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Microwave Oven Market 2023 Segmented by Top Companies like: Galanz, Midea, Electrolux, Whirlpool, Panasonic, Samsung, Daewoo, BSH Home Appliances, SHARP, LG, Brandt, GE (Haier)

10-13-2018 12:01 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Research Reports Inc.

Microwave Oven Market

Microwave Oven Market

In this report, RRI Information covers the present scenario (with the base year being 2017) and the growth prospects of global Microwave Oven market for 2018-2023.

Microwave oven is a kitchen appliance that heats and cooks food by exposing it to electromagnetic radiation in the microwave frequency range. This induces polar molecules in the food to rotate and produce thermal energy in a process known as dielectric heating. Microwave ovens heat foods quickly and efficiently because excitation is fairly uniform in the outer 25–38 mm (1–1.5 inches) of a homogeneous, high water content food item; food is more evenly heated throughout than generally occurs in other cooking techniques.

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Currently, there are many producing companies in the world. The main market players are Galanz, Midea, Electrolux, WhirRRIool, Panasonic, Samsung, Daewoo, BSH Home Appliances,
SHARP, LG, Brandt, GE (Haier), Candy Group, Moulinex, Breville and so on. The production value of Microwave Ovens is about 8000.1 Million USD in 2017.

China is the largest production regions of Microwave Ovens, with a production value market share nearly 48.89% in 2017.

The second place is Europe; following China with the production value market share over 15.14% in 2017. North America is another important production market of Microwave Ovens.

Microwave Ovens used in Household and Commercial places. Report data showed that 68.69% of the Microwave Ovens market demand in Household and 31.31% in Commercial in 2017.

There are three kinds of Commercial Microwave Ovens, which are Under 1 Cu. Ft Type, 1 to 1.9 Cu. Ft Type and Over 2 Cu.ft Type. Under 1 Cu. Ft Type is important in the Microwave Ovens, with a production market share nearly 57.35% in 2017.

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Briefly speaking, in the next few years, Microwave Ovens industry will still be a relative steady industry. Sales of Microwave Ovens have brought a lot of opportunities, there will more companies enter into this industry, especially in developing countries.

Over the next five years, RRI(RRI Information) projects that Microwave Oven will register a 4.5% CAGR in terms of revenue, reach US$ 10400 million by 2023, from US$ 8000 million in 2017.

This report presents a comprehensive overview, market shares, and growth opportunities of Microwave Oven market by product type, application, key manufacturers and key regions.

To calculate the market size, RRI Information considers value and volume generated from the sales of the following segments:

Segmentation by product type:
Under 1 Cu. Ft Type
1 to 1.9 Cu. Ft Type
Over 2 Cu.ft Type
Segmentation by application:
Household Use
Commercial Use

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
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Galanz
Midea
Electrolux
WhirRRIool
Panasonic
Samsung
Daewoo
BSH Home Appliances
SHARP
LG
Brandt
GE (Haier)
Candy Group
Moulinex
Breville

Table of Contents

2018-2023 Global Microwave Oven Consumption Market Report

1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered

2 Executive Summary
2.1 World Market Overview
2.1.1 Global Microwave Oven Consumption 2013-2023
2.1.2 Microwave Oven Consumption CAGR by Region
2.2 Microwave Oven Segment by Type
2.2.1 Under 1 Cu. Ft Type
2.2.2 1 to 1.9 Cu. Ft Type
2.2.3 Over 2 Cu.ft Type
2.3 Microwave Oven Consumption by Type
2.3.1 Global Microwave Oven Consumption Market Share by Type (2013-2018)
2.3.2 Global Microwave Oven Revenue and Market Share by Type (2013-2018)
2.3.3 Global Microwave Oven Sale Price by Type (2013-2018)
2.4 Microwave Oven Segment by Application
2.4.1 Household Use
2.4.2 Commercial Use
2.5 Microwave Oven Consumption by Application
2.5.1 Global Microwave Oven Consumption Market Share by Application (2013-2018)
2.5.2 Global Microwave Oven Value and Market Share by Application (2013-2018)
2.5.3 Global Microwave Oven Sale Price by Application (2013-2018)

3 Global Microwave Oven by Players
3.1 Global Microwave Oven Sales Market Share by Players
3.1.1 Global Microwave Oven Sales by Players (2016-2018)
3.1.2 Global Microwave Oven Sales Market Share by Players (2016-2018)
3.2 Global Microwave Oven Revenue Market Share by Players
3.2.1 Global Microwave Oven Revenue by Players (2016-2018)
3.2.2 Global Microwave Oven Revenue Market Share by Players (2016-2018)
3.3 Global Microwave Oven Sale Price by Players
3.4 Global Microwave Oven Manufacturing Base Distribution, Sales Area, Product Types by Players
3.4.1 Global Microwave Oven Manufacturing Base Distribution and Sales Area by Players
3.4.2 Players Microwave Oven Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2016-2018)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion

4 Microwave Oven by Regions
4.1 Microwave Oven by Regions
4.1.1 Global Microwave Oven Consumption by Regions
4.1.2 Global Microwave Oven Value by Regions
4.2 Americas Microwave Oven Consumption Growth
4.3 APAC Microwave Oven Consumption Growth
4.4 Europe Microwave Oven Consumption Growth
4.5 Middle East & Africa Microwave Oven Consumption Growth

5 Americas
5.1 Americas Microwave Oven Consumption by Countries
5.1.1 Americas Microwave Oven Consumption by Countries (2013-2018)
5.1.2 Americas Microwave Oven Value by Countries (2013-2018)
5.2 Americas Microwave Oven Consumption by Type
5.3 Americas Microwave Oven Consumption by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Key Economic Indicators of Few Americas Countries

6 APAC
6.1 APAC Microwave Oven Consumption by Countries
6.1.1 APAC Microwave Oven Consumption by Countries (2013-2018)
6.1.2 APAC Microwave Oven Value by Countries (2013-2018)
6.2 APAC Microwave Oven Consumption by Type
6.3 APAC Microwave Oven Consumption by Application
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 Key Economic Indicators of Few APAC Countries

7 Europe
7.1 Europe Microwave Oven by Countries
7.1.1 Europe Microwave Oven Consumption by Countries (2013-2018)
7.1.2 Europe Microwave Oven Value by Countries (2013-2018)
7.2 Europe Microwave Oven Consumption by Type
7.3 Europe Microwave Oven Consumption by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
7.9 Spain
7.10 Key Economic Indicators of Few Europe Countries

8 Middle East & Africa
8.1 Middle East & Africa Microwave Oven by Countries
8.1.1 Middle East & Africa Microwave Oven Consumption by Countries (2013-2018)
8.1.2 Middle East & Africa Microwave Oven Value by Countries (2013-2018)
8.2 Middle East & Africa Microwave Oven Consumption by Type
8.3 Middle East & Africa Microwave Oven Consumption by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries

9 Market Drivers, Challenges and Trends
9.1 Market Drivers and Impact
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends

10 Marketing, Distributors and Customer
10.1 Sales Channel
10.1.1 Direct Marketing
10.1.2 Indirect Marketing
10.2 Microwave Oven Distributors
10.3 Microwave Oven Customer

11 Global Microwave Oven Market Forecast
11.1 Global Microwave Oven Consumption Forecast (2018-2023)
11.2 Global Microwave Oven Forecast by Regions
11.2.1 Global Microwave Oven Forecast by Regions (2018-2023)
11.2.2 Global Microwave Oven Value Forecast by Regions (2018-2023)
11.2.3 Americas Consumption Forecast
11.2.4 APAC Consumption Forecast
11.2.5 Europe Consumption Forecast
11.2.6 Middle East & Africa Consumption Forecast
11.3 Americas Forecast by Countries
11.3.1 United States Market Forecast
11.3.2 Canada Market Forecast
11.3.3 Mexico Market Forecast
11.3.4 Brazil Market Forecast
11.4 APAC Forecast by Countries
11.4.1 China Market Forecast
11.4.2 Japan Market Forecast
11.4.3 Korea Market Forecast
11.4.4 Southeast Asia Market Forecast
11.4.5 India Market Forecast
11.4.6 Australia Market Forecast
11.5 Europe Forecast by Countries
11.5.1 Germany Market Forecast
11.5.2 France Market Forecast
11.5.3 UK Market Forecast
11.5.4 Italy Market Forecast
11.5.5 Russia Market Forecast
11.5.6 Spain Market Forecast
11.6 Middle East & Africa Forecast by Countries
11.6.1 Egypt Market Forecast
11.6.2 South Africa Market Forecast
11.6.3 Israel Market Forecast
11.6.4 Turkey Market Forecast
11.6.5 GCC Countries Market Forecast
11.7 Global Microwave Oven Forecast by Type
11.8 Global Microwave Oven Forecast by Application

12 Key Players Analysis
12.1 Galanz
12.1.1 Company Details
12.1.2 Microwave Oven Product Offered
12.1.3 Galanz Microwave Oven Sales, Revenue, Price and Gross Margin (2016-2018)
12.1.4 Main Business Overview
12.1.5 Galanz News
12.2 Midea
12.2.1 Company Details
12.2.2 Microwave Oven Product Offered
12.2.3 Midea Microwave Oven Sales, Revenue, Price and Gross Margin (2016-2018)
12.2.4 Main Business Overview
12.2.5 Midea News
12.3 Electrolux
12.3.1 Company Details
12.3.2 Microwave Oven Product Offered
12.3.3 Electrolux Microwave Oven Sales, Revenue, Price and Gross Margin (2016-2018)
12.3.4 Main Business Overview
12.3.5 Electrolux News
12.4 Whirlpool
12.4.1 Company Details
12.4.2 Microwave Oven Product Offered
12.4.3 Whirlpool Microwave Oven Sales, Revenue, Price and Gross Margin (2016-2018)
12.4.4 Main Business Overview
12.4.5 Whirlpool News
12.5 Panasonic
12.5.1 Company Details
12.5.2 Microwave Oven Product Offered
12.5.3 Panasonic Microwave Oven Sales, Revenue, Price and Gross Margin (2016-2018)
12.5.4 Main Business Overview
12.5.5 Panasonic News
12.6 Samsung
12.6.1 Company Details
12.6.2 Microwave Oven Product Offered
12.6.3 Samsung Microwave Oven Sales, Revenue, Price and Gross Margin (2016-2018)
12.6.4 Main Business Overview
12.6.5 Samsung News
12.7 Daewoo
12.7.1 Company Details
12.7.2 Microwave Oven Product Offered
12.7.3 Daewoo Microwave Oven Sales, Revenue, Price and Gross Margin (2016-2018)
12.7.4 Main Business Overview
12.7.5 Daewoo News
12.8 BSH Home Appliances
12.8.1 Company Details
12.8.2 Microwave Oven Product Offered
12.8.3 BSH Home Appliances Microwave Oven Sales, Revenue, Price and Gross Margin (2016-2018)
12.8.4 Main Business Overview
12.8.5 BSH Home Appliances News
12.9 SHARP
12.9.1 Company Details
12.9.2 Microwave Oven Product Offered
12.9.3 SHARP Microwave Oven Sales, Revenue, Price and Gross Margin (2016-2018)
12.9.4 Main Business Overview
12.9.5 SHARP News
12.10 LG
12.10.1 Company Details
12.10.2 Microwave Oven Product Offered
12.10.3 LG Microwave Oven Sales, Revenue, Price and Gross Margin (2016-2018)
12.10.4 Main Business Overview
12.10.5 LG News
12.11 Brandt
12.12 GE (Haier)
12.13 Candy Group
12.14 Moulinex
12.15 Breville

13 Research Findings and Conclusion

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Microwave Oven consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Microwave Oven market by identifying its various subsegments.
Focuses on the key global Microwave Oven manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Microwave Oven with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Microwave Oven submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

About us
Research Reports Inc. is one of the leading destinations for market research reports across all industries, companies, and technologies. Our repository features an exhaustive list of market research reports from thousands of publishers worldwide.

Contact us
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UK +4403308087757
Email- sales@researchreportsinc.com

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