The cooking hood market is poised for significant growth, driven by the increasing installation of kitchen range hoods and the rise of cloud-based kitchens and service restaurants. The market is projected to expand at a compound annual growth rate (CAGR) of 4.8% from 2022 to 2031, reaching an estimated US$ 18.7 billion by the end of 2031.
The global demand for kitchen range cooking hoods is on the rise, spurred by the need to improve kitchen aesthetics and comfort. Commercial kitchens are increasingly adopting cooking hoods with higher suction power due to their efficiency in managing large-scale cooking operations.
The market is segmented based on product type, application, and region. North America is expected to dominate the global cooking hood market during the forecast period, driven by the rapid adoption of advanced technologies in the region.
The market faces challenges such as stringent hydraulic efficiency regulations and operation-related fuel combustion emission controls. However, manufacturers are addressing these challenges by investing in research and development to create cost-effective and technologically advanced solutions.
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