Thursday, 27 June 2019

Open Display Refrigerator Market Scope and Opportunities Analysis 2018 - 2026

Open display refrigerator is designed to display and store frozen and/or chilled foodstuff. These refrigerators are used to keep drinks and foodstuff at frozen and chilled temperatures. There are different designs of open display refrigerators, enabling the customer to view the foodstuff stored in the cabinet either through an opening in the cabinet or through a transparent lid or door. The two main types of open display refrigerators are plug in and remote. Plug in are the open display refrigerators with integral refrigeration systems (i.e. incorporating a condensing unit and compressor), while remote open display refrigerators are designed to work with a non-integral refrigeration system, that is where the condenser and compressor, or all or parts of the refrigeration system are located at a different location from the cabinet. Food retail stores such as supermarkets and convenience stores use large open refrigerating display cases. These cases have been developed with features such as self-service and modernized cold-state distribution for perishable food.

The open display refrigerator market is expected to expand at a good growth rate in the coming years. Emergence of supermarkets and fast food chains, changing food consumption trends in the world, and growing preference for open display refrigerators are the key factors that are projected to drive the open display refrigerator market over the forecast period. Changing eating habits and the rise in prepared and semi-prepared food (daily dishes) due to an increase in the proportion of working women necessitates ease in the purchase and selection of goods. This leads to importance of displays and stage effects of the refrigerating display cases, which is driving the open display refrigerator market.

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In addition, significant increase in the number of hypermarkets, supermarkets, and organized retail chains that have opened around the globe is boosting the open display refrigerator market. In developing countries where the concept of hypermarkets, supermarkets, and organized retail chains is relatively new, the need for energy efficient commercial refrigeration is high. Moreover, the increase in the number of organized ice cream parlors has increased demand for replacements of and upgrades to open display refrigerators. The food service industry comprising restaurants, commercial kitchens, takeaways, and fast food outlets has a strong focus on food safety, which places clear requirements on food storage. The requirement to store food at low temperatures drives the market for open display refrigerators.

However, compressor failure is a major cause of concern in the refrigeration industry. This can be due to electrical problems, contamination, loss or lack of lubrication, flood back, and overheating. Failure to maintain compressor pressure can also lead to failure of the compressor, which can spoil the food items stored in the freezer and cause economic loss. These problems can be avoided by inspecting the commercial ice cream freezer and taking corrective actions.

The open display refrigerator market can be segmented on the basis of type, structure, application, and region. Based on type, the open display refrigerator market has been segmented into plug in open display refrigerator and remote open display refrigerator. In terms of structure, open display refrigerators have been classified into vertical and horizontal. In terms of application, the open display refrigerator market has been segmented into hypermarket/supermarkets, bars & restaurants, ice cream shops, bakery, and others. Based on region, the open display refrigerator market has been divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America.

Some of the key players operating in the global open display refrigerator market are Hussmann Corporation, Arneg India, Afinox srl, HillPhoenix, Beverage Air, Williams, Nakano Refrigerators Co., Ltd, Zero Zone, Inc., Lennox International, Inc., Sanden Corporation, and Marvel. Because of serious competition between stores, open display refrigerators now strongly require not only a reduction in initial expenditure and running cost but also high display efficiency and stage effects so that the merchandise excites customer interest. Open display refrigerator manufacturers are focusing on meeting these requirements.

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