North America commercial refrigeration system market size, demand & opportunity analysis outlook 2021

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North America Commercial Refrigeration System Market Outlook:

Industry Insights & Opportunity Evaluation,

2015-2021


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North America Commercial Refrigeration System

Market Overview

Commercial refrigeration system is generally used to

prevent the spillage of food and beverage stuffs and keep

them fresh for longer duration. It is used where the

temperature is sustained at a level much below than that

of its surrounds. They are usually used in supermarkets,

food & beverage manufacture centers, stores, and

distribution centers.

The global commercial refrigeration system market is

segmented on the basis of region such as North America,

Europe, Asia pacific, Middle East and North Africa and

rest of the world. The global commercial refrigeration

system market is expected to grow at compound annual

growth rate (CAGR) of 6.8% over the forecasted period i.e.

2015-2021.

Market Segmentation

By Application

On the basis of Application, the Commercial Refrigeration

System is segmented into:

Foodservice

Food and beverage production


Food and beverage retail

Food and beverage

By Refrigerant Types

On the basis of Refrigerant Types, the Commercial

Refrigeration System is segmented into:

Arehydro Chlorofluorocarbon (HCFC)

Hydro Fluorocarbon (HFC)

Hydrocarbon (HC)

By Product Type

On the basis of Product Type, the Commercial

Refrigeration System is segmented into:

Beverage Refrigeration

Freezers & Refrigerators

Transportation Refrigeration


Growth Drivers and challenges

Rising demand for frozen and chilled products,

technological improvements in commercial refrigeration

systems, development of cold chain facility and

government allowances for energy-efficient products are

the main growth drivers of the commercial refrigeration

system market over the forecasted period i.e. 2015-2021.

Intensifying fuel prices, the Montreal and Kyoto protocol

(Substances that Deplete the Ozone Layer) and some

existing energy inefficient products are some major

challenges faced by the industry in the upcoming years.

Market Size and Forecast

North America is the leading commercial refrigeration

system market in terms of revenue share. In North

America region the U.S is the dominating market for

commercial refrigeration system. The market was

projected at USD 5.72 Billion in 2015, and it is estimated

to upsurge at 3.1% CAGR for the forecasted period i.e.

2015-2021.

U.S. commercial refrigeration system market is likely to be

driven by development in the food and service industry

and changing consumer preferences for food.


Key Players

ENTEC services, inc.

Dover Corporation

Heatcraft Worldwide Refrigeration

Anthony International

Heat transfer product group

Blissfield manufacturing company

Scope and Context

Overview of the Parent Market

Analyst View

Market Size and Growth

• North America (U.S., Canada)

• Latin America (Mexico, Brazil, Rest of Latin America)

• Western and Eastern Europe (Germany, Italy, Spain,

France, U.K, Benelux, Hungary, Rest Of Western Europe,

Russia Poland, Rest of Eastern Europe)

• Asia-Pacific (China, India, Singapore, Japan, Australia

& New Zealand & Rest of Asia)

• Rest of World

Segmentation

• By Application


• By Refrigerant Types

• By Product Type

Market Dynamics

Supply & Demand Risk

Competitive Landscape

Porter’s Five Force Model

Geographical Economic Activity

Key Players (respective SWOT Analysis) and their

Strategies and Product Portfolio

Recent Trends and Developments

Industry Growth Drivers and Challenges

Key Information for Players to establish themselves in

current dynamic environment


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