Commercial refrigeration equipment is typically used for
refrigeration procedure in food and beverage industry. It is used for food
storage and merchandising purposes by the food wholesale industry, such as
supermarkets, specialty food stores, grocery stores, and convenience stores.
The global commercial and industrial refrigeration equipment
market was valued $70 billion in 2017. Among regional markets, Western Europe
was the largest geographic region accounting for almost two-fifth of the global
market share. The market saw a growth due to high demand for general purpose
machinery such as pumps, compressors, elevators, metros, and packaging
machinery. Coupled with this, the market also grew due to global investments in
agriculture, construction, and power generation industries.
The commercial and industrial refrigeration equipment is
split into: display
showcases, beverage refrigeration, transportation refrigeration equipment,
refrigerators & freezers, parts and others.
The USA was the largest country in the market, accounting
for one-sixth of the global commercial and industrial refrigeration equipment
market share.
The top five competitors in the market are: Dover Corporation,
Daikin Industries Ltd, Ingersoll Rand Plc, United Technologies Corporation
(Carrier) and Emerson Electric Co. Dover Corporation is an American
conglomerate manufacturer of industrial products. Founded in 1955 in New York
City, Dover is now based in Downers Grove, Illinois, and employs more than
26,000 people worldwide. Dover's business is divided into four segments: energy,
engineered systems, fluids, and refrigeration & food equipment.
About The Business Research Company.
The Business Research Company is a Business Intelligence
Company which excels in company, market and consumer research. It has offices
in the UK, the US and India and a network of trained researchers in 15
countries globally.
Contact Information.
The
Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Commercial refrigeration installation companies have trained and licensed workers that adhere to every code.
ReplyDelete