DUBLIN, Dec. 9, 2019 /PRNewswire/ — The “Industrial Refrigeration System Market by Component (Compressor, Condenser, Evaporator), Refrigerant Type (Ammonia, CO2), Application (Fruit & Vegetable Processing, Meat & Poultry, Refrigerated Warehouse), and Region – Global Forecast to 2025″ report has been added to ResearchAndMarkets.com’s offering. The global industrial refrigeration system market is expected to grow from USD 19.3 billion in 2019 to USD 24.8 billion by 2025, at a CAGR of 4.3%. One of the major driving factors for the industrial refrigeration system market is the increasing demand for innovative and compact refrigeration systems. Also, due to the growing adoption of natural refrigerant-based systems, owing to strict regulatory policies, the demand for industrial refrigeration systems is increasing. Moreover, increasing government support to strengthen the cold chain infrastructure in developing countries is driving the growth of the industrial refrigeration system market. However, the high installation cost and other expenses restrain market growth.Based on component, industrial refrigeration system market for compressors to grow ...