The article cited AMA's "Global Cooking Hood Market Study" explored CAGR of %. According to the report, Increase in Popularity of Cooking Hood with Smart Features
is one of the primary growth factors for the market. Increasing Number of Hotels and restaurants
is also expected to contribute significantly to the Cooking Hood market. Overall, Residential
applications of Cooking Hood, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Distribution Channel, such as Online Store, is boosting the Cooking Hood market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Suction Power, such as Less than 800 m3/h, is boosting the Cooking Hood market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Decibel, such as Less than 40 Decibels, is boosting the Cooking Hood market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Cooking Hood market identified that the demand is rising in many different parts of the world as "Increasing Penetration of Modern Kitchens
". Furthermore, some recent industry insights like "In Mar 2019, Electrolux announces the launch of a brand new kitchen range to be rolled out across Europe. Combining technology with human-centric Scandinavian design, it takes the cooking experience to a whole new level for the consumer." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Cooking Hood market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Cooking Hood market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Cooking Hood market size is calculated using market estimation process, the Cooking Hood market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Cooking Hood market size has been validated using both top-down and bottom-up approaches.