Press release
(2022-2031) Electric Stoves Market Competitive Landscape, Growth Factors, Revenue Analysis
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%.The Business Research Company offers the Electric Stoves Global Market Report 2022 in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.
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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.
Some key electric stove market players are Philips, Panasonic, Haier Group, AB Electrolux, Bosch, Broseley Fires, Esse, Faber, Galanz, GE, Whirlpool, and Sunpentown
The countries covered in the global electric stove 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 stove market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Electric Stove Market Segmentation:
By Product
1.Built-In
2.Free-Standing
By Material
1.Metal Stove
2.Stone Stove
3.Ceramic Stove
By Application
1.Residential Use
2.Commercial Use
3.Industrial Use
See More On The Report At https://www.thebusinessresearchcompany.com/report/electric-stoves-global-market-report
The Report's 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
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
This report covers the trends and market dynamics of the electric stove market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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