Global Refrigerated Display Cases And Chilled Rooms Market Size, By Cooler Room Type, By RCDs Type, By Geographic Scope And Forecast
Published on: 2024-08-01 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Refrigerated Display Cases And Chilled Rooms Market Size, By Cooler Room Type, By RCDs Type, By Geographic Scope And Forecast
Refrigerated Display Cases And Chilled Rooms Market Size And Forecast
Refrigerated Display Cases And Chilled Rooms Market size is growing at a moderate pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2021 to 2028.
Growing global cold chain and food retail industries, changing food consumption trends, and the need to replace traditional refrigeration systems with smart technologies are creating new opportunities for manufacturers and suppliers of refrigerated display cases (RDCs) and chilled rooms. The Global Refrigerated Display Cases And Chilled Rooms Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Refrigerated Display Cases And Chilled Rooms Market Definition
Due to global growth in the cold chain and food retail industries, the worldwide Refrigerated Display Cases And Chilled Rooms Market is blossoming with opportunities. RDCs (Refrigerated Display Cases) are specifically constructed refrigerators or freezers for storing and displaying temperature-sensitive food items that must be chilled or stocked frozen. Catering enterprises, supermarkets/hypermarkets, hotels/restaurants, grocery stores, bakery shops, and non-conventional outlets such as local grocers, gas stations, and kiosks all employ these refrigerators. RDCs are used to preserve medications and specimens in the biomedical business.
A chilled room is a specially built, refrigerated chamber used to store perishable foods and vegetables. These storage facilities are commonly used in the dairy and ice cream industries, as well as the food supply chain, hotel, and meat and seafood industries. Hospitals, research laboratories, the horticulture and floriculture sector, and the petrochemical sector all require chilled rooms.
The RDCs are available in three different designsvertical-front open RDCs, horizontal-top open RDCs, and semi-vertical and hybrid RDCs. In the coming years, the horizontal-top open RDCs market and the semi-vertical RDCs market are projected to grow at a slower pace. The RDCs are available in three different designsvertical-front open RDCs, horizontal-top open RDCs, and semi-vertical and hybrid RDCs. Vertical front open RDCs accounted for 59.8% of the worldwide RDCs market’s total sales. In the coming years, the horizontal-top open RDCs market and the semi-vertical RDCs market are projected to grow at a slower pace.
Global Refrigerated Display Cases And Chilled Rooms Market Overview
Growing global cold chain and food retail industries, changing food consumption trends, and the need to replace traditional refrigeration systems with smart technologies are creating new opportunities for manufacturers and suppliers of refrigerated display cases (RDCs) and chilled rooms. Customers are also concentrating on lowering their electricity use and improving the safety and quality of their food. All of these considerations point to a bright future for makers and producers of refrigerated display cases and chilled rooms. The development of the cold chain, the growth of the food retail industry, strict food safety and quality regulations, and an increase in demand for frozen food, as well as technological advancements such as reducing the amount of energy consumed by RDCs and chilled rooms, are all driving the RDCs and chilled rooms industry worldwide.
The increasing need for refrigerated display cases and chilled rooms is due to the expanding number of supermarkets, cafes, and hotels around the world. Over the last few years, the foodservice and retail industries have accounted for more than half of commercial sales of refrigerated display cases. The demand for refrigerated display cases and cool rooms to keep food and beverages will increase as their numbers rise. By conquering emerging market countries, major retail chain operators are seeing further growth in demand for refrigerated display cases and chilled rooms. They are rapidly turning their focus away from North America and Europe, which are highly competitive and established areas, and toward the Asia Pacific and Latin America.
Manufacturers of refrigerated display cases and chilled rooms, on the other hand, must devise strategies to address issues such as the high energy consumption rates of most refrigerated display cases and the high cold room purchase costs. Following the growing awareness of retail chain operators and individual store owners of the dangers of storing some items without refrigeration, the use of refrigerated display cases and chilled rooms has also expanded.
Global Refrigerated Display Cases And Chilled Rooms Market Segmentation Analysis
The Global Refrigerated Display Cases And Chilled Rooms Market Is Segmented On The Basis Of Cooler Room Type, RCDs Type, And Geography.
Refrigerated Display Cases And Chilled Rooms Market, By Cooler Room Type
• Walk-in cooler rooms• Walk-in freezer rooms• Walk-in hybrid rooms
Based on Cooler Room Type, The Market is bifurcated into Walk-in cooler rooms, walk-in freezer rooms, and walk-in hybrid rooms. In the chilled rooms market, walk-in coolers are expected to be the most popular product segment. Walk-in cooler rooms, walk-in freezer rooms, and walk-in hybrid rooms are all examples of chilled rooms. Because of the broader choice of food that may be stored in them, walk-in cooler rooms are likely to maintain their sales dominance through 2020.
Refrigerated Display Cases And Chilled Rooms Market, By RDCs Type
• Plug-in RDCs• Remote RDCs
Based On RCDs types, The Market is bifurcated into Plug-in RDCs and remote RDCs. In terms of revenue and volume, the plug-in RDCs market was the largest RDCs product market.
Refrigerated Display Cases And Chilled Rooms Market, By Geography
• North America• Europe• Asia Pacific• Rest of the world
On the Basis Of Geography, The Global Refrigerated Display Cases And Chilled Rooms Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. For both refrigerated display cases and chilled rooms, Asia Pacific is the largest and fastest expanding geographical market. North America and Europe are more developed markets; thus, growth is likely to be slower over the forecast period. With a rising retail business, Latin America and the Middle East are likely to have high demand, followed by the hotel industry.
Key Players
The “Global Refrigerated Display Cases And Chilled Rooms Market” study report will provide valuable insight with an emphasis on the global market. The major players in the Market are Liebherr, Ugur cooling, Turbo Air, ISA, Verco Limited, Haier, Aucma, AHT cooling systems Gmbh, Dover Corporation, Hoshizaki Corporation, Lennox International, Illinois Tool Works Inc, SCHOTT termofrost. The competitive landscape section also includes key development strategies, Market share, and MARKET ranking analysis of the above-mentioned players globally.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
Study Period | 2017-2028 |
Base Year | 2020 |
Forecast Period | 2021-2028 |
Historical Period | 2017-2019 |
Key Companies Profiled | Liebherr, Ugur cooling, Turbo Air, ISA, Verco Limited, Haier, Aucma, AHT cooling systems Gmbh, Dover Corporation, Hoshizaki Corporation, Lennox International. |
Segments Covered | • By Cooler Room Type |
Customization Scope | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope. |
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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
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