Refrigeration effects of evaporative cooling were first demonstrated by William Cullen, a Scottish physician and professor of medicine at the University of Scotland. His popularity stemmed from his innovative teaching methods and progressive thinking.
Analysts forecast the Global Commercial Refrigeration Equipment market to grow at a CAGR of 4.29 percent over the period 2014-2019.
The refrigeration process involves the transfer of heat from one location to another. Its applications include:
- Industrial freezers
- Refrigerators for households
- Air conditioners
Refrigeration equipment comprises the following key components:
- Throttle valves
Commercial refrigeration equipment finds application mainly in the Food and Beverage Retail industry. Refrigeration equipment is extensively used in commercial places such as grocery stores, supermarkets, convenience stores, and specialty food stores to store food. It is also used in the Food Service industry, which includes cafeterias and restaurants. Commercial refrigerators help with the safe storage of dairy products, meat products, poultry, fish, fruits, vegetables, and beverages.
Covered in this Report
This report covers the present scenario and the growth prospects of the Global Commercial Refrigeration Equipment market during the period 2015-2019. To calculate the market size and vendor share, the report considers revenue generated from the sales of commercial refrigeration equipment products and their services.
Global Commercial Refrigeration Equipment Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Global Commercial Refrigeration Equipment market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
- Daikin Industries
- Illinois Tool Works
Other Prominent Vendors
- AHT Cooling Systems
- Air Products and Chemicals
- American Foodservice
- Automatic Products
- Berkshire Hathaway
- Bundy Refrigeration
- Dalian Bingshan Group
- Emerson Electric
- Gateway Mechanical Services
- GEA Group
- Gram Commercial
- Hoshizaki Electric Company
- J&E Hall International
- Johnson Controls
- Kool Star
- Lennox International
- Metalfrio Solutions
- Pace Industrial
- Scotsman Industries
- Thermo Fisher Scientific
- Thermo King
- Vector Industries
- Victory Refrigeration
- Vin Service
- Williams Refrigeration
- Wuhan New World Refrigeration Industrial
- Yantai Moon Group
- Zhejiang Huamei Manufacture Electrical Appliances
- Increased Demand from APAC Region
- High Installation Costs
- Development of Technically Advanced Commercial Refrigeration Equipment
Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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