Europe Residential Cooker Hoods Market, By Product (Wall Mounted Hoods, Under Cabinet Type Hoods, Ceiling Mounted Hoods, Downdraft, and Others), Suction Power (Less Than 800 M3/H, 800-1200 M3/H, and More Than 1200 M3/H), Distribution Channel (Specialty Stores, Supermarkets/Hypermarkets, E-Commerce, and Others), Country (Germany, U.K., France, Turkey, Russia, Italy, Spain, Switzerland, Netherlands, Belgium, Poland, North Europe and Rest of Europe) Industry Trends and Forecast to 2028
Market Analysis and Insights: Europe Residential Cooker Hoods Market
The Europe residential cooker hoods market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing at a CAGR of 3.9% in the forecast period of 2021 to 2028 and is expected to reach USD 1,487,375.25 thousand by 2028.
A kitchen hood, also known as an exhaust hood or range hood, is a device that hangs over the stove or cooktop in the kitchen and contains a mechanical fan. A stove hood is also known as a cooker hood, vent hood, or ventilation hood. Cooking canopy, extractor fan, fume extractor, and electric chimney are some of the other names for this device.
The demand for the Europe residential cooker hoods market is increasing as there is a high rise in residential buildings in the region. The high energy consumption required can be a restraint to the market. The adoption of minimal architectural designs with efficient ventilation can be an opportunity for residential cooker hoods in the market. But lack of technical human resources can be a challenge in the Europe residential cooker hoods market
This Europe residential cooker hoods market report provides details of market share, new developments, and product pipeline analysis, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario, contact us for an Analyst Brief; our team will help you create a revenue impact solution to achieve your desired goal.
Europe Residential Cooker Hoods Market Scope and Market Size
The Europe residential cooker hoods market is segmented based on product, suction power, distribution channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product, the Europe residential cooker hoods market is segmented into wall-mounted hoods, under-cabinet type hoods, ceiling-mounted hoods, downdraft, and others. In 2021, the demand for wall-mounted hoods has increased because of the high living standard of the residential population.
- On the basis of suction power, the Europe residential cooker hoods market is segmented into less than 800 m3/h, 800-1200 m3/h, and more than 1200 m3/h. In 2021, the 800 m3/h segment is expected to dominate due to low noise and vibration levels, creating less disturbance in the kitchen area.
- On the basis of distribution channel, the Europe residential cooker hoods market is segmented into specialty stores, supermarkets/hypermarkets, e-commerce, and others. In 2021, the specialty stores segment is expected to dominate because customers can get thorough information about the products they want.
Europe Residential Cooker Hoods Market Country Level Analysis
The Europe residential cooker hoods market is analyzed, and market size information is provided by country, product, suction power, distribution channel.
The countries covered in the Europe residential cooker hoods market report are Germany, U.K., Italy, France, North Europe, Spain, Russia, North Europe, Turkey, Poland, Switzerland, Belgium, Netherlands, and the Rest of Europe.
Germany dominates the Europe residential cooker hoods market due to the high demand for cooker hoods in small residential spaces.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts, and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of European brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of sales channels are considered while providing forecast analysis of the country data.
Growth in the Europe Residential Cooker Hoods industry
The Europe residential cooker hoods market also provides you with detailed market analysis for every country's growth in an installed base of different kinds of products for the market, the impact of technology using lifeline curves and changes in infant formula regulatory scenarios, and their impact on the Europe residential cooker hoods market. The data is available for the historical period 2010 to 2019.
Competitive Landscape and Europe Residential Cooker Hoods Market Share Analysis
The Europe residential cooker hoods market competitive landscape provides details by the competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points are only related to the company’s focus on the Europe residential cooker hoods market.
The major players covered in the Europe residential cooker hoods report are ASKO, Robert Bosch GmbH, ELICA, Faber S.P.A., Falmec SPA, FOTILE, Miele, Panasonic Corporation, Whirlpool Corporation, Samsung, Luxair Cooker Hoods Limited, CNA Group, Teka Group, Midea, VATTI, Novy, Franke Management AG, Arçelik, among other players domestic and regional. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
For instances,
- In June 2021, Falmec announced its participation in the Pianca & Partners project. It is an idea of collaboration between companies of excellence in furniture and design, made in Italy to promote quality, tradition, research, and ingenuity through a shared project that distinguishes them globally. With this development company could enhance its brand name in the market
- In March 2021, Miele launched a new induction hob that combines intuitive touch control with power and flexibility. With this development, the company can enhance its product portfolio in the kitchen appliances segment
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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