Commercial Refrigeration Equipment Market Size, Share & Trends Report

Commercial Refrigeration Equipment Market Size, Share & Trends Analysis Report By Product, By System Type, By Capacity, By Application, By Refrigerant, By Distribution Channel, By Region, And Segment Forecasts, 2024 - 2030

Report ID: 978-1-68038-531-1
Number of Pages: 127
Format: Electronic (PDF)

Historical Range: 2018 - 2023
Industry: Technology

Market Segmentation

Commercial Refrigeration Equipment Product Outlook (Revenue, USD Million, 2018 - 2030)
- Transportation Refrigeration Equipment
  - Trailers
  - Trucks
  - Shipping Containers
- Refrigerators & Freezers
  - Walk-in-Refrigerators
  - Reach-in Refrigerators
  - Chest
- Beverage Refrigeration
- Display Showcases
  - Ice Cream Cabinets
  - Bakery/Deli Display
  - Others
- Ice Merchandisers & Ice Vending Equipment
- Other Equipment
Commercial Refrigeration Equipment System Type Outlook (Revenue, USD Million, 2018 - 2030)
- Self-contained
- Remotely Operated
Commercial Refrigeration Equipment Capacity Outlook (Revenue, USD Million, 2018 - 2030)
- Less than 50 cu. Ft
- 50 to 100 cu. Ft
- More than 100 cu. Ft
- Others
Commercial Refrigeration Equipment Application Outlook (Revenue, USD Million, 2018 - 2030)
- Food Service
- Food & Beverage Retail
- Hotels and Hospitality
- Pharmaceuticals
- Healthcare
- Biotechnology
- Chemicals
- Others
Commercial Refrigeration Equipment Market, By Refrigerant Revenue, USD Million, 2018 - 2030)
- Synthetic Refrigerants (HFCs, HCFCs)
- Natural Refrigerants
Commercial Refrigeration Equipment Market, By Distribution Channel Revenue, USD Million, 2018 - 2030)
- Distributors and Wholesalers
- Retailers
Commercial Refrigeration Equipment Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
  - North America Commercial Refrigeration Equipment Market, By Product
  - North America Commercial Refrigeration Equipment Market, By System Type
  - North America Commercial Refrigeration Equipment Market, By Capacity
  - North America Commercial Refrigeration Equipment Market, By Application
  - North America Commercial Refrigeration Equipment Market, By Refrigerant
  - North America Commercial Refrigeration Equipment Market, By Distribution Channel
  - U.S.
  - Canada
- Europe
  - Europe Commercial Refrigeration Equipment Market, By Product
  - Europe Commercial Refrigeration Equipment Market, By System Type
  - Europe Commercial Refrigeration Equipment Market, By Capacity
  - Europe Commercial Refrigeration Equipment Market, By Application
  - Europe Commercial Refrigeration Equipment Market, By Refrigerant
  - Europe Commercial Refrigeration Equipment Market, By Distribution Channel
  - Germany
  - U.K.
  - France
  - Italy
  - Spain
- Asia Pacific
  - Asia Pacific Commercial Refrigeration Equipment Market, By Product
  - Asia Pacific Commercial Refrigeration Equipment Market, By System Type
  - Asia Pacific Commercial Refrigeration Equipment Market, By Capacity
  - Asia Pacific Commercial Refrigeration Equipment Market, By Application
  - Asia Pacific Commercial Refrigeration Equipment Market, By Refrigerant
  - Asia Pacific Commercial Refrigeration Equipment Market, By Distribution Channel
  - China
  - Japan
  - India
  - Australia
  - South Korea
    - South Korea Commercial Refrigeration Equipment Market, By Product
- Latin America
  - Latin America Commercial Refrigeration Equipment Market, By Product
  - Latin America Commercial Refrigeration Equipment Market, By System Type
  - Latin America Commercial Refrigeration Equipment Market, By Capacity
  - Latin America Commercial Refrigeration Equipment Market, By Application
  - Latin America Commercial Refrigeration Equipment Market, By Refrigerant
  - Latin America Commercial Refrigeration Equipment Market, By Distribution Channel
  - Brazil
  - Mexico
- Middle East & Africa
  - Middle East & Africa Commercial Refrigeration Equipment Market, By Product
  - Middle East & Africa Commercial Refrigeration Equipment Market, By System Type
  - Middle East & Africa Commercial Refrigeration Equipment Market, By Capacity
  - Middle East & Africa Commercial Refrigeration Equipment Market, By Application
  - Middle East & Africa Commercial Refrigeration Equipment Market, By Refrigerant
  - Middle East & Africa Commercial Refrigeration Equipment Market, By Distribution Channel
  - Saudi Arabia
    - Saudi Arabia Commercial Refrigeration Equipment Market, By Product
    - Saudi Arabia Commercial Refrigeration Equipment Market, By System Type
    - Saudi Arabia Commercial Refrigeration Equipment Market, By Capacity
    - Saudi Arabia Commercial Refrigeration Equipment Market, By Application
    - Saudi Arabia Commercial Refrigeration Equipment Market, By Refrigerant
    - Saudi Arabia Commercial Refrigeration Equipment Market, By Distribution Channel
  - South Africa
    - South Africa Commercial Refrigeration Equipment Market, By Product
    - South Africa Commercial Refrigeration Equipment Market, By System Type
    - South Africa Commercial Refrigeration Equipment Market, By Capacity
    - South Africa Commercial Refrigeration Equipment Market, By Application
    - South Africa Commercial Refrigeration Equipment Market, By Refrigerant
    - South Africa Commercial Refrigeration Equipment Market, By Distribution Channel

Commercial Refrigeration Equipment Market Dynamics

Driver: Technological Advancements And Need For Energy Efficient Refrigerators

Improvements in technology has allowed manufacturers to build energy-efficient commercial refrigerators. Regulations regarding low energy consumption is driving the adoption of such smart equipment as they allow comprehensive computation of energy consumption. The emergence of low-voltage equipment that consumes minimal electricity is anticipated to drive the market for commercial refrigerators globally. Incorporating refrigerants in the refrigeration systems with high global warming potential has become a matter of concern for the manufacturers. Reduced emission of hazardous gases and decreased operational costs are certain other factors propelling such green technologies' demand over conventional cooling systems.

Driver: Shifting Trend In Food Consumption Habits

Shifting trend in food consumption habits have resulted in considerable changes in food consumption over the past few years. Improvement in the food supply chain accompanied by economic development and gradual elimination of dietary deficiencies have drastically changed consumption patterns. The rapidly growing frozen foods market is also expected to fuel the commercial refrigeration demand. Consumers today are adopting quick meals as an alternative to cooking at home and dining out, due to which, fast food restaurants are anticipated to substantially grow over the forecast period. This is further expected to favorably impact market demand for commercial refrigeration equipment over the forecast period.

Restraint: High Maintenance Cost Of Contemporary Devices

Major companies invest heavily in technological advancements and research & development of the product, which increases the prices of the appliances equipped with advanced technology. High maintenance cost of contemporary devices is major challenge to the market. Internet of Things (IoT) enabled commercial refrigerators are more expensive than the conventional ones. These refrigerators require frequent maintenance and replacement of worn-out parts. The investment cost, which includes purchase, installation, and accessories, is also higher, which may inhibit the consumers, with a low budget, from buying them. High initial and maintenance costs of these appliances may restrict the market growth over the forecast period.

What Does This Report Include?

This section will provide insights into the contents included in this commercial refrigeration equipment market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.

Commercial refrigeration equipment market qualitative analysis

Industry overview
Industry trends
Market drivers and restraints
Market size
Growth prospects
Porter’s analysis
PESTEL analysis
Key market opportunities prioritized
Competitive landscape
- Company overview
- Financial performance
- Product benchmarking
- Latest strategic developments

Commercial refrigeration equipment market quantitative analysis

Market size, estimates, and forecast from 2018 to 2030
Market estimates and forecast for product segments up to 2030
Regional market size and forecast for product segments up to 2030
Market estimates and forecast for application segments up to 2030
Regional market size and forecast for application segments up to 2030
Company financial performance

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