US Walk-in Refrigeration Market US$683.4 Billion Restaurant Industry Sales in 2014 Forecasts, a New Research Report at Sandlerresearch.org
Dallas, Texas (PRWEB) March 19, 2014 -- The development of technologically advanced walk-in refrigerators is one of the major trends in the Walk-in Refrigeration market in the US. All refrigeration systems use refrigerants such as hydrochlorofluorocarbons or hydrofluorocarbons for cooling purposes. However, these refrigerants have a negative impact on the ozone layer and contribute to global warming. Hence, vendors are focusing on developing alternative refrigerants. For instance, some vendors are offering walk-in refrigerators that use natural refrigerants such as CO2, which does not have an adverse impact on the environment. Functional Devices Inc. has developed a plug-and-play evaporator fan controller, called EFC 4045T, for walk-in refrigerators, which significantly reduces energy costs. This technical advancement is expected to stimulate sales of walk-in refrigerators in the future.
According to the report, the increasing demand of walk-in refrigeration from supermarkets and restaurants is one of the major factors driving the growth of the market. It is estimated that Restaurant industry sales will reach US$683.4 billion in 2014, which will force restaurants to maintain adequate inventories, which, in turn, will create demand for walk-in refrigerators during the forecast period.
The Walk-in Refrigeration Market in the US 2014-2018 has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the US; it also covers the Walk-in Refrigeration market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Further, the report states that the Walk-in Refrigeration market in the US is confronted by some growth inhibitors. One such major challenge is the high cost of ownership. Walk-in refrigerators are expensive, and, therefore, unaffordable for small retailers and grocery store owners.
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The report recognizes the following companies as the key players in Walk-in Refrigeration Market in the US: Bally Refrigerated Boxes Inc., Nor-Lake Inc., The Manitowoc Co. Ltd., Thermo-Kool/Mid-South Industries Inc., American Panel Corp., Arctic Industries Inc., Beverage-Air Corp., Dover Corp., Hoshizaki America Inc., Illinois Tool Works Inc., International Cold Storage Co. Inc., Lennox International Inc., True Manufacturing Co. Inc., and Turbo Air Inc.
Other vendors mentioned in the report are American Panel Corp., Arctic Industries Inc., Beverage-Air Corp., Dover Corp., Hoshizaki America Inc., Illinois Tool Works Inc., International Cold Storage Co. Inc., Lennox International Inc., True Manufacturing Co. Inc., and Turbo Air Inc.
Key questions answered in this report:
• What will the market size be in 2018 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
Table of Contents
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
03.1 Market Overview
03.2 Product Offerings
04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology
05. Introduction
06. Market Landscape
06.1 Market Overview
06.2 Global Commercial Refrigeration Equipment Market
06.3 Commercial Refrigeration Equipment Market in the US
06.4 Walk-in Refrigeration Market in the US
06.4.1 By Revenue
06.4.2 By Unit Shipment
06.5 Five Forces Analysis
07. Buying Criteria
08. Market Growth Drivers
09. Drivers and their Impact
10. Market Challenges
11. Impact of Drivers and Challenges
12. Market Trends
13. Trends and their Impact
14. Vendor Landscape
14.1 Competitive Scenario
14.1.1 Key News
14.2 Market Rank Analysis 2013
14.3 Other Prominent Vendors
14.4 Awareness vs Penetration Matrix
15. Key Vendor Analysis
15.1 Bally Refrigerated Boxes Inc.
15.1.1 Business Overview
15.1.2 Business Segmentation
15.1.3 Key Information
15.1.4 SWOT Analysis
15.2 Nor-Lake Inc.
15.2.1 Business Overview
15.2.2 Business Segmentation
15.2.3 Key Information
15.2.4 SWOT Analysis
15.3 The Manitowoc Co. Inc.
15.3.1 Business Overview
15.3.2 Business Segmentation
15.3.3 Key Information
15.3.4 SWOT Analysis
15.4 Thermo-Kool/Mid-South Industries Inc.
15.4.1 Business Overview
15.4.2 Business Segmentation
15.4.3 Key Information
15.4.4 SWOT Analysis
16. Other Prominent Vendors
16.1 American Panel Corp.
16.2 Arctic Industries Inc.
16.3 Beverage-Air Corp.
16.4 Dover Corp.
16.5 Hoshizaki America Inc.
16.6 Illinois Tool Works Inc.
16.7 International Cold Storage Co. Inc.
16.8 Lennox International Inc.
16.9 True Manufacturing Co. Inc.
16.10 Turbo Air Inc.
17. Other Reports in this Series
List of Exhibits
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Priyank Tiwari, Sandlerresearch.org, http://www.sandlerresearch.org/, +1 (888) 391-5441, [email protected]
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