Global Commercial Refrigeration Equipment Market– Industry Trends and Forecast to 2026

  • Chemical and Materials
  • Upcoming Reports
  • Nov 2018
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

Global Commercial Refrigeration Equipment Market, By Equipment Type (Walk-in coolers, Transportation refrigeration equipment, Display cases, Beverage refrigeration, Parts, Ice making machineries, Other), Application (Food service, Food and beverage distribution, Food and beverage retail, Other), End-User (Supermarkets, Hotels/restaurants & catering, Hypermarkets, Convenience stores, E-commerce, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2026

Market Analysis: Global Commercial Refrigeration Equipment Market

Increased demand from commercial outlets for these equipment’s has driven the market for global commercial refrigeration equipment market. It is expected to grow at a CAGR of 6.0% in the forecast period of 2019-2026 raising the initial estimated value of USD 43.95 billion in 2018 to an estimated value of USD 70.06 billion by 2026.

Market Definition: Global Commercial Refrigeration Equipment Market

Commercial refrigerators are used so that the products stored inside them are easily visible for the consumer or the user of these refrigerators. They usually have one or two compartments, one of which includes a freezing compartment that is used to display items that need to be stored on or below 0°C. The other is a refrigerated compartment whose temperature varies. These refrigerators are designed to use vapour-compression systems.

Market Drivers:

  • Increased innovation and adoption of regulated equipment in the industry will drive the market growth
  • Increase in number of commercial outlets, like restaurants, fast-food outlets, and supermarkets will drive the market growth

Market Restraints:

  • High cost and power consumption of these equipment is set to restrain the market growth
  • Regulations by the authorities regarding energy consumption and chemicals is also one of the major restraint for the market

Segmentation: Global Commercial Refrigeration Equipment Market

  • By Equipment Type

    • Walk-in coolers

      • Packaged unit
      • Remote condensing unit
      • Remote plant

    • Transportation refrigeration equipment

      • Road
      • Rail
      • Marine
      • Air

    • Display cases

      • Plug-in cases
      • Remote cases

    • Beverage refrigeration

      • Beverage cooling & dispensing units
      • Drinking fountains
      • Beer dispensing units
      • Soda fountain equipment
      • Others

    • Parts
    • Ice making machineries

      • Ice cube machineries
      • Ice flake machineries
      • Ice nugget machineries

    • Other

      • Work top
      • Under-counter refrigeration
      • Prep tables

  • By Application

    • Food service
    • Food and beverage distribution
    • Food and beverage retail
    • Other

  • By End-User

    • Supermarkets
    • Hotels/restaurants & catering
    • Hypermarkets
    • Convenience stores
    • E-commerce
    • Others

  • By Geography

    • North America

      • U.S.
      • Canada
      • Mexico

    • South America

      • Brazil
      • Argentina
      • Rest of South America

    • Europe

      • Germany
      • France
      • United Kingdom
      • Italy
      • Spain
      • Russia
      • Turkey
      • Belgium
      • Netherlands
      • Switzerland
      • Rest of Europe

    • Asia-Pacific

      • Japan
      • China
      • South Korea
      • India
      • Australia
      • Singapore
      • Thailand
      • Malaysia
      • Indonesia
      • Philippines
      • Rest of Asia Pacific

    • Middle East & Africa

      • South Africa
      • Egypt
      • Saudi Arabia
      • United Arab Emirates
      • Israel
      • Rest of Middle East & Africa

Competitive Analysis: Global Commercial Refrigeration Equipment Market

The global commercial refrigeration equipment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of commercial refrigeration equipment market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Key Market Competitors: Global Commercial Refrigeration Equipment Market

Few of the major market competitors currently working in the commercial refrigeration equipment market are UNITED TECHNOLOGIES, Standex International Corporation, Lennox International, DAIKIN INDUSTRIES Ltd., Illinois Tool Works Inc., AHT Cooling Syste ms, Whirlpool Corporation, Manitowoc Foodservice, Panasonic Corporation, Haier Inc., FUJIMAK CORPORATION, Dover Corporation, Ingersoll-Rand plc, Johnson Controls, Ali Group S.r.l. a Socio Unico, Imbera FoodService, Master-Bilt Products, Middleby Corporation, Nor-Lake Inc., Tecumseh Products Company LLC, and Voltas Ltd.

Research Methodology: Global Commercial Refrigeration Equipment Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.

The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Key Insights in the report:

  • Complete and distinct analysis of the market drivers and restraints
  • Key Market players involved in this industry
  • Detailed analysis of the Market Segmentation
  • Competitive analysis of the key players involved

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