The Energy Policy and Conservation Act of 1975 (EPCA), as amended, prescribes energy conservation standards for various consumer products and certain commercial and industrial equipment, including commercial refrigeration equipment (CRE). EPCA also requires the U.S. Department of Energy (DOE) to determine whether more-stringent standards would be technologically feasible and economically justified, and would save a significant amount of energy. In this final rule, DOE is adopting more-stringent energy conservation standards for some classes of commercial refrigeration equipment. It has determined that the amended energy conservation standards for these products would result in significant conservation of energy, and are technologically feasible and economically justified

The article cited AMA's "Global Industrial Refrigeration Market Study" explored substantial growth of %. According to the report, Adoption of Cold Chain Infrastructure in Developing Countries is one of the primary growth factors for the market. Improving Consumer Lifestyle and Flourishing Food and Healthcare Industries is also expected to contribute significantly to the Industrial Refrigeration market. Overall, Food processing industry applications of Industrial Refrigeration, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Refrigerant type, such as Ammonia, is boosting the Industrial Refrigeration market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Industrial Refrigeration market identified that the demand is rising in many different parts of the world as "Growing Popularity of Carbon Dioxide/Ammonia (CO2/NH3) Cascade Refrigeration Systems ". Furthermore, some recent industry insights like "In November 2018, Daikin Industries Ltd. has an agreement for the acquisition of AHT group, a leading company in the commercial refrigeration market in Europe. By this agreement, Daikin Industries Ltd., expanding its products portfolio which is covering cold chain and bolstering integration of refrigeration systems with air conditioning." is constantly making the industry dynamic.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Industrial Refrigeration market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Industrial Refrigeration market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Have a look at detailed Table of Content for Industrial Refrigeration Market Study

Data Triangulation
The overall Industrial Refrigeration market size is calculated using market estimation process, the Industrial Refrigeration market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Industrial Refrigeration market size has been validated using both top-down and bottom-up approaches.