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Transparency Market Research
Household Induction Cook-tops Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2013 - 2019
Published Date 2014-06-10
80 Page Report
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Demand from Europe to Help Global Household Induction CookTops Market Reach US$5.2 Billion by 2018
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Household Induction Cooktops Market
REPORT DESCRIPTION
Household Induction Cook-tops Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2013 – 2019
The global household induction cook-tops market is driven by the rise in prices of traditional fuels such as LPG and natural gas, increase in disposable income and growing consumer awareness. In addition, higher fuel efficiency offered by induction cook-tops has also immensely contributed to the market growth. However, some of the factors which hinder the market growth include the high initial cost, need for specialized cook-ware (magnetic ware) and rising trend of outdoor dining. Furthermore, growing urbanization in emerging markets such as India, Latin American countries, Brazil, China and development of new and improved products which address customer concerns such as efficiency, high maintenance cost etc. are expected to emerge as an opportunity, thereby contributing to the growth of the global household induction cook-tops market.
This market is sub-segmented on the basis of products and geography. Product segment includes free-standing (portable) and integrated (built-in) cook-tops. By products, the built-in cook-tops segment dominated the global household induction market and the trend is expected to continue over the forecast period. A detailed market analysis and forecast for these segments has been provided in this study, in terms of market revenue (USD...