Oven & Stove Manufacturing in the US - Industry Market Research Report

Heat is On: Industry Growth is Expected to Slow Alongside the Housing Market

The Oven and Stove Manufacturing industry includes producers of electric and gas ovens and ranges. Industry products are designed primarily for household installation and demand for them therefore follows broad trends in residential construction and real estate markets. Over the five years to 2019, overall construction growth has spurred heightened demand for industry products, while strong increases in consumer incomes after years of stagnation released pent-up replacement demand. Nonetheless, over the past two years tariffs on appliances made in China and retaliatory tariffs on US exports have directly affected the industry. Over the five years to 2024, industry revenue growth is expected to slow as housing starts begin to slow as well.

This industry manufactures a wide variety of ovens, stoves, ranges and other cooking equipment for home use. These products generally come in gas and electric form. This industry does not include microwaves, toaster ovens or commercial ovens.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.