LONDON--(BUSINESS WIRE)--The commercial electric fryer market is expected to register a CAGR of almost 6% during 2020-2024, as per the latest research report by Technavio. The report offers detailed analysis on the impact of COVID-19 pandemic on the market in optimistic, probable, and pessimistic forecast scenarios.
Request for Technavio’s market report estimates including pre- and post-COVID-19 impact on commercial electric fryer market. Download a Free Sample Report on the impact of COVID-19 pandemic analysis.
Due to the extensive spread of the virus across the globe, the Industrials Industry is anticipated to have Negative impact. The commercial electric fryer market will showcase Negative impact during 2020-2024.
Commercial Electric Fryer Market 2020-2024: Segmentation
Commercial Electric Fryer Market is segmented as below:
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Product
- Commercial Floor-standing Fryer
- Commercial Countertop Fryer
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Geographic Landscape
- APAC
- North America
- Europe
- South America
- MEA
APAC region will account for the highest incremental growth during the forecast period due to the growing foodservice market and the availability of customized commercial electric fryers.
With the surging growth of COVID-19 pandemic, the Industrials market is anticipated to have an Indirect impact during the forecast period. View market snapshot before purchasing
Adoption of commercial electric fryers with energy star certification has been an instrumental factor in influencing the growth of commercial electric fryer market. Other market drivers include expansion of end-users. Technavio offers custom research analysis on the crucial pointers to highlight the impact of COVID-19 on the market across the supply chain.
Key Considerations for Market Forecast:
- Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
- Optimistic, probable and pessimistic scenarios for all markets as the impact of pandemic unfolds
- Pre- as well as post-COVID 19 market estimates
- Quarterly impact analysis and updates on market estimates
Get more insights about the global trends impacting the future of commercial electric fryer market, Request Free Sample @ https://www.technavio.com/talk-to-us?report=IRTNTR41648
Commercial Electric Fryer Market 2020-2024: Vendor Analysis
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Key players in the market have been launching several initiatives and introducing innovative products and services to cater to a larger target audience during the pandemic. Major market participants include AB Electrolux, Bayou Classic Fryers, 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.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform
Table of Contents:
Executive Summary
- Market Overview
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- 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 2019-2024
- Countertop - Market size and forecast 2019-2024
- Market opportunity by Type
Customer landscape
- Overview
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2019-2024
- North America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Drivers, Challenges, and Trends
- Market drivers
- Volume driver - Demand led growth
- Volume driver - Supply led growth
- Volume driver - External factors
- Volume driver - Demand shift in adjacent markets
- Price driver - Inflation
- Price driver - Shift from lower to higher priced units
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- AB Electrolux
- Bayou Classic Fryers
- 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
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
