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Electric Grill Market to Worth US$ 5.26 Bn by 2027 - COVID-19 Impact and Global Analysis by TheInsightPartners.com

09-14-2021 06:39 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: The Insight Partners

/ PR Agency: The Insight Partners
The Insight Partners

The Insight Partners

According to our latest market study on "Electric Grill Market to 2027 – COVID-19 Impact and Global Analysis and Forecast – by Type (Indoor Grill and Outdoor Grill), End-use (Residential and Commercial), and Geography," the market was valued at US$ 3.04 billion in 2019 and is projected to reach US$ 5.26 billion by 2027; it is expected to grow at a CAGR of 7.2% from 2020 to 2027. The report highlights the key factors driving the market growth, and prominent players and their developments in the market.

The growing health issues due to smoked and grilled activities are surging the demand for electric grills worldwide, as it is smokeless and mitigates health-related issues such as heart diseases and cancer. With its innovative infrared technology, it limits the harmful impact, which is caused by other types of grills. North America accounted for the highest market share in 2019 as the region is technologically advanced and the manufacturers in the region are highly focused on integrating innovative connected technologies into cooking appliances, which are in line with consumer demand for convenience and saves their time and energy.

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The Bluetooth and Wi-Fi-integrated electric grills are gaining the center stage among wealthy consumers in the region. The electric grills are anticipated to witness an increased demand in the near future in APAC owing to its versatility for indoor and outdoor use and energy-efficient attributes. Additionally, enthusiasm for spicy food in various Asian countries such as India and South Korea is also likely to denote a lucrative growth rate for electric grill market during the forecast period.

The report profiles the key players in the industry, along with a detailed analysis of their individual positions against the global landscape. The study conducts a SWOT analysis to evaluate strengths and weaknesses of the key players in the Electric Grill market. The researcher provides an extensive analysis of the Electric Grill market size, share, trends, overall earnings, gross revenue, and profit margin to accurately draw a forecast and provide expert insights to investors to keep them updated with the trends in the market.

Competitive scenario:

The study assesses factors such as segmentation, description, and applications of Electric Grill industries. It derives accurate insights to give a holistic view of the dynamic features of the business, including shares, profit generation, thereby directing focus on the critical aspects of the business.

The final report will add the analysis of the Impact of Covid-19 in this report Electric Grill Market.

Adapting to the recent novel COVID-19 pandemic, the impact of the COVID-19 pandemic on the global Electric Grill Market is included in the present report. The influence of the novel coronavirus pandemic on the growth of the Electric Grill Market is analysed and depicted in the report.

Some of the companies competing in the Electric Grill Market are 

Char-Broil LLC
ElectriChef
Cuisinart
Kenyon International, Inc.
FIRE MAGIC
De’ Longhi Appliances S.r.l.
Roller Grill International S.A.S
Taylor Commercial Foodservice, LLC
Groupe SEB
Weber-Stephen Products (HK) Ltd.

Segmentation

The Electric Grill Market has been segmented on the basis of different aspects. The market is also segmented according to region. The Electric Grill Market has been segmented into Latin America, North America, Asia Pacific, Europe, and the Middle East & Africa on the basis of region

Research Methodology

The report has its roots definitely set in thorough strategies provided by the proficient data analysts. The research methodology involves the collection of information by analysts only to have them studied and filtered thoroughly in an attempt to provide significant predictions about the market over the review period. The research process further includes interviews with leading market influencers, which makes the primary research relevant and practical. The secondary method gives a direct peek into the demand and supply connection. The market methodologies adopted in the report offer precise data analysis and provides a tour of the entire market. Both primary and secondary approaches to data collection have been used. In addition to these, publicly available sources such as SEC filings, annual reports, and white papers have been used by data analysts for an insightful understanding of the market. The research methodology clearly reflects an intent to extract a comprehensive view of the market by having it analyzed against many parameters. The valued inputs enhance the report and offer an edge over the peers.

Drivers & Constraints

The Electric Grill Market rests united with the incidence of leading players who keep funding to the market’s growth significantly every year. The report studies the value, volume trends, and the pricing structure of the market so that it could predict maximum growth in the future. Besides, various suppressed growth factors, restraints, and opportunities are also estimated for the advanced study and suggestions of the market over the assessment period.

Electric Grill Market Segmented by Region/Country: North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America

Interested in purchasing this Report?  Click here @ https://bit.ly/3tFTXE6

Thanks for reading this release; you can also customize this report to get select chapters or region-wise coverage with regions such as Asia, North America, and Europe.

Contact US:

If you have any queries about this report or would like further information, please contact us:

North America: +1 646 491 9876

Asia-Pacific: +91 20 6727 8686

Email: sales@theinsightpartners.com

ABOUT US:

The Insight Partners is a one stop industry research provider of actionable solutions. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are specialist in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

Our research model is very simple. We believe in client servicing and delivering best quality to our customers. Through our research content, we are making sure that our customers get the value of their money along with better quality data and analysis.

Our research content is majorly focused on market trends in terms of market sizing, competitive landscaping, company analysis, regional or country analysis etc. We provide a detailed break-up of segmentation in terms of geography, technology, product and services etc.; which helps our clients to get deeper analysis on various research topics.

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