Machinery
Global Commercial Refrigeration Equipment Market Opportunities and Forecast 2020-2027
  • DLR2026
  • 12 October, 2021
  • Machinery & Equipment
  • Pages: 120
  • Global
Global Commercial Refrigeration Equipment Market, By Product Type (Refrigerator & Freezer, Transportation Refrigeration, Refrigerated Display Cases, Beverage Refrigeration, Ice Cream Merchandiser, Refrigerated Vending Machine), By Refrigerant Type (Fluorocarbons, Hydrocarbons, Inorganics), By Application (Hotels & Restaurants, Supermarkets & Hypermarkets, Convenience Stores, Bakeries), and opportunities and forecast 2020-2027

Commercial Refrigeration Equipment Market Overview

Commercial refrigeration equipment refers to the cold storage equipment used in commercial settings. Examples include the reach-in refrigerators and freezers found in supermarkets, specialty food stores, convenience stores, and grocery stores. The walk-in refrigerators and freezers found in restaurant equipment and cafeterias would also be considered commercial refrigeration equipment.
 
The food processing sector needs equipment and solutions to produce, process, and distribute food to billions of households across the globe. This sector has become gradually important as the world’s population is on the rise, and dietary preferences are evolving, reflecting higher incomes and a shift to value-added products. This is the most valuable factor that steadily contributes to the growth of the global Commercial Refrigeration Equipment market.   
 
Furthermore, the global demand for fresh and processed fruits and vegetables is growing owing to the varying food consumption habits of the urban population. The increase in disposable incomes in developing countries has led to a rise in demand for fresh and processed fruits and vegetables. Again, frozen food products are gradually becoming an important part of daily diet across the world. This key factor further escalates the demand for Commercial Refrigeration Equipment, which in turn, propels the growth of the market to a large extend.  
 
Additionally, rapid urbanization in developing countries and increasing living standards are enhancing the demand for processed and packaged food, thus leading to higher commercial refrigeration equipment sales, which is anticipated to boost the growth of the Commercial Refrigeration Equipment market during the forecast period.
 
Fluorocarbon refrigerants adversely affect the ozone layer. Concerning this, governments of many countries across the world are imposing regulations to limit the use of fluorocarbon refrigerants. They have agreed to phase out the use of HCFCs and HFCs by imposing limits on their consumption. Hence, the stringent regulations against the use of fluorocarbon refrigerants are expected to restrain the growth of the global Commercial Refrigeration Equipment market.

Report Metric Details
Market size available for years 2019–2027
Base year considered 2019
Forecast period 2020–2027
Forecast unit Value (USD Million)
Segments covered Product Type, Refrigerant Type, Application and Region
Regions covered North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA)
Companies covered Carrier, Emerson Electric Company, Daikin, Danfoss, GEA Group, AB Electrolux, Ali S.p.A., Dover Corporation


Covid-19 Impact on Commercial Refrigeration Equipment Market

Consumers across the globe are adjusting to the new normal and there is a noteworthy discrepancy in consumer behavior. Consumer's purchasing habits, behavior, and attitudes have changed in light of COVID-19. People are shopping very consciously and are majorly centered on basic needs and are buying locally. Consumers are using digital commerce to play, learn, and connect to manage isolation and follow social distancing policy. The covid-19 has consistently impacted the shopping behavior of 9 in 10 consumers. Nearly 30-50 percent of the consumers have shifted towards online shopping from March 2020 to December 2020.

Commercial Refrigeration Equipment Market Segment Overview



Based on Refrigerant Type, the Fluorocarbons segment is anticipated to lead the Commercial Refrigeration Equipments market during the forecast period. Fluorocarbons are chemical compounds comprising carbon, hydrogen, chlorine, and fluorine as their main constituents. However, not all fluorocarbons may contain both chlorine and fluorine atoms. The applications of these refrigerants are in refrigerators (domestic, transport, and commercial) and large-scale refrigerators (supermarket/ hypermarket). In addition, fluorocarbons are further classified into three types – HFCs, HCFCs, and HFOs.
 
Commercial Refrigeration Equipment Market, By Product Type
·       Refrigerator & Freezer
·       Transportation Refrigeration
·       Refrigerated Display Cases
·       Beverage Refrigeration
·       Ice Cream Merchandiser
·       Refrigerated Vending Machine
 
Commercial Refrigeration Equipment Market, By Refrigerant Type
·       Fluorocarbons
·       Hydrocarbons
·       Inorganics

Commercial Refrigeration Equipment Market, By Application
·       Hotels & Restaurants
·       Supermarkets & Hypermarkets
·       Convenience Stores
·       Bakeries

Commercial Refrigeration Equipment Regional Overview

Based on the region, Asia Pacific dominated the global Commercial Refrigeration Equipment market and is predictable to maintain its dominance over the forecast period. Factors such as the growing population in this region, improving economic conditions, such as rising GDP & disposable incomes, and a thriving consumer appliances sector are majorly contributed to the growth of the Commercial Refrigeration Equipment market in this region. Other key aspects such as growth in the manufacturing sector, increase in spending on private & public infrastructure development, and rapid urbanization are positively influencing the growth of the market in this region.

Commercial Refrigeration Equipment Market, By Geography

·       North America (US & Canada)
·       Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
·       Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
·       LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
 
Commercial Refrigeration Equipment Market Competitor overview

Some key developments and strategies adopted by manufacturers in Commercial Refrigeration Equipment are highlighted below.

·       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.

Commercial Refrigeration Equipment Market, Key Players

·       Carrier 
·       Emerson Electric Company 
·       Daikin 
·       Danfoss 
·       GEA Group 
·       AB Electrolux
·       Ali S.p.A.
·       Dover Corporation

Frequently Asked Questions (FAQ) :

Q1. What is the total CAGR expected to be recorded for the Commercial Refrigeration Equipment market during the forecast period?

A. The Commercial Refrigeration Equipment market is expected to record a CAGR of ~ 6 %, during the forecast period.

Q2. Which segment is projected to hold the largest share in the Commercial Refrigeration Equipment Market. ?

A. The Fluorocarbons segment is projected to hold the largest share in the Commercial Refrigeration Equipment Market.

Q3. What are the driving factors for the Commercial Refrigeration Equipment market?

A. The increase in demand for frozen food items and the thriving hospitality and tourism industries are some key factors that boost the growth of the Commercial Refrigeration Equipment market progressively.

Q4. What are the restraining factors for the Commercial Refrigeration Equipment market?

A. The stringent regulations against the use of fluorocarbon refrigerants is expected to restrain the growth of the global Commercial Refrigeration Equipment market.

Q5. Which are the prominent players offering Commercial Refrigeration Equipment?

A. Carrier, Emerson Electric Company, Daikin, Danfoss, GEA Group, AB Electrolux, Ali S.p.A., Dover Corporation are some of the key players offering Commercial Refrigeration Equipment.
Commercial Refrigeration Equipment Market Study Global Market Analysis, Insights and Forecast, 2020-2027

    1. Introduction

    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions

    2. Executive Summary

      3. Market Dynamics

      • 3.1. Market Drivers
      • 3.2. Market Restraints
      • 3.3. Market Opportunities

      4. Key Insights

      • 4.1. Key Emerging Trends – For Major Countries
      • 4.2. Latest Technological Advancement
      • 4.3. Regulatory Landscape
      • 4.4. Industry SWOT Analysis
      • 4.5. Porters Five Forces Analysis

      5. Global Commercial Refrigeration Equipment Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 5.1. Key Findings / Summary
      • 5.2. Market Analysis, Insights and Forecast – By Product Type
        • 5.2.1. Refrigerator & Freezer
        • 5.2.2. Transportation Refrigeration
        • 5.2.3. Refrigerated Display Cases
        • 5.2.4. Beverage Refrigeration
        • 5.2.5. Ice Cream Merchandiser
        • 5.2.6. Refrigerated Vending Machine
      • 5.3. Market Analysis, Insights and Forecast – By Refrigerant Type
        • 5.3.1. Fluorocarbons
        • 5.3.2. Hydrocarbons
        • 5.3.3. Inorganics
      • 5.4. Market Analysis, Insights and Forecast – By Application
        • 5.4.1. Hotels & Restaurants
        • 5.4.2. Supermarkets & Hypermarkets
        • 5.4.3. Convenience Stores
        • 5.4.4. Bakeries
      • 5.5. Market Analysis, Insights and Forecast – By Region
        • 5.5.1. North America
        • 5.5.2. Europe
        • 5.5.3. Asia Pacific
        • 5.5.4. Latin America, Middle East and Africa

      6. North America Commercial Refrigeration Equipment Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 6.1. Key Findings / Summary
      • 6.2. Market Analysis, Insights and Forecast – By Product Type
        • 6.2.1. Refrigerator & Freezer
        • 6.2.2. Transportation Refrigeration
        • 6.2.3. Refrigerated Display Cases
        • 6.2.4. Beverage Refrigeration
        • 6.2.5. Ice Cream Merchandiser
        • 6.2.6. Refrigerated Vending Machine
      • 6.3. Market Analysis, Insights and Forecast – By Refrigerant Type
        • 6.3.1. Fluorocarbons
        • 6.3.2. Hydrocarbons
        • 6.3.3. Inorganics
      • 6.4. Market Analysis, Insights and Forecast – By Application
        • 6.4.1. Hotels & Restaurants
        • 6.4.2. Supermarkets & Hypermarkets
        • 6.4.3. Convenience Stores
        • 6.4.4. Bakeries
      • 6.5. Market Analysis, Insights and Forecast – By Country
        • 6.5.1. U.S.
        • 6.5.2. Canada

      7. Europe Commercial Refrigeration Equipment Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 7.1. Key Findings / Summary
      • 7.2. Market Analysis, Insights and Forecast – By Product Type
        • 7.2.1. Refrigerator & Freezer
        • 7.2.2. Transportation Refrigeration
        • 7.2.3. Refrigerated Display Cases
        • 7.2.4. Beverage Refrigeration
        • 7.2.5. Ice Cream Merchandiser
        • 7.2.6. Refrigerated Vending Machine
      • 7.3. Market Analysis, Insights and Forecast – By Refrigerant Type
        • 7.3.1. Fluorocarbons
        • 7.3.2. Hydrocarbons
        • 7.3.3. Inorganics
      • 7.4. Market Analysis, Insights and Forecast – By Application
        • 7.4.1. Hotels & Restaurants
        • 7.4.2. Supermarkets & Hypermarkets
        • 7.4.3. Convenience Stores
        • 7.4.4. Bakeries
      • 7.5. Market Analysis, Insights and Forecast – By Country
        • 7.5.1. UK
        • 7.5.2. Germany
        • 7.5.3. France
        • 7.5.4. Italy
        • 7.5.5. Spain
        • 7.5.6. Russia
        • 7.5.7. Rest of Europe

      8. Asia Pacific Commercial Refrigeration Equipment Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 8.1. Key Findings / Summary
      • 8.2. Market Analysis, Insights and Forecast – By Product Type
        • 8.2.1. Refrigerator & Freezer
        • 8.2.2. Transportation Refrigeration
        • 8.2.3. Refrigerated Display Cases
        • 8.2.4. Beverage Refrigeration
        • 8.2.5. Ice Cream Merchandiser
        • 8.2.6. Refrigerated Vending Machine
      • 8.3. Market Analysis, Insights and Forecast – By Refrigerant Type
        • 8.3.1. Fluorocarbons
        • 8.3.2. Hydrocarbons
        • 8.3.3. Inorganics
      • 8.4. Market Analysis, Insights and Forecast – By Application
        • 8.4.1. Hotels & Restaurants
        • 8.4.2. Supermarkets & Hypermarkets
        • 8.4.3. Convenience Stores
        • 8.4.4. Bakeries
      • 8.5. Market Analysis, Insights and Forecast – By Country
        • 8.5.1. China
        • 8.5.2. India
        • 8.5.3. Japan
        • 8.5.4. Australia
        • 8.5.5. South East Asia
        • 8.5.6. Rest of Asia Pacific

      9. Latin America, Middle East and Africa Commercial Refrigeration Equipment Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 9.1. Key Findings / Summary
      • 9.2. Market Analysis, Insights and Forecast – By Product Type
        • 9.2.1. Refrigerator & Freezer
        • 9.2.2. Transportation Refrigeration
        • 9.2.3. Refrigerated Display Cases
        • 9.2.4. Beverage Refrigeration
        • 9.2.5. Ice Cream Merchandiser
        • 9.2.6. Refrigerated Vending Machine
      • 9.3. Market Analysis, Insights and Forecast – By Refrigerant Type
        • 9.3.1. Fluorocarbons
        • 9.3.2. Hydrocarbons
        • 9.3.3. Inorganics
      • 9.4. Market Analysis, Insights and Forecast – By Application
        • 9.4.1. Hotels & Restaurants
        • 9.4.2. Supermarkets & Hypermarkets
        • 9.4.3. Convenience Stores
        • 9.4.4. Bakeries
      • 9.5. Market Analysis, Insights and Forecast – By Country
        • 9.5.1. Brazil
        • 9.5.2. Saudi Arabia
        • 9.5.3. UAE
        • 9.5.4. Rest of LAMEA

      10. Competitive Analysis

      • 10.1. Company Market Share Analysis, 2018
      • 10.2. Key Industry Developments
      • 10.3. Company Profile
      • 10.4. Carrier
        • 10.4.1. Business Overview
        • 10.4.2. Segment 1 & Service Offering
        • 10.4.3. Overall Revenue
        • 10.4.4. Geographic Presence
        • 10.4.5. Recent Development
      *Similar details will be provided for the following companies
      • 10.5. Emerson Electric Company
      • 10.6. Daikin
      • 10.7. Danfoss
      • 10.8. GEA Group
      • 10.9. AB Electrolux
      • 10.10. Ali S.p.A.
      List of Figures

      Figure 1: Global Commercial Refrigeration Equipment Market Revenue Breakdown (USD Billion, %) by Region, 2019 & 2027
      Figure 2: Global Commercial Refrigeration Equipment Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 3: Global Commercial Refrigeration Equipment Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 4: Global Commercial Refrigeration Equipment Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 5: Global Commercial Refrigeration Equipment Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 6: Global Commercial Refrigeration Equipment Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 7: Global Commercial Refrigeration Equipment Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 8: Global Commercial Refrigeration Equipment Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 9: Global Commercial Refrigeration Equipment Market Forecast (USD Billion), by Others, 2016-2027
      Figure 10: Global Commercial Refrigeration Equipment Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 11: Global Commercial Refrigeration Equipment Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 12: Global Commercial Refrigeration Equipment Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 13: Global Commercial Refrigeration Equipment Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 14: Global Commercial Refrigeration Equipment Market Forecast (USD Billion), by Others, 2016-2027
      Figure 15: Global Commercial Refrigeration Equipment Market Value (USD Billion), by Region, 2019 & 2027
      Figure 16: North America Commercial Refrigeration Equipment Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 17: North America Commercial Refrigeration Equipment Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 18: North America Commercial Refrigeration Equipment Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 19: North America Commercial Refrigeration Equipment Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 20: North America Commercial Refrigeration Equipment Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 21: North America Commercial Refrigeration Equipment Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 22: North America Commercial Refrigeration Equipment Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 23: North America Commercial Refrigeration Equipment Market Forecast (USD Billion), by Others, 2016-2027
      Figure 24: North America Commercial Refrigeration Equipment Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 25: North America Commercial Refrigeration Equipment Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 26: North America Commercial Refrigeration Equipment Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 27: North America Commercial Refrigeration Equipment Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 28: North America Commercial Refrigeration Equipment Market Forecast (USD Billion), by Others, 2016-2027
      Figure 29: North America Commercial Refrigeration Equipment Market Forecast (USD Billion), by U.S., 2016-2027
      Figure 30: North America Commercial Refrigeration Equipment Market Forecast (USD Billion), by Canada, 2016-2027
      Figure 31: Latin America Commercial Refrigeration Equipment Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 32: Latin America Commercial Refrigeration Equipment Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 33: Latin America Commercial Refrigeration Equipment Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 34: Latin America Commercial Refrigeration Equipment Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 35: Latin America Commercial Refrigeration Equipment Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 36: Latin America Commercial Refrigeration Equipment Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 37: Latin America Commercial Refrigeration Equipment Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 38: Latin America Commercial Refrigeration Equipment Market Forecast (USD Billion), by Others, 2016-2027
      Figure 39: Latin America Commercial Refrigeration Equipment Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 40: Latin America Commercial Refrigeration Equipment Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 41: Latin America Commercial Refrigeration Equipment Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 42: Latin America Commercial Refrigeration Equipment Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 43: Latin America Commercial Refrigeration Equipment Market Forecast (USD Billion), by Others, 2016-2027
      Figure 44: Latin America Commercial Refrigeration Equipment Market Forecast (USD Billion), by Brazil, 2016-2027
      Figure 45: Latin America Commercial Refrigeration Equipment Market Forecast (USD Billion), by Mexico, 2016-2027
      Figure 46: Latin America Commercial Refrigeration Equipment Market Forecast (USD Billion), by Rest of Latin America, 2016-2027
      Figure 47: Europe Commercial Refrigeration Equipment Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 48: Europe Commercial Refrigeration Equipment Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 49: Europe Commercial Refrigeration Equipment Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 50: Europe Commercial Refrigeration Equipment Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 51: Europe Commercial Refrigeration Equipment Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 52: Europe Commercial Refrigeration Equipment Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 53: Europe Commercial Refrigeration Equipment Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 54: Europe Commercial Refrigeration Equipment Market Forecast (USD Billion), by Others, 2016-2027
      Figure 55: Europe Commercial Refrigeration Equipment Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 56: Europe Commercial Refrigeration Equipment Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 57: Europe Commercial Refrigeration Equipment Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 58: Europe Commercial Refrigeration Equipment Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 59: Europe Commercial Refrigeration Equipment Market Forecast (USD Billion), by Others, 2016-2027
      Figure 60: Europe Commercial Refrigeration Equipment Market Forecast (USD Billion), by U.K., 2016-2027
      Figure 61: Europe Commercial Refrigeration Equipment Market Forecast (USD Billion), by Germany, 2016-2027
      Figure 62: Europe Commercial Refrigeration Equipment Market Forecast (USD Billion), by France, 2016-2027
      Figure 63: Europe Commercial Refrigeration Equipment Market Forecast (USD Billion), by Italy, 2016-2027
      Figure 64: Europe Commercial Refrigeration Equipment Market Forecast (USD Billion), by Spain, 2016-2027
      Figure 65: Europe Commercial Refrigeration Equipment Market Forecast (USD Billion), by Russia, 2016-2027
      Figure 66: Europe Commercial Refrigeration Equipment Market Forecast (USD Billion), by Rest of Europe, 2016-2027
      Figure 67: Asia Pacific Commercial Refrigeration Equipment Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 68: Asia Pacific Commercial Refrigeration Equipment Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 69: Asia Pacific Commercial Refrigeration Equipment Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 70: Asia Pacific Commercial Refrigeration Equipment Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 71: Asia Pacific Commercial Refrigeration Equipment Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 72: Asia Pacific Commercial Refrigeration Equipment Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 73: Asia Pacific Commercial Refrigeration Equipment Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 74: Asia Pacific Commercial Refrigeration Equipment Market Forecast (USD Billion), by Others, 2016-2027
      Figure 75: Asia Pacific Commercial Refrigeration Equipment Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 76: Asia Pacific Commercial Refrigeration Equipment Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 77: Asia Pacific Commercial Refrigeration Equipment Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 78: Asia Pacific Commercial Refrigeration Equipment Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 79: Asia Pacific Commercial Refrigeration Equipment Market Forecast (USD Billion), by Others, 2016-2027
      Figure 80: Asia Pacific Commercial Refrigeration Equipment Market Forecast (USD Billion), by China, 2016-2027
      Figure 81: Asia Pacific Commercial Refrigeration Equipment Market Forecast (USD Billion), by India, 2016-2027
      Figure 82: Asia Pacific Commercial Refrigeration Equipment Market Forecast (USD Billion), by Japan, 2016-2027
      Figure 83: Asia Pacific Commercial Refrigeration Equipment Market Forecast (USD Billion), by Australia, 2016-2027
      Figure 84: Asia Pacific Commercial Refrigeration Equipment Market Forecast (USD Billion), by Southeast Asia, 2016-2027
      Figure 85: Asia Pacific Commercial Refrigeration Equipment Market Forecast (USD Billion), by Rest of Asia Pacific, 2016-2027
      Figure 86: Middle East & Africa Commercial Refrigeration Equipment Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 87: Middle East & Africa Commercial Refrigeration Equipment Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 88: Middle East & Africa Commercial Refrigeration Equipment Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 89: Middle East & Africa Commercial Refrigeration Equipment Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 90: Middle East & Africa Commercial Refrigeration Equipment Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 91: Middle East & Africa Commercial Refrigeration Equipment Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 92: Middle East & Africa Commercial Refrigeration Equipment Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 93: Middle East & Africa Commercial Refrigeration Equipment Market Forecast (USD Billion), by Others, 2016-2027
      Figure 94: Middle East & Africa Commercial Refrigeration Equipment Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 95: Middle East & Africa Commercial Refrigeration Equipment Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 96: Middle East & Africa Commercial Refrigeration Equipment Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 97: Middle East & Africa Commercial Refrigeration Equipment Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 98: Middle East & Africa Commercial Refrigeration Equipment Market Forecast (USD Billion), by Others, 2016-2027
      Figure 99: Middle East & Africa Commercial Refrigeration Equipment Market Forecast (USD Billion), by GCC, 2016-2027
      Figure 100: Middle East & Africa Commercial Refrigeration Equipment Market Forecast (USD Billion), by South Africa, 2016-2027
      Figure 101: Middle East & Africa Commercial Refrigeration Equipment Market Forecast (USD Billion), by Rest of Middle East & Africa, 2016-2027 
      List of Tables
      Table 1: Global Commercial Refrigeration Equipment Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 2: Global Commercial Refrigeration Equipment Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 3: Global Commercial Refrigeration Equipment Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 4: Global Commercial Refrigeration Equipment Market Revenue (USD Billion) Forecast, by Region, 2016-2027
      Table 5: North America Commercial Refrigeration Equipment Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 6: North America Commercial Refrigeration Equipment Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 7: North America Commercial Refrigeration Equipment Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 8: North America Commercial Refrigeration Equipment Market Revenue (USD Billion) Forecast, by Country, 2016-2027
      Table 9: Europe Commercial Refrigeration Equipment Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 10: Europe Commercial Refrigeration Equipment Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 11: Europe Commercial Refrigeration Equipment Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 12: Europe Commercial Refrigeration Equipment Market Revenue (USD Billion) Forecast, by Country, 2016-2027
      Table 13: Latin America Commercial Refrigeration Equipment Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 14: Latin America Commercial Refrigeration Equipment Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 15: Latin America Commercial Refrigeration Equipment Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 16: Latin America Commercial Refrigeration Equipment Market Revenue (USD Billion) Forecast, by Country, 2016-2027
      Table 17: Asia Pacific Commercial Refrigeration Equipment Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 18: Asia Pacific Commercial Refrigeration Equipment Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 19: Asia Pacific Commercial Refrigeration Equipment Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 20: Asia Pacific Commercial Refrigeration Equipment Market Revenue (USD Billion) Forecast, by Country, 2016-2027
      Table 21: Middle East & Africa Commercial Refrigeration Equipment Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 22: Middle East & Africa Commercial Refrigeration Equipment Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 23: Middle East & Africa Commercial Refrigeration Equipment Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 24: Middle East & Africa Commercial Refrigeration Equipment Market Revenue (USD Billion) Forecast, by Country, 2016-2027

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