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Allied Market Research

Electric Grill Market by Product Type (Electric Smoker and Electric Griddles), Application (Residential and Commercial), and Distribution Channel (Offline Distribution Channel and Online Distribution Channel): Global Opportunity Analysis and Industry Forecast, 2020–2027

A09400
Pages: NA
Jan 2021 | 132 Views
 
Author(s) : NA
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Charts: NA
 

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An electric grill is an electronic device used to grill the food. This device supplies constant heat by using an electric element. As an alternative to outdoor grilling, the electric grill can also be used inside. The high demand for electric grills owes to the increased preferences of consumers to grill meals at home. Along with this, in response to production with smoke, checking temperature, adding charcoal, and manufacturing of smart kitchen appliances, electric grills were developed. The surface and the grill plate on the electric grill is solely heated by using electricity. The use of electricity limits the use of charcoal and gas grills, which makes electric grills the healthiest way to cook outdoors. This is so because the electric grills do not produce carcinogens - a cancer-causing agent, and also they don't use gas fuels that are bad for the environment.

With the growing number of events, like parties, camping, social gatherings, and the consumer preference towards grill food products and barbeque is expected to propel the market growth for the electric grill substantially over the forecast period. 

Market scope and structure analysis:

Report Metric

Details

  Market size available for years

  2020–2027

  Base year considered

  2019

  Forecast period

  2021–2027

  Forecast units

  Value ($US)

  Segments covered

  Product Type, Application, Distribution Channel, and Region

  Regions covered

North America (U.S., Canadaand Mexico), Europe (Germany, UK, France, Italy, Spain and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and the Rest of Asia-Pacific), LAMEA (Middle East, Brazil, and the Rest of LAMEA)

  Companies covered

Weber-Stephen Products LLC, The Middleby Corp., Char-Broil LLC, Taylor Company, Roller Grill International, Zojirushi, The Holland Grill Company Inc., Fire Magic, Dimplex North America Limited, DeLonghiSpA, The Coleman Company Inc., Broilmaster, Midea Group., and RH Peterson Co., and KitchenAid.

 

COVID-19 ScenarioAnalysis:

  • The advent of COVID-19 will strongly impact the global market for electric grills.
  • Corona outbreak has led to the disruption of the supply chain, which has, in turn, hampered the growth and sales of the electric grills and other electronic goods.
  • Other major problems faced by the manufacturers are the limited availability of components, restricted labor supply, and halt on export-import activity, and logistic slowdown.
  • The lockdown has stopped the people from going outside to eat, due to which the demand for electric grills in the commercial application has dropped.
  • However, stay at home orders have propelled consumers to cook at home, thereby increasing the demand for household application of electric grills through the online distribution channel.

Top Impacting Factors:Market Scenario Analysis, Trends, Drivers and Impact Analysis

Unique benefits of electric grills that are unmatched by other cooking grills like their capability to be used indoor, smoke-free grilling, drive the global electric grill market. Other major drivers for the rapid increase in the demand for these grills are changing lifestyle of people, improved standard of living, rising disposable income, inclination towards healthy grilled food, and preference for homemade grilled food.

Based on product type segmentation, electric smokers account for the highest market share, as they are user-friendly and require low maintenance as compared to the charcoal grill segment of the electric grills.

Moreover, influenced by the TV cook programs like BBQ Pitmasters by Grilling with Rich’s and others, the consumers try to experiment in food and cooking, surging the market demand for the electric grills.

Lucrative opportunities in the global electric grill market can be paved by increasing investment in research and development, creating awareness about the product & its benefits, aggressive marketing, and bringing advancements in innovation.

The Global Electric Grills Trends are as follows:

  • The smart cooking grills are witnessing a high demand all around the globe. Bluetooth and Wi-Fi enable electric grills are gaining attraction among potential consumers. For instance, Weber’s line of IGrills is a Bluetooth connected electric grill that enables instant and remote monitoring of grilling activities.
  • Manufacturers are investing in new products with advanced technological features to provide convenience to consumers. For instance, SmartChef App, launched by Char-Broil, in January 2016, maintains cooking time, meat temperature, and chamber temperature.
  • Similarly, in December 2016, TTK Prestige Ltd. launched an electric grill, which comprises temperature control features and non-stick heating plates.
  • Also, manufacturers are developing several products that are capable of performing multi-functions. For instance, Weber-Stephen Products LLC, in March 2018, launched a product named Q1400, which is capable of barbequing, baking, grilling, and roasting.

Key Segments Covered:

Segments

Sub-segments

  Product Type

  • Electric Smoker
  • Electric Griddles

  Application

  • Residential
  • Commercial

  Distribution Channel

  • OfflineDistribution Channel
  • OnlineDistribution Channel

 

Key Benefits of the Report:

  • This study presents the analytical depiction of the global electric grill industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global electric grill market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global electric grill market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed global electric grill market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions Answered in the Electric Grill Market Research Report:

  • What are the leading market players active in the electric grillmarket?
  • What the current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What future projections would help in taking further strategic steps?
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
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  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


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Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
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