Commercial Cooking Equipment Manufacturing
Revenue for the Commercial Cooking Equipment Manufacturing industry has recovered over the past five years following steep declines during the recession. As consumer spending increases, demand from downstream markets will follow, boosting industry revenue. However, operators will face challenges over the five years to 2020 as import competition continues to limit the industry's growth. In particular, a strengthening US dollar will make imports relatively less expensive.
This industry manufactures commercial cooking equipment for end consumers such as restaurants, hotels and military establishments. Products the industry manufactures include coffee makers, fryers, microwaves, ovens and ranges, corn poppers, stoves, warmers, hot plates, steamers and water heaters. Enterprises that manufacture commercial dishwashers, refrigerators, laundry dryers and washing machines are not included in this industry.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
The Manitowoc Company, Inc.
Illinois Tool Works Inc.
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