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Global Commercial Refrigeration Equipment Market (2021-2026) by Product Type, Refrigerant Type, Capacity, Components, Application and Geography - Competitive Analysis, Impact of COVID-19, Ansoff Analysis

  • ID: 5359412
  • Report
  • March 2021
  • Region: Global
  • 195 pages
  • Infogence Global Research
Global Commercial Refrigeration Equipment Market is estimated to be worth USD 35.95 Billion in 2020 and is expected to reach USD 50.89 Billion by 2025, growing at a CAGR of 7.2%

FEATURED COMPANIES

  • AHT Cooling Systems GmbH
  • Bitzer SE
  • Danfoss
  • Electrolux AB
  • Fujimak Corporation
  • Illinois Tool Works Inc.
The Global Commercial Refrigeration Equipment Market is estimated to be worth USD 35.95 Billion in 2020 and is expected to reach USD 50.89 Billion by 2025, growing at a CAGR of 7.2%.



Market Dynamics


Increasing units of retail and multi-chain outlets are the key driving factors for the commercial refrigeration equipment market. The growing awareness of a healthy diet, the demand for take-away meals and frozen food are expected to propel the market's growth. Surging urbanization in developing countries coupled with the increasing trend of vending machines is driving the industry growth. However, stringent government regulation for the approval of manufacturing and sale of refrigerants is expected to hinder the market's growth.

The rapid advancement of technologies such as magnetic refrigeration is anticipated to open new market opportunities during the forecast period

Market Segmentation


The Global Commercial Refrigeration Equipment Market is segmented based on Product Type, Refrigerant Type, Capacity, Components, Application, and Geography.
  • By Product Type, the market is classified as freezer and refrigerators, transportation refrigerators, vending machine refrigerators, beverage refrigerators, display cases, and ice machines. Amongst all, the transportation refrigerators segment is estimated to hold the highest market share.
  • By Refrigerant Type, the market is classified as fluorocarbons, hydrocarbons and inorganics. Amongst all, the fluorocarbons segment is estimated to hold the highest market share during the forecast period.
  • By Capacity, the market is classified as Small, Medium, and Large. Amongst the three, the Medium segment holds the highest market share.
  • By Component, the market is classified as self-contained units and the remote condensing unit. Amongst all, the self-contained units segment is estimated to hold the highest market share.
  • By Application, the market is classified as retail stores, convenience stores, restaurants, transportation, others. Amongst the two, the retail stores segment is estimated to hold the highest market share.
  • By Geography, North America is projected to lead the market.

Recent Developments

  1. Emerson Electric Co. launched Copeland™ variable-speed reciprocating hermetic compressors for commercial refrigeration applications. - 3rd March 2021.
  2. Hoshizaki launched Cubelet Ice and Water Dispenser. - 21st January 2021.

Company Profiles


Some of the companies covered in this report are Hitachi, Ltd., LG Electronics, Mamibot Manufacturing USA, Deere & Company, Robert Bosch GmbH., Husqvarna Group, Zucchetti Centro Sistemi S.p.a., Stiga S.p.A., and The Kobi Company, etc.

Competitive Quadrant


The report includes the Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?


The report offers a comprehensive evaluation of the Global Commercial Refrigeration Equipment Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.

The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel within the industry.

The report includes an in-depth market analysis using Porter's 5 force model and the Ansoff Matrix. The impact of COVID-19 on the market is also featured in the report.

The report also includes the regulatory scenario of the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules & regulations imposed on this sector across various geographies.

The report also contains competitive analysis using Positioning Quadrants, the analyst's proprietary competitive positioning tool.

Report Highlights

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • AHT Cooling Systems GmbH
  • Bitzer SE
  • Danfoss
  • Electrolux AB
  • Fujimak Corporation
  • Illinois Tool Works Inc.
1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Shareholders

2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Proprietary Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study

3 Executive Summary
3.1 Introduction
3.2 Market Size and Segmentation
3.3 Market Outlook

4 Market Influencers
4.1 Drivers
4.1.1 Growing Demand for Frozen Food, Processed Foods, and Liquid Refreshments
4.1.2 Increase In Development of Vending Machines and Retail Chains.
4.1.3 Rising Demand in The Pharmaceutical Storage Units and Transportation Refrigerators
4.2 Restraints
4.2.1 Stringent Government Regulations on Refrigerants
4.2.2 High Installation Cost
4.3 Opportunities
4.3.1 Eco-Friendly and Health-Friendly Refrigerators
4.3.2 Increase In R&D to Improve Temperature and Efficacy of the Product
4.4 Challenges
4.4.1 COVID Related Supply Challenges Refrigerators
4.4.2 Fluctuating Fuel Prices
4.5 Trends

5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter’s Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis

6 Global Commercial Refrigeration Equipment Market, By Type
6.1 Introduction
6.2 Freezer and Refrigerators
6.2.1 Walk In
6.2.2 Reach In
6.2.3 Box/ Chest
6.3 Transportation Refrigerators
6.3.1 Shipping Containers
6.3.2 Truck Containers
6.3.3 Trailer Containers
6.4 Vending Machine Refrigerators
6.5 Beverage Refrigerators
6.5.1 Drinking Fountain and Dispensing
6.5.2 Soda Fountain
6.5.3 Beverage Dispensing and Cooler
6.5.4 Beer Dispensing
6.6 Display Cases
6.7 Ice Machine

7 Global Commercial Refrigeration Equipment Market, By Refrigerant Type
7.1 Introduction
7.2 Fluorocarbons
7.3 Hydrocarbons
7.4 Inorganics

8 Global Commercial Refrigeration Equipment Market, By Capacity
8.1 Introduction
8.2 Small
8.3 Medium
8.4 Large

9 Global Commercial Refrigeration Equipment Market, By Components
9.1 Introduction
9.2 Self-Contained Units
9.3 Remote Condensing Unit

10 Global Commercial Refrigeration Equipment Market, By Application
10.1 Introduction
10.2 Retail Stores
10.3 Convenience Stores
10.4 Restaurant
10.5 Transportation
10.6 Others

11 Global Commercial Refrigeration Equipment Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 South America
11.3.1 Brazil
11.3.2 Argentina
11.3.3 Chile
11.3.4 Colombia
11.4 Europe
11.4.1 UK
11.4.2 France
11.4.3 Germany
11.4.4 Italy
11.4.5 Spain
11.4.6 Netherlands
11.4.7 Sweden
11.4.8 Russia
11.4.9 Rest of Europe
11.5 Asia-Pacific
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4 Indonesia
11.5.5 Malaysia
11.5.6 South Korea
11.5.7 Australia
11.5.8 Sri Lanka
11.5.9 Thailand
11.5.10 Rest of APAC
11.6 Middle-East and Africa
11.6.1 Qatar
11.6.2 Saudi Arabia
11.6.3 South Africa
11.6.4 United Arab Emirates

12 Competitive Landscape
12.1 Competitive Quadrant
12.2 Market Share Analysis
12.3 Strategic Initiatives
12.3.1 M&A and Investments
12.3.2 Partnerships and Collaborations
12.3.3 Product Developments and Improvements

13 Company Profiles
13.1 AHT Cooling Systems GmbH
13.2 Ali S.p.A.
13.3 Bitzer SE
13.4 Daikin Industries, Ltd.
13.5 Danfoss
13.6 Dover Corporation
13.7 Electrolux AB
13.8 Emerson Electric Co.
13.9 Fujimak Corporation
13.10 Hoshizaki Corporation
13.11 Illinois Tool Works Inc.
13.12 Johnson Controls International plc
13.13 Lennox International Inc.
13.14 Liebherr-Hausgeräte GmbH
13.15 Panasonic Corporation
13.16 Qingdao Haier Co. Ltd.
13.17 Standex International Corporation
13.18 Trane Technologies plc
13.19 United Technologies Corporation
13.20 Whirlpool Corporation

14 Appendix
14.1 Questionnaire
Note: Product cover images may vary from those shown
  • AHT Cooling Systems GmbH
  • Ali S.p.A.
  • Bitzer SE
  • Daikin Industrie. Ltd.
  • Danfoss
  • Dover Corporation
  • Electrolux AB
  • Emerson Electric Co.
  • Fujimak Corporation
  • Hoshizaki Corporation
  • Illinois Tool Works Inc.
  • Johnson Controls International plc
  • Lennox International Inc.
  • Liebherr-Hausgeräte GmbH
  • Panasonic Corporation
  • Qingdao Haier Co. Ltd.
  • Standex International Corporation
  • Trane Technologies plc
  • United Technologies Corporation
  • Whirlpool Corporation
Note: Product cover images may vary from those shown

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