Global Refrigerated Display Cases Market to Exhibit 9.6% CAGR due to Growing Demand for Plug-In Refrigerated Display Cases

According to a recent market research report published by Transparency Market Research, the global refrigerated display cases market is estimated to expand at a CAGR of 9.6% during the period between 2013 and 2019. The report, titled “Refrigerated Display Cases Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019,” projects the global refrigerated display cases market to be worth US$16.28bn by 2019. The overall market stood at a valuation of US$8.78bn in 2013.

Refrigerated display cases or cabinets are specially designed refrigerators/freezers used to keep perishable items that require cold storage. Refrigerated display cases are widely used across the food and beverages industry, particularly in grocery stores, supermarkets/hypermarkets, catering businesses, hotels/restaurants, and other non-conventional outlets including kiosks and gas stations. Refrigerated display cases are also being used in the biomedical sector for storing drugs or specimens.

The report states that the changing food consumption trends, along with the proliferation of hotels, supermarkets, and cafes have boosted the growth of the global refrigerated display cases market. Technological advancements have led to the development of refrigerators with critical control temperature features. However, the growing focus on energy efficiency and stringent environmental regulations are expected to hinder the growth of the market during the forecast period. The overall market has considerable scope for growth with the introduction of environment friendly refrigerated display cases and commercial infrastructure developments across emerging economies.

On the basis of product design, the report segments the global refrigerated display cases market into horizontal-top open, vertical-front open, and others (hybrid/semi-vertical). The vertical-front open refrigerated display cases are expected to register higher demand compared to other designs as they are portable and can display the items on vertical fashion while occupying relatively less space.

Get Free Sample Report Copy :

http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1576

In terms of product type, the report categorizes the global refrigerated display cases market into remote refrigerated display cases and plug-in refrigerated display cases. The demand for plug-in refrigerated display cases is high due to features such as portability and low installation time.

The report studies the global refrigerated display cases market across four key regions: Asia Pacific, North America, Europe, and Rest of the World. Owing to the economic growth in Asia Pacific, the region holds a high potential for growth of the market. The rapid expansion of the commercial services sector, especially the hospitality and retail industries has led to a higher demand for refrigerated display cases. In North America and Europe, the market is witnessing stiff competition due to the presence of some of the largest market players.

Describing the competitive landscape, the report profiles some of the key players in the global refrigerated display cases market such as Beverage-Air Corporation, Metalfrio Solutions S.A., Daikin Industries Ltd., Dover Corporation, United Technologies Corporation – Climate, Controls & Security Unit (Carrier), Illinois Tool Works Inc., Lennox International Inc., Hussmann International Inc., Epta S.p.A., AHT Cooling Systems GmbH, and Blue Star Ltd. The report further provides crucial information about the key players including their business strategies, recent developments, and financial overview.

About Us :

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend 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.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.  

Global Refrigerated Display Cases and Chilled Rooms Market to Reach US$66.9 bn by 2022 due to Growing Need for Warehousing Food Items

Transparency Market Research has recently published a comprehensive research report on the global refrigerated display cases (RDCs), beverage refrigerators and dispensers, and chilled rooms market. This research report, titled “Refrigerated Display Cases, Beverage Refrigerators and Dispensers, and Chilled Rooms Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2022,” details the key market dynamics and trends to put forth a well-research report. The research report also highlights the important elements in the market that are influencing the shape of this market. Furthermore, it also includes an analysis of the historical data and correlates it with the current study to offer its readers a fair picture of the market’s trajectory for the coming years.

According to the research report, the global refrigerated display cases, beverage refrigerators and dispensers, and chilled rooms market was valued at US$31.7 bn in 2014 and is expected to reach US$66.9 bn by 2022, registering a CAGR of 10.1% from 2015 to 2022. This growth is attributable to the rising demand for cooling systems to display and store food products in stores and other commercial spaces. A noteworthy trend in the global refrigerated display cases, beverage refrigerators and dispensers, and chilled rooms market is the rise of hybrid RDCs, which have both cooling and heating abilities. The demand for these is especially high amongst quick service restaurants and other such food outlets.

Research shows that the chilled rooms segment held a dominating position in 2014 in terms of revenue in the global commercial refrigeration equipment market. The prime growth driver for this segment is the proliferation of online retailing networks, which are creating a demand for chilled rooms to warehouse perishable food items. Chilled rooms are further segmented into walk-in cooler rooms, walk-in hybrid rooms, and walk-in freezer rooms. Of these, walk-in cooler rooms held a major share of 47% in the overall market in 2014.

Get Free Sample Report Copy :

http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=4092

Geographically, Asia Pacific holds a dominating position in the global RDCs, chilled rooms, and beverage refrigerators and dispensers market. This dominance is attributable to the flourishing commercial sector in the region, which is dictated by restaurants, hotels, retail, and the catering industry. On the other hand, North America and Europe are witnessing steady saturation of the market.

Some of the Key Players in the global refrigerated display cases, beverage refrigerators and dispensers, and chilled rooms market are Metalfrio Solutions S.A., Amerikooler Inc, SRC Refrigeration, U.S. Cooler Company, Zero Zone, Inc., Vestforst A/S, ColdKit, Sanden Corporation, ISA Italy S.r.l., Blue Star Ltd., AHT Cooling Systems GmbH, Lennox International, Inc., and Hussmann International, Inc. The research report offers a detailed analysis of the competitive landscape of the market by analyzing the regulatory framework and the investment scenario. The research report also offers details pertaining to the financial overview, research and development activities, product portfolio, investment outlook, and business and marketing strategies of these top players.

About Us :

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend 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.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Global Refrigerated Display Cases Market to Exhibit 9.6% CAGR due to Growing Demand for Plug-In Refrigerated Display Cases

According to a recent market research report published by Transparency Market Research, the global refrigerated display cases market is estimated to expand at a CAGR of 9.6% during the period between 2013 and 2019. The report, titled “Refrigerated Display Cases Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019,” projects the global refrigerated display cases market to be worth US$16.28bn by 2019. The overall market stood at a valuation of US$8.78bn in 2013.

Refrigerated display cases or cabinets are specially designed refrigerators/freezers used to keep perishable items that require cold storage. Refrigerated display cases are widely used across the food and beverages industry, particularly in grocery stores, supermarkets/hypermarkets, catering businesses, hotels/restaurants, and other non-conventional outlets including kiosks and gas stations. Refrigerated display cases are also being used in the biomedical sector for storing drugs or specimens.

The report states that the changing food consumption trends, along with the proliferation of hotels, supermarkets, and cafes have boosted the growth of the global refrigerated display cases market. Technological advancements have led to the development of refrigerators with critical control temperature features. However, the growing focus on energy efficiency and stringent environmental regulations are expected to hinder the growth of the market during the forecast period. The overall market has considerable scope for growth with the introduction of environment friendly refrigerated display cases and commercial infrastructure developments across emerging economies.

On the basis of product design, the report segments the global refrigerated display cases market into horizontal-top open, vertical-front open, and others (hybrid/semi-vertical). The vertical-front open refrigerated display cases are expected to register higher demand compared to other designs as they are portable and can display the items on vertical fashion while occupying relatively less space.

Get Free Sample Report Copy :

http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1576

In terms of product type, the report categorizes the global refrigerated display cases market into remote refrigerated display cases and plug-in refrigerated display cases. The demand for plug-in refrigerated display cases is high due to features such as portability and low installation time.

The report studies the global refrigerated display cases market across four key regions: Asia Pacific, North America, Europe, and Rest of the World. Owing to the economic growth in Asia Pacific, the region holds a high potential for growth of the market. The rapid expansion of the commercial services sector, especially the hospitality and retail industries has led to a higher demand for refrigerated display cases. In North America and Europe, the market is witnessing stiff competition due to the presence of some of the largest market players.

Describing the competitive landscape, the report profiles some of the Key Players in the global refrigerated display cases market such as Beverage-Air Corporation, Metalfrio Solutions S.A., Daikin Industries Ltd., Dover Corporation, United Technologies Corporation – Climate, Controls & Security Unit (Carrier), Illinois Tool Works Inc., Lennox International Inc., Hussmann International Inc., Epta S.p.A., AHT Cooling Systems GmbH, and Blue Star Ltd. The report further provides crucial information about the key players including their business strategies, recent developments, and financial overview.

About Us :

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend 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.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.