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Study #: 2661

Published: 07/2010

Pages: 210

Full Study Price: US$ 4,800

Per Page Price: US$ 35.00 (text) | 60.00 (table)

Commercial Refrigeration Equipment to 2014 - Market Research, Market Share, Market Size, Sales, Demand Forecast, Market Leaders, Company Profiles, Industry Trends

Demand for commercial refrigeration equipment in the US is forecast to rebound through 2014, growing 7.2 percent annually. Growth will be strongest for the largest product segment, transportation systems. Distribution will post the strongest market gains, while foodservice remains the largest segment.

This study analyzes the $6.6 billion US commercial refrigeration equipment industry. It presents historical demand data (1999, 2004, 2009) and forecasts for 2014 and 2019 by market (e.g., foodservice, food and beverage retail, food and beverage distribution, food and beverage production) and product (e.g., transportation refrigeration systems, beverage refrigeration equipment, display cases, reach-in refrigerators and freezers, walk-in refrigerators and freezers, ice machines, refrigerated vending machines).

The study also considers market environment factors, details industry structure, evaluates company market share and profiles 37 industry players, including Ingersoll-Rand, United Technologies and Manitowoc.

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				    TABLE OF CONTENTS

     SECTION									    PAGE

		Introduction							      ix

	I.	Executive Summary						       1

	II.	Market Environment						       4
		General								       4
		Macroeconomic Environment					       4
		Personal Income & Expenditure Trends				       8
		Nonresidential Building Construction				      11
		   Office & Commercial Construction				      14
		   Institutional Construction					      15
		   Industrial Construction					      16
		Retail Sales Trends						      17
		Food & Beverage Industry Overview				      19
		   Food & Beverage Outlook					      21
		      Food							      22
		      Beverages							      23
		Pricing								      25
		Historical Trends						      26
		Regulatory & Environmental Issues				      28
		Technology							      31
		World Commercial Refrigeration Equipment Outlook		      33
		US Foreign Trade						      34
		   Exports							      35
		   Imports							      36

	III.	Markets								      38
		General								      38
		New vs. Aftermarket						      42
		Foodservice							      43
		   Foodservice Industry Overview				      44
		   Commercial Refrigeration Demand				      46
		Food & Beverage Retail						      48
		   Food & Beverage Retail Overview				      49
		   Commercial Refrigeration Demand				      51
		Food & Beverage Distribution					      53
		   Food & Beverage Distribution Industry Overview		      54
		   Commercial Refrigeration Demand				      55
		Food & Beverage Production					      57
		   Food & Beverage Production Overview				      58
		   Commercial Refrigeration Demand				      61
		Other								      63

	IV.	Products							      66
		General								      66
		Transportation Refrigeration Systems				      69
		   Trailer Refrigeration					      72
		   Shipping Container Systems					      74
		   Truck Refrigeration Systems					      76
		Beverage Refrigeration Equipment				      78
		   Soda Fountain Equipment					      80
		   Beverage Cooling & Dispensing Equipment			      81
		   Mechanical Drinking Water Coolers				      83
		   Beer Dispensing Equipment					      84
		Display Cases							      86
		   Normal Temperature Display Cases				      88
		   Low Temperature Display Cases				      90
		Reach-In Refrigerators & Freezers				      92
		Walk-In Refrigerators & Freezers				      95
		Ice Machines							      98
		Refrigerated Vending Machines					     100
		Cryogenic Equipment						     102
		Liquid Chillers							     104
		   Centrifugal Liquid Chillers					     106
		   Reciprocating Liquid Chillers				     108
		   Absorption Liquid Chillers					     109
		Refrigeration Equipment Parts					     110
		Other Commercial Refrigeration Equipment			     112

	V.	Industry Structure						     115
		General								     115
		Market Share							     117
		Product Development & Manufacturing				     120
		Marketing & Distribution					     122
		Mergers & Acquisitions						     124
		Cooperative Agreements						     127
		Company Profiles						     128
		   A La Cart, see Dover 
		   Air Products and Chemicals Incorporated			     129
		   Alliance Compressors, see Emerson Electric and Ingersoll-Rand 
		   Automatic Products, see Crane 
		   Bally Refrigerated Boxes Incorporated			     130
		   Barker, see Dover 
		   Beverage-Air, see United Technologies 
		   Carlyle Compressor, see United Technologies 
		   Carrier, see United Technologies 
		   Coin Acceptors Incorporated					     132
		   ColdZone, see United Technologies 
		   Crane Company						     133
		   Daikin Industries Limited					     136
		   Delfield, see Manitowoc 
		   Dixie-Narco, see Crane 
		   Dover Corporation						     138
		   Dunham-Bush Holding Berhad					     143
		   Elkay Manufacturing Company					     144
		   Emerson Electric Company					     145
		   Empresa Brazileira de Compressores, see Whirlpool 
		   FES Systems, see GEA Group 
		   GEA Group AG							     150
		   Grindmaster-Cecilware Corporation				     152
		   Hartford Compressors, see Dunham-Bush 
		   Heatcraft Worldwide Refrigeration, see Lennox 
		   Hill PHOENIX, see Dover 
		   Hoshizaki Electric Company Limited				     154
		   Hussmann, see Ingersoll-Rand 
		   Illinois Tool Works Incorporated				     156
		   IMI plc							     158
		   Ingersoll-Rand plc						     160
		   International Cold Storage, see United Technologies 
		   Johnson Controls Incorporated				     163
		   Kairak, see Illinois Tool Works 
		   Kool Star, see Standex 
		   Kysor/Warren, see Manitowoc 
		   Leer Incorporated						     165
		   Lennox International Incorporated				     167
		   Manitowoc Company Incorporated				     169
		   Master-Bilt, see Standex 
		   McCall Refrigeration, see Manitowoc 
		   McQuay, see Daikin 
		   Metalfrio Solutions SA					     176
		   Mueller (Paul) Company					     178
		   Multiplex/Servend, see Manitowoc 
		   Nor-Lake, see Standex 
		   Oasis International						     180
		   Parker-Hannifin Corporation					     182
		   Perlick Corporation						     183
		   Polar King International Incorporated			     184
		   Praxair Incorporated						     186
		   Royal Vendors, see Coin Acceptors 
		   Russell, see United Technologies 
		   Sanden Corporation						     187
		   SANYO Electric Company Limited				     189
		   Source Refrigeration & HVAC Incorporated			     191
		   SPX Corporation						     192
		   Standex International Corporation				     193
		   Taylor, see United Technologies 
		   Tecumseh Products Company					     196
		   Thermo Fisher Scientific Incorporated			     198
		   Thermo King, see Ingersoll-Rand 
		   Trane, see Ingersoll-Rand 
		   Traulsen & Company, see Illinois Tool Works 
		   True Manufacturing Company Incorporated			     201
		   Tyler Refrigeration, see Dover 
		   Unified Brands, see Dover 
		   United Technologies Corporation				     203
		   Vilter Manufacturing, see Emerson Electric 
		   Whirlpool Corporation					     208
		   Witt, see United Technologies 
		   Zero Zone Incorporated					     210


				      LIST OF TABLES

    TABLE NUMBER								    PAGE


		SECTION I -- Executive Summary
		Summary Table							       3

		SECTION II -- Market Environment
	1	Macroeconomic Indicators					       8
	2	Personal Consumption Expenditures				      10
	3	Nonresidential Building Construction Expenditures		      14
	4	Retail Sales							      19
	5	Food & Beverage Shipments					      21
	6	Commercial Refrigeration Equipment Market, 1999-2009		      28
	7	US Foreign Trade in Commercial Refrigeration Equipment		      34

		SECTION III -- Markets
	1	Commercial Refrigeration Equipment Demand by Market		      40
	2	New vs. Aftermarket Demand for Commercial 
		   Refrigeration Equipment					      43
	3	Foodservice Revenues						      45
	4	Foodservice Market for Commercial Refrigeration Equipment 
		   by Sector & Type						      48
	5	Food & Beverage Retail						      50
	6	Food & Beverage Retail Market for Commercial 
		   Refrigeration Equipment					      53
	7	Food & Beverage Distribution Market for Commercial Refrigeration Equip								      57
	8	Food & Beverage Shipments					      61
	9	Food & Beverage Production Market for Commercial 
		   Refrigeration Equipment					      63
	10	Other Markets for Commercial Refrigeration Equipment		      65

		SECTION IV -- Products
	1	Commercial Refrigeration Equipment Supply & Demand		      68
	2	Transportation Refrigeration System Supply & Demand		      72
	3	Trailer Refrigeration Equipment Demand				      74
	4	Shipping Container System Demand				      76
	5	Truck Refrigeration System Demand				      77
	6	Beverage Refrigeration Equipment Supply & Demand		      79
	7	Soda Fountain Equipment Shipments				      81
	8	Beverage Cooling & Dispensing Equipment Shipments		      82
	9	Mechanical Drinking Water Cooler Shipments			      84
	10	Beer Dispensing Equipment Shipments				      85
	11	Display Case Supply & Demand					      88
	12	Normal Temperature Display Case Shipments			      90
	13	Low Temperature Display Case Shipments				      92
	14	Reach-In Refrigerator & Freezer Supply & Demand			      95
	15	Walk-In Refrigerator & Freezer Supply & Demand			      97
	16	Ice Machine Supply & Demand					     100
	17	Refrigerated Vending Machine Supply & Demand			     102
	18	Cryogenic Equipment Supply & Demand				     104
	19	Liquid Chiller Supply & Demand					     106
	20	Centrifugal Liquid Chiller Supply & Demand			     108
	21	Reciprocating Liquid Chiller Supply & Demand			     109
	22	Absorption Liquid Chiller Supply & Demand			     110
	23	Commercial Refrigeration Equipment Parts  
		   Supply & Demand						     112
	24	Other Commercial Refrigeration Equipment 
		   Supply & Demand						     114

		SECTION V -- Industry Structure
	1	US Commercial Refrigeration Equipment Sales 
		   by Company, 2009						     117
	2	Selected Acquisitions & Divestitures				     126


				      LIST OF CHARTS

    CHART NUMBER								    PAGE


		SECTION II -- Market Environment
	1	US Commercial Refrigeration Equipment Exports 
		   by Destination, 2009						      36
	2	US Commercial Refrigeration Equipment Imports 
		   by Source, 2009						      37

		SECTION III -- Markets
	1	Commercial Refrigeration Equipment Demand 
		   by Market, 2009						      40
	2	Commercial Refrigeration Equipment Industry Flowchart		      41

		SECTION V -- Industry Structure
	1	Commercial Refrigeration Equipment Market Share  
		   by Company, 2009						     118


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