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Commercial and Industrial Refrigeration Equipment Manufacturing: Global Markets to 2022

Commercial and Industrial Refrigeration Equipment Manufacturing: Global Markets to 2022

  • July 2018
  • 196 pages
  • ID: 5474535
  • Format: PDF
  • By BCC Research

Summary

Table of Contents

Report Scope
This research report categorizes the commercial and industrial refrigeration equipment market by type include condensers, compressors, evaporators, other industrial refrigeration equipment, refrigerators, freezers, beverage refrigeration, refrigerated display cases, transportation refrigeration and other commercial refrigeration equipment.

Report Includes
- 103 data tables
- Country specific data and analysis for USA, Brazil, UK, Germany, France, Italy, Spain, China, India, Japan, Australia, and South Africa
- Assessment of the global market and future demand growth of the commercial and industrial refrigeration equipment industry
- Discussion about the main industry drivers and opportunities with detailed focus on the current and future trends
- Insight into the Government Initiatives, Regulatory Bodies and Major Associations representing commercial and industrial refrigeration equipment industry
- Company profiles of major players in the market, including Daikin Industries, Ltd., Electrolux Group, Haier Group, Johnson Controls International Plc and United Technologies Corp.

Summary
Global commercial and industrial refrigeration equipment market is positive with significant growth potential for speed indicators and gas and liquid flow meters. Rising disposable income, rapid economic growth in emerging markets, globalization and increasing popularity of retail chains in emerging markets is driving the demand for commercial and industrial refrigeration equipment market.

The commercial and industrial refrigeration equipment market reached a value of nearly REDACTED in 2017 and is expected to grow at a compound annual growth rate (CAGR) of REDACTED to nearly REDACTED by 2022.

The commercial and industrial refrigeration equipment market is fragmented with a few large players dominating the market. Major players in the market are Daikin Industries, Ltd., Electrolux Group, Haier Group, Johnson Controls International Plc, United Technologies Corporation and others.

Refrigerated display cases accounted for the largest share of the commercial and industrial refrigeration equipment market in 2017 at REDACTED.The highest growth is also projected to come from refrigerated display cases, which is forecasted to grow at a CAGR of REDACTED.

Major factors included rising disposable income and increasing demand for beverages from developing countries.

North America is the largest commercial and industrial refrigeration equipment market, accounting for REDACTED of the global market.It was followed by Asia-Pacific and Western Europe region.

Going forward, Asia-Pacific is expected to witness the fastest growth in the commercial and industrial refrigeration equipment market, estimated at grow at a CAGR of REDACTED, followed by Africa which is expected to growat a CAGR of REDACTED.

The USA is the largest market in terms of value and in the commercial and industrial refrigeration equipment market. Germany and India are forecasted to have the fastest growth, growing at a CAGR of REDACTED and REDACTED, respectively.

The market is challenged by restraints such as rising trade protectionism and increasing health consciousness among consumers.

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