Commercial Refrigeration Equipment Market to be Worth USD 45.45 Billion by 2023


The report "Commercial Refrigeration Equipment Market by Product Type, Refrigerant Type (Fluorocarbons, Hydrocarbons, Inorganics) Application (Hotels & Restaurants, Supermarkets & Hypermarkets), and Region (Europe, APAC, North America) - Global Forecast to 2023", The global commercial refrigeration equipment market is projected to grow from USD 33.58 billion in 2018 to USD 45.45 billion by 2023, at a CAGR of 6.2% from 2018 to 2023. Improving consumer lifestyles and flourishing food and healthcare industries, growing cold chain market, and increasing use of advanced technologies, for instance, magnetic refrigeration, are opportunities for the growth of the commercial refrigeration equipment market.

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Browse 99 market data Tables and 32 Figures spread through 159 Pages and in-depth TOC on "Commercial Refrigeration Equipment Market”

Table of Contents

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Commercial Refrigeration Equipment Market, By Product Type

7 Commercial Refrigeration Equipment Market, By Refrigerant Type

8 Commercial Refrigeration Equipment Market, By Application

9 Commercial Refrigeration Equipment Market, By Region

10 Competitive Landscape

11 Company Profiles

12 Appendix

The commercial refrigeration equipment market has a diversified ecosystem of upstream players, including raw material suppliers, along with downstream stakeholders, vendors, and government organizations. Companies operating in the commercial refrigeration equipment market include Baltimore Aircoil Company, Inc. (US), Daikin Industries, Ltd. (Japan), GEA Group AG (Germany), Emerson Climate Technologies (US), among others.

Target Audience

  • Manufacturers, dealers, and suppliers of the commercial refrigeration equipment
  • End users of the commercial refrigeration equipment
  • Government and research organizations
  • Companies operational in material R&D
  • Associations and industrial bodies
  • Investment banks
  • Consulting companies/consultants in chemical and material sectors

 The Asia Pacific is expected to be the largest market of commercial refrigeration equipment during the forecast period. The increasing population in the region, improving economic conditions, such as rising GDP & disposable incomes, and a booming consumer appliances sector have led to growth in the commercial refrigeration equipment in the region. In addition, the growth of the commercial refrigeration equipment market in this region is fueled by growth in the manufacturing sector; increase in spending on private & public infrastructure development; and rapid urbanization.

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