1. BSH Home Appliances Manufacturing Private Limited
2. Panasonic Corporation
3. Samsung Electronics Co., Limited
4. Asko Appliances
5. Broan Inc.
Higher penetration of modular kitchens with the rise in home remodeling is boosting the growth. With the expansion of real estate as well as commercial construction, the market is bound to witness a higher demand for range hoods in these segments. People in North America have always preferred kitchen hood as it saves time, and some of the main advantage are employing a kitchen hood is that it absorbs heat or steam released by cooking tools, keeping it from splashing in your face. Cooking is now both safe and comfortable thanks to this. Installing of kitchen hood makes the house and commercial places to have improved air quality and this is the most important. Polluted air is sucked and motorized fan is carried out and filtered. People in North America are busy with their work in offices and go for work, so kitchen hood has advantaged since it helps them to make food fast and with advanced features it gives them benefits to do their work faster. People also prefer to install because, it gives stylish looks and adding of features have helped them a lot. Kitchen hood has become one of the main investments, and many people are investing as to be real estate business. According to the Actual Market Research, “North America Kitchen Hood market Research Report, 2027” it is expected to grow at CAGR value of 3.57% by the forecast period and In 2021 the market size was valued to be worth of USD 2.82 Billion. The increasing infrastructural developments, as well as new building permits in the region, are expected to boost the market growth. Technological advancements in kitchen appliances, along with the rising usage of IoT in kitchen hood devices, are expected to be the key factors boosting the growthIt are projected that the ceiling mount product line would experience considerable market expansion. It is installed on a ductwork in the ceiling and is vented via it. Larger open kitchens are the perfect fit for these systems. They are put above a cooking ceiling kitchen arrangement, keeping the kitchen cooler & fresher, and have a better extraction capacity as compared to other types of range hoods. Kitchen hood industry is seeing new developments as a result of continuous research into and advancements in loT and artificial intelligence. Kitchen hood is further classified into various types of products and so they are under cabinet, wall mounted, and ceiling Mount and others. Kitchen cabinets are frequently built behind under-cabinet range hoods. This kind of range hood's main function is to ventilate your kitchen by removing heat, steam, smoke, and bad odors from regular cooking or food preparation. These kitchen vent hood models are safely installed against a wall. To catch the most cooking gases and extend the life of your range hood, it is ideal to install your wall range hood between 28?? and 36?? above the stove cooking surface. A cooker hood that is fitted flush with your ceiling is called a ceiling hood. It should come as no surprise that it featured a ceiling, but this style of design may keep your kitchen's feeling of space while also making for an unusual piece of kitchen design. Some of the benefits of kitchen hood are, it increases the engine power, the tech can introduce compress air, it also intercooler exposure. The under cabinet product segment held the largest revenue share of more than 35% in 2021. Manufacturers are focusing on developing innovative devices owing to consumer preference for smart features, such as noise reduction, wireless connectivity, and installation of temperature, optic, and infrared sensors, in the products. For instance, manufacturers of range hoods use multiple insulation layers, sound-absorbing base, and filtration system motors to reduce noise. This factor is also likely to contribute to market growth. Increased spending on home improvement projects or home remodeling is also boosting product demand. Additionally, Canada is the fastest-growing region due to steady growth in the number of foodservice joints and residential construction projects. Quick adoption of advanced technologies and resultant demand for connected and smart devices are the key market drivers in the countries like Canada. New trends in range hoods have created immense opportunities in the market concerning installation and design. The trend of open shelves in a kitchen, as opposed to upper cabinets, is playing a major role in drawing attention toward the installation of such range hoods. This high share is attributed to the fact that the under-cabinet range hood mounts directly beneath an over-the-range cabinet and blends into the design flow of the cabinets above and around the range or cook-top. Careful measurement of available dimensions in the under-cabinet area is important when choosing an under-cabinet range vent. Furthermore, people are becoming more familiar with ceiling mount goods. It is anticipated that the rising popularity of kitchen renovation would increase demand for stylish ceiling-mounted range hoods. Because there are more goods in this category available, the rising popularity of kitchen remodeling is anticipated to benefit range hood products. It is projected that the ceiling mount product line would experience considerable market expansion. It is installed on a ductwork in the ceiling and is vented via it. Larger open kitchens are the perfect fit for these systems. They are put above a cooking ceiling kitchen arrangement, keeping the kitchen cooler & fresher, and have a better extraction capacity as compared to other types of range hoods. Demand for products is also being boosted by more expenditure on renovation or home improvement initiatives. In the five years leading up to 2019, rising property values caused homeowners' equity to double, signaling an increase in their ability to spend money on home improvements. Some of the trends in North America and the major market players are utilizing these industry trends to introduce the newest versions of range hoods with cutting-edge remote control and monitoring features. Customers may use the technology to connect their range hoods to other intelligent kitchen equipment, which further improve operability and simplicity of use. Range hood installation has been compelled by strict rules surrounding sanitation and hygiene in restaurants and food chains, which is also fostering industry expansion. Additionally, these gadgets provide other benefits including heat reduction, air quality maintenance, and improved safety. The hotel business has expanded as a consequence of changes in the hospitality industry, which has increased the number of hotels being built nationwide. Due to customer demand for opulent stays in resorts or top-rated hotels, a growing travel and tourism business also presents development potential for other categories. As a result, these trends are expected to cause hotel chains and dining establishments to place more of an emphasis on high-quality cookware, which will increase demand for range hoods in commercial kitchens. COVID-19 Impact The COVID-19 epidemic had a little influence on the kitchen hood industry. Range hood manufacture was adversely affected by the temporary shutdown of manufacturing facilities and a lack of raw materials. However, the industry is expanding favorably as a result of lockout relaxations and an increase in consumer expenditure on home improvements. Reduced consumer spending on these types of appliances during the pandemic as a result of issues like uncertain employment and lower purchasing power was one of the main causes for the loss of sales. Along with closing their retail outlets, large enterprises in the kitchen equipment sector were either reducing or ceasing entirely their production capacity. Major Companies: Asko Appliances, Broan-nuTone, BSH Home Appliance, Elica S.P.A, Faber S.P.A, Falmec S.P.A, Samsung Electronics Co. Ltd, CaptiveAire System Inc., Miele Inc, Panasonic Corporation, Whirlpool Corporation, Fotile Overseas Kitchen Appliances, Vent-A-Hood, Viking Range, LLC and LG Electronics. Considered in this Report: • Geography: North America • Historic year: 2016 • Base Year: 2021 • Estimated year: 2022 • Forecast period: 2027 Aspects covered in this report • North America Kitchen Hood market with its value and forecast along with its segments • Country-wise kitchen hood market analysis • Various drivers and challenges • On-going trends and developments • Five force models • Top profiled companies • Strategic recommendation Countries covered in the report • USA • Canada • Mexico Segments covered in the report By Product • Under Cabinet • Wall cabinet • Ceiling mount • Others By Sales Channel • Online • Offline By Application • Residential • Commercial The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering, the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started, verifying the details obtained from secondary sources. Intended audience This report can be useful to Industry consultants, manufacturers, suppliers, associations & organizations related to pet care products industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.