Albany NY (April 12, 2013) (CULRAV.ORG) -
According to a new market report published by Transparency Market Research “Commercial Refrigeration Equipment Market – Global Industry Size, Market Share, Trends, Analysis and Forecast, 2012 – 2018,” the global commercial refrigeration equipment market accounted to USD 29.1 billion in 2012 and is expected to reachUSD 46.6 billion in 2018, growing at a CAGR of about 8.2% from 2012 to 2018. In the overall global market, Asia Pacific leads the commercial refrigeration equipment market in terms of revenue with 34.1% market share, followed by the North America.
Browse the full report at http://www.transparencymarketresearch.com/commercial-refrigeration-equipment-market.html
The commercial refrigeration equipment market is driven by various factors including continuous evolving technology, changing food consumption trends, rising international food trade, emergence of supermarkets and fast food chains, rise in horticulture, and sea-food and processed food exports across the globe. However, some of the key restraints for the commercial refrigeration equipment market include less energy-efficient commercial refrigeration equipments, the Montreal and Kyotoprotocol and increasing fuel cost.
Currently, the transportation refrigeration segment retains the maximum share of 18.8% with revenue of USD 5.4 billion owing to the rise in international food trade across the globe. The transportation refrigeration segment is expected to attain revenue ofUSD 10.2 billion in 2018 at a CAGR of 11.1% from 2012 to 2018. The transportation refrigeration segment is followed by refrigerators and freezers segment, which is estimated to be USD 5.1 billion in 2012.
In the overall application market, the food service sector currently retains the maximum share of 32.0% with revenue of USD 9.3 billion, which is estimated to reach USD 16.1 billion in 2018. The food, beverage and distribution application market is estimated to attain revenue of USD 10.2 billion in 2018, growing at a CAGR of about 9.8% from 2012 – 2018.
Some of the major players leading the market include Daikin Industries Ltd., Carrier, Dover, ITW, and Hussmann. Through continuous innovation and development these players continue to dominate the commercial refrigeration equipment market.
This research is specially designed to estimate and analyze the demand for commercial refrigeration equipments in the global scenario.
Related Report :
Baby Care Products Market – Global Industry Analysis, Size, Share, Growth and Forecast 2007 – 2017
This report is an effort to identify factors, which will be the driving force behind the baby care market and sub-markets in the next few years.The report provides extensive analysis of the baby care industry, current market trends, industry drivers and challenges for better understanding of the babycare market structure. The report has segregated the baby care industry in terms of products and geography. We have used a combination of primary and secondary research to arrive at the market estimates, market shares and trends. We have adopted bottom up model to derive market size of the global baby care market and further validated numbers with the key market participants and C-level executives.This research is specially designed to estimate and analyze the demand and performance of baby care products in global scenario. This research provides in-depth analysis of baby care product manufacturers, product sales, trend analysis by segments, and demand by geography. The report covers all the major product segments of the global baby care market and provides in-depth analysis, historical data and statistically refined forecast for the segments covered.
90 Sate Street, Suite 700
Albany, NY 12207
USA – Canada Toll Free: 866-552-3453