Global demand for commercial refrigeration equipment is projected to rise 5.2 percent annually through 2014. Demand will benefit from an acceleration in the key US market and above-average growth in the Asia/Pacific region. Beverage equipment will post the fastest gains among products.
This study analyzes the $23.1 billion world commercial refrigeration equipment industry. It presents historical demand data for the years 1999, 2004 and 2009, and forecasts for 2014 and 2019 by product (e.g., reach-in and walk-in coolers and freezers, display cases, beverage refrigeration equipment, ice machines, refrigerated vending machines), world region and for 27 countries.
The study also considers market environment factors, details industry structure, evaluates company market share and profiles 53 industry players, including Ingersoll-Rand, United Technologies and Hoshizaki.