Product Developments to Drive Global Cold Chain Equipment Market

Global cold chain equipment market is anticipated to grow at a CAGR of 18.5% during the forecast period (2024–2031). The rising demand for frozen and chilled consumables globally has driven the demand for the global cold chain equipment market. To meet the growing demand for advanced cold chain equipment key players are introducing advanced products through investment in R&D or by mergers and collaborations.

Browse the full report description of “Cold Chain Equipment Market Size, Share & Trends Analysis Report by Type (Refrigerated Storage, and Transportation), and by Industry Vertical (Pharmaceuticals, Food and Beverage, Chemicals, and Others) Forecast Period (2024-2031)” at https://www.omrglobal.com/industry-reports/cold-chain-equipment-market

Recent developments

• In March 2024, Blue Star Ltd. announced the launch of a comprehensive new range of energy-efficient and eco-friendly deep freezers with capacities ranging from 60 to 600 liters to cater to a wide range of customer segments, including QSRs (Quick Service Restaurants), processed foods, retail outlets, and others for a variety of applications. The new range of deep freezers provides more storage, increased cooling capacity, and advanced technology that provides greater heat transfer for efficient chilling. 

• In July 2023, Panasonic Corp. announced its decision to invest in DayBreak Co., Ltd. (hereinafter referred to as DayBreak), a solution provider specializing in special freezing technology, via a corporate venture capital fund known as the Panasonic Kurashi Visionary Fund, which is jointly managed by Panasonic and SBI Investment Co., Ltd. DayBreak's unique freezer solutions aim to address labor shortages, food loss, freshness preservation, and other food-related issues to ensure a brighter future.

Market Coverage  

· The market number available for 2024-2031 

· Base year: 2023 

· Forecast period: 2024-2031 

· Segment Covered- 

o By Type

o By Industry Vertical

· Regions Covered- 

o North America 

o Europe 

o Asia-Pacific 

o Rest of the World

• Competitive Landscape: Blue Star Ltd., Carrier Global Corp., Daikin Industries Ltd., Honeywell International Inc., and Linde plc among others.

Key questions addressed by the report 

• What is the market's growth rate? 
• Which segment and region dominate the market in the base year? 
• Which segment and region will project the fastest growth in the market? 
• Who is the leader in the market? 
• How are players addressing challenges to sustain growth? 
• Where is the investment opportunity? 

Global Cold Chain Equipment Market Report Segment 

By Type

• Refrigerated Storage
• Transportation

By Industry Vertical

• Pharmaceuticals
• Food and Beverage
• Chemicals
• Others (Brewery, Healthcare)

Global Cold Chain Equipment Market Report Segment by Region 

North America 

· United States 

· Canada 

Europe 

· UK 

· Germany 

· Italy 

· Spain 

· France 

· Rest of Europe 

Asia-Pacific 

· China 

· India 

· Japan 

· South Korea 

· Rest of Asia-Pacific 

Rest of the World 

· Latin America

· The Middle East and Africa

To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/cold-chain-equipment-market