Industrial Refrigeration Systems Market in Asia Pacific would register a CAGR of 5.1% during 2020-2026

Published Date: 15-Oct-2020

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According to a new report Asia Pacific Industrial Refrigeration Systems Market, published by KBV research, the Asia Pacific Industrial Refrigeration Systems Market would witness market growth of 5.1% CAGR during the forecast period (2020-2026).

The China market dominated the Asia Pacific Controls Industrial Refrigeration Systems Market by Country in 2019, growing at a CAGR of 5 % during the forecast period. The Japan market is experiencing a CAGR of 6.4% during (2020 - 2026). Additionally, The India market is poised to grow at a CAGR of 7.7% during (2020 - 2026).

The Compressors market dominated the South Korea Industrial Refrigeration Systems Market by Component in 2019, growing at a CAGR of 5.9 % during the forecast period. The Condensers market is exhibiting a CAGR of 6.8% during (2020 - 2026). Additionally, The Evaporators market is estimated to grow at a CAGR of 7.1% during (2020 - 2026).

The Food & Beverages market dominated the Malaysia Industrial Refrigeration Systems Market by Application in 2019, thereby, achieving a market value of $285.9 million by 2026. The Refrigerated Warehouse market would showcase a CAGR of 7.9% during (2020 - 2026). Additionally, The Chemical, Petrochemical, & Pharmaceutical market is expected to witness a CAGR of 9.9% during (2020 - 2026).

Structural Insights: https://www.kbvresearch.com/asia-pacific-industrial-refrigeration-systems-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the mentioned countries. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Johnson Controls International PLC, Emerson Electric Co., The Danfoss Group, Daikin Industries, Ltd., Trane Technologies PLC, Dover Corporation, Mayekawa Mfg. Co., Ltd., Bitzer SE, Evapco, Inc., and Guntner GmbH & Co. KG.

Asia Pacific Industrial Refrigeration Systems Market Segmentation

By Component

  • Compressors
  • Condensers
  • Evaporators
  • Controls
  • Others

By Application

  • Food & Beverages
  • Refrigerated Warehouse
  • Chemical, Petrochemical, & Pharmaceutical
  • Refrigerated Transportation

By Country

  • China Industrial Refrigeration Systems Market
  • Japan Industrial Refrigeration Systems Market
  • India Industrial Refrigeration Systems Market
  • South Korea Industrial Refrigeration Systems Market
  • Singapore Industrial Refrigeration Systems Market
  • Malaysia Industrial Refrigeration Systems Market
  • Rest of Asia Pacific Industrial Refrigeration Systems Market

Companies Profiled

  • Johnson Controls International PLC
  • Emerson Electric Co.
  • The Danfoss Group
  • Daikin Industries, Ltd.
  • Trane Technologies PLC
  • Dover Corporation
  • Mayekawa Mfg. Co., Ltd.
  • Bitzer SE
  • Evapco, Inc.
  • Guntner GmbH & Co. KG

Unique Offerings from KBV Research

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