Household Induction Cook-Tops Market

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Transparency Market

Research

Europe Stands as Largest Market for Household

Induction Cooktops

Published Date

2014-06-10

80 Page Report

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Report Title

Household Induction Cook-tops Market - Global Industry

Analysis, Size, Share, Growth, Trends, and Forecast 2013 2019

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Household Induction Cooktops

REPORT DESCRIPTION

Global Household Induction Cook-tops Market- Industry Analysis, Size, Share,

Trends & Forecast 2013-2019

The global household induction cook-tops (hobs) market is poised to reach US$10.5 bn by 2019,

states a latest report by Transparency Market Research. The report, titled, “ Household

Induction Cook-tops Market – Global Industry Analysis, Size, Share, Growth, Trends,

and Forecast, 2013 – 2019,” finds that the rising prices of cooking gas will prompt more

consumers to switch to induction cooktops. In terms of volume, the market is predicted to stand

at 21.8 mn units by 2019.

The Household Induction Cook-Tops Market refers to the global market for cook-tops, also

known as hobs, which operate on the concept of induction heating/cooking. These are considered

as one of the advanced technological innovations in the field of cooking. This type of cooking not

only has energy efficiency benefits, but also provides health and safety benefits to users.

Induction cook-tops, which are relatively new to many regions in emerging Asia-Pacific

economies, are already enjoying fast adoption across consumers in Europe. The induction cooktops market is experiencing a moderate single digit growth rate, and is expected to see gradual

rise towards end of the forecast period. This is due to growing awareness and rapid urbanization

in Asia-Pacific and Eastern Europe regions.

There are many factors driving the market growth for...