Commercial Refrigeration Equipment Market Growth Strategies and Comprehensive Forecast to 2026: United Technologies, Standex International, Lennox International, Daikin Airconditioning France, Welbilt Inc., AHT Cooling Systems GmbH, Whirlpool Corporation

New Report on “Global Commercial Refrigeration Equipment Market” added to databridgemarketresearch.com database. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Increased demand from commercial outlets for these equipment’s has driven the market for global commercial refrigeration equipment market. It is expected to grow at a CAGR of 6.0% in the forecast period of 2019-2026 raising the initial estimated value of USD 43.95 billion in 2018 to an estimated value of USD 70.06 billion by 2026.

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Market Definition:

Commercial refrigerators are used so that the products stored inside them are easily visible for the consumer or the user of these refrigerators. They usually have one or two compartments, one of which includes a freezing compartment that is used to display items that need to be stored on or below 0°C. The other is a refrigerated compartment whose temperature varies. These refrigerators are designed to use vapour-compression systems.

Key Market Competitors:

• UNITED TECHNOLOGIES,
• Standex International Corporation,
• Lennox International,
• DAIKIN INDUSTRIES Ltd.,

Few of the major market competitors currently working in the commercial refrigeration equipment market are Illinois Tool Works Inc., AHT Cooling Syste ms, Whirlpool Corporation, Manitowoc Foodservice, Panasonic Corporation, Haier Inc., FUJIMAK CORPORATION, Dover Corporation, Ingersoll-Rand plc, Johnson Controls, Ali Group S.r.l. a Socio Unico, Imbera FoodService, Master-Bilt Products, Middleby Corporation, Nor-Lake Inc., Tecumseh Products Company LLC, and Voltas Ltd.

Market Drivers:

• Increased innovation and adoption of regulated equipment in the industry will drive the market growth

• Increase in number of commercial outlets, like restaurants, fast-food outlets, and supermarkets will drive the market growth

Browse Detailed TOC, Tables and Figures: https://databridgemarketresearch.com/toc/?dbmr=global-commercial-refrigeration-equipment-market

Market Restraints:

• High cost and power consumption of these equipment is set to restrain the market growth

• Regulations by the authorities regarding energy consumption and chemicals is also one of the major restraint for the market

Global Commercial Refrigeration Equipment Market Segmentation:

• By Equipment Type
1. Walk-in coolers
 Packaged unit
 Remote condensing unit
 Remote plant
2. Transportation refrigeration equipment
 Road
 Rail
 Marine
 Air
3. Display cases
 Plug-in cases
 Remote cases
4. Beverage refrigeration
 Beverage cooling & dispensing units
 Drinking fountains
 Beer dispensing units
 Soda fountain equipment
 Others
5. Parts
6. Ice making machineries
 Ice cube machineries
 Ice flake machineries
 Ice nugget machineries
7. Other
 Work top
 Under-counter refrigeration
 Prep tables

• By Application
1. Food service
2. Food and beverage distribution
3. Food and beverage retail
4. Other

• By End-User
1. Supermarkets
2. Hotels/restaurants & catering
3. Hypermarkets
4. Convenience stores
5. E-commerce
6. Others

• By Geography
1. North America
2. Europe
3. Asia-Pacific
4. Middle East & Africa

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