Newly Launched Products to Bring a New Dawn for Industrial Refrigeration
The advancements in industrial refrigeration systems have offered more accuracy and enhancement in the entire scale and little details. Industrial refrigeration equipment removes the heat from large-scale processes and lowers the temperature for the chosen value. The use of the application is based on several factors including temperature difference, production scale, and desired temperature. Furthermore, the industrial refrigeration has been of supreme importance for food and beverages and pharmaceutical companies earlier. However, the refrigeration process has become important for industries with bioprocesses and therefore has been adopted by various industries. Industries such as electricity production, chemical and petrochemical, data centers and others use refrigeration to carry out processes. In food and pharmaceuticals, industrial refrigeration helps to maintain the ideal conditions for storage and avoid deterioration of products. Also, it avoids chain reactions to occur in the compound having a low boiling point. On the other hand, cooling offers a suitable environment for machines that generate excess heat.
Owing to the advantages associated with industrial refrigeration the industry has witnessed significant progress. Furthermore, several key players have hit the market with their key innovations recently. Baltimore Aircoil Company (BAC) has freshly launched its modular hybrid cooler. On the other hand, slightly earlier before this, Danfoss India has launched its six new products in RefCold India.
Latest launches to hit the field:
The manufacturing companies are striking the market with the latest launches. Lately, BAC, a global manufacturer of industrial refrigeration systems, has launched a modular hybrid cooler, Nexus. The Nexus is planned to ease system design and augment water and energy savings with the lowest installation, operating, and maintenance costs. It offers a simplified fluid cooling system with 8 feet shorter units, smaller footprint and lighter weight than traditional fluid cooler. Furthermore, the modules get moved with a pallet jack and fit in a freight elevator, that minimizes the need for special pulley equipment. Other than this, the system also eliminates the requirement of structural steel and elevated platforms. Also, the accessories, controls, fans, and pumps are factory installed and wired. Furthermore, about the product the president at BAC, Don Fetzer, simplified that the smart hybrid cooling solution with the capability to switch from evaporative to dry cooling signifies the top position of the company in terms of innovation.
Earlier, Danfoss Industries, a refrigeration solution provider, has exposed its 6 new ground-breaking products in an exhibition for cold chain and refrigeration-based solutions, RefCold India. The products have been manufactured to change the standard of applications for the industry. Furthermore, the products including Danfoss Intelligent Purging System (IPS), gas detector, EKE 400, plate heat exchanger, IFCD Defrost Module, and ICSH 2 step solenoid valve were launched. The company expects the product to transform the industry and generate more output.
The latest innovations and energy-efficient solutions have transformed the industry. Industrial refrigeration extends the life span of products and helps to maintain its quality. What’s more, it is budget-friendly. The industrial refrigeration market has significantly risen, over the past few years. According to a report by Allied Market Research, the global industrial refrigeration market is anticipated to reach $29.13 billion, supported by a CAGR of 4.9% by 2026. An increase in consumption of FMCG products, advancing cold storage infrastructure across developing countries, and a surge in the adoption of energy-efficient and eco-friendly refrigerants are some of the accountable factors propelling the growth of the market. Moreover, more technological advances and the involvement of IoT are expected to offer lucrative opportunities to the market, in the coming years.
Chief editor of review team at FinancesOnline
Chief editor of review team at FinancesOnline Alex Hillsberg is an expert in the area of B2B and SaaS related products. He has worked for several B2B startups in the past and gathered a lot of first hand knowledge about the industry during that time.
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