Global Industrial Refrigeration Coolers Market Growth 2023-2029

Global Industrial Refrigeration Coolers Market Growth 2023-2029

Industrial refrigeration isn’t air conditioning—it goes beyond that, both in scale and in the little details. Industrial refrigeration can be defined as the equipment and accessories projected to remove heat from large-scale processes or materials, lowering the temperature to a desired value. Depending on different parameters like the production scale, temperature difference, accuracy or expected temperature, there are multiple methods used to apply industrial refrigeration. Industrial refrigeration has been of paramount importance since the early years of the twentieth century. Historically, industries like Food and Beverages, Pharmaceuticals or Petrochemicals, achieved important developments thanks to systems indicated for reducing the temperature of their products or processes, or conserving them in optimal conditions to avoid safety issues. In industries where bioprocesses are involved, products and processes have to be developed and stored in ideal conditions to achieve the maximum yield in reactions, or to avoid the decay of products. Sometimes refrigeration is necessary to maintain safe conditions in the process or product to avoid accidents or chain reactions, e.g. in compounds with a low boiling point. In addition, cooling may be applied to have an adequate environment for people or machines to work, like in industries where high amounts of heat are produced or for equipment that needs to dissipate the heat generated.

LPI (LP Information)' newest research report, the “Industrial Refrigeration Coolers Industry Forecast” looks at past sales and reviews total world Industrial Refrigeration Coolers sales in 2022, providing a comprehensive analysis by region and market sector of projected Industrial Refrigeration Coolers sales for 2023 through 2029. With Industrial Refrigeration Coolers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Industrial Refrigeration Coolers industry.

This Insight Report provides a comprehensive analysis of the global Industrial Refrigeration Coolers landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Industrial Refrigeration Coolers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Industrial Refrigeration Coolers market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial Refrigeration Coolers and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Industrial Refrigeration Coolers.

The global Industrial Refrigeration Coolers market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Industrial Refrigeration Coolers is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Industrial Refrigeration Coolers is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Industrial Refrigeration Coolers is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Industrial Refrigeration Coolers players cover Johnson Controls, Lu-Ve SPA, Evapco, Thermofin, Emerson, Daikin Industries, Walter Roller, Modine Manufacturing and Lennox, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Industrial Refrigeration Coolers market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
HFC/HFO
NH3
CO2
Glycol
Others

Segmentation by application
Refrigerated Warehouses
Fruit & Vegetable Processing
Beverage Processing
Dairy & Ice-cream Processing
Meat, Poultry, & Fish Processing
Special Applications

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Johnson Controls
Lu-Ve SPA
Evapco
Thermofin
Emerson
Daikin Industries
Walter Roller
Modine Manufacturing
Lennox
Kelvion Holding
Rivacold
H. Güntner

Key Questions Addressed in this Report

What is the 10-year outlook for the global Industrial Refrigeration Coolers market?

What factors are driving Industrial Refrigeration Coolers market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Industrial Refrigeration Coolers market opportunities vary by end market size?

How does Industrial Refrigeration Coolers break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.