Study #: 2414

Published: 10/2008

Pages: 372

Full Study Price: US$ 5,700

Per Page Price: US$ 30.00

World Commercial Refrigeration Equipment to 2012 - Market Research, Market Share, Market Size, Sales, Demand Forecast, Market Leaders, Company Profiles, Industry Trends

Global demand for commercial refrigeration equipment will rise 4.6 percent annually through 2012. Developing nations will register the strongest gains, especially those in Latin America and Asia. The US will remain the largest market, as replacement demand continues to create opportunities.

This study analyzes the $23.4 billion global commercial refrigeration equipment industry. It presents historical demand data for the years 1997, 2002 and 2007, and forecasts for 2012 and 2017 by product (e.g., reach-in and walk-in coolers and freezers, display cases, beverage refrigeration equipment, ice machines), world region (e.g., Asia/Pacific, North America, Western Europe) and for 27 countries.

The study also considers market environment factors, details industry structure, evaluates company market share and profiles 48 industry players, including United Technologies, Ingersoll-Rand and Manitowoc.

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TABLE OF CONTENTS


SECTION                                                                        PAGE

                INTRODUCTION                                                   xiii
                
          I.    EXECUTIVE SUMMARY                                                 1

         II.    MARKET ENVIRONMENT                                                4
                General                                                           4
                World Population Outlook                                          5
                World Urbanization Patterns                                       7
                World Economic Outlook                                            8
                    Recent Macroeconomic Performance                              9
                    Macroeconomic Outlook                                        12
                Fixed Investment Trends                                          15
                Personal Income & Expenditure Trends                             20
                World Food & Beverage Manufacturing Outlook                      21
                Nonresidential Building Expenditures                             24
                Pricing Patterns                                                 26
                Legal & Regulatory Issues                                        27
                    Montreal Protocol                                            28
                    Kyoto Protocol                                               30
                Technology & Product Innovation                                  32
                
        III.    OVERVIEW                                                         34
                General        34
                Regional Markets                                                 35
                Products                                                         39
                    Reach-In & Walk-In Coolers & Freezers                        41
                    Display Cases                                                43
                    Beverage Refrigeration Equipment                             45
                    Ice Machines                                                 47
                    Parts & Other                                                49
                Production                                                       51
                International Trade Flows                                        52
                
         IV.    NORTH AMERICA                                                    55
                Supply & Demand                                                  55
                Outlook & Suppliers                                              57
                United States                                                    59
                Canada                                                           63
                Mexico                                                           68

          V.    WESTERN EUROPE                                                   74
                Supply & Demand74
                Outlook & Suppliers                                              77
                Austria                                                          79
                Belgium                                                          83
                France                                                           87
                Germany                                                          91
                Italy                                                            96
                Netherlands                                                     101
                Spain                                                           105
                Sweden                                                          110
                Switzerland                                                     114
                United Kingdom                                                  118
                Other Western Europe                                            122

         VI.    ASIA/PACIFIC                                                    127
                Supply & Demand                                                 127
                Outlook & Suppliers                                             131
                Australia                                                       132
                China                                                           136
                India                                                           141
                Indonesia                                                       146
                Japan                                                           151
                South Korea                                                     156
                Taiwan                                                          161
                Thailand                                                        165
                Other Asia/Pacific                                              169

        VII.    OTHER REGIONS                                                   175
                Latin America                                                   175
                    Argentina                                                   179
                    Brazil                                                      182
                    Other Latin America                                         187            
                Eastern Europe                                                  192
                    Poland                                                      196
                    Russia                                                      199
                    Other Eastern Europe                                        204
                Africa/Mideast                                                  208
                    South Africa                                                212
                    Turkey                                                      215
                    Other Africa/Mideast                                        220

       VIII.    INDUSTRY STRUCTURE                                              225
                General                                                         225
                Industry Composition                                            226
                Market Share                                                    229
                    United Technologies                                         230
                    Ingersoll-Rand                                              230
                    Manitowoc                                                   230
                    Hoshizaki                                                   231
                    Other Leaders                                               231
                Mergers, Acquisitions & Industry Restructuring                  232
                Product Development & Manufacturing                             237
                Marketing & Distribution                                        239
                Cooperative Agreements                                          241
                Company Profiles                                                248
                    AHT Cooling Systems GmbH                                    249
                    Air Products and Chemicals Incorporated                     251
                    Ali SpA                                                     252
                    Alliance Compressors LLC, see Emerson Electric, 
                      Ingersoll-Rand and Lennox                                    
                    Automatic Products Incorporated, see Crane
                    Beijing ER Shang-Fukushima Machinery Electric Company Limited, 
			see Fukushima Industries
                    Berjaya Corporation Berhad                                  257
                    Beverage-Air Corporation, see Ali
                    Bristol Compressors Incorporated, see Johnson Controls
                    Bundy Refrigeration                                         258
                    Caravell UK Limited, see AHT Cooling Systems
                    Carlyle Compressor Company, see United Technologies
                    Carrier Corporation, see United Technologies
                    Castel MAC SpA, see Manitowoc
                    Celli SpA                                                   260
                    Cleveland Range LLC, see Manitowoc
                    ColdZone, see United Technologies
                    Crane Company                                               261
                    Criosbanc SpA, see United Technologies
                    Daikin Industries Limited                                   263
                    Daiwa Industries Limited                                    266
                    Dalian Bingshan Group Company Limited                       267
                    Danfoss A/S                                                 270
                    Delfield Company, see Manitowoc
                    Dixie-Narco Incorporated, see Crane
                    Dover Corporation                                           273
                    Dunham-Bush Holding Berhad                                  276
                    Electrolux AB                                               279
                    Embraco SA, see Empresa Brasileira de Compressores
                    Emerson Electric Company                                    281
                    Enodis plc, see Manitowoc
                    Federal Industries, see Standex
                    FEMSA, see Fomento Economico Mexicano
                    Fincoil-teollisuus Oy, see United Technologies
                    FMC Technologies Incorporated                               286
                    Fomento Economico Mexicano SA de CV                         287
                    Foster Refrigerator UK Limited, see Illinois Tool Works
                    Friga-Bohn, see Lennox
                    Friginox, see Ali
                    Frigoglass SAIC                                             288
                    Friulinox, see Ali
                    Fukushima Industries Corporation                            289
                    Fusite, see Emerson Electric
                    Gamko Holding BV, see United Technologies
                    Gateway Mechanical Services Incorporated, see Vector
                    GBG Slush, see Ali
                    GEA Group AG                                                291
                    GPL, see Crane
                    Harford Duracool LLC, see Manitowoc
                    Hartford Compressors Incorporated, see Dunham-Bush
                    HC Duke and Son Incorporated, see Ali
                    Heatcraft Worldwide Refrigeration, see Lennox
                    Hiber Ali SpA, see Ali
                    Hill Phoenix Incorporated, see Dover
                    HK Refrigeration, see Lennox
                    Hoshizaki Electric Company Limited                          294
                    Hussmann Corporation, see Ingersoll-Rand
                    Hyfra Industriekuehlanlagen GmbH, see Lennox
                    Ice-O-Matic, see Manitowoc
                    Illinois Tool Works Incorporated                            297
                    IMI plc                                                     299
                    Ingersoll-Rand Company Limited                              302
                    J&E Hall International Limited, see Daikin
                    Jade Products Company, see Whirlpool
                    Jiangsu Shuangliang Group Company Limited                   308
                    John Bean Technologies Corporation                          309
                    Johnson Controls Incorporated                               310
                    KaiRak Incorporated, see Illinois Tool Works
                    Klimasan, see Metalfrio
                    Kool Star, see Standex
                    Krack Corporation, see Ingersoll-Rand
                    Kyees Aluminum Incorporated, see Manitowoc
                    Kysor Panel Systems, see Manitowoc
                    Kysor/Warren, see Manitowoc
                    Lancer Corporation, see Hoshizaki
                    Lennox International Incorporated                           314
                    Linde Group                                                 318
                    Manitowoc Company Incorporated                              320
                    Master-Bilt, see Standex
                    Masterflux, see Tecumseh
                    McQuay International Incorporated,see Daikin
                    Metalfrio Solutions SA                                      330
                    Mueller (Paul) Company                                      332
                    Nakano Refrigerators Company Limited                        333
                    Nalge Nunc International Incorporated, 
			see Thermo Fisher Scientific 
                    National Vendors, see Crane
                    Newton Food Equipment Company Limited, see Manitowoc
                    Nor-Lake Incorporated, see Standex
                    OYL Industries Berhad, see Daikin
                    Pace Industrial Incorporated, see Vector
                    Parker-Hannifin Corporation                                 335
                    Perlick Corporation                                         337
                    Russell, see United Technologies
                    Sanden Corporation                                          338
                    SANYO Electric Company Limited                              341
                    Scotsman Ice Systems, see Manitowoc
                    Scroll Technologies LLC, see Danfoss
                    Senocak Holding AS, see Metalfrio
                    Sporlan, see Parker-Hannifin
                    SPX Corporation                                             344
                    Standex International Corporation                           346
                    Taylor Company, see United Technologies
                    Tecumseh Products Company                                   349
                    Thermo Fisher Scientific Incorporated                       352
                    Thermo King Corporation, see Ingersoll-Rand
                    TI Automotive Limited                                       355
                    Trane Incorporated, see Ingersoll-Rand
                    Traulsen & Company Incorporated, see Illinois Tool Works
                    Tyler Refrigeration Corporation, see United Technologies
                    Unified Brands Incorporated, see Dover
                    United Technologies Corporation                             356
                    Vector Industries Incorporated                              364
                    Vendo de Mexico SA de CV, see Fomento Economico 
                      Mexicano
                    Victory Refrigeration Incorporated, see Ali
                    Viscount Catering Limited, see Manitowoc
                    Vitrus Incorporated, see Tecumseh
                    Voltas Limited                                              366
                    Welbilt Manufacturing Thailand Limited, see Manitowoc
                    Whirlpool Corporation                                       368
                    Williams Refrigeration, see Ali
                    Yantai Moon Group Company Limited                           370
                    Zhejiang Lianfeng Company Limited                           372

                                 LIST OF TABLES
                                        
TABLE NUMBER                                                                   PAGE

                SECTION I -- EXECUTIVE SUMMARY
                Summary Table                                                     3

                SECTION II -- MARKET ENVIRONMENT
           1    World Population by Region                                        6
           2    World Urban Population by Region                                  8
           3    World Gross Domestic Product by Region                           14
           4    World Fixed Investment by Region                                 17
           5    World per Capita GDP by Region                                   21
           6    World Food & Beverage Manufacturing Value Added by Region        24
           7    World Nonresidential Construction Expenditures by Region         25
           8    Commercial Refrigeration Equipment Pricing                       27

                SECTION III -- OVERVIEW
           1    World Commercial Refrigeration Equipment Demand 
                    by Region                                                    37
           2    World Commercial Refrigeration Equipment Demand 
                    by Product                                                   41
           3    World Reach-in & Walk-in Cooler & Freezer Demand 
                    by Region                                                    43
           4    World Refrigerated Display Case Demand by Region                 45
           5    World Beverage Refrigeration Equipment Demand by Region          47
           6    World Ice Machine Demand by Region                    49
           7    World Parts & Other Refrigeration Equipment Demand 
                    by Region                                                    50
           8    World Commercial Refrigeration Equipment Production 
                    by Region                                                    52
           9    World Commercial Refrigeration Equipment Net Exports 
                    by Region                                                    54

                SECTION IV -- NORTH AMERICA
           1    North America Commercial Refrigeration Equipment 
                    Supply & Demand                                              57
           2    North America Commercial Refrigeration Equipment
                     by Type                                                     59
           3    United States Commercial Refrigeration Equipment 
                    Supply & Demand                                              61
           4    United States Commercial Refrigeration Equipment by Type         63
           5    Canada Commercial Refrigeration Equipment Supply & Demand        66
           6    Canada Commercial Refrigeration Equipment Demand 
                    by Type                                                      68
           7    Mexico Commercial Refrigeration Equipment Supply & Demand        71
           8    Mexico Commercial Refrigeration Equipment Demand 
                    by Type                                                      73

                SECTION V -- WESTERN EUROPE
           1    Western Europe Commercial Refrigeration Equipment 
                    Supply & Demand                                              77
           2    Western Europe Commercial Refrigeration Equipment by Type        78
           3    Austria Commercial Refrigeration Equipment Supply 
                    & Demand                                                     81
           4    Austria Commercial Refrigeration Equipment Demand by Type        82
           5    Belgium Commercial Refrigeration Equipment Supply 
                    & Demand                                                     85
           6    Belgium Commercial Refrigeration Equipment Demand
                    by Type                                                      86
           7    France Commercial Refrigeration Equipment Supply 
                    & Demand   89
           8    France Commercial Refrigeration Equipment Demand by Type         91
           9    Germany Commercial Refrigeration Equipment Supply 
                    & Demand                                                     94
          10    Germany Commercial Refrigeration Equipment Demand by Type        96
          11    Italy Commercial Refrigeration Equipment Supply & Demand         99
          12    Italy Commercial Refrigeration Equipment Demand by Type         101
          13    Netherlands Commercial Refrigeration Equipment Supply 
                    & Demand                                                    103
          14    Netherlands Commercial Refrigeration Equipment 
                    Demand by Type                                              105
          15    Spain Commercial Refrigeration Equipment Supply 
                    & Demand  108
          16    Spain Commercial Refrigeration Equipment Demand by Type         110
          17    Sweden Commercial Refrigeration Equipment Supply 
                    & Demand                                                    112
          18    Sweden Commercial Refrigeration Equipment Demand by Type        113
          19    Switzerland Commercial Refrigeration Equipment 
                    Supply & Demand                                             116
          20    Switzerland Commercial Refrigeration Equipment 
                    Demand by Type                                              117
          21    United Kingdom Commercial Refrigeration Equipment 
                    Supply & Demand                                             120
          22    United Kingdom Commercial Refrigeration Equipment 
                    Demand by Type                                              122
          23    Other Western Europe Commercial Refrigeration Equipment      
                    Supply & Demand                                  124
          24    Other Western Europe Commercial Refrigeration Equipment      
                    Demand by Type & Country                                    126

                SECTION VI -- ASIA/PACIFIC                              
           1    Asia/Pacific Commercial Refrigeration Equipment 
                    Supply & Demand                                             130
           2    Asia/Pacific Commercial Refrigeration Equipment 
                    Demand by Type                                              132
           3    Australia Commercial Refrigeration Equipment 
                    Supply & Demand                                             134
           4    Australia Commercial Refrigeration Equipment 
                    Demand by Type                                              136
           5    China Commercial Refrigeration Equipment Supply 
                    & Demand                                                    139
           6    China Commercial Refrigeration Equipment Demand by Type         141
           7    India Commercial Refrigeration Equipment Supply 
                    & Demand                                                    144
           8    India Commercial Refrigeration Equipment Demand by Type         146
           9    Indonesia Commercial Refrigeration Equipment 
                    Supply & Demand                                             149
          10    Indonesia Commercial Refrigeration Equipment 
                    Demand by Type                                              150
          11    Japan Commercial Refrigeration Equipment 
                    Supply & Demand                                             154
          12    Japan Commercial Refrigeration Demand by Type                   156
          13    South Korea Commercial Refrigeration Equipment
                    Supply & Demand                                             159
          14    South Korea Commercial Refrigeration Equipment 
                    Demand by Type                                              160
          15    Taiwan Commercial Refrigeration Equipment
                    Supply & Demand                                             163
          16    Taiwan Commercial Refrigeration Equipment Demand by Type        164
          17    Thailand Commercial Refrigeration Equipment 
                    Supply & Demand                                             167
          18    Thailand Commercial Refrigeration Equipment 
                    Demand by Type                                              169
          19    Other Asia/Pacific Commercial Refrigeration Equipment 
                    Supply & Demand                                             172
          20    Other Asia/Pacific Commercial Refrigeration 
                    Equipment Demand by Type & Country                          174

                SECTION VII -- OTHER REGIONS
           1    Latin America Commercial Refrigeration Equipment 
                    Supply & Demand                                             177
           2    Latin America Commercial Refrigeration Equipment 
                    Demand by Type                                              178
           3    Argentina Commercial Refrigeration Equipment 
                    Supply & Demand                                             181
           4    Argentina Commercial Refrigeration Equipment Demand 
                    by Type                                                     182
           5    Brazil Commercial Refrigeration Equipment Supply 
                    & Demand                                                    185
           6    Brazil Commercial Refrigeration Equipment Demand by Type        187
           7    Other Latin America Commercial Refrigeration Equipment
                    Supply & Demand                                             190
           8    Other Latin America Commercial Refrigeration Equipment 
                    Demand by Type                                              191
           9    Eastern Europe Commercial Refrigeration Equipment 
                    Supply & Demand                                             194
          10    Eastern Europe Commercial Refrigeration Equipment 
                    Demand by Type                                              196
          11    Poland Commercial Refrigeration Equipment 
                    Supply & Demand                                             198
          12    Poland Commercial Refrigeration Equipment Demand by Type        199
          13    Russia Commercial Refrigeration Equipment 
                    Supply & Demand                                             202
          14    Russia Commercial Refrigeration Equipment Demand by Type        203
          15    Other Eastern Europe Commercial Refrigeration Equipment      
                    Supply & Demand                                             206
          16    Other Eastern Europe Commercial Refrigeration Equipment      
                    Demand by Type                                              207
          17    Africa/Mideast Commercial Refrigeration Equipment 
                    Supply & Demand                                             210
          18    Africa/Mideast Commercial Refrigeration Equipment 
                    Demand by Type                                              212
          19    South Africa Commercial Refrigeration Equipment 
                    Supply & Demand                                             214
          20    South Africa Commercial Refrigeration Equipment 
                    Demand by Type                                              215
          21    Turkey Commercial Refrigeration Equipment Supply 
                    & Demand                                                    218
          22    Turkey Commercial Refrigeration Equipment Demand by Type        220
          23    Other Africa/Mideast Commercial Refrigeration Equipment 
                    Supply & Demand                                             223
          24    Other Africa/Mideast Commercial Refrigeration
                    Equipment Demand by Type                                    224

                SECTION VIII -- INDUSTRY STRUCTURE                      
           1    Revenue Data: Selected Commercial Refrigeration
                    Equipment Suppliers, 2007                                   228
           2    Selected Acquisitions & Divestitures                            234
           3    Selected Cooperative Agreements                                 244
                
                                 LIST OF CHARTS
                                        
CHART NUMBER                                                                   PAGE

                SECTION II -- MARKET ENVIRONMENT
           1    Relationship between per Capita Fixed Investment & per Capita     
                Commercial Refrigeration Equipment Demand, 2007                  19

                SECTION III -- OVERVIEW
           1    Commercial Refrigeration Equipment Demand 
                    by Region, 2007                                              38
           2    Additional Commercial Refrigeration Equipment 
                    Demand 2007 Vs. 2012                                         39
                                                                                   
                SECTION VIII -- INDUSTRY STRUCTURE
           1    World Commercial Refrigeration Equipment Market Share
                    by Company, 2007                                            229

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