Freedonia In The News

Article Title: Demand for Refrigeration Equipment to Increase
By: Peter Powell
Publication: The News, 7/28/2014
Freedonia Study: Commercial Refrigeration Equipment (3159)

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Contractors and service technicians involved in refrigeration work could be seeing a step up in business. In a report issued in mid-2014, a research company called The Freedonia Group (www.freedoniagroup.com) said that demand for commercial refrigeration equipment in the United States is expected to increase 3.1 percent per year through 2018 to $10.7 billion. But those strictly involved in stationary equipment should be aware that the largest growth, according to the report, will be in transport refrigeration. According to the report, “Advances will be driven by an improving capital investment climate and expected growth in the foodservice and food retail sectors.”
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