The Microwave Oven Market is expected to attain a market size of $28.9 billion by 2023, growing at a CAGR of 5.9% during the forecast period.
According to a new report Microwave Oven Market (2017-2023), published by KBV Research, the Microwave Oven Market is expected to attain a market size of $28.9 billion by 2023, growing at a CAGR of 5.9% during the forecast period.
The Convection market dominated the Global Microwave Oven Market by Product Type in 2016, and would continue to be a dominant market till 2023. The Grill market is expected to witness a CAGR of 6.6% during (2017 – 2023).
Additionally, The Solo market is expected to witness a CAGR of 6.7% during (2017 – 2023).
The North America market dominated the Global Commercial Microwave Oven Market by Region in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 6.9 % during the forecast period. The Europe market is expected to witness a CAGR of 6.6% during (2017 – 2023).
Additionally, The Asia Pacific market is expected to witness a CAGR of 8.7% during (2017 – 2023).
The Counter Top market dominated the Global Microwave Oven Market by Structure in 2016, and would continue to be a dominant market till 2023; thereby, achieving a market value of $20,810.5 million by 2023, growing at a CAGR of 5.5 % during the forecast period. Additionally, The Built-In market would attain market value of $8,093.0 million by 2023.
The report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key influencing factors of the Microwave Oven Market have been discussed in the report along with the elaborated company profiles of Panasonic Corporation, Whirlpool Corporation, LG Corporation (LG Electronics, Inc.), SAMSUNG ELECTRONICS CO. LTD., Alto Shaam, Inc., AB Electrolux, Hon Hai Precision Industry Co., Ltd., Techtronic Industries (Hoover limited), Illinois Tool Works (ITW) Inc., and Galanz Enterprise Group.
Full report – kbvresearch.com/microwave-oven-market/
Microwave Oven Market Segmentation
By Product Types
- Counter Top
- North America Microwave-Oven Market
- US Market
- Canada Market
- Mexico Market
- Rest of North America Market
- Europe Microwave-Oven Market
- Germany Market
- UK Market
- France Market
- Russia Market
- Spain Market
- Italy Market
- Rest of Europe Market
- Asia Pacific Microwave-Oven Market
- China Market
- Japan Market
- India Market
- Australia Market
- Singapore Market
- Malaysia Market
- Rest of Asia-Pacific Market
- LAMEA Microwave-Oven Market
- Brazil Market
- Argentina Market
- UAE Market
- Saudi Arabia Market
- South Africa Market
- Nigeria Market
- Rest of LAMEA Market
- Panasonic Corporation
- Whirlpool Corporation
- LG Corporation (LG Electronics, Inc.)
- SAMSUNG ELECTRONICS CO. LTD.
- Alto Shaam, Inc.
- AB Electrolux
- Hon Hai Precision Industry Co., Ltd.
- Techtronic Industries (Hoover limited)
- Illinois Tool Works (ITW) Inc.
- Galanz Enterprise Group
Unique Offerings from KBV Research
- Exhaustive coverage of Microwave-Oven Market
- Highest number of market tables and figures
- Unique “Market Research & Analytics Tool” to provide instant comparative analysis within the report
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