The global commercial refrigeration equipment market is projected to grow at a compound annual growth rate (CAGR) of 5 percent from 2016 to 2026, reaching an expected value of $45.91 billion by the end of 2026, according to a report by Persistence Market Research.

The U.S. commercial refrigeration systems market is projected to expand at a healthy compound annual growth rate (CAGR) of 3.2 percent in terms of value through 2025, according to a report from Future Market Insights.

Franklin Energy Services LLC, a leading national energy efficiency program implementation firm, announced that it has expanded its services for PowerStream, signing a multi-year contract. The firm will manage and implement its local Business Refrigeration Incentives Program.

The global commercial refrigeration equipment market is expected to reach $52.52 billion by 2024, according to a new report by Grand View Research Inc. The growing number of hypermarkets and supermarkets in developing regions has increased the demand for energy efficient equipment in the recent years.

Nor-Lake, manufacturer of refrigeration equipment for the foodservice, scientific, and industrial markets, has introduced the new AdvantEDGE™ undercounter/worktable refrigerator and freezer line. The line offers a new design to capitalize on available workspace, and provide energy efficiency and easy maintenance.