Global Electric Ranges Market Growth 2023-2029

Global Electric Ranges Market Growth 2023-2029

An electric stove or electric range is a stove with an integrated electrical heating device to cook and bake. Electric stoves became popular as replacements for solid-fuel (wood or coal) stoves which required more labor to operate and maintain. Some modern stoves come in a unit with built-in extractor hoods.

LPI (LP Information)' newest research report, the “Electric Ranges Industry Forecast” looks at past sales and reviews total world Electric Ranges sales in 2022, providing a comprehensive analysis by region and market sector of projected Electric Ranges sales for 2023 through 2029. With Electric Ranges sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electric Ranges industry.

This Insight Report provides a comprehensive analysis of the global Electric Ranges landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electric Ranges portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Electric Ranges market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electric Ranges and breaks down the forecast by size, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electric Ranges.

The global Electric Ranges market size is projected to grow from US$ 9266.1 million in 2022 to US$ 12490 million in 2029; it is expected to grow at a CAGR of 12490 from 2023 to 2029.

The industry is relatively concentration, the key brand include GE Appliances (Haier), Whirlpool, Electrolux, Sears Holdings Corporation, Samsung, LG Electronics, Peerless Premier Appliance, Bosch, Sharp, Fisher & Paykel Appliances, Viking Range, Wolf Appliance, Danby Products Limited, Felix Storch and so on. GE Appliances (Haier) and Whirlpool are the top 2 players of Electric Ranges, with about 60% market shares.

This report presents a comprehensive overview, market shares, and growth opportunities of Electric Ranges market by product size, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by size

20 Inch

24 Inch

27 Inch

30 Inch

Others

Segmentation by application

Residential

Commercial

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

GE Appliances (Haier)

Whirlpool

Electrolux

Sears Holdings Corporation

Samsung

LG Electronics

Peerless Premier Appliance

Bosch

Sharp

Fisher & Paykel Appliances

Viking Range

Wolf Appliance

Danby Products Limited

Felix Storch, Inc.

Key Questions Addressed in this Report

What is the 10-year outlook for the global Electric Ranges market?

What factors are driving Electric Ranges market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Electric Ranges market opportunities vary by end market size?

How does Electric Ranges break out size, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.