Posted on Jan 18 2023 9:07 AM

"The Commerical Referigeration Equipment Market is projected to grow from USD 48.18 billion in 2021 to USD 68.81 billion in 2028 at a CAGR of 5.2% in the 2021-2028 period. "

Global  Commerical Referigeration Equipment Market report explores comprehensive and insightful information about various key factors like regional growth, segmentation, CAGR, business revenue status of top key players and drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.

The Commerical Referigeration Equipment Market report majorly focuses on market trends in 2022, historical growth rate, technologies, and the changing investment structure. Additionally, the report shows the latest market insights, increasing growth opportunities, business strategies, and growth plans adopted by major players. Moreover, it contains an analysis of current market dynamics, future developments, and Porter’s Five Forces Analysis.

The Commerical Referigeration Equipment Market is projected to grow from USD 48.18 billion in 2021 to USD 68.81 billion in 2028 at a CAGR of 5.2% in the 2021-2028 period.

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Industry Development-

Industry Developments:

• May 2021: Carrier Transicold's Iceland 8 engineless refrigeration unit was chosen by Delanchy Group, a transport and logistics company, to install all-electric delivery vehicles to its fleet.

The Study Objectives of this Report Are:

• To analyze global status, future forecast and growth opportunity.
• To present the market development in North America, Europe, China, Japan, Southeast Asia, India and Central and South America.
• To strategically profile the key players and comprehensively analyse their development plan and strategies.
• To define, describe and forecast the Commerical Referigeration Equipment Market by type, global size and key regions.

List of Key Companies Operating in Commerical Referigeration Equipment Market Include:

• Emerson Electric Co. (St. Louis, Missouri)
• Carrier Corporation (Farmington, Central Connecticut)
• Danfoss(Nordborg, Denmark)
• GEA Group Aktiengesellschaft (Düsseldorf, Germany)
• DAIKIN EUROPE GROUP (Ostend, Belgium)
• Johnson Controls (Cork, Ireland)
• Nor-Lake, Inc. (Hudson, Wisconsin)
• The Middleby Corporation (Elgin, Illinois)
• Imbera (Monterrey, Mexico)
• Welbilt (New Port Richey, Florida)
• AB Electrolux (Stockholm, Sweden)
• Ali Group S.r.l. (Cernusco sul Naviglio, Italy)
• AHT Cooling Systems GmbH (Rottenmann, Austria)
• Hillphoenix, A Dover Company (Georgia, U.S.)
• Excellence Industries (Florida, U.S.)
• Illinois Tool Works Inc. (Illinois, U.S.)
• Lennox International Inc. (Texas, U.S.)
• Minus Forty Technologies Corp. (Ontario, Canada)
• Panasonic Corporation (Osaka, Japan)
• True Manufacturing Co., Inc. (Missouri, U.S.)
• Whirlpool Corporation (Michigan, U.S.)
• Standex International Corporation (Salem, U.S.)
• Viessmann (Allendorf, Germany)
• Canadian Curtis Refrigeration Inc. (Vaughan, Canada)
• Everidge, Inc. (Plymouth, U.S.)

Some of the Key Questions Answered in this Report:

• What trends, challenges and barriers will impact the development and sizing of the global market?
• SWOT Analysis of each defined key player along with its profile and Porter’s five forces analysis to complement the same.
• What is the Commerical Referigeration Equipment Market growth momentum or market carries during the forecast period?
• Which region may tap the highest market share in the coming era?
• Which application/end-user category or Product Type may seek incremental growth prospects?
• What focused approach and constraints are holding the market demand?

The report specifically highlights company profiles with regional outlook, product portfolio, sales data, distribution chain, manufacturing, new market entrants as well as existing market players, advertising, brand value, popular products, demand and supply, and other important factors to help the new entrants understand the market scenario better.

Important factors like strategic developments, government regulations, end-users, target audience, distribution network, branding, product portfolio, market share, threats and barriers, growth drivers and latest trends in the industry are also

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Drivers & Restraints:

Growing Demand from Food & Beverage Sector to Stimulate Growth

The food and beverage industry are one of the most profitable sectors in the world, with the biggest yearly revenue contribution to global GDP. Through roughly 680,000 retail stores and food service outlets, the industry provides to clients by converting raw farm commodities from over 2 million farms into consumer food products. This boosts global production and consumption, and commercial refrigeration equipment sales. Furthermore, rising demand for consumer and ready-to-eat food and beverage items due to global increase in the use of commercial refrigeration equipment. Whereas, because this equipment is utilized in commercial applications, the price varies depending on the size, as commercial refrigerators, freezers, and other appliances are designed to fit into vast spaces. Therefore, the cost of owning and maintaining such massive machinery becomes a major market constraint.

Market Segment Analysis -Market Segment Analysis –

• By Type (Refrigerator & Freezer, Transport Refrigeration, Refrigerated Display Cases, Ice Machines, and Others)
• By Application (Food & Beverage, Retail Stores, Hotels & Restaurants, Chemicals & Pharmaceuticals, and Others)

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Key Points from TOC:

1. Introduction

1.1. Research Scope

1.2. Market Segmentation

1.3. Research Methodology

1.4. Definitions and Assumptions

2. Executive Summary
3. Market Dynamics

3.1. Market Drivers

3.2. Market Restraints

3.3. Market Opportunities

4. Key Insights

4.1 Global Statistics — Key Countries

4.2 New Product Launches

4.3 Pipeline Analysis

4.4 Regulatory Scenario — Key Countries

4.5 Recent Industry Developments — Partnerships, Mergers & Acquisitions

5. Global Commerical Referigeration Equipment Market Analysis, Insights and Forecast

5.1. Key Findings/ Summary

5.2. Market Analysis — By Product Type

5.3. Market Analysis — By Distribution Channel

5.4. Market Analysis — By Countries/Sub-regions

……………

11. Competitive Analysis

11.1. Key Industry Developments

11.2. Global Market Share Analysis

11.3. Competition Dashboard

11.4. Comparative Analysis — Major Players

12. Company Profiles
13. Strategic Recommendations

TOC Continued……………….

 

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