The refrigeration industry in Bangladesh is rapidly advancing, moving from basic models to today’s smart refrigerators. Local manufacturers now rival imports with innovative, premium models showcasing advanced features like AI and IoT. Initially, companies focused on cost-effective, quality production using imported compressors, but have since progressed to improving energy efficiency, food preservation, and convenience. Inverter technology reduces electricity consumption by up to 65%, and advanced models offer features like non-frost technology and extended food preservation.
Walton, a market leader with over two-thirds share, produces 4.8 million compressors annually and has introduced IoT refrigerators with smart functionalities, such as remote control and automatic maintenance alerts. Singer’s “Fresh O Logy” and Walton’s similar technology extend the freshness of produce, showcasing significant R&D efforts. Nearly 10% of Walton’s sales are now smart refrigerators, a number expected to grow. Energy-efficient inverter compressors are becoming standard as consumers seek to lower energy bills amid rising costs. Local brands continue to innovate, preparing for a tech-driven future in both domestic and international markets.
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