Global Induction Cooktop Market Insights, Research, Forecast to 2025

Published On: Jul 2019

Format: PDF

Publisher: QY Research

Pages: 144

Report ID: 9057

Induction Cooktop is a kind cooking equipment using electromagnetism to turn cooking pans into cookers (creating heat energy inside the pan itself, instead of firing it in from outside). Induction cooktop cooks food more quickly and safely with less energy, compared with the traditional gas stove.
Simply, an induction cooktop is an electromagnet. Inside the glass cooktop, there's an electronically controlled coil of metal. When turn on the power, there will be an alternating current flow through the coil and it produces a fluctuating magnetic field all around it and directly above it, this will produce heat indirectly.
Induction cooktop is a cooking equipment using electromagnetism to turn cooking pans into cookers (creating heat energy inside the pan itself, instead of firing it in from outside). The types of induction cooktop mainly include touch screen and touchtone type.
China is the largest production market of induction cooktop with market share more than 70%. In addition, China is also the largest consumer of induction cooktop with market share about 59% in 2015.In general; China is the most important player in the global market of induction cooktop.
Every year, there is millions of induction cooktops exported to India, Taiwan, USA and Europe from China. Giant manufacturers like Midea, SUPOR and Joyoung not only dominated the local market, but also occupied large market share in other regions.
The global Induction Cooktop market is valued at 5450 million US$ in 2018 and will reach 5600 million US$ by the end of 2025, growing at a CAGR of 0.3% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Induction Cooktop market based on company, product type, end user and key regions.

This report studies the global market size of Induction Cooktop in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Induction Cooktop in these regions.
This research report categorizes the global Induction Cooktop market by top players/brands, region, type and end user. This report also studies the global Induction Cooktop market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.

The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Midea
SUPOR
Joyoung
Philips
POVOS
Galanz
Fusibo
Sunpentown
Panasonic
Haier Group
AB Electrolux
Bosch
Whirlpool
Semikron
Waring
Fisher & Paykel
Smeg
True Induction
Miele
LG Electronics
MENU SYSTEM
Chinducs
Vollrath
UEMW
GE
Qinxin
Summit Appliance
Oude
Sub-Zero Wolf
Jinbaite
Elecpro
Garland
EMI

Market size by Product
Touch Screen Type
Touchtone Type
Market size by End User
Home Use
Commercial Use

Market size by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Spain
Russia
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa

The study objectives of this report are:
To study and analyze the global Induction Cooktop market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Induction Cooktop market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Induction Cooktop companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Induction Cooktop submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Induction Cooktop are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025

This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Induction Cooktop market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Table of Contents

1 Study Coverage
1.1 Induction Cooktop Product
1.2 Market Segments
1.3 Key Manufacturers Covered
1.4 Market by Type
1.4.1 Global Induction Cooktop Market Size Growth Rate by Product
1.4.2 Touch Screen Type
1.4.3 Touchtone Type
1.5 Market by End User
1.5.1 Global Induction Cooktop Market Size Growth Rate by End User
1.5.2 Home Use
1.5.3 Commercial Use
1.6 Study Objectives
1.7 Years Considered

2 Executive Summary
2.1 Global Induction Cooktop Market Size
2.1.1 Global Induction Cooktop Revenue 2014-2025
2.1.2 Global Induction Cooktop Sales 2014-2025
2.2 Induction Cooktop Growth Rate by Regions
2.2.1 Global Induction Cooktop Sales by Regions
2.2.2 Global Induction Cooktop Revenue by Regions

3 Breakdown Data by Manufacturers
3.1 Induction Cooktop Sales by Manufacturers
3.1.1 Induction Cooktop Sales by Manufacturers
3.1.2 Induction Cooktop Sales Market Share by Manufacturers
3.1.3 Global Induction Cooktop Market Concentration Ratio (CR5 and HHI)
3.2 Induction Cooktop Revenue by Manufacturers
3.2.1 Induction Cooktop Revenue by Manufacturers (2014-2019)
3.2.2 Induction Cooktop Revenue Share by Manufacturers (2014-2019)
3.3 Induction Cooktop Price by Manufacturers
3.4 Induction Cooktop Manufacturing Base Distribution, Product Types
3.4.1 Induction Cooktop Manufacturers Manufacturing Base Distribution, Headquarters
3.4.2 Manufacturers Induction Cooktop Product Type
3.4.3 Date of International Manufacturers Enter into Induction Cooktop Market
3.5 Manufacturers Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Induction Cooktop Sales by Product
4.2 Global Induction Cooktop Revenue by Product
4.3 Induction Cooktop Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Induction Cooktop Breakdown Data by End User

6 North America
6.1 North America Induction Cooktop by Countries
6.1.1 North America Induction Cooktop Sales by Countries
6.1.2 North America Induction Cooktop Revenue by Countries
6.1.3 United States
6.1.4 Canada
6.1.5 Mexico
6.2 North America Induction Cooktop by Product
6.3 North America Induction Cooktop by End User

7 Europe
7.1 Europe Induction Cooktop by Countries
7.1.1 Europe Induction Cooktop Sales by Countries
7.1.2 Europe Induction Cooktop Revenue by Countries
7.1.3 Germany
7.1.4 France
7.1.5 UK
7.1.6 Italy
7.1.7 Russia
7.2 Europe Induction Cooktop by Product
7.3 Europe Induction Cooktop by End User

8 Asia Pacific
8.1 Asia Pacific Induction Cooktop by Countries
8.1.1 Asia Pacific Induction Cooktop Sales by Countries
8.1.2 Asia Pacific Induction Cooktop Revenue by Countries
8.1.3 China
8.1.4 Japan
8.1.5 Korea
8.1.6 India
8.1.7 Australia
8.1.8 Indonesia
8.1.9 Malaysia
8.1.10 Philippines
8.1.11 Thailand
8.1.12 Vietnam
8.1.13 Singapore
8.2 Asia Pacific Induction Cooktop by Product
8.3 Asia Pacific Induction Cooktop by End User

9 Central & South America
9.1 Central & South America Induction Cooktop by Countries
9.1.1 Central & South America Induction Cooktop Sales by Countries
9.1.2 Central & South America Induction Cooktop Revenue by Countries
9.1.3 Brazil
9.2 Central & South America Induction Cooktop by Product
9.3 Central & South America Induction Cooktop by End User

10 Middle East and Africa
10.1 Middle East and Africa Induction Cooktop by Countries
10.1.1 Middle East and Africa Induction Cooktop Sales by Countries
10.1.2 Middle East and Africa Induction Cooktop Revenue by Countries
10.1.3 GCC Countries
10.1.4 Turkey
10.1.5 Egypt
10.1.6 South Africa
10.2 Middle East and Africa Induction Cooktop by Product
10.3 Middle East and Africa Induction Cooktop by End User

11 Company Profiles
11.1 Midea
11.1.1 Midea Company Details
11.1.2 Company Business Overview
11.1.3 Midea Induction Cooktop Sales, Revenue and Gross Margin (2014-2019)
11.1.4 Midea Induction Cooktop Products Offered
11.1.5 Midea Recent Development
11.2 SUPOR
11.2.1 SUPOR Company Details
11.2.2 Company Business Overview
11.2.3 SUPOR Induction Cooktop Sales, Revenue and Gross Margin (2014-2019)
11.2.4 SUPOR Induction Cooktop Products Offered
11.2.5 SUPOR Recent Development
11.3 Joyoung
11.3.1 Joyoung Company Details
11.3.2 Company Business Overview
11.3.3 Joyoung Induction Cooktop Sales, Revenue and Gross Margin (2014-2019)
11.3.4 Joyoung Induction Cooktop Products Offered
11.3.5 Joyoung Recent Development
11.4 Philips
11.4.1 Philips Company Details
11.4.2 Company Business Overview
11.4.3 Philips Induction Cooktop Sales, Revenue and Gross Margin (2014-2019)
11.4.4 Philips Induction Cooktop Products Offered
11.4.5 Philips Recent Development
11.5 POVOS
11.5.1 POVOS Company Details
11.5.2 Company Business Overview
11.5.3 POVOS Induction Cooktop Sales, Revenue and Gross Margin (2014-2019)
11.5.4 POVOS Induction Cooktop Products Offered
11.5.5 POVOS Recent Development
11.6 Galanz
11.6.1 Galanz Company Details
11.6.2 Company Business Overview
11.6.3 Galanz Induction Cooktop Sales, Revenue and Gross Margin (2014-2019)
11.6.4 Galanz Induction Cooktop Products Offered
11.6.5 Galanz Recent Development
11.7 Fusibo
11.7.1 Fusibo Company Details
11.7.2 Company Business Overview
11.7.3 Fusibo Induction Cooktop Sales, Revenue and Gross Margin (2014-2019)
11.7.4 Fusibo Induction Cooktop Products Offered
11.7.5 Fusibo Recent Development
11.8 Sunpentown
11.8.1 Sunpentown Company Details
11.8.2 Company Business Overview
11.8.3 Sunpentown Induction Cooktop Sales, Revenue and Gross Margin (2014-2019)
11.8.4 Sunpentown Induction Cooktop Products Offered
11.8.5 Sunpentown Recent Development
11.9 Panasonic
11.9.1 Panasonic Company Details
11.9.2 Company Business Overview
11.9.3 Panasonic Induction Cooktop Sales, Revenue and Gross Margin (2014-2019)
11.9.4 Panasonic Induction Cooktop Products Offered
11.9.5 Panasonic Recent Development
11.10 Haier Group
11.10.1 Haier Group Company Details
11.10.2 Company Business Overview
11.10.3 Haier Group Induction Cooktop Sales, Revenue and Gross Margin (2014-2019)
11.10.4 Haier Group Induction Cooktop Products Offered
11.10.5 Haier Group Recent Development
11.11 AB Electrolux
11.12 Bosch
11.13 Whirlpool
11.14 Semikron
11.15 Waring
11.16 Fisher & Paykel
11.17 Smeg
11.18 True Induction
11.19 Miele
11.20 LG Electronics
11.21 MENU SYSTEM
11.22 Chinducs
11.23 Vollrath
11.24 UEMW
11.25 GE
11.26 Qinxin
11.27 Summit Appliance
11.28 Oude
11.29 Sub-Zero Wolf
11.30 Jinbaite
11.31 Elecpro
11.32 Garland
11.33 EMI

12 Future Forecast
12.1 Induction Cooktop Market Forecast by Regions
12.1.1 Global Induction Cooktop Sales Forecast by Regions 2019-2025
12.1.2 Global Induction Cooktop Revenue Forecast by Regions 2019-2025
12.2 Induction Cooktop Market Forecast by Product
12.2.1 Global Induction Cooktop Sales Forecast by Product 2019-2025
12.2.2 Global Induction Cooktop Revenue Forecast by Product 2019-2025
12.3 Induction Cooktop Market Forecast by End User
12.4 North America Induction Cooktop Forecast
12.5 Europe Induction Cooktop Forecast
12.6 Asia Pacific Induction Cooktop Forecast
12.7 Central & South America Induction Cooktop Forecast
12.8 Middle East and Africa Induction Cooktop Forecast

13 Market Opportunities, Challenges, Risks and Influences Factors Analysis
13.1 Market Opportunities and Drivers
13.2 Market Challenges
13.3 Market Risks/Restraints
13.4 Macroscopic Indicators

14 Value Chain and Sales Channels Analysis
14.1 Value Chain Analysis
14.2 Induction Cooktop Customers
14.3 Sales Channels Analysis
14.3.1 Sales Channels
14.3.2 Distributors

15 Research Findings and Conclusion

16 Appendix
16.1 Research Methodology
16.1.1 Methodology/Research Approach
16.1.2 Data Source
16.2 Author Details
16.3 Disclaimer