Global Electric Ranges Market: Intense Competition but High Growth & Extreme Valuation| Key Players: Samsung Electronics

HTF MI added a new research study in its database with title 'Global Electric Ranges Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025' that includes detailed analysis, Competitive landscape, forecast and strategies. The study covers geographic analysis that includes regions like North America: United States, Canada, and Mexico and important players/vendors such as Haier US Appliance Solutions, Inc. (United States) , Whirlpool Corporation (United States) , Electrolux (Sweden) , Sears Holdings Corporation (United States) , Samsung Electronics Co., Ltd. (South Korea). The report will help user gain market insights, future trends and growth prospects for forecast period of 2025

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Summary
Industry Background:
An electric range or electric stove is a stove with an integrated electrical heating device to cook and bake. Electric range became popular as replacements for solid-fuel stoves which required more labor to operate and maintain. Some recent electric range come in a unit with built-in extractor hoods. Electric range burners can be controlled by a rotary switch with a finite number of positions, each of which involves a different combination of resistances and therefore a different heating power, or may have an infinite switch termed a simmerstat, some may have a thermostat.This growth is primarily driven by The Rising Disposable Income & Economic Development, The Adoption of Modular Kitchen and Home Appliances and Rapid Urbanization.

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Major Vendors, such as Haier US Appliance Solutions, Inc. (United States) , Whirlpool Corporation (United States) , Electrolux (Sweden) , Sears Holdings Corporation (United States) , Samsung Electronics Co., Ltd. (South Korea) , LG Electronics (Sweden) , Peerless Premier Appliance (United States) , Bosch (India) , Sharp (United States) and Fisher & Paykel Appliances, Inc. (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.

On 8 Jan 2018, Whirlpool has launched Smart Front Control Range, is designed to get dinner quickly on the table. The consumer can use a smartphone or tablet to get the right settings every time for frozen foods with scan-to-cook technology. The product has multiple features such as voice control capabilities, colorful LCD display, and multi-step cooking capabilities.

Market Trend

Market Drivers
• The Rising Disposable Income & Economic Development
• The Adoption of Modular Kitchen and Home Appliances
• Rapid Urbanization

Opportunities
• Emerging Demand from Economies

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AdvanceMarketAnalytics follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization of the Report:

The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase

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Major Highlights of TOC:
Chapter One: Global Electric Ranges Market Industry Overview
1.1 Electric Ranges Industry
1.1.1 Overview
1.1.2 Products of Major Companies
1.2 Electric Ranges Market Segment
1.2.1 Industry Chain
1.2.2 Consumer Distribution
1.3 Price & Cost Overview

Chapter Two: Global Electric Ranges Market Demand
2.1 Segment Overview
2.1.1 APPLICATION 1
2.1.2 APPLICATION 2
2.1.3 Other
2.2 Global Electric Ranges Market Size by Demand
2.3 Global Electric Ranges Market Forecast by Demand

Thanks for reading this article, you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

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