Asia Pacific Electric hobs Market

Asia Pacific Electric hobs Market Size, Share & Industry Trends Analysis Report By Distribution Channel (Specialty Stores, Supermarket/Hypermarket, E-commerce), By Size (2 Burner, 4 Burner, and 5 Burner), By Country and Growth Forecast, 2022 - 2028

Report Id: KBV-9632 Publication Date: June-2022 Number of Pages: 75
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Analysis of Market Size & Trends

The Asia Pacific Electric hobs Market would witness market growth of 5.3% CAGR during the forecast period (2022-2028).

Electric hobs generate heat by transmitting an electric current through materials beneath the ceramic glass surface, whereas induction hobs use high-frequency magnetic levitation to generate heat. There are two types of electric hobs: solid plate and ceramic. The term "ceramic hob" refers to the hob's appearance rather than its functionality.

Because of its wipe-clean facade, the elegant, streamlined ceramic glass is simple to use and clean. A black sealed plate heats and cools slowly on an electric solid plate hob. It usually consists of four-ring electric plates, and recommend using only flat-bottomed pots and pans to provide the most better heat transfer from the metal sheet to the pan.

The two most common types of stovetop cooking are electric and gas. Electric hobs take a minute or two to heat up, whereas gas offers heat instantaneously through a flame. On electric hobs, the cooking elements are known as cooking rings or zones, and there can be anywhere from four to six of them. However, the more rings to cook with, the higher the price. There is multiple-sized ring for different sorts of pans, and consumer can set the temperature of each ring individually.

LPG, biogas, ICS, PNG, electricity, and solar-based cooking are among the clean cooking energy solutions addressed in this Roadmap for both urban and rural India. Stacking will be prevalent among households switching to clean and safe energy, necessitating a multifuel solution using a variety of main and secondary fuels and technologies. Different technologies, on the other hand, are at various stages of preparedness for acceptance and scale.

It is critical to consider the effectiveness and durability of contemporary technologies, such as solar-powered cooking, to ensure that they fit the food preparation requirements and different eating patterns of Indian households. A diversified country like India would not be able to cover all of its cooking energy needs with a single fuel or method. To acquire a holistic view of cooking needs and cooking energy in the country, differences in eating patterns, economic levels, fuel availability, and cultural norms are considered.

The China market dominated the Asia Pacific Electric Hobs Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $67.9 Million by 2028. The Japan market is exhibiting a CAGR of 4.7% during (2022 - 2028). Additionally, The India market is anticipated to grow a CAGR of 5.9% during (2022 - 2028).

Based on Distribution Channel, the market is segmented into Specialty Stores, Supermarket/Hypermarket, E-commerce, and Others. Based on Size, the market is segmented into 2 Burner, 4 Burner, and 5 Burner. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

Free Valuable Insights: The Worldwide Electric hobs Market is Projected to reach USD 816.2 Million by 2028, at a CAGR of 4.6%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Robert Bosch GmbH (BSH Home Appliances Corporation), LG Electronics, Inc. (LG Corporation), Siemens AG, Whirlpool Corporation, Haier Smart Home Co., Ltd. (Haier Group Corporation), Beko plc (Arçelik A.?.), Cusimax, SMEG S.p.A. and Electrolux AB

Scope of the Study

Market Segments Covered in the Report:

By Distribution Channel

  • Specialty Stores
  • Supermarket/Hypermarket
  • E-commerce
  • Others

By Size

  • 2 Burner
  • 4 Burner
  • 5 Burner

By Country

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Key Market Players

List of Companies Profiled in the Report:

  • Robert Bosch GmbH (BSH Home Appliances Corporation)
  • LG Electronics, Inc. (LG Corporation)
  • Siemens AG
  • Whirlpool Corporation
  • Haier Smart Home Co., Ltd. (Haier Group Corporation)
  • Beko plc (Arçelik A.?.)
  • Cusimax
  • SMEG S.p.A.
  • Electrolux AB
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