Global Industrial Refrigeration Market Analysis & Industry Forecast 2017-2024, With an Expected CAGR of 5.4%

The global industrial refrigeration market is expected to reach $14,525.69 million in 2024, from $10,127.57 million in 2017, growing at a CAGR of 5.4% from 2018 to 2024. Industrial refrigeration systems are used for massive freezing and refrigeration plants that are involved in food & beverage processing, cold storage, and others.