The Global Industrial Refrigeration Systems Market is expected to reach USD 31.62 Billion by 2032, at a CAGR of 4.6% during the forecast period 2022 to 2032. Industrial refrigeration systems are used in various industries to cool, freeze or store products and materials at specific temperatures. These systems use a variety of refrigerants, compressors, heat exchangers, and control systems to provide cooling and maintain temperature levels.