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Global Microwave Oven Market Research Report 2022

SKU ID : QYR-21020906 | Publishing Date : 07-Jun-2022 | No. of pages : 106

Microwave oven is a kitchen appliance that heats and cooks food by exposing it to electromagnetic radiation in the microwave frequency range. This induces polar molecules in the food to rotate and produce thermal energy in a process known as dielectric heating. Microwave ovens heat foods quickly and efficiently because excitation is fairly uniform in the outer 25–38 mm (1–1.5 inches) of a homogeneous, high water content food item; food is more evenly heated throughout than generally occurs in other cooking techniques.
Due to the COVID-19 pandemic, the global Microwave Oven market size is estimated to be worth US$ 9793 million in 2021 and is forecast to a readjusted size of US$ 13470 million by 2028 with a CAGR of 4.6% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Microwave Oven market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Microwave Oven landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
Global Microwave Oven key players include Galanz, Midea, Electrolux, Whirlpool, Panasonic, etc. Global top five manufacturers hold a share about 65%. China is the largest market, with a share about 50%, followed by Europe, with a share about 15 percent. In terms of product, Under 1 Cu.Ft Type is the largest segment, with a share about 60%. And in terms of application, the largest application is Commercial Use, followed by Household Use, etc.
This report focuses on Microwave Oven volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Microwave Oven market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China, Japan and Korea, etc.
Global Microwave Oven Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type

Under 1 Cu. Ft Type
1 to 1.9 Cu. Ft Type
Over 2 Cu.ft Type

Segment by Application

Household Use
Commercial Use

By Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

By Company

Galanz
Midea
Electrolux
Whirlpool
Panasonic
Samsung
Daewoo
BSH Home Appliances
SHARP
LG
Brandt
GE (Haier)
Candy
Moulinex
Breville

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
  • By product type
  • By End User/Applications
  • By Technology
  • By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

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