World Commercial Refrigeration Equipment

As Quoted In Investor Ideas

Growth will be driven by rising ownership of household refrigerators and freezers in developing areas, and by the release of pent-up demand for commercial referigeration equipment in developed nations.

World demand to rise 4.7% annually through 2018

Global demand for commercial refrigeration equipment is forecast to increase 4.7 percent annually through 2018 to $36.5 billion. Advances will be bolstered in large part by ongoing industrialization efforts in many of the world’s developing countries, especially China and India. The rising ownership level of household refrigerators and freezers in the developing world will stimulate demand, since ownership of these products spurs consumer interest in refrigerated and frozen foods and drives retail food outlets to invest in more refrigeration equipment to be able to stock such items. Among developed nations, recovering economic conditions will drive demand, as purchases of commercial refrigeration equipment were postponed through much of the 2008-2013 period due to the global economic downturn.

China to remain fastest growing national market

China will continue to be the world’s fastest growing market for commercial refrigeration equipment. The country is home to the world’s largest population base, and as China continues to develop its food and beverage industry, demand for commercial refrigeration equipment will rise significantly. This includes not only products used in food retail and foodservice applications, but also in food production and food distribution settings. In addition, China’s efforts to establish a more functional cold chain with chilled warehouses and storage facilities will be a key contributor to growth. This is particularly important in China because the country has the world’s largest food production industry, and a reliable cold chain will significantly decrease the amount of food spoiled while en route from the producer to the consumer and protect the producer’s slim profit margins. In fact, many of the world’s developing countries are prioritizing cold chain development and refrigerated capabilities in retail settings. Rising standards of living are driving demand for fresh food products to a level that is unachievable with many current infrastructures.

US to pace developed nation advances in demand

Although increasing at rates below the global average, demand gains in developed nations will also play an important role in overall market advances. This is particularly true in the US, which is the world’s largest national market for commercial refrigeration equipment. The US is home to one of the most expansive foodservice and food retail industries. In addition, US consumers have an increasingly sophisticated palate, and demand for specialty food products -- such as organic foods -- will increase the number of items stored on refrigerated shelves, supporting demand gains.

Study coverage

This Freedonia industry study, World Commercial Refrigeration Equipment, presents historical demand data for 2003, 2008 and 2013, and forecasts for 2018 and 2023 by product (e.g., reach-in and walk-in refrigerators and freezers, display cases, beverage refrigeration equipment, ice machines, refrigerated vending machines), world region, and for 21 countries. The study also considers market environment factors, details industry structure, evaluates company market share, and profiles 43 industry players, including Panasonic, United Technologies and Hoshizaki.

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  1. World Commercial Refrigeration Equipment

    $6,400.00

    1. 1 INTRODUCTION

      $209.00

    2. 2 EXECUTIVE SUMMARY

      $141.00

      1. Table | WORLD COMMERCIAL REFRIGERATION EQUIPMENT DEMAND

    3. 3 MARKET ENVIRONMENT

      $1,343.00

      1. 3.1 General

        $82.00

      2. 3.2 World Population Outlook

        $121.00

        1. Table | WORLD POPULATION BY REGION

      3. 3.3 World Urbanization Patterns

        $82.00

        1. Table | WORLD URBAN POPULATION BY REGION

      4. 3.4 World Economic Overview

        $264.00

        1. 3.4.1 Recent Historical Trends

          $82.00

        2. 3.4.2 World Economic Outlook

          $151.00

          1. Table | WORLD GROSS DOMESTIC PRODUCT BY REGION

      5. 3.5 World Fixed Investment Outlook

        $82.00

        1. Table | WORLD FIXED INVESTMENT BY REGION

      6. 3.6 World Personal Income & Expenditures

        $88.00

        1. Table | WORLD PER CAPITA GDP BY REGION

      7. 3.7 World Food Industry Overview

        $151.00

        1. Table | WORLD FOOD & BEVERAGE MANUFACTURING VALUE ADDED BY REGION

      8. 3.8 World Nonresidential Building Expenditures

        $82.00

        1. Table | WORLD NONRESIDENTIAL BUILDING EXPENDITURES BY REGION

      9. 3.9 Pricing Patterns

        $82.00

        1. Table | COMMERCIAL REFRIGERATION EQUIPMENT PRICING

      10. 3.10 Legal & Regulatory Issues

        $260.00

        1. 3.10.1 Montreal Protocol

          $146.00

        2. 3.10.2 Kyoto Protocol

          $91.00

      11. 3.11 Technology & Product Development

        $109.00

    4. 4 OVERVIEW

      $1,211.00

      1. 4.1 General

        $82.00

      2. 4.2 Regional Overview

        $395.00

        1. 4.2.1 Demand

          $229.00

          1. Table | WORLD COMMERCIAL REFRIGERATION EQUIPMENT DEMAND BY REGION

          2. CHART III-1 WORLD COMMERCIAL REFRIGERATION EQUIPMENT DEMAND BY REGION, 2013

          3. CHART III-2 CHANGE IN COMMERCIAL REFRIGERATION EQUIPMENT EMAND BY REGION, 2013-2018

        2. 4.2.2 Production

          $82.00

          1. Table | WORLD COMMERCIAL REFRIGERATION EQUIPMENT PRODUCTION BY REGION

          2. CHART III-3 WORLD COMMERCIAL REFRIGERATION EQUIPMENT PRODUCTION BY REGION, 2013

        3. 4.2.3 International Trade

          $82.00

          1. Table | WORLD COMMERCIAL REFRIGERATION EQUIPMENT NET EXPORTS BY REGION

      3. 4.3 Demand by Product

        $765.00

        1. Table | WORLD COMMERCIAL REFRIGERATION EQUIPMENT DEMAND BY PRODUCT

        2. CHART III-4 WORLD COMMERCIAL REFRIGERATION EQUIPMENT DEMAND BY PRODUCT, 2013

        3. 4.3.1 Reach-In & Walk-In Refrigerators & Freezers

          $104.00

          1. Table | WORLD REACH-IN & WALK-IN REFRIGERATOR & FREEZER DEMAND BY REGION

          2. CHART III-5 WORLD REACH-IN & WALK-IN REFRIGERATOR & FREEZER DEMAND BY REGION, 2013

        4. 4.3.2 Display Cases

          $101.00

          1. Table | WORLD REFRIGERATED DISPLAY CASE DEMAND BY REGION

          2. CHART III-6 WORLD REFRIGERATED DISPLAY CASE DEMAND BY REGION, 2013

        5. 4.3.3 Beverage Refrigeration Equipment

          $87.00

          1. Table | WORLD BEVERAGE REFRIGERATION EQUIPMENT DEMAND BY REGION

          2. CHART III-7 WORLD BEVERAGE REFRIGERATION EQUIPMENT DEMAND BY REGION, 2013

        6. 4.3.4 Ice Machines

          $85.00

          1. Table | WORLD ICE MACHINE DEMAND BY REGION

          2. CHART III-8 WORLD ICE MACHINE DEMAND BY REGION, 2013

        7. 4.3.5 Refrigerated Vending Machines

          $96.00

          1. Table | WORLD REFRIGERATED VENDING MACHINE DEMAND BY REGION

          2. CHART III-9 WORLD REFRIGERATED VENDING MACHINE DEMAND BY REGION, 2013

        8. 4.3.6 Other Equipment

          $136.00

          1. Table | WORLD OTHER COMMERCIAL REFRIGERATION EQUIPMENT DEMAND BY REGION

          2. CHART III-10 WORLD OTHER COMMERCIAL REFRIGERATION EQUIPMENT DEMAND BY REGION, 2013

        9. 4.3.7 Parts

          $82.00

          1. Table | WORLD COMMERCIAL REFRIGERATION EQUIPMENT PARTS DEMAND BY REGION

          2. CHART III-11 WORLD COMMERCIAL REFRIGERATION EQUIPMENT PARTS DEMAND BY REGION, 2013

    5. 5 NORTH AMERICA

      $1,033.00

      1. 5.1 North America: General

        $82.00

      2. 5.2 North America: Supply & Demand

        $82.00

        1. Table | NORTH AMERICA: COMMERCIAL REFRIGERATION EQUIPMENT SUPPLY & DEMAND

      3. 5.3 North America: Product Outlook

        $88.00

        1. Table | NORTH AMERICA: COMMERCIAL REFRIGERATION EQUIPMENT DEMAND BY TYPE

        2. CHART IV-1 NORTH AMERICA: COMMERCIAL REFRIGERATION EQUIPMENT DEMAND BY COUNTRY, 2013

      4. 5.4 United States

        $296.00

        1. 5.4.1 United States: General

          $82.00

        2. 5.4.2 United States: Supply & Demand

          $118.00

          1. Table | UNITED STATES: COMMERCIAL REFRIGERATION EQUIPMENT SUPPLY & DEMAND

        3. 5.4.3 United States: Product Outlook

          $117.00

          1. Table | UNITED STATES: COMMERCIAL REFRIGERATION EQUIPMENT DEMAND BY TYPE

      5. 5.5 Canada

        $222.00

        1. 5.5.1 Canada: General

          $82.00

        2. 5.5.2 Canada: Supply & Demand

          $82.00

          1. Table | CANADA: COMMERCIAL REFRIGERATION EQUIPMENT SUPPLY & DEMAND

        3. 5.5.3 Canada: Product Outlook

          $87.00

          1. Table | CANADA: COMMERCIAL REFRIGERATION EQUIPMENT DEMAND BY TYPE

      6. 5.6 Mexico

        $297.00

        1. 5.6.1 Mexico: General

          $82.00

        2. 5.6.2 Mexico: Supply & Demand

          $106.00

          1. Table | MEXICO: COMMERCIAL REFRIGERATION EQUIPMENT SUPPLY & DEMAND

        3. 5.6.3 Mexico: Product Outlook

          $120.00

          1. Table | MEXICO: COMMERCIAL REFRIGERATION EQUIPMENT DEMAND BY TYPE

    6. 6 WESTERN EUROPE

      $1,884.00

      1. 6.1 Western Europe: General

        $82.00

      2. 6.2 Western Europe: Supply & Demand

        $138.00

        1. Table | WESTERN EUROPE: COMMERCIAL REFRIGERATION EQUIPMENT SUPPLY & DEMAND

      3. 6.3 Western Europe: Product Outlook

        $101.00

        1. Table | WESTERN EUROPE: COMMERCIAL REFRIGERATION EQUIPMENT DEMAND BY TYPE

        2. CHART V-1 WESTERN EUROPE: COMMERCIAL REFRIGERATION EQUIPMENT DEMAND BY COUNTRY, 2013

      4. 6.4 France

        $204.00

        1. 6.4.1 France: General

          $82.00

        2. 6.4.2 France: Supply & Demand

          $82.00

          1. Table | FRANCE: COMMERCIAL REFRIGERATION EQUIPMENT SUPPLY & DEMAND

        3. 6.4.3 France: Product Outlook

          $82.00

          1. Table | FRANCE: COMMERCIAL REFRIGERATION EQUIPMENT DEMAND BY TYPE

      5. 6.5 Germany

        $234.00

        1. 6.5.1 Germany: General

          $82.00

        2. 6.5.2 Germany: Supply & Demand

          $86.00

          1. Table | GERMANY: COMMERCIAL REFRIGERATION EQUIPMENT SUPPLY & DEMAND

        3. 6.5.3 Germany: Product Outlook

          $93.00

          1. Table | GERMANY: COMMERCIAL REFRIGERATION EQUIPMENT DEMAND BY TYPE

      6. 6.6 Italy

        $229.00

        1. 6.6.1 Italy: General

          $82.00

        2. 6.6.2 Italy: Supply & Demand

          $83.00

          1. Table | ITALY: COMMERCIAL REFRIGERATION EQUIPMENT SUPPLY & DEMAND

        3. 6.6.3 Italy: Product Outlook

          $82.00

          1. Table | ITALY: COMMERCIAL REFRIGERATION EQUIPMENT DEMAND BY TYPE

      7. 6.7 The Netherlands

        $198.00

        1. 6.7.1 The Netherlands: General

          $82.00

        2. 6.7.2 The Netherlands: Supply & Demand

          $82.00

          1. Table | THE NETHERLANDS: COMMERCIAL REFRIGERATION EQUIPMENT SUPPLY & DEMAND

        3. 6.7.3 The Netherlands: Product Outlook

          $82.00

          1. Table | THE NETHERLANDS: COMMERCIAL REFRIGERATION EQUIPMENT DEMAND BY TYPE

      8. 6.8 Spain

        $247.00

        1. 6.8.1 Spain: General

          $82.00

        2. 6.8.2 Spain: Supply & Demand

          $82.00

          1. Table | SPAIN: COMMERCIAL REFRIGERATION EQUIPMENT SUPPLY & DEMAND

        3. 6.8.3 Spain: Product Outlook

          $101.00

          1. Table | SPAIN: COMMERCIAL REFRIGERATION EQUIPMENT DEMAND BY TYPE

      9. 6.9 United Kingdom

        $247.00

        1. 6.9.1 United Kingdom: General

          $82.00

        2. 6.9.2 United Kingdom: Supply & Demand

          $89.00

          1. Table | UNITED KINGDOM: COMMERCIAL REFRIGERATION EQUIPMENT SUPPLY & DEMAND

        3. 6.9.3 United Kingdom: Product Outlook

          $104.00

          1. Table | UNITED KINGDOM: COMMERCIAL REFRIGERATION EQUIPMENT DEMAND BY TYPE

      10. 6.10 Other Western Europe

        $207.00

        1. 6.10.1 Other Western Europe: General

          $82.00

        2. 6.10.2 Other Western Europe: Supply & Demand

          $92.00

          1. Table | OTHER WESTERN EUROPE: COMMERCIAL REFRIGERATION EQUIPMENT SUPPLY & DEMAND

        3. 6.10.3 Other Western Europe: Product Outlook

          $82.00

          1. Table | OTHER WESTERN EUROPE: COMMERCIAL REFRIGERATION EQUIPMENT DEMAND BY TYPE

    7. 7 ASIA/PACIFIC

      $2,405.00

      1. 7.1 Asia/Pacific General

        $82.00

      2. 7.2 Asia/Pacific: Supply & Demand

        $112.00

        1. Table | ASIA/PACIFIC: COMMERCIAL REFRIGERATION EQUIPMENT SUPPLY & DEMAND

      3. 7.3 Asia/Pacific: Product Outlook

        $86.00

        1. Table | ASIA/PACIFIC: COMMERCIAL REFRIGERATION EQUIPMENT DEMAND BY TYPE

        2. CHART VI-1 ASIA/PACIFIC: COMMERCIAL REFRIGERATION EQUIPMENT DEMAND BY COUNTRY, 2013

      4. 7.4 Australia

        $198.00

        1. 7.4.1 Australia: General

          $82.00

        2. 7.4.2 Australia: Supply & Demand

          $82.00

          1. Table | AUSTRALIA: COMMERCIAL REFRIGERATION EQUIPMENT SUPPLY & DEMAND

        3. 7.4.3 Australia: Product Outlook

          $82.00

          1. Table | AUSTRALIA: COMMERCIAL REFRIGERATION EQUIPMENT DEMAND BY TYPE

      5. 7.5 China

        $302.00

        1. 7.5.1 China: General

          $82.00

        2. 7.5.2 China: Supply & Demand

          $122.00

          1. Table | CHINA: COMMERCIAL REFRIGERATION EQUIPMENT SUPPLY & DEMAND

        3. 7.5.3 China: Product Outlook

          $103.00

          1. Table | CHINA: COMMERCIAL REFRIGERATION EQUIPMENT DEMAND BY TYPE

      6. 7.6 India

        $290.00

        1. 7.6.1 India: General

          $82.00

        2. 7.6.2 India: Supply & Demand

          $98.00

          1. Table | INDIA: COMMERCIAL REFRIGERATION EQUIPMENT SUPPLY & DEMAND

        3. 7.6.3 India: Product Outlook

          $115.00

          1. Table | INDIA: COMMERCIAL REFRIGERATION EQUIPMENT DEMAND BY TYPE

      7. 7.7 Indonesia

        $209.00

        1. 7.7.1 Indonesia: General

          $82.00

        2. 7.7.2 Indonesia: Supply & Demand

          $82.00

          1. Table | INDONESIA: COMMERCIAL REFRIGERATION EQUIPMENT SUPPLY & DEMAND

        3. 7.7.3 Indonesia: Product Outlook

          $82.00

          1. Table | INDONESIA: COMMERCIAL REFRIGERATION EQUIPMENT DEMAND BY TYPE

      8. 7.8 Japan

        $290.00

        1. 7.8.1 Japan: General

          $82.00

        2. 7.8.2 Japan: Supply & Demand

          $134.00

          1. Table | JAPAN: COMMERCIAL REFRIGERATION EQUIPMENT SUPPLY & DEMAND

        3. 7.8.3 Japan: Product Outlook

          $87.00

          1. Table | JAPAN: COMMERCIAL REFRIGERATION EQUIPMENT DEMAND BY TYPE

      9. 7.9 South Korea

        $234.00

        1. 7.9.1 South Korea: General

          $82.00

        2. 7.9.2 South Korea: Supply & Demand

          $93.00

          1. Table | SOUTH KOREA: COMMERCIAL REFRIGERATION EQUIPMENT SUPPLY & DEMAND

        3. 7.9.3 South Korea: Product Outlook

          $82.00

          1. Table | SOUTH KOREA: COMMERCIAL REFRIGERATION EQUIPMENT DEMAND BY TYPE

      10. 7.10 Taiwan

        $204.00

        1. 7.10.1 Taiwan: General

          $82.00

        2. 7.10.2 Taiwan: Supply & Demand

          $82.00

          1. Table | TAIWAN: COMMERCIAL REFRIGERATION EQUIPMENT SUPPLY & DEMAND

        3. 7.10.3 Taiwan: Product Outlook

          $82.00

          1. Table | TAIWAN: COMMERCIAL REFRIGERATION EQUIPMENT DEMAND BY TYPE

      11. 7.11 Thailand

        $227.00

        1. 7.11.1 Thailand: General

          $82.00

        2. 7.11.2 Thailand: Supply & Demand

          $98.00

          1. Table | THAILAND: COMMERCIAL REFRIGERATION EQUIPMENT SUPPLY & DEMAND

        3. 7.11.3 Thailand: Product Outlook

          $82.00

          1. Table | THAILAND: COMMERCIAL REFRIGERATION EQUIPMENT DEMAND BY TYPE

      12. 7.12 Other Asia/Pacific

        $184.00

        1. 7.12.1 Other Asia/Pacific: General

          $82.00

        2. 7.12.2 Other Asia/Pacific: Supply & Demand

          $82.00

          1. Table | OTHER ASIA/PACIFIC: COMMERCIAL REFRIGERATION EQUIPMENT SUPPLY & DEMAND

        3. 7.12.3 Other Asia/Pacific: Product Outlook

          $82.00

          1. Table | OTHER ASIA/PACIFIC: COMMERCIAL REFRIGERATION EQUIPMENT DEMAND BY TYPE

    8. 8 OTHER REGIONS

      $2,148.00

      1. 8.1 Central & South America

        $686.00

        1. 8.1.1 Central & South America: General

          $82.00

        2. 8.1.2 Central & South America: Supply & Demand

          $84.00

          1. Table | CENTRAL & SOUTH AMERICA: COMMERCIAL REFRIGERATION EQUIPMENT SUPPLY & DEMAND

        3. 8.1.3 Central & South America: Product Outlook

          $82.00

          1. Table | CENTRAL & SOUTH AMERICA: COMMERCIAL REFRIGERATION EQUIPMENT DEMAND BY TYPE

        4. 8.1.4 Brazil

          $244.00

          1. Table | BRAZIL: COMMERCIAL REFRIGERATION EQUIPMENT SUPPLY & DEMAND

          2. Table | BRAZIL: COMMERCIAL REFRIGERATION EQUIPMENT DEMAND BY TYPE

        5. 8.1.5 Other Central & South America

          $223.00

          1. Table | OTHER CENTRAL & SOUTH AMERICA: COMMERCIAL REFRIGERATION EQUIPMENT SUPPLY & DEMAND

          2. Table | OTHER CENTRAL & SOUTH AMERICA: COMMERCIAL REFRIGERATION EQUIPMENT DEMAND BY TYPE

      2. 8.2 Eastern Europe

        $843.00

        1. 8.2.1 Eastern Europe: General

          $82.00

        2. 8.2.2 Eastern Europe: Supply & Demand

          $82.00

          1. Table | EASTERN EUROPE: COMMERCIAL REFRIGERATION EQUIPMENT SUPPLY & DEMAND

        3. 8.2.3 Eastern Europe: Product Outlook

          $86.00

          1. Table | EASTERN EUROPE: COMMERCIAL REFRIGERATION EQUIPMENT DEMAND BY TYPE

          2. CHART VII-1 EASTERN EUROPE: COMMERCIAL REFRIGERATION EQUIPMENT DEMAND BY COUNTRY, 2013

        4. 8.2.4 Poland

          $192.00

          1. Table | POLAND: COMMERCIAL REFRIGERATION EQUIPMENT SUPPLY & DEMAND

          2. Table | POLAND: COMMERCIAL REFRIGERATION EQUIPMENT DEMAND BY TYPE

        5. 8.2.5 Russia

          $218.00

          1. Table | RUSSIA: COMMERCIAL REFRIGERATION EQUIPMENT SUPPLY & DEMAND

          2. Table | RUSSIA: COMMERCIAL REFRIGERATION EQUIPMENT DEMAND BY TYPE

        6. 8.2.6 Other Eastern Europe

          $204.00

          1. Table | OTHER EASTERN EUROPE: COMMERCIAL REFRIGERATION EQUIPMENT SUPPLY & DEMAND

          2. Table | OTHER EASTERN EUROPE: COMMERCIAL REFRIGERATION EQUIPMENT DEMAND BY TYPE

      3. 8.3 Africa/Mideast

        $618.00

        1. 8.3.1 Africa/Mideast: General

          $82.00

        2. 8.3.2 Africa/Mideast: Supply & Demand

          $82.00

          1. Table | AFRICA/MIDEAST: COMMERCIAL REFRIGERATION EQUIPMENT SUPPLY & DEMAND

        3. 8.3.3 Africa/Mideast: Product Outlook

          $82.00

          1. Table | AFRICA/MIDEAST: COMMERCIAL REFRIGERATION EQUIPMENT DEMAND BY TYPE

        4. 8.3.4 Turkey

          $182.00

          1. Table | TURKEY: COMMERCIAL REFRIGERATION EQUIPMENT SUPPLY & DEMAND

          2. Table | TURKEY: COMMERCIAL REFRIGERATION EQUIPMENT DEMAND BY TYPE

        5. 8.3.5 Other Africa/Mideast

          $220.00

          1. Table | OTHER AFRICA/MIDEAST: COMMERCIAL REFRIGERATION EQUIPMENT SUPPLY & DEMAND

          2. Table | OTHER AFRICA/MIDEAST: COMMERCIAL REFRIGERATION EQUIPMENT DEMAND BY TYPE

    9. 9 INDUSTRY STRUCTURE

      $6,440.00

      1. 9.1 General

        $82.00

      2. 9.2 Industry Composition

        $85.00

        1. Table | WORLD COMMERCIAL REFRIGERATION EQUIPMENT SALES BY COMPANY, 2013

      3. 9.3 Market Share

        $120.00

        1. CHART VIII-1 WORLD COMMERCIAL REFRIGERATION EQUIPMENT MARKET SHARE, 2013

      4. 9.4 Product Development & Manufacturing

        $101.00

      5. 9.5 Marketing & Distribution

        $136.00

      6. 9.6 Mergers & Acquisitions

        $82.00

        1. Table | SELECTED ACQUISITIONS & DIVESTITURES

      7. 9.7 Cooperative Agreements

        $166.00

        1. Table | SELECTED COOPERATIVE AGREEMENTS

      8. 9.8 Company Profiles

        $6,440.00

        1. 9.8.1 AHT Cooling Systems GmbH

          $142.00

        2. 9.8.2 Air Products and Chemicals Incorporated

          $82.00

        3. 9.8.3 Ali SpA

          $585.00

        4. 9.8.4 Berkshire Hathaway Incorporated

          $108.00

        5. 9.8.5 Brema Ice Makers SpA

          $82.00

        6. 9.8.6 Bundy Refrigeration Srl

          $82.00

        7. 9.8.7 Celli SpA

          $91.00

        8. 9.8.8 Crane Company

          $139.00

        9. 9.8.9 Daikin Industries Limited

          $117.00

        10. 9.8.10 Dalian Bingshan Group Company Limited

          $176.00

        11. 9.8.11 Danfoss A/S

          $122.00

        12. 9.8.12 Dover Corporation

          $237.00

        13. 9.8.13 Dunham-Bush Holding Berhad

          $113.00

        14. 9.8.14 Electrolux AB

          $94.00

        15. 9.8.15 Emerson Electric Company

          $326.00

        16. 9.8.16 Fomento Economico Mexicano SAB de CV

          $82.00

        17. 9.8.17 Frigoglass SAIC

          $128.00

        18. 9.8.18 GEA Group AG

          $231.00

        19. 9.8.19 Hoshizaki Electric Company Limited

          $282.00

        20. 9.8.20 Hussmann Corporation

          $175.00

        21. 9.8.21 Illinois Tool Works Incorporated

          $212.00

        22. 9.8.22 IMI plc

          $82.00

        23. 9.8.23 Ingersoll-Rand plc

          $194.00

        24. 9.8.24 Johnson Controls Incorporated

          $161.00

        25. 9.8.25 Lennox International Incorporated

          $176.00

        26. 9.8.26 Linde Group

          $186.00

        27. 9.8.27 Manitowoc Company Incorporated

          $306.00

        28. 9.8.28 Metalfrio Solutions SA

          $106.00

        29. 9.8.29 Midea Group Company Limited

          $82.00

        30. 9.8.30 Mueller (Paul) Company

          $147.00

        31. 9.8.31 Panasonic Corporation

          $144.00

        32. 9.8.32 Perlick Corporation

          $123.00

        33. 9.8.33 Sanden Corporation

          $141.00

        34. 9.8.34 SPX Corporation

          $108.00

        35. 9.8.35 Standex International Corporation

          $266.00

        36. 9.8.36 Tecumseh Products Company

          $132.00

        37. 9.8.37 Thermo Fisher Scientific Incorporated

          $160.00

        38. 9.8.38 United Technologies Corporation

          $263.00

        39. 9.8.39 Vector Industries Incorporated

          $82.00

        40. 9.8.40 Vin Service SRL

          $82.00

        41. 9.8.41 Voltas Limited

          $101.00

        42. 9.8.42 Yantai Moon Group Company Limited

          $92.00

        43. 9.8.43 Zhejiang Huamei Manufacture Electrical Appliances Company Limited

          $82.00

      9. 9.9 Additional Companies in the World Commercial Refrigeration Industry

        $161.00

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