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Global commercial refrigeration equipment market size is expected at $73.95 Bn by 2027 at a growth rate of 4.5%.<br>
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Commercial Refrigeration Equipment Global Market Report 2023 Market Size, Trends and Global Forecast 2023-2032
Commercial Refrigeration Equipment Market Segments The Business Research Company segments it’s Commercial Refrigeration Equipment market report as: Linear, Rotary By Type Valve Body, Actuator, Other Components By Component By Material Stainless Steel, Alloy-Based, Cast Iron, Cyrogenic, Other Materials Oil and Gas, Water and Wastewater Treatment, Energy and Power, Pharmaceuticals, Food and Beverage, Chemicals, Building and Construction, Paper and Pulp By Industry
Commercial Refrigeration Equipment Market Statistics The global commercial refrigeration equipment market size will grow from $59.18 billion in 2022 to $62.11 billion in 2023 at a compound annual growth rate (CAGR) of 4.9%. The market size of global commercial refrigeration equipment is expected to grow to $73.95 billion in 2027 at a CAGR of 4.5%. Click Here To Get A Sample Report
Key Market Drivers And Trends • Drivers The increasing demand for frozen & chilled products from consumers is anticipated to drive the commercial refrigeration market. Trends High equipment and installation costs of equipment are expected to hinder the commercial refrigeration equipment market’s growth. • Region The Asia-Pacific was the largest region in the commercial refrigeration equipment market in 2022. The regions covered in the global commercial refrigeration equipment market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Key Market Players • Major players in the Commercial Refrigeration Equipment market are: • Dover Corporation • Daikin Industries Ltd • Carrier Commercial Refrigeration Inc • Johnson Control Inc • Haier Group Corp • And more. Get More Information On The Commercial Refrigeration Equipment Market Report
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