BROWSE THROUGH OUR TRADE FAIRS FOR REFRIGERATION INDUSTRY

Refrigeration

Overview of the refrigeration industry

The refrigeration sector is one of the most vital segments of the HVACR industry. It focuses on goods and services related to cooling target sites. These can be a space, a substance, or one or more systems. Various means can perform the task. Examples include electromechanical machines, chemical substances, and magnetism. The industry offers utilities related to cooling. These include manufacturing and installing cooling systems. The repair and operation of such systems are also included. Refrigeration systems are suitable for residential, commercial, or industrial purposes. Thus, their use is widespread in many sectors. As a result, the industry spans thousands of enterprises.

Is the industry extensive and highly valued?

The cooling equipment industry has an extensive network. For example, refrigeration is used in the Ho.Re.Ca, construction, chemical, and food sectors. The agriculture, transportation, manufacturing, and electronics segments also apply them. Likewise, this applies to the IT, retail, healthcare, pharmaceutical, cosmetics, and technology sectors. The industry is one of high value as a result. For example, the commercial refrigeration equipment section has recently reached $49.32 billion.

Is the industry innovative?

The sector often implements innovations to maintain its competitiveness. These are presented during annual and biannual trade expositions in diverse countries. Such events take place in the Kingdom of Spain and the United States of America. They also occur in the Federative Republic of Germany. They attract hundreds of thousands of participants.