The global commercial kitchen ventilation systems market is expected to grow at a CAGR of more than 4% between 2017 and 2021, according to Technavio’s latest report.
The recent research covers the market outlook and growth prospects of the global commercial kitchen ventilation systems market for this forecast period. The market is segmented based on product, which includes commercial wall mounted canopy hoods, commercial wall mounted canopy hoods, commercial proximity hoods, and commercial eyebrow hoods.
Expected to grow in the coming years, the market is driven by the demand for integrated systems during the forecast period. The increasing preference for demand control kitchen ventilation system is on the rise as the speed of the exhaust fans in these systems can be adjusted to the load cooked on the cooking equipment. This is done with the help of optical sensors or heat sensors and helps in saving energy when the cooking equipment is not operated.
Technavio divided the global commercial kitchen ventilation systems market into the Americas, EMEA and APAC regions. The Americas is the largest market and is expected to grow at a CAGR of 4.71%, with Manjunath Reddy, a lead analyst at Technavio for research on foodservice, saying: “The growth of the commercial kitchen ventilation system market in the Americas is mainly driven by the increasing demand for energy efficient technology. Various manufacturers of commercial kitchen ventilation systems in the region are looking to develop energy-efficient products such as demand control kitchen ventilation systems that consume up to 60% less energy compared to standard commercial kitchen ventilation systems in various foodservice establishment operations.”
The manufacturers in the region are also looking to develop features that can enhance the working environment in the commercial kitchens. For instance, the Halton Group provides its CMW-FMOD – Cold Mist on-demand hood, which is equipped with the cold mist on-demand technology that is designed to help reduce the temperature of air and remove grease from the exhausted air.
Technavio predicts the EMEA market will grow to $1bn/£798m in 2021. The increasing demand for commercial kitchen ventilation systems which are compliant with international standards that ensure the electrical safety and sanitation safety of the equipment should propel market growth. For instance, one European vendor, Vianen, provides NSF and UL-certified systems. The Halton Group also provides commercial kitchen ventilation systems that are certified under ETL.
Reddy said: “The growth of the commercial kitchen ventilation system market in EMEA is also driven by an increase in the number of foodservice establishments in the region, which has directly increased the sales of ventilation systems in the region.”
In 2016 the APAC region market was valued at $525.6m. The massive expansion of foodservice establishments in the region is one of the major reasons behind the growth. For instance, in early 2016, McDonald’s announced its plans to open more than 1,400 new restaurants during the forecast period, and the company is focusing on new locations in China, Hong Kong, and South Korea.
However, an increase in the deposition of grease and oil over the ventilation hoods and exhaust systems can increase the risk of fire hazards in the commercial kitchens in the region.
The heavy grease deposition can lead to an increase in the cost of maintaining commercial kitchen ventilation systems. As maintenance costs are usually borne by foodservice establishments themselves, an increase in maintenance costs can have an adverse effect on the market in the region.
Furthermore, the top vendors in the global commercial kitchen ventilation systems market highlighted in the report are: Britannia, CaptiveAire Systems, Gaylord Industries and Greenheck Fan.