Press release
Commercial Refrigeration Equipment Market Size, Top Key Players, Industry Share, Rising Trends and Future Scope till 2023
Commercial Refrigeration Equipment Market, Commercial Refrigeration Equipment Market size, Commercial Refrigeration Equipment M
Global Commercial Refrigeration Equipment Market is predicted to grow at approximately 5% CAGR during the forecast period
Latest Research Report Commercial Refrigeration Equipment Market 2018|– Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2025 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. – MarketResearchFuture.com
Market Scenario
The Commercial Refrigeration Equipment Market is driven by surging urbanization and expansion of hypermarket and supermarket in developing countries of Asia pacific and Latin America. The significant growth in the number of supermarket and hypermarket in developing market has boosted the demand of energy efficient refrigeration equipment in recent years.
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The market in Europe is heading towards the maturity; however the short product life cycle of the refrigeration equipment in developed regions coupled with increasing floor area of hypermarket and super market and restaurants chains, the market for commercial refrigeration equipment is expected to witness considerable growth over the coming years. Hence the market for Commercial Refrigeration Equipment is expected to grow at XX% CAGR (2016-2027).
Global Key Players
The key players that are involved in Global Commercial Refrigeration Equipment market are United Technologies Corporation, Hussmann Corporation, AB Electrolux, Frigoglass S.A.I.C, Dover Corporation, Daikin Industries Ltd, AHT Cooling Systems GmbH, Ali Group S.p.A, Illinois Tool Works Inc and Johnson Controls, Inc.
Industry Segments
The market for commercial refrigeration equipment market is segmented on the basis of:
Type: Display cases, walk-in coolers, beverages refrigeration, ice-making machineries, parts and others. Display cases and beverage refrigeration devices are the most growing type of this segment.
Applications: Hospitals, bars, food service, hotels, and food and beverages preservation. Food service and hotels are the major sector for this industry.
End Users: Food manufacturing industries, hyper market and super market. Supermarkets are leading the segment in a major way as compared to other end users.
Study Objectives of Commercial Refrigeration Equipment
To provide detailed analysis of the market structure along with forecast for the next ten years of the various segments and sub-segments of the global Commercial Refrigeration Equipment market
To provide insights about factors affecting the market growth
To Analyze the Commercial Refrigeration Equipment market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW)
To provide country level analysis of the market with respect to the current market size and future prospective
To provide country level analysis of the market for segment by Type, Applications, End Users and its sub-segments.
To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
Key Findings
Global Commercial Refrigeration Equipment Market is driven by the growth of supermarket, hypermarket, and organized food retail chains.
Global Commercial Refrigeration Equipment Market is expected to strengthen the product life cycle owing to the continuous improvement in minimum energy performance standards (MEPS)
The European Commercial Refrigeration Equipment Market is heading towards maturity and the growth is mainly expected from the emerging countries of Asia-Pacific.
By 2020, Asia-Pacific is expected to account XX% of the Global Commercial Refrigeration Equipment Market.
Regional Analysis of Commercial Refrigeration Equipment
North America dominated the Global Commercial Refrigeration Equipment market with the largest market share, accounting for $XX million and is expected to grow over $XX billion by 2027. Asia-Pacific is expected to surpass North America in 2015 to become the largest market for commercial refrigeration equipment and expected to grow at CAGR of XX% from $ XX million in 2016 to $XX million by 2027. The European market for Commercial Refrigeration Equipment is expected to grow at XX% GAGR (2016-2027).
Full report on Commercial Refrigeration Equipment Market report spread across 127 pages, profiling 15 companies and supported with tables and figures available @ https://www.marketresearchfuture.com/reports/global-commercial-refrigeration-equipment-market-831
Segmentation by Type
Segmentation for Commercial Refrigeration Equipment market involves the following types such as Display Cases, Walk-in Coolers, Beverages Refrigeration, Ice-Making Machineries, Parts and others
Segmentation by Applications
Segmentation for Commercial Refrigeration Equipment market involves the following technology such as hospitals, bars, food service, hotels, and food and beverages preservation.
Segmentation by End Users
Segmentation for Commercial Refrigeration Equipment market involves the following End Users such as food manufacturing industries, hyper market and super market.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
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