Aug 16, 2017   SOURCE: BusinessWire

Commercial Refrigeration Market - Global Forecast to 2023 - Growing Demand for Transportation Refrigeration - Research and Markets

The "Commercial Refrigeration Market: Global Industry Analysis, Trends, Market Size & Forecasts to 2023" report has been added to Research and Markets' offering.

The report predicts the global commercial refrigeration market to grow with a CAGR between 5% and 6% from 2017 to 2023. The global commercial refrigeration market size was USD 37.03 billion in 2015.

The study on commercial refrigeration market covers the analysis of regions such as North America, Europe, Asia Pacific, and Rest of the World. Among the geographies,North America dominated the world market with the highest market share, while Asia-pacific and Europe are the next major markets with significant growth. Asia-Pacific is anticipated to become the fastest growing market in terms of CAGR over the forecast period.

The report on global commercial refrigeration market is a comprehensive study of demand, market size, forecasts, trends and factors affecting the global commercial refrigeration market. Moreover, the report is collective presentation of primary and secondary research findings.

Report Findings

1) Drivers

  • Increasing demand for frozen food and vegetables
  • Rapid growth of retail sector and cold food chains
  • Increasing investments in food & beverages industries
  • Growing demand for transportation refrigeration

2) Restraints

  • Fluctuating fuel prices
  • Stringent regulations for part suppliers and OEM's
  • Slow pace in upgradation & replacement of old commercial refrigeration systems

3) Opportunities

  • Refrigeration of food produce in emerging economies
  • Transportation of food & beverages
  • Retail sector in developing countries
  • Advanced technologies and energy efficient refrigeration systems

Companies Mentioned

  • AB Electrolux
  • AHT Cooling Systems GmbH
  • Carrier
  • Daikin Industries Ltd
  • Danfoss A/S
  • Dover Corporation
  • Haier
  • Hussman Corporation
  • Illinois Tool Works Inc
  • Ingersoll Rand Plc
  • Johnson Controls Inc
  • Panasonic Corporation
  • Whirlpool Corporation

Key Topics Covered:

1. Preface

2. Executive Summary

3. Global Commercial Refrigeration Market Overview

4. Global Commercial Refrigeration Market: Snapshots

5. Global Commercial Refrigeration Market by Application (USD Million, KT) 2017-2023

6. Global Commercial Refrigeration Market by Product Type (USD Million, KT) 2017-2023

7. Global Commercial Refrigeration Market Analysis, by Region (USD Million, KT) 2017-2023

8. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/l2qk2x/commercial