The North America commercial refrigerator market is anticipated to grow with a considerable CAGR during the forecast period. The rising demand for frozen food products, ready to eat food, and beverage are the main driver of the North American commercial refrigerator market. The players in the commercial refrigerator market are innovating with their product offerings by incorporating new technological advancements such as temperature and operation controls in refrigerators. It is anticipated to increase the average cost of refrigerators in the commercial place hence driving the market growth in the region during the forecast period.
A full report of North America Commercial Refrigerator Market is available at: https://www.omrglobal.com/industry-reports/north-american-commercial-refrigerator-market
Furthermore, commercial refrigerators have applications in hypermarkets, supermarkets, convenience stores, specialty food stores. Hence, the rapidly increasing number of such stores across the region will influence the growth of the commercial refrigerator market. Moreover, the evolving food industry and food and service industries of the region with the increasing number of retail shops and restaurants will also aid in the expansion of the market across during the forecast period. The region also experiences a considerable demand in the bakery industry, which has a major application of the refrigeration process. Hence, the high bakery product demand will drive the adoption of commercial refrigerators.
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Market Coverage
- The market number available for – 2019-2026
- Base year- 2019
- Forecast period- 2020-2026
- Segment Covered-
o By Refringent Type
o By Application
- Regions Covered-
o US
o Canada
- Competitive Landscape- EdgeStar, Electrolux AB, Liebherr-International Deutschland GmbH, Viking Range, LLC
Key questions addressed by the report
- What is the market growth rate?
- Which segment dominates the market in the base year?
- Which segment will project the fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from the pre-COVID-19 forecast
o Most affected segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Asia-Pacific Commercial Refrigerator Market Report Segment
By Refrigerant Type
- Hydrochlorofluorocarbon
- Hydrofluorocarbon
- Hydrofluoroolefins
- Other Refrigerants
By Application
- Foodservice Industry
- Beverage Industry
- Frozen Food and Ice Cream Industry
- Research, Laboratory and Pharmaceutical Storage
This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.
