Household Induction Cook-tops Market - Global Industry Share, Trends and Forecast, 2012 - 2018

Transparency Market Research

Household Induction Cooktops Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018

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Published Date: Mar 2013

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70 Pages Report

Corporate User License: US $ 10595 REPORT DESCRIPTION Household Induction Cook-tops Market (Hobs) is Expected to Reach USD 5.2 Billion Globally by 2018: Transparency Market Research Transparency Market Research published new "Household Induction Cook-tops (Hobs) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018" market research report to its report store. The household induction cook-tops market refers to the global market for cook-tops which operate on the concept of induction heating/cooking, and 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 of European markets. The induction cook-tops market is experiencing a moderate single digit growth rate and is expected to see a gradual rise as the forecast period comes to an end.

This is due to growing awareness and rapid urbanization in the Asia Pacific and Eastern Europe regions.

There are many macro and micro economic factors driving the growth, such as growing urbanization and trend of modular kitchens in new houses being constructed (especially in Europe and Grade I cities of the Asia Pacific region). An important factor influencing market growth is the technological development in the field of induction cooking, which have made induction cook-tops more energy-efficient and responsive to temperature changes (during heating). Moreover, new design features with multi-functionality of induction cook-tops have contributed to their growing acceptance among consumers.

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Globally, the Asia Pacific market is estimated to be the most attractive market, followed by Europe and then North America. RoW currently is not very attractive due to low market penetration and awareness. Moreover, the growth challenges in regions such as Africa and Latin America pull down the commitment of the regional governments towards promoting energy efficient products at such a niche end-use segment level.

The global household induction cook-tops market has a healthy mix of both regional and global white goods industry players. The leading domestic players include names such as KitchenAid (By Whirlpool), Gaggenau Thermador, and AEG (only in Canada, by Electrolux).

Europe, in particular, has high concentration of domestic players, while the Asia Pacific market is dominated by leading global players such as Electrolux, Videocon, and Philips Electronics, among others.

TABLE OF CONTENTS Chapter 1 Preface 1.1 Report Description 1.2 Research Methodology Chapter 2 Executive Summary Chapter 3 Household Induction Cook-Tops Marke Analysis 3.1 Market Definition 3.2 Market Overview 3.3 Market Size and Forecast 3.4 Market Trends and Future Outlook 3.5 Market Dynamics 3.5.1 Drivers 3.5.1.1 Growing Population and Rising Number of Smaller Households 3.5.1.2 Optimized Cooking 3.5.1.3 Increased Per Capita Income 3.5.1.4 Rise in Number of Working Women

3.5.1.5 Rising Fuel Prices: Induction or Electricity Operated Cook-Tops Gaining Popularity 3.5.2 Restraints 3.5.2.1 Need for Specialized Cook-Ware: Magnetic Ware (Higher Switching Cost) 3.5.2.2 Higher Cost (First Time Purchase) 3.5.2.3 Growing Preferences for Ovens/Microwaves and Rising Trend for Outdoor Dining 3.5.3 Opportunities 3.5.3.1 Development of Novel and Improved Products 3.5.3.2 India as Potential Market for Induction Cook-Tops 3.5.3.3 Rising Urbanization in Emerging Markets 3.6 Porter’s Five Forces Analysis – Global Household Induction Cook-Tops Market 3.6.1 Suppliers’ Power 3.6.2 Buyers’ Power 3.6.3 Threat of New Entrants 3.6.4 Threat from Substitutes 3.6.5 Degree of Competition 3.7 Household Induction Cook-Tops – Global Market Attractiveness Analysis Browse the full report with Request TOC at http://www.transparencymarketresearch.com/hobs-market.html.

Chapter 4 Household Induction Cook-Tops Market Analysis – by Geography 4.1 Overview 4.2 North America Household Induction Cook-Tops Market Size and Forecast 4.3 Europe Household Induction Cook-Tops Market Size and Forecast 4.4 Asia Pacific Household Induction Cook-Tops Market Size and Forecast 4.5 Row Household Induction Cook-Tops Market Size and Forecast Chapter 5 Competitive Landscape 5.1 Competitive Analysis 5.2 Company Profile 5.2.1 AB Electrolux 5.2.1.1 Company Overview 5.2.1.2 Financial Overview 5.2.1.3 Business Strategies 5.2.1.4 Recent Developments 5.2.2 Daewoo Electronics Corporation 5.2.2.1 Company Overview 5.2.2.2 Financial Overview 5.2.2.3 Business Strategies 5.2.2.4 Recent Developments 5.2.3 Whirlpool Corporation 5.2.3.1 Company Overview

5.2.3.2 Financial Overview 5.2.3.3 Business Strategy 5.2.3.4 Recent Developments 5.2.4 Haier Group Company 5.2.4.1 Company Overview 5.2.4.2 Financial Overview 5.2.4.3 Business Strategies 5.2.4.4 Recent Developments 5.2.5 LG Electronics 5.2.5.1 Company Overview 5.2.5.2 Financial Overview 5.2.5.3 Business Strategies 5.2.5.4 Recent Developments 5.2.6 Panasonic 5.2.6.1 Company Overview 5.2.6.2 Financial Overview 5.2.6.3 Business Strategies 5.2.6.4 Recent Developments Browse the full report with Request TOC at http://www.transparencymarketresearch.com/hobs-market.html.

5.2.7 Philips Electronics 5.2.7.1 Company Overview 5.2.7.2 Financial Overview 5.2.7.3 Business Strategies 5.2.7.4 Recent Developments 5.2.8 Videocon Industries Limited 5.2.8.1 Company Overview 5.2.8.2 Business Strategies 5.2.8.3 Financial Overview 5.2.8.4 Recent Developments 5.2.9 Robert Bosch GmBh 5.2.9.1 Company Overview 5.2.9.2 Business Strategies 5.2.9.3 Financial Overview 5.2.9.4 Recent Developments 5.2.10 Fisher & Paykel Appliances Holdings Ltd. 5.2.10.1 Company Overview 5.2.10.2 Financial Overview 5.2.10.3 Business Strategies 5.2.10.4 Recent Developments 5.2.11 Stoves Appliance Company (Glen Dimplex Home Appliances Ltd.) 5.2.11.1 Company Overview

5.2.11.2 Financial Overview 5.2.11.3 Business Strategies 5.2.11.4 Recent Developments 5.2.12 Miele & Cie. KG 5.2.12.1 Company Overview 5.2.12.2 Financial Overview 5.2.12.3 Business Strategies 5.2.12.4 Recent Developments 5.2.13 Sub-Zero Wolf 5.2.13.1 Company Overview 5.2.13.2 Business Strategies 5.2.13.1 Financial Overview 5.2.13.2 Recent Developments 5.2.14 smeg 5.2.14.1 Company Overview 5.2.14.2 Business Strategies 5.2.14.1 Financial Overview 5.2.14.2 Recent Developments Browse All Market Research Reports: http://www.transparencymarketresearch.com/.

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