Commercial Refrigeration Equipment Market – Global Forecast to 2023
The [159 Pages Report] "Commercial Refrigeration Equipment Market by Product Type, Refrigerant Type (Fluorocarbons, Hydrocarbons, Inorganics) Application (Hotels & Restaurants, Supermarkets & Hypermarkets), and Region (Europe, APAC, North America) - Global Forecast to 2023", The global commercial refrigeration equipment market is projected to grow from USD 33.58 billion in 2018 to USD 45.45 billion by 2023, at a CAGR of 6.2% from 2018 to 2023. Improving consumer lifestyles and flourishing food and healthcare industries, growing cold chain market, and increasing use of advanced technologies, for instance, magnetic refrigeration, are opportunities for the growth of the commercial refrigeration equipment market.
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Table of Contents
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Commercial Refrigeration Equipment Market, By Product Type
7 Commercial Refrigeration Equipment Market, By Refrigerant Type
8 Commercial Refrigeration Equipment Market, By Application
9 Commercial Refrigeration Equipment Market, By Region
10 Competitive Landscape
11 Company Profiles
12 Appendix
The hotels and restaurants segment is projected to be the largest application segment of the commercial refrigeration equipment market from 2018 to 2023. The advanced commercial refrigerators provide for practical designs to capture the attention of customers at any such point of sale.
The fluorocarbons segment is estimated to be the largest refrigerant type segment of the commercial refrigeration equipment market in 2018. Fluorocarbons are chemical compounds comprising carbon, hydrogen, chlorine, and fluorine as their major constituents. However, not all fluorocarbons may consist of both chlorine and fluorine atoms. The applications of these refrigerants are in refrigerators (domestic, transport, and commercial) and large-scale refrigerators (supermarket/ hypermarket). Fluorocarbons are further sub-divided into three types – HFCs, HCFCs, and HFOs.
The commercial refrigeration equipment market has a diversified ecosystem of upstream players, including raw material suppliers, along with downstream stakeholders, vendors, and government organizations. Companies operating in the commercial refrigeration equipment market include Baltimore Aircoil Company, Inc. (US), Daikin Industries, Ltd. (Japan), GEA Group AG (Germany), Emerson Climate Technologies (US), among others.
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