World refrigeration trends edited
Transcript of World refrigeration trends edited
World Refrigeration
– 2011-2016
January 2014
Anette Meyer
Holley
2 Excellence in Market Intelligence
The Output
2
3 Excellence in Market Intelligence
Definitions and double counting
3
compressors OEM – no
double count
Condensing
units
Racks/packs
Evaporator &
refrigeration
units
Heat
exchangers
OEM/local ref companies buying
from OEM outside
country – no
double count
Double
counting
no double
count
Double
counting
4 Excellence in Market Intelligence
Global drivers
4
Importance
Degree of Adoption
low
high
med
high
med
• In EU countries supermarkets and energy efficiency are key
• In India, China and Brazil, improving the food chain is a main driver
EU Legislation/
Outlawing of R22;
Directive 2009/125/EC on
Ecodesign1 a framework
for energy reduction
Supermarkets –
Energy Efficiency/
Green credentials
Improve food
chain/avoid
waste
Discount
stores – Lidl,
Aldi etc.
Smaller
supermarkets
Design
Reliability
R744 vending
machines
Quick
installation
Price of
Copper
Reduce noise
levels
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Penetration of inverters, new compressors % by
volume, 2012 and 2016
5
0
10
20
30
40
50
60
70
80
90
100
Light 2012 Light 2016 Heavy 2012 Heavy 2016 Industrial 2012 Industrial 2016
UK
France
Germany
Italy
Russia
China
Brazil
India
USA
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Overview by country & product, by value (US$)
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Total: 30,967.1 US$ million
12%
35%
5% 6% 3%
6% 7% 5%
21%
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The players
Compressors
Racks & packs
Condensing units
Evaporator/refrigeration units
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Global
Local
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End user sectors
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• Food manufacturing, food distribution and storage and food retailing/ etc
account for the bulk of refrigeration – approximately 75% in the US
Pharmaceutical Petro-Chemical Marine Leisure Building services
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Growth in refrigeration, by country, by value, CAGR
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2013 total: 30,967.1 US$ million
14.5%
8.5%
7.5%
7%
4%
3.5%
2.5%
2.5%
1.5%
10 Excellence in Market Intelligence
Growth in refrigeration, by country, by value, CAGR
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2013 total: 30,967.1 US$ million
7.1%
6.6%
6.1%
5.7%
5.4%
5.2%
11 Excellence in Market Intelligence
Contact details
11