Induction Cooktops - Global Market Outlook (2016-2022)

Induction Cooktops - Global Market Outlook (2016-2022)

  • Published: April 2017
  • ID: SMRC16438

According to Stratistics MRC, the Global Induction Cooktops Market accounted for $XX million in 2016 and is expected to reach $XX million by 2022 growing at a CAGR of XX% from 2016 to 2022. Quick urbanization and adoption of energy efficient kitchen appliances by consumers are the key drivers impacting the market growth. Moreover, changing lifestyle and increasing prices of conventional cooking fuel are favouring the market growth. However, expensive cost of induction cooktops is hampering the market.

Europe commanded the largest market share in Induction Cooktops market. Asia Pacific is expected to witness rapid growth for the market during the forecast period due to the growing disposable incomes and increasing sales of induction cooktops mainly in India and China. Players in the market are focusing on the development of enhanced quality products with extra features to augment their revenue shares.

Some of the key players in the market include Waring, Vollrath, TTK Prestige Ltd., Stovekraft, Philips India, Panasonic, LG Electronics, Inalsa, Hatco, Haier Group, Bajaj Electricals, Eurodib, Cal-Mil, Bon Chef and Avantco Equipment.

Powers Covered:
• Between 5 KW- 10 KW
• Less than 5 KW
• More than 10 KW

Size Covered:
• Large
• Medium
• Small

Product types Covered:
• Integrated induction cooktops
• Free standing induction cooktops

Surfaces Covered:
• Concave surface
• Flat surface

Applications Covered:
• Commercial
• Household

Distribution Channels Covered:
• Online Stores
• Specialty Stores
• Supermarkets
• Other Distribution Channels

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain     
o Rest of Europe 
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 6 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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