According to a new
market report published by Transparency Market Research “Refrigerated
Display Cases, Beverage Refrigerators and Dispensers, and Chilled
Rooms Market - Global Industry Analysis, Size, Share, Growth, Trends
and Forecast 2015 - 2022”, the global commercial
refrigeration equipment market was valued at US$31.7 bn in 2014 and
is expected to reach US$66.9 bn by 2022, growing at a CAGR of 10.1%
from 2015 to 2022.
In 2014, Asia
Pacific was the largest revenue contributor to the global commercial
refrigeration equipment (Refrigerated Display Cases, Beverage
Refrigerators and Dispensers, and Chilled Rooms) market revenue.
Factors such as proliferation of retail chains, rising food safety
and quality regulations and changing food consumption trends are
expected to be key growth drivers during the forecast period. The
chilled rooms segment generated maximum revenue contributing 41.2% of
the global commercial refrigeration equipment market in 2014. Asia
Pacific is expected to be the fastest growing market during the
forecast period. The growth in the region is primarily attributed to
robust economic developments in China, India and other countries.
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Research Report of Refrigerated Display Cases, Beverage Refrigerators
and Dispensers, and Chilled Rooms Market :
North America is the
largest revenue contributor in the beverage refrigerators market. The
expected rise in adoption of beverage coolers is mainly driven by its
demand in supermarkets and restaurants. Fountains/dispensers market
is mainly driven by Asia Pacific and North America, each accounting
31.9% and 31.8% of the global dispenser market revenue respectively
in 2014.
In 2014, vertical –
front open segment accounted for the maximum revenue i.e. 60.2% of
the global refrigerated display cases market. By product type,
plug-in RDCs dominated the global refrigerated display cases market
in 2014. The global RDCs market is concentrated with global and local
manufacturers competing intensely. Players in North America and
Europe are expanding to low cost manufacturing centers in emerging
markets of Asia-Pacific, Africa and Latin America so as to overcome
the operational challenges such as dropping profit margins and high
investment.
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Report :
Walk-in cooler rooms
was the largest revenue contributor segment in chilled rooms segment
accounting 46.9% of the chilled rooms market. In the same year, the
penetration of walk-in hybrid rooms was quite low and is expected to
rise with the CAGR of 8.7% over the forecast period. In order to
leverage the potential revenue opportunities, leading players are
focusing on differentiated product positioning, distribution
excellence and geographic expansion.
The report analyses
global market for refrigerated display cases, beverage refrigerators
and dispensers, and chilled rooms and provides estimates in terms of
revenue (US$ Mn) and volume (Mn Units) for period 2012 to 2022.
Market estimates are provided for different segments, categorized on
the basis of product type, RDC product design, RDC product type,
chilled room product type and geographies. The market has been
segmented as follows:
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Release of Refrigerated Display Cases, Beverage Refrigerators and
Dispensers, and Chilled Rooms Market :
Market
Segmentation:
Global Commercial
Refrigeration Equipment Market, by Product Type
Refrigerated Display
Cases
Chilled Rooms
Beverage
Refrigerators
Dispensers/Fountains
Global
Refrigerated Display Cases (RDCs) Market, By Product Design
Vertical
Horizontal
Others
(hybrid/semi-vertical)
Global
Refrigerated Display Cases (RDCs) Market, By Product Type
Plug-in
Remote
Global Chilled
Rooms Market, By Product Type
Walk-in cooler rooms
Walk-in freezers
rooms
Walk-in hybrid rooms
Global Commercial
Refrigeration Equipment Market, By Geography
North America
Europe
Asia Pacific
Rest of the World
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About Us :
Transparency Market
Research (TMR) is a global market intelligence company, providing
global business information reports and services. Our exclusive blend
of quantitative forecasting and trends analysis provides
forward-looking insight for thousands of decision makers. TMR’s
experienced team of Analysts, Researchers, and Consultants, use
proprietary data sources and various tools and techniques to gather
and analyze information.
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