Induction Cooktops Market Pdf
In this 21st century, mankind is blessed with multifarious advanced technologies for nearly everything which makes life simpler. Similarly, there are cooking appliances, which make cooking easy, convenient and environment-friendly. Induction cooktops can be considered as one of the advanced technological innovations that work on electricity and is extremely safe to cook food effortlessly.
In this 21st century, mankind is blessed with multifarious advanced technologies for nearly everything which makes life simpler. Similarly, there are cooking appliances, which make cooking easy, convenient and environment-friendly. Induction cooktops can be considered as one of the advanced technological innovations that work on electricity and is extremely safe to cook food effortlessly.
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<strong>Induction</strong> <strong>Cooktops</strong> <strong>Market</strong> Revenue and Value Chain<br />
2017 – 2027<br />
May 2017<br />
Report Id : REP-GB-3495<br />
Status : Ongoing<br />
Category : Industrial Automation and Equipment<br />
©2015 Future <strong>Market</strong> Insights, All Rights Reserved
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<strong>Induction</strong> <strong>Cooktops</strong> <strong>Market</strong><br />
In this 21 st century, mankind is blessed with multifarious advanced technologies for nearly everything which<br />
makes life simpler. Similarly, there are cooking appliances, which make cooking easy, convenient and<br />
environment-friendly. <strong>Induction</strong> cooktops can be considered as one of the advanced technological innovations<br />
that work on electricity and is extremely safe to cook food effortlessly.<br />
<strong>Induction</strong> cooktops, also known as induction hobs, use induction technology to generate electromagnetic field<br />
and transfer heat directly to the bottom of the metal vessel that must be made of ferrous metals such as cast<br />
iron or steel. Since, the cooking pan or vessel is heated by a magnetic field rather than heating the bottom of the<br />
cooking vessel with an electric heating element or flame, energy wastage by heating up the surrounding air<br />
around the cooking vessel is very less and it makes the induction cooktop energy efficient. The cooking surface<br />
of induction cooktops are generally made from tough, heat resistant ceramic or glass.<br />
There are numerous advantages of using induction cooktops. Firstly, they are more energy efficient appliances<br />
(around 90 percent) when compared to other traditional cooking appliances. <strong>Induction</strong> cooktops help cook food<br />
quicker than conventional ones. Moreover, they are usually built from glass or ceramic cooktops that are strong,<br />
durable and very easy to clean. <strong>Induction</strong> cooktops can cook food even at low temperatures. Additionally, these<br />
induction cooktops come with a safety function feature and shut off automatically when cooking vessel is not<br />
present on the top.<br />
<strong>Induction</strong> <strong>Cooktops</strong>: <strong>Market</strong> Dynamics<br />
Rapid urbanization and rising awareness among consumers to opt for energy efficient kitchen appliances with<br />
advanced safety features are the major driving factors for the induction cooktops market<br />
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<strong>Induction</strong> <strong>Cooktops</strong> <strong>Market</strong><br />
In addition to that, induction cooktops are relatively safe than LPG cylinders because of the absence of<br />
open flames. Owing to the rising prices of conventional cooking fuel, people are choosing induction<br />
cooktops as an alternative option. Moreover, induction cooktops have become a part of lifestyle<br />
standards for healthy and safe cooking.<br />
However, cost is the major restraint for induction cooktops market as they are two to three times more<br />
expensive than an ordinary gas or electric cooktop. Moreover, induction cooktops can work properly with<br />
cooking vessel made up from cast iron or steel. Aluminium, copper pans and glass cookware do not work<br />
on induction cooktops, which is also a restraint to the market growth.<br />
<strong>Induction</strong> <strong>Cooktops</strong>: <strong>Market</strong> Segmentation<br />
Based on product type, the global induction cooktops market is segmented into the following:<br />
• Free standing induction cooktops<br />
• Integrated induction cooktops<br />
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Based on size, the global induction cooktops market is segmented into the following:<br />
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<strong>Induction</strong> <strong>Cooktops</strong> <strong>Market</strong><br />
• Small<br />
• Medium<br />
• Large<br />
Based on surface, the global induction cooktops market is segmented into the following:<br />
• Flat surface<br />
• Concave surface<br />
Based on Power, the global induction cooktops market is segmented into the following:<br />
• Less than 5 KW<br />
• Between 5 KW- 10 KW<br />
• More than 10 KW<br />
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<strong>Induction</strong> <strong>Cooktops</strong> <strong>Market</strong><br />
Based on Distribution Channel, the global induction cooktops market is segmented into the following:<br />
• Supermarkets<br />
• Specialty Stores<br />
• Online Stores<br />
• Others<br />
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Based on application, the global induction cooktops market is segmented into the following:<br />
• Household<br />
• Commercial<br />
<strong>Induction</strong> <strong>Cooktops</strong>: Regional Outlook<br />
In terms of geography, Europe holds a major market share in the global induction cooktops market.<br />
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<strong>Induction</strong> <strong>Cooktops</strong> <strong>Market</strong><br />
However, Asia Pacific region is becoming a fast growing region in the global induction cooktops market owing to<br />
rising disposable incomes and rapid urbanization that lead to increase in sales of induction cooktops<br />
majorly in India and China.<br />
<strong>Induction</strong> <strong>Cooktops</strong>: <strong>Market</strong> Participants<br />
Examples of some of the market participants identified across the value chain of global induction<br />
cooktops market include:<br />
• Avantco Equipment<br />
• Alluserv<br />
• APW Wyott<br />
• Eurodib<br />
• Bajaj Electricals<br />
• Inalsa<br />
• Philips India<br />
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<strong>Induction</strong> <strong>Cooktops</strong> <strong>Market</strong><br />
• Stovekraft<br />
• TTK Prestige Ltd.<br />
• Panasonic<br />
• LG Electronics<br />
• Haier Group<br />
• Hatco<br />
• Vollrath<br />
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• Waring<br />
• Bon Chef<br />
• Globe<br />
• Cal-Mil<br />
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