Kitchen Display System Market Overview
The Kitchen Display System Market is projected to grow from USD 114.1 billion in 2024 to USD 260.4 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 12.50% during the forecast period (2024 - 2032). Additionally, the market size for Kitchen Display System was valued at USD 101.5 billion in 2023.
Increased demand for technological advancements and automated messages is one of the key market drivers enhancing market growth.
Figure 1: Kitchen Display System Market Size, 2024-2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Kitchen Display System Market Trends
Growing demand for technological advancements in kitchen display systems is driving market growth
Market CAGR for kitchen display systems is driven by the rising demand for technological advancements to promote visual experience in several industry sectors, such as retail, sports, and electronics. The popularity of home cooking and baking, particularly among health-conscious customers, is also likely to boost demand for kitchen scales. These scales provide exact measurements of ingredients, assuring consistency and accuracy in recipes, which is crucial in baking. These food scales are higher and give an accurate weight reading than an analog kitchen scale—the mass or weight of an ingredient measured in fluid ounces, grams, milliliters, or pounds. Kitchen display system scales are lightweight, compact, and hardly evident on a kitchen counter. Moveable digital scales are suitable and portable to use. The internal anxiety gauge of an object twists due to mass when it is put on a digital scale. This degree of distortion is converted to an electrical signal by the scale, which then permits the signal via a digital converter to show the weight.
Additionally, customers may configure your Toast KDS to generate automatic notifications when you designate an order as completed on the KDS. SEND SMS text messages to consumers who bought online, informing them when their takeaway order is available. Alternatively, send an in-POS alert to your service workers informing them that their table's order is ready. These warnings keep your kitchen running efficiently and prevent prepared food from spoiling in the window.
The increasing demand from commercial organizations is also anticipated to increase the growth of the kitchen display system. Kitchen display system provide a number of benefits for commercial organizations. They can guarantee that the food preparation is perfect, which is difficult for catering services and restaurants that prepare meals for consumers. The kitchen display system saves time by quickly weighing a range of products. The built-in timers and memory features involved in several kitchen display systems are good for commercial organizations. As a result, it is anticipated that throughout the projection period, demand for kitchen display system will increase due to the increasing technology advancement. Thus, driving the Kitchen Display System market revenue.
Kitchen Display System Market Segment Insights
Kitchen Display System Type Insights
The Kitchen Display System market segmentation, based on type, includes hardware and software. In 2023, the hardware segment dominated the market, accounting for the maximum market revenue due to its powerful role in forming a Kitchen display system without the requisites of monitors, screens, and other devices. Moreover, with the modernization of kitchens, the demand for efficient and trustworthy KDS hardware continues to rise, and the kitchen display system market is growing.
Kitchen Display System Application Insights
The Kitchen Display System market segmentation, based on application, includes large enterprises and SMEs. In 2023, the large enterprises category generated the most income due to the large scale of operations in these large enterprises, requiring the adoption of smart systems like KDS to manage their expansive order capacities and maintain operational effectiveness. Top restaurant chains and large-scale food service providers have both the wealth and imperious to invest greatly in these systems to manage their top position in the market.
Kitchen Display System Sales Channel Insights
The Kitchen Display System market segmentation, based on sales channel, includes direct channel and distribution channel. In 2023, the distribution channel category generated the most income due to its established relationships and networks with specialized tech distributors and wholesalers. The distribution channel provides bundled solutions, including hardware and software, joined with after-sales services.
Figure 1: Kitchen Display System Market by Sales Channel, 2023 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Kitchen Display System Regional Insights
By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North American Kitchen Display System market area will dominate this market, owing to an increasing number of fast food and restaurant establishments. In addition, the growing number of investments in establishing food courts and rising tech-savvy consumers will boost market growth in this region.
Further, the major countries studied in the market report are the US, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: KITCHEN DISPLAY SYSTEM MARKET SHARE BY REGION 2023 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe Kitchen Display System market accounts for the second-largest market share due to the rising acceptance of technology and availability of online food services. Further, the German Kitchen Display System market held the largest market share, and the UK Kitchen Display System market was the fastest-growing market in the European region.
The Asia-Pacific Kitchen Display System Market is expected to grow at the fastest CAGR from 2024 to 2032 due to increasing cooking and baking trends with kitchen display systems for commercial and household purposes. Moreover, China's Kitchen Display System market held the largest market share, and the Indian Kitchen Display System market was the fastest-growing market in the Asia-Pacific region.
Kitchen Display System Key Market Players & Competitive Insights
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Kitchen Display System market grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Kitchen Display System industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the Kitchen Display System industry to benefit clients and increase the market sector. In recent years, the Kitchen Display System industry has offered some of the most significant advantages to the restaurant industry. Major players in the Kitchen Display System market, including QSR Automations, Oracle, Lightspeed, Upserve, Inc., Square, Inc., Epson America, Inc., Toast, Inc., TouchBistro Inc., Loyverse, Advantech Co. Ltd., and others, are attempting to increase market demand by investing in research and development operations.
Advantec is a multinational leader in the sector of IoT intelligent systems and incorporated platforms. To accept IoT, AI, and big data, Advantech promotes IoT software and hardware solutions with the Edge Intelligence WISE-Paas core to help organization partners and clients join their industrial chains. Advantec is also working with partners to co-create the organization's ecosystems and achieve the aim of industrial intelligence. In March 2024, Advantec released an organizational transformation, sparing no effort in installing its 20230 vision. Advantec will maintain its Sector-Driven strategy approach as part of its overall development, with future growth momentum focused not just on core business operations but also on growing emergent companies, strategic investments, and M&A. As a result, the company will reinforce its core strengths and increase personnel development activities in order to adopt the new business model.
QSR Automation began with a brilliant idea. QSR Automation aims to assist restaurants in providing the best possible guest service. The founder, Lee Leet of QSR, was working as a consultant for a big quick-service restaurant. The company has been assisting restaurants of various sizes ly. Lee's original purpose was to develop new solutions that addressed gaps for restaurants, and he formed QSR Automations to pursue that goal. For more than 25 years, the company has been in Louisville, Kentucky, developing technology that propels the dining industry ahead through rounds of kitchen automation and guest management platforms for restaurants. From kitchen to guest management solutions, the company's main mission is to design and deploy technologies that make restaurants more efficient, competent, and lucrative. In March 2023, Google's partner program with QSR Automation will be operating in more than 60 countries and will be available in 43 languages. The main objective of the program is to empower partners by providing innovation, resources, and support to assist their clients generate more income and consumers for the business.
Key companies in the Kitchen Display System market include
Kitchen Display System Industry Developments
April 2024: Toast, a specifically designed platform for restaurants, announced the introduction of its new Restaurant Management Suite. Toast's Restaurant Management Suite, powered by insights from over 100,000 restaurant locations, including hundreds of multi-unit brands such as Carbou Coffee, Papa Gino's & D'Angelo, Bar Louie, Nothing Bundit Cakes, and others, provides enterprise brands with data and insights, control and support, and integrations they require to manage their businesses better.
January 2023: In the world of fast-food restaurants that provide frozen dishes, Sahej Chopra and his crew founded "Fat Tiger," a Quick Service Restaurant that serves irresistibly excellent cuisine made with fresh ingredients. The brand is one of Sahej's cause-driven ventures. Over the years, the Indian QSR business has grown dramatically.
Kitchen Display System Market Segmentation
Kitchen Display System Type Outlook
Kitchen Display System Application Outlook
Kitchen Display System Sales Channel Outlook
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Direct Channel
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Distribution Channel
Kitchen Display System Regional Outlook
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Germany
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France
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UK
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Italy
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Spain
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Rest of Europe
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Asia-Pacific
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China
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Japan
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India
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Australia
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South Korea
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Rest of Asia-Pacific
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Rest of the World
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Middle East
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Africa
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Latin America
Report Attribute/Metric |
Details |
Market Size 2023 |
USD 101.5 Billion |
Market Size 2024 |
USD 114.1 Billion |
Market Size 2032 |
USD 260.4 Billion |
Compound Annual Growth Rate (CAGR) |
12.50% (2024-2032) |
Base Year |
2023 |
Market Forecast Period |
2024-2032 |
Historical Data |
2019-2022 |
Market Forecast Units |
Value (USD Billion) |
Report Coverage |
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
Segments Covered |
Type, Application, Sales Channel, and Region |
Geographies Covered |
North America, Europe, Asia Pacific, and the Rest of the World |
Countries Covered |
The US, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
Key Companies Profiled |
ย QSR Automations, Oracle, Lightspeed, Upserve, Inc., Square, Inc., Epson America, Inc., Toast, Inc., TouchBistro Inc., Loyverse, Advantech Co. Ltd., Others |
Key Market Opportunities |
Advancements in artificial intelligence and machine learning |
Key Market Dynamics |
Increase in technological advancement Automating messages |
Frequently Asked Questions (FAQ) :
The Kitchen Display System market size was valued at USD 101.5 Billion in 2023.
The market is projected to grow at a CAGR of 12.50% during the forecast period, 2024-2032.
North America had the largest share in the market
The key players in the market are QSR Automations, Oracle, Lightspeed, Upserve, Inc., Square, Inc., Epson America, Inc., Toast, Inc., TouchBistro Inc., Loyverse, Advantech Co., Ltd., and others.
The hardware category dominated the market in 2023.
The distribution channel had the largest share in the market.