Microwave Oven Industry Research Report 2024

Microwave Oven Industry Research Report 2024


Summary

Microwave oven is a kitchen appliance that heats and cooks food by exposing it to electromagnetic radiation in the microwave frequency range. This induces polar molecules in the food to rotate and produce thermal energy in a process known as dielectric heating. Microwave ovens heat foods quickly and efficiently because excitation is fairly uniform in the outer 25–38 mm (1–1.5 inches) of a homogeneous, high water content food item; food is more evenly heated throughout than generally occurs in other cooking techniques.

According to APO Research, the global Microwave Oven market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

North American market for Microwave Oven is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Asia-Pacific market for Microwave Oven is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Europe market for Microwave Oven is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

The major global manufacturers of Microwave Oven include Galanz, Midea, Electrolux, Whirlpool, Panasonic, Samsung, Daewoo, BSH Home Appliances and SHARP, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Microwave Oven, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Microwave Oven.

The report will help the Microwave Oven manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

The Microwave Oven market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Microwave Oven market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

Galanz
Midea
Electrolux
Whirlpool
Panasonic
Samsung
Daewoo
BSH Home Appliances
SHARP
LG
Brandt
GE (Haier)
Candy
Moulinex
Breville
Microwave Oven segment by Type

Under 1 Cu. Ft Type
1 to 1.9 Cu. Ft Type
Over 2 Cu.ft Type
Microwave Oven segment by Application

Household Use
Commercial Use
Microwave Oven Segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Microwave Oven market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Microwave Oven and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Microwave Oven.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Microwave Oven manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Microwave Oven by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Microwave Oven in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.


1 Preface
1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
1.5.1 Secondary Sources
1.5.2 Primary Sources
2 Market Overview
2.1 Product Definition
2.2 Global Market Growth Prospects
2.2.1 Global Microwave Oven Market Size (2019-2030) & (US$ Million)
2.2.2 Global Microwave Oven Sales (2019-2030)
2.2.3 Global Microwave Oven Market Average Price (2019-2030)
2.3 Microwave Oven by Type
2.3.1 Market Value Comparison by Type (2019 VS 2023 VS 2030) & (US$ Million)
2.3.2 Under 1 Cu. Ft Type
2.3.3 1 to 1.9 Cu. Ft Type
2.3.4 Over 2 Cu.ft Type
2.4 Microwave Oven by Application
2.4.1 Market Value Comparison by Application (2019 VS 2023 VS 2030) & (US$ Million)
2.4.2 Household Use
2.4.3 Commercial Use
3 Market Competitive Landscape by Manufacturers
3.1 Global Microwave Oven Market Competitive Situation by Manufacturers (2019 Versus 2023)
3.2 Global Microwave Oven Sales (K Units) of Manufacturers (2019-2024)
3.3 Global Microwave Oven Revenue of Manufacturers (2019-2024)
3.4 Global Microwave Oven Average Price by Manufacturers (2019-2024)
3.5 Global Microwave Oven Industry Ranking, 2022 VS 2023 VS 2024
3.6 Global Manufacturers of Microwave Oven, Manufacturing Sites & Headquarters
3.7 Global Manufacturers of Microwave Oven, Product Type & Application
3.8 Global Manufacturers of Microwave Oven, Date of Enter into This Industry
3.9 Global Microwave Oven Market CR5 and HHI
3.10 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
4.1 Galanz
4.1.1 Galanz Company Information
4.1.2 Galanz Business Overview
4.1.3 Galanz Microwave Oven Sales, Revenue and Gross Margin (2019-2024)
4.1.4 Galanz Microwave Oven Product Portfolio
4.1.5 Galanz Recent Developments
4.2 Midea
4.2.1 Midea Company Information
4.2.2 Midea Business Overview
4.2.3 Midea Microwave Oven Sales, Revenue and Gross Margin (2019-2024)
4.2.4 Midea Microwave Oven Product Portfolio
4.2.5 Midea Recent Developments
4.3 Electrolux
4.3.1 Electrolux Company Information
4.3.2 Electrolux Business Overview
4.3.3 Electrolux Microwave Oven Sales, Revenue and Gross Margin (2019-2024)
4.3.4 Electrolux Microwave Oven Product Portfolio
4.3.5 Electrolux Recent Developments
4.4 Whirlpool
4.4.1 Whirlpool Company Information
4.4.2 Whirlpool Business Overview
4.4.3 Whirlpool Microwave Oven Sales, Revenue and Gross Margin (2019-2024)
4.4.4 Whirlpool Microwave Oven Product Portfolio
4.4.5 Whirlpool Recent Developments
4.5 Panasonic
4.5.1 Panasonic Company Information
4.5.2 Panasonic Business Overview
4.5.3 Panasonic Microwave Oven Sales, Revenue and Gross Margin (2019-2024)
4.5.4 Panasonic Microwave Oven Product Portfolio
4.5.5 Panasonic Recent Developments
4.6 Samsung
4.6.1 Samsung Company Information
4.6.2 Samsung Business Overview
4.6.3 Samsung Microwave Oven Sales, Revenue and Gross Margin (2019-2024)
4.6.4 Samsung Microwave Oven Product Portfolio
4.6.5 Samsung Recent Developments
4.7 Daewoo
4.7.1 Daewoo Company Information
4.7.2 Daewoo Business Overview
4.7.3 Daewoo Microwave Oven Sales, Revenue and Gross Margin (2019-2024)
4.7.4 Daewoo Microwave Oven Product Portfolio
4.7.5 Daewoo Recent Developments
4.8 BSH Home Appliances
4.8.1 BSH Home Appliances Company Information
4.8.2 BSH Home Appliances Business Overview
4.8.3 BSH Home Appliances Microwave Oven Sales, Revenue and Gross Margin (2019-2024)
4.8.4 BSH Home Appliances Microwave Oven Product Portfolio
4.8.5 BSH Home Appliances Recent Developments
4.9 SHARP
4.9.1 SHARP Company Information
4.9.2 SHARP Business Overview
4.9.3 SHARP Microwave Oven Sales, Revenue and Gross Margin (2019-2024)
4.9.4 SHARP Microwave Oven Product Portfolio
4.9.5 SHARP Recent Developments
4.10 LG
4.10.1 LG Company Information
4.10.2 LG Business Overview
4.10.3 LG Microwave Oven Sales, Revenue and Gross Margin (2019-2024)
4.10.4 LG Microwave Oven Product Portfolio
4.10.5 LG Recent Developments
4.11 Brandt
4.11.1 Brandt Company Information
4.11.2 Brandt Business Overview
4.11.3 Brandt Microwave Oven Sales, Revenue and Gross Margin (2019-2024)
4.11.4 Brandt Microwave Oven Product Portfolio
4.11.5 Brandt Recent Developments
4.12 GE (Haier)
4.12.1 GE (Haier) Company Information
4.12.2 GE (Haier) Business Overview
4.12.3 GE (Haier) Microwave Oven Sales, Revenue and Gross Margin (2019-2024)
4.12.4 GE (Haier) Microwave Oven Product Portfolio
4.12.5 GE (Haier) Recent Developments
4.13 Candy
4.13.1 Candy Company Information
4.13.2 Candy Business Overview
4.13.3 Candy Microwave Oven Sales, Revenue and Gross Margin (2019-2024)
4.13.4 Candy Microwave Oven Product Portfolio
4.13.5 Candy Recent Developments
4.14 Moulinex
4.14.1 Moulinex Company Information
4.14.2 Moulinex Business Overview
4.14.3 Moulinex Microwave Oven Sales, Revenue and Gross Margin (2019-2024)
4.14.4 Moulinex Microwave Oven Product Portfolio
4.14.5 Moulinex Recent Developments
4.15 Breville
4.15.1 Breville Company Information
4.15.2 Breville Business Overview
4.15.3 Breville Microwave Oven Sales, Revenue and Gross Margin (2019-2024)
4.15.4 Breville Microwave Oven Product Portfolio
4.15.5 Breville Recent Developments
5 Global Microwave Oven Market Scenario by Region
5.1 Global Microwave Oven Market Size by Region: 2019 VS 2023 VS 2030
5.2 Global Microwave Oven Sales by Region: 2019-2030
5.2.1 Global Microwave Oven Sales by Region: 2019-2024
5.2.2 Global Microwave Oven Sales by Region: 2025-2030
5.3 Global Microwave Oven Revenue by Region: 2019-2030
5.3.1 Global Microwave Oven Revenue by Region: 2019-2024
5.3.2 Global Microwave Oven Revenue by Region: 2025-2030
5.4 North America Microwave Oven Market Facts & Figures by Country
5.4.1 North America Microwave Oven Market Size by Country: 2019 VS 2023 VS 2030
5.4.2 North America Microwave Oven Sales by Country (2019-2030)
5.4.3 North America Microwave Oven Revenue by Country (2019-2030)
5.4.4 U.S.
5.4.5 Canada
5.5 Europe Microwave Oven Market Facts & Figures by Country
5.5.1 Europe Microwave Oven Market Size by Country: 2019 VS 2023 VS 2030
5.5.2 Europe Microwave Oven Sales by Country (2019-2030)
5.5.3 Europe Microwave Oven Revenue by Country (2019-2030)
5.5.4 Germany
5.5.5 France
5.5.6 U.K.
5.5.7 Italy
5.5.8 Russia
5.6 Asia Pacific Microwave Oven Market Facts & Figures by Country
5.6.1 Asia Pacific Microwave Oven Market Size by Country: 2019 VS 2023 VS 2030
5.6.2 Asia Pacific Microwave Oven Sales by Country (2019-2030)
5.6.3 Asia Pacific Microwave Oven Revenue by Country (2019-2030)
5.6.4 China
5.6.5 Japan
5.6.6 South Korea
5.6.7 India
5.6.8 Australia
5.6.9 China Taiwan
5.6.10 Indonesia
5.6.11 Thailand
5.6.12 Malaysia
5.7 Latin America Microwave Oven Market Facts & Figures by Country
5.7.1 Latin America Microwave Oven Market Size by Country: 2019 VS 2023 VS 2030
5.7.2 Latin America Microwave Oven Sales by Country (2019-2030)
5.7.3 Latin America Microwave Oven Revenue by Country (2019-2030)
5.7.4 Mexico
5.7.5 Brazil
5.7.6 Argentina
5.8 Middle East and Africa Microwave Oven Market Facts & Figures by Country
5.8.1 Middle East and Africa Microwave Oven Market Size by Country: 2019 VS 2023 VS 2030
5.8.2 Middle East and Africa Microwave Oven Sales by Country (2019-2030)
5.8.3 Middle East and Africa Microwave Oven Revenue by Country (2019-2030)
5.8.4 Turkey
5.8.5 Saudi Arabia
5.8.6 UAE
6 Segment by Type
6.1 Global Microwave Oven Sales by Type (2019-2030)
6.1.1 Global Microwave Oven Sales by Type (2019-2030) & (K Units)
6.1.2 Global Microwave Oven Sales Market Share by Type (2019-2030)
6.2 Global Microwave Oven Revenue by Type (2019-2030)
6.2.1 Global Microwave Oven Sales by Type (2019-2030) & (US$ Million)
6.2.2 Global Microwave Oven Revenue Market Share by Type (2019-2030)
6.3 Global Microwave Oven Price by Type (2019-2030)
7 Segment by Application
7.1 Global Microwave Oven Sales by Application (2019-2030)
7.1.1 Global Microwave Oven Sales by Application (2019-2030) & (K Units)
7.1.2 Global Microwave Oven Sales Market Share by Application (2019-2030)
7.2 Global Microwave Oven Revenue by Application (2019-2030)
7.2.1 Global Microwave Oven Sales by Application (2019-2030) & (US$ Million)
7.2.2 Global Microwave Oven Revenue Market Share by Application (2019-2030)
7.3 Global Microwave Oven Price by Application (2019-2030)
8 Value Chain and Sales Channels Analysis of the Market
8.1 Microwave Oven Value Chain Analysis
8.1.1 Microwave Oven Key Raw Materials
8.1.2 Raw Materials Key Suppliers
8.1.3 Microwave Oven Production Mode & Process
8.2 Microwave Oven Sales Channels Analysis
8.2.1 Direct Comparison with Distribution Share
8.2.2 Microwave Oven Distributors
8.2.3 Microwave Oven Customers
9 Global Microwave Oven Analyzing Market Dynamics
9.1 Microwave Oven Industry Trends
9.2 Microwave Oven Industry Drivers
9.3 Microwave Oven Industry Opportunities and Challenges
9.4 Microwave Oven Industry Restraints
10 Report Conclusion
11 Disclaimer

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