Food retail industry makes wide use of commercial refrigeration equipment for merchandising and food storage purposes. For More Information Visit - http://www.grandviewresearch.com/industry-analysis/commercial-refrigeration-equipment-market

1. Commercial Refrigeration Equipment Market Analysis,
Market Size, Application Analysis, Regional Outlook,
Competitive Strategies, and Forecasts, 2015 To 2022
The global commercial refrigeration market is expected to witness significant
growth over the forecast period owing to the extensive use of commercial
refrigeration equipment by the food and beverage industry. Food retail industry
makes wide use of commercial refrigeration equipment for merchandising and
food storage purposes. Food retail industry in the Asia-Pacific region is expected to
be the major factor that will drive the commercial refrigeration equipment market
growth. The need for storing edible items in a climate-controlled environment is a
major factor that drives global commercial refrigeration market growth.
For More Information on "Commercial Refrigeration Equipment Market
Research Reports" visit - http://www.grandviewresearch.com/industry-
analysis/commercial-refrigeration-equipment-market

2. The commercial refrigeration equipment caters to the commercial needs of cafes,
hotels, and supermarkets worldwide. The commercial refrigeration equipment is
usually customized type. However, technological advancements coupled with
innovative designs aid in the development of generalized format, complementing
the requirements of all commercial consumers.
Evolving trends pertaining to food consumption, emergence of fast food chains,
and surging demand in international food trade may favorably impact the global
commercial refrigeration equipment market over the next six years. In addition,
rising processed as well as sea food exports paired with increasing horticulture
activities may provide key growth opportunities for the commercial refrigeration
market.

3. Solar powered Commercial Refrigeration System (CRS) which plays a vital part in
avoiding energy crisis is also expected to provide new avenues for exploration in
the commercial refrigeration equipment market. Benefits offered by remote
monitored commercial equipment such as continuous monitoring of the system for
alerts helps in reducing maintenance cost, energy consumption, and overall
operating cost. Owing to the aforementioned advantages, solar powered CRS along
with remote-monitored commercial refrigeration equipment is expected to pose
high potential in the commercial refrigeration equipment market over the forecast
period.
Rising fuel prices is expected to pose a challenge to the global commercial
refrigeration market in the upcoming years. Fuels can be used to generate
electricity used for proper functioning of refrigeration equipment during the food
product transportation. Transportation refrigeration market segment accounts for
maximum market share in the global commercial refrigeration equipment market
owing to the significant rise in the international food trade.

4. The key market participants include Hussmann Corporation, Carrier Air-
conditioning & Refrigeration Ltd., Daikin Industries Ltd., Dover Corporation,
Hubbard Products Ltd., Illinois Tool Works Inc., Ingersoll Rand Plc, Interlevin
Refrigeration Ltd., and Metalfrio Solutions Inc.
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