Induction Cooktops Market Intelligence Report - Global Forecast to 2027

Induction Cooktops Market Intelligence Report - Global Forecast to 2027

The Global Induction Cooktops Market is projected to reach USD 1,201.75 million by 2027 from USD 785.78 million in 2021, at a CAGR 7.33% during the forecast period.

Market Statistics:

The report provides market sizing and forecast across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2019 and 2020 are considered historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered the forecast period.

• The Americas Induction Cooktops Market size was estimated at USD 217.89 million in 2021 and expected to reach USD 231.73 million in 2022, at a CAGR 7.06% to reach USD 328.26 million by 2027.
• The Asia-Pacific Induction Cooktops Market size was estimated at USD 274.24 million in 2021 and expected to reach USD 294.83 million in 2022, at a CAGR 7.44% to reach USD 422.04 million by 2027.
• The Europe, Middle East & Africa Induction Cooktops Market size was estimated at USD 293.64 million in 2021 and expected to reach USD 315.52 million in 2022, at a CAGR 7.43% to reach USD 451.43 million by 2027.

Market Segmentation & Coverage:

The report on induction cooktops identifies key attributes about the customer to define the potential market and identify different needs across the industry. Understanding the potential customer group's economies and geographies can help gain business acumen for better strategic decision-making. Our market coverage across different industry verticals reveals the hidden truth about the players' strategies in different verticals and helps the organization decide target audience. This report gives you the composite view of sub-markets coupled with comprehensive industry coverage and provides you with the right way of accounting factors such as norms & regulations, culture, to make right coverage strategy for your market plan.

This research report categorizes the induction cooktops to forecast the revenues and analyze the trends in each of the following sub-markets:

Product:

• Built-in Induction Cooktops
• Free-standing & Portable Induction Cooktops

Use:

• Commercial
• Residential

Style:

• Muti-Element
• Single Element

Distribution:

• Offline
• Online

Region:

• Americas
  • Argentina
  • Brazil
  • Canada
  • Mexico
  • United States
    • California
    • Florida
    • Illinois
    • New York
    • Ohio
    • Pennsylvania
    • Texas
• Asia-Pacific
  • Australia
  • China
  • India
  • Indonesia
  • Japan
  • Malaysia
  • Philippines
  • Singapore
  • South Korea
  • Taiwan
  • Thailand
• Europe, Middle East & Africa
  • France
  • Germany
  • Italy
  • Netherlands
  • Qatar
  • Russia
  • Saudi Arabia
  • South Africa
  • Spain
  • United Arab Emirates
  • United Kingdom

Company Usability Profiles:

• Bajaj Electricals
• Borosil
• Electrolux Group
• iBELL
• Inalsa Appliances Ltd.
• KENT RO Systems Ltd
• Koninklijke Philips N.V.
• LG Electronics, Inc.
• Miele Group
• Panasonic Corporation
• Robert Bosch GmbH
• SMEG S.p.A.
• Stovekraft Limited
• Sub-Zero Group, Inc.
• TTK Prestige Ltd.
• V-Guard Industries Ltd
• Whirlpool Corporation
• Wonderchef Home Appliances Pvt. Ltd.