The 2011-2016 Outlook for Coin-Operated Mechanisms and Time Switches for Vending Machines in the United States

Published : February 2011
No. of Pages : 671

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This econometric study covers the latent demand outlook for coin-operated mechanisms and time switches for vending machines across the states and cities of the United States. Latent demand (in millions of U.S. dollars), or potential industry earnings (P.I.E.) estimates are given across some 11,300 cities in the United States. For each city in question, the percent share the city is of it’s state and of the United States is reported. These comparative benchmarks allow the reader to quickly gauge a city vis-à-vis others. This statistical approach can prove very useful to distribution and/or sales force strategies. Using econometric models which project fundamental economic dynamics within each state and city, latent demand estimates are created for coin-operated mechanisms and time switches for vending machines. This report does not discuss the specific players in the market serving the latent demand, nor specific details at the product level. The study also does not consider short-term cyclicalities that might affect realized sales. The study, therefore, is strategic in nature, taking an aggregate and long-run view, irrespective of the players or products involved. This study does not report actual sales data (which are simply unavailable, in a comparable or consistent manner in virtually all of the cities in the United States). This study gives, however, my estimates for the latent demand, or the P.I.E., for coin-operated mechanisms and time switches for vending machines in the United States. It also shows how the P.I.E. is divided and concentrated across the cities and regional markets of the United States. For each state, I also show my estimates of how the P.I.E. grows over time. In order to make these estimates, a multi-stage methodology was employed that is often taught in courses on strategic planning at graduate schools of business.

1 INTRODUCTION 9 1.1 Overview 9 1.2 What is Latent Demand and the P.I.E.? 9 1.3 The Methodology 10 1.3.1 Step 1. Product Definition and Data Collection 11 1.3.2 Step 2. Filtering and Smoothing 12 1.3.3 Step 3. Filling in Missing Values 13 1.3.4 Step 4. Varying Parameter, Non-linear Estimation 13 1.3.5 Step 5. Fixed-Parameter Linear Estimation 13 1.3.6 Step 6. Aggregation and Benchmarking 14 2 SUMMARY OF FINDINGS 15 2.1 Latent Demand in The US 16 3 FAR WEST 17 3.1 Executive Summary 17 3.2 Latent Demand by Year - Alaska 18 3.3 Cities Sorted by Rank - Alaska 19 3.4 Cities Sorted by Zipcode - Alaska 20 3.5 Latent Demand by Year - California 22 3.6 Cities Sorted by Rank - California 23 3.7 Cities Sorted by Zipcode - California 43 3.8 Latent Demand by Year - Hawaii 63 3.9 Cities Sorted by Rank - Hawaii 64 3.10 Cities Sorted by Zipcode - Hawaii 66 3.11 Latent Demand by Year - Nevada 69 3.12 Cities Sorted by Rank - Nevada 70 3.13 Cities Sorted by Zipcode - Nevada 71 3.14 Latent Demand by Year - Oregon 73 3.15 Cities Sorted by Rank - Oregon 74 3.16 Cities Sorted by Zipcode - Oregon 78 3.17 Latent Demand by Year - Washington 82 3.18 Cities Sorted by Rank - Washington 83 3.19 Cities Sorted by Zipcode - Washington 90 4 GREAT LAKES 98 4.1 Executive Summary 98 4.2 Latent Demand by Year - Illinois 99 4.3 Cities Sorted by Rank - Illinois 100 4.4 Cities Sorted by Zipcode - Illinois 113 4.5 Latent Demand by Year - Indiana 126 4.6 Cities Sorted by Rank - Indiana 127 4.7 Cities Sorted by Zipcode - Indiana 133 4.8 Latent Demand by Year - Michigan 139 4.9 Cities Sorted by Rank - Michigan 140 4.10 Cities Sorted by Zipcode - Michigan 148 4.11 Latent Demand by Year - Ohio 156 4.12 Cities Sorted by Rank - Ohio 157 4.13 Cities Sorted by Zipcode - Ohio 169 4.14 Latent Demand by Year - Wisconsin 181 4.15 Cities Sorted by Rank - Wisconsin 182 4.16 Cities Sorted by Zipcode - Wisconsin 192 5 MID-ATLANTIC 202 5.1 Executive Summary 202 5.2 Latent Demand by Year - Delaware 203 5.3 Cities Sorted by Rank - Delaware 204 5.4 Cities Sorted by Zipcode - Delaware 205 5.5 Latent Demand by Year - District of Columbia 206 5.6 Cities Sorted by Rank - District of Columbia 207 5.7 Cities Sorted by Zipcode - District of Columbia 207 5.8 Latent Demand by Year - Maryland 208 5.9 Cities Sorted by Rank - Maryland 209 5.10 Cities Sorted by Zipcode - Maryland 215 5.11 Latent Demand by Year - New Jersey 222 5.12 Cities Sorted by Rank - New Jersey 223 5.13 Cities Sorted by Zipcode - New Jersey 233 5.14 Latent Demand by Year - New York 243 5.15 Cities Sorted by Rank - New York 244 5.16 Cities Sorted by Zipcode - New York 269 5.17 Latent Demand by Year - Pennsylvania 294 5.18 Cities Sorted by Rank - Pennsylvania 295 5.19 Cities Sorted by Zipcode - Pennsylvania 310 6 NEW ENGLAND 325 6.1 Executive Summary 325 6.2 Latent Demand by Year - Connecticut 326 6.3 Cities Sorted by Rank - Connecticut 327 6.4 Cities Sorted by Zipcode - Connecticut 332 6.5 Latent Demand by Year - Maine 337 6.6 Cities Sorted by Rank - Maine 338 6.7 Cities Sorted by Zipcode - Maine 343 6.8 Latent Demand by Year - Massachusetts 348 6.9 Cities Sorted by Rank - Massachusetts 349 6.10 Cities Sorted by Zipcode - Massachusetts 358 6.11 Latent Demand by Year - New Hampshire 367 6.12 Cities Sorted by Rank - New Hampshire 368 6.13 Cities Sorted by Zipcode - New Hampshire 372 6.14 Latent Demand by Year - Rhode Island 377 6.15 Cities Sorted by Rank - Rhode Island 378 6.16 Cities Sorted by Zipcode - Rhode Island 379 6.17 Latent Demand by Year - Vermont 381 6.18 Cities Sorted by Rank - Vermont 382 6.19 Cities Sorted by Zipcode - Vermont 385 7 PLAINS 388 7.1 Executive Summary 388 7.2 Latent Demand by Year - Iowa 389 7.3 Cities Sorted by Rank - Iowa 390 7.4 Cities Sorted by Zipcode - Iowa 394 7.5 Latent Demand by Year - Kansas 399 7.6 Cities Sorted by Rank - Kansas 400 7.7 Cities Sorted by Zipcode - Kansas 403 7.8 Latent Demand by Year - Minnesota 406 7.9 Cities Sorted by Rank - Minnesota 407 7.10 Cities Sorted by Zipcode - Minnesota 414 7.11 Latent Demand by Year - Missouri 420 7.12 Cities Sorted by Rank - Missouri 421 7.13 Cities Sorted by Zipcode - Missouri 427 7.14 Latent Demand by Year - Nebraska 433 7.15 Cities Sorted by Rank - Nebraska 434 7.16 Cities Sorted by Zipcode - Nebraska 436 7.17 Latent Demand by Year - North Dakota 438 7.18 Cities Sorted by Rank - North Dakota 439 7.19 Cities Sorted by Zipcode - North Dakota 440 7.20 Latent Demand by Year - South Dakota 441 7.21 Cities Sorted by Rank - South Dakota 442 7.22 Cities Sorted by Zipcode - South Dakota 443 8 ROCKIES 445 8.1 Executive Summary 445 8.2 Latent Demand by Year - Colorado 446 8.3 Cities Sorted by Rank - Colorado 447 8.4 Cities Sorted by Zipcode - Colorado 451 8.5 Latent Demand by Year - Idaho 455 8.6 Cities Sorted by Rank - Idaho 456 8.7 Cities Sorted by Zipcode - Idaho 458 8.8 Latent Demand by Year - Montana 460 8.9 Cities Sorted by Rank - Montana 461 8.10 Cities Sorted by Zipcode - Montana 462 8.11 Latent Demand by Year - Utah 464 8.12 Cities Sorted by Rank - Utah 465 8.13 Cities Sorted by Zipcode - Utah 468 8.14 Latent Demand by Year - Wyoming 472 8.15 Cities Sorted by Rank - Wyoming 473 8.16 Cities Sorted by Zipcode - Wyoming 474 9 SOUTHEAST 476 9.1 Executive Summary 476 9.2 Latent Demand by Year - Alabama 477 9.3 Cities Sorted by Rank - Alabama 478 9.4 Cities Sorted by Zipcode - Alabama 483 9.5 Latent Demand by Year - Arkansas 488 9.6 Cities Sorted by Rank - Arkansas 489 9.7 Cities Sorted by Zipcode - Arkansas 492 9.8 Latent Demand by Year - Florida 495 9.9 Cities Sorted by Rank - Florida 496 9.10 Cities Sorted by Zipcode - Florida 511 9.11 Latent Demand by Year - Georgia 527 9.12 Cities Sorted by Rank - Georgia 528 9.13 Cities Sorted by Zipcode - Georgia 534 9.14 Latent Demand by Year - Kentucky 540 9.15 Cities Sorted by Rank - Kentucky 541 9.16 Cities Sorted by Zipcode - Kentucky 545 9.17 Latent Demand by Year - Louisiana 549 9.18 Cities Sorted by Rank - Louisiana 550 9.19 Cities Sorted by Zipcode - Louisiana 554 9.20 Latent Demand by Year - Mississippi 559 9.21 Cities Sorted by Rank - Mississippi 560 9.22 Cities Sorted by Zipcode - Mississippi 563 9.23 Latent Demand by Year - North Carolina 566 9.24 Cities Sorted by Rank - North Carolina 567 9.25 Cities Sorted by Zipcode - North Carolina 574 9.26 Latent Demand by Year - South Carolina 581 9.27 Cities Sorted by Rank - South Carolina 582 9.28 Cities Sorted by Zipcode - South Carolina 586 9.29 Latent Demand by Year - Tennessee 590 9.30 Cities Sorted by Rank - Tennessee 591 9.31 Cities Sorted by Zipcode - Tennessee 596 9.32 Latent Demand by Year - Virginia 601 9.33 Cities Sorted by Rank - Virginia 602 9.34 Cities Sorted by Zipcode - Virginia 607 9.35 Latent Demand by Year - West Virginia 612 9.36 Cities Sorted by Rank - West Virginia 613 9.37 Cities Sorted by Zipcode - West Virginia 615 10 SOUTHWEST 617 10.1 Executive Summary 617 10.2 Latent Demand by Year - Arizona 618 10.3 Cities Sorted by Rank - Arizona 619 10.4 Cities Sorted by Zipcode - Arizona 622 10.5 Latent Demand by Year - New Mexico 626 10.6 Cities Sorted by Rank - New Mexico 627 10.7 Cities Sorted by Zipcode - New Mexico 629 10.8 Latent Demand by Year - Oklahoma 631 10.9 Cities Sorted by Rank - Oklahoma 632 10.10 Cities Sorted by Zipcode - Oklahoma 635 10.11 Latent Demand by Year - Texas 638 10.12 Cities Sorted by Rank - Texas 639 10.13 Cities Sorted by Zipcode - Texas 654 11 DISCLAIMERS, WARRANTEES, AND USER AGREEMENT PROVISIONS 670 11.1 Disclaimers & Safe Harbor 670 11.2 ICON Group International, Inc. User Agreement Provisions 671

The 2011-2016 Outlook for Coin-Operated Mechanisms and Time Switches for Vending Machines in the United States

Published By: ICON Group International, Inc.

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