Global Commercial Refrigeration Equipment Market 2021-2025 The analyst has been monitoring the commercial refrigeration equipment market and it is poised to grow by $ 15.13 bn during 2021-2025, decelerating at a CAGR of almost 8% during the forecast period. Our report on commercial refrigeration equipment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the need to increase the storage life of food products, market expansion by end-users, and growing focus on merchandising refrigerated food and beverages. In addition, need to increase the storage life of food products is anticipated to boost the growth of the market as well. The commercial refrigeration equipment market analysis includes product segment, end-user segment and geographical landscapes.
The commercial refrigeration equipment market is segmented as below: By Product • Walk-in coolers • Display cases • Refrigerator for drinks • Ice-making machines • Others
By End-user • Retail • Restaurants • Hotels • Catering units
By Geographical Landscapes • APAC • Europe • North America • MEA • South America
This study identifies the growing demand for energy-efficient models of commercial refrigeration equipment as one of the prime reasons driving the commercial refrigeration equipment market growth during the next few years. Also, increasing number of launches related to refrigerated food and beverage products and product portfolio expansion in the global commercial refrigeration equipment market will lead to sizable demand in the market.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our commercial refrigeration equipment market covers the following areas: • Commercial refrigeration equipment market sizing • Commercial refrigeration equipment market forecast • Commercial refrigeration equipment market industry analysis
This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading commercial refrigeration equipment market vendors that include AB Electrolux, Ali Group Srl, Daikin Industries Ltd., Dover Corp., HOSHIZAKI Corp., Illinois Tool Works Inc., Imbera, Standex International Corp., The Middleby Corp., and Welbilt Inc. Also, the commercial refrigeration equipment market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.
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