Commercial Refrigeration Equipment Market for Food Service, Food and Beverage Production, Food and Beverage Distribution, Food and Beverage Retail, and Other Applications: Forecast, 2015 – 2021

Commercial Refrigeration Equipment Market for Food Service, Food and Beverage Production, Food and Beverage Distribution, Food and Beverage Retail, and Other Applications: Forecast, 2015 – 2021

Commercial Refrigeration Equipment Market for Food Service, Food and Beverage Production, Food and Beverage Distribution, Food and Beverage Retail, and Other Applications: Forecast, 2015 – 2021

Comments Off on Commercial Refrigeration Equipment Market for Food Service, Food and Beverage Production, Food and Beverage Distribution, Food and Beverage Retail, and Other Applications: Forecast, 2015 – 2021

According to the report, global demand for commercial refrigeration equipment market was valued at USD 36.63 billion in 2015 and is expected to generate revenue of USD 61.44 billion by the end of 2021, growing at a CAGR of slightly above 9.0% between 2016 and 2021. Commercial refrigeration equipment is typically used for refrigeration procedure in food and beverage industry. It is used for food storage and merchandising purposes by the food wholesale industry, such as supermarkets, specialty food stores, grocery stores, and convenience stores.

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ccording to the report, global demand for commercial refrigeration equipment market was valued at USD 36.63 billion in 2015 and is expected to generate revenue of USD 61.44 billion by the end of 2021, growing at a CAGR of slightly above 9.0% between 2016 and 2021.

Refrigeration has the wide range of applications including household refrigerators, industrial freezers, cryogenics, and air conditioning. Commercial refrigeration equipment is refrigerator designed particularly for commercial use with a broad range of temperature control and self-contained condensing units. Commercial refrigeration equipment are typically used for refrigeration processes in food and beverage industry. It is used for food storage and merchandising purposes by the food wholesale industry, such as supermarkets, specialty food stores, grocery stores, and convenience stores. It is also used in restaurants and cafeterias.

Rising number of hypermarkets, specialty food stores, and supermarkets is expected to be the major drivers for the global commercial refrigeration equipment market. In addition, the changing food consumption and increasing worldwide food trade are expected to trigger the growth of commercial refrigeration in the coming years. Varying food consumption patterns, increase in the retailing of commercial refrigeration equipment are expected to be the key factors driving the global commercial refrigeration industry. Rising buy and sell purchase of frozen food items among developing countries due to changing consumption trends drives demand for commercial refrigeration equipment. However, high energy consumption limits adoption by small retailers and increasing fuel costs may pose the challenge to commercial refrigeration equipment market.

commercial refrigeration equipment Market

Based on product, commercial refrigeration equipment market has been segmented into transportation refrigeration equipment, refrigerators and freezers, beverage refrigerators, parts and others (ice machines, refrigerated vending machines, display cases, cryogenic equipment, liquid chillers, and small market products). The commercial refrigeration equipment market was dominated by transportation refrigeration equipment segment which accounted for largest share due to the increasing international food trade across the globe. Further, it is expected to continue its dominance over the forecast period.  Beverage refrigerators segment is expected to witness moderate growth due to the rising number of restaurants, especially in the fast-food segment.

The commercial refrigeration equipment market is segmented into applications such as food service, food, and beverage production, food, and beverage distribution, food and beverage retail and others. In terms of revenue, the food service application segment dominated the market in 2015.  At present, food service and food and beverage retail application are acting as drivers for the growth of the commercial refrigeration equipment market. The increase in worldwide food trade is creating the demand for frozen foods, processed foods and storing seafood across the globe.

North America is expected to remain the dominant region over the forecast period. Increasing consumer expenses is expected to encourage food industry participants to expand the number of retail restaurants in the U.S. Asia-Pacific is projected to be the fastest growing and the largest revenue contributing region in commercial refrigeration equipment market during the forecast period. It accounted for over 34% share of the entire market for commercial refrigeration equipment in 2015. Europe and Latin America are also expected to experience significant growth in the years to come.

Some of the key players in commercial refrigeration equipment market include Dover Corporation, Daikin Industries, Ltd., Whirlpool Corporation, AHT Cooling Systems GmbH, AB Electrolux, Hussmann Corporation, Ingersoll Rand plc, Illinois Tool Works Inc., United Technologies Corporation (Carrier), and Haier, Inc. among other.

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[wptab name=’Table of content’]

  • Chapter 1. Introduction
    • 1.1. Report description and scope
    • 1.2. Research scope
    • 1.3. Research methodology
      • 1.3.1. Market research process
      • 1.3.2. Market research methodology
  • Chapter 2. Executive Summary
    • 2.1. Global commercial refrigeration equipment market, 2015 – 2021 (USD Billion)
    • 2.2. Global commercial refrigeration equipment market : Snapshot
  • Chapter 3. Commercial Refrigeration Equipment – Market Dynamics
    • 3.1. Introduction
    • 3.2. Market drivers
      • 3.2.1. Global commercial refrigeration equipment market drivers: Impact analysis
      • 3.2.2. Rising number of specialty food stores, and supermarkets
      • 3.2.3. Increasing in international food trade, horticulture, sea and processed food exports
    • 3.3. Market restraints
      • 3.3.1. Global commercial refrigeration equipment market restraints: Impact analysis
      • 3.3.2. Increasing fuel prices
      • 3.3.3. Environment regulations & energy efficiency
    • 3.4. Opportunities
      • 3.4.1. Consolidation of warehouses and growth of cold supply chains
    • 3.5. Porter’s five forces analysis
      • 3.5.1. Bargaining power of suppliers
      • 3.5.2. Bargaining power of buyers
      • 3.5.3. Threat from new entrants
      • 3.5.4. Threat from new substitutes
      • 3.5.5. Degree of competition
    • 3.6. Market attractiveness analysis
      • 3.6.1. Market attractiveness analysis, by product segment
      • 3.6.2. Market attractiveness analysis, by application segment
      • 3.6.3. Market attractiveness analysis, by regional segment
  • Chapter 4. Global Commercial Refrigeration Equipment Market – Competitive Landscape
    • 4.1. Company Market Share Analysis
    • 4.1.1. Global commercial refrigeration equipment market: company market share, 2015
    • 4.2. Strategic Development
    • 4.2.1. Acquisitions & Mergers
    • 4.2.2. New Product Launch
    • 4.2.3. Agreements, Partnerships, Collaborations and Joint Ventures
    • 4.2.4. Research and Development, Product and Regional Expansion
    • 4.3. Price Trend Analysis
    • 4.4. Product Portfolio
    • 4.5. Patent Analysis (2011-2016)
    • 4.5.1. Patent Trend
    • 4.5.2. Patent Share by company
    • 4.5.3. By Region
  • Chapter 5. Global Commercial Refrigeration Equipment Market – Product Segment Analysis
    • 5.1. Global commercial refrigeration equipment market: Product overview
      • 5.1.1. Global commercial refrigeration equipment market revenue share, by product, 2015 and 2021
    • 5.2. Transport Refrigeration Equipment
      • 5.2.1. Global transport refrigeration equipment market , 2015 – 2021(USD Billion)
    • 5.3. Refrigerators and Freezers
      • 5.3.1. Global refrigerators and freezers market , 2015 – 2021(USD Billion)
    • 5.4. Beverage Refrigerators
      • 5.4.1. Global beverage refrigerators market , 2015 – 2021(USD Billion)
    • 5.5. Commercial Refrigeration Equipment Parts
      • 5.5.1. Global parts market , 2015 – 2021(USD Billion)
    • 5.6. Others
      • 5.6.1. Global other product market , 2015 – 2021(USD Billion)
  • Chapter 6. Global Commercial refrigeration equipment Market – Application Segment Analysis
    • 6.1. Global commercial refrigeration equipment market: Application overview
      • 6.1.1. Global commercial refrigeration equipment market revenue share, by application, 2015 and 2020
    • 6.2. Food Service
      • 6.2.1. Global commercial refrigeration equipment market for Food service, 2015 – 2021 (USD Billion)
    • 6.3. Food and Beverage Production
      • 6.3.1. Global commercial refrigeration equipment market for food and beverage production, 2015 – 2021(USD Billion)
    • 6.4. Food and Beverage Distribution
      • 6.4.1. Global commercial refrigeration equipment market for food and beverage distribution, 2015 – 2021 (USD Billion)
    • 6.5. Food and Beverage Retail
      • 6.5.1. Global commercial refrigeration equipment market for food and beverage retail, 2015 – 2021(USD Billion)\
    • 6.6. Others
      • 6.6.1. Global commercial refrigeration equipment market for other application , 2015 – 2021 (USD Billion)
  • Chapter 7. Global Commercial refrigeration equipment Market – Regional Segment Analysis
    • 7.1. Global commercial refrigeration equipment market: Regional overview
      • 7.1.1. Global commercial refrigeration equipment market revenue share, by region, 2015 and 2021
    • 7.2. North America
      • 7.2.1. North America commercial refrigeration equipment market revenue, by product, 2015 – 2021(USD Billion)
      • 7.2.2. North America commercial refrigeration equipment market revenue, by application, 2015 – 2021(USD Billion)
      • 7.2.3. U.S.
        • 7.2.3.1. U.S. commercial refrigeration equipment market revenue, by product, 2015 – 2021(USD Billion)
        • 7.2.3.2. U.S. commercial refrigeration equipment market revenue, by application, 2015 – 2021(USD Billion)
    • 7.3. Europe
      • 7.3.1. Europe commercial refrigeration equipment market revenue, by product, 2015 – 2021(USD Billion)
      • 7.3.2. Europe commercial refrigeration equipment market revenue, by application, 2015 – 2021(USD Billion)
      • 7.3.3. Germany
        • 7.3.3.1. Germany commercial refrigeration equipment market revenue, by product, 2015 – 2021(USD Billion)
        • 7.3.3.2. Germany commercial refrigeration equipment market revenue, by application, 2015 – 2021(USD Billion)
      • 7.3.4. France
        • 7.3.4.1. France commercial refrigeration equipment market revenue, by product, 2015 – 2021(USD Billion)
        • 7.3.4.2. France commercial refrigeration equipment market revenue, by application, 2015 – 2021(USD Billion)
      • 7.3.5. UK
        • 7.3.5.1. UK commercial refrigeration equipment market revenue, by product, 2015 – 2021(USD Billion)
        • 7.3.5.2. UK commercial refrigeration equipment market revenue, by application, 2015 – 2021(USD Billion)
    • 7.4. Asia Pacific
      • 7.4.1. Asia Pacific commercial refrigeration equipment market revenue, by product, 2015 – 2021, (USD Billion)
      • 7.4.2. Asia Pacific commercial refrigeration equipment market revenue, by application, 2015 – 2021, (USD Billion)
      • 7.4.3. China
        • 7.4.3.1. China commercial refrigeration equipment market revenue, by product, 2015 – 2021(USD Billion)
        • 7.4.3.2. China commercial refrigeration equipment market revenue, by application, 2015 – 2021(USD Billion)
      • 7.4.4. Japan
        • 7.4.4.1. Japan commercial refrigeration equipment market revenue, by product, 2015 – 2021(USD Billion)
        • 7.4.4.2. Japan commercial refrigeration equipment market revenue, by application, 2015 – 2021(USD Billion)
      • 7.4.5. India
        • 7.4.5.1. India commercial refrigeration equipment market revenue, by product, 2015 – 2021(USD Billion)
        • 7.4.5.2. India commercial refrigeration equipment market revenue, by application, 2015 – 2021(USD Billion)
    • 7.5. Latin America
      • 7.5.1. Latin America commercial refrigeration equipment market revenue, by product, 2015 – 2021(USD Billion)
      • 7.5.2. Latin America commercial refrigeration equipment market revenue, by application, 2015 – 2021(USD Billion)
      • 7.5.3. Brazil
        • 7.5.3.1. Brazil commercial refrigeration equipment market revenue, by product, 2015 – 2021(USD Billion)
        • 7.5.3.2. Brazil commercial refrigeration equipment market revenue, by application, 2015 – 2021 (USD Billion)
    • 7.6. Middle East and Africa
      • 7.6.1. Middle East and Africa commercial refrigeration equipment market revenue, by product, 2015 – 2021 (USD Billion)
      • 7.6.2. Middle East and Africa commercial refrigeration equipment market revenue, by application, 2015 – 2021(USD Billion)
  • Chapter 8. Company Profile
    • 8.1. Daikin Industries
      • 8.1.1. Overview
      • 8.1.2. Financials
      • 8.1.3. Product portfolio
      • 8.1.4. Business strategy
      • 8.1.5. Recent developments
    • 8.2. AHT Cooling Systems GmbH
      • 8.2.1. Overview
      • 8.2.2. Financials
      • 8.2.3. Product portfolio
      • 8.2.4. Business strategy
      • 8.2.5. Recent developments
    • 8.3. AB Electrolux
      • 8.3.1. Overview
      • 8.3.2. Financials
      • 8.3.3. Product portfolio
      • 8.3.4. Business strategy
      • 8.3.5. Recent developments
    • 8.4. Dover Corporation
      • 8.4.1. Overview
      • 8.4.2. Financials
      • 8.4.3. Product portfolio
      • 8.4.4. Business strategy
      • 8.4.5. Recent developments
    • 8.5. Whirlpool Corporation
      • 8.5.1. Overview
      • 8.5.2. Financials
      • 8.5.3. Product portfolio
      • 8.5.4. Business strategy
      • 8.5.5. Recent developments
    • 8.6. Hussmann Corporation
      • 8.6.1. Overview
      • 8.6.2. Financials
      • 8.6.3. Product portfolio
      • 8.6.4. Business strategy
      • 8.6.5. Recent developments
    • 8.7. Illinois Tool Works Inc.
      • 8.7.1. Overview
      • 8.7.2. Financials
      • 8.7.3. Product portfolio
      • 8.7.4. Business strategy
      • 8.7.5. Recent developments
    • 8.8. United Technologies Corporation.
      • 8.8.1. Overview
      • 8.8.2. Financials
      • 8.8.3. Product portfolio
      • 8.8.4. Business strategy
      • 8.8.5. Recent developments

List of Figures

1. Market research process
2. Market research methodology
3. Global commercial refrigeration equipment market revenue, 2015 – 2021(USD Billion)
4. Porter’s five forces analysis
5. Commercial refrigeration equipment: Market attractiveness analysis, by product segment
6. Commercial refrigeration equipment: Market attractiveness analysis, by application segment
7. Commercial refrigeration equipment: Market attractiveness analysis, by regional segment
8. Company market share analysis, 2015 and 2021
9. Price Trend Analysis : Commercial refrigeration equipment
10. Patent trend between 2011 -2016
11. Patent share by company between 2011 – 2016
12. Patent share by region between 2011 – 2016
13. Global commercial refrigeration equipment market revenue share by product, 2015 and 2021
14. Global transport refrigeration equipment market, 2015 – 2021 (USD Billion)
15. Global refrigerators and freezers market, 2015 – 2021(USD Billion)
16. Global beverage refrigerators market, 2015 – 2021 (USD Billion)
17. Global commercial refrigeration equipment parts market, 2015 – 2021(USD Billion)
18. Global other product market, 2015 – 2021 (USD Billion)
19. Global commercial refrigeration equipment market revenue share by application, 2015 and 2021
20. Global commercial refrigeration equipment market for food service, 2015 – 2021, (USD Billion)
21. Global commercial refrigeration equipment market for food and beverage production, 2015 – 2021, (USD Billion)
22. Global commercial refrigeration equipment market for food and beverage distribution, 2015 – 2021, (USD Billion)
23. Global commercial refrigeration equipment market for food and beverage retail, 2015 – 2021, (USD Billion)
24. Global commercial refrigeration equipment market for other application, 2015 – 2021, (USD Billion)


List of Tables

1. Commercial refrigeration equipment market: Market snapshot
2. Drivers of global commercial refrigeration equipment market: Impact analysis
3. Restraints of global commercial refrigeration equipment market: Impact analysis
4. North America commercial refrigeration equipment market revenue, by product, 2015 – 2021(USD Billion)
5. North America commercial refrigeration equipment market revenue, by application, 2015 – 2021(USD Billion)
6. U.S. commercial refrigeration equipment market revenue, by product, 2015 – 2021(USD Billion)
7. U.S. commercial refrigeration equipment market revenue, by application, 2015 – 2021(USD Billion)
8. Germany commercial refrigeration equipment market revenue, by product, 2015 – 2021(USD Billion)
9. Germany commercial refrigeration equipment market revenue, by application, 2015 – 2021(USD Billion)
10. France commercial refrigeration equipment market revenue, by product, 2015 – 2021(USD Billion)
11. France commercial refrigeration equipment market revenue, by application, 2015 – 2021(USD Billion)
12. UK commercial refrigeration equipment market revenue, by product, 2015 – 2021(USD Billion)
13. UK commercial refrigeration equipment market revenue, by application, 2015 – 2021(USD Billion)
14. Asia Pacific commercial refrigeration equipment market revenue, by product, 2015 – 2021(USD Billion)
15. Asia Pacific commercial refrigeration equipment market revenue, by application, 2015 – 2021(USD Billion)
16. China commercial refrigeration equipment market revenue, by product 2015 – 2021(USD Billion)
17. China commercial refrigeration equipment market revenue, by application 2015 – 2021(USD Billion)
18. Japan commercial refrigeration equipment market revenue, by product, 2015 – 2021(USD Billion)
19. Japan commercial refrigeration equipment market revenue, by application, 2015 – 2021(USD Billion)
20. India commercial refrigeration equipment market revenue, by product, 2015 – 2021(USD Billion)
21. India commercial refrigeration equipment market revenue, by application, 2015 – 2021(USD Billion)
22. Latin America commercial refrigeration equipment market revenue, by product, 2015 – 2021(USD Billion)
23. Latin America commercial refrigeration equipment market revenue, by application, 2015 – 2021(USD Billion)
24. Brazil commercial refrigeration equipment market revenue, by product, 2015 – 2021(USD Billion)
25. Brazil commercial refrigeration equipment market revenue, by application, 2015 – 2021(USD Billion)
26. Middle East and Africa commercial refrigeration equipment market revenue, by product, 2015 – 2021(USD Billion)
27. Middle East and Africa commercial refrigeration equipment market revenue, by application, 2015 – 2021(USD Billion)
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