As cited by the research report titled ‘Range Hood Market Size By Product (Under Cabinet, Wall Mount, Ceiling Mount), By Application (Residential, Commercial [Hotels, Restaurants, Cafes]), By Distribution Channel (Direct Selling, E-commerce), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026’, available with Market Study Report, global range hood market is projected to expand significantly over 2020-2026.
 

Large number of food service joints & restaurants worldwide, surge in smart commercial kitchens, and increasing investments towards the construction of modular kitchens are major factors driving the global range hood market growth.
 

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For the record, a range hood is an important kitchen appliance comprised of a canopy or some other type of capture area and a fan or blower motor for expelling smoke/exhaust formed while cooking. By capturing and eliminating the polluted air, the equipment maintains the air quality in the kitchen and removes other unwanted elements from the kitchen. This makes cleaning much easier across both residential and commercial sectors.
 

Range hoods can be ducted or ductless. The ductless range hood operates by recirculating the hot gases. Whereas, ducted range hood operates by absorbing hot gases from cooking and then directing them outside the building, further letting in fresh air.
 

Based on product type, worldwide range hood industry is segmented into under cabinet, ceiling mount, and wall mount. Among these, ceiling mount segment is expected to showcase significant growth over the estimated timeline, on account of rising investments in the construction of modular kitchens.
 

Considering application ambit, the marketplace is divided into residential, and commercial. The commercial segment, comprising of cafes, restaurants, and hotels, is likely to witness lucrative growth during the analysis period, due to rising number of food service joints & restaurants worldwide. As restaurants and other food service joints cook large amount of food for longer periods, it is essential to have a range hood installed in the kitchen.
 

Speaking of the distribution channel, the business space is categorized into direct selling, and e-commerce. Among these, e-commerce segment is anticipated to expand at 5% CAGR over the forecast timeframe, owing to availability of large discounts and product variety on various e-commerce websites.
 

Considering the regional framework, Middle East & Africa range hood market is poised to witness significant growth over 2020-2026, owing to growing number of smart commercial kitchens, which is creating a huge demand for advanced range hood systems in the region.
 

Prominent players influencing the industry dynamics are Pacific Hoods Inc., Miele Inc., KOBE Range Hoods, Fotile Overseas Kitchen Appliance Co. Ltd., Falmec S.p.A., Faber S.p.A., Elica S.p.A., CaptiveAire Systems Inc., BSH Hausgeräte GmbH, Broan-Nutone LLC, Asko Appliances AB, Zephyr Ventilation LLC, Windster Hoods, Whirlpool Corporation, Viking Range Corporation, Vent-A-Hood Ltd., Samsung Electronics Co. Ltd., and Panasonic Corporation.