BERKSHIRE, United Kingdom — Industrial refrigeration systems in the U.S. were valued at $2 billion, according to a report by BSRIA. The increase, which is up 6.9% from 2017, is fueled by market drivers, such as U.S. tax cuts, the country’s increasing population, and an increase in industrial construction — particularly the cold storage and warehouse segments.

BSRIA study details the quantitative and qualitative assessment of the industrial refrigeration market in U.S., which includes the cooling and refrigeration of industrial processes, like distribution, food & beverage storage, production and energy, and consists of bare compressors, compressor units, compressor racks, industrial packages, remote condensers, evaporators, fluid to fluid heat exchangers and other products, such as starters and drives, pressure vessels, refrigeration controls, hygienic air-handling units, and compressor motors.