Microwave oven is a kitchen appliance that heats and cooks food by exposing it to electromagnetic radiation in the microwave frequency range. This induces polar molecules in the food to rotate and produce thermal energy in a process known as dielectric heating. Microwave ovens heat foods quickly and efficiently because excitation is fairly uniform in the outer 25–38 mm (1–1.5 inches) of a homogeneous, high water content food item; food is more evenly heated throughout than generally occurs in other cooking techniques.
Los Angeles, CA -- (SBWIRE) -- 11/21/2018 -- This study researches the market size of Microwave Oven, presents the global Microwave Oven sales and revenue by companies, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
This report focuses on the key data information of Microwave Oven in key regions like North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa, presents sales, revenue, market share, growth rate of Microwave Oven for each region and countries in each region.
For top companies, this report investigates and analyzes the sales, revenue, market share and growth rate for the top players, key data from 2013 to 2018.
This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter's Five Forces Analysis.
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Currently, there are many producing companies in the world. The main market players are Galanz, Midea, Electrolux, Whirlpool, Panasonic, Samsung, Daewoo, BSH Home Appliances,
SHARP, LG, Brandt, GE (Haier), Candy Group, Moulinex, Breville and so on. The production value of Microwave Ovens is about 8000.1 Million USD in 2017.
China is the largest production regions of Microwave Ovens, with a production value market share nearly 48.89% in 2017.
The second place is Europe; following China with the production value market share over 15.14% in 2017. North America is another important production market of Microwave Ovens.
Microwave Ovens used in Household and Commercial places. Report data showed that 68.69% of the Microwave Ovens market demand in Household and 31.31% in Commercial in 2017.
There are three kinds of Commercial Microwave Ovens, which are Under 1 Cu. Ft Type, 1 to 1.9 Cu. Ft Type and Over 2 Cu.ft Type. Under 1 Cu. Ft Type is important in the Microwave Ovens, with a production market share nearly 57.35% in 2017.
Briefly speaking, in the next few years, Microwave Ovens industry will still be a relative steady industry. Sales of Microwave Ovens have brought a lot of opportunities, there will more companies enter into this industry, especially in developing countries.
In 2018, the global Microwave Oven market size was 8000 million US$ and is forecast to 11500 million US in 2025, growing at a CAGR of 4.6% from 2018. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Microwave Oven.
This report includes the following manufacturers; we can also add the other companies as you want.
Galanz
Midea
Electrolux
Whirlpool
Panasonic
Samsung
Daewoo
BSH Home Appliances
SHARP
LG
Brandt
GE (Haier)
Candy Group
Moulinex
Breville
Market Segment by Product Type
Under 1 Cu. Ft Type
1 to 1.9 Cu. Ft Type
Over 2 Cu.ft Type
Market Segment by Application
Household Use
Commercial Use
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