Commercial Refrigeration Equipment Market: Key Players and Production Information Analysis

Commercial Refrigeration Equipment Market Emerging Size, Industry Share, Trends, Top Players, Dem and Forecast to 2023

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Commercial Refrigeration Equipment Market

Commercial Refrigeration Equipment Market : Emerging Size, Industry Share, Trends, Top Players, Demand and Forecast to 2023 • Increase in the number of retail outlets for perishable items has given rise to the global commercial refrigeration equipment market. Market Research Future, a firm which specializes in market reports related to the Consumer and Retail sector among others, recently published a report on this market. The market is set to develop following an exceptional revenue growth with an outstanding CAGR per cent in the forecast period. • Development of retail chains and their outlets have led to development of the market at a rapid pace.

Development of commercial kitchens where high capacities of refrigeration devices are required has also been of the sources of demand source. Increase in the investment in the sector has caused the sector to branch out towards different applications.

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Commercial Refrigeration Equipment Market Market Segmentation The market for commercial refrigeration equipment market is segmented on the basis of: Applications: Hospitals, bars, food service, hotels, and food and beverages preservation. Food service and hotels are the major sector for this industry.

Type: Display cases, walk-in coolers, beverages refrigeration, ice-making machineries, parts and others. Display cases and beverage refrigeration devices are the most growing type of this segment.

End Users: Food manufacturing industries, hyper market and super market. Supermarkets are leading the segment in a major way as compared to other end users.

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Commercial Refrigeration Equipment Market Major Players in this Research: Key Players for Commercial Refrigeration Equipment Market: • United Technologies Corporation, • Hussmann Corporation, • AB Electrolux, • Frigoglass S.A.I.C, • Dover Corporation, • Daikin Industries Ltd, • AHT Cooling Systems GmbH, • Ali Group S.p.A, • Illinois Tool Works Inc • Johnson Controls, Inc.

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Commercial Refrigeration Equipment Market Regional Market Analysis The North American market dominates the Global Commercial Refrigeration Equipment industry with the biggest market share, accounting for millions in revenue and is expected to grow tremendously by 2027.

The Asia-Pacific has exceeded North America in 2015 to become the largest market for commercial refrigeration equipment and expected to grow at an optimistic CAGR. The European market for Commercial Refrigeration Equipment is expected to grow at an influential CAGR in the forecast period even though the market in Europe is heading towards the maturity.

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