Title: Commercial Refrigeration Compressors Market will Register a CAGR of 4.0% through 2029
1Commercial Refrigeration Compressors Market
Report Id REP-GB-9514 Published On
May-2019 Category Industrial Automation and
Equipment
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4Commercial Refrigeration Compressors Market
Analysis
- Future Market Insights delivers key insights on
the global commercial refrigeration compressors
market, in its latest report titled, 'Commercial
Refrigeration Compressors Market Global Industry
Analysis 20142018 and Opportunity Assessment
20192029'. The global demand for commercial
refrigeration compressors is expected to show
promising growth, with a value CAGR of higher
then 4 over 2019-2029. An increase in food
beverage production, along with the expansion of
cold chain capacities to ensure minimize wastage
and efficient storage of food, is expected to
increase the demand for commercial refrigeration
compressors, worldwide, over the forecast period. - Furthermore, positive change in living standards
and improving macroeconomic scenario has led to a
significant surge in the number of organized
retail stores, worldwide. The rapid growth of the
organized retail sector characterized by the
rising number of supermarkets, hypermarkets,
etc., is projected to drive the growth of the
overall food chain, which, in turn, is estimated
to boost the sales of commercial refrigeration
compressors for refrigerated display cases and
other refrigeration equipment. The commercial
refrigeration compressors market is expected to
grow at a promising rate during the forecast
period, supported by the increasing number of
retail stores across the globe.
5Commercial Refrigeration Compressors Market
Analysis
- Commercial Refrigeration Compressors Market
Analysis by Cooling Capacity - By cooling capacity, the commercial refrigeration
compressors market has been categorized into up
to 1 kW, 2-6 kW, 7-10 kW, 11-15 kW, 16-20 kW,
21-30 kW, 31-40 kW, and above 40 kW. The up to 1
kW segment is projected to be a prominent
segment, and hold a significant market share in
the global commercial refrigeration compressors
market. However, the 2-6 kW segment is expected
to have a higher CAGR growth as compared to the
other segments. - Commercial Refrigeration Compressors Market
Analysis by Type - By type, the commercial refrigeration compressors
market is segmented into reciprocating, rotary,
scroll, screw, and centrifugal compressors. The
reciprocating segment accounts for nearly 34
value share, owing to the wide use in various
commercial refrigeration equipment in the global
commercial refrigeration compressors market.
6Commercial Refrigeration Compressors Market
Analysis
- Commercial Refrigeration Compressors Market
Analysis by Refrigeration - By refrigeration, the commercial refrigeration
compressors market has been categorized into
R290, R404A, R134A, R744, R410A, R407C, and
others (R600A, etc.). Among these, the R290
segment is expected to grow at a high pace, owing
to its various advantages such as extended
cooling capacity, better efficiency, and size
reduction of the compressor. - Commercial Refrigeration Compressors Market
Analysis by End Use - By end use, the commercial refrigeration
compressors market is segmented into
transport-based refrigeration systems,
walk-in-refrigerators and freezers,
reach-in-refrigerators and freezers, beverage
vending refrigeration systems, refrigerated
display cases, ice machines, and refrigerated
vending machines. The transport-based
refrigeration systems segment can be further
divided into shipping-based and truck
trailer-based. Also, the beverage vending
refrigeration systems segment is further divided
into drinking soda fountains, beverage cooling
dispensing equipment, and beer dispensing
equipment.
7Commercial Refrigeration Compressors Market
Analysis
Commercial Refrigeration Compressors Market
Analysis by Region From a regional perspective,
East Asia is a projected to be a prominent
market, owing to significant growth of retail
stores in the region. Europe is projected to hold
a value share of around 19 in the global
commercial refrigeration compressors market. The
market in Asia Pacific is anticipated to expand
at a relatively high growth rate, owing to the
increasing demand for refrigerated display cases,
beverage vending refrigeration systems, etc.,
which, in turn, is projected to drive the demand
for commercial refrigeration compressors in the
market. The commercial refrigeration compressors
market in China is expected to be a lucrative
market, and is projected to grow at a value CAGR
of nearly 6 during the forecast period. Press
Release Source https//www.prnewswire.com/news-re
leases/commercial-refrigeration-compressors-market
-poised-to-rake-in-us-5-bn-by-the-end-of-2029--fut
ure-market-insights-300848702.html
8Commercial Refrigeration Compressors Market
Analysis
- Commercial Refrigeration Compressors Market
Vendor Insights - The report highlights some of the main companies
that are operating in the global commercial
refrigeration compressors market, such as Emerson
Electric Co., HUAYI COMPRESSOR CO., LTD.,
Mitsubishi Electric Corporation, LG Electronics,
Inc., The Danfoss Group, Panasonic Corporation,
BITZER SE, GEA Group AG, Frascold S.p.A., Fusheng
Co., Ltd., Nidec Corporation, Midea Group,
Officine Mario Dorin S.p.A., Johnson Controls
Hitachi Air Conditioning, and Tecumseh Products
Company LLC - More from FMIs Industrial Automation Equipment
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9Commercial Refrigeration Compressors Market
Analysis
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10Commercial Refrigeration Compressors Market
Analysis
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