Frequently Asked Questions:
The global vapor compression refrigeration system market was negatively impacted by the COVID-19 pandemic, resulting in a more than 2% revenue decline in 2020.
Asia Pacific accounted for the most heightened share in the global vapor compression refrigeration systems market.
Increasing electricity consumption for refrigeration boosts the sector throughout the predicted period. Additionally, the demand for energy-efficient vapor absorption refrigeration is anticipated to increase as electricity prices rise.
The type 3 segment had a major global market revenue share in 2021.
The food industry segment had a major revenue share in the global market in 2021.