Press release
Range Hood Global Market Report (2020-2027) Segmented by Type, Application and region (NA, EU, and etc.)
Range Hood Global Market Report (2020-2027) Segmented by Type, Application and region (NA, EU, and etc.)The Range Hood market research in this report provided by Global Market Monitor includes historical and forecast market data, consumer demand, application segmentation details, and price trends. This report also provides a detailed overview and data analysis of major Range Hood companies during the forecast period.
The global range hood market size is expected to reach USD 11 billion by 2025. North America holds the highest share of the range hood market and is expected to expand further at a steady growth rate. The rapid adoption of advanced technologies in the region and the resulting demand for connected and smart devices, especially in countries such as Canada and Mexico, are the major market drivers. Asia Pacific is expected to be the fastest growing regional market, which is accelerating due to increasing awareness about the benefits of products, thereby increasing consumer spending power and high demand. The need for convenient cleaning solutions is also driving product demand due to increasing workforce, especially in developing countries such as India and China. Moreover, with rapid urbanization and the prevalence of small compact housing in the region, consumers are preferring convenient kitchen designs such as modular models, which is expected to further drive demand.
A range hood is a kitchen appliance that purifies the kitchen environment. It is installed in the kitchen above the stove, which can quickly pump away the burning waste and harmful fumes produced in the cooking process and discharged outdoors, while collecting the condensation of fumes to reduce pollution and purify the air, and has the security role of anti-toxic and explosion-proof.
Technological advancements and increasing use of kitchen hood devices are expected to be key factors driving the market. Manufacturers use multiple insulation layers, sound absorbing bases, and filtration system motors to reduce noise. This factor is also likely to boost market growth. Moreover, changing lifestyles due to busy work schedules and increasing number of hotels and food chains, especially in developing countries such as India and China, are driving the market. Stringent government regulations for cleanliness and hygiene in restaurants and food chains in various regions have mandated the installation of range hoods, which is also driving the market growth.
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Major Participators Landscape
Major market participators covered in our report are:
SAKURA
Midea
Nortek
DE & E
Electrolux
BSH Group
Whirlpool
VATTI
Elica
ROBAM
Summit
Vanward
FAGOR
Tecnowind
Macro
FABER
Haier
Bertazzoni
Miele
Panasonic
Sanfer
FOTILE
These market players enjoyed broad industry coverage, outstanding operational ability, and strong financial resources. Manufacturers are focusing on product innovation, brand extension, and the introduction of new brands to cater to the preferences of consumers. Some of them will be endowed with vital future while others will show a weak growth during the prospective timeframe.
Range Hood Application Abstract
The Range Hood is commonly used into:
On-line
Franchised Store
Shopping mall and Supermarket
Others
Type Outline:
Under-cabinet Hood
Wall-chimney Hood
Island Hood
Downdraft Hood
Other Hood
Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Range Hood Market
…
2 Market Trends and Competitive Landscape
3 Segmentation of Range Hood Market by Types
4 Segmentation of Range Hood Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Range Hood Market in Major Countries
7 North America Range Hood Landscape Analysis
8 Europe Range Hood Landscape Analysis
9 Asia Pacific Range Hood Landscape Analysis
10 Latin America, Middle East & Africa Range Hood Landscape Analysis
11 Major Players Profile
…
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Range Hood Market: Region Outlook
North America (U.S., Canada, Mexico)
Europe (Germany, France, Italy, Spain, U.K., Nordic Countries, Belgium, Russia, Rest of Europe)
Asia Pacific (China, India, Australia, Japan, South Korea, Australia and New Zealand, Rest of Asia Pacific)
Latin America, Middle East & Africa (Brazil, Nigeria, Argentina, South Africa, GCC Countries)
Others
Report Key Audience
Range Hood manufacturers
Downstream vendors and end-users
Traders, distributors, and resellers of Range Hood
Range Hood industry associations and research organizations
Product managers, Range Hood industry administrator, C-level executives of the industries
Market Research and consulting firms
Key Features of the Range Hood Market Report
-Report customization as per the client’s requirements
-Analysis of product segments for Range Hood market with historical data and forecast
-Learn about the various market strategies that are being adopted by leading companies.
-Global Range Hood market size & trends, drivers, constraints, growth opportunities, regional and country level analysis, investment opportunities, and recommendations
-It provides a six-year forecast based on Range Hood market growth forecasts
Available Customizations – Market Monitor offers customizations according to the company's specific needs.
https://www.globalmarketmonitor.com/request.php?type=9&rid=0
Find More Market Research Reports
Intelligent Range Hood Market Report
https://www.globalmarketmonitor.com/reports/590838-intelligent-range-hood-market-report.html
Kitchen Hood Market Report
https://www.globalmarketmonitor.com/reports/589558-kitchen-hood-market-report.html
Commercial Kitchen Sinks Market Report
https://www.globalmarketmonitor.com/reports/587982-commercial-kitchen-sinks-market-report.html
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Global Market Monitor
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About Global Market Monitor
Global Market Monitor is a professional modern consulting company, engaged in three major business categories such as market research services, business advisory, technology consulting.
We always maintain the win-win spirit, reliable quality and the vision of keeping pace with The Times, to help enterprises achieve revenue growth, cost reduction, and efficiency improvement, and significantly avoid operational risks, to achieve lean growth. Global Market Monitor has provided professional market research, investment consulting, and competitive intelligence services to thousands of organizations, including start-ups, government agencies, banks, research institutes, industry associations, consulting firms, and investment firms.
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