Global Microwave Oven Market Growth 2019-2024
Table of Contents
2019-2024 Global Microwave Oven 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 Microwave Oven Consumption 2014-2024
- 2.1.2 Microwave Oven Consumption CAGR by Region
- 2.2 Microwave Oven Segment by Type
- 2.2.1 Under 1 Cu. Ft Type
- 2.2.2 1 to 1.9 Cu. Ft Type
- 2.2.3 Over 2 Cu.ft Type
- 2.3 Microwave Oven Consumption by Type
- 2.3.1 Global Microwave Oven Consumption Market Share by Type (2014-2019)
- 2.3.2 Global Microwave Oven Revenue and Market Share by Type (2014-2019)
- 2.3.3 Global Microwave Oven Sale Price by Type (2014-2019)
- 2.4 Microwave Oven Segment by Application
- 2.4.1 Household Use
- 2.4.2 Commercial Use
- 2.5 Microwave Oven Consumption by Application
- 2.5.1 Global Microwave Oven Consumption Market Share by Application (2014-2019)
- 2.5.2 Global Microwave Oven Value and Market Share by Application (2014-2019)
- 2.5.3 Global Microwave Oven Sale Price by Application (2014-2019)
3 Global Microwave Oven by Players
- 3.1 Global Microwave Oven Sales Market Share by Players
- 3.1.1 Global Microwave Oven Sales by Players (2017-2019)
- 3.1.2 Global Microwave Oven Sales Market Share by Players (2017-2019)
- 3.2 Global Microwave Oven Revenue Market Share by Players
- 3.2.1 Global Microwave Oven Revenue by Players (2017-2019)
- 3.2.2 Global Microwave Oven Revenue Market Share by Players (2017-2019)
- 3.3 Global Microwave Oven Sale Price by Players
- 3.4 Global Microwave Oven Manufacturing Base Distribution, Sales Area, Product Types by Players
- 3.4.1 Global Microwave Oven Manufacturing Base Distribution and Sales Area by Players
- 3.4.2 Players Microwave Oven 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 Microwave Oven by Regions
- 4.1 Microwave Oven by Regions
- 4.1.1 Global Microwave Oven Consumption by Regions
- 4.1.2 Global Microwave Oven Value by Regions
- 4.2 Americas Microwave Oven Consumption Growth
- 4.3 APAC Microwave Oven Consumption Growth
- 4.4 Europe Microwave Oven Consumption Growth
- 4.5 Middle East & Africa Microwave Oven Consumption Growth
5 Americas
- 5.1 Americas Microwave Oven Consumption by Countries
- 5.1.1 Americas Microwave Oven Consumption by Countries (2014-2019)
- 5.1.2 Americas Microwave Oven Value by Countries (2014-2019)
- 5.2 Americas Microwave Oven Consumption by Type
- 5.3 Americas Microwave Oven 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 Microwave Oven Consumption by Countries
- 6.1.1 APAC Microwave Oven Consumption by Countries (2014-2019)
- 6.1.2 APAC Microwave Oven Value by Countries (2014-2019)
- 6.2 APAC Microwave Oven Consumption by Type
- 6.3 APAC Microwave Oven 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 Microwave Oven by Countries
- 7.1.1 Europe Microwave Oven Consumption by Countries (2014-2019)
- 7.1.2 Europe Microwave Oven Value by Countries (2014-2019)
- 7.2 Europe Microwave Oven Consumption by Type
- 7.3 Europe Microwave Oven 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 Microwave Oven by Countries
- 8.1.1 Middle East & Africa Microwave Oven Consumption by Countries (2014-2019)
- 8.1.2 Middle East & Africa Microwave Oven Value by Countries (2014-2019)
- 8.2 Middle East & Africa Microwave Oven Consumption by Type
- 8.3 Middle East & Africa Microwave Oven 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 Microwave Oven Distributors
- 10.3 Microwave Oven Customer
11 Global Microwave Oven Market Forecast
- 11.1 Global Microwave Oven Consumption Forecast (2019-2024)
- 11.2 Global Microwave Oven Forecast by Regions
- 11.2.1 Global Microwave Oven Forecast by Regions (2019-2024)
- 11.2.2 Global Microwave Oven 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 Microwave Oven Forecast by Type
- 11.8 Global Microwave Oven Forecast by Application
12 Key Players Analysis
- 12.1 Galanz
- 12.1.1 Company Details
- 12.1.2 Microwave Oven Product Offered
- 12.1.3 Galanz Microwave Oven Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.1.4 Main Business Overview
- 12.1.5 Galanz News
- 12.2 Midea
- 12.2.1 Company Details
- 12.2.2 Microwave Oven Product Offered
- 12.2.3 Midea Microwave Oven Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.2.4 Main Business Overview
- 12.2.5 Midea News
- 12.3 Electrolux
- 12.3.1 Company Details
- 12.3.2 Microwave Oven Product Offered
- 12.3.3 Electrolux Microwave Oven Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.3.4 Main Business Overview
- 12.3.5 Electrolux News
- 12.4 Whirlpool
- 12.4.1 Company Details
- 12.4.2 Microwave Oven Product Offered
- 12.4.3 Whirlpool Microwave Oven Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.4.4 Main Business Overview
- 12.4.5 Whirlpool News
- 12.5 Panasonic
- 12.5.1 Company Details
- 12.5.2 Microwave Oven Product Offered
- 12.5.3 Panasonic Microwave Oven Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.5.4 Main Business Overview
- 12.5.5 Panasonic News
- 12.6 Samsung
- 12.6.1 Company Details
- 12.6.2 Microwave Oven Product Offered
- 12.6.3 Samsung Microwave Oven Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.6.4 Main Business Overview
- 12.6.5 Samsung News
- 12.7 Daewoo
- 12.7.1 Company Details
- 12.7.2 Microwave Oven Product Offered
- 12.7.3 Daewoo Microwave Oven Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.7.4 Main Business Overview
- 12.7.5 Daewoo News
- 12.8 BSH Home Appliances
- 12.8.1 Company Details
- 12.8.2 Microwave Oven Product Offered
- 12.8.3 BSH Home Appliances Microwave Oven Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.8.4 Main Business Overview
- 12.8.5 BSH Home Appliances News
- 12.9 SHARP
- 12.9.1 Company Details
- 12.9.2 Microwave Oven Product Offered
- 12.9.3 SHARP Microwave Oven Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.9.4 Main Business Overview
- 12.9.5 SHARP News
- 12.10 LG
- 12.10.1 Company Details
- 12.10.2 Microwave Oven Product Offered
- 12.10.3 LG Microwave Oven Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.10.4 Main Business Overview
- 12.10.5 LG News
- 12.11 Brandt
- 12.12 GE (Haier)
- 12.13 Candy Group
- 12.14 Moulinex
- 12.15 Breville
13 Research Findings and Conclusion
Microwave oven is a kitchen appliance that heats and cooks food by exposing it to electromagnetic radiation in the microwave frequency range. This induces polar molecules in the food to rotate and produce thermal energy in a process known as dielectric heating. Microwave ovens heat foods quickly and efficiently because excitation is fairly uniform in the outer 25–38 mm (1–1.5 inches) of a homogeneous, high water content food item; food is more evenly heated throughout than generally occurs in other cooking techniques.
Currently, there are many producing companies in the world. The main market players are Galanz, Midea, Electrolux, Whirlpool, Panasonic, Samsung, Daewoo, BSH Home Appliances,
SHARP, LG, Brandt, GE (Haier), Candy Group, Moulinex, Breville and so on. The production value of Microwave Ovens is about 8000.1 Million USD in 2017.
China is the largest production regions of Microwave Ovens, with a production value market share nearly 48.89% in 2017.
The second place is Europe; following China with the production value market share over 15.14% in 2017. North America is another important production market of Microwave Ovens.
Microwave Ovens used in Household and Commercial places. Report data showed that 68.69% of the Microwave Ovens market demand in Household and 31.31% in Commercial in 2017.
There are three kinds of Commercial Microwave Ovens, which are Under 1 Cu. Ft Type, 1 to 1.9 Cu. Ft Type and Over 2 Cu.ft Type. Under 1 Cu. Ft Type is important in the Microwave Ovens, with a production market share nearly 57.35% in 2017.
Briefly speaking, in the next few years, Microwave Ovens industry will still be a relative steady industry. Sales of Microwave Ovens have brought a lot of opportunities, there will more companies enter into this industry, especially in developing countries.
According to this study, over the next five years the Microwave Oven market will register a 4.5% CAGR in terms of revenue, the global market size will reach US$ 10400 million by 2024, from US$ 8000 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Microwave Oven business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Microwave Oven market by product type, application, key manufacturers and key regions and countries.
This study considers the Microwave Oven 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.
Under 1 Cu. Ft Type
1 to 1.9 Cu. Ft Type
Over 2 Cu.ft Type
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Household 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.
Galanz
Midea
Electrolux
Whirlpool
Panasonic
Samsung
Daewoo
BSH Home Appliances
SHARP
LG
Brandt
GE (Haier)
Candy Group
Moulinex
Breville
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 Microwave Oven 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 Microwave Oven market by identifying its various subsegments.
Focuses on the key global Microwave Oven 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 Microwave Oven 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 Microwave Oven 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.