Electric Hot Plate is a portable self-contained tabletop small appliance. It can be used for heating and cooking food. This kind of electric hot plate is similar to induction cooker, but it is not the same. And there is another kind of electric hot plate which is used in industry such as heating bearings before prior to mounting. In this report, both of them are discussed.
Scope of the Report:
The Electric Hot Plate industry is quite mature nowadays. The main manufacturing bases are in China. The industry production is dispersed to many companies or producers instead of occupied by a few manufacturers.
The market status is always steady for the last 5 years. China provide the most part of the production volume of the electric hot plate among it. About 15 million electric hot plates and occupy about 46.7% of the whole production volume of the world.
United States and Europe also provide an amount of electric hot plates for the global market. However, the production price in the United States, Europe and Japan is relatively higher than that in China. As the result, Chinese electric hot plate producers tend to produce their products and export them to the United States, Europe or Japan.
Since the economic status is not good currently, the consumption is not good. In 2015, the global consumption growth rate is only 2.39%. United States becomes the biggest consumer in the world, consuming nearly 31% of the whole production volume. Europe is the second largest market of the electric hot plate.
The prices of the products kept decreasing in the last several years. Because of that, the production value of the electric hot plate is decreasing. However, the gross margin of producing the products nearly kept in the same level during the last 5 year.
From our investigation, the market size of the electric hot plate is not big. It is not now developing, either. From our point of view, Big firms and producer who can have a low cost can think about getting into this area. People without professional technologies about electric hot plate or small firms had better choose another area to invest the money.
The worldwide market for Electric Hot Plate is expected to grow at a CAGR of roughly 6.5% over the next five years, will reach 910 million US$ in 2024, from 620 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Electric Hot Plate in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
Aroma-housewares
SKF
Philips
Zhong Shan Longvcu Electric Co., Ltd
Weibang Co., Ltd
Fengye Electrical Applicance
Andong
CHINABEST
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Single Hot Plate
Double Hot Plate
Others
Market Segment by Applications, can be divided into
Lab
Household
Others
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Electric Hot Plate product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Electric Hot Plate, with price, sales, revenue and global market share of Electric Hot Plate in 2017 and 2018.
Chapter 3, the Electric Hot Plate competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Electric Hot Plate breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Electric Hot Plate market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Electric Hot Plate sales channel, distributors, customers, research findings and conclusion, appendix and data source.
Summary:
Get latest Market Research Reports on Electric Hot Plate . Industry analysis & Market Report on Electric Hot Plate is a syndicated market report, published as Global Electric Hot Plate Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024. It is complete Research Study and Industry Analysis of Electric Hot Plate market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.