Header Ads

Refrigeration Coolers Market Forecast, Opportunities and Challenges

 The global refrigeration coolers market size is estimated to grow from USD 3.6 billion in 2022 to USD 4.8 billion by 2027, at a CAGR of 6.0%. The market declined in 2020, mainly due to the impact of COVID-19. The industrial supply chain was disrupted in March and April 2020 due to the lockdown imposed by various governments and labor shortages in these industries due to travel restrictions, which would affect the refrigeration coolers market . Though the market is expected to be impacted in 2020, it is expected to fully recover by mid 2022. Increasing demand for innovative and compact refrigeration coolers based on natural refrigerants and growing adoption of refrigeration coolers in commercial applications is the primary factor driving the market growth.


Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=250448757

 

Likewise, influx of IoT fueling automation in refrigeration technologies is also expected to propel the demand for the said market during the forecast period.

 

The Internet of Things (IoT) allows the connection of various devices and systems in a network and automates these processes. A smart refrigeration solution uses thermodynamic and refrigeration-based algorithms to review and analyze commercial refrigeration data. This allows optimizing store performance and improving energy efficiency. Smart refrigerator compares the status of the food, such as its expiry date, weight, and quantity. The solution uses predictive and preventative analytics to minimize energy spending, avoid unplanned maintenance, reduce food spoilage, and improve case performance. Smart refrigerator is designed to manage food items stored in it and advise the user on what type of food is to be stored inside the refrigerator. The increase in smart refrigeration units has created several opportunities for the manufacturers of refrigeration coolers. 


know more @ https://www.marketsandmarkets.com/Market-Reports/refrigeration-coolers-market-250448757.html


About MarketsandMarkets™


MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.


Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.


MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.


Contact:

Mr. Aashish Mehra

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA : 1-888-600-6441


No comments:

Powered by Blogger.