Commercial Refrigeration Equipment

Global Market Trajectory & Analytics

MCP11198

EXECUTIVE ENGAGEMENTS

OUTREACH

862
Number of executives repeatedly engaged by snail & email outreach

INTERACTIONS

172
Interactions with Platform & by Email

PARTICIPANTS

34
Unique # Participated

VALIDATIONS

16
Responses Validated*

COMPETITORS

38
Responses Validated*
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DATE

APR 2021

TABLES

120

PAGES

188

EDITION

7

PRICE

USD $4950


  

HIGHLIGHTS

Amid the COVID-19 crisis, the global market for Commercial Refrigeration Equipment estimated at US$31.4 Billion in the year 2020, is projected to reach a revised size of US$39.9 Billion by 2027, growing at a CAGR of 3.5% over the analysis period 2020-2027. Transportation Refrigeration Equipment, one of the segments analyzed in the report, is projected to record a 4.2% CAGR and reach US$11.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Beverage Refrigerators segment is readjusted to a revised 3.2% CAGR for the next 7-year period.
The Commercial Refrigeration Equipment market in the U.S. is estimated at US$8.5 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$8.4 Billion by the year 2027 trailing a CAGR of 6.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1% and 2.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.7% CAGR.
In the global Freezer & Refrigerator segment, USA, Canada, Japan, China and Europe will drive the 3.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$4.5 Billion in the year 2020 will reach a projected size of US$5.6 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$5.6 Billion by the year 2027, while Latin America will expand at a 4.5% CAGR through the analysis period.

SELECT PLAYERS

Beverage-Air Corporation; Daikin Industries Ltd.; Danfoss A/S; Dover Corporation; Electrolux AB; GE Appliances; Hussmann Corporation; Illinois Tool Works, Inc.; Ingersoll-Rand PLC; Metalfrio Solutions SA; United Technologies Corporation -; Whirlpool Corporation

SEGMENTS

» Segment (Transportation Refrigeration Equipment, Beverage Refrigerators, Freezer and Refrigerator, Refrigerated Display Cases, Ice Machine, Refrigerated Vending Machine)

GEOGRAPHIES

» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » Spain » Russia » and Rest of Europe » Asia-Pacific » Australia » India » South Korea » and Rest of Asia-Pacific » Latin America » Argentina » Brazil » Mexico » and Rest of Latin America » Middle East » Iran » Israel » Saudi Arabia » United Arab Emirates » and Rest of Middle East » and Africa

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