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The commercial kitchen ventilation systems market is estimated to grow at a CAGR of 7.51% between 2022 and 2027. The size of the market is forecast to increase by USD 947.44 million. The growth of the market depends on several factors, including the increased investment in R&D for new technology development, the increasing adoption of demand-controlled kitchen ventilation, and the growing food service industry.
This report extensively covers market segmentation by type (type I hood and type II hood), product (wall-mounted canopy hoods, proximity hoods, and island canopy hoods), and geography (APAC, Europe, North America, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.
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Technavio categorizes the global commercial kitchen ventilation systems market as a part of the global electrical components and equipment market within the global electrical equipment market. The parent market, the global electrical components, and equipment market cover companies engaged in the manufacturing of electric cables and wires, electrical components, and electrical equipment. Our research report has extensively covered external factors influencing the parent market growth during the forecast period.
The increased investment in R&D for new technology development is notably driving the market growth, although factors such as the slower adoption rate among end-users may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Key Commercial Kitchen Ventilation Systems Market Driver
Increased investments in R&D for new technology development are the key factor driving the global commercial kitchen ventilation systems market growth. With the increased competition in the market, vendors are striving to gain market share by introducing new features and technologies to their products. To support long-term growth through product development, many vendors are investing in R&D, thereby constantly pushing the boundaries in improving commercial kitchen ventilation systems and solutions. For instance, Halton owns six laboratories across the US and Europe, five of which are exclusively dedicated to ventilation in professional kitchens.
Apart from vendors, other non-profit organizations and associations, including The American Society of Heating, Refrigerating and Air-Conditioning Engineers (ASHRAE), The National Fire Protection Association (NFPA), and Food Service Technology Center (FSTC) are continuously conducting research to identify more features and technology for making existing products more efficient and safer. Such factors will spur market growth during the forecast period.
Key Commercial Kitchen Ventilation Systems Market Trend
The increasing demand for energy-efficient products will fuel the global commercial kitchen ventilation systems market growth. Sustainability is a major driver of innovation in nearly every industry worldwide. In recent years, sustainability has become one of the biggest trends in the food service equipment sector, including in ventilation systems used in commercial kitchens. The high demand for energy-efficient products encourages manufacturers to develop advanced products, which is expected to drive the sale of ventilation systems with the Energy Star certification during the forecast period.
Product-related education and technical support have increased, and more operators are expected to embrace the benefits of energy-efficient ventilation systems, which benefits new entrants into the market. Food service industry participants are increasingly incorporating new technologies, standards, design improvements, and best practices that are affordable and make it easier to reach higher levels of profitability, performance, and efficiency.
Key Commercial Kitchen Ventilation Systems Market Challenge
The slower adoption rate among end-users is a major challenge to the global commercial kitchen ventilation systems market growth. One of the key challenges is the slow adoption rate of commercial kitchen ventilation products among end-users, especially due to the slow acceptance of advanced or complicated technology, the lack of regulatory pressures, and high installation costs. The installation cost of commercial kitchen ventilation systems is expected to be a key restraining factor for their adoption, particularly in developing regions, due to the lack of purchasing power among buyers.
The overall cost of a new ventilation system varies between USD 1,000 and USD 10,000, depending on the type and complexity. Small, family-run restaurants with limited earnings are reluctant to spend such high amounts, thereby hindering the adoption of these systems. All the aforementioned factors hinder the adoption of commercial kitchen ventilation products during the forecast period.
Key Commercial Kitchen Ventilation Systems Market Customer Landscape
The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Commercial Kitchen Ventilation Systems Market Customer Landscape
Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
captiveaire.com - The company offers commercial kitchen ventilation systems such as fresh-air restaurant systems, exhaust hoods, hood filtration, and pollution control.
The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:
Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.
The market share growth by the type 1 hood segment will be significant during the forecast period. Type I ventilation hoods must be installed above the cooking range/equipment that produces grease or smoke. They are specifically designed to remove condensation, heat, smoke, grease, and oil-laden vapors that are produced during cooking. They are commonly called grease hoods, and the hood ducts should be fully welded.
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The type 1 hood segment shows a gradual increase in the market share of USD 881.17 million in 2017 and continue to grow by 2021. Type I hoods are typically used to capture and remove exhaust air from above cooktops, wok ranges, open-flame stoves, deep fryers, and solid fuel applications, such as grills and broilers. If the cooking equipment is kept against a wall, a wall canopy hood can be utilized. If no walls are present around the stovetop, either single- or double-island hoods can be installed on the ceiling. Island hoods tend to be prone to greater rates of drafts and spillage due to the increased airflow around the unit. Therefore, all these factors will result in the growth of the Type I Hood segment of the global commercial kitchen ventilation systems market during the forecast period.
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North America is projected to contribute 38% of market growth by 2023. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The key factors driving the commercial kitchen ventilation market in North America are the growing awareness of energy-efficient products and the increasingly stringent regulations for commercial kitchen ventilation systems. In recent times, there has been an increased emphasis on global warming and changing environmental conditions, which has led to increased compliance with regulations and standards. Commercial kitchens must adhere to such safety and environmental standards.
This report forecasts the contribution of all the segments to the growth of the market. In addition, we have included the COVID-19 impact and the recovery strategies for each segment. COVID-19 led to an upsurge in the demand for North America. However, owing to extensive vaccination efforts across North America, lockdown restrictions were lifted in 2021. As a result, operations in restaurants, canteens, hostels, and other commercial end-user facilities resumed, thereby increasing demand in the region for commercial kitchen ventilation systems. Such factors are expected to drive the growth of the commercial kitchen ventilation systems market in North America during the forecast period.
The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. The market has been segmented by type, product, and region.
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Commercial Kitchen Ventilation Systems Market Scope |
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Report Coverage |
Details |
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Page number |
164 |
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Base year |
2022 |
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Historic period |
2017-2021 |
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Forecast period |
2023-2027 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 7.51% |
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Market growth 2023-2027 |
USD 947.44 million |
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Market structure |
Fragmented |
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YoY growth (%) |
6.53 |
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Regional analysis |
APAC, Europe, North America, South America, and Middle East and Africa |
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Performing market contribution |
North America at 38% |
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Key countries |
US, Mexico, China, India, and Brazil |
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Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
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Key companies profiled |
Captive Aire Systems Inc., Carroll Manufacturing International, Climecon Oy, CS Ventilation, Dover Corp., Greenheck Fan Corp., Hanil Onyx Co. Ltd., HCE, Loren Cook Co., Melink Corp., Oy Halton Group Ltd., Revac Systems, RevLight Solutions Pte Ltd., Spring Air Systems, Systemair AB, The Middleby Corp., Thermotek, Weather Control Solutions India Pvt. Ltd., Daikin Industries Ltd., and Illinois Tool Works Inc. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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