Market being driven by the growth of supermarket, hypermarket, and food retail chains
June 16, 2016
The global commercial refrigeration equipment market was valued at $37.03 billion in 2015 and it is expected to grow to $55.69 billion by 2022, led by the walk-in coolers segment, according to a new report from P&S Market Research.
Reach-in and walk-in systems accounted for the largest revenue share and they are expected to see promising growth
May 16, 2016
The global commercial refrigeration equipment market is forecast to reach $41.5 billion by 2022, with increasing demand for frozen foods and changing food consumption habits, according to a new market report published by Credence Research Inc.
Enables energy efficiency and monitoring services for the food and hospitality industry
April 18, 2016
Visible Energy Inc. has unveiled its Wi-Fi enabled energy monitoring “Cloudfridge” range for commercial refrigerators at the China Refrigeration 2016 exhibition. The product line is designed specifically for commercial refrigerators, enabling energy efficiency and monitoring services for the food and hospitality industry.
Suppliers are expected to benefit from the scheduled 2020 phaseout of R-22 refrigerant
April 4, 2016
U.S. demand for commercial refrigeration equipment is forecast to increase 3.1 percent per year through 2020 to $11.3 billion, moderating from the 2010-2015 period, when growth was bolstered by a rebound in sales after the economic recession, according to a new study from Freedonia Group.
Also proposes to exempt propane from venting prohibition
March 31, 2016
The U.S. Environmental Protection Agency’s (EPA’s) Significant New Alternatives Policy (SNAP) program has proposed to list as acceptable, subject to restrictions, the use of propane in certain commercial refrigeration applications.
Latest update includes approvals for HC and HFO refrigerants
February 29, 2016
In follow-up to the document that Tecumseh issued in June 2015 regarding recommended refrigerants, the company has continued to test various low-global warming potential (GWP) options with the objective of determining suitable replacements for R-404A and R-134a.
A blended refrigerant can significantly reduce global warming potential
December 1, 2015
Master-Bilt®, manufacturer of commercial refrigeration equipment, has introduced its new Alternative Industrial Refrigerant (AIR) Initiative which outlines the use of hydrofluoroolefin (HFO) blended refrigerants and foaming agents to meet the U.S. Environmental Protection Agency’s (EPA’s) Significant New Alternative Policy (SNAP) guidelines.
The rapidly growing frozen foods industry is expected to fuel the commercial refrigeration market
October 8, 2015
The global commercial refrigeration equipment market is expected to reach $46.4 billion by 2022, according to a new report by Grand View Research Inc. Rising disposable income and increasing industrialization and other demographic shifts have resulted in considerable changes in food consumption over the past few years.
Fills out its line of commercial refrigeration products
August 26, 2015
Chicagocoolers.com has announced the addition of True Manufacturing, a Missouri-based refrigeration manufacturer, to its list of commercial refrigeration vendors. The company’s complete list of refrigeration vendors now includes Beverage Air, Fogel, Howard McCray, Manitowoc Ice, Migali, Scotsman Ice, and True Manufacturing.
Market is being driven by the growth of the supermarket, hypermarket, and organized food retail chains
August 17, 2015
The global commercial refrigeration equipment market was valued at $29.6 billion in 2014 and it is expected to reach $40.9 billion by 2020, according to a report from P&S Market Research. The firm forecasts the market to grow at a compound annual growth rate (CAGR) of 5.7 percent, in terms of value, from 2015 to 2020.