R e s e a r c h
Report Media Releases
Global Commercial Refrigeration Equipment Market to be
Valued at US$ 28.09 Bn by 2016 End; North America to
Dominate Global Market
In a new report titled “Commercial Refrigeration Equipment Market: Global
Industry Analysis and Forecast, 2016 – 2026”, Persistence Market Research delivers key
insights into the global commercial refrigeration equipment market and analyzes the key factors and
M a r k e t
trends influencing market performance. Sales revenue of the global commercial refrigeration
equipment market is expected to register a CAGR of 5.0% over the forecast period (2016–2026),
to be valued at US$ 45,913.5 Mn by 2026 end.
Rapid growth of the retail sector coupled with a robust growth of the food and related services
sector is expected to be a major driver for the global commercial refrigeration equipment market
over the forecast period. Furthermore, government regulations regarding usage of natural
refrigerants over synthetic refrigerants is another factor that is expected to propel the growth of
the global commercial refrigeration equipment market over the forecast period. However, decline
in replacement rates for commercial refrigeration equipment is anticipated to restrain the growth
P e r s i s t e n c e
of the global commercial refrigeration equipment market over the forecast period. Also, stringent
government regulations pertaining to the development of energy efficie
nt and
environmentally friendly equipment is expected to be a challenge especially for Tier 2 and Tier 3
players.
Browse Complete Report @ http://www.persistencemarketresearch.com/market-
research/commercial-refrigeration-equipment-market.asp
The global commercial refrigeration equipment market is segmented on the basis of Product
Type (Transportation Refrigeration, Refrigerator and Freezer, Beverage Refrigeration
Equipment, Refrigerated Display Cases, Ice Machine, Refrigerated Vending Machine);
Application (Food and Beverage Production, Food and Beverage Retail, Food and Beverage
Distribution, Food Service); and Region (North America, Latin America, EU, EEU, Other CIS
Countries, APAC, China, Middle East, and Africa). The Refrigerator and Freezer segment is
expected to dominate the global commercial refrigeration equipment market during the forecast
period. This segment is anticipated to be valued at US$ 8,649.3 Mn by the end of 2016 and is
Global Commercial Refrigeration Equipment Market 2016-2026