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According to a new report LAMEA Industrial Refrigeration Systems Market, published by KBV research, the LAMEA Industrial Refrigeration Systems Market would witness market growth of 5.3% CAGR during the forecast period (2020-2026).
The Brazil market dominated the LAMEA Industrial Refrigeration Systems Market by Country in 2019, thereby, achieving a market value of $1,022.1 million by 2026. The Argentina market would witness a CAGR of 5.9% during (2020 - 2026). Additionally, The UAE market is experiencing a CAGR of 5% during (2020 - 2026).
The Food & Beverages market dominated the Saudi Arabia Industrial Refrigeration Systems Market by Application in 2019, growing at a CAGR of 4.9 % during the forecast period. The Refrigerated Warehouse market is witnessing a CAGR of 5.2% during (2020 - 2026). Additionally, The Chemical, Petrochemical, & Pharmaceutical market is estimated to grow at a CAGR of 6.9% during (2020 - 2026).
The Compressors market dominated the South Africa Industrial Refrigeration Systems Market by Component in 2019, growing at a CAGR of 5.5 % during the forecast period. The Condensers market would showcase a CAGR of 6.5% during (2020 - 2026). Additionally, The Evaporators market is expected to witness a CAGR of 6.7% during (2020 - 2026).
Structural Insights: https://www.kbvresearch.com/lamea-industrial-refrigeration-systems-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the mentioned countries. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Johnson Controls International PLC, Emerson Electric Co., The Danfoss Group, Daikin Industries, Ltd., Trane Technologies PLC, Dover Corporation, Mayekawa Mfg. Co., Ltd., Bitzer SE, Evapco, Inc., and Guntner GmbH & Co. KG.
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