Press release
Expansion of Retail Sector to Drive Europe Commercial Refrigeration Equipment Market to US$11.6 bn by 2019
The report provides information that helps a reader have a clear and decisive opinion on the commercial refrigeration equipment market. Based on the information provided in the report regarding the challenges which new entrants face, the strategies used by leading companies in the commercial refrigeration equipment market, and also the present and future trends, an interested individual or enterprise can effectively make smart decisions regarding an investment in the market.
Commercial refrigerators are free-standing equipment that provide cold storage for food and beverages for commercial kitchens and dining facilities. In recent times, Europe has seen the emergence of newer retail shops and the expansion of existing stores that require commercial refrigerators, including hotels, supermarkets, and cafes, thus boosting the commercial refrigeration equipment market. Another factor driving the commercial refrigeration equipment market is the increase in the trade of frozen food items. Growing seafood exports, horticulture, and rise in the trade of international food have all led to a heightened demand from the commercial refrigeration equipment market in Europe.
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One of the emerging trends in the commercial refrigeration equipment market is the development of solar-powered commercial refrigeration systems. The growing focus on environmental regulations is leading to the development of such commercial refrigeration. Remote-monitored commercial refrigeration equipment is another class of innovative products in this line that will open new opportunities for the market in the forthcoming years. Remote-monitored commercial refrigeration equipment has advantages such as the capability to detect high pressure, high liquid levels, and leaks if any.
The Europe commercial refrigeration equipment market is segmented on the basis of application, product type, and by geography. On the basis of application, the market is segmented into food service, food and beverage distribution, food and beverage retail, and food and beverage production. Out of these, the food and beverage retail segment is anticipated to have the highest demand during the period from 2013 to 2019. On the basis of product, the market is segmented into beverage refrigeration, refrigerators and freezers, transportation refrigeration equipment, parts, and other equipment. Of these, the transportation refrigeration equipment and refrigerators and freezers segments are growing at a fast pace, and accounted for 36.2% of the Europe commercial refrigeration equipment market.
Research Report with ToC and Free Analysis:http://www.transparencymarketresearch.com/europe-commercial-refrigeration-equipment-market.html
The report profiles the leading manufacturers of commercial refrigeration equipment in Europe, such as: Hussmann International Inc., Metalfrio Solutions SA, Hubbard Products Ltd., Dover Corporation, Epta S.p.A., United Technologies Corporation, and Illinois Tool Works Inc.
The Europe commercial refrigeration equipment market has been segmented as below:
Product:
Transportation refrigeration equipment
Refrigerators & freezers
Beverage refrigeration
Other equipment
Parts
Applications:
Food service
Food & beverage retail
Food & beverage distribution
Food & beverage production
Others
Geography:
United Kingdom
Germany
Italy
France
Scandinavia
Rest of Europe
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
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