By Joanna Sampson2019-07-16T14:20:00+01:00
According to new information by the International Institute of Refrigeration (IIR), the total number of refrigeration, air conditioning and heat pump systems in operation worldwide is roughly $5bn, with global annual sales of such equipment amounting to roughly $500bn.
The IIR published the new Informatory Note on ‘The Role of Refrigeration in the Global Economy’ in celebration of the world’s first Refrigeration Day, which took place on 26th June.
Statistical data presented in this new note highlights the importance of the refrigeration sector which is expected to grow further in the coming years because of increasing cooling needs in numerous fields and global warming.
The note also says that more than 15 million people are employed worldwide in the refrigeration sector, which consumes about 20% of the overall electricity used worldwide.
Month on month, the gasworld website is the market-leading news portal for the global industrial gas sector, growing at an unprecedented rate and keeping its readers at the forefront of breaking news, insightful analysis and must-see features across the industry. Launched in 2004 and continually evolving, it is the only independent online news, views and intelligence portal for the global industrial gas community and the larger end-user markets – and home to the ever-increasing range of gasworld platforms.
To find out more about gasworld's advertising opportunities click here.