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Market Research Report
COMMERCIAL REFRIGERATION EQUIPMENT (US industry forecasts for 2014 & 2019)
| Published by |
The Freedonia Group |
| Published |
July, 2010 |
Product code |
124253 |
| Content info |
210 PAGES |
| Price |
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COMMERCIAL REFRIGERATION EQUIPMENT (US industry forecasts for 2014 & 2019) published by The Freedonia Group in July, 2010. This report consists of 210 PAGES and the price starts from US $ 4800.
Abstract
US demand to exceed $8 billion in 2014
Demand for commercial refrigeration equipment in the US is forecast to rebound
through 2014, growing over seven percent per year (including price increases)
to exceed $8 billion. Demand in 2009 was drastically impacted by the US
recession, which caused food industry participants to postpone capital
improvements and expansions. Advances will result from an improving capital
investment outlook as economic recovery encourages end users to renovate or
expand existing facilities.
Opportunities will also result from the rising number of foodservice operators
and food retailers. In addition, the average amount of floor space at food
retail outlets will rise, resulting in greater sales volume and requiring for
more refrigeration equipment per store. Consumer demand for a wider range of
refrigerated food products will create opportunities both in the retail and
foodservice markets. Advances will be strongest for commercial refrigeration
equipment firms that offer energy efficient equipment because food industry
operators seek out equipment that can improve their margins by lowering
operating costs. The dominant aftermarket segment, which consists of repair
and replacement of currently used equipment, comprises about 70 percent of
demand.
Foodservice segment to remain largest market
Foodservice is expected to remain the largest market for commercial
refrigeration equipment through 2014, as Americans will continue to spend
nearly onehalf of their food budget outside the home. The food and beverage
retail market will post gains, due to the rising number of food retailers in
the US. In addition, consumers' growing appetite for a widening range of
refrigerated foods will increase the amount of refrigeration equipment per
store.
Shipments to lag demand as imports crowd markets
Shipments of commercial refrigeration equipment from US facilities are
forecast to rise five percent annually through 2014. Advances will be limited
by competition from imports both in domestic and export markets. The US has
become a net importer of commercial refrigeration equipment, reflecting a
trend in the broader heating, ventilating and air conditioning industry.
Study coverage
This new Freedonia industry study, “Commercial Refrigeration
Equipment”, presents historical demand data (1999, 2004 and 2009)
plus forecasts for 2014 and 2019 by market (e.g., foodservice, food and
beverage retail, food and beverage distribution, food and beverage production)
and product. The study also considers market environment factors, evaluates
company market share and profiles 38 competitors in the US industry.
This study can help you:
- Determine your market & sales potential
- Learn more about industry competitors
- Assess new products & technologies
- Identify firms to merge with or acquire
- Complement your research & planning
- Gather data for presentations
- Confirm your own internal data
- Make better business decisions
Freedonia' s methods involve:
- Establishing consistent economic and market forecasts
- Using input/output ratios, flow charts and other economic methods to
quantify data
- Employing in-house analysts who meet stringent quality standards
- Interviewing key industry participants, experts and end users
- Researching a proprietary database that includes trade publications,
government reports and corporate literature
Table of Contents
INTRODUCTION
I. EXECUTIVE SUMMARY
II. MARKET ENVIRONMENT
- General
- Macroeconomic Environment
- Personal Income & Expenditure Trends
- Nonresidential Building Construction
- Office & Commercial Construction
- Institutional Construction
- Industrial Construction
- Retail Sales Trends
- Food & Beverage Industry Overview
- Food & Beverage Outlook
- Pricing
- Historical Trends
- Regulatory & Environmental Issues
- Technology
- World Commercial Refrigeration Equipment Outlook
- US Foreign Trade
III. MARKETS
- General
- New vs. Aftermarket
- Foodservice
- Foodservice Industry Overview
- Commercial Refrigeration Demand
- Food & Beverage Retail
- Food & Beverage Retail Overview
- Commercial Refrigeration Demand
- Food & Beverage Distribution
- Food & Beverage Distribution Industry Overview
- Commercial Refrigeration Demand
- Food & Beverage Production
- Food & Beverage Production Overview
- Commercial Refrigeration Demand
- Other
IV. PRODUCTS
- General
- Transportation Refrigeration Systems
- Trailer Refrigeration
- Shipping Container Systems
- Truck Refrigeration Systems
- Beverage Refrigeration Equipment
- Soda Fountain Equipment
- Beverage Cooling & Dispensing Equipment
- Mechanical Drinking Water Coolers
- Beer Dispensing Equipment
- Display Cases
- Normal Temperature Display Cases
- Low Temperature Display Cases
- Reach-In Refrigerators & Freezers
- Walk-In Refrigerators & Freezers
- Ice Machines
- Refrigerated Vending Machines
- Cryogenic Equipment
- Liquid Chillers
- Centrifugal Liquid Chillers
- Reciprocating Liquid Chillers
- Absorption Liquid Chillers
- Refrigeration Equipment Parts
- Other Commercial Refrigeration Equipment
V. INDUSTRY STRUCTURE
- General
- Market Share
- Product Development & Manufacturing
- Marketing & Distribution
- Mergers & Acquisitions
- Cooperative Agreements
COMPANY PROFILES
- A La Cart, see Dover
- Air Products and Chemicals Incorporated
- Alliance Compressors, see Emerson Electric and Ingersoll-Rand
- Automatic Products, see Crane
- Bally Refrigerated Boxes Incorporated
- Barker, see Dover
- Beverage-Air, see United Technologies
- Carlyle Compressor, see United Technologies
- Carrier, see United Technologies
- Coin Acceptors Incorporated
- ColdZone, see United Technologies
- Crane Company
- Daikin Industries Limited
- Delfield, see Manitowoc
- Dixie-Narco, see Crane
- Dover Corporation
- Dunham-Bush Holding Berhad
- Elkay Manufacturing Company
- Emerson Electric Company
- Empresa Brazileira de Compressores, see Whirlpool
- FES Systems, see GEA Group
- GEA Group AG
- Grindmaster-Cecilware Corporation
- Hartford Compressors, see Dunham-Bush
- Heatcraft Worldwide Refrigeration, see Lennox
- Hill PHOENIX, see Dover
- Hoshizaki Electric Company Limited
- Hussmann, see Ingersoll-Rand
- Illinois Tool Works Incorporated
- IMI plc
- Ingersoll-Rand plc
- International Cold Storage, see United Technologies
- Johnson Controls Incorporated
- Kairak, see Illinois Tool Works
- Kool Star, see Standex
- Kysor/Warren, see Manitowoc
- Leer Incorporated
- Lennox International Incorporated
- Manitowoc Company Incorporated
- Master-Bilt, see Standex
- McCall Refrigeration, see Manitowoc
- McQuay, see Daikin
- Metalfrio Solutions SA
- Mueller (Paul) Company
- Multiplex/Servend, see Manitowoc
- Nor-Lake, see Standex
- Oasis International
- Parker-Hannifin Corporation
- Perlick Corporation
- Polar King International Incorporated
- Praxair Incorporated
- Royal Vendors, see Coin Acceptors
- Russell, see United Technologies
- Sanden Corporation
- SANYO Electric Company Limited
- Source Refrigeration & HVAC Incorporated
- SPX Corporation
- Standex International Corporation
- Taylor, see United Technologies
- Tecumseh Products Company
- Thermo Fisher Scientific Incorporated
- Thermo King, see Ingersoll-Rand
- Trane, see Ingersoll-Rand
- Traulsen & Company, see Illinois Tool Works
- True Manufacturing Company Incorporated
- Tyler Refrigeration, see Dover
- Unified Brands, see Dover
- United Technologies Corporation
- Vilter Manufacturing, see Emerson Electric
- Whirlpool Corporation
- Witt, see United Technologies
- Zero Zone Incorporated
LIST OF TABLES
SECTION I -- EXECUTIVE SUMMARY
SECTION II -- MARKET ENVIRONMENT
- Macroeconomic Indicators
- Personal Consumption Expenditures
- Nonresidential Building Construction Expenditures
- Retail Sales
- Food & Beverage Shipments
- Commercial Refrigeration Equipment Market, 1999-2009
- US Foreign Trade in Commercial Refrigeration Equipment
SECTION III -- MARKETS
- Commercial Refrigeration Equipment Demand by Market
- New vs. Aftermarket Demand for Commercial Refrigeration Equipment
- Foodservice Revenues
- Foodservice Market for Commercial Refrigeration Equipment by Sector & Type
- Food & Beverage Retail
- Food & Beverage Retail Market for Commercial Refrigeration Equipment
- Food & Beverage Distribution Market for Commercial Refrigeration Equipment
- Food & Beverage Shipments
- Food & Beverage Production Market for Commercial Refrigeration Equipment
- Other Markets for Commercial Refrigeration Equipment
SECTION IV -- PRODUCTS
- Commercial Refrigeration Equipment Supply & Demand
- Transportation Refrigeration System Supply & Demand
- Trailer Refrigeration Equipment Demand
- Shipping Container System Demand
- Truck Refrigeration System Demand
- Beverage Refrigeration Equipment Supply & Demand
- Soda Fountain Equipment Shipments
- Beverage Cooling & Dispensing Equipment Shipments
- Mechanical Drinking Water Cooler Shipments
- Beer Dispensing Equipment Shipments
- Display Case Supply & Demand
- Normal Temperature Display Case Shipments
- Low Temperature Display Case Shipments
- Reach-In Refrigerator & Freezer Supply & Demand
- Walk-In Refrigerator & Freezer Supply & Demand
- Ice Machine Supply & Demand
- Refrigerated Vending Machine Supply & Demand
- Cryogenic Equipment Supply & Demand
- Liquid Chiller Supply & Demand
- Centrifugal Liquid Chiller Supply & Demand
- Reciprocating Liquid Chiller Supply & Demand
- Absorption Liquid Chiller Supply & Demand
- Commercial Refrigeration Equipment Parts Supply & Demand
- Other Commercial Refrigeration Equipment Supply & Demand
SECTION V -- INDUSTRY STRUCTURE
- US Commercial Refrigeration Equipment Sales by Company, 2009
- Selected Acquisitions & Divestitures
LIST OF CHARTS
SECTION II -- MARKET ENVIRONMENT
- US Commercial Refrigeration Equipment Exports by Destination, 2009
- US Commercial Refrigeration Equipment Imports by Source, 2009
SECTION III -- MARKETS
- Commercial Refrigeration Equipment Demand by Market, 2009
- Commercial Refrigeration Equipment Industry Flowchart
SECTION V -- INDUSTRY STRUCTURE
- Commercial Refrigeration Equipment Market Share by Company, 2009
Commercial Refrigeration Equipment Market Demand in US Expected to Reach $9.4 Billion in 2014
July 29th, 2010
Global Information Inc. would like to present a new market research report, "COMMERCIAL REFRIGERATION EQUIPMENT (US industry forecasts for 2014 & 2019)" by The Freedonia Group.
According to a new report from The Freedonia Group, "Demand for commercial refrigeration equipment in the US is forecast to rebound through 2014, growing 7.2 percent per year (including price increases) to $9.4 billion." Due to the economic recession, food industry participants were forced to suspend capital expansions and improvements, which radically impacted US demand in 2009. Advances in this market will be driven by the recovering economy and an improving capital investment outlook. As the economic landscape starts to look more optimistic, end users will regain confidence to expand or renovate existing facilities. Additionally, as companies throughout the entire food industry seek to reduce operation expenditures, rising demand for energy efficient equipment will become the characteristic market trend.
Key findings in this report:
- Transportation refrigeration equipment will post double-digit gains and exhibit the strongest growth.
- Demand for ice machines and beverage refrigeration equipment will benefit from the rising number of drinking and eating facilities.
- Energy efficient equipment for food related product categories will be remarkably strong.
- The average amount of floor space at food retail outlets will increase, which creates potential for more refrigeration equipment per store.
- Reflecting recovery in fixed investment levels of fleet operators, the distribution market will post strongest gains versus other segments through 2014.
| US COMMERCIAL REFRIGERATION EQUIPMENT DEMAND |
| % Annual Growth |
| Item | 2004 | 2009 | 2014 | 2004-2009 | 2009-2014 |
| Commercial Equipment Equip Demand | 7075 | 6600 | 9350 | -1.4 | 7.2 |
| Foodservice | 2190 | 2175 | 2900 | -0.1 | 5.9 |
| Food & Beverage Retail | 1700 | 1760 | 2290 | 0.7 | 5.4 |
| Food & Beverage Distribution | 1555 | 1075 | 2050 | -7.0 | 13.8 |
| Food & Beverage Production | 405 | 360 | 470 | -2.3 | 5.5 |
| Other | 1225 | 1230 | 1640 | 0.1 | 5.9 |
©2010 by The Freedonia Group, Inc.
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