Business

Commercial Refrigeration Equipment Market is Projected to Reach $53.23 Billion By 2026

Published

6 years ago

October 23, 2019

The global commercial refrigeration equipment market is forecasted to reach $53.23 billion by the end of 2026, according to a new report published by Reports and Data. Refrigeration is the need for many businesses and the process involved is to extract heat from any source to maintain the cabin temperature lower than ambient temperature.

The applications of commercial refrigeration equipment include preserved food, fruits, vegetables, meat and other goods that require a lower temperature to be good. The demand for commercial refrigeration equipment is increasing due to energy-efficient and sustainable technology in use.

The growing demand for frozen products among people is also boosting the global commercial refrigeration equipment market. There are many other factors such as rapid urbanization, changing lifestyles, rapid growth in the number of hypermarkets and supermarket boosting the sale of best freezers refrigerators.

The Clean Air Act in the U.S. states that all Chlorofluorocarbon (CFC) and hydrochlorofluorocarbon (HCFC) refrigerants must be recalled during servicing and repairs. This is impacting these refrigerant types and boosting the new commercial refrigerators sales.

Read the full report on – reportsanddata.com

The refrigerator and freezer held a market share of 21.4% in the hotel and restaurant last year. Walk-in freezers have the highest demand for commercial use in restaurants and hotels. Fluorocarbons are forecasted to hold the largest market share of 39.2% in the year 2026 due to the concern regarding the impact on the environment.

The use of commercial freezers in supermarkets and hypermarkets is projected to grow with a CAGR of 6.3% during the time frame. Asia Pacific region held a market share of 35.5% in the year 2018 and is forecasted to grow more strong throughout the time frame.

Business

Geivon “E.G.” Cisneros Expands Zooly AI Into the NHL Playoffs

Published

19 hours ago

May 4, 2025

Matthew Wiles

When the stakes are highest, innovation shines brightest. As the NHL Playoffs brought an electric energy to the ice, entrepreneur Geivon “E.G.” Cisneros and his tech company Zooly AI delivered a first-of-its-kind fan experience for the Tampa Bay Lightning, marking a pivotal moment in the evolution of real-time AI engagement in professional sports.

Leveraging Zooly’s flagship product, Photobomb, fans inside Amalie Arena during playoff games were given an entirely new way to connect with their team. With a simple QR code scan, spectators instantly received dynamic, personalized photos featuring the Lightning mascot ThunderBug, seamlessly inserted into their memories-no app download required, just pure surprise and delight.

In a setting where emotions run high and every moment matters, the Photobomb activation proved that artificial intelligence can enhance the magic of live events rather than distract from it. Fans flooded social media with their custom playoff memories, helping amplify the Lightning’s home-ice advantage beyond the rink and into the digital world.

“The playoffs are where legends are made,” said Geivon “E.G.” Cisneros, founder of Zooly AI. “It was important for us to show that AI can make these moments even more personal, not mechanical. We wanted fans to feel like they weren’t just spectators-they were part of the story.”

The activation drew massive engagement, with QR code scans and social shares surpassing expectations-proving that fans are eager for real-time, culturally connected experiences when the stakes are at their highest. For the Lightning, it deepened fan loyalty. For Zooly, it validated a vision: building the connective tissue between live emotion and intelligent digital interaction.

As Zooly AI continues expanding its footprint across professional sports, the Tampa Bay Lightning playoff activation stands as a landmark moment-one where culture, technology, and tradition collided under the brightest lights.

About Zooly:

Zooly AI is a next-gen artificial intelligence company redefining how fans, brands, and creators connect in real time. With products like Daily Vibes and Photobomb, Zooly blends culture, creativity, and technology to create unforgettable interactive moments. From arenas to digital campaigns, Zooly is powering the next generation of engagement.