Microwave Oven Market in US 2024-2028

Description

List of Tables

The microwave oven market in US is forecasted to grow by USD 606.74 mn during 2023-2028, accelerating at a CAGR of 5.57% during the forecast period. The report on the microwave oven market in US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for energy-efficient cooking process, growing food service industry, and expansion of e-commerce market.

Technavio's microwave oven market in US is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	4.98%
CAGR	5.57%
Incremental Value	$606.74mn

By Distribution Channel

Offline
Online

By Application

Household
Commercial

By Type

Counter top
Built-in

This study identifies the rising adoption of microwave ovens with technologically advanced features as one of the prime reasons driving the microwave oven market in US growth during the next few years. Also, increase in use of commercial microwave ovens with automatic timers and growing adoption of commercial microwave ovens with safety certifications will lead to sizable demand in the market.

The report on the microwave oven market in US covers the following areas:

Microwave oven market in US sizing
Microwave oven market in US forecast
Microwave oven market in US industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading microwave oven market in US vendors that include Celco Inc., Conair Corp., Electrolux AB, Felix Storch Inc., FRIGIDAIRE, Haier Smart Home Co. Ltd., Hitachi Ltd., IFB Appliances, LG Electronics Inc., Midea Group Co. Ltd., Panasonic Holdings Corp., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Sharp Corp., Solwave Inc., The Middleby Corp., Transform Holdco LLC, and Whirlpool Corp.. Also, the microwave oven market in US analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR77501

1 Executive Summary

1.1 Market overview

2 Market Landscape

2.1 Market ecosystem

3 Market Sizing

3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028

4 Historic Market Size

4.1 Microwave oven market in US 2018 - 2022
4.2 Distribution Channel Segment Analysis 2018 - 2022
4.3 Application Segment Analysis 2018 - 2022
4.4 Type Segment Analysis 2018 - 2022

5 Five Forces Analysis

5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition

6 Market Segmentation by Distribution Channel

6.1 Market segments
6.2 Comparison by Distribution Channel
6.3 Offline - Market size and forecast 2023-2028
6.4 Online - Market size and forecast 2023-2028
6.5 Market opportunity by Distribution Channel

7 Market Segmentation by Application

7.1 Market segments
7.2 Comparison by Application
7.3 Household - Market size and forecast 2023-2028
7.4 Commercial - Market size and forecast 2023-2028
7.5 Market opportunity by Application

8 Market Segmentation by Type

8.1 Market segments
8.2 Comparison by Type
8.3 Counter top - Market size and forecast 2023-2028
8.4 Built-in - Market size and forecast 2023-2028
8.5 Market opportunity by Type

9 Customer Landscape

9.1 Customer landscape overview

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
11.3 Landscape disruption
11.4 Industry risks

12 Vendor Analysis

12.1 Vendors covered
12.2 Market positioning of vendors
12.3 Celco Inc.
12.4 Conair Corp.
12.5 Electrolux AB
12.6 FRIGIDAIRE
12.7 Haier Smart Home Co. Ltd.
12.8 Hitachi Ltd.
12.9 IFB Appliances
12.10 LG Electronics Inc.
12.11 Panasonic Holdings Corp.
12.12 Robert Bosch GmbH
12.13 Samsung Electronics Co. Ltd.
12.14 Sharp Corp.
12.15 The Middleby Corp.
12.16 Transform Holdco LLC
12.17 Whirlpool Corp.

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
13.3 Currency conversion rates for US$
13.4 Research methodology
13.5 List of abbreviations