Europe Range Hood Market By Type (Under Cabinet, Wall Mounted, Ceiling Mount and Other Types), By Distribution Channel (Offline and Online), By Country, Growth Potential, Industry Analysis Report and Forecast, 2021 - 2027
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Market Report Description
The Europe Range Hood Market would witness market growth of 8% CAGR during the forecast period (2021-2027). A range hood is a device that has a mechanical fan to remove all the combustion, fumes, heat and smoke from the kitchen. It is hanged to the gas stove or the cooktop in the kitchen that takes care of the evacuation of air and filtration in households and commercial kitchens. At commercial places like restaurants or hotels, these range hoods play an important role to keep the environment clean and hygienic.
Range hoods are usually utilized together with fire suppression gadgets at commercial places in order to pass through the fumes from a grease fire. Most of the commercial range hoods are used along with the fresh air fans, which draws in exterior air, circulating it with the cooking fumes that can draw out by the hood. The filtration system in most of the range hoods removes the trapped grease and other particles.
People are replacing their old exhaust fans with the range hoods because they are more efficient in the ventilation process. Thus, the requirement to efficiently minimize the excess heat emitted from the kitchen and the rising demand for modern home appliances, which helps in effective and convenient cooking habits are raising the installation because they have the capability to remove smoke and odour via baffle and mesh filters.
The growth of range hood market is attributed to the technological improvements and the increasing usage of loT technology in range hood devices. The key manufacturers are turning their attention towards creating more advanced gadget due to the increasing consumer preference for various smart features like noise reduction, installation of temperature, wireless connectivity, optic, and infrared sensors, in various kitchen appliances.
The Germany market dominated the Europe Online Market by Country in 2020, thereby, achieving a market value of $289 Million by 2027. The UK market is exhibiting a CAGR of 7.8% during (2021 - 2027). Additionally, The France market is poised to witness a CAGR of 10.2% during (2021 - 2027).
Based on Type, the market is segmented into Under Cabinet, Wall Mounted, Ceiling Mount and Other Types. Based on Distribution Channel, the market is segmented into Offline and Online. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Range Hood Market Size will Hit $17.6 Billion by 2027, at a CAGR of 8.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Whirlpool Corporation, Samsung Electronics Co., Ltd. (Samsung Group), Panasonic Corporation, Miele & Cie. KG, Broan-NuTone, LLC (Nortek Holdings LLC), Faber S.p.A. (Franke Holding AG), Falmec S.p.A., Asko Appliances AB (Hisense Group), Robert Bosch GmbH (BSH Home Appliances Corporation), and Elica S.p.A. (FAN S.A.)
Scope of the Study
Market Segments Covered in the Report:
- Under Cabinet
- Wall Mounted
- Ceiling Mount
- Other Types
By Distribution Channel
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Whirlpool Corporation
- Samsung Electronics Co., Ltd. (Samsung Group)
- Panasonic Corporation
- Miele & Cie. KG
- Broan-NuTone, LLC (Nortek Holdings LLC)
- Faber S.p.A. (Franke Holding AG)
- Falmec S.p.A.
- Asko Appliances AB (Hisense Group)
- Robert Bosch GmbH (BSH Home Appliances Corporation)
- Elica S.p.A. (FAN S.A.)
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