Refrigeration Innovation-1, Project #14463

Project Details
Project Name :

Refrigeration Innovation-1, Project #14463

Project Category :

Uriel Corporation® (DBA: "Epic Ventures™") Projects

Description :

Refrigerators - Worldwide

  • The revenue generated in the Refrigerators market in 2024 is estimated to be US$120.60bn worldwide.
  • It is projected to experience an annual growth rate of 4.04% (CAGR 2024-2028).
  • In terms of global comparison, in China leads the way with revenue of US$32,170m in 2024.
  • When considering the total number of households, the per household revenue in the Refrigerators market is predicted to be US$53.91 in 2024.
  • Looking ahead to 2028, the volume of the Refrigerators market is expected to reach 206.4m pieces units.
  • Furthermore, it is anticipated to exhibit a volume growth of 2.1% in 2025.
  • On average, each household is expected to have a volume of 0.09pieces units in the Refrigerators market in 2024.
  • The demand for energy-efficient refrigerators is on the rise worldwide, with countries like Germany leading the way in promoting sustainable practices.

Source: https://www.statista.com/household-appliances/major-appliances/refrigerators/worldwide

Commercial Refrigeration System Market Snapshot (2022 to 2032)

The commercial refrigeration system market is projected to grow to US$ 79,711.2 Million in 2032. The demand for advanced and compact refrigeration systems is rising with increasing funding for the development of cold chain infrastructure in developing countries and growing demand for frozen foods across the globe. These are the factors that are contributing to the growth of the commercial refrigeration system market.

According to FMI, the global commercial refrigeration system market is anticipated to develop at a CAGR of 4.8% from US$ 49,915.7 Million in 2022 to 2032.

Source: https://www.futuremarketinsights.com/commercial-refrigeration-system-market

Global Market Size, Forecast, and Trend Highlights Over 2023-2035

Industrial Refrigeration Market Size is expected to USD 55.75 Billion by 2035, growing at a CAGR of 8.30% from 2023 to 2035. In the year 2022, the industry size of industrial refrigeration was USD 21.42 Billion. Furthermore, the market size is stated to grow steadily with a 8.30% CAGR over the forecast period, i.e. 2023 - 2035. The rising demand for processed and packaged food items is surging the use of industrial refrigeration to prevent food from spoiling. The revenue generated from the global sales of packaged food amounted to more than USD 2 trillion in 2019.

SOURCE: https://www.researchnester.com/industrial-refrigeration-market/4970

Requirements For National, Regional, or Global Commercialization:

1) Global Intellectual Property Cooperative Development Agreements. (To Be Discussed.)

2) Patent Litigation & Defense Fund/Insurance Cooperative Agreements. (To Be Discussed.)

3) Engineering, Development & Prototyping Cooperative Agreements. Estimated time required = 6 months to a year. (To Be Discussed.)

4) Key Executive & Project Commercialization Team Agreements, Employee Agreements, Recruiting Firm Agreements, Third-Party Operations Management Agreements, Installation & Service Technician Agreements, Warranty Services Agreements, and other Third-Party Consulting Agreements. (To Be Discussed.)

5) Production Manufacturing & Tooling Agreements. (To Be Discussed.)

6) Internal and External Marketing & Sales Agreements. (To Be Discussed.)

7) Website Development & Management Agreements; Social Media Development & Management Agreements; Online Advertising & Public Relations Agreements; E-commerce & E-Store Development & Management Agreements. (To Be Discussed.)

8) Distribution, E-Store, Manufacturing Rep, and Channel Partners Alliance Partner Agreements. (To Be Discussed.)

9) Equity Crowd Funding Platform Agreements; Fund-Raising Agreements; Loan, Credit Line, or other Financing Agreements; Business Broker Agreements, Merger & Acquisition Advisory Agreements, and or other related Agreements. (To Be Discussed.)

*NOTICE: Further Agreements or Other Agreements may be required for National, Regional, or Global Commercialization that may pertain to the project above. The Agreements shown above are only general requirements. Please further note that Uriel Corporation® (DBA: Epic Ventures™) reserves the right to cancel, abandon or withdraw, edit, amend, or replace this project for another project at its sole discretion. Uriel Corporation® (DBA: Epic Ventures™) reserves the right to remove this project from its activities, from its commercialization interests and from its pursuits. Please note that a listing on this site does not guarantee that this project will be commercially available, nor does a listing on this website guarantee that Uriel Corporation® (DBA: Epic Ventures™) will pursue any actual or potential collaborations with third parties. A project listing on this site does not guarantee that third parties will be able to participate in the commercial pursuit of this project or related ventures. Collaborations that might result from this listing are not guaranteed to succeed. Collaborators that wish to work with Uriel Corporation® (DBA: Epic Ventures™) on this project do so entirely at their own risk. Collaborators are urged to perform their own proper due diligence and they are urged to seek their own counsel to determine whether they should participate in this commercialization venture. All information, documents, designs, plans or other materials that may be obtained or communicated from Uriel Corporation® (DBA: Epic Ventures™) that may pertain to this project are the property of Uriel Corporation® (DBA: Epic Ventures™) and may be used by the recipient only for the purposes specifically intended by Uriel Corporation® (DBA: Epic Ventures™). The information that may be transmitted, including any emails, attachments, phone communications, faxes, snail mail, virtual meetings, physical meetings, or communications otherwise, is intended only for the person or entity to which it is addressed and may contain confidential and/or privileged material. Any review, re-transmission, dissemination, or other use of, or taking of any action in reliance upon, this information by persons or entities other than the intended recipient is prohibited, and all liability arising therefrom is disclaimed. All collaborators shall agree to enter into NDAs/Non-Compete Agreements that will be required before any collaborations related to this project are further formalized in writing.