Global Induction Cooktop Market Research Report | Latest Trends, Raising Growth & Forecast 2018-2024

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Global Induction Cooktop Market Report 2017 -
2024
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Global Induction Cooktop Market
According to the global Induction Cooktop market
report published by Value Market Research, the
market is expected to touch USD 15,030 Million by
2024, with a CAGR of 6.0 growing from USD
10,183.4 Million in 2017. This is a tailored made
research service providing informative data and
various critical aspects of the market such as
market outlook, market share, growth, and trends.
Further, the report also offers evidence-based
information that helps to transform clients
business and achieve their business goals.
Moreover, the report also highlights the key
strategy of top players. Additionally, this
report covers a wide spectrum of services such as
the latest technology trend, market opportunity
analysis, and competitive landscape.
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Global Induction Cooktop Market Dynamics
Growing acceptance of energy efficient kitchen
appliances especially in the developing nations
is a major factor driving the market growth for
induction cooktops. The prominence of flame-less
and temperature controlled cooking has increased
in commercial kitchen facilities such as hotels,
restaurants, and others are also boosting the
market growth. Emerging technologies, the rise in
disposable income, rising fuel cost for
conventional cooktops is expected to further
drive the market demand. However, the high
initial cost is expected to be one of the most
important factors limiting the growth of
induction cooktop. Moreover, lack of awareness
and low penetration of electricity in emerging
and underdeveloped economies is hampering the
growth of induction cooktops. This detailed
market study is centered on the data obtained
from multiple sources and is analyzed using
numerous tools including porters five forces
analysis, market attractiveness analysis and
value chain analysis. These tools are employed to
gain insights of the potential value of the
market facilitating the business strategists with
the latest growth opportunities. Additionally,
these tools also provide a detailed analysis of
each application/product segment in the global
market of induction cooktop.
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Global Induction Cooktop Market Segmentation

• By Product
• Built-in (Integrated)
• Countertop
• By Application
• Direct Sales
• Distribution

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Global Induction Cooktop Market Key Players

• Midea
• Philips
• Panasonic
• Haier Group
• AB Electrolux
• Whirlpool
• Supor
• LG Electronics
• Bosch
• Semikron
• Fisher Paykel
• GE
• Qinxin
• Others.

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Global Induction Cooktop Market Regional Analysis
The report comprises of the geographical
segmentation which mainly focuses on current and
forecast demand for induction cooktop in North
America, Europe, Asia Pacific, Latin America, and
Middle East Africa. The report further focuses
on demand for individual application segments in
all the regions.
METHODOLOGY A combination of primary and
secondary research has been used to determine the
market estimates and forecasts. Sources used for
secondary research include (but not limited to)
Paid Data Sources, Company Websites, Technical
Journals, Annual Reports, SEC Filings and various
other industry publications. Specific details on
methodology used for this report can be provided
on demand. 
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