The market for refrigerated display cases (RDC), both plug-in and remote, is expected to exceed USD16bn by 2019, on a global scale.
Currently, the worldwide market for RDCs is estimated at close to USD9bn and could double in the next six years, according to a report by Transparency Market Research (TMR).
The market growth is driven by increased demand for replacement and new equipments from retail sector across the globe. Use of RDCs as merchandisers and storage alternatives is seen as an emerging trend and is expected to drive the market growth in near future.
The report mentions that the global RDCs market growth is forecast to be driven by demand for plug-in or self-contained systems as compared to remote systems. “Features such as capital cost saving, freedom to move them as per store layout, reduced time to install, and low turn-around time for new stores, are helping in large scale adoption of plug-ins against remote RDCs, which are preferred by large size stores or those with limited floor space,” says TMR.
On the basis of product design, ‘vertical – front open’ RDCs are estimated to dominate the market throughout the forecast period 2013 – 2019, accounting for 67.8% of global RDCs market growth. Horizontal or island RDCs and other types (semi-vertical/hybrid) are forecast to record comparatively slow growth.