Global Electrical Cooktops Market Growth 2023-2029

Global Electrical Cooktops Market Growth 2023-2029

Electrical Cooktops is a flat piece of equipment for cooking that is built into a kitchen countertop and that usually has four devices (called burners) that become hot when turned on.
LPI (LP Information)' newest research report, the “Electrical Cooktops Industry Forecast” looks at past sales and reviews total world Electrical Cooktops sales in 2022, providing a comprehensive analysis by region and market sector of projected Electrical Cooktops sales for 2023 through 2029. With Electrical Cooktops sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electrical Cooktops industry.
This Insight Report provides a comprehensive analysis of the global Electrical Cooktops 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 Electrical Cooktops portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Electrical Cooktops market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electrical Cooktops and breaks down the forecast by type, 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 Electrical Cooktops.
The global Electrical Cooktops market size is projected to grow from US$ 1852.5 million in 2022 to US$ 2078.8 million in 2029; it is expected to grow at a CAGR of 2078.8 from 2023 to 2029.
The major players in global Electrical Cooktops market include Electrolux, Bosch Home Appliances, Midea, etc. The top 3 players hold about 50% of global market shares. Europe and China are main markets, they occupy over 50% of the global market. Glass Ceramic Cooktop is the main type, with a share over 80%. Commercial is the key application, which hold about 85% shares.
This report presents a comprehensive overview, market shares, and growth opportunities of Electrical Cooktops market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Glass Ceramic Cooktop
Electric Coil Cooktop
Segmentation by application
Home
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.
Electrolux
Bosch Home Appliances
Midea
Whirlpool
GE Appliance
Kenmore
Smeg
Fisher & Paykel
Thermador
Baumatic
Haier Group
LG
Asko
Subzero Wolf
Summit Appliance
Key Questions Addressed in this Report
What is the 10-year outlook for the global Electrical Cooktops market?
What factors are driving Electrical Cooktops market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Electrical Cooktops market opportunities vary by end market size?
How does Electrical Cooktops break out type, 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.