June 2021 Report on Global Commercial refrigeration equipment Market Overview, Size, Share and Trends 2021-2026

Global Commercial refrigeration equipment Market is valued approximately at USD 32.80 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 4.2% over the forecast period 2021-2027. Commercial refrigeration equipment refers to freezers and refrigerators which are used in supermarket, convenience stores, restaurants and commercial kitchens. The global commercial refrigeration market is being driven by the consumption of less electrical energy of efficient refrigerators which not only save electricity but also produce less heat as well as the growing preferences of end consumer towards takeaway meal. Furthermore, the increase in international food trade and rapid improvements in technologies such as ammonia absorption systems and liquid vapor energy consumption, will provide new opportunities for the global commercial refrigeration equipment industry. For instance, according to the report of Federal Energy Management Program, star certified energy commercial refrigerators consume an average of 1.89 kWh energy per day while lesser efficient refrigerators consume around 4.4 kWh energy per day. According to the U.S. department of energy the configuration of these commercial refrigeration equipment are highly energy- efficient which may lead up to 30% energy savings. As a result, it increases awareness about their cost-effective and environment-friendly nature which encourages manufacturers to focus on innovative designs. However, the availability of various alternatives, may impede market growth over the forecast period of 2021-2027.

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The regional analysis of the global Commercial refrigeration equipment Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. Due to the factors such as well established retail industries and the presence of several leading commercial refrigeration equipment, North America is the leading region across the world in terms of market share. .Asia Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027, owing to the factors such as increasing consumer preferences towards the healthy and fresh food in the region.
Major market player included in this report are:
AB Electrolux
Ali Group S.r.l. a Socio Unico
AHT Cooling Systems GmbH
Daikin Industries, Ltd.
Dover Corporation
Hussmann Corporation
Excellence Industries
Hillphoenix, A Dover Company
Illinois Tool Works Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and System offerings of key players. The detailed

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segments and sub-segment of the market are explained below:

By System Type:
Self contained
Remotely operated
By Capacity:
Less than 50 cu. Ft
51 cu. Ft. to 100 cu. Ft
More than 100 cu. Ft
By Application:
Food service
Food & Beverage Retail
Food & beverage production
Food & beverage distribution
By Region:
North America

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Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.

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Target Audience of the Global Commercial refrigeration equipment Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Table of Contents

Chapter 1.Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Commercial Refrigeration Equipment Market , by Region, 2019-2027 (USD Billion)
1.2.2. Commercial Refrigeration Equipment Market , by System Type, 2019-2027 (USD Billion)
1.2.3. Commercial Refrigeration Equipment Market , by Capacity , 2019-2027 (USD Billion)
1.2.4. Commercial Refrigeration Equipment Market , by Application, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

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Chapter 2. Global Commercial Refrigeration Equipment Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Commercial Refrigeration Equipment Market Dynamics
3.1. Commercial Refrigeration Equipment Market Impact Analysis (2019-2027)
3.1.1. Market Drivers Consumption of less electrical energy Growing preference of end customer towards takeaway meals
3.1.2. Market Restraint Environmental issues related to high GWP refrigerants
3.1.3. Market Opportunities New technological advancement Ability to cater to the changing consumer behaviour

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Chapter 4. Global Commercial Refrigeration Equipment Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Commercial Refrigeration Equipment Market, by System Type
5.1. Market Snapshot
5.2. Global Commercial Refrigeration Equipment Market by System Type, Performance – Potential Analysis
5.3. Global Commercial Refrigeration Equipment Market Estimates & Forecasts by System Type 2018-2027 (USD Billion)
5.4. Commercial Refrigeration Equipment Market , Sub Segment Analysis
5.4.1. Self-contained
5.4.2. Remotely Operated




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