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Guangdong ShangYan Electronic Technology Company cited the refrigeration equipment data analysis report published by HengZhou BoZhi

240718-165611.webp (114 KB) 
According to Hengzhou Bozhi data, the global refrigeration equipment market reached USD 183.4 billion in 2022 and is expected to reach USD 250.5 billion in 2029, at a CAGR of 4.55%. During the ‘13th Five-Year Plan’ period, China's refrigeration industry still maintains rapid development, especially the booming development of cold chain logistics, which makes the refrigeration equipment expand its product types and application boundaries while its scale grows.

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