Commercial Refrigeration Equipment Market Segments 2023-2032 | Size, Share And Insights

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Commercial Refrigeration Equipment Global Market
Report 2023
Market Size, Trends and Global Forecast 2023-2032
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Commercial Refrigeration Equipment Market Segments
The Business Research Company segments its
Commercial Refrigeration Equipment market report
as
Linear, Rotary
By Type
Valve Body, Actuator, Other Components
By Component
Stainless Steel, Alloy-Based, Cast Iron,
Cyrogenic, Other Materials
By Material
Oil and Gas, Water and Wastewater Treatment,
Energy and Power, Pharmaceuticals, Food and
Beverage, Chemicals, Building and Construction,
Paper and Pulp
By Industry
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Commercial Refrigeration Equipment Market
Statistics
The global commercial refrigeration equipment
market size will grow from 59.18 billion in 2022
to 62.11 billion in 2023 at a compound annual
growth rate (CAGR) of 4.9. The market size of
global commercial refrigeration equipment is
expected to grow to 73.95 billion in 2027 at a
CAGR of 4.5.
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Key Market Drivers And Trends
Drivers
The increasing demand for frozen chilled
products from consumers is anticipated to drive
the commercial refrigeration market.
Trends
High equipment and installation costs of
equipment are expected to hinder the commercial
refrigeration equipment markets growth.
Region
The Asia-Pacific was the largest region in the
commercial refrigeration equipment market in
2022. The regions covered in the global
commercial refrigeration equipment market
analysis report are Asia-Pacific, Western Europe,
Eastern Europe, North America, South America,
Middle East, and Africa.
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Key Market Players

• Major players in the Commercial Refrigeration
  Equipment market are
• Dover Corporation
• Daikin Industries Ltd
• Carrier Commercial Refrigeration Inc
• Johnson Control Inc
• Haier Group Corp
• And more.

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