Demand for Refrigerators and Freezers to Remain Strong in Latin America
With only six companies holding the majority, the Latin America commercial refrigeration equipment market demonstrates a highly consolidated landscape, states a new research study by Transparency Market Research (TMR). The top six companies, namely, Illinois Tool Works, Metalfrio Solutions, United Technologies Corp., Lennox International, Dover Corp., and Daikin Industries Ltd., accounted for nearly 92% of the overall market in 2016.
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