Global Industrial Refrigeration Market Size, Share, Development, Growth and Demand Forecast to 2020 By P&S Market Research
The global industrial refrigeration market is expected to grow from $22,571
million in 2014, and reach $33,904 million in 2020, with a CAGR of 7.1%. Evaporator
unit, industrial racks, and compressor together accounted about 64% share of
the global industrial refrigeration market in 2014. The growth of food
processing industries, in addition to the expansion of refrigerated warehouses
in developing countries, such as India, China, and Brazil, is expected to boost
the demand of industrial refrigeration during the forecast period. The growth
in outsourcing of pharmaceutical manufacturing facility by developed countries
has lifted up the demand of pharmaceuticals cold chain supply and logistic in
recent years.
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Industrial
refrigeration stereotypically plays an important role among various
manufacturing facilities in chemicals, and oil & gas industry. The
industrial refrigeration system is an efficient combination of different
electrical and mechanical components including compressors, heat exchangers,
evaporators, racks and others; while the component used for the system may be
in distinct parts, from more than one manufacturer. The parts such as
compressor, heat exchangers, and evaporator unit are assembled under a custom
engineered system by the installation service providers.
The market in
Asia–Pacific, Latin America and emerging countries of Middle-East have shown
promising growth during the past few years. The European market is heading
towards maturity, and it is expected to witness a below average growth during
the forecast period. The growth of the industrial refrigeration equipment
market in the European countries is mainly anticipated due to replacement of
existing industrial refrigeration parts
The information and data in the publication “Global Industrial Refrigeration Market Size, Share, Development, Growth
and Demand Forecast to 2020 – Industry Insights by Type (Evaporator Unit,
Industrial Racks, Compressor, Heat Exchangers, Other Industrial Refrigeration
Units)” represent the research and analysis of data from various primary
and secondary sources. Both, Top-down and Bottom-up approach has been used to
calculate the global Industrial Refrigeration market by type and by technology.
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INDUSTRIAL REFRIGERATION MARKET SEGMENTATION
By Type
Evaporator Unit
Industrial Racks
Industrial racks market breakdown by technology
Open Reciprocating
By Type
Evaporator Unit
Industrial Racks
Industrial racks market breakdown by technology
Open Reciprocating
Open Screw
Compressor
Compressor market breakdown by technology
Open Reciprocating
Open Screw
Other
Heat exchangers
Heat exchangers market breakdown by technology
Brazed Plate
Shell & Tube/Coaxial
GEOGRAPHICAL
SEGMENTATION
By
Region
· North
America
U.S
C Canada
E Europe
U U.K
Germany
Franse
I Italy
Spain
Russia
Asia-Pacific
China
Japan
India
Table of Content
Chapter 1. Introduction
1.1 Market Definition
1.2 Market Scope
Chapter 2. Executive Summary
2.1 Key Findings
2.2 Research Summary
Chapter 3. Market Outlook
3.1 Introduction
3.2 Opportunities in the Market
Chapter 4. Global Industrial Refrigeration Market Size &
Forecasts, 2011–2020
4.1 Global Industrial Refrigeration Market
Breakdown by Geography
4.2 Global Industrial Refrigeration Market
Breakdown by Type
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