Research Reports

ICT & Electronics

icon
icon
Home » Reports » North America Commercial Refrigeration System Market By Application Foodservice Food And Beverage Production Food And Beverage Retail Food And Beverage By Refrigerant Type Hydro Chlorofluorocarbon Hcfc Hydro Fluorocarbon Hfc Hydrocarbon Hc By Product Type Beverage Refrigeration Freezers Refrigerators Transportation Refrigeration Historical Growth 2012 2016 Future Outlook 2017 2024 Demand Analysis Opportunity Evaluation
Market Research Report

North America Commercial Refrigeration System Market By Application (Foodservice, Food and Beverage Production, Food and beverage retail, Food and Beverage); By Refrigerant Type (Hydro Chlorofluorocarbon (HCFC), Hydro Fluorocarbon (HFC), Hydrocarbon (HC)); By Product Type (Beverage Refrigeration, Freezers & Refrigerators, Transportation Refrigeration) - Historical Growth (2012-2016) & Future Outlook (2017-2024) Demand Analysis & Opportunity Evaluation

Published On : December, 2018 REP-ID-121 Category: ICT & Electronics

Commercial Refrigeration System Market Overview

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.

Market Size and Forecast

Global commercial refrigeration system market is anticipated to flourish at a CAGR of 6.8% during the forecast period i.e. 2017-2024.  Further, the market of commercial refrigeration system was valued at USD 6.1 Billion in 2016 and is projected to garner USD 9.68 Billion by the end of 2024.

In the regional market, 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. Factor such as, increasing use of solar powered systems is expected to drive the growth of the commercial refrigeration system during the forecast period.

Apart from this, 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 over the forecast period.

commercial refrigeration system market

Based on product type, commercial refrigeration market is segmented into beverage refrigeration, freezers & refrigerators and transportation refrigeration, out of which, freezers and refrigerators segments is expected to dominate the market of commercial refrigeration system over the forecast period.

Market Segmentation

Our in-depth analysis has segmented commercial refrigeration system market into the following segments:

By Application

  • Foodservice
  • Food and Beverage Production
  • Food and Beverage Retail
  • Food and Beverage

By Refrigerant Type

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

By Product Type

  • Beverage Refrigeration
  • Freezers & Refrigerators
  • Transportation Refrigeration

By Region

Global commercial refrigeration system market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Russia, Poland, Turkey, BENELUX & Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Australia, New Zealand, Malaysia & Rest of Asia) Market size, Y-O-Y growth & Opportunity Analysis.
  • Middle East and Africa (GCC, Israel, North Africa and South Africa) Market size, Y-O-Y growth & Opportunity Analysis

Growth Drivers and challenges

Factor such as, rising demand for frozen and chilled products is anticipated to drive the growth of the commercial refrigeration system over the forecast period. Further, technological improvements in commercial refrigeration systems and development of cold chain facility are expected to increase the overall market of commercial refrigeration system over the forecast period.

Apart from this, government allowances for energy-efficient products are anticipated to be the dynamic factor behind the growth of the commercial refrigeration system market during the forecast period.

However, intensifying fuel prices and Montreal and Kyoto protocol (substances that deplete the ozone layer) and some existing energy inefficient products are some of the key factors which are expected to limit the growth of commercial refrigeration system market in upcoming years.

Key Players

  • ENTEC Services, Inc.
    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis
  • Dover Corporation
  • Heatcraft Worldwide Refrigeration
  • Anthony International
  • Heat Transfer Product Group
  • Blissfield Manufacturing Company
  • Panasonic Corporation
  • Daikin
  • Traulsen

Things to know

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

RELATED REPORTS

Delivery Center

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

US Office

77 Water Street 8th Floor,
New York, New York, 10005
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

Subscribe To Our Newsletters

Copyright © 2018 Research Nester. All rights reserved

Top