This report forecasts to 2028 global demand for commercial refrigeration equipment by product, market, and major world region in nominal US dollars at the manufacturer level. Product segments include: display cases; reach-in and walk-in refrigerators and freezers; beverage refrigeration equipment; ice machines; refrigerated vending machines; other products such as chillers, cryogenic equipment, and compressor systems; and replacement parts. Reported markets encompass: food and beverage retail; foodservice; food and beverage production; and other markets such as office building, medical and scientific establishments, and pharmaceutical production facilities. Major world regions include North America, Western Europe, Asia/Pacific, and all other regions.
To illustrate historical trends, world, product, market, and regional demand (including product and market segments) are provided for 2013, 2018, and 2023. Finally, global production is segmented by major world region and provided for 2013, 2018, 2023, and 2028.
Excluded from the scope of this report are consumer-type refrigerators, transportation refrigeration systems, and large industrial refrigeration products such as evaporative air coolers and condensing units. Commercial transportation refrigeration systems are also excluded. Parts and components used in the retrofitting of machines is also excluded.
For any given historical year, US dollar amounts are obtained from values expressed in the applicable local currency. These local currency values are converted to US dollars at the average annual exchange rate for that year. For forecast years, the US dollar amounts assume the same annual exchange rate as that prevailing in 2022.
Other various topics, including profiles of pertinent leading companies, are covered in this report. A full outline of report items by page is available in the Table of Contents.
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