The commercial kitchen ventilation systems market is forecasted to grow by USD 1002.4 million during 2023-2028, accelerating at a CAGR of 7.47% during the forecast period. The report on the commercial kitchen ventilation systems market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased investment in R and D for new technology development, increasing adoption of demand-controlled kitchen ventilation, and growing foodservice industry.
Technavio's commercial kitchen ventilation systems market is segmented as below:
Market Scope
Base Year
2024
End Year
2028
Series Year
2024-2028
Growth Momentum
Accelerate
YOY 2024
6.81%
CAGR
7.47%
Incremental Value
$1002.4 mn
By Type
Type I hood
Type II hood
By Product
Wall-mounted canopy hoods
Proximity hoods
Island canopy hoods
By Geographical Landscape
APAC
Europe
North America
South America
Middle East and Africa
This study identifies the increasing demand for energy-efficient products as one of the prime reasons driving the commercial kitchen ventilation systems market growth during the next few years. Also, changing complex operations of commercial kitchens and evolving cooking style due to changing consumer food preferences will lead to sizable demand in the market.
The report on the commercial kitchen ventilation systems market covers the following areas:
Commercial kitchen ventilation systems market sizing
Commercial kitchen ventilation systems market forecast
Commercial kitchen ventilation systems market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading commercial kitchen ventilation systems market vendors that include Captive Aire Systems Inc., Carroll Manufacturing International, Climecon Oy, CS Ventilation, Daikin Industries Ltd., Dover Corp., Greenheck Fan Corp., HANIL HOLDINGS CO. LTD., HCE, Illinois Tool Works Inc., Loren Cook Co., Melink Corp., Halton Group Oy Ltd, Revac Systems, RevLight Solutions Pte Ltd., Spring Air Systems, Systemair AB, The Middleby Corp., Thermotek, and Weather Control Solutions India Pvt. Ltd.. Also, the commercial kitchen ventilation systems market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Market Segmentation by Product
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Commercial Kitchen Ventilation Systems Market 2018 - 2022
Historic Market Size - Data Table on Global Commercial Kitchen Ventilation Systems Market 2018 - 2022 ($ million)