Global Glass Top Display Freezers Market 2017-2021
About Glass Top Display Freezers
Glass top display freezer is a refrigeration equipment, which has a door at the top that is made of glass to ensure visibility of the products stored inside. Glass top display freezers are mainly used to generate revenue through the point-of-sale technique. Unlike freezers that have a glass door and more length, and are also called vertical freezers, glass top display freezers are horizontal in nature due to their extra width. They are sometimes also referred to as horizontal freezers. These freezers are mostly used for storing perishable items such as frozen food and take-home ice cream.
Technavio’s analysts forecast the global glass top display freezers market to grow at a CAGR of 4.94% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global glass top display freezers market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Glass Top Display Freezers Market 2017-2021
Technavio recognizes the following companies as the key players in the global glass top display freezers market: AHT Cooling Systems, Beverage-Air, Excellence Industries, Master-Bilt, and Nor-Lake.
Other Prominent Vendors in the market are: Alamo Refrigeration, Avantco Refrigeration, Avanti Products, Blue Star, Bromic Refrigeration, Liebherr, Middleby Celfrost, Premium, Rockwell Industries, and Voltas.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Increasing focus on better insulation and energy efficiency. Many end-users opt for hard top freezers as they offer better insulation compared to glass top display freezers. Though glass top display freezers offer better visibility, the insulation provided is comparatively less. Glass top display freezers also have low energy efficiency as they use a large amount of energy to maintain a consistent temperature. Thus, many vendors are introducing glass top display freezers with many features that lead to better insulation and high energy efficiency. During the forecast period, such features may influence the demand for glass top display freezers.”
According to the report, one of the major drivers for this market is Growing preference for energy-efficient models. In an environment where operators such as supermarkets, ice cream parlors, and others are focusing on cutting costs, energy-efficient models of glass top display freezers play a critical role. On an average, supermarkets in the US consume around 52.1 kilowatts per hour of electricity per square feet per year. This translates to electricity bills of around $215,000 per year. As a result, the preference for energy-efficient models is increasing, and during the forecast period, this will influence the market growth. For instance, AHT Cooling Systems' MACAO Series uses RPM regulated compressor technology and electronic energy-saving fan, which results in significant energy savings.
Further, the report states that one of the major factors hindering the growth of this market is Prevailing and growing market for hard top freezers. Hard top freezers provide more insulation than glass top display freezers, and food products stored in hard top freezers remain fresh for longer in comparison to glass top display freezers. Further, due to the high insulation, hard top freezers are considered to be more energy-efficient than glass top display freezers. Thus, foodservice establishments generally store food ingredients in hard top freezers.
AHT Cooling Systems, Beverage-Air, Excellence Industries, Master-Bilt, Nor-Lake, Alamo Refrigeration, Avantco Refrigeration, Avanti Products, Blue Star, Bromic Refrigeration, Liebherr, Middleby Celfrost, Premium, Rockwell Industries, and Voltas.
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