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Commercial Refrigeration Equipment Market By Size | Growth | Analysis | Trends And Forecasts 2026

Commercial refrigeration equipment are used in restaurants, supermarkets, convenience stores, etc. New technologies and regulations are leading to the development of commercial refrigeration with energy efficiency that has a very low impact on the environment. Self-contained and remote condensing, among these, food service establishments are increasingly using commercial refrigeration equipment that are self-contained.

Because the self-contained refrigerators have a system combined into a single physical unit. Meanwhile, refrigerators that are remote condensed are witnessing increased demand from the supermarket.

Request to Sample report @ https://www.persistencemarketresearch.co/samples/2790

As refrigeration systems used by grocery stores and stores are expensive. Moreover, in case of sudden breakdown, there is a considerable risk to the inventory. Hence, companies are working on introducing eco-friendly refrigeration system with the feature to save power, thereby, saving the cost on initial investment and power.

Energy management strategies by food-service providers and supermarkets are resulting in the purchase of energy star products. Hence, manufacturers are also focusing on introducing new technologies in commercial refrigeration equipment to minimize the energy consumed by the equipment.

Anti-short cycling, automatic temperature control and automated defrost are some of the features being included in the commercial refrigeration equipment. Moreover, refrigerator equipment replacement and retrofit are also taking place on a large scale in the global commercial refrigeration equipment market.

As per the study by Persistence Market Research (PMR), the global market for commercial refrigeration equipment is anticipated to see a steady growth during 2017-2026. The global commercial refrigeration equipment market is also likely to exceed the value of US$ 45,000 Million revenue by 2026 end. 2017-2026.

Refrigerator and Freezer to Witness Highest Sales in the Global Market for Commercial Refrigeration Equipment

Based on the product type, refrigerator and freezer are likely to account for the highest sales during the forecast period. By 2026 end, refrigerator and freezer are projected to surpass US$ 13,000 Million in terms of revenue.

On the basis of application, commercial refrigeration equipment is anticipated to find the largest application in food service. Towards the end of 2026, food service is projected to reach close to US$ 14,000 Million revenue. Meanwhile, food and beverage retail is also likely to witness an impressive growth in the global commercial refrigeration equipment market.

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North America to Witness the Highest Growth in the Global Market for Commercial Refrigeration Equipment

Between 2017 and 2026, North America followed by Asia Pacific Excluding China (APEC) is likely to witness significant growth, North America by the end of 2026 is projected to exceed US$ 12,000 Million in terms of value.

The commercial refrigeration industry in North America sees CO2 as a mainstream technology in refrigeration. Manufacturers of commercial refrigeration equipment in the U.S. are involved in some type of CO2 project. Moreover, the biggest reason behind choosing CO2 is to achieve the corporate sustainability goal. Meanwhile, increasing development of retail stores and supermarkets in Asia Pacific is also driving the demand for commercial refrigeration equipment.

Company Profiles

  • 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
  • Ingersoll-Rand PLC

For in-depth competitive analysis, buy [email protected] https://www.persistencemarketresearch.com/checkout/2790

Categories
All News News

Commercial Refrigeration Equipment Market by Size | Growth | Analysis | Trends and Forecasts to 2017-2026

Commercial refrigeration equipment are used in restaurants, supermarkets, convenience stores, etc. New technologies and regulations are leading to the development of commercial refrigeration with energy efficiency that has a very low impact on the environment. Self-contained and remote condensing, among these, food service establishments are increasingly using commercial refrigeration equipment that are self-contained. Because the self-contained refrigerators have a system combined into a single physical unit. Meanwhile, refrigerators that are remote condensed are witnessing increased demand from the supermarket.

Request to Sample report @ https://www.persistencemarketresearch.com/samples/2790

As refrigeration systems used by grocery stores and stores are expensive. Moreover, in case of sudden breakdown, there is a considerable risk to the inventory. Hence, companies are working on introducing eco-friendly refrigeration system with the feature to save power, thereby, saving the cost on initial investment and power. Energy management strategies by food-service providers and supermarkets are resulting in the purchase of energy star products. Hence, manufacturers are also focusing on introducing new technologies in commercial refrigeration equipment to minimize the energy consumed by the equipment. Anti-short cycling, automatic temperature control and automated defrost are some of the features being included in the commercial refrigeration equipment. Moreover, refrigerator equipment replacement and retrofit are also taking place on a large scale in the global commercial refrigeration equipment market.

As per the study by Persistence Market Research (PMR), the global market for commercial refrigeration equipment is anticipated to see a steady growth during 2017-2026. The global commercial refrigeration equipment market is also likely to exceed the value of US$ 45,000 Million revenue by 2026 end. 2017-2026.

Refrigerator and Freezer to Witness Highest Sales in the Global Market for Commercial Refrigeration Equipment

Based on the product type, refrigerator and freezer are likely to account for the highest sales during the forecast period. By 2026 end, refrigerator and freezer are projected to surpass US$ 13,000 Million in terms of revenue.

On the basis of application, commercial refrigeration equipment is anticipated to find the largest application in food service. Towards the end of 2026, food service is projected to reach close to US$ 14,000 Million revenue. Meanwhile, food and beverage retail is also likely to witness an impressive growth in the global commercial refrigeration equipment market.

Request For [email protected] https://www.persistencemarketresearch.com/methodology/2790

North America to Witness the Highest Growth in the Global Market for Commercial Refrigeration Equipment

Between 2017 and 2026, North America followed by Asia Pacific Excluding China (APEC) is likely to witness significant growth, North America by the end of 2026 is projected to exceed US$ 12,000 Million in terms of value. The commercial refrigeration industry in North America sees CO2 as a mainstream technology in refrigeration. Manufacturers of commercial refrigeration equipment in the U.S. are involved in some type of CO2 project. Moreover, the biggest reason behind choosing CO2 is to achieve the corporate sustainability goal. Meanwhile, increasing development of retail stores and supermarkets in Asia Pacific is also driving the demand for commercial refrigeration equipment.

Company Profiles

  • 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
  • Ingersoll-Rand PLC

For in-depth competitive analysis, buy [email protected] https://www.persistencemarketresearch.com/checkout/2790

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Commercial Refrigeration Equipment Market Study by Verified Market Research � SWOT and PESTEL Analysis, CAGR and Value Chain Study for the septennial 2021-2027

  

Commercial Refrigeration Equipment Market was valued at USD 32.63 Billion in 2018 and is projected to reach USD 56.16 Billion by 2026, growing at a CAGR of 7.04 %from 2019 to 2026.

This will give a brief overview of the market landscape. As the market is ballooning at an unprecedented rate, the Commercial Refrigeration Equipment market report has added a section filled with actionable recommendations to reap the benefits of the sprouting opportunities.

Verified Market Research collected the data from the reliable sources such as yearly reports of established players and government websites to churn out the specific information. The report is designed to give a step-wise guidance for different segments, demographics and trends of the Commercial Refrigeration Equipment market.

 

 

Driving Players associated with the Commercial Refrigeration Equipment Market incorporates:

• Emerson Electric Company
• Carrier Corporation
• Danfoss
• GEA Group
• Heatcraft Worldwide Refrigeration
• Daikin
• Johnson Controls
• Bitzer
• Advansor
• Baltimore Aircoil Company

Commercial Refrigeration Equipment Market: Key Catalysts

SWOT and PESTLE analyses are also enclosed at the end of the Commercial Refrigeration Equipment report to empower the readers with tools for understanding every basic detail associated with the market under investigation.

Currently, the Commercial Refrigeration Equipment market is undergoing a lot of changes due to technological advancements, but in return they are also opening new doors of opportunities for the enterprises. All of the data from competitors, revenue to external factors, everything is depicted in the form of graphs, tables and charts. This gives a clearer view of the Commercial Refrigeration Equipment market. From planning till execution, the Commercial Refrigeration Equipment report guides the clients through every step and the market analysts are available 24/7 to solve the market-related queries.

Commercial Refrigeration Equipment Market Report Scope 

Report Attribute Details
Market size available for years 2020 – 2027
Base year considered 2020
Historical data 2015 – 2019
Forecast Period 2020 – 2027
Quantitative units Revenue in USD million and CAGR from 2020 to 2027
Segments Covered Types, Applications, End-Users, and more.
Report Coverage Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Customization scope Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options Avail of customized purchase options to meet your exact research needs. Explore purchase options

 

 

What key insights does the Commercial Refrigeration Equipment market research provide?

• Past and current revenue statistics of the Commercial Refrigeration Equipment market players analysed at regional level.
• Individual profiling of major stakeholders.
• Analysis of the Commercial Refrigeration Equipment market size on the basis of product type and end use type.
• Accurate Commercial Refrigeration Equipment market forecast of volume in numbers and percentages.
• Demand prospect of individual segments covered in the Commercial Refrigeration Equipment report.

What queries are resolved by the Commercial Refrigeration Equipment market research?

1. What are the restraints slowing down the progress of Commercial Refrigeration Equipment market?
2. Why are the end consumers getting more inclined towards alternative Commercial Refrigeration Equipment market products?
3. How the Commercial Refrigeration Equipment market expected to shape in the next septennial?
4. What strategies are being appointed by the major players of the Commercial Refrigeration Equipment market to stay ahead of the competition?
5. What innovative technologies are being used by the established players of the Commercial Refrigeration Equipment market to stay ahead of the competition?

Why choose Verified Market Research?

• Smart dashboard to provide details about updated industry trends.
• Data collection from different network partners such as suppliers, vendors, service providers, for giving out a clear perspective of the Commercial Refrigeration Equipment market.
• Strict quality checking standards – Data collection, triangulation, and validation.
• 24/7 at your service.

Visualize Commercial Refrigeration Equipment Market using Verified Market Intelligence:-

Verified Market Intelligence is our BI enabled platform for narrative storytelling of this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue impacting decisions for a brilliant future.

VMI provides a holistic overview and global competitive landscape with respect to Region, Country, and Segment and Key players of your market. Present your Market Report & findings with inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.

 

Visualize Commercial Refrigeration Equipment Market using VMI @  https://www.verifiedmarketresearch.com/vmintelligence/

 

About Us: Verified Market Research

Verified Market Research is a leading Global Research and Consulting firm that has been providing advanced analytical research solutions, custom consulting and in-depth data analysis for 10+ years to individuals and companies alike that are looking for accurate, reliable and up to date research data and technical consulting. We offer insights into strategic and growth analyses, Data necessary to achieve corporate goals and help make critical revenue decisions.

Our research studies help our clients make superior data-driven decisions, understand market forecast, capitalize on future opportunities and optimize efficiency by working as their partner to deliver accurate and valuable information. The industries we cover span over a large spectrum including Technology, Chemicals, Manufacturing, Energy, Food and Beverages, Automotive, Robotics, Packaging, Construction, Mining & Gas. Etc.

We, at Verified Market Research assist in understanding holistic market indicating factors and most current and future market trends. Our analysts, with their high expertise in data gathering and governance, utilize industry techniques to collate and examine data at all stages. They are trained to combine modern data collection techniques, superior research methodology, subject expertise and years of collective experience to produce informative and accurate research.

Having serviced over 5000+ clients, we have provided reliable market research services to more than 100 Global Fortune 500 companies such as Amazon, Dell, IBM, Shell, Exxon Mobil, General Electric, Siemens, Microsoft, Sony and Hitachi. We have co-consulted with some of the world’s leading consulting firms like McKinsey & Company, Boston Consulting Group, Bain and Company for custom research and consulting projects for businesses worldwide.

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Verified Market Research

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