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Home>Kitchen Ranges Market in Europe - High Demand for Smart Homes to Boost Growth | Technavio

Kitchen Ranges Market in Europe - High Demand for Smart Homes to Boost Growth | Technavio

Kitchen Ranges Market in Europe - High Demand for Smart Homes to Boost Growth | Technavio

09/28/2017

Kitchen Ranges Market in Europe - High Demand for Smart Homes to Boost Growth | Technavio

Technavio’s latest market research report on the kitchen ranges market in Europe provides an analysis of the most important trends expected to impact the market outlook from 2017-2021. Technavio defines an emerging trend as a factor that has the potential to significantly impact the market and contribute to its growth or decline.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170927006253/en/

Technavio has published a new report on the kitchen ranges market in Europe from 2017-2021. (Graphic ...

Technavio has published a new report on the kitchen ranges market in Europe from 2017-2021. (Graphic: Business Wire)

The kitchen ranges market in Europe is segmented into product types, comprising of freestanding range and slide-in range. In 2016, the freestanding segment dominated the market in terms of revenue primarily owing to the availability of many varieties, technological innovations, and lower prices compared with the highly priced slide-in ranges.

According to Narendra Nandaigari, a lead analyst at Technavio for retail goods and services research, “Consumers are now taking cognizance of the fact that the power consumed by household appliances accounts for around 35% of the total power consumption of a household. This is prompting most consumers to buy energy-efficient appliances. Additionally, an increase in the prices of fuels used for conventional cooking, such as gas and electricity, encourages the adoption of energy-efficient cooking solutions in kitchen ranges.”

This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing

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