Microwave Oven Market Size, Share & Trends Analysis Report By Product (Convection, Grill, Solo), By Application (Commercial, Household), By Structure (Built-in, Countertop), By Region, And Segment Forecasts, 2023

The global microwave oven market size is anticipated to reach USD 13.24 billion by 2030, according to a new report by Grand View Research, Inc.., rising at a CAGR of 2.8% during the forecast period. Improving the standard of living of consumers, a growing number of nuclear families, and increasing demand for frozen and ready-to-eat food are some of the key factors stimulating market growth.

A growing number of working women and preoccupied schedules of people in urban cities are likely to fuel the demand for ovens. A large part of new households comprises working singles who prefer to dine out rather than setting up their kitchen. This may be a drawback for the residential appliance market. However, this trend is estimated to boost the culture of quick-service restaurants, cafes, and small eateries, which in turn will work in favor of the market.

Robust growth of the hospitality sector and rising catering contracts for large-scale functions, seminars, and other social gatherings are also expected to stir up the demand for commercial appliances over the forecast period. In the case of the residential application segment, the most significant driver is the changing lifestyles and food consumption preferences of people, with more consumers shifting towards ready-to-eat and frozen food.

Macroeconomic factors such as growing population, rising disposable income of consumers, and increasing awareness of different cooking media such as microwave oven, grills, and barbeques are projected to impact the market positively.

Microwave Oven Market Report Highlights:

The convection segment is poised to maintain its dominance in the market over the forecast period.
The grill microwave ovens segment is expected to grow at a significant CAGR of 3.05% over the forecast period.
The Asia Pacific held the largest revenue share of 33.6% in 2022 and is expected to capture the largest CAGR of 4.8% from 2023 to 2030
The household segment accounted for a revenue share of 60.6% of the global market in 2022.

Product Code: 978-1-68038-654-7

Chapter 1. Methodology and Scope

1.1. Market Segmentation & Scope
- 1.1.1. Product
- 1.1.2. Application
- 1.1.3. Structure
- 1.1.4. Regional scope
- 1.1.5. Estimates and forecast timeline
1.2. Research Methodology
1.3. Information Procurement
- 1.3.1. Purchased database
- 1.3.2. GVR's internal database
- 1.3.3. Secondary sources
- 1.3.4. Primary research
- 1.3.5. Details of primary research
1.4. Information or Data Analysis
1.5. Market Formulation & Validation
1.6. Model Details
1.7. List of Secondary Sources
1.8. List of Primary Sources
1.9. Objectives

Chapter 2. Executive Summary

2.1. Market Outlook
2.2. Segment Outlook
- 2.2.1. Product outlook
- 2.2.2. Application outlook
- 2.2.3. Structure outlook
- 2.2.4. Regional outlook
2.3. Competitive Insights

Chapter 3. Microwave Oven Market Variables, Trends & Scope

3.1. Market Lineage Outlook
3.2. Industry Value Chain Analysis
3.3. Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint Analysis
- 3.3.3. Market Opportunity Analysis
3.4. Microwave Oven Market Analysis Tools
- 3.4.1. Industry Analysis - Porter's
  - 3.4.1.1. Supplier power
  - 3.4.1.2. Buyer power
  - 3.4.1.3. Substitution threat
  - 3.4.1.4. Threat of new entrant
  - 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL analysis
  - 3.4.2.1. Political landscape
  - 3.4.2.2. Technological landscape
  - 3.4.2.3. Economic Landscape

Chapter 4. Microwave Oven Market: Product Estimates & Trend Analysis

4.1. Microwave Oven Market: Key Takeaways
4.2. Microwave Oven Market: Movement & Market Share Analysis, 2022 & 2030
4.3. Convection
- 4.3.1. Convection market estimates and forecasts, 2017 to 2030 (USD Million)
4.4. Grill
- 4.4.1. Grill market estimates and forecasts, 2017 to 2030 (USD Million)
4.5. Solo
- 4.5.1. Solo market estimates and forecasts, 2017 to 2030 (USD Million)

Chapter 5. Microwave Oven Market: Application Estimates & Trend Analysis

5.1. Microwave Oven Market: Key Takeaways
5.2. Microwave Oven Market: Movement & Market Share Analysis, 2022 & 2030
5.3. Commercial
- 5.3.1. Commercial market estimates and forecasts, 2017 to 2030 (USD Million)
5.4. Household
- 5.4.1. Household market estimates and forecasts, 2017 to 2030 (USD Million)

Chapter 6. Microwave Oven Market: Structure Estimates & Trend Analysis

6.1. Microwave Oven Market: Key Takeaways
6.2. Microwave Oven Market: Movement & Market Share Analysis, 2022 & 2030
6.3. Built-in
- 6.3.1. Built-in market estimates and forecasts, 2017 to 2030 (USD Million)
6.4. Countertop
- 6.4.1. Countertop market estimates and forecasts, 2017 to 2030 (USD Million)

Chapter 7. Microwave Oven Market: Regional Estimates & Trend Analysis

7.1. Regional Outlook
7.2. Microwave Oven Market by Region: Key Takeaway
7.3. North America
- 7.3.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
- 7.3.2. U.S.
  - 7.3.2.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
- 7.3.3. Canada
  - 7.3.3.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
7.4. Europe
- 7.4.1. UK
  - 7.4.1.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
- 7.4.2. Germany
  - 7.4.2.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
- 7.4.3. France
  - 7.4.3.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
7.5. Asia Pacific
- 7.5.1. Japan
  - 7.5.1.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
- 7.5.2. China
  - 7.5.2.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
- 7.5.3. India
  - 7.5.3.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
- 7.5.4. Australia
  - 7.5.4.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
- 7.5.5. South Korea
  - 7.5.5.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
7.6. Latin America
- 7.6.1. Brazil
  - 7.6.1.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
- 7.6.2. Mexico
  - 7.6.2.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
7.7. MEA
- 7.7.1. Saudi Arabia
  - 7.7.1.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
- 7.7.2. South Africa
  - 7.7.2.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
- 7.7.3. UAE
  - 7.7.3.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)

Chapter 8. Competitive Landscape

8.1. Recent Developments & Impact Analysis, By Key Market Participants
8.2. Market Participant Categorization
- 8.2.1. AB Electrolux
  - 8.2.1.1. Company overview
  - 8.2.1.2. Financial performance
  - 8.2.1.3. Product benchmarking
  - 8.2.1.4. Strategic initiatives
- 8.2.2. Alto-Shaam, Inc.
  - 8.2.2.1. Company overview
  - 8.2.2.2. Financial performance
  - 8.2.2.3. Product benchmarking
  - 8.2.2.4. Strategic initiatives
- 8.2.3. WINIA Electronics Co., Ltd.
  - 8.2.3.1. Company overview
  - 8.2.3.2. Financial performance
  - 8.2.3.3. Product benchmarking
  - 8.2.3.4. Strategic initiatives
- 8.2.4. Haier Group
  - 8.2.4.1. Company Overview
  - 8.2.4.2. Financial performance
  - 8.2.4.3. Product benchmarking
  - 8.2.4.4. Strategic initiatives
- 8.2.5. LG Electronics
  - 8.2.5.1. Company overview
  - 8.2.5.2. Financial performance
  - 8.2.5.3. Product benchmarking
  - 8.2.5.4. Strategic initiatives
- 8.2.6. Panasonic
  - 8.2.6.1. Company overview
  - 8.2.6.2. Financial performance
  - 8.2.6.3. Product benchmarking
  - 8.2.6.4. Strategic initiatives
- 8.2.7. Robert Bosch GmbH
  - 8.2.7.1. Company overview
  - 8.2.7.2. Financial performance
  - 8.2.7.3. Product benchmarking
  - 8.2.7.4. Strategic initiatives
- 8.2.8. SHARP CORPORATION
  - 8.2.8.1. Company overview
  - 8.2.8.2. Financial performance
  - 8.2.8.3. Product benchmarking
  - 8.2.8.4. Strategic initiatives
- 8.2.9. SMEG
  - 8.2.9.1. Company overview
  - 8.2.9.2. Financial performance
  - 8.2.9.3. Product benchmarking
  - 8.2.9.4. Strategic initiatives
- 8.2.10. Whirlpool Corporation
  - 8.2.10.1. Company overview
  - 8.2.10.2. Financial performance
  - 8.2.10.3. Product benchmarking
  - 8.2.10.4. Strategic initiatives

Product Code: 978-1-68038-654-7

List of Tables

Table 1 List of abbreviations
Table 2 North America microwave oven market, by product, 2017 - 2030 (USD Million)
Table 3 North America microwave oven market, by application, 2017 - 2030 (USD Million)
Table 4 North America microwave oven market, by structure, 2017 - 2030 (USD Million)
Table 5 North America microwave oven market, by region, 2017 to 2030 (USD Million)
Table 6 U.S. microwave oven market, by product, 2017 - 2030 (USD Million)
Table 7 U.S. microwave oven market, by application, 2017 - 2030 (USD Million)
Table 8 U.S. microwave oven market, by structure, 2017 - 2030 (USD Million)
Table 9 Canada microwave oven market, by product, 2017 - 2030 (USD Million)
Table 10 Canada microwave oven market, by application, 2017 - 2030 (USD Million)
Table 11 Canada microwave oven market, by structure, 2017 - 2030 (USD Million)
Table 12 Europe microwave oven market, by product, 2017 - 2030 (USD Million)
Table 13 Europe microwave oven market, by application, 2017 - 2030 (USD Million)
Table 14 Europe microwave oven market, by structure, 2017 - 2030 (USD Million)
Table 15 Europe microwave oven market, by region, 2017 to 2030 (USD Million)
Table 16 Germany microwave oven market, by product, 2017 - 2030 (USD Million)
Table 17 Germany microwave oven market, by application, 2017 - 2030 (USD Million)
Table 18 Germany microwave oven market, by structure, 2017 - 2030 (USD Million)
Table 19 UK microwave oven market, by product, 2017 - 2030 (USD Million)
Table 20 UK microwave oven market, by application, 2017 - 2030 (USD Million)
Table 21 UK microwave oven market, by structure, 2017 - 2030 (USD Million)
Table 22 France microwave oven market, by product, 2017 - 2030 (USD Million)
Table 23 France microwave oven market, by application, 2017 - 2030 (USD Million)
Table 24 France microwave oven market, by structure, 2017 - 2030 (USD Million)
Table 25 Asia Pacific microwave oven market, by product, 2017 - 2030 (USD Million)
Table 26 Asia Pacific microwave oven market, by application, 2017 - 2030 (USD Million)
Table 27 Asia Pacific microwave oven market, by structure, 2017 - 2030 (USD Million)
Table 28 Asia Pacific microwave oven market, by region, 2017 to 2030 (USD Million)
Table 29 China microwave oven market, by product, 2017 - 2030 (USD Million)
Table 30 China microwave oven market, by application, 2017 - 2030 (USD Million)
Table 31 China microwave oven market, by structure, 2017 - 2030 (USD Million)
Table 32 Japan microwave oven market, by product, 2017 - 2030 (USD Million)
Table 33 Japan microwave oven market, by application, 2017 - 2030 (USD Million)
Table 34 Japan microwave oven market, by structure, 2017 - 2030 (USD Million)
Table 35 India microwave oven market, by product, 2017 - 2030 (USD Million)
Table 36 India microwave oven market, by application, 2017 - 2030 (USD Million)
Table 37 India microwave oven market, by structure, 2017 - 2030 (USD Million)
Table 38 Australia microwave oven market, by product, 2017 - 2030 (USD Million)
Table 39 Australia microwave oven market, by application, 2017 - 2030 (USD Million)
Table 40 Australia microwave oven market, by structure, 2017 - 2030 (USD Million)
Table 41 South Korea microwave oven market, by product, 2017 - 2030 (USD Million)
Table 42 South Korea microwave oven market, by application, 2017 - 2030 (USD Million)
Table 43 South Korea microwave oven market, by structure, 2017 - 2030 (USD Million)
Table 44 Latin America microwave oven market, by product, 2017 - 2030 (USD Million)
Table 45 Latin America microwave oven market, by application, 2017 - 2030 (USD Million)
Table 46 Latin America microwave oven market, by structure, 2017 - 2030 (USD Million)
Table 47 Latin America microwave oven market, by region, 2017 to 2030 (USD Million)
Table 48 Brazil microwave oven market, by product, 2017 - 2030 (USD Million)
Table 49 Brazil microwave oven market, by application, 2017 - 2030 (USD Million)
Table 50 Brazil microwave oven market, by structure, 2017 - 2030 (USD Million)
Table 51 Mexico microwave oven market, by product, 2017 - 2030 (USD Million)
Table 52 Mexico microwave oven market, by application, 2017 - 2030 (USD Million)
Table 53 Mexico microwave oven market, by structure, 2017 - 2030 (USD Million)
Table 54 Middle East and Africa microwave oven market, by product, 2017 - 2030 (USD Million)
Table 55 Middle East and Africa microwave oven market, by application, 2017 - 2030 (USD Million)
Table 56 Middle East and Africa microwave oven market, by structure, 2017 - 2030 (USD Million)
Table 57 Middle East and Africa microwave oven market, by region, 2017 to 2030 (USD Million)
Table 58 South Africa microwave oven market, by product, 2017 - 2030 (USD Million)
Table 59 South Africa microwave oven market, by application, 2017 - 2030 (USD Million)
Table 60 South Africa microwave oven market, by structure, 2017 - 2030 (USD Million)
Table 61 Saudi Arabia microwave oven market, by product, 2017 - 2030 (USD Million)
Table 62 Saudi Arabia microwave oven market, by application, 2017 - 2030 (USD Million)
Table 63 Saudi Arabia microwave oven market, by structure, 2017 - 2030 (USD Million)
Table 64 UAE microwave oven market, by product, 2017 - 2030 (USD Million)
Table 65 UAE microwave oven market, by application, 2017 - 2030 (USD Million)
Table 66 UAE microwave oven market, by structure, 2017 - 2030 (USD Million)

List of Figures

Fig. 1 Market research process
Fig. 2 Data triangulation techniques
Fig. 3 Primary research pattern
Fig. 4 Market research approaches
Fig. 5 Value-chain-based sizing & forecasting
Fig. 6 QFD modeling for market share assessment
Fig. 7 Market formulation & validation
Fig. 8 Microwave oven: Market outlook
Fig. 9 Microwave oven: Competitive insights
Fig. 10 Parent market outlook
Fig. 11 Related/ancillary market outlook
Fig. 12 Penetration and growth prospect mapping
Fig. 13 Industry value chain analysis
Fig. 14 Microwave oven market driver impact
Fig. 15 Microwave oven market restraint impact
Fig. 16 Microwave oven market strategic Initiatives analysis
Fig. 17 Microwave oven market: Product movement analysis
Fig. 18 Microwave oven market: Product outlook and key takeaways
Fig. 19 Convection market estimates and forecasts, 2017 - 2030
Fig. 20 Grill market estimates and forecasts, 2017 - 2030
Fig. 21 Solo market estimates and forecasts, 2017 - 2030
Fig. 22 Microwave oven market: Application movement analysis
Fig. 23 Microwave oven market: Application outlook and key takeaways
Fig. 24 Commercial market estimates and forecasts, 2017 - 2030
Fig. 25 Household market estimates and forecasts, 2017 - 2030
Fig. 26 Microwave oven market: Structure movement analysis
Fig. 27 Microwave oven market: Structure outlook and key takeaways
Fig. 28 Built-in market estimates and forecasts, 2017 - 2030
Fig. 29 Countertop market estimates and forecasts, 2017 - 2030
Fig. 30 Global microwave oven market: Regional movement analysis
Fig. 31 Global microwave oven market: Regional outlook and key takeaways
Fig. 32 North America market estimates and forecasts, 2017 - 2030
Fig. 33 U.S. market estimates and forecasts, 2017 - 2030
Fig. 34 Canada market estimates and forecasts, 2017 - 2030
Fig. 35 Europe market estimates and forecasts, 2017 - 2030
Fig. 36 UK market estimates and forecasts, 2017 - 2030
Fig. 37 Germany market estimates and forecasts, 2017 - 2030
Fig. 38 France market estimates and forecasts, 2017 - 2030
Fig. 39 Asia Pacific market estimates and forecasts, 2017 - 2030
Fig. 40 Japan market estimates and forecasts, 2017 - 2030
Fig. 41 China market estimates and forecasts, 2017 - 2030
Fig. 42 India market estimates and forecasts, 2017 - 2030
Fig. 43 Australia market estimates and forecasts, 2017 - 2030
Fig. 44 South Korea market estimates and forecasts, 2017 - 2030
Fig. 45 Latin America market estimates and forecasts, 2017 - 2030
Fig. 46 Brazil market estimates and forecasts, 2017 - 2030
Fig. 47 Mexico market estimates and forecasts, 2017 - 2030
Fig. 48 Middle East and Africa market estimates and forecasts, 2017 - 2030
Fig. 49 Saudi Arabia market estimates and forecasts, 2017 - 2030
Fig. 50 South Africa market estimates and forecasts, 2017 - 2030
Fig. 51 UAE market estimates and forecasts, 2017 - 2030

Microwave Oven Market Size, Share & Trends Analysis Report By Product (Convection, Grill, Solo), By Application (Commercial, Household), By Structure (Built-in, Countertop), By Region, And Segment Forecasts, 2023 - 2030

Description

Table of Contents

List of Tables

Microwave Oven Market Growth & Trends:

Microwave Oven Market Report Highlights:

Table of Contents

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary

Chapter 3. Microwave Oven Market Variables, Trends & Scope

Chapter 4. Microwave Oven Market: Product Estimates & Trend Analysis

Chapter 5. Microwave Oven Market: Application Estimates & Trend Analysis

Chapter 6. Microwave Oven Market: Structure Estimates & Trend Analysis

Chapter 7. Microwave Oven Market: Regional Estimates & Trend Analysis

Chapter 8. Competitive Landscape

List of Tables

List of Figures