Built-in Induction Hobs - Global Market Trajectory & Analytics

Global Built-in Induction Hobs Market to Reach $395.7 Million by 2027

Amid the COVID-19 crisis, the global market for Built-in Induction Hobs estimated at US$275.1 Million in the year 2020, is projected to reach a revised size of US$395.7 Million by 2027, growing at a CAGR of 5.3% over the period 2020-2027.

The U.S. Market is Estimated at $74.5 Million, While China is Forecast to Grow at 8.2% CAGR

The Built-in Induction Hobs market in the U.S. is estimated at US$74.5 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$82.2 Million by the year 2027 trailing a CAGR of 8.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.9% and 4.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.3% CAGR.

Select Competitors (Total 42 Featured):

• AB Electrolux
• Koninklijke Philips NV
• LG Electronics Inc.
• Panasonic Corp.
• Robert Bosch GmbH
• Samsung Electronics Co. Ltd.
• Smeg Spa
• Sub-Zero Group Inc.
• TTK Prestige Ltd.
• Whirlpool Corp.;