Microwave Oven Market in US 2024-2028

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
  • Offline
  • Online
By Application
  • Household
  • Commercial
By Type
  • Counter top
  • Built-in
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.


1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Country Market Characteristics
Exhibit 04: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibit 05: Executive Summary - Chart on Market Segmentation by Application
Exhibit 06: Executive Summary - Chart on Market Segmentation by Type
Exhibit 07: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 08: Parent market
Exhibit 09: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 10: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 11: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 12: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibit 13: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibit 14: Chart on US: Year-over-year growth 2023-2028 (%)
Exhibit 15: Data Table on US: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Microwave oven market in US 2018 - 2022
Exhibit 16: Historic Market Size - Data Table on microwave oven market in US 2018 - 2022 ($ million)
4.2 Distribution Channel Segment Analysis 2018 - 2022
Exhibit 17: Historic Market Size - Distribution Channel Segment 2018 - 2022 ($ million)
4.3 Application Segment Analysis 2018 - 2022
Exhibit 18: Historic Market Size - Application Segment 2018 - 2022 ($ million)
4.4 Type Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Type Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Exhibit 20: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 21: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 22: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 23: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 24: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 25: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 26: Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Distribution Channel
6.1 Market segments
Exhibit 27: Chart on Distribution Channel - Market share 2023-2028 (%)
Exhibit 28: Data Table on Distribution Channel - Market share 2023-2028 (%)
6.2 Comparison by Distribution Channel
Exhibit 29: Chart on Comparison by Distribution Channel
Exhibit 30: Data Table on Comparison by Distribution Channel
6.3 Offline - Market size and forecast 2023-2028
Exhibit 31: Chart on Offline - Market size and forecast 2023-2028 ($ million)
Exhibit 32: Data Table on Offline - Market size and forecast 2023-2028 ($ million)
Exhibit 33: Chart on Offline - Year-over-year growth 2023-2028 (%)
Exhibit 34: Data Table on Offline - Year-over-year growth 2023-2028 (%)
6.4 Online - Market size and forecast 2023-2028
Exhibit 35: Chart on Online - Market size and forecast 2023-2028 ($ million)
Exhibit 36: Data Table on Online - Market size and forecast 2023-2028 ($ million)
Exhibit 37: Chart on Online - Year-over-year growth 2023-2028 (%)
Exhibit 38: Data Table on Online - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Distribution Channel
Exhibit 39: Market opportunity by Distribution Channel ($ million)
Exhibit 40: Data Table on Market opportunity by Distribution Channel ($ million)
7 Market Segmentation by Application
7.1 Market segments
Exhibit 41: Chart on Application - Market share 2023-2028 (%)
Exhibit 42: Data Table on Application - Market share 2023-2028 (%)
7.2 Comparison by Application
Exhibit 43: Chart on Comparison by Application
Exhibit 44: Data Table on Comparison by Application
7.3 Household - Market size and forecast 2023-2028
Exhibit 45: Chart on Household - Market size and forecast 2023-2028 ($ million)
Exhibit 46: Data Table on Household - Market size and forecast 2023-2028 ($ million)
Exhibit 47: Chart on Household - Year-over-year growth 2023-2028 (%)
Exhibit 48: Data Table on Household - Year-over-year growth 2023-2028 (%)
7.4 Commercial - Market size and forecast 2023-2028
Exhibit 49: Chart on Commercial - Market size and forecast 2023-2028 ($ million)
Exhibit 50: Data Table on Commercial - Market size and forecast 2023-2028 ($ million)
Exhibit 51: Chart on Commercial - Year-over-year growth 2023-2028 (%)
Exhibit 52: Data Table on Commercial - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Application
Exhibit 53: Market opportunity by Application ($ million)
Exhibit 54: Data Table on Market opportunity by Application ($ million)
8 Market Segmentation by Type
8.1 Market segments
Exhibit 55: Chart on Type - Market share 2023-2028 (%)
Exhibit 56: Data Table on Type - Market share 2023-2028 (%)
8.2 Comparison by Type
Exhibit 57: Chart on Comparison by Type
Exhibit 58: Data Table on Comparison by Type
8.3 Counter top - Market size and forecast 2023-2028
Exhibit 59: Chart on Counter top - Market size and forecast 2023-2028 ($ million)
Exhibit 60: Data Table on Counter top - Market size and forecast 2023-2028 ($ million)
Exhibit 61: Chart on Counter top - Year-over-year growth 2023-2028 (%)
Exhibit 62: Data Table on Counter top - Year-over-year growth 2023-2028 (%)
8.4 Built-in - Market size and forecast 2023-2028
Exhibit 63: Chart on Built-in - Market size and forecast 2023-2028 ($ million)
Exhibit 64: Data Table on Built-in - Market size and forecast 2023-2028 ($ million)
Exhibit 65: Chart on Built-in - Year-over-year growth 2023-2028 (%)
Exhibit 66: Data Table on Built-in - Year-over-year growth 2023-2028 (%)
8.5 Market opportunity by Type
Exhibit 67: Market opportunity by Type ($ million)
Exhibit 68: Data Table on Market opportunity by Type ($ million)
9 Customer Landscape
9.1 Customer landscape overview
Exhibit 69: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 70: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
Exhibit 71: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 72: Overview on factors of disruption
11.4 Industry risks
Exhibit 73: Impact of key risks on business
12 Vendor Analysis
12.1 Vendors covered
Exhibit 74: Vendors covered
12.2 Market positioning of vendors
Exhibit 75: Matrix on vendor position and classification
12.3 Celco Inc.
Exhibit 76: Celco Inc. - Overview
Exhibit 77: Celco Inc. - Product / Service
Exhibit 78: Celco Inc. - Key offerings
12.4 Conair Corp.
Exhibit 79: Conair Corp. - Overview
Exhibit 80: Conair Corp. - Product / Service
Exhibit 81: Conair Corp. - Key offerings
12.5 Electrolux AB
Exhibit 82: Electrolux AB - Overview
Exhibit 83: Electrolux AB - Business segments
Exhibit 84: Electrolux AB - Key news
Exhibit 85: Electrolux AB - Key offerings
Exhibit 86: Electrolux AB - Segment focus
12.6 FRIGIDAIRE
Exhibit 87: FRIGIDAIRE - Overview
Exhibit 88: FRIGIDAIRE - Product / Service
Exhibit 89: FRIGIDAIRE - Key offerings
12.7 Haier Smart Home Co. Ltd.
Exhibit 90: Haier Smart Home Co. Ltd. - Overview
Exhibit 91: Haier Smart Home Co. Ltd. - Business segments
Exhibit 92: Haier Smart Home Co. Ltd. - Key offerings
Exhibit 93: Haier Smart Home Co. Ltd. - Segment focus
12.8 Hitachi Ltd.
Exhibit 94: Hitachi Ltd. - Overview
Exhibit 95: Hitachi Ltd. - Business segments
Exhibit 96: Hitachi Ltd. - Key news
Exhibit 97: Hitachi Ltd. - Key offerings
Exhibit 98: Hitachi Ltd. - Segment focus
12.9 IFB Appliances
Exhibit 99: IFB Appliances - Overview
Exhibit 100: IFB Appliances - Product / Service
Exhibit 101: IFB Appliances - Key offerings
12.10 LG Electronics Inc.
Exhibit 102: LG Electronics Inc. - Overview
Exhibit 103: LG Electronics Inc. - Product / Service
Exhibit 104: LG Electronics Inc. - Key offerings
12.11 Panasonic Holdings Corp.
Exhibit 105: Panasonic Holdings Corp. - Overview
Exhibit 106: Panasonic Holdings Corp. - Product / Service
Exhibit 107: Panasonic Holdings Corp. - Key news
Exhibit 108: Panasonic Holdings Corp. - Key offerings
12.12 Robert Bosch GmbH
Exhibit 109: Robert Bosch GmbH - Overview
Exhibit 110: Robert Bosch GmbH - Business segments
Exhibit 111: Robert Bosch GmbH - Key news
Exhibit 112: Robert Bosch GmbH - Key offerings
Exhibit 113: Robert Bosch GmbH - Segment focus
12.13 Samsung Electronics Co. Ltd.
Exhibit 114: Samsung Electronics Co. Ltd. - Overview
Exhibit 115: Samsung Electronics Co. Ltd. - Business segments
Exhibit 116: Samsung Electronics Co. Ltd. - Key news
Exhibit 117: Samsung Electronics Co. Ltd. - Key offerings
Exhibit 118: Samsung Electronics Co. Ltd. - Segment focus
12.14 Sharp Corp.
Exhibit 119: Sharp Corp. - Overview
Exhibit 120: Sharp Corp. - Business segments
Exhibit 121: Sharp Corp. - Key news
Exhibit 122: Sharp Corp. - Key offerings
Exhibit 123: Sharp Corp. - Segment focus
12.15 The Middleby Corp.
Exhibit 124: The Middleby Corp. - Overview
Exhibit 125: The Middleby Corp. - Business segments
Exhibit 126: The Middleby Corp. - Key offerings
Exhibit 127: The Middleby Corp. - Segment focus
12.16 Transform Holdco LLC
Exhibit 128: Transform Holdco LLC - Overview
Exhibit 129: Transform Holdco LLC - Product / Service
Exhibit 130: Transform Holdco LLC - Key offerings
12.17 Whirlpool Corp.
Exhibit 131: Whirlpool Corp. - Overview
Exhibit 132: Whirlpool Corp. - Business segments
Exhibit 133: Whirlpool Corp. - Key offerings
Exhibit 134: Whirlpool Corp. - Segment focus
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 135: Inclusions checklist
Exhibit 136: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 137: Currency conversion rates for US$
13.4 Research methodology
Exhibit 138: Research methodology
Exhibit 139: Validation techniques employed for market sizing
Exhibit 140: Information sources
13.5 List of abbreviations
Exhibit 141: List of abbreviations
Exhibits:
Exhibits1: Executive Summary - Chart on Market Overview
Exhibits2: Executive Summary - Data Table on Market Overview
Exhibits3: Executive Summary - Chart on Country Market Characteristics
Exhibits4: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibits5: Executive Summary - Chart on Market Segmentation by Application
Exhibits6: Executive Summary - Chart on Market Segmentation by Type
Exhibits7: Executive Summary - Chart on Vendor Market Positioning
Exhibits8: Parent market
Exhibits9: Market Characteristics
Exhibits10: Offerings of vendors included in the market definition
Exhibits11: Market segments
Exhibits12: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibits13: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibits14: Chart on US: Year-over-year growth 2023-2028 (%)
Exhibits15: Data Table on US: Year-over-year growth 2023-2028 (%)
Exhibits16: Historic Market Size - Data Table on microwave oven market in US 2018 - 2022 ($ million)
Exhibits17: Historic Market Size - Distribution Channel Segment 2018 - 2022 ($ million)
Exhibits18: Historic Market Size - Application Segment 2018 - 2022 ($ million)
Exhibits19: Historic Market Size - Type Segment 2018 - 2022 ($ million)
Exhibits20: Five forces analysis - Comparison between 2023 and 2028
Exhibits21: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits22: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits23: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits24: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits25: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits26: Chart on Market condition - Five forces 2023 and 2028
Exhibits27: Chart on Distribution Channel - Market share 2023-2028 (%)
Exhibits28: Data Table on Distribution Channel - Market share 2023-2028 (%)
Exhibits29: Chart on Comparison by Distribution Channel
Exhibits30: Data Table on Comparison by Distribution Channel
Exhibits31: Chart on Offline - Market size and forecast 2023-2028 ($ million)
Exhibits32: Data Table on Offline - Market size and forecast 2023-2028 ($ million)
Exhibits33: Chart on Offline - Year-over-year growth 2023-2028 (%)
Exhibits34: Data Table on Offline - Year-over-year growth 2023-2028 (%)
Exhibits35: Chart on Online - Market size and forecast 2023-2028 ($ million)
Exhibits36: Data Table on Online - Market size and forecast 2023-2028 ($ million)
Exhibits37: Chart on Online - Year-over-year growth 2023-2028 (%)
Exhibits38: Data Table on Online - Year-over-year growth 2023-2028 (%)
Exhibits39: Market opportunity by Distribution Channel ($ million)
Exhibits40: Data Table on Market opportunity by Distribution Channel ($ million)
Exhibits41: Chart on Application - Market share 2023-2028 (%)
Exhibits42: Data Table on Application - Market share 2023-2028 (%)
Exhibits43: Chart on Comparison by Application
Exhibits44: Data Table on Comparison by Application
Exhibits45: Chart on Household - Market size and forecast 2023-2028 ($ million)
Exhibits46: Data Table on Household - Market size and forecast 2023-2028 ($ million)
Exhibits47: Chart on Household - Year-over-year growth 2023-2028 (%)
Exhibits48: Data Table on Household - Year-over-year growth 2023-2028 (%)
Exhibits49: Chart on Commercial - Market size and forecast 2023-2028 ($ million)
Exhibits50: Data Table on Commercial - Market size and forecast 2023-2028 ($ million)
Exhibits51: Chart on Commercial - Year-over-year growth 2023-2028 (%)
Exhibits52: Data Table on Commercial - Year-over-year growth 2023-2028 (%)
Exhibits53: Market opportunity by Application ($ million)
Exhibits54: Data Table on Market opportunity by Application ($ million)
Exhibits55: Chart on Type - Market share 2023-2028 (%)
Exhibits56: Data Table on Type - Market share 2023-2028 (%)
Exhibits57: Chart on Comparison by Type
Exhibits58: Data Table on Comparison by Type
Exhibits59: Chart on Counter top - Market size and forecast 2023-2028 ($ million)
Exhibits60: Data Table on Counter top - Market size and forecast 2023-2028 ($ million)
Exhibits61: Chart on Counter top - Year-over-year growth 2023-2028 (%)
Exhibits62: Data Table on Counter top - Year-over-year growth 2023-2028 (%)
Exhibits63: Chart on Built-in - Market size and forecast 2023-2028 ($ million)
Exhibits64: Data Table on Built-in - Market size and forecast 2023-2028 ($ million)
Exhibits65: Chart on Built-in - Year-over-year growth 2023-2028 (%)
Exhibits66: Data Table on Built-in - Year-over-year growth 2023-2028 (%)
Exhibits67: Market opportunity by Type ($ million)
Exhibits68: Data Table on Market opportunity by Type ($ million)
Exhibits69: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits70: Impact of drivers and challenges in 2023 and 2028
Exhibits71: Overview on Criticality of inputs and Factors of differentiation
Exhibits72: Overview on factors of disruption
Exhibits73: Impact of key risks on business
Exhibits74: Vendors covered
Exhibits75: Matrix on vendor position and classification
Exhibits76: Celco Inc. - Overview
Exhibits77: Celco Inc. - Product / Service
Exhibits78: Celco Inc. - Key offerings
Exhibits79: Conair Corp. - Overview
Exhibits80: Conair Corp. - Product / Service
Exhibits81: Conair Corp. - Key offerings
Exhibits82: Electrolux AB - Overview
Exhibits83: Electrolux AB - Business segments
Exhibits84: Electrolux AB - Key news
Exhibits85: Electrolux AB - Key offerings
Exhibits86: Electrolux AB - Segment focus
Exhibits87: FRIGIDAIRE - Overview
Exhibits88: FRIGIDAIRE - Product / Service
Exhibits89: FRIGIDAIRE - Key offerings
Exhibits90: Haier Smart Home Co. Ltd. - Overview
Exhibits91: Haier Smart Home Co. Ltd. - Business segments
Exhibits92: Haier Smart Home Co. Ltd. - Key offerings
Exhibits93: Haier Smart Home Co. Ltd. - Segment focus
Exhibits94: Hitachi Ltd. - Overview
Exhibits95: Hitachi Ltd. - Business segments
Exhibits96: Hitachi Ltd. - Key news
Exhibits97: Hitachi Ltd. - Key offerings
Exhibits98: Hitachi Ltd. - Segment focus
Exhibits99: IFB Appliances - Overview
Exhibits100: IFB Appliances - Product / Service
Exhibits101: IFB Appliances - Key offerings
Exhibits102: LG Electronics Inc. - Overview
Exhibits103: LG Electronics Inc. - Product / Service
Exhibits104: LG Electronics Inc. - Key offerings
Exhibits105: Panasonic Holdings Corp. - Overview
Exhibits106: Panasonic Holdings Corp. - Product / Service
Exhibits107: Panasonic Holdings Corp. - Key news
Exhibits108: Panasonic Holdings Corp. - Key offerings
Exhibits109: Robert Bosch GmbH - Overview
Exhibits110: Robert Bosch GmbH - Business segments
Exhibits111: Robert Bosch GmbH - Key news
Exhibits112: Robert Bosch GmbH - Key offerings
Exhibits113: Robert Bosch GmbH - Segment focus
Exhibits114: Samsung Electronics Co. Ltd. - Overview
Exhibits115: Samsung Electronics Co. Ltd. - Business segments
Exhibits116: Samsung Electronics Co. Ltd. - Key news
Exhibits117: Samsung Electronics Co. Ltd. - Key offerings
Exhibits118: Samsung Electronics Co. Ltd. - Segment focus
Exhibits119: Sharp Corp. - Overview
Exhibits120: Sharp Corp. - Business segments
Exhibits121: Sharp Corp. - Key news
Exhibits122: Sharp Corp. - Key offerings
Exhibits123: Sharp Corp. - Segment focus
Exhibits124: The Middleby Corp. - Overview
Exhibits125: The Middleby Corp. - Business segments
Exhibits126: The Middleby Corp. - Key offerings
Exhibits127: The Middleby Corp. - Segment focus
Exhibits128: Transform Holdco LLC - Overview
Exhibits129: Transform Holdco LLC - Product / Service
Exhibits130: Transform Holdco LLC - Key offerings
Exhibits131: Whirlpool Corp. - Overview
Exhibits132: Whirlpool Corp. - Business segments
Exhibits133: Whirlpool Corp. - Key offerings
Exhibits134: Whirlpool Corp. - Segment focus
Exhibits135: Inclusions checklist
Exhibits136: Exclusions checklist
Exhibits137: Currency conversion rates for US$
Exhibits138: Research methodology
Exhibits139: Validation techniques employed for market sizing
Exhibits140: Information sources
Exhibits141: List of abbreviations

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