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Commercial Refrigeration System Market Forecast by End-Use Industry 2014-2020

  • Date Submitted: 10/26/2016 05:31 AM
  • Flesch-Kincaid Score: 15.5 
  • Words: 605
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Refrigeration is the process of removing excessheat from space and transferring the same to the environment. It is well known that spoilage of food, beverages and many other substances is reduced at a lower temperature. Thus in order to preserve many types of perishable products from spoilage and keep them fresh for a longer duration, commercial refrigeration system is used where the temperature is maintained at a level much below than that of its surroundings.

Commercial refrigeration system market is segmented on the basis of application in food& beverage production, food & beverage retail, food & beverage distribution and food storage & service industry where refrigeration system are used for commercial purposes. Refrigeration system is extensively used in grocery stores, super markets, convenience stores and speciality food stores. Food service industry on the other hand includes restaurants and cafeteria. Customisation of refrigeration system as per the customers demand is a key trend in the global commercial refrigeration systemmarket. Expanding food retail chains mostly in tier II and tier I cities in developing regions is significantly driving growth in commercial refrigeration system market.

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The global commercial refrigeration system market is also segmented on the basis of refrigerant types that arehydro chlorofluorocarbon (HCFC), hydro fluorocarbon (HFC), hydrocarbon (HC), inorganic which includes ammonia and carbon dioxide. The refrigerants markets which are used in refrigeration systemare expected to grow at a CAGR of 5 to 7% and fuel the growth of global refrigeration system market. The use of refrigerants is leading to green house effect and is giving way to the use of green refrigerants in the commercial refrigeration system market.

The global commercial refrigeration system market is segmented on the basis of product types such as beverage...

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