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Global Induction Cooktop Market Will Grow at a CAGR 0.4% and Reach USD 5.57 Billion by 2023, from USD 5.45 Billion in 2017

New Global Induction Cooktop Players Market 2023 Report Covers market forecast and top Companies like Midea, SUPOR, Joyoung, Philips, POVOS and others.

Posted: Tuesday, September 25, 2018 at 1:44 PM CDT

Lewes, DE -- (SBWire) -- 09/25/2018 --Induction Cooktop Market will register a 0.4% CAGR in terms of revenue, reach US$ 5570 million by 2023, from US$ 5450 million in 2017.

Induction Cooktop is a kind cooking equipment using electromagnetism to turn cooking pans into cookers (creating heat energy inside the pan itself, instead of firing it in from outside). Induction cooktop cooks food more quickly and safely with less energy, compared with the traditional gas stove.

Simply, an induction cooktop is an electromagnet. Inside the glass cooktop, there's an electronically controlled coil of metal. When turn on the power, there will be an alternating current flow through the coil and it produces a fluctuating magnetic field all around it and directly above it, this will produce heat indirectly.

Induction cooktop is a cooking equipment using electromagnetism to turn cooking pans into cookers (creating heat energy inside the pan itself, instead of firing it in from outside). The types of induction cooktop mainly include touch screen and touchtone type.

China is the largest production market of induction cooktop with market share more than 70%. In addition, China is also the largest consumer of induction cooktop with market share about 59% in 2015.In general; China is the most important player in the global market of induction cooktop.

Every year, there is millions of induction cooktops exported to India, Taiwan, USA and Europe from China. Giant manufacturers like Midea, SUPOR and Joyoung not only dominated the local market, but also occupied large market share in other regions.

Over the next five years, Study projects that Induction Cooktop will register a 0.4% CAGR in terms of revenue, reach US$ 5570 million by 2023, from US$ 5450 million in 2017.

This report studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players:
Midea
SUPOR
Joyoung
Philips
POVOS
Galanz
Fusibo
Sunpentown
Panasonic
Haier Group
AB Electrolux
Bosch
Whirlpool
Semikron
Waring
Fisher & Paykel
Smeg
True Induction
Miele
LG Electronics
MENU SYSTEM
Chinducs
Vollrath
UEMW
GE
Qinxin
Summit Appliance
Oude
Sub-Zero Wolf
Jinbaite
Elecpro
Garland
EMI

Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like
North America (United States, Canada and Mexico)
Asia-Pacific (China, Japan, Southeast Asia, India and Korea)
Europe (Germany, UK, France, Italy and Russia etc.)
South America (Brazil, Chile, Peru and Argentina)
Middle East and Africa (Egypt, South Africa, Saudi Arabia)

Split by Product Types, with sales, revenue, price, market share of each type, can be divided into
Touch Screen Type
Touchtone Type

Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into
Home Use
Commercial Use

Spanning over 167 pages "Forecast of Global Induction Cooktop Players Market 2023" report covers Induction Cooktop Market Overview, Global Induction Cooktop Sales, Revenue (Value) and Market Share by Players, Global Induction Cooktop Sales, Revenue (Value) by Regions, Type and Application (2013-2018), North America Top 5 Players Induction Cooktop Sales, Revenue and Price, Europe Top 5 Players Induction Cooktop Sales, Revenue and Price, Asia-Pacific Top 5 Players Induction Cooktop Sales, Revenue and Price, South America Top 5 Players Induction Cooktop Sales, Revenue and Price, Middle East & Africa Top 5 Players Induction Cooktop Sales, Revenue and Price, Global Induction Cooktop Players Profiles/Analysis, Global Induction Cooktop Market Forecast (2018-2023), Induction Cooktop Manufacturing Cost Analysis, Industrial Chain, Sourcing Strategy and Downstream Buyers, Marketing Strategy Analysis, Distributors/Traders, Market Effect Factors Analysis, Research Findings and Conclusion, Appendix.

Please visit this link for more details: https://www.marketresearchreports.com/mrrpb2/forecast-global-induction-cooktop-players-market-2023

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Forecast of Global Induction Cooktop Players Market 2023