Market Overview:
The global electrical chimney market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electrical chimneys in supermarkets, hypermarkets, specialty stores, and departmental stores across the globe. Additionally, the growing awareness about energy efficiency and rising concerns about indoor air quality are also propelling the growth of this market. Based on type, the global electrical chimney market can be segmented into less than 300 CFM, 300CFM-600 CFM, 601 CFM-900 CFM 901 CFM-1 200CF M and more than 1 200CF M segments. The 601 CF M - 900 CM F segment is projected to register highest CAGR during forecast period owing to increase in demand from commercial establishments such as supermarkets and hypermarkets.
Product Definition:
An electrical chimney is a device used to provide an escape route for hot gases and smoke from a fire or furnace. The importance of an electrical chimney is that it allows the safe passage of gases and smoke away from the fire or furnace, preventing them from entering the home.
Less than 300 CFM:
300 CFM is the minimum average flow rate required in most of the applications. It has been observed that less than 300 CFM units are mostly preferred by industries which have moderate air requirement such as paper & pulp, food & beverages and chemical plants among others.
300 - 500 CFM range is usually preferred for industrial processes where high flow rates are required but not in excess to cause a hazard or risk to personnel.
300CFM-600 CFM:
300 CFM-600 CFM is the Chimney capacity of Electrical Fireplaces. It is used to measure the volume of air moved by a chimney in one minute. 300CFM-600 CFM means that the fire burns at 600 degrees Fahrenheit and produces smoke with a velocity of 12 miles per hour. The ideal gas law states that if we know the temperature, pressure, and density of an Ideal Gas (IG), then its flow rate can be easily determined using simple rules.
Application Insights:
The supermarkets segment dominated the global electrical chimney market, accounting for a share of over 30.0% in 2017. The application is projected to witness significant growth over the forecast period owing to increasing penetration of electric cooking equipment in supermarkets and hypermarkets across the globe. Over the past few years, consumers have started preferring shopping at stores offering modern facilities and efficient service; this trend is expected to continue through 2018-2030 as more than 300 electrical chimneys are installed every year at supermarket chains such as Carrefour and Walmart.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing industrialization and rapid urbanization in the region. The growth can be attributed to increasing foreign investments in countries such as China, India, Japan, Malaysia and Indonesia. For instance, In July 2017; Walmart Inc acquired a majority stake of 16% in Indian e-commerce company Flipkart for USD WSJ Billion (USD billion). Similarly; In September 2017; Amazon Inc invested USD Miliiton (USD billion) for acquiring Whole Foods Market LLC which has about 400 stores across America.
Growth Factors:
- Increasing demand from the construction sector for electrical chimneys as they are considered to be an important part of a building's ventilation system.
- Growing popularity of electric heating systems, which has led to an increase in demand for electrical chimneys.
- Rising awareness about the benefits of using electrical chimneys, which is helping to drive market growth.
- The increasing number of dual-fuel homes in Europe, where both gas and electricity are used for heating, is also contributing to market growth.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electrical Chimney Market Research Report
By Type
Less than 300 CFM, 300CFM-600 CFM, 601 CFM-900 CFM, 901 CFM-1,200 CFM, More than 1,200 CFM
By Application
Supermarkets, Hypermarkets, Specialty Stores, Departmental Stores
By Companies
Elica (Italy), Broan (U.S.), Acrysil (India), Fagor Electrodomesticos (Spain), AKDY Appliances (the U.S.), Hindware Homes (India), FABER (Italy), IFB Industries (India), Bosch (Germany), KAFF Appliances (India), Elica (Italy)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Electrical Chimney Market Report Segments:
The global Electrical Chimney market is segmented on the basis of:
Types
Less than 300 CFM, 300CFM-600 CFM, 601 CFM-900 CFM, 901 CFM-1,200 CFM, More than 1,200 CFM
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Supermarkets, Hypermarkets, Specialty Stores, Departmental Stores
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Elica (Italy)
- Broan (U.S.)
- Acrysil (India)
- Fagor Electrodomesticos (Spain)
- AKDY Appliances (the U.S.)
- Hindware Homes (India)
- FABER (Italy)
- IFB Industries (India)
- Bosch (Germany)
- KAFF Appliances (India)
- Elica (Italy)
Highlights of The Electrical Chimney Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Less than 300 CFM
- 300CFM-600 CFM
- 601 CFM-900 CFM
- 901 CFM-1,200 CFM
- More than 1,200 CFM
- By Application:
- Supermarkets
- Hypermarkets
- Specialty Stores
- Departmental Stores
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electrical Chimney Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An electrical chimney is a device used to carry smoke and fumes from an engine or furnace up into the atmosphere.
Some of the major companies in the electrical chimney market are Elica (Italy), Broan (U.S.), Acrysil (India), Fagor Electrodomesticos (Spain), AKDY Appliances (the U.S.), Hindware Homes (India), FABER (Italy), IFB Industries (India), Bosch (Germany), KAFF Appliances (India), Elica (Italy).
The electrical chimney market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electrical Chimney Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Electrical Chimney Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electrical Chimney Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Electrical Chimney Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Electrical Chimney Market Size & Forecast, 2018-2028
4.5.1 Electrical Chimney Market Size and Y-o-Y Growth
4.5.2 Electrical Chimney Market Absolute $ Opportunity
Chapter 5 Global Electrical Chimney Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Electrical Chimney Market Size Forecast by Type
5.2.1 Less than 300 CFM
5.2.2 300CFM-600 CFM
5.2.3 601 CFM-900 CFM
5.2.4 901 CFM-1
5.2.5 200 CFM
5.2.6 More than 1
5.2.7 200 CFM
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electrical Chimney Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Electrical Chimney Market Size Forecast by Applications
6.2.1 Supermarkets
6.2.2 Hypermarkets
6.2.3 Specialty Stores
6.2.4 Departmental Stores
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electrical Chimney Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electrical Chimney Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Electrical Chimney Analysis and Forecast
9.1 Introduction
9.2 North America Electrical Chimney Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Electrical Chimney Market Size Forecast by Type
9.6.1 Less than 300 CFM
9.6.2 300CFM-600 CFM
9.6.3 601 CFM-900 CFM
9.6.4 901 CFM-1
9.6.5 200 CFM
9.6.6 More than 1
9.6.7 200 CFM
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Electrical Chimney Market Size Forecast by Applications
9.10.1 Supermarkets
9.10.2 Hypermarkets
9.10.3 Specialty Stores
9.10.4 Departmental Stores
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Electrical Chimney Analysis and Forecast
10.1 Introduction
10.2 Europe Electrical Chimney Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Electrical Chimney Market Size Forecast by Type
10.6.1 Less than 300 CFM
10.6.2 300CFM-600 CFM
10.6.3 601 CFM-900 CFM
10.6.4 901 CFM-1
10.6.5 200 CFM
10.6.6 More than 1
10.6.7 200 CFM
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Electrical Chimney Market Size Forecast by Applications
10.10.1 Supermarkets
10.10.2 Hypermarkets
10.10.3 Specialty Stores
10.10.4 Departmental Stores
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Electrical Chimney Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electrical Chimney Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Electrical Chimney Market Size Forecast by Type
11.6.1 Less than 300 CFM
11.6.2 300CFM-600 CFM
11.6.3 601 CFM-900 CFM
11.6.4 901 CFM-1
11.6.5 200 CFM
11.6.6 More than 1
11.6.7 200 CFM
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Electrical Chimney Market Size Forecast by Applications
11.10.1 Supermarkets
11.10.2 Hypermarkets
11.10.3 Specialty Stores
11.10.4 Departmental Stores
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Electrical Chimney Analysis and Forecast
12.1 Introduction
12.2 Latin America Electrical Chimney Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Electrical Chimney Market Size Forecast by Type
12.6.1 Less than 300 CFM
12.6.2 300CFM-600 CFM
12.6.3 601 CFM-900 CFM
12.6.4 901 CFM-1
12.6.5 200 CFM
12.6.6 More than 1
12.6.7 200 CFM
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Electrical Chimney Market Size Forecast by Applications
12.10.1 Supermarkets
12.10.2 Hypermarkets
12.10.3 Specialty Stores
12.10.4 Departmental Stores
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Electrical Chimney Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electrical Chimney Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Electrical Chimney Market Size Forecast by Type
13.6.1 Less than 300 CFM
13.6.2 300CFM-600 CFM
13.6.3 601 CFM-900 CFM
13.6.4 901 CFM-1
13.6.5 200 CFM
13.6.6 More than 1
13.6.7 200 CFM
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Electrical Chimney Market Size Forecast by Applications
13.10.1 Supermarkets
13.10.2 Hypermarkets
13.10.3 Specialty Stores
13.10.4 Departmental Stores
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electrical Chimney Market: Competitive Dashboard
14.2 Global Electrical Chimney Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Elica (Italy)
14.3.2 Broan (U.S.)
14.3.3 Acrysil (India)
14.3.4 Fagor Electrodomesticos (Spain)
14.3.5 AKDY Appliances (the U.S.)
14.3.6 Hindware Homes (India)
14.3.7 FABER (Italy)
14.3.8 IFB Industries (India)
14.3.9 Bosch (Germany)
14.3.10 KAFF Appliances (India)
14.3.11 Elica (Italy)
