We offer cold storage LED lightings, one kind is high bay, and the other kind is for the cold room which height is within 4m. Our supermarket customers not only use our LED lightings for commercial refrigeration, but also use the LED lightings for cold room. How about the market of cold storage/cold room?
Amid the COVID-19 crisis, the global market for Cold Storage Construction estimated at US$11.7 Billion in the year 2022, is projected to reach a revised size of US$19.3 Billion by 2026, growing at a CAGR of 14.2% over the analysis period. Production Stores, one of the segments analyzed in the report, is projected to grow at a 15% Cagr, while growth in the Bulk Stores segment is readjusted to a revised 13.8%. The cold storage space has been witnessing notable developments over the last several years due to the strong upsurge in demand for online grocery shopping as a result of changing consumer preferences. Cold storage construction has received a major impetus from the COVID-19 crisis that led pharmaceutical companies to come up with novel vaccines requiring storage as well as distribution at ultra-low temperature settings. While cold storage has experienced major uptick in construction activity in the recent months, the trend goes beyond the healthcare demand and attributed to several factors, primary online grocery shopping.
