Press release
Global Electric Stoves Market Report 2024-2033: Type, Distribution Channel, Regions, Company Analysis, Forecast
Electric Stoves Global Market
The Business Research Company's Electric Stoves Global Market Report 2024 identifies The rising demand for electric stoves as the major driver for the Electric Stoves market's growth in the forecast period. An electric stove is a kitchen appliance used for cooking and heating food by utilizing electricity as the energy source. Electric stoves are increasingly adopted as they offer consistent and even heating, making them suitable for a wide range of cooking methods.
The electric stoves market size has grown steadily in recent years. It will grow from $22.98 billion in 2023 to $23.63 billion in 2024 at a compound annual growth rate (CAGR) of 2.8%. The growth in the historic period can be attributed to electrification of homes, urbanization and apartment living, mass production, electrification of rural areas.
The electric stoves market size is expected to see steady growth in the next few years. It will grow to $26.01 billion in 2028 at a compound annual growth rate (CAGR) of 2.4%. The growth in the forecast period can be attributed to energy efficiency and sustainability, smart home integration, health and safety, compact living and urbanization, customization and aesthetics. Major trends in the forecast period include induction cooking, built-in and seamless designs, energy management and efficiency features, voice and app control, sustainable materials.
Download Free Sample Of Electric Stoves Market Report -
https://www.thebusinessresearchcompany.com/sample_request?id=2636&type=smp
Major competitors in the Electric Stoves market are Koninklijke Philips N.V., Panasonic Corporation, Haier Group Corporation, AB Electrolux, Robert Bosch GmbH, Broseley Fires, ESSE Engineering Ltd., Faber S.p.A., Galanz Group, General Electric Company, Whirlpool Corporation, Sunpentown International Inc., LG Electronics Inc., Fisher & Paykel Appliances Ltd.
A key trend in the Electric Stoves market includes Artificial Intelligence (AI). 3D medical imaging device manufacturers are increasingly investing in Artificial Intelligence (AI) to improve the diagnosis by giving accurate, hard-number measurements. AI provides efficiency in medical imaging, particularly when it comes to detecting organs or anomalies. For instance, by combining image visualization and AI, cardiologists can measure ejection fraction with high precision and in a much shorter period. Ejection fraction is a measurement of the percentage of blood leaving the heart each time it contracts.
Read More On The Global Electric Stoves Market Report Here:
https://www.thebusinessresearchcompany.com/report/electric-stoves-global-market-report
The Electric Stoves market is segmented -
1) By Product: Built in, Free-Standing
2) By Material: Metal Stove, Stone Stove, Ceramic Stove, Other Materials
3) By Application: Residential Use, Commercial Use, Industrial Use
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Electric Stoves market.
The Business Research Company's "Global Electric Stoves Market Report 2024" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
Explore Buying Options For The Electric Stoves Market Report Here:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=2636
The Table Of Content For The Electric Stoves Market Include:
1. Executive Summary
2. Electric Stoves Market Characteristics
3. Electric Stoves Market Trends And Strategies
4. Electric Stoves Market - Macro Economic Scenario
5. Global Electric Stoves Market Size and Growth
……
31. Global Electric Stoves Market Competitive Benchmarking
32. Global Electric Stoves Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Electric Stoves Market
34. Electric Stoves Market Future Outlook and Potential Analysis
Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Electric Stoves Market Report 2024-2033: Type, Distribution Channel, Regions, Company Analysis, Forecast here
News-ID: 3338437 • Views: …
More Releases from The Business research company
C-X-C Chemokine Receptor Type 2 Market on Track for Strong Growth, Estimated to …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the C-X-C Chemokine Receptor Type 2 Market Through 2025?
There has been a significant expansion in the market for C-X-C chemokine receptor type 2 in the past few years. The market is projected to increase from $1.24 billion in 2024 to $1.38 billion…
Top Market Shifts Transforming the Coenzyme Q10 Market Landscape: Key Insights
"Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Coenzyme Q10 Market Through 2025?
The market size of coenzyme Q10 has seen impressive expansion in the past years, with predictions stating an increase from $0.74 billion in 2024 up to $0.84 billion in 2025, implying a compound annual growth rate (CAGR)…
2025-2034 Chimeric Antibody Market Evolution: Disruptions, Innovations, and Unta …
"Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Chimeric Antibody Market Through 2025?
In recent times, there has been a swift expansion in the chimeric antibody market size. We can expect an increase from $12.27 billion in 2024 to $13.74 billion in 2025, reflecting a compound annual growth rate (CAGR)…
2025-2034 Chimeric Antibody Market Evolution: Disruptions, Innovations, and Unta …
"Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Chimeric Antibody Market Through 2025?
In recent times, there has been a swift expansion in the chimeric antibody market size. We can expect an increase from $12.27 billion in 2024 to $13.74 billion in 2025, reflecting a compound annual growth rate (CAGR)…
More Releases for Stove
Mastering Stove Repair: Essential Tips and Tricks
Fortunately, mastering stove repair doesn't have to be daunting. With the right knowledge and tools, you can troubleshoot and fix common issues, ensuring your stove operates efficiently for years to come.
Stove repair is an essential skill for any homeowner. A malfunctioning stove can disrupt daily routines, affect meal preparation, and pose safety hazards. Fortunately, mastering stove repair [https://www.google.com/search?Stove+Repair&kgmid=/g/11kyt_tkjz] doesn't have to be daunting. With the right knowledge and tools, you…
Gas Stove Burner Market Size 2024 to 2031.
Market Overview and Report Coverage
A gas stove burner is a crucial component of a gas stove that is used for cooking food by emitting flames. The gas stove burner market is expected to witness substantial growth in the coming years, with a projected CAGR of 5.00% during the forecasted period. This growth can be attributed to various factors such as increasing demand for energy-efficient and eco-friendly cooking appliances, technological…
Camping Wood Stove Market Growing Trends and Technology Forecast to 2030 | Aomiu …
Global "Camping Wood Stove Market" Research report is an in-depth study of the market Analysis. Along with the most recent patterns and figures that uncovers a wide examination of the market offer. This report provides exhaustive coverage on geographical segmentation, latest demand scope, growth rate analysis with industry revenue and CAGR status. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study…
Replacement Stove Knob Market: Increasing Demand for Replacement Parts and Acces …
Global Replacement Stove Knob Market Overview:
The Replacement Stove Knob market is a broad category that includes a wide range of products and services related to various industries. This market comprises companies that operate in areas such as consumer goods, technology, healthcare, and finance, among others.
In recent years, the Replacement Stove Knob market has experienced significant growth, driven by factors such as increasing consumer demand, technological advancements, and globalization. This growth…
Smart Stove Knob Market: Increasing Integration of IoT and Home Automation Drive …
Global Smart Stove Knob Market Overview:
The Smart Stove Knob market is a broad category that includes a wide range of products and services related to various industries. This market comprises companies that operate in areas such as consumer goods, technology, healthcare, and finance, among others.
In recent years, the Smart Stove Knob market has experienced significant growth, driven by factors such as increasing consumer demand, technological advancements, and globalization. This growth…
Portable Stove Market Report 2018: Segmentation by Product (Single-burner Stove, …
Global Portable Stove market research report provides company profile for Jinyu, Suntouch, Jetboil, MalloMe, Masterbuilt, Stansport, Coleman, Primus, Iwatani, Maxsum, Camp Chef and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also…
