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

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

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Commercial Refrigeration Equipment Market Size By Application (Food & Beverage Retail, Food & Beverage Distribution, Food & Beverage Production, Food Service), By Product (Refrigerators & Freezers, Transportation Refrigeration Equipment, Beverage Refrigeration), Industry Analysis Report, Regional Outlook (U.S., Germany, UK, France, Italy), Application Potential, Price Trend, Competitive Market Share & Forecast, 2016 - 2023 – PowerPoint PPT presentation

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


1
Commercial Refrigeration Equipment  Market 2016
2023
2
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. 

3
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

4
Germany commercial refrigeration equipment market
size, by application, 2012 - 2023 (USD Million)

https//www.gminsights.com/industry-analysis/comme
rcial-refrigeration-equipment-market
5
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. 


6

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
7
Stay In Touch You can visit us at
www.gminsights.com
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