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The global cold chain market size was valued at USD 210.49 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 14.8% from 2021 to 2028.

Technological developments with regard to compressors, power units, cold heads, and other major components in cryocoolers allow cryocoolers to be used in a wide range of applications, such as military, oil & gas, energy, semiconductor manufacturing, and medical. Of late, space-qualified cryocoolers are being widely used for large military and commercial satellite electro-optical (EO) infrared (IR) missions.

A refrigerated trailer is sometimes referred to as a refrigerated truck trailer or an ice trailer. Refrigerated trailers are large vans often used by manufacturers and distributors for hauling freight and finished goods in and out of warehouses and cold storage facilities. Refrigerated trailers feature a metal roof, a freezer compartment below the vehicle's roof, and a refrigerator on the front end. Refrigerated trailers also frequently have an emergency compartment that contains lighting, emergency instruments, water, and food supplies.

One of the most flourishing and fastest growing industries is heat ventilation and air conditioning growing at a very fast pace. It has become a very essential and important part of service for many industries. Industries like ice factories, cold storage, chemical laboratories, and food storage warehouses need a vast temperature differences between two points...