Research Reports

ICT & Electronics

icon
Home » Reports » North America Commercial Refrigeration System Market Analysis Opportunity Outlook 2021
Market Research Report

North America Commercial Refrigeration System Market Analysis & Opportunity Outlook 2021

Published On : 09:40 AM, 14th September, 2017 REP-ID-121 Category: ICT & Electronics

Commercial refrigeration system is generally used to prevent the spillage of food and beverage stuffs and keep them fresh for longer duration. It is used where the temperature is sustained at a level much below than that of its surrounds. They are usually used in supermarkets, food & beverage manufacture centers, stores, and distribution centers.

The global commercial refrigeration system market is segmented on the basis of region such as North America, Europe, Asia pacific, Middle East and North Africa and rest of the world. The global commercial refrigeration system market is expected to grow at compound annual growth rate (CAGR) of 6.8% over the forecasted period i.e. 2015-2021.

Market Segmentation

By Application

On the basis of Application, the Commercial Refrigeration System is segmented into:

  • Foodservice
  • Food and beverage production
  • Food and beverage retail
  • Food and beverage

By Refrigerant Types

On the basis of Refrigerant Types, the Commercial Refrigeration System is segmented into:

  • Arehydro Chlorofluorocarbon (HCFC)
  • Hydro Fluorocarbon (HFC)
  • Hydrocarbon (HC)

By Product Type

On the basis of Product Type, the Commercial Refrigeration System is segmented into:

  • Beverage Refrigeration
  • Freezers & Refrigerators
  • Transportation Refrigeration

Growth Drivers and challenges

Rising demand for frozen and chilled products, technological improvements in commercial refrigeration systems, development of cold chain facility and government allowances for energy-efficient products are the main growth drivers of the commercial refrigeration system market over the forecasted period i.e. 2015-2021.

Intensifying fuel prices, the Montreal and Kyoto protocol (Substances that Deplete the Ozone Layer) and some existing energy inefficient products are some major challenges faced by the industry in the upcoming years.

Market Size and Forecast

North America is the leading commercial refrigeration system market in terms of revenue share. In North America region the U.S is the dominating market for commercial refrigeration system. The market was projected at USD 5.72 Billion in 2015, and it is estimated to upsurge at 3.1% CAGR for the forecasted period i.e. 2015-2021.

U.S. commercial refrigeration system market is likely to be driven by development in the food and service industry and changing consumer preferences for food.

Key Players

  • ENTEC services, inc.
  • Dover Corporation
  • Heatcraft Worldwide Refrigeration
  • Anthony International
  • Heat transfer product group
  • Blissfield manufacturing company

Scope and Context

Overview of the Parent Market

Analyst View

Market Size and Growth

•          North America (U.S., Canada, Mexico) Market Size, Y-O-Y and CAGR % Growth Analysis

•          U.S. Market Size, Y-O-Y and CAGR % Growth Analysis

•          Canada Market Size, Y-O-Y and CAGR % Growth Analysis

•          Mexico Market Size, Y-O-Y and CAGR % Growth Analysis

Segmentation

•          By Application Market Size, Y-O-Y and CAGR % Growth Analysis

•          By Refrigerant Types Market Size, Y-O-Y and CAGR % Growth Analysis

•          By Product Type Market Size, Y-O-Y and CAGR % Growth Analysis

Market Dynamics

Supply & Demand Risk

Competitive Landscape

Porter’s Five Force Model

Geographical Economic Activity

Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio

Recent Trends and Developments

Industry Growth Drivers and Challenges

Key Information for Players to establish themselves in current dynamic environment

 

                Key Answers Captured in Report?

Which geography would have better demand for product/services?
What are the strategies adopted by big players in the regional market?
Which country would see the steep rise in CAGR & year-on-year (Y-O-Y) growth?
What is the current & expected market size in next five years?
What is the market feasibility for long term investment?
What opportunity the country would offer for existing and new players in the market?
What is risk involved for suppliers in the geography?
What factors would drive the demand for the product/service in near future?
What is the impact analysis of various factors in the market growth?
What are the recent trends in the regional market and how successful they are?

SELECT LICENSE TYPE

KEY BENEFITS

  • DIRECT ANALYST ASSISTANCE

    Direct access to analyst to help you understand the market in a better way to handle your critical question

  • CUSTOMIZE AS PER YOUR NEED

    Citing your business specific requirement our consultant would assist you ensuring targeted goal is achieved

  • DISCOUNT ON CUSTOMISATION

    Get 10% free customization

  • QUALITY ASSURED

    Great focus on accuracy and quality of the research

Connect With Us

Call us

(U.S.) - +1 646 586 9123
(Canada) - +1 437 889 3230
(U.K.) - +44 203 608 5919
(India) - + 91 120 660 5495
Email: info@researchnester.com

Ask The Analyst

Delivery Center

1014, 10th Floor, Tower A1,
Ansal Corporate Park, Plot no 7A/1,
Sector 142 Noida., 201301 India
info@researchnester.com

US Office

1820 Avenue M, Suite# 1113,
Brooklyn, New York 11230
Phone : +1 646 586 9123
info@researchnester.com

Canada (Toronto)

Phone : +1 437 889 3230
info@researchnester.com

UK Office (London)

Phone : +44 203 608 5919
info@researchnester.com

Copyright © 2018 Research Nester. All rights reserved

Top