Press release
Microwave Ovens Market 2020 | Covid-19 Impact | Industry Business Outlook, Revenue, Trends and Forecasts 2023
The Business Research Company offers "Microwave Ovens Global Market Report 2020" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trend s and strategies that players in the market can adopt.The global microwave ovens market was worth $21.8 billion in 2019. It is expected to grow at a compound annual growth rate (CAGR) of 13.04% and reach $35.6 billion by 2023.
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The microwave ovens market includes sales of electric ovens that cook food by exposing it to electromagnetic radiation in the microwave frequency range.
Companies in the household cooking appliance market are increasingly launching technologically-advanced multi-functional ovens to cater to the rising demand for multi-functional appliances with additional benefits. These multi-functional ovens use a wide range of methods to provide customized and easy cooking. These ovens use devices to guide and instruct users in the process of cooking. Apart from these, they also come with catalytic and pyrolytic self-cleaning functions. The catalytic self-cleaning feature allows the use of special chemical installed liners to absorb grease, while the pyrolytic self-cleaning function of these ovens allows them to clean the dirt and grease using high temperatures.
Microwave Ovens Market Segmentation:
By Type
1. Grill
2. Solo
3. Convection
By Application
1. Commercial
2. Household
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Few Points From Table Of Content
1. Executive Summary
2. Microwave Ovens Market Characteristics
3. Microwave Ovens Market Size And Growth
4. Microwave Ovens Market Segmentation
5. Microwave Ovens Market Regional And Country Analysis
……
25. Microwave Ovens Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Microwave Ovens Market
27. Microwave Ovens Market Trends And Strategies
28. Microwave Ovens Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the microwave ovens 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 microwave ovens market are Sharp Corporation, LG Electronics Inc, Electrolux AB, Alto-Shaam Inc, Panasonic Corporation, Samsung Electronics, Dongbu Daewoo Electronics, Whirlpool Corporation, SMEG, Haier Group Corporation.
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About US:
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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