Microwave Ovens Market Synopsis
Microwave Ovens Market Size Was Valued at USD 17.7 Billion in 2023 and is Projected to Reach USD 21.42 Billion by 2032, Growing at a CAGR of 2.14 % From 2024-2032.
Microwave ovens, also known as electronic ovens, have become a staple in modern kitchens. These appliances utilize high-frequency electromagnetic waves, called microwaves, to cook food efficiently. The design typically features a compact, boxlike oven that leverages a high-frequency electromagnetic field to elevate the temperature of food.
- This innovation allows for rapid cooking by inducing heat within the food itself, a process facilitated by the absorption of microwaves by water, fats, sugars, and select molecules. The result is a notable reduction in cooking time compared to a traditional oven.
- This unique cooking method translates to remarkable time savings, as tasks such as baking that traditionally required hours in conventional ovens can now be completed within minutes. The microwave oven's efficiency stems from its focused heating mechanism, making it an indispensable kitchen appliance for individuals seeking quick and convenient cooking solutions.
- Microwave ovens operate by generating radiation at a frequency of approximately 2,450 megahertz. This radiation is produced through a specialized component known as a magnetron, which functions as an electron tube. The magnetron's role is crucial in emitting the microwaves necessary for the cooking process. By harnessing this technology, microwave ovens have revolutionized cooking practices, providing consumers with a versatile and time-saving solution for various culinary needs.
Microwave Ovens Market Trend Analysis
Easy and convenient use Aids the Rapid Growth
- The microwave ovens market is experiencing rapid growth, primarily fueled by the easy and convenient usability of these appliances. Unlike traditional ovens, microwave ovens simplify the cooking process, allowing users to effortlessly heat or cook food with just a few button presses. The user-friendly interfaces and preset cooking options eliminate the need for intricate culinary skills, making microwave ovens accessible to a wide range of consumers. This ease of use has played a pivotal role in the market's expansion as it caters to the demands of busy lifestyles where convenience is paramount.
- The surge in microwave oven popularity can be attributed to the unparalleled convenience they bring to the kitchen. With the ability to complete cooking tasks in a fraction of the time required by conventional methods, microwave ovens have become an indispensable tool for individuals seeking quick, efficient, and hassle-free meal preparation. The rapid growth in the market is a testament to the alignment of microwave oven technology with the evolving needs of modern consumers who prioritize time efficiency without compromising on the quality of their culinary experiences.
Emerging E-Commerce Industry Coupled with Increasing Purchasing Power of Consumers
- The burgeoning e-commerce industry presents a significant opportunity for the microwave ovens market. As online shopping gains momentum, consumers are increasingly turning to digital platforms to explore and purchase home appliances, including microwave ovens. The convenience of browsing a wide array of product options, comparing features, and reading customer reviews online has propelled the e-commerce sector as a preferred avenue for appliance purchases. Microwave oven manufacturers and retailers can capitalize on this trend by establishing a robust online presence, leveraging e-commerce platforms, and enhancing digital marketing strategies to reach a broader audience.
- The microwave ovens market stands to benefit from the growing purchasing power of consumers. As disposable incomes rise globally, individuals are more inclined to invest in premium and technologically advanced kitchen appliances. Microwave ovens, with their diverse features and innovative technologies, cater to the evolving needs of consumers seeking efficiency and convenience in cooking. Manufacturers can seize this opportunity by introducing high-end microwave models that align with the discerning tastes of the market.
Microwave Ovens Market Segment Analysis:
Microwave Ovens Market Segmented on the basis of type, Structure, application, and Distribution Channel.
By Type, Convection segment is expected to dominate the market during the forecast period
- The Convection segment is poised to dominate the microwave oven market based on its versatile cooking capabilities. Convection microwave ovens combine the features of a regular microwave with those of a convection oven, allowing for not only quick reheating and defrosting but also baking, roasting, and grilling. This multifunctionality has resonated well with consumers seeking a single appliance that can cater to a wide range of cooking needs. The popularity of convection microwave ovens is further fueled by the trend of compact and efficient kitchen appliances, making them a preferred choice for households looking to maximize space without compromising on cooking versatility.
- Modern consumers, with diverse culinary interests, are inclined towards appliances that offer a broader spectrum of cooking options. Convection microwave ovens, with their ability to bake crispy cookies, roast meats, and prepare a variety of dishes beyond basic microwave functions, align well with the lifestyle and preferences of today's households.
By Application, Countertop segment held the largest share of 48.2% in 2022
- The countertop segment has secured the largest share in the microwave ovens market, primarily due to its consumer-friendly design and unmatched convenience. Countertop microwave ovens are standalone units that sit on kitchen countertops, providing easy accessibility and eliminating the need for complex installation processes. This simplicity resonates well with consumers seeking hassle-free kitchen appliances that can seamlessly integrate into their living spaces.
- Countertop microwave ovens come in a variety of sizes and power capacities, catering to different cooking needs and budgets. This adaptability makes them an attractive choice for a broad consumer base. Additionally, countertop models often feature user-friendly controls and a range of cooking presets, enhancing their appeal to consumers who appreciate straightforward operation without compromising on functionality.
Microwave Ovens Market Regional Insights:
North America is Expected to Dominate the Market Over the Forecast period
- In the North American Microwave Ovens Market, the remarkable dominance of built-in microwaves, claiming a majority share exceeding 60%, is attributed to several factors. Firstly, the prevalence of spacious kitchens and open floor plans in North American households has significantly influenced consumer preferences. Built-in microwaves seamlessly integrate into these modern kitchen designs, offering a sleek and cohesive appearance. This aesthetic appeal aligns with the evolving tastes of consumers who prioritize not only functionality but also the overall look and feel of their kitchens. Additionally, the preference for built-in microwaves is indicative of a shift towards a more streamlined and integrated kitchen environment, reflecting contemporary lifestyle choices.
- North American market. Rising disposable income levels among consumers have led to an increased inclination towards premium and customized kitchen appliances, where built-in microwaves find a strong market foothold. Moreover, the ongoing trend of urbanization has resulted in smaller living spaces, prompting homeowners to opt for compact and space-saving kitchen solutions, making built-in microwaves a practical choice.
Microwave Ovens Market Top Key Players:
- Whirlpool Corporation (United States)
- GE Appliances (United States)
- Panasonic Corporation (United States)
- LG Electronics (United States)
- Samsung Electronics (United States)
- Sharp Electronics Corporation (United States)
- Wolf Appliance, Inc. (United States)
- Viking Range, LLC (United States)
- Electrolux (Sweden)
- Siemens (Germany)
- Bosch (Germany)
- Candy (Italy)
- Gorenje (Slovenia)
- Viking Range, LLC (United Kingdom)
- Midea (China)
- Galanz (China)
- LG (South Korea)
- Samsung (South Korea)
- Panasonic (Japan)
- Toshiba (Japan)
- Sharp (Japan)
- Haier (China)
- Breville (Australia)
- IFB (India)
- Defy (South Africa)
Key Industry Developments in the Microwave Ovens Market:
- In March 2024, GE Appliances (GEA), a Haier company, introduced a new robust portfolio of slide-in gas and electric ranges featuring 36 models designed to streamline and enhance home cooking with innovative features and intuitive designs. The top-of-the-line model was the GE® 30" Slide-In Electric Convection Range with No Preheat Air Fry and EasyWash™ Oven Tray (600 series), which aimed to save time and effort by reducing cooking time and expediting clean-up.
- In January 2024, Panasonic, a leading provider of consumer lifestyle technologies, announced an expanded partnership with Fresco, the top smart kitchen platform for the world's leading appliance brands. The companies collaborated to deliver a revolutionary cooking assistant for Panasonic kitchen appliances, beginning with the Panasonic HomeCHEF 4-in-1 multi-oven. Panasonic showcased the new smart appliance and connected cooking experience at the Consumer Electronics Show (CES) 2024.
Global Microwave Ovens Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 17.7 Bn. |
Forecast Period 2024-32 CAGR: |
2.14% |
Market Size in 2032: |
USD 21.42 Bn. |
Segments Covered: |
By Type |
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By Structure |
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By Application |
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By Distribution Channel |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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- INTRODUCTION
- RESEARCH OBJECTIVES
- RESEARCH METHODOLOGY
- RESEARCH PROCESS
- SCOPE AND COVERAGE
- Market Definition
- Key Questions Answered
- MARKET SEGMENTATION
- EXECUTIVE SUMMARY
- MARKET OVERVIEW
- GROWTH OPPORTUNITIES BY SEGMENT
- MARKET LANDSCAPE
- PORTER’S FIVE FORCES ANALYSIS
- Bargaining Power Of Supplier
- Threat Of New Entrants
- Threat Of Substitutes
- Competitive Rivalry
- Bargaining Power Among Buyers
- INDUSTRY VALUE CHAIN ANALYSIS
- MARKET DYNAMICS
- Drivers
- Restraints
- Opportunities
- Challenges
- MARKET TREND ANALYSIS
- REGULATORY LANDSCAPE
- PESTLE ANALYSIS
- PRICE TREND ANALYSIS
- PATENT ANALYSIS
- TECHNOLOGY EVALUATION
- MARKET IMPACT OF THE RUSSIA-UKRAINE WAR
- Geopolitical Market Disruptions
- Supply Chain Disruptions
- Instability in Emerging Markets
- ECOSYSTEM
- PORTER’S FIVE FORCES ANALYSIS
- MICROWAVE OVENS MARKET BY TYPE (2017-2032)
- MICROWAVE OVENS MARKET SNAPSHOT AND GROWTH ENGINE
- MARKET OVERVIEW
- CONVECTION
- Introduction And Market Overview
- Historic And Forecasted Market Size in Value (2017 – 2032F)
- Historic And Forecasted Market Size in Volume (2017 – 2032F)
- Key Market Trends, Growth Factors And Opportunities
- Geographic Segmentation Analysis
- GRILL
- SOLO
- MICROWAVE OVENS MARKET BY STRUCTURE (2017-2032)
- MICROWAVE OVENS MARKET SNAPSHOT AND GROWTH ENGINE
- MARKET OVERVIEW
- BUILT-IN
- Introduction And Market Overview
- Historic And Forecasted Market Size in Value (2017 – 2032F)
- Historic And Forecasted Market Size in Volume (2017 – 2032F)
- Key Market Trends, Growth Factors And Opportunities
- Geographic Segmentation Analysis
- COUNTER TOP
- MICROWAVE OVENS MARKET BY APPLICATION (2017-2032)
- MICROWAVE OVENS MARKET SNAPSHOT AND GROWTH ENGINE
- MARKET OVERVIEW
- COMMERCIAL
- Introduction And Market Overview
- Historic And Forecasted Market Size in Value (2017 – 2032F)
- Historic And Forecasted Market Size in Volume (2017 – 2032F)
- Key Market Trends, Growth Factors And Opportunities
- Geographic Segmentation Analysis
- HOUSEHOLD
- MICROWAVE OVENS MARKET BY DISTRIBUTION CHANNEL (2017-2032)
- MICROWAVE OVENS MARKET SNAPSHOT AND GROWTH ENGINE
- MARKET OVERVIEW
- MULTIBAND STORES
- Introduction And Market Overview
- Historic And Forecasted Market Size in Value (2017 – 2032F)
- Historic And Forecasted Market Size in Volume (2017 – 2032F)
- Key Market Trends, Growth Factors And Opportunities
- Geographic Segmentation Analysis
- EXCLUSIVE STORES
- ONLINE
- OTHER DISTRIBUTION CHANNELS
- COMPANY PROFILES AND COMPETITIVE ANALYSIS
- COMPETITIVE LANDSCAPE
- Competitive Positioning
- MICROWAVE OVENS Market Share By Manufacturer (2022)
- Industry BCG Matrix
- Heat Map Analysis
- Mergers & Acquisitions
- WHIRLPOOL CORPORATION
- Company Overview
- Key Executives
- Company Snapshot
- Role of the Company in the Market
- Sustainability and Social Responsibility
- Operating Business Segments
- Product Portfolio
- Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
- Key Strategic Moves And Recent Developments
- SWOT Analysis
- GE APPLIANCES
- PANASONIC CORPORATION
- LG ELECTRONICS
- SAMSUNG ELECTRONICS
- SHARP ELECTRONICS CORPORATION
- WOLF APPLIANCE, INC.
- VIKING RANGE, LLC
- ELECTROLUX
- SIEMENS
- BOSCH
- CANDY
- GORENJE
- VIKING RANGE, LLC
- MIDEA
- GALANZ
- LG
- SAMSUNG
- PANASONIC
- TOSHIBA
- SHARP
- HAIER
- BREVILLE
- IFB
- DEFY
- COMPETITIVE LANDSCAPE
- GLOBAL MICROWAVE OVENS MARKET BY REGION
- OVERVIEW
- NORTH AMERICA
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By TYPE
- Historic And Forecasted Market Size By STRUCTURE
- Historic And Forecasted Market Size By APPLICATION
- Historic And Forecasted Market Size By DISTRIBUTION CHANNEL
- Historic And Forecasted Market Size By Country
- USA
- Canada
- Mexico
- EASTERN EUROPE
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Russia
- Bulgaria
- The Czech Republic
- Hungary
- Poland
- Romania
- Rest Of Eastern Europe
- WESTERN EUROPE
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Germany
- United Kingdom
- France
- The Netherlands
- Italy
- Spain
- Rest Of Western Europe
- ASIA PACIFIC
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- China
- India
- Japan
- South Korea
- Malaysia
- Thailand
- Vietnam
- The Philippines
- Australia
- New-Zealand
- Rest Of APAC
- MIDDLE EAST & AFRICA
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Turkey
- Bahrain
- Kuwait
- Saudi Arabia
- Qatar
- UAE
- Israel
- South Africa
- SOUTH AMERICA
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Brazil
- Argentina
- Rest of South America
- INVESTMENT ANALYSIS
- ANALYST VIEWPOINT AND CONCLUSION
- Recommendations and Concluding Analysis
- Potential Market Strategies
Global Microwave Ovens Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 17.7 Bn. |
Forecast Period 2024-32 CAGR: |
2.14% |
Market Size in 2032: |
USD 21.42 Bn. |
Segments Covered: |
By Type |
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By Structure |
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By Application |
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By Distribution Channel |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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LIST OF TABLES
TABLE 001. EXECUTIVE SUMMARY
TABLE 002. MICROWAVE OVENS MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. MICROWAVE OVENS MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. MICROWAVE OVENS MARKET COMPETITIVE RIVALRY
TABLE 005. MICROWAVE OVENS MARKET THREAT OF NEW ENTRANTS
TABLE 006. MICROWAVE OVENS MARKET THREAT OF SUBSTITUTES
TABLE 007. MICROWAVE OVENS MARKET BY TYPE
TABLE 008. CONVECTION MARKET OVERVIEW (2016-2028)
TABLE 009. GRILL MARKET OVERVIEW (2016-2028)
TABLE 010. SOLO MARKET OVERVIEW (2016-2028)
TABLE 011. MICROWAVE OVENS MARKET BY APPLICATION
TABLE 012. COMMERCIAL MARKET OVERVIEW (2016-2028)
TABLE 013. HOUSEHOLD MARKET OVERVIEW (2016-2028)
TABLE 014. MICROWAVE OVENS MARKET BY STRUCTURE
TABLE 015. BUILT-IN MARKET OVERVIEW (2016-2028)
TABLE 016. COUNTER TOP MARKET OVERVIEW (2016-2028)
TABLE 017. NORTH AMERICA MICROWAVE OVENS MARKET, BY TYPE (2016-2028)
TABLE 018. NORTH AMERICA MICROWAVE OVENS MARKET, BY APPLICATION (2016-2028)
TABLE 019. NORTH AMERICA MICROWAVE OVENS MARKET, BY STRUCTURE (2016-2028)
TABLE 020. N MICROWAVE OVENS MARKET, BY COUNTRY (2016-2028)
TABLE 021. EUROPE MICROWAVE OVENS MARKET, BY TYPE (2016-2028)
TABLE 022. EUROPE MICROWAVE OVENS MARKET, BY APPLICATION (2016-2028)
TABLE 023. EUROPE MICROWAVE OVENS MARKET, BY STRUCTURE (2016-2028)
TABLE 024. MICROWAVE OVENS MARKET, BY COUNTRY (2016-2028)
TABLE 025. ASIA PACIFIC MICROWAVE OVENS MARKET, BY TYPE (2016-2028)
TABLE 026. ASIA PACIFIC MICROWAVE OVENS MARKET, BY APPLICATION (2016-2028)
TABLE 027. ASIA PACIFIC MICROWAVE OVENS MARKET, BY STRUCTURE (2016-2028)
TABLE 028. MICROWAVE OVENS MARKET, BY COUNTRY (2016-2028)
TABLE 029. MIDDLE EAST & AFRICA MICROWAVE OVENS MARKET, BY TYPE (2016-2028)
TABLE 030. MIDDLE EAST & AFRICA MICROWAVE OVENS MARKET, BY APPLICATION (2016-2028)
TABLE 031. MIDDLE EAST & AFRICA MICROWAVE OVENS MARKET, BY STRUCTURE (2016-2028)
TABLE 032. MICROWAVE OVENS MARKET, BY COUNTRY (2016-2028)
TABLE 033. SOUTH AMERICA MICROWAVE OVENS MARKET, BY TYPE (2016-2028)
TABLE 034. SOUTH AMERICA MICROWAVE OVENS MARKET, BY APPLICATION (2016-2028)
TABLE 035. SOUTH AMERICA MICROWAVE OVENS MARKET, BY STRUCTURE (2016-2028)
TABLE 036. MICROWAVE OVENS MARKET, BY COUNTRY (2016-2028)
TABLE 037. AMANA: SNAPSHOT
TABLE 038. AMANA: BUSINESS PERFORMANCE
TABLE 039. AMANA: PRODUCT PORTFOLIO
TABLE 040. AMANA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 040. BOSCH: SNAPSHOT
TABLE 041. BOSCH: BUSINESS PERFORMANCE
TABLE 042. BOSCH: PRODUCT PORTFOLIO
TABLE 043. BOSCH: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 043. CUISINART: SNAPSHOT
TABLE 044. CUISINART: BUSINESS PERFORMANCE
TABLE 045. CUISINART: PRODUCT PORTFOLIO
TABLE 046. CUISINART: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 046. FRIGIDAIRE: SNAPSHOT
TABLE 047. FRIGIDAIRE: BUSINESS PERFORMANCE
TABLE 048. FRIGIDAIRE: PRODUCT PORTFOLIO
TABLE 049. FRIGIDAIRE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 049. GE: SNAPSHOT
TABLE 050. GE: BUSINESS PERFORMANCE
TABLE 051. GE: PRODUCT PORTFOLIO
TABLE 052. GE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 052. KENMORE: SNAPSHOT
TABLE 053. KENMORE: BUSINESS PERFORMANCE
TABLE 054. KENMORE: PRODUCT PORTFOLIO
TABLE 055. KENMORE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 055. KITCHENAID: SNAPSHOT
TABLE 056. KITCHENAID: BUSINESS PERFORMANCE
TABLE 057. KITCHENAID: PRODUCT PORTFOLIO
TABLE 058. KITCHENAID: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 058. LG: SNAPSHOT
TABLE 059. LG: BUSINESS PERFORMANCE
TABLE 060. LG: PRODUCT PORTFOLIO
TABLE 061. LG: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 061. MAGIC CHEF: SNAPSHOT
TABLE 062. MAGIC CHEF: BUSINESS PERFORMANCE
TABLE 063. MAGIC CHEF: PRODUCT PORTFOLIO
TABLE 064. MAGIC CHEF: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 064. MAYTAG: SNAPSHOT
TABLE 065. MAYTAG: BUSINESS PERFORMANCE
TABLE 066. MAYTAG: PRODUCT PORTFOLIO
TABLE 067. MAYTAG: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 067. OSTER: SNAPSHOT
TABLE 068. OSTER: BUSINESS PERFORMANCE
TABLE 069. OSTER: PRODUCT PORTFOLIO
TABLE 070. OSTER: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 070. PANASONIC: SNAPSHOT
TABLE 071. PANASONIC: BUSINESS PERFORMANCE
TABLE 072. PANASONIC: PRODUCT PORTFOLIO
TABLE 073. PANASONIC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 073. SAMSUNG: SNAPSHOT
TABLE 074. SAMSUNG: BUSINESS PERFORMANCE
TABLE 075. SAMSUNG: PRODUCT PORTFOLIO
TABLE 076. SAMSUNG: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 076. SHARP: SNAPSHOT
TABLE 077. SHARP: BUSINESS PERFORMANCE
TABLE 078. SHARP: PRODUCT PORTFOLIO
TABLE 079. SHARP: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 079. WHIRLPOOL: SNAPSHOT
TABLE 080. WHIRLPOOL: BUSINESS PERFORMANCE
TABLE 081. WHIRLPOOL: PRODUCT PORTFOLIO
TABLE 082. WHIRLPOOL: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 082. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 083. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 084. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 085. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS
LIST OF FIGURES
FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. MICROWAVE OVENS MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. MICROWAVE OVENS MARKET OVERVIEW BY TYPE
FIGURE 012. CONVECTION MARKET OVERVIEW (2016-2028)
FIGURE 013. GRILL MARKET OVERVIEW (2016-2028)
FIGURE 014. SOLO MARKET OVERVIEW (2016-2028)
FIGURE 015. MICROWAVE OVENS MARKET OVERVIEW BY APPLICATION
FIGURE 016. COMMERCIAL MARKET OVERVIEW (2016-2028)
FIGURE 017. HOUSEHOLD MARKET OVERVIEW (2016-2028)
FIGURE 018. MICROWAVE OVENS MARKET OVERVIEW BY STRUCTURE
FIGURE 019. BUILT-IN MARKET OVERVIEW (2016-2028)
FIGURE 020. COUNTER TOP MARKET OVERVIEW (2016-2028)
FIGURE 021. NORTH AMERICA MICROWAVE OVENS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 022. EUROPE MICROWAVE OVENS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 023. ASIA PACIFIC MICROWAVE OVENS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 024. MIDDLE EAST & AFRICA MICROWAVE OVENS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 025. SOUTH AMERICA MICROWAVE OVENS MARKET OVERVIEW BY COUNTRY (2016-2028)
Frequently Asked Questions :
The forecast period in the Microwave Ovens Market research report is 2024-2032.
Whirlpool Corporation, GE Appliances, Panasonic Corporation, LG Electronics, Samsung Electronics, Sharp Electronics Corporation, Wolf Appliance Inc., Viking Range LLC, Electrolux, Siemens, Bosch, Candy, Gorenje, Viking Range LLC, Midea, Galanz, LG, Samsung, Panasonic, Toshiba, Sharp, Haier, Breville, IFB, Defy and Other Major Players.
The Microwave oven market is segmented into Type, Structure, Application, Distribution Channel, and region. By Type, the market is categorized into Convection, Grill, and Solo. By Structure, the market is categorized into Built-in and Counter Top. By Distribution Channel, the market is categorized into Multiband Stores, Exclusive Stores, Online, and Other Distribution Channels. By Application, the market is categorized into Commercial and household. By region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
Microwave ovens, also known as electronic ovens, have become a staple in modern kitchens. These appliances utilize high-frequency electromagnetic waves, called microwaves, to cook food efficiently. The design typically features a compact, boxlike oven that leverages a high-frequency electromagnetic field to elevate the temperature of food.
Microwave Ovens Market Size Was Valued at USD 17.7 Billion in 2023 and is Projected to Reach USD 21.42 Billion by 2032, Growing at a CAGR of 2.14 % From 2024-2032.