Freedonia In The News
Article Title: Cold Snap: Commercial Refrigeration Expands
By: Terry McIver
Publication: Contracting Business, 1/10/2013
Freedonia Study: Commercial Refrigeration Equipment (2914)
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Demand for commercial refrigeration equipment in the U.S. is forecast to increase 4.6% per year to $9.4 billion in 2016, says The Freedonia Group, Inc., a Cleveland, OH-based industry market research firm.
The Freedonia Group’s latest report related to commercial refrigeration says growth will result from improvements in capital investment and nonresidential construction expenditures. In addition, a positive outlook for the broader U.S. economy will encourage end users such as fleet operators and retailers to expand existing operations and replace aging equipment.
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