Refrigeration
is the process of transferring the heat from one location to another.
In this case the heat is taken from the foods and other edible items
and transferred out from the refrigeration units. The commercial
refrigeration equipments are primarily used in the hospitality
industry. The changing lifestyle and increase in number of hotels and
restaurants is fuelling the market for growth. The commercial
refrigeration equipments are generally segmented by the types of
equipments. Continuous technological advancement in refrigeration
systems is owing to the growth of this market.
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Food Service Equipment Market Report with Full TOC at
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The
food service equipment (commercial refrigeration) market is
considered to be volatile as a result of the fluctuation in the
trends of various equipments and application markets across the
globe. The rise in number of hotels and restaurants across the globe
is owing to the growth in food service equipment (commercial
refrigeration) market. In addition, the changing lifestyle of the
working population is also ensuring the demand for ready to cook
food. This is resulting in the rise of retail outlets and
supermarkets leading to the demand for commercial refrigeration
equipment. Moreover, commercial refrigeration equipment also find
their application in hospitals to preserve medicines and vaccines.
Acceptance
of high end technologies and the expansion of hospitality industry
across various geographic locations is creating new opportunities for
the food service equipment (commercial refrigeration) manufacturers
globally. However, the high initial investment is acting as a
restraint for the market. Regionally, North America has the highest
penetration rate for food service equipment (commercial
refrigeration) as they are the early adapters of latest technology.
This
report covers the global food service equipment (commercial
refrigeration) market along with their performance in regions such as
North America, East Europe, South West Europe, North West Europe,
Central Europe, Asia Pacific and Russia among others. The report
provides in-depth analysis for each region along with market
estimates and forecast from 2013 to 2020 in terms of revenues and
volumes.
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This
market research study analyzes the food service equipment (commercial
refrigeration) market globally, and provides estimates in terms of
revenue (USD million) and volume (thousand units) from 2014 to 2020.
In addition, the drivers and the restraints that are affecting the
industry have been recognized. Furthermore, they have been analyzed
to understand their impact over the forecast period. Moreover, it
identifies the significant opportunities for market growth in the
coming years.
By
region, the market has been divided into North America, Latin
America, East (Europe), South West (Europe), North West (Europe),
Central (Europe), Asia-Pacific (APAC), Russia, China, India, Turkey &
Middle East and Africa and these have been estimated in terms of
revenue (USD billion) and volume (thousand units). In addition, the
report segments the market based on the equipment type, which include
ice machines, refrigerated vending machines, beverage dispensers,
glass door merchandisers (GDMs), commercial fridges/freezers, blast
freezers, ice cream machines, ice cream cabinets, and walk ins among
others.
In
order to have a better understanding of the food service equipment
(commercial refrigeration) market, a detailed value chain has been
provided. In addition, the Porter’s five forces affecting the
market have been identified. Furthermore, the study also includes the
market attractiveness analysis where the applications have been
benchmarked based on the growth rate, scope and attractiveness in
general.
The
report provides company market share analysis of various industry
participants. The key players have also been profiled on the basis of
company overview, financial overview, business strategies, and the
recent developments in the field of food service equipments
(commercial refrigeration). Major market participants profiled in
this report include .Ali Group, Meiko, Hobart Corporation, Manitowoc
Company Inc., Hoshizaki Electric Co., Ltd. Cambro Manufacturing
Company Inc. and Dover Corporation among others.
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Food
Service Equipment (Commercial Refrigeration) Market: By geography
- North America
- Latin America (LAM)
- East (Europe)
- South West (Europe)
- North West (Europe)
- Central Europe
- Asia Pacific
- Russia
- China
- India
- Turkey & MEA (Middle East and Africa)
Food
Service Equipment (Commercial Refrigeration) Market: By product type
- Ice machines
- Refrigerated vending machines
- Beverage dispensers
- Glass Door Merchandisers (GDMs)
- Commercial fridges/freezers
- Blast freezers
- Ice cream machines
- Ice cream cabinets
- Walk ins
- Others
The
report provides a cross-sectional analysis of all the above segments
with respect to the following regions:
- North America
- Latin America (LAM)
- East (Europe)
- South West (Europe)
- North West (Europe)
- Central Europe
- Asia Pacific
- Russia
- China
- India
- Turkey & MEA (Middle East and Africa)
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