Amazon is set to usher in the next generation of “smart” convenience stores with the launch of its Amazon Go concept, replacing traditional checkouts with smart technology. The store concept works by automatically logging purchases to the user’s Amazon account when a product is removed from the shelf.
Growing food safety concerns are expected to boost the demand
December 9, 2016
The global refrigerated display case market is expected to garner $20.8 billion by 2022, with a compound annual growth rate (CAGR) of 9.8 percent during 2016 to 2022, according to a new report published by Allied Market Research titled "Global Refrigerated display cases Market - Opportunities and Forecasts, 2015-2022."
The global commercial refrigeration market was valued at $34.43 billion in 2015 and is likely to reach $45.06 billion by 2020, reaching a compound annual growth rate (CAGR) of 5.53 percent during the forecast period, according to a report from Technavio.
Gains will stem primarily from the rising number of food retail outlets in developing countries
October 31, 2016
World demand for refrigerated display cases is expected to increase 4.2 percent per year through 2020 to $7 billion, approximating sales advances for commercial refrigeration equipment as a whole, according to a new study from The Freedonia Group, a Cleveland-based industry research firm.
There is growing demand for frozen and chilled products, expansion of cold chain capacity, technological advancements
October 24, 2016
The U.S. commercial refrigeration systems market is projected to expand at a healthy compound annual growth rate (CAGR) of 3.2 percent in terms of value through 2025, according to a report from Future Market Insights.
Many supermarkets converted their chlorofluorocarbon (CFC) and hydrochlorofluorocarbon (HCFC) refrigeration systems to hydrofluorocarbon (HFC) systems only to see HFCs targeted for a phaseout. Now, they’re hearing about natural refrigerants, distributed refrigeration, and cascade systems.
Primarily driven by rising number of hypermarkets, specialty food stores, and supermarkets across the globe
August 15, 2016
The global commercial refrigeration equipment market was valued at $36.63 billion in 2015, and is expected to generate revenue of $61.44 billion by the end of 2021, growing at a compound annual growth rate (CAGR) of slightly over 9 percent between 2016 and 2021, according to a report from Zion Market Research.
This product provides an all-glass look that delivers energy efficiency and optimizes product visibility. Available in satin silver, gray, or black finishes, the product increases merchandise visibility and complements the look of modern store design.
Refrigeration company Adande has published independent evidence that its patented Aircell air flow management system, designed for open-front multi-decks, delivers 50 percent energy savings compared with conventional open refrigerated cases.