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
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Electric hobs Market, by Distribution Channel
1.4.2 Asia Pacific Electric hobs Market, by Size
1.4.3 Asia Pacific Electric hobs Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition and scenarios
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Market Share Analysis, 2021
Chapter 4. Asia Pacific Electric Hobs Market by Distribution Channel
4.1 Asia Pacific Specialty Stores Market by Country
4.2 Asia Pacific Supermarket/Hypermarket Market by Country
4.3 Asia Pacific E-commerce Market by Country
4.4 Asia Pacific Others Market by Country
Chapter 5. Asia Pacific Electric Hobs Market by Size
5.1 Asia Pacific 2 Burner Market by Country
5.2 Asia Pacific 4 Burner Market by Country
5.3 Asia Pacific 5 Burner Market by Country
Chapter 6. Asia Pacific Electric Hobs Market by Country
6.1 China Electric Hobs Market
6.1.1 China Electric Hobs Market by Distribution Channel
6.1.2 China Electric Hobs Market by Size
6.2 Japan Electric Hobs Market
6.2.1 Japan Electric Hobs Market by Distribution Channel
6.2.2 Japan Electric Hobs Market by Size
6.3 India Electric Hobs Market
6.3.1 India Electric Hobs Market by Distribution Channel
6.3.2 India Electric Hobs Market by Size
6.4 South Korea Electric Hobs Market
6.4.1 South Korea Electric Hobs Market by Distribution Channel
6.4.2 South Korea Electric Hobs Market by Size
6.5 Singapore Electric Hobs Market
6.5.1 Singapore Electric Hobs Market by Distribution Channel
6.5.2 Singapore Electric Hobs Market by Size
6.6 Malaysia Electric Hobs Market
6.6.1 Malaysia Electric Hobs Market by Distribution Channel
6.6.2 Malaysia Electric Hobs Market by Size
6.7 Rest of Asia Pacific Electric Hobs Market
6.7.1 Rest of Asia Pacific Electric Hobs Market by Distribution Channel
6.7.2 Rest of Asia Pacific Electric Hobs Market by Size
Chapter 7. Company Profiles
7.1 Robert Bosch GmbH (BSH Home Appliances Corporation)
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Product Launches and Product Expansions:
7.1.6 SWOT Analysis
7.2 LG Electronics, Inc. (LG Corporation)
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Regional & Segmental Analysis
7.2.4 Research & Development Expenses
7.2.5 SWOT Analysis
7.3 Siemens AG
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 SWOT Analysis
7.4 Whirlpool Corporation
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Regional Analysis
7.4.4 Research & Development Expense
7.4.5 SWOT Analysis
7.5 Haier Smart Home Co., Ltd. (Haier Group Corporation)
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expense
7.6 Beko plc (Arçelik A.Ş.)
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expenses
7.7 Cusimax
7.7.1 Company Overview
7.8 SMEG S.p.A.
7.8.1 Company overview
7.8.2 Recent strategies and developments:
7.8.2.1 Product Launches and Product Expansions:
7.9 Electrolux AB
7.9.1 Company Overview
7.9.2 Recent strategies and developments:
7.9.2.1 Product Launches and Product Expansions:
TABLE 1 Asia Pacific Electric Hobs Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Electric Hobs Market, 2022 - 2028, USD Million
TABLE 3 Asia Pacific Electric Hobs Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 4 Asia Pacific Electric Hobs Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 5 Asia Pacific Specialty Stores Market by Country, 2018 - 2021, USD Million
TABLE 6 Asia Pacific Specialty Stores Market by Country, 2022 - 2028, USD Million
TABLE 7 Asia Pacific Supermarket/Hypermarket Market by Country, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Supermarket/Hypermarket Market by Country, 2022 - 2028, USD Million
TABLE 9 Asia Pacific E-commerce Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific E-commerce Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Electric Hobs Market by Size, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Electric Hobs Market by Size, 2022 - 2028, USD Million
TABLE 15 Asia Pacific 2 Burner Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific 2 Burner Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific 4 Burner Market by Country, 2018 - 2021, USD Million
TABLE 18 Asia Pacific 4 Burner Market by Country, 2022 - 2028, USD Million
TABLE 19 Asia Pacific 5 Burner Market by Country, 2018 - 2021, USD Million
TABLE 20 Asia Pacific 5 Burner Market by Country, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Electric Hobs Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Electric Hobs Market by Country, 2022 - 2028, USD Million
TABLE 23 China Electric Hobs Market, 2018 - 2021, USD Million
TABLE 24 China Electric Hobs Market, 2022 - 2028, USD Million
TABLE 25 China Electric Hobs Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 26 China Electric Hobs Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 27 China Electric Hobs Market by Size, 2018 - 2021, USD Million
TABLE 28 China Electric Hobs Market by Size, 2022 - 2028, USD Million
TABLE 29 Japan Electric Hobs Market, 2018 - 2021, USD Million
TABLE 30 Japan Electric Hobs Market, 2022 - 2028, USD Million
TABLE 31 Japan Electric Hobs Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 32 Japan Electric Hobs Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 33 Japan Electric Hobs Market by Size, 2018 - 2021, USD Million
TABLE 34 Japan Electric Hobs Market by Size, 2022 - 2028, USD Million
TABLE 35 India Electric Hobs Market, 2018 - 2021, USD Million
TABLE 36 India Electric Hobs Market, 2022 - 2028, USD Million
TABLE 37 India Electric Hobs Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 38 India Electric Hobs Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 39 India Electric Hobs Market by Size, 2018 - 2021, USD Million
TABLE 40 India Electric Hobs Market by Size, 2022 - 2028, USD Million
TABLE 41 South Korea Electric Hobs Market, 2018 - 2021, USD Million
TABLE 42 South Korea Electric Hobs Market, 2022 - 2028, USD Million
TABLE 43 South Korea Electric Hobs Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 44 South Korea Electric Hobs Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 45 South Korea Electric Hobs Market by Size, 2018 - 2021, USD Million
TABLE 46 South Korea Electric Hobs Market by Size, 2022 - 2028, USD Million
TABLE 47 Singapore Electric Hobs Market, 2018 - 2021, USD Million
TABLE 48 Singapore Electric Hobs Market, 2022 - 2028, USD Million
TABLE 49 Singapore Electric Hobs Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 50 Singapore Electric Hobs Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 51 Singapore Electric Hobs Market by Size, 2018 - 2021, USD Million
TABLE 52 Singapore Electric Hobs Market by Size, 2022 - 2028, USD Million
TABLE 53 Malaysia Electric Hobs Market, 2018 - 2021, USD Million
TABLE 54 Malaysia Electric Hobs Market, 2022 - 2028, USD Million
TABLE 55 Malaysia Electric Hobs Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 56 Malaysia Electric Hobs Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 57 Malaysia Electric Hobs Market by Size, 2018 - 2021, USD Million
TABLE 58 Malaysia Electric Hobs Market by Size, 2022 - 2028, USD Million
TABLE 59 Rest of Asia Pacific Electric Hobs Market, 2018 - 2021, USD Million
TABLE 60 Rest of Asia Pacific Electric Hobs Market, 2022 - 2028, USD Million
TABLE 61 Rest of Asia Pacific Electric Hobs Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 62 Rest of Asia Pacific Electric Hobs Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 63 Rest of Asia Pacific Electric Hobs Market by Size, 2018 - 2021, USD Million
TABLE 64 Rest of Asia Pacific Electric Hobs Market by Size, 2022 - 2028, USD Million
TABLE 65 key information – Robert Bosch GmbH
TABLE 66 Key information – LG Electronics, Inc.
TABLE 67 Key Information – Siemens AG
TABLE 68 Key information – Whirlpool Corporation
TABLE 69 key information – Haier Smart Home Co., Ltd.
TABLE 70 Key Information – Beko plc
TABLE 71 Key Information – Cusimax
TABLE 72 Key Information – SMEG S.p.A.
TABLE 73 Key Information – Electrolux AB
List of Figures
FIG 1 Methodology for the research
FIG 2 Market Share Analysis, 2021
FIG 3 Swot analysis: Robert bosch gmbh
FIG 4 Swot analysis: LG Corporation
FIG 5 Swot analysis: Siemens AG
FIG 6 SWOT ANALYSIS: whirlpool corporation