|By PR Newswire||
|January 16, 2014 04:32 AM EST||
ALBANY, New York, January 16, 2014 /PRNewswire/ --
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.
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 with TOC at http://www.transparencymarketresearch.com/refrigerated-display-cabinets.html
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).
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.
Related & Recently Published Reports by Transparency Market Research
- Unsaturated Polyester Resin Market: http://www.transparencymarketresearch.com/unsaturated-polyester-resin.html
- Caprolactam (Nylon 6 Fiber and Nylon 6 Resin) Market: http://www.transparencymarketresearch.com/caprolactam-markat.html
- Latin America Adhesives and Sealants Market: http://www.transparencymarketresearch.com/latin-america-adhesives-sealants-industry.html
- Hospital Acquired Disease Testing Market: http://www.transparencymarketresearch.com/hospital-acquired-disease-testing.html
- Commercial Satellite Imaging Market: http://www.transparencymarketresearch.com/commercial-satellite-imaging-market.html
The market has been segmented as follows:
Refrigerated Display Cases Market, By Product Type (refrigeration system):
- Plug-in (self-contained)
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
- Asia Pacific
- Rest of World (RoW)
Browse all Consumer Goods Market Research Reports @ http://www.transparencymarketresearch.com/consumer-goods-market-reports-7.html
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.
90 Sate Street, Suite 700
Albany, NY 12207
USA - Canada Toll Free: 866-552-3453
Email: [email protected]
SOURCE Transparency Market Research
We are reaching the end of the beginning with WebRTC, and real systems using this technology have begun to appear. One challenge that faces every WebRTC deployment (in some form or another) is identity management. For example, if you have an existing service – possibly built on a variety of different PaaS/SaaS offerings – and you want to add real-time communications you are faced with a challenge relating to user management, authentication, authorization, and validation. Service providers will w...
Dec. 27, 2014 02:00 PM EST Reads: 1,952
"ElasticBox is an enterprise company that makes it very easy for developers and IT ops to collaborate to develop, build and deploy applications on any cloud - private, public or hybrid," stated Monish Sharma, VP of Customer Success at ElasticBox, in this SYS-CON.tv interview at DevOps Summit, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 27, 2014 01:30 PM EST Reads: 1,835
The term culture has had a polarizing effect among DevOps supporters. Some propose that culture change is critical for success with DevOps, but are remiss to define culture. Some talk about a DevOps culture but then reference activities that could lead to culture change and there are those that talk about culture change as a set of behaviors that need to be adopted by those in IT. There is no question that businesses successful in adopting a DevOps mindset have seen departmental culture change, ...
Dec. 27, 2014 12:45 PM EST Reads: 1,686
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In his session at Internet of @ThingsExpo, James Kirkland, Chief Ar...
Dec. 27, 2014 12:30 PM EST Reads: 2,438
WebRTC defines no default signaling protocol, causing fragmentation between WebRTC silos. SIP and XMPP provide possibilities, but come with considerable complexity and are not designed for use in a web environment. In his session at @ThingsExpo, Matthew Hodgson, technical co-founder of the Matrix.org, discussed how Matrix is a new non-profit Open Source Project that defines both a new HTTP-based standard for VoIP & IM signaling and provides reference implementations.
Dec. 27, 2014 12:30 PM EST Reads: 1,945
The 4th International DevOps Summit, co-located with16th International Cloud Expo – being held June 9-11, 2015, at the Javits Center in New York City, NY – announces that its Call for Papers is now open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's large...
Dec. 27, 2014 12:00 PM EST Reads: 2,689
DevOps Summit 2015 New York, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that it is now accepting Keynote Proposals. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that produce software that is obsolete...
Dec. 27, 2014 12:00 PM EST Reads: 1,781
The definition of IoT is not new, in fact it’s been around for over a decade. What has changed is the public's awareness that the technology we use on a daily basis has caught up on the vision of an always on, always connected world. If you look into the details of what comprises the IoT, you’ll see that it includes everything from cloud computing, Big Data analytics, “Things,” Web communication, applications, network, storage, etc. It is essentially including everything connected online from ha...
Dec. 27, 2014 12:00 PM EST Reads: 2,353
The security devil is always in the details of the attack: the ones you've endured, the ones you prepare yourself to fend off, and the ones that, you fear, will catch you completely unaware and defenseless. The Internet of Things (IoT) is nothing if not an endless proliferation of details. It's the vision of a world in which continuous Internet connectivity and addressability is embedded into a growing range of human artifacts, into the natural world, and even into our smartphones, appliances, a...
Dec. 27, 2014 11:30 AM EST Reads: 2,506
"SAP had made a big transition into the cloud as we believe it has significant value for our customers, drives innovation and is easy to consume. When you look at the SAP portfolio, SAP HANA is the underlying platform and it powers all of our platforms and all of our analytics," explained Thorsten Leiduck, VP ISVs & Digital Commerce at SAP, in this SYS-CON.tv interview at 15th Cloud Expo, held Nov 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 27, 2014 11:00 AM EST Reads: 1,932
The 3rd International Internet of @ThingsExpo, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that its Call for Papers is now open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than 20 years ago.
Dec. 27, 2014 11:00 AM EST Reads: 7,172
SAP is delivering break-through innovation combined with fantastic user experience powered by the market-leading in-memory technology, SAP HANA. In his General Session at 15th Cloud Expo, Thorsten Leiduck, VP ISVs & Digital Commerce, SAP, discussed how SAP and partners provide cloud and hybrid cloud solutions as well as real-time Big Data offerings that help companies of all sizes and industries run better. SAP launched an application challenge to award the most innovative SAP HANA and SAP HANA...
Dec. 27, 2014 11:00 AM EST Reads: 2,114
Connected devices and the Internet of Things are getting significant momentum in 2014. In his session at Internet of @ThingsExpo, Jim Hunter, Chief Scientist & Technology Evangelist at Greenwave Systems, examined three key elements that together will drive mass adoption of the IoT before the end of 2015. The first element is the recent advent of robust open source protocols (like AllJoyn and WebRTC) that facilitate M2M communication. The second is broad availability of flexible, cost-effective ...
Dec. 27, 2014 11:00 AM EST Reads: 1,991
Scott Jenson leads a project called The Physical Web within the Chrome team at Google. Project members are working to take the scalability and openness of the web and use it to talk to the exponentially exploding range of smart devices. Nearly every company today working on the IoT comes up with the same basic solution: use my server and you'll be fine. But if we really believe there will be trillions of these devices, that just can't scale. We need a system that is open a scalable and by using ...
Dec. 27, 2014 11:00 AM EST Reads: 2,148
How do APIs and IoT relate? The answer is not as simple as merely adding an API on top of a dumb device, but rather about understanding the architectural patterns for implementing an IoT fabric. There are typically two or three trends: Exposing the device to a management framework Exposing that management framework to a business centric logic Exposing that business layer and data to end users. This last trend is the IoT stack, which involves a new shift in the separation of what stuff happe...
Dec. 27, 2014 10:00 AM EST Reads: 2,112