Commercial Refrigeration Equipment market to Cross US$66.88 bn by the end of 2022
The global commercial refrigeration equipment market features a highly competitive landscape, Transparency Market Research (TMR) estimates. Some of the prominent players including Whirlpool Corporation, Ltd., Beverage-Air Corporation, Haier, Inc., United Technologies Corporation, Dover Corporation, and Ingersoll Rand Plc are dominating in the global commercial refrigeration equipment market. Numerous companies are expanding their product portfolio by adopting the strategies of the product differentiation and expansion of businesses globally. Additionally, these players are heavily investing in the research & development (R&D) activities, which are leveraging the key players. TMR’s report based on the global commercial refrigeration equipment market estimated the massive growth with a striking CAGR of 9.1% over the forecast period from 2015 to 2022. With the vigorous CAGR, the market is expected to attain a value of US$66.88 bn by the end of 2022 from a value of US$...