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INDUCTION HOBS

Global Market Trajectory & Analytics

MCP12569

VALIDATED EXECUTIVE ENGAGEMENTS

Number of executives repeatedly engaged by snail & email outreach*

POOL + OUTREACH

758

Interactions with Platform & by Email *

INTERACTIONS

152

Unique # Participated *

PARTICIPANTS

32

Responses Validated *

VALIDATIONS

14

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  •  DATE

    JULY 2020

  •  TABLES

    108

  •  PAGES

    184

  •  EDITION

    6

  •  PRICE

    USD $4950

COVID-19 IMPACT SURVEY
Amid the COVID-19 crisis, the global market for Induction Hobs estimated at US$11.1 Billion in the year 2020, is projected to reach a revised size of US$15.2 Billion by 2027, growing at a CAGR of 4.6% over the period 2020-2027.Free standing & portable cooktops, one of the segments analyzed in the report, is projected to grow at a 4.4% CAGR to reach US$10.5 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Built-in cooktops segment is readjusted to a revised 5% CAGR for the next 7-year period. This segment currently accounts for a 29.9% share of the global Induction Hobs market.
The Induction Hobs market in the U.S. is estimated at US$3 Billion in the year 2020. The country currently accounts for a 27.12% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$3.1 Billion in the year 2027 trailing a CAGR of 7% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.5% and 4.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.8% CAGR while Rest of European market (as defined in the study) will reach US$3.1 Billion by the year 2027.We bring years of research experience to this 6th edition of our report. The 184-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others, Electrolux AB; LG Electronics Inc.; Panasonic Corporation; Robert Bosch GmbH; Whirlpool Corporation
» Product Type (Free standing & portable cooktops, Built-in cooktops)
» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » Spain » Russia » and Rest of Europe » Asia-Pacific » Australia » India » South Korea » and Rest of Asia-Pacific » Latin America » Argentina » Brazil » Mexico » and Rest of Latin America » Middle East » Iran » Israel » Saudi Arabia » United Arab Emirates » and Rest of Middle East » and Africa

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