The demand for these equipments has been on a rise, due to rising consumption of frozen food, increasing trade of refrigerated food items, changing food habits of consumers, technological developments, changing regulations, and the growing tourism industry.
Albany, NY -- (SBWIRE) -- 04/05/2016 -- The commercial refrigeration equipment market report provides a detailed overview of the ongoing trends in commercial refrigeration equipment in Latin America. Further, the report provides an in depth analysis of the technologies used and the future outlook of commercial refrigeration equipment market till 2018. We have used secondary research for deriving our market numbers for each segment of the research report and further validated our analysis with C-level executives of major companies operating in the commercial refrigeration equipment market through the means of primary research. This report also provides company profiles of the major players in the commercial refrigeration equipment market. Company profile provides company and financial overview, strategies adopted by the companies and their recent developments which can help in assessing the competition in the market.
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The report includes segmentation of commercial refrigeration equipment market by product, application and geography. Further, it provides current and forecast market size by revenue for the aforementioned categories. Cross sectional analysis for product, applications and geography segments are also a part of the scope. Factors influencing and inhibiting growth of the market have been analyzed.
The market overview section of the report demonstrates the market dynamics such as drivers, restraints and opportunities that influence the current status and future status of the market. Impact factors such as Porter's five forces analysis have also been explained in the market overview section of the report, in order to give a thorough analysis of overall competitive scenario in Latin America commercial refrigeration equipment market. The Latin America commercial refrigeration equipment market is driven by factors such as requirement of refrigeration in increased production, consumption, export and import of food items, emergence of supermarkets, hotels and café and changing food consumption trends driving the demand for food items requiring refrigerated storage. Factors affecting the Latin America commercial refrigeration equipment market are rising fuel prices and less energy efficient commercial refrigeration equipments.
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The report includes segmentation of Latin America commercial refrigeration market by product, application and geography. Different types of refrigeration product include transport refrigeration equipment, refrigerators and freezers, beverage refrigeration, other equipments and parts. Commercial refrigeration equipment has widespread applications such as food services, food and beverage retail, food and beverage distribution, food and beverage production and others. The market revenue and forecast for each product type has been provided for the period 2010-2018 in terms of USD million, along with the CAGR for the forecast period 2012 to 2018.
In terms of geographical distribution, the Latin America commercial refrigeration equipment market has been classified into three regions namely Caribbean, Central America and South America. This section includes market revenue (2010-2018) and forecast (2012-2018) for product types and applications in each regional market, in terms of USD million. The study further offers recommendations and highlights of the market, which would be useful for the present and new market players to sustain and grow in the Latin America commercial refrigeration equipment market.
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The report concludes with the company profile sections which include key information about the major players in the market. Some of the key players profiled in this report include MEtalfrio Solutions S.A, Beverage-Air Corporation, Diakin Industries LTD., United Technologies Corporation – Climate, Control and Security Unit, Dover Corporation, Illinois Tool Work Corporation, Hussmann International Inc. and Lennox International Inc. This study includes the strategies adopted by these key players to sustain competition. Recent developments by the companies and barriers of the market will help emerging players design their strategies in an effective manner. The study is expected to help key players of Latin America commercial refrigeration equipment market in formulating and developing their strategies.
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