Press release
Residential Microwave Oven 2018 Global Market Expected to Grow at CAGR 6.73 % and Forecast to 2022
Residential Microwave Oven Market
About Residential Microwave Oven
Residential regular microwave ovens are convection, over-the-range or built-in, countertop microwave ovens. Counter-top microwave ovens are placed on the kitchen shelf and are best suitable for bigger and wider kitchen whereas built-in microwave oven is placed between the cabinets and do not take up space from the kitchen counter and are best suitable for modular kitchen and smaller kitchens. Manufacturers have come up with customizable panels of microwave ovens and are available in various designs and features like smart connectivity. The penetration of these ovens is also very high as they are priced low. The residential microwave oven market is moderately fragmented due to the presence of several international and regional players. Key residential microwave oven manufactures offer a diverse portfolio of innovative products.
Technavio’s analysts forecast the global residential microwave oven market to grow at a CAGR of 6.73% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global residential microwave oven market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of residential microwave oven.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Residential Microwave Oven Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Electrolux
• Haier
• LG Electronics
• Panasonic Corporation
• Robert Bosch
• Whirlpool Corporation
Other prominent vendors
• Foxconn
• Samsung
• The Middleby Corporation
• Group SEB
• Midea Group
• SMEG
• FELIX STORCH INC
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Market driver
• Product superiority and advantages over other ovens
• For a full, detailed list, view our report
Market trend
• Easy compatibility and portability of these ovens
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2022 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Table of Contents:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
• Market outline
PART 05: MARKET LANDSCAPE
• Market ecosystem
• Market characteristics
• Market segmentation analysis
PART 06: MARKET SIZING
• Global residential microwave oven market
• Market sizing
• Market size and forecast
PART 07: FIVE FORCES ANALYSIS
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition
PART 08: MARKET SEGMENTATION BY PRODUCT
• Global residential microwave oven market by product
• Comparison by Product
• Global residential regular microwave oven
• Global residential microwave combination oven
• Market opportunity by product
PART 09: MARKET SEGMENTATION BY TECHNOLOGY
• Global residential microwave oven market by technology
• Comparison by technology
• Global market for residential microwave oven without smart connectivity market
• Global market for residential microwave oven with smart connectivity market
• Market opportunity by technology
PART 10: MARKET SEGMENTATION BY DOOR TYPE
• Global residential microwave oven market by door type
PART 11: MARKET SEGMENTATION BY INSTALLATION TYPE
• Global residential microwave oven market by installation type
PART 12: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL
• Global residential microwave oven market by distribution channel
• Global residential microwave oven market through offline distribution channel
• Global residential microwave oven market through online distribution channel
PART 13: CUSTOMER LANDSCAPE
PART 14: REGIONAL LANDSCAPE
• Global residential microwave oven market by geography
• Regional comparison
• Global residential microwave oven market in Americas
• Global residential microwave ovens market in EMEA
• Global residential microwave oven market in APAC
• Key leading countries
• Market opportunity by region
PART 15: DECISION FRAMEWORK
PART 16: DRIVERS AND CHALLENGES
• Market drivers
• Market challenges
PART 17: MARKET TRENDS
• Increase in focus on multiple features and aesthetic appeal of microwave ovens
• Compatibility, portability, and fit for every lifestyle
• Integration of smart connectivity and IoT
• Multi-cooking functionality of microwave steam ovens
PART 18: VENDOR LANDSCAPE
• Overview
• Landscape disruption
• Competitive scenario
PART 19: VENDOR ANALYSIS
• Vendors covered
• Vendor classification
• Market positioning of vendors
• Electrolux
• Haier
• LG Electronics
• Panasonic Corporation
• Robert Bosch
• Whirlpool Corporation
Continued…….
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