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Electric Stoves Market 2022- Revenue Analysis, Growth, Trends, Segmentation and Regional Forecast 2031
Electric Stoves Market
The regions covered in the Electric Stoves market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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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.
Key competitors in the Electric Stoves market include Philips, Panasonic, Haier Group, AB Electrolux, Bosch, Broseley Fires, Esse, Faber, Galanz, GE, Whirlpool, and Sunpentown.
The global electric stoves market size is expected to grow from $20.40 billion in 2021 to $21.04 billion in 2022 at a compound annual growth rate (CAGR) of 3.1%.The growth in the market 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 electric stove market is expected to reach $21.70 billion in 2026 at a CAGR of 0.8%.
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TBRC's report segments the global Electric Stoves market:
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
Read further on the Electric Stoves market here:
https://www.thebusinessresearchcompany.com/report/electric-stoves-global-market-report
The Table of Contents includes:
1. Executive Summary
2. Electric Stoves Market Characteristics
3. Electric Stoves Market Trends And Strategies
4. Impact Of COVID-19 On Electric Stoves Market
5. Electric Stoves Market Size And Growth
.....
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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