© 2017 Global Market Insights, Inc. USA. All Rights Reserved Global Beverage Refrigeration Market will surpass 7.4 million units by 2024.

Global Market Scenario of Beverage Refrigeration Market  The commercialization matrix of beverage refrigeration market is forecast to be positively high over the forthcoming years with the continuous modernization of food preservation techniques.  Along with provision of cooling at a diversified storage conditions, beverage refrigeration industry participants are increasingly focusing on curbing the detrimental impact of the refrigerants on the environment.  In this regard, it is prudent to mention that Frigel’s ingress in the business with its engineered refrigeration system has significantly impacted the overall competitive landscape of the industry.  Reportedly, Frigel’s modular approach of engineered cooling system which was launched in the year 2015 can perform precise beverage cooling that require zero contaminants. © 2017 Global Market Insights, Inc. USA. All Rights Reserved

 Mandatory roll outs, especially implemented across developed nations, relating to the banning of fluorocarbon based refrigeration, is expected to influence global beverage refrigeration industry trends in the years ahead.  For instance, upgradation of energy standards by the U.S. Department of Energy (DoE) along with EPA’s revised regulations on Refrigerant Management System under section 608 to reduce the ozone depletion have brought a new dimension to beverage refrigeration market outlook. Continue:- © 2017 Global Market Insights, Inc. USA. All Rights Reserved

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 For instance, upgradation of energy standards by the U.S. Department of Energy (DoE) along with EPA’s revised regulations on Refrigerant Management System under section 608 to reduce the ozone depletion have brought a new dimension to beverage refrigeration market outlook. Under this section, EPA has extended a couple of energy efficient substitute refrigerants like HFCs (hydrofluorocarbons) that would reduce the climate damaging emissions from refrigeration equipment by a huge amount. 360° Industry Analysis © 2017 Global Market Insights, Inc. USA. All Rights Reserved Request for customization:

Regional Analysis:  North America, the extensive growth of beverage refrigeration industry is quite vivid across APAC belt. Increased packaged drink consumption is deemed to be the preliminary drive stimulating the regional market outlook. As per a recent statistic, global consumption of packaged drink in the year 2016 was approximately 1.05 trillion liters, of which China alone accounted for almost billion liters. Competitive Analysis:  Some of the prominent players involved in the industry include Electrolux, Dover Corporation, Whirlpool Corporation, Daikin Industries, Coca-cola, KingsBottle, HABCO, Danfoss, Liebherr, Kenmore, and General Electrics. These players are heavily investing in product innovations toward the development of advanced technologies endowed with more environmentally viable properties. Mergers & Acquisitions is another strategy widely adopted by the beverage refrigeration market biggies for sustaining the competition. For instance, the acquisition of Belgium Chemical Group, Solvay S.A. by Daikin Industries in 2015 allowed the Japanese conglomerate to expand its business profile in Europe.  © 2017 Global Market Insights, Inc. USA. All Rights Reserved Make An Inquiry To Purchase This

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