The global industrial refrigeration market is expected to grow at a CAGR of 7.2% during 2016-2022. Among the various product types, the evaporation units segment held the largest share in the global industrial refrigeration market in 2015.
The concern over ozone layer depletion has been taken up very seriously by the governments worldwide. Globally, the government has adopted stringent regulations towards the use of fluorochemicals, as a refrigerant. The technology has changed in recent years from ‘F’ gas to natural refrigerant. The developed countries of Europe and North America are using ammonia, as an industrial refrigerant from a long time. However, the small and medium sized refrigerated warehouses and food processing industries in the developing countries of Asia-Pacific have started following F-gas regulations recently, due to increasing international pressure for the adoption of Montreal Protocol.
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The technological advancement in industrial refrigeration facilitated superior energy efficiency. Atlas Copco is an industrial compressor manufacturer, which launched GA VSD+, a range of oil-injected and compact rotary screw compressors that consume 50% less power, as compared to a conventional load type compressor of the same capacity. The reduction in thermal resistance of the heat exchangers are increasing the throughput and power efficiency of industrial heat exchangers in the chemicals, and energy sector.
The information and data in the publication “Global Industrial Refrigeration Market Size, Share, Development, Growth and Demand Forecast to 2022” represent the research and analysis of data from various primary and secondary sources. Top down approach has been used to calculate the global industrial refrigeration market by type. P&S Market Research analysts and consultants interact with leading companies of the concerned domain to substantiate every value of data presented in the report. The company bases its primary research on discussions with prominent professionals and analysts in the industry, which is followed by informed and detailed, online and offline research.
The key players in the global electric motor market are Johnson Electric Holdings Limited, AMETEK, Inc., Franklin Electric Co., Inc., ASMO Co., Ltd., Denso Corporation, Robert Bosch GmbH, SL Montevideo Technology, Inc., Siemens AG, ABB LTd., and ARC Systems, Inc.
GLOBAL ELECTRIC MOTOR MARKET SEGMENTATION
By Motor Type
- AC Motors
- DC Motors
- Hermetic Motors
By Output Power
- Fractional Horsepower (FHP) Output
- Integral Horsepower (FHP) Output
- Motor Vehicles
- Industrial Machinery
- Household Appliances
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