Global Commercial Refrigeration Equipment Market is Growing exponentially and Its Fueled By Various Trends

Proliferating businesses of frozen food and chilled products, substantial advancements in the refrigeration systems, and increasing number allowances and rebates for highly efficient practices and methods are creating a conducive environment for growth of the commercial refrigeration equipment market. Initiatives undertaken by government bodies to support the usage of environmentally friendly refrigerants for controlling emission of harmful hydrofluorocarbons (HFCs), in EU and U.S. have led to positive impact on the market. Increasing women in the workforce, specifically in the Asia Pacific region is expected to fuel demand for ready-to-eat food, primarily owing to the lack of the time for performing household activities. However, long product lifecycles and intensive competition among manufacturers have led to significant decrease in the overall profit margins of industry participants.

Market Taxonomy

This report segments the global commercial refrigeration equipment market on the basis of product type, application, and geography. On the basis of product type, the commercial refrigeration equipment market is segmented into transportation (shipping container, trailer, truck), refrigerator & freezer (walk-in, reach in, chest), beverage refrigeration (drinking fountain, soda fountain, beverage dispensing, beer dispensing), refrigerated display cases (wine cases, other beverage cases), ice machines, and refrigerated wending machines. On the basis of application, the market is segmented into food & beverage production, food & beverage retail, food & beverage distribution, and food service. For comprehensive understanding of market dynamics, the global commercial refrigeration equipment market is analyzed across key geographical regions namely, Latin America, North America, Europe, Asia Pacific, Middle East, and Africa. Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.

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Key features of the study:

This report provides in-depth analysis of the commercial refrigeration equipment market with respect to its product type, applications, market size (US$ Million), and Cumulative Annual Growth Rate (CAGR (%)) for the forecast period: 2017 – 2025, considering 2016 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
It profiles leading players in the global commercial refrigeration equipment market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans

Key companies covered as a part of this study include United Technologies Corporation, Ingersoll-Rand plc, Johnson Controls Incorporated, Daikin Industries Limited, Dover Corporation, Hussmann Corporation, AHT Cooling Systems GmbH, Ali SpA, Illinois Tool Works Incorporated, Emerson Electric Company, Leer Incorporated, True Manufacturing Company Incorporated, and Whirlpool Corporation

Insights from this report would allow marketers and management authorities of companies to make informed decision with respect to their future product launch, end use industry upgrades, market expansion, and marketing tactics

The global commercial refrigeration equipment market report caters to various stakeholders in this industry, including investors, product manufacturers, distributors and suppliers for commercial refrigeration equipment market, research and consulting firms, new entrants, and financial analysts

Various strategy matrices used in analyzing the commercial refrigeration equipment market would provide stakeholders vital inputs to make strategic decisions accordingly

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