Electric Stoves Market Size, Share, Revenue, Trends And Drivers For 2024-2033
Electric Stoves Global Market Report 2024 – Market Size, Trends, And Global Forecast 2023-2032
The Business Research Company's Electric Stoves Global Market Report 2024 – Market Size, Trends, And Global Forecast 2023-2032
LANDON, GREATER LANDON, UK, December 26, 2023 /EINPresswire.com/ -- Business Research Company's Year-End Special: Get a 33% discount on Opportunities and Strategies Reports and a 25% discount on Global Market Reports.
The Business Research Company’s “Electric Stoves Global Market Report 2024 is a comprehensive source of information that covers every facet of the market. As per TBRC’s market forecast, the electric stoves market size is predicted to reach the electric stoves market size has grown steadily in recent years. It will grow from $22.98 billion in 2023 to $23.63 billion in 2024 at a compound annual growth rate (CAGR) of 2.8%. The growth in the historic period can be attributed to electrification of homes, urbanization and apartment living, mass production, electrification of rural areas. The electric stoves market size is expected to see steady growth in the next few years. It will grow to $26.01 billion in 2028 at a compound annual growth rate (CAGR) of 2.4%.
The growth in the electric stoves market is due to the rising demand for electric stoves. Asia-Pacificregion is expected to hold the largest electric stoves market share. Major players in the electric stoves market include Koninklijke Philips N.V., Panasonic Corporation, Haier Group Corporation, AB Electrolux, Robert Bosch GmbH, Broseley Fires.
Electric Stoves Market Segments
• By Product: Built in, Free-Standing
• By Material: Metal Stove, Stone Stove, Ceramic Stove, Other Materials
• By Application: Residential Use, Commercial Use, Industrial Use
• By Geography: The global electric stoves market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Learn More On The Market By Requesting A Free Sample (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample_request?id=2636&type=smp
An electric stove is defined as an electrical device that converts electricity to heat and serves as an alternative to gas stoves. Electric stoves contain a thermostat, spiral or coil-shaped burners placed on top, and heat-producing elements for baking and cooking.
The main products of electric stoves are built-in and free-standing. Built-in stoves are completely self-contained. They fit tightly between cabinets and appear to be a part of the cabinets, but they are not. They have a cooktop with burners above an oven, as well as a drawer at the base. The different materials used are metal stoves, stone stoves, ceramic stoves and others that are used for residential use, commercial use and industrial use.
Read More On The Electric Stoves Global Market Report At:
https://www.thebusinessresearchcompany.com/report/electric-stoves-global-market-report
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Electric Stoves Market Characteristics
3. Electric Stoves Market Trends And Strategies
4. Electric Stoves Market – Macro Economic Scenario
5. Electric Stoves Market Size And Growth
……
27. Electric Stoves Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Market
29. Electric Stoves Market Future Outlook and Potential Analysis
30. Appendix
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