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Commercial refrigeration equipment market
1.
Commercial Refrigeration Equipment
Market December 2017 ©2015 Future Market Insights, All Rights Reserved Report Id : REP-US-1305 Status : Publish Category : Industrial Automation and Equipment
2.
About Future Market Insights ©2015
Future Market Insights, All Rights Reserved Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, aerial view of the competitive framework, and future market trends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMI is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing – the perfect solution for our client. Research Capabilities Subscription Information Customized Research Syndicated Research Investment Research Social Media Research Sector Coverage Automotive and Transportation Electronics, Semiconductor, and ICT Retail and Consumer Products Industrial Automation and Equipment Chemicals & Materials Food and Beverages Services and Utilities Energy, Mining, Oil, and Gas For detailed subscription information please contact Hari. T (Sr. Manager - Global Business Development) T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com Customized Research Syndicated Research Investment Research Social Media Research 2
3.
Research Methodology (1/2) Systematic
Research Approach In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc. PMR formulates a detailed discussion guide to conduct expert and industry interviews PMR develops a list of industry players (manufacturers), distributors, retailers and industry experts PMR conducts interviews with industry experts, industry players, distributors and retailers Data is validated by triangulation method, wherein secondary, primary and PMR analysis contribute to the final data Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry PMR delivers industry insights and information in the required format (PDF) Data Collection Data Filter & Analysis Research & Intelligence Actionable Insights Business Solution A C B Primary Research Company Analysis Desk Research Identifying key opinion leaders Questionnaire design In-depth interviews Coverage across value chain Market participants Key strengths Product portfolio Mapping as per value chain Key focus segments Key industry experts Channel study Developments Market dynamics Products Conclusions SOLUTION Primary Research# Linkedin Zoominfo Salesforce Avention Factiva GBI Genios Meltwater Company websites Company annual reports White papers Financial reports ©2015 Future Market Insights, All Rights Reserved Secondary Research # Paid Publications# Insights Market profiling Formulating discussion guide Developing list of respondents Data analysis Data validation Data collection 1 2 3 4 5 6 7 # includes sources of databases 3
4.
Future Market Insights
(FMI) delivers key insights on the commercial refrigeration systems market in its latest report titled, “Commercial Refrigeration System Market: U.S. Industry Analysis and Opportunity Assessment, 2015-2025”. According to the report, the U.S. commercial refrigeration systems market is projected to expand at a healthy CAGR of 3.2% in terms of value over the forecast period. Commercial refrigeration systems are refrigerators with remote or self-contained condensing units. These refrigerators are designed especially for commercial use with a wide range of temperature control (typically from -18°C to +10°C) options. Commercial refrigeration systems are mainly used in hypermarkets, supermarkets, convenience stores, warehouses and distribution centres, foodservice industry and food & beverage production units. Commercial refrigeration systems include products such as ice machines, vending machines, beverage refrigeration equipment, refrigerated display cases, trailers, trucks, containers and walk-in and reach-in refrigerators. Commercial refrigeration systems also include various components such as compressors and refrigerants. Refrigerants mainly used in commercial refrigeration systems include R507A, R417A and R422A. Commercial Refrigeration Equipment Market ©2015 Future Market Insights, All Rights Reserved 4
5.
The selection of
a refrigerant depends on various properties such as non- corrosiveness, global warming and ozone depletion potential, inflammability, toxicity, cost, erosional properties, leak-detection capability and thermodynamic properties. Growing demand for frozen and chilled products, expansion of cold chain capacity, technological advancements in commercial refrigeration systems and rebates for energy-efficient products and practices are some of the major underlying factors anticipated to fuel growth of the U.S. commercial refrigeration systems market between 2016 and 2025. This is forecast to create unprecedented opportunities for commercial refrigeration systems manufacturers, distributors and HVAC contractors. The U.S. commercial refrigeration systems market is segmented on the basis of application and product type. By application, the market is segmented into foodservice, food & beverage distribution, food & beverage retail and food & beverage production. On the basis of product type, the market is classified into transportation & refrigeration systems, refrigerator & freezers, beverage refrigeration equipment, refrigerated display cases, ice machines and refrigerated vending machines. Visit For TOC @ https://www.futuremarketinsights.com/toc/rep-us-1305 Commercial Refrigeration Equipment Market ©2015 Future Market Insights, All Rights Reserved 5
6.
By application, foodservice
segment accounted for the highest share of 30% in terms of value in the U.S. commercial refrigeration systems market in 2014. This segment is expected to remain dominant in the market over the forecast period. Ice machines segment and beer dispensing equipment sub-segment are projected to play an important role in the foodservice industry due to various factors such as increasing per capita food consumption and rising number of foodservice restaurants in the country. By product type, transportation refrigeration systems segment is projected to expand at the highest CAGR of 5.5% during the forecast period due to expansion of cold chain capacity in the U.S. By region, Southeast region represents the largest market potential, followed by the Middle-east and Far West regions. California, Texas and Florida represent a huge potential for refrigerated systems due to high density of restaurants and convenience stores in these states. Other high- growth markets include Arizona, Georgia and Utah due to rapid growth in the restaurant industry in these states. Key trends identified in the U.S. commercial refrigeration systems market include rapid adoption of Internet of Things (IoT), compatible commercial refrigeration Commercial Refrigeration Equipment Market ©2015 Future Market Insights, All Rights Reserved 6
7.
systems for enhancing
system output, government initiatives to support utilisation of eco-friendly refrigerants and continued advancements in energy-efficient products. However, declining replacement rate of commercial refrigeration equipment and stringent government regulations could pose major challenge for tier II & III players. The report analyses the U.S. commercial refrigeration systems market in terms of value (US$ Mn) and volume (‘000 units) by product type and end-use application, and provides insightful information regarding market dynamics, value chain, competitive landscape, current trends, market estimations and forecast. It is observed that customisation holds the key for tier 2 and tier 3 players in order to further penetrate into the market, thus creating a competitive threat for tier 1 suppliers in the market. Meanwhile, key players are strengthening their market positions through both organic and inorganic growth. Also, acquisition of HVAC contractors is leading to the addition of a new customer base for commercial refrigeration systems manufacturers. Variable Frequency Drive (VFD) Market ©2015 Future Market Insights, All Rights Reserved 7
8.
Variable Frequency Drive
(VFD) Market Key market participants covered in the report include Daikin Industries, Ltd., Standex Inter
9.
©2015 Future Market
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