Press release
North America Commercial Refrigeration Equipment Market to Reach USD 81.3 Billion by 2035 - Sustainability and Smart Tech Drive Expansion Across USA, Canada, and Mexico
North America Commercial Refrigeration Equipment Market
The FMI report, "North America Commercial Refrigeration Equipment Market Size and Share Forecast Outlook From 2025 to 2035," reveals an incremental revenue opportunity of USD 22.8 billion over the decade, driven by eco-friendly refrigerants, predictive maintenance, and cold chain logistics expansion in food retail and pharmaceutical sectors.
A Decade of Growth Anchored by Green Refrigerants and Digital Integration:
The shift toward natural refrigerants and smart systems is transforming operational efficiency. From 2025 to 2030, the market is expected to add USD 9.7 billion, propelled by regulatory compliance and energy-saving technologies in supermarkets and restaurants.
Between 2030 and 2035, FMI anticipates another USD 13.1 billion in growth, with AI-driven monitoring and CO2-based systems becoming mainstream for reducing carbon footprints and downtime.
North America Commercial Refrigeration Equipment Key Market Insights at a Glance:
- Market Value (2025)- USD 58.5 billion
- Forecast Value (2035)- USD 81.3 billion
- CAGR- 3.35%
- Top Product- Freezers & Refrigerators (dominant share)
Dominant Application- Food & Beverage Retail (largest consumer)
Fastest-Growing Trend- IoT-Enabled Systems (over 50% adoption in survey)
USA: The Dominant Force in Commercial Refrigeration:
The U.S. leads North American demand, supported by DOE energy standards and EPA refrigerant phase-outs. FMI data shows freezers & refrigerators commanding the largest segment, driven by hypermarkets and convenience stores preserving perishable goods amid strict food safety laws.
Canada follows with NRCan efficiency mandates accelerating low-GWP transitions, while Mexico's NOM standards boost adoption in food distribution. Survey insights reveal 65% of stakeholders prioritizing energy-efficient and eco-friendly options.
North America Commercial Refrigeration Equipment Five Forces Driving Market Expansion:
Sustainability Regulations: EPA and DOE policies phase out high-GWP refrigerants, mandating CO2, propane, and ammonia alternatives.
Smart Tech Adoption: Over half of operators invest in IoT for predictive maintenance and remote monitoring.
Frozen Food Demand: Rising consumer preference for chilled products spurs retail investments.
Cold Chain Growth: E-commerce grocery and pharma logistics demand modular, energy-efficient storage.
Digital Efficiency: AI optimizes temperature and inventory, reducing operational costs.
North America Commercial Refrigeration Equipment Market Segment Overview:
- By Product Type: Freezers & refrigerators lead, essential for food retailing, hospitality, and healthcare to maintain safety standards.
- By Application: Food & beverage retail dominates, with supermarkets relying on display cases and glass door merchandisers for perishables like dairy and meat.
- By Country: USA holds the largest share, followed by Canada and Mexico, with retail and distribution as key drivers.
North America Commercial Refrigeration Equipment Market Regional Overview:
- USA: Strongest growth from regulatory push and retail expansion.
- Canada: Alignment with EPA on low-GWP refrigerants fuels efficiency upgrades.
- Mexico: NOM standards and urbanization drive food & beverage distribution demand.
North America Commercial Refrigeration Equipment Market Competitive Landscape:
* Carrier Global Corporation (20-25% share)
* Dover Corporation (15-20%)
* Emerson Electric Co. (10-15%)
* Hussmann Corporation (10-12%)
* Standex International Corporation (5-8%)
Top players like Carrier and Dover focus on CO2 systems and IoT-capable solutions, capturing over 70% combined share through innovation and acquisitions.
North America Commercial Refrigeration Equipment Market Outlook: Cooling the Future Sustainably:
Through 2035, the market will prioritize hybrid cooling, subscription-based smart services, and urban micro-fulfillment. Emerging low-GWP tech and AI will minimize energy waste, ensuring resilience in a regulated, consumer-driven landscape.
Explore the full market insights and future trends-read the complete Market Report today! : https://www.futuremarketinsights.com/reports/sample/rep-gb-18500
Buy Now Report Here: https://www.futuremarketinsights.com/checkout/18500
Related Reports:
Glass Door Merchandisers Market
https://www.futuremarketinsights.com/reports/glass-door-merchandiser-market
Air Quality Monitoring Equipment Market
https://www.futuremarketinsights.com/reports/air-quality-monitoring-equipment-market
Portable Loading Ramps Market
https://www.futuremarketinsights.com/reports/portable-loading-ramps-market
Have a specific Requirements and Need Assistant on Report Pricing or Limited Budget please contact us - sales@futuremarketinsights.com
About Future Market Insights (FMI)
Future Market Insights, Inc. (FMI) is an ESOMAR-certified, ISO 9001:2015 market research and consulting organization, trusted by Fortune 500 clients and global enterprises. With operations in the U.S., UK, India, and Dubai, FMI provides data-backed insights and strategic intelligence across 30+ industries and 1200 markets worldwide.
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