Industrial Refrigeration Systems Market to Grow at a Stable Rate

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The Industrial Refrigeration Systems Market is forecasted to attain $33,614.3 Million value by 2023. The market has been witnessing considerable growth, mainly due to factors such as growing food and beverages processing industry and rising cold chain industry, globally.

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Industrial Refrigeration Systems Market

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2 Global Industrial Refrigeration Systems Market © PS Intelligence. All rights reserved The Industrial Refrigeration Systems Market is forecasted to attain 33614.3 Million value by 2023. The market has been witnessing considerable growth mainly due to factors such as growing food and beverages processing industry and rising cold chain industry globally. Based on equipment type the industrial refrigeration systems market is categorized into compressors condensers evaporators controls and others pumps valves vessels and auxiliary equipment. The compressor category accounted for highest revenue share in 2017 as compressor is a major part of the initial cost of the equipment. Request Sample Copy of Report :: https://www.psmarketresearch.com/market- analysis/industrial-refrigeration-equipment-market/report-sample Based on the refrigerant type the industrial refrigeration systems market is categorized into ammonia carbon dioxide CO2 hydrofluorocarbons HFC and others wherein others include chlorofluorocarbon CFC hydrochlorofluorocarbon HCFC fluorocarbon FC hydrocarbon HC Air and Water H2O. The use of environment friendly refrigerants exhibited to be one of the key trends in the market. The environment friendly refrigerants have low Global Warming Potential GWP and do not deplete ozone layer in the atmosphere. Also governments in several countries have adopted stringent regulations towards the use of halogen-based refrigerants to support the adoption of these refrigerants. Moreover globally HFC is being phased out as per the Montreal Protocol an international treaty designed to protect ozone layer. The rules came into effect in 2007 after being ratified by 196 countries and the European Union. Read summary of report here :: https://www.psmarketresearch.com/market- analysis/industrial-refrigeration-equipment-market/

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3 Global Industrial Refrigeration Systems Market © PS Intelligence. All rights reserved Some of the major players operating in the global industrial refrigeration systems market include Ingersoll Rand plc United Technologies Corporation Emerson Electric Co. Danfoss A/S Industrial Frigo SRL. GEA Group Aktiengesellschaft BITZER Kühlmaschinenbau GmbH Star Refrigeration Ltd. Daikin Industries Ltd Dover Corporation Hussmann Corporation Johnson Controls International plc and Mayekawa Mfg. Co. Ltd. Global Industrial Refrigeration Systems Market Segmentation Market Segmentation by Equipment Type • Compressors o Reciprocating o Screw o Centrifugal o Scroll • Condensers o Air-cooled o Evaporative o Water-cooled • Evaporators o Shell and tube o Bare tube o Finned o Plate • Controls • Others includes pumps valves vessels and auxiliary equipment

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4 Global Industrial Refrigeration Systems Market © PS Intelligence. All rights reserved Kindly write to: enquirypsmarketresearch.com B-13 Sector – 2 Noida U.P. – 201301 INDIA Contact No: +91 120 4541 337 US/Canada Toll-Free: 1-888-778-7886 Disclaimer: PS Intelligence always keeps customers interest at the core while carrying out research activities. PS Intelligence ensures the reliability and accuracy of information and data provided in its market research publications. However the information in publications is subject to fluctuations as they are based on primary interviews of officials from various companies or organizations. PS Intelligence is not responsible for any incorrect data provided to us by the key industry players of the concerned domain. The information or analysis in PS Intelligence publications represents opinion based on research and should not be interpreted as statements of fact. The information in this report were believed to be correct at the time of publication but cannot be guaranteed. PS Intelligence does not endorse any product service or vendor depicted in its research publications. All intellectual property including trademarks and copyrights belong to their respective owners and may be protected by copyright. Under no circumstance may these be reproduced in any form without the prior written agreement of its owner. An order for market research report is intended for internal use of the company alone and not for disclosure to third parties or any publication in general. No service report or part thereof provided by PS Intelligence can be reproduced republished resold revealed distributed circulated or sublicensed in any medium or form now realized or hereafter become realized including and not limited to all forms of optical-based media magnetic electronic or digital without a written permission from PS Intelligence.

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