Press release
Electric Rice Cooker Market Estimated to Flourish by 2027 – Aroma Housewares, Cusinart, Havells
An electric rice cooker is an electrical appliance which use electricity instead of gas to cook the rice. The electric rice cooker is equipped with controls which allows user to control the time and temperature of the cooking process, further, the electric rice cookers are also integrated with predefined cooking programs. The electric rice cookers can reach temperature of up to hundred degree Celsius.Competitive Landscape: Electric Rice Cooker Market: Aroma Housewares Company, Bajaj Electricals, Cusinart, Havells, Panasonic, Phillips, Sunbeam Products, Inc., TIGER CORPORATION, Toshiba Corporation, Zojirushi Corporation.
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NOTE: Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers post COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.
The electric rice cooker market is experiencing significant growth owing to increasing need for cooking the rice and rice dishes quickly and automatically across the globe. However, the lack of adoption of electric rice cooker in certain countries due is hampering the growth of the electric rice cooker market. Meanwhile, the growing consumer spending on kitchen appliances is anticipated to propel the electric rice cooker market in forth coming future.
Based on Product, the market has been segmented into: Standard, Induction, Other
Based on Application, the market has been segmented into: Residential, Commercial, Other.
Moreover, the report elaborates different internal and external factors of the global Electric Rice Cooker market. Data related to organizations such as the sales amassed by the manufacturers have also been mentioned. The report offers data related to the firm’s price models along with gross margins. The report further focuses on market dynamics, growth drivers, developing market segments, and the market growth curve based on past, present, and future market data.
To comprehend global Electric Rice Cooker market dynamics in the world mainly, the worldwide market is analyzed across major global regions: North America (United States, Canada and Mexico), Europe (Germany, France, United Kingdom, Russia and Italy), Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia), South America (Brazil, Argentina), Middle East & Africa (Saudi Arabia, UAE, Egypt and South Africa).
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The Key Highlights of the Report:
• Estimates on market size by key regions/countries, product type and application, history data from 2020 to 2027, and forecast to 2027.
• The structure of global Electric Rice Cooker market by identifying its various sub-segments
• Analysis of the value, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
• Detailed information about the key factors influencing the growth of the market including growth potential, opportunities, drivers, industry-specific challenges and risks.
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
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