PUBLISHER: TechNavio | PRODUCT CODE: 1915359
PUBLISHER: TechNavio | PRODUCT CODE: 1915359
Global Commercial Microwave Ovens Market 2025-2029
The global commercial microwave ovens market is forecasted to grow by USD 1384.9 mn during 2024-2029, accelerating at a CAGR of 5.1% during the forecast period. The report on the global commercial microwave ovens market 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 food service industry, expansion of e-commerce market, growing demand for energy-efficient cooking process.
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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2025 |
| End Year | 2029 |
| Series Year | 2025-2029 |
| Growth Momentum | Accelerate |
| YOY 2025 | 4.7% |
| CAGR | 5.1% |
| Incremental Value | $1384.9 mn |
Technavio's global commercial microwave ovens market is segmented as below:
By Type
- Button controls
- Dial controls
By Product
- Commercial heavy-duty microwave ovens
- Commercial medium-duty microwave ovens
- Commercial light-duty microwave ovens
By Distribution Channel
- Offline
- Online
Geography
- APAC
- China
- India
- Japan
- South Korea
- Australia
- Indonesia
- Europe
- Germany
- France
- UK
- Italy
- The Netherlands
- Spain
- North America
- US
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Colombia
- Middle East and Africa
- UAE
- South Africa
- Turkey
- Rest of World (ROW)
This study identifies the increase in use of commercial microwave ovens with automatic timers as one of the prime reasons driving the global commercial microwave ovens market growth during the next few years. Also, rising adoption of commercial microwave ovens with technologically advanced features and growing adoption of commercial microwave ovens with safety certifications will lead to sizable demand in the market.
The report on the global commercial microwave ovens market covers the following areas:
- Global commercial microwave ovens market sizing
- Global commercial microwave ovens market forecast
- Global commercial microwave ovens market 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 global commercial microwave ovens market vendors that include AB Electrolux, Ali Group Srl, Celco Inc., Comcater Pty Ltd., Felix Storch Inc., Labnics, Labtron Equipment Ltd., Midea Group Co. Ltd., Panasonic Holdings Corp., Sammic SL, Samsung Electronics Co. Ltd., Smad Electric Appliances, Solwave Inc., The Middleby Corp., Trufrost Cooling Pvt. Ltd., Waring Commercial, Whirlpool Corp.. Also, the global commercial microwave ovens market 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 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 primary and secondary research. 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 accurate market growth.
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Market Segmentation by Product
- Executive Summary - Chart on Market Segmentation by Distribution Channel
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
- 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- 2.2 Criticality of inputs and Factors of differentiation
- 2.3 Factors of disruption
- 2.4 Impact of drivers and challenges
3 Market Landscape
- 3.1 Market ecosystem
- 3.2 Market characteristics
- 3.3 Value chain analysis
4 Market Sizing
- 4.1 Market definition
- 4.2 Market segment analysis
- Market segments
- 4.3 Market size 2024
- 4.4 Market outlook: Forecast for 2024-2029
5 Historic Market Size
- 5.1 Global Commercial Microwave Ovens Market 2019 - 2023
- Historic Market Size - Data Table on Global Commercial Microwave Ovens Market 2019 - 2023 ($ million)
- 5.2 Type segment analysis 2019 - 2023
- Historic Market Size - Type Segment 2019 - 2023 ($ million)
- 5.3 Product segment analysis 2019 - 2023
- Historic Market Size - Product Segment 2019 - 2023 ($ million)
- 5.4 Distribution Channel segment analysis 2019 - 2023
- Historic Market Size - Distribution Channel Segment 2019 - 2023 ($ million)
- 5.5 Geography segment analysis 2019 - 2023
- Historic Market Size - Geography Segment 2019 - 2023 ($ million)
- 5.6 Country segment analysis 2019 - 2023
- Historic Market Size - Country Segment 2019 - 2023 ($ million)
6 Qualitative Analysis
- 6.1 The AI impact on global commercial microwave ovens market
7 Five Forces Analysis
- 7.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029
- 7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029
- 7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029
- 7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029
- 7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029
- 7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029
- 7.7 Market condition
8 Market Segmentation by Type
- 8.1 Market segments
- 8.2 Comparison by Type
- 8.3 Button controls - Market size and forecast 2024-2029
- 8.4 Dial controls - Market size and forecast 2024-2029
- 8.5 Market opportunity by Type
- Market opportunity by Type ($ million)
9 Market Segmentation by Product
- 9.1 Market segments
- 9.2 Comparison by Product
- 9.3 Commercial heavy-duty microwave ovens - Market size and forecast 2024-2029
- 9.4 Commercial medium-duty microwave ovens - Market size and forecast 2024-2029
- 9.5 Commercial light-duty microwave ovens - Market size and forecast 2024-2029
- 9.6 Market opportunity by Product
- Market opportunity by Product ($ million)
10 Market Segmentation by Distribution Channel
- 10.1 Market segments
- 10.2 Comparison by Distribution Channel
- 10.3 Offline - Market size and forecast 2024-2029
- 10.4 Online - Market size and forecast 2024-2029
- 10.5 Market opportunity by Distribution Channel
- Market opportunity by Distribution Channel ($ million)
11 Customer Landscape
- 11.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
12 Geographic Landscape
- 12.1 Geographic segmentation
- 12.2 Geographic comparison
- 12.3 APAC - Market size and forecast 2024-2029
- 12.3.1 China - Market size and forecast 2024-2029
- 12.3.2 India - Market size and forecast 2024-2029
- 12.3.3 Japan - Market size and forecast 2024-2029
- 12.3.4 South Korea - Market size and forecast 2024-2029
- 12.3.5 Australia - Market size and forecast 2024-2029
- 12.3.6 Indonesia - Market size and forecast 2024-2029
- 12.4 Europe - Market size and forecast 2024-2029
- 12.4.1 Germany - Market size and forecast 2024-2029
- 12.4.2 France - Market size and forecast 2024-2029
- 12.4.3 UK - Market size and forecast 2024-2029
- 12.4.4 Italy - Market size and forecast 2024-2029
- 12.4.5 The Netherlands - Market size and forecast 2024-2029
- 12.4.6 Spain - Market size and forecast 2024-2029
- 12.5 North America - Market size and forecast 2024-2029
- 12.5.1 US - Market size and forecast 2024-2029
- 12.5.2 Canada - Market size and forecast 2024-2029
- 12.5.3 Mexico - Market size and forecast 2024-2029
- 12.6 South America - Market size and forecast 2024-2029
- 12.6.1 Brazil - Market size and forecast 2024-2029
- 12.6.2 Argentina - Market size and forecast 2024-2029
- 12.6.3 Colombia - Market size and forecast 2024-2029
- 12.7 Middle East and Africa - Market size and forecast 2024-2029
- 12.7.1 Saudi Arabia - Market size and forecast 2024-2029
- 12.7.2 UAE - Market size and forecast 2024-2029
- 12.7.3 South Africa - Market size and forecast 2024-2029
- 12.7.4 Israel - Market size and forecast 2024-2029
- 12.7.5 Turkey - Market size and forecast 2024-2029
- 12.8 Market opportunity by geography
- Market opportunity by geography ($ million)
- Data Tables on Market opportunity by geography ($ million)
13 Drivers, Challenges, and Opportunity
- 13.1 Market drivers
- Growing food service industry
- Expansion of e-commerce market
- Growing demand for energy-efficient cooking process
- 13.2 Market challenges
- Long product replacement cycle
- Radiation and insulation issues in commercial microwave ovens
- Limitations to cooking in commercial microwave ovens
- 13.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
- 13.4 Market opportunities
- Increase in use of commercial microwave ovens with automatic timers
- Rising adoption of commercial microwave ovens with technologically advanced features
- Growing adoption of commercial microwave ovens with safety certifications
14 Competitive Landscape
- 14.1 Overview
- 14.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 14.3 Landscape disruption
- Overview on factors of disruption
- 14.4 Industry risks
- Impact of key risks on business
15 Competitive Analysis
- 15.1 Companies profiled
- Companies covered
- 15.2 Company ranking index
- Company ranking index
- 15.3 Market positioning of companies
- Matrix on companies position and classification
- 15.4 AB Electrolux
- AB Electrolux - Overview
- AB Electrolux - Business segments
- AB Electrolux - Key news
- AB Electrolux - Key offerings
- AB Electrolux - Segment focus
- SWOT
- 15.5 Ali Group Srl
- Ali Group Srl - Overview
- Ali Group Srl - Product / Service
- Ali Group Srl - Key offerings
- SWOT
- 15.6 Celco Inc.
- Celco Inc. - Overview
- Celco Inc. - Product / Service
- Celco Inc. - Key offerings
- SWOT
- 15.7 Comcater Pty Ltd.
- Comcater Pty Ltd. - Overview
- Comcater Pty Ltd. - Product / Service
- Comcater Pty Ltd. - Key offerings
- SWOT
- 15.8 Felix Storch Inc.
- Felix Storch Inc. - Overview
- Felix Storch Inc. - Product / Service
- Felix Storch Inc. - Key offerings
- SWOT
- 15.9 Labnics
- Labnics - Overview
- Labnics - Product / Service
- Labnics - Key offerings
- SWOT
- 15.10 Midea Group Co. Ltd.
- Midea Group Co. Ltd. - Overview
- Midea Group Co. Ltd. - Product / Service
- Midea Group Co. Ltd. - Key offerings
- SWOT
- 15.11 Panasonic Holdings Corp.
- Panasonic Holdings Corp. - Overview
- Panasonic Holdings Corp. - Business segments
- Panasonic Holdings Corp. - Key news
- Panasonic Holdings Corp. - Key offerings
- Panasonic Holdings Corp. - Segment focus
- SWOT
- 15.12 Sammic SL
- Sammic SL - Overview
- Sammic SL - Product / Service
- Sammic SL - Key offerings
- SWOT
- 15.13 Samsung Electronics Co. Ltd.
- Samsung Electronics Co. Ltd. - Overview
- Samsung Electronics Co. Ltd. - Business segments
- Samsung Electronics Co. Ltd. - Key news
- Samsung Electronics Co. Ltd. - Key offerings
- Samsung Electronics Co. Ltd. - Segment focus
- SWOT
- 15.14 Smad Electric Appliances
- Smad Electric Appliances - Overview
- Smad Electric Appliances - Product / Service
- Smad Electric Appliances - Key offerings
- SWOT
- 15.15 The Middleby Corp.
- The Middleby Corp. - Overview
- The Middleby Corp. - Business segments
- The Middleby Corp. - Key offerings
- The Middleby Corp. - Segment focus
- SWOT
- 15.16 Trufrost Cooling Pvt. Ltd.
- Trufrost Cooling Pvt. Ltd. - Overview
- Trufrost Cooling Pvt. Ltd. - Product / Service
- Trufrost Cooling Pvt. Ltd. - Key offerings
- SWOT
- 15.17 Waring Commercial
- Waring Commercial - Overview
- Waring Commercial - Product / Service
- Waring Commercial - Key offerings
- SWOT
- 15.18 Whirlpool Corp.
- Whirlpool Corp. - Overview
- Whirlpool Corp. - Business segments
- Whirlpool Corp. - Key offerings
- Whirlpool Corp. - Segment focus
- SWOT
16 Appendix
- 16.1 Scope of the report
- Market definition
- Objectives
- Notes and caveats
- 16.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 16.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 16.4 Research methodology
- Research methodology
- 16.5 Data procurement
- Information sources
- 16.6 Data validation
- Data validation
- 16.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 16.8 Data synthesis
- Data synthesis
- 16.9 360 degree market analysis
- 360 degree market analysis
- 16.10 List of abbreviations
- List of abbreviations
