Commercial Walk-In Refrigeration Market
The goal is to gain an understanding of the commercial, walk-in refrigeration market in the United States to ultimately provide information for a machine vision product. Specific focus is on supermarkets, hotels/restaurants/catering, and convenience stores utilization of these units.
- IbisWorld reports that there are currently 90 businesses in the US walk-in cooler industry. Their combined revenue is $4 billion in 2018 with a 1.6% annual growth rate from 2013-2018.
- GrandViewResearch reports that "the refrigerators & freezers segment is anticipated to reach USD 12.31 billion by 2025 expanding at the highest CAGR of 6.4% over the forecast period."
- A 2017 report found that in 2014, the food service sector counted for the highest share of commercial refrigeration in the US at 30%.
- Global Key Players are: United Technologies Corporation, Hussmann Corporation, AB Electrolux, Frigoglass S.A.I.C
PROPRIETARY RESEARCH AVAILABLE
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