This BCC Research report examines the way in which the global Commercial Refrigeration Equipment Market is evolving. The report includes a detailed survey of new organizations (innovators) in the market, as well as existing players.
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At the industry level, BCC Research will identify, examine, describe and provide global and regional market sizes for 2016 and forecast demand from 2017 through 2022.
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While a wide range of companies operate in the market, below is a broad classification of these companies:
- Large refrigeration system manufacturers.
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- Large technology manufacturers with a presence in refrigeration systems.
- Small niche refrigeration equipment and technology manufacturers.
- Conglomerates active in multiple verticals, including industrial products.
North America is the largest and most prominent user of commercial refrigeration equipment. The region, which consists of the U.S.
and Canada, is expected to see a strong growth rate in the coming years. However, its estimated lower-than-average market growth will result in a decline of market share by 2022.
Europe follows and is also expected to see a slower-than-average growth rate. APAC on the other hand is the fastest growing market and will see significant gains in market share during the reporting period.
Refrigerators and freezers was the biggest segment with REDACTED market share in 2016, but is projected to give up market share due to its slower growth rate. The others segment includes refrigerated display cases, ice machines, refrigerated vending machines, liquid chillers, refrigeration equipment parts,.
Of these, all except liquid chillers are expected to be the key subsegments during the reporting period.
Fluorocarbons is the top refrigerant type, though it continues to fall under strict governmental regulations due to its harmful impact on the environment. Globally, usage of fluorocarbons is on the decline, which is leading to alternatives such as hydrocarbons and inorganics to continue increasing market share by 2022.
This BCC Research report has identified the following key points:
- Global demand for commercial refrigeration equipment totaled around REDA CTED in 2016.
- Global demand is expected to increase from an estimated REDA CTED in 2017 to around REDACTED in 2 022.
- The global commercial refrigeration equipment market is expected to rise at a CAGR of REDACTED between 2017 and 2022.
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Companies Mentioned in the Report :
- AFINOX SRL
- AHT COOLING SYSTEMS GMBH
- ALI GROUP S.P.A
- BLUE STAR LIMITED
- CARNOT REFRIGERATION
- DAIKIN INDUSTRIES LTD.
- DANFOSS A/S
- DOVER CORP.
- ELECTROLUX AB
- EMERSON ELECTRIC COMPANY
- EVAPCO INC.
- FRIGOGLASS SAIC
- FUJIMAK CORP.
- GEA GROUP AG
- HOSHIZAKI ELECTRIC CO LTD.
- ILLINOIS TOOL WORKS INC.
- INGERSOLL RAND PLC
- JEAN CHEREAU S.A.S.
- JOHNSON CONTROLS INTERNATIONAL PLC
- KLIMASAN KLIMA SANAYI VE TICARET A.S.
- LENNOX INTERNATIONAL INC.
- LU-VE S.P.A.
- PANASONIC CORP.
- QINGDAO HAIER CO. LTD.
- ROCKWELL INDUSTRIES LTD.
- STANDEX INTERNATIONAL CORP.
- UNITED TECHNOLOGIES CORP.
- WELBILT INC.
- WESTERN REFRIGERATION PVT. LTD.
- WHIRLPOOL CORP.
Major Points From TOC :
Chapter 1 Introduction
Study Goals and Objectives
Reasons for Doing This Study
Scope of Report
Related BCC Research Reports
Chapter 2 Summary and Highlights
Chapter 3 Market and Technology Background
History of Refrigeration
Evolution of Commercial Refrigeration Equipment
Energy Regulations for Commercial Refrigeration Equipment
Department of Energy (DOE) Enforcement
New Developments in the Market
Connected or IoT-based Commercial Refrigeration Equipment
Increasing Usage of Hydrocarbon and Inorganic Refrigerants
Solar-powered Commercial Refrigeration Equipment
Magnetic Refrigeration Systems
Key Stakeholders in the Market
Large Refrigeration System Manufacturers
Large Technology Manufacturers Active in Refrigeration Systems
Small Niche Refrigeration Equipment and Technology Manufacturers
Conglomerates Active in Multiple Verticals, Including Industrial Products
Global Market for Commercial Refrigeration Equipment
Major Market Forces
Rapid Urbanization and Changing Lifestyles
Growth in International Food Trade Between Nations
Rising Time Constraints Due to Increasingly Hectic Work Schedules
Developments in the Organized Restaurant Chains, Supermarkets and Hypermarkets
Strong Growth of Global E-commerce
Key Strategies Used in the Global Commercial Refrigeration Equipment Market
Mergers and Acquisitions
Partnerships and Joint Ventures Among Different Stakeholders
Financing and Investments
Chapter 4 Market Breakdown by Product Type
Transportation Refrigeration Equipment Segment
Refrigerators and Freezers Segment
Beverage Refrigeration Segment
Chapter 5 Market Breakdown by End User
Specialty Food Store
Chapter 6 Market Breakdown by Refrigerant Type
Chapter 7 Market Breakdown by Region
Australia and New Zealand
Middle East and Africa
Chapter 8 Patent Review
Chapter 9 Analysis of Market Opportunities
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