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Induction Hob Market

Market Insights on Induction Hob covering sales outlook, demand forecast & up-to-date key trends

Induction Hob Market by Type, Application, Distribution Channel & Region - Forecast 2022 - 2032

Global Induction Hob Market Overview (2022-2032)

[250 Pages Report] The global induction hob market is expected to garner a market value of US$ 19 Million in 2022 and is expected to record a CAGR of 9% during the forecast period from 2022 to 2032. The market is likely to secure around US$ 44 Million by 2032. The market growth can be attributed to the increasing number of residential and non-residential development projects, along with the increasing number of the food chain and restaurants across the globe.

Report Attribute

Details

Anticipated Market Value in 2021

US$ 17 Million

Expected Market Value (2022)

US$ 19 Million

Anticipated Forecast Value (2032)

US$ 44 Million

Projected Growth Rate (2022-2032)

9% CAGR

Induction hobs are different from other hobs. These hobs directly heat the pan and do not heat the hob ring. When the induction hob is turned on, a magnetic field is activated and the base pan gets heated. When the pan is placed on the hob, the circuit is finished and the base pan gets heated. That is why induction cooking is fast and efficient.

Induction is the fastest way of cooking available in the market. It is relatively faster than gas and can even beat a kettle in boiling water. Further, various developments like cooking appliance manufacturers replacing old mechanical controls and displays to lessen the after-sale expenses have provided a significant boost to the market. Moreover, with the increasing demand for eco-friendly appliances and to enhance electricity accessibility, the market graph can spike significantly in the forecast period. Besides, increasing demand for modular kitchens is predicted to fuel the demand for induction hob in the coming time. The benefits associated with induction hob like speed, responsiveness, energy efficiency, ease of use, among others have propelled the market expansion notably.

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What are the Factors Spearheading the Global Induction Hob Market?

Rising adoption of high-tech appliances is projected to support the market growth in the forecast period. The robust penetration of e-commerce across the globe, especially in developing countries, has provided a significant boost to the market.

The product is anticipated to witness a good number of demand from the residential and commercial segment, which is likely to propel the market in the forecast period. The household segment is anticipated to account for a considerable share of the induction. In addition, the online sale of induction hobs is expanding at a fast pace, providing lucrative opportunities to the market.

The growing requirement for time-saving and energy-efficient appliances is a salient cause growing the market size significantly. The increasing demand of the millennial population to facilitate the cooking procedure is another salient cause bolstering the industry significantly. In addition, the higher adoption of modular kitchens in emerging economies like China and India is pushing the market growth in the assessment period.

What are the Factors Restraining the Induction Hub Market?

The presence of alternative cooking appliances at a lower cost is expected to be the most important factor restraining the industry during the forecast period. In addition, induction hobs are premium products therefore, they are expensive and not easily affordable. Moreover, the product demands heavy investments which are likely to hamper the industry growth in the forecast period.

In addition, the induction hobs require a specific electrical requirement and one needs to hire an electrician for the purpose, which makes consumers reluctant in buying the appliance. Also, one needs to have a compatible pan for the hob induction as all pans are not suitable for the device. However, pans made with magnetic stainless or cast iron can be used.

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Why is APAC projected to be the fastest-growing market?

The analysis reveals that APAC is anticipated to be the fastest-growing market during the forecast period. The growing number of small and medium production units in evolving nations such as India, China, and Japan are likely to play a significant role in driving the industry in the assessment period.

Rapid urbanization and increasing disposable income are the key factors propelling the market in the region. Moreover, the inclination towards contemporary appliances is likely to contribute to market development. In addition, the technological development in appliances is expected to offer significant opportunities to the key players of the region. For instance, Panasonic induction uses cutting-edge technology and consists of attributes like accurate temperature, four cooking zones, and an LED display with a slider regulator.

What is the Contribution of Developed Countries in Driving the Market?

Europe is expected to be the largest market for induction hobs in 2022, expected to have garnered about 35% of the market share. In addition, North America has also been identified as a lucrative market making a significant contribution in developing the market.

The expansion of the developed markets can be attributed to the presence of established key players in the region, making a considerable contribution to strengthening the industry. For instance, Robert Bosch GmbH introduced Bosch Induction Cooktops which enables consumers to synchronize their hobs with the wall hood.

Among all, the U.S is projected to have secured the largest market share in North America. Further, the high disposable income of the masses makes it easier for them to afford such high-tech expensive appliances, thereby, spiking the market growth graph up.

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Market Competition

The global induction hub market is a competitive industry with players taking several initiatives to secure the forefront position. Some of the eminent players of the market include Toshiba, Haier, Gree Electric Appliances, SMEG, Whirlpool, Mitsubishi Electric, Daikin Industries, Dwyer Instruments, Ingersoll-Rand, Carrier, Airwell Group, LG Electronics, Lennox International, SHARP, Johnson Controls, Siemens AG, Voltas, Samsung Electronics, and Electrolux among others.

Report Scope

Report Attribute

Details

Growth Rate

CAGR of 9% from 2022 to 2032

Base Year for Estimation

2021

Historical Data

2015-2020

Forecast Period

2022-2032

Quantitative Units

Revenue in USD Million, Volume in Kilotons and CAGR from 2022-2032

Report Coverage

Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis

Segments Covered

  • Type
  • Application
  • Distribution Channel
  • Region

Regions Covered

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East and Africa

Key Countries Profiled

  • U.S
  • Canada
  • Brazil
  • Argentina
  • Germany
  • U.K
  • France
  • Spain
  • Italy
  • Nordics
  • BENELUX
  • Australia & New Zealand
  • China
  • India
  • ASEAN
  • GCC
  • South Africa

Key Companies Profiled

  • Daikin Industries
  • Dwyer Instruments
  • Ingersoll-Rand
  • Carrier
  • Airwell Group
  • LG Electronics
  • Lennox International
  • SHARP
  • Johnson Controls
  • Siemens AG
  • Voltas
  • Samsung Electronics
  • Electrolux

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Key Segments Profiled in the Global Induction Hob Market

Type:

  • Free Standing & Portable Cooktops
  • Built-in Cooktops

Application:

  • Commercial Induction Hobs
  • Household Induction Hobs

Distribution Channel:

  • Direct Induction Hob Sales
  • Indirect Induction Hob Sales

Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East & Africa

Frequently Asked Questions

The global induction hob market is expected to expand at a CAGR of 9% during the forecast period.

North America is expected to be the most opportunistic induction hobs market, expected to garner 35% revenue in 2022

Samsung Electronics, Lennox International, Siemens AG, and Mitsubishi Electric are some of the eminent players in the market.

Table of Content

1. Executive Summary

    1.1. Global Market Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

    1.4. Technology Roadmap Analysis

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Background

    3.1. Market Dynamics

        3.1.1. Drivers

        3.1.2. Restraints

        3.1.3. Opportunity 

        3.1.4. Trends

    3.2. Scenario Forecast

        3.2.1. Demand in Optimistic Scenario

        3.2.2. Demand in Likely Scenario

        3.2.3. Demand in Conservative Scenario

    3.3. Opportunity Map Analysis

    3.4. Investment Feasibility Matrix

    3.5. PESTLE and Porter’s Analysis

    3.6. Regulatory Landscape

        3.6.1. By Key Regions

        3.6.2. By Key Countries

4. Global Market Analysis 2017-2021 and Forecast, 2022-2032

    4.1. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis, 2017-2021

    4.2. Current and Future Market Size Value (US$ Mn) & Volume (Units) Projections, 2022-2032

        4.2.1. Y-o-Y Growth Trend Analysis

        4.2.2. Absolute $ Opportunity Analysis

5. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Product Type

    5.1. Introduction / Key Findings

    5.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Product Type, 2017-2021

    5.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Product Type, 2022-2032

        5.3.1. Free Standing & Portable Cooktops

        5.3.2. Built-in Cooktops

    5.4. Y-o-Y Growth Trend Analysis By Product Type, 2017-2021

    5.5. Absolute $ Opportunity Analysis By Product Type, 2022-2032

6. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Application 

    6.1. Introduction / Key Findings

    6.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Application , 2017-2021

    6.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Application , 2022-2032

        6.3.1. Commercial 

        6.3.2. Household

    6.4. Y-o-Y Growth Trend Analysis By Application , 2017-2021

    6.5. Absolute $ Opportunity Analysis By Application , 2022-2032

7. Global Market Analysis 2017-2021 and Forecast 2022-2032, ByPower Rating 

    7.1. Introduction / Key Findings

    7.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis ByPower Rating , 2017-2021

    7.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast ByPower Rating , 2022-2032

        7.3.1. Less than 2 kW

        7.3.2. 2 kW to 5 kW

        7.3.3. 5 kW and Above

    7.4. Y-o-Y Growth Trend Analysis ByPower Rating , 2017-2021

    7.5. Absolute $ Opportunity Analysis ByPower Rating , 2022-2032

8. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Sales Channel

    8.1. Introduction / Key Findings

    8.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Sales Channel, 2017-2021

    8.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Sales Channel, 2022-2032

        8.3.1. Specialty Stores

        8.3.2. Online Sales

        8.3.3. Departmental Stores

    8.4. Y-o-Y Growth Trend Analysis By Sales Channel, 2017-2021

    8.5. Absolute $ Opportunity Analysis By Sales Channel, 2022-2032

9. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Region

    9.1. Introduction

    9.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Region, 2017-2021

    9.3. Current Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Region, 2022-2032

        9.3.1. North America

        9.3.2. Latin America

        9.3.3. Europe

        9.3.4. Asia Pacific

        9.3.5. MEA

    9.4. Market Attractiveness Analysis By Region

10. North America Market Analysis 2017-2021 and Forecast 2022-2032, By Country

    10.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021

    10.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032

        10.2.1. By Country

            10.2.1.1. U.S.

            10.2.1.2. Canada

        10.2.2. By Product Type

        10.2.3. By Application 

        10.2.4. ByPower Rating 

        10.2.5. By Sales Channel

    10.3. Market Attractiveness Analysis

        10.3.1. By Country

        10.3.2. By Product Type

        10.3.3. By Application 

        10.3.4. ByPower Rating 

        10.3.5. By Sales Channel

    10.4. Key Takeaways

11. Latin America Market Analysis 2017-2021 and Forecast 2022-2032, By Country

    11.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021

    11.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032

        11.2.1. By Country

            11.2.1.1. Brazil

            11.2.1.2. Mexico

            11.2.1.3. Rest of Latin America

        11.2.2. By Product Type

        11.2.3. By Application 

        11.2.4. ByPower Rating 

        11.2.5. By Sales Channel

    11.3. Market Attractiveness Analysis

        11.3.1. By Country

        11.3.2. By Product Type

        11.3.3. By Application 

        11.3.4. ByPower Rating 

        11.3.5. By Sales Channel

    11.4. Key Takeaways

12. Europe Market Analysis 2017-2021 and Forecast 2022-2032, By Country

    12.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021

    12.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032

        12.2.1. By Country

            12.2.1.1. Germany

            12.2.1.2. Italy

            12.2.1.3. France

            12.2.1.4. U.K.

            12.2.1.5. Spain

            12.2.1.6. Russia

            12.2.1.7. BENELUX

            12.2.1.8. Rest of Europe

        12.2.2. By Product Type

        12.2.3. By Application 

        12.2.4. ByPower Rating 

        12.2.5. By Sales Channel

    12.3. Market Attractiveness Analysis

        12.3.1. By Country

        12.3.2. By Product Type

        12.3.3. By Application 

        12.3.4. ByPower Rating 

        12.3.5. By Sales Channel

    12.4. Key Takeaways

13. Asia Pacific Market Analysis 2017-2021 and Forecast 2022-2032, By Country

    13.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021

    13.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032

        13.2.1. By Country

            13.2.1.1. China

            13.2.1.2. Japan

            13.2.1.3. South Korea

            13.2.1.4. India

            13.2.1.5. Rest of Asia Pacific

        13.2.2. By Product Type

        13.2.3. By Application 

        13.2.4. ByPower Rating 

        13.2.5. By Sales Channel

    13.3. Market Attractiveness Analysis

        13.3.1. By Country

        13.3.2. By Product Type

        13.3.3. By Application 

        13.3.4. ByPower Rating 

        13.3.5. By Sales Channel

    13.4. Key Takeaways

14. MEA Market Analysis 2017-2021 and Forecast 2022-2032, By Country

    14.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021

    14.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032

        14.2.1. By Country

            14.2.1.1. GCC

            14.2.1.2. Rest of MEA

        14.2.2. By Product Type

        14.2.3. By Application 

        14.2.4. ByPower Rating 

        14.2.5. By Sales Channel

    14.3. Market Attractiveness Analysis

        14.3.1. By Country

        14.3.2. By Product Type

        14.3.3. By Application 

        14.3.4. ByPower Rating 

        14.3.5. By Sales Channel

    14.4. Key Takeaways

15. Key Countries Market Analysis

    15.1. U.S.

        15.1.1. Pricing Analysis

        15.1.2. Market Share Analysis, 2021

            15.1.2.1. By Product Type

            15.1.2.2. By Application 

            15.1.2.3. ByPower Rating 

            15.1.2.4. By Sales Channel

    15.2. Canada

        15.2.1. Pricing Analysis

        15.2.2. Market Share Analysis, 2021

            15.2.2.1. By Product Type

            15.2.2.2. By Application 

            15.2.2.3. ByPower Rating 

            15.2.2.4. By Sales Channel

    15.3. Brazil

        15.3.1. Pricing Analysis

        15.3.2. Market Share Analysis, 2021

            15.3.2.1. By Product Type

            15.3.2.2. By Application 

            15.3.2.3. ByPower Rating 

            15.3.2.4. By Sales Channel

    15.4. Mexico

        15.4.1. Pricing Analysis

        15.4.2. Market Share Analysis, 2021

            15.4.2.1. By Product Type

            15.4.2.2. By Application 

            15.4.2.3. ByPower Rating 

            15.4.2.4. By Sales Channel

    15.5. Argentina

        15.5.1. Pricing Analysis

        15.5.2. Market Share Analysis, 2021

            15.5.2.1. By Product Type

            15.5.2.2. By Application 

            15.5.2.3. ByPower Rating 

            15.5.2.4. By Sales Channel

    15.6. Germany

        15.6.1. Pricing Analysis

        15.6.2. Market Share Analysis, 2021

            15.6.2.1. By Product Type

            15.6.2.2. By Application 

            15.6.2.3. ByPower Rating 

            15.6.2.4. By Sales Channel

    15.7. Italy

        15.7.1. Pricing Analysis

        15.7.2. Market Share Analysis, 2021

            15.7.2.1. By Product Type

            15.7.2.2. By Application 

            15.7.2.3. ByPower Rating 

            15.7.2.4. By Sales Channel

    15.8. France

        15.8.1. Pricing Analysis

        15.8.2. Market Share Analysis, 2021

            15.8.2.1. By Product Type

            15.8.2.2. By Application 

            15.8.2.3. ByPower Rating 

            15.8.2.4. By Sales Channel

    15.9. U.K.

        15.9.1. Pricing Analysis

        15.9.2. Market Share Analysis, 2021

            15.9.2.1. By Product Type

            15.9.2.2. By Application 

            15.9.2.3. ByPower Rating 

            15.9.2.4. By Sales Channel

    15.10. Spain

        15.10.1. Pricing Analysis

        15.10.2. Market Share Analysis, 2021

            15.10.2.1. By Product Type

            15.10.2.2. By Application 

            15.10.2.3. ByPower Rating 

            15.10.2.4. By Sales Channel

    15.11. Russia

        15.11.1. Pricing Analysis

        15.11.2. Market Share Analysis, 2021

            15.11.2.1. By Product Type

            15.11.2.2. By Application 

            15.11.2.3. ByPower Rating 

            15.11.2.4. By Sales Channel

    15.12. BENELUX

        15.12.1. Pricing Analysis

        15.12.2. Market Share Analysis, 2021

            15.12.2.1. By Product Type

            15.12.2.2. By Application 

            15.12.2.3. ByPower Rating 

            15.12.2.4. By Sales Channel

    15.13. China

        15.13.1. Pricing Analysis

        15.13.2. Market Share Analysis, 2021

            15.13.2.1. By Product Type

            15.13.2.2. By Application 

            15.13.2.3. ByPower Rating 

            15.13.2.4. By Sales Channel

    15.14. Japan

        15.14.1. Pricing Analysis

        15.14.2. Market Share Analysis, 2021

            15.14.2.1. By Product Type

            15.14.2.2. By Application 

            15.14.2.3. ByPower Rating 

            15.14.2.4. By Sales Channel

    15.15. South Korea

        15.15.1. Pricing Analysis

        15.15.2. Market Share Analysis, 2021

            15.15.2.1. By Product Type

            15.15.2.2. By Application 

            15.15.2.3. ByPower Rating 

            15.15.2.4. By Sales Channel

    15.16. India

        15.16.1. Pricing Analysis

        15.16.2. Market Share Analysis, 2021

            15.16.2.1. By Product Type

            15.16.2.2. By Application 

            15.16.2.3. ByPower Rating 

            15.16.2.4. By Sales Channel

    15.17. GCC Countries

        15.17.1. Pricing Analysis

        15.17.2. Market Share Analysis, 2021

            15.17.2.1. By Product Type

            15.17.2.2. By Application 

            15.17.2.3. ByPower Rating 

            15.17.2.4. By Sales Channel

16. Market Structure Analysis

    16.1. Competition Dashboard

    16.2. Competition Benchmarking

    16.3. Market Share Analysis of Top Players

        16.3.1. By Regional

        16.3.2. By Product Type

        16.3.3. By Application 

        16.3.4. ByPower Rating 

        16.3.5. By Sales Channel

17. Competition Analysis

    17.1. Competition Deep Dive

        17.1.1. Daikin Industries

            17.1.1.1. Overview

            17.1.1.2. Product Portfolio

            17.1.1.3. Profitability by Market Segment

            17.1.1.4. Sales Footprint

            17.1.1.5. Strategy Overview

                17.1.1.5.1. Marketing Strategy

                17.1.1.5.2. Product Strategy

        17.1.2. Dwyer Instruments

            17.1.2.1. Overview

            17.1.2.2. Product Portfolio

            17.1.2.3. Profitability by Market Segment

            17.1.2.4. Sales Footprint

            17.1.2.5. Strategy Overview

                17.1.2.5.1. Marketing Strategy

                17.1.2.5.2. Product Strategy

        17.1.3. Ingersoll-Rand

            17.1.3.1. Overview

            17.1.3.2. Product Portfolio

            17.1.3.3. Profitability by Market Segment

            17.1.3.4. Sales Footprint

            17.1.3.5. Strategy Overview

                17.1.3.5.1. Marketing Strategy

                17.1.3.5.2. Product Strategy

        17.1.4. Carrier

            17.1.4.1. Overview

            17.1.4.2. Product Portfolio

            17.1.4.3. Profitability by Market Segment

            17.1.4.4. Sales Footprint

            17.1.4.5. Strategy Overview

                17.1.4.5.1. Marketing Strategy

                17.1.4.5.2. Product Strategy

        17.1.5. Airwell Group

            17.1.5.1. Overview

            17.1.5.2. Product Portfolio

            17.1.5.3. Profitability by Market Segment

            17.1.5.4. Sales Footprint

            17.1.5.5. Strategy Overview

                17.1.5.5.1. Marketing Strategy

                17.1.5.5.2. Product Strategy

        17.1.6. LG Electronics

            17.1.6.1. Overview

            17.1.6.2. Product Portfolio

            17.1.6.3. Profitability by Market Segment

            17.1.6.4. Sales Footprint

            17.1.6.5. Strategy Overview

                17.1.6.5.1. Marketing Strategy

                17.1.6.5.2. Product Strategy

        17.1.7. Lennox International

            17.1.7.1. Overview

            17.1.7.2. Product Portfolio

            17.1.7.3. Profitability by Market Segment

            17.1.7.4. Sales Footprint

            17.1.7.5. Strategy Overview

                17.1.7.5.1. Marketing Strategy

                17.1.7.5.2. Product Strategy

        17.1.8. SHARP

            17.1.8.1. Overview

            17.1.8.2. Product Portfolio

            17.1.8.3. Profitability by Market Segment

            17.1.8.4. Sales Footprint

            17.1.8.5. Strategy Overview

                17.1.8.5.1. Marketing Strategy

                17.1.8.5.2. Product Strategy

        17.1.9. Johnson Controls

            17.1.9.1. Overview

            17.1.9.2. Product Portfolio

            17.1.9.3. Profitability by Market Segment

            17.1.9.4. Sales Footprint

            17.1.9.5. Strategy Overview

                17.1.9.5.1. Marketing Strategy

                17.1.9.5.2. Product Strategy

        17.1.10. Siemens AG

            17.1.10.1. Overview

            17.1.10.2. Product Portfolio

            17.1.10.3. Profitability by Market Segment

            17.1.10.4. Sales Footprint

            17.1.10.5. Strategy Overview

                17.1.10.5.1. Marketing Strategy

                17.1.10.5.2. Product Strategy

        17.1.11. Voltas

            17.1.11.1. Overview

            17.1.11.2. Product Portfolio

            17.1.11.3. Profitability by Market Segment

            17.1.11.4. Sales Footprint

            17.1.11.5. Strategy Overview

                17.1.11.5.1. Marketing Strategy

                17.1.11.5.2. Product Strategy

        17.1.12. Samsung Electronics

            17.1.12.1. Overview

            17.1.12.2. Product Portfolio

            17.1.12.3. Profitability by Market Segment

            17.1.12.4. Sales Footprint

            17.1.12.5. Strategy Overview

                17.1.12.5.1. Marketing Strategy

                17.1.12.5.2. Product Strategy

        17.1.13. Electrolux

            17.1.13.1. Overview

            17.1.13.2. Product Portfolio

            17.1.13.3. Profitability by Market Segment

            17.1.13.4. Sales Footprint

            17.1.13.5. Strategy Overview

                17.1.13.5.1. Marketing Strategy

                17.1.13.5.2. Product Strategy

        17.1.14. Panasonic Corporation

            17.1.14.1. Overview

            17.1.14.2. Product Portfolio

            17.1.14.3. Profitability by Market Segment

            17.1.14.4. Sales Footprint

            17.1.14.5. Strategy Overview

                17.1.14.5.1. Marketing Strategy

                17.1.14.5.2. Product Strategy

        17.1.15. Haier Group Corporation

            17.1.15.1. Overview

            17.1.15.2. Product Portfolio

            17.1.15.3. Profitability by Market Segment

            17.1.15.4. Sales Footprint

            17.1.15.5. Strategy Overview

                17.1.15.5.1. Marketing Strategy

                17.1.15.5.2. Product Strategy

        17.1.16. Samsung

            17.1.16.1. Overview

            17.1.16.2. Product Portfolio

            17.1.16.3. Profitability by Market Segment

            17.1.16.4. Sales Footprint

            17.1.16.5. Strategy Overview

                17.1.16.5.1. Marketing Strategy

                17.1.16.5.2. Product Strategy

18. Assumptions & Acronyms Used

19. Research Methodology

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List of Tables

Table 1: Global Market Value (US$ Mn) Forecast by Region, 2017-2032

Table 2: Global Market Volume (Units) Forecast by Region, 2017-2032

Table 3: Global Market Value (US$ Mn) Forecast by Product Type, 2017-2032

Table 4: Global Market Volume (Units) Forecast by Product Type, 2017-2032

Table 5: Global Market Value (US$ Mn) Forecast by Application , 2017-2032

Table 6: Global Market Volume (Units) Forecast by Application , 2017-2032

Table 7: Global Market Value (US$ Mn) Forecast by  Power Rating , 2017-2032

Table 8: Global Market Volume (Units) Forecast by  Power Rating , 2017-2032

Table 9: Global Market Value (US$ Mn) Forecast by Sales Channel, 2017-2032

Table 10: Global Market Volume (Units) Forecast by Sales Channel, 2017-2032

Table 11: North America Market Value (US$ Mn) Forecast by Country, 2017-2032

Table 12: North America Market Volume (Units) Forecast by Country, 2017-2032

Table 13: North America Market Value (US$ Mn) Forecast by Product Type, 2017-2032

Table 14: North America Market Volume (Units) Forecast by Product Type, 2017-2032

Table 15: North America Market Value (US$ Mn) Forecast by Application , 2017-2032

Table 16: North America Market Volume (Units) Forecast by Application , 2017-2032

Table 17: North America Market Value (US$ Mn) Forecast by  Power Rating , 2017-2032

Table 18: North America Market Volume (Units) Forecast by  Power Rating , 2017-2032

Table 19: North America Market Value (US$ Mn) Forecast by Sales Channel, 2017-2032

Table 20: North America Market Volume (Units) Forecast by Sales Channel, 2017-2032

Table 21: Latin America Market Value (US$ Mn) Forecast by Country, 2017-2032

Table 22: Latin America Market Volume (Units) Forecast by Country, 2017-2032

Table 23: Latin America Market Value (US$ Mn) Forecast by Product Type, 2017-2032

Table 24: Latin America Market Volume (Units) Forecast by Product Type, 2017-2032

Table 25: Latin America Market Value (US$ Mn) Forecast by Application , 2017-2032

Table 26: Latin America Market Volume (Units) Forecast by Application , 2017-2032

Table 27: Latin America Market Value (US$ Mn) Forecast by  Power Rating , 2017-2032

Table 28: Latin America Market Volume (Units) Forecast by  Power Rating , 2017-2032

Table 29: Latin America Market Value (US$ Mn) Forecast by Sales Channel, 2017-2032

Table 30: Latin America Market Volume (Units) Forecast by Sales Channel, 2017-2032

Table 31: Europe Market Value (US$ Mn) Forecast by Country, 2017-2032

Table 32: Europe Market Volume (Units) Forecast by Country, 2017-2032

Table 33: Europe Market Value (US$ Mn) Forecast by Product Type, 2017-2032

Table 34: Europe Market Volume (Units) Forecast by Product Type, 2017-2032

Table 35: Europe Market Value (US$ Mn) Forecast by Application , 2017-2032

Table 36: Europe Market Volume (Units) Forecast by Application , 2017-2032

Table 37: Europe Market Value (US$ Mn) Forecast by  Power Rating , 2017-2032

Table 38: Europe Market Volume (Units) Forecast by  Power Rating , 2017-2032

Table 39: Europe Market Value (US$ Mn) Forecast by Sales Channel, 2017-2032

Table 40: Europe Market Volume (Units) Forecast by Sales Channel, 2017-2032

Table 41: Asia Pacific Market Value (US$ Mn) Forecast by Country, 2017-2032

Table 42: Asia Pacific Market Volume (Units) Forecast by Country, 2017-2032

Table 43: Asia Pacific Market Value (US$ Mn) Forecast by Product Type, 2017-2032

Table 44: Asia Pacific Market Volume (Units) Forecast by Product Type, 2017-2032

Table 45: Asia Pacific Market Value (US$ Mn) Forecast by Application , 2017-2032

Table 46: Asia Pacific Market Volume (Units) Forecast by Application , 2017-2032

Table 47: Asia Pacific Market Value (US$ Mn) Forecast by  Power Rating , 2017-2032

Table 48: Asia Pacific Market Volume (Units) Forecast by  Power Rating , 2017-2032

Table 49: Asia Pacific Market Value (US$ Mn) Forecast by Sales Channel, 2017-2032

Table 50: Asia Pacific Market Volume (Units) Forecast by Sales Channel, 2017-2032

Table 51: MEA Market Value (US$ Mn) Forecast by Country, 2017-2032

Table 52: MEA Market Volume (Units) Forecast by Country, 2017-2032

Table 53: MEA Market Value (US$ Mn) Forecast by Product Type, 2017-2032

Table 54: MEA Market Volume (Units) Forecast by Product Type, 2017-2032

Table 55: MEA Market Value (US$ Mn) Forecast by Application , 2017-2032

Table 56: MEA Market Volume (Units) Forecast by Application , 2017-2032

Table 57: MEA Market Value (US$ Mn) Forecast by  Power Rating , 2017-2032

Table 58: MEA Market Volume (Units) Forecast by  Power Rating , 2017-2032

Table 59: MEA Market Value (US$ Mn) Forecast by Sales Channel, 2017-2032

Table 60: MEA Market Volume (Units) Forecast by Sales Channel, 2017-2032

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List of Charts

Figure 1: Global Market Value (US$ Mn) by Product Type, 2022-2032

Figure 2: Global Market Value (US$ Mn) by Application , 2022-2032

Figure 3: Global Market Value (US$ Mn) by  Power Rating , 2022-2032

Figure 4: Global Market Value (US$ Mn) by Sales Channel, 2022-2032

Figure 5: Global Market Value (US$ Mn) by Region, 2022-2032

Figure 6: Global Market Value (US$ Mn) Analysis by Region, 2017-2032

Figure 7: Global Market Volume (Units) Analysis by Region, 2017-2032

Figure 8: Global Market Value Share (%) and BPS Analysis by Region, 2022-2032

Figure 9: Global Market Y-o-Y Growth (%) Projections by Region, 2022-2032

Figure 10: Global Market Value (US$ Mn) Analysis by Product Type, 2017-2032

Figure 11: Global Market Volume (Units) Analysis by Product Type, 2017-2032

Figure 12: Global Market Value Share (%) and BPS Analysis by Product Type, 2022-2032

Figure 13: Global Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032

Figure 14: Global Market Value (US$ Mn) Analysis by Application , 2017-2032

Figure 15: Global Market Volume (Units) Analysis by Application , 2017-2032

Figure 16: Global Market Value Share (%) and BPS Analysis by Application , 2022-2032

Figure 17: Global Market Y-o-Y Growth (%) Projections by Application , 2022-2032

Figure 18: Global Market Value (US$ Mn) Analysis by  Power Rating , 2017-2032

Figure 19: Global Market Volume (Units) Analysis by  Power Rating , 2017-2032

Figure 20: Global Market Value Share (%) and BPS Analysis by  Power Rating , 2022-2032

Figure 21: Global Market Y-o-Y Growth (%) Projections by  Power Rating , 2022-2032

Figure 22: Global Market Value (US$ Mn) Analysis by Sales Channel, 2017-2032

Figure 23: Global Market Volume (Units) Analysis by Sales Channel, 2017-2032

Figure 24: Global Market Value Share (%) and BPS Analysis by Sales Channel, 2022-2032

Figure 25: Global Market Y-o-Y Growth (%) Projections by Sales Channel, 2022-2032

Figure 26: Global Market Attractiveness by Product Type, 2022-2032

Figure 27: Global Market Attractiveness by Application , 2022-2032

Figure 28: Global Market Attractiveness by  Power Rating , 2022-2032

Figure 29: Global Market Attractiveness by Sales Channel, 2022-2032

Figure 30: Global Market Attractiveness by Region, 2022-2032

Figure 31: North America Market Value (US$ Mn) by Product Type, 2022-2032

Figure 32: North America Market Value (US$ Mn) by Application , 2022-2032

Figure 33: North America Market Value (US$ Mn) by  Power Rating , 2022-2032

Figure 34: North America Market Value (US$ Mn) by Sales Channel, 2022-2032

Figure 35: North America Market Value (US$ Mn) by Country, 2022-2032

Figure 36: North America Market Value (US$ Mn) Analysis by Country, 2017-2032

Figure 37: North America Market Volume (Units) Analysis by Country, 2017-2032

Figure 38: North America Market Value Share (%) and BPS Analysis by Country, 2022-2032

Figure 39: North America Market Y-o-Y Growth (%) Projections by Country, 2022-2032

Figure 40: North America Market Value (US$ Mn) Analysis by Product Type, 2017-2032

Figure 41: North America Market Volume (Units) Analysis by Product Type, 2017-2032

Figure 42: North America Market Value Share (%) and BPS Analysis by Product Type, 2022-2032

Figure 43: North America Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032

Figure 44: North America Market Value (US$ Mn) Analysis by Application , 2017-2032

Figure 45: North America Market Volume (Units) Analysis by Application , 2017-2032

Figure 46: North America Market Value Share (%) and BPS Analysis by Application , 2022-2032

Figure 47: North America Market Y-o-Y Growth (%) Projections by Application , 2022-2032

Figure 48: North America Market Value (US$ Mn) Analysis by  Power Rating , 2017-2032

Figure 49: North America Market Volume (Units) Analysis by  Power Rating , 2017-2032

Figure 50: North America Market Value Share (%) and BPS Analysis by  Power Rating , 2022-2032

Figure 51: North America Market Y-o-Y Growth (%) Projections by  Power Rating , 2022-2032

Figure 52: North America Market Value (US$ Mn) Analysis by Sales Channel, 2017-2032

Figure 53: North America Market Volume (Units) Analysis by Sales Channel, 2017-2032

Figure 54: North America Market Value Share (%) and BPS Analysis by Sales Channel, 2022-2032

Figure 55: North America Market Y-o-Y Growth (%) Projections by Sales Channel, 2022-2032

Figure 56: North America Market Attractiveness by Product Type, 2022-2032

Figure 57: North America Market Attractiveness by Application , 2022-2032

Figure 58: North America Market Attractiveness by  Power Rating , 2022-2032

Figure 59: North America Market Attractiveness by Sales Channel, 2022-2032

Figure 60: North America Market Attractiveness by Country, 2022-2032

Figure 61: Latin America Market Value (US$ Mn) by Product Type, 2022-2032

Figure 62: Latin America Market Value (US$ Mn) by Application , 2022-2032

Figure 63: Latin America Market Value (US$ Mn) by  Power Rating , 2022-2032

Figure 64: Latin America Market Value (US$ Mn) by Sales Channel, 2022-2032

Figure 65: Latin America Market Value (US$ Mn) by Country, 2022-2032

Figure 66: Latin America Market Value (US$ Mn) Analysis by Country, 2017-2032

Figure 67: Latin America Market Volume (Units) Analysis by Country, 2017-2032

Figure 68: Latin America Market Value Share (%) and BPS Analysis by Country, 2022-2032

Figure 69: Latin America Market Y-o-Y Growth (%) Projections by Country, 2022-2032

Figure 70: Latin America Market Value (US$ Mn) Analysis by Product Type, 2017-2032

Figure 71: Latin America Market Volume (Units) Analysis by Product Type, 2017-2032

Figure 72: Latin America Market Value Share (%) and BPS Analysis by Product Type, 2022-2032

Figure 73: Latin America Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032

Figure 74: Latin America Market Value (US$ Mn) Analysis by Application , 2017-2032

Figure 75: Latin America Market Volume (Units) Analysis by Application , 2017-2032

Figure 76: Latin America Market Value Share (%) and BPS Analysis by Application , 2022-2032

Figure 77: Latin America Market Y-o-Y Growth (%) Projections by Application , 2022-2032

Figure 78: Latin America Market Value (US$ Mn) Analysis by  Power Rating , 2017-2032

Figure 79: Latin America Market Volume (Units) Analysis by  Power Rating , 2017-2032

Figure 80: Latin America Market Value Share (%) and BPS Analysis by  Power Rating , 2022-2032

Figure 81: Latin America Market Y-o-Y Growth (%) Projections by  Power Rating , 2022-2032

Figure 82: Latin America Market Value (US$ Mn) Analysis by Sales Channel, 2017-2032

Figure 83: Latin America Market Volume (Units) Analysis by Sales Channel, 2017-2032

Figure 84: Latin America Market Value Share (%) and BPS Analysis by Sales Channel, 2022-2032

Figure 85: Latin America Market Y-o-Y Growth (%) Projections by Sales Channel, 2022-2032

Figure 86: Latin America Market Attractiveness by Product Type, 2022-2032

Figure 87: Latin America Market Attractiveness by Application , 2022-2032

Figure 88: Latin America Market Attractiveness by  Power Rating , 2022-2032

Figure 89: Latin America Market Attractiveness by Sales Channel, 2022-2032

Figure 90: Latin America Market Attractiveness by Country, 2022-2032

Figure 91: Europe Market Value (US$ Mn) by Product Type, 2022-2032

Figure 92: Europe Market Value (US$ Mn) by Application , 2022-2032

Figure 93: Europe Market Value (US$ Mn) by  Power Rating , 2022-2032

Figure 94: Europe Market Value (US$ Mn) by Sales Channel, 2022-2032

Figure 95: Europe Market Value (US$ Mn) by Country, 2022-2032

Figure 96: Europe Market Value (US$ Mn) Analysis by Country, 2017-2032

Figure 97: Europe Market Volume (Units) Analysis by Country, 2017-2032

Figure 98: Europe Market Value Share (%) and BPS Analysis by Country, 2022-2032

Figure 99: Europe Market Y-o-Y Growth (%) Projections by Country, 2022-2032

Figure 100: Europe Market Value (US$ Mn) Analysis by Product Type, 2017-2032

Figure 101: Europe Market Volume (Units) Analysis by Product Type, 2017-2032

Figure 102: Europe Market Value Share (%) and BPS Analysis by Product Type, 2022-2032

Figure 103: Europe Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032

Figure 104: Europe Market Value (US$ Mn) Analysis by Application , 2017-2032

Figure 105: Europe Market Volume (Units) Analysis by Application , 2017-2032

Figure 106: Europe Market Value Share (%) and BPS Analysis by Application , 2022-2032

Figure 107: Europe Market Y-o-Y Growth (%) Projections by Application , 2022-2032

Figure 108: Europe Market Value (US$ Mn) Analysis by  Power Rating , 2017-2032

Figure 109: Europe Market Volume (Units) Analysis by  Power Rating , 2017-2032

Figure 110: Europe Market Value Share (%) and BPS Analysis by  Power Rating , 2022-2032

Figure 111: Europe Market Y-o-Y Growth (%) Projections by  Power Rating , 2022-2032

Figure 112: Europe Market Value (US$ Mn) Analysis by Sales Channel, 2017-2032

Figure 113: Europe Market Volume (Units) Analysis by Sales Channel, 2017-2032

Figure 114: Europe Market Value Share (%) and BPS Analysis by Sales Channel, 2022-2032

Figure 115: Europe Market Y-o-Y Growth (%) Projections by Sales Channel, 2022-2032

Figure 116: Europe Market Attractiveness by Product Type, 2022-2032

Figure 117: Europe Market Attractiveness by Application , 2022-2032

Figure 118: Europe Market Attractiveness by  Power Rating , 2022-2032

Figure 119: Europe Market Attractiveness by Sales Channel, 2022-2032

Figure 120: Europe Market Attractiveness by Country, 2022-2032

Figure 121: Asia Pacific Market Value (US$ Mn) by Product Type, 2022-2032

Figure 122: Asia Pacific Market Value (US$ Mn) by Application , 2022-2032

Figure 123: Asia Pacific Market Value (US$ Mn) by  Power Rating , 2022-2032

Figure 124: Asia Pacific Market Value (US$ Mn) by Sales Channel, 2022-2032

Figure 125: Asia Pacific Market Value (US$ Mn) by Country, 2022-2032

Figure 126: Asia Pacific Market Value (US$ Mn) Analysis by Country, 2017-2032

Figure 127: Asia Pacific Market Volume (Units) Analysis by Country, 2017-2032

Figure 128: Asia Pacific Market Value Share (%) and BPS Analysis by Country, 2022-2032

Figure 129: Asia Pacific Market Y-o-Y Growth (%) Projections by Country, 2022-2032

Figure 130: Asia Pacific Market Value (US$ Mn) Analysis by Product Type, 2017-2032

Figure 131: Asia Pacific Market Volume (Units) Analysis by Product Type, 2017-2032

Figure 132: Asia Pacific Market Value Share (%) and BPS Analysis by Product Type, 2022-2032

Figure 133: Asia Pacific Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032

Figure 134: Asia Pacific Market Value (US$ Mn) Analysis by Application , 2017-2032

Figure 135: Asia Pacific Market Volume (Units) Analysis by Application , 2017-2032

Figure 136: Asia Pacific Market Value Share (%) and BPS Analysis by Application , 2022-2032

Figure 137: Asia Pacific Market Y-o-Y Growth (%) Projections by Application , 2022-2032

Figure 138: Asia Pacific Market Value (US$ Mn) Analysis by  Power Rating , 2017-2032

Figure 139: Asia Pacific Market Volume (Units) Analysis by  Power Rating , 2017-2032

Figure 140: Asia Pacific Market Value Share (%) and BPS Analysis by  Power Rating , 2022-2032

Figure 141: Asia Pacific Market Y-o-Y Growth (%) Projections by  Power Rating , 2022-2032

Figure 142: Asia Pacific Market Value (US$ Mn) Analysis by Sales Channel, 2017-2032

Figure 143: Asia Pacific Market Volume (Units) Analysis by Sales Channel, 2017-2032

Figure 144: Asia Pacific Market Value Share (%) and BPS Analysis by Sales Channel, 2022-2032

Figure 145: Asia Pacific Market Y-o-Y Growth (%) Projections by Sales Channel, 2022-2032

Figure 146: Asia Pacific Market Attractiveness by Product Type, 2022-2032

Figure 147: Asia Pacific Market Attractiveness by Application , 2022-2032

Figure 148: Asia Pacific Market Attractiveness by  Power Rating , 2022-2032

Figure 149: Asia Pacific Market Attractiveness by Sales Channel, 2022-2032

Figure 150: Asia Pacific Market Attractiveness by Country, 2022-2032

Figure 151: MEA Market Value (US$ Mn) by Product Type, 2022-2032

Figure 152: MEA Market Value (US$ Mn) by Application , 2022-2032

Figure 153: MEA Market Value (US$ Mn) by  Power Rating , 2022-2032

Figure 154: MEA Market Value (US$ Mn) by Sales Channel, 2022-2032

Figure 155: MEA Market Value (US$ Mn) by Country, 2022-2032

Figure 156: MEA Market Value (US$ Mn) Analysis by Country, 2017-2032

Figure 157: MEA Market Volume (Units) Analysis by Country, 2017-2032

Figure 158: MEA Market Value Share (%) and BPS Analysis by Country, 2022-2032

Figure 159: MEA Market Y-o-Y Growth (%) Projections by Country, 2022-2032

Figure 160: MEA Market Value (US$ Mn) Analysis by Product Type, 2017-2032

Figure 161: MEA Market Volume (Units) Analysis by Product Type, 2017-2032

Figure 162: MEA Market Value Share (%) and BPS Analysis by Product Type, 2022-2032

Figure 163: MEA Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032

Figure 164: MEA Market Value (US$ Mn) Analysis by Application , 2017-2032

Figure 165: MEA Market Volume (Units) Analysis by Application , 2017-2032

Figure 166: MEA Market Value Share (%) and BPS Analysis by Application , 2022-2032

Figure 167: MEA Market Y-o-Y Growth (%) Projections by Application , 2022-2032

Figure 168: MEA Market Value (US$ Mn) Analysis by  Power Rating , 2017-2032

Figure 169: MEA Market Volume (Units) Analysis by  Power Rating , 2017-2032

Figure 170: MEA Market Value Share (%) and BPS Analysis by  Power Rating , 2022-2032

Figure 171: MEA Market Y-o-Y Growth (%) Projections by  Power Rating , 2022-2032

Figure 172: MEA Market Value (US$ Mn) Analysis by Sales Channel, 2017-2032

Figure 173: MEA Market Volume (Units) Analysis by Sales Channel, 2017-2032

Figure 174: MEA Market Value Share (%) and BPS Analysis by Sales Channel, 2022-2032

Figure 175: MEA Market Y-o-Y Growth (%) Projections by Sales Channel, 2022-2032

Figure 176: MEA Market Attractiveness by Product Type, 2022-2032

Figure 177: MEA Market Attractiveness by Application , 2022-2032

Figure 178: MEA Market Attractiveness by  Power Rating , 2022-2032

Figure 179: MEA Market Attractiveness by Sales Channel, 2022-2032

Figure 180: MEA Market Attractiveness by Country, 2022-2032

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