Press release
Electrical Cooktops Market to Witness Robust Expansion by 2023
Electrical Cooktops is a flat piece of equipment for cooking that is built into a kitchen countertop and that usually has four devices (called burners) that become hot when turned on.
In the last several years, the development of global electrical cooktops is relative stable with average growth rate of 2.68%. In 2016, the global production of electrical cooktops is nearly 2012.3 K units.
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Global Electrical Cooktops Market: Forecast by Type / Application / Region
China is the largest production market of electrical cooktops with market share more than 28%. Europe is the largest consumer of electrical cooktops with market share about29.59% in 2016..in general; china is the most important player in the global market of electrical cooktops.
Every year, there is millions of electrical cooktops exported to India, Taiwan, USA and Europe from china. Giant manufacturers like Midea and Haier not only dominated the local market, but also occupied large market share in other regions.
Over the next five years, LPI(LP Information) projects that Electrical Cooktops will register a 1.6% CAGR in terms of revenue, reach US$ 1920 million by 2023, from US$ 1770 million in 2017.
Global Electrical Cooktops Market: Key Players
Electrolux
Bosch Home Appliances
Midea
Whirlpool
GE Appliance
Kenmore
Smeg
Fisher & Paykel
Thermador
Baumatic
Haier Group
LG
Asko
Subzero Wolf
Summit Appliance
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Related Information:
United States Electrical Cooktops Market Research Report 2018
Europe Electrical Cooktops Market Research Report 2018
North America Electrical Cooktops Market Research Report 2018
Asia-Pacific Electrical Cooktops Market Research Report 2018
China Electrical Cooktops Market Research Report 2018
EMEA Electrical Cooktops Market Research Report 2018
Global Electrical Cooktops Market Research Report 2018
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