Commercial refrigeration equipment are used for preserving food such as vegetables, fruits, meat, and other similar products, by maintaining a temperature of 30C to -40C and increasing the shelf life of the product. Relatively larger share of the market for refrigerators is expected to be accounted for in the near future due to replacement of existing equipment through energy efficient and sustainable technology equipment.
In addition, some refrigeration equipment are specially designed to rapidly reduce the temperature of hot food from around 90C to as low as 30C in a short time period to eliminate the threat of bacterial proliferation.
The rise in demand for commercial refrigeration can be attributed to the increase in demand for frozen & chilled products among the consumers due to change in lifestyle and rapid urbanization. In addition, rapid growth in the organized retail sector, such as increase in number of hypermarkets and supermarkets, further boosts the overall sales of commercial refrigerators; thereby leading to the growth of the market.
However, need for frequent maintenance and potential technical issues arising due to lack of proper maintenance act as major restraints for the commercial refrigeration market. Conversely, advancements in technology and rise in the number of quick service restaurants especially in the emerging economies are expected to provide numerous opportunities for the market growth.
The report segments the commercial refrigeration market based on product type, end-user, and region. Based on product type, the market is divided into deep freezers, bottle coolers, storage water coolers, commercial kitchen refrigeration, medical refrigeration, chest refrigeration, and others. The others subsegment includes ice cubes, bottled water dispenser, visi coolers, refrigerated display cases, and beer dispensers.
On the basis of end-user, it is classified into full service restaurant & hotels, food processing industry, hospitals, retail pharmacies, supermarket/hypermarket, convenience stores, quick service restaurants, and others. The others subsegment comprises catering services, institutional catering, event services, bakery, bars and pubs. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific is expected to dominate the global commercial refrigeration market during the forecast period.
The prominent players in the global commercial refrigeration market have strategically focused on acquisitions as their key strategy to gain significant share in the market. The key players operating in the global commercial refrigeration market are United Technologies Corporation, Daikin Industries Ltd., Illinois Tool Works Inc. (ITW), Johnson Controls International Plc, Dover Corporation, AB Electrolux, Panasonic Corporation, Ali Group Srl, Frigoglass S.A.I.C., and Haier Electronics Group Co., Ltd.
KEY BENEFITS FOR STAKEHOLDERS
• The report provides a quantitative analysis of the current market trends, estimations, and dynamics of the market size from 2018 to 2026 to identify the prevailing commercial refrigeration market opportunities.
• The key countries in all the major regions are mapped based on their market share.
• Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
• In-depth analysis of the size and segmentation assists in determining the prevailing market opportunities.
• Major countries in each region are mapped according to their revenue contribution to the global industry.
• Market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of the market players in the commercial refrigeration industry.
KEY MARKET SEGMENTS
• By Product Type
o Deep Freezers
o Bottle Coolers
o Storage Water Coolers
o Commercial Kitchen Refrigeration
o Medical Refrigeration
o Chest Refrigeration
o Others
• By End-User
o Full Service Restaurant & Hotels
o Food Processing Industry
o Hospitals
o Retail Pharmacies
o Supermarket/Hypermarket
o Convenience Stores
o Quick Service Restaurants
o Others
• By Geography
o North America
§ U.S.
§ Canada
§ Mexico
o Europe
§ Germany
§ France
§ UK
§ Italy
§ Spain
§ Rest of Europe
o Asia-Pacific
§ China
§ India
§ Japan
§ Australia
§ Rest of Asia-Pacific
o LAMEA
§ Brazil
§ UAE
§ Saudi Arabia
§ Rest of LAMEA
CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings
2.1.1. Top impacting factors
2.1.2. Top investment pockets
2.2. CXO perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Parent market overview (2018)
3.3. Key forces shaping Commercial Refrigeration industry/market
3.4. Pricing Analysis
3.5. Commercial Refrigeration Market: Value Chain Analysis
3.6. Case Study
3.7. Market dynamics
3.7.1. Drivers
3.7.2. Restraint
3.7.3. Opportunities
CHAPTER 4: COMMERCIAL REFRIGERATION MARKET, BY PRODUCT TYPE
4.1. Overview
4.2. Deep Freezers
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis by country
4.3. Bottle Coolers
4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis by country
4.4. Storage Water Coolers
4.4.1. Key market trends, growth factors and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market analysis by country
4.5. Commercial Kitchen Refrigerator
4.5.1. Key market trends, growth factors and opportunities
4.5.2. Market size and forecast, by region
4.5.3. Market analysis by country
4.6. Medical Refrigerator
4.6.1. Key market trends, growth factors and opportunities
4.6.2. Market size and forecast, by region
4.6.3. Market analysis by country
4.7. Chest Refrigerator
4.7.1. Key market trends, growth factors and opportunities
4.7.2. Market size and forecast, by region
4.7.3. Market analysis by country
4.8. Others
4.8.1. Key market trends, growth factors and opportunities
4.8.2. Market size and forecast, by region
4.8.3. Market analysis by country
CHAPTER 5: COMMERCIAL REFRIGERATION MARKET, BY END-USER
5.1. Overview
5.2. Full Service Restaurant & Hotels
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market analysis by country
5.3. Food Processing Industry
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market analysis by country
5.4. Hospitals
5.4.1. Key market trends, growth factors and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market analysis by country
5.5. Retail Pharmacies
5.5.1. Key market trends, growth factors and opportunities
5.5.2. Market size and forecast, by region
5.5.3. Market analysis by country
5.6. Supermarket/Hypermarket
5.6.1. Key market trends, growth factors and opportunities
5.6.2. Market size and forecast, by region
5.6.3. Market analysis by country
5.7. Convenience Stores
5.7.1. Key market trends, growth factors and opportunities
5.7.2. Market size and forecast, by region
5.7.3. Market analysis by country
5.8. Quick Service Restaurants
5.8.1. Key market trends, growth factors and opportunities
5.8.2. Market size and forecast, by region
5.8.3. Market analysis by country
5.9. Others
5.9.1. Key market trends, growth factors and opportunities
5.9.2. Market size and forecast, by region
5.9.3. Market analysis by country
CHAPTER 6: COMMERCIAL REFRIGERATION MARKET, BY REGION
6.1. Overview
6.2. North America
6.2.1. Key market trends, growth factors and opportunities
6.2.2. Market size and forecast, by product type
6.2.3. Market size and forecast, by end-user
6.2.4. Market analysis by country.
6.2.5. U.S.
6.2.5.1. Market size and forecast, by product type
6.2.5.2. Market size and forecast, by end-user
6.2.6. Canada
6.2.6.1. Market size and forecast, by product type
6.2.6.2. Market size and forecast, by end-user
6.2.7. Mexico
6.2.7.1. Market size and forecast, by product type
6.2.7.2. Market size and forecast, by end-user
6.3. Europe
6.3.1. Key market trends, growth factors and opportunities
6.3.2. Market size and forecast, by product type
6.3.3. Market size and forecast, by end-user
6.3.4. Market analysis by country.
6.3.5. Germany
6.3.5.1. Market size and forecast, by product type
6.3.5.2. Market size and forecast, by end-user
6.3.6. France
6.3.6.1. Market size and forecast, by product type
6.3.6.2. Market size and forecast, by end-user
6.3.7. UK
6.3.7.1. Market size and forecast, by product type
6.3.7.2. Market size and forecast, by end-user
6.3.8. Italy
6.3.8.1. Market size and forecast, by product type
6.3.8.2. Market size and forecast, by end-user
6.3.9. Spain
6.3.9.1. Market size and forecast, by product type
6.3.9.2. Market size and forecast, by end-user
6.3.10. Rest of Europe
6.3.10.1. Market size and forecast, by product type
6.3.10.2. Market size and forecast, by end-user
6.4. Asia-Pacific
6.4.1. Key market trends, growth factors and opportunities
6.4.2. Market size and forecast, by product type
6.4.3. Market size and forecast, by end-user
6.4.4. Market analysis by country.
6.4.5. China
6.4.5.1. Market size and forecast, by product type
6.4.5.2. Market size and forecast, by end-user
6.4.6. India
6.4.6.1. Market size and forecast, by end-user
6.4.7. Japan
6.4.7.1. Market size and forecast, by product type
6.4.7.2. Market size and forecast, by end-user
6.4.8. Australia
6.4.8.1. Market size and forecast, by product type
6.4.8.2. Market size and forecast, by end-user
6.4.9. Rest of Asia-Pacific
6.4.9.1. Market size and forecast, by product type
6.4.9.2. Market size and forecast, by end-user
6.5. LAMEA
6.5.1. Key market trends, growth factors and opportunities
6.5.2. Market size and forecast, by product type
6.5.3. Market size and forecast, by end-user
6.5.4. Market analysis by country.
6.5.5. Brazil
6.5.5.1. Market size and forecast, by product type
6.5.5.2. Market size and forecast, by end-user
6.5.6. UAE
6.5.6.1. Market size and forecast, by product type
6.5.6.2. Market size and forecast, by end-user
6.5.7. Saudi Arabia
6.5.7.1. Market size and forecast, by product type
6.5.7.2. Market size and forecast, by end-user
6.5.8. Rest of LAMEA
6.5.8.1. Market size and forecast, by product type
6.5.8.2. Market size and forecast, by end-user
CHAPTER 7: COMPETITIVE LANDSCAPE
7.1. Introduction
7.1.1. Top player positioning, 2018
7.2. Top winning strategies
7.2.1. Top winning strategies, by year
7.2.2. Top winning strategies, by development
7.2.3. Top winning strategies, by company
7.3. Product mapping of top 10 player
7.4. Competitive heatmap
7.5. Key developments
7.5.1. Acquisitions
7.5.2. Product Launch
CHAPTER 8: COMPANY PROFILES
8.1. United Technologies Corporation
8.1.1. Company overview
8.1.2. Company snapshot
8.1.3. Operating business segments
8.1.4. Product portfolio
8.1.5. R&D Expenditure
8.1.6. Business performance
8.1.7. Key strategic moves and developments
8.2. Daikin Industries Ltd.
8.2.1. Company overview
8.2.2. Company snapshot
8.2.3. Operating business segments
8.2.4. Product portfolio
8.2.5. R&D Expenditure
8.2.6. Business performance
8.2.7. Key strategic moves and developments
8.3. Illinois Tool Works Inc.
8.3.1. Company overview
8.3.2. Company snapshot
8.3.3. Operating business segments
8.3.4. Product portfolio
8.3.5. R&D Expenditure
8.3.6. Business performance
8.3.7. Key strategic moves and developments
8.4. Johnson Controls International PLC
8.4.1. Company overview
8.4.2. Company snapshot
8.4.3. Operating business segments
8.4.4. Product portfolio
8.4.5. Business performance
8.4.6. Key strategic moves and developments
8.5. Dover Corporation
8.5.1. Company overview
8.5.2. Company snapshot
8.5.3. Operating business segments
8.5.4. Product portfolio
8.5.5. R&D Expenditure
8.5.6. Business performance
8.5.7. Key strategic moves and developments
8.6. AB Electrolux
8.6.1. Company overview
8.6.2. Company snapshot
8.6.3. Operating business segments
8.6.4. Product portfolio
8.6.5. R&D Expenditure
8.6.6. Business performance
8.6.7. Key strategic moves and developments
8.7. Panasonic Corporation
8.7.1. Company overview
8.7.2. Company snapshot
8.7.3. Operating business segments
8.7.4. Product portfolio
8.7.5. R&D Expenditure
8.7.6. Business performance
8.7.7. Key strategic moves and developments
8.8. Ali Group S.p.A.
8.8.1. Company overview
8.8.2. Company snapshot
8.8.3. Product portfolio
8.9. Frigoglass S.A.I.C.
8.9.1. Company overview
8.9.2. Company snapshot
8.9.3. Operating business segments
8.9.4. Product portfolio
8.9.5. Business performance
8.9.6. Key strategic moves and developments
8.10. Haier Electronics Group Co., Ltd.
8.10.1. Company overview
8.10.2. Company snapshot
8.10.3. Operating business segments
8.10.4. Product portfolio
8.10.5. R&D Expenditure
8.10.6. Business performance
8.10.7. Key strategic moves and developments
