Top Restaurant Equipment Companies

Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Restaurant Equipment Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Restaurant Equipment industry players.

Restaurant Equipment Market Competitive Landscape

Multinational companies and innovative startups are competing for market share in the competitive restaurant equipment market. The companies are using market diversification, strategic collaboration, and product innovation as strategies. Companies such as Rational AG and Middleby Corporation specialize in developing intelligent kitchen technology, while others are targeting growth markets. To comply with legal requirements and consumer expectations for sustainability, top companies also employ energy-efficient technology.

  • Tovala (2015): Tovala is a food technology company with its smart oven that bakes, broils, and steams, which is changing the cooking experience. The pre-portioned food delivery company, Tovala, can be used with its Internet of Things-enabled oven. Tovala's technology makes food preparation simpler, making kitchen function more efficient and convenient both at home and in restaurants. Its application to the food sector signals increasing demand for networked kitchen appliances.
  • Miso Robotics (2016): An advanced company named Miso Robotics automates commercial kitchens using AI. Its flagship product, Flippy, is a robot grill companion that aims to assist kitchens and restaurants in preparing, flipping, and grilling food. Miso robots save labor, increase kitchen efficiency, and ensure food consistency through a combination of robots, computer vision, and machine learning. With restaurant equipment industry automation solutions, its innovations are transforming kitchen operations, especially in high-volume restaurants and fast-food chains.

Top Player’s Company Profiles

  • Middleby Corporation (USA) 
  • Ali Group (Italy) 
  • Rational AG (Germany) 
  • Electrolux Professional (Sweden) 
  • Welbilt, Inc. (USA) 
  • Hoshizaki Corporation (Japan) 
  • Hobart (USA) 
  • Meiko (Germany) 
  • ITW Food Equipment Group (USA) 
  • Manitowoc Foodservice (USA) 
  • Vulcan (USA) 
  • Alto-Shaam (USA) 
  • Cambro Foodservice Equipment (USA) 
  • American Range (USA) 
  • Frymaster (USA) 
  • Unox S.p.A. (Italy) 
  • Fagor Industrial (Spain) 
  • Turbo Air Inc. (USA / South Korea) 
  • Foster Refrigerator (UK) 
  • True Manufacturing Co. Inc. (USA) 

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Global Restaurant Equipment Market size was valued at USD 86.46 Billion in 2023 and is poised to grow from USD 92.89 Billion in 2024 to USD 174.47 Billion by 2032, growing at a CAGR of 7.5% in the forecast period (2025-2032).

Multinational companies and innovative startups are competing for market share in the competitive restaurant equipment market. The companies are using market diversification, strategic collaboration, and product innovation as strategies. Companies such as Rational AG and Middleby Corporation specialize in developing intelligent kitchen technology, while others are targeting growth markets. To comply with legal requirements and consumer expectations for sustainability, top companies also employ energy-efficient technology. 'Middleby Corporation', 'Rational AG', 'Electrolux Professional', 'Welbilt, Inc.', 'Hoshizaki Corporation', 'Meiko', 'Turbo Air Inc.', 'KitchenAid Commercial', 'Foster Refrigerator', 'Lincoln Foodservice Products', 'Fagor Industrial', 'Ali Group', 'Lincat Ltd.', 'Enodis Plc', 'Cleveland Range'

Restaurant business is being revolutionized by intelligent kitchen technology, including AI-based solutions and IoT-based devices. They enhance food quality, operational efficiency, and waste minimization by making energy optimization data-driven, predictive maintenance possible, and enabling remote monitoring. Induction cooktops and combi ovens, for instance, are increasingly being utilized in the majority of kitchens as a result of their improved energy efficiency, consistency, and performance.

Integration of IoT and Smart Kitchens: Restaurant operations are evolving due to the increased adoption of smart kitchens and the integration of IoT-capable gadgets. Interconnected ovens, refrigerators, and dishwashers are some of the appliances that provide predictive maintenance, energy efficiency, and real-time equipment monitoring. By 2025, most restaurants in developed nations will utilize these technologies to meet operational and sustainability objectives by enhancing food safety, reducing downtime, and maximizing kitchen efficiency.

Why North America Leads in Smart Kitchen Equipment Adoption?

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Global Restaurant Equipment Market
Restaurant Equipment Market

Report ID: SQMIG20E2121

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