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NAICS Code· 423740

NAICS 423740: Refrigeration Equipment and Supplies Merchant Wholesalers

This industry comprises establishments primarily engaged in the merchant wholesale distribution of refrigeration equipment (except household-type refrigerators, freezers, and air-conditioners). Illustrative Examples: Cold storage machinery merchant wholesalers Refrigerated display cases merchant wholesalers Commercial refrigerators merchant wholesalers Water coolers merchant wholesalers Cross-References. Establishments primarily engaged in--Show more

NAICS 423740 – Refrigeration Equipment and Supplies Merchant Wholesalers encompasses the wholesale distribution of commercial and industrial refrigeration systems, components, and associated supplies, including compressors, condensers, evaporators, refrigerants, temperature control devices, and insulation materials. This sector supports critical infrastructure requiring precise thermal management, such as food processing facilities, healthcare storage units, laboratories, and military logistics hubs.

20
Active Contracts
$1.4M
Total Obligations (12mo)
43
Awarded Contracts (12mo)
28
Contractors Awarded (12mo)
2
Median Bidders per Award
+63.6%
YoY Growth

Industry Spending Overview

Federal obligations, top contractors and agencies, and related industry codes for NAICS 423740.

AI Industry Description

NAICS 423740 – Refrigeration Equipment and Supplies Merchant Wholesalers encompasses the wholesale distribution of commercial and industrial refrigeration systems, components, and associated supplies, including compressors, condensers, evaporators, refrigerants, temperature control devices, and insu...

NAICS 423740 – Refrigeration Equipment and Supplies Merchant Wholesalers encompasses the wholesale distribution of commercial and industrial refrigeration systems, components, and associated supplies, including compressors, condensers, evaporators, refrigerants, temperature control devices, and insulation materials. This sector supports critical infrastructure requiring precise thermal management, such as food processing facilities, healthcare storage units, laboratories, and military logistics hubs. In government contracting, this NAICS code serves as a vital supply chain link, enabling federal installations to maintain cold chain integrity for medical vaccines, perishable rations, and scientific samples. Merchant wholesalers in this space typically act as intermediaries between manufacturers and end-users, providing technical support, inventory management, and just-in-time delivery services tailored to federal procurement timelines and compliance standards. No contractor data is available to identify top performers in this NAICS code within the government contracting space. The competitive landscape likely includes a mix of large national distributors, regional specialty wholesalers, and small businesses certified under programs such as HUBZone or 8(a), though no dominant primes have been identified in federal award records. No agency data is available to pinpoint primary buyers. However, demand is expected to originate from agencies managing cold chain operations, including the Department of Defense for field rations and medical logistics, the Department of Health and Human Services for vaccine storage, and the U.S. Postal Service for pharmaceutical distribution networks. The market presents moderate opportunity density with consistent, mission-critical demand but limited high-dollar contract visibility. Contractors with expertise in federal procurement compliance, inventory traceability, and rapid-response logistics stand to gain advantage. Growth is tied to infrastructure modernization, climate resilience initiatives, and expanded cold chain capabilities in remote or expeditionary environments.

Top Contractors

Companies with the highest total award value under NAICS 423740, ranked by dollars won.

Competition

How many companies historically bid on federal awards in NAICS 423740, from bidder counts reported on USAspending.

Fewer Bidders

Median under 3 bidders per reported award. · 6,822 reported awards

Median Bidders

2

Per reported award, all-time

Single-Bid Awards

41%

Share of reported awards with one bidder

10+ Bidder Awards

2%

Share of reported awards with 10+ bidders

Reported Awards

0

96% of 7,112 total awards

How this code compares up the NAICS hierarchy. Parent cohorts pool every code under their prefix, so they are the steadier baseline when a 6-digit sample is thin.

Industry FamilyCompetitionMedian BiddersSingle-BidBidder MixReported Awards
423740This Code
Refrigeration Equipment and Supplies Merchant Wholesalers
Fewer Bidders241%
6,82296% of 7,112
42374NAICS Industry
Fewer Bidders241%
6,82296% of 7,112
4237Industry Group
Hardware, and Plumbing and Heating Equipment and Supplies Merchant Wholesalers
Crowded Field227%
402,72259% of 677,653
423Subsector
Fewer Bidders224%
4,637,13638% of 12,293,914
42Sector
Wholesale Trade
Moderate Competition318%
7,843,00441% of 19,068,846

Bidder counts reported on past federal awards in this NAICS (USAspending). An open opportunity has no bidders yet, so this is the historical norm for similar work, not a fact about this solicitation. Not all awards report bidder counts, and fewer bidders often means incumbent-held work rather than an easier win. Federal reporting of bidder counts fell from ~96% of awards (FY2016) to ~30% (FY2018 onward); the chart shows shares of reported awards, and washed-out stretches mark years with fewer than 30 of them.

Related NAICS Codes

Industries similar to Refrigeration Equipment and Supplies Merchant Wholesalers, by shared sector, subsector, and industry group.

Hardware Merchant Wholesalers

This industry comprises establishments primarily engaged in the merchant wholesale distribution of h...
423710Same Industry GroupHigh Similarity

Plumbing and Heating Equipment and Supplies (Hydronics) Merchant Wholesalers

This industry comprises establishments primarily engaged in the merchant wholesale distribution of p...
423720Same Industry GroupHigh Similarity

Warm Air Heating and Air-Conditioning Equipment and Supplies Merchant Wholesalers

This industry comprises establishments primarily engaged in the merchant wholesale distribution of w...
423730Same Industry GroupHigh Similarity

Automobile and Other Motor Vehicle Merchant Wholesalers

This industry comprises establishments primarily engaged in the merchant wholesale distribution of n...
423110Same SubsectorMedium Similarity

Motor Vehicle Supplies and New Parts Merchant Wholesalers

This industry comprises establishments primarily engaged in the merchant wholesale distribution of m...
423120Same SubsectorMedium Similarity

Tire and Tube Merchant Wholesalers

This industry comprises establishments primarily engaged in the merchant wholesale distribution of n...
423130Same SubsectorMedium Similarity

Motor Vehicle Parts (Used) Merchant Wholesalers

This industry comprises establishments primarily engaged in the merchant wholesale distribution of u...
423140Same SubsectorMedium Similarity

Furniture Merchant Wholesalers

This industry comprises establishments primarily engaged in the merchant wholesale distribution of f...
423210Same SubsectorMedium Similarity

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NAICS 423740 FAQ

Frequently Asked Questions

NAICS code 423740 covers Refrigeration Equipment and Supplies Merchant Wholesalers. This industry comprises establishments primarily engaged in the merchant wholesale distribution of refrigeration equipment (except household-type refrigerators, freezers, and air-conditioners). Illustrative Examples: Cold storage machinery merchant wholesalers Refrigerated display cases merchant wholesalers Commercial refrigerators merchant wholesalers Water coolers merchant wholesalers Cross-References. Establishments primarily engaged in--

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Miguel
Hillary
Keith Deutsch
Christine

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