Global Combi Ovens Market in Household Appliances Industry | Discover Company Insights in Technavio
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NEW YORK, July 21, 2021 /PRNewswire/ -- The combi ovens market is set to grow by USD 535.85 million, progressing at a CAGR of 3.52% during 2021-2025. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
Technavio offers an up-to-date analysis regarding the current global market scenario and the overall market environment.
Attractive Opportunities in the Combi Ovens Market - Forecast 2021-2025
The market is concentrated, and the degree of concentration will accelerate during the forecast period. AB Electrolux, Ali Group Srl, Alto-Shaam Inc., FUJIMAK Corp., Maschinenfabrik Kurt Neubauer GmbH & Co. KG, ONNERA Group, RATIONAL Group, Robert Bosch GmbH, The Middleby Corp., and Welbilt Inc. are some of the major market participants. Factors such as the growing inclination toward combi ovens with energy-efficient features, the versatility offered by combi ovens, and the growing demand for certified combi ovens will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.