Refrigerated Display Cases Market (Plug-in and Remote) to Reach USD 16,283.4 Million by 2019 : Transparency Market Research

Transparency Market Research

According to a new market report "Refrigerated Display Cases (Plug-in and Remote) Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2013 - 2019," published by Transparency Market Research, the market for refrigerated display cases (RDCs) globally is forecast to reach USD 16,283.4 million by 2019. The market growth is driven by increased demand for replacement and new equipments from retail sector across the globe. Use of RDCs as merchandisers and storage alternatives is seen as an emerging trend and is expected to drive the market growth in near future.

global-refrigerated-display-cases-market-by-geography-2012

The global RDCs market was valued at USD 8,780.3 million in 2012 and is expected to almost double in next six years. Proliferation of retail network and rise in consumer spending on convenience products, coupled with development of improved and technologically advanced refrigeration systems, is influencing the way refrigerated display cases are being adopted across the 'food and beverage' and retail industry. Biomedical sector too is seeing increased usage of sophisticated display cases with critical temperature control features.

Browse the full report PDF with TOC : Refrigerated Display Cases (Plug-in and Remote) Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2013 - 2019

The global RDCs market growth is forecast to be driven by demand for plug-in or self-contained systems as compared to remote systems. Features such as capital cost saving, freedom to move them as per store layout, reduced time to install, and low turn-around time for new stores, are helping in large scale adoption of plug-ins against remote RDCs, which are preferred by large size stores or those with limited floor space. On the basis of product design, 'vertical - front open' RDCs are estimated to dominate the market throughout the forecast period 2013 - 2019, accounting for 67.8% of global RDCs market growth. Horizontal or island RDCs and other types (semi-vertical/hybrid) are forecast to record comparatively slow growth. The demand for vertical RDCs is primarily driven by benefits such as low floor-space requirement and more display space (per unit area of floor space).

Across different geographical regions, Asia-Pacific is expected to see fastest growth and grow with a CAGR of 11.3% during forecast period. The retail sector and hotel industry in the region is seeing many expansion projects coming up and is thus driving the demand for new equipments. Economic growth and rise in consumer disposable income in the region is further supporting market growth in the region by pushing up the demand for convenience products (frozen food and beverage items).

Browse the full report with TOC at http://www.transparencymarketresearch.com/refrigerated-display-cabinets.html

The global RDCs market is currently concentrated with both global and regional players competing intensely. Faced with operational challenges such as high investment and dropping profit margins, players in developed markets of North America and Europe are pushing to expand to low cost manufacturing hubs in emerging markets of Asia-Pacific and Africa/Latin America. Asia-Pacific and Africa/Latin America regions are also seen as high potential target market for growth during the forecast period. Proximity to target market is also helping in minimizing the turnaround time and logistic cost, thus giving price advantage for manufacturers. Companies such as Frigoglass, Hoshizaki International, Dover Corporation, Manitowoc Company, Inc., and United Technologies Corporation are among leading players, who command competitive market revenue shares. Mergers and acquisitions, strengthening of distribution network, and alliance with retail giants are some of the strategies followed by players to mitigate the competition in the market.

The market has been segmented as follows:

Refrigerated Display Cases Market, By Product Type (refrigeration system):

  • Plug-in (self-contained)

  • Remote


Refrigerated Display Cases Market, By Product Design:

  • Vertical - front open

  • Horizontal - top open (island)

  • Others (Hybrid/semi-vertical)


Refrigerated Display Cases Market, By Geography:

  • North America

  • Europe

  • Asia Pacific

  • Rest of World (RoW)


Related & Recently Published Report by Transparency Market Research

Resource Circulation Equipment Market for Automotive, Construction, Electrical & Electronics, Paper, Plastic & Polymers, Metal, Oil & Gas and Other Applications
The demand for resource circulation equipment is mainly triggered by growing demand from electrical and electronic devices recycling and construction recycling applications. North America dominates the global market for resource circulation equipment. The resource circulation equipment report by Transparency Market Research analyses, estimates and forecasts resource circulation equipment demand on a global and regional level for the six year period from 2013 to 2019, in terms of revenue. The study also provides information on restraints, drivers and opportunities along with the impact on the overall market for the forecast period. The report segments the market based on application and region and offers estimates and forecast of the resource circulation equipment market for each segment.
The study analyses the product value chain beginning with feed stock material up to end-use. In addition it also evaluates the market based on Porter’s five forces model that analyses the degree of competition in the market by considering other factors such as the bargaining power of buyers and suppliers, threat from substitute products and new entrants. The report includes a detailed competitive landscape of the resource circulation equipment market including company market share analysis and the profile of key market participants.



 

About Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact

Sheela AK
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Web: http://www.transparencymarketresearch.com/

Browse all Consumer Goods Market Research Reports @ http://www.transparencymarketresearch.com/consumer-goods-market-reports-7.html

Post a comment

Private comment

Profile

marketsize

Author:marketsize
I am Research Analyst And Business Development Manager At Transparency Market Research

Visit http://www.transparencymarketresearch.com/

Latest journals
Monthly archive
Category
Search form
Link
Friend request form

Want to be friends with this user.

QR code
QR