Press release
2020 Electric Stoves Market Trends, Segmentation, Production Values, Material, Demand, Brand Shares And Forecast To 2023
Electric Stoves Market
The global electric stoves market was worth $2.3 billion in 2019. It is expected to grow at a compound annual growth rate (CAGR) of 9.45% and reach $3.3 billion by 2023
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The electric stove market includes sales of electric stoves that convert electricity to heat and serve as an alternative for gas stoves. Electric stoves contain a thermostat, spiral or coil shaped burners placed on top and heat-producing elements for baking and cooking.
Growing popularity of energy-efficient cooking appliances is expected to increase the demand for electric stoves. Cooking efficiency of electric stoves is high when compared to gas cooktops as majority of the heat energy through gas cooktops is not transferred while cooking. Electric stoves are designed to consume minimum energy and provide easy temperature control.
Electric Stoves Market Segmentation:
By Product
1.Built in
2.Free-Standing
By Material
1.Metal Stove
2.Stone Stove
3.Ceramic Stove and Others
By Application
1.Residential Use
2.Commercial Use
3.Industrial Use
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Few Points From Table Of Content
1. Executive Summary
2. Electric Stoves Market Characteristics
3. Electric Stoves Market Size And Growth
4. Electric Stoves Market Segmentation
5. Electric Stoves Market Regional And Country Analysis
....
25. Electric Stoves Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Electric Stoves Market
27. Electric Stoves Market Trends And Strategies
28. Electric Stoves Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the electric stoves market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the electric stoves market are Philips, Panasonic, Haier Group, AB Electrolux, Bosch, Broseley Fires, Esse, Faber, Galanz, GE.
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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