This study analyzes the US commercial refrigeration equipment industry. It presents historical demand data (1999, 2004, 2009) and forecasts for 2014 and 2019 by market (e.g., foodservice, food and beverage retail, food and beverage distribution, food and beverage production) and product (e.g., transportation refrigeration systems, beverage refrigeration equipment, display cases, reach-in refrigerators and freezers). The study also considers market environment factors, evaluates company market share and profiles industry players.

US demand for drilling products and services will rise 8.1 percent annually through 2014, as oil and gas drilling activity benefit from relatively high oil prices and US efforts to reduce reliance on foreign energy sources. Services will account for most gains, driven mainly by the high cost of drilling marginal wells.

Global bearing demand will increase 8.5 percent annually through 2014. Unmounted bearings will continue to account for the majority of sales. The Asia/Pacific region will post the strongest gains, led by China. The motor vehicle and machinery markets will remain the largest sources of demand.

Global demand for light vehicle OEM automotive sensors will advance 11.8 percent annually through 2014. North America will be the fastest growing region, far outpacing the Asia/Pacific and other regions based on a rebounding US market and higher per-vehicle sensor revenues.

Demand for batteries in China will grow 8.5 percent annually through 2013. Growth will be driven by increasing output of battery-powered products and an ongoing shift toward value-added batteries for export. Secondary batteries will grow nearly twice as fast as primary batteries, driven by transportation markets.

US demand for membrane materials will rise 8 percent per year through 2014. Nonpolymeric membranes will outpace the dominant polymeric segment. Ultrafiltration and reverse osmosis types will be the fastest growing. Chemical processing and pharmaceutical/medical markets will offer the best opportunities.

Demand for packaging machinery in China will grow 8.7 percent yearly through 2014, driven by growth in packaged food and beverages, drugs and personal care products. Filling and form/fill/seal equipment will remain the largest segment, while labeling and coding types grows the fastest.

Global demand for HVAC equipment will rise 6.2 percent annually through 2014. China will be the fastest growing market and comprise about 40 percent of new growth. Despite a modest outlook initially, US demand will rise 8.1 percent annually. Cooling equipment will continue to outpace heating equipment worldwide.

US food safety product demand will rise 6.7 percent annually through 2014, driven by food safety concerns and regulations. The food and beverage processing market will remain dominant, led by the beverage segment. Disinfection and diagnostic products will continue as the most common types, while smart labels and tags will see the fastest growth.

Global gear demand will climb 4.7 percent annually through 2013, driven in part by a shift toward more expensive, energy-efficient units. China and India will register some of the strongest market advances, with China expected to claim one-third of all new demand and pass Japan as the second largest market behind the US.