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http://www.transparencymarketresearch.com/europe-commercial-refrigeration-equipment-market.html
The market overview section of the report emphasizes on the market
dynamics and trends, which include the drivers, restraints and
opportunities and influence the current nature and future growth of
the market. The detailed porter’s five forces analysis helps the
market competitors to formulate their business strategies at every
stage of their business. Moreover, the market estimates have been
analyzed by keeping in mind the several factors which affect the
market including but not limited to technological, economical,
social, environmental and legal. Impact factors such as market
attractiveness analysis has also been explained in this section of
the report, in order to give a thorough analysis of the overall
competitive scenario in the European commercial refrigeration market.
The emergence of new retail networks and expansion of existing stores
which include hotels, cafes, and supermarkets in Europe has led to
increase in number of people who dine out and purchase frozen food
items. This increased trade of frozen food items has led to surge in
demand for refrigeration equipment across the commercial sector.
Moreover, use of refrigeration equipment in horticulture, processes,
and sea food exports across the globe are some of the key factors
supporting the growth of this market.
However, after the European debt crisis and economic slump, expansion
of retail sector
and investment in new outlets has provided necessary momentum leading
to revival of the commercial refrigeration equipment market growth.
Thus, demand for both new products as well as replacement of obsolete
products is identified as two different types of demand trends, which
are expected to support the market growth during the forecast period.
Furthermore, solar powered commercial refrigeration systems (CRS)
which plays a vital part in avoiding energy crisis opens up new
avenues for exploration. Remote monitored commercial equipment which
offers benefits such monitoring the system 24/7 for alerts such
refrigerant leak detection, high liquid levels and high system
pressure help to reduce energy consumption, maintenance and overall
operating cost. Owing to these advantages remote-monitored commercial
refrigeration equipment along with solar powered CRS are seen as high
potential markets in the long run.
The Europe commercial refrigeration equipment market, based on the
type of product, is segmented in to transportation refrigeration
equipment, refrigerators & freezers, beverage refrigeration,
other equipment, and parts. These different product types find their
applications in food service, food & beverage retail, food &
beverage distribution, unorganized (Mom n pop stores), food &
beverage production, and other applications. In terms of geographical
distribution, the European commercial refrigeration market has been
classified into countries such as United Kingdom, Germany, Italy,
France, Scandinavia, and rest of Europe This section includes market
estimates and forecast for the commercial refrigeration equipment
market for each segment in terms of USD million.
Major players have been profiled with focus on competitive details
such as company and financial overview, business strategies, and
their recent developments. The players are focused on developing
refrigeration equipment which will help in reducing greenhouse gas
(GHG) emission and minimizing energy consumption. Thus, manufacturers
are switching to green refrigerants such as CO2, ammonia and water
vapor for development of commercial refrigeration equipment. Some of
the market participants profiled in this report include Viessmann
Group (Norpe Group), Frigoglass, ISA s.r.l., Hoshizaki International,
Inc., Hussmann Corporation (Clayton, Dubilier & Rice, LLC), York
(Johnson Controls), Metalfrio Solutions, Inc., Interlevin
Refrigeration Ltd, Epta S.p.a., Hubbard Products Ltd., Ingersoll Rand
Plc, Dover Corporation (Hill Phoenix), Carrier (UTC), and Illinois
Tool Works Inc. among others.
The report analyzes the Europe commercial refrigeration equipment
market in terms of revenue (USD million) and volume (thousand units)
for each segment for the period 2011 to 2019, along with the CAGR for
the forecast period: 2013 to 2019.
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