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World Refrigeration Equipment Market:1 | OVERVIEW
2017/09/20
JARN estimates that the global refrigeration market value in 2016 reached US$ 92 billion including services such as installation and maintenance, showing an increase of about 2.2% compared with 2015. Of the total, commercial applications recorded US$ 58.1 billion, industrial applications amounted to US$ 28.7 billion, and transportation amounted to US$ 5.2 billion.
 
In commercial equipment, the refrigerated display case market was estimated at US$ 19.2 billion, beverage coolers at US$ 5.5 billion, ice machines at US$ 3.1 billion, other commercial equipment such as refrigerators, freezers, and condensing units at US$ 5.9 billion, relevant components at US$ 3.1 billion, and vending machines at US$ 2.3 billion.
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