Portable Induction Hobs - Global Market Trajectory & Analytics

Global Portable Induction Hobs Market to Reach $303.5 Million by 2027

Amid the COVID-19 crisis, the global market for Portable Induction Hobs estimated at US$219.7 Million in the year 2020, is projected to reach a revised size of US$303.5 Million by 2027, growing at a CAGR of 4.7% over the period 2020-2027.

The U.S. Market is Estimated at $59.3 Million, While China is Forecast to Grow at 7.6% CAGR

The Portable Induction Hobs market in the U.S. is estimated at US$59.3 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$63.6 Million by the year 2027 trailing a CAGR of 7.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.7% and 3.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.4% CAGR.

Select Competitors (Total 34 Featured):

• Electrolux AB
• Groupe SEB
• Haier Group
• Koninklijke Philips N.V.
• LG Electronics, Inc.
• Middleby Corporation
• Midea Group Co., Ltd.
• Panasonic Corporation
• Robert Bosch GmbH
• Samsung Electronics Co., Ltd.
• SMEG S. p.A.
• Summit Appliance
• Whirlpool Corporation