSTRIAL REFRIGERATION MARKET, BY TYPE, 2017-2026 ($MILLION)
TABLE 192.  KAZAKHSTAN INDUSTRIAL REFRIGERATION MARKET, BY OFFERING, 2017-2026 ($MILLION)
TABLE 193.  KAZAKHSTAN INDUSTRIAL REFRIGERATION MARKET, BY COMPONENT, 2017-2026 ($MILLION)
TABLE 194.  KAZAKHSTAN INDUSTRIAL REFRIGERATION MARKET, BY REFRIGERANT TYPE, 2017-2026 ($MILLION)
TABLE 195.  KAZAKHSTAN INDUSTRIAL REFRIGERATION MARKET, BY APPLICATION, 2017-2026 ($MILLION)
TABLE 196.  KAZAKHSTAN INDUSTRIAL REFRIGERATION MARKET, BY TYPE, 2017-2026 ($MILLION)
TABLE 197.  REST OF MIDDLE EAST INDUSTRIAL REFRIGERATION MARKET, BY OFFERING, 2017-2026 ($MILLION)
TABLE 198.  REST OF MIDDLE EAST INDUSTRIAL REFRIGERATION MARKET, BY COMPONENT, 2017-2026 ($MILLION)
TABLE 199.  REST OF MIDDLE EAST INDUSTRIAL REFRIGERATION MARKET, BY REFRIGERANT TYPE, 2017-2026 ($MILLION)
TABLE 200.  REST OF MIDDLE EAST INDUSTRIAL REFRIGERATION MARKET, BY APPLICATION, 2017-2026 ($MILLION)
TABLE 201.  REST OF MIDDLE EAST INDUSTRIAL REFRIGERATION MARKET, BY TYPE, 2017-2026 ($MILLION)
TABLE 202.  DAIKIN: KEY EXECUTIVES
TABLE 203.  DAIKIN: COMPANY SNAPSHOT
TABLE 204.  DAIKIN: OPERATING SEGMENTS
TABLE 205.  DAIKIN: PRODUCT PORTFOLIO
TABLE 206.  DANFOSS: KEY EXECUTIVES
TABLE 207.  DANFOSS: COMPANY SNAPSHOT
TABLE 208.  DANFOSS: OPERATING SEGMENTS
TABLE 209.  DANFOSS: PRODUCT PORTFOLIO
TABLE 210.  EMERSON: KEY EXECUTIVES
TABLE 211.  EMERSON: COMPANY SNAPSHOT
TABLE 212.  EMERSON: OPERATING SEGMENTS
TABLE 213.  EMERSON: PRODUCT PORTFOLIO
TABLE 214.  EVAPCO: KEY EXECUTIVES
TABLE 215.  EVAPCO: COMPANY SNAPSHOT
TABLE 216.  EVAPCO: PRODUCT PORTFOLIO
TABLE 217.  GEA: KEY EXECUTIVES
TABLE 218.  GEA: COMPANY SNAPSHOT
TABLE 219.  EMERSON: OPERATING SEGMENTS
TABLE 220.  GEA: PRODUCT PORTFOLIO
TABLE 221.  INGERSOLL-RAND: KEY EXECUTIVES
TABLE 222.  INGERSOLL-RAND: COMPANY SNAPSHOT
TABLE 223.  INGERSOLL-RAND: OPERATING SEGMENTS
TABLE 224.  INGERSOLL-RAND: PRODUCT PORTFOLIO
TABLE 225.  JOHNSON CONTROLS: KEY EXECUTIVES
TABLE 226.  JOHNSON CONTROLS: COMPANY SNAPSHOT
TABLE 227.  JOHNSON CONTROLS: OPERATING SEGMENTS
TABLE 228.  JOHNSON CONTROLS: PRODUCT PORTFOLIO
TABLE 229.  LU-VE: KEY EXECUTIVES
TABLE 230.  LU-VE: COMPANY SNAPSHOT
TABLE 231.  LU-VE: OPERATING SEGMENTS
TABLE 232.  LU-VE: PRODUCT PORTFOLIO
TABLE 233.  MAYEKAWA: KEY EXECUTIVES
TABLE 234.  MAYEKAWA: COMPANY SNAPSHOT
TABLE 235.  MAYEKAWA: PRODUCT PORTFOLIO
TABLE 236.  UTC : KEY EXECUTIVES
TABLE 237.  UTC : COMPANY SNAPSHOT
TABLE 238.  UTC: OPERATING SEGMENTS
TABLE 239.  UTC: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.  GLOBAL INDUSTRIAL REFRIGERATION MARKET, 2017–2026
FIGURE 02.  GLOBAL INDUSTRIAL REFRIGERATION MARKET: KEY PLAYERS
FIGURE 03.  TOP INVESTMENT POCKETS
FIGURE 04.  TOP WINNING STRATEGIES, BY YEAR, 2017–2019
FIGURE 05.  TOP WINNING STRATEGIES, BY DEVELOPMENT, 2017–2019 (%)
FIGURE 06.  TOP WINNING STRATEGIES, BY COMPANY, 2017–2019 (%)
FIGURE 07.  HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 08.  HIGH BARGAINING POWER OF BUYERS
FIGURE 09.  MODERATE THREAT OF SUBSTITUTES
FIGURE 10.  MODERATE THREAT OF NEW ENTRANTS
FIGURE 11.  MODERATE COMPETITIVE RIVALRY
FIGURE 12.  KEY PLAYER POSITIONING
FIGURE 13.  GLOBAL INDUSTRIAL REFRIGERATION MARKET: DRIVERS, RESTRAINTS, AND OPPORTUNITIES
FIGURE 14.  INDUSTRIAL REFRIGERATORS MARKET, BY COUNTRY, 2017 & 2026 (%)
FIGURE 15.  INDUSTRIAL REFRIGERATION COMPONENTS MARKET, BY COUNTRY, 2017 & 2026 (%)
FIGURE 16.  COMPRESSORS FOR INDUSTRIAL REFRIGERATION MARKET, BY COUNTRY, 2017 & 2026 (%)
FIGURE 17.  CONDENSERS FOR INDUSTRIAL REFRIGERATION MARKET, BY COUNTRY, 2017 & 2026 (%)
FIGURE 18.  EVAPORATORS FOR INDUSTRIAL REFRIGERATION MARKET, BY COUNTRY, 2017 & 2026 (%)
FIGURE 19.  CONTROLS FOR INDUSTRIAL REFRIGERATION MARKET, BY COUNTRY, 2017 & 2026 (%)
FIGURE 20.  OTHERS INDUSTRIAL REFRIGERATION MARKET, BY COUNTRY, 2017 & 2026 (%)
FIGURE 21.  AMMONIA INDUSTRIAL REFRIGERATION MARKET, BY COUNTRY, 2017 & 2026 (%)
FIGURE 22.  CARBON DIOXIDE INDUSTRIAL REFRIGERATION MARKET, BY COUNTRY, 2017 & 2026 (%)
FIGURE 23.  HFC REFRIGERATION MARKET, BY COUNTRY, 2017 & 2026 (%)
FIGURE 24.  OTHERS INDUSTRIAL REFRIGERATION MARKET, BY COUNTRY, 2017 & 2026 (%)
FIGURE 25.  FRUITS & VEGETABLE PROCESSING INDUSTRIAL REFRIGERATION MARKET, BY COUNTRY, 2017 & 2026 (%)
FIGURE 26.  DAIRY & ICE CREAM PROCESSING INDUSTRIAL REFRIGERATION MARKET, BY COUNTRY, 2017 & 2026 (%)
FIGURE 27.  BEVERAGES INDUSTRIAL REFRIGERATION MARKET, BY COUNTRY, 2017 & 2026 (%)
FIGURE 28.  CHEMICALS INDUSTRIAL REFRIGERATION MARKET, BY COUNTRY, 2017 & 2026 (%)
FIGURE 29.  PHARMACEUTICAL INDUSTRIAL REFRIGERATION MARKET, BY COUNTRY, 2017 & 2026 (%)
FIGURE 30.  OTHERS INDUSTRIAL REFRIGERATION MARKET, BY COUNTRY, 2017 & 2026 (%)
FIGURE 31.  INDUSTRIAL REFRIGERATION FOR STATIONARY REFRIGERATION MARKET, BY COUNTRY, 2017 & 2026 (%)
FIGURE 32.  INDUSTRIAL REFRIGERATION FOR TRANSPORT REFRIGERATION MARKET, BY COUNTRY, 2017 & 2026 (%)
FIGURE 33.  U.S. INDUSTRIAL REFRIGERATION MARKET REVENUE, 2017-2026 ($MILLION)
FIGURE 34.  CANADA INDUSTRIAL REFRIGERATION MARKET REVENUE, 2017-2026 ($MILLION)
FIGURE 35.  MEXICO INDUSTRIAL REFRIGERATION MARKET REVENUE, 2017-2026 ($MILLION)
FIGURE 36.  UK INDUSTRIAL REFRIGERATION MARKET REVENUE, 2017-2026 ($MILLION)
FIGURE 37.  GERMANY INDUSTRIAL REFRIGERATION MARKET REVENUE, 2017-2026 ($MILLION)
FIGURE 38.  FRANCE INDUSTRIAL REFRIGERATION MARKET REVENUE, 2017-2026 ($MILLION)
FIGURE 39.  RUSSIA INDUSTRIAL REFRIGERATION MARKET REVENUE, 2017-2026 ($MILLION)
FIGURE 40.  BELARUS INDUSTRIAL REFRIGERATION MARKET REVENUE, 2017-2026 ($MILLION)
FIGURE 41.  CROATIA INDUSTRIAL REFRIGERATION MARKET REVENUE, 2017-2026 ($MILLION)
FIGURE 42.  CZECH REPUBLIC INDUSTRIAL REFRIGERATION MARKET REVENUE, 2017-2026 ($MILLION)
FIGURE 43.  HUNGARY INDUSTRIAL REFRIGERATION MARKET REVENUE, 2017-2026 ($MILLION)
FIGURE 44.  LITHUANIA INDUSTRIAL REFRIGERATION MARKET REVENUE, 2017-2026 ($MILLION)
FIGURE 45.  POLAND INDUSTRIAL REFRIGERATION MARKET REVENUE, 2017-2026 ($MILLION)
FIGURE 46.  ROMANIA INDUSTRIAL REFRIGERATION MARKET REVENUE, 2017-2026 ($MILLION)
FIGURE 47.  SERBIA AND MONTENEGRO INDUSTRIAL REFRIGERATION MARKET REVENUE, 2017-2026 ($MILLION)
FIGURE 48.  BULGARIA INDUSTRIAL REFRIGERATION MARKET REVENUE, 2017-2026 ($MILLION)
FIGURE 49.  SLOVAKIA INDUSTRIAL REFRIGERATION MARKET REVENUE, 2017-2026 ($MILLION)
FIGURE 50.  UKRAINE INDUSTRIAL REFRIGERATION MARKET REVENUE, 2017-2026 ($MILLION)
FIGURE 51.  REST OF EUROPE INDUSTRIAL REFRIGERATION MARKET REVENUE, 2017-2026 ($MILLION)
FIGURE 52.  CHINA INDUSTRIAL REFRIGERATION MARKET REVENUE, 2017-2026 ($MILLION)
FIGURE 53.  INDIA INDUSTRIAL REFRIGERATION MARKET REVENUE, 2017-2026 ($MILLION)
FIGURE 54.  JAPAN INDUSTRIAL REFRIGERATION MARKET REVENUE, 2017-2026 ($MILLION)
FIGURE 55.  AUSTRALIA INDUSTRIAL REFRIGERATION MARKET REVENUE, 2017-2026 ($MILLION)
FIGURE 56.  REST OF ASIA-PACIFIC INDUSTRIAL REFRIGERATION MARKET REVENUE, 2017-2026 ($MILLION)
FIGURE 57.  LATIN AMERICA INDUSTRIAL REFRIGERATION MARKET REVENUE, 2017-2026 ($MILLION)
FIGURE 58.  AFRICA INDUSTRIAL REFRIGERATION MARKET REVENUE, 2017-2026 ($MILLION)
FIGURE 59.  TURKEY INDUSTRIAL REFRIGERATION MARKET REVENUE, 2017-2026 ($MILLION)
FIGURE 60.  KAZAKHSTAN INDUSTRIAL REFRIGERATION MARKET REVENUE, 2017-2026 ($MILLION)
FIGURE 61.  REST OF MIDDLE EAST INDUSTRIAL REFRIGERATION MARKET REVENUE, 2017-2026 ($MILLION)
FIGURE 62.  DAIKIN: R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 63.  DAIKIN: REVENUE, 2017–2019 ($MILLION)
FIGURE 64.  DAIKIN: REVENUE SHARE, BY SEGMENT, 2019 (%)
FIGURE 65.  DAIKIN: REVENUE SHARE, BY REGION, 2019 (%)
FIGURE 66.  DANFOSS: R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 67.  DANFOSS: REVENUE, 2016–2018 ($MILLION)
FIGURE 68.  DANFOSS: REVENUE SHARE, BY SEGMENT, 2018 (%)
FIGURE 69.  DANFOSS: REVENUE SHARE, BY REGION, 2018 (%)
FIGURE 70.  EMERSON: R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 71.  EMERSON: REVENUE, 2016–2018 ($MILLION)
FIGURE 72.  EMERSON: REVENUE SHARE, BY SEGMENT, 2018 (%)
FIGURE 73.  EMERSON: REVENUE SHARE, BY REGION, 2018 (%)
FIGURE 74.  GEA: R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 75.  GEA: REVENUE, 2016–2018 ($MILLION)
FIGURE 76.  GEA: REVENUE SHARE, BY SEGMENT, 2018 (%)
FIGURE 77.  GEA: REVENUE SHARE, BY REGION, 2018 (%)
FIGURE 78.  INGERSOLL-RAND: R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 79.  INGERSOLL-RAND: REVENUE, 2016–2018 ($MILLION)
FIGURE 80.  INGERSOLL-RAND: REVENUE SHARE, BY SEGMENT, 2018 (%)
FIGURE 81.  INGERSOLL-RAND: REVENUE SHARE, BY REGION, 2018 (%)
FIGURE 82.  JOHNSON CONTROLS: R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 83.  JOHNSON CONTROLS: REVENUE, 2017–2019 ($MILLION)
FIGURE 84.  JOHNSON CONTROLS: REVENUE SHARE, BY SEGMENT, 2019 (%)
FIGURE 85.  JOHNSON CONTROLS: REVENUE SHARE, BY REGION, 2019 (%)
FIGURE 86.  LU-VE: R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 87.  LU-VE: REVENUE, 2016–2018 ($MILLION)
FIGURE 88.  LU-VE: REVENUE SHARE, BY SEGMENT, 2018 (%)
FIGURE 89.  LU-VE: REVENUE SHARE, BY REGION, 2018 (%)
FIGURE 90.  UTC: R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 91.  UTC: REVENUE, 2016–2018 ($MILLION)
FIGURE 92.  UTC: REVENUE SHARE, BY SEGMENT, 2018 (%)
FIGURE 93.  UTC: REVENUE SHARE, BY REGION, 2018 (%)

 
 

Industrial refrigeration and cooling systems are used to dissipate the heat from a low-temperature substance to a high-temperature substance. These systems are deployed in large freezing and refrigeration plants for various industrial applications. Thus, their demand is expected to increase across various industries such as refrigerated warehouses, food & beverage processing, cold storage, and others. However, Asia-Pacific contributes to the highest revenue share in the global industrial refrigeration market and is projected to secure the leading position in the market during the forecast period.

The market players focus on developing new products to achieve high efficiency & performance. For instance, in March 2018, Carrier Transicold collaborated with Singamas Container Holdings Ltd. to develop PrimeLINE ONE, a new refrigerated shipping container.

Industrial refrigeration systems are used for cooling gigantic freezers and refrigeration plants that are used in food & beverage processing, cold storage, and others. Asia-Pacific has secured highest share in the industrial refrigeration market in past years and is expected to dominate the market during the forecast period, owing to increase in demand for industrial refrigeration systems in refrigerated warehouses and cold storage facilities in the food & beverage industry.

Key players in the global industrial refrigeration market include Daikin Industries, Ltd., Emerson Electric Co., Evapco, Inc., GEA Group AG, Johnson Controls, Inc., Ingersoll Rand Plc, LU-VE Group, Mayekawa Mfg. Co. Ltd., The Danfoss Group, and United Technologies Corporation. Market players adopt product launch as their key developmental strategy to keep pace with the demands of end users. Acquisitions and expansions are the other strategies adopted by market players to expand their refrigeration system offerings and boost their production processes. This has helped companies to develop efficient products as well as expand their sales across different geographies.

 

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FREQUENTLY ASKED QUESTIONS?
 

A. The industrial refrigeration market was valued at $19,666 million in 2018 and expected to reach $29,133 million in 2026.

A. The applications of industrial refrigeration systems are in Fresh Fruits & Vegetables, Meat, Poultry, & Fish, Dairy & Ice Cream, Beverages, Chemicals, Pharmaceuticals, and Others.

A. The industrial refrigeration market is expanding at a CAGR of 4.9% from 2019 to 2026.

A. The industrial refrigeration market is expanding at a CAGR of 4.9% from 2019 to 2026.

A. The Asia-pacific region of the industrial refrigeration market is expected to drive the market due to the growing consumption of packaged food & beverages and high need of industrial refrigeration.

A. The market size of Industrial refrigeration market was valued at $19,666 million in 2018.

A. Factors such as increased consumption of packaged food and beverages, rise in adoption of energy-efficient & eco-friendly refrigerants, and use of IoT-enabled refrigeration solutions for equipment monitoring are affecting the growth of the industrial refrigeration market.

A. Business expansion and product launch are some of strategies that are majorly adopted by the players in the industrial refrigeration market.

A. Asia-Pacific region had the highest market share in the industrial refrigeration market in 2018 and is expected to remain highest during the forecast period.

A. The industrial refrigeration market was valued at $19,666 million in 2018.

 

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