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Global Microwave Ovens Market - Estimated Revenue, New Business Scope And Application, Growth Factors, And Forecast To 2021-2030
Microwave Ovens Market
The microwave ovens market report describes and explains the global microwave ovens market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
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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.
The global microwave ovens market is expected to grow from $34.04 billion in 2020 to $36.51 billion in 2021 at a compound annual growth rate (CAGR) of 7.3%.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 market is expected to reach $47.13 billion in 2025 at a CAGR of 7%.
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Some of the major players of 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, AB Electrolux, Hoover Limited, Illinois Tool Works Inc., Galanz Enterprise Group, Amana, Bosch, Cuisinart, Frigidaire, GE, Kenmore, KitchenAid, Ali Group, Midea Group, Vulcan-Hart, Bakers Pride Oven Co. Inc., Frigidaire, Kenwood Limited.
The countries covered in the global microwave ovens 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 microwave ovens market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The global microwave ovens market is segmented -
1) By Product: Grill, Solo, Convection
2) By Application: Commercial, Household
3) By Structure: Counter Top, Built-In
4) By Distribution Channel: Specialty Stores, Supermarkets/Hypermarkets, Online Channel, Other Distribution Channel
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Few Points From Table Of Content
1. Executive Summary
2. Microwave Ovens Market Characteristics
3. Microwave Ovens Market Trends And Strategies
4. Impact Of COVID-19 On Microwave Ovens
5. Microwave Ovens Market Size And Growth
…
26. Africa Microwave Ovens Market
27. Microwave Ovens Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Microwave Ovens Market
29. Microwave Ovens Market Future Outlook and Potential Analysis
30. Appendix
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