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World Commercial Refrigeration Equipment Market

NEW YORK, Jan. 4, 2013 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

World Commercial Refrigeration Equipment Market

http://www.reportlinker.com/p0701867/World-Commercial-Refrigeration-Equi...

World demand to rise 4.4% annually through 2016

Global demand for commercial refrigeration equipment is forecast to rise 4.4 percent per year through 2016 to $32.0 billion, an acceleration from the 2006- 2011 pace. Demand will benefit from strong growth in a number of the world's larger developing nations, particularly in Asia.

China and India will continue to be the fastest growing national markets for commercial refrigeration equipment. The US market, which suffered during the 2007-2009 recession, will recover and post substantially stronger growth in demand for these products, although gains will slightly trail the world average.

China, India to be fastest growing markets

China was by the far the fastest growing world market for commercial refrigeration products between 2001 and 2011, posting double-digit annual growth rates and more than quadrupling in size over those ten years. As economic growth in the country slows, demand gains for commercial refrigeration products will decelerate, but will remain the fastest in the world.

India, despite its massive size, remains a relatively small market for commercial refrigeration equipment, with per capita demand ranking among the smallest in the world.

However, heavy investment in infrastructure and rising incomes will create strong potential for growth, and demand gains for these products in India will be the second fastest in the world. Other developing nations with strong growth prospects include Indonesia and Thailand.

US to remain largest market

Although demand gains for commercial refrigeration equipment are expected to be slower in developed countries, the outlook is still strong relative to the 2006- 2011 period. The US is the world's largest market for these products, and will account for nearly a quarter of global sales growth through 2016. Gains will result from an improved macroeconomic outlook, as rising consumer spending encourages food industry participants to expand the number of retail outlets and restaurants.

In addition, food industry participants will be more willing to make equipment upgrades that had been deferred due to a weak economy. Japan was the third largest market for commercial refrigeration equipment in 2011, but has declined in size since 2006, reflecting both poor economic conditions and the maturity of the market.

Demand for commercial refrigeration products in Japan is forecast to return to positive growth through 2016, but gains will be significantly slower than the world average.

Coolers, freezers, display cases to be among fastest growing products

Sales of reach-in and walk-in coolers and freezers will benefit from gains among food retailers in restaurants, particularly in developing countries. Growth in demand for refrigerated display cases will be rapid as well, supported by rising standards of living and increasing proliferation of large food retailers.

The growing number of restaurants, particularly in the fast food segment, will also spur stronger gains in demand for beverage refrigeration equipment and ice machines. Vending machine gains will be somewhat slower, reflecting the concentration of vending machine usage in developed countries.

Study coverage

Details on these and other findings are available in the upcoming Freedonia industry study, World Commercial Refrigeration Equipment, is available for $6200. It presents historical demand data (2001, 2006 and 2011) plus forecasts for 2016 and 2021 by product, world region and for 21 major countries. The study also assesses market environment factors, evaluates company market share, and profiles global industry competitors such as including Hoshizaki, Ingersoll-Rand, Manitowoc and United Technologies.

TABLE OF CONTENTS

INTRODUCTION xiii

I. EXECUTIVE SUMMARY 1

II. MARKET ENVIRONMENT 4

General 4

World Population Outlook 5

World Urbanization Patterns 7

World Economic Overview 9

Recent Historical Trends 10

World Economic Outlook 12

World Fixed Investment Outlook 16

World Personal Income & Expenditures 21

World Food & Beverage Manufacturing 23

World Nonresidential Building Expenditures 25

Pricing Patterns 27

Legal & Regulatory Issues 29

Montreal Protocol 29

Kyoto Protocol 32

Technology & Product Development 33

III. OVERVIEW 36

General 36

Regional Markets 37

Products 41

Reach-In & Walk-In Coolers & Freezers 43

Display Cases 45

Beverage Refrigeration Equipment 47

Ice Machines 49

Refrigerated Vending Machines 51

Other Equipment 53

Parts 56

Production 57

International Trade 59

IV. NORTH AMERICA 62

General 62

Supply & Demand 63

Product Outlook 65

United States 66

Canada 73

Mexico 78

V. WESTERN EUROPE 84

General 84

Supply & Demand 85

Product Outlook 87

France 89

Germany 94

Italy 99

Netherlands 104

Spain 109

United Kingdom 114

Other Western Europe 119

VI. ASIA/PACIFIC 125

General 125

Supply & Demand 126

Product Outlook 128

Australia 130

China 135

India 141

Indonesia 146

Japan 151

South Korea 157

Taiwan 161

Thailand 166

Other Asia/Pacific 171

VII. OTHER REGIONS 177

Central & South America 177

General 177

Supply & Demand 178

Product Outlook 180

Brazil 182

Other Central & South America 187

Eastern Europe 192

General 192

Supply & Demand 194

Product Outlook 195

Poland 197

Russia 202

Other Eastern Europe 207

Africa/Mideast 212

General 212

Supply & Demand 214

Product Outlook 215

Turkey 217

Other Africa/Mideast 222

VIII. INDUSTRY STRUCTURE 228

General 228

Industry Composition 229

Market Share 232

Mergers & Acquisitions 235

Product Development & Manufacturing 237

Marketing & Distribution 239

Cooperative Agreements 241

Company Profiles 247

AHT Cooling Systems GmbH 248

Air Products and Chemicals Incorporated 250

Ali SpA 251

Alliance Compressors, see Emerson Electric, Ingersoll-

Rand, and Lennox International

Automatic Products, see Crane

Beverage-Air, see Ali

Bock Kaltemaschinen, see GEA Group

Brema Ice Makers SpA 256

Bundy Refrigeration Srl 257

Carlyle Compressor, see United Technologies

Carrier, see United Technologies

Celli SpA 259

Crane Company 260

Daikin Industries Limited 263

Daiwa Industries Limited 266

Dalian Bingshan Group Company Limited 267

Danfoss A/S 270

Delfield, see Manitowoc

Dixie-Narco, see Crane

Dover Corporation 273

Dunham-Bush Holding Berhad 276

Electrolux AB 279

Emerson Electric Company 281

Empresa Brasileira de Compressores (Embraco), see

Whirlpool

Federal Industries, see Standex International

Fomento Economico Mexicano SAB de CV 285

Foster Refrigerator, see Illinois Tools Works

Friginox, see Ali

Frigoglass SAIC 286

Friulinox, see Ali

Fukushima Industries Corporation 288

GD Midea Holding Company Limited 289

GEA Group AG 291

GPL, see Crane

Hangzhou Kalifon Stainless Steel Kitchen Equipment

Company Limited 295

Harford Refrigeration, see Manitowoc

Heatcraft Worldwide Refrigeration, see Lennox

International

Heifi Kimay Electrical Appliance Company Limited 296

Hill PHOENIX, see Dover

Hoshizaki Electric Company Limited 298

Hussmann International Incorporated 300

Illinois Tool Works Incorporated 303

IMI plc 306

Ingersoll-Rand plc 308

International Cold Storage, see United Technologies

J&E Hall International, see Daikin Industries

Jiangsu Baixue Electric Appliances Company Limited 311

Jiangsu Shuangliang Group Company Limited 313

John Bean Technologies Corporation 314

Johnson Controls Incorporated 316

Kairak, see Illinois Tool Works

Kolpak Refrigeration, see Manitowoc

Kool Star, see Standex International

Kysor Panel Systems, see Manitowoc

Kysor/Warren, see Lennox International

Lennox International Incorporated 319

Linde Group 323

Manitowoc Company Incorporated 325

Master-Bilt Products, see Standex International

McCall Refrigeration, see Manitowoc

McQuay International, see Daikin Industries

Metalfrio Solutions SA 331

Mueller (Paul) Company 333

Multiplex/Servend, see Manitowoc

Nakano Refrigerators Company Limited 335

National Vendors, see Crane

Nor-Lake, see Standex International

Pace Industrial, see Vector Industries

Panasonic Corporation 336

Parker-Hannifin Corporation 338

Perlick Corporation 340

Polaris Ali, see Ali

Qingdao Aucma Company Limited 342

San Joaquin Valley Dairy Equipment, see GEA Group

Sanden Corporation 344

SPX Corporation 346

Standex International Corporation 348

Taylor, see United Technologies

Tecumseh Products Company 351

Thermo Fisher Scientific Incorporated 353

Thermo King, see Ingersoll-Rand

Trane, see Ingersoll-Rand

Traulsen, see Illinois Tool Works

Unified Brands, see Dover

United Technologies Corporation 356

Vector Industries Incorporated 361

Vendo de Mexico, see Fomento Economico Mexicano

Victory Refrigeration, see Ali

Vin Service SRL 363

Voltas Limited 365

Welbilt, see Manitowoc

Whirlpool Corporation 367

Williams Refrigeration, see Ali

Yantai Moon Group Company Limited 369

Zhejiang Huamei Electrical Appliance Company Limited 371

Zhejiang Lianfeng Company Limited 372

LIST OF TABLES

SECTION I -- EXECUTIVE SUMMARY

Summary Table 3

SECTION II -- MARKET ENVIRONMENT

1 World Population by Region 7

2 World Urban Population by Region 9

3 World Gross Domestic Product by Region 16

4 World Fixed Investment by Region 18

5 World Per Capita GDP by Region 22

6 World Food & Beverage Manufacturing Value Added

by Region 25

7 World Nonresidential Building Expenditures by Region 27

8 Commercial Refrigeration Equipment Pricing 29

SECTION III – OVERVIEW

1 World Commercial Refrigeration Equipment Demand

by Region 39

2 World Commercial Refrigeration Equipment Demand

by Product 43

3 World Reach-In & Walk-In Cooler & Freezer Demand

by Region 45

4 World Refrigerated Display Case Demand by Region 47

5 World Beverage Refrigeration Equipment Demand

by Region 49

6 World Ice Machine Demand by Region 51

7 World Refrigerated Vending Machine Demand by Region 53

8 World Other Commercial Refrigeration Equipment Demand

by Region 55

9 World Commercial Refrigeration Equipment Parts Demand

by Region 57

10 World Commercial Refrigeration Equipment Production

by Region 59

11 World Commercial Refrigeration Equipment Net Exports

by Region 61

SECTION IV -- NORTH AMERICA

1 North America: Commercial Refrigeration Equipment

Supply & Demand 64

2 North America: Commercial Refrigeration Equipment Demand

by Type 66

3 United States: Commercial Refrigeration Equipment

Supply & Demand 70

4 United States: Commercial Refrigeration Equipment Demand

by Type 73

5 Canada: Commercial Refrigeration Equipment

Supply & Demand 76

6 Canada: Commercial Refrigeration Equipment Demand

by Type 78

7 Mexico: Commercial Refrigeration Equipment

Supply & Demand 81

8 Mexico: Commercial Refrigeration Equipment Demand

by Type 83

SECTION V -- WESTERN EUROPE

1 Western Europe: Commercial Refrigeration Equipment

Supply & Demand 87

2 Western Europe: Commercial Refrigeration Equipment

Demand by Type 89

3 France: Commercial Refrigeration Equipment

Supply & Demand 92

4 France: Commercial Refrigeration Equipment Demand

by Type 94

5 Germany: Commercial Refrigeration Equipment

Supply & Demand 97

6 Germany: Commercial Refrigeration Equipment Demand

by Type 99

7 Italy: Commercial Refrigeration Equipment

Supply & Demand 102

8 Italy: Commercial Refrigeration Equipment Demand

by Type 104

9 Netherlands: Commercial Refrigeration Equipment

Supply & Demand 107

10 Netherlands: Commercial Refrigeration Equipment Demand

by Type 109

11 Spain: Commercial Refrigeration Equipment

Supply & Demand 112

12 Spain: Commercial Refrigeration Equipment Demand

by Type 114

13 United Kingdom: Commercial Refrigeration Equipment

Supply & Demand 117

14 United Kingdom: Commercial Refrigeration Equipment

Demand by Type 119

15 Other Western Europe: Commercial Refrigeration Equipment

Supply & Demand 122

16 Other Western Europe: Commercial Refrigeration Equipment

Demand by Type 124

SECTION VI -- ASIA/PACIFIC

1 Asia/Pacific: Commercial Refrigeration Equipment

Supply & Demand 128

2 Asia/Pacific: Commercial Refrigeration Equipment Demand

by Type 130

3 Australia: Commercial Refrigeration Equipment

Supply & Demand 133

4 Australia: Commercial Refrigeration Equipment Demand

by Type 135

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 151

11 Japan: Commercial Refrigeration Equipment

Supply & Demand 154

12 Japan: Commercial Refrigeration Equipment Demand

by Type 156

13 South Korea: Commercial Refrigeration Equipment

Supply & Demand 159

14 South Korea: Commercial Refrigeration Equipment Demand

by Type 161

15 Taiwan: Commercial Refrigeration Equipment

Supply & Demand 164

16 Taiwan: Commercial Refrigeration Equipment Demand

by Type 166

17 Thailand: Commercial Refrigeration Equipment

Supply & Demand 169

18 Thailand: Commercial Refrigeration Equipment Demand

by Type 171

19 Other Asia/Pacific: Commercial Refrigeration Equipment

Supply & Demand 174

20 Other Asia/Pacific: Commercial Refrigeration Equipment

Demand by Type 176

SECTION VII -- OTHER REGIONS

1 Central & South America: Commercial Refrigeration

Equipment Supply & Demand 180

2 Central & South America: Commercial Refrigeration

Equipment Demand by Type 182

3 Brazil: Commercial Refrigeration Equipment

Supply & Demand 185

4 Brazil: Commercial Refrigeration Equipment Demand

by Type 187

5 Other Central & South America: Commercial Refrigeration

Equipment Supply & Demand 190

6 Other Central & South America: Commercial Refrigeration

Equipment Demand by Type 192

7 Eastern Europe: Commercial Refrigeration Equipment

Supply & Demand 195

8 Eastern Europe: Commercial Refrigeration Equipment

Demand by Type 197

9 Poland: Commercial Refrigeration Equipment

Supply & Demand 200

10 Poland: Commercial Refrigeration Equipment Demand

by Type 202

11 Russia: Commercial Refrigeration Equipment

Supply & Demand 205

12 Russia: Commercial Refrigeration Equipment Demand

by Type 207

13 Other Eastern Europe: Commercial Refrigeration Equipment

Supply & Demand 210

14 Other Eastern Europe: Commercial Refrigeration Equipment

Demand by Type 212

15 Africa/Mideast: Commercial Refrigeration Equipment

Supply & Demand 215

16 Africa/Mideast: Commercial Refrigeration Equipment

Demand by Type 217

17 Turkey: Commercial Refrigeration Equipment

Supply & Demand 220

18 Turkey: Commercial Refrigeration Equipment Demand

by Type 222

19 Other Africa/Mideast: Commercial Refrigeration Equipment

Supply & Demand 225

20 Other Africa/Mideast: Commercial Refrigeration Equipment

Demand by Type 227

SECTION VIII -- INDUSTRY STRUCTURE

1 World Commercial Refrigeration Equipment Sales

by Company, 2011 231

2 Selected Acquisitions & Divestitures 236

3 Selected Cooperative Agreements 244

LIST OF CHARTS

SECTION II -- MARKET ENVIRONMENT

1 Relationship Between Per Capita Investment & Per Capita

Commercial Refrigeration Equipment Demand, 2011 20

SECTION III – OVERVIEW

1 World Commercial Refrigeration Equipment Demand

by Region, 2011 40

2 Change in Commercial Refrigeration Equipment Demand

by Region, 2011-2016 41

SECTION VIII -- INDUSTRY STRUCTURE

1 World Commercial Refrigeration Equipment

Market Share, 2011 232

To order this report:

Major_Appliance Industry: World Commercial Refrigeration Equipment Market

Contact Nicolas: [email protected]
US: (805)-652-2626
Intl: +1 805-652-2626

SOURCE Reportlinker

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