PPT-Commercial Refrigeration Equipment Market: Global Market Insights, Inc.

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Commercial Refrigeration Equipment  Market 2016
2023
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Global Market Scenario of Commercial
Refrigeration Equipment

• Commercial refrigeration equipment market
  size was USD 30.94 billion in 2015, and is
  forecast to grow at 5.6 CAGR from 2016 to 2023. 
• Changing food patterns as a result of
  industrialization and technological development
  are expected to drive demand.
• Food consumption patterns have evolved over the
  past few years, mainly due to decreasing dietary
  deficiency prevalence, overall economic
  development, and enhancement in the food industry
  supply chain.
• Recent developments and research activities on
  various alternatives available suggest potential
  for improvements in noise levels, compactness,
  and other environmental aspects.
• Transport refrigeration equipment market demand
  is largely influenced by transportation costs and
  trade patterns. The segment is forecast to grow
  at 6.8 CAGR from 2016 to 2023. 

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Continue.....

• Key industry trends include implementation of
  zero-emission transport refrigeration system in
  order to bring these products up to modern
  emissions standards. Introduction of advanced
  products such as open front cases, multi-deck
  display cabinets incorporating LEDs and proximity
  sensors is expected to provide high growth
  prospects over the forecast period.
• Volatile fuel prices have also impacted the world
  commercial refrigeration equipment market price
  trend, particularly in the transportation
  refrigeration equipment sector.
• Growing number of supermarkets and retail outlets
  resulted from changing food habits is expected to
  fuel commercial refrigeration equipment market
  growth.
• Increasing demand for walk-in coolers for food
  storage and merchandising in food sales and
  service applications is expected to drive
  adoption of these components over the next few
  years.
• Get more detail _at_https//www.gminsights.com/indus
  try-analysis/commercial-refrigeration-equipment-ma
  rket

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Germany commercial refrigeration equipment market
size, by application, 2012 - 2023 (USD Million)

https//www.gminsights.com/industry-analysis/comme
rcial-refrigeration-equipment-market
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360 Analysis

• Application Analysis
• The food service sector will remain the dominant
  segment over the forecast timeframe and surpass
  USD 15 billion by 2023. Food and beverage
  production application is forecast to grow at
  6.6 CAGR from 2016 to 2023. The industry has
  witnessed considerable technological
  developments. Adoption of alternative
  refrigeration systems such as thermo-acoustic,
  thermo-electric and magnetic refrigeration helps
  realize energy savings of up to 30, which will
  boost demand.
• Regional Analysis
• Asia Pacific commercial refrigeration equipment
  market size will witness the highest growth in
  the coming years, with revenue expected to
  surpass USD 14.5 billion by 2023.
• Significant demand for food service is estimated
  to drive U.S. commercial refrigeration equipment
  market share, as customers continue to spend the
  majority of their food budgets outside the home 
• Competitive Market Share
• Key companies in the industry are Daikin, Johnson
  Controls, Dover Corporation, and Carrier
  Corporation. Companies enter into mergers and
  acquisitions significant RD investments in
  order to develop and launch new products are also
  undertaken for competitive advantage. 

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Latest Research Report On Commercial
refrigeration equipment Market _at_
https//www.gminsights.com/industry-analysis/comme
rcial-refrigeration-equipment-market Download
Latest Report PDF _at_ https//www.gminsights.com/req
uest-sample/detail/414
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