The global industrial refrigeration system market size was estimated at USD 20.27 billion in 2022 and is likely to grow at a CAGR of 4.94% during 2023-2028 to reach USD 27.08 billion in 2028.
Market Drivers
The market has almost neared a saturation level with an unwavering growth in the last five years and is expected to witness similar growth during the forecast period.
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