Commercial Bar Refrigeration Equipment Market is anticipated to reach US$ 48.58 Bn by 2029 from US$ 32.52 Bn in 2022 at a CAGR of 5.9% during the forecast period.Market Overview
Commercial bar refrigerators are primarily used to store alcoholic beverages. It is also utilized in the food and beverage wholesale industry including supermarkets, specialty stores, and convenience stores. North America is likely to dominate the global market from 2022 to 2029. Increasing consumption of alcoholic beverages and expansion of the end-user sector, which includes hotels and bar. The report includes market dynamics, segment analysis, regional analysis, scope and key players operating in Global Commercial Bar Refrigeration Equipment Market.To Know About The Research Methodology :- Request Free Sample Report
Global Commercial Bar Refrigeration Equipment Market Dynamics
Rising popularity of commercial bar refrigeration equipment with LED lights among end-users is boosting the market. LED lights in the commercial bar refrigeration equipment are used, as it extends the lifespan by 40,000 hours as compared to equipment with fluorescent lights which have lifespan around 10,000 hours. Increasing demand for energy-efficient refrigeration in the commercial sector is considered to be a key factor boosting the demand for commercial bar refrigeration equipment. Manufacturers follow the guidelines set by the Federal Energy Management Program (FEMP) in order to meet the need of end-users for ENERGY-STAR certified commercial bar refrigeration equipment. ENERGY STAR certified commercial bar refrigeration equipment are more energy-efficient as compared to other models available in the market. The benefits offered by energy-efficient models of commercial bar refrigeration equipment include decreasing the utility and maintenance costs for end-users and enhancement of efficiency. This is further expected to drive the market in the near future. However, report also states restrains, like high tax imposed on alcoholic beverages limits their consumption, thereby hindering the market.Global Commercial Bar Refrigeration Equipment Market Segmentation Analysis
by Product Type: The commercial beer and cocktail dispensers segment accounted for a major share of the market in 2022. This segment is expected to gain market share and thereby maintaining its leading position in the market during the forecast period. Rising demand for cost-effective, shelf-service beer and cocktail dispensers enable consumers to adopt self-service dispensers. End-users are increasingly adopting commercial beer and cocktail dispensers due to their cost effectiveness and thus, projected to propel the market in the next few years. by End Users: Restaurant holds maximum share in the Global Market, followed by hotel and supermarkets during the forecast period.Global Commercial Bar Refrigeration Equipment Market Regional Analysis
The market in Asia Pacific is anticipated to expand significantly in the near future. The food & beverage industry in countries such as China and India, is witnessing significant expansion. The refrigeration industry is driven by rising applications in storing food & beverage items on a large-scale in food outlets, cafes, and bars. This is estimated to be a major factor that drives the demand for commercial bar refrigeration equipment, and thereby boost the market in the region.Global Commercial Bar Refrigeration Equipment Market Scope: Inquire before buying
Global Commercial Bar Refrigeration Equipment Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2023: US $ 32.52 Bn. Forecast Period 2023 to 2029 CAGR: 5.9% Market Size in 2029: US $ 48.58 Bn. Segments Covered: by Product Commercial Beer and Cocktail Dispensers Commercial Glass Chillers and Frosters Commercial Bottle and Wine Coolers by End User Restaurant Hotel Supermarket Other Global Commercial Bar Refrigeration Equipment Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Key Players
1. Ali Group 2. Continental Refrigerator 3. Turbo Air Inc. 4. Valpro Commercial Refrigeration 5. ONNERA GROUP 6. True Manufacturing Company, Inc. Frequently Asked Questions: 5. What segments are covered in the Global Commercial Bar Refrigeration Equipment Market? Ans. The segments covered in the Global Market report are Product and End User. 2.What is the growth rate of Global Commercial Bar Refrigeration Equipment Market? Ans: The Global Market is growing at a CAGR of 5.9% during forecasting period 2023-2029. 3.What is scope of the Global Market report? Ans: Global Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors& Leaders, and market estimation of the forecast period. 4.Who are the key players in Global Market? Ans: The important key players in the Global Market are – Denso Corporation, Hanon Systems, Sanden Holding Corporation, Mitsubishi Heavy Industries Ltd, MAHLE GmbH, Valeo SA, Keihin Corporation, Calsonic Kansei Corporation, SamvardhanaMotherson Group, Subros Limited, SMAC Auto Air, TransAir Manufacturing, Eberspacher Group, Marelli Corporation. 5.What is the study period of this Market? Ans: The Global Market is studied from 2022 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Commercial Bar Refrigeration Equipment Market: Industry Analysis and forecast 2022 -2029: By Product Type, End User and Region. 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the PCB Design Software Market 3.4. Geographical Snapshot of the PCB Design Software Market, By Manufacturer share 4. Global Commercial Bar Refrigeration Equipment Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Product Types 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global PCB Design Software Market 5. Supply Side and Demand Side Indicators 6. Global Commercial Bar Refrigeration Equipment Market Analysis and Forecast, 2022-2029 6.1. Global Commercial Bar Refrigeration Equipment Market Size & Y-o-Y Growth Analysis. 7. Global Commercial Bar Refrigeration Equipment Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 7.1.1. Commercial Beer and Cocktail Dispensers 7.1.2. Commercial Glass Chillers and Frosters 7.1.3. Commercial Bottle and Wine Coolers 7.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 7.2.1. Restaurant 7.2.2. Hotel 7.2.3. Supermarket 7.2.4. Other 8. Global Commercial Bar Refrigeration Equipment Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Commercial Bar Refrigeration Equipment Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 9.1.1. Commercial Beer and Cocktail Dispensers 9.1.2. Commercial Glass Chillers and Frosters 9.1.3. Commercial Bottle and Wine Coolers 9.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 9.2.1. Restaurant 9.2.2. Hotel 9.2.3. Supermarket 9.2.4. Other 10. North America Commercial Bar Refrigeration Equipment Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Commercial Bar Refrigeration Equipment Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 12. Canada Commercial Bar Refrigeration Equipment Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 13. Mexico Commercial Bar Refrigeration Equipment Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 14. Europe Commercial Bar Refrigeration Equipment Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 15. Europe Commercial Bar Refrigeration Equipment Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Commercial Bar Refrigeration Equipment Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 17. France Commercial Bar Refrigeration Equipment Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 18. Germany Commercial Bar Refrigeration Equipment Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 19. Italy Commercial Bar Refrigeration Equipment Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 20. Spain Commercial Bar Refrigeration Equipment Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 21. Sweden Commercial Bar Refrigeration Equipment Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 22. CIS Countries Commercial Bar Refrigeration Equipment Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 23. Rest of Europe Commercial Bar Refrigeration Equipment Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 24. Asia Pacific Commercial Bar Refrigeration Equipment Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 25. Asia Pacific Commercial Bar Refrigeration Equipment Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Commercial Bar Refrigeration Equipment Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 27. India Commercial Bar Refrigeration Equipment Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 28. Japan Commercial Bar Refrigeration Equipment Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 29. South Korea Commercial Bar Refrigeration Equipment Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 30. Australia Commercial Bar Refrigeration Equipment Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 31. ASEAN Commercial Bar Refrigeration Equipment Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 32. Rest of Asia Pacific Commercial Bar Refrigeration Equipment Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 33. Middle East Africa Commercial Bar Refrigeration Equipment Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 34. Middle East Africa Commercial Bar Refrigeration Equipment Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Commercial Bar Refrigeration Equipment Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 36. GCC Countries Commercial Bar Refrigeration Equipment Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 37. Egypt Commercial Bar Refrigeration Equipment Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 38. Nigeria Commercial Bar Refrigeration Equipment Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 39. Rest of ME&A Commercial Bar Refrigeration Equipment Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 40. South America Commercial Bar Refrigeration Equipment Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 41. South America Commercial Bar Refrigeration Equipment Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Commercial Bar Refrigeration Equipment Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 43. Argentina Commercial Bar Refrigeration Equipment Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 44. Rest of South America Commercial Bar Refrigeration Equipment Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Commercial Bar Refrigeration Equipment Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 45.2.2. New Product Type Launches and Product Type Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Applications 45.2.3.2. M&A Key Players, Forward Integration and Backward Integration 45.3. Company Profile – True Manufacturing Company, Inc. 45.3.1. Company Overview 45.3.2. Financial Overview 45.3.3. Geographic Footprint 45.3.4. Product Type Portfolio 45.3.5. Business Strategy 45.3.6. Recent Developments 45.4. Ali Group 45.5. Continental Refrigerator 45.6. Turbo Air Inc. 45.7. Valpro Commercial Refrigeration 45.8. ONNERA GROUP 45.9. True Manufacturing Company, Inc 46. Primary Key insights.