Electric Stoves Market Industry Analysis, Top Companies, Demand and Opportunity 2021-2025

The global electric stoves market is expected to grow from $18.47 billion in 2020 to $19.81 billion in 2021 at a compound annual growth rate (CAGR) of 7.3%. The market is expected to reach $25.52 billion in 2025 at a CAGR of 7%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges.

The Business Research Company offers "Electric Stoves Global Market Report 2021" 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 trends and strategies that players in the market can adopt.

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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.

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, Whirlpool, Sunpentown, LG Electronics, Fisher and Paykel, Smeg, True Induction, Miele, Waring, MENU SYSTEM, Chinducs, Vollrath, Fusibo, Summit Appliance, Sub-Zero Wolf, Andong.

The countries covered in the global electric stoves market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.

The regions covered in the global electric stoves market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Electric Stoves Market Segmentation:
1) By Product: Built in, Free-Standing
2) By Material: Metal Stove, Stone Stove, Ceramic Stove, Others
3) By Application: Residential Use, Commercial Use, Industrial Use

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A Few Points From The 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
……
27. Electric Stoves Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Electric Stoves Market
29. Electric Stoves Market Future Outlook and Potential Analysis
30. 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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