Refrigeration Equipment Industry

1
Refrigeration Equipment Industry Research Report
By Forecast To 2025
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2025
2
Refrigeration Equipment Industry Research Report
- Forecast to 2025
Global Refrigeration Equipment Industry Research
Report Information by Equipment Type (Display
Cases, Walk-in Coolers, Beverage Refrigeration,
Ice Making Machineries, Parts and others), by
Application (Food Manufacturing Industries, Hyper
Markets, Super-Markets and others) and Region
(North America, Europe, AsiaPacific and Rest of
the World) - Forecast till 2025

• The Global Refrigeration Equipment Industry is
  set to touch a valuation of more than USD 54.59
  Billion by 2025, ventures Market Research Future
  (MRFR). It is also expected to record an
  approximate CAGR of 5.98 during the forecast
  period (2018-2025).
• Key vendors shaping the worldwide Refrigeration
  Equipment Industry include Johnson Controls,
  Inc., AB Electrolux, AHT Cooling Systems GmbH,
  Daikin Industries Ltd, United Technologies
  Corporation, Hussmann Corporation, Ali Group SpA,
  Illinois Tool Works Inc., Dover Corporation, to
  mention a few.
• Key Questions Addressed by the Report-
• What was the historic market size (2018)?
• Which segmentation (equipment type/application)
  is driving market growth?
• What will be the growth rate by 2025?
• Who are the key players in this market?
• What are the strategies adopted by key players?

3
Refrigeration Equipment Industry Research Report
- Forecast to 2025
Market Boosters and Key Barriers
Soaring demand for frozen food, packaged food
products, and bakery products is expected to
benefit the Refrigeration Equipment Industry.
With the aim of reducing carbon footprints,
various manufacturers are now concentrating on
building commercial refrigeration equipment that
consumes less or limited amount of energy. The
United States (U.S.) Department of Energy and
Environmental Protection Agency also implemented
regulations and standards for commercial
refrigeration with the intention of encouraging
energy efficiency and limiting its impact on the
environment. therefore, in a bid to comply with
new regulations, vendors are making substantial
investments in development of new refrigeration
system with sophisticated technology. A number of
manufacturers are also redesigning their products
to cater to the new standards. They are also
sourcing new materials, in addition to pursuing
safety certifications to provide sustainable
product in the market. Supermarkets are
considered as the most energy-intensive retail
business, with a large portion of their
electricity spent on refrigeration system. To
curb this issue, supermarkets are now opting for
commercial refrigeration equipment which could
help them cut down on power consumption. This is
yet another factor that is expected to elevate
the market to greater heights in the near
future. Speaking of advancement in technologies,
vendors are now working on smart refrigeration
systems that are equipped with sensors. These
sensors help control temperature and also
facilitate temperature monitoring of
refrigeration units. Further, low-power wireless
solutions are being created to bring down the
cost of manual monitoring of refrigerator units.
Get Report Sample_at_ https//www.marketresearchfutur
e.com/sample_request/687
4
Refrigeration Equipment Industry Research Report
- Forecast to 2025
Regional Outlook
The geographical distribution of the global
Refrigeration Equipment Industry covers North
America, Asia Pacific (APAC), Europe, and the
rest of the world (RoW). In 2018, APAC acquired
the top position in the global Refrigeration
Equipment Industry, with North America and Europe
in the second and third spot, respectively. The
APAC Refrigeration Equipment Industry gets
immense support from the rising demand for
display cases as well as walk-in coolers. Soaring
fresh food consumption rate, mounting demand for
frozen foods and improved living standard has
done wonders for the market in the region.
Ice-making machineries are expected to note the
highest demand in the region, given the expansion
of restaurant chains across urban and semi-urban
areas in developing nations. North America, with
the second-largest share in the Refrigeration
Equipment Industry, is benefitted from the busy
lifestyles led by the people. These people spend
close to half of their food expenses outside
their homes, which sets the pace of the market in
the region. Beverage refrigeration and display
cases are touted to be the fastest-growing
segments during the appraisal period, thanks to
the increasing food retail outlets and expanding
floor area of retail stores. With the growing
average floor space of prominent grocery and food
retailers in the region, new refrigeration
equipment is increasingly being installed in
these stores. The Refrigeration Equipment
Industry in Europe has reached the saturation
point and is witnessing comparatively lower
growth rate compared to other regions. With that
said, the regional market is predicted to note
better growth in the coming years, on account of
the economic recovery, which is giving rise to
replacement and repair of the existing commercial
refrigeration equipment. Data experts are
optimistic about the market growth in Europe
during the forecast period, considering the
stabilization of the economy and high
urbanization. RoW includes South America and the
Middle East Africa. RoW makes extensive use of
commercial refrigeration equipment in the
construction and manufacturing industries. The
regions future holds much promise, as there are
indications of the construction and manufacturing
industries expanding significantly.
5
Refrigeration Equipment Industry Research Report
- Forecast to 2025
Market Segmentation
The worldwide Refrigeration Equipment Industry
has been dissected depending on equipment type
and application. The Refrigeration Equipment
Industry, based on equipment type, includes
display cases, walk-in coolers, beverage
refrigeration, ice making machinery, parts, and
others. Between these, the walk-in coolers
segment had been at the top spot in the market in
2018, followed by display cases. The refrigerated
walk-in coolers are also used extensively in the
food processing industries. These types of
coolers are sturdy, which is necessary as their
doors are opened several times a day. Apart from
this, increase in establishment of hypermarket is
set to boost the demand as well as sales for
walk-in coolers within the global market. With
respect to the application, the market can be
split into hypermarket, food manufacturing
industries, supermarket, and others. Out of
these, hypermarket had been the leading segment
in 2018 and has been estimated to maintain its
position even during the forecast period. The
segments high position in the market is the
result of rising urbanization around the world as
well as the expansion of hypermarkets.
Browse Complete Report _at_ https//www.marketresearc
hfuture.com/reports/commercial-refrigeration-equip
ment-market-687
6
Refrigeration Equipment Industry Research Report
- Forecast to 2025
Objective of Studies

• To provide detailed analysis of the market
  structure along with forecast of the various
  segments and sub-segments of the global
  Refrigeration Equipment Industry
• To provide insights about factors affecting the
  market growth
• To analyze the Refrigeration Equipment Industry
  based on various factors- price analysis, supply
  chain analysis, porters five force analysis etc.
• To provide historical and forecast revenue of the
  market segments and sub-segments with respect to
  four main geographies and their countries- North
  America, Europe, Asia, and Rest of the World
  (ROW)
• To provide country level analysis of the market
  with respect to the current market size and
  future prospective
• To provide country level analysis of the market
  for segment by type, by application, by end users
  and sub-segments.
• To provide strategic profiling of key players in
  the market, comprehensively analyzing their core
  competencies, and drawing a competitive landscape
  for the market
• To track and analyze competitive developments
  such as joint ventures, strategic alliances,
  mergers and acquisitions, new product
  developments, and research and developments in
  the global Refrigeration Equipment Industry

7
ABOUT US
MARKET RESEARCH FUTURE At Market Research Future
(MRFR), we enable our customers to unravel the
complexity of various industries through our
Cooked Research Report (CRR), Half-Cooked
Research Reports (HCRR), Raw Research Reports
(3R), Continuous-Feed Research (CFR), and Market
Research Consulting Services. MRFR team have
supreme objective to provide the optimum quality
market research and intelligence services to our
clients. Our market research studies by products,
services, technologies, applications, end users,
and market players for global, regional, and
country level market segments, enable our clients
to see more, know more, and do more, which help
to answer all their most important questions. In
order to stay updated with technology and work
process of the industry, MRFR often plans
conducts meet with the industry experts and
industrial visits for its research analyst
members. For more information kindly visit
www.marketresearchfuture.com or contact us at
info_at_marketresearchfuture.com Copyright
2018 Market Research Future All Rights Reserved.
This document contains highly confidential
information and is the sole property of Market
Research Future. No part of it may be circulated,
copied, quoted, or otherwise reproduced without
the written approval of Market Research Future.
8
(No Transcript)