Commercial Refrigeration Equipment Market in North America is expected to register a CAGR of 4.1% during the forecast period (2019-2025) - KBV Research

Jun-19 | Report Format: Electronic (PDF)

Growth, Trends and Report Highlights

According to a new report North America Commercial Refrigeration Equipment Market, published by KBV Research, the North America Commercial Refrigeration Equipment Market would witness market growth of 4.1% CAGR during the forecast period (2019-2025).

The US market dominated the North America Commercial Refrigeration Equipment Convenience store & Specialty store Market by Country 2018, growing at a CAGR of 2.8 % during the forecast period. The Canada market is expected to witness a CAGR of 5.9% during (2019-2025). Additionally, The Mexico market is expected to witness a CAGR of 5% during (2019-2025).

The Food Service market dominated the North America Commercial Refrigeration Equipment Market by Application 2018, growing at a CAGR of 3.3 % during the forecast period. The Food & Beverage Distribution market is expected to witness a CAGR of 2.9% during (2019-2025). Additionally, The Food & Beverage Retail market is expected to witness highest CAGR of 4.8% during (2019-2025).

The Refrigerators & Freezers market dominated the Canada Commercial Refrigeration Equipment Market by Product 2018, thereby, achieving a market value of $746.9 million by 2025, growing at a CAGR of 5.2 % during the forecast period. The Transportation Refrigeration Equipment market is expected to witness a CAGR of 5.7% during (2019-2025). The Beverage Refrigeration market is expected to witness a CAGR of 7.6% during (2019-2025). Additionally, The Ice Merchandisers & Ice Vending Equipment market is expected to witness highest CAGR of 10.8% during (2019-2025).

Full Report: https://www.kbvresearch.com/north-america-commercial-refrigeration-equipment-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the mentioned countries. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of WELBILT, Inc., Panasonic Corporation, Standex International Corporation, GEA Group AG, Emerson Electric co., Whirlpool Corporation, United Technologies Corporation, Johnson Controls International Plc., Illinois Tool Works Inc., and The Manitowoc Company, Inc.