According to a new report Global Commercial Refrigeration Equipment Market, published by KBV Research, The Global Commercial Refrigeration Equipment Market size is expected to reach $47.8 billion by 2025, rising at a market growth of 5.6% CAGR during the forecast period.
The Hypermarket & Supermarket market dominated the Global Commercial Refrigeration Equipment Market by Retail Channel 2018, growing at a CAGR of 4.7 % during the forecast period. The Convenience store & Specialty store market is expected to witness a CAGR of 5% during (2019-2025). Additionally, The Others market is expected to witness highest CAGR of 13.5% during (2019-2025).
The North America market dominated the Global Commercial Refrigeration Equipment Food Service Market by Region 2018, growing at a CAGR of 3.3 % during the forecast period. The Europe market is expected to witness a CAGR of 4% during (2019-2025). Additionally, The Asia Pacific market is expected to witness a CAGR of 6.6% during (2019-2025).
The Refrigerators & Freezers market dominated the Global Commercial Refrigeration Equipment Market by Product 2018, growing at a CAGR of 4.5 % during the forecast period. The Transportation Refrigeration Equipment market is expected to witness a CAGR of 4.9% during (2019-2025). The Beverage Refrigeration market is expected to witness a CAGR of 6.7% during (2019-2025). Additionally, The Ice Merchandisers & Ice Vending Equipment market is expected to witness highest CAGR of 9.9% during (2019-2025).
Full Report: https://www.kbvresearch.com/commercial-refrigeration-equipment-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of WELBILT, Inc., Panasonic Corporation, Standex International Corporation, GEA Group AG, Emerson Electric co., Whirlpool Corporation, United Technologies Corporation, Johnson Controls International Plc., Illinois Tool Works Inc., and The Manitowoc Company, Inc.
Global Commercial Refrigeration Equipment Market Segmentation
Refrigerators & Freezers
Transportation Refrigeration Equipment
Ice Merchandisers & Ice Vending Equipment
Food & Beverage Distribution
Food & Beverage Retail
Food & Beverage Production
By Retail Channel
Hypermarket & Supermarket
Convenience store & Specialty store
Rest of North America
Rest of Europe
Rest of Asia Pacific
Rest of LAMEA
Standex International Corporation
GEA Group AG
Emerson Electric Co.
United Technologies Corporation
Johnson Controls International Plc.
Illinois Tool Works Inc.
The Manitowoc Company, Inc.
Commercial Refrigeration Equipment Market Related Reports:
North America Market
Asia Pacific Market
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