Industrial Refrigeration Equipment Market report sheds light on supply chains and changes in trends of upstream raw materials and downstream distributors
NEW YORK, NY, USA, March 8, 2022 /EINPresswire.com/ — The newly released Global Industrial Refrigeration Equipment Market research report by Reports and Data is a comprehensive guide for business development and work . The report majorly focuses on the major Industrial Refrigeration Equipment market players along with insightful information on company profiles, product portfolio, price analysis, production and manufacturing capacity and estimates. revenues. The global industrial refrigeration equipment market is expected to grow at a high CAGR during the forecast period 2021-2027. Rising investments and technological advancements are expected to significantly boost the market growth throughout the forecast period. The report also covers import-export ratio, supply and demand statistics, revenue and gross margins.
The report contains detailed data on the market scenario and financial structure due to the coronavirus pandemic. The report provides substantial data on the current and future impact of COVID-19 on the market. It covers an in-depth analysis of present and future trends and factors that are likely to influence market growth in a post-pandemic scenario.
Key companies profiled in the report include:
• Johnson Controls
• Ingersoll Rand
• United technologies
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The manufacturing and construction industry has been growing rapidly in terms of revenue over the past few years and is expected to record robust revenue growth throughout the forecast period. Factors such as technological advancements in manufacturing techniques and rapid urbanization and industrialization are driving the market revenue growth. Moreover, there has been a sudden surge in the demand for smart buildings and smart homes and consumers are turning towards green energy and eco-friendly construction activities due to growing environmental concerns. These factors along with the latest trend in redevelopment and advanced flooring for aesthetic appearance and the increasing adoption of automation across the globe are fueling the growth of the market. In addition, government programs and increased investment to develop improved products are expected to open up favorable growth opportunities in the future.
By Refrigerant Type (Revenue, USD Million; 2017-2027)
• Carbon dioxide
• Others (HFCs, HCFCs, HCs, HFOs)
By Application (Revenue, USD Million; 2017-2027)
• Refrigerated warehouses
• Processing of fruits and vegetables
• Food and beverage processing
• Meat, poultry and fish processing
• Processing of dairy products and ice cream
• Chemicals, Petrochemicals and Pharmaceuticals
• Refrigerated transport
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The research study includes an in-depth analysis of the market using advanced research methodologies such as SWOT analysis and Porter’s Five Forces analysis. The report further explores key business players along with their in-depth profiling, product portfolio, and strategic business decisions. The report has been formulated through extensive primary and secondary research and validated by analysts, industry experts, and market professionals. The report also sheds light on recent mergers and acquisitions, joint ventures, collaborations, partnerships, and product launches, among others.
The regional analysis covers import/export valuation, production and consumption ratio, supply and demand, cost, price, estimated revenue and gross margins, and the presence of key players in the region. the region. The report also offers information on revenue growth, market size, market share, technological advancements, and the presence of key players in each region.
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The regional bifurcation of the Industrial Refrigeration Equipment Market includes:
• North America (United States, Canada, Mexico)
• Europe (UK, Italy, Germany, France, Rest of Europe)
• Asia-Pacific (India, Japan, China, South Korea, Australia, rest of APAC)
• Latin America (Chile, Brazil, Argentina, rest of Latin America)
• Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa, Rest of MEA)
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