- Project plans
- Project activities
- Legislation and standards
- Industry context
Last edited 19 Aug 2016
Commercial refrigeration equipment
A commercial refrigerator is a free-standing piece of equipment that provides cold storage for commercial organisations. Some of the different types of commercial refrigeration include reach-in refrigerators and freezers, walk-in refrigerators and freezers, undercounter refrigerators, refrigerated merchandisers and bar refrigeration.
Commercial refrigeration equipment is typically used for refrigeration of food and beverages. It is used by supermarkets, specialty food stores, grocery stores, convenience stores, restaurants and cafeterias and so on.
Global demand for industrial refrigeration equipment was valued at USD 36.63 billion in 2015, and is expected to generate revenue of USD 61.44 billion by the end of 2021, growing at a CAGR of slightly above 9.0%.
The global commercial refrigeration equipment market is driven by the rising number of hypermarkets, specialty food stores, and supermarkets across the globe as well as by changing food consumption trends and the growth of the international food trade. Consolidation of warehouses and the growth of cold supply chains are likely create new markets in the near future. However, environment regulations, energy efficiency requirements and fuel costs are a major restraint on the market.
The commercial refrigeration equipment market is segmented on the basis of different products including; transport refrigeration equipment, refrigerators and freezers, beverage refrigerators, parts and other.
In 2015, transport refrigeration equipment was the largest segment of the market, and it is expected to continue its dominance and be the fastest growing segment in global market. The beverage refrigerators segment is expected to witness fast growth due to the the rising number of restaurants, especially in the fast-food segment. The 'other' equipment segment is projected to grow moderately due to the increasing demand for refrigerated display cases in retail stores.
The key applications are; food service, food and beverage production, food and beverage distribution, food and beverage retail and others. The food service application segment dominated the market in terms of revenue, and the food and beverage retail segment is likely to see significant growth.
Some of the key players in commercial refrigeration equipment market include Dover Corporation, Daikin Industries, Ltd., Whirlpool Corporation, AHT Cooling Systems GmbH, AB Electrolux, Hussmann Corporation, Ingersoll Rand plc, Illinois Tool Works Inc., United Technologies Corporation (Carrier), Haier, Inc.
Featured articles and news
The Chartered Quality Institute explain the pathway to success for organisations implementing management systems.
An introductory article looking at where a duty of care can arise in the construction industry.
House of Lords committee encourages the use of off-site manufacturing in new report.
Computational fluid dynamics (CFD) can go some way to show the impact of new buildings on their surroundings.
The shortlist for the 2018 prize for the UK's best new building is revealed.
Amendment to Bill aims to provide councils with greater powers to increase tax premiums on empty homes.
As the latest summer blockbuster 'Skyscraper' is released, we look at some of the best uses of buildings in film.
Read our introductory article on how to layout a building.
New cross-party report calls for combustible cladding ban to be extended to all high-rise residential buildings.
Dr Nicholas Falk, director of the URBED Trust, explains why metro cities are the future of urbanisation.