Global Industrial Refrigeration Market 2016-2020

Jan 28, 2016, 16:45 ET from Reportlinker

NEW YORK, Jan. 28, 2016 /PRNewswire/ -- About Industrial Refrigeration Systems

Industrial refrigeration systems find application mainly in the food processing, oil and gas, and chemicals and pharmaceuticals industries. Though industrial refrigeration systems are very similar to commercial and residential refrigeration systems, certain parameters are defined, which qualifies them for industrial use. The parameters are – size, Refrigerant, System types and Load temperature.

Technavio's analysts forecast the global industrial refrigeration market to grow at a CAGR of 6.72% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global industrial refrigeration systems market for 2016-2020. To calculate the market size, the report considers the revenue generated by the sale of industrial refrigeration systems offered by market vendors.

The market is divided into the following segments based on end-user:
- Food processing industry
- Oil and gas industry
- Chemical/pharmaceutical industry

Technavio's report, Global Industrial Refrigeration Systems Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Daikin
- Danfoss
- GEA Group
- Johnson Controls
- Trane

Other prominent vendors
- Dover
- AHT Cooling Systems
- Star Refrigeration Ltd.
- BITZER Kühlmaschinenbau GmbH
- Industrial Frigo S.R.L.
- CIMCO Refrigeration

Market driver
- Consolidation of market vendors
- For a full, detailed list, view our report

Market challenge
- Increased safety and environmental requirements
- For a full, detailed list, view our report

Market trend
- Increasing pressure requirements for components
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

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