Industrial Refrigeration Market
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INTRODUCTION<br />
• The global industrial refrigeration market is expected to reach $14,525.69 million in<br />
2024, from $10,127.57 million in 2017, growing at a CAGR of 5.40% from 2018 to<br />
2024.<br />
• <strong>Industrial</strong> refrigeration systems are used for cooling gigantic freezers and<br />
refrigeration plants that are used in food & beverage processing, cold storage, and<br />
others.<br />
• The demand for industrial refrigeration systems has increased in the food &<br />
beverage processing and storage industries, as these systems prevent spoilage of<br />
perishable semi-processed foods & drinks.