Commercial Refrigeration Market Analysis, Trends, and Scope 2023 to 2030
Commercial Refrigeration Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 28.8 Billion |
Market Size by 2030 | US$ 49 Billion |
Global CAGR (2022 - 2030) | 6.9% |
Historical Data | 2020-2021 |
Forecast period | 2023-2030 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Commercial Refrigeration Market News and Recent Developments
The Commercial Refrigeration market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the Commercial Refrigeration market are listed below:
- Hoshizaki Corporation expanded its global production footprint by investing in one of Latin America's leading commercial refrigeration manufacturers. The Japanese company paid US$ 28 million for an initial 25% investment in Fogel Company in a deal arranged through its US subsidiary. It wants to grow its investment over the next three years until it has a 51% stake in the company, mirroring the strategy it used when purchasing European manufacturer Ozti before. (Source: Hoshizaki Corp, Press Release, February 2024)
- Liebherr USA, Co., Refrigerators and Freezers is proud to announce a new partnership with So-Low Environmental Equipment Co., a leading manufacturer and distributor of scientific and health care cold storage equipment. The collaboration promises to promote growth within the United States while increasing Liebherr’s presence in the medical research, storage, and scientific healthcare markets. Through this alliance, Liebherr Scientific Laboratory products will complement and strengthen the So-Low product portfolio, providing a premium offering to customers. (Source: Liebherr USA Co, Press Release, July 2022)
Commercial Refrigeration Market Report Coverage and Deliverables
The “Commercial Refrigeration Market Size and Forecast (2020–2030)” report provides a detailed analysis of the market covering below areas:
- Commercial refrigeration market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Commercial refrigeration market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Commercial refrigeration market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the commercial refrigeration market
- Detailed company profiles