The global commercial refrigeration equipment market continues to grow due to the high demand for safe quality food and frozen food among consumers
Global Commercial Refrigeration Equipment Market 2021 Refers to the various devices used to store food, drink and other products for long periods of time. These types of devices include ice makers, dishwashers, refrigerators, food processors, and dehumidifiers. They are generally rented by the day or by the hour. In the United States, the major manufacturers of commercial refrigeration equipment are Bosch, Frigidaire, Kenmore, LG, Whirlpool, Master Craft, Trane and Kenwick.
There are many other manufacturers of commercial refrigeration equipment that can be found in various places around the world. The most common type of commercial refrigeration equipment is the drop temperature application, which has many advantages over other types. First, they offer high reliability with high energy efficiency. In addition, they are more practical because there is no need for a hot water tank, as is the case with a water heater system. The main advantage of setback temperature application is that it offers a wide temperature range and constant temperature level. This is especially important in restaurants and factories, where the products they sell are most likely to experience temperature changes during the day.
With the increasing demand for frozen food among consumers, the demand in the global commercial refrigeration equipment market is also increasing. For example, in 2019, the global frozen food industry generated sales of approximately US $ 291.3 billion. Moreover, the increasing sales of various other packaged foods which need to be stored at the correct temperature is also increasing the growth of the global commercial refrigeration equipment market.
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popular type that offers a wide temperature range. These devices also have the ability to control the air flow to release hot water or steam. A vertical line refrigerator is more energy efficient than a bottom-loading refrigerator, which also offers several design improvements, such as wider door openings and a reversible cooling fan. However, strict environmental regulations against the use of fluorocarbon refrigerants pose a threat to the development of the global refrigeration equipment market.
Due to developing economies and increasing disposable income in the region, Asia-Pacific is experiencing increasing demand in the refrigeration equipment market. For example, according to Trading Economics, in 2019, India’s approximate disposable income was over US $ 2 million. Due to all these factors, the global refrigeration equipment market has witnessed some key industrial developments. For example, in January 2020, HOSHIZAKI Corporation introduced commercial static cooling refrigerators in India.
Frequently Asked Questions (FAQ):
Is the commercial refrigeration equipment market booming in the near future?
Yes, the market will explode in the near future
Who are the major players in the commercial refrigeration equipment market across the world? Can I add a specific company?
Yes, You can add Specific Companies up to 3 companies.
The companies covered in this study include United Technologies Corporation, Ingersoll-Rand plc, Johnson Controls Incorporated, Daikin Industries Limited, Dover Corporation, Hussmann Corporation, AHT Cooling Systems GmbH, Ali SpA, Illinois Tool Works Incorporated, Emerson Electric Company, Leer Incorporated, True Manufacturing Company Incorporated and Whirlpool Société ,
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What geographic segmentation is covered in the market report?
- North America
- Asia Pacific
- Latin America
- Middle East
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