Global Portable Induction Hobs Market to Reach $406.9 Million by 2030
The global market for Portable Induction Hobs estimated at US$276.1 Million in the year 2023, is expected to reach US$406.9 Million by 2030, growing at a CAGR of 5.7% over the period 2023-2030.
The U.S. Market is Estimated at $72.5 Million, While China is Forecast to Grow at 8.7% CAGR
The Portable Induction Hobs market in the U.S. is estimated at US$72.5 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$93.3 Million by the year 2030 trailing a CAGR of 8.7% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.6% and 4.6% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 4.3% CAGR.
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