Commercial Refrigeration Equipment Market (By Equipment Type: By Geography) Global Scenario, Market Size, Outlook, Trend and Forecast, 2015 - 2024

  • Product Code:
    RP-ID-10325397
  • Published Date:
    21 Oct 2022
  • Region:
    Global
  • Pages:
    155
  • Category:
    Healthcare & Pharmaceuticals
  • Publisher:
    Pub-ID-50

Impact Analysis on the Growth of Market

Inflation and Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.


With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.



Market Overview:

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As per the latest report published by Variant Market Research, Global Commercial Refrigeration Equipment Market is estimated to reach $51.6 billion by 2024; growing at a CAGR of 6.1% from 2016 to 2024. Commercial refrigeration equipment is used to remove heat from a room or unit in order to designate a cold or freezing area in which to store food, medicine, or other items which must be stored at those temperatures. Growing number of supermarket and hypermarket in emerging regions has surged the demand of energy resourceful equipment in the recent times. Besides, rising disposable income, rapid industrialization, and various other analytical shifts has led to noteworthy change in food & beverage expenditure over the past years.

Rising number of specialty food stores, supermarkets, and hypermarkets worldwide, and rising international food trade are the primary factors to drive the growth of the global commercial refrigeration equipment market. Though, increasing fuel costs, and strict environmental regulations might restrict the market growth. Moreover, surging demand for chilled & frozen products, and growth of cold supply chains is expected to pose numerous growth opportunities for the market in the given forecast timeframe.

The global commercial refrigeration equipment is segmented into equipment type, and geography. By equipment type, the segment comprises walk-in coolers, display cases, beverage refrigeration, parts, ice making machinery, and other equipment.

Based on geography, global commercial refrigeration equipment market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America is further bifurcated in U.S., Canada, and Mexico, whereas Europe segment consists of UK, Germany, Italy, France, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan and Rest of Asia-Pacific while RoW is bifurcated into South America, Middle East, and Africa.

Key players operating in the market include, Hussmann Corporation, AHT Cooling Systems GmbH, Daikin Industries, Ltd., Dover Corporation, Haier, Inc., AB Electrolux, United Technologies, Whirlpool Corporation, Illinois Tool Works Inc., and Ingersoll Rand plc, among others.

The key takeaways from the report
The report will provide detailed analysis of Global Commercial Refrigeration Equipment Market with respect to major segments such as equipment type, and geography
The report will include the qualitative and quantitative analysis with market estimation over 2015 - 2024 and compound annual growth rate (CAGR) between 2016 and 2024
Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report
An exhaustive regional analysis of Global Commercial Refrigeration Equipment Market has been included in the report
Profile of the key players in the Global Commercial Refrigeration Equipment Market will be provided, which include key financials, product & services, new developments and business strategies
Scope of the Global Commercial Refrigeration Equipment Market
Equipment Type Segments

Walk-In Coolers
Display Cases
Beverage Refrigeration
Parts
Ice Making Machinery
Other Equipment Types
Geographical Segments

North America
U.S.
Canada
Mexico
Europe
UK
Germany
Italy
France
Rest of Europe
Asia-Pacific
India
China
Japan
Rest of Asia-Pacific
RoW
South America
Middle East
Africa


Geography Analysis:


The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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