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Global Commercial Kitchen Ventilation Systems Revenue Is Nearly 1800 M USD
Monday, 22 Jun, 2020
Commercial kitchen exhaust ventilation system: A typical kitchen ventilation system includes an exhaust hood or canopy, ductwork, fan system, and a means of providing adequate makeup air (air that is lost through the ventilation process).

In the last several years, global market of commercial kitchen ventilation systems developed rapidly, with an average growth rate of 5%. In 2017, global revenue of commercial kitchen ventilation systems is nearly 1800 M USD.

The classification of commercial kitchen ventilation systems includes wall mounted canopy hoods, island canopy hoods, proximity hoods, eyebrow hoods, and the proportion of wall mounted canopy hoods in 2017 is about 38%.

Commercial kitchen ventilation systems are widely used in restaurants, hotels, hospitals, enterprises, schools and other field. The most proportion of commercial kitchen ventilation systems is restaurants, and the consumption proportion in 2017 is about 56%.

North America region is the largest supplier of commercial kitchen ventilation systems, with a production market share nearly 36% in 2017. Europe is the second largest supplier of commercial kitchen ventilation systems, enjoying production market share nearly 25% in 2017.

North America is the largest consumption place, with a consumption market share nearly 31% in 2017. Following North America, Europe is the second largest consumption place with the consumption market share of 26%. 

Market competition is intense. CaptiveAire Systems, Greenheck Fan, Gaylord, Air System Components, Halton, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.