Commercial Refrigeration Equipment Market: Global Industry Analysis, Size, Share, Growth, Trends, And Forecast 2017 - 2025
The analysts of a recent business intelligence study by Transparency Market Research (TMR) has detected that the commercial refrigeration equipment market in the region of Latin America is consolidated in nature, with merely six companies accounting for about 92% of the total shares in 2016. The six companies, viz. Metalfrio Solutions, Illinois Tool Works, United Technologies Corp., Dover Corp., Daikin Industries Ltd., and Lennox International, are expected to maintain their stronghold over the competitive landscape in the near future too, while the competition among them will remain intense at the same time. For these six market leaders in the Latin America commercial refrigeration equipment market, the emphasis is expected to remain on strengthening of their supply chain, particularly in the important countries of Mexico, Brazil, and Argentina. Development and launches of new products that meet diverse demands is another mode for the market leaders to gain ground ov...