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Global Induction Cooktop Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Induction Cooktop is a kind cooking equipment using electromagnetism to turn cooking pans into cookers (creating heat energy inside the pan itself, instead of firing it in from outside). Induction cooktop cooks food more quickly and safely with less energy, compared with the traditional gas stove. Simply, an induction cooktop is an electromagnet. Inside the glass cooktop, there's an electronically controlled coil of metal. When turn on the power, there will be an alternating current flow through the coil and it produces a fluctuating magnetic field all around it and directly above it, this will produce heat indirectly. According to our (Global Info Research) latest study, the global Induction Cooktop market size was valued at USD 5684.9 million in 2022 and is forecast to a readjusted size of USD 6752.2 million by 2029 with a CAGR of 2.5% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. Global Induction Cooktop key players include Midea, SUPOR, Joyoung, etc. Global top three manufacturers hold a share nearly 50%. China is the largest market, with a share over 70%, followed by Europe, and Asia (Ex China), both have a share over 20 percent. In terms of product, Touch Screen is the largest segment, with a share about 85%. And in terms of application, the largest application is Home Use, followed by Commercial Use. This report is a detailed and comprehensive analysis for global Induction Cooktop market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided. Key Features: Global Induction Cooktop market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029 Global Induction Cooktop market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029 Global Induction Cooktop market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029 Global Induction Cooktop market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2018-2023 The Primary Objectives in This Report Are: To determine the size of the total market opportunity of global and key countries To assess the growth potential for Induction Cooktop To forecast future growth in each product and end-use market To assess competitive factors affecting the marketplace This report profiles key players in the global Induction Cooktop market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Midea, SUPOR, Joyoung, Philips and POVOS, etc. This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence. Market Segmentation Induction Cooktop market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets. Market segment by Type Touch Screen Touchtone Market segment by Application Home Commercial Major players covered Midea SUPOR Joyoung Philips POVOS Galanz Fusibo Sunpentown Panasonic Haier Group AB Electrolux Bosch Whirlpool Semikron Waring Fisher & Paykel Smeg True Induction Miele LG Electronics MENU SYSTEM Chinducs Vollrath UEMW GE Qinxin Summit Appliance Oude Sub-Zero Wolf Jinbaite Elecpro Garland EMI Market segment by region, regional analysis covers North America (United States, Canada and Mexico) Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe) Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia) South America (Brazil, Argentina, Colombia, and Rest of South America) Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa) The content of the study subjects, includes a total of 15 chapters: Chapter 1, to describe Induction Cooktop product scope, market overview, market estimation caveats and base year. Chapter 2, to profile the top manufacturers of Induction Cooktop, with price, sales, revenue and global market share of Induction Cooktop from 2018 to 2023. Chapter 3, the Induction Cooktop competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast. Chapter 4, the Induction Cooktop breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029. Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029. Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Induction Cooktop market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029. Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War. Chapter 13, the key raw materials and key suppliers, and industry chain of Induction Cooktop. Chapter 14 and 15, to describe Induction Cooktop sales channel, distributors, customers, research findings and conclusion.
1 Market Overview 1.1 Product Overview and Scope of Induction Cooktop 1.2 Market Estimation Caveats and Base Year 1.3 Market Analysis by Type 1.3.1 Overview: Global Induction Cooktop Consumption Value by Type: 2018 Versus 2022 Versus 2029 1.3.2 Touch Screen 1.3.3 Touchtone 1.4 Market Analysis by Application 1.4.1 Overview: Global Induction Cooktop Co
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About this Report
Report ID 15293
Category
  • Consumer Goods
Published on 29-Mar
Number of Pages 125
Publisher Name Global Info Research
Editor Rating
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