Global Electrical Cooktops Market Growth 2019-2024

Electrical Cooktops is a flat piece of equipment for cooking that is built into a kitchen countertop and that usually has four devices (called burners) that become hot when turned on.
In the last several years, the development of global electrical cooktops is relative stable with average growth rate of 2.68%. In 2016, the global production of electrical cooktops is nearly 2012.3 K units.
China is the largest production market of electrical cooktops with market share more than 28%. Europe is the largest consumer of electrical cooktops with market share about29.59% in 2016..in general; china is the most important player in the global market of electrical cooktops.
Every year, there is millions of electrical cooktops exported to India, Taiwan, USA and Europe from china. Giant manufacturers like Midea and Haier not only dominated the local market, but also occupied large market share in other regions.

According to this study, over the next five years the Electrical Cooktops market will register a 1.6% CAGR in terms of revenue, the global market size will reach US$ 1920 million by 2024, from US$ 1770 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Electrical Cooktops business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Electrical Cooktops market by product type, application, key manufacturers and key regions and countries.

This study considers the Electrical Cooktops value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Glass Ceramic Cooktop
Electric Coil Cooktop
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Home
Commercial

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Electrolux
Bosch Home Appliances
Midea
Whirlpool
GE Appliance
Kenmore
Smeg
Fisher & Paykel
Thermador
Baumatic
Haier Group
LG
Asko
Subzero Wolf
Summit Appliance

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Electrical Cooktops consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Electrical Cooktops market by identifying its various subsegments.
Focuses on the key global Electrical Cooktops manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Electrical Cooktops with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Electrical Cooktops submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.