Latest research report on “Microwave Oven Market” now available at high quality database of ReportsnReports.com with market size, share, trends, competitive and statistical analysis. An exclusive data offered in this report is collected by research and industry experts team.
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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 2538 mm (11.5 inches) of a homogeneous, high water content food item; food is more evenly heated throughout than generally occurs in other cooking techniques.
This report contains market size and forecasts of Microwave Oven in global, including the following market information:
Global Microwave Oven Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Microwave Oven Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Microwave Oven companies in 2021 (%)
The global Microwave Oven market was valued at 10080 million in 2021 and is projected to reach US$ 13620 million by 2028, at a CAGR of 4.4% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Under 1 Cu. Ft Type Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Microwave Oven include Galanz, Midea, Electrolux, Whirlpool, Panasonic, Samsung, Daewoo, BSH Home Appliances and SHARP, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Microwave Oven manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Microwave Oven Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Microwave Oven Market Segment Percentages, by Type, 2021 (%)
– Under 1 Cu. Ft Type
– 1 to 1.9 Cu. Ft Type
– Over 2 Cu.ft Type
Global Microwave Oven Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Microwave Oven Market Segment Percentages, by Application, 2021 (%)
– Household Use
– Commercial Use
Global Microwave Oven Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Microwave Oven Market Segment Percentages, By Region and Country, 2021 (%)
– North America
– – US
– – Canada
– – Mexico
– – Germany
– – France
– – U.K.
– – Italy
– – Russia
– – Nordic Countries
– – Benelux
– – Rest of Europe
– – China
– – Japan
– – South Korea
– – Southeast Asia
– – India
– – Rest of Asia
– South America
– – Brazil
– – Argentina
– – Rest of South America
– Middle East & Africa
– – Turkey
– – Israel
– – Saudi Arabia
– – UAE
– – Rest of Middle East & Africa
The report also provides analysis of leading market participants including:
Key companies Microwave Oven revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Microwave Oven revenues share in global market, 2021 (%)
Key companies Microwave Oven sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Microwave Oven sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
– BSH Home Appliances
– GE (Haier)
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