21-aug-19 The global induction cooktop market size is expected to reach USD 27.3 billion by 2025, according to a new report., expanding at a CAGR of 5.7% over the forecast period.

In addition, increasing importance of modular kitchen as they offer excellent convenience, aesthetic appeal, and efficient storage capabilities is expected to expand the market reach.The built-in product segment is expected to remain the largest segment over the next few years.

These products find use as they offer various benefits such as smart slide, temperature control, four cooking zones, and child lock safety system.

Additionally, new product launches by the industry participants through the inclusion of technological features such as smart device connectivity are expected to play a key role in promoting the utility of built-in products in the near future.Access the Case Study @ https://www.radiantinsights.com/research/induction-cooktops-market/request-sampleThe household application segment held the largest market share in 2018and is expected to witness the fastest growth from 2019 to 2025.

Growing purchasing power, along with increasing popularity of modular kitchen in emerging economies including China and India, is anticipated to have a positive impact on the growth.Major producers of this industry include Whirlpool Corporation; LG Electronics Inc.; Robert Bosch GmbH; Electrolux AB; TTK Group; Panasonic Corporation; Smeg; Koninklijke Philips N.V.; General Electric Company; Sub-Zero Group, Inc.; and Miele.

For instance, in January 2015, General Electric Company launched three new products under the brand names Cafe, Profile, and Monogram that have swipe-friendly control and precise heat control.Further key findings from the report suggest:• The built-in product segment generated a revenue of more than USD 10.0 billion in 2018• The household application segment held the largest induction cooktop market share accounted for over 70.0% of the total revenue in 2018• Asia Pacific is expected to expand at the fastest CAGR of 8.3% from 2019 to 2025.Table of ContentsChapter 1.

This report studies the global market size of Range Hood and Cooktop in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Range Hood and Cooktop in these regions.This research report categorizes the global Range Hood and Cooktop market by players/brands, region, type and application.

This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter's Five Forces Analysis.A range hood is a cooking appliance whose primary function is to remove additional heat and unwanted airborne particles from the kitchen.The growth in trend to keep the kitchen well-managed, clean, and elegant looking have also been major drivers of the global range hood and cooktop market.The various contributors involved in the value chain of Range Hood and Cooktop include manufacturers, suppliers, distributors, intermediaries, and customers.

The key manufacturers in the Range Hood and Cooktop include    Samsung Electronics Co., Ltd.    AB Electrolux    Koninklijke Philips N.V.    Siemens AG    Whirlpool Corporation    Robert Bosch GmbH    Panasonic Corporation    Fagor Electrodomsticos    Vatti Corporation Ltd.    Thermador CorporationMarket Size Split by Type    Range Hoods    CooktopsMarket Size Split by Application    Personal    ProfessionalThe study objectives of this report are:    To study and analyze the global Range Hood and Cooktop market size (value & volume) by company, key regions/countries, products and application, history data from 2013 to 2017, and forecast to 2025.

To understand the structure of Range Hood and Cooktop market by identifying its various subsegments.

To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

Focuses on the key global Range Hood and Cooktop manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.