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.

Key vendors in this market are -

• Bakers Pride
• MagiKitch'n
• Southbend
• Vulcan
• Wells, Bloomfield

Other prominent vendors in the market include Blodgett, Castle Stove, Centaur, Garland, Globe Food Equipment Company, Imperial Commercial Cooking Equipment, Jade Range, Montague Company, Star Manufacturing International, Toastmaster, Turbo Air, Vollrath, and Wolf Equipment.                                                    

Segmentation by product type and analysis of the commercial charbroilers market

• Countertop charbroilers
• Floor-model charbroilers

The countertop charbroilers segment accounted for the maximum market share during 2015 and will continue to dominate the market during the forecast period. Charbroilers are available in various dimensions to fit the various foodservice establishments. Some of the countertop charbroilers models come with 13 burners. Depending on the usage they are classified as a medium duty or heavy duty. The heavy-duty countertop charbroilers are designed to handle constant, high output while the medium-duty models are designed for lower outputs and cannot be used constantly.

Segmentation by power type and analysis of the commercial charbroilers market

• Gas charbroilers
• Electric charbroilers

Gas charbroilers cooking equipment accounted for the maximum market share during 2015 and will continue to dominate the market during the forecast period. Gas charbroilers are classified as radiant charbroilers and lava rock charbroilers. Radiant charbroilers provide a uniform temperature across the cooking surface, requires low maintenance cost and energy consumption, and can cost as low as $400, and can go up to $13,500. Lava rock charbroilers can simulate the charcoal cooking process and can be priced as low as $400, and this price can go up to $11,100.

Key questions answered in the report include

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the global commercial charbroilers market?
• What are the key market trends impacting the growth of the global commercial charbroilers market?
• What are the challenges to market growth?
• Who are the key vendors in the global commercial charbroilers market?
• What are the market opportunities and threats faced by the vendors in the global commercial charbroilers market?
• What are the trending factors influencing the market shares of APAC, Europe, North America and ROW?
• What are the key outcomes of the five forces analysis of the global commercial charbroilers market?

Technavio also offers customization on reports based on specific client requirement.

Related reports:

• Global Commercial Electric Fryer Market 2016-2020
• Global Smart Appliances Market 2016-2020
• Global Food Enzymes Market 2016-2020
• Global Coil Coatings Market 2016-2020