Press release
Growing demand of Induction Hobs Market | Bosch, Electrolux, Haier Electronics, LG Electronics, Panasonic, and Whirlpool. Other prominent vendors in the market are: Arcelik
The analysts forecast global induction hobs market to grow at a CAGR of +7% during the period 2019-2025This study report on global Induction Hobs market throws light on the crucial trends and dynamics impacting the development of the market, including the restraints, drivers, and opportunities. A number of analysis tools such as Porter’s five forces analysis and SWOT analysis have been employed to provide an accurate understanding of this market. The report is a compilation of information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
Global induction hobs market research says focus on aesthetics and multiple features in induction hobs will be one of the major trends in the market.
Factors such as high efficiency of induction cooktops, a rise in the number of working women, growing inclination towards smart kitchens, and a rise in the discretionary income of consumers are boosting the sales of induction cooktops. Induction cooktops heat up faster and distribute heat evenly, are easier to clean, and cool down quickly when the power is switched off so that there is no heat wastage. Owing to such benefits, induction cooktops are gaining massive popularity across the world.
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Top key vendors: Some of the key players in the market include Bosch, Electrolux, Haier Electronics, LG Electronics, Panasonic, and Whirlpool. Other prominent vendors in the market are: Arcelik, Gorenje, Gree Electric Appliances, Groupe SEB, Hisense Group, Kenmore, Middleby Corporation, Midea Group, Miele, Koninklijke Philips, SHARP, and SMEG.
Major classifications are as follows:
Built-in induction hobs
Free-standing/ portable induction hobs
Major applications are as follows:
EASRs
Hypermarkets and supermarkets and general merchandizers
Department stores
Others (discount retailersonline)
Target Audience of Induction Hobs Market:
Manufacturer / Potential Investors
Traders, Distributors, Wholesalers, Retailers, Importers and Exporters.
Association and government bodies.
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The major growth drivers, challenges, and trends influencing the global Induction Hobs market are inspected at length. The report also presents a thorough qualitative and quantitative data affecting to the projected impact of these factors on market’s future growth prospects.
Charts, graphs, statistics, and tables have been included wherever required to present the information in a clear manner. This study is also presented on geography wise. Every region key factors are provided which is attracting this market towards growth. The research report also analyzes the market hierarchy carrying out a SWOT analysis of the key players operating in the global Induction Hobs market.
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Key questions answered in the report include:
• What will the market size and the growth rate be in 2025?
• What are the key factors driving the global Induction Hobs market?
• What are the key market trends impacting the growth of the global market?
• What are the challenges to Induction Hobs market growth?
• Who are the key vendors in the global market?
• What are the market opportunities and threats faced by the vendors in the global Induction Hobs market?
Some major points fromTable of Content:
Global Induction Hobs Market Research Report 2019-2025
Chapter 1: Induction Hobs market Overview
Chapter 2: Induction Hobs market Economic Impact
Chapter 3: Competition by Manufacturer
Chapter 4: Production, Revenue (Value) by Region (2019-2025)
Chapter 5: Supply (Production), Consumption, Export, Import by Regions (2019-2025)
Chapter 6: Production, Revenue (Value), Price Trend by Type
Chapter 7: market Analysis by Application
Chapter 8: Induction Hobs Market by Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Continued ..
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