Global Household Induction Cooktops Market Outlook and Trend, Forecast till 2022


Published on : Aug 08, 2017

Albany, New York, August 8, 2017: Household induction cooktops are the energy efficient cooking solution. Presently, the market for this equipment is driven by the rise in disposable income of the consumers coupled with the trend for smart kitchen merged with health and safety benefits. To discuss in detail, Market Research Hub (MRH) has recently added a research study titled as “Global Household Induction Cooktops Market Professional Survey Report 2017” to its vast report repository. This is a global market analysis with detailed analysis based on production, revenue, consumption, import and export in main regions, evaluated from 2012 to 2016, and forecast till 2022.

Induction cooktop heats a cooking vessel by magnetic induction, instead of thermal conduction from a flame or an electrical heating element. Due to inductive heating, which directly heats the vessel, very rapid increases in temperature can be achieved and thus it proved to be energy efficient. Moreover, the market is rising owing to various reasons such as the rise in gas and electricity price, used in conventional cooking. Moreover, the modular kitchen trend has further risen the induction cooktop market.

Firstly, the provided intelligent study commences with the household induction cooktops market overview that provides the definition, specification, and detailed segment analysis by classification, application, and region. The classification includes built-in and freestanding & portable household induction cooktops. Moreover, the various application comprise of home use and commercial use. On the regional analysis, the report details various regions such as North America, China, Europe, Southeast Asia, Japan, and India.

Secondly, the manufacturing cost structure is analyzed for household induction cooktops. It evaluates various raw material & suppliers, manufacturing cost structure analysis, manufacturing process analysis and lastly industry chain structure of household induction cooktops. Moving further, the research discusses the technical data and manufacturing plants of the cooktops, followed by the 2012-2017 overall market overview, capacity analysis, sales & growth rate analysis and sales price analysis based on company segment.

Thirdly, the study talks about the above-listed regions market analysis highlighting local supply, import, export and local consumption analysis. The segregation done by type and application is also accessed for consumption, product drivers, and growth drivers. Lastly, the major manufacturers are listed which comprise of LG Electronics Inc., Whirlpool Corporation, Koninklijke Philips N.V., TTK Prestige Ltd, Sub-Zero Group, Inc., Philips, Miele Group, Panasonic, Midea, SUPOR, Galanz, and Bosch. 

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