India Industrial Refrigeration Systems Market (2020-2026) | industry, Size, Share, Revenue, Forecast, Trends, Growth, Outlook & COVID-19 IMPACT

Market Forecast By Equipment (Compressor, Condensers, Evaporators, Controls & Others (Pumps, Valves, Vessels and Auxiliary Equipment)), By Refrigerants (Ammonia, Carbon Dioxide, Hydro-chlorofluorocarbons, Others (ChlorofluorocarbonFluorocarbon, Hydrocarbon, Air and Water)), By Applications (Food & Beverage, Oil & Gas, Chemicals & Petrochemicals & Others) and competitive landscape

Product Code: ETC002401 Publication Date: Mar 2023 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Latest 2023 Development of the India Industrial Refrigeration Systems Market

India Industrial Refrigeration Systems Market has seen tremendous growth on the back of various growth factors and the latest developments. For instance, investment in cold chain infrastructure to improve the supply chain for perishable goods, which will require the use of industrial refrigeration systems. With the growing concern for the environment, many companies are now adopting natural refrigerants such as carbon dioxide, ammonia, and hydrocarbons as these refrigerants have a lower global warming potential and ozone depletion potential compared to traditional refrigerants. Many companies are now incorporating Internet of Things (IoT) and Artificial Intelligence (AI) technologies into their industrial refrigeration systems as they enable remote monitoring and improved efficiency.

The demand for energy-efficient industrial refrigeration systems is growing and is gaining popularity due to the rising cost of electricity in India. Moreover, several international industrial refrigeration system manufacturers have expanded their operations in India in recent years. Overall, the India Industrial Refrigeration Systems industry size is proliferating in the coming years due to the increasing demand for cold storage and transport facilities for food and pharmaceutical products

India Industrial Refrigeration Systems market Synopsis

India Industrial Refrigeration Systems market is primarily driven by the growing demand for cold storage facilities in the country coupled with the growing government investment in the expansion of the pharmaceuticals industry in India. Currently in India over 6,000 cold storages are available which accounts for only, 45% of the required cold storage facilities. However, the India region is expected to register a decline in demand during 2020, due to the global pandemic COVID-19, which has led to a complete lockdown in the region during the first half of 2020, leading to a slowdown in businesses in the region.

According to 6Wresearch, the India Industrial Refrigeration Systems Market size is anticipated to register growth during 2020-2026. India's industrial refrigeration systems market is expected to register high growth during 2021-2026 on account of the growing food processing industry in the country. Increasing government investment in the expansion and development of the food park projects would lead to further growth in demand for the industrial refrigeration systems market in the country.

Based on applications, the food & beverage segment accounted for a leading share of market demand owing to the presence of a large food processing industry in the country. However, with a surge in investment in the pharmaceutical industry, it is expected to register high demand for industrial refrigeration systems over the coming years.

The India Industrial Refrigeration Systems market report thoroughly covers the market by equipment, refrigerants, applications, and regions. The Industrial Refrigeration Systems market outlook report provides an unbiased and detailed analysis of the ongoing India Industrial Refrigeration Systems market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Key Highlights of the Report:

  • India Industrial Refrigeration Systems Market Overview
  • India Industrial Refrigeration Systems Market Outlook
  • India Industrial Refrigeration Systems Market Forecast
  • Historical Data of India Industrial Refrigeration Systems Market Revenues for the Period 2016-2019
  • India Industrial Refrigeration Systems Market Size and India Industrial Refrigeration Systems Market Forecast of Revenues, Until 2026
  • Historical Data of India Industrial Refrigeration Systems Market Revenues, By Equipment, for the Period 2016-2019
  • Market Size & Forecast of India Industrial Refrigeration Systems Market Revenues, By Equipment, Until 2026
  • Historical Data of India Industrial Refrigeration Systems Market Revenues, By Refrigerants, for the Period 2016-2019
  • Market Size & Forecast of India Industrial Refrigeration Systems Market Revenues, By Refrigerants, Until 2026
  • Historical Data of India Industrial Refrigeration Systems Market Revenues, By Applications, for the Period 2016-2019
  • Market Size & Forecast of India Industrial Refrigeration Systems Market Revenues, By Applications, Until 2026
  • Market Drivers and Restraints
  • India Industrial Refrigeration Systems Market Price Trends
  • India Industrial Refrigeration Systems Market Trends and Industry Life Cycle
  • Porter’s Five Force Analysis
  • Market Opportunity Assessment
  • India Industrial Refrigeration Systems Market Share, By Players
  • India Industrial Refrigeration Systems Market Share, By Regions
  • India Industrial Refrigeration Systems Market Overview on Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Markets Covered

The India Industrial Refrigeration Systems Market report provides a detailed analysis of the following market segments:

By Equipment:

  • Compressor
  • Condensers
  • Evaporators
  • Controls
  • Others (Pumps, Valves, Vessels and Auxiliary Equipment)

By Refrigerants:

  • Ammonia
  • Carbon Dioxide
  • Hydro-chlorofluorocarbons
  • Others (Chlorofluorocarbon, Fluorocarbon, Hydrocarbon, Air and Water)

By Applications:

  • Food & Beverage
  • Oil & Gas
  • Chemicals & Petrochemicals
  • Others
India Industrial Refrigeration Systems Market: FAQs
The increasing demand for processed food and beverages, the growing pharmaceutical and chemical industries, and the need for energy-efficient refrigeration systems are the major drivers of the market.
Food and beverage, chemicals, pharmaceuticals, and other manufacturing processes are the major industries that use industrial refrigeration systems in India.
The high initial costs of refrigeration systems, the lack of awareness about energy-efficient refrigeration, and the shortage of skilled labour are the major constraints faced by the market.
The increasing adoption of natural refrigerants, the development of energy-efficient refrigeration systems, and the integration of Internet of Things (IoT) technology are the major trends in the industry.
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1 Executive Summary
2 Introduction
2.1 Report Description
2.2 Key Highlights of The Report
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3 India Industrial Refrigeration Systems Market Overview
3.1 India Industrial Refrigeration Systems Market Revenues, 2016-2026F
3.2 India Industrial Refrigeration Systems Market Revenue Share, By Equipment, 2019 & 2026F
3.3 India Industrial Refrigeration Systems Market Revenue Share, By Refrigerants, 2019 & 2026F
3.4 India Industrial Refrigeration Systems Market Revenue Share, By Applications, 2019 & 2026F
3.5 India Industrial Refrigeration Systems Market Revenue Share, By Countries, 2019 & 2026F
3.6 India Industrial Refrigeration Systems Market Industry Life Cycle
3.7 India Industrial Refrigeration Systems Market- Porter’s Five Forces
4 India Industrial Refrigeration Systems Market Dynamics
4.1 Impact analysis
4.2 Market Drivers
4.3 Market Restraints
5 India Industrial Refrigeration Systems Market Trends
6 India Industrial Refrigeration Systems Market Overview, By Equipment
6.1 India Industrial Refrigeration Systems Market Revenues, By Compressor, 2016-2026F
6.2 India Industrial Refrigeration Systems Market Revenues, By Condensers, 2016-2026F
6.3 India Industrial Refrigeration Systems Market Revenues, By Evaporators, 2016-2026F
6.4 India Industrial Refrigeration Systems Market Revenues, By Controls, 2016-2026F
6.5 India Industrial Refrigeration Systems Market Revenues, By Others, 2016-2026F
7 India Industrial Refrigeration Systems Market Overview, By Refrigerants
7.1 India Industrial Refrigeration Systems Market Revenues, By Ammonia, 2016-2026F
7.2 India Industrial Refrigeration Systems Market Revenues, By Carbon Dioxide, 2016-2026F
7.3 India Industrial Refrigeration Systems Market Revenues, By Hydro-chlorofluorocarbons, 2016-2026F
7.4 India Industrial Refrigeration Systems Market Revenues, By Others, 2016-2026F
8 India Industrial Refrigeration Systems Market Overview, By Applications
8.1 India Industrial Refrigeration Systems Market Revenues, By Food & Beverages, 2016-2026F
8.2 India Industrial Refrigeration Systems Market Revenues, By Oil & Gas, 2016-2026F
8.3 India Industrial Refrigeration Systems Market Revenues, By Chemicals & Petrochemicals, 2016-2026F
8.4 India Industrial Refrigeration Systems Market Revenues, By Others, 2016-2026F
9 India Industrial Refrigeration Systems Market Overview, By Regions
10 India Industrial Refrigeration Systems Market Key Performance Indicators
11 India Industrial Refrigeration Systems Market Opportunity Assessment
11.1 India Industrial Refrigeration Systems Market Opportunity Assessment, By Equipment, 2026F
11.2 India Industrial Refrigeration Systems Market Opportunity Assessment, By Refrigerants, 2026F
11.3 India Industrial Refrigeration Systems Market Opportunity Assessment, By Applications, 2026F
12 India Industrial Refrigeration Systems Market Competitive Landscape
12.1 India Industrial Refrigeration Systems Market Revenue Share, By Companies, 2019
12.2 India Industrial Refrigeration Systems Market Competitive Benchmarking, By Operating Parameters
13 Company Profiles
14 Key Recommendations
15 Disclaimer

UAE Industrial Refrigeration Systems Market (2020-2026): Market Forecast By Equipment (Compressor, Condensers, Evaporators, Controls & Others (Pumps, Valves, Vessels and Auxiliary Equipment)), By Refrigerants (Ammonia, Carbon Dioxide, Hydro-chlorofluorocarbons, Others (ChlorofluorocarbonFluorocarbon, Hydrocarbon, Air and Water)), By Applications (Food & Beverage, Oil & Gas, Chemicals & Petrochemicals & Others) and competitive landscape

Saudi Arabia Industrial Refrigeration Systems Market (2020-2026): Market Forecast By Equipment (Compressor, Condensers, Evaporators, Controls & Others (Pumps, Valves, Vessels and Auxiliary Equipment)), By Refrigerants (Ammonia, Carbon Dioxide, Hydro-chlorofluorocarbons, Others (ChlorofluorocarbonFluorocarbon, Hydrocarbon, Air and Water)), By Applications (Food & Beverage, Oil & Gas, Chemicals & Petrochemicals & Others) and competitive landscape

Middle East Industrial Refrigeration Systems Market (2020-2026): Market Forecast By Equipment (Compressor, Condensers, Evaporators, Controls & Others (Pumps, Valves, Vessels and Auxiliary Equipment)), By Refrigerants (Ammonia, Carbon Dioxide, Hydro-chlorofluorocarbons, Others (ChlorofluorocarbonFluorocarbon, Hydrocarbon, Air and Water)), By Applications (Food & Beverage, Oil & Gas, Chemicals & Petrochemicals & Others), By Countries (Turkey, Saudi Arabia, UAE, Qatar, Bahrain, Oman, Kuwait & Rest of Middle East Region) and competitive landscape

Latin America Industrial Refrigeration Systems Market (2020-2026): Market Forecast By Equipment (Compressor, Condensers, Evaporators, Controls & Others (Pumps, Valves, Vessels and Auxiliary Equipment)), By Refrigerants (Ammonia, Carbon Dioxide, Hydro-chlorofluorocarbons, Others (ChlorofluorocarbonFluorocarbon, Hydrocarbon, Air and Water)), By Applications (Food & Beverage, Oil & Gas, Chemicals & Petrochemicals & Others), By Countries (Mexico, Brazil, Argentina & Rest of Latin America Region) and competitive landscape

Europe Industrial Refrigeration Systems Market (2020-2026): Market Forecast By Equipment (Compressor, Condensers, Evaporators, Controls & Others (Pumps, Valves, Vessels and Auxiliary Equipment)), By Refrigerants (Ammonia, Carbon Dioxide, Hydro-chlorofluorocarbons, Others (ChlorofluorocarbonFluorocarbon, Hydrocarbon, Air and Water)), By Applications (Food & Beverage, Oil & Gas, Chemicals & Petrochemicals & Others), By Countries (Germany, Italy, France, United Kingdom & Rest of Europe Region) and competitive landscape

Asia Pacific (APAC) Industrial Refrigeration Systems Market (2020-2026): Market Forecast By Equipment (Compressor, Condensers, Evaporators, Controls & Others (Pumps, Valves, Vessels and Auxiliary Equipment)), By Refrigerants (Ammonia, Carbon Dioxide, Hydro-chlorofluorocarbons, Others (ChlorofluorocarbonFluorocarbon, Hydrocarbon, Air and Water)), By Applications (Food & Beverage, Oil & Gas, Chemicals & Petrochemicals & Others), By Countries (India, China, Japan, Australia, Indonesia, Thailand, Malaysia & Rest of Asia Pacific Region) and competitive landscape

Africa Industrial Refrigeration Systems Market (2020-2026): Market Forecast By Equipment (Compressor, Condensers, Evaporators, Controls & Others (Pumps, Valves, Vessels and Auxiliary Equipment)), By Refrigerants (Ammonia, Carbon Dioxide, Hydro-chlorofluorocarbons, Others (ChlorofluorocarbonFluorocarbon, Hydrocarbon, Air and Water)), By Applications (Food & Beverage, Oil & Gas, Chemicals & Petrochemicals & Others), By Countries (South Africa, Egypt, Nigeria & Rest of Africa Region) and competitive landscape

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