Commercial Refrigeration Equipment Market worth $43.3 billion by 2026 | Key players Carrier, Emerson Electric Company, Daikin, Danfoss, GEA Group.

According to recent market research the "Commercial Refrigeration Equipment Market by product Type, Refrigerant Type (Fluorocarbons, Hydrocarbons, Inorganics), Application (Hotels & Restaurants, Supermarkets & Hypermarkets), and Region - Global Forecast to 2026" The global commercial refrigeration equipment market is estimated to be USD 32.0 billion in 2021 and is projected to reach USD 43.3 billion by 2026, at a CAGR of 6.2%, from 2021 to 2026. Improving consumer lifestyles and flourishing food and healthcare industries, growing cold chain market, and increasing use of advanced technologies, for instance, magnetic refrigeration, are opportunities for the growth of the commercial refrigeration equipment market.

Browse 259 market data Tables and 39 Figures spread through 254 Pages and in-depth TOC on "Commercial Refrigeration Equipment Market - Global Forecast to 2026"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/commercial-refrigeration-equipment-market-32445265.html

In terms of product type, the transportation refrigeration segment is estimated to account for the largest share of the commercial refrigeration equipment market in 2021. The commercial refrigeration equipment for refrigerated transport is one of the essential links in the cold chain system for the distribution of food commodities, such as bakery & confectionery products, dairy products, beverages, fresh fruits & vegetables, ice creams, frozen dairy products, processed meat, and fish & seafood products.

In terms of application, the supermarkets & hypermarkets segment is estimated to be the largest segment of the commercial refrigeration equipment market in 2021. Various commercial refrigeration equipment (CRE) such as display cases, refrigerated vending machines, among others, are being used as selling points in supermarkets & hypermarkets. High consumption of FMCG products including ready-to-eat salads and sandwiches and beverages, among others, are sold using CRE products to help improve customer service and engagement.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=32445265

Asia Pacific is the largest market for commercial refrigeration equipment, globally. The region consists of key revenue-generating countries, such as India and China. These countries have a large consumer base and lucrative opportunities for chilled and frozen food products. In addition, development in the automotive industry of these countries is expected to boost the growth of the refrigerated transport market in the region.
Key players in the commercial refrigeration equipment market include Carrier (US), Emerson Electric Company (US), Daikin (Japan), Danfoss (Denmark), and GEA Group (Germany).

For more Details Speak to Our Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=32445265

Carrier Corporation is a leading company in the air conditioning, heating, and refrigeration industries. Carrier is one of the world's leading providers of refrigeration and air conditioning solutions, and a part of United Technologies Corp, operating in its UTC Climate, Controls, & Security segment. The company was established to provide solutions for various applications in transport refrigeration, air conditioning, and commercial refrigeration equipment, among other industries. The company provides a broad range of refrigerated cabinets, freezers, counters, systems, and controls. The company has its operations in Europe, the Middle East, and Asia. The research and development centers are in Germany and China. The company is focused on product innovations and investments in new technologies, systems, and products. In October 2019, Carrier launched two refrigerated impulse units, Areor total transparency unit, and EasyCubeTM chiller island for grocery stores, convenience stores, and hypermarkets in Europe. These two products come with energy efficiency and customizable features.

Emerson Electric Company is one of the leading providers of engineering services, globally. The company provides solutions for commercial, industrial, and residential applications. It operates through the commercial & residential solutions and automation solutions segments. The commercial & residential solutions segment is one of the leading providers of air conditioning, heating, and refrigeration solutions for commercial, industrial, and residential applications. It manufactures condensing units enhanced with the latest compressor technology. The company has a presence in many regions globally but operates primarily in Europe, Asia, Africa, and North America. The company is focused on organic development strategy to enhance the customer base. For instance, in March 2021, Emerson launched Copeland variable speed reciprocating hermetic compressors which are applicable for commercial refrigeration. The models are designed for energy saving and improve performance in various commercial refrigeration applications. Also, in January 2020, Emerson launched the Copeland Indoor Modular Solution, a retail refrigeration system. It comes with plug-in refrigeration for quick development cycles and retail rollouts. The product is made for display cases and other food retail applications in stores.

Contact:

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: newsletter@marketsandmarkets.com
Press Release: https://www.marketsandmarkets.com/PressReleases/commercial-refrigeration-equipment.asp
Research Insights: https://www.marketsandmarkets.com/ResearchInsight/commercial-refrigeration-equipment-market.asp

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

This release was published on openPR.