World demand for refrigerated display cases is expected to increase 4.2 percent per year through 2020 to $7 billion, approximating sales advances for commercial refrigeration equipment as a whole, according to a new study from The Freedonia Group, a Cleveland-based industry research firm.
Danfoss recently held its 28th EnVisioneering Symposium, Refrigerants2Sustainability, in New Orleans to continue the dialogue among equipment manufacturers, end users, utilities, and regulators on the path ahead for the commercial refrigeration industry.
The U.S. commercial refrigeration systems market is projected to expand at a healthy compound annual growth rate (CAGR) of 3.2 percent in terms of value through 2025, according to a report from Future Market Insights.
The global commercial refrigeration equipment market is expected to reach $52.52 billion by 2024, according to a new report by Grand View Research Inc. The growing number of hypermarkets and supermarkets in developing regions has increased the demand for energy efficient equipment in the recent years.
Source Refrigeration & HVAC announced that it has partnered with management to acquire Refrigeration Solutions Inc. and Advanced Refrigeration Systems (together, RSI). Terms of the transaction were not disclosed.
Integrated Facility Services (IFS), a full-service mechanical contractor with offices in St. Louis and Columbia, Missouri, announced it has acquired Wally’s Refrigeration, Lake of the Ozarks, Missouri.
The growing importance of the cold chain was highlighted in June as the Global Cold Chain Alliance (GCCA) for the first time held its expo as a separate entity co-located with the Food Marketing Institute’s (FMI’s) Connect Expo and the United Fresh show.
The global commercial refrigeration equipment market was valued at $36.63 billion in 2015, and is expected to generate revenue of $61.44 billion by the end of 2021, growing at a compound annual growth rate (CAGR) of slightly over 9 percent between 2016 and 2021, according to a report from Zion Market Research.
The global commercial refrigeration equipment market was valued at $36.63 billion in 2015, and is expected to generate revenue of $61.44 billion by the end of 2021, growing at a compound annual growth rate (CAGR) of slightly over 9 percent between 2016 and 2021, according to a report from Zion Market Research.
The Air-Conditioning, Heating, and Refrigeration Institute (AHRI) today responded to the U.S. Court of Appeals for the Seventh Circuit ruling in favor of the U.S. Department of Energy (DOE) on its lawsuit that challenged DOE’s 2014 efficiency standard for commercial refrigeration equipment.