PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1258141
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1258141
The global Electric Cooker Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2029. Electric cookers are used for cooking without using fire. It includes a timer, hat adjustment variation knobs, LCD displays, voice navigation, and others. Some advanced electric cookers also have built-in Wi-Fi connectivity. It allows users to control functions through smartphone apps.It has application across household and commercial sectors. The Electric Cooker market is expanding because of factors such as rising disposable income and growing urbanization in the forecast period.
According to Statista in 2022, the United States has the highest gross adjusted household disposable income per capita at USD 54,854 dollars, Luxembourg at USD 49,860.7 dollars, Switzerland at 43,062 dollars, and Australia at USD 42,547.5 dollars. Whereas rising awareness towards renewable energy products and technological advancement & innovations create lucrative opportunities for the market. However, the higher cost of electric cookers hampers the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Electric Cooker Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia Pacific dominated the market in terms of revenue, owing to the increasing urbanization, rising disposable income, and growing demand for smart technologies. Whereas the Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as increasing spending on advanced and smart appliances, and growing penetration of market players.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of figures
List of tables and figures and dummy in nature, final lists may vary in the final deliverable