NEW YORK, June 9, 2021 /PRNewswire/ — The global commercial high-speed hybrid ovens market is expected to grow by USD 48.06 million during 2021-2025, according to Technavio. This marks a significant market slowdown compared to the 2020 growth estimates due to the impact of the COVID-19 pandemic in the first half of 2020. However, healthy growth is expected to continue throughout the forecast period, and the market is expected to grow at a CAGR of 4%.
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The commercial high-speed hybrid ovens market is driven by the growth of foodservice industry. In addition, the product premiumization owing to technological advances and innovations is anticipated to boost the growth of the commercial high-speed hybrid ovens market.
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Major Five Commercial High-Speed Hybrid Ovens Companies:
- AB Electrolux
- Ali Group Srl
- Atollspeed GmbH
- Haier Smart Home Co. LTD.
- Panasonic Corp.
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Commercial High-Speed Hybrid Ovens Market Product Outlook (Revenue, USD mn, 2020-2025)
- Touchscreen – size and forecast 2020-2025
- Digital – size and forecast 2020-2025
Commercial High-Speed Hybrid Ovens Market Geography Outlook (Revenue, USD mn, 2020-2025)
- North America – size and forecast 2020-2025
- Europe – size and forecast 2020-2025
- APAC – size and forecast 2020-2025
- South America – size and forecast 2020-2025
- MEA – size and forecast 2020-2025
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