A new Report by Delvens, titled "Commercial Refrigeration Equipment Market” offers a comprehensive analysis of the industry, which comprises insights on the Global analysis. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The global commercial refrigeration equipment market size was valued at USD 33.53 billion in 2020. It is expected to expand at a compound annual growth rate (CAGR) of 4.2% to 2028.
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Refrigeration system consists of several equipment’s like compressor, condenser, evaporator, expansion devices etc. A refrigerant compressor is a machine used to compress the refrigerant from the evaporator and to raise its pressure so that the corresponding temperature is higher than that of the cooling medium.
The rapid expansion of the tourism and hospitality sector and the growing preference of end-customers to takeaway meals are some of the factors that have supported long-term expansion for Commercial Refrigeration Equipment Market.
Recent Developments
In July 2021, BITZER has launched gas coolers for carbon dioxide (CO2) applications in commercial and light industry refrigeration. These coolers provide resistance to pressure and thermal efficiency. They offer advantage for systems with medium or large capacity of more than 250 kW
In May 2021, Danfoss launches multi-refrigerant, A2L-ready condensing units for ultra-low GWP installations. It comes with high energy efficiency and reduces consumption of energy and indirect emissions.
Key Players
· Dover Corporation
· DAIKIN Industries, Ltd.
· Carrier; AB Electrolux
· Ali S.p.A and More
Reasons to Acquire
· Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
· Gain authentic and granular data access for Commercial Refrigeration Equipment Market so as to understand the trends and the factors involved behind changing market situations
· Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
· In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
Access Full Report: https://www.delvens.com/report/commercial-refrigeration-equipment-market
In addition to the market data for Commercial Refrigeration Equipment Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement.
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