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Europe Storage Refrigeration Monitoring Market Size, Share & Industry Trends Analysis Report By Industry, By Application, By Component (Compressor, Condenser, Evaporator, Expansion Valve), By System Type, By Country and Growth Forecast, 2023 - 2030

Publisher Knowledge Based Value (KBV) Research
Published Jul 31, 2023
Length 145 Pages
SKU # KBV18138578

Description

Europe Storage Refrigeration Monitoring Market Size, Share & Industry Trends Analysis Report By Industry, By Application, By Component (Compressor, Condenser, Evaporator, Expansion Valve), By System Type, By Country and Growth Forecast, 2023 - 2030


The Europe Storage Refrigeration Monitoring Market would witness market growth of 7.9% CAGR during the forecast period (2023-2030).

Monitoring systems often warn and notify responsible staff in real-time when temperature or other metrics exceed predetermined thresholds. This enables prompt remedial actions to be performed, such as modifying the cooling settings, fixing misplaced equipment, or moving the perishable commodities to an exceptional storage facility. In order to prevent product spoiling, preserve product quality, and guarantee adherence to company policies and regulations, accurate and consistent storage refrigeration monitoring is essential. Through the improvement of cooling effectiveness and the identification and correction of equipment flaws or inefficiencies, it also plays a significant role in lowering power consumption and operating costs.

Continuous technological advances are advantageous for the market. The creation of smart monitoring systems has been made possible by innovations like cloud computing, the Internet of Things (IoT), and wireless connectivity. These systems can monitor refrigeration units in real-time, analyze data, and regulate them remotely, improving productivity, precision, and convenience. The use of cutting-edge technologies creates fresh opportunities for improving storage refrigeration management.

The region's food industry is mostly driven by the rising demand for fast food and ready-to-eat meals. The development is also aided by innovative flavors, cutting-edge technologies, and significant funding for meat product research and development. The exhibitors cover the entire process chain from the creation, filling, and packaging of liquid meals and beverages through to marketing, and they are all represented by raw materials, beverage ingredients, and logistical solutions. As a result, the regional governments have intensified their focus on food safety measures, which has increased the demand for storage refrigeration monitoring.

The Germany market dominated the Europe Storage Refrigeration Monitoring Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1.0 billion by 2030. The UK market is poised to grow at a CAGR of 7% during (2023 - 2030). Additionally, The France market would witness a CAGR of 8.7% during (2023 - 2030).

Based on Industry, the market is segmented into Food & Beverages, Healthcare, Chemical & Pharmaceuticals, Residential, and Others. Based on Application, the market is segmented into Fresh Fruits & Vegetables, Beverages, Medical & Pharmaceutical Products, Dairy & Icecream, Meat, and Others. Based on Component, the market is segmented into Compressor, Condenser, Evaporator, Expansion Valve, and Others. Based on System Type, the market is segmented into Software, Hardware, and Services. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Carrier Global Corporation (Sensitech, Inc.), Raytheon Technologies Corporation, Evapco, Inc., The Danfoss Group, Daikin Industries Ltd., Emerson Electric Co., GEA Group AG, Ingersroll Rand, Inc., Johnson Controls International PLC, Mayekawa Mfg. Co., Ltd.

Scope of the Study

Market Segments covered in the Report:

By Industry
  • Food & Beverages
  • Healthcare
  • Chemical & Pharmaceuticals
  • Residential
  • Others
By Application
  • Fresh Fruits & Vegetables
  • Beverages
  • Medical & Pharmaceutical Products
  • Dairy & Icecream
  • Meat
  • Others
By Component
  • Compressor
  • Condenser
  • Evaporator
  • Expansion Valve
  • Others
By System Type
  • Software
  • Hardware
  • Services
By Country
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
Companies Profiled
  • Carrier Global Corporation (Sensitech, Inc.)
  • Raytheon Technologies Corporation
  • Evapco, Inc.
  • The Danfoss Group
  • Daikin Industries Ltd.
  • Emerson Electric Co.
  • GEA Group AG
  • Ingersroll Rand, Inc.
  • Johnson Controls International PLC
  • Mayekawa Mfg. Co., Ltd.
Unique Offerings from KBV Research
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  • Highest number of market tables and figures
  • Subscription based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

145 Pages
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Storage Refrigeration Monitoring Market, by Industry
1.4.2 Europe Storage Refrigeration Monitoring Market, by Application
1.4.3 Europe Storage Refrigeration Monitoring Market, by Component
1.4.4 Europe Storage Refrigeration Monitoring Market, by System Type
1.4.5 Europe Storage Refrigeration Monitoring Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Forces Analysis
Chapter 4. Strategies Deployed in Storage Refrigeration Monitoring Market
Chapter 5. Europe Storage Refrigeration Monitoring Market by Industry
5.1 Europe Food & Beverages Market by Country
5.2 Europe Healthcare Market by Country
5.3 Europe Chemical & Pharmaceuticals Market by Country
5.4 Europe Residential Market by Country
5.5 Europe Others Market by Country
Chapter 6. Europe Storage Refrigeration Monitoring Market by Application
6.1 Europe Fresh Fruits & Vegetables Market by Country
6.2 Europe Beverages Market by Country
6.3 Europe Medical & Pharmaceutical Products Market by Country
6.4 Europe Dairy & Icecream Market by Country
6.5 Europe Meat Market by Country
6.6 Europe Others Market by Country
Chapter 7. Europe Storage Refrigeration Monitoring Market by Component
7.1 Europe Compressor Market by Country
7.2 Europe Condenser Market by Country
7.3 Europe Evaporator Market by Country
7.4 Europe Expansion Valve Market by Country
7.5 Europe Others Market by Country
Chapter 8. Europe Storage Refrigeration Monitoring Market by System Type
8.1 Europe Software Market by Country
8.2 Europe Hardware Market by Country
8.3 Europe Services Market by Country
Chapter 9. Europe Storage Refrigeration Monitoring Market by Country
9.1 Germany Storage Refrigeration Monitoring Market
9.1.1 Germany Storage Refrigeration Monitoring Market by Industry
9.1.2 Germany Storage Refrigeration Monitoring Market by Application
9.1.3 Germany Storage Refrigeration Monitoring Market by Component
9.1.4 Germany Storage Refrigeration Monitoring Market by System Type
9.2 UK Storage Refrigeration Monitoring Market
9.2.1 UK Storage Refrigeration Monitoring Market by Industry
9.2.2 UK Storage Refrigeration Monitoring Market by Application
9.2.3 UK Storage Refrigeration Monitoring Market by Component
9.2.4 UK Storage Refrigeration Monitoring Market by System Type
9.3 France Storage Refrigeration Monitoring Market
9.3.1 France Storage Refrigeration Monitoring Market by Industry
9.3.2 France Storage Refrigeration Monitoring Market by Application
9.3.3 France Storage Refrigeration Monitoring Market by Component
9.3.4 France Storage Refrigeration Monitoring Market by System Type
9.4 Russia Storage Refrigeration Monitoring Market
9.4.1 Russia Storage Refrigeration Monitoring Market by Industry
9.4.2 Russia Storage Refrigeration Monitoring Market by Application
9.4.3 Russia Storage Refrigeration Monitoring Market by Component
9.4.4 Russia Storage Refrigeration Monitoring Market by System Type
9.5 Spain Storage Refrigeration Monitoring Market
9.5.1 Spain Storage Refrigeration Monitoring Market by Industry
9.5.2 Spain Storage Refrigeration Monitoring Market by Application
9.5.3 Spain Storage Refrigeration Monitoring Market by Component
9.5.4 Spain Storage Refrigeration Monitoring Market by System Type
9.6 Italy Storage Refrigeration Monitoring Market
9.6.1 Italy Storage Refrigeration Monitoring Market by Industry
9.6.2 Italy Storage Refrigeration Monitoring Market by Application
9.6.3 Italy Storage Refrigeration Monitoring Market by Component
9.6.4 Italy Storage Refrigeration Monitoring Market by System Type
9.7 Rest of Europe Storage Refrigeration Monitoring Market
9.7.1 Rest of Europe Storage Refrigeration Monitoring Market by Industry
9.7.2 Rest of Europe Storage Refrigeration Monitoring Market by Application
9.7.3 Rest of Europe Storage Refrigeration Monitoring Market by Component
9.7.4 Rest of Europe Storage Refrigeration Monitoring Market by System Type
Chapter 10. Company Profiles
10.1 Carrier Global Corporation (Sensitech, Inc.)
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expenses
10.1.5 SWOT Analysis
10.2 Raytheon Technologies Corporation
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expense
10.2.5 SWOT Analysis
10.3 Evapco, Inc.
10.3.1 Company Overview
10.3.2 Recent strategies and developments:
10.3.2.1 Acquisition and Mergers:
10.3.3 SWOT Analysis
10.4 The Danfoss Group
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expenses
10.4.5 Recent strategies and developments:
10.4.5.1 Partnerships, Collaborations, and Agreements:
10.4.5.2 Acquisition and Mergers:
10.4.6 SWOT Analysis
10.5 Daikin Industries Ltd.
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Research & Development Expenses
10.5.5 Recent strategies and developments:
10.5.5.1 Product Launches and Product Expansions:
10.5.5.2 Acquisition and Mergers:
10.5.5.3 Partnerships, Collaborations, and Agreements:
10.5.6 SWOT Analysis
10.6 Emerson Electric Co.
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expense
10.6.5 SWOT Analysis
10.7 GEA Group AG
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental and Regional Analysis
10.7.4 Research & Development Expense
10.7.5 SWOT Analysis
10.8 Ingersoll Rand, Inc.
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental and Regional Analysis
10.8.4 Research & Development Expenses
10.8.5 SWOT Analysis
10.9 Johnson Controls International PLC
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Segmental & Regional Analysis
10.9.4 Research & Development Expenses
10.9.5 Recent strategies and developments:
10.9.5.1 Acquisition and Mergers:
10.9.5.2 Product Launches and Product Expansions:
10.9.6 SWOT Analysis
10.10. Mayekawa Mfg. Co., Ltd.
10.10.1 Company Overview
10.10.2 SWOT Analysis

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