DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/j58ws6/refrigerated) has announced the addition of the "Refrigerated Display Cases (RDCs) and Chilled Rooms Market- Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020" report to their offering.
Growing cold chain and food retail industry across the world, changing food consumption trends and the need to replace conventional refrigeration systems with smart technologies are creating new opportunities for refrigerated display cases (RDCs) and chilled room manufacturers and suppliers. Customers are also focusing on reducing electricity consumption and improve food safety and quality which is also driving the demand for RDCs and efficient cold chain solutions. These all factors represent a positive outlook for refrigerated display cases and chilled rooms manufacturers and suppliers. The global market for RDCs and chilled rooms is expected to grow at a CAGR of 10.5% through 2014 -2020. The global RDCs and chilled rooms market was valued at US$ 21.9 Bn and is expected to cross US$ 43.2 Bn by 2020.
Asia Pacific represents the largest as well as the fastest growing regional market for both refrigerated display cases and chilled rooms. North America and Europe are comparatively matured markets and are expected to see slower growth through the forecast period. Significant demand is expected from Latin America and Middle East regions with growing retail industry, followed by hotel industry.
With large number of regional and global players active in the market, the global refrigerated display cases and chilled rooms market is saturated and is witnessing high level of competition. As a result, the market players are investing in product expansion to gain competitive advantage. Doover Corp, Frigoglass and Hoshizaki International are some major leading players in the global RDCs and chilled rooms market.
Key Topics Covered
- Executive Summary
- Refrigerated Display Cases and Chilled Rooms Market Analysis
- Global Refrigerated Display Cases and Chilled Rooms Market Overview, by Product
- Refrigerated Display Cases Market, by Product Design
- Global Refrigerated Display Cases and Chilled Rooms Market, by Geography
- Company Profiles
AHT Cooling Systems
- BeverageAir Corporation
- Climate, Controls & Security Unit (Carrier)
- Daikin Industries
- Dover Corporation
- Hussmann International
- Illinois Tool Works
- Lennox International
- SRC Refrigeration
- Sanden Corporation
- U.S. Cooler Company
- United Technologies Corporation
- Zero Zone
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