Global demand for commercial refrigeration equipment will rise 4.7 percent annually through 2018 to $36.5 billion. The US will remain the largest national market, while China remains the fastest growing. Reach-in and walk-in refrigerators and freezers will be some of the fastest growing products.This study analyzes the $29 billion world commercial refrigeration equipment industry. It 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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