Commercial kitchen equipment Market Is Poised To Achieve Continuing Growth During Forecast Period 2014 - 2025

Commercial kitchen equipment industry may be explored by type, end user, and geography. The market may be explored by type as Char Broilers/Broilers/Griddles/Grills, Braising Pans/Tilting Skillets, Cook-chill Systems, Steamers, Fryers, Ovens, Ranges, Cookers, Kettles, and Others. The “Cookers” segment dominated the commercial kitchen equipment market in 2016 and is anticipated to maintain its dominance by 2025 owing to utilization of cookers by several catering companies, end-users, hotels, and restaurants.

Commercial kitchen appliances industry may be explored by end user as Fast Food Chain (FFC), Café & Bar, QSR, Railway Dining, Institutional Canteen, Ferry & Cruise, Resort & Hotel, Hospital, FSR, and Others. The “QSR” segment dominated the market in 2016 and is anticipated to maintain its dominance by 2025. The QSR segment is anticipated to grow at the highest CAGR of 7.5% over the forthcoming period.

North America accounted for the major share of the commercial kitchen equipment market size in 2016 and will continue to lead in the forecast period. The factors that could be attributed to the growth include surge in the number of fast food outlets due to hectic & busy lifestyle, rise in eating out expenditure, and increase in the number of working women. North America is followed by Europe and Asia-Pacific.

Browse Full Report with TOC  - https://www.millioninsights.com/industry-reports/commercial-kitchen-equipment-market

Some of the key players that fuel the growth of the commercial kitchen equipment industry comprise Hamilton Beach, Hobart, Carrier Corporation, Middle by Corporation Company, True Manufacturing, The Vollrath Company, LLC, and AIHO Corporation. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

Market Segment:

Commercial Kitchen Appliances Product Outlook (Revenue, USD Million; 2014 - 2025)

    • Refrigerator

    • Cooking Appliance

        • Cooktop & Cooking Range

            • Induction

            • Gas & Electric

        • Oven

            • Convection

            • Microwave

            • Combination

        • Rice Cooker

    • Dishwasher

Comments

Post a Comment

Popular posts from this blog

Orthopedic Braces and Supports Market Players And Industry Forecasts Till, 2014 - 2024.

According to the Centers for disease Control and Prevention, in 2015, 30 million US adults were estimated to suffer from osteoarthritis. It is estimated that 54.4 million of the US adults are affected with some form of arthritis. People with arthritis are the major target for orthopedic braces and supports. The second most common form of arthritis is rheumatoid arthritis which cause muscle pain. On the basis of end use, the market is segmented into hospitals, orthopedic clinics, Over-the-Counter (OTC), and other facilities. Orthopedic clinics contributed to the largest market share in 2015, due to reluctance of patients to visit specialty clinics for acute musculoskeletal disorders. Download Free Sample  -  https://www.millioninsights.com/industry-reports/orthopedic-braces-supports-market/request-sample Increase in geriatric population is one of the primary driver for the growth of the market. This population is highly affected by musculoskeletal disorders. According to International O
Read more

Solar Cell Market Trends, Share & Scope, Product Estimates & Strategy Framework To 2014 - 2024.

Image
The decrease in PV prices is projected to explore new opportunities for crystalline silicon modules over the estimated period. In addition, advancements in technology in improving the operating efficiency of thin film solar cells are anticipated to increase its demand in commercial and residential applications. The demand for the solar cell in North America was estimated to be over 20 GW in 2014. High PV installations owing to the rising consumer awareness towards benefits in cost associated with the renewable energy systems in the region is expected to drive market growth. However, lack of incentives and federal subsidy after 2016 is expected to witness a reduction in the installation in residential and commercial segments which is expected to hamper growth. Download Free Sample  -  https://www.millioninsights.com/industry-reports/solar-cell-market/request-sample Competitive Market Share Insights The major players in the solar cell market include First Solar Inc., SunPower Corporation
Read more

Automotive Lubricants Market growth driver analysis 2014 - 2025.

The automotive lubricants industry is segmented on the basis of base oil, product type, and geography. By type of product, the segmentation goes like bio-based oil, semi-synthetic/synthetic oil, and mineral oil. Semi-synthetic/synthetic oil holds the largest market share; thanks to its splendid performance. By base oil, the market spans manual transmission fluid, automatic transmission fluid, and engine oil. By geography, the market constitutes North America, LATAM, Asia Pacific, Europe, and MEA. Download Free Sample  -  https://www.millioninsights.com/industry-reports/automotive-lubricants-market/request-sample Asia Pacific is expected to witness the fastest growth due to increase in consumption of vehicles in economies like India. LATAM is fast catching up due to Brazil witnessing tremendous growth in sales of heavy and light vehicles. The players contributing to the automotive lubricants market include Chevron Corporation, Sinopec Corporation, ExxonMobil Corporation, Royal Dutch She
Read more