Newest Research on “Induction Hobs Market” – Forecast by Top Regions 2023-2028

Induction hobs are cooking appliances that use electrical energy as a source of heat for the cooking process. An induction hob converts the electrical energy into a magnetic field on the surface of the cooktop.
Report Overview
Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Induction Hobs estimated at USD 12200 million in the year 2022, is projected to reach a revised size of USD 15460 million by 2028, growing at a CAGR of 4.0% during the forecast period 2022-2028.
The USA market for Induction Hobs is estimated to increase from USD million in 2022 to reach USD million by 2028, at a CAGR of Percent during the forecast period of 2023 through 2028.
The China market for Induction Hobs is estimated to increase from USD million in 2022 to reach USD million by 2028, at a CAGR of Percent during the forecast period of 2023 through 2028.
The Europe market for Induction Hobs is estimated to increase from USD million in 2022 to reach USD million by 2028, at a CAGR of Percent during the forecast period of 2023 through 2028.
The global key manufacturers of Induction Hobs include Bosch, Electrolux, Haier Electronics, LG Electronics, Panasonic and Whirlpool, etc. In 2021, the global top five players had a share approximately Percent in terms of revenue.
In terms of production side, this report researches the Induction Hobs production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Induction Hobs by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.

Major Product Types of Induction Hobs covered are:

  • Built-in Induction Hobs
  • Freestanding/ Portable Induction Hobs

    Major Applications of Induction Hobs covered are:

  • Hypermarkets and Supermarkets
  • Department Stores
  • Online Sales
  • Others (discount retailers, online)

    key players operating in the Induction Hobs market

  • Bosch
  • Electrolux
  • Haier Electronics
  • LG Electronics
  • Panasonic
  • Whirlpool

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