The global food service equipment/commercial refrigeration market was valued at $31.54 billion in 2013, and is forecast to grow at a compound annual growth rate (CAGR) of 4.8 percent from 2014 to 2020, representing a value of $44.33 billion in 2020, according to a new market report published by Transparency Market Research.
Honeywell Intl. Inc. announced that leading global compressor manufacturers Emerson Climate Technologies Inc., Bitzer, and Frascold have approved Honeywell’s low-global warming potential (low-GWP) refrigerants Solstice N40 (R-448A) and Solstice N13 (R-450A) for use in their commercial refrigeration compressors.
The world is moving toward natural refrigerants. That was the message from the leadership of the International Institute of Ammonia Refrigeration (IIAR) at the 2015 IIAR Industrial Refrigeration Conference and Exhibition in San Diego.
Industrial refrigeration customers can benefit dramatically from the expertise and advice of a knowledgeable refrigeration contractor. These larger refrigeration systems present tremendous opportunities for energy efficiency improvements that can lead to significant operational savings.
The Air Conditioning Contractors of America Educational Institute (ACCA-EI) Standards Task Team (STT) has announced an American National Standards Institute (ANSI) public review period for its BSR/ACCA 14 QMref -201x, “Quality Maintenance of Commercial Refrigeration Systems” as a new industry standard.
These larger refrigeration systems present tremendous opportunities for energy-efficiency improvements that can lead to significant operational savings.
The U.S. Chemical Safety Board (CSB) has released its latest safety video detailing key lessons learned from the major anhydrous ammonia release that occurred at Millard Refrigerated Services Inc. on August 23, 2010. The accident resulted in over 150 exposures to offsite workers, 30 of which were hospitalized.
Ongoing industrialization and food retail modernization efforts in many of the world’s developing countries, such as China and India, will help grow the global commercial refrigeration equipment market to $38 billion in 2018.