The global smart kitchen hood market is anticipated to witness a growth of steady CAGR in the forecast period, 2023-2027. The rise in per capita income of consumers, ongoing technological advancements, and growing demand for convenience kitchen appliances are the key factors driving the demand for the global smart kitchen hood market in the forecast period.
Kitchen Hoods are installed in the kitchen for better ventilation removal of indoor and odor impurities and help to keep the kitchen clean and smoke-free. Smart kitchen hoods enhance the aesthetics of cooking space and provide better performance than traditional kitchen hoods by using modern-day technology. Generally, there are three types of sensors present in the kitchen hoodinfra, optic, and temperature sensor. Infra sensor detects the heat and effluent in kitchen hood, and optic hood used to measure air transparency, and temperature sensor is used to witness changes in heat while cooking the food.
Benefits of Adoption of Smart Kitchen Hood Drives the Market Growth
The smart kitchen hood market is really taking off, and it's easy to see why! All the cool new tech and big investments into research are leading to some seriously innovative solutions. Companies are trying to outdo each other with equipment that makes cooking as comfy as possible. Think about itnew shapes, sizes, and features like self-cleaning and UV protection are designed to draw in more customers and boost sales. Plus, places like China, with a massive 911.92 million smartphone users (in 2020!), along with India and the US, have huge internet access and love smart devices. That means demand for smart apps, like those that control your kitchen hood, is skyrocketing. These smart hoods use noise reduction, wireless connectivity, and all sorts of sensors to make cooking a whole new experience. With more and more people using IoT devices, we're seeing a big push for smart kitchen hoods with features that make cooking feel almost unreal.
Changing consumers' lifestyles and hectic schedules leaves less time for consumers to clean the kitchen thoroughly. The growing focus on cleanliness and the ability of smart kitchen hoods to keep the kitchen space free of smoke and smell is influencing the market demand. An increase in awareness and the surge in the ability to spend on quality products of consumers in developing countries are expected to create lucrative opportunities for the global smart kitchen hood market in the forecast period.
Emerging E-Commerce Sector Supports Market Growth
Back in 2020, the global kitchen hood market was sitting pretty at about USD 15 billion. To stay competitive, companies are really focusing on streamlining how they get their products to you – basically, making the whole distribution and supply chain work smoother. It looks like more and more companies are jumping online too! By using online sales channels and developing others, they hope to grow their customer base and really drive demand for those <strong>smart kitchen hoodsstrong>. Plus, companies are tempting us with discounts and offers, and they're providing awesome customer support to answer all our questions. They're also rolling out some pretty slick marketing campaigns, spreading the word online about why everyone needs a smart kitchen hood. The United States is predicted to be a hot spot for these hoods, with Americans quick to embrace new tech and increasingly leaning towards those premium brands.
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Market Segmentation
The global smart kitchen hood market is segmented by type, price range, distribution channel, regional distribution, and competition landscape
Market Players
Robert Bosch Hausgeräte GmbH, Samsung Electronics Co., Ltd, General Electric Company, Dacor, Inc., SEG Hausgeräte GmbH, The Miele Group, Zephyr Ventilation, Somany Home Innovation Limited (Hindware Appliances), are the major market players operating in the global smart kitchen hood market.
Attribute | Details |
Base Year | 2021 |
Historic Data | 2017 – 2020 |
Estimated Year | 2022 |
Forecast Period | 2023 – 2027 |
Quantitative Units | Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027 |
Report coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments covered | · Type · Price Range · End Use · Distribution Channel |
Regional scope | North America; Europe; Asia Pacific; South America; Middle East & Africa |
Country scope | United States; Canada; Mexico; France; Germany; United Kingdom; Italy; Spain; China; India; Japan; South Korea; Australia; Brazil; Argentina; Colombia; UAE; Saudi Arabia; South Africa; |
Key companies profiled | Robert Bosch Hausgeräte GmbH, Samsung Electronics Co., Ltd, General Electric Company, Dacor, Inc., SEG Hausgeräte GmbH, The Miele Group, Zephyr Ventilation, Somany Home Innovation Limited (Hindware Appliances) |
Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options | Avail customized purchase options to meet your exact research needs. |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |