Pro
Equipment & Machinery
US Commercial Refrigeration Equipment Market, by Application
| Label | Walk-in/Reach-in Coolers | Display Cases | Beverage Refrigeration |
|---|---|---|---|
| 2017 | 920.2 USD Mn | 469.1 USD Mn | 212.4 USD Mn |
| 2018 | 960.1 USD Mn | 492.9 USD Mn | 225.9 USD Mn |
| 2019 | 1001.8 USD Mn | 518.1 USD Mn | 240.4 USD Mn |
| 2020 | 1047.4 USD Mn | 545.8 USD Mn | 256.4 USD Mn |
| 2021 | 1096.9 USD Mn | 576.1 USD Mn | 274 USD Mn |
| 2022 | 1149.5 USD Mn | 608.6 USD Mn | 293.1 USD Mn |
| 2023 | 1209.6 USD Mn | 645.7 USD Mn | 314.8 USD Mn |
| 2024 | 1272.7 USD Mn | 685.2 USD Mn | 338.2 USD Mn |
| 2025 | 1339 USD Mn | 727.3 USD Mn | 363.4 USD Mn |
Data Source: Wantstats Repository
Market Dynamics
The US commercial refrigeration equipment market has been witnessing a significant demand in recent years due to various applications across different industries. From food and beverage retail establishments to pharmaceutical companies, the use of commercial refrigeration equipment has become essential for maintaining the freshness and quality of products.
One of the major applications driving the demand for commercial refrigeration equipment is the food and beverage industry. Restaurants, hotels, and supermarkets rely heavily on commercial refrigeration to store and display perishable goods such as meat, dairy products, and fruits and vegetables. With the growing trend of healthier and organic food products, there has been a surge in demand for commercial refrigeration equipment with advanced features to preserve these products for a longer period.
Another significant application of commercial refrigeration equipment is in the healthcare industry. Hospitals, clinics, and pharmacies require specialized refrigerators to store medicines, vaccines, and blood samples at precise temperatures to maintain their efficacy. With the increasing focus on patient safety and strict regulations on storage conditions, the demand for commercial refrigeration equipment in the healthcare sector is expected to increase in the coming years.
The growing trend of online grocery shopping has also contributed to the demand for commercial refrigeration equipment. As more and more customers prefer to buy groceries online, there is a need for refrigerated warehouses and delivery vans to store and transport perishable goods. This has led to the use of innovative refrigeration solutions, such as mobile refrigeration units and blast chillers, to maintain the quality and freshness of products during transportation.
The commercial refrigeration equipment market is also witnessing a rising demand from the pharmaceutical industry. With the increasing need for temperature-sensitive drugs and vaccines, pharmaceutical companies require reliable and accurate refrigeration equipment to store these products. Moreover, the stringent government regulations on drug storage and transportation have further fueled the demand for commercial refrigeration equipment in the pharmaceutical sector.
Apart from these key applications, the US commercial refrigeration equipment market is also driven by other sectors such as hospitality, catering, and food processing. With the continuous advancements in technology, the demand for energy-efficient and eco-friendly refrigeration solutions is expected to rise, further boosting the growth of this market in the US.
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I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Co-Founder, Mojave Rail Fabrication Limited
This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert
Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau
Sales Leader, Bamberg
We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.