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Commercial Refrigeration Equipment Market at 5.1% Propelling CAGR | Global Forecast to 2025
Global Commercial Refrigeration Equipment – Research Report, By Type (Display Cases, Walk-in coolers, Ice-making, Beverage refrigeration, Parts & others), by Application (Food Manufacturing Industries, Hyper Market & Super Market) & by Geography (North America, Europe, Asia-Pacific & RoW) - Forecast to 2025
Published 30 January 2018
Market Research Future published a research report on “Commercial Refrigeration Equipment Market Research Report- Forecast 2025” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2025.
Commercial refrigeration refers to the refrigeration equipment and design used for the commercial retail and storage for large supermarkets, hypermarket, restaurants convenience store and others. The commercial refrigeration equipment market includes equipment such as display cases, walk-in coolers, beverages refrigeration, ice making machineries, parts and other equipment. Others refer to vending machines, reach-in coolers, liquid chillers, and cryogenic refrigeration. The commercial refrigeration equipment market is driven by surging urbanization and expansion of hypermarket and supermarket in developing countries of Asia pacific and Latin America. The significant growth in the number of supermarket and hypermarket in developing market has boosted the demand of energy efficient refrigeration equipment in recent years. The market in Europe is heading towards the maturity; however the short product life cycle of the refrigeration equipment in developed regions coupled with increasing floor area of hypermarket and super market and restaurants chains, the market for commercial refrigeration equipment is expected to witness considerable growth over the coming years. The stringent regulation over the use of F-gases as a refrigerant in commercial refrigeration equipment, owing to the negative effect on the ozone layers, is acting as hindrance for the commercial refrigeration equipment market. Moreover, the consumption of ready to eat products, beverages and frozen food has increased considerably in emerging countries over the past few years. Rise in disposable income, coupled with increasing impact of western lifestyle has fuelled the acceptance of such products among the large middle-class consumers of developing countries. The changed food consumption trend is being supported by the rapid expansion of supermarket, hypermarket and food and restaurant chains around the world. Increased number of such stores has also forced small grocery retailers and unorganised restaurants to upgrade their infrastructure with the changed market scenario. The growth for the commercial refrigeration equipment Market is largely gained by opening these new retail outlets around the world.
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America has witnessed a prospective growth in the last few years because of the huge retail sector across all the countries and is leader. Followed by Americas, Europe is considered to be the 2nd largest market. Asia-Pacific is one of fastest growing economy where the product has seen a superior opportunity to grow. Increasing urbanization in developing countries such as China and India, there is huge development of organized retail sector in respect to commercial refrigeration equipment market.
Also the demand for ready to eat product has increased through with the demand for the product has increased. The demand of commercial refrigeration systems has increased in various places such as hypermarket, supermarket, grocery stores and restaurant chain along with increasing of food consumption in the emerging economies has become the major growth prospects for commercial refrigeration systems market. Apart from this the distribution channel has also become one of the major growing reasons.
After this, the report provides comprehensive analysis of industry overview of Commercial Refrigeration Equipment which includes types, applications, regional analysis, supply chain management and key regulations in various regions along with the distributor analysis.
Furthermore, the Commercial Refrigeration Equipment market has been segmented into types (display cases, beverage refrigeration, walk in coolers, ice making machineries, parts and others), applications (food manufacturing industries, supermarkets, hypermarket, restaurants, grocery stores and others) and by regions (Americas, Europe, Asia-Pacific and Middle East & Africa).
The Commercial Refrigeration Equipment market research report provides detail analysis of market in terms of value market. The report also provides the future outlook of the market till 2025. Moreover, the global as well as market share of various players based on types is also analyzed in the report. Lastly, the report provides company profiles of major players in the market along with market drivers, trends, restraints.
The Food Safety Testing market research report provides detail analysis of market in terms of value market. The report also gives the future outlook of the market till 2024. Moreover, on whole region as well as market share in different countries. Lastly, the report provides company profiles of major players in the market.
Industry News
In April 2016, Daikin Industries Ltd, through its subsidiary Daikin Europe acquired Zanotti S.p.A. an Italian manufacturer of commercial-use refrigerators and freezers. With this acquisition, Daikin has expanded its operations in refrigerator and freezer business in Europe. Moreover, Zanotti, with its widespread sales and services in Europe has already established itself in large market such as U.K, Spain and Italy. This acquisition has created a positive platform for the Europe commercial refrigeration equipment market. Along with this, the sales of commercial refrigeration equipment has also increased which is a positive sign for this acquisition.
In June, 2016 – Cooltech Application made an announcement that it has completed the agreement with Structural Concept for installing the first magnetic cooling display cases in North America. This was one of the major investment made by the company which has gained much attention in North America region. The product has already been launched in Europe has been acknowledged in the market. With this launch, the commercial refrigeration equipment market has acquired higher revenue as compared to past years.
Enquiry before Buying @ https://www.marketresearchfuture.com/enquiry/687
Research Methodology
To calculate Food Safety Testing market size, we have considered top players in the market and to offer accuracy, our research is supported by industry experts who offer insight on industry structure and technology assessment, competitive landscape, penetration, emerging products and trends. Their analysis is based (80 to 85%) on primary&(15 to 20%) on secondary research as well as years of professional expertise in their respective industries. In addition to analyze current and historical trends, our analysts predict where the market is headed over the next five to ten years. It varies by segment for these categories geographically presented in the list of market tables. Top-down and bottom-up are important strategies of processing the information and knowledge ordering, used in a variety of fields including humanistic, software and scientific theories and management and organization. In practice, they can be seen as a style of thinking, teaching, or leadership.
Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Scope of the Report
This market research report covers the global Commercial Refrigeration Equipment market by product types, application and region.
Global Commercial Refrigeration Equipment Market
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for , regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Commercial refrigeration refers to the refrigeration equipment and design used for the commercial retail and storage for large supermarkets, hypermarket, restaurants convenience store and others. The commercial refrigeration equipment market includes equipment such as display cases, walk-in coolers, beverages refrigeration, ice making machineries, parts and other equipment. Others refer to vending machines, reach-in coolers, liquid chillers, and cryogenic refrigeration. The commercial refrigeration equipment market is driven by surging urbanization and expansion of hypermarket and supermarket in developing countries of Asia pacific and Latin America. The significant growth in the number of supermarket and hypermarket in developing market has boosted the demand of energy efficient refrigeration equipment in recent years. The market in Europe is heading towards the maturity; however the short product life cycle of the refrigeration equipment in developed regions coupled with increasing floor area of hypermarket and super market and restaurants chains, the market for commercial refrigeration equipment is expected to witness considerable growth over the coming years. The stringent regulation over the use of F-gases as a refrigerant in commercial refrigeration equipment, owing to the negative effect on the ozone layers, is acting as hindrance for the commercial refrigeration equipment market. Moreover, the consumption of ready to eat products, beverages and frozen food has increased considerably in emerging countries over the past few years. Rise in disposable income, coupled with increasing impact of western lifestyle has fuelled the acceptance of such products among the large middle-class consumers of developing countries. The changed food consumption trend is being supported by the rapid expansion of supermarket, hypermarket and food and restaurant chains around the world. Increased number of such stores has also forced small grocery retailers and unorganised restaurants to upgrade their infrastructure with the changed market scenario. The growth for the commercial refrigeration equipment Market is largely gained by opening these new retail outlets around the world.
Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/687
America has witnessed a prospective growth in the last few years because of the huge retail sector across all the countries and is leader. Followed by Americas, Europe is considered to be the 2nd largest market. Asia-Pacific is one of fastest growing economy where the product has seen a superior opportunity to grow. Increasing urbanization in developing countries such as China and India, there is huge development of organized retail sector in respect to commercial refrigeration equipment market.
Also the demand for ready to eat product has increased through with the demand for the product has increased. The demand of commercial refrigeration systems has increased in various places such as hypermarket, supermarket, grocery stores and restaurant chain along with increasing of food consumption in the emerging economies has become the major growth prospects for commercial refrigeration systems market. Apart from this the distribution channel has also become one of the major growing reasons.
After this, the report provides comprehensive analysis of industry overview of Commercial Refrigeration Equipment which includes types, applications, regional analysis, supply chain management and key regulations in various regions along with the distributor analysis.
Furthermore, the Commercial Refrigeration Equipment market has been segmented into types (display cases, beverage refrigeration, walk in coolers, ice making machineries, parts and others), applications (food manufacturing industries, supermarkets, hypermarket, restaurants, grocery stores and others) and by regions (Americas, Europe, Asia-Pacific and Middle East & Africa).
The Commercial Refrigeration Equipment market research report provides detail analysis of market in terms of value market. The report also provides the future outlook of the market till 2025. Moreover, the global as well as market share of various players based on types is also analyzed in the report. Lastly, the report provides company profiles of major players in the market along with market drivers, trends, restraints.
The Food Safety Testing market research report provides detail analysis of market in terms of value market. The report also gives the future outlook of the market till 2024. Moreover, on whole region as well as market share in different countries. Lastly, the report provides company profiles of major players in the market.
Industry News
In April 2016, Daikin Industries Ltd, through its subsidiary Daikin Europe acquired Zanotti S.p.A. an Italian manufacturer of commercial-use refrigerators and freezers. With this acquisition, Daikin has expanded its operations in refrigerator and freezer business in Europe. Moreover, Zanotti, with its widespread sales and services in Europe has already established itself in large market such as U.K, Spain and Italy. This acquisition has created a positive platform for the Europe commercial refrigeration equipment market. Along with this, the sales of commercial refrigeration equipment has also increased which is a positive sign for this acquisition.
In June, 2016 – Cooltech Application made an announcement that it has completed the agreement with Structural Concept for installing the first magnetic cooling display cases in North America. This was one of the major investment made by the company which has gained much attention in North America region. The product has already been launched in Europe has been acknowledged in the market. With this launch, the commercial refrigeration equipment market has acquired higher revenue as compared to past years.
Enquiry before Buying @ https://www.marketresearchfuture.com/enquiry/687
Research Methodology
To calculate Food Safety Testing market size, we have considered top players in the market and to offer accuracy, our research is supported by industry experts who offer insight on industry structure and technology assessment, competitive landscape, penetration, emerging products and trends. Their analysis is based (80 to 85%) on primary&(15 to 20%) on secondary research as well as years of professional expertise in their respective industries. In addition to analyze current and historical trends, our analysts predict where the market is headed over the next five to ten years. It varies by segment for these categories geographically presented in the list of market tables. Top-down and bottom-up are important strategies of processing the information and knowledge ordering, used in a variety of fields including humanistic, software and scientific theories and management and organization. In practice, they can be seen as a style of thinking, teaching, or leadership.
Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Scope of the Report
This market research report covers the global Commercial Refrigeration Equipment market by product types, application and region.
Global Commercial Refrigeration Equipment Market
- By Volume
- Supermarkets
- Display Cases
- Americas
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for , regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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