Microwave Oven Market In US 2024-2028
The microwave oven market in US is forecasted to grow by USD 606.74 mn during 2023-2028, accelerating at a CAGR of 5.57% during the forecast period. The report on the microwave oven market in US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for energy-efficient cooking process, growing food service industry, and expansion of e-commerce market.
Technavio's microwave oven market in US is segmented as below:
By Distribution Channel
By Application
By Type
This study identifies the rising adoption of microwave ovens with technologically advanced features as one of the prime reasons driving the microwave oven market in US growth during the next few years. Also, increase in use of commercial microwave ovens with automatic timers and growing adoption of commercial microwave ovens with safety certifications will lead to sizable demand in the market.
The report on the microwave oven market in US covers the following areas:
- Microwave oven market in US sizing
- Microwave oven market in US forecast
- Microwave oven market in US industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading microwave oven market in US vendors that include Celco Inc., Conair Corp., Electrolux AB, Felix Storch Inc., FRIGIDAIRE, Haier Smart Home Co. Ltd., Hitachi Ltd., IFB Appliances, LG Electronics Inc., Midea Group Co. Ltd., Panasonic Holdings Corp., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Sharp Corp., Solwave Inc., The Middleby Corp., Transform Holdco LLC, and Whirlpool Corp.. Also, the microwave oven market in US analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.