City of Industry, CA -- (SBWIRE) -- 07/21/2018 -- This report studies the Global Induction Cooktop Market status and forecast, categorizes the global Induction Cooktop market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa).

Simply, an induction cooktop is an electromagnet. Inside the glass cooktop, there's an electronically controlled coil of metal. When turn on the power, there will be an alternating current flow through the coil and it produces a fluctuating magnetic field all around it and directly above it, this will produce heat indirectly.

Induction cooktop is a cooking equipment using electromagnetism to turn cooking pans into cookers (creating heat energy inside the pan itself, instead of firing it in from outside). The types of induction cooktop mainly include touch screen and touchtone type.

China is the largest production market of induction cooktop with market share more than 70%. In addition, China is also the largest consumer of induction cooktop with market share about 59% in 2015.In general; China is the most important player in the global market of induction cooktop.

Every year, there is millions of induction cooktops exported to India, Taiwan, USA and Europe from China. Giant manufacturers like Midea, SUPOR and Joyoung not only dominated the local market, but also occupied large market share in other regions.

The global Induction Cooktop market is valued at 5450 million US$ in 2017 and will reach 5600 million US$ by the end of 2025, growing at a CAGR of 0.3% during 2018-2025.

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The major manufacturers covered in this report

Midea

SUPOR

Joyoung

Philips

POVOS

Galanz

Fusibo

Sunpentown

Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering

North America

Europe

China

Japan

India

Southeast Asia

Other regions (Central & South America, Middle East & Africa)

We can also provide the customized separate regional or country-level reports, for the following regions:

North America

Asia-Pacific

Europe

Central & South America

Middle East & Africa

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into

Touch Screen Type

Touchtone Type

By Application, the market can be split into

Home Use

Commercial Use

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The study objectives of this report are:

To analyze and study the global Induction Cooktop capacity, production, value, consumption, status (2013-2017) and forecast (2018-2025);

Focuses on the key Induction Cooktop manufacturers, to study the capacity, production, value, market share and development plans in future.

Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.

To define, describe and forecast the market by type, application and region.

To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.

To identify significant trends and factors driving or inhibiting the market growth.

To analyze the opportunities in the market for stakeholders by identifying the high growth segments.

To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

To strategically profile the key players and comprehensively analyze their growth strategies.

In this study, the years considered to estimate the market size of Induction Cooktop are as follows:

History Year: 2013-2017

Base Year: 2017

Estimated Year: 2018

Forecast Year 2018 to 2025

For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Key Stakeholders

Induction Cooktop Manufacturers

Induction Cooktop Distributors/Traders/Wholesalers

Induction Cooktop Subcomponent Manufacturers

Industry Association

Downstream Vendors

Available Customizations

With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:

Regional and country-level analysis of the Induction Cooktop market, by end-use.

Detailed analysis and profiles of additional market players.

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