Commercial Refrigeration Equipment Market Overview Highlighting Major Drivers, Size, Share, and Demand Report 2020- 2027

The global Commercial Refrigeration Equipment Market report covers detailed study with the underlying influencing factors for the variations in the industry growth trends.

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The Commercial Refrigeration Equipment Market is expected to exceed more than US$ 47.72 Billion by 2024 at a CAGR of 6.57%.  Increasing demand for frozen food, bakery products, and packaged food products is driving the demand for commercial refrigeration equipment. Moreover, to decrease carbon footprints, the manufacturers are focusing on developing commercial refrigeration equipment that consumes less or limited amount of energy. The U.S. Department of Energy and Environmental Protection Agency have also introduced new regulations and standards for commercial refrigeration with the focus on energy efficiency and minimizing its impact on the environment. Hence, in order to comply with the new regulations, companies are investing in the development of new refrigeration system with advanced technology.

Global Commercial Refrigeration Equipment Market share consists of several player raw material suppliers, along with downstream stakeholders, vendors, and government organizations. Companies operating in the commercial refrigeration equipment market include Baltimore Aircoil Company, Inc. (US), Daikin Industries, Ltd. (Japan), GEA Group AG (Germany), Emerson Climate Technologies (US), GEA Group AG (Germany), Emerson Climate Technologies (US), GEA Group, Heatcraft Worldwide Refrigeration, Daikin, Johnson Controls, Bitzer, Advansor, Baltimore Aircoil Company, Hillphoenix, Carnot Refrigeration, SCM Frigo, Green & Cool.

Global Commercial Refrigeration Equipment Marketis segmented based on the Refrigerant Type as Fluorocarbons, Hydrocarbons,Inorganics. Based on Product Type it covers Refrigerator & Freezer, Transportation Refrigeration, Refrigerated Display Cases, Beverage Refrigeration, Ice Cream Merchandiser, Refrigerated Vending Machine. The report segments global Commercial Refrigeration Equipment Market based on Application as Hotels & Restaurants, Supermarkets & Hypermarkets, Convenience Stores, Bakery. Global Commercial Refrigeration Equipment Market report covers various regions including North America, Europe, Asia Pacific, and Rest of World. The regional Commercial Refrigeration Equipment Markets further bifurcated for major countries including U.S., Canada, Germany, UK, France, Italy, China, India, Japan, Brazil, South Africa and others.

The report scope includes market analysis on regional as well as country level. The report also provides competitive landscape covering company market shares with detailed profiling for major revenue contributing companies.

Refrigeration is the process of removing excess heat from a source or a material to the surrounding environment to maintain the temperature lower than its surrounding. Commercial refrigeration equipment is used for preserving food such as vegetables, fruits, meat, and other similar products by maintaining a temperature of 30C to -40C and increasing the shelf life of the product. Relatively larger share of the market for refrigerators is expected to be accounted soon due to replacement of existing equipment through energy efficient and sustainable technology equipment. In addition, some refrigeration equipment is specially designed to rapidly reduce the temperature of hot food from around 90C to as low as 30C, in a short time period to eliminate the threat of bacterial proliferation

The report covers a detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include including raw material suppliers, along with downstream stakeholders, vendors, and government organizations. Companies operating in the commercial refrigeration equipment market include Baltimore Aircoil Company, Inc. (US), Daikin Industries, Ltd. (Japan), GEA Group AG (Germany), Emerson Climate Technologies (US), GEA Group, Heatcraft Worldwide Refrigeration, Daikin, Johnson Controls, Bitzer, Advansor, Baltimore Aircoil Company, Hillphoenix, Carnot Refrigeration, SCM Frigo, Green & Cool.

The Commercial Refrigeration Equipment Market has been segmented as below:

The Commercial Refrigeration Equipment Marketis segmented on the lines ofCommercial Refrigeration Equipment Market, By Refrigerant Type, Commercial Refrigeration Equipment Mark, By Product Type, Commercial Refrigeration Equipment Market, By Application and Commercial Refrigeration Equipment Market, By Region.

Commercial Refrigeration Equipment Market, By Refrigerant Typethis market is segmented on the basis ofFluorocarbons, Hydrocarbons and Inorganics. Commercial Refrigeration Equipment Mark, By Product Typethis market is segmented on the basis ofRefrigerator & Freezer, Transportation Refrigeration, Refrigerated Display Cases, Beverage Refrigeration, Ice Cream Merchandiser and Refrigerated Vending Machine. Commercial Refrigeration Equipment Market, By Applicationthis market is segmented on the basis ofHotels & Restaurants, Supermarkets & Hypermarkets, Convenience Stores and Bakery. Commercial Refrigeration Equipment Market, By Regionthis market is segmented on the basis ofNorth America, Europe, Asia Pacific and Rest of World.

The report covers:

  • Global Commercial Refrigeration Equipment Market estimates & forecast from 2015 to 2024, with CAGR for 2018-2024.
  • Comparative market size analysis for 2017 & 2024, with actual data for 2017, estimates for 2018 and forecast from 2019 to 2024
  • Global Commercial Refrigeration Equipment Market trends, with detailed analysis on consumer trends & manufacturer trends
  • Overview on supply analysis covering trends across raw material suppliers, technology providers and distributors
  • Key areas of investments identifying market opportunities and challenges in forecast timeframe
  • Competitive analysis of the industry players along with the overview on strategic management
  • Comprehensive company profiles of the major industry players

Reasons to Buy this Report:

  • Gain comprehensive insights on the industry trends
  • Identify industry opportunities and key growth segments
  • Obtain complete market study on the Commercial Refrigeration Equipment Market
  • Facilitate strategy planning for your company based on the industry dynamics
  • Evaluate your competitor’s business segments and portfolios

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Table of Contents:

  1.  Introduction
  2.  Research Methodology
  3.  Executive Summary
  4.  Market Overview
     4.1.    Introduction
    4.2.    Drivers
    4.2.1.    Improving Consumer Lifestyle and Flourishing Food and Healthcare Industries
    4.2.2.    Growing Cold Chain Market
    4.2.3.    Increasing Use of Advanced Technologies Such as Magnetic Refrigeration
    4.3.      Restraints
    4.3.1.    Stringent Regulations Against the Use of Fluorocarbon Refrigerants
    4.4.    Opportunities
    4.4.1.    Potential Demand for Carbon Dioxide/Ammonia (CO2/Nh3) Cascade Refrigeration Systems
    4.4.2.    Improvements in the Efficiency of Refrigeration Systems with the Use of Natural Refrigerants
    4.5.    Challenges
    4.5.1.    Few Purification Companies
  5.  Commercial Refrigeration Equipment Market, By Refrigerant Type
  6.  Commercial Refrigeration Equipment Market, By Product Type
  7.  Commercial Refrigeration Equipment Market, By Application:
  8.  Competitive Landscape
  9.  Company Profile
     9.1.    Baltimore Air Coil Company, Inc.
    9.1.1.    Company Overview
    9.1.2.    Product/Service Landscape
    9.1.3.    Financial Overview
    9.1.4.    Recent Developments
    9.2.    Daikin Industries Ltd.
    9.2.1.    Company Overview
    9.2.2.    Product/Service Landscape
    9.2.3.    Financial Overview
    9.2.4.    Recent Developments
    9.3.    GEA Group
    9.3.1.    Company Overview
    9.3.2.    Product/Service Landscape
    9.3.3.    Financial Overview
    9.3.4.    Recent Developments
    9.4.    Emerson Climate Technologies
    9.4.1.    Company Overview
    9.4.2.    Product/Service Landscape
    9.4.3.    Financial Overview
    9.4.4.    Recent Developments
    9.5.    Daikin Industries, Ltd
    9.5.1.    Company Overview
    9.5.2.    Product/Service Landscape
    9.5.3.    Financial Overview
    9.5.4.    Recent Developments
    9.6.    Shortage Technologies, LLC.
    9.6.1.    Company Overview
    9.6.2.    Product/Service Landscape
    9.6.3.    Financial Overview
    9.6.4.    Recent Developments
    9.7.    Carrier Corporation
    9.7.1.    Company Overview
    9.7.2.    Product/Service Landscape
    9.7.3.    Financial Overview
    9.7.4.    Recent Developments
    9.8.    Johnson Controls
    9.8.1.    Company Overview
    9.8.2.    Product/Service Landscape
    9.8.3.    Financial Overview
    9.8.4.    Recent Developments
    9.9.    Bitzer
    9.9.1.    Company Overview
    9.9.2.    Product/Service Landscape
    9.9.3.    Financial Overview
    9.9.4.    Recent Developments
    9.10.    Advansor
    9.10.1.    Company Overview
    9.10.2.    Product/Service Landscape
    9.10.3.    Financial Overview
    9.10.4.    Recent Developments
    9.11.    Baltimore Aircoil Company
    9.11.1.    Company Overview
    9.11.2.    Product/Service Landscape
    9.11.3.    Financial Overview
    9.11.4.    Recent Developments
    9.12.    Green & Cool
    9.12.1.    Company Overview
    9.12.2.    Product/Service Landscape
    9.12.3.    Financial Overview
    9.12.4.    Recent Developments
    9.13.    SCM Frigo
    9.13.1.    Company Overview
    9.13.2.    Product/Service Landscape
    9.13.3.    Financial Overview
    9.13.4.    Recent Developments
    9.14.    Carnot Refrigeration
    9.14.1.    Company Overview
    9.14.2.    Product/Service Landscape
    9.14.3.    Financial Overview
    9.14.4.    Recent Developments
    9.15.    Hillphonenix
    9.15.1.    Company Overview
    9.15.2.    Product/Service Landscape
    9.15.3.    Financial Overview
    9.15.4.    Recent Developments

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