Electric Grill Market Report: Trends, Forecast and Competitive Analysis to 2030

Electric Grill Market Report: Trends, Forecast and Competitive Analysis to 2030

Electric Grill Trends and Forecast

The future of the global electric grill market looks promising with opportunities in the residential and commercial markets. The global electric grill market is expected to reach an estimated $6.1 billion by 2030 with a CAGR of 5.3% from 2024 to 2030. The major drivers for this market are growing popularity of outdoor cooking, increasing preference of consumers for grilling meals at home, and technological advancements.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Electric Grill by Segment

The study includes a forecast for the global electric grill by product, application, and region.

Electric Grill Market by Product [Shipment Analysis by Value from 2018 to 2030]:

• Electric Smokers
• Electric Griddles

Electric Grill Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Residential
• Commercial
• Others

Electric Grill Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Electric Grill Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies electric grill companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the electric grill companies profiled in this report include-

• Weber-Stephen Products
• The Middleby
• Taylor Company
• Roller Grill
• The Holland Grill Company
• Dimplex
• DeLonghi
• The Coleman Company
• Midea
• RH Peterson

Electric Grill Market Insights

Lucintel forecasts that electric smoker will remain the larger segment over the forecast period due to its features like user-friendliness, lower maintenance, and easy replacement.

Within this market, commercial will remain the largest segment due to the growing consumption of the product in restaurants, hotels and events.

North America will remain the largest region over the forecast period due to increased use of home cooking and backyard cooking.

Features of the Global Electric Grill Market

Market Size Estimates: Electric grill market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Electric grill market size by product, application, and region in terms of value ($B).

Regional Analysis: Electric grill market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different products, applications, and regions for the electric grill market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the electric grill market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the electric grill market size?

Answer: The global electric grill market is expected to reach an estimated $6.1 billion by 2030.

Q2. What is the growth forecast for electric grill market?

Answer: The global electric grill market is expected to grow with a CAGR of 5.3% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the electric grill market?

Answer: The major drivers for this market are growing popularity of outdoor cooking, increasing preference of consumers for grilling meals at home, and technological advancements.

Q4. What are the major segments for electric grill market?

Answer: The future of the electric grill market looks promising with opportunities in the residential and commercial markets.

Q5. Who are the key electric grill market companies?

Answer: Some of the key electric grill companies are as follows:

• Weber-Stephen Products
• The Middleby
• Taylor Company
• Roller Grill
• The Holland Grill Company
• Dimplex
• DeLonghi
• The Coleman Company
• Midea
• RH Peterson

Q6. Which electric grill market segment will be the largest in future?

Answer: Lucintel forecasts that electric smoker will remain the larger segment over the forecast period due to its features like user-friendliness, lower maintenance, and easy replacement.

Q7. In electric grill market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to increased use of home cooking and backyard cooking.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the electric grill market by product (electric smokers and electric griddles), application (residential, commercial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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