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Electric hobs Market by Size (2 Burner, 4 Burner, 5 Burner), by Distribution Channel (Supermarket Hypermarket, Specialty Stores, E commerce, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031

A16359
Pages: 200
May 2022 | 264 Views
   
Author(s) : Chetan Pathak, Aniket Kadam , Roshan Deshmukh
Tables: 68
Charts: 46
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COVID-19

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Electric Hobs Market Research, 2031

The global electric hobs market was valued at $665.60 million in 2021, and is projected to reach $1.0 billion by 2031, growing at a CAGR of 4.5% from 2022 to 2031.

COVID-19 has impacted consumer goods industry, As a result of the pandemic crisis, the overall performance of the kitchen appliances industry has dropped. Sales of electric hob declined significantly, owing to the COVID-19 pandemic. One of the major reasons for loss of sales was reduced consumer spending on such kind of appliances during the pandemic, owing to factors such as employment uncertainty and reduced spending power. Furthermore, big companies in the kitchen equipment industry were also limiting their production capacities or were stopping them completely, along with their retail stores.

Electric hobs Market, Electric hobs Industry, Electric hobs Market Size, Electric hobs Market share, Electric hobs Market Trends

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The electric hobs market is segmented into Size and Distribution Channel.

Cooking is a decade long activity, which one performs out of necessity or has a personal interest, or rather takes it up as a profession, as food is the basic necessity for human survival. Traditionally, wood energy or gas cooktops were used to cook food. However, evolution of human beings and development of economies & technology has led to rise in production of modern hobs, products, and techniques.

Electric is one of the classic forms of hob cooking styles. Electric hobs take a minute or two to warm up. Cooking elements on electric hobs are known as cooking rings or zones, which can be between two, four, and six. Electric hobs are favored by many consumers, owing to their cost-effectiveness as they are cheapest of all options. It is run by electricity and its sales may witness decrease as hobs do not omit heat instantly. However, apart from cooking time, it has no effect on quality of meals so many consumers opting for electric hobs choose to save money. Key reasons for growth electric hobs market opportunity include high internet penetration across the globe and increase in number of food shows and food blogging. This, in turn, increases usage of electric hobs. Furthermore, the number of households across the world is constantly increasing. Moreover, increase in health consciousness, along with change in consumer lifestyle; rise in awareness toward health; and rise in trend of cooking food at homes are expected to fuel the electric hobs market growth in the future. In addition, adoption of cloud kitchen in the food service industry is anticipated to create lucrative opportunities for electric hobs industry expansion during the forecast period.

The electric hobs market size is segmented on the basis of size, distribution channel, and region. By size, it is segmented into 2-burners, 4-burners, and 5-burners. By distribution channel, it is categorized into hypermarkets/supermarkets, specialty stores, e-commerce, and others. By region, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Spain, Germany, Italy, France, and rest of Europe), Asia-Pacific (China, South Korea, Australia, Japan, India, and rest of Asia-Pacific), and LAMEA (the UAE, South, Africa, Brazil, and rest of LAMEA).

Electric hobs Market
By Size

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The 2 Burner segment occupied the largest market share.

In 2021, the 2 burner segment accounted for the highest electric hobs market share, garnering 39% share, owing to the fact that 2 burner hobs are highly suitable for compact kitchens. In addition, increase in number of nuclear families is also one of the major growth factors for rise in two burner electric hobs. In addition, this does not need modern or big kitchen countertops to place or use as it is compact in size. Hence, propels the market growth

Electric hobs Market
By Distribution Channel

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The Specialty Stores segment occupied the largest market share.

By distribution channel, the specialty stores segment acquired maximum market share of around 35% in 2021, owing to fact that specialty store business operators maintain considerable depth in the type of product that they specialize in selling, usually at premium prices, in addition to providing higher service quality and expert guidance to shoppers.

Electric hobs Market
By Region

2031
Europe 
North America
Asia-pacific
Lamea

The Europe region occupied the largest market share.

In 2021, Europe dominated the global electric hobs market. However, Asia-Pacific is expected to grow at the significant CAGR of 6.5% throughout the forecast period, owing to Go Electric’ campaign launched by the Bureau of Energy Efficiency (BEE) in February 2021, which is anticipated spread awareness regarding benefits of electric cooking in major developing countries such as India and 100% electrification to rural areas of India is expected to drive the electric hobs market demand in this region. Asia-Pacific along with North America contributed for almost 53.2% in the market share. The market in North America is primarily driven by high adoption of advanced products such as smart oven and smart deep fryers and increase in demand for fast food in the region.

Key players operating in the electric hobs market focus on expansion as the prominent strategy to overcome competition and to maintain as well as improve their market share in the global market. Key players profiled in the report include AB Electrolux, Beko plc, BSH Home Appliances, Cusimax, Fisher & Paykel, Haier Inc., LG Electronics Inc., Siemens AG, Smeg SpA, and Whirlpool Corporation.

The report includes the electric hobs market analysis at regional as well as the global level, key players, electric hobs market application areas, market size, and electric hobs market growth.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the electric hobs market analysis from 2021 to 2031 to identify the prevailing electric hobs market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the electric hobs market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global electric hobs market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

  • By Size
    • 2 Burner
    • 4 Burner
    • 5 Burner
  • By Distribution Channel
    • Supermarket Hypermarket
    • Specialty Stores
    • E commerce
    • Others
  • By Region
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • U.K.
      • Spain
      • Germany
      • Italy
      • France
      • Rest of Europe
    • Asia-Pacific
      • China
      • South Korea
      • Australia
      • Japan
      • India
      • Rest of Asia-Pacific
    • LAMEA
      • UAE
      • South Africa
      • Brazil
      • Rest of LAMEA


Key Market Players

  • Whirlpool Corporation
  • AB Electrolux
  • Beko plc
  • Cusimax
  • BSH Home Appliances
  • Fisher and Paykel
  • Siemens AG
  • LG Electronics Inc.
  • Haier Inc.
  • Smeg SpA
 
  • CHAPTER 1:INTRODUCTION

    • 1.1.Report description

    • 1.2.Key market segments

    • 1.3.Key benefits to the stakeholders

    • 1.4.Research Methodology

      • 1.4.1.Secondary research

      • 1.4.2.Primary research

      • 1.4.3.Analyst tools and models

  • CHAPTER 2:EXECUTIVE SUMMARY

    • 2.1.Key findings of the study

    • 2.2.CXO Perspective

  • CHAPTER 3:MARKET OVERVIEW

    • 3.1.Market definition and scope

    • 3.2.Key findings

      • 3.2.1.Top investment pockets

    • 3.3.Porter’s five forces analysis

    • 3.4.Top player positioning

    • 3.5.Market dynamics

      • 3.5.1.Drivers

      • 3.5.2.Restraints

      • 3.5.3.Opportunities

    • 3.6.COVID-19 Impact Analysis on the market

  • CHAPTER 4: ELECTRIC HOBS MARKET, BY SIZE

    • 4.1 Overview

      • 4.1.1 Market size and forecast

    • 4.2 2 Burner

      • 4.2.1 Key market trends, growth factors and opportunities

      • 4.2.2 Market size and forecast, by region

      • 4.2.3 Market analysis by country

    • 4.3 4 Burner

      • 4.3.1 Key market trends, growth factors and opportunities

      • 4.3.2 Market size and forecast, by region

      • 4.3.3 Market analysis by country

    • 4.4 5 Burner

      • 4.4.1 Key market trends, growth factors and opportunities

      • 4.4.2 Market size and forecast, by region

      • 4.4.3 Market analysis by country

  • CHAPTER 5: ELECTRIC HOBS MARKET, BY DISTRIBUTION CHANNEL

    • 5.1 Overview

      • 5.1.1 Market size and forecast

    • 5.2 Supermarket Hypermarket

      • 5.2.1 Key market trends, growth factors and opportunities

      • 5.2.2 Market size and forecast, by region

      • 5.2.3 Market analysis by country

    • 5.3 Specialty Stores

      • 5.3.1 Key market trends, growth factors and opportunities

      • 5.3.2 Market size and forecast, by region

      • 5.3.3 Market analysis by country

    • 5.4 E commerce

      • 5.4.1 Key market trends, growth factors and opportunities

      • 5.4.2 Market size and forecast, by region

      • 5.4.3 Market analysis by country

    • 5.5 Others

      • 5.5.1 Key market trends, growth factors and opportunities

      • 5.5.2 Market size and forecast, by region

      • 5.5.3 Market analysis by country

  • CHAPTER 6: ELECTRIC HOBS MARKET, BY REGION

    • 6.1 Overview

      • 6.1.1 Market size and forecast

    • 6.2 North America

      • 6.2.1 Key trends and opportunities

      • 6.2.2 North America Market size and forecast, by Size

      • 6.2.3 North America Market size and forecast, by Distribution Channel

      • 6.2.4 North America Market size and forecast, by country

        • 6.2.4.1 U.S.
          • 6.2.4.1.1 Market size and forecast, by Size
          • 6.2.4.1.2 Market size and forecast, by Distribution Channel
        • 6.2.4.2 Canada
          • 6.2.4.2.1 Market size and forecast, by Size
          • 6.2.4.2.2 Market size and forecast, by Distribution Channel
        • 6.2.4.3 Mexico
          • 6.2.4.3.1 Market size and forecast, by Size
          • 6.2.4.3.2 Market size and forecast, by Distribution Channel
    • 6.3 Europe

      • 6.3.1 Key trends and opportunities

      • 6.3.2 Europe Market size and forecast, by Size

      • 6.3.3 Europe Market size and forecast, by Distribution Channel

      • 6.3.4 Europe Market size and forecast, by country

        • 6.3.4.1 U.K.
          • 6.3.4.1.1 Market size and forecast, by Size
          • 6.3.4.1.2 Market size and forecast, by Distribution Channel
        • 6.3.4.2 Spain
          • 6.3.4.2.1 Market size and forecast, by Size
          • 6.3.4.2.2 Market size and forecast, by Distribution Channel
        • 6.3.4.3 Germany
          • 6.3.4.3.1 Market size and forecast, by Size
          • 6.3.4.3.2 Market size and forecast, by Distribution Channel
        • 6.3.4.4 Italy
          • 6.3.4.4.1 Market size and forecast, by Size
          • 6.3.4.4.2 Market size and forecast, by Distribution Channel
        • 6.3.4.5 France
          • 6.3.4.5.1 Market size and forecast, by Size
          • 6.3.4.5.2 Market size and forecast, by Distribution Channel
        • 6.3.4.6 Rest of Europe
          • 6.3.4.6.1 Market size and forecast, by Size
          • 6.3.4.6.2 Market size and forecast, by Distribution Channel
    • 6.4 Asia-Pacific

      • 6.4.1 Key trends and opportunities

      • 6.4.2 Asia-Pacific Market size and forecast, by Size

      • 6.4.3 Asia-Pacific Market size and forecast, by Distribution Channel

      • 6.4.4 Asia-Pacific Market size and forecast, by country

        • 6.4.4.1 China
          • 6.4.4.1.1 Market size and forecast, by Size
          • 6.4.4.1.2 Market size and forecast, by Distribution Channel
        • 6.4.4.2 South Korea
          • 6.4.4.2.1 Market size and forecast, by Size
          • 6.4.4.2.2 Market size and forecast, by Distribution Channel
        • 6.4.4.3 Australia
          • 6.4.4.3.1 Market size and forecast, by Size
          • 6.4.4.3.2 Market size and forecast, by Distribution Channel
        • 6.4.4.4 Japan
          • 6.4.4.4.1 Market size and forecast, by Size
          • 6.4.4.4.2 Market size and forecast, by Distribution Channel
        • 6.4.4.5 India
          • 6.4.4.5.1 Market size and forecast, by Size
          • 6.4.4.5.2 Market size and forecast, by Distribution Channel
        • 6.4.4.6 Rest of Asia-Pacific
          • 6.4.4.6.1 Market size and forecast, by Size
          • 6.4.4.6.2 Market size and forecast, by Distribution Channel
    • 6.5 LAMEA

      • 6.5.1 Key trends and opportunities

      • 6.5.2 LAMEA Market size and forecast, by Size

      • 6.5.3 LAMEA Market size and forecast, by Distribution Channel

      • 6.5.4 LAMEA Market size and forecast, by country

        • 6.5.4.1 UAE
          • 6.5.4.1.1 Market size and forecast, by Size
          • 6.5.4.1.2 Market size and forecast, by Distribution Channel
        • 6.5.4.2 South Africa
          • 6.5.4.2.1 Market size and forecast, by Size
          • 6.5.4.2.2 Market size and forecast, by Distribution Channel
        • 6.5.4.3 Brazil
          • 6.5.4.3.1 Market size and forecast, by Size
          • 6.5.4.3.2 Market size and forecast, by Distribution Channel
        • 6.5.4.4 Rest of LAMEA
          • 6.5.4.4.1 Market size and forecast, by Size
          • 6.5.4.4.2 Market size and forecast, by Distribution Channel
  • CHAPTER 7: COMPANY LANDSCAPE

    • 7.1. Introduction

    • 7.2. Top winning strategies

    • 7.3. Product Mapping of Top 10 Player

    • 7.4. Competitive Dashboard

    • 7.5. Competitive Heatmap

    • 7.6. Key developments

  • CHAPTER 8: COMPANY PROFILES

    Note: Details on financial performance and strategic moves and developments may not be captured for unlisted companies.

  • LIST OF TABLES

  • TABLE 1. GLOBAL ELECTRIC HOBS MARKET, BY SIZE, 2021-2031,($MILLION)
    TABLE 8. GLOBAL ELECTRIC HOBS MARKET, BY DISTRIBUTION CHANNEL, 2021-2031,($MILLION)
    TABLE 12. ELECTRIC HOBS MARKET SPECIALTY STORES BY COUNTRY, 2021-2031,($MILLION)
    TABLE 17. ELECTRIC HOBS MARKET, BY REGION, 2021-2031,($MILLION)
    TABLE 29. EUROPE ELECTRIC HOBS MARKET, BY COUNTRY, 2021-2031,($MILLION)
    TABLE 30. U.K. ELECTRIC HOBS MARKET BY SIZE 2021-2031,($MILLION)
    TABLE 31. U.K. ELECTRIC HOBS MARKET BY DISTRIBUTION CHANNEL 2021-2031,($MILLION)
    TABLE 34. GERMANY ELECTRIC HOBS MARKET BY SIZE 2021-2031,($MILLION)
    TABLE 35. GERMANY ELECTRIC HOBS MARKET BY DISTRIBUTION CHANNEL 2021-2031,($MILLION)
    TABLE 36. ITALY ELECTRIC HOBS MARKET BY SIZE 2021-2031,($MILLION)
    TABLE 40. REST OF EUROPE ELECTRIC HOBS MARKET BY SIZE 2021-2031,($MILLION)
    TABLE 44. ASIA-PACIFIC ELECTRIC HOBS MARKET, BY COUNTRY, 2021-2031,($MILLION)
    TABLE 45. CHINA ELECTRIC HOBS MARKET BY SIZE 2021-2031,($MILLION)
    TABLE 47. SOUTH KOREA ELECTRIC HOBS MARKET BY SIZE 2021-2031,($MILLION)
    TABLE 55. REST OF ASIA-PACIFIC ELECTRIC HOBS MARKET BY SIZE 2021-2031,($MILLION)
    TABLE 56. REST OF ASIA-PACIFIC ELECTRIC HOBS MARKET BY DISTRIBUTION CHANNEL 2021-2031,($MILLION)
    TABLE 57. LAMEA ELECTRIC HOBS MARKET, BY SIZE, 2021-2031,($MILLION)
    TABLE 59. LAMEA ELECTRIC HOBS MARKET, BY COUNTRY, 2021-2031,($MILLION)
    TABLE 61. UAE ELECTRIC HOBS MARKET BY DISTRIBUTION CHANNEL 2021-2031,($MILLION)
    TABLE 62. SOUTH AFRICA ELECTRIC HOBS MARKET BY SIZE 2021-2031,($MILLION)
    TABLE 63. SOUTH AFRICA ELECTRIC HOBS MARKET BY DISTRIBUTION CHANNEL 2021-2031,($MILLION)
    TABLE 64. BRAZIL ELECTRIC HOBS MARKET BY SIZE 2021-2031,($MILLION)
    TABLE 65. BRAZIL ELECTRIC HOBS MARKET BY DISTRIBUTION CHANNEL 2021-2031,($MILLION)
    TABLE 66. REST OF LAMEA ELECTRIC HOBS MARKET BY SIZE 2021-2031,($MILLION)
    TABLE 2. ELECTRIC HOBS MARKET REVENUE, FOR 2 BURNER, BY REGION , 2021-2031,($MILLION)
    TABLE 3. ELECTRIC HOBS MARKET 2 BURNER BY COUNTRY, 2021-2031,($MILLION)
    TABLE 4. ELECTRIC HOBS MARKET REVENUE, FOR 4 BURNER, BY REGION , 2021-2031,($MILLION)
    TABLE 5. ELECTRIC HOBS MARKET 4 BURNER BY COUNTRY, 2021-2031,($MILLION)
    TABLE 6. ELECTRIC HOBS MARKET REVENUE, FOR 5 BURNER, BY REGION , 2021-2031,($MILLION)
    TABLE 7. ELECTRIC HOBS MARKET 5 BURNER BY COUNTRY, 2021-2031,($MILLION)
    TABLE 18. NORTH AMERICA ELECTRIC HOBS MARKET, BY SIZE, 2021-2031,($MILLION)
    TABLE 21. U.S. ELECTRIC HOBS MARKET BY SIZE 2021-2031,($MILLION)
    TABLE 23. CANADA ELECTRIC HOBS MARKET BY SIZE 2021-2031,($MILLION)
    TABLE 25. MEXICO ELECTRIC HOBS MARKET BY SIZE 2021-2031,($MILLION)
    TABLE 27. EUROPE ELECTRIC HOBS MARKET, BY SIZE, 2021-2031,($MILLION)
    TABLE 32. SPAIN ELECTRIC HOBS MARKET BY SIZE 2021-2031,($MILLION)
    TABLE 38. FRANCE ELECTRIC HOBS MARKET BY SIZE 2021-2031,($MILLION)
    TABLE 42. ASIA-PACIFIC ELECTRIC HOBS MARKET, BY SIZE, 2021-2031,($MILLION)
    TABLE 49. AUSTRALIA ELECTRIC HOBS MARKET BY SIZE 2021-2031,($MILLION)
    TABLE 51. JAPAN ELECTRIC HOBS MARKET BY SIZE 2021-2031,($MILLION)
    TABLE 53. INDIA ELECTRIC HOBS MARKET BY SIZE 2021-2031,($MILLION)
    TABLE 60. UAE ELECTRIC HOBS MARKET BY SIZE 2021-2031,($MILLION)
    TABLE 9. ELECTRIC HOBS MARKET REVENUE, FOR SUPERMARKET HYPERMARKET, BY REGION , 2021-2031,($MILLION)
    TABLE 10. ELECTRIC HOBS MARKET SUPERMARKET HYPERMARKET BY COUNTRY, 2021-2031,($MILLION)
    TABLE 11. ELECTRIC HOBS MARKET REVENUE, FOR SPECIALTY STORES, BY REGION , 2021-2031,($MILLION)
    TABLE 13. ELECTRIC HOBS MARKET REVENUE, FOR E COMMERCE, BY REGION , 2021-2031,($MILLION)
    TABLE 14. ELECTRIC HOBS MARKET E COMMERCE BY COUNTRY, 2021-2031,($MILLION)
    TABLE 15. ELECTRIC HOBS MARKET REVENUE, FOR OTHERS, BY REGION , 2021-2031,($MILLION)
    TABLE 16. ELECTRIC HOBS MARKET OTHERS BY COUNTRY, 2021-2031,($MILLION)
    TABLE 19. NORTH AMERICA ELECTRIC HOBS MARKET, BY DISTRIBUTION CHANNEL, 2021-2031,($MILLION)
    TABLE 22. U.S. ELECTRIC HOBS MARKET BY DISTRIBUTION CHANNEL 2021-2031,($MILLION)
    TABLE 24. CANADA ELECTRIC HOBS MARKET BY DISTRIBUTION CHANNEL 2021-2031,($MILLION)
    TABLE 26. MEXICO ELECTRIC HOBS MARKET BY DISTRIBUTION CHANNEL 2021-2031,($MILLION)
    TABLE 28. EUROPE ELECTRIC HOBS MARKET, BY DISTRIBUTION CHANNEL, 2021-2031,($MILLION)
    TABLE 33. SPAIN ELECTRIC HOBS MARKET BY DISTRIBUTION CHANNEL 2021-2031,($MILLION)
    TABLE 37. ITALY ELECTRIC HOBS MARKET BY DISTRIBUTION CHANNEL 2021-2031,($MILLION)
    TABLE 39. FRANCE ELECTRIC HOBS MARKET BY DISTRIBUTION CHANNEL 2021-2031,($MILLION)
    TABLE 41. REST OF EUROPE ELECTRIC HOBS MARKET BY DISTRIBUTION CHANNEL 2021-2031,($MILLION)
    TABLE 43. ASIA-PACIFIC ELECTRIC HOBS MARKET, BY DISTRIBUTION CHANNEL, 2021-2031,($MILLION)
    TABLE 48. SOUTH KOREA ELECTRIC HOBS MARKET BY DISTRIBUTION CHANNEL 2021-2031,($MILLION)
    TABLE 50. AUSTRALIA ELECTRIC HOBS MARKET BY DISTRIBUTION CHANNEL 2021-2031,($MILLION)
    TABLE 52. JAPAN ELECTRIC HOBS MARKET BY DISTRIBUTION CHANNEL 2021-2031,($MILLION)
    TABLE 54. INDIA ELECTRIC HOBS MARKET BY DISTRIBUTION CHANNEL 2021-2031,($MILLION)
    TABLE 58. LAMEA ELECTRIC HOBS MARKET, BY DISTRIBUTION CHANNEL, 2021-2031,($MILLION)
    TABLE 67. REST OF LAMEA ELECTRIC HOBS MARKET BY DISTRIBUTION CHANNEL 2021-2031,($MILLION)
    TABLE 20. NORTH AMERICA ELECTRIC HOBS MARKET, BY COUNTRY, 2021-2031,($MILLION)
    TABLE 46. CHINA ELECTRIC HOBS MARKET BY DISTRIBUTION CHANNEL 2021-2031,($MILLION)
  • LIST OF FIGURES

  • FIGURE 1.ELECTRIC HOBS MARKET SEGMENTATION
    FIGURE 2.ELECTRIC HOBS MARKET,2021-2031
    FIGURE 3.ELECTRIC HOBS MARKET,2021-2031
    FIGURE 4. TOP INVESTMENT POCKETS, BY REGION
    FIGURE 5.PORTER FIVE-1
    FIGURE 6.PORTER FIVE-2
    FIGURE 7.PORTER FIVE-3
    FIGURE 8.PORTER FIVE-4
    FIGURE 9.PORTER FIVE-5
    FIGURE 10.TOP PLAYER POSITIONING
    FIGURE 11.ELECTRIC HOBS MARKET:DRIVERS, RESTRAINTS AND OPPORTUNITIES
    FIGURE 12.ELECTRIC HOBS MARKET,BY SIZE,2021(%)
    FIGURE 13.COMPARATIVE SHARE ANALYSIS OF 2 BURNER ELECTRIC HOBS MARKET,2021-2031(%)
    FIGURE 14.COMPARATIVE SHARE ANALYSIS OF 4 BURNER ELECTRIC HOBS MARKET,2021-2031(%)
    FIGURE 15.COMPARATIVE SHARE ANALYSIS OF 5 BURNER ELECTRIC HOBS MARKET,2021-2031(%)
    FIGURE 16.ELECTRIC HOBS MARKET,BY DISTRIBUTION CHANNEL,2021(%)
    FIGURE 17.COMPARATIVE SHARE ANALYSIS OF SUPERMARKET HYPERMARKET ELECTRIC HOBS MARKET,2021-2031(%)
    FIGURE 18.COMPARATIVE SHARE ANALYSIS OF SPECIALTY STORES ELECTRIC HOBS MARKET,2021-2031(%)
    FIGURE 19.COMPARATIVE SHARE ANALYSIS OF E COMMERCE ELECTRIC HOBS MARKET,2021-2031(%)
    FIGURE 20.COMPARATIVE SHARE ANALYSIS OF OTHERS ELECTRIC HOBS MARKET,2021-2031(%)
    FIGURE 21.ELECTRIC HOBS MARKET BY REGION,2021
    FIGURE 22.U.S. ELECTRIC HOBS MARKET,2021-2031($MILLION)
    FIGURE 23.CANADA ELECTRIC HOBS MARKET,2021-2031($MILLION)
    FIGURE 24.MEXICO ELECTRIC HOBS MARKET,2021-2031($MILLION)
    FIGURE 25.U.K. ELECTRIC HOBS MARKET,2021-2031($MILLION)
    FIGURE 26.SPAIN ELECTRIC HOBS MARKET,2021-2031($MILLION)
    FIGURE 27.GERMANY ELECTRIC HOBS MARKET,2021-2031($MILLION)
    FIGURE 28.ITALY ELECTRIC HOBS MARKET,2021-2031($MILLION)
    FIGURE 29.FRANCE ELECTRIC HOBS MARKET,2021-2031($MILLION)
    FIGURE 30.REST OF EUROPE ELECTRIC HOBS MARKET,2021-2031($MILLION)
    FIGURE 31.CHINA ELECTRIC HOBS MARKET,2021-2031($MILLION)
    FIGURE 32.SOUTH KOREA ELECTRIC HOBS MARKET,2021-2031($MILLION)
    FIGURE 33.AUSTRALIA ELECTRIC HOBS MARKET,2021-2031($MILLION)
    FIGURE 34.JAPAN ELECTRIC HOBS MARKET,2021-2031($MILLION)
    FIGURE 35.INDIA ELECTRIC HOBS MARKET,2021-2031($MILLION)
    FIGURE 36.REST OF ASIA-PACIFIC ELECTRIC HOBS MARKET,2021-2031($MILLION)
    FIGURE 37.UAE ELECTRIC HOBS MARKET,2021-2031($MILLION)
    FIGURE 38.SOUTH AFRICA ELECTRIC HOBS MARKET,2021-2031($MILLION)
    FIGURE 39.BRAZIL ELECTRIC HOBS MARKET,2021-2031($MILLION)
    FIGURE 40.REST OF LAMEA ELECTRIC HOBS MARKET,2021-2031($MILLION)
    FIGURE 41. TOP WINNING STRATEGIES, BY YEAR
    FIGURE 42. TOP WINNING STRATEGIES, BY DEVELOPMENT
    FIGURE 43. TOP WINNING STRATEGIES, BY COMPANY
    FIGURE 44.PRODUCT MAPPING OF TOP 10 PLAYERS
    FIGURE 45.COMPETITIVE DASHBOARD
    FIGURE 46.COMPETITIVE HEATMAP OF TOP 10 KEY PLAYERS

 
 

According to CXOs of leading companies, the global electric hobs market is emerging at a considerable pace, owing to several factors such as increase in compatibility of appliances, enhanced internet penetration, changes in lifestyle patterns, and growth in concerns about energy prices propel growth of the market. Over the years, there has been an increase in women workforce; therefore, families rely on different appliances for comfort. These appliances also help ease chores and save time. Moreover, Asia-Pacific and LAMEA are projected to register a significant growth as compared to saturated markets of Europe and North America, owing to rapid urbanization, increase in penetration of technology even in small cities, growth in disposable income, and improvement in standard of living. In line with increase in environmental concerns, consumers prefer to buy appliances that are eco-friendly and energy efficient. Therefore, manufacturers take steps to improve product efficiency and reduce e-waste.

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FREQUENTLY ASKED QUESTIONS?
 

A. The global electric hobs market size was valued at $665.60 million in 2021, and is expected to grow at a CAGR of 4.5% to reach $1,033.00 million by 2031.

A. Electric hobs market is expected to grow at CAGR of 4.5% during forecast period.

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A. The electric hobs market forecasted during 2022-2031.

A. AB Electrolux, Beko plc, BSH Home Appliances, Cusimax, Fisher & Paykel, Haier Inc., LG Electronics Inc., Siemens AG, Smeg SpA, and Whirlpool Corporation.

A. The electric hobs market is segmented on the basis of size and distribution channel.

A. The electric hobs market is calculated on base year 2021.

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