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What's driving Commercial Kitchen Ventilation System Market Growth? Top Players: Britannia kitchen ventilation ltd, CaptiveAire Systems Inc.

06-11-2019 01:46 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

What's driving Commercial Kitchen Ventilation System Market

Technological advancement has led to wide adoption of effective equipment across home settings. One such technology that is gaining high prominence among users is kitchen ventilation system. A commercial kitchen ventilation system includes both air exhausts as well as replacement air facility within the cooking area.

In the working hours, a commercial kitchen is filled with fumes and smokes creating an unhealthy environment for kitchen staff. The fumes turn into condensate/grease on the kitchen equipment, ceilings and walls, causing an insanitary condition and possible deterioration of the surfaces of walls and ceilings. The most vital considerations are given to the requirements of hygiene, comfort for people working in the kitchen, efficiency of the ventilation system and prevention of fire. The primary objective of a ventilation system in commercial kitchens is that the ventilation system should have a proper filtration system so that smoke, oil, grease and other particulate contaminants are easily removed by filtering air.

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Commercial Kitchen Ventilation System Market: Drivers & Restraints

The major factors driving the growth of the global Commercial Kitchen Ventilation System Market are implementation of stringent regulations regarding VOC emission, increasing standard of living, rising per capita and disposable income, increasing awareness regarding greenhouse effect and substantial rise in pollution across the globe. Moreover, ongoing trends such as adoption of Demand Controlled Ventilation (DCV) system are expected to boost market growth. Though this market is bound to witness significant growth rate over the forecast period, high cost of equipment is proving a major challenge to overall adoption of commercial kitchen ventilation systems.

Commercial Kitchen Ventilation System Market: Segmentation

The global Commercial Kitchen Ventilation System Market is segmented on the basis of application type, fan type, and region. On the basis of application type, the global Commercial Kitchen Ventilation System Market is segmented into restaurants, hospitals, corporate offices, and others. The restaurants segment is further segmented into hotels, five star hotels, and others. On the basis of fan type, the global Commercial Kitchen Ventilation System Market is segmented into high volume low speed fans, axial fans, centrifugal fan sets, bifurcated fan sets, belt driven axial fans, in-line centrifugal and mixed flow impellers, and roof extract fans.

Commercial Kitchen Ventilation System Market: Region-wise outlook

Region wise, the global Commercial Kitchen Ventilation System Market has been divided in to seven key regions including North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific excluding Japan, Middle East & Africa and Japan. The global Commercial Kitchen Ventilation System Market is expected to register healthy CAGR during the forecast period. Asia pacific is expected to dominate Commercial Kitchen Ventilation System Market throughout the forecast period. Significant presence of commercial restaurants along with substantial rise in overall consumer spending is expected to drive the demand for kitchen ventilation in the region. Next, North America and Europe are expected to create substantial demand for commercial kitchen ventilation systems. Market in Latin America and Middle East & Africa is expected to grow at a subdued rate owing to low consumer spending.

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Commercial Kitchen Ventilation System Market: Key Players

The Key players operating into the Commercial Kitchen Ventilation System Market are Britannia kitchen ventilation ltd, CaptiveAire Systems Inc., Centrotee Sustainable AG, Greenheck Fan Corporation, Munters AB, Nortek Incorporated, Flakt Woods Group and Solar & Palau Group. Major players in the global Commercial Kitchen Ventilation System Market are focused on product innovation and product certification to maintain their competitive edge in the global Commercial Kitchen Ventilation System Market.

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