Global Built-In Microwave Market to Experience 5.5% CAGR from 2022 to 2030: Household Applications and Below 22 L Segment to Dominate the Market

The Global Built-In Microwave Market is geared up for accelerated growth with an anticipated Compound Annual Growth Rate (CAGR) of 5.5% from 2022 to 2030, according to the newly published report by Dataintelo. The impressive advancement in the market can be credited to a rising preference for compact and energy-efficient appliances, augmented disposable income, and expanding urbanization. Of various categories, the below 22 L segment is poised to seize the largest share this year, with expectations to progress at a robust CAGR of 6% over the eight-year forecast period. When looking at applications, household applications are projected to dominate the market share in 2022.

The market growth is primarily driven by factors such as the surge in demand for smart and innovative kitchen appliances and the expansion of smart homes globally. As consumers are becoming more inclined to adopt smart and energy-efficient products, big players are investing in advanced technologies to create high-end built-in microwaves that cater to such needs. Furthermore, the rising urban population and growing purchasing power have amplified the demand for compact kitchen appliances, thus influencing the built-in microwave market positively.

An important point of note from the report is that the segment of micro ovens below 22 L is attracting considerable attention. This segment's growth could be attributed to these appliances' compact size, making them the perfect fit for small and medium-sized kitchens predominant in urban settings.

In terms of application, the household segment is projected to contribute largely to the global built-in microwave market, with an expected lion's share in 2022. This can be justified by the essential role built-in microwaves play in modern kitchens, and their growing significance in busy and compact urban households.

This Dataintelo report provides a comprehensive analysis of the global built-in microwave market, company profiles, business strategies, and tracks recent market development such as expansions, collaborations, acquisitions, and new product developments. This information will be useful to industry insiders, potentially investors, and people who are interested in the market

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐟𝐫𝐞𝐞 𝐬𝐚𝐦𝐩𝐥𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 @ https://dataintelo.com/request-sample/250146

𝐓𝐡𝐢𝐬 𝐢𝐬 𝐨𝐧𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐦𝐨𝐬𝐭 𝐝𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐫𝐞𝐩𝐨𝐫𝐭 𝐚𝐧𝐝 𝐜𝐨𝐯𝐞𝐫 𝐭𝐡𝐞 𝐟𝐨𝐥𝐥𝐨𝐰𝐢𝐧𝐠 𝐬𝐞𝐠𝐦𝐞𝐧𝐭𝐬:

The built in microwave market has been segmented on the basis of𝐏𝐫𝐨𝐝𝐮𝐜𝐭 𝐓𝐲𝐩𝐞
● Below 22 L
● 22-25 L
● Above 25 L

𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧
● Household
● Commercial

𝐏𝐫𝐢𝐜𝐞 𝐑𝐚𝐧𝐠𝐞
● Economy
● Mid-Range
● Luxury

𝐃𝐢𝐬𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧 𝐂𝐡𝐚𝐧𝐧𝐞𝐥
● Online
● Offline

𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲
● Convection
● Inverter

𝐏𝐨𝐰𝐞𝐫 𝐂𝐨𝐧𝐬𝐮𝐦𝐩𝐭𝐢𝐨𝐧
● Less than 1
● 000 W
● 1
● 000 - 1
● 500 W
● More than 1
● 500 W

𝐑𝐞𝐠𝐢𝐨𝐧
● Asia Pacific
● North America
● Latin America
● Europe
● Middle East & Africa

𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬
● Electrolux
● Whirlpool
● GE
● Sumsung
● Panasonic
● Siemens
● Galanz
● Midea
● LG
● Gree
● Haier
● Bosch
● Sharp
● Indesit
● Fotile
● Vatti



The built in microwave market has been segmented with numerous categorizations. For instance, product type includes variants such as below 22 L, 22-25 L, and above 25 L. These types illuminate the consumers' preferences and the demand for various sizes of microwaves. The application sector is bifurcated into household and commercial, demonstrating that the built-in microwaves are made not only for residential use but also for commercial uses like restaurants, cafes, etc. Different users have varied purchasing power, and the price range segmentation into economy, mid-range, and luxury reflects these differences. With the rise in digital connectivity across the world, the distribution channel has been divided into online and offline. Another vertical includes technology, which is divided into convection and inverter. Lastly, power consumption categorization is essential to segregate the amount of electricity these built-in microwaves consume, grouped into less than 1000 W, 1000 - 1500 W, and more than 1500 W.

Regionally, the built-in microwave market is segmented into Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. In the North American and Europe markets, there's a high demand for built-in microwaves due to increased household income and a preference for aesthetically organized kitchens. These regions boast a mature market with high penetration. However, the Asia Pacific is projected to be the fastest-growing region in the built-in microwave market, attributable to its surging middle-class population, improving living standards, and rapid urbanization. On the other hand, Latin America and the Middle East & Africa regions have less penetration but show future growth potential due to improving economic conditions. Ensuring wide coverage, key players in this market include Electrolux, Whirlpool, GE, Sumsung, Panasonic, Siemens, Galanz, Midea, LG, Gree, Haier, Bosch, Sharp, Indesit, Fotile, and Vatti

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐟𝐫𝐞𝐞 𝐬𝐚𝐦𝐩𝐥𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 @ https://dataintelo.com/request-sample/250146

Market Drivers for Built-in Microwave Market:

1. Increasing Urbanization: The growth of cities and urban areas has led to an increase in small apartments and housing spaces. This has boosted the demand for built-in microwaves which are space-saving and convenient to use.

2. Technological Advancements: Innovations in technology have led to microwaves that are more efficient and come with multiple features such as defrosting and grilling. These advancements have made built-in microwaves more appealing to consumers.

3. Changing Lifestyle: With the fast-paced lifestyle of the modern consumer, there is a growing preference for ready-to-eat meals and easy cooking options. Built-in microwaves address this demand as they enable quick meal preparation.

4. Increasing Disposable Income: With growing income levels, consumers are showing a willingness to invest in high-end kitchen appliances, including built-in microwaves.

Opportunities for Built-in Microwave Market:

1. Growing Online Sales: The internet has provided a new platform for companies to sell their products. There is a growing trend of consumers buying kitchen appliances online, including built-in microwaves, which offers a major opportunity for market growth.

2. Expanding Middle Class: The growing middle class in emerging economies presents a significant opportunity for the built-in microwave market. As the living standard of these people improves, their demand for such appliances is likely to increase.

3. Energy-Efficient Models: There is growing awareness about energy conservation among consumers. Thus, companies producing energy-efficient models of built-in microwaves are likely to see an increase in demand.

4. Smart Kitchen Concept: With the concept of smart kitchens gaining popularity, the demand for advanced built-in microwaves that can be integrated with other smart appliances can be a huge opportunity for market players.

5. Personalized and Compact Designs: A growing trend of personalization provides an opportunity for manufacturers to offer built-in microwaves in various designs, sizes, and colors to cater to different customer preferences

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