Global demand for commercial refrigeration equipment will rise 4.6 percent annually through 2012. Developing nations will register the strongest gains, especially those in Latin America and Asia. The US will remain the largest market, as replacement demand continues to create opportunities.
This study analyzes the $23.4 billion global commercial refrigeration equipment industry. It presents historical demand data for the years 1997, 2002 and 2007, and forecasts for 2012 and 2017 by product (e.g., reach-in and walk-in coolers and freezers, display cases, beverage refrigeration equipment, ice machines), world region (e.g., Asia/Pacific, North America, Western Europe) and for 27 countries.
The study also considers market environment factors, details industry structure, evaluates company market share and profiles 48 industry players, including United Technologies, Ingersoll-Rand and Manitowoc.