
Commercial Refrigeration Equipment
Description
Commercial Refrigeration Equipment
The US commercial refrigeration equipment market will register average yearly growth of 3.1 percent per year through 2020, reaching $11.3 billion. Equipment sales will be supported by the 2020 phase-out of R-22 and the beginning of a phase-out schedule for HFCs, the first of which occurred in July 2016.
This report segments the commercial refrigeration equipment industry by product and market. Data is provided in million US dollars.
Commercial refrigeration equipment products include:
Transportation Refrigeration Systems
Refrigerators & Freezers
Beverage Refrigeration Equipment
Display Cases
Ice Machines
Cryogenic Equipment
Liquid Chillers
Vending Machines
Other Commercial Refrigeration Equipment
Parts
Transportation refrigeration systems will continue to comprise the largest share of demand in 2020, accounting for 21 percent of the market. Beverage refrigeration equipment and display cases will achieve the fastest growth. Beverage refrigeration equipment sales will stem from anticipated gains foodservice revenues, while changing refrigerant regulations will stimulate the sale of display cases.
Major commercial refrigeration equipment markets include:
Foodservice
Food & Beverage Retail
Food & Beverage Distribution
Food & Beverage Production
Other Markets
Foodservice was the leading market for commercial refrigeration equipment in 2015 with 30 percent of demand. The foodservice market will also record the fastest growth through 2020. The foodservice market utilizes a wide array of commercial refrigeration equipment products and the rising number of meals purchased outside the home will continue to stimulate equipment investment.
The US commercial refrigeration equipment is dominated by a small number of large firms. Leading suppliers include Crane, Dover, Hoshizaki, Hussmann, Lennox, Manitowoc Foodservice, Illinois Tool Works, Ingersoll-Rand, Sanden, Standex, True Manufacturing, and United Technologies.
The US commercial refrigeration equipment market will register average yearly growth of 3.1 percent per year through 2020, reaching $11.3 billion. Equipment sales will be supported by the 2020 phase-out of R-22 and the beginning of a phase-out schedule for HFCs, the first of which occurred in July 2016.
This report segments the commercial refrigeration equipment industry by product and market. Data is provided in million US dollars.
Commercial refrigeration equipment products include:
Transportation Refrigeration Systems
Refrigerators & Freezers
Beverage Refrigeration Equipment
Display Cases
Ice Machines
Cryogenic Equipment
Liquid Chillers
Vending Machines
Other Commercial Refrigeration Equipment
Parts
Transportation refrigeration systems will continue to comprise the largest share of demand in 2020, accounting for 21 percent of the market. Beverage refrigeration equipment and display cases will achieve the fastest growth. Beverage refrigeration equipment sales will stem from anticipated gains foodservice revenues, while changing refrigerant regulations will stimulate the sale of display cases.
Major commercial refrigeration equipment markets include:
Foodservice
Food & Beverage Retail
Food & Beverage Distribution
Food & Beverage Production
Other Markets
Foodservice was the leading market for commercial refrigeration equipment in 2015 with 30 percent of demand. The foodservice market will also record the fastest growth through 2020. The foodservice market utilizes a wide array of commercial refrigeration equipment products and the rising number of meals purchased outside the home will continue to stimulate equipment investment.
The US commercial refrigeration equipment is dominated by a small number of large firms. Leading suppliers include Crane, Dover, Hoshizaki, Hussmann, Lennox, Manitowoc Foodservice, Illinois Tool Works, Ingersoll-Rand, Sanden, Standex, True Manufacturing, and United Technologies.
Table of Contents
275 Pages
- INTRODUCTION
- US COMMERCIAL REFRIGERATION EQUIPMENT DEMAND
- General
- Macroeconomic Environment
- Demographic Outlook
- Personal Income & Expenditure Trends
- Nonresidential Building Construction
- Retail Sales
- Pricing
- Historical Market Trends
- Regulatory & Environment Issues
- Technology
- World Commercial Refrigeration Equipment Trends
- US Foreign Trade
- General
- Transportation Refrigeration Systems
- Refrigerators & Freezers
- Beverage Refrigeration Equipment
- Display Cases
- Ice Machines
- Cryogenic Equipment
- Liquid Chillers
- Refrigerated Vending Machines
- Other Commercial Refrigeration Equipment
- Commercial Refrigeration Equipment Parts
- General
- New & Aftermarket
- Foodservice
- Food & Beverage Retail
- Food & Beverage Distribution
- Food & Beverage Production
- Other Markets
- General
- Market Share
- Product Development & Manufacturing
- Marketing & Distribution
- Mergers & Acquisitions
- Cooperative Agreements
- Company Profiles
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.