Monday, 21 November 2016

Global Commercial Charbroilers Market Research Report 2016-2020



Technavio Announces the Publication of its Research Report Global Commercial Charbroilers Market 2016-2020

Technavio recognizes the following companies as the key players in the global commercial charbroilers market: Bakers Pride, MagiKitch'n, Southbend, Vulcan, and Wells, Bloomfield.

Other prominent vendors in the market are: Blodgett, Castle Stove, Centaur, Garland, Globe Food Equipment Company, Imperial Commercial Cooking Equipment, Jade Range, Montague Company, Star Manufacturing International, Toastmaster, Turbo Air, Vollrath, and Wolf Equipment. 

Commenting on the report, an analyst from Technavio’s team said: “One of latest trends in the market is growing preference for energy-efficient charbroilers. Commercial charred food providers like steakhouses, hotels, and restaurants are now focusing more on energy-efficient charbroilers that use less energy and time to prepare quality food. These energy-efficient charbroilers also help in lowering carbon footprint. Charbroilers with improved technology, such as the infrared burner technology, are gaining prominence worldwide as such charbroilers are relatively much more efficient. Many manufacturers of commercial charbroilers are also focusing on incorporating new features in the equipment, which help in energy conservation. Some of the energy-efficient features being incorporated in commercial charbroilers include thermostatically controlled heating zones to ensure uniform heating of the cooking surface, and deployable grate covers to prevent heat from escaping from the cooking surface. For instance, the B&S Commercial Kitchen’s VERRO premium fusion series charbroilers come with an energy-efficient stainless steel burner provides maximum heating, ensuring the even distribution of heat across the cooking surface.”

According to the report, one of the primary drivers in the market is increase in foodservice establishments. A rise in the demand for charbroiled cuisine such as the Caribbean cuisine and burgers and sandwiches with charbroiled patties is leading to an increase in the number of restaurants advertising charbroiled cuisine. While some restaurant owners are expanding their food menus to include charbroiled food, many foodservice establishments are also expanding domestically as well as internationally. Such increase in a number of foodservice establishments offering charbroiled food directly relates to a proportional rise in the demand for commercial charbroilers. 

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Further, the report states that one major challenge in the market is high operating cost. The overall cost to operate charbroilers is much higher than the cost of buying the equipment. The operating cost takes into consideration parameters like maintenance and energy. Charbroilers require regular maintenance to function with full. For instance, it is vital to regularly scrape food build-up off the charbroiler grates and radiant. The grease pan in charbroilers needs to be properly cleaned to prevent grease fires of flare-up from the excess fat. Regular degreasing of the unit is also required, as the grease build-up can result in an early breakdown of the unit. On an average, the cost of operating a standard 24-inch commercial charbroiler for 12 hours is about $18. If this charbroiler is used for about 310 days in a year (12 hours each day), the annual operating cost of this charbroiler will be close to $5,600. A standard 24-inch commercial charbroiler can be bought for as low as $530, though few advanced models of 24-inch charbroilers can also be priced as high as $4,900.

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 a SWOT analysis of the key vendors. 


About Commercial Charbroilers

Charbroilers are used to cook a variety of food items, especially meat, fish, and seafood, at consistent temperatures. Charbroilers give food the appearance and flavor of having been cooked on an outdoor backyard barbecue. One of the primary benefits of charbroilers is they provide better food presentation and offer high production level with a shorter recovery time. Vollrath, Bakers Pride, Garland, Star Manufacturing International, and Vulcan are some of the manufacturers offering charbroilers in the market. 

Technavio’s analysts forecast the global commercial charbroilers market to grow at a CAGR of 4.56% during the period 2016-2020.

Covered in this report 
The report covers the present scenario and the growth prospects of the global commercial charbroilers market for 2016-2020. To calculate the market size, the report provides a list of some of the prominent players that provide commercial charbroilers. It includes competitors across all geographical regions.

The market is divided into the following segments based on geography: 
• APAC
• Europe
• North America
• ROW

Technavio's report, Global Commercial Charbroilers Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. 

Key vendors 
• Bakers Pride
• MagiKitch'n
• Southbend
• Vulcan
• Wells, Bloomfield

Other prominent vendors 
• Blodgett
• Castle Stove
• Centaur
• Garland 
• Globe Food Equipment Company
• Imperial Commercial Cooking Equipment
• Jade Range
• Montague Company
• Star Manufacturing International
• Toastmaster
• Turbo Air
• Vollrath
• Wolf Equipment 

Market driver 
• Increase in foodservice establishments.
• For a full, detailed list, view our report 

Market challenge 
• Prevailing market for used equipment.
• For a full, detailed list, view our report 

Market trend 
• Growing preference for energy-efficient charbroilers.
• For a full, detailed list, view our report 

Key questions answered in this report 
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors? 


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