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.