Press release
Cool Innovations: The Evolving Market for Refrigerated Display Cabinets
According to The Business Research Company's, the refrigerated display cabinets market size has grown strongly in recent years. It will grow from $7.66 billion in 2023 to $8.12 billion in 2024 at a compound annual growth rate (CAGR) of 6%. the growth in the historic period can be attributed to stringent regulations regarding food safety, increased expansion of the retail sector, growing foodservice industry, increased consumer awareness of health and wellness, the growth of online grocery shopping, increased demand for fresh produce.
the refrigerated display cabinets market size is expected to see strong growth in the next few years. It will grow to $10.26 billion in 2028 at a compound annual growth rate (CAGR) of 6.1%. the growth in the forecast period can be attributed to growing demand for ready to eat foods, growing emphasis on sustainability, increasing demand for aesthetically pleasing and customizable display solutions, increasing consumer preference for fresh and perishable goods, rising disposable incomes in emerging economies, rising demand for specialty refrigerated display cabinets, rising demand for modular and customizable refrigerated cabinets, increasing investment in cold chain infrastructure. Major trends in the forecast period include the adoption of energy efficient technologies, advancements in IoT integration revolutionizing, implementation of transparent and interactive display features, adoption of eco friendly refrigerants, development of modular units facilitates, development of hybrid refrigeration systems, development of mobile app integration, advancements in display technology, such as organic light-emitting diode (OLED) and curved screens.
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/refrigerated-display-cabinets-global-market-report
Market Drivers and Trends:
The increasing demand for electric vehicles is expected to propel the growth of the smart electric drive market going forward. Electric vehicles (EVs) are automobiles powered by electricity stored in rechargeable batteries or other energy storage devices. The demand for electric vehicles is increasing due to advances in battery technology, government support, the growing availability of models, stricter emissions standards, and second-hand markets. Smart electric drives are at the core of electric vehicle technology, offering significant advantages in efficiency, performance, and environmental impact compared to traditional internal combustion engines. For instance, in January 2024, according to a report published by the Energy Information Administration (EIA), a US-based environmental impact assessment of electric vehicles, around 12.9 million electric vehicles were produced worldwide in 2023, an increase of 6.7% compared to 2022. Therefore, the increasing demand for electric vehicles is driving the growth of the smart electric drive market.
Major companies operating in the market of refrigerated display cabinets are developing sustainable technologies, such as propane-based cabinets, to enhance temperature control and reduce energy consumption. Propane-based refrigerated cabinets utilize propane (R290) as a refrigerant, providing a greener alternative to traditional refrigerants. For instance, in October 2023, AHT, an Austrian-based heating and refrigeration technology manufacturer, launched a new range of propane-based refrigerated cabinets. This new range, called KALEA, represents a significant improvement in efficiency and sustainability for retailers. The KALEA units are designed to cater to both medium- and low-temperature applications and are available in plug-in and semi-plug-in units to suit different store needs. The semi-plug-in units seamlessly integrate into glycol-water systems, capturing waste heat from refrigeration for space heating or hot water production. This innovative feature cuts energy use and slashes costs, and these units effortlessly connect to water loop systems via multiplex connections, ensuring a smooth and efficient integration.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=16175&type=smp
Major Key Players of the Market:
Major companies operating in the market of refrigerated display cabinets are developing sustainable technologies, such as propane-based cabinets, to enhance temperature control and reduce energy consumption. Propane-based refrigerated cabinets utilize propane (R290) as a refrigerant, providing a greener alternative to traditional refrigerants. For instance, in October 2023, AHT, an Austrian-based heating and refrigeration technology manufacturer, launched a new range of propane-based refrigerated cabinets. This new range, called KALEA, represents a significant improvement in efficiency and sustainability for retailers. The KALEA units are designed to cater to both medium- and low-temperature applications and are available in plug-in and semi-plug-in units to suit different store needs. The semi-plug-in units seamlessly integrate into glycol-water systems, capturing waste heat from refrigeration for space heating or hot water production. This innovative feature cuts energy use and slashes costs, and these units effortlessly connect to water loop systems via multiplex connections, ensuring a smooth and efficient integration.
Refrigerated Display Cabinets Market 2024 Key Insights:
• The refrigerated display cabinets market size is expected to grow to$10.26 billion in 2028 at a compound annual growth rate (CAGR) of 6.1%.
• Expansion Of Food Service Industry Boosts Refrigerated Display Cabinets Market Growth
• Innovative Battery Management Systems Enhancing Efficiency And Safety in Electric Vehicles
• Asia Pacific was the largest region in the refrigerated display cabinets market in 2023
We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/customise?id=16175&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Cool Innovations: The Evolving Market for Refrigerated Display Cabinets here
News-ID: 3683095 • Views: …
More Releases from The Business Research Company
Competitive Analysis: Leading Companies and New Entrants in the Wire Arc Additiv …
The wire arc additive manufacturing cell market is rapidly gaining traction as industries increasingly embrace advanced metal 3D printing technologies. With significant investments and technological breakthroughs, this sector is set to experience remarkable growth, transforming manufacturing processes across multiple fields. Let's explore the market's size, influential players, key trends, and segmentation to understand its future trajectory.
Projected Expansion of the Wire Arc Additive Manufacturing Cell Market
The wire arc additive manufacturing cell…
Future Perspectives: Key Trends Shaping the Viscosupplementation Treatment for A …
The viscosupplementation treatment for arthritis market is on the verge of significant expansion, driven by advances in medical technology and a growing demand for effective arthritis therapies. With increasing awareness around early intervention and new treatment options, this sector is poised for rapid development over the coming years. Let's explore the market size, key players, emerging trends, and segment-wise forecasts that define this growing industry.
Projected Market Growth and Size of…
Segmentation, Major Trends, and Competitive Overview of the Viral Vector Develop …
The viral vector development service market is set to experience substantial growth in the coming years, driven by technological progress and increasing demand from various sectors. As gene therapies and advanced treatments gain prominence, the need for efficient viral vector production and development is becoming more critical. Let's explore the market size projections, key players, emerging trends, and the segment structure shaping this industry's future.
Projected Expansion and Market Size of…
Competitive Landscape: Leading Companies and New Entrants in the Transient Elast …
The transient elastography market is poised for substantial expansion as advancements in healthcare diagnostics continue to evolve. Increasing emphasis on non-invasive techniques and early disease detection is driving widespread adoption, setting the stage for strong market growth in the coming years. Let's explore the current market valuation, leading players, emerging innovations, and key segments shaping this industry.
Projected Market Value and Growth of the Transient Elastography Market
The transient elastography market is…
More Releases for Refrigerated
HYSUN newly launched customized refrigerated containers
HYSUN is proud to introduce our new range of New Customized Refrigerated Container, [https://www.hysuncontainer.com/] designed to meet the most stringent temperature control requirements. These custom reefer containers are equipped with state-of-the-art refrigeration and freezing units to ensure that your products remain in optimal condition throughout the entire transportation or storage process.
Product Features:
Our reefer containers [https://www.hysuncontainer.com/] are constructed with galvanized steel, and the interior walls, floor, ceiling, and doors are made…
Refrigerated Warehousing And Storage Market Report 2024 - Refrigerated Warehousi …
"The Business Research Company recently released a comprehensive report on the Global Refrigerated Warehousing And Storage Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
Ready to Dive into Something Exciting? Get Your Free…
Refrigerated Transport Market Forecast Report by Mode of Transportation (Refrige …
The Refrigerated Transport Market
The global refrigerated transport market is on a trajectory of significant growth, with projections indicating an increase from $17.77 billion in 2023 to $27.07 billion by 2032. This expansion represents a compound annual growth rate (CAGR) of 4.79% from 2024 to 2032. The market's growth is primarily driven by the increasing demand for temperature-controlled logistics in supply chains to maintain the efficacy and shelf life of sensitive…
Refrigerated Transport Market: Impact Of Russia-Ukraine War On Refrigerated Tran …
Global Refrigerated Transport Market 2022-2028: As the world economy continues to grow, so does the need for efficient, reliable data. This is why we are releasing our Global Refrigerated Transport Market 2022-2028 report, which will give you a comprehensive overview of this industry. In this report, you'll find historical and future cost, revenue, demand, supply and import/export data for your distributor's value chain. You'll also get an in-depth analysis of…
Global Refrigerated Vehicles Market: India’s Import of refrigerated vehicles w …
Refrigerated trucks include different types of vehicles used for different transportation needs depending on loading requirements. Some of these types include refrigerated vans, refrigerated trucks, refrigerated trailers, refrigerated wagons, refrigerated vessels, refrigerated air transport, refrigerated containers, temperature controlled containers, intermodal refrigerated containers, insulated containers, integrated refrigerated containers, and multi-modal. Includes temperature container. Increasing consumer awareness of fresh food is one of the key factors in increasing demand for refrigerated vehicles…
Refrigerated Transport Market Forecast to 2028 - COVID-19 Impact and Global Anal …
MARKET OVERVIEW
Refrigerated transportation is also known as reefer freight. Refrigerated transport is a means of conveyance of food products pharmaceuticals that require special, temperature controlled vehicles. The vehicle is used for refrigerated transportation has a built-in refrigeration system that keeps the products at a preferred temperature throughout the transportation process. The benefit of refrigerated transportation is that it keeps products from deteriorating and losing its value during the transportation process.…
