Below are some of the key findings from the downdraft range hoods market research report
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Global downdraft range hoods industry overview
The rising popularity of downdraft range hoods will be one of the major factors driving the downdraft range hoods market growth. Downdraft range hoods offer benefits like keeping the ambient air clean and removing excess heat from the kitchen, which has led to their growing adoption. Removal of heat from stoves and heaters is done by the built-in blower that is found in all cooker hoods. Most cooker hoods being equipped with lighting features is another factor that is driving market growth.
The increasing popularity of modular kitchens is one of the key trends that will further drive the downdraft range hoods market growth. Availability of customization options has resulted in numerous consumers opting for modular kitchens as per their design requirements. Modular kitchens are designed to make kitchen appliances such as tools, and utensils, including residential cooker hoods accessible to the user. Creative ideas are implemented into modular kitchens, which is another driving factor for consumers to purchase modular kitchens. With the increasing popularity of modular kitchens, the demand for downdraft range hoods is expected to see a surge in the future. The downdraft range hoods market forecast report predicts the market to grow at a CAGR of almost 8% during the forecast period.
Top downdraft range hoods companies covered in this market research report
The downdraft range hoods market is moderately fragmented. The market is in its early growth stage and thus offers many opportunities to market players. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this downdraft range hoods industry analysis report is designed to aid clients to identify new growth opportunities and build new growth strategies.
The report offers a complete analysis of various companies including:
- Haier
- Robert Bosch
- Whirlpool
- Electrolux
- Broan
Downdraft range hoods market segmentation based on geographic regions
EMEA will lead the downdraft range hoods market share with strong market growth. However, APAC will account for the highest downdraft range hoods market growth throughout the forecast period. The EMEA region is home to many consumers, producers, and exporters of downdraft range hoods.
Downdraft range hoods market segmentation based on blower type
- External blower
- Internal blower
The external blower segment will lead the downdraft range hoods market share during the forecast period. External blower segment will also account for the highest downdraft range hoods market growth. Additionally, the report will provide an accurate prediction of the contribution of the various blower types to the growth of the downdraft range hoods market size.
Key highlights of the global downdraft range hoods market for the forecast years 2018-2022:
- CAGR of the market during the forecast period 2018-2022
- Detailed information on factors that will accelerate the growth of the downdraft range hoods market during the next five years
- Precise estimation of the global downdraft range hoods market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the downdraft range hoods industry across the Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details on the factors that will challenge the growth of the downdraft range hoods companies
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