HVAC and Construction Industry Commercial refrigeration equipment Market Trends

Hexa Research Fact-based market research, penetrating industry insights and validated forecasts to help you make better decisions for a stronger future Commercial refrigeration equipment Market Share, Size, Analysis, Growth, Trends and Forecasts, 2016 to 2024 | Hexa Research Global commercial refrigeration equipment market is projected to grow at a CAGR of 5.6% over the forecast period (2016 to 2024). By 2024, market revenues would exceed USD 40 billion. This may be attributed to changing food consumption patterns triggered by rapid industrialization and technological advancements. Escalating intake of frozen foods spurs demand for refrigeration of food on a commercial scale. Innovative technology makes possible remote monitoring of products to check refrigerant leak, high liquid levels, abnormal system pressures, etc. Increase in specialty food outlets, hypermarkets, and supermarkets also contribute to a favorable market outlook. These places are equipped with advanced products like multi-deck display cabinets and open front cases, having LEDs and proximity sensors. Browse Details of Report @ https://www.hexaresearch.com/researchreport/commercial-refrigeration-equipment-market Contact: [phone] Email : [email protected] Website: http://www.hexaresearch.com/