Global Induction Cooktop Market Growth 2019-2024
Table of Contents
2019-2024 Global Induction Cooktop Consumption Market Report
1 Scope of the Report
- 1.1 Market Introduction
- 1.2 Research Objectives
- 1.3 Years Considered
- 1.4 Market Research Methodology
- 1.5 Economic Indicators
- 1.6 Currency Considered
2 Executive Summary
- 2.1 World Market Overview
- 2.1.1 Global Induction Cooktop Consumption 2014-2024
- 2.1.2 Induction Cooktop Consumption CAGR by Region
- 2.2 Induction Cooktop Segment by Type
- 2.2.1 Touch Screen Type
- 2.2.2 Touchtone Type
- 2.3 Induction Cooktop Consumption by Type
- 2.3.1 Global Induction Cooktop Consumption Market Share by Type (2014-2019)
- 2.3.2 Global Induction Cooktop Revenue and Market Share by Type (2014-2019)
- 2.3.3 Global Induction Cooktop Sale Price by Type (2014-2019)
- 2.4 Induction Cooktop Segment by Application
- 2.4.1 Home Use
- 2.4.2 Commercial Use
- 2.5 Induction Cooktop Consumption by Application
- 2.5.1 Global Induction Cooktop Consumption Market Share by Application (2014-2019)
- 2.5.2 Global Induction Cooktop Value and Market Share by Application (2014-2019)
- 2.5.3 Global Induction Cooktop Sale Price by Application (2014-2019)
3 Global Induction Cooktop by Players
- 3.1 Global Induction Cooktop Sales Market Share by Players
- 3.1.1 Global Induction Cooktop Sales by Players (2017-2019)
- 3.1.2 Global Induction Cooktop Sales Market Share by Players (2017-2019)
- 3.2 Global Induction Cooktop Revenue Market Share by Players
- 3.2.1 Global Induction Cooktop Revenue by Players (2017-2019)
- 3.2.2 Global Induction Cooktop Revenue Market Share by Players (2017-2019)
- 3.3 Global Induction Cooktop Sale Price by Players
- 3.4 Global Induction Cooktop Manufacturing Base Distribution, Sales Area, Product Types by Players
- 3.4.1 Global Induction Cooktop Manufacturing Base Distribution and Sales Area by Players
- 3.4.2 Players Induction Cooktop Products Offered
- 3.5 Market Concentration Rate Analysis
- 3.5.1 Competition Landscape Analysis
- 3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
- 3.6 New Products and Potential Entrants
- 3.7 Mergers & Acquisitions, Expansion
4 Induction Cooktop by Regions
- 4.1 Induction Cooktop by Regions
- 4.1.1 Global Induction Cooktop Consumption by Regions
- 4.1.2 Global Induction Cooktop Value by Regions
- 4.2 Americas Induction Cooktop Consumption Growth
- 4.3 APAC Induction Cooktop Consumption Growth
- 4.4 Europe Induction Cooktop Consumption Growth
- 4.5 Middle East & Africa Induction Cooktop Consumption Growth
5 Americas
- 5.1 Americas Induction Cooktop Consumption by Countries
- 5.1.1 Americas Induction Cooktop Consumption by Countries (2014-2019)
- 5.1.2 Americas Induction Cooktop Value by Countries (2014-2019)
- 5.2 Americas Induction Cooktop Consumption by Type
- 5.3 Americas Induction Cooktop Consumption by Application
- 5.4 United States
- 5.5 Canada
- 5.6 Mexico
- 5.7 Key Economic Indicators of Few Americas Countries
6 APAC
- 6.1 APAC Induction Cooktop Consumption by Countries
- 6.1.1 APAC Induction Cooktop Consumption by Countries (2014-2019)
- 6.1.2 APAC Induction Cooktop Value by Countries (2014-2019)
- 6.2 APAC Induction Cooktop Consumption by Type
- 6.3 APAC Induction Cooktop Consumption by Application
- 6.4 China
- 6.5 Japan
- 6.6 Korea
- 6.7 Southeast Asia
- 6.8 India
- 6.9 Australia
- 6.10 Key Economic Indicators of Few APAC Countries
7 Europe
- 7.1 Europe Induction Cooktop by Countries
- 7.1.1 Europe Induction Cooktop Consumption by Countries (2014-2019)
- 7.1.2 Europe Induction Cooktop Value by Countries (2014-2019)
- 7.2 Europe Induction Cooktop Consumption by Type
- 7.3 Europe Induction Cooktop Consumption by Application
- 7.4 Germany
- 7.5 France
- 7.6 UK
- 7.7 Italy
- 7.8 Russia
- 7.9 Spain
- 7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
- 8.1 Middle East & Africa Induction Cooktop by Countries
- 8.1.1 Middle East & Africa Induction Cooktop Consumption by Countries (2014-2019)
- 8.1.2 Middle East & Africa Induction Cooktop Value by Countries (2014-2019)
- 8.2 Middle East & Africa Induction Cooktop Consumption by Type
- 8.3 Middle East & Africa Induction Cooktop Consumption by Application
- 8.4 Egypt
- 8.5 South Africa
- 8.6 Israel
- 8.7 Turkey
- 8.8 GCC Countries
9 Market Drivers, Challenges and Trends
- 9.1 Market Drivers and Impact
- 9.1.1 Growing Demand from Key Regions
- 9.1.2 Growing Demand from Key Applications and Potential Industries
- 9.2 Market Challenges and Impact
- 9.3 Market Trends
10 Marketing, Distributors and Customer
- 10.1 Sales Channel
- 10.1.1 Direct Channels
- 10.1.2 Indirect Channels
- 10.2 Induction Cooktop Distributors
- 10.3 Induction Cooktop Customer
11 Global Induction Cooktop Market Forecast
- 11.1 Global Induction Cooktop Consumption Forecast (2019-2024)
- 11.2 Global Induction Cooktop Forecast by Regions
- 11.2.1 Global Induction Cooktop Forecast by Regions (2019-2024)
- 11.2.2 Global Induction Cooktop Value Forecast by Regions (2019-2024)
- 11.2.3 Americas Consumption Forecast
- 11.2.4 APAC Consumption Forecast
- 11.2.5 Europe Consumption Forecast
- 11.2.6 Middle East & Africa Consumption Forecast
- 11.3 Americas Forecast by Countries
- 11.3.1 United States Market Forecast
- 11.3.2 Canada Market Forecast
- 11.3.3 Mexico Market Forecast
- 11.3.4 Brazil Market Forecast
- 11.4 APAC Forecast by Countries
- 11.4.1 China Market Forecast
- 11.4.2 Japan Market Forecast
- 11.4.3 Korea Market Forecast
- 11.4.4 Southeast Asia Market Forecast
- 11.4.5 India Market Forecast
- 11.4.6 Australia Market Forecast
- 11.5 Europe Forecast by Countries
- 11.5.1 Germany Market Forecast
- 11.5.2 France Market Forecast
- 11.5.3 UK Market Forecast
- 11.5.4 Italy Market Forecast
- 11.5.5 Russia Market Forecast
- 11.5.6 Spain Market Forecast
- 11.6 Middle East & Africa Forecast by Countries
- 11.6.1 Egypt Market Forecast
- 11.6.2 South Africa Market Forecast
- 11.6.3 Israel Market Forecast
- 11.6.4 Turkey Market Forecast
- 11.6.5 GCC Countries Market Forecast
- 11.7 Global Induction Cooktop Forecast by Type
- 11.8 Global Induction Cooktop Forecast by Application
12 Key Players Analysis
- 12.1 Midea
- 12.1.1 Company Details
- 12.1.2 Induction Cooktop Product Offered
- 12.1.3 Midea Induction Cooktop Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.1.4 Main Business Overview
- 12.1.5 Midea News
- 12.2 SUPOR
- 12.2.1 Company Details
- 12.2.2 Induction Cooktop Product Offered
- 12.2.3 SUPOR Induction Cooktop Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.2.4 Main Business Overview
- 12.2.5 SUPOR News
- 12.3 Joyoung
- 12.3.1 Company Details
- 12.3.2 Induction Cooktop Product Offered
- 12.3.3 Joyoung Induction Cooktop Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.3.4 Main Business Overview
- 12.3.5 Joyoung News
- 12.4 Philips
- 12.4.1 Company Details
- 12.4.2 Induction Cooktop Product Offered
- 12.4.3 Philips Induction Cooktop Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.4.4 Main Business Overview
- 12.4.5 Philips News
- 12.5 POVOS
- 12.5.1 Company Details
- 12.5.2 Induction Cooktop Product Offered
- 12.5.3 POVOS Induction Cooktop Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.5.4 Main Business Overview
- 12.5.5 POVOS News
- 12.6 Galanz
- 12.6.1 Company Details
- 12.6.2 Induction Cooktop Product Offered
- 12.6.3 Galanz Induction Cooktop Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.6.4 Main Business Overview
- 12.6.5 Galanz News
- 12.7 Fusibo
- 12.7.1 Company Details
- 12.7.2 Induction Cooktop Product Offered
- 12.7.3 Fusibo Induction Cooktop Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.7.4 Main Business Overview
- 12.7.5 Fusibo News
- 12.8 Sunpentown
- 12.8.1 Company Details
- 12.8.2 Induction Cooktop Product Offered
- 12.8.3 Sunpentown Induction Cooktop Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.8.4 Main Business Overview
- 12.8.5 Sunpentown News
- 12.9 Panasonic
- 12.9.1 Company Details
- 12.9.2 Induction Cooktop Product Offered
- 12.9.3 Panasonic Induction Cooktop Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.9.4 Main Business Overview
- 12.9.5 Panasonic News
- 12.10 Haier Group
- 12.10.1 Company Details
- 12.10.2 Induction Cooktop Product Offered
- 12.10.3 Haier Group Induction Cooktop Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.10.4 Main Business Overview
- 12.10.5 Haier Group News
- 12.11 AB Electrolux
- 12.12 Bosch
- 12.13 Whirlpool
- 12.14 Semikron
- 12.15 Waring
- 12.16 Fisher & Paykel
- 12.17 Smeg
- 12.18 True Induction
- 12.19 Miele
- 12.20 LG Electronics
- 12.21 MENU SYSTEM
- 12.22 Chinducs
- 12.23 Vollrath
- 12.24 UEMW
- 12.25 GE
- 12.26 Qinxin
- 12.27 Summit Appliance
- 12.28 Oude
- 12.29 Sub-Zero Wolf
- 12.30 Jinbaite
- 12.31 Elecpro
- 12.32 Garland
- 12.33 EMI
13 Research Findings and Conclusion
Induction Cooktop is a kind cooking equipment using electromagnetism to turn cooking pans into cookers (creating heat energy inside the pan itself, instead of firing it in from outside). Induction cooktop cooks food more quickly and safely with less energy, compared with the traditional gas stove.
Simply, an induction cooktop is an electromagnet. Inside the glass cooktop, there's an electronically controlled coil of metal. When turn on the power, there will be an alternating current flow through the coil and it produces a fluctuating magnetic field all around it and directly above it, this will produce heat indirectly.
Induction cooktop is a cooking equipment using electromagnetism to turn cooking pans into cookers (creating heat energy inside the pan itself, instead of firing it in from outside). The types of induction cooktop mainly include touch screen and touchtone type.
China is the largest production market of induction cooktop with market share more than 70%. In addition, China is also the largest consumer of induction cooktop with market share about 59% in 2015.In general; China is the most important player in the global market of induction cooktop.
Every year, there is millions of induction cooktops exported to India, Taiwan, USA and Europe from China. Giant manufacturers like Midea, SUPOR and Joyoung not only dominated the local market, but also occupied large market share in other regions.
According to this study, over the next five years the Induction Cooktop market will register a 0.4% CAGR in terms of revenue, the global market size will reach US$ 5570 million by 2024, from US$ 5450 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Induction Cooktop business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Induction Cooktop market by product type, application, key manufacturers and key regions and countries.
This study considers the Induction Cooktop value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Touch Screen Type
Touchtone Type
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Home Use
Commercial Use
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Midea
SUPOR
Joyoung
Philips
POVOS
Galanz
Fusibo
Sunpentown
Panasonic
Haier Group
AB Electrolux
Bosch
Whirlpool
Semikron
Waring
Fisher & Paykel
Smeg
True Induction
Miele
LG Electronics
MENU SYSTEM
Chinducs
Vollrath
UEMW
GE
Qinxin
Summit Appliance
Oude
Sub-Zero Wolf
Jinbaite
Elecpro
Garland
EMI
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Induction Cooktop consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Induction Cooktop market by identifying its various subsegments.
Focuses on the key global Induction Cooktop manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Induction Cooktop with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Induction Cooktop submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.