GETWAB

02 / Market Size

How large is the NAICS 423740 federal market?

Net obligations$13.28M
Contract actions587
Vendors226
Federal customers39
Contracting offices198
Average action$22.6K
Largest action$818.2K
Data coverageFY 2019–FY 2025

03 / Spending Trend

NAICS 423740 contract spending by fiscal year

Annual obligations, activity, and participation across the same FY 2019–FY 2025 profile window.

Latest closed fiscal year$736.5K
FY 2025
Fiscal yearObligationsActionsVendorsCustomersChange
FY 2019$2.85M1016522
FY 2020$2.27M825120−20.1%
FY 2021$2.17M994518−4.6%
FY 2022$2.00M1005419−7.9%
FY 2023$2.05M834713+2.4%
FY 2024$1.21M673815−41.0%
FY 2025$736.5K552914−39.0%

04 / Top Federal Customers

Which federal agencies buy most in this industry?

Ranked by net obligations during FY 2019–FY 2025.

Federal customerCodeObligationsActionsVendorsMarket share
STATE, DEPARTMENT OF1900$3.57M2084826.9%
FEDERAL PRISON SYSTEM / BUREAU OF PRISONS1540$1.72M813413.0%
DEPT OF THE AIR FORCE5700$1.42M312110.7%
VETERANS AFFAIRS, DEPARTMENT OF3600$1.19M1979.0%
U.S. COAST GUARD7008$923.6K48337.0%
U.S. IMMIGRATION AND CUSTOMS ENFORCEMENT7012$902.3K1016.8%
DEFENSE LOGISTICS AGENCY97AS$862.9K866.5%
DEPT OF THE ARMY2100$322.5K1192.4%
SMITHSONIAN INSTITUTION3300$298.2K33162.2%
FEDERAL EMERGENCY MANAGEMENT AGENCY7022$297.1K3552.2%

05 / Contracting Offices

Which contracting offices buy in NAICS 423740?

Ranked by net obligations during FY 2019–FY 2025.

06 / Top Vendors

Which contractors lead the NAICS 423740 market?

VendorObligationsActionsCustomersMarket shareLatest activity
MISCELLANEOUS FOREIGN AWARDEES$1.70M107212.8%May 28, 2025
NACCI CONSTRUCTION SERVICES, INC.$1.00M517.5%Sep 28, 2022
COLD BOX EXPRESS, INC.$902.3K1016.8%Jul 25, 2025
HDT EXPEDITIONARY SYSTEMS, INC.$818.2K216.2%Jun 15, 2020
SWEGON OPERATIONS S.R.L.$320.3K412.4%Sep 21, 2022
MULTISTACK SERVICE TITAN, LLC$302.3K812.3%Jun 28, 2021
UNITED REFRIGERATION, INC$282.6K1012.1%Aug 12, 2025
EXPORT 220VOLT INC.$252.0K1221.9%Sep 22, 2023
QUALITY REFRIGERATION COMPANY, INC.$234.2K211.8%May 18, 2021
FRISTOE & REYNOLDS INC$221.4K111.7%Jul 12, 2021

07 / Product and Service Mix

What products and services are purchased under NAICS 423740?

PSCDescriptionObligationsActionsVendorsShare
4110REFRIGERATION EQUIPMENT$3.09M1468623.2%
4130REFRIGERATION AND AIR CONDITIONING COMPONENTS$3.04M1196022.9%
W041LEASE OR RENTAL OF EQUIPMENT- REFRIGERATION, AIR CONDITIONING, AND AIR CIRCULATING EQUIPMENT$1.13M4248.5%
J072MAINT/REPAIR/REBUILD OF EQUIPMENT- HOUSEHOLD AND COMMERCIAL FURNISHINGS AND APPLIANCES$1.00M517.5%
4120AIR CONDITIONING EQUIPMENT$966.0K35127.3%
7320KITCHEN EQUIPMENT AND APPLIANCES$950.4K32187.2%
J041MAINT/REPAIR/REBUILD OF EQUIPMENT- REFRIGERATION, AIR CONDITIONING, AND AIR CIRCULATING EQUIPMENT$725.4K41155.5%
3605FOOD PRODUCTS MACHINERY AND EQUIPMENT$217.4K1141.6%
4420HEAT EXCHANGERS AND STEAM CONDENSERS$211.1K111.6%
H141QUALITY CONTROL- REFRIGERATION, AIR CONDITIONING, AND AIR CIRCULATING EQUIPMENT$132.2K511.0%

08 / Buying Pattern

How does the government buy in NAICS 423740?

Competed under SAP64.7%380 actions
Other / unknown19.8%116 actions
Not available for competition10.1%59 actions
Competed4.3%25 actions
Not competed under SAP0.9%5 actions
Not competed0.3%2 actions
Other than small business share94.5%$12.55M
Small business share5.5%$733.4K
Common action typeObligationsActions
PURCHASE ORDER$12.20M528
BPA CALL$528.9K34
DEFINITIVE CONTRACT$522.3K16
DELIVERY ORDER$26.4K9

09 / Recent Contract Awards

What was awarded most recently in NAICS 423740?

10 / Market Interpretation

How should contractors evaluate this market?

01

Start with the spending direction

Compare annual obligations with actions and vendor participation. Growth driven by only a few large actions represents a different opportunity from broad, recurring demand.

02

Follow the actual buyers

Move from federal customers to contracting offices. Offices reveal where acquisition responsibility and recurring purchasing activity are concentrated.

03

Measure accessible demand

Use competition, small-business participation, incumbent vendors, and PSC mix before treating the full $13.28M market as addressable.