Commercial Electric Fryer Market to grow by USD 331.08 million during 2021-2025|Impacts of Drivers and Challenges|Technavio

NEW YORK, June 2, 2021 /PRNewswire/ --

Technavio has been monitoring the commercial electric fryer market and it is poised to grow by USD 331.08 million during 2021-2025, progressing at a CAGR of almost 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

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Frequently Asked Questions:

• Based on segmentation by type, which is the leading segment in the market?
  Floor standing is the leading segment in the market.
• At what rate is the market projected to grow?
  The market is projected to accelerate at a CAGR of almost 6%.
• Who are the top players in the market?
  AB Electrolux, Avantco Equipment, Conair Corp., Gourmia Inc., Hakka Brothers Machinery Co. Ltd., Henny Penny Corp., Illinois Tool Works Inc., The Middleby Corp., Welbilt Inc., and Yescom USA Inc. are the top players in the market.
• What are the key market drivers and challenges?
  The market is driven by the increasing adoption of commercial electric fryers with ENERGY STAR certification. However, the growing market for pre-used commercial electric fryers will hamper the market growth.
• How big is the APAC market?
  37% of the market's growth will originate from APAC during the forecast period.

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The market is concentrated, and the degree of concentration will accelerate during the forecast period. AB Electrolux, Avantco Equipment, Conair Corp., Gourmia Inc., Hakka Brothers Machinery Co. Ltd., Henny Penny Corp., Illinois Tool Works Inc., The Middleby Corp., Welbilt Inc., and Yescom USA Inc. are some of the major market participants. Although the expansion of end-users will offer immense growth opportunities, the growing market for pre-used commercial electric fryers is likely to pose a challenge for the market vendors. In a bid to help players strengthen their market foothold, this commercial electric fryer market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.

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Commercial Electric Fryer Market 2021-2025: Segmentation
Commercial Electric Fryer Market is segmented as below:

• Type
• Floor Standing
• Countertop
• Geography
• APAC
• North America
• Europe
• South America
• The Middle East and Africa

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Commercial Electric Fryer Market 2021-2025: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The commercial electric fryer market report covers the following areas:

• Commercial Electric Fryer Market Size
• Commercial Electric Fryer Market Trends
• Commercial Electric Fryer Market Industry Analysis

This study identifies the increasing adoption of commercial electric fryers with safety certifications as one of the prime reasons driving the Commercial Electric Fryer Market growth during the next few years.

Commercial Electric Fryer Market 2021-2025: Key Highlights

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will assist commercial electric fryer market growth during the next five years
• Estimation of the commercial electric fryer market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the commercial electric fryer market across APAC, North America, Europe, South America, and MEA
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of commercial electric fryer market vendors

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Table of Contents:
Executive Summary
Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2020
• Market outlook: Forecast for 2020- 2025

Five Forces Analysis

• Five forces summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Type

• Market segments
• Comparison by Type
• Floor standing - Market size and forecast 2020-2025
• Countertop - Market size and forecast 2020-2025
• Market opportunity by Type

Customer landscape
Geographic Landscape

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2020-2025
• North America - Market size and forecast 2020-2025
• Europe - Market size and forecast 2020-2025
• South America - Market size and forecast 2020-2025
• MEA - Market size and forecast 2020-2025
• Key leading countries
• Market opportunity by geography
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• AB Electrolux
• Avantco Equipment
• Conair Corp.
• Gourmia Inc.
• Hakka Brothers Machinery Co. Ltd.
• Henny Penny Corp.
• Illinois Tool Works Inc.
• The Middleby Corp.
• Welbilt Inc.
• Yescom USA Inc.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

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