Global Commercial Refrigeration Equipment Market to reach a market size of $47.8 billion by 2025

NEW YORK - Aug. 23, 2019 - PRLog -- According to a new report Global Commercial Refrigeration Equipment Market, published by KBV Research, The Global Commercial Refrigeration Equipment Market size is expected to reach $47.8 billion by 2025, rising at a market growth of 5.6% CAGR during the forecast period.

The Hypermarket & Supermarket market dominated the Global Commercial Refrigeration Equipment Market by Retail Channel 2018, growing at a CAGR of 4.7 % during the forecast period. The Convenience store & Specialty store market is expected to witness a CAGR of 5% during (2019-2025). Additionally, The Others market is expected to witness highest CAGR of 13.5% during (2019-2025).

The North America market dominated the Global Commercial Refrigeration Equipment Food Service Market by Region 2018, growing at a CAGR of 3.3 % during the forecast period. The Europe market is expected to witness a CAGR of 4% during (2019-2025). Additionally, The Asia Pacific market is expected to witness a CAGR of 6.6% during (2019-2025).

The Refrigerators & Freezers market dominated the Global Commercial Refrigeration Equipment Market by Product 2018, growing at a CAGR of 4.5 % during the forecast period. The Transportation Refrigeration Equipment market is expected to witness a CAGR of 4.9% during (2019-2025). The Beverage Refrigeration market is expected to witness a CAGR of 6.7% during (2019-2025). Additionally, The Ice Merchandisers & Ice Vending Equipment market is expected to witness highest CAGR of 9.9% during (2019-2025).

Full Report: https://www.kbvresearch.com/commercial-refrigeration-equipment-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region.

Global Commercial Refrigeration Equipment Market Segmentation

By Product

Refrigerators & Freezers

Transportation Refrigeration Equipment

Beverage Refrigeration

Ice Merchandisers & Ice Vending Equipment

Display Showcases

Others

By Application

Food Service

Food & Beverage Distribution

Food & Beverage Retail

Food & Beverage Production

Others

By Retail Channel

Hypermarket & Supermarket

Convenience store & Specialty store

Others

By Geography

North America

US

Canada

Mexico

Rest of North America

Europe

Germany

UK

France

Russia

Spain

Italy

Rest of Europe

Asia Pacific

China

Japan

India

South Korea

Singapore

Australia

Rest of Asia Pacific

LAMEA

Brazil

Argentina

UAE

Saudi Arabia

South Africa

Nigeria

Rest of LAMEA

Companies Profiled

Welbilt, Inc.

Panasonic Corporation

Standex International Corporation

GEA Group AG

Emerson Electric Co.

Whirlpool Corporation

United Technologies Corporation

Johnson Controls International Plc.

Illinois Tool Works Inc.

The Manitowoc Company, Inc.