Title: Microwave Oven Market Size Share & Forecast
1Presents a Research Report on Microwave Oven
Market
The Microwave Oven Market is Segmented by Product
Type (Grill, Solo, Convection), by Distribution
Channel Type (Multi-brand Stores, Exclusive
Stores, Online, and Others), by Application Type
(Residential, Commercial), and by Region (North
America, Europe, Asia-Pacific, and Rest of the
World) sales_at_stratviewresearch.com
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2Microwave Oven Market Growth and Forecast
Highlights Drivers
- Microwave Oven market is projected to witness
healthy CAGR of 4.9 over the next five years. - The key demand generators of the market are
growing global population coupled with their
rising disposable income, rising standard of
living, and rising demand for frozen and
ready-to-eat food products. - The convection segment is expected to remain
dominant in the market during the forecast
period, owing to its wider usage in commercial
applications, such as restaurants and hotels and
also in residential applications. - The residential segment is likely to remain the
larger application of the market during the
forecast period, propelled by changing lifestyle
of individuals coupled with rising demand for
energy-efficient and compact cooking
applications. - North America is likely to maintain its supremacy
in the market during the forecast period, mainly
driven by high demand for advanced technologies
in the USA and Canada. - Robust supply chain across the region with
presence of a large number of microwave oven
manufacturers, component suppliers as well as
large consumer base are the key growth propellers
of the market. - Asia-Pacific is projected to witness the highest
growth in the market during the forecast period.
Rising population coupled with increasing
standard of living along with increase in
disposable income, and growing awareness among
the individuals is likely to boost the regions
market over the next five years.
3Market Insights
- By Product Type
- The convection segment is expected to remain
dominant in the market during the forecast
period, owing to its wider usage in commercial
applications, such as restaurants and hotels and
also in residential applications. - By Application Type
- Based on the application type, the microwave oven
market is segmented as commercial and
residential. The residential segment is likely to
remain the larger application of the market
during the forecast period, propelled by changing
lifestyle of individuals coupled with rising
demand for energy-efficient and compact cooking
applications. - By Region
- North America is likely to maintain its supremacy
in the market during the forecast period, mainly
driven by high demand for advanced technologies
in the USA and Canada. - Robust supply chain across the region with
presence of a large number of microwave oven
manufacturers, component suppliers as well as
large consumer base are the key growth propellers
of the market.
4Competitive Insights
- Key Companies Analysed
- Illinois Tool Works Inc.
- Sharp Corporation
- Guangdong Galanz Enterprises Co., Ltd.
- Whirlpool Corporation
- Electrolux AB
- LG Electronics Inc.
- Alto-Shaam, Inc.
- Panasonic Corporation
- Samsung Group
- Haier Electronics.
5Research Methodology
Data Analysis (Top Down and Bottom Up Approach)
Data Triangulation (Data Evaluation and Multiple
Data Triangulation)
Final Deliverables (Final Report with All
Findings)
Stratview Research follows a rigorous methodology
with high emphasis on primary research and
multiple ways of data triangulation. We conduct
primary research across the value chain to
provide 360 degree view of the market.
Secondary Research
Stratview Research Internal Knowledgebase
Primary Research
- Annual Reports / Fact Book
- Company Websites
- Magazines / Publications
- Press Releases Journals
- Industry News
- Association Articles
- Government Documents
- Social Media
- Others
- Robust database across value chain
- In-house industry veterans as advisors
- Project based subject matter experts
- Industry Players
- Industry Experts
- Suppliers
- Customers
- Associations
- Government Institutions
- Others
6Report Features
- This report provides market intelligence in the
most comprehensive way. The report structure has
been kept such that it offers maximum business
value. It provides critical insights on the
market dynamics and will enable strategic
decision making for the existing market players
as well as those willing to enter the market. The
following are the key features of the report - Market structure Overview, industry life cycle
analysis, supply chain analysis. - Market environment analysis Growth drivers and
constraints, Porters five forces analysis, SWOT
analysis. - Market trend and forecast analysis.
- Market segment trend and forecast.
- Competitive landscape and dynamics Market share,
product portfolio, product launches, etc. - Attractive market segments and associated growth
opportunities. - Emerging trends.
- Strategic growth opportunities for the existing
and new players. - Key success factors.
7Market Segmentation
- By Product Type
- Grill (Regional Analysis North America, Europe,
Asia-Pacific, and RoW) - Solo (Regional Analysis North America, Europe,
Asia-Pacific, and RoW) - Convection (Regional Analysis North America,
Europe, Asia-Pacific, and RoW) - By Distribution Channel Type
- Multi-brand Stores (Regional Analysis North
America, Europe, Asia-Pacific, and RoW) - Exclusive Stores (Regional Analysis North
America, Europe, Asia-Pacific, and RoW) - Online Stores (Regional Analysis North America,
Europe, Asia-Pacific, and RoW) - Others (Regional Analysis North America, Europe,
Asia-Pacific, and RoW) - By Application Type
- Commercial (Regional Analysis North America,
Europe, Asia-Pacific, and RoW) - Residential (Regional Analysis North America,
Europe, Asia-Pacific, and RoW)
8Market Segmentation
- By Region
- North America (Country Analysis the USA, Canada,
and Mexico) - Europe (Country Analysis Germany, France, the
UK, Russia, and Rest of Europe) - Asia-Pacific (Country Analysis China, Japan,
India, and Rest of Asia-Pacific) - Rest of the World (Sub-Region Analysis Latin
America, the Middle East, and Others)
9About Stratview Research
Stratview Research is a global market
intelligence firm providing high quality
syndicated reports, custom research and
consulting services.
Our Services
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Robust Methodology
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