North America is expected to dominate the market over the forecast period
December 14, 2016
The global commercial refrigeration equipment market is forecast to register a compound annual growth rate (CAGR) of 5 percent over the forecast period of 2016 to 2026, to be valued at $45.9 billion by 2026, according to a report by Persistence Market Research.
Over the last few years, there has been a substantial surge in retail stores worldwide
November 21, 2016
The global commercial refrigeration equipment market is projected to grow at a compound annual growth rate (CAGR) of 5 percent from 2016 to 2026, reaching an expected value of $45.91 billion by the end of 2026, according to a report by Persistence Market Research.
There is growing demand for frozen and chilled products, expansion of cold chain capacity, technological advancements
October 24, 2016
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.
DOE proposes prescribing energy conservation standards for certain categories of walk-in cooler and freezer refrigeration systems and plans to hold a public meeting to receive comment on these proposed standards along with their accompanying analyses.
Line frees area workspace, is energy efficient, and easy to maintain
September 8, 2016
Nor-Lake, manufacturer of refrigeration equipment for the foodservice, scientific, and industrial markets, has introduced the new AdvantEDGE™ undercounter/worktable refrigerator and freezer line. The line offers a new design to capitalize on available workspace, and provide energy efficiency and easy maintenance.
Many supermarkets converted their chlorofluorocarbon (CFC) and hydrochlorofluorocarbon (HCFC) refrigeration systems to hydrofluorocarbon (HFC) systems only to see HFCs targeted for a phaseout. Now, they’re hearing about natural refrigerants, distributed refrigeration, and cascade systems.
Primarily driven by rising number of hypermarkets, specialty food stores, and supermarkets across the globe
August 15, 2016
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.
This temperature-initiated adaptive defrost control solution is designed to meet pending U.S. Department of Energy (DOE) conservation standards. It uses smart sensing technology to defrost evaporator coils only when needed.
Intermatic Inc. has announced a new temperature-initiated adaptive defrost control solution that the company said reduces defrost cycles by 40 percent or more per day in commercial walk-in coolers and freezers.