logo
logo
Sign in

Commercial Refrigeration Equipment Market to Witness Revolutionary Growth by 2026 | Daikin, Danfoss, GEA Group

avatar
Abdul Tamboli
Commercial Refrigeration Equipment Market to Witness Revolutionary Growth by 2026 | Daikin, Danfoss, GEA Group

The report "Commercial Refrigeration Equipment Market by product Type, Refrigerant Type (Fluorocarbons, Hydrocarbons, Inorganics), Application (Hotels & Restaurants, Supermarkets & Hypermarkets), and Region - Global Forecast to 2026" The global commercial refrigeration equipment market is estimated to be USD 32.0 billion in 2021 and is projected to reach USD 43.3 billion by 2026, at a CAGR of 6.2%, from 2021 to 2026. 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.


Get PDF brochure of the report: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=32445265


Browse 259 market data Tables and 39 Figures spread through 254 Pages and in-depth TOC on "Commercial Refrigeration Equipment Market”


The transportation refrigeration segment is estimated to account for the largest share of the commercial refrigeration equipment market in 2021.


In terms of product type, the transportation refrigeration segment is estimated to account for the largest share of the commercial refrigeration equipment market in 2021. The commercial refrigeration equipment for refrigerated transport is one of the essential links in the cold chain system for the distribution of food commodities, such as bakery & confectionery products, dairy products, beverages, fresh fruits & vegetables, ice creams, frozen dairy products, processed meat, and fish & seafood products.


The supermarkets & hypermarkets segment is estimated to be the largest segment of the commercial refrigeration equipment market, based on application, in 2021.


In terms of application, the supermarkets & hypermarkets segment is estimated to be the largest segment of the commercial refrigeration equipment market in 2021. Various commercial refrigeration equipment (CRE) such as display cases, refrigerated vending machines, among others, are being used as selling points in supermarkets & hypermarkets. High consumption of FMCG products including ready-to-eat salads and sandwiches and beverages, among others, are sold using CRE products to help improve customer service and engagement.


 https://www.prnewswire.com/news-releases/commercial-refrigeration-equipment-market-worth-43-3-billion-by-2026--exclusive-report-by-marketsandmarkets-301387604.html


Asia Pacific is expected to be the largest market for commercial refrigeration equipment during the forecast period.


Asia Pacific is the largest market for commercial refrigeration equipment, globally. The region consists of key revenue-generating countries, such as India and China. These countries have a large consumer base and lucrative opportunities for chilled and frozen food products. In addition, development in the automotive industry of these countries is expected to boost the growth of the refrigerated transport market in the region.


Key players in the commercial refrigeration equipment market include Carrier (US), Emerson Electric Company (US), Daikin (Japan), Danfoss (Denmark), and GEA Group (Germany).


 Early buyers will receive 10% free customization on this report.

Don't miss out on business opportunities in Commercial Refrigeration Equipment Market.

Speak to Our Analyst and gain crucial industry insights that will help your business grow.

https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=32445265


About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications.


Contact:

Mr. Ashish Mehra

MarketsandMarkets™ INC. 

630 Dundee Road 

Suite 430 

Northbrook, IL 60062 

USA: 1-888-600-6441 

[email protected]

collect
0
avatar
Abdul Tamboli
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more