World Refrigeration Equipment Market: 1 OVERVIEW

JARN estimates that the global refrigeration market value in 2017 reached US$ 96.3 billion including services such as installation and maintenance, showing an increase of about 4.6% compared with 2016. Of the total, commercial applications recorded US$ 61.3 billion, industrial applications amounted to US$ 29.6 billion, and transportation amounted to US$ 5.4 billion.