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Commercial Refrigeration Equipment Market 2016 - Focus on Advance Technology, Development Status, Future Plans and Top Compaines - AHT Cooling Systems GmbH,Whirlpool Corporation,United Technologies Corporation,Manitowoc Company, Inc.,Panasonic Corporation

07-04-2019 04:32 PM CET | Industry, Real Estate & Construction

Press release from: persistencemarketresearch.com

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Commercial Refrigeration Equipment Market

Commercial Refrigeration Equipment Market

Increasing demand for frozen food, bakery products, and packaged food products is driving the demand for commercial refrigeration equipment. Moreover, in an effort to decrease carbon footprints, the manufacturers are focusing on developing commercial refrigeration equipment that consumes less or limited amount of energy. The U.S. Department of Energy and Environmental Protection Agency have also introduced new regulations and standards for commercial refrigeration with the focus on energy efficiency and minimizing its impact on the environment. Hence, in order to comply with the new regulations, companies are investing in the development of new refrigeration system with advanced technology.

Some of the manufacturers are also redesigning the products to comply with new standards. Manufacturers are also sourcing new materials and are pursuing new safety certifications to offer a sustainable product. Supermarkets being the most energy-intensive retail businesses, with most of their load of electricity on refrigeration system are looking for commercial refrigeration equipment that can help them to save a lot on the power consumption. With advancement in technologies, companies are moving towards introducing smart refrigeration system equipped with sensors. These sensors help in controlling the temperature and also provides temperature monitoring of refrigeration units. Low-power wireless solutions are also being developed, eliminating the cost of inaccurate and manual monitoring of refrigerator units.

Persistence Market Research anticipates the global commercial refrigeration equipment to experience a steady growth throughout the forecast period from 2017 to 2026. The global commercial refrigeration equipment market is also projected to be valued at the US$ 45,913.5 Million revenue towards the end of the forecast period.

Refrigerator and Freezer to Emerge as the Highly Preferred Product in the Global Market for Commercial Refrigeration Equipment

Refrigerator and freezer is likely to be the most preferred product in the commercial refrigeration equipment. The sales of refrigerator and freezer as compared to other products is likely to be high by the end of 2026. Refrigerator and freezer have various types including walk-in, reach-in and chest. Among these walk in and reach in refrigerator and freezer are expected to witness increased demand. Owing to the increasing number of food manufacturers, producing food products that need to be stored at a certain level of temperature, the reach-in and walk-in freezers and refrigerators are being deployed.

Manufacturers of walk-in refrigerators are focusing on building customized walk-in refrigerators as per the need and convenience of the end user. Moreover, customers are also opting for customized units for a specific purpose. Some of the companies are also developing walk-in refrigerators with or without an insulated floor. Refrigerators and freezers equipped with touchscreen interface are also being developed to offer better control. In-built safety sensors are also being included in the refrigeration system to eliminate any damage in case of disruption.

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The Rise in Mergers and Acquisitions

The global market for commercial refrigeration equipment is witnessing a growth in the mergers and acquisitions. As companies are competing to gain maximum market share. Big players in the market have started to enter into a strategic alliance with the regional and small companies, in order to establish themselves in the market. Moreover, new entrants are also coming up with innovative technologies in the commercial refrigeration equipment market. This is also one of the reasons for the growth in mergers and acquisitions.

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Commercial Refrigeration Equipment Market : TOC

1.Commercial Refrigeration Equipment Market- Executive Summary

2.Commercial Refrigeration Equipment Market Overview
2.1.Introduction
2.1.1.Commercial Refrigeration Equipment Market Definition
2.1.2.Commercial Refrigeration Equipment Market Taxonomy
2.2.Commercial Refrigeration Equipment Market Dynamics
2.2.1.Drivers
2.2.2.Restraints
2.2.3.Opportunities
2.2.4.Trends
2.3.Value Chain
2.4.Routes to Market
2.5.Prospective Line of R&D
2.6.Key Factors Influencing Commercial Refrigeration Systems Purchase Decision-making
2.7.Porter’s Five Forces
2.8.Cost Structure
2.9.Trend Prominence
2.10.Replacement Rate
2.11.Global Commercial Refrigeration Equipment Market
2.11.1.Market Volume (‘000 Units)
2.11.2.Market Size (US$ Mn)
2.11.3.Absolute $ Opportunity

3.Global Commercial Refrigeration Equipment Market Analysis and Forecast, By Product Type
3.1.Introduction
3.1.1.Basis Point Share Analysis, by Product Type
3.1.2.Y-o-Y Growth Projections, by Product Type
3.2.Global Commercial Refrigeration Equipment Market Value and Volume Forecast, by Product Type
3.2.1.Transportation Refrigeration
3.2.1.1.Shipping Container
3.2.1.2.Trailer
3.2.1.3.Truck
3.2.2.Freezer and Refrigerator
3.2.2.1.Walk-in
3.2.2.2.Reach-in
3.2.2.3.Chest
3.2.3.Beverage Refrigeration Equipment
3.2.3.1.Drinking Fountain
3.2.3.2.Soda Fountain
3.2.3.3.Beverage Dispensing
3.2.3.4.Beer Dispensing
3.2.4.Refrigerated Display Cases
3.2.4.1.Other Beverage Cases
3.2.4.2.Wine Cases
3.2.5.Ice Machine
3.2.6.Refrigerated Vending Machine
3.3.Global Commercial Refrigeration Equipment Market Attractiveness Analysis, by Product Type

4.Global Commercial Refrigeration Equipment Market Value and Volume Forecast, by Application
4.1.Introduction
4.1.1.Basis Point Share Analysis, by Application
4.1.2.Y-o-Y Growth Projections, by Application
4.2.Global Commercial Refrigeration Equipment Market Value and Volume Forecast, by Application
4.2.1.Food and Beverage Production
4.2.2.Food and Beverage Retail
4.2.3.Food and Beverage Distribution
4.2.4.Food Service
4.3.Global Commercial Refrigeration Equipment Market Attractiveness Analysis, by Application

5.Global Commercial Refrigeration Equipment Market Value and Volume Forecast, by Region
5.1.Introduction
5.1.1.Basis Point Share Analysis, by Region
5.1.2.Y-o-Y Growth Projections, by Region
5.2.Global Commercial Refrigeration Equipment Market Value and Volume Forecast, by Region
5.2.1.North America
5.2.2.Latin America
5.2.3.EU
5.2.4.EEU
5.2.5.Other CIS Countries
5.2.6.APAC (Excluding China)
5.2.7.China
5.2.8.Middle East
5.2.9.Africa
5.3.Global Commercial Refrigeration Equipment Market Attractiveness Analysis, by Region

6.North America Commercial Refrigeration Equipment Market
6.1.Introduction
6.1.1.Basis Point Share Analysis, by Product Type
6.1.2.Y-o-Y Growth Projections, by Product Type
6.2.North America Commercial Refrigeration Equipment Market Value and Volume Forecast, by Product Type
6.2.1.Transportation Refrigeration
6.2.1.1.Shipping Container
6.2.1.2.Trailer
6.2.1.3.Truck
6.2.2.Freezer and Refrigerator
6.2.2.1.Walk-in
6.2.2.2.Reach-in
6.2.2.3.Chest
6.2.3.Beverage Refrigeration Equipment
6.2.3.1.Drinking Fountain
6.2.3.2.Soda Fountain
6.2.3.3.Beverage Dispensing
6.2.3.4.Beer Dispensing
6.2.4.Refrigerated Display Cases
6.2.4.1.Other Beverage Cases
6.2.4.2.Wine Cases
6.2.5.Ice Machine
6.2.6.Refrigerated Vending Machine
6.3.North America Commercial Refrigeration Equipment Market Value and Volume Forecast, by Application
6.3.1.Introduction
6.3.1.1.Basis Point Share Analysis, by Application
6.3.1.2.Y-o-Y Growth Projections, by Application
6.3.2.North America Commercial Refrigeration Equipment Market Value and Volume Forecast, by Application
6.3.2.1.Food and Beverage Production
6.3.2.2.Food and Beverage Retail
6.3.2.3.Food and Beverage Distribution
6.3.2.4.Food Service
6.4.North America Commercial Refrigeration Equipment Market Value and Volume Forecast, by Country
6.4.1.U.S.
6.4.2.Canada
6.5.Market Attractiveness Analysis
6.5.1.By Product Type
6.5.2.By Application
6.5.3.By Country

7.Latin America Commercial Refrigeration Equipment Market
7.1.Introduction
7.1.1.Basis Point Share Analysis, by Product Type
7.1.2.Y-o-Y Growth Projections, by Product Type
7.2.Latin America Commercial Refrigeration Equipment Market Value and Volume Forecast, by Product Type
7.2.1.Transportation Refrigeration
7.2.1.1.Shipping Container
7.2.1.2.Trailer
7.2.1.3.Truck
7.2.2.Freezer and Refrigerator
7.2.2.1.Walk-in
7.2.2.2.Reach-in
7.2.2.3.Chest
7.2.3.Beverage Refrigeration Equipment
7.2.3.1.Drinking Fountain
7.2.3.2.Soda Fountain
7.2.3.3.Beverage Dispensing
7.2.3.4.Beer Dispensing
7.2.4.Refrigerated Display Cases
7.2.4.1.Other Beverage Cases
7.2.4.2.Wine Cases
7.2.5.Ice Machine
7.2.6.Refrigerated Vending Machine

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Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

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