PUBLISHER: TechNavio | PRODUCT CODE: 1709622
PUBLISHER: TechNavio | PRODUCT CODE: 1709622
The commercial refrigeration equipment market is forecasted to grow by USD 15630.6 mn during 2024-2029, accelerating at a CAGR of 6.6% during the forecast period. The report on the commercial refrigeration equipment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by need to increase storage life of food products, market expansion by end-users, and growing focus on merchandising refrigerated food and beverages.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 6.3% |
CAGR | 6.6% |
Incremental Value | $15630.6 mn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's commercial refrigeration equipment market is segmented as below:
By End-user
By Product
By Type
By Capacity
By Material
By Geographical Landscape
This study identifies the growing demand for energy efficient models of commercial refrigeration equipment as one of the prime reasons driving the commercial refrigeration equipment market growth during the next few years. Also, increasing launches of refrigerated food and beverage products and product portfolio expansion will lead to sizable demand in the market.
The report on the commercial refrigeration equipment market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading commercial refrigeration equipment market vendors that include Ali Group Srl, Blue Star Ltd., Daikin Industries Ltd., Dover Corp., Electrolux Group, Felix Storch Inc., FUJIMAK Corp., HOSHIZAKI Corp., Illinois Tool Works Inc., Imbera, Lennox International Inc., Panasonic Holdings Corp., Standex International Corp., Tecumseh Products Co. LLC, TEFCOLD AS, The Middleby Corp., TURBO AIR Inc., UAB FREOR LT, and Valpro Refrigeration. Also, the commercial refrigeration equipment market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Exhibits: