Pune, Maharastra -- (SBWIRE) -- 02/03/2016 -- The analysts forecast global industrial refrigeration market to grow at a CAGR of 6.72% during the period 2016-2020. 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.
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This 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
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This report, Global Industrial Refrigeration Systems Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. This 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
Key vendors – Dell, HP, Toshiba, Lenovo
Market driver - Consolidation of market vendors
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Market challenge - Increased safety and environmental requirements
Market trend - Increasing pressure requirements for components
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?
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