Global Range Hood Market Outlook | COVID-19 IMPACT, Industry, Trends, Companies, Forecast, Growth, Value, Share, Analysis, Size & Revenue

Global Range Hood Market is expected to gain growth prospects in the coming years. The Range Hood market is booming across the globe due to the growth in Quick service Restaurant projects and awareness about proper ventilation facilities. The rapid increase in the adoption of advanced technology in the regions and resultant demand for connected and smart devices are the key factors responsible for the increase in growth. Besides this, expanding nuclear families, continuous increase in energy-efficient smart appliances is also responsible for fuelling the growth. The introduction of AI kitchen appliances with advanced remote-control capabilities and voice assistant technology is whipping up the demand for range hood products.  However, as these systems are required to be cleaned professionally, the high initial and maintenance cost of range hood systems are restraining their use for household and commercial purposes. Further, the availability of low-cost alternatives is expected to slow down the market growth in upcoming years. The COVID 19 pandemic with stay-at-home advisories has suspended the range hood production. Restriction on International trade caused a severe shortage of raw materials which are used to manufacture range hood systems. Consumers have started to rely on normal kitchen appliances with a large frequency. The Companies are facing issues due to the restricted supply chain during the COVID-19 outbreak.  

According to 6Wresearch, the Global Range Hood Market is likely to witness growth during 2021-2027. Regionally, Europe is ruling over the market as it has witnessed the highest demand with consistent potential. The presence of a huge tourism industry and a greater number of restaurants and hotels are the major reason for its dominance. Furthermore, having quick adoption capabilities, North America is projected to expand because manufacturers there are working on product developing strategies as consumers prefer advanced features that consume minimum energy Additionally, with the rapid urbanization and rising spending capacity of the buyers, the Asia Pacific region is estimated to be the fastest-growing regional market. Also, rising disposable income in developing economies, increasing adoption of smart kitchen appliances, China, India, Mexico, Brazil, and the UAE are expected to lead the market in near future.  

Some of the key market players include BSH Group, Electrolux, Whirlpool, VATTI, FABER, FOTILE, Nortek, DE & E, Panasonic, Haier, FAGOR, Macro, SAKURA, ROBAM, etc. Ongoing research in IoT technology has made the market introduce new models of range hoods with advanced remote control and AI-enabled voice assistant technology. These new advancements are emerging as the latest trends. The rising trend of kitchen remodeling in the country is expected to upsurge the demand for trendy ceiling-mounted range hoods. Regulatory bodies in North America and Europe have also implemented new energy efficiency programs. SEGMENTATION

Based on Product type, the market is segmented into Under Cabinet, Wall Mounted, Ceiling Mount, and Other Types. Under cabinet, a segment dominated the market by obtaining the largest revenue share due to the easy installation and compatibility with various kitchen modules. In addition, the duct helps in transporting the smoke out from the kitchen. The market is segmented offline and online based on the distribution channel. Due to the rising popularity of e-commerce and usage of smart devices, the online distribution channel is expected to exhibit the highest growth rate. Moreover, online payment systems and discounts will drive the segment further. The advantage of checking the product before buying leads the offline distribution to be accounted for the highest market share.

The Global Range Hood market report thoroughly covers the market by product type, distribution channels, and countries including Europe, North America, Latin America, Europe, Middle East, Africa and Asia Pacific. Global Range Hood market outlook report provides an unbiased and detailed analysis of the ongoing global Range Hood market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Key Highlights of the Report:

• Global Range Hood Market Outlook
• Market Size of Global Range Hood Market, 2020
• Forecast of Global Range Hood Market, 2027
• Historical Data and Forecast of Global Range Hood Revenues & Volume for the Period 2017 - 2027
• Global Range Hood Market Trend Evolution
• Global Range Hood Market Drivers and Challenges
• Global Range Hood Price Trends
• Global Range Hood Porter's Five Forces
• Global Range Hood Industry Life Cycle
• Historical Data and Forecast of Global Range Hood Market Revenues & Volume By Product Type for the Period 2017 - 2027
• Historical Data and Forecast of Global Range Hood Market Revenues & Volume By Under Cabinet for the Period 2017 - 2027
• Historical Data and Forecast of Global Range Hood Market Revenues & Volume By Wall Mounted for the Period 2017 - 2027
• Historical Data and Forecast of Global Range Hood Market Revenues & Volume By Ceiling Mount for the Period 2017 - 2027
• Historical Data and Forecast of Global Range Hood Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Range Hood Market Revenues & Volume By Product Type for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Range Hood Market Revenues & Volume By Under Cabinet for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Range Hood Market Revenues & Volume By Wall Mounted for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Range Hood Market Revenues & Volume By Ceiling Mount for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Range Hood Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Africa Range Hood Market Revenues & Volume By Product Type for the Period 2017 - 2027
• Historical Data and Forecast of Africa Range Hood Market Revenues & Volume By Under Cabinet for the Period 2017 - 2027
• Historical Data and Forecast of Africa Range Hood Market Revenues & Volume By Wall Mounted for the Period 2017 - 2027
• Historical Data and Forecast of Africa Range Hood Market Revenues & Volume By Ceiling Mount for the Period 2017 - 2027
• Historical Data and Forecast of Africa Range Hood Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Range Hood Market Revenues & Volume By Product Type for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Range Hood Market Revenues & Volume By Under Cabinet for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Range Hood Market Revenues & Volume By Wall Mounted for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Range Hood Market Revenues & Volume By Ceiling Mount for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Range Hood Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of North America Range Hood Market Revenues & Volume By Product Type for the Period 2017 - 2027
• Historical Data and Forecast of North America Range Hood Market Revenues & Volume By Under Cabinet for the Period 2017 - 2027
• Historical Data and Forecast of North America Range Hood Market Revenues & Volume By Wall Mounted for the Period 2017 - 2027
• Historical Data and Forecast of North America Range Hood Market Revenues & Volume By Ceiling Mount for the Period 2017 - 2027
• Historical Data and Forecast of North America Range Hood Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Europe Range Hood Market Revenues & Volume By Product Type for the Period 2017 - 2027
• Historical Data and Forecast of Europe Range Hood Market Revenues & Volume By Under Cabinet for the Period 2017 - 2027
• Historical Data and Forecast of Europe Range Hood Market Revenues & Volume By Wall Mounted for the Period 2017 - 2027
• Historical Data and Forecast of Europe Range Hood Market Revenues & Volume By Ceiling Mount for the Period 2017 - 2027
• Historical Data and Forecast of Europe Range Hood Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Range Hood Market Revenues & Volume By Product Type for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Range Hood Market Revenues & Volume By Under Cabinet for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Range Hood Market Revenues & Volume By Wall Mounted for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Range Hood Market Revenues & Volume By Ceiling Mount for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Range Hood Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Global Range Hood Market Revenues & Volume By Product Type for the Period 2017 - 2027
• Historical Data and Forecast of Global Range Hood Market Revenues & Volume By Under Cabinet for the Period 2017 - 2027
• Historical Data and Forecast of Global Range Hood Market Revenues & Volume By Wall Mounted for the Period 2017 - 2027
• Historical Data and Forecast of Global Range Hood Market Revenues & Volume By Ceiling Mount for the Period 2017 - 2027
• Historical Data and Forecast of Global Range Hood Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Global Range Hood Market Revenues & Volume By Distribution Channel for the Period 2017 - 2027
• Historical Data and Forecast of Global Range Hood Market Revenues & Volume By Offline for the Period 2017 - 2027
• Historical Data and Forecast of Global Range Hood Market Revenues & Volume By Online for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Range Hood Market Revenues & Volume By Distribution Channel for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Range Hood Market Revenues & Volume By Offline for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Range Hood Market Revenues & Volume By Online for the Period 2017 - 2027
• Historical Data and Forecast of Africa Range Hood Market Revenues & Volume By Distribution Channel for the Period 2017 - 2027
• Historical Data and Forecast of Africa Range Hood Market Revenues & Volume By Offline for the Period 2017 - 2027
• Historical Data and Forecast of Africa Range Hood Market Revenues & Volume By Online for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Range Hood Market Revenues & Volume By Distribution Channel for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Range Hood Market Revenues & Volume By Offline for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Range Hood Market Revenues & Volume By Online for the Period 2017 - 2027
• Historical Data and Forecast of North America Range Hood Market Revenues & Volume By Distribution Channel for the Period 2017 - 2027
• Historical Data and Forecast of North America Range Hood Market Revenues & Volume By Offline for the Period 2017 - 2027
• Historical Data and Forecast of North America Range Hood Market Revenues & Volume By Online for the Period 2017 - 2027
• Historical Data and Forecast of Europe Range Hood Market Revenues & Volume By Distribution Channel for the Period 2017 - 2027
• Historical Data and Forecast of Europe Range Hood Market Revenues & Volume By Offline for the Period 2017 - 2027
• Historical Data and Forecast of Europe Range Hood Market Revenues & Volume By Online for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Range Hood Market Revenues & Volume By Distribution Channel for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Range Hood Market Revenues & Volume By Offline for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Range Hood Market Revenues & Volume By Online for the Period 2017 - 2027
• Historical Data and Forecast of Global Range Hood Market Revenues & Volume By Distribution Channel for the Period 2017 - 2027
• Historical Data and Forecast of Global Range Hood Market Revenues & Volume By Offline for the Period 2017 - 2027
• Historical Data and Forecast of Global Range Hood Market Revenues & Volume By Online for the Period 2017 - 2027
• Global Range Hood Market - Key Performance Indicators
• Global Range Hood Market - Import Export Trade Statistics
• Global Range Hood Market - Opportunity Assessment By Countries
• Global Range Hood Market - Opportunity Assessment By Product Type
• Global Range Hood Market - Opportunity Assessment By Distribution Channel
• Global Range Hood Market - Top Companies Market Share
• Global Range Hood Market - Top Companies Profiles
• Global Range Hood Market - Comparison of Players in Technical and Operating Parameters
• Global Range Hood Market - Strategic Recommendations

Markets Covered

The market report covers the following segments:

• By Product Type:
  • Under Cabinet
  • Wall Mounted
  • Ceiling Mount
  • Others

• By Application:
  • Offline
  • Online

• By Regions:
  • North America
  • Latin America
  • Europe
  • Africa
  • Asia Pacific
  • Middle East

Frequently Asked Questions About the Market Study (FAQs):