Commercial Refrigeration Equipment Market to reach USD 15.13 Billion-2021-2025|17000+ Technavio Research Reports

NEW YORK, April 13, 2021 /PRNewswire/ --

The commercial refrigeration equipment market is expected to grow by USD 15.13 billion during 2021-2025, according to Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the commercial refrigeration equipment market in optimistic, probable, and pessimistic forecast scenarios.

Enterprises will go through the Response, Recovery, and Renew phases.
Download a Free Sample Report on COVID-19

The commercial refrigeration equipment market will witness a neutral impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio's pandemic-focused market research, market growth is likely to increase in 2021 as compared to 2020.

With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renewal phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis towards the Next Normal.

This post-pandemic business planning research will aid clients to:

• Adjust their strategic planning to move ahead once business stability kicks in.
• Build resilience by making effective resource and investment choices for individual business units, products, and service lines.
• Conceptualize scenario-based planning to mitigate future crisis situations.

Download the Post-Pandemic Business Planning Structure

Key Considerations for Market Forecast:

• Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior.
• Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds.
• Pre- as well as post-COVID-19 market estimates.
• Quarterly impact analysis and updates on market estimates.

Major Three Commercial Refrigeration Equipment Market Participants:
AB Electrolux
AB Electrolux operates business through various segments such as Europe, North America, Latin America, and Asia-Pacific, Middle East, and Africa. The company offers ecostore, a range of class A compatible refrigerated cabinets.

Ali Group Srl
Ali Group Srl operates through various segments such as Cooking, Bakery, Meal Delivery, Preparation, and Storage Solutions, Refrigeration, Washing and Waste Management, Ice Cream and Beverage Dispense, Ice Makers, Coffee Machines, and Contract, Distribution & Service. The company offers commercial refrigeration equipment through its product segments such as hiber, Polaris, and Tecnomac among others.

Daikin Industries Ltd.
Daikin Industries Ltd. operates business through various segments such as Air conditioning, Chemicals, and Oil hydraulics. The company offers a line of products such as stationery refrigeration, transport refrigeration, and industrial refrigeration among others.

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE! Get a report snapshot here to get a detailed market share analysis of market participants during COVID-19 lockdown: 
More Details: https://www.technavio.com/report/commercial-refrigeration-equipment-market-industry-analysis

Commercial Refrigeration Equipment Market 2021-2025: Segmentation

The commercial refrigeration equipment market is segmented as below:

• Product
• Walk-in Coolers
• Display Cases
• Refrigerator for Drinks
• Ice-making Machines
• Others
• End-user
• Retail
• Restaurants
• Hotels
• Catering Units
• Geography
• APAC
• Europe
• North America
• MEA
• South America

The commercial refrigeration equipment market is driven by the need to increase the storage life of food products. In addition, the growing demand for energy-efficient models of commercial refrigeration equipment is expected to trigger the commercial refrigeration equipment market toward witnessing a decelerating CAGR of almost 8% during the forecast period.

Get more insights about the global trends impacting the future of commercial refrigeration equipment market, Request Free Sample @
https://www.technavio.com/talk-to-us?report=IRTNTR40420

Related Report on Industrials Include:
Global Microbrewery Equipment Market- The microbrewery equipment market is segmented by type (fermentation systems, mashing systems, cooling systems, filtering systems, and others) and geography (North America, Europe, APAC, South America, and MEA).
To get extensive research insights: Download FREE Sample Report

Global Ultrasonic Cleaning Equipment Market- The ultrasonic cleaning equipment market is segmented by product (multistage, benchtop, and standalone), end-user (electrical and electronics, healthcare, automotive, aerospace and defense, and others), and geography (APAC, North America, Europe, MEA, and South America).
To get extensive research insights: Download FREE Sample Report

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Competitive scenario

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
Report Page: https://www.technavio.com/report/commercial-refrigeration-equipment-market-industry-analysis

SOURCE Technavio

Related Links

http://www.technavio.com/