Current Situation Of Refrigeration Equipment Industry

Refrigeration equipment is mainly composed of compressors, expansion valves, evaporators, condensers, accessories and pipelines.
According to the working principle, it can be divided into compression refrigeration equipment, absorption refrigeration equipment, steam jet refrigeration equipment, heat pump refrigeration equipment and electrothermal refrigeration equipment.
Refrigeration and air conditioning industry is also an important part of China's equipment industry and national economy.
The dependence of China's air conditioning business on the construction industry is decreasing. With the current industry's dependence on real estate decreasing, the segments of commercial buildings such as data centers, medicine, cold chain logistics and other fields provide new space for refrigeration, heating, ventilation and air conditioning products.
Cold chain logistics, as a key area supported by the state, has been strengthened in recent years. In addition, e-commerce services have been extended to fresh areas such as fruits and vegetables, frozen meat and aquatic products. Cold chain logistics is expected to meet a period of rapid development.
As an upstream provider of cold chain logistics equipment, refrigeration equipment has broad market prospects.