Press release
Commercial Refrigeration Equipment market is Expected to Represent US$ 45,913.5 Mn by 2026
In a new report titled “Commercial Refrigeration Equipment Market: Global Industry Analysis and Forecast, 2016 – 2026”, Persistence Market Research delivers key insights into the global commercial refrigeration equipment market and analyzes the key factors and trends influencing market performance. Sales revenue of the global commercial refrigeration equipment market is expected to register a CAGR of 5.0% over the forecast period (2016–2026), to be valued at US$ 45,913.5 Mn by 2026 end.
View and Download TOC of Commercial Refrigeration Equipment Market Report@
www.persistencemarketresearch.com/market-research/commerc...
Market dynamics
Rapid growth of the retail sector coupled with a robust growth of the food and related services sector is expected to be a major driver for the global commercial refrigeration equipment market over the forecast period. Furthermore, government regulations regarding usage of natural refrigerants over synthetic refrigerants is another factor that is expected to propel the growth of the global commercial refrigeration equipment market over the forecast period. However, decline in replacement rates for commercial refrigeration equipment is anticipated to restrain the growth of the global commercial refrigeration equipment market over the forecast period. Also, stringent government regulations pertaining to the development of energy efficient and environmentally friendly equipment is expected to be a challenge especially for Tier 2 and Tier 3 players.
The Food Service application segment is expected to be the largest segment in the global commercial refrigeration equipment market and is estimated to account for a value share of 32.3% by the end of 2016. The Food and Beverage Production segment was valued at US$ 4,705.3 Mn in 2015 while the Food and Beverage Retail segment stood at a market valuation of US$ 7,595.4 Mn in 2015.
Request and Download Sample Report@www.persistencemarketresearch.com/samples/2790
Among regions, North America is expected to dominate the overall global commercial refrigeration equipment market over the forecast period. Sales of commercial refrigeration equipment in North America is projected to increase from US$ 7,960.7 Mn in 2015 to US$ 12.54 Bn by 2026. Growing Asian economies such as China and India are expected to witness relatively faster growth during the forecast period. The China commercial refrigeration equipment market is expected to grow with the highest value CAGR of 8.2% in the forecast period. The market in Asia Pacific excluding China is expected to register a relatively high CAGR of 5.3% throughout the period 2016-2026
Vendor highlights
Standex International Corporation, Lennox International Inc., Daikin Industries Ltd., Illinois Tool Works Inc., AHT Cooling Systems GmbH, Whirlpool Corporation, United Technologies Corporation, Manitowoc Company, Inc., Panasonic Corporation, Qingdao Haier Co. Ltd., Fujimak Corporation, Hoshizaki Corporation, Electrolux AB, Dover Corporation, and Ingersoll-Rand PLC., are some of the leading companies operating in the global commercial refrigeration equipment market. Top market players are focusing on – new product development and launch of advanced and sustainable products through strategic R&D initiatives in product innovation; geographical expansion especially in high-growth markets such as India, China, and Brazil by increasing the number of manufacturing facilities worldwide; and collaborations / partnerships with established players in mature markets for business expansion and growth.
Buy Full Commercial Refrigeration Equipment Market Report@ www.persistencemarketresearch.com/checkout/2790
About Us
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.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
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 Commercial Refrigeration Equipment market is Expected to Represent US$ 45,913.5 Mn by 2026 here
News-ID: 736841 • Views: …
More Releases from Persistence Market Research
Off-Highway Radiators Market to Reach US$ 7.2 Bn by 2033 as Leading Players Like …
The off-highway radiators market plays a vital role in ensuring efficient thermal management in heavy-duty equipment used across construction, agriculture, mining, and forestry sectors. These radiators regulate engine temperatures, prevent overheating, and support consistent equipment performance under extreme operating conditions. Growing mechanization and the expansion of infrastructure projects worldwide are increasing reliance on durable cooling systems. Equipment manufacturers are prioritizing high-performance radiators that offer reliability, longer service life, and resistance…
ODM and EMS Wi-Fi Devices Market to Reach US$ 40.8 Billion by 2033 at 15.6% CAGR
The global ODM and EMS Wi-Fi devices market is projected to be valued at US$ 14.8 billion in 2026 and is forecast to surge to US$ 40.8 billion by 2033, registering a robust CAGR of 15.6% between 2026 and 2033. This rapid growth reflects the accelerating demand for advanced wireless connectivity solutions across residential, enterprise, and industrial environments. The expansion of 5G infrastructure, enterprise digital transformation strategies, and large-scale IoT…
Zink Printing Market to Reach US$ 2,126.0 Million by 2033 at 3.9% CAGR
Zink Printing Market Size and Trends Analysis
The global Zink printing market is projected to be valued at US$ 1,626.5 million in 2026 and is expected to reach US$ 2,126.0 million by 2033, expanding at a CAGR of 3.9% between 2026 and 2033. Zink (Zero Ink) printing technology eliminates the need for ink cartridges by using heat-activated color crystals embedded within specialized paper. This innovation has positioned Zink printers as a…
Indium Phosphide Market to Reach US$ 8.7 Billion by 2033 at 5.5% CAGR
The global Indium Phosphide (InP) market is poised for steady expansion, with its valuation expected to reach US$ 6.0 billion by 2026 and further grow to US$ 8.7 billion by 2033, registering a CAGR of 5.5% between 2026 and 2033. Indium phosphide, a high-performance compound semiconductor material, is widely used in optoelectronics, high-frequency electronics, and photonic integrated circuits (PICs). The market growth is largely fueled by the accelerating deployment of…
More Releases for Refrigeration
All Bay Refrigeration Expands Commercial Refrigeration & Maintenance Services
All Bay Refrigeration continues to strengthen its commitment to reliable and efficient cooling solutions for commercial clients across the Bay Area.
California, United States - All Bay Refrigeration is reinforcing its position as a trusted provider of commercial refrigeration installation, maintenance, and repair services for businesses that depend on consistent cooling performance. The company serves restaurants, grocery stores, and foodservice facilities, offering practical and dependable solutions that help ensure food safety,…
How Commercial Refrigeration Saves Money - Technological Innovations in Commerci …
Commercial refrigeration plays a crucial role in various industries, especially in food service. It involves equipment like the Remote Glass-Door Multideck Display Fridge [https://www.dusung-refrigeration.com/glass-door-multideck-display-fridge-remote-commercial-refrigerator-product/] and the island freezer with big glass window, designed to store perishable goods efficiently. You benefit from these systems as they offer high capacity open vertical refrigerated shelves, ensuring optimal storage. The most efficient island freezer reduces energy consumption, saving you money. By adopting advanced refrigeration…
Innovations in Refrigeration Technology Propel the Commercial Refrigeration Equi …
The "Commercial Refrigeration Equipment Market" is a dynamic and rapidly evolving sector, with significant advancements and growth anticipated by 2031. Comprehensive market research reveals a detailed analysis of market size, share, and trends, providing valuable insights into its expansion. This report delves into segmentation and definition, offering a clear understanding of market components and drivers. Employing SWOT and PESTEL analyses, the study evaluates the market's strengths, weaknesses, opportunities, and threats,…
Commercial Refrigeration Market Is Driving A Billion Dollar Industry, Worth US$ …
Astute Analytica's latest research report provides an extensive overview of the Global Commercial Refrigeration Market, conducting a comprehensive examination of various critical factors, including geographic expansion, market segmentation, competitive dynamics, and other key considerations.
As of 2022, the Global Commercial Refrigeration Market held a valuation of US$ 31.7 billion, with a projected growth to exceed US$ 50.3 billion by 2031. This anticipated expansion is expected to occur at a Compound Annual…
Refrigeration compressor purchase
Refrigeration compressor purchase Compressor selection is the first step in the establishment of a refrigeration system. Choosing a suitable refrigeration compressor can neither have excess power nor insufficient cooling capacity, which can lead to an increase in power consumption. It must be more suitable for the local environment. In this article, the editor will share with you the selection principles of refrigeration compressors.
First: Select the compressor according to the…
Global Magnetic Refrigeration Market, by Application – Industrial Refrigeratio …
Global magnetic refrigeration market has been witnessing growth, owing to several advantages, such as higher efficiency, lower cost, broad temperature range, environmental sustainability, and higher product lifecycle over conventional refrigeration. Increasing environmental concerns over the impact of conventional refrigerants are fueling the demand for alternate refrigeration technologies.
Request free sample report: https://quincemarketinsights.com/request-sample-22717
Magnetic refrigeration technology is utilized for cooling purpose using the magnetocaloric effect, also called adiabatic demagnetization. The innovation is regularly…
