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LAMEA Household Induction Cooktops Market Size, Share & Industry Trends Analysis Report By Type (Built-In, and Free-Standing & Portable), By Distribution Channel (Offline, and Online) By Country and Growth Forecast, 2023 - 2030

Published Date : 14-Dec-2023

Pages: 124

Formats: PDF

The Latin America, Middle East and Africa Household Induction Cooktops Market would witness market growth of 10.7% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 4,073.2 thousand units, showcasing a growth of 12.0% (2023-2030).

Induction cooktops frequently incorporate modern LED touch controls. These controls not only provide a sleek and futuristic appearance but also offer a user-friendly interface. The integration of touch controls aligns with the tech-savvy nature of modern kitchens. Manufacturers often offer various colour options for induction cooktops, allowing homeowners to match or contrast the appliance with other elements in the kitchen. The availability of different colours adds a level of customization, enhancing the aesthetic appeal.

Household induction cooktops have a broad spectrum of applications in residential kitchens, offering versatility and efficiency in various cooking scenarios. One of the primary applications is in precision cooking. The precise temperature control that induction cooktops provide makes them ideal for simmering delicate sauces, melting chocolate, or maintaining a specific temperature for sous vide cooking. Quick heating is another key application. The rapid responsiveness of induction cooktops allows for faster cooking times, catering to the needs of busy households where time is of the essence.

Smart home integration adds sophistication and high-end appeal to induction cooktops, making them attractive to consumers who prioritize premium and technologically advanced appliances in the UAE. In the UAE, where smartphone penetration is high, the ability to manage the cooktop from anywhere in the home contributes to user convenience. Smart induction cooktops align with this trend by offering features like remote control, pre-set cooking programs, and automated functionalities that cater to the fast-paced lifestyle of residents in the UAE. Due to these aspects, the market will expand across the LAMEA region in upcoming years.

The Brazil market dominated the LAMEA Household Induction Cooktops Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $513.7 Million by 2030. The Argentina market is showcasing a CAGR of 11.3% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 10.4% during (2023 - 2030).

Based on Type, the market is segmented into Built-In, and Free-Standing & Portable. Based on Distribution Channel, the market is segmented into Offline, and Online. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

Free Valuable Insights: The Worldwide Household Induction Cooktops Market is Projected to reach USD 21.1 Billion by 2030, at a CAGR of 7.1%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Whirlpool Corporation, LG Corporation, Panasonic Holdings Corporation, Sub-Zero Group, Inc., Haier Smart Home Co., Ltd. (Haier Group Corporation), Koninklijke Philips N.V., Robert Bosch GmbH, SMEG S.p.A., AB Electrolux, and Miele & Cie. KG.

Scope of the Study

Market Segments Covered in the Report:

By Type (Volume, Thousand Units, USD Billion, 2019-2030)

  • Built-In
  • Free-Standing & Portable

By Distribution Channel (Volume, Thousand Units, USD Billion, 2019-2030)

  • Offline
  • Online

By Country (Volume, Thousand Units, USD Billion, 2019-2030)

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players

Companies Profiled

  • Whirlpool Corporation
  • LG Corporation
  • Panasonic Holdings Corporation
  • Sub-Zero Group, Inc.
  • Haier Smart Home Co., Ltd. (Haier Group Corporation)
  • Koninklijke Philips N.V.
  • Robert Bosch GmbH
  • SMEG S.p.A.
  • AB Electrolux
  • Miele & Cie. KG
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Household Induction Cooktops Market, by Type
1.4.2 LAMEA Household Induction Cooktops Market, by Distribution Channel
1.4.3 LAMEA Household Induction Cooktops Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Forces Analysis

Chapter 4. LAMEA Household Induction Cooktops Market, By Type
4.1 LAMEA Built-In Market, By Country
4.2 LAMEA Free-Standing & Portable Market, By Country

Chapter 5. LAMEA Household Induction Cooktops Market, By Distribution Channel
5.1 LAMEA Offline Market, By Country
5.2 LAMEA Online Market, By Country

Chapter 6. LAMEA Household Induction Cooktops Market, By Country
6.1 Brazil Household Induction Cooktops Market
6.1.1 Brazil Household Induction Cooktops Market, By Type
6.1.2 Brazil Household Induction Cooktops Market, By Distribution Channel
6.2 Argentina Household Induction Cooktops Market
6.2.1 Argentina Household Induction Cooktops Market, By Type
6.2.2 Argentina Household Induction Cooktops Market, By Distribution Channel
6.3 UAE Household Induction Cooktops Market
6.3.1 UAE Household Induction Cooktops Market, By Type
6.3.2 UAE Household Induction Cooktops Market, By Distribution Channel
6.4 Saudi Arabia Household Induction Cooktops Market
6.4.1 Saudi Arabia Household Induction Cooktops Market, By Type
6.4.2 Saudi Arabia Household Induction Cooktops Market, By Distribution Channel
6.5 South Africa Household Induction Cooktops Market
6.5.1 South Africa Household Induction Cooktops Market, By Type
6.5.2 South Africa Household Induction Cooktops Market, By Distribution Channel
6.6 Nigeria Household Induction Cooktops Market
6.6.1 Nigeria Household Induction Cooktops Market, By Type
6.6.2 Nigeria Household Induction Cooktops Market, By Distribution Channel
6.7 Rest of LAMEA Household Induction Cooktops Market
6.7.1 Rest of LAMEA Household Induction Cooktops Market, By Type
6.7.2 Rest of LAMEA Household Induction Cooktops Market, By Distribution Channel

Chapter 7. Company Profiles
7.1 Whirlpool Corporation
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Regional Analysis
7.1.4 Research & Development Expense
7.1.5 SWOT Analysis
7.2 LG Corporation
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expenses
7.2.5 SWOT Analysis
7.3 Panasonic Holdings Corporation
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expenses
7.3.5 SWOT Analysis
7.4 Sub-Zero Group, Inc.
7.4.1 Company Overview
7.4.2 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
7.5.5 SWOT Analysis
7.6 Koninklijke Philips N.V.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expense
7.6.5 SWOT Analysis
7.7 Robert Bosch GmbH
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expense
7.7.5 SWOT Analysis
7.8 SMEG S.p.A.
7.8.1 Company overview
7.8.2 SWOT Analysis
7.9 AB Electrolux
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Regional Analysis
7.9.4 Research & Development Expenses
7.9.5 SWOT Analysis
7.10. Miele & Cie. KG
7.10.1 Company Overview
7.10.2 SWOT Analysis
TABLE 1 LAMEA Household Induction Cooktops Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Household Induction Cooktops Market, 2023 - 2030, USD Million
TABLE 3 LAMEA Household Induction Cooktops Market, 2019 - 2022, Thousand Units
TABLE 4 LAMEA Household Induction Cooktops Market, 2023 - 2030, Thousand Units
TABLE 5 LAMEA Household Induction Cooktops Market, By Type, 2019 - 2022, USD Million
TABLE 6 LAMEA Household Induction Cooktops Market, By Type, 2023 - 2030, USD Million
TABLE 7 LAMEA Household Induction Cooktops Market, By Type, 2019 - 2022, USD Million
TABLE 8 LAMEA Household Induction Cooktops Market, By Type, 2023 - 2030, USD Million
TABLE 9 LAMEA Built-In Market, By Country, 2019 - 2022, USD Million
TABLE 10 LAMEA Built-In Market, By Country, 2023 - 2030, USD Million
TABLE 11 LAMEA Built-In Market, By Country, 2019 - 2022, USD Million
TABLE 12 LAMEA Built-In Market, By Country, 2023 - 2030, USD Million
TABLE 13 LAMEA Free-Standing & Portable Market, By Country, 2019 - 2022, USD Million
TABLE 14 LAMEA Free-Standing & Portable Market, By Country, 2023 - 2030, USD Million
TABLE 15 LAMEA Free-Standing & Portable Market, By Country, 2019 - 2022, USD Million
TABLE 16 LAMEA Free-Standing & Portable Market, By Country, 2023 - 2030, USD Million
TABLE 17 LAMEA Household Induction Cooktops Market, By Distribution Channel, 2019 - 2022, USD Million
TABLE 18 LAMEA Household Induction Cooktops Market, By Distribution Channel, 2023 - 2030, USD Million
TABLE 19 LAMEA Household Induction Cooktops Market, By Distribution Channel, 2019 - 2022, USD Million
TABLE 20 LAMEA Household Induction Cooktops Market, By Distribution Channel, 2023 - 2030, USD Million
TABLE 21 LAMEA Offline Market, By Country, 2019 - 2022, USD Million
TABLE 22 LAMEA Offline Market, By Country, 2023 - 2030, USD Million
TABLE 23 LAMEA Offline Market, By Country, 2019 - 2022, USD Million
TABLE 24 LAMEA Offline Market, By Country, 2023 - 2030, USD Million
TABLE 25 LAMEA Online Market, By Country, 2019 - 2022, USD Million
TABLE 26 LAMEA Online Market, By Country, 2023 - 2030, USD Million
TABLE 27 LAMEA Online Market, By Country, 2019 - 2022, USD Million
TABLE 28 LAMEA Online Market, By Country, 2023 - 2030, USD Million
TABLE 29 LAMEA Household Induction Cooktops Market, By Country, 2019 - 2022, USD Million
TABLE 30 LAMEA Household Induction Cooktops Market, By Country, 2023 - 2030, USD Million
TABLE 31 LAMEA Household Induction Cooktops Market, By Country, 2019 - 2022, Thousand Units
TABLE 32 LAMEA Household Induction Cooktops Market, By Country, 2023 - 2030, Thousand Units
TABLE 33 Brazil Household Induction Cooktops Market, 2019 - 2022, USD Million
TABLE 34 Brazil Household Induction Cooktops Market, 2023 - 2030, USD Million
TABLE 35 Brazil Household Induction Cooktops Market, 2019 - 2022, Thousand Units
TABLE 36 Brazil Household Induction Cooktops Market, 2023 - 2030, Thousand Units
TABLE 37 Brazil Household Induction Cooktops Market, By Type, 2019 - 2022, USD Million
TABLE 38 Brazil Household Induction Cooktops Market, By Type, 2023 - 2030, USD Million
TABLE 39 Brazil Household Induction Cooktops Market, By Type, 2019 - 2022, Thousand Units
TABLE 40 Brazil Household Induction Cooktops Market, By Type, 2023 - 2030, Thousand Units
TABLE 41 Brazil Household Induction Cooktops Market, By Distribution Channel, 2019 - 2022, USD Million
TABLE 42 Brazil Household Induction Cooktops Market, By Distribution Channel, 2023 - 2030, USD Million
TABLE 43 Brazil Household Induction Cooktops Market, By Distribution Channel, 2019 - 2022, Thousand Units
TABLE 44 Brazil Household Induction Cooktops Market, By Distribution Channel, 2023 - 2030, Thousand Units
TABLE 45 Argentina Household Induction Cooktops Market, 2019 - 2022, USD Million
TABLE 46 Argentina Household Induction Cooktops Market, 2023 - 2030, USD Million
TABLE 47 Argentina Household Induction Cooktops Market, 2019 - 2022, Thousand Units
TABLE 48 Argentina Household Induction Cooktops Market, 2023 - 2030, Thousand Units
TABLE 49 Argentina Household Induction Cooktops Market, By Type, 2019 - 2022, USD Million
TABLE 50 Argentina Household Induction Cooktops Market, By Type, 2023 - 2030, USD Million
TABLE 51 Argentina Household Induction Cooktops Market, By Type, 2019 - 2022, Thousand Units
TABLE 52 Argentina Household Induction Cooktops Market, By Type, 2023 - 2030, Thousand Units
TABLE 53 Argentina Household Induction Cooktops Market, By Distribution Channel, 2019 - 2022, USD Million
TABLE 54 Argentina Household Induction Cooktops Market, By Distribution Channel, 2023 - 2030, USD Million
TABLE 55 Argentina Household Induction Cooktops Market, By Distribution Channel, 2019 - 2022, Thousand Units
TABLE 56 Argentina Household Induction Cooktops Market, By Distribution Channel, 2023 - 2030, Thousand Units
TABLE 57 UAE Household Induction Cooktops Market, 2019 - 2022, USD Million
TABLE 58 UAE Household Induction Cooktops Market, 2023 - 2030, USD Million
TABLE 59 UAE Household Induction Cooktops Market, 2019 - 2022, Thousand Units
TABLE 60 UAE Household Induction Cooktops Market, 2023 - 2030, Thousand Units
TABLE 61 UAE Household Induction Cooktops Market, By Type, 2019 - 2022, USD Million
TABLE 62 UAE Household Induction Cooktops Market, By Type, 2023 - 2030, USD Million
TABLE 63 UAE Household Induction Cooktops Market, By Type, 2019 - 2022, Thousand Units
TABLE 64 UAE Household Induction Cooktops Market, By Type, 2023 - 2030, Thousand Units
TABLE 65 UAE Household Induction Cooktops Market, By Distribution Channel, 2019 - 2022, USD Million
TABLE 66 UAE Household Induction Cooktops Market, By Distribution Channel, 2023 - 2030, USD Million
TABLE 67 UAE Household Induction Cooktops Market, By Distribution Channel, 2019 - 2022, Thousand Units
TABLE 68 UAE Household Induction Cooktops Market, By Distribution Channel, 2023 - 2030, Thousand Units
TABLE 69 Saudi Arabia Household Induction Cooktops Market, 2019 - 2022, USD Million
TABLE 70 Saudi Arabia Household Induction Cooktops Market, 2023 - 2030, USD Million
TABLE 71 Saudi Arabia Household Induction Cooktops Market, 2019 - 2022, Thousand Units
TABLE 72 Saudi Arabia Household Induction Cooktops Market, 2023 - 2030, Thousand Units
TABLE 73 Saudi Arabia Household Induction Cooktops Market, By Type, 2019 - 2022, USD Million
TABLE 74 Saudi Arabia Household Induction Cooktops Market, By Type, 2023 - 2030, USD Million
TABLE 75 Saudi Arabia Household Induction Cooktops Market, By Type, 2019 - 2022, Thousand Units
TABLE 76 Saudi Arabia Household Induction Cooktops Market, By Type, 2023 - 2030, Thousand Units
TABLE 77 Saudi Arabia Household Induction Cooktops Market, By Distribution Channel, 2019 - 2022, USD Million
TABLE 78 Saudi Arabia Household Induction Cooktops Market, By Distribution Channel, 2023 - 2030, USD Million
TABLE 79 Saudi Arabia Household Induction Cooktops Market, By Distribution Channel, 2019 - 2022, Thousand Units
TABLE 80 Saudi Arabia Household Induction Cooktops Market, By Distribution Channel, 2023 - 2030, Thousand Units
TABLE 81 South Africa Household Induction Cooktops Market, 2019 - 2022, USD Million
TABLE 82 South Africa Household Induction Cooktops Market, 2023 - 2030, USD Million
TABLE 83 South Africa Household Induction Cooktops Market, 2019 - 2022, Thousand Units
TABLE 84 South Africa Household Induction Cooktops Market, 2023 - 2030, Thousand Units
TABLE 85 South Africa Household Induction Cooktops Market, By Type, 2019 - 2022, USD Million
TABLE 86 South Africa Household Induction Cooktops Market, By Type, 2023 - 2030, USD Million
TABLE 87 South Africa Household Induction Cooktops Market, By Type, 2019 - 2022, Thousand Units
TABLE 88 South Africa Household Induction Cooktops Market, By Type, 2023 - 2030, Thousand Units
TABLE 89 South Africa Household Induction Cooktops Market, By Distribution Channel, 2019 - 2022, USD Million
TABLE 90 South Africa Household Induction Cooktops Market, By Distribution Channel, 2023 - 2030, USD Million
TABLE 91 South Africa Household Induction Cooktops Market, By Distribution Channel, 2019 - 2022, Thousand Units
TABLE 92 South Africa Household Induction Cooktops Market, By Distribution Channel, 2023 - 2030, Thousand Units
TABLE 93 Nigeria Household Induction Cooktops Market, 2019 - 2022, USD Million
TABLE 94 Nigeria Household Induction Cooktops Market, 2023 - 2030, USD Million
TABLE 95 Nigeria Household Induction Cooktops Market, 2019 - 2022, Thousand Units
TABLE 96 Nigeria Household Induction Cooktops Market, 2023 - 2030, Thousand Units
TABLE 97 Nigeria Household Induction Cooktops Market, By Type, 2019 - 2022, USD Million
TABLE 98 Nigeria Household Induction Cooktops Market, By Type, 2023 - 2030, USD Million
TABLE 99 Nigeria Household Induction Cooktops Market, By Type, 2019 - 2022, Thousand Units
TABLE 100 Nigeria Household Induction Cooktops Market, By Type, 2023 - 2030, Thousand Units
TABLE 101 Nigeria Household Induction Cooktops Market, By Distribution Channel, 2019 - 2022, USD Million
TABLE 102 Nigeria Household Induction Cooktops Market, By Distribution Channel, 2023 - 2030, USD Million
TABLE 103 Nigeria Household Induction Cooktops Market, By Distribution Channel, 2019 - 2022, Thousand Units
TABLE 104 Nigeria Household Induction Cooktops Market, By Distribution Channel, 2023 - 2030, Thousand Units
TABLE 105 Rest of LAMEA Household Induction Cooktops Market, 2019 - 2022, USD Million
TABLE 106 Rest of LAMEA Household Induction Cooktops Market, 2023 - 2030, USD Million
TABLE 107 Rest of LAMEA Household Induction Cooktops Market, 2019 - 2022, USD Million
TABLE 108 Rest of LAMEA Household Induction Cooktops Market, 2023 - 2030, USD Million
TABLE 109 Rest of LAMEA Household Induction Cooktops Market, By Type, 2019 - 2022, USD Million
TABLE 110 Rest of LAMEA Household Induction Cooktops Market, By Type, 2023 - 2030, USD Million
TABLE 111 Rest of LAMEA Household Induction Cooktops Market, By Type, 2019 - 2022, Thousand Units
TABLE 112 Rest of LAMEA Household Induction Cooktops Market, By Type, 2023 - 2030, Thousand Units
TABLE 113 Rest of LAMEA Household Induction Cooktops Market, By Distribution Channel, 2019 - 2022, USD Million
TABLE 114 Rest of LAMEA Household Induction Cooktops Market, By Distribution Channel, 2023 - 2030, USD Million
TABLE 115 Rest of LAMEA Household Induction Cooktops Market, By Distribution Channel, 2019 - 2022, Thousand Units
TABLE 116 Rest of LAMEA Household Induction Cooktops Market, By Distribution Channel, 2023 - 2030, Thousand Units
TABLE 117 Key information – Whirlpool Corporation
TABLE 118 Key Information – LG Corporation
TABLE 119 Key Information – panasonic holdings corporation
TABLE 120 Key Information – Sub-Zero Group, Inc.
TABLE 121 key information – Haier Smart Home Co., Ltd.
TABLE 122 Key Information – Koninklijke Philips N.V.
TABLE 123 Key Information – Robert Bosch GmbH
TABLE 124 Key Information – SMEG S.p.A.
TABLE 125 Key Information – AB Electrolux
TABLE 126 Key Information – Miele & Cie. KG

List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Household Induction Cooktops Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting the Household Induction Cooktops Market
FIG 4 Porter’s Five Forces Analysis - Household Induction Cooktops Market
FIG 5 LAMEA Household Induction Cooktops Market share, By Type, 2022
FIG 6 LAMEA Household Induction Cooktops Market share, By Type, 2030
FIG 7 LAMEA Household Induction Cooktops Market, By Type, 2019 - 2030, USD Million
FIG 8 LAMEA Household Induction Cooktops Market share, By Distribution Channel, 2022
FIG 9 LAMEA Household Induction Cooktops Market share, By Distribution Channel, 2030
FIG 10 LAMEA Household Induction Cooktops Market, By Distribution Channel, 2019 - 2030, USD Million
FIG 11 LAMEA Household Induction Cooktops Market share, By Country, 2022
FIG 12 LAMEA Household Induction Cooktops Market share, By Country, 2030
FIG 13 LAMEA Household Induction Cooktops Market, By Country, 2019 - 2030, USD Million
FIG 14 SWOT Analysis: Whirlpool Corporation
FIG 15 SWOT Analysis: LG Corporation
FIG 16 SWOT Analysis: Panasonic Holdings Corporation
FIG 17 SWOT Analysis: Sub-Zero Group, Inc.
FIG 18 SWOT Analysis: HAIER SMART HOME CO., LTD.
FIG 19 SWOT Analysis: Koninklijke Philips N.V.
FIG 20 SWOT Analysis: Robert Bosch GmbH
FIG 21 SWOT Analysis: SMEG S.p.A.
FIG 22 SWOT Analysis: AB Electrolux
FIG 23 Swot analysis: Miele & Cie. KG

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