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Microwave Market

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

Microwave Market by Product Type, Application, Structure, Sales Channel & Region - Forecast 2022 - 2032

Microwave Market Overview (2022-2032)

[300 Pages Report] The global microwave market is estimated to reach US$ 8 Billion in 2022. Sales of microwaves are expected to increase at a steady 4% CAGR, pushing the market size to US$ 11.84 Billion by 2032, supported by:

  • Increasing demand for frozen and ready-to-eat food
  • Increasing urbanization and rising standard of living
  • Increasing working population and the preoccupied schedules of people in urban cities.
  • Growth of the food processing and food service industry
  • Increased spending power of consumers and rising demand for smart kitchen appliances
  • Increasing need for energy-efficient kitchen appliances.

During the period ranging from 2020 to 2022, microwave demand prospects appeared limited, attributed to the onset of the COVID-19 pandemic, which shook investor confidence amid cessation of all industrial activity. This blip was gradually overcome since mid-2021, leading to a resurgence in growth projections.

The microwave uses electromagnetic radiation for heating and cooking and heats food efficiently with safe radiation. Microwaves are popular for reheating previously cooked foods and cooking a variety of food.

Rising demand for fresh food and ready-to-eat foods coupled with growing sales of smart kitchen appliances is the key factor boosting the microwave market. Increased adoption of modern and contemporary kitchen equipment is promoting growth in the market.

Also, the increased spending on smart kitchen appliances is increasing, key players are focusing on product launches and the integration of advanced technologies in cooking gadgets to boost the microwave market.

Data Points

Key Statistics

Microwave Market Value in 2022

US$ 8 Billion

Microwave Market Forecast Value in 2032

US$ 11.84 Billion

Global Growth Rate

4%

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Increased consumer inclination toward smart kitchen appliances to boost the microwave market in North America

North America, is expected to be the most lucrative market for microwave, and is expected to hold a significant value share in 2022. Preference for smart home appliances such as smart microwave is surging as a result of IoT enabled kitchen appliances.

The growing food processing and food service industry in North America has propelled the sales of microwave ovens in the region.

In addition, manufacturers are developing technologically advanced products such as smart microwaves compatible with smartphones. Moreover, with increasing internet penetration, and surging adoption of wireless technologies, sales of microwaves in the region are expected to surge over the forecast period.

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Increasing sales of countertop microwave

Based on the structure type, the countertop microwave holds the maximum share and is expected to have a significant market value share by the end of 2032. Growth in the segment is contributed to the compatibility of this microwave and its cost-effectiveness. As compared to built-in microwaves the installation of countertop microwaves is easy, as they have zero installation cost, and only require a power plug.

These microwaves are easy to use and they are suitable for most household cooking needs. The convenience to move such microwaves to desirable places is also contributing to sales in the market. Thus countertop microwaves have huge demand in the commercial sector as well. On the back of these aforementioned factors, the demand for countertop microwaves is surging over the assessment period.

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2017-2021 Global Microwave Market Outlook Compared to 2022-2032 Forecast

Demand for microwaves is expected to grow at a 4% CAGR over the forecast period, in comparison to the moderate CAGR registered between 2017 to 2021. Various startups and global players are leveraging digital platforms to promote their products and increase sales.

Increasing number of nuclear households and rising demand for frozen and ready-to-eat food are expected to drive the market. Besides this, hectic schedules and increasing focus on healthy diets among consumers will boost the adoption of microwaves.

Expansion in the hospitality sector, as well as a rise in catering contracts for large-scale events, seminars, and other social gatherings is expected to spur demand for commercial appliances. Increasing awareness of various kitchen equipment, such as grills, microwaves, and barbecue equipment is predicted to have a positive impact in the growth in the market.

Further, growing trend in home automation, which is characterized by inverter-based microwaves, is likely to create opportunities for growth for microwave manufacturers over the forecast period.

What are the Key Trends Driving Sales of Microwaves?

Increasing sales of frozen and ready-to-eat food is driving demand for microwaves among consumers. Growing population and increased understanding of different cooking mediums such as microwaves, grills, and barbeques are expected to propel sales of microwaves over the forecast period.

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Country-wise Insights

Why is the U.S. Microwave Market Witnessing High Demand?

“Increasing Focus on Home-cooking in the U.S. Will Fuel Sales of Microwaves

Sales in the U.S microwave market are forecast to increase at a 1.1% CAGR over the forecast period. Increasing demand for smart appliances and growing preference energy-efficient kitchen appliances are some of the factors driving the U.S. market.

Furthermore, rising trend of home-cooking among millennials is spurring demand for affordable and energy efficient kitchen appliances among millennials in the U.S. will continue augmenting the growth in the market over the forecast period.

What is Driving the China Microwave Market?

“High Demand for Energy-Efficient Kitchen Appliances Will Fuel Sales of Microwaves”

Demand for microwaves in China is forecast to grow at a 10.2% CAGR over the assessment period. Increasing consumption of frozen and packaged meat snacks in China is fueling sales of microwaves.

In addition to this, rapid adoption of technologically advanced equipment for the manufacturing of consumer goods and kitchen appliances in China will propel sales of microwaves over the assessment period.

How is the India Microwave Market Faring?

“Rising Demand for Convenient Kitchen Products Will Drive the India Microwave Market”

The India microwave market is expected to expand at a CAGR of 8.0% during the forecast period. Consumers are preferring technology-driven kitchen appliances, such as microwaves, which is expected to boost sales in the market.

Rising electrification in rural areas and high adoption of online retail channels will drive the expansion in the market over the assessment period.

Category-wise Insights

What is Driving Sales of Countertop Microwave Products?

“Demand for Countertop Microwaves Will Continue Gaining Traction”

Based on structure, sales of countertop microwaves will grow at a CAGR of 3.3% during the forecast period. When compared with built-in microwave, the cost of countertop microwaves is less. The installation of countertop microwaves is also easy.

Furthermore, they have zero establishment costs and only require a power plug and space at the counter. Rising demand for energy-efficient and affordable kitchen appliances will drive sales in this segment.

Which is the Leading Application Segment in the Microwave Market?

“Sales of Microwaves for Commercial Purposes to Remain High”

By applications, demand for microwave in the commercial sector is expected to increase at a 4.1% CAGR over the assessment period. The cost of using microwave is less as it uses less energy than a cook stove. It is suitable for small portions of food, which is useful in places such as restaurants, hotels, schools, and offices.

Which is the Most Preferred Sales Channel for Microwaves?

“Increased Product Availability on Internet Platforms Will Propel Sales of Microwaves”

In terms of sales channels, the online segment will account for a dominant share in the market over the forecast period. Increased product availability on internet platforms, which allows for price, design, and feature comparisons, will boost sales through these channels.

Secure transaction/payment and doorstep delivery are also provided by online platforms. Refund and exchange policies that are friendly to customers are maintained. As a result, sales of microwaves through online channels will remain high.

Competitive Landscape

Leading companies operating in the global microwave market are investing in research and development to introduce new products in the market. Manufacturers are also using brand other strategies to improve their brand awareness. For instance:

  • In 2021, Panasonic launched NN-CD674M 27 L Convection Microwave.

Scope of Report

Attribute

Details

Estimated Market Size (2022)

US$ 8 Bn

Projected Market Valuation (2032)

US$ 11.8 Bn

Value-based CAGR (2022-2032)

4% CAGR

Forecast Period

2022-2032

Historical Data Available for

2017-2021

Market Analysis

US$ Billion for Value

Key Regions Covered

North America, Latin America, Europe, East Asia,

South Asia, Oceania & MEA

Key Countries Covered

The U.S., Canada, Brazil, Mexico, Germany, the U.K., France, Spain, Italy, Russia, Benelux, South Africa, Northern Africa GCC Countries, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Australia & New Zealand.

Key Segments Covered

Product Type, Application, Structure, Sales Channel and Region.

Key Companies Profiled

Report Coverage

Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives

Global Microwave Market by Category

By Product Type:

  • Convection
  • Grill
  • Solo

By Application:

  • Household
  • Commercial

By Structure:

  • Built-In
  • Countertop

By Sales Channel:

  • Hypermarkets/ Supermarkets
  • Wholesalers/Distributors
  • Specialty Stores
  • Multibrand Stores
  • Online Retailers
  • Other Sales Channel

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • MEA

Frequently Asked Questions

The global microwave market is projected to reach a valuation of US$ 8 Bn in 2022.

The global microwave market grew at a 4.0% CAGR between 2022 and 2032.

The growing popularity of online stores, new product launches, and increasing usage of commercial microwaves are some of the key trends boosting the market.

Leading players operating in the global microwave market are Whirlpool, LG, Panasonic, Robert Bosch, and others.

Table of Content

1. Executive Summary

    1.1. Global Market Outlook

    1.2. Summary of Key Statistics

    1.3. Summary of Key Findings

    1.4. Product Evolution Analysis

    1.5. FMI Analysis and Recommendations

2. Market Overview

    2.1. Market Taxonomy

    2.2. Market Definition

3. Key Market Trends

    3.1. Key Trends Impacting the Market

    3.2. Winning Themes

    3.3. Key Product Development Trends

        3.3.1. Product Launches

        3.3.2. Acquisition & Mergers

        3.3.3. Expansion

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

    4.1. Historical Market Volume (‘000 Units) Analysis, 2017-2021

    4.2. Current and Future Market Volume (‘000 Units) Projections, 2022-2032

    4.3. Y-o-Y Growth Trend Analysis

5. Global Market - Pricing Analysis

    5.1. Regional Pricing Analysis By Price Range

    5.2. Pricing Break-up

        5.2.1. Manufacturer Level Pricing

        5.2.2. Distributor Level Pricing

    5.3. Global Average Pricing Analysis Benchmark

6. Global Market Demand (in Value or Size in US$ Bn) Analysis 2017-2021 and Forecast, 2022-2032

    6.1. Historical Market Value (US$ Bn) Analysis, 2017-2021

    6.2. Current and Future Market Value (US$ Bn) Projections, 2022-2032

        6.2.1. Y-o-Y Growth Trend Analysis

        6.2.2. Absolute $ Opportunity Analysis

7. Market Background

    7.1. Macro-Economic Factors

        7.1.1. Global GDP Growth Outlook

        7.1.2. Global Industry Value Added

        7.1.3. Global Consumer Spending Outlook

        7.1.4. Global E-Commerce Industry Outlook

        7.1.5. Per Capital Spending Outlook

        7.1.6. Urbanization Growth Outlook

        7.1.7. Other Key Macro-Economic Factors

    7.2. Industry Value and Sales Channel Analysis

    7.3. Forecast Factors - Relevance & Impact

        7.3.1. Top Companies Historical Growth

        7.3.2. Global Population Growth Outlook

        7.3.3. GDP Growth Rate Analysis

        7.3.4. Contribution to GDP & Employment

        7.3.5. Urbanization Growth Outlook

        7.3.6. Manufacturing Sector GVA

        7.3.7. Per Capita Disposable Income

        7.3.8. Other Key Forecast Factors

    7.4. PESTLE Analysis of Market

    7.5. Porter’s Five Force

    7.6. Investment Feasibility Analysis

    7.7. Market Dynamics

        7.7.1. Drivers

        7.7.2. Restraints

        7.7.3. Opportunity Analysis

8. Global Market Analysis 2017-2021 and Forecast 2022-2032, by Product Type

    8.1. Introduction / Key Findings

    8.2. Historical Market Size (US$ Bn) and Volume Analysis By Product Type, 2017-2021

    8.3. Current and Future Market Size (US$ Bn) and Volume Analysis and Forecast By Product Type, 2022-2032

        8.3.1. Convection

        8.3.2. Grill

        8.3.3. Solo

    8.4. Market Attractiveness Analysis By Product type

9. Global Market Analysis 2017-2021 and Forecast 2022-2032, by Application

    9.1. Introduction / Key Findings

    9.2. Historical Market Size (US$ Bn) and Volume Analysis By Application, 2017-2021

    9.3. Current and Future Market Size (US$ Bn) and Volume Analysis and Forecast By Application, 2022-2032

        9.3.1. Household

        9.3.2. Commercial

    9.4. Market Attractiveness Analysis By Application

10.  Global Market Analysis 2017-2021 and Forecast 2022-2032, by Structure

    10.1. Introduction / Key Findings

    10.2. Historical Market Size (US$ Bn) and Volume Analysis By Structure, 2017-2021

    10.3. Current and Future Market Size (US$ Bn) and Volume Analysis and Forecast By Structure, 2022-2032

        10.3.1. Built-in

        10.3.2. Countertop

    10.4. Market Attractiveness Analysis By Structure

11. Global Market Analysis 2017-2021 and Forecast 2022-2032, by Sales Channel

    11.1. Introduction / Key Findings

    11.2. Historical Market Size (US$ Bn) and Volume Analysis By Sales Channel, 2017-2021

    11.3. Current and Future Market Size (US$ Bn) and Volume Analysis and Forecast Sales Channel, 2022-2032

        11.3.1. Hypermarkets/Supermarkets

        11.3.2. Wholesaler/Distributer

        11.3.3. Specialty Stores

        11.3.4. Multi-brand store

        11.3.5. Online Retailers

        11.3.6. Others

    11.4. Market Attractiveness Analysis By Sales Channel

12. Global Market Analysis 2017-2021 and Forecast 2022-2032, by Region

    12.1. Introduction

    12.2. Historical Market Size (US$ Bn) and Volume Analysis By Region, 2017-2021

    12.3. Current Market Size (US$ Bn) and Volume Analysis and Forecast By Region, 2022-2032

        12.3.1. North America

        12.3.2. Latin America

        12.3.3. Europe

        12.3.4. East Asia

        12.3.5. South Asia

        12.3.6. Oceania

        12.3.7. MEA

    12.4. Market Attractiveness Analysis By Region

13. North America Market Analysis 2017-2021 and Forecast 2022-2032

    13.1. Introduction

    13.2. Pricing Analysis

    13.3. Historical Market Size (US$ Bn) and Volume Trend Analysis By Market Taxonomy, 2017-2021

    13.4. Market Size (US$ Bn) and Volume Forecast By Market Taxonomy, 2022-2032

        13.4.1. By Country

            13.4.1.1. US

            13.4.1.2. Canada

        13.4.2. By Product Type

        13.4.3. By Application

        13.4.4. By Structure

        13.4.5. By Sales Channel

    13.5. Market Attractiveness Analysis

        13.5.1. By Country

        13.5.2. By Product Type

        13.5.3. By Structure

        13.5.4. By Sales Channel

    13.6. Market Trends

    13.7. Key Market Participants - Intensity Mapping

    13.8. Drivers and Restraints - Impact Analysis

14. Latin America Market Analysis 2017-2021 and Forecast 2022-2032

    14.1. Introduction

    14.2. Pricing Analysis

    14.3. Historical Market Size (US$ Bn) and Volume Trend Analysis By Market Taxonomy, 2017-2021

    14.4. Market Size (US$ Bn) and Volume Forecast By Market Taxonomy, 2022-2032

        14.4.1. By Country

            14.4.1.1. Brazil

            14.4.1.2. Mexico

            14.4.1.3. Argentina

            14.4.1.4. Rest of Latin America

        14.4.2. By Product Type

        14.4.3. By Application

        14.4.4. By Structure

        14.4.5. By Sales Channel

    14.5. Market Attractiveness Analysis

        14.5.1. By Country

        14.5.2. By Product Type

        14.5.3. By Application

        14.5.4. By Structure

        14.5.5. By Sales Channel

    14.6. Market Trends

    14.7. Key Market Participants - Intensity Mapping

    14.8. Drivers and Restraints - Impact Analysis

15. Europe Market Analysis 2017-2021 and Forecast 2022-2032

    15.1. Introduction

    15.2. Pricing Analysis

    15.3. Historical Market Size (US$ Bn) and Volume Trend Analysis By Market Taxonomy, 2017-2021

    15.4. Market Size (US$ Bn) and Volume Forecast By Market Taxonomy, 2022-2032

        15.4.1. By Country

            15.4.1.1. UK

            15.4.1.2. France

            15.4.1.3. Germany

            15.4.1.4. Italy

            15.4.1.5. Spain

            15.4.1.6. Rest of Europe

        15.4.2. By Product Type

        15.4.3. By Application

        15.4.4. By Structure

        15.4.5. By Sales Channel

    15.5. Market Attractiveness Analysis

        15.5.1. By Country

        15.5.2. By Product Type

        15.5.3. By Application

        15.5.4. By Structure

        15.5.5. By Sales Channel

    15.6. Market Trends

    15.7. Key Market Participants - Intensity Mapping

    15.8. Drivers and Restraints - Impact Analysis

16. East Asia Market Analysis 2017-2021 and Forecast 2022-2032

    16.1. Introduction

    16.2. Pricing Analysis

    16.3. Historical Market Size (US$ Bn) and Volume Trend Analysis By Market Taxonomy, 2017-2021

    16.4. Market Size (US$ Bn) and Volume Forecast By Market Taxonomy, 2022-2032

        16.4.1. By Country

            16.4.1.1. China

            16.4.1.2. Japan

            16.4.1.3. South Korea

        16.4.2. By Product Type

        16.4.3. By Application

        16.4.4. By Structure

        16.4.5. By Sales Channel

    16.5. Market Attractiveness Analysis

        16.5.1. By Country

        16.5.2. By Product Type

        16.5.3. By Application

        16.5.4. By Structure

        16.5.5. By Sales Channel

    16.6. Market Trends

    16.7. Key Market Participants - Intensity Mapping

    16.8. Drivers and Restraints - Impact Analysis

17. South Asia Market Analysis 2017-2021 and Forecast 2022-2032

    17.1. Introduction

    17.2. Pricing Analysis

    17.3. Historical Market Size (US$ Bn) and Volume Trend Analysis By Market Taxonomy, 2017-2021

    17.4. Market Size (US$ Bn) and Volume Forecast By Market Taxonomy, 2022-2032

        17.4.1. By Country

            17.4.1.1. India

            17.4.1.2. Indonesia

            17.4.1.3. Malaysia

            17.4.1.4. Thailand

            17.4.1.5. Rest of South Asia

        17.4.2. By Product Type

        17.4.3. By Application

        17.4.4. By Structure

        17.4.5. By Sales Channel

    17.5. Market Attractiveness Analysis

        17.5.1. By Country

        17.5.2. By Product Type

        17.5.3. By Application

        17.5.4. By Structure

        17.5.5. By Sales Channel

    17.6. Market Trends

    17.7. Key Market Participants - Intensity Mapping

    17.8. Drivers and Restraints - Impact Analysis

18. Oceania Market Analysis 2017-2021 and Forecast 2022-2032

    18.1. Introduction

    18.2. Pricing Analysis

    18.3. Historical Market Size (US$ Bn) and Volume Trend Analysis By Market Taxonomy, 2017-2021

    18.4. Market Size (US$ Bn) and Volume Forecast By Market Taxonomy, 2022-2032

        18.4.1. By Country

            18.4.1.1. Australia

            18.4.1.2. New Zealand

        18.4.2. By Product Type

        18.4.3. By Application

        18.4.4. By Structure

        18.4.5. By Sales Channel

    18.5. Market Attractiveness Analysis

        18.5.1. By Country

        18.5.2. By Product Type

        18.5.3. By Application

        18.5.4. By Structure

        18.5.5. By Sales Channel

    18.6. Market Trends

    18.7. Key Market Participants - Intensity Mapping

    18.8. Drivers and Restraints - Impact Analysis

19. MEA Market Analysis 2017-2021 and Forecast 2022-2032

    19.1. Introduction

    19.2. Pricing Analysis

    19.3. Historical Market Size (US$ Bn) and Volume Trend Analysis By Market Taxonomy, 2017-2021

    19.4. Market Size (US$ Bn) and Volume Forecast By Market Taxonomy, 2022-2032

        19.4.1. By Country

            19.4.1.1. GCC Countries

            19.4.1.2. South Africa

            19.4.1.3. North Africa

            19.4.1.4. Rest of MEA

        19.4.2. By Product Type

        19.4.3. By Application

        19.4.4. By Structure

        19.4.5. By Sales Channel

    19.5. Market Attractiveness Analysis

        19.5.1. By Country

        19.5.2. By Product Type

        19.5.3. By Application

        19.5.4. By Structure

        19.5.5. By Sales Channel

    19.6. Market Trends

    19.7. Key Market Participants - Intensity Mapping

    19.8. Drivers and Restraints - Impact Analysis

20. Market Structure Analysis

    20.1. Market Analysis by Tier of Companies (Microwave)

    20.2. Market Concentration

    20.3. Market Share Analysis of Top Players

    20.4. Market Presence Analysis

        20.4.1. By Regional footprint of Players

        20.4.2. Product foot print by Players

        20.4.3. Channel Foot Print by Players

21. Competition Analysis

    21.1. Competition Dashboard

    21.2. Pricing Analysis by Competition

    21.3. Competition Benchmarking

    21.4. Competition Deep Dive

        21.4.1. Galanz Enterprise group.

            21.4.1.1. Overview

            21.4.1.2. Product Portfolio

            21.4.1.3. Profitability by Market Segments (Product/Price range/Channel/Region)

            21.4.1.4. Sales Footprint

            21.4.1.5. Strategy Overview

        21.4.2. Whirlpool Corporation

            21.4.2.1. Overview

            21.4.2.2. Product Portfolio

            21.4.2.3. Profitability by Market Segments (Product/Price range/Channel/Region)

            21.4.2.4. Sales Footprint

            21.4.2.5. Strategy Overview

        21.4.3. Hoover Limited

            21.4.3.1. Overview

            21.4.3.2. Product Portfolio

            21.4.3.3. Profitability by Market Segments (Product/Price range/Channel/Region)

            21.4.3.4. Sales Footprint

            21.4.3.5. Strategy Overview

        21.4.4. LG Electronics

            21.4.4.1. Overview

            21.4.4.2. Product Portfolio

            21.4.4.3. Profitability by Market Segments (Product/Price range/Channel/Region)

            21.4.4.4. Sales Footprint

            21.4.4.5. Strategy Overview

        21.4.5. AB Electrolux.

            21.4.5.1. Overview

            21.4.5.2. Product Portfolio

            21.4.5.3. Profitability by Market Segments (Product/Price range/Channel/Region)

            21.4.5.4. Sales Footprint

            21.4.5.5. Strategy Overview

        21.4.6. Sharp Corporation

            21.4.6.1. Overview

            21.4.6.2. Product Portfolio

            21.4.6.3. Profitability by Market Segments (Product/Price range/Channel/Region)

            21.4.6.4. Sales Footprint

            21.4.6.5. Strategy Overview

        21.4.7. Illionis Tool works INC

            21.4.7.1. Overview

            21.4.7.2. Product Portfolio

            21.4.7.3. Profitability by Market Segments (Product/Price range/Channel/Region)

            21.4.7.4. Sales Footprint

            21.4.7.5. Strategy Overview

        21.4.8. Alto-Shaam INC

            21.4.8.1. Overview

            21.4.8.2. Product Portfolio

            21.4.8.3. Profitability by Market Segments (Product/Price range/Channel/Region)

            21.4.8.4. Sales Footprint

            21.4.8.5. Strategy Overview

        21.4.9. Panasonic Corporation

            21.4.9.1. Overview

            21.4.9.2. Product Portfolio

            21.4.9.3. Profitability by Market Segments (Product/Price range/Channel/Region)

            21.4.9.4. Sales Footprint

            21.4.9.5. Strategy Overview

        21.4.10. Haier group corporation

            21.4.10.1. Overview

            21.4.10.2. Product Portfolio

            21.4.10.3. Profitability by Market Segments (Product/Price range/Channel/Region)

            21.4.10.4. Sales Footprint

            21.4.10.5. Strategy Overview

        21.4.11. Robert Bosch

            21.4.11.1. Overview

            21.4.11.2. Product Portfolio

            21.4.11.3. Profitability by Market Segments (Product/Price range/Channel/Region)

            21.4.11.4. Sales Footprint

            21.4.11.5. Strategy Overview

22. Assumptions and Acronyms Used

23. Research Methodology

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List of Tables

Table 1 : Global Market Value (US$ Bn) Forecast by Product Type, 2017-2032

Table 2 : Global Market Volume (‘000 Units) Forecast by Product Type, 2017-2032

Table 3 : Global Market Value (US$ Bn) Forecast, By Application, 2017-2032

Table 4 : Global Market Volume (‘000 Units) Forecast, By Application, 2017-2032

Table 5 : Global Market Value (US$ Bn) Forecast, By Structure, 2017-2032

Table 6 : Global Market Volume (‘000 Units) Forecast, By Structure, 2017-2032

Table 7 : Global Market Value (US$ Bn) Forecast, By Sales Channel, 2017-2032

Table 8 : Global Market Volume (‘000 Units) Forecast, By Sales Channel, 2017-2032

Table 9 : Global Market Value (US$ Bn) Forecast by Region, 2017-2032

Table 10 : Global Market Volume (‘000 Units) Forecast by Region, 2017-2032

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

Table 12 : North America Market Volume (‘000 Units) Forecast by Country, 2017-2032

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

Table 14 : North America Market Volume (‘000 Units) Forecast by Product Type, 2017-2032

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

Table 16 : North America Market Volume (‘000 Units) Forecast, By Application, 2017-2032

Table 17 : North America Market Value (US$ Bn) Forecast, By Structure, 2017-2032

Table 18 : North America Market Volume (‘000 Units) Forecast, By Structure, 2017-2032

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

Table 20 : North America Market Volume (‘000 Units) Forecast, By Sales Channel, 2017-2032

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

Table 22 : Latin America Market Volume (‘000 Units) Forecast by Country, 2017-2032

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

Table 24 : Latin America Market Volume (‘000 Units) Forecast by Product Type, 2017-2032

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

Table 26 : Latin America Market Volume (‘000 Units) Forecast, By Application, 2017-2032

Table 27 : Latin America Market Value (US$ Bn) Forecast, By Structure, 2017-2032

Table 28 : Latin America Market Volume (‘000 Units) Forecast, By Structure, 2017-2032

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

Table 30 : Latin America Market Volume (‘000 Units) Forecast, By Sales Channel, 2017-2032

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

Table 32 : Europe Market Volume (‘000 Units) Forecast by Country, 2017-2032

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

Table 34 : Europe Market Volume (‘000 Units) Forecast by Product Type, 2017-2032

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

Table 36 : Europe Market Volume (‘000 Units) Forecast, By Application, 2017-2032

Table 37 : Europe Market Value (US$ Bn) Forecast, By Structure, 2017-2032

Table 38 : Europe Market Volume (‘000 Units) Forecast, By Structure, 2017-2032

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

Table 40 : Europe Market Volume (‘000 Units) Forecast, By Sales Channel, 2017-2032

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

Table 42 : East Asia Market Volume (‘000 Units) Forecast by Country, 2017-2032

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

Table 44 : East Asia Market Volume (‘000 Units) Forecast by Product Type, 2017-2032

Table 45 : East Asia Market Value (US$ Bn) Forecast, By Application, 2017-2032

Table 46 : East Asia Market Volume (‘000 Units) Forecast, By Application, 2017-2032

Table 47 : East Asia Market Value (US$ Bn) Forecast, By Structure, 2017-2032

Table 48 : East Asia Market Volume (‘000 Units) Forecast, By Structure, 2017-2032

Table 49 : East Asia Market Value (US$ Bn) Forecast, By Sales Channel, 2017-2032

Table 50 : East Asia Market Volume (‘000 Units) Forecast, By Sales Channel, 2017-2032

Table 51 : South Asia Market Value (US$ Bn) Forecast by Country, 2017-2032

Table 52 : South Asia Market Volume (‘000 Units) Forecast by Country, 2017-2032

Table 53 : South Asia Market Value (US$ Bn) Forecast by Product Type, 2017-2032

Table 54 : South Asia Market Volume (‘000 Units) Forecast by Product Type, 2017-2032

Table 55 : South Asia Market Value (US$ Bn) Forecast, By Application, 2017-2032

Table 56 : South Asia Market Volume (‘000 Units) Forecast, By Application, 2017-2032

Table 57 : South Asia Market Value (US$ Bn) Forecast, By Structure, 2017-2032

Table 58 : South Asia Market Volume (‘000 Units) Forecast, By Structure, 2017-2032

Table 59 : South Asia Market Value (US$ Bn) Forecast, By Sales Channel, 2017-2032

Table 60 : South Asia Market Volume (‘000 Units) Forecast, By Sales Channel, 2017-2032

Table 61 : Oceania Market Value (US$ Bn) Forecast by Country, 2017-2032

Table 62 : Oceania Market Volume (‘000 Units) Forecast by Country, 2017-2032

Table 63 : Oceania Market Value (US$ Bn) Forecast by Product Type, 2017-2032

Table 64 : Oceania Market Volume (‘000 Units) Forecast by Product Type, 2017-2032

Table 65 : Oceania Market Value (US$ Bn) Forecast, By Application, 2017-2032

Table 66 : Oceania Market Volume (‘000 Units) Forecast, By Application, 2017-2032

Table 67 : Oceania Market Value (US$ Bn) Forecast, By Structure, 2017-2032

Table 68 : Oceania Market Volume (‘000 Units) Forecast, By Structure, 2017-2032

Table 69 : Oceania Market Value (US$ Bn) Forecast, By Sales Channel, 2017-2032

Table 70 : Oceania Market Volume (‘000 Units) Forecast, By Sales Channel, 2017-2032

Table 71 : MEA Market Value (US$ Bn) Forecast by Country, 2017-2032

Table 72 : MEA Market Volume (‘000 Units) Forecast by Country, 2017-2032

Table 73 : MEA Market Value (US$ Bn) Forecast by Product Type, 2017-2032

Table 74 : MEA Market Volume (‘000 Units) Forecast by Product Type, 2017-2032

Table 75 : MEA Market Value (US$ Bn) Forecast, By Application, 2017-2032

Table 76 : MEA Market Volume (‘000 Units) Forecast, By Application, 2017-2032

Table 77 : MEA Market Value (US$ Bn) Forecast, By Structure, 2017-2032

Table 78 : MEA Market Volume (‘000 Units) Forecast, By Structure, 2017-2032

Table 79 : MEA Market Value (US$ Bn) Forecast, By Sales Channel, 2017-2032

Table 80 : MEA Market Volume (‘000 Units) Forecast, By Sales Channel, 2017-2032

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Principal Consultant
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List of Charts

Figure 01 : Global Market Value (US$ Bn) and Volume (‘000 Units) Analysis, 2017-2021

Figure 02 : Global Market Value (US$ Bn) and Volume (‘000 Units) Forecast, 2022-2032

Figure 03 : Global Market Value (US$ Bn) Analysis, 2017-2021

Figure 04 : Global Market Value (US$ Bn) Forecast, 2022-2032

Figure 05 : Global Market Absolute $ Opportunity Value (US$ Bn), 2022-2032

Figure 06 : Global Market Value (US$ Bn) Analysis by Product Type, 2017-2032

Figure 07 : Global Market Volume (‘000 Units) Analysis by Product Type, 2017-2032

Figure 08 : Global Market Y-o-Y Growth (%) Projections, By Product Type, 2022-2032

Figure 09 : Global Market Attractiveness by Product Type, 2022-2032

Figure 10 : Global Market Value (US$ Bn) Analysis by Application, 2017-2032

Figure 11 : Global Market Volume (‘000 Units) Analysis by Application, 2017-2032

Figure 12 : Global Market Y-o-Y Growth (%) Projections, By Application, 2022-2032

Figure 13 : Global Market Attractiveness by Application, 2022-2032

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

Figure 15 : Global Market Volume (‘000 Units) Analysis by Structure, 2017-2032

Figure 16 : Global Market Y-o-Y Growth (%) Projections, By Structure, 2022-2032

Figure 17 : Global Market Attractiveness by Structure, 2022-2032

Figure 18 : Global Market Value (US$ Bn) Analysis by Sales Channel, 2017-2032

Figure 19 : Global Market Volume (‘000 Units) Analysis by Sales Channel, 2017-2032

Figure 20 : Global Market Y-o-Y Growth (%) Projections, By Sales Channel, 2022-2032

Figure 21 : Global Market Attractiveness by Sales Channel, 2022-2032

Figure 22 : Global Market Value (US$ Bn) Analysis by Region, 2017-2032

Figure 23 : Global Market Volume (‘000 Units) Analysis by Region, 2017-2032

Figure 24 : Global Market Y-o-Y Growth (%) Projections, By Region, 2022-2032

Figure 25 : Global Market Attractiveness by Region, 2022-2032

Figure 26 : North America Market Value (US$ Bn) Analysis by Country, 2017-2032

Figure 27 : North America Market Volume (‘000 Units) Analysis by Country, 2017-2032

Figure 28 : North America Market Y-o-Y Growth (%) Projections, By Country, 2022-2032

Figure 29 : North America Market Attractiveness by Country, 2022-2032

Figure 30 : North America Market Value (US$ Bn) Analysis by Product Type, 2017-2032

Figure 31 : North America Market Volume (‘000 Units) Analysis by Product Type, 2017-2032

Figure 32 : North America Market Y-o-Y Growth (%) Projections, By Product Type, 2022-2032

Figure 33 : North America Market Attractiveness by Product Type, 2022-2032

Figure 34 : North America Market Value (US$ Bn) Analysis by Application, 2017-2032

Figure 35 : North America Market Volume (‘000 Units) Analysis by Application, 2017-2032

Figure 36 : North America Market Y-o-Y Growth (%) Projections, By Application, 2022-2032

Figure 37 : North America Market Attractiveness by Application, 2022-2032

Figure 38 : North America Market Value (US$ Bn) Analysis by Structure, 2017-2032

Figure 39 : North America Market Volume (‘000 Units) Analysis by Structure, 2017-2032

Figure 40 : North America Market Y-o-Y Growth (%) Projections, By Structure, 2022-2032

Figure 41 : North America Market Attractiveness by Structure, 2022-2032

Figure 42 : North America Market Value (US$ Bn) Analysis by Sales Channel, 2017-2032

Figure 43 : North America Market Volume (‘000 Units) Analysis by Sales Channel, 2017-2032

Figure 44 : North America Market Y-o-Y Growth (%) Projections, By Sales Channel, 2022-2032

Figure 45 : North America Market Attractiveness by Sales Channel, 2022-2032

Figure 46 : Latin America Market Value (US$ Bn) Analysis by Country, 2017-2032

Figure 47 : Latin America Market Volume (‘000 Units) Analysis by Country, 2017-2032

Figure 48 : Latin America Market Y-o-Y Growth (%) Projections, By Country, 2022-2032

Figure 49 : Latin America Market Attractiveness by Country, 2022-2032

Figure 50 : Latin America Market Value (US$ Bn) Analysis by Product Type, 2017-2032

Figure 51 : Latin America Market Volume (‘000 Units) Analysis by Product Type, 2017-2032

Figure 52 : Latin America Market Y-o-Y Growth (%) Projections, By Product Type, 2022-2032

Figure 53 : Latin America Market Attractiveness by Product Type, 2022-2032

Figure 54 : Latin America Market Value (US$ Bn) Analysis by Application, 2017-2032

Figure 55 : Latin America Market Volume (‘000 Units) Analysis by Application, 2017-2032

Figure 56 : Latin America Market Y-o-Y Growth (%) Projections, By Application, 2022-2032

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

Figure 58 : Latin America Market Value (US$ Bn) Analysis by Structure, 2017-2032

Figure 59 : Latin America Market Volume (‘000 Units) Analysis by Structure, 2017-2032

Figure 60 : Latin America Market Y-o-Y Growth (%) Projections, By Structure, 2022-2032

Figure 61 : Latin America Market Attractiveness by Structure, 2022-2032

Figure 62 : Latin America Market Value (US$ Bn) Analysis by Sales Channel, 2017-2032

Figure 63 : Latin America Market Volume (‘000 Units) Analysis by Sales Channel, 2017-2032

Figure 64 : Latin America Market Y-o-Y Growth (%) Projections, By Sales Channel, 2022-2032

Figure 65 : Latin America Market Attractiveness by Sales Channel, 2022-2032

Figure 66 : Europe Market Value (US$ Bn) Analysis by Country, 2017-2032

Figure 67 : Europe Market Volume (‘000 Units) Analysis by Country, 2017-2032

Figure 68 : Europe Market Y-o-Y Growth (%) Projections, By Country, 2022-2032

Figure 69 : Europe Market Attractiveness by Country, 2022-2032

Figure 70 : Europe Market Value (US$ Bn) Analysis by Product Type, 2017-2032

Figure 71 : Europe Market Volume (‘000 Units) Analysis by Product Type, 2017-2032

Figure 72 : Europe Market Y-o-Y Growth (%) Projections, By Product Type, 2022-2032

Figure 73 : Europe Market Attractiveness by Product Type, 2022-2032

Figure 74 : Europe Market Value (US$ Bn) Analysis by Application, 2017-2032

Figure 75 : Europe Market Volume (‘000 Units) Analysis by Application, 2017-2032

Figure 76 : Europe Market Y-o-Y Growth (%) Projections, By Application, 2022-2032

Figure 77 : Europe Market Attractiveness by Application, 2022-2032

Figure 78 : Europe Market Value (US$ Bn) Analysis by Structure, 2017-2032

Figure 79 : Europe Market Volume (‘000 Units) Analysis by Structure, 2017-2032

Figure 80 : Europe Market Y-o-Y Growth (%) Projections, By Structure, 2022-2032

Figure 81 : Europe Market Attractiveness by Structure, 2022-2032

Figure 82 : Europe Market Value (US$ Bn) Analysis by Sales Channel, 2017-2032

Figure 83 : Europe Market Volume (‘000 Units) Analysis by Sales Channel, 2017-2032

Figure 84 : Europe Market Y-o-Y Growth (%) Projections, By Sales Channel, 2022-2032

Figure 85 : Europe Market Attractiveness by Sales Channel, 2022-2032

Figure 86 : East Asia Market Value (US$ Bn) Analysis by Country, 2017-2032

Figure 87 : East Asia Market Volume (‘000 Units) Analysis by Country, 2017-2032

Figure 88 : East Asia Market Y-o-Y Growth (%) Projections, By Country, 2022-2032

Figure 89 : East Asia Market Attractiveness by Country, 2022-2032

Figure 90 : East Asia Market Value (US$ Bn) Analysis by Product Type, 2017-2032

Figure 91 : East Asia Market Volume (‘000 Units) Analysis by Product Type, 2017-2032

Figure 92 : East Asia Market Y-o-Y Growth (%) Projections, By Product Type, 2022-2032

Figure 93 : East Asia Market Attractiveness by Product Type, 2022-2032

Figure 94 : East Asia Market Value (US$ Bn) Analysis by Application, 2017-2032

Figure 95 : East Asia Market Volume (‘000 Units) Analysis by Application, 2017-2032

Figure 96 : East Asia Market Y-o-Y Growth (%) Projections, By Application, 2022-2032

Figure 97 : East Asia Market Attractiveness by Application, 2022-2032

Figure 98 : East Asia Market Value (US$ Bn) Analysis by Structure, 2017-2032

Figure 99 : East Asia Market Volume (‘000 Units) Analysis by Structure, 2017-2032

Figure 100 : East Asia Market Y-o-Y Growth (%) Projections, By Structure, 2022-2032

Figure 101 : East Asia Market Attractiveness by Structure, 2022-2032

Figure 102 : East Asia Market Value (US$ Bn) Analysis by Sales Channel, 2017-2032

Figure 103 : East Asia Market Volume (‘000 Units) Analysis by Sales Channel, 2017-2032

Figure 104 : East Asia Market Y-o-Y Growth (%) Projections, By Sales Channel, 2022-2032

Figure 105 : East Asia Market Attractiveness by Sales Channel, 2022-2032

Figure 106 : South Asia Market Value (US$ Bn) Analysis by Country, 2017-2032

Figure 107 : South Asia Market Volume (‘000 Units) Analysis by Country, 2017-2032

Figure 108 : South Asia Market Y-o-Y Growth (%) Projections, By Country, 2022-2032

Figure 109 : South Asia Market Attractiveness by Country, 2022-2032

Figure 110 : South Asia Market Value (US$ Bn) Analysis by Product Type, 2017-2032

Figure 111 : South Asia Market Volume (‘000 Units) Analysis by Product Type, 2017-2032

Figure 112 : South Asia Market Y-o-Y Growth (%) Projections, By Product Type, 2022-2032

Figure 113 : South Asia Market Attractiveness by Product Type, 2022-2032

Figure 114 : South Asia Market Value (US$ Bn) Analysis by Application, 2017-2032

Figure 115 : South Asia Market Volume (‘000 Units) Analysis by Application, 2017-2032

Figure 116 : South Asia Market Y-o-Y Growth (%) Projections, By Application, 2022-2032

Figure 117 : South Asia Market Attractiveness by Application, 2022-2032

Figure 118 : South Asia Market Value (US$ Bn) Analysis by Structure, 2017-2032

Figure 119 : South Asia Market Volume (‘000 Units) Analysis by Structure, 2017-2032

Figure 120 : South Asia Market Y-o-Y Growth (%) Projections, By Structure, 2022-2032

Figure 121 : South Asia Market Attractiveness by Structure, 2022-2032

Figure 122 : South Asia Market Value (US$ Bn) Analysis by Sales Channel, 2017-2032

Figure 123 : South Asia Market Volume (‘000 Units) Analysis by Sales Channel, 2017-2032

Figure 124 : South Asia Market Y-o-Y Growth (%) Projections, By Sales Channel, 2022-2032

Figure 125 : South Asia Market Attractiveness by Sales Channel, 2022-2032

Figure 126 : Oceania Market Value (US$ Bn) Analysis by Country, 2017-2032

Figure 127 : Oceania Market Volume (‘000 Units) Analysis by Country, 2017-2032

Figure 128 : Oceania Market Y-o-Y Growth (%) Projections, By Country, 2022-2032

Figure 129 : Oceania Market Attractiveness by Country, 2022-2032

Figure 130 : Oceania Market Value (US$ Bn) Analysis by Product Type, 2017-2032

Figure 131 : Oceania Market Volume (‘000 Units) Analysis by Product Type, 2017-2032

Figure 132 : Oceania Market Y-o-Y Growth (%) Projections, By Product Type, 2022-2032

Figure 133 : Oceania Market Attractiveness by Product Type, 2022-2032

Figure 134 : Oceania Market Value (US$ Bn) Analysis by Application, 2017-2032

Figure 135 : Oceania Market Volume (‘000 Units) Analysis by Application, 2017-2032

Figure 136 : Oceania Market Y-o-Y Growth (%) Projections, By Application, 2022-2032

Figure 137 : Oceania Market Attractiveness by Application, 2022-2032

Figure 138 : Oceania Market Value (US$ Bn) Analysis by Structure, 2017-2032

Figure 139 : Oceania Market Volume (‘000 Units) Analysis by Structure, 2017-2032

Figure 140 : Oceania Market Y-o-Y Growth (%) Projections, By Structure, 2022-2032

Figure 141 : Oceania Market Attractiveness by Structure, 2022-2032

Figure 142 : Oceania Market Value (US$ Bn) Analysis by Sales Channel, 2017-2032

Figure 143 : Oceania Market Volume (‘000 Units) Analysis by Sales Channel, 2017-2032

Figure 144 : Oceania Market Y-o-Y Growth (%) Projections, By Sales Channel, 2022-2032

Figure 145 : Oceania Market Attractiveness by Sales Channel, 2022-2032

Figure 146 : MEA Market Value (US$ Bn) Analysis by Country, 2017-2032

Figure 147 : MEA Market Volume (‘000 Units) Analysis by Country, 2017-2032

Figure 148 : MEA Market Y-o-Y Growth (%) Projections, By Country, 2022-2032

Figure 149 : MEA Market Attractiveness by Country, 2022-2032

Figure 150 : MEA Market Value (US$ Bn) Analysis by Product Type, 2017-2032

Figure 151 : MEA Market Volume (‘000 Units) Analysis by Product Type, 2017-2032

Figure 152 : MEA Market Y-o-Y Growth (%) Projections, By Product Type, 2022-2032

Figure 153 : MEA Market Attractiveness by Product Type, 2022-2032

Figure 154 : MEA Market Value (US$ Bn) Analysis by Application, 2017-2032

Figure 155 : MEA Market Volume (‘000 Units) Analysis by Application, 2017-2032

Figure 156 : MEA Market Y-o-Y Growth (%) Projections, By Application, 2022-2032

Figure 157 : MEA Market Attractiveness by Application, 2022-2032

Figure 158 : MEA Market Value (US$ Bn) Analysis by Structure, 2017-2032

Figure 159 : MEA Market Volume (‘000 Units) Analysis by Structure, 2017-2032

Figure 160 : MEA Market Y-o-Y Growth (%) Projections, By Structure, 2022-2032

Figure 161 : MEA Market Attractiveness by Structure, 2022-2032

Figure 162 : MEA Market Value (US$ Bn) Analysis by Sales Channel, 2017-2032

Figure 163 : MEA Market Volume (‘000 Units) Analysis by Sales Channel, 2017-2032

Figure 164 : MEA Market Y-o-Y Growth (%) Projections, By Sales Channel, 2022-2032

Figure 165 : MEA Market Attractiveness by Sales Channel, 2022-2032

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