Commercial Refrigeration Equipment Market Worth $45.45 Billion by 2023 - Exclusive Report by MarketsandMarkets™
Retrieved on:
Friday, October 5, 2018
According to the new market research report " Commercial Refrigeration Equipment Market by Product Type, Refrigerant Type (Fluorocarbons, Hydrocarbons, Inorganics) Application (Hotels & Restaurants, Supermarkets & Hypermarkets), and Region (Europe, APAC, North America) - Global Forecast to 2023", published by MarketsandMarkets, the global Commercial Refrigeration Equipment Market is projected to grow from USD 33.58 billion in 2018 to USD 45.45 billion by 2023, at a CAGR of 6.2% from 2018 to 2023.
Key Points:
- According to the new market research report " Commercial Refrigeration Equipment Market by Product Type, Refrigerant Type (Fluorocarbons, Hydrocarbons, Inorganics) Application (Hotels & Restaurants, Supermarkets & Hypermarkets), and Region (Europe, APAC, North America) - Global Forecast to 2023", published by MarketsandMarkets, the global Commercial Refrigeration Equipment Market is projected to grow from USD 33.58 billion in 2018 to USD 45.45 billion by 2023, at a CAGR of 6.2% from 2018 to 2023.
- Improving consumer lifestyles and flourishing food and healthcare industries, growing cold chain market, and increasing use of advanced technologies, for instance, magnetic refrigeration, are opportunities for the growth of the Commercial Refrigeration Equipment Market.
- https://www.marketsandmarkets.com/speaktoanalyst.asp?id=32445265
In terms of product type, the transportation refrigeration segment, is estimated to account for the largest share of the Commercial Refrigeration Equipment Market in 2018. - In terms of product type, the transportation refrigeration segment, is estimated to account for the largest share of the Commercial Refrigeration Equipment Market in 2018.