Press release
Global Electric Stoves Market Learning and Development 2021-2030 | Philips, Panasonic, Haier Group, AB Electrolux, Bosch, Broseley Fires, Esse, Faber, Galanz, GE, Whirlpool
Electric Stoves Market
The electric stoves market report describes and explains the global electric stoves 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 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.
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 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 $25.52 billion in 2025 at a CAGR of 7%.
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Some of the major players of 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.
The global electric stoves market is segmented -
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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Few Points From Table Of Content
1. Executive Summary
2. Electric Stoves Market Characteristics
3. Electric Stoves Market Trends And Strategies
4. Impact Of COVID-19 On Electric Stoves
5. Electric Stoves Market Size And Growth
.....
26. Africa Electric Stoves Market
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
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