Press release
(2022-2031) Microwave Ovens Market Statistical Data Analysis, Major Key Players : Sharp Corporation, LG Electronics Inc, Electrolux AB, Alto-Shaam Inc, Panasonic Corporation
Microwave Ovens Market
The regions covered in the microwave ovens market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest microwave ovens share.
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The microwave ovens market consists of revenues generated by entities (organizations, sole traders, or partnerships) that carry out design, manufacturing, and sales of microwave ovens. The market includes sales of electric ovens that cook food by exposing it to electromagnetic radiation in the microwave frequency range.
Key competitors in 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, and Haier Group Corporation.
The global microwave ovens market size is expected to grow from $41.50 billion in 2021 to $42.94 billion in 2022 at a compound annual growth rate (CAGR) of 3.5%. 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 microwave oven market is expected to reach $45.31 billion in 2026 at a CAGR of 1.4%.
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TBRC's report segments the global microwave ovens market:
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
Read Further On The Microwave Ovens Market Here:
https://www.thebusinessresearchcompany.com/report/microwave-ovens-global-market-report
The Table of Contents includes:
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
.....
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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