NEW YORK, May 30, 2018 /PRNewswire/ — About Commercial Refrigeration Equipment
Commercial refrigeration equipment refers to the different types of refrigerators and freezers that are used by various end-users in the food service industry, such as hotels, restaurants, catering units (includes social caterers, corporate caterers, institutional caterers), and end-users in the retail (supermarket/convenience store) segment.
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Technavio’s analysts forecast the global commercial refrigeration equipment market to grow at a CAGR of 5.49% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global commercial refrigeration equipment market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio’s report, Global Commercial Refrigeration Equipment Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Ali Group
• Hoshizaki
• Illinois Tool Works
• Imbera FoodService
• Standex International Corporation
• Middleby Corporation
Market driver
• Increasing demand for frozen food
• For a full, detailed list, view our report
Market challenge
• Compressor and condensation issues
• For a full, detailed list, view our report
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Market trend
• Increasing M&A to expand capacity
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2022 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?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Read the full report: https://www.reportlinker.com/p05402791
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