Global Commercial Charbroilers Market 2016-2020

Overview of the global commercial charbroilers market

The global commercial charbroilers market is anticipated to grow at a steady rate and will post a CAGR of more than 4% during the forecast period. Advancements in features of new commercial charbroilers will drive the growth prospects for the global commercial charbroilers market during the forecast period. The advanced features of commercial charbroilers include round rods to control the grease and flare-ups, steel rods to minimize carbon build up, and self-cleaning filtering systems with under-fired charbroilers to reduce the emissions generated from grilling. The new improved features augment the product’s efficiency and productivity. For instance, MagiKitch’n Series 600 charbroilers provide top grid and round rods to control the amount of grease and flare-up, Vulcan’s IRX infrared charbroiler provide energy-efficient independent burner sections, Wolf Equipment’s achiever charbroiler provides efficient broiling features. Many global charbroiler operators have started using infrared charbroilers that help reduce the energy cost by up to 40% as compared to the natural gas radiant charbroilers.

In terms of geography, North America accounted for the maximum market share during 2015 and will continue to dominate the market during the forecast period. Much of this region’s growth can be attributed to the region’s  preference for the adoption of advanced commercial kitchen equipment and a high consumer demand for charbroiled food. These two factors increase the sales of commercial charbroilers in North America. Other factors leading to market growth in the region include low operational cost and increasing establishment of foodservice outlets offering charbroiled food.

Competitive landscape and key vendors

The suppliers in the global commercial charbroilers market are categorized as champions, market pillars, innovators, and emerging players. The vendors are focusing on product differentiation based on the source of heat, consistency in heating, and the number of burners and controls. Vendors are also manufacturing commercial charbroilers that minimize the carbon footprint and are developing charbroilers that come with adjustable grates and allow operators to adjust settings depending on the type of food and load volume.