Industrial Refrigeration System Market Expected to Grow Steadily
The global industrial refrigeration system market is expected to grow at a CAGR of 4.78 percent from 2018 to 2024, according to research conducted by ReportLinker. The study also expects the market to reach $24.48 billion by 2024, which is up from $18.49 billion in 2018.
Factors such as the ongoing shift toward natural refrigerants and energy-efficient refrigeration systems due to strict regulations, and the strengthening of cold chain infrastructure in developing countries, are driving the industrial refrigeration system market.
Learn more about the study here.