North America, Europe and China commercial refrigeration equipment market is expected to reach USD 28,994.30 million by 2030 from USD 21,167.09 million in 2022, growing at a CAGR of 4.2% during the forecast period of 2023 to 2030.
Market Segmentation
North America, Europe and China Commercial Refrigeration Equipment Market, By Product Type (Blast Chillers, Refrigerator & Freezer, Transportation Refrigeration, Refrigerated Display Case, Self-Contained, Remotely Operated, Beverage Refrigeration, Ice Cream Merchandiser, and Refrigerated Vending Machine), Refrigerant Type (Hydrocarbons, Fluorocarbons, and Inorganics), End-User (Supermarkets & Hypermarkets, Convenience Stores, Hotels & Restaurants, Bakeries, and Catering Services), Country (U.S., Canada, Germany, U.K., Italy, France, Spain, Switzerland, Russia, Turkey, Belgium, Netherlands, Rest of Europe, and China) - Industry Trends and Forecast to 2030
Some of the major factors contributing to the growth of North America, Europe and China commercial refrigeration equipment market:
Drivers
Rise in consumption of convenience food items
Growing food retails and cold chain logistics
Restraint
Requirement of extensive investments
Opportunity
Growing e-commerce and online retail sector
Market Players:
Some of the key players operating in the North America, Europe and China commercial refrigeration equipment market are:
Carrier
DAIKIN INDUSTRIES
Metalfrio Solutions
Electrolux Professional Group
Saba Corp
Whirlpool
True Manufacturing Co., Inc
COOLPLUS COMMERCIAL REFRIGERATION & KITCHEN EQUIPMENT COMPANY LIMITED
Excellence Industries
Minus Forty
Hussmann Corporation
Zero-zone
VICTORY REFRIGERATION
Heatcraft Worldwide Refrigeration
DukersUSA
TABLE OF CONTENTS
1 INTRODUCTION 9
1.1 OBJECTIVES OF THE STUDY 9
1.2 MARKET DEFINITION 9
1.3 OVERVIEW 9
1.4 LIMITATIONS 10
1.5 MARKETS COVERED 10
2 MARKET SEGMENTATION 12
2.1 MARKETS COVERED 12
2.2 GEOGRAPHICAL SCOPE 13
2.3 YEARS CONSIDERED FOR THE STUDY 14
2.4 CURRENCY AND PRICING 14
2.5 DBMR TRIPOD DATA VALIDATION MODEL 15
2.6 MULTIVARIATE MODELING 19
2.7 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 20
2.8 DBMR MARKET POSITION GRID 22
2.9 MARKET END-USER COVERAGE GRID 23
2.10 DBMR VENDOR SHARE ANALYSIS 24
2.11 SECONDARY SOURCES 25
2.12 ASSUMPTIONS 26
3 EXECUTIVE SUMMARY 27
4 PREMIUM INSIGHTS 30
5 MARKET OVERVIEW 33
5.1 DRIVERS 35
5.1.1 RISE IN CONSUMPTION OF CONVENIENCE FOOD ITEMS 35
5.1.2 GROWING FOOD RETAIL AND COLD CHAIN LOGISTICS 35
5.1.3 GROWING E-COMMERCE AND ONLINE RETAIL SECTOR 36
5.2 RESTRAINT 37
5.2.1 EXTENSIVE INVOLVEMENT OF COST 37
5.3 OPPORTUNITIES 38
5.3.1 TECHNOLOGICAL ADVANCEMENTS IN COMPRESSOR AND COOLING TECHNOLOGIES 38
5.3.2 LEVERAGING TECHNOLOGICAL ADVANCEMENT AND SMART AI INTEGRATION 38
5.4 CHALLENGE 39
5.4.1 CHALLENGES FACED DURING THE MANUFACTURING PROCESS 39
6 NORTH AMERICA, EUROPE AND CHINA COMMERCIAL REFRIGERATION EQUIPMENT MARKET BY REGION 40
6.1 OVERVIEW 40
6.2 EUROPE 41
6.3 NORTH AMERICA 42
7 NORTH AMERICA, EUROPE AND CHINA COMMERCIAL REFRIGERATION EQUIPMENT MARKET: COMPANY LANDSCAPE 43
7.1 COMPANY SHARE ANALYSIS: OVERALL 43
7.2 COMPANY SHARE ANALYSIS: EUROPE 44
7.3 COMPANY SHARE ANALYSIS: NORTH AMERICA 45
7.4 COMPANY SHARE ANALYSIS: CHINA 46
8 SWOT ANALYSIS 47
9 COMPANY PROFILES 48
9.1 WHIRLPOOL CORPORATION 48
9.1.1 COMPANY SNAPSHOT 48
9.1.2 REVENUE ANALYSIS 48
9.1.3 PRODUCT PORTFOLIO 49
9.1.4 RECENT DEVELOPMENT 50
9.2 DAIKIN INDUSTRIES, LTD. 51
9.2.1 COMPANY SNAPSHOT 51
9.2.2 REVENUE ANALYSIS 51
9.2.3 PRODUCT PORTFOLIO 52
9.2.4 RECENT DEVELOPMENTS 52
9.3 ELECTROLUX PROFESSIONAL GROUP 53
9.3.1 COMPANY SNAPSHOT 53
9.3.2 REVENUE ANALYSIS 53
9.3.3 PRODUCT PORTFOLIO 54
9.3.4 RECENT DEVELOPMENT 54
9.4 CARRIER(2022) 55
9.4.1 COMPANY SNAPSHOT 55
9.4.2 REVENUE ANALYSIS 55
9.4.3 PRODUCT PORTFOLIO 56
9.4.4 RECENT DEVELOPMENTS 56
9.5 METALFRIO 57
9.5.1 COMPANY SNAPSHOT 57
9.5.2 REVENUE ANALYSIS 57
9.5.3 PRODUCT PORTFOLIO 58
9.5.4 RECENT DEVELOPMENT 59
9.6 COOLPLUS COMMERCIAL REFRIGERATION & KITCHEN EQUIPMENT COMPANY LIMITED 60
9.6.1 COMPANY SNAPSHOT 60
9.7 DUKERS APPLIANCE CO., USA LTD. 62
9.7.1 COMPANY SNAPSHOT 62
9.7.2 PRODUCT PORTFOLIO 62
9.7.3 RECENT DEVELOPMENT 66
9.8 EXCELLENCE INDUSTRIES 67
9.8.1 COMPANY SNAPSHOT 67
9.8.2 PRODUCT PORTFOLIO 67
9.8.3 RECENT DEVELOPMENT 68
9.9 HEATCRAFT WORLDWIDE REFRIGERATION 69
9.9.1 COMPANY SNAPSHOT 69
9.9.2 PRODUCT PORTFOLIO 69
9.9.3 RECENT DEVELOPMENT 70
9.10 HUSSMANN CORPORATION (A SUBSIDIARY OF PANASONIC HOLDINGS CORPORATION) (A SUBSIDIARY OF PANASONIC HOLDINGS CORPORATION) 71
9.10.1 COMPANY SNAPSHOT 71
9.10.2 REVENUE ANALYSIS 71
9.10.3 PRODUCT PORTFOLIO 72
9.10.4 RECENT DEVELOPMENT 72
9.11 MINUS FORTY 74
9.11.1 COMPANY SNAPSHOT 74
9.11.2 PRODUCT PORTFOLIO 74
9.11.3 RECENT DEVELOPMENT 75
9.12 SABA CORP. 76
9.12.1 COMPANY SNAPSHOT 76
9.12.2 PRODUCT PORTFOLIO 76
9.12.3 RECENT DEVELOPMENT 77
9.13 TRUE MANUFACTURING CO., INC. 78
9.13.1 COMPANY SNAPSHOT 78
9.13.2 PRODUCT PORTFOLIO 78
9.13.3 RECENT DEVELOPMENT 79
9.14 VICTORY REFRIGERATION 80
9.14.1 COMPANY SNAPSHOT 80
9.14.2 PRODUCT PORTFOLIO 80
9.14.3 RECENT DEVELOPMENT 83
9.15 ZERO ZONE, INC. 84
9.15.1 COMPANY SNAPSHOT 84
9.15.2 PRODUCT PORTFOLIO 84
9.15.3 RECENT DEVELOPMENT 84
10 QUESTIONNAIRE 85
11 RELATED REPORTS 88